Bitcoin retreat from $35,000 could trigger more declines to $30,000. Billionaire Mark Cuban believes Bitcoin is better than gold in almost all perspectives. Bitcoin made a swing into recovery after the massive selloff to $29,000 earlier in the week. The flagship cryptocurrency closed the gap to $35,000 but failed to sustain the uptrend toward $40,000. A...
While everyone has been ultra bearish with the price action and a plethera of futures and grayscale gaps sit under us, this little fractal caught my eye. Are we at the bottom band of a consolidation range ready to spring up and test the highs? RSI is set up very similar with VERY similar volume markers. That 4 hr green hammer yesterday had plenty of volume behind...
Bitcoin's bounce yesterday was good. Today's follow up was okay. But Bitcoin isn't out of woods until at least close above 36k. Must hold bottom of the box and stay inside box , ideally above 36k.
So last two days bulls showing more interest at this level, and seems like we have had great volume, on chain data is not that bearish, it's safe to say Bitcoin looks like bottomed out for now, it can't stay in this range forever, China FUD created enough liquidity for Bulls to buy back Bitcoin with 50% discount from the top. So yeah, anyone waiting to Jump in...
i like to make some graphs like that when peoples are in Dispair mode. - i used a modified ADX indicator with a Monthly Timeframe ( thanks to the creator by the way ) - Look at the Mountains and tell me when in past bullruns we stopped at 100 ? - Never - - The Highest Point is 160+ That said my advice for now is : " You don't really care if TheKing will back...
Personally, I believe bitcoin is in a V-Shape recovery. By then end of the month, I think it would be safe to speculate that we will be back to the $40k support. We may have some compression between $39-42k, but I think it's safe to say we are going to be testing $46k within the next couple of weeks. Beyond that will depend on how the market is moving. Anyone...
Its almost the middle of summer and we've seen quite the drop in Crypto in the past few weeks. There is a lot of speculation surrounding crypto however, it's here to stay! We are looking for Buys above the $28k - $30 k price zone for the $40's As always, only risk what you're willing to lose! The Trading Regime BITBAY:BTCUSD
It seems two tp is possible Based on Ichimoku and ress. supp. 1st one kijunsen tp and second one nearest higher support. Good luck
What has been going on with Bitcoin lately? Is it ready to breakout to new all-time highs or is it actually starting to form a top? The arc illustrated in the chart is a common topping pattern, so if you are a Bitcoin bull (which I am), you don't want it to keep staying within that arc. You would want to see a break upwards out of that arc for confirmation that...
Ok so now let me break it for u what I see. In order trend to continue and catch a MSL (major swing level) this movement must continue above the previous MSL in order to mark it as an actual swing. I see a lot of ppl calling it a dip well its not until it clears the in short term the levels ~36200 and then above ~40-41. As you can clearly see when the downtrend...
In monthly period, bitcoin's price are moving through in the channel, indeed if it doesn't break the bottom, it would be able approximately after 5 years to reach the goal.
Market in the last 24hrs BTCUSD saw a bull run in the last 24 hours with price moving from the Bottom Bollinger band to upper. Trading volume has been very low in the last 24 hours. Today’s Trend analysis Price is nearing the upper Bollinger band which usually acts as a strong resistance line. If the price accepts the upper Bollinger band as a resistance line...
Bitcoin Buy Safe Positions Daily Chart SMA300 SMA400 Price on-trend test support, Stop loss location is zero! I back to trading view after a long break so enjoy my new post! :)
Hi guys, this is OG back with another cryptocurrency update. If you find value in my work, please do like, share, and comment. And also feel free to share your ideas and technical analysis in the comments below. In yesterday's post (linked below), I was tracking Bitcoin as it broke 30K and I said to be on the lookout for a fake breakdown, which is exactly what...
This analysis are being plotted based on current Bearish Mood towards Cryptocurrency time ( June 2021 ), due to Tight Regulatory environment from the Social Influential Billionaire ;) , Possible more Crackdown from regulatory side / Government around the World...well here it is TP for 100,000 USD BTC ( slowest pace possible ) unless Market decided to PUSH higher...
Bitcoin in bearish condition with strong support in $19,174 but the closed target is $27,320. Technical Analysis - Weekly pricing channel cannot break mid-channel and keep sideways with closed lower is $27,320 - Refer to weekly pricing channel, the strong support is $19,174.99 Prediction: - July 18, 2021, is will be a strong bearish condition - Sideways will...
Disclaimer: Not financial advice just my humble opinion, please do your own research before investing your money. Let's go. INTRO The main idea behind the Wyckoff Accumulation or Reaccumulation let's call it WAR for short is for "Smart money" (SM) or massive financial powerhouses to absorb the asset from "Dumb Money" (DM) or Small amateur investors (you and me)....
That , to me, looks like a Bullish flag formation. Normally the price should storm up next to check resistance. Last time we had this formation: here On alert, the FXPROFESSOR