Just an idea, why I think this Bitcoin and Crypto Bull Run cannot be over. Combined Indicators and Facts (RSI + MACD + Bull Run timeframes) are showing significant GAPS compared to former Bull Runs. Possibly, we will see more downtrend near RSI Oversold Zone before turning current Micro-Bear-Momentum to Micro-Bull-Acceleration. Happy to see some comments. No...
HERE'S MY BTC ANALYSIS, COMMENT BELOW WHAT YOU THINK
The wedge..the wedge, the wedge! Yesterday we broke under the wedge, reached below 30k only to go back into the wedge super fast. Will between break over the wedge and fly higher now, or will it end up going sideways into the contraction zone? Well, it will be interesting and as you can see I am Bullish. the FXPROFESSOR
As part of the uptrend on Bitcoin, we have another acceleration today. Today we trade the pennant pattern ======= $ 34000 - BUY signal $ 36000 - target 1 If you like my idea, please get the like and write your opinion in the comments.
Reached the low of Jan 2021: The price action of Bitcoin dropped at $28800 dollar, that was very close to the low of first week of January 20201, when the price action dropped from $33600 to $28130 in a single day. However the long-term strong support is at $30K because we have more touch points at this level. A parallel channel formation: The price action of...
Bitcoin, pullback might happen but GLOBALLY we are still Bearish
Bitcoin seems to form a hammer candle, but we also need a follow up with a green candle to confirm the local bottom. We have a mix of good and bad news in the last few weeks which has definitely sent investors/traders into a panic and confusion. So far we have bounced of expected demand zone, let's see if we get back above 40K. But overall looking at the fear in...
Hi Traders, Bitcoin decline from $64854 high unfolded as a classic Elliott Wave impulse pattern, labeled (i)-(ii)-(iii)-(iv)-(v). Wave (iii) is the longest of the three impulse waves, wave (ii) is a sharp zigzag correction, and wave (iv) is a sideways double-three correction. According to Elliott Wave theory, a three-wave correction in the opposite direction...
Currently trading around 34 000 Yesterday bitcoin touched 29 000USD. If bitcoin found the bottom then we can except growth to 45 000 - 48 000USD. Important suport - 29 000 USD Important resist 40 000 USD
BITSTAMP:BTCUSD 3D NOW THIS REALLY MEANS SOMETHING... WE HAVE THIS LAST CHANCE TO SELL OUR EARNINGS... LAST CHANCE TO BUY A DIP AND SELL IT AT 40K AGAIN... ONE LAST CHANCE. WHEN WE THOUGHT THINGS CHANGED. IT WAS NOT... IT IS STILL PROGRAMMED AND IT WON'T GIVE A SINGLE DAMN ABOUT ME AND YOU EVERSINCE ITS BEEN LIKE THIS AND NEVER IT DID SHOW A SINGLE MERCY TO...
It will be your self fulfilling prophecy.
BTC has had a huge correction as of late, but I don't think this is the bear market yet. I am noticing a potential for one last bull run as bullish patterns emerge. Right now, I see a decending triangle, which in my experience, has resulted in bull runs. I don't think it will be an instant boom, but rather a long way up back to the top. Look for breakouts at the...
Previously, btc had printed bullish structure on the daily, which failed as we called, but as I also said I expected a HL to trade back to range highs and maybe beyond, but sadly that was a no go Here, btc has had a huge wick through the range low (the low wick on the first capitulation) on some exchanges and took out the most recent LL, and currently will close...
This is only for entertaining purposes, please share your thoughts. Thank you.
Current analysis of Bitcoin (BTCUSD) - viewing in the D1 chart The BITCOIN has shown its weak side since the top formation in spring, especially starting from the beginning of May. Over the past few days, the selling pressure has increased further, so that the world's most famous cryptocurrency corrected again to the price level of USD 30,000. This brand has...
Bitcoin took a hit today like alts did and we have rallied a little bit back up but i am not convinced the drop is over but thats my opinion. We seem to be getting stuck underneath the downtrend resistance coming from our ATH. We are looking a bit positive for our daily close coming up soon jumping back up from underneath the 0 FIB level. The MACD is holding up a...
First let’s suppose there is no more FUD coming from Trump, Musk, or China, we can see the $36,000 digit this week. There is inverted Head and Shoulder forming and if the chart respects the pattern formed, we must see a bullish rally. Please Like and Follow to support.
Needs trigger above today's high