Holding 60 K as recent local low, potential retracement's as shown 30m strategy signals are pulling back to support then pushing higher. Halving event brought no significant volatility into the weekend trading. ** use previous FIB level as Stoploss for LONG/BUY *** seek next FIB zone as target for taking profits/support/pullback --Message me for strategy...
I don't want to make this too long - So simply put - There is a precise repeating pattern related to the 2.414 & 2.618 FIBS when the retracement is pulled from the bottom of the last upward test in price move to the top of the price move before the fall to the bear market low that immediately follows. The bear market bottom has pivoted at it's lowest point exactly...
It all depends on how you look at things. I do not pretend to be alarmist, much less bearish, in the long term, I simply like to value all points of view, and this? is precisely a VALID point of view. NEVER forget it. During these years I have seen countless GRAPHICS and all of them are extremely bullish without any justification, even logarithmically. Well...
Bitcoin (BTC) great performance over the past 10 days gaining 14%. Anyone trade before the pump?🚀
Back in early October 2020, BTC broke back above the daily moving average ribbons at $11,000 and signalled the beginning of the bull run. After a growth of 500% in the BTC price, BTC tops out and breaks back below the Daily Ribbons. If we close today's daily candle above $56,600, and BTC goes on another 500% increase, that's will bring a price target of $340,000...
Bitcoin has had a relatively large uptrend in the last 32 weeks, just as it did in late 2017. However, the momentum seems to be slowing now, and the MACD and RSI are showing bearish divergence on the 1 week and 1 day log chart. Here I use a log chart to predict the price of Bitcoin turning down in the coming weeks based on these bearish indicators. Bearish...
Hi all, After these prices are achieved, which will be support levels, expect at least 40k at May 2021, with the target of 48k in 2021. Buy now, do not regret later. Good luck.
In this tutorial, just I draw this chart for long term and I want to share you and review: 1. Bitcoin it's still into this re-accumulation zone, that it's very important to know~!!! 2. Bitcoin still bullish and right now, we are in the highly maximum price and then, we would need to check out this chart 3. And remember, I use this model for you to understand what...
We broke out and retested as support, (very important) and now if we break above and close the probabilties become higher for new ATH sooner than later
Hello there, I'm finally back from my holidays and here is my view for BTCUSD . Enjoy! It's been a while and I've been missing this stuff, so I'll go straight to the point: I'm one of those who believe that Bitcoin is going to the moon very soon. Let me explain why... So basically this chart is made up of two patterns which state respectively a major and a...
The halving is done and we have seen a bit of volatility the last hours before. Now to the moon??? I wish for it but i don´t expect it. What is the initial situation: - We see lower highs along the falling purple line - At the Moment we see a lot of resistance in the area of 10.000 - 10.500 - Seven positive weeks in a row - The halving - A lot of hype on...
Bitcoin maybe going to the fourth parabolic advance, the halvings are marked in the blue arrow, this logarithmic chart could take us to $300.000 per Bitcoin. We need to see the breakout from this triangle as first sign of the parabolic advance. This is a long long term chart analysis so we need much more information on the way as the chart plays out.
the current flash crash reminded me of the 2015 flash crash that was ultimately the bottom, I decided to grab that fractal and place it to the current time and what I found was very strange, it fits out current trend lines perfectly! beyond that it fits with the halving pump and dump! I am not saying this is going to happen, but it would be super cool if it did!...
On a daily Chart I am beginning to see a little bit more sense of which direction I think price might want to go. I see price pulling back a little, then get to the top of that channel and bounce right back to $6,500 if it doesn't break the resistance of that channel. OR Price of Bitcoin might fall a little more (and maybe back to $6,500 and maybe dip...
Looks to me that BTC just loves wedgies! ;) looking at some technicals, looks bullish to me not much else to say.
#Renkotrade Hello to all watching my charts. A nice situation we can check here in Bitcoin today. Botz of my channels are still short, but my shorttime channel is going more and more to the north AND Bitcoin has made a higher high and jump above the resistance (i had shown you the resistance as black line). So if we will have a going forward like that...
No matter how many people believe that the price make random random moves. Over time bitcoin has proven to be an asset that repeats many patterns and trends. Just want to believe and see! Observing this pattern, we can conclude that there are only a few weeks of bear market, at most 8-10 in my opinion. This is a simple analysis, and does not really need to be...