Whole market is quiet... There are only a few top players who have confidence atm... Crypto let DXY go...
I think we'll stay in the range as we'll be testing the top for the first time... Waiting for a support or upward movement of BTC... A quick escape out of the range is possible in short time...
Only clean trades... No trade is also a winning trade...
BTC/45M
Before the pump yesterday, WE formed a pennant (two purple lines bottom left) then we legged up insanely to ~24900 but did not touch the origin point of resistance ~25212.
now we are forming the same pattern (two red line top right).so this could go up to ~28600 with this momentum that its showing. Green drawing shows the wave of the pennant which both...
BTC/3H Back to the rising broadening wedge
Please Boost,Follow,Comment it MOTIVATES me to do more for real!!
Yesterday we were inside a rising wedge but we Also were forming a pennant at the top of the wedge which was a sign of continuation to the upside.
we exited the wedge and we went to ~24900 (Touching the top of our rising broadening wedge). there is a...
BTC 1D
I'm still HOLD LONG
Now, 25.2k is strong resistance.
BUT above this area till 28k is LOW RESISTANCE
PLUS CME GAP 27.3k - 29k
LONG or REBUY if BTC Breakout from 25.2k
Good afternoon , dear colleagues!
I am pleased to welcome everyone who wants to get acquainted with my vision of the current situation on this assets .
At this stage of the situation, we see this algorithm being clearly worked out. When an asset shows a strong movement without corrections.
The current situation only suggests that we need to wait for a...
Good afternoon , dear colleagues!
I am pleased to welcome everyone who wants to get acquainted with my vision of the current situation on this assets.
Why long?
As we discussed in the previous opinion, we saw how the price followed the stop loss.
At this stage of the situation, professional operators need to lock in profits and buy the asset at more...
Market participants take profits and close positions due to stop orders from weak market participants.
Warning, you need to be prepared for a false breakout of local highs.
If you have any questions, leave them in the comments and I will be happy to answer them.
Good luck to everyone and enjoy the trend!
Good afternoon, dear colleagues!
I am pleased to welcome everyone who wants to get acquainted with my vision of the current situation on this assets.
After yesterday's impulsive movement, I expect the price of the asset to rise further. Yesterday, we witnessed professional operators testing the strength of the buyer, which was followed by an impulse movement....
Cup and Handle has formed on Bitcoin.
We have finally had the break above the brim level.
Now that the buyers and demand are streaming in we can expect upside.
7>21 Price >200 - Bullish
RSI>70
Target 23,643
FUNDAMENTALS
There seems to be a strong correlation for when the Global markets rally, Bitcoin tend to follow. I don't know if it's because they are so...
#BTC:- Moving nice and slow to our target, the green box.
It's already up 4.5%, expecting our 7% Target to hit in the next 48 hours.
What do you think will happen when the price reaches that resistance?
I will update my next chart as per the price action.
Will analyze the chart accordingly.
For now, It's better not to FOMO into Alts and wait for some red (Likely...
Bitcoin trying to jebait more longers with its new extreme before dumps on the bulls and destroys the bull hopium once in for all
BTC/3H ,`still in the rising wedge`
Personally looking for a possible short from ~22600 to ~22900 or around ~21800 if it bleeds there does a bearish retest
Please Comment,Boost,Share. Really motivates me to do more.really...
4h - 12h - 1D TF
Im hold LONG for now.
why?
btc 4h still retrace on ascending broadening.
retrace with falling wedge and breakout with double bottom after CPI.
and now 12h is double bottom retracement. bounce from here, next target is 22.8K
overall is bull pattern. and im HOLD LONG!
but if break above 21.9K btc will play around new zone (20k is dip)
but still LONG!
Good afternoon , dear colleagues!
I am pleased to welcome everyone who wants to get acquainted with my vision of the current situation on this instrument.
Today, the asset continues to show strength after the weekend, as evidenced by the formation of an uptrend with a buyer's test. For this period of time, I expect the buyer (professional operators) to regain...
Previous maps have factored in BTC's journey when the price was at 25k which fell to 15k.
everything is very precise, but unfortunately, it turns out that the map cannot be published due to problems with language and domicile regulations!
And now, I'm just looking at the equivalent of Bitcoin's current state (Feb 2023) to 2020 Feb, in 1M TF .
It all starts with...
BTC OUTLOOK
Due to bullish exhaustion at monthly resistance at 24k , i do expect BTC to have a minor retracement as we are in right now. We have CPI data to be released tmrw and my take on CPI is that we might still get high inflation due to how strong the labour market was last month. This would break down pivot prayers and would cause short term dollar strength...
Signal: Blue, Bottom Confirmed
BTC , BTCUSD , BTCUSDT , BTCUSDTPERP , BTCBUSDPERP , BITCOIN , CRYPTO, CRYPTOCURRENCY
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
