Bitcoin price roll down -18% yesterday and now settle at 42800.
This week I see price action within sub 44800 range, before any major breakout will happen.
This time alt market will face short-term pullback, so we might get a good trades.
Keep your eye on global markets, correlation between crypto and stocks are back to high levels (chart...
My thoughts on the current situation.
Bitcoin and the relationship between the bullmarket TOP and HALVING.
In the two previous cycles, the TOP of the entire growth cycle was exactly 820-850 days before the next HALVING.
Taking this into account, theoretically, we should reach TOP in December this year, and then go into
a downward trend and consolidations for the...
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Hey traders! I was looking at the RSI and I saw something kind of interesting.
As you can see, the past few times bitcoin's RSI has hit 42-49, there has been a massive pump....
Well, here we are. Best of luck traders
BTCUSD BITCOIN Chart after it was given a sharp move towards downside, Price making good chart with support and resistance trendline.
IF IT'S BREAK ANY SIDE WE CAN SEE GOOD MOVEMENT.
AS WE SEE DOWNSIDE CHART GIVE GOOD SUPPORT BECAUSE WE CAN SEE WICK IS VERY HIGH NEAR SUPPORT AREA SO IF IT'S BREAK DOWN SIDE SO WE CAN SEE SHARP FALL AGAIN BUT IF IT'S BREAK UPSIDE...
Another MAJOR FACTOR here is what this could mean for alt-coins! I think we are going to see massive gains for altcoins especially ETH, ADA , SOL, and BNB .
This is just what I see when I look at the charts!
Hy traders, SIRLEVEN here, well on this occasion I try to share again about the Bitcoin analysis that I previously discussed a few days ago, let's just go straight to the discussion.
We can see from the daily candle that there is the potential for the formation of a triple doji candle, this indicates that there is a change in sentiment from market participants,...
Center Line support zone test... again!
Please do not ask to explain what's on chart. Once again: there's no price prediction in there. I am just updating data (charts) posted months, sometimes years, ago. The Median Line in this chart was posted for the first time here:
History Doesn't Repeat Itself, but It Often Rhymes. This idea is based on the fractal from September 2019 / March 2020, at that time markets crashed.
This is not a financial advice. Always Do Your Own Research
Ok, this is very early to say yet, but I expect us to have a little move towards to the upside real soon, and how its going to be played out might be this inverse head and shoulder. Worth to watch if we manage to break the trendline
HI guys Mr.Karimi here analyzing BTC today.
So just like my previous BTC chart i'm still bullish on BTC but i decided to update this chart and remove some noise. My view is still the same but this time with a cleaner chart. I think BTC after sometime of consolidating on the 50 Daily EMA starts it's bullish trend to the 57 to 59K and then gets bearish all the way...
After a few days ago BTC had a deep correction, if we look at the pattern that appeared, BTC began to form a small sideways that formed a pennant pettern, and today we can see that BTC has broken out of this pattern, but is still trying to break through the 47.7 area to validating this continuation, whereas if we look at the RSI, Volume and Stochastic indicators...
The long-anticipated correction of bitcoin's price has taken place, with the price falling to the .382 fib.
I believe this fall was not because of negative bitcoin news but because of the RSI bearish divergence which has now been corrected.
That being said, I suspect that we will close the daily candle at the .5 Fibonacci around 46,700.
From there, I find it...
From the chart Bitcoin heading to break 54000 as new resistance level , to continue uptrend BTC should trade above 47000 as support level .
Be careful traders .. and good luck .. cheers !!
This is for educational analysis not financial advice , and you need to do your own research.
As you can see it contains all the tops and bottoms in the last 11 years of bitcoin.
Another good sign of it, is that its slope gets lower as it goes to the higher prices so that in the log scale it becomes rational to use it for further and it doesnt become useless as the time goes on.
It says our ath for 2022 will be 80K and it can come till the bottom of the...