. . . . . . This analysis is for educational purposes only and should not be considered financial advice. Trade responsibly with capital you can afford to lose.
Hi, At my previous analysis "click here" , We have a strong minor support, but its already broken. the one and only support we have left at $40.213.53 if this support broken, bearish will continue to reach major support at $30,475 and if it happen, alt coin will be at red zone again. Bullish will happen only if $43,655 broken up with target at 49,000-50,000...
I maintain a bearish outlook on both Bitcoin and altcoins. After returning to the $44k range, it appears poised to decline to the $40k to $38k range. I've been anticipating the end of the bull run for a while now, and my stance remains unchanged. Between now and February to April, a retest of the $35k range seems probable. Depending on selling pressure, the two...
I have never doom posted on crypto but it's all coming together. We hit a strong resistance from 2013 and dropped exactly there, all the logarythmic guys are going to be thrown of. This is going to be a massacre, I keep trying to tell everyone but everyone seems comfortable just HODL'ing which I get but I have a very strong gut feeling this will change. Good...
Technical Analysis and Outlook: Bitcoin continued a pivotal squeeze to Key Sup 41200 and is prone to make a rebound to the newly created Mean Res 43200. The down movement target is Inner Coin Dip 38500 and Mean Sup 37700.
Trading Setup: There is a Trading Signal to Buy in BTCUSDT Bitcoin Traders can open their Buy Trades NOW ⬆️Buy now or Buy on 40500.0 ⭕️SL @ 38400.0 🔵TP1 @ 47000.0 🔵TP2 @ 52000.0 🔵TP3 @ 58000.0 previous idea What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger...
Bitcoin consolidates around FWB:41K -$43k as ETF excitement settles: In the wake of the much anticipated approval of spot bitcoin ETFs last week, bitcoin (BTC) prices initially jumped to FWB:49K before suddenly dropping to FWB:42K as investors processed the news of approval and analyzed the data on the flows and volumes from the first day of trading....
Kindly check this Educational video on Moving Average and Exponential Moving Average
We can now see a clear break to the downside. Price has broken down and and lost trend support. Yesterday we saw price break out of consolidation to the downside. Earlier we had a retest and a strong rejection off the consolidation block verifying the sell. Areas of interest are 38k and 32k I'm still sticking to my previous post with the 32k level being...
2023 has been a good year for crypto, and we are nearing the end of the year. But what will happen in 2024? Will we encounter a bullish market like 2023? Before drawing conclusions, there are several key levels that you need to know. If you pay attention, during December Bitcoin tried hard to penetrate 44,376. This level is very important, because Bitcoin's...
Hello, dear Skyrexians! Bitcoin is crashing right now and traders have the question, when BTC will go up again or we are in the next bearish phase. In my opinion it's in bearish phase, but bounce is likely to be seen. After full 5 Elliott waves cycle Bitcoin is showing us the ABC correction. It has the strong target next to the wave 4 bottom of lower degree. We...
first area can change the direction is 40000 second area is 38000 the maximum correction can reach to 35000
Currently experiencing a 12-month BEARISH Stophunt on BTC. This pullback is apparently due to Greyscale selling its BTC shares I see we will AT LEAST drop down to 40k, but lower is more than likely necessary for capitulation and a move higher. I see approx areas of support being 39K,35k,32k,30k,26k Anything is possible. I personally would love another OPP to...
The price is still in Stage 1. Although internal consolidation looks bullish. Volumes are dried up when price pulls back and expansion when price moves up can be seen. The bullish spreads are also getting wider. Some traders will perceive the internal structure as inverted H&S, while some will see it as Cup and Handle pattern. Reminder - We still need a decisive...
yess . BITCOIN is getting reay for the dump towards 30k .. structruly market break it out below its last waves so on the little retracement we ready for the short ,, good luck
BTC.D - bitcoin dominance - momentum fractals just taking a quick squiz at this dom chart. been neglecting this one. cycles of degen: bitcoin pumps again leaving most alts behind. select few alts pump with it or beat it % wise. btc dom flats out and another wave of alts pumps. everything dumps.
As I've been saying for months, once Bitcoin broke and closed above $32k price would increase quickly. The Head & Shoulders pattern that was forming was also invalidated, so the new uptrending channel is intact and headed to the Fibonacci Golden Pocket range of FWB:48K -$50k potentially in 2023. We'll likely see profit taking pullback here. But then we're...
Basically no changes on my plan for Bitcoin. No moves, no volatility, it's obvious that an explosive moves will come soon to squeez some positions. I expect a shot up till $44.900/$45.000 to squeeze some shorts next a drop till $40.000 zone. I placed a sell limit here