Below was the last prediction done in the previous article Next predictions : Bitcoin might now try to breach the 5900 in the next ten days and might again fall back to 5400 before moving ahead. It might take another cycle before BTC price tries to breach the crucial 6400 path. Link to the Analysis Now the line that was drawn on 29th April where the...
Hi, my first ever publised idea, hope you guys like it...This chart looks simple to me, dropping to g-cross and to the strong fib level at one time, comment with your ideas. Targon
Bitcoin is still in the triangle. Best profit/loss ratio for long. This is the bullish scenario. If it breaks from the triangle next stop is around 3300. I expect BINANCE:BTCUSDT to stay in the triangle at least for 3-4 more days.
Last time i expected "...an additional move to the area of 4.260/4.330$" but we stopped at 4.230$ and broke down to the current level of 3.620$. Are still sure that we are goin to the moon??? I don´t want so sit in this rocket. We didn´t create a higher high and the only conclusion is that we are still in a bearish trend. I see a high probability bitcoin will...
At first i will clarify that i am a believer in bitcoin. I don´t think bitcoin will die or anything people outside say about it. In my opinion bitcoin is still in a bearish trend and we see a bullish reaction of the last days/weeks. All the way down we saw this and i think it is just the same. This bullish reaction is limited to the price area of 4.5/4.6k. I...
Just Take a look at the charts.
Let's assume we have a mirrored wave pattern to the previous two large impulse waves on the long term, and we have this fun chart, 12k btc in April 2020 and 180k bitcoin in January 2021. This chart is fun.
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Hello, fellow crypto enthusiasts! Are you still out there? Of course, you are, you are not going to let a 40% to 50% dump in the price of cryptos scare you off! Having survived this bear market will only serve to make you stronger in the future. I am once again going out on a limb here to speculate about the possible future price action for Bitcoin. The last...
Hello fellow crypto enthusiasts! I wish I could tell you exactly what BTC is going to do in the days and weeks to come but sadly I can't. One thing that is apparent is how much the volatility has dropped. Since setting a low of $6119.50 (Bitfinex price) BTC has been in a slight uptrend. Zooming out to a long term view, compared to the wild swings we were seeing in...
After a boring weekend full of bots with a very low real volume the price continue inside of a symmetrical triangle which regardless the SEC decision, looks quite ugly. The announcement whether they delay or denny the current ETF´s, have to be released in a period of 24-48 hours maximum, and the deadline for the price leaving the triangle is depending on that...
So i have been keeping an eye out for this yearly descending triangle and waiting for the right postion. I see that we have some higher lows formed but i have not been sold on the highs yet if they have played out the full move or not. I feel at this point it made its move up and we will maybe retest again somewhere near the recent high but im looking to get in a...
Updating my targets to look for.... Could be a good time for some of those altcoins...? --- NO MATTER THE TIMING OF YOUR CHART: 15min - RSI / Stock RSI 30min - RSI / Stock RSI 1h - RSI / Stock RSI 4h - Stock RSI It looks like a Bull Flag is definetely happening! & all longs seem to be concentrated on XRP...
For my first (ever) idea I draw dotted lines from the previous tops. As some thought the last top was a bit early, I estimated a next drop to come early again. (Light gray vs red dots to give the dark dotted line). I used the ribbon (4h) with the RSI to consider this reversal. Checking the last time price got through the ribbon (green ray), I draw the last...
Hello fellow crypto enthusiasts! I hope you are all having a great weekend. So, the Bitcoin saga continues and as we know where Bitcoin goes generally the rest of the crypto market follows. I wish my analysis and my outlook in the short to medium term was not so negative but I’m afraid that it is. What I am seeing when I look at Bitcoin's price action is steadily...
I think the chart speaks for itself but I would be happy to elaborate in the comment section :) Forgot to add the RSI is meant to read Bullish divergence and the major resistance / support moving average is EMA 150, which is the equivalent of 21 EMA on the weekly.
We had a retest of 7120 with a 7140 peak overnight, followed by a strong decline to 38.2 fibo from 24 July, which also is 23.6 fibo from the beginning of leg C, that looks like a good point to start a new and last wave 5 to finally finish the ABC started at 14 August. The short squeeze we had a few days ago while BTCUSDSHORTS was at ATH, as expected it helped to...
Hello, fellow crypto enthusiasts! First, I really appreciate you taking the time to check out my charts and analysis. So BTC has once again re-tested the 2018 low and once again it has held. The important question here is how long can this lower support level hold up? It is very possible we may find out the answer to that question very soon. On July 31st I...