After analyzing the chart more calmly, I decided to discard the previous fall analysis at 3,330, but note that the BTC actually fell after my analysis at 3.441 next to what I posted, missing $ 110.
Now the picture has changed and the reversal has begun, I have analyzed again and I can see that we are out of the low.
We are now on track to hit the 9k until July,...
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...
An ascending wedge, which is a bearish pattern, began forming on December 15, 2018 and is going to break out at the latest on January 8, 2019. Expect an increase in volume in the coming days. Whether it's to the upside or downside no one really knows.
BE CAREFUL.
I've been hearing and seeing many people expecting the prices to go back to $3,000~ and even as low...
This is our primary count for BTC at the moment but it can be easily invalidated if the pennant breaks up. The RR is very good for shorting right now because the invalidation is just above the C pivot , where you can switch from short to long. Or you can keep it simple and just trade the breakout.
On the daily TF the 50 Day MA is showing resistance.
Sorry, I've been a bit less active recently, I had a wedding to attend and have been out of the country celebrating New Years. I hope everyone has had an incredible holiday and cheers to crypto in 2019!
Right now Bitcoin is making a major decision. After breaking out of a recent falling wedge and scoring a nice pump, Bitcoin once again faces the major $4,000...
In the next few hours we should follow the Bitcoin going to $ 4300 due to a Shoulder Head Shoulder on the 15 minute chart.
Take this as a study and make a donation below in my Bitcoin portfolio :)
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Bitcoin begins the correction phase today, falling in the coming days at $ 3700, $ 3500 and breaking this support there at $ 3200.
Since we are in a bearish reversion scenario, it may not fall as much and stand at $ 3700 or even $ 3800.
We have a shooting star on the 1H chart, already pointing to the fall.
Have this as a study analysis, at no time recommend...
4HR chart of BTCUSD . Temporary short position target reached @ 3140 and we have a Bullish Gartley Butterfly Harmonic pattern playing out beautifully. Looking for a bounce from $3,115-140 level to test $3,277. Will be looking for a short re-entry around the $3300 level. If the 4HR candle close is above the 3277 level within this 4HR candle expect a minor relief...
Targets for Bitcoin to sub $3k levels, but I am taking profit at $3k considering their is a relevant key level of significance right under the $3k levels.
You could also take out profits in levels using each of the baby blue lines.
Machine is shorting since 3360, we can exit on a good place now and prepare to short. Could be cancelled/backpainted? yes, buts important we have a plan...
this is an interesting setup... 1:1 betting on the lower side. Entry 3400, SL 3465 TP 3335
BTC is currently trading with a descending channel that appears to be forming into a falling wedge .
I will be looking to enter within the green accumulation zones on my chart with close stop losses indicated with the red lines.
Stopping out so close to our entries allows us to re-buy lower essentially reducing risk and maximizing reward.
You can see the two...
wedged bear, usually has breakouts to oposed direction. The breakout stoped at the top of our speculated lower trading range.
~65% chance going to 3800 again and 35% chance going to 4100
In my view it was a very standard correction in a bear trend. the biggest concern here is that some algorithms spect a measured move down to 3543 and that would break the last...
We are witnessing a delicate moment in Bitcoin
We are in a double top at the time about to break support
if breaking the support of $ 3600 Bitcoin will fall to $ 2800
Now if you react and do not break the support may reach $ 4400 before a new fall
Make a donation in BTC in my portfolio below:
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![BTCUSD: BLOX CALLS TOPS [BITCOIN] Technical Analysis & Forecast](https://s3.tradingview.com/5/5Wq0xN8a_mid.png "BLOX CALLS TOPS [BITCOIN] Technical Analysis & Forecast")
