Hello Traders & Investors, here is my analysis for the bitcoin , let me know in the comment section below if you have any questions Leave a like to support the idea and follow us for more free signals analysis #bitcoinusa #cryptocurrencies #binary #bitcoinminning #forexlifestyle #investing #binaryoptions #bitcoincash #crypto #cryptotrading
Those who follow me for quite a long time here on Tradingview and in the past on Reddit, know that I very often utilize fractal dynamic on my technical analysis. The most recent one on the 1D time-frame has been the following, which we can claim that it 'played out' quite effectively: I am bringing to you something different today, this time a longer one on...
BTC is close to the trend-line that started on the (hard body) candle of the March 2020 COVID crash bottom. Last time it got tested (July 20 2021) it held and initiated the strong rally of August. If we are in an accumulation phase much like May - July 2020 or September 2020, then as long as the 1D MA100 (green trend-line) is holding, Bitcoin should rise soon. If...
The daily chart shows that after setting an all-time high of $2.900 in May, the MATIC price entered a bear market. By July, Polygon was 78% lower and beneath the 200 DMA at $0.657. However, crucially, MATIC finished the day at $0.689, triggering the second bull market of 2021. Within two months Polygon was 190% higher, topping out at $1.875 on the 5th of...
How To Play The Chart Entries/Exits: Buy at green support entry, if it breaks by -35 pips (count it out) then enter a sell and ride to TP1, 2 and 3. Trail stop at each TP which means place your stop loss in profit but with enough room to be able to continue the sell if it continues. Same thing at resistance, sell but if broken by 35 pips then enter the buy and...
Bitcoin is on the back foot again, suffering significant losses following the new round of China bans on crypto trading. Although the market has faced (successfully) this threat before (even recently) and is not something unfamiliar, traders need to consider mostly the psychological effect this may have to weak hands. Technically though there are two clear...
It is Q4. Q4 momentum is the year end momentum. After Bitcoin did the 2nd ATL, we all already know that this Q4 and next year will not the the favour for Bitcoin. We still losing momentum from the China mining market although Europe and US country has already toped up their hashrate to cover the temporary process decline. But it is not enough. We all know that...
Who said history doesn't repeat itself and fractals are not something to count on in trading? My most recent Bitcoin Fractal Analysis on the similarities of the August rebound to that of March-April has played out almost perfectly: If the (j) leg has been completed, we have a new very important development emerging on the 1W time-frame this time. The price...
Hello, Welcome to this update-analysis about Bitcoin and the 4-hour timeframe perspectives. Since the origin-analysis Bitcoin moved on with the mentioned scenario 2 and rightly pulled back from the resistance-cluster to continue with the further bearish alignments as expected, if you did not see this analysis already I highly recommend it to watch to have a...
Here is my idea for this pair. My entry for swing on the demand area. Let's find the opportunity, manage your leverage and good luck.
As mentioned in my previous analysis that Bitcoin's momentum is weakening and expected Bitcoin dropped. You can read my previous analysis under related ideas. Going by chart, Bitcoin has completed wave A & B of ABC wave and now heading towards point C. At around 35349 - 39052 falls two fib channels. First channel is from point A to B, where Bitcoin can...
Ahead of the Fed meeting on Wednesday, where the central bank will decide upon its interest rate and give hints on future policy, I thought it might be a good time to look how Bitcoin (orange trend-line) has traded against two major economic assets of the macro sphere, the U.S. Dollar Index (DXY), illustrated in green and the U.S. 10 year bond yield (US10Y),...
The next 61 days will be a critical time for Bitcoin it will either be the restart of the bull market or the start of the bear market. This TA is a zoomed in version of my previous chart that I will link below. It all comes down to the next 61 days , we have a log growth as support and the 2/1 Gann ratio if both of these are broken things could get ugly quick ,...
Hello, Welcome to this analysis about Bitcoin and the 4-hour timeframe perspectives. Great to see our short-position we entered in Bitcoin at 47300 USD moved into worthwhile profit-zones as the bearish price-action for Bitcoin increased recently, we also secured our profits in Ethereum and XRP and now it seems like there is further bearish potential given as...
Hello, Welcome to this analysis about Bitcoin and its 4-hour timeframe perspectives. Bitcoin in recent times as expected managed to complete this local ascending-triangle and bounce above the first local support I mentioned in the former analysis. Nevertheless, we see increasing regulatory pressure on Bitcoin in recent days as Crypto exchanges close in...
Perhaps the most important technical development of this week was that BTC managed to hold the 42800 Support. That is a critical level because, as shown on the chart, it is a Support (that held on August 09, September 07 and September 13), which previously was a Resistance (May 20, June 15, August 01) during the May/ June/ July accumulation phase. Together with...
Hello Traders & Investors, here is my analysis for the bitcoin , let me know in the comment section below if you have any questions Leave a like to support the idea and follow us for more free signals analysis #bitcoinusa #cryptocurrencies #binary #bitcoinminning #forexlifestyle #investing #binaryoptions #bitcoincash #crypto #cryptotrading
The daily chart highlights two clear trend lines. The longer-term downtrend is currently visible at $13.50 and is the first line of resistance. Successful clearance of this trend would constitute a bullish breakout and potentially target the may high of $22.52, around 75% above the last price. The second trend line sits below the market at $9.93.As long as the...