$50K incoming again for the weekend 🚀, if we can break resistance and hold above $51k flipping it into support we can expect a bullish run towards $57k resistance. The next few months are critical for BTC as bullish momentum could see the 127.20 fib target at $74k. Please see previous analysis below :) Happy Trading! Bitcoin Update 21/08/21: Road to $74k is...
The recent break-out has turned Bitcoin’s sentiment bullish again, at least on the short-term, but what about the long-term? On this analysis I am looking at the long-term price action, particularly since the benchmark of our times, the COVID market crash. In doing so, I have applied the Fibonacci extension levels (log scale on the chart). ** Fibonacci levels...
everyone buying for profit. but not everyone achieves. because they are blindfolded. beware of something we really don't want to see. good day.
So BTC managed to turn the scene completely around since the May-July bleeding and has completed 5 straight green weekly (1W) candles. As you see on the chart, such bullish streak is mostly associated with aggressive runs during Bitcoin's parabolic phases of Bull Cycles. Since the December 2018 Bear Cycle Bottom we've had four (4) streaks of 5 or more straight...
Now that Bitcoin closed above one key Resistance, the 1D MA200 (yellow trend-line on this chart), as pointed out on a recent analysis, there is a distinct short-term pattern that has emerged. The initial Channel Up (shown in blue) has turned into a Rising Wedge, which is being supported by the 4H MA50 (blue trend-line). What interesting is that yesterday marked...
Three paths which decide the future of Bitcoin . Path to 150k In order to hit 150k by the end of year Bitcoin will need to break the 8/1 Gann ratio soon , everyday that passes under that ratio increases the probability that we will get a cycle peak mid 2022. We have a set of Fibonacci time zone dates (White lines) soon we will be coming up to the first date and...
The Bitcoin Bulls are Back! After setting a new ATH @ $64,841 in April, Bitcoin experienced its the first major sell (some may say manipulated) off in this Bull Run Cycle (-50% from the top). We have been closely watching the BTC chart for a strong trend reversal signal. From the ATH @ $64,841, Bitcoin formed a triple bottom in the $28-30k region, the last bottom...
Bitcoin price pulled back a bit during the Thursday session, which is not a huge surprise, because the market went higher for several days in a row, then stopped for a bit. But after we've pulled back towards the $44,000 level, it makes sense for us to have some negativity, or at least a bit of profit taking. Now that we're starting to see that, the market is...
I have posted this chart a while ago but with Bitcoin breaking and closing the day above the 1D MA200 yesterday, it may be now more relevant than ever. So as you see I've classified the historic price action into 3 Cycles: * Cycle 1 starts on the All Time High (ATH) at the time on Fib 1.0, bottoms on Fib 0.0, makes the 1st post ATH High on the 1.618 Fib and...
Not that long ago, on July 21, when Bitcoin hit its two month Support Zone of 29000 - 30100 and Triple Bottomed, I posted the following analysis indicating that the Target was the 1D MA200 (orange trend-line): Well today the price finally reached that level after 72 days (first time since May 26), and what we have so far is a rejection. As long as it doesn't...
Bitcoin did not go far after a false breakdown of the upper border of the range and the price returns to retest the resistance level . If the instrument breaks through the level and consolidates higher, then it will continue to grow. I am waiting for a breakout with consolidation and growth to the resistance of 44000 ——————— ❗️8 / 8 last BTCUSD ideas come TRUE...
This is a simple study based on the LMACD indicator. This reading has been quite successful for Bitcoin on the short-term time-frames but can be equally useful on the longer ones. For this analysis in particular I am using it on the 1W time-frame where a Bullish Cross is emerging this month. As you see this formation doesn't come very often for BTC on 1W. Ever...
Welcome back Traders, Investors, and Community! ARKOUSDT on H4 has broken above a significant Resistance ⬆️Buy now or Buy at 0.022905 ⭕️SL @ 0.020521 ✅TP1 @ 0.027854 ✅TP2 @ 0.033702 ✅TP3 @ 0.040282 Check the Links in Description and If you LIKE this analysis, Please support our page and Ideas by hitting the LIKE 👍 button. ❤️ Your Support is really...
What do the above candle closings on the weekly and monthly time-frames tell us? In my opinion quite a lot of information. The weekly (1W) closing came after holding the 1W MA50 which has been the Support for over 1 year now (since late April 2020) after Bitcoin recovered from the COVID March 2020 flash-crash. The fact that the 1W MA50 held and kickstarted a 2...
Welcome back Traders, Investors, and Community! Hi Traders, WAVESUSDT on h1 after the rejection and forming a Hammer it’s expected to go up ⬆️Buy now or Buy at 15.525 ⭕️SL @ 15.181 ✅TP @ 16.871 We will have more FREE forecasts in TradingView soon ❤️ Your Support is really appreciated!❤️ Have a Profitable Day
Folks, BULLS AND BEARS in deep war.. Bulls will survive but the question is where and which line? Happy to see momentum turning quite and volume is drying out when moving downwards + high wave candles.. Means bears are getting exhausted and we must be alert for a trend change.. or consolidation sideways. Fasten your seatbelts.. follow for more updates and...
Welcome back Traders, Investors, and Community! Hi Traders, ASTBTC on D TF is at a strong Support zone. It’s expected to go higher ⬆️Buy now or Buy at 0.00000315 ⭕️SL @ 0.00000185 ✅TP1 @ 0.00000550 ✅TP2 @ 0.00000755 ✅TP3 @ 0.00001280 We will have more FREE forecasts in TradingView soon ❤️ Your Support is really appreciated!❤️ Have a Profitable Day
Welcome back Traders, Investors, and Community! Hi Traders, MDTBTC on D TF at a very strong Support zone has formed several green candles. It can go higher ⬆️Buy now or Buy at 0.00000062 ⭕️SL @ 0.00000049 ✅TP1 @ 0.00000080 ✅TP2 @ 0.00000100 ✅TP3 @ 0.00000135 We will have more FREE forecasts in TradingView soon ❤️ Your Support is really appreciated!❤️ Have a...