is Bitcoin back? potentially. zooming out we can see that there is a confluence of the 21 monthly moving average, as well as a key monthly s/r level at 31500. with the full force of the blackrock news + all following bullish announcements from, citadel, fidelity, the fed etc i think theres a high chance we break through the 31500 level. before we the...
Had I made the lines and ideas more DRAMATIC i think they would have gotten more/some attention and likes etc. However, since I kept it really simple for you and made the most sense of your week and cut out the UNNEEDED DRAMA AND STRESS. CT isn't big on that kind of thing and loves to fuel the emptions etc. So this didnt get near as much respect as it should...
BTCUSD is cruising on the 1W time frame as its technicals stabilized on steady bullish action (RSI = 61.246, MACD = 1832.600, ADX = 31.118) and looks ready for the next price push to 40,000. Based on the Wyckoff methodology, the current Re-accumulation phase could be as prolonged as the Accumulation of July 2022 - February 2023. The Buy Accumulation phases of 2021...
Bitcoin is showing an inverted Adam and Eve pattern on the daily timeframe. This pattern is a reversal pattern If the price of the asset breaks below the neckline, it could signal a down movement. The target for the down movement is usually equal to the height of the Adam leg, measured from the neckline.
Bitcoin on the Day has a Possible M possible bullish wedge. we are in Mojor decision point in my opinion as it will choice our next possible month price action trend direction.
Analysis of BTC/USDT for Long Move with Fluctuations: In the current market conditions, BTC/USDT is showing signs of a bull market, indicating a potential upward trend. Traders may consider opening long positions to take advantage of this positive momentum. When analyzing the price action, it's important to identify key support and resistance levels. Support...
We predicted that Bitcoin would lead the way! Bitcoin experienced a significant upward breakout with substantial trading volume, reaching levels not seen since mid-March. This leads me to believe that Altcoins will soon follow suit. As Bitcoin gains momentum, the entire market tends to experience growth. However, it's important to note that when Bitcoin...
Buying here sl 24k tp till 31k Bears are tired check out my previous links for my analysis If you have any pairs you want me to Analyze let me know in the comment section
BTCUSD is on neutral technicals on the 1D timeframe (RSI = 52.076, MACD = -177.600, ADX = 37.429) as it remaing inside the two month Channel Down but hit its top today, as well as the 1D MA50 for the first time since May 29th. If it closes the 1D candle over it (hasn't done so since May 6th), we will buy the breakout and target R1 (TP = 32,400), which is a 12...
BITCOIN is building up some bullish moves let us see if the sequence will play out. According to the Elliot wave rules if you find an impulse with the complete waves of 1 to 5 then the next move to be expected should be a corrective wave of any patterns, but the pattern showing now is zigzag. Smart traders should patiently wait for the breakout before joining the...
BTCUSD has been on consolidation for a while now. I assume it is accumulating positions for a distribution that will occur on the near future. I expect it to take out the EQH before it goes on a bearish move which will take out the 50% level.
As we can see, BTC has broken the structure to the downside, thus singling weakness in its price action. In this way, and using fibonacci levels (which perfectly correspond to previous support/resistance zones), this is what I expect from BTC in the coming days. Please comment what do you think. Trade Safe.
Bitcoin is forming a possible bullish flag on the daily chart. MACD and RSI are neutral(a little bit in the negative area). Which means we have more room to the upside if a break of resistance comes. Look out for support and resistance levels. Currently 1.618 fibonacci support is keeping the price from coming down. Weekly MACD is negative and RSI is neutral. Keep...
BTCUSD is technically on red indicators on the 1D time frame (RSI = 41.679, MACD = -426.400, ADX = 31.022) as it is inside a Channel Down pattern since April 14th and under the 1D MA50 since May 7th, but is near the HL trend line that is supporting throughout 2023. There are high chances of holding this trend line so our strategy involves placing the first buy...
Hello 🐋 based on the chart, the price again become close to the channel support and this time there is possibility for breakout of the parallel channel to the downside, and we can see 23k and 25k prices 📖💡 and brief amount of gain and green candlestick is logical for future correction (suppose it as a stop loss hunting) 📖💡 and we need even more correction to the...
in this video i have explained about bitcoin patterns we can see the bull flag and the decending also market vol is very low here
Bitcoin is still in the uptrend channel, the next expected safe target is 29500 and still the expected targets based on the volume indicator are 33000 and 36000
The red path can see the targets of $7,156 to $5,564 if the curve breaks from the bottom. But if the lower curve is not broken, it can see the targets of $74,160 to $88,260, which is also the ceiling of the upper curve. In the time of 1 month, we have reached close to oversaturation, which means that we have the possibility of a short correction, but in the time...