Hello everyone, hope you guys had a great Easter Holiday. Same as in Q1, I decided to share with you What I Think is the Most likely going to happen with price in Q2 , purely based on current micro¯o economic conditions and indicators, plus what are charts presenting right now. Before I get to the business, I would like to reflect on my Q1 outlook, mostly...
Every thing is good after the monthly close yesterday. We are in accumulation for while before continuing to the goal of inverted head and shoulders pattern around 74900-75000 Have a good day.
Bitcoin is 238 days into green Gaussian Channel territory and highly overbought on the 1W technical outlook (RSI = 81.515, MACD = 8672.400, ADX = 68.211). What would be bad news to buy for any other asset, is actually great for Bitcoin as historically it has seen its biggest gains while deeply overbought. As far as the Gaussian is concerned, every time it has been...
This daily chart has me packing up my things and getting ready to run for the hills! If we do break down from here and start to form some sort of Bat harmonic formation then I will be asking the age old question, "How low can we go?" See my previous post below, which I think may end up reinforcing this on the weekly chart. Could I be wrong? Of course, I...
''Here you can see Elliott wave counting on Bitcoin price... It can be true it the wave count of primary correction of 4th wave be correct and it Bitcoin be in the 5th wave of primary degree... If the wave count be wrong, I should say that Bitcoin is in the end of B correction or the first of C wave of primary degree and maybe we see Bitcoin falling down.......
BINANCE:BTCUSDT COINBASE:BTCUSD Hello dear traders. In the 2-hour timeframe, Bitcoin is trying to stabilize above the 2-hour and 4-hour middle Bollinger lines. The $69,500 level is an important resistance in front of Bitcoin, if Bitcoin fails to pass this resistance, a head-and-shoulders pattern scenario is likely. Otherwise, above the $69,000 level,...
If we look at 4 hour timeframe, Expanding channel up support able to hold bearish wave, and BTC already success break channel down. This is a good news for bullish, not only for BTC, but also for all alt coin. We have 74.055 previous high as target, with maximum target at fibonaci 1.414 at 82.285 If this channel up broken down, we have 59.800 as next fibonacci...
Bitcoin remains overbought on the 1W timeframe (RSI = 81.582, MACD = 8133.500, ADX = 73.810) despite the recent pullback. On a Cycle basis, this has been nothing but a healthy correction, typical of Bitcoin when it crosses over its ATH. Being overbought on the 1W RSI has been a very bullish attribute during the parabolic rallies of the Bull Cycles and there is no...
📉Hi Traders, Investors and Speculators of Charts📈 BTC had recently formed a new ATH, and we're a few weeks away from the BTC halving. What I see is the potential for two scenarios playing out, both based on fractals ( bullish and bearish ). Both fractals will have certain conditions, and I will point them out in detail so we will know what to look for. From a...
🎁 Bitcoin is being bought out 🚀 Good news background makes buyers greedy. 🤖 Entry in the breakdown of the level of Rocket 65564 Entry into the trade on the model of level breakout 💲1st target 80000
$BTC:2D The above linear regression channel is illustrative of 2 standard deviations up and down off the linear mean. Price has again failed to breakout above the 2nd standard deviation line. Pearson’s R^2 is remains relatively strong at 0.87, indicating a high tendency for price to centralize around the linear mean (LM) price point of 38k. Bearish price to RSI...
Apologies for the multiple posts on the same topic readers. One of my followers kindly pointed out that we had already hit 64.8k and I realized that I had not proof-read my work before sending out. The title of the last post was supposed to say that Bitcoin was headed to 60k not 64.8k. I have corrected this where I can but unfortunately, am not able to correct...
Hi welcome to my analysis, If we look at 4 hours timeframe, bearish today only a correction wave, and BTC still inside expanding channel up. Right now we have fibonacci support zone at $66.519 to $64.735 to hold bearish , If this support broken down, we still have channel up support at $59.218 If this support able to hold bearish, My target at $75.055...
bitcoin in the way to grap liquidity ,so its good chance to enter
Owhooooo! This weekly chart has me howling for the moon! It seems like the Bullish Cypher is still playing out, and the giant Cup and Handle formation could be in play. If we do see a pullback, I think this would fit nicely into the overall continuation of the Bullish Cypher trend. So I'll be looking for this pullback to form the handle, and my own personal...
$Bitcoin perform a great bullish with Bullish pennant and Symmertical triangle pattern. If this pattern broken up, we have 2 target : $66365 as symmetrical triangle profit projection and $75508 as Bullish pennant profit projection If this pattern broken down, we have $57487 - $56029 as fibonacci support to hold bearish movement. Happy trading, Good luck
Everything is visible on chart Satoshi is same Jewish promisen survivor Yahadút
A bullish scenario for long-term view after a confirmed descending triangle breakout with a potential pullback entry position targeting ABC pattern at 100% - 161.8% Fib extension upper resistance of the mega bull flag. S1/S2: pullback descending triangle support / ema20w zone T1: 100% fib extension +50% T2: 161.8% +90% Indicator: RSI week - tapping into OB area...