Bitcoin price is likely to deep ,forming an ending diagonal btc is likely to deep and by wycoff distribution every thing is also bearish
There are two elements in the market : "retail money" and "big money". The former buys longs based on rumors and news around ETFs. The latter, based on the same news, receive increased trading volumes at the expense of retailers and dump their positions to them, rather unnoticed. For ourselves, we assume that in the next 3 months, the price of BTC may move in a...
BITSTAMP:BTCUSD Bitcoin is continuously making higher high but with bearish div. It will fall from here. Take trade accordingly. DO not get in FOMO.
Bitcoin is on the very healthy bullish technicals on the 1D timeframe (RSI = 60.823, MACD = 1089.300, ADX = 23.103) extending a controlled uptrend. The 1W timeframe remains overbought though (RSI = 74.426) as there has been no hard correction since mid August. Perhaps the relief in late weeks is an attempt of 1D to neutralize the overbought state on 1W without a...
Hello everyone! Bitcoin is forming a rising wedge on all time frames, with a potential target around $33,000. If the price breaks and holds above the upper resistance line, then the idea becomes invalid.
Bitcoin Hit Our target from yesterday to the teeth.it could come back up to grap the late shorters and higher liquidity or it could go low.untill losing 36K there will be possibility of an short squeez again. Thanks for watching and take care
BTC probably will range till end of December before any significant correction. I would say the range could be from 38K to 44K $. At the moment is has all SMAs and EMAs in order to keep moving very bullish.
The latest news is that BTC is currently hovering around an impressive $36,000 mark! This is a momentous milestone that demands our attention and calls for action. Why am I so thrilled about this? Well, let me break it down for you. As seasoned traders, we understand the importance of technical indicators and trends. And right now, BTC is showing us some...
There are some small chance that MM has finished to squeeze longs. I am taking a risk here but ideas look decent
BTCUSD reach double top resistance at $38,046. If this resistance cannot break up, we have classic support at $35,972 to hold correction . this classic support also same level as fibonacci 0.618 support around channel up support.
Will it be a 3-wave move downwards or will we impulsively go down? Time will tell! The 3-wave move (ABC) => The 38,000 top will likely be broken in a relatively short period of time. The impulsive move (12345) => The 38,000 top will continue to act as a top for a longer duration.
Overview: Bitcoin has recently displayed a compelling technical pattern, forming a triangle with a notable high at $37,978 and a corresponding low at $35,784. The chart indicates a period of consolidation, setting the stage for a potential breakout on November 12. This impending move is further accentuated by a strong resistance level at $39,968, making it a key...
Bitcoin still has liquidity to the both side to take, we could see another sweep to both upside and downside. with this much liquidity we might continue our consolidation untill a decrease in liquidity happens to make a major move. Thanks for watching
Few are looking into what has perhaps given historically the most accurate results on Bitcoin, the 1M timeframe. Technically, it has just gottern out of neutrality and turned bullish (RSI = 56.333, MACD = 1504.800, ADX = 27.300) suggesting that the market is past the dangers of the previous Bear Market and has already started the Bull Market. The current rally is...
Today's focus: Bitcoin Pattern – Ascending Triangle Pattern Support – 33,780 Resistance – 34,717 - 35,480 Hi, and thanks for checking out today's update. Today, we are looking at the Bitcoin on the daily chart. Today's focus mainly focuses on the ascending triangle pattern we are seeing in the current up-leg. Could this set up a new breakout that retests the...
BTCUSD has turned overbought on its 1W technical outlook (RSI = 70.463, MACD = 1620.000, ADX = 29.717) as it made a new annual High. This is not the only technical benchmark it achieved as it formed a Bullish Cross on the 1W MACD and crossed over the formed support that turned into resistance emphatically. We see the same repetitive pattern on both prior Cycles....
Bitcoin (BTC) *In this analysis I used the Binance Perpetual Future Chart In Forecast data at the 1 hour TF closing at 10.00 WIB Price BTC closed in a Strong Bullish condition. I assume BTC still has the potential to retest the $42,000 range with an increase of around 20-23%. This reflects the positive sentiment in the media and also fear and greed market data,...