We have been looking at this bullish count for several weeks now. The down move from around 31k seems to be corrective in nature therefore it could be a complex correction within a wave {ii}.
Looking for support to be found within the 28-30k area or else the count will be compromised.
Feel free to ask any question, trade safe!
# Bitcoin Trend analysis on Weekly Time frame
If BTC does not recover from current levels then we can see 12700 Level
If BTC start recovering then we can see 50000
Bitcoin has some support near 40000 to 40500.
This support area is good for bounce back.
Closing below 40000 will attract fresh selling and we can see 39600 level neat future.
This selling will be result if H&S pattern breakdown.
On the flip side a bounce is on the card.
If get any bullish candle near current zone buy and use the low of candle as a stop...
Gamblers Paradise here again with another important Bitcoin Technical Analysis update for you cryptocurrency traders!
BOYY is it a goodie today too. This day has been a long 4 weeks coming.
Over the past 4 weeks we have been watching the three main timeframes -- the Daily, 4H and 1H timeframes.
The 1 Hour timeframe below is the most prominent in the pattern...
The idea is to break 200MA follows by golden cross 1-2 weeks after that.
Bitcoin now in attempt to break 200MA.
1. In May 2020, bitcoin breaking 200MA, it follows by golden cross after 12 days, bitcoin went up 600%.
2. On April 2019, Bitcoin cross 200MA, follows by golden cross after 23days, bitcoin went up 190%.
In short, to make bitcoin more bullish...
Hi guys,
so my previous idea that we had a falling wedge with higher probability that we would make a push back upwards towards 7.8k range worked out pretty well
I was short term bullish, and I was watching and waiting for that tick upwards.. but I think the end is very near and we are heading towards a big crash down
in the very near future, maybe in the...
Below was the last prediction done in the previous article
Next predictions : Bitcoin might now try to breach the 5900 in the next ten days and might again fall back to 5400 before moving ahead. It might take another cycle before BTC price tries to breach the crucial 6400 path. Link to the Analysis
Now the line that was drawn on 29th April where the...
Hello TradingView Community, here you can see my XRP analysis. We have a lot of LONG positions at the GREEN areas. We will go LONG with a tiny Leverage ( 5 or 10 )
So there is a BIG Support directly in the BIG yellow Ellips. So enter your LONG Orders and make some money.
Your mikl_owl
Bitcoin shorts on bitfinex are approaching their all time high, what does this mean for the price of btc??? I think we are going to have yet another short purge. I expect a big green dildo to 6,620 at least. Not your normal fractal, but trading against human phycology is an indicator on its own. Like do the opposite of what cnbc says do lol. If you follow the...
