Bitcoin seems to be forming a descending channel, and to complete this channel; it needs to complete its zigzag(ABC/5-3-5) correction. As a result, I expect microwave B of this zigzag correction to end on the middle line of the descending channel and Fibonacci levels, and then Bitcoin will start to rise to the PRZ(Price Reversal Zone). ❗️ Note ❗️: if Bitcoin...
Bitcoin - 24h expiry - We look to Sell at 25149 (stop at 25674) Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. Bespoke resistance is located at 25200. 25200 has been pivotal. Resistance could prove difficult to breakdown. We look for a temporary move higher. Preferred trade is to sell into rallies....
Bitcoin is facing heavy resistance which is coming from two sources: One is the horizontal resistance of 24 to 25k, and the other is the 200 weekly moving average. This means that there is confluence on the resistance side. Not only are we facing resistance, but this uptrend is already lasting for 53 days, making it likely its time for a correction. Why is this...
So, after a massive move upward at the start of the year, bagging us a very healthy 30%, we've had a little wobble with a losing Short trade and now we're looking at a potential Long up to the 30k mark. If you enjoyed or agree with this idea - drop us a comment, like & follow! 😀 Ideas by theCrypster meet the guidance notes and disclaimer as mentioned below and...
Hi, this is my new update for BTC. Right now we are fighting against 50 weeks, 200 weeks moving averages and at the same time a big resistance around 25300$. I expect once we break those levels we are going to test 28500 - 30000$ and we are going to fill the gap easy. Good news is that we have already backtested the down trendline beautifully and we are still...
- Don't rush to put your bull market pants on. I'm just as excited as the next guy to finally see some green candles after a full year of what felt like only red. But, BTCUSD has a lot to prove and one thing that is for certain is there lies a bumpy road ahead. - After the bear marker of '18, 2019 started off with a bang with a bull market lasting for 6...
- Tomorow will be the 365th day in this bearmarket. - From now there will not be much winners or losers because in this situation, there's fear and doubts in both sides. - A little resume of this yearly journey : - Luna Rekt - 3AC Rekt - Voyager Rekt - FTX Rekt - and much more smaller entities like Zipmex etc.. - Despite all FUDS, the situation...
Looking at the H4 chart, my overall bias for BTCUSD is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. Looking for a buy stop entry at 25270.00, where the recent high is to ride the bullish momentum. Stop loss will be at 23815.00, where the overlap support is. Take profit will be at 28686.37 where the overlap...
Our preferred scenario in Bitcoin remains the same. An increase in wave 5 could bring the price of BTC to $26,120. Price drop below 23608 cancels this scenario.
This is a continued post from The Desperate Push to 26k, the avoidance of the weekly death cross. Please review previous post before reading and boost/share for visibility. Simplifying the outlook, these are the only two things I am currently looking at. The Daily and Weekly, golden cross vs death cross. I'll take the shorter timeframe in this bout, so a golden...
there is a good possibility for BTC to see lower lvls. I believe we should expect a new low lower than last one to form a nice QM.
Hi Traders, Investors and Speculators of the Charts 📈📉 Bitcoin is about to retest an important support zone at $21800 . If BTC is unable to secure this support, the next support is only at $18400. A possibility exists to take a low leveraged long from the support, however this will be a high risk trade due to the nature of the cycle - it's unclear whether or...
The price of Bitcoin dropped to the level of canceling our upward forecast of $23,608. The fall has stopped, and as long as the price of BTC is above this mark, there is a possibility that the growth in wave 5 will continue and bring the price of BTC to $26120. If Bitcoin drops below $23608, our priority scenario will change.
BINANCE:BTCUSDT Could this be a local top for btc? is it time for BTC to head back down to test some key support lvls? Lets find out !! What do you guys think? BINANCE:BTCUSDT
Hello fellow traders! XAUUSD breaks a key level (50% fib level) Checklist: ✔Broke key level ✔RSI is in bears possession ✔SUPERTREND is in sellers' possession ✔FIB is passing 50% possibly going for the 23.6% fib (respecting the 161.80% fib rule) 13,550 Pip Analysis (Take a look at my recent XAUUSD Analysis for more info on the 161.80% fib retracement rule)
Hello, everyone! Of cource we caught yesterday's pump, but it was the local tarde. In the mid-term I have some evidences that next 3-4 months will be bearish. We will most likely see the new bottom. Let's take a look at the BINANCE:BTCUSDT chart below. I chose the 4D timeframe. It's not standard, but we need 100-140 bars to count waves according to Trading...
don't forget profit saving It can correct up to under 20
Bitcoin has broken the trend line on every time frame up to the Weekly. Need to stay north 22k through Monday to close the weekly above trend and buy time. Next task on the list is to avoid the weekly death cross. Hence the desperate push to 26k. There is a load of support at this level with both the 50 and 200 ma present. We've tested support on the trend line...