- Quick update and not a price prediction, just to give a general idea. - Timeframe is only H4 ( and i don't like too much small TF, lot of noise there) - Just to monitor the PA between 72k$ ish and 60k$ ish. - this PA could form a ranging consolidation to the next leg. - if BTC dip again, the next support is around 50k$ ish. - Keep things simples. - I don't...
- The next bitcoin halving is expected to occur in April 2024, when the number of blocks hits 740,000. It will see the block reward fall from 6.25 to 3.125 bitcoins. - this is a different view of using Bollinger Bands, when Bands are drastically falling, Bullrun is starting. - i took as timelines the older bullruns. ( 21 bars - 25 bars ) - Take it easy, logic...
Update to a prior idea: "Bitcoin Will Pump 100% Over Next Few Months" We are well on target for 114k+ in coming month/s. Got the 1D buy signal on the Machine Learning indicator with 93.7% back test accuracy. Not financial advice.
The benefits brought by CPI have caused it to rise sharply. Now it has reached resistance. Sell, tp 64520/63730
- Only we can look at past to try predict the future. - Nothing is certain but death and taxes. Happy Tr4Ding !
- The strategy is simple : --------------------------------------------- - Buy when TOP. - Sell when BOTTOM. 😂 --------------------------------------------- - Hope u got the Joke. --------------------------------------------- - Everything is in graph. - No matter how dip TheKing will go, don't be greedy. - When they speak Bitcoin is Dead. the bottom is near. -...
1. There is a beautiful channel in which BTC went back in. (the pinky red parallels). 2. There is soft stop at 65k and hard stop at 69k. 3. BTC will stay in the channel for a while. 4. Good buying options before it goes out of the channel. 5. Halving may push it upwards and break the channel. The last but not least: Anytime is good to buy BTC.
I expect the price soon will drop soon because the indictors and analysis say that CHEERSSSS
- Despite the avalanche of FUDs made by the SEC. - BTC still on his way. - Like i said before, we are still in bearmarket but in a kind of pivot to witch to bullmarket. - i spotted this inversed H&S few months already. - Now the time is to wait. - let's first see if this pattern is respected. - Concerning altcoins : - They dipped fast as BTC.Dominance reached...
- What you can see if you remove Bars and replace them by Lines ? - Congratulation, you just removed the noise in the chart. - Everything is in graph. - Covid19 Black Swan included. - Not a price prediction.🤷♂️. Happy Tr4Ding !
- Okay, so TheKing dipped around -20%. - For some peoples it could means panic and the end of cryptos. - For Veterans those kinds of "mini crash" are very commons. - We saw already harder moves in 2019 ( White Circle ) - Now those corrections are more large simply because BTC price is higher. - Actually the situation still looking much more better than 2019-20 (...
- Just a quick update. - Remember that Fibo is magic and never lie. - Check Bubbles and Fibo Numbers. - Everything is in graphic. - Not a price prediction but just a possible scenario. Happy Tr4Ding !
- i have to post this chart. - it seems some peoples didn't get what i posted in one of my older chart. - i will post this chart in comments. - Remember this is not a price prediction. - Everything is just about comparing the past and the present. - in 2018-2019 BTC was fluctuating in bearmarket with 4 Digits. - Now BTC is fluctuating in bearmarket with 5...
- After all this FUDS over time, right now it's literally impossible to calculate a potential real bottom. - Basically you can do TA all day but if Bad News (Fed) and FUDS (Cryptos) are constantly incoming on Twitter and Google everyday, nothing will work. - Some news are real like FTX Rekt but some influencers use more fake news to create panic, they want buy BTC...
- Everything is in Chart. - Actually TheKing entered a a correction phase. - We climbed for 4 Months Straight. - This kind of retracements are just normal. - if TheKing still bullish the maximum correction will hit -38.2% Fibo (around 25k$). - if Theking get hurts by a bad news (FA), the correction could bring the price around -61.8% FIbo (around 21.5k$). - The...
- Just to know if Bubbles are still working. Happy Tr4Ding !
- One simple old trick to know when we are bullish or bearish. - Use Ichimoku Kinko Hyo 1W-TF. - Only use senkun span (SSA). - Wait for BTC trend cross the Span. - Jump in/Jump out. - Always follow the river while trading. - Don't waste your energy trying to counter Naturals movements. Happy Tr4Ding !
Support & Resistance : - When the two prices meet, consolidation between support and resistance. - Called support and resistance reversal happens. - A key concept of technical analysis is that when a resistance or support level is broken, its role is reversed. - If the price falls below a support level, that level will become resistance. If the price rises...