If you are looking for a long-term investment, this could be the only chart you need. THis is the idea for your spot account. Buy fear, sell greed. Remember, this is not financial advice.
As per my latest analysis bitcoin rejected the resistance at 23500 and now is trading at 22500. In lower time frames it made a clear inverted cup and handle pattern which is confirmed by breaking down the main support at 22700. For now I expect the price to see lower support levels at 22K, 21.5K and 20.8K as the projection of the inverted cup and handle pattern.
The current price action looks very similar to the last 4 fake breakouts. Let's see how it goes
Hi, in addition to what we've published earlier for bitcoin, there's a possibility of a great upward movement. so if you keep in mind the setup in our previous published idea, you can open a long position with rr more than 5 and gain profit (if it really hits the target) Write your comments and ask your questions in comment section below
Hi, in the current area, (yellow box), any sudden drop that leads the price down to the buttom of the yellow box (that might be with a bearish hammer candle for instance), can trigger the weakness of daily time frame to lead the price down to lower deeper targets (somewhat unpredictable). so plan to risk free your positions with stops on the specified line. but,...
Since BTC is not an asset or any reliable currency there is nothing I can be sure of. But, with simple Elliott waves and Fibonacci numbers, we can see that 13K and 17K are the best prices for buying BTC. (BTCUSDT chart is saturated in the daily time frame as you see in the published chart) The problem is how long you should hold your new BTC. Now, let's think with...
What a Day on Markets, $BTC breaks With momentum. Next Target is $26K.
An idea regarding bullish continuation with a pullback reaction form a bat harmonic pattern.
Bitcoin is now in correction. After breakout and low time-frame correction, it continue movement to $29000. Wait for breakout and take long position in LTC.
Idea on bitcoin 4 hourly! Just be patient with long entries and some kind of confirmation on higher time frames! If you like the idea. Like and follow for more!
bitcoin/usdt idea on bybit. if you like the idea, give a thumbs up and follow for more.
Happy Saturday Traders, Investors & Gamblers 😃 After hitting our price targets we are waitig for a sign from Bitcoin to see in which direction we can expect the price action to go. This is a quick update on the 4h chart looking at different confirmation levels: - Horizontal: The Green Box is our key resistance which we want to close 4h candles above in...
Happy Sunday Traders, Investors & Gamblers 😃 In the next 24h we should have a decision weather we are going to continue to the upside of the ascending channel, or break down from the bear flag that is visible when we zoom out. (See Below) Bear Flag: I would like to add that this is only for educational purpose and in no way a guarantee that it will play...
Good Morning Traders, Investors & Gamblers 😃 This is a follow up for my post from June 30th. BTC has now reached a critical spot where it needs to close abive the Red line right around 20.270 . That line represents the neckline from where we broke down and lost the 20k region . Now it's our first target to regain that region in order to set up for another...
Good Morning Traders, Investors & Gamblers 😃 We have now foud the top of the ascending channel which I first posted at the end of June, at the top of the channel we found very strong resistance coming from the range highs and other indicators which I wrote about below. For confirmation for further upside we want to see Bitcoin confirm with a 4 h candle close...
this is a short term play that a creator in my community pointed out to me, personally i believe we will have a slow bleed or a straight capitulation, i’m not expecting a drop in clear waves but just wanted to put this out there.
to be clear, THIS IS NOT A BTC.D PREDICTION, this is just explaining btc.d and will be linked to one of my previous posts, whose description uses btc.d as evidence for times provided, see linked post
this is my secondary price path that I think could play out. I see an inverse head and shoulders which would lead to a nice pump if it plays out, however, my overall bias is hitting 16k or at least back to 18k-17k, so im guessing we see a pump and then the final drop to solidify the bottom or we just consolidate until we drop.