Hi, Bitcoin is absorbing lots of attention now, and every discussion is full of fear. Every TA we've published about bitcoin finally came true. Right now, although many uncertainties are in TA and the chart of bitcoin, the temporary conclusion of our strategy indicates a sustainable side-upward movement. Steady towards the last ATH (however not that powerful to...
I had to update the head to a bit lower cause of this fall adjustment. but its fitting perfectly as per the pull back which is within this BULL channel. We are still in Bullish Channel.
As you can see, in the weekly time frame we have an ascending wedge and this is not good at all. Divergence is also evident Basically, a rising wedge indicates a falling market.
Hello, everyone! I told you in the previous analysis that you should not panic if you see this dump to $54000 – $57000. Moreover, I spotted the target price and time for corrective Wave 4 end. See the articles in the links below to make it clear. If you look at the chart, now the price is inside the target zone. The global Wave 4 is introduced as the incorrect...
Bitcoin - Intraday - We look to Buy at 55704 (stop at 54788) The medium term bias remains bullish. Dips continue to attract buyers. We look to buy dips. 55640 has been pivotal. We look for a temporary move lower. Bespoke support is located at 55000. A bullish reverse Head and Shoulders is forming. Our profit targets will be 58244 and 59144 Resistance:...
Bitcoin - Intraday - We look to Sell at 58596 (stop at 59532) Daily signals are mildly bearish. Our short term bias remains negative. Trend line resistance is located at 58800. 50 4hour EMA is at 58600. Our profit targets will be 56026 and 55126 Resistance: 57000 / 58500 / 59000 Support: 56000 / 55000 / 54000
Bitcoin - Intraday - We look to Buy at 56866 (stop at 55988) Daily signals are mildly bullish. Trend line resistance is located at 58000. Bespoke support is located at 57000. We look to buy dips. We look for gains to be extended today. Our profit targets will be 59387 and 60287 Resistance: 58000 / 59500 / 60000 Support: 57000 / 56000 / 55600 ...
Update Bitcoin Just my personal calculation, please re-accumulate
Bitcoin - Intraday - We look to Buy a break of 59019 (stop at 57996) Trend line resistance is located at 58400. A break of resistance at 59000 should lead to a more aggressive move higher towards 60000. A break of yesterdays high would confirm bullish momentum. Daily signals are mildly bullish. Our profit targets will be 61878 and 62778 Resistance: 59000...
Yesterday I was wondering if Bitcoin has resumed its bull trend and so for, from my point of view, things are not clear. The rally started at 53k stopped in 59k resistance zone and now Bitcoin is in a pullback. If this is a correction for 53k-59k rally remains to be seen, but as long as the price is under the recent low we can't call for a resumption to the...
it's a bull trend? what do you think? Is this falling wedge going to happend?
falling wedge formation is on the verge of work The continuation of the rising trend may show us that the bull is not over at this point.
The Altcoins vs Bitcoin have been growing since early this year. As we saw recently, money leaving Bitcoin is now flowing to the Altcoins. Just as money flows from Bitcoin to Altcoins, When the time comes for the Altcoins correction, Bitcoin will rebound very strong. Things will reverse: After strong growth the Altcoins will have a strong correction as a group...
Small quick update without any indicators. - TheKing stays for now on his recovering trend. - Bounced multiple times on that trend to reach 161.8% Fibo around 50,000$. - i separated Bearish and Bullish zones in 2 parts ( Green and Red ). - if BTC breaks down under 47,000$ we could starts some bearish movements, but for now nothing confirmed as it bounced on...
Bitcoin has been forming a nice uptrend since mid-July and and is making higher highs and higher lows. Don’t be intimidated by that correction. This is healthy for further growth. In my opinion Bitcoin could go as low as 50k and then continues to grow. But let's see if this plays out.
Hello. I'm doing another Bitcoin analysis, complementing the first one (or correcting if that's the case). Now I'm trying to be more simplistic and objective, considering the most recent scenario, and discarding some indicators that say the same thing. 1. Graphical analysis High Channel The price is testing the support line. Now might be a good time to...
1,4 hrs chart we have a 24 hrs fight taking place King wants to rest a bit for the next Moon Shot... Happy Trading... Rumor Has it, although Simple Price Action & Strength Index has some short term plans but Bulls are planning something big, no time to wait!!!
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, which is the case for Bitcoin right now. 59100 is the new resistance and we also have a strong support now at 54300. I think the price will bounce in this area for the next...