#Bitcoin : Yet another precise chart, pointing to $42,800, and are we headed lower? Unlikely, though not impossible. The dips are consistently being bought, showcasing resilience in the market. The Bulls remain steadfast, refusing to surrender. Bitcoin appears to be crafting a bull flag as we speak. Caution is advised against adopting a bearish stance at this...
This is the third post in the series of posts where I am looking at possible direction of BTC and price targets. Links to previous posts are in description. In this post we will look at DXY and use its price action to guess where BTC is headed in future. The chart you see in the post shows a wave count based on Elliott Wave analysis. The most recent count...
Bitcoin touched 27.2 again it.We gonna see a pull back to 28.7 as there could be a supply zone and there is a FVG gap there. Once that is touched we could come back down or hold it for tomorrow CPI The trading volume was $15,913,866,714, lower than the previous day’s volume of $17,936,566,5181, indicating a lack of momentum and interest from traders. Plase...
Slowing down, the sellers stop selling, the volume also and previous friday low not yet Clear, looks like that low is protected. Im expecting a rally to clear or squeeze the shorts. Trade base on your decissions.
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| Your time is precious so I write concise and precise, feel free to ask for more | Here is the result from my previous analysis, It worked so far! I believe we will see more failed breakouts resulting in more bottoms! So I personally expect more SFBs in upcoming days... | Your time is precious so I write concise and precise, feel free to ask for more |
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Well well well. It´s not looking pretty. And it´s bitcoin so, this is even more relevant as we all know its dominant role. Next key support is $20,717 in my BTCBUSDPERP chart. Check for $20,500 as a general value. In my opinion its time to wait and see how bitcoin deals with the current support level. Would not be surprised to see a sling shot recovery, but not...
as i said before 20k wouldn't support the way that we expected so my next idea is btc will touch 14k for the last time and i guess this is the last support . i hope btc will start its way to 80000$ soon. there is a second way that btc brake the up trend line and we can see a price growth to 26k in this situtaion , but still my idea is short for now.
the daily tr and price movement has extended from its previous Tr on top to the same size new Tr on below drawing in green and it can show affect touching midline and top and lowset part of the Tr
Hi guys! Let's see the RSI on both pictures. We have this hudge diverge. All the locals hights of BTC had lowe hights for RSI and pullbacks. Now we are aproaching the moment we will break this divergence. Don't forget the MACD that screams BUY. I know, all fundamentals are saying I should be bearish and especialy on the riscky assets, I'm verry bullish on BTC. We...
Hello, We respected the forecast made at the beginning of the week. The next important levels are those between $41170 and $41600. This area needs to hold in order to resume a sustained rise with prices hovering around the red Max flow-lines during this early March. (the slopes of these Flow-lines are calculated according to the mathematical principles of...
Based on my TA, BTC is currently forming a falling wedge on the daily TF which is a bullish reversal pattern. You can see my analysis clearly on the chart. So, I would swing trade it as follows: Enter: 2 daily candle close above the falling wedge around $42542.83 SL: $40426.45 TP: $46428.75 what do you think of this trade? **Disclaimer** This is not a...
If I am correct in my analysis, Bitcoin is currently in the fourth wave of the overarching trend. If we break down this wave further, the forecast could be as follows: Wave 4 could move as a corrective wave with a typical a,b,c movement. However, keep in mind that the moves in this wave could be far more complex than shown here. According to my analysis, we are...
Hi Colleagues 🖖 🖖 A few words on the cryptocurrency market situation and about Bitcoin. BTC buyers held the range of $47000, which we talked about in the previous idea: This mark was the local liquidity zone and the lower limit of consolidation . Lack of trading volumes forced sellers to give up the initiative in the BTCUSDT market 🆘 Global critical...
Good signs on chart. Pretty interesting.... HISTORY REPEATS ITSELF.
based on my TA on the monthly chart. BTC is currently in the third wave. the third wave is often the longest. but if we assumed that wave 3 will equal wave 1's length then my target would be $86766 and giving that wave one took almost 7 months to form, we might see a similar time line for wave 3. Having said that, I'm really bullish on BTC
I decided to share with you the logic behind my btc analysis in a very short video :)) In brief: we see a falling wedge structure moving towards a very important demand zone! What logic tells us is that a reversal is most likely to happen over the demand zone! See the video for a more illustrative explanation. Personally I would take my chances on trading this...