Bitcoin rise from 19500 the bullish price confirmation toward the 30000 levels the crypto Market cap shows the investors in Crypto will rise more and more
Speculative analysis of a fractal compared to MA confusion and with the Fibonnaci channel that tracks the macro trend of the lines in the logarithmic chart.
There is a certain chance that a possible repeat of the fractal, which lasted from September 2020 to March 2021, with an alternative to a rapid repetition, that would aim to reach a price of nearly USD 100k...
***Hello crypto fam, I do daily Bitcoin / Ethereum review here*** Let's look at #Bitcoin 🧵👇
I was sick for the past few days so could not post any charts.
As mentioned in my last post, I am not comfortable with this Bitcoin long until we get a close above $36.500.
Bitcoin is still looking weak and showing a lack of demand. I will not try to catch the bottom, I...
Bitcoin was in the Bullish Trend line but it could not continue the rally and Bitcoin broke the Bullish Trend Line. Bears took uncalled control over the market, mid of the week. But we saw it coming. Yesterday we posted the Bitcoin Price Update with two scenarios, two one was the wedge pattern predicting that the price can move any direction on closing...
Warning: our thoughts are ours; not financial advice.
However, it could save you from major losses and potential gains.
It's a RED market. This could continue for a while.
Briefly, this is what we think of Bitcoin.
Right now, we are watching two important levels; the dynamic support of the 21 MA at $37K+ and the bottom of our channel at $36,500.
There's no...
I've labeled this as "neutral" because I don't want to lead anyone into a bad trade and also because I stand by my standard pre-emptor: BITCOIN CAN ALWAYS GO IN EITHER DIRECTION AND THERE WILL ALWAYS, IN RETROSPECT, BE A TECHNICAL ANALYSIS-RELATED EXPLANATION/RATIONALIZATION FOR THE MOVE.
That said, the full-lifecycle Bitcoin chart never ceases to fascinate and...
Bitcoin is perfectly following the Fibonacci sequence. I see patterns which looks like the chart is building an horizontal line now? Will this be a steady point?
Fluctuations will continue between 8700 and 10700. Every time when the resistances get broken, there is a change the price will go more long above 10700 or more short below 8700, and following fibonacci...
Buy above 10332. Stop loss at 7902. Take profit at 12808 and 14497.
Reason for the trading strategy (fundamentally):
Price has dropped strongly amid concerns in Asia as investors still keep an eye out on the crackdown in Korea. Most recently a senior official at the People’s Bank of China is reportedly calling for a wider ban on services related to...
