BTC looking to stair Up to Get eq High and previous LL Lh OB its interesting looking to short here they will get rekt soon Week on Start let see market play out for us
Because every time someone asks me what I think a coin will do requires more than a simple answer to properly explain my idea and my thinking. This video took 20 minutes and I think I spoke quite fast to get enough information in here. My streams can be seen to get a better understanding. I try to stream every weekday morning at 9:30 and every 1:30 (4HR change...
MY CURRENT BTC TARGETS ARE $40K& $30K. I hate that but, I don't make the rules. Called this drop at 68k and still calling it. Never be emotionally attached to an asset or a currency.
POC shows $34,xxx when evaluating PA since before 2021. To me that implies that POC is the line in the sand. We bounced strongly off that POC. If that POC is in fact where support must turn into resistance to further the bears' momentum, then an extraordinary amount of selling must occur there. It was also a key level for barely-late leveraged longs. It seems more...
BTC Fall into Descending channel Blue Box is important For me If lost,we will see channel midelines soon! other idea is Break 42/442 then we reach 51/000$ then we decide For BTC analysis At this moment im Neutral and wait For More Confirmation. Always Trade Safe! Dont FOMO! <3 Frontman
The breakout from the descending tightening wedge that formed over the past 2 weeks seems to have failed, despite printing an uncanny similarity to previous breakouts. - 1 last touch on wedge at $39k area would be the third touch and thus completing a standard ascending tightening wedge printing since about October 2020. I suspect it will break to the upside for...
Long-term channel (Dec 20') Long-term trend/support (July 21') 0.718 rejection -> 0.618 retrace (major fib) DBW nearly complete and the larger containing formation of DW nearly complete (needs 1 more touch for total of 3 for each formation) BTC Log Growth Curve indicator (monthly/log scale) - $51k correlates with 0.5 fib Downward momentum Conclusion: $51k last...
Hello guys, it's been a while I actually gave updates. I have been busy lately but I decided to drop one today. Please bare with me as I have alot of things to tidy up. I promise to resume giving constant updates soon. I actually did a top down analysis on BTC stating most confluences I have seen on chart using just pure price action. So follow the thread cause it...
Here is a view of BTC where a new zone has been created short term potential swap zone at 21,000 where price can fall back just as fast as it can rise. The chart shows us: Maxed out weekly, monthly tops, creating a new all time high for the coin. with a strong bullish movement, a potential correctional movement can take place in the run up to the holiday...
Good day Traders Bitcoin: Expanding diagonal invalidated & seeing this as a completed wave 4 correction for now. Bet there's plenty sitting on sidelines waiting for that 10.5k entry.. More likely to me that this just grinds up from here. Daily order block and 4H EMA200 holding strong. I reckon we should target that $12.8 - $13k weekly resistance next. Good...
Bitcoin: Hidden Bullish divergence on the 12H RSI, confluent with trendline support of a potential expanding diagonal triangle to complete wave 1 of a larger 5th/C at around $13k. Expecting a SFP rejection from $13k and a short-term correction to follow with major support at $11.1k and confluence of major support between $10.2-10.3k where there is a strong...
BITSTAMP:BTCUSD Hi everyone, ... back with another update. It has been a while, but I decided to decrease the frequency of my posts and only post when we have significant new data points to update our analysis. First of all: I am still bullish, despite the recent dump (~7%). In my last post, - I mentioned an ascending triangle. ** The triangle that I...
BITSTAMP:BTCUSD Hi everyone, ... back with another update. >>> SEE COMMENT BELOW, FOR THE FULL TEXT <<< So... Yes, I am still bullish. We have definitively witnessed some interesting action in the last couple hours (and also during the last couple of days). Let's have a look at the 4H chart. All through yesterday, BTC was wrestling with the support...
BITSTAMP:BTCUSD Hi everyone, ... back with another (quick) update. As predicted in my previous post, BTC bounced off the .5 Fib (11,330). So, what now? In my opinion, we are forming an ascending triangle (AT), with resistance at the .786 Fib (11,770). We are currently riding the support of the triangle, so watch out for that. A break down (with convincing...
BITSTAMP:BTCUSD Hi everyone, ... back with another update. I have been quite busy with work the last days, so this is gonna be a quickie. In my previous post, I mentioned that my bias would flip from bearish to bullish if we had a 4H candle close above 10,400. That happened and as soon as I spotted it, I entered a long position. Unfortunately, I got stopped...
BITSTAMP:BTCUSD Hello everyone, ... back with another update. The take-aways of today's post are: - Yesterday was a non-event in terms of the BTC price (O: 11,236 <> C: 11,192). - I remain bearish ** despite the (2.7%) recovery from yesterday's low ( 11,000 <= mark that figure...); and ** because BTC is still struggling with the .50 Fib level ...
BITSTAMP:BTCUSD Hello everyone, ... back with another update. => If you haven't done so, please check the update on yesterday's analysis (I wrote just b4 going to bed). Okay, let's get right into it! First of all, in comparison to yesterday's chart, on today's chart I have - added the Fibonacci retracement, from the top (12,100) to the bottom (10,559.59) of...
BITSTAMP:BTCUSD Hello everyone, ... back with another update. First of all: apparently it's a violation of the rules to mention social media applications in a post, so yesterday's post got flagged and deleted by TradingView. This post is just going to be a quick update. If we zoom in to the hourly time frame, it's clear that we are forming a bear flag (the...