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BLX

Bitcoin Grand Cycle Ewt Analysisfrom the beginning of time, until today, btc has surprised us all. that being said, let's talk about what i'm seeing here. wave 5's tend to end in a nice wedge, or an ending diagonal kinda formation. the wedge we're currently in is reminiscent of this potential scenario. we're currently at a critical point in my opinion, and this wedge must hold, otherwise things will get messy very quickly. this is one of many scenarios that i am seeing, and i am happy to share them all with you guys. ps. i am not taking anymore crypto trades for awhile, until we get a concrete direction.
BNC:BLX
by notoriousbids
Bitcoin Blow off TopA blow off top is characterized by a sudden rise then sudden decline in price, accompanied by a large volume spike This can be seen across the board on Bitcoin (BLX) throughout its Tops within the Fibonacci circle Currently the volume is lacking for a blow off top, and the chart seems to be prepping itself to perform a move like a blow off top at the next Fib level I think the price right now Is great for Bitcoiners and should be bought up quickly before this move occurs I was inspired by BitFink who talked about Blow off tops to make this analysis I doubt this is the Top..
BNC:BLX
by Bixley
BTC/USD (50W MA is Hodling)💎Technical Analysis Summary💎 BTC/USD -The Bitcoin Bulls defended the 50W Moving Average support -The weekly candle closed with a bullish rejection at the key interest area -The fight is not yet over, there is a lot of work to be done -Many are looking at a potential big H&S pattern -But the Bears are struggling to close below the 30k level -Strong Bitcoin buyers are jumping in to buy every dip -I'm currently sitting on the sideline, waiting for the next move -Even a bullish Altcoin setup can go wrong if BTC decided to go south -I'd rather stay in cash and patiently wait for high probable setups -Only a few days before the monthly candle closes -July is coming, many opportunities are just around the corner -Guys, don't rush in, we will have our next shot very soon -Have a nice day & stay safe! :) ⚠️Please always read the description⚠️ Thanks for donating 💰 via Tradingview coins TiborVrbovsky 🙏🎉 `````````````````````````````````````````````` If you need help🙋 don't hesitate to Send me a message here PolarHusk 😊 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Please Exercise Risk Management 💱 ``````````````````````````````````````````````
BITSTAMP:BTCUSD
by PolarHusk
11
BTC/USD (Holding Weekly Support?)💎Technical Analysis Summary💎 BTC/USD -As the price entered the weekly support zone -The Bulls bought the dip and they are still holding the game -This is still too early to celebrate again -Because every attempt to move up the price keeps rejected -Now, we can see a potential strong trendline resistance -As the price start climbing, the 50D MA also approaches the price -This may act as a resistance area around 36k dollars and above -The market is getting more choppy each and every day -So please be cautious and always follow your trading plan -If this situation is hard for you to adopt -Please stay away for a while, observe and study more -Trade responsibly and stay safe everyone! ⚠️Please always read the description⚠️ Thanks for donating 💰 via Tradingview coins TiborVrbovsky 🙏🎉 `````````````````````````````````````````````` If you need help🙋 don't hesitate to Send me a message here PolarHusk 😊 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Please Exercise Risk Management 💱 ``````````````````````````````````````````````
BITSTAMP:BTCUSD
by PolarHusk
11
BTC/USD (Will 50W MA Hold?)💎Technical Analysis Summary💎 BTC/USD -Bitcoin failed to hold above 40k dollars last week -The price is back at its weekly major support area -This is the critical part for Bitcoin this coming few days -Our only hope if the 50W MA will act as support again for the 3rd time -If it bounces up again, we will have another retest near 40k -But a failure of weekly support will lead to further downside -Not the best time to go all-in on your altcoin trade -Because the market is shifting its tune in a short amount of time -We always need to adapt and adjust our strategies base on what the market is telling us -I will publish a new update once more data comes in -Please stay safe and healthy everyone! ⚠️Please always read the description⚠️ Thanks for donating 💰 via Tradingview coins TiborVrbovsky 🙏🎉 `````````````````````````````````````````````` If you need help🙋 don't hesitate to Send me a message here PolarHusk 😊 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Please Exercise Risk Management 💱 ``````````````````````````````````````````````
BITSTAMP:BTCUSD
by PolarHusk
9