💎Technical Analysis Summary💎 BITSTAMP: BTCUSD -After the recent breakout above 16k dollars -Bitcoin found strong resistance at the 16.5k zone -The price is now pulling back to previous resistance -This is a good pullback area if BTC can flip to new support -It is also crucial for Bitcoin because this will decide its next move -If you are taking this pullback...
💎Technical Analysis Summary💎 BINANCE: BTCUSDT -Bitcoin broke its local resistance area at 15.8k dollars -The price is now trading above 16k dollars -This is a good sign in the short term -If the Bulls can maintain above resistance for the next few hours -There is a chance of another rally up to 17k dollars -Be cautious if you are buying at market price -Always...
Moore's law has tought us that historic evolutionary patterns are happening 10 times faster after each new technological or scientific breakthrough when it hits the mainstream public worldwide. This breakthrough is then followed by a parabolic and very bubbly event, only to face a dozens month old bloody correction, while finally allowing the new market to mature...
💎Technical Analysis Summary💎 BITSTAMP: BTCUSD -Bitcoin found support around 14.3k dollars -The Bulls bought up the dip and now back above the 15k level again -We have now a high chance of range trading area between 14.6k-15.7k dollars -I expect BTC to trade within this zone for the next few days -And potentially, most altcoins will start recovering from their...
💎Technical Analysis Summary💎 BINANCE: BTCUSDT -Bitcoin rally must be over for now at least -As the price found resistance at 16k dollars -BTC retraced almost to the 0.5 Fib level -We can see a long wick rejecting the price -If 14.6k-15.9k is the potential range trading -Expect high volatility in the market -Please don't use high leverage A big Thanks for...
BNC/BLX BTC/USD LONG 240K Dec. 2021
BNCBLX BTCUSD 100K by Dec. 2021
I made this chart a few months ago. If the trend continues as it has for 10 years, I believe BLX will reach at least the bottom of the upward trending channel when/if it breaks out of the yellow box.
💎Technical Analysis Summary💎 BITSTAMP: BTCUSD -Bitcoin rejected at 200M dynamic resistance -Plus the old support turned new resistance today -If we can see follow-through by the Bears -BTC is likely to retest previous support at 10.1k range -Currently on the short term, Bears have access in the market -Let's wait and see how BTC will react at low 10k strong...
Hello Traders, I think there is one more drop before the next run up. The line drawn has very strong support and big history. The drop should in the next two to three weeks. Always trade what you are willing to lose and trade responsibly, Also trade at your own risk. *Follow the trend until the trend is broken*
Hello, everyone. So everything in the highlighted range is a buying opportunity as the past has showed before. However we're at the bottom part at the range right now, and we could we the price go lower to 9.3k or so, and it looks more probable than not at this point. However if we were to look at the grand scheme of things whether you buy in at 10k or 9k DOES...
BITSTAMP: BTCUSD -After the massive sell-off recently, BTC might temporarily found a support -The 10k area is now acting as a strong Buy zone after we saw a double retest -We can see a Bullish candle together with a big green volume -The RSI is showing a little divergence on the 1hr time frame -Bitcoin might be ready to test the downward trendline...
A fib wedge idea Bull phases and bear phases The recent dip has presented a lovely buy opportunity I do think it is a pretty obvious bear trap
Some similarities i have observed between BLX (bitcoin) and Ethereum Bearish scenario for BTC - Long Bullish scenario for BTC - Long I advise investment in ERC-20 tokens or just buy the market and buy Ethereum.
Controversial, feel free to leave comments As of this chart i see Bitcoin experiencing another wave down along the fib circle Breaking the parabola that has formed and allowing it to enter into a complete bear market
1 25k 2 ~60-70k Using fib spirals to look for potential tops In green boxes
BTC/USD -Bitcoin just had a Bull trap after breaking the recent high at 12.1k -The price slowly dumping down to 11.6k located the trendline support -We can see a Bullish reaction candle on the 1st retest of trendline -BTC is still on an uptrend but a sign of weakness is showing -Though the trendline of support still valid -We still need to be cautious as the...