Abstract concept showing a long term maintain of the bull structure once this bear market ends The bull run will be epic. Bottom ascending line is a strong support that can be drawn on this non/logarithmic chart. 2018 Peak euphoria (20K) used as support for in 2022
Although we havent confirmed bottom yet we still have same legacy top trend line! BBlx has broken 21/233 ema bearish for the first time in history of weekly chart. I expect 10-13k bottom but we are near the 1-1 fib of our correction and historically corrections have bounced at the .786! Not claiming a bottom here but when we are finished correcting I think this...
Hi Traders, Investors and Speculators 📉📈 Why follow me on Trading View? 🎯 CryptoCheck team has 20 years + combined trading experience 🎯 Established 2019 and not going anywhere 🎯 Ev here - been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime...
On the Bitcoin / Gold chart a warning signal flashed on April 16th! We are nearing a 50/200 MA DEATH CROSS which will occur on May 4th on the 3-day chart! 50/200 MA death cross are quite rare, especially on the 3-day chart. The Bitcoin price drops on average approximately 50% (measured from the day the warning signal of the death cross indicator flashes - to...
As price hits the middle of the channel, this analysis shows how price still has the potential to extend from here to the top, as it has done in the past (indicated with green) We are in a massive channel, right now as price is close to the major lower trend line , an entry point arises Some of my older posts, below Show a large parabola, this line is...
💎Technical Analysis Summary💎 BTC/USDT -Bitcoin still respecting the 3D 200-Moving Average for the 3rd time -The bulls have managed to keep the price above this important dynamic support -We can see the bulls and bears are trading within the range of 35k-45k dollars -If this trading battle continues, mostly is to test again the top resistance at 45k -The Bitcoin...
Current thoughts on the mind when looking at the BLX chart, price has reached a weird place in its constant evolution The most right red dotted line is where the bear move should continue to if we have experienced the top, but that would violate the BLX Channel indicator using I would like to see bull continuation personally
• Since Apr’21, BTCUSD has been consolidating in a range. • Wave (2) was relatively clean and simple. Wave (4) is thus likely to unfold as a more complex and frustrating correction. • Dubious speculation: the $69K top might be the end of the B Wave in a running flat correction, and we are still in the C Wave, (4) in the larger wave count, which will bottom at...
💎Technical Analysis Summary💎 BTC/USDT -My previous update last December 23, expecting the bulls to hit push 52k dollars -But as soon as the price entered that region, the bears acted defensively -We saw two bearish rejections and finally the bears manages to bring the price down -Today, Bitcoin is retesting its key level of support which is not a good sign...
💎Technical Analysis Summary💎 BTC/USDT -The bulls may have found support on the weekly key level -The 45k region acted as new interest for the buyers -Also, the confluence of 50W Moving Average may have added defense -Most likely, Bitcoin is safe for the next few days -Potentially consolidate at current market price and form any bullish pattern -On the other...
so i notice something peculiar on this random rip this evening, it stopped at the 100% extension of the previous move 100% extension is a corrective target. if this move was genuine it would continue right now, and not fall back down into the local depths. >if it falls back down, then this was yet again another bull trap. i'm not bullish nor bearish at this...
This is my personal opinion and observation. it is not financial advice.
💎Technical Analysis Summary💎 BTC/USD -My previous update last November 30 has failed -Bitcoin drop down to its weekly key support area -The price also retested the 50week Moving Average -And currently, we can see the BTC is reacting to this level -A massive -30% flash crash hits my stop-loss of a few trades I opened -The good side though I'm following strict...
taking another look at the charts, and it's clear as day that we've completed 5 waves up. i'm counting these 5 waves up as a wave (1) wave 2 target sits somewhere in the 40k region. 0.618 sits at 40k. Max pain on December 31st sits at 46k for cme futures. ----- i think we'll see price move down into my green box for another phase of wyckoff...
💎Technical Analysis Summary💎 BTC/USD -Bitcoin failed to hold the immediate support area at 63k dollars -After a sharp drop down to 58k dollar, the next potential support range -This fast move by Bitcoin suffered most of Altcoins and I got stopped of my trade -The market is not good recently so I didn't put heavy on this position -BTC is technically bearish in...
💎Technical Analysis Summary💎 BTC/USD -Bitcoin hit a new ATH recently but seems like a minor profit taking oppurtunity for others -The price is now testing the 60k physiological support level and previous resistance area -If BTC will consolidate within this support area and hold this level for a few days or weeks -Then, another potential to break into a new ATH...
Bitcoin Targets: 1: 65k 2: 100k 3:135k we have bullish market for 3-4 mounth buy_Hold_Enjoy TO_THE_MOON_SOON
This is my personal opinion and observation. it is not financial advice..