BTC price chart analysis on the 3day/Weekly time frame 2015-2018. (Heikin-Ashi candles, wicks removed, LOG setting).
-My "Keep it simple stupid" philosophy
-When the13 SMA crosses the 48 SMA on, it is a notable occurrence, indicating possible trend change
-My buy or sell decision occurs when 48 SMA turns down or up (ideally both SMAs)
-For me, using 3Day charts...
#BTC UPDATE.
#BTC has broken above the resistance zone area successfully and again it has reached a crucial resistance where btc got rejection,in oredr to keep moving to upside btc needs to close above the current resistance atleast on 1H TF.
However,trend change will take time,follow us to get ASAP.
There is still uncertainty about the further movements in Bitcoin. For the continuation of the growing trend it is necessary to form the growing impulse waves and the corrective patterns thereto, by which you can identify the presence of large players interested in a long hold on the asset.
Altcoins
Tron is still in a range of price consolidation, we believe...
The correlation between bitcoin price and the stock market has grown to new highs this year. As a result, the movements in the macro markets have had a great impact on the price of bitcoin, one of the reasons behind the recent decline in price. But as time has gone on, bitcoin has been working towards decoupling itself from this high correlation. Present data...
Hello We can see a beautiful triangle pattern in ETH 15M : If Eth breaks up the pattern strongly we can make a nice profit from a long position
let's see how it go...
Thanks for following me , please feel free to ask your possible questions about this analyze
It is in an upward channel in the resistance area, and if stabilize the area of $ 4.20, we will be likely to increase the resistance areas in the chart, otherwise we will modify the floor of the channel.
Its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark
Just perusing the internets and tweeters and airwaves and I have noticed some apparent bullish sentiment in crypto.
As such, I thought I would take a moment to provide an update to our coverage of crypto. My thought: don't get too excited down here. Bitcoin has responded negatively to interest rate hikes and the impending liquidity crisis developing around the...
Heres my best prediction for BTC,
please do note that i am BY NO MEANS at all an expert,
and it would or should and could meet at 85 percent down, 10500
short for now, and long from 12 july onwards, its the bull reversal drawn out here :)
💹Should we wait for a quick recovery and a Bullrun or will accumulation starts again? Bitcoin is already down by 60% from its ATH. But it is important to understand what scenario Bitcoin will follow. I decided to take two examples from history of how the major crypto-boss was recovering.
🚩Bottom of 2020. Conditions for recovery:
1. Black Swan - Covid-19...
historically bitcoin reacts to the 80 week ma (low)
will likely become support (bounce)
or resistance
if resistance, then the 160 & 240 week MA would be potential support
my guess is bitcoin will bounce here
good luck out there
This one is one trade where until the Trending Cloud
remains above the Momentum Cloud -
THE MOVE-UP CANNOT BE TRUSTED.
Chasing BTC here will end poorly as the overthrow
remains 10,000 Higher.
______________________________________________
Extreme caution in Crypto is warranted.
The Volumes remain in favor of Selles Mid-Week.
50,365 / 53.559 / 55,788 remain...
BITCOIN important levels and very critical situation. Pay close attention to the break points!
Note : This is only a personal Idea and Not enough for trading!
BTCUSD
1D chart showing me that we are close to repeat leg down as from previous months. Yesterday on the 1M (monthly) candle for many looking promising pump with nearly 6k up straight on the 1st of October, personally I am not expecting higher then 49.5 / 50k touch then drop to 24-26k range in a matter of weeks.
Training purposes only, please don't treat that...
My main foucus on bitcoin right now is the weekly close. any close below 42927 will confirm a mac d cross down. this has resulted in -40 to -60 percent drops in the past.
The comedy of the Dunce believes "Inflation" is Bullish for BitCoin.
No explanation as to why, simply the new Mantra.
It has ZERO History to support this new Narrative.
BTC Price is not just driven by the money-supply, but speculative forces.
Forces aligned who's answer - "Buy BitCoin" it's the Future.
It's like the Bro with the Show who sees nowhere else to...
Dear traders:
As you see, scenario 2 happened (see attached idea (Symmetrical Triangle)).
Based on the chart, 38333 $ touched. Jul 29 I told you: 38476 $ is (very) strong support (See attached Idea (Graphical idea (My Idea My way))).
Also, Based on DMI, We have a long way for market saturation!
Remember: we are inside a Mega bull flag pattern (Bull flag...
Longer term, our entries are 9200-9800.
Targets range from 96-106K for BTC after it completes
into 2022.
If it holds the 25K range, then we will reassess. It appears
the near full retracement is trading, we shall see.
ANKR after the Crypto Winter ends will be a large holding.
BRR has been an excellent BTC Instrument on IB. Wider than usual
spreads, but order...
