Bitcoin failed to move down from a gap zone as we previously expected. Instead it broke to the upside and it currently trades around 52 000 USD. This price action forced us to reasses our views. We think it is possible that price might continue little higher. Although, we are sceptical of this price action. We previously noted that we expected temporary high...
BTC Ascending triangle on the 4 hour. BTC Ascending triangle conversion. Room for BBWP to expand as well as bullish divergence.
Bitcoin continues to trade within the zone of opening gap from 17th May 2021. In addition to that bitcoin continues to fluctuate above and below its immediate support/resistance. However, it failed to surpass its recent high at 50 585 USD. We view this as bearish and we expect bitcoin to break out to the downside from the opening gap zone (from 17th May 2021). ...
after a very skillful shake out, i gotta give market maker props for that move. i think the move to the upside last night was the ending of an impulse which started on august 26th (from the 0.618) ---- this overnight move down was wave (a), we're currently working on wave (b), followed by wave (c) down to about 47,074 from there i do believe we begin another...
This just an idea.. DOES NOT MEAN IT WILL HAPPEN!! but just think about it. We are up 15x from the covid lows.. all of those who bought at 10k are now sitting with almost 5x returns...With the current trendline from BTC bitstamp chart back in 2012 we should see some kind of drop could be triggered with new black swan event in end of 2021 or 2022. Could be ban of...
Many people asked us to analyze cryptocurrencies. Therefore we prepared our first bitcoin analysis for you. Recently bitcoin took off its recent lows around 29 000 USD. In the process it closed a gap between 46 620 USD and 48 370 USD. After that bitcoin peakead at 50 858 USD and then reversed lower. We think price level along the gap has an important role. We...
Hello traders Potential inverse h&s on 4h with 2 setup Short 46.5k Long 56k Let’s see if the pattern will plays out or no -Goodluck
i'm not convinced that crypto has finished this wave 4 correction, in fact - i am willing to place a large bet against this ponzi when the time comes 😅 take a look at this chart dating back to 2013: every single correction we've ever had in the history of bitcoin has tested the weekly 200ema before resumption to the upside. you know what is in perfect confluence...
we are still in major correction phase and i believe end of this minor bullish correction is around 50k
Ok nothing matters, not any indication of things The story is truly different on this chart and my numbers are somehow accurate, for now we might see the price on 48k Even if it doesn't get there it is not a big deal for people whom bought 30k So as the price is generating bear traps and wedge form sentiment rewards for bulls, also volume is not normal in my...
hello this is give for you all , but i am not responsable for you trade i publish my view and analyzes , if you agreat with my idea tell me in comment ; now bitcoin iwe can buy it , bitcoin break with force the line and bif freen candle so we already see that there is something to prepare
look for this wave 1 to top out at 45.5k that's also where the 200 daily simple moving average is, perfectly in confluence with our sub wave 5 target to put in wave (1) on a higher degree. from there we should in theory see a mean reversion for wave (2) to about 34.7k the alternative is btc will have a flat correction, similar to last year, where it will move...
global market collapse is imminent, i could be wrong, but it's a feeling 💸 best of luck, last post from me for awhile!
So many people are about to get caught in this double zig-zag, thinking that it is a reversal to new highs. I'm here to warn you that we will not be making new highs on this aggressive move to the upside (to 39k) in the coming days, but rather it will be the final phase of distribution before MM dump the last of their bags on everyone. Don't get caught in this...
I've poured every ounce of my being into understanding markets, cyclical behaviors, patterns, etc. I very much believe this is the path for Bitcoin. Wave 5 will resemble wave 1. I expect it to run to the 1.618 fib extension. There will be no retest just like in wave 1, but the level will later be retested as the eventual next bear market bottom. Everyone...
Okay let me tell you what’s happened Bitcoin shillers (crypto influencers) starting spreading FAKE SPECULATIVE news about AMAZON!! This news is not official and I’m sure tomorrow the real news will confirm that Amazon is not gonna accepts bitcoin. Why they have to? They are working on their own token they no need bitcoin or any other scamcoin for their...