This weekend just a ultra small gap, should be closed rly rly soon But as you see, we are right in front of an old gap, that seams to get closed soon!
100k target, divergence, harmonics, cup and handle , yadi yadi yada.
I expect bitcoin to rise in the coming hours Where it was in an ascending wave, then the correction formed, and I think it will continue in this wave
Bitcoin trades slightly above 46 000 USD and we continue to maintain bearish notion on it. Our short-term price target of 42 500 USD remains in place. Technical analysis - daily time frame RSI is bearish. MACD flattened out before crossing above 0 points which is also bearish. Stochastic is bearish too. DM+ and DM- show bearish conditions. ADX started to...
Bitcoin reached our short-term price target of 42 500 USD yesterday. We continue to maintain a bearish stance on Bitcoin and we expect selling pressure to be persistent. Our view is supported by bearish technical and fundamental factors. We view hawkish minutes by the FED as very bearish for the whole cryptocurrency market. Faster pace of tightening and increase...
We continue to maintain a bearish view on Bitcoin as it continues to trade below the neutral zone. Since Bitcoin's rebound from its recent low at 41 967.50 USD on 4th December 2021 Bitcoin continues to make lower troughs and lower peaks which is indicative of the bearish trend. We expect an eventual retest of 41 967.50 USD price level and possible continuation of...
This is the Monday weekly review of BTC1! CME chart. We can see that no gaps were formed over the weekend and that price was rejected by the previous gap. Price is downtrending within the downward channel. The measure move of the previous ascending channel breakdown is 37.5k. There is an open gap at 34.5K that acts as an attractor. I guessed a path downward....
I have consulted with the Witches. Billionaires use astrology.
Pioneered by Thomas Bulkowski, the "Three Peaks and a Domed House" chart pattern is looking eerily similar. Not Financial Advice.
Trader, Bitcoin (BTCUSD) consolidated for some time and then showed a little strength. This strength can be deceiving just to create all time highs and completed an extended W pattern which usually is a bearish pattern if confirmed. This is not the right time to buy BTC1! as it is close to the reversal FCP zone and a psychological 70K round number. Better place to...
morning btc is sitting down here in the local golden zone after a 3 wave move down; currently at the bottom end of this little channel we've created the other day. our indicator looks decent for a little push up, but i think it'll be short lived. my upside target on this little swing will sit just above 53k, which will be a very high area of liquidity for...
Pivot high, pivot high and pivot low. Searching for a channel to trade and we may have found one. Res. 41K and 45.2K Update:
ETF ✓ ATH ✓ Correction ⌛ "The biggest risk of all is not taking one."
good afternoon, we filled the cme gap, and our system is picking up some nice buy signals down here, while it may look scary for some, it looks beautiful in the eyes of an opportunist. wave C target= 60.5~61k.
wise man once said sell when everyone is greedy buy when everyone is fearful little expanded flat playing out here into what i'm thinking might be a 1-2, but it could very well be an a-b as well. if it's an a-b, look out below once wave c is in :, ) i prefer the simple zig-zag scenario for maximum pain + maximum opportunity for those who're ready for it; but...
Since the triangle "real-breakout", we have made about half the measured move, only to retrace to previous resistance (R1). If we can hold R1 this week, there is a strong potential to complete the measured move at $78K. However, according to the Squeeze Momentum indicator, there is a bearish thrust that could last a few months. As this is a weekly...
morning, looking at btc miners, and the current wave setup + taking into account the cme futures max pain on december 31st which sits at 46k, i'm going to conclude my theory of this expanded flat scenario into the primary wave 4 going down to the low 30k's into jan \ february to fill the cme gap before we see any new highs on btc. i'm bearish until we get there,...
Hello Bitcoiners Indicators actually are bearish in lower TF + Daily and Weekly not seems enough strong So we can expect more correction and a dip around $49k/$50k But the good news is that we are still bullish on Weekly so we can expect another move up after the correction/sideway Next long target will be +$80k Keep strong -Goodluck