the king of crypto will start the wave up soon and the target as its in the chart 30K
i think BTCUSD finish the down move before the end if this year and even if there is more down will not be lower this 11 to 13K
the buy started since the JUN ,the blue area is the end as i expect
And that makes me think of two possibilities :
The first
that we have finished...
Hello Guys
There are some notes of BTC weekly Chart:
1. We have a new ATH every 4 years ( 1428-1477 ) days..
2. After the ATH we take about ( 52-59 ) weeks to make a new bottom then we go up a little ...
3. Every time we reach a new ATH we drop down in a same angle (-55) before the new bull run starting .... look at my chart ( Red angles and curves ...
Technical analyses sometimes are very strict. BTC $25k is still in action ?!
Please do not pay attention to this post. (I just looking for a new support to add position) :)))
The big organisation(s) are waiting for something to hope for. And the authority have been using it as a tool to break their spirit.
Don't give up or gave in, push for more holding and buying at sensible cause. And the bull run will prevail with or without ETF approval.
It has done it before and it will do it again.
The time on average is 0830 HR when this 4 hours chart on macro got published. The estimation of BTC movement is at such with the Fibs included. This could be the good short term start on the first week of August 2023.
This chart is related to the post published previously. Let's see how the candle flows within the Fibonacci levels.
Hi everyone.
Last 3 weeks we've seen incredible strength from bulls. There are no doubts that bulls are in control. There were not any signeficent pullbacks during this pump. Many traders stayed on the sideline waiting for 10k.
However, it looks like everyone already forgot that BTC printed for the first time ever a Yearly bearish engulfing candle.
On crypto...
Buy structure in small timefrimes , 1min imbalances, close to .88 fib and buy to sell/sell to buy candles.
Trying to enter in a sell and close it to get the buy one. Buy is the major trade
Could be disputed, Could be wrong, depending on which theory you believe in.
it has never been, and doesn't have to always be, but it was.
So what will it be ? it could be what will be !
Bitcoin (BTC/USD) has formed a head & shoulders resistance price pattern under $31,000 in May 2023.
Support Price Target(s) below are: $25000, $24000, $22000, $20000.
Bitcoin needs to establish and hold a price support level above $20,000 to maintain an Uptrend in 2023.
note: the longer-term price trend for Bitcoin could take months to establish and develop.
On the Daily chart Bitcoin has the potential to complete a Head and Shoulders pattern, like so many altcoins did- so watching for this confirmation of drops below key support is critical.
When looking at the Monthly chart, the RSI/SRSI indicators show a likely continuation down, indicating more time is likely needed to shake out this correction.
Currently...
