BTC Wyckoff Reaccumulation Looks like possible reaccumulation on BTCUSD daily chart
In this bitcoin analysis Important support levels are displayed Scenario 1: If the strong support that is fully displayed in the chart fails, we will see a drop in the price of bitcoin Scenario 2: Considering that we are in the third wave of daily time We see correction to the support lines in the chart and then in the fifth wave we will see an ATH...
Since as recent as early 2020 (a little over a year ago), we've seen MASSIVE gains in amounts of 1,000%+ In my opinion, I think it is time for Bitcoin to cool off for 1.5-2 years. Based off the OBV, RSI, and many other indicators we are seeing clear signs of a potential multi-year bear market. The OBV (for the first time since the last massive crash in April)...
It's about to go down... But wait, before leaving this post, hear me out ! We bounced to the downside as predicted in the last post, we are now heading towards the 53k level, but before this, someone is waiting for us, the 75w EMA that might be a minor resistance which we might break through to then bounce on the 100w EMA. This one too might not be enough and I...
waiting 2 to 5 days for buy to mac d go to level low and fundamental analysis bad news for btc
This ticker suggests the top to be around 180K. However using the more detailed BLX chart the logarithmic band gives a top of ~250K Regardless bull action is implied. A coupled Cup and handle structure can be seen With an extension to 0.5 with the first handle and an extension to 1.5 on the second handle This gives the target coinciding with the logarithmic...
After breaking out of a rising wedge on the daily, BTC found support at my 59,311 level but is being resisted by 61,211. I'm glad I was able to warn some people with my "cation BTC fake out" post. Subscribe so you don't miss out! This price action is resulting in a symmetric triangle which is usually a continuation pattern of the previous trend. We are in an...
I have been playing around a-b-c-d-e scenario and I still consider it an option, however todays dump made me put thing into perspective. Everyone's going crazy right now, some are making 100k calls, while others expect 50k dump so I just thought I'd share my view on the current situation. Assumptions: - As long as the price remains inside the channel, its upper...
As the broader Cryptomarket has bled through the last couple of days, I noticed something. On the weekly BTCUSDT chart, the 28MA and 50MA are converging, and if BTC bleeds for another week or two it looks like they might cross. 28 weeks ago BTC was trading around $58,000 , and the next week BTC started the big dump of last summer. 50 weeks ago BTC was...
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Bitcoin fell below $60,000 during mid-European hours, before press time, extending early weakness. Analysts said a pullback was expected and has normalized the elevated funding rates or costs associated with holding long positions in the perpetual futures market.
BTC / USDT In daily time frames BTC is testing very important support zone between 60k-58k again in confluence with EMA 50 EMA 50 is always a good indicator in bull market Also BTC successed to fill CME gap by this move 💡What Next ? Since july BTC is moving inside gaint ascending channel Bulls should show strength here or we can drop to test trendline of...
as always we have ema 200 looking for support and the channel we have is giving us a good plan for buying bitcoin "check the link to the related idea" ! WE ARE ARTIST !
Hi guys Bitcoin could go down to $ 59,000 and $ 53,000 to continue the uptrend. Be sure to check out our previous analysis Be profitable
Fake out of a bear flag on the 4 hr inside of a rising wedge (bearish) on the daily time frame. If these patterns break to the down side, expect a quick correction followed by a massive move to the upside. This is due to an abundance of support below us. These patterns can also be traded to the upside. Refer to previous posts for more charts, details, and price targets.