You are looking at the weekly timeframe of Bitcoin. Analysing After the recent move in Bitcoin I think BTC will consolidate in between 40k and 44.5k for pretty much long time and alts will get their time to make their move along with it. After that i expect it to go lower from here upon breakodown of 40k level towards 30k and i think 30k level will be a good...
For a prolonged period, Bitcoin has been accumulating in this area. We can see attempts to break resistance and support; the price is moving up and down. The question of who will prevail, the buyer or the seller, hinges on cumulative delta and time. There's a high degree of uncertainty in the movement on the larger timeframe. Therefore, I'm currently analyzing...
FINGERS CROSSED!!! what do u think guys ?? 50-50 chances.
Happening now: We are looking good on the daily timeframe, BTC has decisively gone over multiple resistance points and continues to cross over them with conviction. The concern is that this is all happening as the leading economies in the world are showing signs of bad times coming, During different times I would say that the bottom was in, but since we are in the...
Most of you think that an exchange is simply where trades are facilitated, that exchanges offer cool products like shorting and leverage trading. Wrong! your exchange is not your friend and it does not care about you. In fact, it is your biggest competitor, and those cool products are designed to separate you from your money. Your exchange knows all of your...
Based on my previous post "An Elliot Wave Analysis of the BTC correction" and "BTC Wave-by-Wave Analysis 2: Bullish Scenario" things are going well as projected. Internal 5-wave counts of the recent pump (37,000-44,949) are completed and are expected to retrace soon. There are 2 possible retracements areas: below or above the price of wave 1 at 40348.45....
Hello friends, as I promised you about autumn a few months ago And in the previous chart, the number of updates was high and friends were complaining I said put a new chart before the main chart It takes time for the market to be manipulated So do not enter the market until the next chart is presented This is my advice Either way, you decide as you wish From...
BTC stopped at SMA 200 daily, and rebound at fibo 50. and trying to reach fibo 38.6, for another downtrend to fibo 61.8 . SMA 200 daily is the important level to be watched. if this level breaks down, the downtrend is become confirmed as long as the trend is below the SMA 200. SMA 200 daily become the strong support also happened when BTC reached 29K. Watch...
I'm seeing a double bottom pattern in the H4 chart. I'm highly bullish. you can long from correction.
BTC one Day Chart Update Pump to 59.5K to 60K Expected in shorterm which is must hold area for weekly closing. All eyes on weekly closing. Must hold 53K weekly closing if further dump.
BTC was unable to reach out target 59,500 and fall back down due to high sell pressure. Now it has fallen back to it’s previous consolidation zone. It is good as the price is consolidated, btc.dominance will fall and altcoin will rise. This weekend we should see price to 59,500 next resistance. FOLLOW, LIKE, COMMENT
Bitcoin update 4hour analiysis, Yesterday's -9.8% drop wasn't expected at all. Everything was working fine and I personally expected BTC to reach $46k but these FUDs messed up everything. Still, being a trader, we must be prepared for any kind of situations. Now, as you can see in the present chart that BTC is struggling to break above the 21 MA which is not...
bitcoin target 1 : 54 $ The next resistance : 53 $ target 2 : 55 $ target 3 : 59 $
BTC1 hour bullesh pattern and 200 MA very Support
If you look at the stochastic on the hourly, we are pointing down from overbought area in the second from bottom pane here. Further, there is a declining trendline on the RSI acting as a resistance. I think we will get a pullback to mid 44's before we see which way the market decides to go. The weekly is about overbought on the stoch, but whether or not we get...