Image of all three crosses. Here you can clearly see the first dump cross and than a bully cross and again a dumping cross which was an indication to the drop of btc
We had first cross of SSL lines (red line above and green down) and it didn't did major drop and than a bulling cross (red down and green line up) and than again we had a dumping cross (red line up and green down) as you can see in chart. We had an indication here of a big dump. Who got it first are safe and who didn't might have lost an opportunity or lost a trade 🙂
We have breakout of upper line of descending channel with low volume and because of that i think we are still in a declining fase,one more think at price 48k btc fill 50% institutional candle or liqudity grab candle.I will show you possible entry with high RR.
Bitcoin, currently on a rising wedge. Elliott wave on the 5th wave. Will it drop from the rising wedge going for an ABC to the downside?
the only think that perpatuate the downward crash is the fear created when last supposed support erea is broken. when it came no one is under command of logic, every one steak to what they see, even me... god bless the king of crypto... BINANCE:BTCUSDT
NOTE: This is not a trading idea, yet more of a overdramatic fundamental outlook As countries continue to ban BTC /BTC mining /Crypto Exchanges There has been massive manipulation the past year in the world of crypto. Institutions clearly understand the value of crypto currency. I wont sit here and say I have it all figured out. However, as the economy continues...
market move start when every one convinced that they are in right side... moonboy long on knowledge, short on market... time to see price is runing and we have to get on back track before it take verey late... every damn accumulation have to consider distribution for god sake BINANCE:BTCUSDT
we have descending triangle in 12 hr , we also saw retest on 36000 which is under the downtrend , the target for this triangle also confirms elliot target which is 17-18K.
I am expecting Altcoin Market Cap to bounce soon and reach at the peak point around 1.8 - 2 T $. I do not think that this is the end of bull, I think that we are still accumulating for the longer and stronger rally. Many coins have not even reached their ATH level since 2017, and market has many times more money than it had in 2017. I'm expecting a bear market...
Context: I am an amateur trader, feel free to share your thoughts!
I hope to see a correction of BTCUSD. If we see the 50% correction from ATH, we have a very nice potential to see a healthy future for BTC and the 100k mark.
The worst scenario would be a correction to the 1500-3000 price. Which would be very reasonable if the market turns badly too. Good luck guys and stay positive!
I'm bearish this week on 65000.
First of all, I would like to thank all of my followers for your messages, questions and your support! It is unbelievable that in just under a month I gained over 380 followers! 🏆 So, it is Friday - how will we close this week? Although I have seen sooo many people unhappy about the recent price drop, I would have to say: Please don`t worry. It is a good...
In this idea I am doing a fractal overlay from last year's crash. Keep in mind that the crash happened at approx. the same date. I am taking profits and waiting to see what happens with the market. If you agree throw me a like and follow me for more unique concepts and ideas that keep you in the gains.
BTCUSD is currently in a bearish active sequence. The bearish sequence in turkoise has his (C) level in the B-C correction of the red finished sequence with the current new ATH. We have to confirmations that BTC will drop to this level. Very important is that BTC does this move to stabilise future ATH'S. If we take the red sequence correction level and analyse...
As predicted, BTC failed to make new highs, stopping just short of $19,500. The coin has now started an overdue correction. Now it is essential to find where it will bounce back so we can enter once again! Support Levels Finding suitable entry points goes hand in hand with finding the right support levels. The first support level stands at $17,000, where BTC...
Hello Traders We’ve decided to add #BTCUSD to our watchlist for the end of the year. Cryptocurrency is still fairly new to the market and lack regulation We normally don’t trade it due to several factors however, here’s the complete analysis and price points marked out. It’s currently showing #bulls in charge But keep in mind the bearish engulfing also...