After 2 failure dip charts I spent decent time to come up with this post. We headed to 8k usd(1/1.5/2months max) from here non-stop, not 3k or 4k. Don't get trapped. Please thank me if this idea is useful to you.
My Trade Details :
Long at 5k 10x leverage, No Stoploss.(I may change in worst case)
Target : 8013$
Bitcoin retested all the levels during pretty healthy price building if may notice, therefore, seems promissing at this point.
We are in fron 4h MACD bullish crossover on B on Stoch RSI which pretty much bottomed at this instance and provides significant gain right after bullish crossing as STOCH RSI bending upwards.
During movement analysis which pretty much...
The last 6 Bitcoin ATH correction were all characterized by the same 'crash-cycle corrections':
-Bitcoin had always 3 major support - resistance levels (red lines)
- Current cycle support levels:
- 1800$ (expected)
Assuming the current low is the low of this cycle would indicate that the current trendline is becoming 'sharper'...
As I have been saying over public chat we headed to a great bull season 5300 soon with a good pump on feb 23.
Note: I am posting my research and no one on the planet can be 100% sure so I can be wrong too.
Bitcoin Halving :
New bitcoins are issued by the Bitcoin network every 10 minutes. For the first four years of Bitcoin's existence, the amount of new bitcoins issued every 10 minutes was 50. Every four years, this number is cut in half. The day the reward halves is called a "halving".
In 2012, the amount of new bitcoins issued every 10 minutes dropped from 50...
Hi all after Feb 24 dip I published a chart which is the primary reason why we landed on 5k yesterday. Now it confirmed my primary dip which will take us back to 3900.
Short 4x-10x(max) from 4980-4930
Target 1 : 4600
Target 2 : 4300
Target 3 : 3900
This is the most likely scenario for Bitcoin (BTC) in our opinion.
DISCLAIMER: Axsonex are not registered financial advisors and no information we provide is intended as financial advice. It is our opinion and nothing more. This report is for informational use only. Trading and investing in Cryptocurrencies is extremely high risk. Ensure that you conduct your own...
Fractals can be misleading, we see many of them from both bulls and bears. Trusting a fractal is always tricky, but this here sure looks like the best weekly BTC fractal in a while.
1. BTC breaks the downtrend line with a rally to the 50MA
2. Price reverses at the 50MA and goes down to retest the downtrend line
3. The downtrend line now acts as a support, we make...
Shorting Bitcoin for another 4-5% Drop check out my renko charting
I am using my Renko Charting Script + TA for this move, my last 4-6% drop prediction naild it lets see if we can do it again !
Predicting a 4-5% Drop this time
SL would be around $5217
I have spotted an amazing bullish price movement confluence for BTC. In the 1W Chart I spotted rejection towards the 2770 EUR Support Zone, and now the price made a Double Bottom pattern ( A strong price action reversal pattern. ) When I moved on to the Daily Chart I spotted this huge Head & Shoulders formation occurring with a Neckline ( Brake out line) @ 3600...
I've just read some news about what happened today. It's been an Asian guy who bought a lot of BTC and triggered the longs of a lot of computers.
The trick is easy, and I think this is the way he did it,. It's just my idea of what happened:
1st: You buy a lot of altcoins some days / months before the big pump.
2nd: One day, you pump BTC if you have a lot of...
This is more of an experimental scenario, however there is always a probability this could happen. I just won't be too optimistic at this point since we are bearish at the moment and are still making New structure lows and Lower highs, however if we go to $2,800 and start showing signs of reversal it might be time to buy more for the long-term. This scenario calls...
Ive had the luxury of being away on vacation and having had time to think about this and concluded that this is hugely complex in its analysis. This analysis is with reference to my very long term trend analysis tagged.
I will state that im not a coder or BC expert but have a thorough understanding of economics so please excuse any BC misunderstanding in the...