Today BTCUSD reached 55 000 USD in tandem with our expectations expressed in the previous 2 posts. Currently, it trades around 54 600 USD per coin. We continue to be bearish on Bitcoin as technical analysis continues to support this thesis. We think current weakness in the global markets will be persistent in the short-term. Additionally, we think that this...
After the latest moves there is a strategically interesting structure setting up for the year end flows. Here I am tracking a pullback towards $52,000 support for an opportunity to load for the next exchange. In desperation, late buyers succumbed to the fomo which was buying the highs while sharp hands are taking profits (very similar to our latest ETH...
BTC Low risk trade Setup (D1) : trade with low risk only with low position size... We can build position if we go further up. BTC Looks lying aat a good support and a trendline. So i see no reason to open a Long position here...
Look out for a break down of the pattern. Placement of a stop-loss is a very good idea.
BTCUSD continues to move sideways within rectangle formation as bullish trend is losing momentum and becoming neutral. Bitcoin currently trades around 60 900 USD pricetag; and we are currently bearish on BTC as technical analysis on daily time frame supports this thesis. We expect eventual breakout below the neutral zone. Additionally, we expect such occurence to...
Last week we correctly predicted bearish breakout below the neutral zone. We also noted that we expected retest of 55 000 USD price level (BTCUSD stopped its decline at 55 640 USD). Since then price action continued to be choppy. We think it is possible for BTCUSD to retest 55 000 USD price level again in the following days. Technical analysis supports this view...
MartyBoots here. I have been trading for 14 - 15 years and I am here to share my ideas with you to help the Crypto space. Bitcoin & ALT Coins are Setting up for a HUGE bounce and we in CryptoCheck intend to make lifechanging money ALT SEASON IS NOW - DO NOT BE LEFT...
Looks like the 4th wave is complete and we can most likely expect the 5th wave starting very soon! According to Elliott Wave theory we are following these rules: When Wave 3 is less than 1.62, the 5th Wave overextends itself. From research, the ratio of Wave 5 will be based on the entire length from the beginning of Wave 1 to the top of Wave 3. Now we have 3...
Based on my own experience, I can say that the market has started to decline and now the market is dangerous for loved ones who work in spots. So we conclude that people who are futuristic in the market can open trades for themselves and take good advantage of the downtrend.
Bitcoin RSI bullish divergence with goal 61k next week
We are travelling both in a rising wedge and also made a perfect retest of the bullish pennaant. im on the bullish side...
BTC Tops $72-$80k ,(after the bullrun is over) XRP Tops $10-$13
Hi folks! I know I am really starting to look like a "permabear" here, but I am still holding on to my shorts despite a couple of intense days (my short have an average entry of 57.1k). I am taking no actions right now except keeping my shorts, so I guess this is a neutral post. Now, trying to watch the more fundamental picture rather than only T.A. it is easy...
Last targets, $70-$80k, After BTC Tops, XRP estimate $13-$16..............
Hello everyone ! Today the Black Cat Trader is analyzing BITCOIN based on a weekly chart 📈 What we can see : - Prices took support on the 0.5 fib level during the last sell-off back in May 2021. - Then, bounce to the 0.236 and rejected by this Fib extension which coincides with the median line of the pitchfork too.. - Finally, prices took support on the...
BTC Is breaking out of a flag pole pattern and is currently retesting the support. A trade from here is possible with a good risk to reward ratio and it could also be a swing trade.
Hello everyone, As we've seen in my last TA's about BTC, the bullish cycle started even earlier that we expected. That can be only good news. This time, altcoins seems strong also. Take care, keep calm. Thank you, This is not a trading advice, St.Gex
Hello everyone, I am looking for important dates like 30 Sep and the end of each month until Dec, so that we can speculate such moves. Check out for FED in 30 Sep and Bitcoin Expiry Futures Date. We will follow this closely on hourly. Thank you, This is not a trading advice, St.Gex