#BTC At The Long Term - As we note, the downtrend was broken with a strong candle up #Morning Star - We expect a strong long-term rally from this point - In the short term we expect some correction Please share your opinion in the comments box and do not forget to press the like button
The Positive : The price remains above the primary support and does not break the 3100$ low Butterfly pattern confirmation: A weekly candle closes above 11500$ the Negativity Breaking the bottom of 3100$ Note ! This is just an idea, not an investment tip
The market dominance of bitcoin is shrinking means bitcoin buyers are finished and now all is flowing into alternative crypto coins with similar FOMO Rally like in December 2017. Most cheapest altcoins with at least 1million Market capitalisation and 100k Daily Trading volume will rocket up to 10x. Short Bitcoin buy Altcoins - this is your chance, that happens...
Hello Traders. Since TradingView does not offer the values of key interest data in terms of specific values for Google Trends (the amount of people interested in Bitcoin?), I have decided to create the graph myself via the data pulled from Google's keyword trends for the search term, "Bitcoin". A small disclaimer: this graph is not drawn to perfect scale. It is to...
Similar to March there will be a one week window to sell before the parabolic crush will start, that will be worse than in March. In March it was just a psychological crush - fear from uncertainties... Now there the real effects of lockdowns with millions of bankruptcies worlfwde will be visible. As well -no vacin till end of the year -new lock downs -oil war...
Looks like momentum is slowing down based on lower highs on RSI (4 hours) and backtesting previous patterns on the 4h chart. I'd expect choppy action to continue for while (further relief for ALTS), followed by a sharp 20% selloff as soon as price converges with the 200 EMA. 2 levels I'm looking at are €11500 and €10600. (Not financial advice. Just some ideas. :)
Last times Bitcoin were above 10 000 it was no more than 50 days. This time the 50 day period ends on 10 december. If this will hold most possibly we will have a new rally to 40 000 Otherwise the crush to 4000
Hello Traders. After yesterday's mildly successful pump, we were again met with a strong rejection off of the prior double top - now creating a triple top. What does this mean? Well, it can mean a lot of things, but let's leave all of the technical analysis behind and find one other way to find the tops in terms of price action. I would like to introduce to you...
Bitcoin is currently printing a massive triangle formation... you need to see the forest, not just the trees. Bitcoin will keep consolidating until breakout. I know it's not what you want to hear, as it's still some time away, but long term weekly chart shows that this should occur mid-2023 and in the meantime you should be able to consistently scalp for the next...
We are currently retesting the top side of the triangle at 13350€. Waiting for a confirmation above 13400€ with sufficient volume to open a LONG position. This break-out could lead to a continuation move to 14400€. If we break to the downside, we will have to re-evaluate the situation. Good luck! And of course, this is not a trading advice.
Looks great for the long term. Sit back and enjoy the ride.
I think BTC will aim for a correction after hitting that support.
Here, we would like to discuss the bearish scenario. My job is to make sure that everyone has an understanding of both sides of the spectrum when looking at the market. In this analysis, we will be looking at the higher 1D timeframe, as it is now showing strong resistance - we have now reached a key milestone resistance at $16,000. This is now the make or break...
Bull Flag : A bull flag forms in bullish trending markets - and we may be entering one of the biggest bull markets after 2018. After a strong bullish movement when this pattern forms. it signals the market that the price is likely to move higher via continuation patterns. A continuation pattern is a measured move (please see the chart above on the left). How to...
IF WE BRAEK THE STRONG RESISTANCE, WE COULD SEE A POSSIBLE PRICE TARGET ROUND THE €3600.
MartyBoots here. I have been trading for 13-14 years and I am here to share my ideas with you to help the Crypto space. Bitcoin Bull Market is here right now Bitcoin Is Very Bullish right now and will move a lot higher If you want help trading Bitcoin or any other ALT coins hit me up , We will improve your trading There is life changing opportunities soon ALT...
Since we closed above the 2019 highs, it is very unlikely that we fall back below that levels again, at least not in the immediate short term. It seems obvious that we move higher. But it would be equally unlikely that we wouldn't re-test those levels in the near future. The question is now, from where we might retrace. The RSI is still looking good and leaves...