Breaking out of consolidation, BTC broke out to take some short stoplosses yesterday. The current move looks like continuation is in play. Possible touch in the outlined green zone in the chart which would trigger buy setup.
True it is scary to see the BTC run as crazy down. It is difficult to remain calm and choose to maintain positions. For some it is late to sell, for others it is early to enter. For those who remain it is panic. Panic selling is lurking.
Inside the bearish channel - Possible next support to enter long The downward movement could bounce on the next dynamic support identified by the new bearish channel. The Collapse is very fast and marked so it could continue. It's bizarre and unpredictable at the moment. However, it will be a great opportunity for those who succeed in entering the right moment,...
BTC Break down of the triangle. Soon A good opportunity to enter. BTC downward movement towards 8.1K Euro ÷ 7.6k Euro. An adjustment that breaks down the horizontal movement that had lasted for days. The market will prepare for the next rebound. Wait for confirmation of the next supports at lower levels to enter BUY (8.1K Euro ÷ 7.6k Euro). The rebounding...
We are still in an internal WXY correction. Wave 2 is expected to go between the 0.5(7484.15) and 0.618(6374.01) of wave 1 (The whole swing from 2780 to 12180) The channel is still holding. We have two connection points on each side which make it valid. The median line of the channel is acting as support at the moment We have a strong structural Resistance Level...
-TECHNICAL ANALYSIS- Despite the downtrend since December, we are still above the main upward trend channel, which we could re-enter till July (red ellipse) but there are two strong support lines that have to snap in order to see a further downtrend: the 0.618 fib retracement of the former 12345 Elliott Wave and the 0.618 fib speed retracement of its start...
Will history repeat itself? In November 2018, the SEC's communications and the uncertainties of the moment brought down the value of BTC by more than 50% before the next Bullish moment. Today the conditions are very different. Let's see what happens. In the case of a possible simulation.
The expected wave Use the nine square for Gann Take a look at the previous analytics thanks for your support
Use the nine square for Gann I think this is the next wave of bitcoin Do not buy or sell now I will publish another analysis showing the selling area Don't forget to support my by pressing like Thanks
We are at the end of the triangle. Soon we will be able to attend either a big bullish or a super bearish. I believe more in a rising phase if the dynamic support traced by the side of the triangle will stand. Bitcoin and technology are becoming increasingly popular and bitcoin mining costs and related industrial activities are in full expansion. Let's see if it...
Breaking $BTC down into quarters.. Q1 ~ Alts ran all of quite impressively from New Years Eve pretty much until April 1st. Q2 ~ Literally day 1 of Q2 we mooned, and found the top at the end of it. Q3 ~ We're here now, Is this re accumulation or distribution? BAKKT launches in two weeks just before Q4. Q4 ~ What do we think is going to happen? Interesting when...
A possible long position in the next 9 days up to 10k Euro, around the value 0.5 of Fibonacci.
no fantasy no fairy tale Short