Bitcoin will gain 16% more till halving in may, then slowly lose the value with total crush below 4000 in August
MACD and RSI indicate a possible good entry point for a long entry. TP1 @7000 Target is @7500 on the main resistance of the descending channel.
I was just playing around. I suppose it will not happen this way, but if we do follow this trajectory and never break the 10 SMA on the 3D time frame we should hit the new all time high price of BTC by June.
Bitcoin is still in 10week cycle If the price will break 10000 Euro before the Halving, in May then the new crypto rally will start reaching 15-17 000 Euro per Bitcoin. Otherwise it will dump into falling channel reaching 3000 till end of the year.
Marked RSI small divergence from past Nov-Dec. It could be anything. Just for educational purposes. What do you think? Is it a positive signal for the price action or not? Thanks!
BTC finally broke out of the descending triangle it was stuck in for the last 6 months. The recent price movement also broke the 200 EMA which is a good sign that we might have finally hit the bottom on 18. December at € 5.8k. Still that doesn't mean that we are in a bull market yet. The incoming retrace will confirm or disprove a bull market. If we can find...
I'm convinced that Bitcoin will only growth next year. BTC will be in a strong downtrend until February next year like you can see on my charts. Wait for the right moment to buy. Until then stay away from this trade.
BTC - Choppy trading persists - a touch of excitement as we break back above the prior downward sloping trendline from last week, however the market is mindful that $ shorts are becoming more widely expressed and I am awaiting the spillover into BTC via the next key risk driver. Expecting BTC dips to continue to be met with demand/covering interest and a close...
Hi again, and a hope you all are having a great start of the winter season and Christmas coming up around the corner. I cant wait to unwrap my gift from BTC and see if it is a present of joy or of terror. Now, looking back on my previous post and chart with trendlines, it seems that the market price is "slithering" it ways on the downside of that triangle. The...
If this weekend BTC falls below the threshold of 6200 EUR, most likely, it will continue to fall further and the most important supports are at much lower historical values. Today we are in a test of the demand, but I believe that the market demands a lower price. Let's see how it goes on the weekend.
if the falling wedge doesn't go bullish, this are probably the next supports
is possible a touch to 7200 area before rising
Without getting into too much detail right now I’ll come and update later on my tp 1.2,3 timetables & updates figures. I’m way too jaded right now to say anything other than: When in doubt, zoom out ! BUY BTCUSD!! Stop & 10,044$ though I believe we are on par for a new ATH settlknt slmewhre around 12.2-12.8K I’lleg again will update mich more...
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.
At around 2 a.m. BTC bounced on lowest support triggering my stop losses. Bought again at 9180 and fixed lower stop losses to allow higher trade margin. Actual stop loss: Stop - 9100 Limit - 9080 Alerts: 9100 (Stop) 9080 (Limit) 9240 (First resistance) 9315 (Possible take profit) 9515 (Possible take profit) 9800 (Target profit)
TREND MACRO ANALYSIS ANALYSIS BTCEUR, The next level and waves of the market on Coinbase. This is a macro triangle pattern of BTCEUR until today. If bitcoin will go up to more the dynamic resistance (green direction) the operative level of the market for the next days will be in 11.600 and 13.417 Euro. Otherwise (red directions), if it continues in the...
We are obviously after a massive bull run which resulted that price dived into 9k EUR for some short time, but we had a nice bounce back to almost 11k. I have to admit that Bitcoin trade in the recent days wasn't very exciting, more like bears playing on shorts mostly, but without another big sell off, price wouldn't be going down that quickly, so what is...
Bitcoin is currently on ascending line, so wait a bit with getting back to the game till we change the trend. I was suspicious from the beginning looking at Coinbase Pro, where I didn't see people trading but price and volume was going up - bots were buying step by step all on the way to the top, periodically selling some coins back - surprisingly not many...