Evening Trader’s Today’s Technical Analysis – BTCUSD – entering a new range by breaching structural resistance, a trade will only be valid with a retest of structural support (long) and or break (short) with a bearish retest. Points to consider, - Strong bull trend - Retest of High time frame structure - RSI overbought - Stochastics momentum up - Strong...
1D Chart Local Support has been tested and the quickness of the tests enhances the quality of the Support zone. Buying 30% position here with stoploss below the Local Support. If price action do not hold the Local Support then we are most likely to see price in Accumulation Zone. 4H Chart Price breaking below parallet channel and if it reclaims it and breaks...
Current scenarios on the 3 day chart: After the big 3 day candle which closed yesterday, we're now waiting 3 days for the current candle to close. A close near current price will create a spinning top or indecision candle, which will suggest a strong move upwards (see blue box) Alternatively as per red box: possible dip to find support around $7425 as a...
you see Bitcoin was able to break Red Zone. The Red Zone was established on Feb 13 so we can jump to Brown Zone (8187-8207) now resistor: 7989 , 8009.5 , 8010.5 , 8016 , 8026 , 8034 , 8074 , 8149
TradingView won't let me type any description as apparently I'm 'breaking house rules', whatever that means.
I've been using Gann fans more. The pretty colors fill the void in my life caused by the coronavirus lockdown. Feeling cute. Maybe I'll get back to doing the C.R.A.P. Analysis I usually do... IDK.
Looking at past BTC halvings, we see that we do not have a trend. For something to become a trend you need 3 times to have same-similar results, and we only had 2 evenings so far. That said, I was convinced, till I did not look myself, that BTC had fallen 50%+, but it looks like it was not the case. We had fall little earlier than halving, and on the second time,...
Call me crazy , but this is a bull flag. Something is happening here.
Hi, Analysis for BTC price over the next 3 months. It is known that in such long analysis nothing is accurate, it is only an outline of the trend of following the BTC course. This is a plan that may change slightly. Greetings.
Please Like and Follow First. Buy Back I - $6425 - $6280 Bull Flag Support + Bullish Gartely Pattern + Previous Trenline + 0.382 Fibonacci Retracement are coinciding a Support Zone ( $6425 - $6280 ) It's Targets are ( $7450-$7650 ) If Breakout of Bull Flag then Target extends to $10,000 + Stop Loss : $6100-$6000 Buy Back II - $5900-$5560 Break below from...
Bitcoin prediction made on 12/29/19 March 2021 BTC will be priced at $110,000 Almost certain that BTC will be priced at $90,000 by end of 2021.
possible structure for BTCUSD the "C" wave is not completed yet. after that, we have a bullish wave (as "D" wave) again. if any changes appear, i'll update it
BTC/USD LONG ENTRY 1 $7,148 & ENTRY 2 $6,994 SL $6,713 TP.1 $8,268 & TP.2 $8,768 TP.3 $9,086 & TP.4 $9,468 BTC/USD moved higher to the 8158.25 area during yesterday’s North American session, a shallow retracement that was well below the 38.2% retracement of the depreciation from 9214.67 to 7630.00. The resurgence of BTC/USD weakness was hastened by the election...
check out my links for full mansplaining I think I nailed it Fam
How about you? Are you long or short? Which side are we gonna break on with the halving that's coming up next?
-BTC could bottom, as usual, on the 200 weekly MA - before, during (on the same day) or shortly after halving -Halving is over-hyped socially, but no one will FOMO or market buy BTC just because of it -Daily oscillators look like they want to go down -Volume is decreasing -Halving would bring volatility, so a quick dip to 200 MA could wake bulls for the start of...