As the title states CRYPTOCAP:BTC shows a bullish pattern of an ascending triangle. Once we get a break of the shaded rectangle we can look to entry long with our stop just below that area. Looking to ride this into ATH and targeting roughly $75k to $80k. trade safe!
Straight to it, so we have been in a correction since the ATHs, Correction since 11 march to 17 march, We have seen a correction cycle extended, resulting to a WXYXZ, now expecting the bull cycle to continue with 67K the entry price for long orders and those accumulating then can buy and HODL, which would see us landing at 80K or above. NFA as always.
Sometimes I add a bit to what I have thought. Technical Section: Wave 5 has two different relationships: 1- If wave 3 is less than 161.8% of wave 1 -----> the 5th Wave overextends itself. 2- If Wave 3 is greater than 161.8% of wave 1 -----> Wave 5 = 100% , 161.8% or 262% of wave 1 As shown on this chart, wave 3 is less than 161.8% of wave 1, as a result,...
## Bitcoin Poised for Surge? RSI Hints at Upswing Technical indicators on TradingView suggest Bitcoin may be primed for a rise in price. The Relative Strength Index (RSI) on the 2-hour timeframe, which measures price momentum based on 14-minute intervals and volume, currently sits at 48. This value indicates that Bitcoin is neither overbought nor oversold,...
## Bitcoin Poised for Surge? RSI Hints at Upswing Technical indicators on TradingView suggest Bitcoin may be primed for a rise in price. The Relative Strength Index (RSI) on the 2-hour timeframe, which measures price momentum based on 14-minute intervals and volume, currently sits at 48. This value indicates that Bitcoin is neither overbought nor oversold,...
Base on the current trend, NASDAQ:COIN about to make a local final push that will make most retailer euphoric and buy the top. RSI might be oversold atm but in my opinion the momentum is still very strong. I am very confident that there will be a surprise news in the nearest future that will cause this final push IMO. This is not financial advised so #caveat...
Been MIA, but this isn't what I think will happen this is going to happen. Price discovery at these level plus the unknowns of the ETF momentum, I conservatively would say 77k, 80k isn't off the table but price discovery and the sell pressure on historical new aths is tricky with extremely liquid and volatile price action. So 77k is were we are looking at the...
What you think about BTC , is btc going to 100k or it will dump once 80k usdt reached. If Btc stable above 70k - 72k then we can see good rally in Alt coins. If you want trades follow me I will post if any good setup I see,so you can take trade according to your risk management.
If History Repeats We Will See BTC At $89900 Between 18 April 2024 to 22 April 2024 drive.google.com
Bitcoin is expected to strengthen further after a minimal correction. Fibonacci levels provide support.
Hey everyone, just messin around with random ideas. Who knows, honestly just wanted to publish this because it might just work. Some close numbers in the previous two bear to bull cycles. I just measured the highs&lows of previous cycles along with duration. The numbers for the two previous full cycles were pretty close, so I just mapped the average out for our...
Trade idea Bitcoin - 24h expiry - We look to Buy a break of 65600 (stop at 64000) Short term MACD has turned positive. Short term momentum is bullish. We look for gains to be extended today. Price action continues to trade around the all-time highs. A break of the recent high at 65525 should result in a further move higher. Our profit targets will be 69600...
Let's see if this might be similar to previous bear market.
Bitcoin has a insane large descending triangle or wedge which already broke out from the upside and will have a bullish continuation until end of the year most likely. S&P, Dow, Nasdaq have all a large descendinge broadening wedge which is ultimately bullish. Momentum is being built up and we can foresee a sudden but steady rise as well. Gold has been hammering...
We're now formalizing consolidation triangle which is mostly telling us about to continue of the trend, means that we're expecting to continue to grow. So by growing we're reaching the resistance of ATH, I think after that we are going for correction, or we're going for correction after breaking ATH. You thoughts guys?
( I mentioned the time analysis in the last paragraph ) very important In the previous time analysis, one day correction was correctly recognized and most of the altcoins had a sharp drop of 20-30%, but the support was well done and the entire drop turned into a shadow to prevent the market from bleeding. Due to the extreme greed in the market, the analysis of...
On the short time frame we can see a triangle forming, look for the breakout to go above 68K. Take profits at; 69852 Caution, the market is very volatile at the moment, expect BTC to have big moves down once it reaches 68K. Do not over leverage, use a stop loss. Follow out channel as we will be giving signal in the near future!
📈 **Analysis of EZ7_strategy** 🏆 In this comprehensive review, I have meticulously examined the confirmations provided by my trading strategy (based on price action) and have drawn the following conclusions. 1. The initial analysis suggests patiently awaiting the attainment of the channel ceiling, with a subsequent observation of an overbought condition in the...