We closed the weekly candle above 54280 and that gave us the buy signal from weekly super trend indicator which has never been wrong historically! Combining that with Bitcoin Log Growth Curve & Fundamentals such as Taproot update date makes hitting $140K in mid November as a very possible cycle peak with same parabolic move style back in 2013/2014 double...
Will Oct be the start of yet another leg down in the entire crypto market? Can BTC break below 20K GET READY FOR A RETEST THAT WILL SHOCK THE CRYPTO COMMUNITY SAYS BITCOIN GORILLA🦍, Today 6th oct BTC is encountering a big phase that could affect the upward move recovery/ My analysis has been pointing 20k since April 1st, and I am still 100% standing on that...
Hey guys. I've spotted some nice indicators on the BTC charts and they do appear to be lined up well so I feel more confident in more upside continuation. MACD suggests a small pullback , HOWEVER , RSI is showing some bullish divergence... THEY CAN BOTH HAPPEN and I think they will. So as you can see on the chart, this has a good chance of creating a nice...
price in a falling wedge pattern wait for the breakout or breakdown then take an entry In my opinion, BTC give breakout hold btc
next stop for bitoin seems to be around the $58000 mark. we might see a fakeout to the downside to around $39000 and then a huge leg up as we break out of the falling wedge which we are currently in
So what are the bears holding in their hands ? The same recycled China FUD? FUNDAMENTALLY SPEAKING HERE... I don't think the bears have enough and I think more upside IS INEVITABLE but could we take a little drop first? MAYBE! It could be a quick wick and be gone instantly. Or we could drag on a little longer BUT, UPSIDE is coming. This is a LONGER TERM TRADE...
btc best to take long position . This a last market correction don't miss this this time a take long position . price reversal point 39000k so buy in dip
So, the decreasing volume in BTC Daily Chart, RSI having bearish divergence played REALLY FAST but we have the major support levels marked. Here is the detailed analysis of BTC I did on August 21, 2021: Also in this chart below: We can see a broadening wedge type of pattern which is neutral pattern but we see where the wedge breaks out. In this...
BTC bullish because the golden cross golden happen in 5 days then BTC pump this dump is a market correction so don't take it seriously BTC bullish but BTC take time to pump 4,5 day
price going to touch again 42000$ wait for breakdown of the flag patter then short BTC
first, i want to tell you don't panic BTC is super bullish this time don't sell in panic It is just a market correction all think good in just a few days wait for the right
This is a follow-up from previous day BTC analysis. From a daily timeframe view, we have seen solid red candle bodies with substantial trading volume backing it's movement. From a 4-hourly timeframe view, we can observe short-term seller exhaustion. As such, in the coming hours, we are likely to observe price retesting 48700 ~ 49300 levels. Depending on the...
What do you think? Is it the turning point for Bitcoin Price Action or Bitcoin's Flight to the Moon is halfway? Comment down. Here is what my analysis says: 1. Rising Wedge Pattern on Daily: Starting from the start July 21, 2021, Bitcoin started formation of rising wedge - First one smaller timeframe (4h): and then on Daily Timeframe shown in the...
Updated my BTC chart from start with all previous cycles, log scale Bitstamp BTC/U.S.Dollar
August Capitulation: Fractal taken from prior capitulation in March 2020, lines up with the Gann speed fan & prior all-time-high Capitulation > Cycle Top: The time between the two would be 12 months exactly which is necessary to qualify for long-term capital gains tax in the US Elliot Wave Theory: Remains validated Fibanocci Indicators: Circles, extensions &...
Past long weekend avoided the traditional price drop and put Bitcoin Price in Bullish Channel. Seems like the Bulls have taken over. Comment your thought?
Looks like this is a possible harmonic in the making. The reversal zone should be around 31.5k. I would trade the FIB levels on the way back up but, there is a good chance that we won't see lower levels.
Could 28k be the bottom? I mean, china usually bans BTC and then it pumps after that There is a lot of FUD and many people are expecting a 20k btc. Is it possible that china and the whales have already started buying btc back up? Now to TA: A lot of short term bullish indicators We broke out of a falling broadening wedge which was caused by an inverse head &...