Bitcoin | BTC - Possible head & shoulders forming! It appears that we are in the process of forming the neckline now. We expect the new few days to be ugly, and sideways at best.
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What is the price for that hard drop to be followed by a bounce?
Im posting up the prices from a historical perspective.
Since it happens very quickly, one must put the buy price in before it happens and then sell at the bounce top for a quick short.
Good luck
Macro Trend: Bearish.
Current Pattern Trend: Bullish.
HVF continuation pattern to the bull side.
Momentum of the legs show strength to the bear side.
Price action showing reduction in volatility in correspondence with the OBV squeezing.
Keep in mind that we are also sitting on top of a previous recent funnel at the moment
A breakout is about to happen ...
IMO BITCOIN will hit $7,000 before or by Tuesday, September 25th.
Beware! The Shorts and Futures may take it a different direction later this week.
#Cryptocurrency #BTC #Cryptocurrencies
THIS IS NOT INVESTMENT ADVICE, THIS IS JUST MY OPINION.
-ADUMB-
BTC is trading at $6730 , atm the RSI from 1H to 4H chart in overbought , we should expect a test of the support near $6500 then re-test the downtrend line at $6850 , after that the final crash come with strong support at $5200
This just a very quick 4 hourly view on bitcoin.
I'm expecting a bounce in the 7700 - 7750 or a bounce in the 7300 - 7588 range.
Inside the latter range, if you held a gun to my head to see where we would bounce, my bet is on the 7370 - 7400.
This is further reinforced with the appearance of positive divergence on the 4 hourly, this divergence appears on all ...
Welcome.
Last idea/trade is closed and we are on to the Next.
The last one was the most accurate trade in the history if tradingview.
Anyways lets keep doing good trades. I will keep updating this idea
as we go along.
As we said in the last idea, if the trendline was broken, we will Shift to becoming a bear.
I have entered a small position, at 6,8k With ...
This is a deep analysis on Fibonacci retracements, Korea Volume, Futures closings, Tether, CNBC and why I believe that $7500 is the most critical point for Bitcoin all year and if we break it, we are moving into a strong bull market and if we fail to break it, we will head back down towards the $5800 levels and possibly lower.
There is a significant fractal ...
All in the graph.
for peoples missunderstand this.
just meaning SHORTS are weakers and we start to be bullish for now.
by the way., don't look the timeframe, for future price anyone know where the price gonna be pushed and when.
Happy Tr4Ding !
BTC/US
Everyone would like to see nice bull run and make fortune (me too), but please, get rid of your feelings.
Shortly:
1. No ETF in the near future
2. Goldman Sachs trying to push down the price
3. Moving in falling wedge
Only strong fundamental could possibly change direction to BUY for long term... This is not advice, just my opinion.
There is beauty ...
Yesterday showed just how indecisive this market can be while we remain wedged inside this Bitcoin no-trade zone. The price crashed from around $6320, down to a low of $6106, followed by a powerful bounce to $6517, before consolidating at around $6400. Good time to sit on hands.
I think the market is currently in limbo until the SEC announces the Van Eck ETF ...
I believe that it is possible to beat the market through a consistent and unemotional approach. This is primarily achieved through preparing instead of reacting. Click here to get my complete trading strategy and click here to learn more about how I use the indicators below! Please be advised that I swing trade and will often hold onto a position for > 1 month. ...
