Bitcoin (BTCUSD) is on a short-term pull-back and much of the crypto community casts doubts again over the recent rally and if this is indeed a new Bull Cycle or a bear market counter trend rally. In times of short-term uncertainty we tend to rely our channel on the long-term time-frames and for BTC in particular its historic Cycles. Those are patterns that have...
Hello guys Im here with another Trade time I see Wave (-C-) so it can move down lets wait to see if green side breaks
Bitcoin (BTCUSD) has been on a strong recovery since late November, following the FTX crash but is doing so on Decreasing Volume. This is something that has gotten many market participants worry as decreasing volume during rallies make the trend fragile. A simple look however at past Cycle bottoms is enough to provide a good understanding of the current...
The close above the sma will be the targets as shown to you above, and if it could not then the targets will be below shown Here we have support and resistance as well. Watch them all and make decisions to enter and exit
This is an interesting analysis on the 1W time-frame of Bitcoin (BTCUSD) against the GOLD/SPX ratio(blue trend-line). The conclusion that this comparison offers can be very valuable. As you see, when the GOLD/SPX ratio peaks and starts pulling back, Bitcoin starts the Parabolic Rally of its Bull Cycle. At the moment the GOLD/SPX ratio is on a Channel Up similar...
Bitcoin (BTCUSD) is above the Multiple 3 (black trend-line) of the Fibonacci MAs for the third straight 3W candle. Every time it did so, the price always hit Multiple 4 (yellow trend-line). This level is now at $43300 and rising. Do you think this is BTC's next target within a 6 month time-frame? Feel free to let us know in the comments section...
CRYPTOCAP:BTC #BTC HKEX:28 ,298 support in effect, HKEX:28 ,781 resisting as expected. Last 4H closed bearish. HKEX:29 ,199 support must be regained, Watch given S/R
CRYPTOCAP:BTC #BTC Dived to HKEX:28 ,298 breaking HKEX:29 ,199 support. Should be able to hold HKEX:28 ,298 support. Today's daily candle following up gravestone doji from last 1D close. Initial resistance HKEX:28 ,781.
CRYPTOCAP:BTC #BTC Struggling to hold HKEX:29 ,483 support, HKEX:29 ,199 support holding. 1D closed very good, a good follow thru can send to test HKEX:30 ,002.
CRYPTOCAP:BTC #BTC Not looking good on current 4H, HKEX:29 ,483 resisting, Current support at HKEX:28 ,781. Saved on last 1D close. HKEX:29 ,483 support needed to retest HKEX:30 ,002.
Bitcoin (BTCUSD) is rebounding off the 0.5 Fibonnaci Lower Lows trend-line that provided Support numerous times during the previous Cycle but when it finally closed a 1W candle below it (June 06 2022) it started the final bearish sequence. Currently this is very positive for the upside's chances and if BTC manages to close a 1W candle above the 0 Fib, we can see...
CRYPTOCAP:BTC #BTC HKEX:27 ,994 resisting as of now, support at HKEX:27 ,478. Bullish engulfing on last 4H close, current 4H looks fine with 28 mins left to close, HKEX:26 ,650- HKEX:26 ,333 test possible if breaks HKEX:26 ,963. HKEX:28 ,298- HKEX:28 ,590 next resistance area to watch
Looking at it the price of bitcoin has grown to our daily order block and has reached the equilibrium of the order block jumping to a one-hour timeframe we can see a weakness that the price what to reverse in the short term to efficiently deliver the price to 28600 level this is my low handing fruit objective to take a trade to, from there we can see a further...
It is not the first time we look into how the Chinese bonds (with our unique CN02Y/CN20Y ratio displayed by the green trend-line) affect Bitcoin's (BTCUSD) Cycles: It is however the first time we add stocks (S&P500 with the blue trend-line) in the mix. We can see the Cyclical behavior of the bond yields ratio as illustrated by the Sine Waves. Every time it...
CRYPTOCAP:BTC #BTC HKEX:28 ,298 resisting, on HKEX:27 ,994 support. Daily closed following up to bearish engulfing from Wednesday, Must regain HKEX:29 ,199 as support to resume previous climb.
its like the ETH analysis. at least I think it will touch 24 zone. make yourself ready for short positions and from here( G wave) as I said I will sell my bitcoins.
CRYPTOCAP:BTC #BTC Regained from HKEX:29 ,199 support helping most alts to gain key support. Current 4H struggling to follow thru bullish engulfing from last 4H close, 1D closed good with bullish engulfing, time to see if it will follow up. HKEX:30 ,623 resistance holding.
CRYPTOCAP:BTC #BTC Last daily closed bearish, current 4H looking very good with bullish pin bar has 5 mins to close. HKEX:29 ,199 support in effect as of now, HKEX:29 ,483 initial resistance, HKEX:29 ,742 support needed to reattempt at HKEX:31 ,010.