Bitcoin (BTC/USD) weakened early in today’s North American session as the pair depreciated to the 13072.79 level after trading as high as the 13250.00 area earlier in the North American session, and as low as the 12950.00 area in the European session. Stops were elected above the 13117.18 area during the Asian session, a level that represents the 38.2%...
Hello everyone, Good afternoon!
My thoughts about BTC in the 4 hour. Im thinking we may be going sideways for a few more candles, maybe up to 4? (Neutral), but at one point we are going to have to breakout of this squeeze. We are being squeezed between the 200 MA and the 21 MA and the bearish trendline acts as resistance as well. It seems to me that if we are...
I saw this fractal a moment ago and all count is valid as elliot wave theory perspective.
At first wave in 2015 i saw "double bottom" before parabolic run. Which is second bottom higher than first one.
Same situation is here. Now according my count it should see $21200 before new year.
And there is a possibility that it can go $32100.
Always i am waiting on...
Hello everyone, Andrew here, needless to say that we look bullish. We have a couple of hurdles (resistance areas) to get past before heading to all time highs.
Keep in mind since 2013 October has averaged 32% increase, in fact 5 out of 7 time we hit over 32%. So that said, I'm thinking there's a good chance we are heading to around 13.5k to 13.8k (8 POC point...
Hello everyone, here's a new BTCUSD Chart for today, hope everyone is having a great weekend. I'm feeling bullish, maybe a few more hours of sideways action (accumulation) then bust out? I'm following the trend so I call upward. BUT, it could go either way, so remember to set your stop losses accordantly and always remember to take profits. We should have a pull...
BTC/USD has created a symmetrical triangle pattern. It's taking reversal from the resistance trendline. Technically, it will keep falling. Day traders can keep selling BTC/USD for the target of 10630 - 10560 levels.
Short-term investors should wait for a divergence from the entry point. It will start flying soon for 10900 - 11200 - 11400+ levels. But,...
Wow, was that a pull back or what? lol. Always keep your stops up to date. Anyway, It looks like we're back in the pattern and under several resistant lines now, the 100, 200 and the trend line. That said, I am leaning bearish with a possibility of dropping to the bottom of the pattern, which is the lower green trend line.
I do have hope for...
The scenario I'm sharing with you can be used if certain movements occur.
The idea is only based on 1/4 of a pattern that occured 2 times since the March crash.
I am comparing the patterns from left to right.
All patterns seem to start with a flag after a run-up, an over-extension and dump back into the flag. From there the price slowly moves higher...
-Now I believe this is the first movements of the bull run.
-Everyone buys when the market pumps (they buy to late, mid pump or at the end of a pump)
-Big drop to 7500-8000 to get everyone out of the market (everyone is scared to buy in major dips)
-COVID-19 has caused and will continue to cause one of the biggest finical problems the world has seen. (hard assets...
BITCOIN (BTCUSD) has shown a complete correction of the second wave at .786 and has began the third bullish impulse. Going forward, I expect the third wave to end around $40k before the fourth correction and the fifth wave to end over $50k+.
This is only an idea and must not be taken as a trading signal.
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BTCUSD 1D-TIMEFRAME ANALYSIS✨
Hello ladies and gentlemen
This is my new idea for the Bitcoin
My idea is that the pair will go higher
I hope my idea is clear
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Greetings to all cryptomaniacs!
Let's analyze the price movement of BTC and analyze further expectations!
The price moves within the ascending channel and has reached its upper border. The corrective movement within the wave has not been completed yet. And until the price breaks through the level of 11740 above and below the level of 11134, all this movement...