BTC BITCOIN BULLISH BREAKOUT POST ELON TWITTER PROFILE UPDATE
I think we going down BOYS!!!
BTC has had an EMA cross down on the 4HR, being the 50 and the 200 which is a sign of trend reversal - into bearish momentum - some form of downtrend BTC has fallen out of multiple pennant structure - sellers were winning Positively though we have got bullish divergence forming on all time frames up to 12 hours which will be strong buy back signals For me, 27-28K...
BTC BITCOIN NEW Trendline - 4H CHART BTCUSDC BTCUSDT BTCUSD
The measurement method from the two pennants we have drop us to 25.5k and 21.8k I'm expecting us to have strong buyers in these zones from 28.8K-29.3K, 27.8k-28.0k, 25.5k, 24.4k-23.8k Can set bids in these regions with tighter stops betting on good demand in these areas If not wait for the confirmation of the restest of that level, or likely as it will wick up...
Bullish pennant definitely forming here We have had multiple similar bullish formations on the BTC chart but they haven't really pumped with any volume and have gone up 1k, down 2k, then back up 1k, has been very sideways tending around the 36300-36700 level If this breaks it could be mega, lines up almost perfectly with the 2.618 from the 2017 top to 2018 bottom...
possible short term bearish and bullish scenario bitcoin bearish: upon closing below 34,500, we are heading bearish for the next targets down 28-27 bullish: upon closing above 37,700 we can expect moving toward 52k-58k cheers
Hi there up on breaking resistance 36400, we can expect bitcoin go for the next higher high around 52 and upon breaking the dynamic trendline (blue line and below line ) we can head down to range of 24k to 24.5 k and with considering that we have head and shoulders pattern this bearish scenario has higher probability to play out. this is not financial advice , do...
In the run up to the ATH of 19.6K-19.8K we had 10 strong corrections. Listed below: 1300 -- 32% 22D 1800 -- 15% 2D 2800 -- 34% 2D 3000 -- 38% 35D 4400 -- 19% 5D 5000 -- 40% 13D 8000 -- 30% 4D 11400 -- 21% 2D 16600 -- 24% 2D TOP of 19600 -- 43% 5D From Bitstamp taken from wick to wick of candles - max distance So far we have only had 3 Each about 10% and only...
Evident there is some form of current profit taking 2 scenarios: 1. weakness in the market, we loose the bottom of the range at $36300 and it could dip down to $30300 which is the 1.618 retracement from the 2017 ATH to the next lowest point which was in December 2018 while writing this it has bounced strongly from support of $37200 by $1000, which makes scenario...
40K for BTC. Huge milestone. 1 trillion market cap for the whole of cryptocurreny as of yesterday. But where next? If this 4HR closes green it forms a nice hammer, keeping bullish momentum with almost a 2K wick at the bottom. As a result I belive that would be the end of the bearish divergence leg down However, if we get a 4HR crossdown on the MACD be cautious as...
This market is insane guys It's too fast for me LOL, called a couple bids on twitter earlier when stuff took a little retrace and got into a few more things, e.g. XLM just above 0.27 cents With this price discovery, fibs are one of the best ways to find targets, at least so far this run they have been reliable the 1.1618 level over the most recent breakout play...
Yes guys BTC and the whole crypto market is moving upwards smoothly right now Lots of coins closed above key levels on the daily, XLM, Link, Eth and BTC for example causing buyers to enter BTC has hit the 3.618 fib retracement which was summoned from a recent breakout trade. Not much else to use to create levels of SR at these price discovery levels If BTC can...
BITCOIN Weekly RSI Above 90 for First Time - Need Correction post one more high
im struggling to find the courage to long like others here (at the top?)