If this is not corelated, I don't know what is :p Let's hope both are topping soon so we can finally witness the 6-figure territory that we have been waiting for so long.. #HODL
If you've read my analyzes in the past months, you know that I'm bearish Bitcoin and the Crypto market in general and although I've had some short-term buy trades, my overall bias remains unchanged: bearish on the medium-term. In my previous post, I draw attention to a large bearish flag visible on our daily chart. Now the price is under 40k and more importantly,...
This idea supports the idea that these two tops that have recently formed on BTC will both act as tops Demonstrating this using an earlier structure that is very similar but kind of opposite The assumption is price will undergo the large down wave on the red bars pattern
Here is my view for BTCUSD on H1. The price could go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Hey guys, I hope you all are doing great. Here's a quick update on BTC and the market. BTC is back in the support level after getting rejected from resistance level 1. Can we consider this as a second chance to buy BTC at the bottom before the higher rally? Well, for this we need to look for confirmation and that would be a bounce back from the current support...
I have bee wanting as have we all, but to let it drop, to sell, to buy back, its' a lot. I have my buy zones and if goes under i'll buy more. Infrastructure is become undeniable.
Hello Traders, There is support on 39500 level. If current candle will be close above or bellow this level, we will have movements of the price. But likely price will continue to drop. For more precise entry change TF to lose one. Upper side is “protected” with trend line - breaking trough the TL will be the signal to open long position. Vertical line indicates...
Bitcoin is following trend, my guess is it will touch 70,000, all-time high before falling on a lowest point in years.
Bitcoin - one more deep before the last move up and then we migh be visiting 10k level again!! Time will tell =)
Everything is indicated on the chart, until we break through the buyers' zone, there should be no concern for those traders who bought, the seller's previous zone was pushed, the buyers' zone is on the defensive.
BTC managed to pump towards the $43k level but could't sustain the growth. This pullback was imminent with all those bullish charts being shared in the community. Late longs are trapped and it's time late shorts to be trapped too. Once it happens BTC will be ready for the rally. So far the point for bounce still remains the lower trendline support. $38.5k (wick to...
$BTCUSD BTC chart with alternating repeating channel widths. I've used this for many years and figured I'd finally share the love. It's weird you know, it's almost like a bunch of math nerds designed the mean long-term behavior patterns of the chart, almost looks protocoled. Must be a coincidence. @RCD
$BTCUSD BTC chart with alternating and repeating channel widths on log scale. I've used this for many years, with buy zones whenever price enters green price channel or green RSI area. Figured I'd finally share the love. It's weird you know, it's almost like a bunch of math nerds DESIGNED the long-term behavior patterns of the price chart...almost looks...
This is a buy/sell indicator which has been quite accurate to predict long-term price action on higher time frames. Every time candle closed with a sell alert, Price dumped over 42% so now we see the sell signal popped up plus we have a death cross nearing which will further confirm the downside towards $23K. I am not saying this is a sure-shot thing but this is...
bullish QM patter for 4h timeframe i expected we are long for 58000
Hello good people , this is a nice btc setup with fantastic risk reward RR : 1/25 entry : 39770 stop loss : 38900 target : 65000$
Price action is developing a harmonic 🦋 Target of this is $57,329. Invalidation of this harmonic will be price going below $38k level or consolidating for a longer period of time. Although it looks we will touch $44k level and pull back but sometimes you cannot anticipate the movement of BTC and it surprises you.
Elliott wave analysis on bitcoin, if this scenario is true, we're currently in a wave 3 of C of D in a big symmetrical triangle correction. In addition, if it copies the 40-69k pattern, we could see it reaches the 60k+ zone in a month.