Hello friends.🧡 For a long time I haven't published charts with a flight to the moon🐱🏍
Today I wanna show you this wonderful channel, which we're gradually filling from 12 of March .
From 27 of July we successfully fix in the middle of the channel, which gives us a good opportunity to expect rise of the price to...
Lets make this simple! If the price of bitcoin breaks above the triangle and closes on the four hour time frame, assume a retest of the 12.5k or higher. If it drops below, I will make a new chart showing the potential prices to look at.
Trend lines of previous support, and resistance. My basic indicators are the RSI, and the QEMA (10,20,50,200)
Bitcoin is in an ascending channel. Very great Long/Short Opportunites. There are some target points (depends on where it breaks).
Bitcoin Trading Club is created to share valuable trading ideas, charts and to support each other with our trades (Not Financial Advice).
We're back at the bottom yet again on BTC Dominance, expecting a big move up for Bitcoin very shortly, a large bounce on Dominance,
and a huge pull back on a lot of these alts that have been massively rising lately.
We've bounced up fast everytime we've landed in the circle.
If the opposite occurs, which is also possible with this many touches down here,...
X Force Global Analysis:
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In this post, we analyze Bitcoin's 4 hour chart, identifying key areas of support and resistance, as well as probable scenarios based on technical indicators.
- To begin with, Bitcoin has been consolidating within a triangle pattern,...
~~~ A continuation from the previous post ~~~~
Exploring the possibilities >
a_ ABC correction wave
b_ Some harmonic to play out, leaning towards a Gartley or Shark pattern
> 1.271 or 1.618 pullback (Point C could be slightly higher as well to .886 level)
c_ A AB=CD pattern
d_ Another Triangle structure to consolidate before another leg up
The Positive :
The price remains above the primary support and does not break the 3100$ low
Butterfly pattern confirmation:
A weekly candle closes above 11500$
Breaking the bottom of 3100$
This is just an idea, not an investment tip
As per my previous post on ETH.BTC I did mention that I see BTC dropping and doing a ABC correction as per the chart above.
Hence I see the following taking place as I described it in my ETH.BTC post, and that is:
More details here that wasn't covered:
a> Wave 5 completed and ABC correction taking place.
b> We can have it go as low as 10280, anything...
On D1, the cloud is directing upward, indicating an uptrend.
It should be noted that the RSI is above the oversold level (70) and is ready to form a divergence between the indicator scale and the price.
We do not recommend buying BTC.
However, it is worth looking for sales levels after updating the level of 12100.
Our previous plan came true, like many others. At the moment, the price of BTC has increased, and we are starting to gradually sell our fund's liquidity.
In general, the market now has very good volatility - this is due to the activation of medium-term impulse waves for long-term patterns of market behavior.
In the current conditions, we begin to...