When BTC surged to touch 49K in the prior move we saw a shooting star candle form with a proceeding downward move. We see the same thing happen on the daily candle close once it hit $53k. We also see bearish divergence on the RSI indicator on the 4hr timeframe. If history is our teacher then a move down should be forecasted in the near term. As you can see from...
Now the issue of time is more important than the price, we have less than 2 months from the halving and the price of Bitcoin is 60 thousand dollars. This strange bull run that eats all the resistances one after another looks like a bull trap before hawing. Now we are witnessing a strong FOMO wave (in the 4-hour time frame, the important resistance of 53,000 to...
Hello friends, we are moving forward according to the previous analysis, but this analysis is for you to find more precise points to enter
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
Bitcoin (BTC) is recognised as the world’s first truly digitalised digital currency (also known as a cryptocurrency). The Bitcoin price is prone to volatile swings; making it historically popular for traders to speculate on. Follow the live Bitcoin price using the real-time chart, and read the latest Bitcoin newBitcoin (BTC/USD) Hits $57k, Ethereum (ETH/USD)...
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
There is a resistance at this current price. Expecting a retracement before another run higher. Shorting bitcoin to target 66700.
BITSTAMP:BTCUSD The Bitcoin is entirely speculation? Fundamentals support the price of it? The Bitcoin is not entirely speculation, it is the price of the fundamentals. The Bitcoin factor indicator is calculated by Bitcoin fundamental factor, it can reflect how much of the Bitcoin price is supported by the fundamentals. The green line is the Bitcoin factor in...
BITSTAMP:BTCUSD Can't you invest Bitcoin for it's price fluctuations too big ? I backtest the Bitcoin long-term strategy using historical data in 7 years, total return is 101, maximum drawdown is 35%, annualized sharpe ratio is 1.99. In the chart above, the yellow line is the net value of account, $10000 in the January 1, 2015, to 1.02 million dollars in November...
BITSTAMP:BTCUSD How much the Bitcoin fundamentals can explain the price of the Bitcoin ? My latest research shows that the new Bitcoin factor can explain 92% of the the logarithm of Bitcoin price. The Bitcoin factor indicator is calculated by Bitcoin fundamental factor, it can reflect how much of the Bitcoin price is supported by the fundamentals. The green line...
BITSTAMP:BTCUSD Can't you invest Bitcoin for it's price fluctuations too big ? I backtest the Bitcoin long-term strategy using historical data in 10 years and new Bitcoin factor indicator, total return is 23K, maximum drawdown is 41%, annualized sharpe ratio is 3.27. In the chart above, the yellow line is the net value of account, $10000 on October 1, 2011, to...
Same pattern already like in first circle: Consolidation at resistance then drop to EMA25. Same Situation now
Now almost every second or third analysis will show you a huge red arrow pointing to random areas to the downside. Let's see what other options we have for BTCUSD. ☝️The main purpose of my resources is free, actionable education for anyone who wants to learn trading and improve mental and technical trading skills. Learn from hundreds of videos and the real...
BTC has been moving up only since January 22 but could slip into a consolidation before the next leg up. With the rate at which BTC is climbing after the ETF approval, coupled with strong fundamentals, investors should consider buying the dips before BTC hits R3
We are at a stage where it pays to be cautious. I've been involved in the crypto markets for 7 years and see consistent emotional patterns playing over and over again. This feels no different. We are not at the mania phase yet but a short term correction is deemed necessary.
BINANCE:BTCUSDT Based on latest S/R and Fib our next support levels will be $37k --> $30k --> $20k. The price action looked similar to June 14' correction so it will be interesting to see if history will repeat itself.
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
on fibbonacci levels i see a dump maybe this happen on this level maybe on next level at orange area. i will try take this short