✅Bitcoin moved as I expected in previous posts and was able to touch the upper line of the Ending Diagonal again ( MicroStrategy helped in this movement by buying $600 million of Bitcoin). 📚The Ending Diagonal Pattern ( Elliot's point of view) is the same as the Rising Wedge Pattern ( Classical Analysis point of view). 🌊According to the theory of ...
I took a short based on my gann analysis You can check my full analysis in related ideas!
🏃♂️Bitcoin re-entered the 🟡 Price Reversal Zone(PRZ) 🟡 and is currently moving in this zone. 📈If we look at the chart from the view of Classical Analysis , it seems that Bitcoin has succeeded in forming a Rising Wedge Pattern . 🌊In terms of Elliott wave theory , Bitcoin seems to be completing wave C of the corrective Zigzag(ABC/5-3-5) structure. 💡Also,...
Remove the noise. I marked clean support for Bitcoin. We can see two support zone: 35.955/36919 first and 32.685/33.482 second. Both area around 1k USD. If we will touch the second area before touching 41k... Image the bloodbath ...👀
Btc/usdt Bitcoin is currently trading around 38.1k, moving within a rising wedge on the 4-hour time frame. Possible scenarios include a potential rejection upon testing the upper resistance line of the rising wedge, leading the price towards the support line within the pattern. Alternatively, if the price surges and breaks above the upper resistance line, the...
BTCUSDT D1 - the price has been consolidating for more than a month in an ascending channel, which makes it possible to work only from the borders. A more likely outcome to consider buying is to wait for a correction from this channel to the levels 33200-31800 H4 - For purchases, you can consider entering from the border of the lower trend line to the...
Hi Traders, I will keep it simple, this is not a reading course, just check the chart and understand. Bearish signs Weekly candles showing weakness after massive green candles, doji and little hammers appear at the top. Stoch RSI is clearly representing us that there must be a decrease in price, but to what level? That is why i use Ichimoku Cloud. Probably, we...
💡For the umpteenth time, Bitcoin is trying to break the 🟡 Price Reversal Zone(PRZ) 🟡 and a cluster of important Resistances (Pivots) . But in my opinion, Bitcoin needs to have a deeper correction, at least up to the $34,000 price channel , to break this critical area. 🌊In terms of Elliott wave theory , Bitcoin seems to have completed its five-impulse wave at...
38k tagged, I have a bearish outlook on BTC. Break out of the range and then return into internal range liquidity. I'll see to buy back at the lows. Will it work? We'll see.
✅As I expected, Bitcoin could NOT break the previous Top and important 🟡Price Reversal Zone(PRZ) 🟡. 🏃♂️Bitcoin has been moving in an Ascending Channel near the 🟡Price Reversal Zone(PRZ) 🟡for the past few days but managed to break the ascending channel and Support line(1) a few hours ago. 🌊According to Elliott's wave theory , all the waves inside the...
BTCUSDT has been following the weekly resistance. Anticipating a dip all the way to next support - 29k levels, before a pump to breaking weekly resistance zone.
Here is my view for Bitcoin at the moment! TBH i went short @ $37,950 With a tight stoploss at $38,090 What do you guys think ???? Write it in the comments!!! Thanks for sharing/boosting!
Hello guys. How are you doing? I hope you feel great and always be happy and successful. today, I want to talk about Bitcoin. It's an update and the expectation about the movement in Bitcoin. So, as I always said it's not financial advice. please just read and do based on your strategy. So, Let's go into details. ➖➖➖➖➖➖➖➖➖➖➖ I drew this Fibonacci channel a...
Bitcoin after 222 days range hit 27 zone. Now I would like to see correction BINANCE:BTCUSDT.P Possible Targets and explanation idea ➡️Over 200 days in a range! We move impulse sideways Impulse. ➡️Its a daily timeframe only local zones. Main zones 48-52K by end of year or April May 2024 still relevant ➡️Now we are in a market stage when Bears and Bulls will...
I anticipate that Bitcoin (BTC) will experience a period of consolidation, characterized by a stabilization or narrowing of price movements. Subsequently, there is an expectation for the price to retreat to a breakout (BO) level, which refers to a significant price point where a new upward movement or trend might begin. Essentially, this suggests a temporary...
There needs to be a huge catalyst before we can safely chant the bull run is here to stay. BTCUSDT is performing a retest of the 4hour highs, and will move sideways for a while before holders take back some profits. On the next liquidity "milking" event, I expect BTCUSDT to hit the 29-30k levels (or lower). Here, the action begins.
if you like the idea, please "Like" it. This is the best "Thanks!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and please yourself and your friends.
1D time frame - Previous analysis about Bitcoin PRZ at 31k is wrong due to ETF releated news. Because original Diamond/Head and Shoulders are broken, we will talk about new perspective for 2nd bottom today. Firstly, dump from 69000 to 32917, there was a 0.382 Fib Retracement at 48189, then kept dumping until 15476. From here, we know the effect of 0.382 Fib,...