This is the third bearish sign I find as we are developing this current BTC move. Here we have double Doji which looks like bears are stepping in. Volume is decreasing which tells me if I`m right and bears really step in we gonna tumble down. In the previous posts, I showed you the bearish divergence and flag. This is just a continuation of my previous ideas and...
Disclaimer: This is written for entertainment purposes only. I am not licensed or certified to give financial advice, an no publication may be interpreted as such. I am not responsible for any financial loss or damages. You are responsible for doing your own research and forming your own ideas and theories. Thanks for reading!
Bitcoin has been all over the place...
The latest "bull" move seems to have topped out at a nice confluence. Hindsight is 2020.... too. 2022...
Confluence:
- 1.618 extension off the low.
- 382 retracement of the bear move from 69k to 32k
- 12 Week EMA
- What about the 200 day MA?
I'm starting to feel bull, but we'll need to see this retrace with a proper bounce. Lots of indicators suggest an...
“I’m at first and… first,” said a hysterical Kramer to Jerry.
“What?!” said Jerry, as if he hadn’t heard him though he clearly had.
“I must be at the nexus of the universe!” Kramer exclaimed, bewildered and questioning his reality.
The jig was up, it IS up. Time to decide. Bull or Bear?
I’m on team Bear. What about you.
Just showing the possibility of a very near uptrend for Cardano. Sitting at the 1.18-1.20. it now has checked this area for support over and over again. This is the first time in a while forming a BULLISH triple bottom settup. Look for further upward movement going forward. Will we see our 3.00 again?. Looks possible. Good luck , hope you are all enjoying ur weekend
Hello! 😀🐲
Thank you for considering this short technical approach analysis today.
🐮We see a possible double-bottom on 4/6 hour view..👌
🐻Let's not overlook the death cross(s) present on this TF and circled above(which could make for a sharp rejection at current level.)
With the events mentioned above, this puts us at the bottom of our wedge and makes way for...
We made a color range to spot in what territory Bitcoin is at any given moment.
This is made with allready existent ranges so the colors are confluent with technical analysis.
Naturally the more green it get's, the more bullish Bitcoin becomes.
From 100k we enter the golden zone.
Naturally down turns it more to red.
TREND ANALYSIS FOR TOTAL CHART
DISCLAIMER: NOT A FINANCIAL ADVICE, NOTES FOR MYSELF
SUPPORTS: 1.93 - 1.88 - 1.844
DIP SUPPORT: 1.793 - BELOW THIS LEVEL THERE MAY COME %25-30 CORRECTION
RESISTANCES: 1.97
2ND RESISTANCE: 2.00 T MAY BE A SIGNAL FOR %10 PROFIT
FUNDS ARE SAFU BETWEEN : 2.00 - 2.17
Hello team, been a while. Although I haven't posted in some time, I have been actively looking at charts.
OK, we are at an interesting juncture ... so I thought I'd post my grand chart to get your opinions.
Which color line are you counting on ... green, red or black?
It feels like we are on green, especially after that green candle today, you have to think...
BTC is entering the bottom end of a long-term Descending Triangle. My target for this formation to complete is end of Jan., beginning of Feb.
If BTC heads up, it will need a bit of follow-through volume and it is off to the races. If it heads down, the pain train will begin.
Thoughts? Where are we headed?
Bitcoin currently in no-man's land. Breaking bear from here would confirm the bear flag established from the last 5 days. Meanwhile, breaking bullish will require a solid close above $12,000 to get out of its "funk".
Buy-the-dippers have a support line between $7,000 and $8,000 - otherwise - see "Lots of Bears" on RSI chart.
Would sleep on it. There's no...
