I place a high probability Professional traders are selling this weak rally And we fall back into the teens 1st objective lower bollinger bands
the 200MA (weekly) will be used as resistance. This is approximately $22,300. If this will effectively become the resistance, I expect a further decline towards the trendline and a bottom around $9,000. This is one possible scenario
I don't know if it means anything but it looks pretty and if I were to go by it, I'd say BTC is undervalued.
Bitcoin has never fallen below prior market cycle’s highs, but it has done just that today falling below 2017’s high of $19k. This is a sign that it’s overall pricing structure and bull trend is getting weaker and weaker. We could see an end to the 4 year cycle of bitcoin, we could see a long term accumulation period like Gold saw after it’s final blow off...
Bitcoin history has shown the behavior of going down between 34% to 25% below the 200 week Exponencial Moving Avarage. Eventually, bitcoin has never been in an economic condition as we are today of inflation and increase in interest rates. For long-term purposes of investment, it is important considering these downtrends. La historia de Bitcoin ha demonstrado...
#BTC Weekly TF OBV shows weakness, and if it cannot hold this support, I expect to see the price drop to the $20k area with a minor reaction to $25K area(yellow box).
Based on recent and continual analysis of Bitcoin, I believe that an upside trip to $32070 is minimally required (based on my perspective of the Elliott Wave count). This will serve as the final resistance level before Bitcoin takes an anticipated dip to $24K. From here, the crypto world will re-enter the "BTC to $100K" mindframe but that may become a troublesome...
Based on previous and ongoing analysis of BItcoin, I believe its yet headed for $31.6K at minimum. Previous mid-micro wave pattern was invalidated however, the bigger pattern and upside target remains in tact. Join me in/and the Community for more trade ideas. P.S. Invalidation is only indication if you're aware of how to adjust :)
This is next Bitcoin forecast to find the Dip So much long we are waiting for thomething happened. So we need reconsider our views. Or reinforce existing. Next BTC Target we can see at 20k (maybe next week?). After that we'll talk about bulls (Maybe from July?).
Hello everyone, I tried to provide you a comprehensive TA on #BTC in both the long-term and short-term. Hope this helps you. Please let me know what do you think about the next move in the market in the comment sections. Cheers! Mr. Cryptotracker
95% Crash for AMAZON back in the Year 2000, during the so called 'Dot Com Bubble'. The Price of AMAZON had dropped from 112$ to 5.45$ a share. 💡Well, the price of AMAZON is 2156$ today while it had an All Time High of 3780$ at the end last year. Let's talk about the Dot Com Bubble now: 💡Historically, the dot-com boom can be seen as similar to a number of...
Ethereum's ratio to Bitcoin has been consolidating for nearly 13 months (left). In 2018, Stellar Lumens (right) consolidated against Bitcoin for roughly 11 months before dropping off a cliff. Will the same happen to ETH here? It will need to maintain the uptrend, held since 2016. Any larger decline from here will result in a breakdown from this channel, which I...
Bear markets are often when long-term traders make their big moves - assets that seem to stabilize or even do well (MANA, MKR in the last few days) often show that a project has dedicated supporters and some legs to stand on during the "tough times". It's easy to make money during bull runs, but it's the projects that survive during bear markets that often lead to...
The trend is changing direction, aka reversal due to a double top in 4 hourly. 5.84 seems to be strong support, the price however is more likely to follow the downward trend to 7 or 6. We may also have another crash at the beginning of next week. This is not financial advice. Make your own research and be cautious, especially during this uncertain period.
$BITCOIN ($BTCUSD) – Cash: The Bearish Pin Bar Signal triggered (WARNING ON CRYPTO: TRADING BITCOIN AND CRYPTO IS HIGH RISK, CONSIDER A REDUCED POSITION SIZE AND LOWER LEVERAGE UNTIL YOU ARE FAMILIAR WITH THESE MARKETS). Price Action: Price moved lower from the recent Bearish Pin Bar Signal that had formed earlier this week (We suggested trading this signal in...
Deeper Network is now official on a death spiral knocking out each group of project investors. Is there anyone who works in Deeper Network who is able to save this project or is this a Pump and Dump Project the the Telegram Deeper Network Mod told us about as he maybe dumping his own mining wallet if that is his from the United Kingdom. This is an example of poor...
Pls visit our last Polkadot analysis for better context. As we know DOT was inside an ascending triangle pattern ( bullish ), however price has fallen out of that pattern for a much larger wave 2 correction. Should price fail to close back inside the triangle and i think it wil fail due to bitcoin's vacation, we will have ourselves in play, a regular flat...