So far with lot of supports maintained above 9k. Series dumps due to fear, market might decline. Mostly miners & hodlrs dumping in fear. Critical pace till July 10, if no support and pumps. Can expect the btc to hit below 8k faster than expected Before end of July.
Very less chances for BTC pump more than 12k, if got a bull trend.
For SHORT - better to...
Hi everybody !
ETHUSD is showing signs of increasing purchasing power and this is the reason why I made such a comment.
1 / EMA 200 H4 frame is sloping up showing that the main trend is uptrend
2 / Observing the recent trend on the chart we see that ETHUSD has three times touched the 200 ema line and turned on the possibility that bigboys want to push the price...
The area 9500 - 9600 is now a strong resistance, this is a fairly bold setup, please consult and decide.
* This strong resistance level has been tested many times and cannot be overcome.
* 1 sell order at this time is risky but for reward worthy.
* The entry area is a horizontal bar showing resistance.
* SL is the red area
* TP is the green area as shown.
The H4 frame shows BTC moving in a bear flag pattern, which is a bearish pattern. The square I drew is the price range
This model should be noted on the sell side.
* If the price goes above the upper channel, don't take sides because it is not clear
* If the price crosses the lower channel with a big candle, please click on the command or wait to pullback to the...
Hello, friends.😘 That's my Bitcoin update.🎥
👉🏻The price left the descending channel , and I hope, that the distribution zone is behind and the price will be able to fix at the levels 9 200 - 9 300 🚀🚀🚀
🔥That way will be able to return to our strategy: buy cheaper and sell more expansive!🔥
On the chart,🔴 - descending channel , which show us the last stages of...
This is a reference chart of the longterm perspective for bitcoin that will be used in references for longterm views on bitcoin price to make medium term swing trade decisions. It encompasses the trend from 0.01 to the highs in 2013 and 2018. Even though the earliest price on this chart is 10$ the trend channel takes the first BTC price of 0.01 into consideration...
Now that we have successfully did not break the trend upwards. I am expecting slowly we will bleed to 6666 by end of june and then moon later.
Here and there we might bump. But the moon time not now for me.
This is just my thinking! Not financial advice. Trade with proper risk management.
In our previous quantitative prediction of BTC on our quantitative workspace we understood that the prediction was expected to be a sell but the market has changed in the direction of the bull on our quantitative exit algorithm for the trade we took. Our quantitative algorithm with the proven 80% success rate has finally indicated a possible market bullish wave in...
The Market is in a symmetrical triangle (Continuation Pattern). One should respect the support/resistance trendlines until there is a confirmed breakout. If the weekly candles closes below resistance, what is your plan? I have mine.
#BTC Dominance Update:
as per our Analysis #Dominance Going same Direction.
Now Current Bitcoin Dominance is 64.80%
if 3 days Candle also close bellow 65% then begin #ALTSEASON Part-2.
but if Bounce from here then We can see dump in altcoin.
keep an eye on Dominance also.
Please like and follow me for latest crypto updates.
Hello, if we remember, Bitcoin started strong attacks by reacting strongly to a 30-week downtrend and we have to look 25 weeks to understand Blockhain Data Relative Change on falling point :
Currently, the Buy Signal continues on the weekly chart.
But we are a few millimeters away from the resistance (9335.7) :...
Bitcoin showed a clean reversal signed that checked a lot of boxes.
1) Price did not break the 9.5
2) There is a break and retest of trendline
3) Head and Shoulders formation
4) Fibs lined up perfectly
There is still time to get in, must wait for the next pull back!
Take profit - 9.0
This update is better to combine with previous one, as here we discuss just the final moment of our setup. Last week, we said, that 6940 area is the one that will be very important for BTC. Breaking of this level down will open road below daily lows while upside bounce could lead not just to simple retracement but, ultimately to extended upside...
I am thrilled to post in tradingview for the first time, I will keep posting.
Currently, the lows of candle in 4-hours frame keep going up.
I think if the price around yellow does not break down the key support level hard, and the lows go up, then the price will reach 7874$
but if the key support level is broken down hard, I think i could fall down to green around 7150$