Out of extreme confidence that the worse has passed over the last 8 weeks (This long of a period is making me feel like Tom Hanks on Cast Away). I think both NEAR and ONE have a trully bullish 2022 ahead of themselves. The possibility to buy these tokens this cheap is nothing short of criminal. Both count with VC's that despite Macro rout are funding the...
If this will resemble previous crypto season like 5 years ago, then the accumulation tends to end in late 2024 or early 2025..
First trendline breaks, then accumulation phase begins.
BUY ENTRY @1.05711
STOP LOSS@1.04777
TAKE PROFIT@1.07057
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SELL ENTRY @2.621
STOP LOSS@2.770
TAKE PROFIT@2.471
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Disclaimer: This is a Newbie analyses with no past Experience! so please Take it Easy
The candles have almost formed a bearish head and shoulder pattern suggesting a bearish rally to 2.65 strong support level.
This is not a financial advise!
Please comment your ideas about the analyses as I am new and want to learn from your experience and knowledge.
Appreciate...
Just an idea on the seemingly regular cadence of the BTC 4 year cycle. I am basing my strategy on this. Short BTC into November with regular rebalancing. When BTC hits the 200 week/50 month MA, and the RSI hits 30 on the weekly chart/44.5 on the monthly, switch long on BTC and long altcoins there as well, and just rebalance at support and resistance levels into...
BINANCE:BTCUSDT Chart analysis. Could be moving within this pennant looking for a siginicficant move either way soon. Will look to play swing trade on the retest of the breakout either long or short. Long could see a move back to 52k at heavy resistance and 0.5 fib level which from there I would then be bearish and short could see us coming back to 28k where we...
Hi to all,
BTC couldn't break the resistance area for two times and come below the ascending trendline. I think we can short it from here and target 34.200 / 30K levels for next week.
Good Luck!
The chart is in the weekly period and covers all the data; so I plotted on a logarithmic scale to show the magnitude of the movements.
Bitcoin, which lost 50% of its value compared to the highest level it saw, came up to the 100-day exponential average and although there seems to be a negative divergence with RSI, and it has a hard time holding the 35.600 level....
*This is based on m own analysis and personal investment purposes.
Neither recommendation nor advice. Trade at your own risk with the right risk management.
Happy Trading!
This is an Update on BTCUSD: As mentioned for a few weeks now(refer to previous levels) BTCUSD is under pressure. We could how ever potentially see a transition at this level, but that as of now is yet to be seen. Bears still look to be in control, and we could potentially see 30k.
Please note: i do not trade BTC at this time, i do have Long term holdings, But...
