basically history will repeat itself. today candle break the downtrendline after touching the strong support. need confirmation and follow where it will go. continuation or reversal
price has taken liquidity from the day before also taking the highs from asia, waiting for it to break those equal highs and break structure on m5 to look for sells
Simple chart showing duration of previous bull and bear periods. Overlayed with Bitcoin halving event and duration to market top. - Green arrows show period from halving event to market top. - Red arrows show period from market top to market bottom. - Black arrows show period market bottom to market top. Bitcoin price has followed a similar pattern of roughly...
Bitcoin has recently crossed $69,340.42. A key Fib level for Bitcoin. During the 2020-21 bull run we trended upward heavily for 7 Months before our first correction. October to March was the period. How familiar. In our current uptrend we started a month earlier in September in rather than October, although, this month showed somewhat stale moves so I will...
Refer from my previous post . . now, we need to wait for confirming 103.400 in my focus to 1st BMS
Main trend. Time frame 1 month. This idea is almost a clone (in meaning, not visualization) of my previous idea published 1.3 years ago: BTC/USD Secondary trend cycles and halvings. For great visualization and clarity I added leap years (pre-pump, pre-distribution), this applies to all markets, not just the “young” cryptocurrency market... That is, after...
The graph shows the main trend of bitcoin. Logarithmic chart. Timeframe 1 month. The main liquidity zone. The graph is linear (without “market noise”, i.e., without squeezes of minima and maxima for hamsters). The channel and all values are set according to it. Everything is extremely accurate (potentially accurate). All the same parameters, but candlestick...
Logarithm 1 week. The key is the formation of a large symmetrical triangle (perhaps it will reformat into an ascending triangle). Perhaps, as in the last cycle, after its formation there will be a false breakout with a -40% (03 2020) extra long position being taken out before the real trend reversal. Whether it will happen again this time or not is another...
📊Analysis by AhmadArz: 🔍Entry: 11.09 🛑Stop Loss: 10.747 🎯Take Profit: 11.47-12.04-12.71 🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz. 💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets." 🚀Please boost and💬 comment to share your thoughts with us!
The main trend (to understand where the price is and what is the general trend). Logarithm. Timeframe 1 month. Price in a secondary downtrend is approaching a mirror support level (marked in yellow, former resistance). Against the dollar on the monthly timeframe, there is now a large bowl with a handle, which I have displayed on this chart. Pump/dump news....
Welp. This might be it before the final run-up. Based on the past history of bitcoin, if we draw a line through the center of a power law function, if the price is above the ATH and it breaks that center line it typically signals the final rally towards the top of the power law band. Everyone is hoping for 2025, me included, but based on past history, we have...
Something u r afraid of. Let it go. End target does not matter, enjoy ur profits.
Each Bitcoin boom has ended in about 85% draw down in 2014 and in 2017. Right now the drawdown is at 75% for the 2021 cycle. If we see a similar drawdown of 85% it will be at around ~10000. My guess is that will not happen and that our current 75% draw down is what we will get this cycle but if we get a drawdown to the low teens I'll be backing up the money...
targeting fridays buy side liquidity, with valid accumulation from todays london and assia !! above fridays high is daily supply !! 1-19.77rr trade, currently at 1-4
📊Analysis by AhmadArz: 🔍Entry: sell:0.758 buy:0.598 🛑Stop Loss: sell:0.788 buy:0.562 🎯Take Profit: sell:0.726-0.687-0.654 buy:0.662 🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz. 💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets." 🚀Please boost and💬 comment to...
Note that my TA is so-so but anyways... Just wanted to share this simple fib extension Look for a breakout or support at a fib level could be one trading idea. I am personally, neutral here. Not shorting, but bias towards a pullback, so I'll label it short. First target would be ~5020, below that I think it could break below... ~4960 or ~4783 -Not trading advice.
JPYUSD is likely to break out of the yellow descending trendline. 2013-2023 cycle is similar to the 1989-1998 cycle. In monthly timeframe JPYUSD broke down 6~7 years of upward rsi trendline, and in 2W timeframe it formed downward rsi trendline. In previous cycle, JPYUSD rose for over a year after the breakout.
I think we should book profit in Tata Steel and take reverse position for 4-5% additional gain in next 1 week. Current upswing is at its peak, and profit booking may start any day now.