BTCUSD MAJOR PUSH INCOMINGLooking at the 3day chart, we can actually see that a falling wedge pattern has been formed since the latest high at 31k. But because this type of wedge has a fakeout before the breakout most of the times, I still believe that BTC can drop towards 23-24k to liquidate the latest area of imbalance. This form of liquidation would gather all the strength needed for price to push towards 34k and even 38k within the next bullish extension.
Fractal
BCH UPDATE ROThis is the update for BCH. I strongly believe that BCH should liquidate lows from 108, BUT respect 105$. Once price does that, BCH should be ready to target 125$. Once price breaks above 125, it can finally target 150. But only if price breaks above 150$, we can finally say that BCH is bullish.
XAUUSD INTRADAY ENGThis is my view for gold for today's set-ups. First scenario is bullish were a break above 1981 would confirm buys towards 1985, with final targets between 1990 and 2000 due to NFP.
Second scenario is bearish where price breaks below 1978, confirming sells towawrds 1976 and 1972 to even 1967 due to NFP volatility again.
BTC MAJOR UPDATE ENGThis is the update of my previous idea for BTC. We now have to wait for BTC to respect its current high @28.5k and only when price breaks below the next potential low that can form inside this strong demand, we can enter sells. On the other hand, a break above 28.5k can actually push BTC all the way up to 30k and possibly 34k in the nearest future.
Bitcoin Explosion imminent!? Mini-Bull Market Watch!The bull markets of 2011 and 2019, which developed in early Crypto Spring, produced an explosive move to the upside heading into the second quarter of the year. In this video we briefly take a look at these moves and other possible scenarios. The "pillars " drawn here in ever Crypto Spring run from April 1st to October 1st on the horizontal axes and 50% above the future halving price on the vertical axes. If bitcoin follows this same pattern we will see an explosive move up to the future halving price in the 2nd quarter followed by a dump back below the future halving price in the 3rd quarter.
What are your thoughts? Let us know in the comments below.
BITCOIN - GEARING UP for another ATH ⬆Hi Traders, Investors and Speculators of the Charts 📈📉
In today's analysis, I take a look at a fractal that played out on Bitcoin during March 2019 over a few months. This was the beginning of the bull cycle that led to BTC's all time high.
Fractals can be very helpful to give an idea how the price action behaves after certain trends, which is where trend lines become especially useful in conjunction with fractal strategy.
I believe there is an important balance between trend line analysis / chart analysis, and technical indicator analysis. I find that trend analysis ( trend lines , support zone and resistance zone , Fibonacci ) is really helpful for longer term, whilst technical indicators such as RSI can be very useful for the shorter term. Important to note that today's analysis is focused on longer term, in other words potentially more than 3 months.
This analysis on Bitcoin corresponds with my previous in depth analysis on BTC , which you can find here 👇 This update uses BTC .D ( bitcoin dominance) and TOTAL2 (total market cap of alts) to speculate shorter term price action for Bitcoin .
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SHIU - This ALTSEASON: Meet SHIRTUM 💰⚽💰Hi Traders, Investors and Speculators of the Charts 📈📉
Shirtum / SHIUUSDT is a fairly new token that poses a great opportunity. Currently trading in an ideal accumulation zone; a previous fractal shows the potential for a near +300% increase from this point.
Don't sleep on this altcoin, but remember to pre set your orders as this alt seems prone to pumping and dumping, which can be seen by the excessive wicking.
Since you're here 👀 Here's my current outlook on Bitcoin:
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