Halving approaching, retracement needed. With the current conditions, I would not be surprised if we see 3k BTC and 30k in 1 quarter only. Do it
TF: D I think price will move down around the halving before breaking aggressively to the upside. Historically, price has traded south for a bit after halving events before exploding north. Another scenario would be price would break the current descending pattern and break to the upside around this level before and around the upcoming halving.
Bitcoin successfully retested with a long bearish wick, which is a bullish sign. Bears fails to close the candle at the support @ 9120. From there we pump to 9860, another key S/R area. On the lower timeframes, we have just successfully tested 9860 as support. The next trend line dynamic S/R targets 10560, where price was rejected in the last few days. Entry:...
BTC corrected in an ABCDE horizontal corrective triangle. The bullish engulfing candle has already been posted on 15m timeframe. I am expecting it to break the 9870 resistance, and pump to the resistance @ 10170. There is liquidity at that resistance, and it is clearly a S/R area from the recent pump & dump.
1. Volume has died as we approach the dynamic resistance at ~9850 2. 4H stoch is oversold and prime to reverse 3. 4H stoch has hidden bearish divergence 4. Visible Range indicator shows point of control (lots of liquidity) at ~9520 5. 55 EMA @ 9550 is next obvious support I'm shorting. Entry: 9820 Target: 9550
Ross hooks are a simple but effective tool that allows you to access the market with minimal risk. This tool is associated with the counter-trend pattern “trend change by 1-2-3”. Trading tactics on the old timeframes. UNDERSTAND? And now we forget and understand the following things - ROSS hooks - an indicator of a change in trend - I made the idea long before...
A 5-wave triangle correction appears to be unfolding. Based off of the trend line resistance that stop up from breaching beyond 10500, I think we are moving through a D Wave bullish move to 9600 resistance. I saw this a little late (half way through the channel), so I am not opening any longs to the 9600 resistance. If we fail to breakout after the D Wave...
HBAR is still just an ordinary scam, like everyone else, but it wasn’t abandoned and they are working on the project And most importantly, this is a great tool for getting dividends in the shortest possible time. LADIES AND GENTLEMEN, for you a bull triangle with a basis of 272% There was a symmetrical channel inside the triangle, now we are also going in it,...
In this idea, I will go into depth what happened exactly during the last two Bitcoin halvings. I will show you how to approach BTC trading over the coming months by looking at the perfectly matching halving fractals, telling us what we can expect in the future. -- The first halving -- The first halving event occurred on the 29th of November, 2012 at block...
As we know, we need to perceive and understand several formations at once Here is a change of tren with Ross hooks This phenomenon is a determining factor and an indicator in a change in trend. Rule: when forming a 1-2-3 figure, we can be sure of a trend change In our case, this happens in the channel I wish you all profit. Pay attention to stop loss.
Wave D : 9850 Wave E : 9350 or breakout from Wave D without retrace to support
Seems to be that BTC wil not brake 10K and further we will drop again to 4K, 5K, 6K??? Who knows but it's gonna be big,...
If we look at the map of Ethereum right now, we will understand a certain dependence -We were in the ascending channel for 54 days and the profit was 123% -Then there was a mini-dam and the channel also repeated, only for 10 days and the profit in it was 22% AND POSSIBLE NOW WILL BE THE REPEAT It’s not difficult to calculate that the channel was reduced in...
A very important formation is being formed now. We have formed a defined triangle that comes to its logical end It is very good that the side of the triangle is in the place of strong support: 9200 If you bounce up there is a chance to go higher and reach the level of resistance: 9500 Nevertheless, having passed through the level there is a potential of going...
This scenario will change if: - There's a weekly close below the 8.400 $ level. - There's a weekly close above the 10.500 $ level. Watch your stops! Halving effects are not instantaneous!
Denouement! -Now there is a downward trend. We are at the very top, being in the ascending local channel If you take a closer look, we can see the wedge, which will become the fast outcome and we will understand where we can go -If a breakthrough comes up, then we will go to around 10200 where the strong zone is -if we reach the 9200 mark, we go much...
Just a projection/possibility. This is not financial advice. Feel free to discuss in the comments I would love to hear your opinion!
Good day to all. - Having considered the price movement LTC \ BTC, you can notice the reference dependence of price growth over time - The math is simple 1) Each new growth begins from the moment of the decrease of the previous daily slope, in two times 2) -The beginning of growth was 364 days after the decline from the first maximum -The beginning of the next...