Support very significant and visible. It bounced(the last low) and now is going up with the support. Indicators as often : RSI+MF, Divergence, MAs, MACD. Possible reversal to bullish. Buy zone 28.70 - 30.20 Stop loss 28.50(~5%). 1st PT - 36.00 2nd PT - 42 3rd PT - Moon 4th PT - SPACE! :D
Seems like a pretty fundamental double bottom or cup'n'handle formation. In crypto trading it is highly advised to not lose sight of technicals that have guided us for years.
Long term view. Green = secular bull markets. Red = Secular bear... could have 100 more months of this. TVC:SPX moon
Looks like bitcoin is in falling wedge + classic bullich divergence
This is possibly the most important chart you will see in Q2 of 2021. …again, this is just my humble opinion. This is another attempt from the Reddit community to manipulate the market, Big Bank style. The stock now displays traits of cryptocurrency altcoins. Please do not be fooled by the big players influencing the market, because the same rules apply to every...
there are two scenarios. first etc will reject resistance back to 55$ and make a double bottom then jump to the resistance point and break out to 70$. the second, etc will immediately test resistance and breakout to 70$. because etc is ALTcoin price etc will following btc
I think this is one of the possible scenarios for bitcoin this cycle. I am not saying is going to happen exactly like this, but i think can be so similar. I think we bottomed and now we can reach $100k in next months before next big correction where everyone will think again "this cycle is end" before really big moves, mania phase and euphoria.
This could be better than all the studies we did !!!!
Hey all, Lately people are being even more emotional than usually within the crypto industry. Many think that trading this market is very risky and requires you to be at the charts every single minute of the day. However, those that are doing that are trading with insane amounts of leverage to push this market up and down. Which is fine in my opinion if you know...
Volume Analysis: 💎 Bullish Whales - New ATH In Sight? 🚀 "Last time when the volume was this bullish, it started an epic bull run." Our previous idea is still valid. It's another timeframe for the same idea. So, you can use the two in your multi-timeframe analysis about one idea. ◀️ KEY POINTS: Last Time When Volume Was This Bullish We Had The Most Epic...
This is the chart I'm tracking. I'm neutral on the sidelines to see how this turns out. I think we will know soon.
I believe we are near the bottom and soon we will see huge breakout + glorious short squeeze. Everyone is extremely bearish at this point, whales in bitfinex are manipulating the price going down to buy more, short term holders are capitulated, month 1.68 fib is holding pretty good at 30 keks. I am not sure exactly if we bottomed or we can go on wick to 27-28k but...
Hello Community! Let's take a look at BTC /USD on the Daily TF. I went ahead and mapped THE NEXT MAJOR S/R zones. BTC did what's called a fake-out it dropped below the 31k support to 28ks and was quickly bought back up causing a massive hammer after a sell-off indicating a bullish move is on the way. It has already had a nice pump and based on the S/R zones...
Seeing strong suggestions of positive market movement toward New Moons and negative stock market movement toward Full Moons. June 10 was a Total Solar Eclipse in a New Moon June 24 is a Supermoon Full Moon (1 of 3 this year) Looking at a probably blue drop 35% from high down to .618 Fibonacci. TVC:DJI The Sacred Frequency 639 Hz is a Love frequency that...
We are still in a longer range bound compared to last year-ish but wen breaking out we could see 42k and beyond happening, or when breaking out we could look up the 24k area.
Hey Guys, everything relevant as always attached on the Chart. Have fun & good luck Traders