This looks like the beginning of a very well-identified read - a bullish breakout - originally identified and published on August 12th, 2021. I am fairly confident this will reach the previous all-time-high and likely move quickly to the upper $80s.
Looks like Bitcoin is doin its thang. We had that major correction that previous cycles had around this time. Now we are looking to be at the top of the next peak according to Orion as well as the BTC ATH ROI. I'm thinking we will see another 10% drop in the next 8 days before we finally turn around and push back up towards 60k and beyond. Previous cycles had this...
Two possible points of views.
BTC has bounced off the 7625 strong support level.
Will it reach the next strong resistance level? We'll see...
BTC tends to form complex xyzwxyzwxyz correction models.
This tells us, that the correction of the bullish trend isn't probably over yet.
We'll most probably see another few dives down to 7400 level before the correction ends.
In the last 50 years, every time US treasury yield curve inverted a recession followed within 3 years. On average the S&P500 gained 19.1% following the inversion and peaked 13 months later. In other words, as far as investors are concerned, the recession began roughly one year later.
However, once the market peaks, it drops 37.6% on average.
Assuming you can...
Here is a new company being establish. lets take a look at the past price action and determine whether to get in this up trend.
Short opportunity now or sign of bullish end of the year.
Invest max 12% of your portfolio
Above the Red line is Heavy selling area.
Good buying below the green zone, but looking for a long haul guys. just keep an eye on this one...
Bitcoin - % Return & Future Peak High
Each market cycles rate of return has been 20% or 1/5 of the previous cycle return from bottom to new peak high
With cycle bottom at $3148, this next market cycle could give 2300% returns based on historical data with a Bitcoin high at $78,500
Traders, investors, the public and the crypto world spent the beginning of 2018 fixated on the parabolic rise and equally sudden plummet from 20k to 6,000. By mid-2018, it was clear that the bull run was over and a massive descending triangle was forming with a base at around 6,000. The Minsky moment came at the end of 2018 with an introductory drop to...
Alright guys, Facebook could go lower guys just giving the heads up.
If prices goes lower than 172.50 we could see prices head towards 167.50
If this occurs, we could then go long up to highs of 182.50.
Now is the time to buy this coin! Congratulations to my followers who already have done so following my last Cardano idea, and of course to my Twitter followers!
Please see my last Cardano idea for reference.
There are two ways to trade this coin.
1) Ichimoku crossover
- Hold the coin until we see the Ichimoku MA's have a bearish crossover, when...
We broke the Ichimoku cloud before however due to RSI being in overbought, we slipped back down into it, it looks like we may close above the cloud again today, but this time with a healthy RSI.
- RSI has plenty of room to grow, therefore the chances of the breakout happening are increased.
- The small retrace has caused a bull flag pattern...
Even though the whole crypto market is in a semi-downtrend, I still believe we might see a turnaround soon. Different charts show me bullish patterns, which is indicating a market-wide reversal in trend.
STRATIS broke out of the yellow trendline exactly 77 days ago and went up 110% in just 25 days. Its been correcting that move ever since.
The price has...
Based on the existing trend I think bitcoin has bottomed out and is heading higher soon, but maybe not at the same pace as previously during the run from 3k to 20k. The thick line is resistance now and was previously very hard to breach. The slope is positive though so there is no need to pass this resistance to keep going up. The FUD has been immense but bitcoin...