Bitcoin has been often touted as digital gold. With Ukraine<>Russia tensions heightening we are seeing risk-off trades, with USD, JPY, Gold and Oil all appreciating. Bitcoin however has not yet appreciated. Price seems to be stabilising around the $40,000 mark, which may be an opportunity to go long. THIS DEPENDS ON ONE THING: IS BITCOIN DIGITAL GOLD? If bitcoin...
Bitcoin Pumped this morning, now comes the retraces. An essential 200ma was broken above on the 45min chart. The 0.618 Fib level is right at the 200ma and would be a nice bounce level - and the last chance before "the pump was flaccid".
Bitcoin is looking better and better, patience is key. We are looking at the 4H timeframe and we have a beautiful falling wedge pattern. We can see the current candle moving above the upper trendline of this pattern. (Confirmation only comes after candle closure one hour from now). There is potential to move higher. You can visit yesterday's trade ideas below...
Bitcoin is still on the support and I'm not bearish in short and mid term. Bitcoin is breaking the local trendline now golabl trendline is ahead. Any candle close above the global trendline will be followed by a significant uprise. To see the global trendline click on the post tagged below Good luck
BITCOIN PREPARING FOR A MASSING MOVE UP. We just saw a shakeout couple hours ago, creating a retest on the inverted head and shoulders. Monitor current price levels for an opportunity to ride it on its way to $100K.
#BITCOIN Short Update:- $BTC trading at Resistance level. This time Resistance line is Weak because of :- The more times Support or Resistance is tested, the weaker it becomes. Now..? If Break $42500 resistance then we can see Upward rally. Breakout Point = $42450-$42650 If Success to break this resistance then we can see Bitcoin price in $50k range. But...
Bitcoin had a pullback, but is normal and healthy. It's in our support zone and soon we will see a new highs. Don't make the same mistake most people did in Summer! Red Lines our resistance and target prices Green lines- blue box : buy zone and support
Bitcoin Idea 19 Jan 2022 - come on baby just one more leg up
Bitcoin Idea 19 Jan 2022 - we will know soon.. come on btc
Bitcoin weekly MACD is the most accurate tool in bitcoin sentiment the next pink week could be the first sign of major trend change, if you want to catch a falling knife then the day MACD if ok but it won't give you confirmation as well as the weekly , im one for waiting rather than risking, learnt the hard way it still has a few weeks of down turn, either side...
Bitcoin has taken a sharp turn for the worse. We anticipated support at $41.9K, and we started to see what looked like a pivot, with a sharp buy that made an attempt to break out back to $43.1K. However this was quickly smacked down and we made another run for $40K. Currently, we are seeing a bit of a buy back, which is currently testing $41.9K. The Kovach OBV...
Bitcoin ($BTC) FIB: $BTC DTF respects $41,457 FIB support. We are still chopping around the $42,632 FIB zone. RSI and MACD weakening as market sentiment is low WHICH MEANS we should be looking at the lower FIBS for a better entry. DCA your way down
Bitcoin has 'rounded off' in price action and is testing lower levels in the $40K handle. We are seeing good support from $41.9K and $41.6K, confirmed by two green triangles on the KRI. Though we are seeing support at these levels, there is still a lack of buying interest which does not bode well for BTC. If these levels do not hold, then $40.8K is the next...
#Bitcoin Exclusive H&S Update:- - $BTC currently trading at $42000 Level - I am still bullish above $40000 - Because H&S Pattern Neck Line support is $40000 - After Breakout $51000 Resistance now Retest level broke down $45000 - If BITCOIN breaks $45000 resistance then Again entered in the Bull zone. - As per the chart Left Shoulder Has been completed and...
bitcoin needs to say " no this is not a head and shoulders" and smash through that red box above 52 k and pretty quickly. longer we stay here the more chance of the bulls giving up
Bitcoin heading 44500 $ as resistance point and above 55 moving average and stochastic positive sign to be in long . Bitcoin should continue trading above 42700 as support level to remain in up trend channel . Any break of this support maybe we will see 40500 , traders should be carful and secured trades with tight stop loss - This is for educational purpose...
Bitcoin has wavered in the neighborhood of $43K. The Kovach OBV has completely flatined, and we have drifted down slightly from $43.8K which appears to be a prohibitive high for now. Several red triangles on the KRI have confirmed resistance every time we have made an attempt for this level. There is a vacuum zone above it back to the mid $40K handle at $45.0K...
#Bitcoin Range Bound Chart:- $BTC trading in Range between $40000-$44000 from Last 11 days 7 hours. So this Level is very Stable area in this Range bound. Next…? There are 2 Scenarios:- Scenario 1:- If Break Down $42500 Support level then We can see $40500 once again. Scenario 2:- Here 2 Big Resistance in LTF . One is $43500 and 2nd is $44200 So if...