Overview for BTC/ USDT Wave I : Starting point: 6869.62 Target: 8460.88 1591.26$ move UP! Retracement: 0.5 fib. level 783.76$ move down Wave II: Starting point: 7677.12 Target: 9200.70 1523.58$ move UP Retracement: 0.618 fib. level 971.57 $move down Wave III: Starting point: 8229.20 Target: 9434.94 1205.74 move UP! There is still a 306$...
The last few days, we have seen that BTC made some nice moves up and right now it's about to reach a strong resistance level at 9000k-9200k. A short opportunity might be available for us with a stop loss above the 9200k area. The 1h and 4h chart is going to give us bearish signals and the price action from the past as well! Let's see how this will play out!
BTC is moving inside a downtrend channel, and for the moment, is moving between support and resistance, what makes me believe that a big movement is about to happen. To be honest, I believe that bears are in control and an ABC correction wave might be in place. If that is about to happen, then, this move will push the price to the 7800-7900 area. But... My...
The moment on which one of most famous Bitcoin promoters drops Bitcoin !! This date is probably not as casual as it seems ! Cycles point to a XRP bull run.... Maybe the time has come XRP arises as the new King !!
Bitcoin is now pushing above key 8350 resistance, and a retest of 9000 looks likely. If that breaks btc looks poised to run to 9800-10000. What is fueling this? Tether that was printed, and as you can see in the related bitcoin dominance idea the bleed and death of alts. As dominance rises and money flees alts, it will provide the gas for bitcoin to run up and...
Not really, its been a while since we are in bear market, and probably we will be in a next 2 years or so, but falling thru the clouds is sometimes hard with no retrace.NOw we are close to demand zone, psychological or in tech terms, this one is a strong resistance or support or whatever you call it zone. Maybe we will see even 0.5 or 06 fib!!! (excited :D) or...
Hey Fellas! I am still on job trip, but i found little time to make an idea of the king on this delicated moment that i believe we are passing. I just wanna remember you one of my firsts ideas, when i asked you about the pills: In my last idea, i was almost believing we might beat the damn bankwhales to break USD 10k, but they are still very strong...
Hey, there! Some news can shake the king as well (Goldman Sachs, Reddit co-founder...)... Keeping on the H4 analisys, good run to USD 9.760,00. Consolidating, the breakout, the king might can rise up to USD 10.470,00 and we will back above USD 10k. We are in a pretty cool uptrend (pitchfork area), but is possible some traders taking profits and the king retract...