I don't what people keep saying but we focus on the charts, we read the charts and get all the information from the charts. One can guess and say things are this or that based on assumptions but the charts make no assumptions... Here is what XBT is saying on the daily timeframe. Straight up! We have a very strong RSI, ultra-strong. After the initial...
What kind of pullback is it? A complex one. What reason is it complex you ask/// You see in the next episode of *redacted* manipulating the human beings
Our forecast about BTC movements in next days : - Move downward to 20,000$ - Move sideways between 20,000-21,000$ - Move upward to 23,000$ Back-up plan: If selling pressure at 20,000$ is too strong, we will sell out of BTC and wait!
Bitcoin (XBTUSD) following in the footsteps of Dogecoin, Litecoin and soon Ethereum, is also very likely to go bullish. We have a nice but risky setup here. We can go beyond 333% on 10X Lev. Trade at your own risk. Leveraged trading is for expert only and can result in liquidation. Do your own research before trading. Use a stop-loss, risk management and all...
TLDR: . A possible hidden bear divergence at critical resistance. . CPI release might drive the price all the way up to the golden pocket above. . Reclaim the range low with consolidation after breaking above the diagnol, and then range low will be a decent bid. . Close the current candle below the golden pocket down below (white) and new lows are likely. ....
After recovering from March 2020 low bitcoin moved above EMA10 signaling the start of the bull-market. In this bull-market, the first time that bitcoin dropped below EMA10 it happened in May 2021 after the $64,862 All-Time High. This signaled the start of the bear-market with a 55% drop. A dead cat-bounce followed which ended in a double-top in November...
Expect this ascending channel to break to the upside... It will only speed up and continue higher and higher. By late January bitcoin should be growing at top speed. Expect the entire cryptocurrency market to grow. Expect the altcoins, big and small, to also grow. Instead of the classic one drops while the other grows, expect everything to grow together after a...
Bitcoin Boring Consolidation Continues.. Bitcoin is forming Falling Wedge in Daily timeframe.. Volume has been Decreasing since FTX Crash. If Bitcoin Can Recapture 17k Resistance, It'll open the Door for a Potential Bullish Wave. On the Other side, Bollinger bands Extremely tight for the first time since November 2018 which is Indicating a big Move...
The main target for this wave, short-term, is now set at $17,580. So far we are seeing slow steady growth within an ascending channel. By, or after,12-January 2023 things should really speed up... Get ready because it will be a lot of fun. Make sure to check the Act Now! Strategy in the 'Related Ideas' below. Namaste.
In The Name Of God, Who created the pen THE BEAR RETURN TO THE CAVE next target about 40000$ i think if power of correction wave in the primary cycle between 70% to 80% then In the future, buy bitcoin as close as possible to the double horizontal black lines . double black lines = BIG-TICKET in Investing Long-Term thank u 4 notice
Bitcoin (XBT) is moving ahead building momentum... The breakout is going towards the bulls. As usual, this is our short-term timeframe (1H). In this timeframe XBT has gone above MA200 and EMA300, our longest moving averages. This translates into a strong bullish signal. The RSI is really strong now at 67. With these signals in place, we can expect higher...
This is our short-term analysis updated... Targets are as follows: 1) $16,750 2) $17,055 3) $17,220 (higher high) 4) $17,690 (final target for this chart setup) The short-term charts are always changing... Fast. Invalidation happens short-term below the blue-line or a stronger stop below the 19-Dec. low. Any questions just leave a comment. ---- I shared a...
All signals are pointing lower, expect a green Monday/Tuesday.
Consolidation continues to takes place. The chart remains the same so we will have a look at something different today. First the shakeouts. - We had one 19-Dec and another one yesterday, 22-Dec. - The second one smaller than the first and also a higher low. Now an interest data point. BitFinex price for bitcoin is higher than all other exchanges, I am seeing...
We just had a shakeout yesterday which can be taken as a bullish signal. A breakdown of support is obviously bad but seeing prices quickly recover after a drop is a sign of bullish strength. Bitcoin (XBT) remains within the same range as the 16-Dec. drop. Our main support levels will remain $16,580 and $16,100. We remain bullish above these levels...
BTCUSD Weekly Volatility Analysis 19-23 Dec 2022 We can see that currently the implied volatility for this week is around 8.26%, DOWN from 8.48% from last week With this in mind, currently from ATR point of view we are located in the 56th percentile. Based on this, we can expect that the current weekly candles ( from open to close ) are going to...
Bitcoin (XBT) is trading within a descending channel. - Chart signals are bearish. - Trend bearish. There is a bullish divergence with the RSI. Potential for a reversal in the current zone possible. Main support $16,500. Above this level bitcoin can break out of the descending channel and move up (green arrow). Below $16,500 this analysis is...
Bitcoin (XBT) continues trading within a range. All the technicals are the same as before, bullish. We've been having lower highs since 5-Dec. but also higher lows; again, consolidation. The signals are good but the politicians are likely to crash the market 13-14 Dec. as they usually do. Better to wait after they make their move to see how the market...