Looking back at 2022 we went through a lot of consolidation in price as well as in time, which means we can expect a better performance next year. Nothing is guaranteed yet and we need more data, but based on the past performance we predict something big for 2023. Leverage for swing trades should still be avoided due to different on-chain reasons in addition to...
Update to my previous posts. Bitcoin finished the last impulse of a 11-year bull market in 2021 with a multi-month distribution. Now we are in a mark-down phase in a bear market that has never been seen before. Price is below MA200 W1, MA200 D1, below strong support of ATH 2017. In the beginning of November we have finished a running triangle and impulsive wave...
On the one-month chart, I have highlighted a two-year bull run on Bitcoin compared to the NASDAQ during 1998-2000. It is interesting to note that March has always had fascinating price action; price will generally pivot or form a bottom or top at these price levels. The significance of Pi is evident even on a calendar. Bitcoin's rise and fall parallel the...
Nothing much to add, its as short term trade based on volume profile index.15700 target which i expect strong bid there and pump if we reach it and the trade is succesfull
In my opinion price is consolidating before a move to the upside @ the $24,500 - $25,000 region. I expect the $14500 - $15476 region to provide support, thought it might be tapped. In my opinion if longing, risk should be kept tight and stop just below the $14,500 region. It is possible for this support region to get tapped again, so that should be accounted for...
Dang, i really didn't wanna share this - but i feel it could be important. --- there's a serious bear case to be made here, one which is literally other-worldly. --- a picture's worth a thousand words, so perhaps i'll let you decide. --- ps. this is not my primary, just a backup - in case something really weird happens in the days ahead.
good afternoon, really quick update for you guys. ---- lot has happened over the last few weeks, but things are starting to slow down - which is a good sign for the bull case. i initially gave you guys this setup before i left on my vacation, and we've been slowly but surely coming down to my level. check out that post via: ---- overall, next week is the...
Bitcoin made a Symmetrical Triangle near the PRZ(Price Reversal Zone). I expect Bitcoin can go up at least to the upper line of the triangle after I saw the Morning Star Candlestick Pattern near the lower line of the triangle. Bitcoin Analyze ( BTCUSDT ), Timeframe 1H⏰. Do not forget to put Stop loss for your positions (For every position that you want to...
I wouldn't be surprised to see Bitcoin continue to pullback, especially with how aggressive the most recent sell off is. We'll see how price responds if it makes a new high, but I wouldn't expect a full reversal just yet if we get one. Price is hinting at creating new relatively short term (M15 + H1) highs. But also be prepared for further intraday pullbacks....
Bitcoin is struggling to break the resistance zone. It seems that with the 🌟Shooting Star🌟 Candlestick pattern that was created, this attack has also failed, and Bitcoin will fall back to the support zones. There is a possibility of creating a 🗻Double Top🗻 Pattern after breaking the trend line. ❗️ Note ❗️:If Bitcoin can break the resistance zone, we expect a...
This is an update to my thoughts on DXY. In my opinion DXY will continue to retest its yearly high of 114. Locally, I expect a retest of the 110 area from here. In my opinion DXY is likely to continue to near 120 and make new highs. This trade idea is not financial advice. I am not a financial advisor of any kind. I am a very stupid degenerate gambler. Please do...
While originally expecting more pullback on BTC to the upside. It's becoming more evident that BTC is rounding out at the top of this up move. More and more signs are coming for lower prices. So While i expect price to move a bit lower now, higher prices are still a possibility. This is an odd range, and I'm willing to be wrong due to the nature of that. With...
Update to my previous idea. As I mentioned $17,200 is a key level for me. Hold here or die. Will be watching price action here. Reversal from $17,200 back up highly possible. If not, continue to the downside. Will probably need to watch at least a weekly close. This trade idea is not financial advice. I am not a financial advisor of any kind. I am very dumb....
Bitcoin completed wave B after a fake break. I expect Bitcoin will go up to the resistance zone & trend lines to complete wave C. Bitcoin Analyze ( BTCUSDT ), Timeframe 1H⏰. Do not forget to put Stop loss for your positions (For every position that you want to open). Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in...
This chart is constructed mostly intuitively . Dont take it too seriously but dont underestimate it either.
Lately stocks look better than Bitcoin but it can be missleading. It's normal that crypto can bottom faster than stocks, as we can see we can be near the bottom on crypto but it can take several days for stocks to bottom, like it was two of the previous times. Nevertheless if Botcoin will nuke once more and stocks will dive in next days it doesnt mean that BTC...
Bitcoin is running near the lower line of descending channel and inside PRZ(Price Reversal Zone). I expect Bitcoin can play two scenarios here, and it can go up and break the descending channel and reach to resistacne zone for the second time. In another scenario, Bitcoin goes up to the upper line of descending channel and then back from that zone to...