good evening, --- main idea is still in tact, currently working on a little b wave; --- >1h hidden bear confirmed, >decreasing vol, ~typical wave-b behavior. --- looking for one more little dip down to 27.9k, before the larger move up come to end this month.
hello? Traders, welcome. If you "follow", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (BTCUSDTPERP 1D Chart) Primary resistance: around 32275.6 Secondary resistance: around 35280.2 Support: 27054.1-29840.6 The 27054.1-29840.6 zone is an important support and resistance...
it's going to take some time, but i think we're in the process of forming a significant bottom in the crypto market. we can certainly go lower, and i am pretty much expecting it (so is everyone else), but i think there's a possibility that the bottom could be in. there's no real way to know, but i have this feeling. ---- everyone wants 20k, but what if we...
the total crypto market cap suggests that a long term bottom could be in. this doesn't mean that it can't go lower; but history suggests that this could be the bottom. if a bottom is indeed in, we're going to see a significant bull run in the months ahead, which takes the total market cap up to around 4.5 trillion $. --- we're going to need some kind of...
hello? Traders, welcome. If you "follow", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (BTCUSDT 1W Chart) Resistance: around 38150.02 Strong support: 27033.35-29812.52 The key is whether you can get support in the section 27033.35-29812.52. From a mid- to long-term perspective,...
i've been talking about this idea for quite awhile now, and it still remains on the table as btc flags down here. every attempt to move up, btc gets overbought right away \ price gets pushed back down. price is starting to contract, indicative that we could in theory be in a triangle for this sub-wave 4. currently working on wave e (the final leg). --- ...
#BTC (Midterm Analysis) Bitcoin Bears Have been in Complete Control since NOV 2021.. (+60% Correction so far) Seems like Bitcoin has Already bottomed out & is Ready to Bounce Back.. Expecting a New All Time High in Q3 ✍️ Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!! Thanks...
good afternoon; --- btc looks to be playing out a double combo in this general region. a double combo is a series of three wave moves which are labeled as a w-x-y. each leg in a double combo consists of either an abc, or a wxy. (it could also contain a triangle, but they're a bit more rare). --- i'd be expecting a 3 wave move which takes btc down to around...
hello? Traders, welcome. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (BTCUSDTPERP 1D Chart) Primary resistance: around 32275.6 Secondary resistance: around 35280.2 Support: 27054.1-29840.6 The 27054.1-29840.6 zone is an important support and resistance...
Bitcoin Was able to Complete wave C By Ending Expanding Diagonal . My chart shows microwave 5 of wave C made in my TRZ (Time Reversal Zone) & PRZ (Price Reversal Zone). Also, We can see Regular Divergence ( RD- ) between MACD Indicator and Price . As a result, I expect that when BTC breaks my Ascending Channel , it will go DOWN at least to 29650$...
hello? Traders, welcome. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (BTCUSDT 1W Chart) Resistance: around 38150.02 Strong support: 27033.35-29812.52 The key is whether you can get support in the section 27033.35-29812.52. From a mid- to long-term perspective, it...
If this was to take place, it could be counted as a completed third leg in the wedge which I've been discussing recently. I'm really not satisfied with the price action over this last week; and it really does look to me like a phase of re-distribution -> which is why I've put myself on the sidelines for the time being. Until I can conclusively eliminate this...
hello? Traders, welcome. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (BTCUSD 1M Chart) The RSI line is approaching an all-time low. (1W chart) The RSI line is falling below the low of the week of March 9, 2020. (1D chart) The lowest RSI since BTC price hit ATH...
hello's if the spx500 is indeed working on a diagonal, as shared in my last post(view at the bottom of this thread); then i think this is the highest probability path for bitcoin to take. a choppy 3 wave move which goes on for a few weeks, before seeing the final leg down to 22~23k. --- wave 4 could go a bit higher than my current projection, but it would need...
I think I got this correction set out. Looks like an accumulation for a bull trap and a move down.
#Bitcoin (Price Analysis) Since 9th November 2021, Bitcoin Bears Have been in Complete Control & till now, Bitcoin Price has Dropped +50% since All time High. Now, Seems like Bitcoin has Bottomed out & Getting Ready for Another Bullrun like Jul-Nov 2021.. Bitcoin RSI is Printing Massive Bullish Divergence (Which is Bullish Sign) in Daily timeframe...
🌙 take a peak at this weekly channel: notice all of the points of confluence, and pay attention to how the previous levels of support have turned into resistance levels. now that bitcoin has successfully fallen out of the weekly channel, the lower portion of it has in theory now become a significant level of resistance. order books are stacked to the brim...
hello? Traders, welcome. If you "follow", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (BTCUSDTPERP 1D Chart) Primary resistance: around 32275.6 Secondary resistance: around 35280.2 Support: 27054.1-29840.6 The 27054.1-29840.6 zone is an important support and resistance...