- golden cross - increasing volumes - bullish divergences - end of the big falling wedge (throwback completed) - historical technical supports (Price, MACD , Disparity Index , RSI ) - blue pill (Hash Ribbons indicator, not in this chart) - bottom found (Puell Multiple indicator, not in this chart) - reversal signal (Network Value to Transactions ratio, not in this chart)
I think we bottomed out on this cycle, and we're entering bull market with 48-50k first target of the long term trade.Based on OI data and RSI weekly bullish divergence.
In my opinion, if the price fails to sustain a breakout above $48189 while maintaining support at $44100, the 2020 lows between $10,500 and $3782 may get a visit. This trade is not financial advice. I am not a financial advisor of any kind. Please do your own analysis, responsibly manage your risk, and stay safe. I am just a stupid degenerate gambler who is...
BITCOIN price broke above the resistance area $38,000 level,, after a correction if price continues to hold above support I expect the price to move higher towards the next resistance.. Trade Wisely *The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent...
Bitcoin is testing the upper boundary of an ascending triangle formation on a daily. In an uptrend, such a pattern is a very strong bullish formation. Its neckline breakout - a daily candle close above 38500 - will give you a strong bullish confirmation. A bullish continuation will be anticipated to 39900 then. ❤️Please, support my work with like, thank you!❤️
BTCUSD The price is firmly holding above the ascending trendline + the price is moving in an asc. channel, as long as price stays above the ascending trendline the price will be bullish. Trade Wisely *The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent...
BTCUSD The price made a bullish break of the Bullish triangle pattern, after the break price is currently heading to retest the resistance turn support area around $35K area, after reaching support if price continues to hold above the support, I expect the price to continue higher.. Trade Wisely *The content on this analysis is subject to change at any...
BTCUSD formed a classic bullish pattern on a daily: I see a completed ascending triangle formation. 37900 - 38500 is the neckline of the pattern. If the price breaks and closes above that on a daily, it will confirm the strength of the buyers. A bullish movement will be anticipated to 40000 then. ❤️Please, support my work with like, thank you!❤️
Bitcoin is consolidating within a wide horizontal range on a daily after a strong bullish wave. I will anticipate a further growth after a breakout - a daily candle close above 38030. Next resistance will be 39600 ❤️Please, support my work with like, thank you!❤️
BTCUSD The price is firmly holding above the ascending trendline, and price is also above the support area around $36,500, and price again started rising upwards if the resistance around $38,000 breaks strongly then after correction/pullback price may attempt to hit $40,000 as the next target... Trade Wisely *The content on this analysis is subject to change...
BTCUSD The price made a bullish break above the Resistance area around $35,000, and price is currently trading near 37K level, price may consolidate above the support area then continue its bullish move upwards. Trade Wisely *The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting...
BTCUSD The price made a strong bullish break above the Daily Resistance area around $30,000-31,000, and price is currently above support/resistance structure, after a correction towards the previous resistance turned support area if price holds above the support I expect the price to move higher... Trade Wisely *The content on this analysis is subject to...
BTCUSD The price made a bullish break above the Resistance area around $35,000, and price is currently trading near 37K level, If the bullish pressure is high price might continue higher from here towards $40K level, or price may consolidate above the support area then continue higher. Trade Wisely *The content on this analysis is subject to change at...
bitcoin up only forever, unless the lower trendline breaks convincingly
capitulation day, could we be seeng $17k bitcoin? the longest of long term trendlines must hold at the 100 monthly moving average. my worry is even if this bounces here we have broken a mid term trendline signifying that this could be a dcb (profitable dcb) - is bitcoin dying?
trade pressure is coming back to neutral from a positive move, this coincides with landing into a support zone it felt weird how bitcoin did not take last years liquidity just above 32k as it currently forms a bull flag/wedge into the support zone we could see some relief and a move up soon the question is whether it is a corrective B wave, or the start of a final...
Each of these BTC/SPX tops tend to end that way. However, the last 2 years we spent in a bear market, so maybe the pattern stops here. Anyway, I don't see BTC climax until 2025, more consolidation is needed, and this is the most logical setup to cool down a bit.
BTCUSD price made a bullish breakout of Head & Shoulder pattern. after a correction if price continues to hold above support I expect the price to move higher towards the next resistance.. Trade Wisely *The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent...