CORRECTION NEARLY COMPLETE ACCUM HAPPENING NOW. WAVE ANALYSIS STILL VALID. IF.. WE DROP LOWER FROM HERE AND CLOSE WEEKLY NO LONGER VALID.
THINK LONG TERM BUT ALSO BE SENSIBLE DO NOT ATTEMPT TO CATCH A FALLING KNIFE NORM DOES NOT END WELL... WAIT FOR CONFIRMATION.
#BTC Love the recovery here, respecting & flipping every level since the ~47k level test Clean above 57-58k area and it will try the ATH again..
Bitcoin fell out from the rising wedge and is now in a ABC bear flag correction phase targeting the 21 weekly Moving Average which also correlates with the 0.382 Fibonacci from the greater move Corona crash till ATH). The B would also fill the CME gap and if you draw a Fibonacci extension from ATH to A the Golden pocket marks the CME gap perfectly. all this...
PULLBACK began on 14 / 4 I see a shallow correction then a PUSH towards 80K
Hy trader! What a nice weekend, bulls break out with good volume and stay strong! If you're new to the game, check out my previous analysis..BTC Swingtade bulls defend 50k, see link below. If you're not in a position yet, check out the 60k -60500 range. My SL is below the breakout level. Btc should no longer be included! If you're holding alts, be careful, if...
I still believe the Bitcoin price is relatively bullish. This trade idea is an update and takes into account recent price action. If the price breaks above $59,950, I believe a long scalp can be taken to $58,300. If the price breaks above $59,950, I believe the larger move will likely continue to $70,206. I will continue to scalp the lower timeframe on my...
hello, while i was looking at bitcoin earlier this afternoon i noticed a few things that could play a role in the future roadmap. on the right chart you see the macro view here I see we could make another huge head n shoulders if it would go down now like RSI, Market Cipher and other indicators tell us what I also notice is that the logical and symmetrical...
Bitcoin has reached its last resistance, if it manages to close above 57K we will see a new ATH soon, if it is rejected again I think we will see a small correction before going to the new ATH, however the daily chart is super bullish so I very confident, good weekend everyone
I believe $65486 is the price to watch for a correction or continuation of trend on the larger timeframe. This trade idea 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. THANKS FOR HITTING THE LIKE BUTTON!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
failed breakout followed by retest of strong base around ~53k & reclaim of previous ATH, targeting 2.618 fib extension
Bitcoin double tapped the trendline and bounced with strong volume and large candle body. The last time this happened, Bitcoin pumped from 47K to 62K. If we assume a similar rise, we can be looking at $69-70K soon.
I believe the price will continue to $160,996.00 I believe the price is unlikely to retrace down to support @ $27,446.00 This trade idea is not a joke. Enjoy the ride. This trade idea is not financial advice. I am not a financial advisor. I am only expressing my opinion of the market. Please do your own analysis, responsibly manage your risk, and stay safe....