➖ Bitcoin is now red for the fifth week in a row. ➖ Confirmation is no longer needed, the market is about to sell-off. We are looking at Bitcoin on the weekly timeframe. Notice how the week just started and we already have a full red candle. Normally we get the first half of the week green and the second red, on a normal week. This change in behaviour is...
Pi cycles still on target. Bulls are not giving up the fight. Reversal shows bear trap. Blue wave plot is about to splash and rub with my moving average to create a ROCKET LAUNCH. BTC might reach to GETTEX:59K Double top and bottom connected to rising wedge and bullish flag.
Blue wave dips, splashes the trend upwards as it rubs against my moving average to confirm a BULL RUN. Double top & bottom Creating this idea knowing BITCOIN is in the negatives because I know what’s coming.
Just like the downward trend line I drew on the chart, the recent price shock and decline of Bitcoin was completed along the downward trend line, but today the price broke through the downward trend line, then the price is likely to continue to rise in the short term. The price is currently in a rising callback stage. As long as the price does not fall below the...
In a bustling town nestled by the sea, there was a young trader named Kira. Her dream was to navigate the vast and unpredictable market waters, much like a seasoned fisherman seeking the best catch. Her mentor, an old trader named Captain Renzo, often spoke of the market as a treacherous sea full of challenges and opportunities. "Ahoy, Kira!" Captain Renzo would...
Bitcoin (BTCUSD) closed the first green 1W candle following a streak of 4 red ones, so it has been the first week in almost 1 month. That alone is a strong bullish sign, especially on the very aggressive Channel Up on the 1W time-frame (chart on the left). As you can see, every consolidation that is formed after a Higher High (red Rectangle) ends and transcends...
In a previous post I drew attention to the large monthly engulfing candle on BTC and made the observation that historically this has 100% success rate in marking BTC highs. In this post I want to take a more technical look at the formation of this big candle. We have what may be the early formations of Elliot waves (Marked in the OP). With our drops coming in...
Spoiler : its gratitude I've gone through many emotions whilst keeping this position open, especially when seeing the PnL shrink I lost sleep, exhausted my brain and felt many repetitions of the feeling vertigo I had to get my mind right, so I took my problem to the forest and ask the divine intelligence Gods to guide me They taught me that the best way to...
Time to buy. +16% coming. With the FED this afternoon and do to the liquidation of bitcoins, and also the area, very good support. Let´s see. blessings.
This is the situation right now on the daily timeframe; Bitcoin produced a lower low 1-May, this normally leads to a bounce. A bounce after a new lower low can push prices easily toward 70K, as a lower high but this isn't happening, this didn't happen. The bounce pushed prices to 65.5K and that's it, weak and a lower high confirmed; so far. Closing today below...
At the beginning of the month, due to tensions in the Middle East, BITSTAMP:BTCUSD dropped below the crucial 62k technical support level, even dipping below 60k to reach a local low at 57k. However, this breakdown was short-lived, with BTC spending only 2 days below this significant level before reversing strongly. This reversal confirmed a false break when the...
Hello, dear friends! I think many of us were cheered up by a little Bitcoin pump. In fact, nothing unusual, it's seen within the framework of a descending trend. It's very important to monitor the price behavior, which may approach 63,000. I see several possible scenarios: 📌Scenario 1: The price will rise to 63,000+ and test the descending trendline, then go...
btc /usd have creat the coch in 1 min with bos so ia ma going to take long postion up to 15 min up bo zone NOTE- please trade at your own risk no dinincal advice GOOD LUCK
#Bitcoin is trading at a decisive point. If this support level breaks, we could drop all the way down to $52k. The trend has shifted bearish, but don't forget that Bitcoin is known for making deviations. Historically, May tends to be a negative month for BTC in terms of returns, and we're already seeing the effects within the first two days. Let's see how this...
Hello, friends! Today, I wanna share with You my short-term analysis of Bitcoin.👇 Note that the price has broken through the purple 🟣 and the orange 🟠triangle. Currently, the price is attempting to test the resistance level 60 000 (the lower triangle line) and it's likely that we'll see a price decrease to the levels of 56,000. If we fail to establish...
Green wave 5 is marked as a failure. Alternative: But, considering other coins, alternative is weak. Since there is no impulses on ETH from the low, I think, it will go for another local low. The same on ADA:
The BTC/USD pair is indicating a potential selling opportunity, with a targeted sell zone identified at 64460. This level represents an area where sellers may consider entering the market, anticipating downward movement in the price of Bitcoin against the US dollar. Furthermore, technical analysis suggests two potential targets for this sell opportunity. The...
Recently, BTC has experienced downward pressure. A bearish pattern is evident on the 4-hour chart. At present, it has traded into a key support zone and there’s a strong possibility we see it pullback into a resistance zone. The video discusses the prevailing trend, recent price movements, overall market structure, and presents several trading ideas for your...