Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
Due to the structure of the growth of the halving (yellow lines), high (green), low (red) and some reasons for the occurrence of high points and observed points of each cycle, respectively. An interesting observation is that after the peak of such a cycle, the value of btc in usdt will start to show a lower high in the subsequent cycle.
Basic play for anybody sidelined, be patient for healthy pullback to get in with a big size and leverage option in case of deeper dip. Invalidation around 32k. You want to pray for a retracement and 47-48k resistance plays it's role.
The price of Bitcoin (BTC) is currently on an upward trend. Surpassing the psychological level of $42,000 has sparked optimism, with Bloomberg setting an ambitious target for the largest cryptocurrency by market capitalization. According to the news outlet, Bitcoin reaching $42,000 is just the beginning of a new crypto super cycle that could propel the world's...
Bitcoin has maintained a bullish trend for 84 consecutive days, displaying an 80% increase. Anticipate a response in the range of 46650 - 47350, followed by an expected pullback of approximately 30%. Various indicators, including the descending trendline, ascending trendline, reversal point, overbought conditions on RSI, and structural considerations, suggest that...
Btc chart using an experimental method. The same method indicated all previous ath from the 6 cents start. These are the key levels of support resistance that are also targets. Everybody is expecting retracement to 32 - 31k area. In a normal conditions that will be valid, but for super ciycles we are looking at a bigger period and the retracement was done...
I will be looking only for bearish movements and breakouts to continue shorting this idea. Happy trading.
It looks like the price might experience some swings between 47k to 52k. So, we'll tackle it level by level, analyzing each move along the way. 🚀📉💪
Continuing with my Idea that Bitcoin will top out at 46200 then I will ladder in a short trade from 45975 46200. I'm going to front run the 61.8% retracement coming in at 48547. Tight stop but lets see the reaction at 46200. TP1 at 38200. All the way to 29000 (Hopefully) but main TP target is 31745.
Last time, the price responded well to the TrendShift Indicator midline, and the 0 line in the MasterCycle Oscillator acted like solid support. I'm patiently waiting for the price to retrace. History speaks.
48k-50k will have great volatility. Im suggesting to short at this price
A laborious proof: Motive Waves (If my analysis is correct ...): Wave X (blue): The rise from 2020 to 2021 was wave X (keep it simple!). Corrective Waves (Expanded Flat): Wave A (black): (Apr-Jun) 2021 was a "A" wave (Wave A = 61.8% of Wave X). Wave B (green): Wave B terminates about at the level of the beginning of wave A (Wave B = 123.6% of Wave...
According to my understanding, wave 5 terminates well beyond the beginning of wave 4 (wave 5 is still not complete) Technical Section: In this chart above, wave 3 is less than 161.8% of wave 1, as a result, the 5th wave overextends itself. How often does this happen? Our "experience" tells us that it happens (very often). Target : $ 42000 - $ 45000 Stop...
Since the beginning of 2023 until now, I have remained consistent with the goal of BTC not being able to break 40K. Right now, I haven't changed my opinion! As you can see, it's almost done. How much time do we have? Yes, above are some suggestions for your reference. We respectfully reiterate that reality is always harsh and there is no sweet Alt Season....
The trend is loud and clear and pushing bitcoin towards 60K as early as January 2024. On the bear side if bitcoin breaks 30k to the downside, things could start to break much lower with a strong support at 24k. Time is on our side. This is the start of a long bull market.
Bitcoin has now entered into a new zone of interest $42200-$48600 after a successful breakout from a cup & handle pattern. I remain bullish while $42200 is defended and look to the smaller time frames for pullbacks to buy longs intraday. Note: RSI is overbought so best to keep the risk tight
Hello, here are a few scenarios for Bitcoins next harmonic move. the pink bearish trace could become a trigger for a larger bearish move, esp if it creates a low neckline... below the level we took off from for this leap. exciting to see DOGE taking off as well. I wonder if the pair will decouple on any of these moves?