in 1D chart BTC is still consolidating in falling wedge pattern...breaking out the upper side make btc trading above the green rectangular and it's just a matter of time to habben. Green rectangular is a most important zone in this chart...it represents a neck line of the inverse H&S pattern , 0.5 fib level , POC line , 50EMA 4 massive resistance in daily chart...
Vertical lines represent bearish and bullish sessions. The next reads to be a Bullish Session. The price is questionable. The 3-month space is just an idea of what might happen. Bubbles represent price zones. I will not play Wizard and predict where the price will end up. I'm only being honest. Price action, sessions, and pi cycles read how and where. Prices are...
Bitcoin (BTCUSD) is on yet another green 1M (monthly) candle and if it closes that way it will be the 8th in the last 9, a natural Bull Cycle rally. This is taking place around the former All Time High (ATH) level for the 3rd month in a row. A similar consolidation (blue circle) took place during each and every past Cycle and every time a very strong rally (green...
Bitcoin (BTCUSD) just completed the final consolidation phase (red Rectangle) that as per the price action of past Cycles, is the final stage before the 1-year rally to the new Top. As you can see alt coin market (black trend-line) tends to bottom after Bitcoin's rally has already started and when it turns sideways again for a few weeks. Technically alts make...
I find it hard to be bullish on bitcoin when volume has been so low for so long. If volume continues to mean something like it always used to, it's likely that prices will go lower, before they climb again to newer highs.
Bitcoin continues to hover within the downward-sloping channel, and the trend of a lower degree remains neutral, as implied by the low value of the daily ADX and choppy price action. With these developments in place, the focus lies on support at $60,760 and $60,000; a breakout below these two levels will bolster a bearish case in the short term, especially a...
Hello. As you can see, Bitcoin failed to break the Ascending triangle in its last attempt, and now it is making a fourth downward wave based on Elliott , and than we have to wait for Bitcoin's rise. 👀To motivate me ,Like ❤️ & Share 🌐 this post with your friends ! Thanks for your support ♥️ ⚠️Things can change... The markets are always changing and even with all...
Bitcoin price fluctuations have directed significant attention from investors towards meme coins. The primary reason for this shift is the higher volatility exhibited by meme coins, attracting many new participants into the market through notable success stories. This pattern frequently leads to speculative price movements when Bitcoin prices surge. So, what’s the...
Before establishing new ATH levels, I think Bitcoin will rebound to the GETTEX:49K - GETTEX:54K price area.
Part of my ongoing analysis, see links below. Our bounce is at a crucial level right now. This level is where the retrace could end. Possibly bears' last chance at lower lows. Elliott Wave theory would call this an "ABC" Which implies a correction within a trend. So possible to resume downtrend from here. Good news for bulls is that 63.3k was the KEY. The red...
Watch for the closing price penetration of the right shoulder high as an indication that Bitcoin will go on a run against Gold.
If the premise of a trend reversal is going to come to pass we need to see rejection of the attempt to trade at a new high. The breakout looks much more promising now but when you look at a lot of tops you find many of them have wicks slightly above the high. I believe these are referred to as "One tick traps" (I just call them stop hunts). If the breakout can...
🔸in daily chart can notice a power of 3 (Accumulation ,, manipulation ,, Expansion)" 🔸we are in stage 3 (expansion) accordibg to my vision.. that matching so likely with RSI indicator...(breaking out multi-month trendline) 🔸must be considerd that the price breaking out a POC line with large green candle too 🔸price now testing the 0.618 fib (golden level) 🔸so...
Q3-Q4 2023 wont be so nice for BTC/Stocks if you ask me. So I'm thinking about a bottom around 17k. Then just buy and hold.
Greetings Traders, I wish to update you on my stance regarding BTC. Kindly refer to the attached video for insights into my current perspective on BTC and my forthcoming price projection. Please be reminded that trading crypto carries inherent risks, and this information does not constitute financial advice. Best regards, Lord Medz
Hello friends In Bitcoin digital currency, we see the formation of multiple waves in the shape of ABC (zigzag). This pattern only appears in triangles. Triangles appear in wave B of a zigzag or wave 4, but considering that before these zigzags we see a wave that consists of 5 parts, so the theory that this triangle of wave B is a zigzag seems very strong....
Traced over smart money trend movements. Two circles represent hidden secret smart money double bottoms. Not revealed to the public. They must meet an algorithm. How high, for now it’s questionable. Breaking all the rules: whales break rules, so will I. Stay tuned for buying and selling updates. Once I can confirm BULL-SHARKS BUYING entry, I’ll update. I’m...