We explained about this upcoming rise when we had fake breakout :
and then as confirmation of pump, we need that the black trendline break and it happened and the pump continues.
Now we have a valid resistance zone ahead that we may see some...
Tightening regulation of crypto-exchanges:
- financial audit of the crypto-exchanges;
- the regulator may tighten the KYC procedure;
- only the verified users will be able to trade.
The unverified accounts will be blocked. People will have to provide evidence to prove the origin of funds. This may apply to already verified users too.
Unverified accounts are the...
Welcome to this update-analysis about Bitcoin and the weekly timeframe perspectives. Since the origin analysis I uploaded on the 6Th of June the overall picture has changed exorbitantly and Bitcoin has developed some worthwhile price-actions that altered the interface and will be a decisive source for the upcoming movements. If you did not see the origin...
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This Bullish Ascending Triangle has a much higher chance of breaking to upside now that we have discovered a necessary condition.
It sounds counter-intuitive but if a bullish ascending triangle has Bearish Divergence on RSI, it's much more likely to break to upside... we currently have Bearish Divergence on 1H and 2H
Considering the Fundamental news is...
🏛BITCOIN has bounced from the support below
And is headed right into the massive resistance level
I doubt the coin has the strength to break the level
At least not with the first attempt
Thus, I am expecting a pullback from the level
With the good chance that the price will fall back to the support
not out of the woods yet. TD tom demark sequential nearly a 9 sell setuo which often see reversals as the chart can show
next monthly pivot coming in a few thousand lower. basic pivot points can show that btc has test the new monthly pivots points from both sides 55 out of 57 of the last months
linear regression channel is still down and yet to be broken....
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Quick glance: As of now, Bitcoin is hovering around the $39,600 mark. After the initial rally towards the end of the weekend, we saw a consolidation. The price has started going up again. However, some...
As Retail traders continue their moon ticket purchasing & placing orders for Lambo's. The institutional players are fighting their own battle, waging war on retail.
Its a story as old as time, trading is a constant fight - one man's loss, is another man's win!
I have recently posted some logic as to the current situation, the time stamps, used every tool in the...
You can't be emotional in these markets (stocks, forex, crypto, real estate, etc). You will lose this game following the news and doing what the majority does. News creates emotions. Everything you need to know are on the charts. News are manipulated by the elites, and they take advantage of our emotions. Stop listening the news and pay more attention to the...
We can see the price of Btc has been Rising rapidly.
Now price is at the Resistance zone. we may have a slight price pullback to support price 36400 before another Bullish market going above the Resistance zone.
I will be holding my Long position with stop loss at support.
stay with the market, lets see what happens
I have been using the Gann Fan tool for a while now with amazing results and here on this channel for months now going over how important it is to break the 8/1 Gann ratio for Bitcoin to see new all time highs.
As of today Bitcoin has broken the 4/1 Gann ratio then pulled back tested it as support and now it seems we could be heading up to the 8/1 Gann ratio. ...
Our long-term bullish background is almost set as it is just 2 sessions till the end of the July and hardly possible the drop below 29K lows. But for position taking with this setup on monthly/weekly charts we need healthy retracement. Now BTC stands in a first more or less solid upward action and gradually is coming to 42-43K resistance area....
This is the most popular Bitcoin pair in the world. Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of Bitcoins is carried out collectively by the network. Bitcoin is open-source; its design is public, nobody owns or controls this cryptocurrency and everyone can take part. Bitcoin price grew significantly within a short period of time making the BTC/USD pair quite popular among active traders and investors. Through many of its unique properties, Bitcoin allows exciting uses that could not be covered by any previous payment system.