Bitcoin / Euro
Since my recent analysis on the 'Buy Zone since April 2013' attracted so much interest and reactions by the community, I've decided to extend it. On the current idea, you see Bitcoin (BTCUSD) on the 2D time-frame with the Buy Zone and 1W MA200 (red trend-line present). This time, I've designated the current and past two Cycles with a Pivot line that I'm calling...
Over the past two weeks, we have continued to warn investors about the false rally, which seems to have started losing momentum. Yesterday, we warned that the correction in ETHUSD was nearing its end; then, a few hours later, ETHUSD fell approximately 10%. At the moment, we notice a similar pattern playing out in Bitcoin. Therefore, we would like to voice caution...
Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in comments, we will try to answer for all, thank you guys. Now we can see that BTC is being inside triangle, it's looks like bullish triangle for now. Support level at this moment is 28500$, resistance is 31000$. I took it upon myself...
Hi Everyone! The 2-Week is suggesting more downward price movement potential. We also have potential to fall to aqua lower b-band in the 2-Day at $26,500. Can continue further down toward $20,000 the NEXT 2-Week candle if the Green Line does not turn up by the NEXT 2-Week candle.
Yesterday the price didn't break the downward channel and the range, but it movement in there yet. The next attempt was unfortunate the same. I expect that the price will growth after a fixing above the lower boundary of channel.
I believe we are about to go on a bull run, similar to 2013 the stock market is about to correct and the DXY is also correcting once that happens we will have a big run. Our 2020/2021 top was another 2019 top that was not the real bull market
This is positive news. We have another shakeout, the miners, the whales, the market makers are trying to shake people out of their hands but why? It is very likely that Bitcoin is going to move up soon and that's the reason for the long wicks/shakeouts. It also happens to kill LONGs (long-squeeze). Now, Bitcoin can still go lower, move back up and go sideways...
This is just my take... We will be going green soon and see Bitcoin hitting around $34 and $35K. It can take a few days but we are getting closer... Do you agree? Share in the comments below! Namaste
Above, you can see that Bitcoin is currently back to 2017 ATH levels when weighted against the S&P 500. In addition, Bitcoin has also sustained a breakdown below both long term trendlines against the index. I can't really be more generous than that. Even if stocks have already hit bottom, I think Bitcoin is unlikely to outperform again, at least for many years. If...
Hello,Friends! Based on the technical analysis And the recent minor fundamental news BITCOIN looks bearish to me overall. I think that market-makers will be pushing the pair down That is why we are going short! Like and subscribe and comment my ideas if you enjoy them!
Bitcoin is in a Descending Triangle and We can Safely Say that you should Expect a Bearish movement pretty soon. So Right now the Price is Still in the Triangle but we can Expect the Bearish Break out to Happen soon. So if the bearish Break out Happens, the Price will reach 27000$ and That is a great support Point For BTC. The Price has a Little Chance to do a...
Bitcoin long-term update: Welcome member to this exclusive update on bitcoin. In the past, we have witnessed some amazing bullish rallies and some devastating falls. Many traders made fortune out of crypto and many lost their good chunk of money in crypto. Out of all, Bitcoin stood out strong in all the circumstances. Back in December 2017, a drop from $19666...
"THIS TIME IS DIFFERENT" 9 straight red candles on weekly with no pullback
Not much of a change. Still pointing down. We will see when/if it crosses 20K what the buy situation looks like. Its too early to tell, but I dont see a turnaround anytime soon. I am expecting sub 20K at least. The instiitutionms are out for the time being. It can be 1,2,3 years before it attempts to make a new high. If you can trade there will be opportunities...
I thought this was interesting, in the past both bear markets formed a falling wedge , touched the support trend line of the pattern once, touched the 200 MA, also touched and stayed above the red logarithmic line other than the black swan event but it still kept above the line. In both cycles after these happened, a bull run occurred right after. It seems right...
The breakouts below trend are decreasing in depth NOT increasing. We continue to range tighter. If the bears don't get a real close below and truly break trend soon/BULLS WILL take back control. As always watch for the 32 fake. Maybe a relief rally this weekend followed by Drama next week. Feels like retail is getting comfy with many stocks and THINKING they've...
After a drop to 25.4K, The price was corrected to the level of 0.5 Fibonacci. The price has moved sideways, in a tight range for a relatively long time. Now this range is broken and the price can continue to move. Targets are displayed on the chart.
Btc is at the bottom but funding rate is neutral. This isn’t the bottom! No panics