This video is just looking at the 30 min and 4hr charts, and then going on some random tangents towards the end.
Biggest takeaway is the 4hr chart as that has many possible boundaries that will take a significant amount of time to observe.
EDIT: I think I may have said it was the 1 hour timeframe in the video, oops!
Like to see price to find support at 41k for the next 2 days to show us this level is super resilient for more upside. Will be adding more coins definitely coming Monday in it plays out this way. Such uptick can become very impulsive, so be prepared.
On the flip side, I am also seeing the Bearish Divergence forming on the MACD. This can suggest that the buys...
This is not a valid analysis, nor a financial advice.
This is only a speculative idea of future structures BTC could face.
Please do not take seriously.
Thanks for your support.
Let me know what do you think about this. And give me a thumb up if you find this is good content.
Peace and Joy!
Dear Traders, This is just a quick update on my previous and recent analysis on Bitcoin. This is not meant to cause confusion, rather just to shed more light on this instrument. My whole bias is bullish on BTC. It is just a matter of me finding that close to perfection kind of entry to go with the flow.
Please consider my analysis very careful before making any...
Hello guys, welcome to this important update.
BTC is in a tricky position right now. Ever since BTC touched the $29k price point, we saw back-to-back green candles for almost 10 days. Today's candle is red but we are still 4 hours away from the daily close so we cannot confidently confirm it to be red.
So, here's the probability, the blue box in the chart is a...
I love the impatience of the herd.
The more I get trolled the more I know I'm right.
Go against the herd!
Everyone thinks 100k plus this year!
Everyone punks me out because they expected to happen right now. And all along I said this was going to take probably 18 months to find bottom and start working its way out.
Buy if you will.
Since last update (7/25/21), BTC received a strong bullish news catalyst in the form of Amazon announcing they would begin accepting Bitcoins as a payment method. Though later denied by Amazon, the report none the less provided enough of a catalyst to push the price past the 50ma on the daily chart with rising volume. This should mark the end of the downtrend for...
Potential buy setting up on BItcoin. This coin has been bullish the last few days. I don't see that changing anytime soon. I am still Bullish on bitcoin until the trend flips on the 15M.
If you were to draw a fib on Bitcoin you will see we have a rejection to the upside off of the 38.2 level. Creating a Bullish Flag formation
First TP for the buy will be at the...
What I see:
1. Descending Channel - lower lows and lower highs
2. Descending MACD - more momentum to the downside
3. Previous support @ $39,300
BTC will break the channel and descend quickly towards $39,000, but will be met with support at that level. It will then consolidate for a few hours before making its next move.
Analysis at the...
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