The trend line has been hit and bounced, we're going up lads 🚀🚀
Bottom red trend line is my new pi cycle which is aligned from RENCO candidates (but not aligned with Kagi very well) which I’ve converted to Kagi and all works with RED MA pi cycle value price dip in case BTC was to fall. Above green trend line has a gap between candles and the trend line, that’s because I used Renco wick for alignment and that space leaves...
Medium term shorting opportunity based on the theory markets range 70% of the time. 30m TF broke below candle clusters suggesting a liquidity run outside the 4h TF high. I prefer to trade back down full length of last bullish leg.
Bitcoin rebounds strongly to 65k area, which can be signal that correction may be over from technical perspective and by Elliott wave theory. We have been talking a lot about a corrective decline in the Crypto market in the past weeks. We also talked about Bitcoin ahead of the halving and we also shared a free chart back on April 15th, where we mentioned and...
As one can see here looking at this chart, the dotted light magenta colored measured move line is more or less being overlapped by the daily 20ma(thin teal line) for double reinforced support and at the current moment the 20ma is maintaining support for now. It wouldn’t surprise me if price eventually wicked below it to retest the inv h&s neckline as support since...
99.99% of all people that are extremely bullish on Bitcoin and became extremely bullish on Bitcoin early 2024, became this super, ultra, mega, uber-bullish because of the Bitcoin Spot ETFs. When mentioning the fact that Bitcoin is about to enter a major correction, they would say it is not possible because there is no reason for such a correction to happen. There...
Interesting weekly candle, a hammer that needs confirmation in the next 2 or 3 weeks. These types of patterns require confirmation within the following 2/3 sessions, they represent a retracement in the majority of cases, only if seen on the top or bottom can they represent a reversal, here we have no such scenario, the candle has manifested itself during an...
Bitcoin printed a lovely weekly candle - a hammer with a long wick down and small bullish body. This is often a sign of strengthening demand (buyers buying up the dips) and of a bullish reversal. That said, this is still just trading in a range, with price sweeping those range lows on higher time frames. Not much to get excited about until we break through the...
Hello traders. So here is where I am at with Bitcoin. The month after almost every halving is usually bullish. Saying that, I am looking for $60,600 to hold as support for Bitcoin to start the move up. I am bullish, and I am looking for Bitcoin to hit $90k or better before the month of May 2024 is over. I have consistently bought any dip of 10% or more. So...
I like how sometimes it feels like coincidences are not really coincidences and I like the way I'm making forecasts based on those details BTC broke daily 100 MA on the 16th of October 2023, 99 Days later it touched it and bounced for another wave up, on the 23rd of January 2024. We are at day 98 from 23rd January and it looks like BTC will touch again daily...
Hello If you are waiting to buy bitcoin in 30k, I must say that you will buy it in 80k😉 Bitcoin is getting ready to move up But if the breaking of this channel is fake, we will go back down and finally I can see the bottom of the price of 52k Be sure that if you have a long-term view, now is the time to buy, and if it goes down, you can buy again 🌹🌹
Hello guys, #Bitcoin is ready for another pump. The touching of the upper dynamic resistance is a must based on the latest impulse of May 1, afterwards, will be a decision point, where CRYPTOCAP:BTC either skyrockets to 80K or dives to 50K. Wait for a breakout of $65270. Target and the next resistance is at $71200
I see candle closure upside on daily support and going to reclaim the daily support i am long on btc 1hr. targets entry are mentioned from long tool lets watch i am right or not 1:4RR
Bitcoin (BTC) is currently experiencing a pronounced downtrend momentum, characterized by a series of lower lows and lower highs in its price action. This downward movement suggests a prevailing bearish sentiment in the market, with selling pressure outweighing buying interest. Support Level: Bitcoin is approaching a critical support level at 51108. This support...
All indicators are that BTC will go higher, but there is one scenario where it could go lower first (Wyckoff DM). Just another idea.
Looks like the correction is probably complete here and we're starting our next impulse leg, Still expecting this to cycle top Nov/Dec this year around 130-150k~
Bitcoin (BTC/USD) is rising towards a pullback resistance that has been identified as the pivot. Could this crypto-currency stall around this level before potentially reversing to drop lower towards the 1st support? Pivot: 64,566.91 1st Support: 61,784.37 1st Resistance: 66,916.02 Risk Warning: Trading Forex and CFDs carries a high level of risk to your...
This bounce off is perfect Parabolic bullish rise and just closed green. This is rare and mild to see what just witnessed; it can expanded from the sell point into the 90K range During that should expect the drop and sideways before going into the 6 Figures price. Expecting 90K .. a small decent drop into consolidation before we go even high to break that...