Hello guys, not too much words here, just the chart with everything you need on it. Possible targets on green flags, with possible timing too.
If you like my charts please show some form of support, comment, like, share !
Reasons for open position:
- Price break up level at 8014
- Bottom part parallel channel coincide with key level
- Open buy near 7770
Stop below 7600
Take profit 1/2 and higher, depends on your greed
If you like the idea, please push like and subscribe, it motivates me to post ideas more often.
BTCUSD seems to be in a pullback phase of its second setup bull leg. The first bullish impulse leg got retraced around 85%, same retracement level applied to the current bullish leg lands us around $3200. Judging from the previous behaviour of this pair, if its historical dynamics are repeated, the ultimate demand area can be expected around $3500-$4500. If the...
The Satoshi Signal, as I like to call it, is the most powerful trend reversal signal I have ever witnessed.
Look at the chart. We're sitting kinda high. A long legged Doji at a very high price is .. well, not a good sign.
We could go SLIGHTLY higher, but I doubt it. Edge into a 1-5x short at a local high and thank me later.
Pigs get fed, hogs get...
Last night i had the weirdest dream about Bitcoin (seriously)
I dreamed Bitcoin was going fully parabolic all of the sudden, FOMO in full effect, everybody was buying, trying to take profit only to re-buy immediately, within seconds, couple of minutes tops it went up to about 630.000 to 640.000 $.
(something like this)
1. EMA 21 weekly has turned green
2. Based on Elliot Wave theory, now we are in the fifth wave with a possible target of 100k
3. The Fibonacci retracement shows the potential target of up to 70-100k
Good Luck :D
Good day Traders
Bitcoin is retracing after a few days of battling that DMA50, whilst watching a new episode of paint drying, and no volume follow-through. We're now on the verge of a temporary bearish crossover between EMA15 and EMA200. See the 2 screenshots below of the S&P and DJI which shows the last time we had a downward cross of EMA15 and EMA200 in those...
Btc/usdt analysis using Elliott wave and wyckoff and harmonic and techniques analysis
Now we are in the 2th wave and should dump from 8303.9$ ~ 8553$ to 6857.6$
And the wyckoff theory told that we are In distribution phase.
And 8303.9 ~ 8553 is a strong resistance so be careful from the upcoming dump
And we have a head & shoulders in 1d fram so be careful.
Ethirium here showing the same market structure with bitcoin during last quarters pump
also seems to be consolidating in a broadening wedhge( crypto assets ike to consolidate in this pattern)
already scaled in some longs with a stop below wave (4)/invalidation of the broadening wedge pattern
targeting 600 USD
Definitely a big bull market on the larger scale of things
Currently Bitcoin BTCUSD is facing a very important resistance level which worked for months, keep close eye on the momentum, if the market break this level early, you would watch explosive move to the upside, I would not think of better place to re-enter the market if it break this resistance level.
please follow this idea to be updated.....
Everyone is thinking how far actually BTC can go on the next upcoming bullish waves.
Well, we made a couple of such analysis and we think that the minimum is $350 000.
As you can see we marked the big big channel with a support and resistance line which guarded the price of BTC over the years.
Especially support is important because it was never...
BTC has found support at 7500 level, and jumped above 8000 lately.
Now it's correcting a flag formation.
Watching the breakout of this formation may provide us a short term swift move.
Thank you for your likes and support