Hey Traders, Being an existential trader really isn't preferred. It's better to take value, than to FOMO Gamble. These are important lessons one discovers as they embark on their trading journey. Watch for more.
Hey Traders, News circulating around a potential Bitcoin ETF Approval is causing volatility in Crypto markets. But, you always have to keep your head screwed on and understand some key components. Watch for more.
Not much to say as the chart says it all. Do we hold the channel midpoint? Will there be a capitulation before the halving? Time will tell.
The difference between a good trader and an Elite Trader, is having the skillset to adjust & pivot with the market with any Price Action it throws at you. P.S. I'm dropping an 8hr TF video... _SnipeGoat_ _TheeCandleReadingGURU_
We have a beautiful breakout from the bull pennant that I have been sharing, on increased volume with nice candle spread. The flagpole starts down at the $38,500 lows, and based on that measured move, the target is around the recent ETF highs at $49,000. This is simple classic charting.
BTCUSD is in bullishing trend. I used Fib to calculate.
#BTC #Bitcoin #Final #Update 'C' #Wyckoff #Distribution #Eddy We Are Here Guys <3 Enjoy ;-) This is a new update of final (( BTC/USD )) Wyckoff update : check link :
Morning folks, Sorry for a bit messy chart, just try to put everything necessary here. So, our minimum target is mostly done - 45K area. Next one is 47.22K - H&S major target. But, since the 45K area is moderate resistance level, it is normal to expect tactical down reaction on it, somewhere to 44K area at least. Before upside action will continue
Another week is showing us some bullish momentum here after that liquidity sweep, which resulted in a touch to the $39,500 zone. Now that we are seeing another bullish weekly candle, we also see the long wicks that are left by bulls in the upper zones, which indicate a potential short squeeze to happen soon. With that being said, we are monitoring that $45K zone...
While I wait for Bitcoin to reach the $32 area, I've noticed a promising setup for a long position. As I've previously mentioned, a retrace to the $45 area is likely, and it now seems that we'll be moving in that direction soon. This presents a nice risk-reward opportunity with a clear invalidation point on a break and close below the APEX
My bias still the same as my previous analysis, I'm still for sells. I advise you to check out the prior analysis, you will notice that the price did not provide a candle stick confirmation on the 3rd touch of the pattern. Meaning no trade was taken. The price now is presenting Quasimodo pattern which is also a signal for selling opportunity.
CRYPTOCAP:BTC #BTC $44,860 resistance testing. Amazing break from $43,145 key resistance, RSI on 1D looking good, next resistance area to watch at $45,622-$45,876, $44,860 support crucial to hold as this will help reattempt at $47,232 key resistance. $44,174 current support yet to be tested
Today's focus: BTCUSD Pattern – Continuation (Bullish) Support – 41,450, 38,514 Resistance – 44,713, 47,540 Hi, traders; thanks for tuning in for today's update. Today, we are looking at Bitcoin on the weekly chart. So far, so good, as buyers continue to push at resistance and push forward with a bullish continuation idea. After rejecting the last low and...
BITCOIN FAIR PRICE Until March 1 Fair Price: $43,387 Oversold below (buy signal): $42,462 Overbought above (sell signal): $46,312
I spotted a lot of bullish confirmations on Btc on a daily time frame: 1. The price formed an inverted head and shoulders pattern and violated its neckline. 2. The right shoulder of the pattern is also an ascending triangle formation, its neckline was also violated 3. Neckline of a head and shoulders pattern represents a key horizontal resistance, the market...
For a long time investor, a bullish order Block sitting arount ~49000-51000 with a confluence of FVG just recently touch., ichie Cloud also confirm a A bullish direction with high volume
I made this drawing a few weeks and now I'm posting it. Could this be time for btc to blast off? Moon time.