This is big momentum for selling waiting drop down to $15.000-$14.000-$12.000
Bitcoin is a symbolic play against the House in a game of blackjack, hence the 21 million limit. The player soon finds the odds are stacked against him despite his enthusiasm Looking at the stack you find some things aside from the momentum indicators rolling over A. How euphoric does a market need to be to create laser eyes? 2. Or a president of a country...
Hi, Here's a potential trading strategy for Bitcoin. Currently, BTC appears to be in an uptrend within a broad channel. It might be heading towards the lower support of this channel. In this scenario, we could expect a liquidity hunt down to $24,000 to trigger stop-loss orders, followed by a significant rebound towards $38,000. This movement could conclude with...
BTC can turn bearish only if it closes below 42500. Earlier post i was bullish and also it met first tgt of 43400 at which point my software gave an exit. I assume the run would continue until 48k. But since my software gave a sudden exit couldn't post as the fall also happened suddenly. This could be because of profit booking in DOW which took already support and...
I'm going to make a bullish prediction move to $40k. It's a bit risky because price is currently below the key $28-32k (grey box and yellow arrows) zone which is a tough area for price to break through, though the action looks positive and I feel that it's slowly winding it's way to the upside. If price dips below $24k, then the idea is DOA.
BITCOIN price broke below Ascending trendline, currently price is in a correction mode, after the correction I expect the price to move lower. Trade Wisely *The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
BTCUSD price got rejected from the descending trendline and resistance area, If price stays below the support, we can expect the price to move lower towards support area.. In case, price breaks and close above the blue zone, price will be bullish.. Trade Wisely *The content on this analysis is subject to change at any time without notice, and is provided for...
The sloping support and resistances to keep in mind are good visible on the daily
just take a look at the bigger timeframe , and see what unfolds
Waiting for this broadening top to play out. It's forming at the top of a bearish harmonic. Targets below depend on your points for measurement so I included 2 fib 050 levels to watch and a 3rd that is the lower yellow TL. 1) 36,800 2) 34,600 If we dont hold these points (very plausible), the next area to test is the 30k level.
Basicly my chart remains pretty much the same , I am bullish on BTCUSD , however ... i still think we are gonna retest the lower 40.000 - 45.000 region , it could be a quick dip , followed by a rather quick recovery , i would keep an eye on the bigger time frame at all time. expect the unexpected, and trade safe guys ! - NEVER INVEST MONEY YOU CANNOT...
Btc is going to be an ideal currency soon, simmilar to gold a matter of time befote it shoots up
The price of Bitcoin rose 0.9 percent over the past 24 hours to roughly 43,160 dollars. The world’s largest cryptocurrency has been trading around 43,000 dollars over the past week and is down more than 12 percent from its cycle high reached when the Securities and Exchange Commission (SEC) approved 10 spot Bitcoin ETFs on Jan 10. Mixed trading conditions lie...
I am looking at this unfolding. An A,B,C wave up. Most of the people commenting we are going down are trolls or uneducated. Just look at where we came from not to long ago at 13k so how is 40k a bear run, LOL. It is important to understand that reading different time charts is required to understand where we are going with price action. to find out where we are...
52900 is the next target on BTC. easy way to go to the next step 62700.
A psychological level is a price level that traders feel to be significant, generally due to its round number or because it has previously acted as a support or resistance level. These levels are not based on any intrinsic fundamental worth, but rather on market participants' collective view and conduct. These levels, sometimes known as "invisible lines,"...
BTC looks like its finally going to dead cat here on the fed bearish outlook for rate relief. I am heavily eyeing the OBV here, if this breaks trend we are going to flash crash. The stochastic not pictured here is also coiling downward. I drew these blue path lines a while ago it would be crazy to watch them mostly follow the dead cat to the date here or close to.
on 1H timeframe, FOMC event caused the BTC drop and broke the inner trendline, i'm going to wait for a retest and ride it to 50% fib retracement.