One of my charts I built for myself. The idea for these charts is to see how they unfold and build trust. I will say that the lines you see are intentional and built from some pretty solid data I use. The price may respect the curves as time pushes it through each ring. Also there is much more that can be added by using tangents and intersections. You can imagine...
Bitcoin experiencing its tightest Weekly Bollinger Band Width squeeze since 2012. But before we dive into this, let's take a moment to get to know Bollinger Bands , which are a common tool in trading. These were created by John Bollinger back in the early 1980s to help us understand price volatility better. So, what makes up Bollinger Bands? If you'd like...
Btc Usd breakout the range of 67808, so we put the instant entry at that point
There are no surprises with the U.S. dollar, vix, gold, precious metals, commodities, and stocks. Everything is right on track. We are nearing our SPY blow-off top target of 570-600, but we have some time to hit that before the U.S. election charades and the future recession. We'll review these things and then focus on what price action will look like in the...
As of 19th may 2024, BTC is trying to break resistance level at 0.618 fib level. Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions...
Price has formed an ascending triangle on the 45 min chart. A breakout attempt was made but turned out to be fake, so price jumped right back into the triangle below the resistances. A breakout above this resistance and a successful retest can take us to 70k-71k. The idea will be invalid if support is broken and price closes below the support line.
btcusd was touched the all time high based on its halving news, but currently the crypto coin is in a state of confusion either should it persume its journey to 100k or should bounce back to 50k area. currently the support and resistance are as follows resistance 67400 and 67800 if broken it will fly to 69000 support 66800 which...
Wave 1,2,3, and 4 are complete. Wave 5 in the making. I believe 161.8% of wave 1 is a legitimate target for this cycle top.
So where to now for BTC? In my previous post I explained that BTC had hit a major Primeval Fib (2207 level fib), which had thrown it sideways for a couple of months. While it is entirely possible that BTC could fall back again (e.g. to US$58k support zone) or even further, I think this is relatively unlikely. The chart is bullish in my opinion and I think the...
One of my big technical analysis passions is time analysis and time cycles, and I tend to follow them closely. Some of these are very helpful when in combination with other TA, to find reversal points at any given time frame, even though I don't do intraday trading, so I focus on big swings, though bigger time frames. Bitcoin's periodicity is remarkable, and we...
Overall bullish, but like to see pullback to GETTEX:64K $63K first to run up in to next Liquidity. ATH are looking good to me, but i would like to see what price action it has left behind. Lets Go!
Okay - I've been wanting to shed some light on BTC price action for a long time so here we go: This is a monthly chart of the last 7 years of BTC and I've started with this chart because it should look interesting to all crypto investors/traders. Very few people talk about these purple Fibs and yet they explain much of BTC's historical price action. They are...
The downward momentum seems to be turning for Bitcoin. BTC momentum has moved above the downward RED trend line. There seems to be a repeat of a early 2024 momentum turning point. Best of luck from AK-at-eToro.
Tweaked the CRYPTOCAP:BTC chart. It really needed updating. Fixed the colors too! #BTC is 2 weeks away from the end of what we called, phase 1. In my opinion, it's going to move SOON. #Bitcoin breakdown: The moving avg crossover, yellow circle, is bullish. Cyan circles show bullish signs; RSI above 50 Money Flow is above 0 ------------------------- Bonus...
Bitcoin could consolidate over the weekend if it fails to takeout the current high, then after it might pump higher to 69000 levels after if it will break above the 66772 high
This is generated by ChatGP 4o. You can take a snapshot of BTC chart and ask it to analyze your chart. ========== Analyzing the chart you provided, which features Bitcoin (BTC/USD) on TradingView, we can observe the following key elements: Head & Shoulders Pattern Left Shoulder: The price reaches a peak, then falls. Head: The price rises to a higher peak than...
A few months ago I was thinking that BTC was going to develop wave 5 towards 180K. But this behavior is not very encouraging. I have this alternative count in mind: A more complex wave 4 where this top is wave B, and we will see a C wave down to have an ABC flat pattern to complete wave 4. We shall see
Bitcoin (BTC) is recognised as the world's first truly digitalised digital currency (also known as a cryptocurrency). The Bitcoin price is prone to volatile swings; making it historically popular for traders to speculate on. Follow the live Bitcoin price using the real-time chart, and read the latest Bitcoin news and forecasts to plan your trades using fundamental...