This is how i see btc moving towards the halving (19th April). A fakeout towards 75-76k then a fast dump to 58k. Good luck
everything is like previous bullrun just here we are more smooth going to up side not finanial advice ! it was very interesting for me
From Uncertainty to Risk, from the Casino to Strategy In our previous post, we explored the distinction between uncertainty and risk, underscoring how the ability to measure risk serves as the bedrock of a successful trading system. Now, let's delve deeper into this foundational concept. Understanding the difference between risk and uncertainty is paramount. It...
Currently, there are few indicators that can provide a quick view of support and resistance levels, momentum, and trend in a single calculation while displaying data correlated with each other. The Ichimoku Cloud serves as a comprehensive chart evaluation tool because all lines and data displayed are interrelated. The Ichimoku Cloud allows you to formulate...
ADX, like Stochastic or RSI, is another oscillating indicator. It fluctuates between 0 and 100, with readings below 20 indicating a weak trend and readings above 50 signaling a strong trend. ADX doesn't determine whether the current trend is bullish or bearish. It merely measures the strength of that trend. Therefore, ADX is often used to identify ranging markets...
On the daily chart (D), the price closed with a bullish candlestick and retraced to the 0.618 Fibonacci level, indicating strong support. The bullish view remains intact, with potential for further upward movement if the $68-69k support area holds. On the hourly chart (H1), there is a reversal pattern forming, suggesting a potential uptrend. Traders may wait for...
A correction is possible if the bottom of the triangle is breached. If there's a breakout to the upside, well, we continue buying. This analysis reflects only my personal perspective and is not financial advice. The BTC is showing strength as it continues its ascent towards higher levels. However, there's a possibility of a correction if the bottom of the...
Morning everybody, So, our H&S pattern starts perfect. The only thing that we've missed is the neckline top - we thought it should be around 71K but it has been formed around 73K, which is even better in perspective. So, 2nd stage of the plan is done as well - right arm stands in place. We also have bullish grabbers on daily chart. All this stuff, based on...
When this MA crosses that MA, it could be a signal indicating a potential change in trend, thereby providing you with a good entry opportunity. The price quickly moves upwards after breaking above the upper edge of the rectangle. If we have a buy order placed at the upper edge of the rectangle, we have made a profit. Just as the rectangle declines, here, once the...
In the chart above, both buyers and sellers seem unable to steer the price in their desired direction. This is evident in the formation of lower highs and higher lows. When the top and bottom lines converge, a breakout is imminent. Although the direction of the price movement is uncertain, it is clear that the market is preparing for a significant change. To trade...
The Bullish Pennant Signals Continuation of Uptrend - indicating that the upward trend may resume. This means that the upward momentum will soon return after a consolidation phase, where the buyers have accumulated enough energy to push prices higher. I believe the price will continue to rise.
I have shared some valuable insight on today's daily video update Please watch it to get full context on how to navigate market conditions like these
If bitcoin breaks $72.100 again, it will head towards $82.400 easily. Breakout : $72.100 Retest : $68.000-$71.500 Support : $62.100-$64.500
today's lesson & update will work best with yesterday's video on market structure. It also highlights the importance of solid rules to trade with, in this instance it is: trade with trend wait for price action to exit killzone use demo accounts to learn a new skill, not real money (until your results prove that you are ready)
We have little consolidation here with support zone around 70k. After that we can see new all time high very soon.
BITCOIN RISE journey is about to start. It is important to note that predicting the future movements of cryptocurrency prices is a highly speculative and uncertain endeavor. There are many factors that can influence the price of Bitcoin and other cryptocurrencies, and it is impossible to accurately predict how these factors will play out in the future. Having...