I see pattern cup and handle
Also we can interpret this as an inverted head and shoulders and we are in the right shoulder now.
We reached demand zone
There are many factors for continued growth,
I talked about falling and that I will catch falling knivesI bought a few coins on this fall with discount.
But at the same time, I understand that if...
Good morning everyone. Welcome to the red parade. But seriously who angered the bears? We took an even bigger tumble while I was tucked in my slumber and I awoke to find we had tested the .5 fib in my sleep. Well at least the small gap around 8550 was filled but where do we go from here?
This dip has caught a lot of people off guard and my inbox is full of...
After sold everything from 10500$. We are holding 100% in USDT and now we are waiting to buy back!
BTC is in panic and very dangerous to buy in at current price. But in next hours, we will have a big chance to buy it back
Here is our plan :
- Buy at 2 points : 8400$ and 8300$ (50% at each point)
- Expected target is about 9500$
- Stoploss : Under 8200$
BTCUSDT- Quick update!
As you can see, BTC is still moving inside the daily uptrend channel and the price was rejected from the 0.5 fib. level. There is a big support zone formed by 0.5 and 0.618 fib levels. How long those levels are holding up, there is no need to panic that the price will move lower.
Another thing to keep in mind is that the BTC halving is...
Hi Guys, please like me now and follow me on tradingview.com
I'm going to show you my BTC trading plan in USDT . Soon the canal roof has changed.
Guys, if you like the idea please like the button, this will be the best thanks.
If you have any suggestions on how I can improve my video ideas you can write them in the comments!
Thank you for...
After the latest moves, it is evident to me that we will not go above 10.5K in this run.
If anything, there are some concerning indications about BTC strength in this downward trend.
Why, at the macro level, we did not get a higher high, to do so, we have to break the 10.5K.
Hence we have been kept in check with this 3 year top trend line. Before I used...
i think after a 3 bullish wave we had just an anti cycle Elliot wave in btc to make the bullish channel bigger and start a new 5 bullish wave....
what do you think?
please like my idea if you liked it..... and also i'm waiting for your comments.
BTC_USD BTC_USD Bitcoin
BTC is heading to new low, probably towards 8300. Eliott wave count is pretty obvious right now, we should currently be in 5th wave of the 3rd big wave. So it means, the big bounce is near and I think we will bounce from 8300 - I think this bounce will take us to 9100-9300. But this bounce should only be a wave 4 and then we should see final 5th wave, which should...
Here are the basic principles that I found in identifying and confirming this is indeed a reversal:
1. IDEAL HEAD AND SHOULDER PATTERN
- An ideal head and shoulder pattern consists of lower high (LH) and lower low (LL).
2. Support and Resistance
- Many people like me are anticipating the next "BUY ZONE" will be around the psychological support of $9,000....
Hello everyone, consolidation channel is forming in BTCUSD. After a steady price decline, this consolidation channel could mean that continuation of price decline is imminent and it’s possible that once support is broken, the price will continue to slide. So, as soon as support line gets breached and red candle closes...
The Priceline of World's leading cryptocurrency Bitcoin (BTC) has formed bullish Butterfly pattern and entered in potential reversal zone and ready for bullish reversal soon.
Let’s have a look on the Bitcoin priceline's move:
After intitial leg (X to A) the A to B leg has retraced between 0.618 to 0.786 Fibonacci and then B to C leg is projected between 0.382 to...
If you're long term on cryptos this is one of the worst places to sell because it's sitting right on top of the trend line defined by historical miner capitulation.
People waiting for 3k are going to be disappointed. This line also expects the support region to be at the old all time high in April 2021 which means it will probably reach and exceed the old all...