Hello everyone for BITCOIN I'm aiming for a bearish continuation
it predicts the price levels at which large-scale liquidation events may occur.
Broke and retested range lows as resistance. Nothing but air until around $52,000 on the chart. My biggest concern I have been discussing for months (in newsletter) is that RSI never made the trip to oversold. Almost there now, all lower time frames oversold. This is still ONLY A 23% correction, very shallow for a bull market and consistent with other...
Btc has done it's accumulation and now it's in distribution stage around 54-58k. Soon after distribution we will see real move towards ATH 🚀💯🔥. Time to buy not sell. Bottom is closer than Top.
UPDATE 29.04.2024 . The price action working as per the previous update, I have no other words since we knew shii was gonna come anyway. But I'll give the key point that might change the game, it's around 59.6K-58K . Other than that, we might just go small bounce like sunday morning, overall we r on correction phase . . . . Stay Safe X.CO . P.S If you want...
This is just an idea I'm testing out with unsignificant amount of money
BTCUSDT in bullish most likely to break the all time high once reaches the Resistance
After seven weeks of bearish sentiment, the Bitcoin market looks significantly different from the bullish euphoria experienced during the climb from $42,000 to $73,800. Now, with less than 48 hours left in the monthly candle, we stand at a critical juncture that could define Bitcoin's trajectory for May. The Moving Average Convergence Divergence (MACD)...
Hello everyone! If you enjoy this content, please consider giving it a like and following for more updates. Welcome to your BTC/USDT Quick Update! The chart on a lower timeframe shows a breakout from the symmetrical triangle, indicating a potential bearish trend. However, strong support sits at the $59,000-$60,000 level. We might see a bounce from there. If we...
Bear markets, characterized by declining asset prices and investor pessimism, are a formidable force in the financial landscape. Understanding the distinct phases of a bear market cycle is essential for investors to navigate turbulent times and identify potential opportunities amidst the chaos. Shot across the Bow: The onset of a bear market sends a...
#Bitcoin : A close below this key Moving Average (MA) level will officially signal the start of a bearish rally. Thus far, the price has shown remarkable resilience, holding its ground admirably. Keep a vigilant watch. #Crypto #BTCUSD
Bitcoin's path to $80,000 The daily candle continued to close above 59,000
Bit coin making the divergence and to e bought here for short term profits, targets and stoploss giving in the chart
When I looked at BTC's price action from the start of the bullrun, I saw a lot of symmetry hidden in plain side. The movement from the bottom till the consolidation at 30k is repeating itself, and this would bring us at the same PA we saw last May. Coincidence? maybe. If this plays out further, I want to see an abrupt movement upwards. I'm gonna keep an eye on this.
BTC has staged an impressive rally, surging by approximately 80% since the validation of the ETF. There have been few notable obstacles along the way. Currently, BTC prices are confronting a significant juncture, encountering monthly resistance. Historically, BTC has been rejected at this level twice before, once in May 2021 and again in November 2021. The...
1.- Divergence 2.- 57k-59k liquilidy taken 3.- Continuation pattern 4.- Positive fundamental 5.- Halving 5 months effect 6.- Trend fail 7.- AMD
Took a scalp here....where do you guys think btc would pull back to.