The monthly close, April, and the confirmation of daily downtrend which remains active since 16th of April, let's us to see strong downtrend. The big move toward the targets will come once DXY complete its current down movement.
BTC ~ 1W #BTC Very simple. we found this History for 1W MACD. When the MACD crosses, the price tends to be Down. we found this at least twice in history. will it happen again this time? if yes. $55,000 - $52,000 is the closest target currently possible to achieve.
Hi Traders, Yes its boring compared to previous volatility. and the weekly 20 EMA did its job. I believe this is a corrective wave rather than a distribution structure as it did not drop significantly after the neckline was taken out. Hence a liquidity grab at the 20 weekly ema (fake out). We have the main moving averages to use to gauge the reversal and we...
BITCOIN: Bearish – Head and Shoulders + Ascending Wedge Two classic Chartist figures were detected by the Wolf of Zurich: 1- An “ascending wedge” which would bring the price down towards $62,632. 2- A “Head and Shoulders” which would subsequently bring the price down to around $52,080. The EMA.50 and 200 also remain potential targets caution.
#BTC another day hugging the line COINBASE:BTCUSD
The price is near to strong support, risk/reward ratio is very good. This is just short term trading via technical analysis.
Price previously made a false breakout of the key level zone which was a sweep for liquidity to push price back above the zone. Price is now pulling back again towards the key level zone for one last retest, where buyers may be preparing to push price back to the upside again. A falling wedge bullish reversal pattern may also be presenting itself aligning at the...
Bitcoin is the world’s most traded cryptocurrency, and represents the largest piece of the crypto market pie. It was the first digital coin and as such, remains the most famous and widely-adopted cryptocurrency in the world. The value of 1 BTC now is at 61,904.90USD
I am putting all of my energy in to coding support mechanisms for when I am doing real life activities If I were a single guy in his 20s I'd be able to chain a keyboard to my forearm and be present at every market move, but I am a family man who's out doing life therefore need virtual support to do the things I can't when I am not at my computer We live in a n...
Man has provided a meaningful and detailed description of the analysis and prediction. Jesus has walked us through the process. Put yourself in the shoes of Jesus and see if you would understand the context based on the facts.
Hello It's a Bitcoinguide. If you have a "follower" You can receive comment notifications on real-time travel routes and major sections. If my analysis is helpful, Please would like one booster button at the bottom. Bitcoin 30-minute chart. There is no Nasdaq indicator announcement today. A section where everyone can be scared due to last week’s decline. I...
U.S. CPI data for April will be released this week, and the market expects that CPI will fall. After weak employment data was released earlier this month, assets rose, and BTC also rebounded sharply at the time of the release. Therefore, if CPI data can further confirm the role of current monetary policy, then the market correction may end. On the other hand, the...
Look at the 2 months chart, only 2 records showed top when stoch rsi touch the 100 value and marked as top. Current stoch RSI approaches the 100 zone, the orange line has yet to touch. At this point, I will not bet for BTC to go higher price. I expect sideway or fake out. If you want to mess with a higher timeframe and think BTC will hit 100k and if it really...
I am looking for a rally back to PDH with a sweep of highs & a return back to PWL ( Previous Week Low ) where the market fuels up for a classic super cycle. DYOR!!!
Something funny going on massive spike down twice Cleared out Stops though Wick should be Filled and continue heading lower Wait for close below Buffer Zone
This chart is only for educational purpose and it is not a recommendation for trading. This study is only based on past chart patterns which have been studied by various technical analyst.
Bitcoin is in a downtrend channel on the 4H timeframe. Next target is into the next major support demand zone at area 50k-52k.
Bears will dominate still, but not too far. The analysis is from a system called D waves. This is not financial advice.