I'm not too faithful when it comes to BTCSHORTS ratio trendlines but as you can see on the chart the last time that trendline broke down we went from 29k to 69k Looks like we are building something similar even if it's not as extreme as summer lows but worth keeping an eye on. I would expect a massive multimonth uptrend once that trendline breaks
BITCOIN THE MONEY SHOT - thing are looking scary for the crypto world but this should be temporary, looking forward to a bumpy March with 2 opportunities ahead !
This is just my observation do whatever you want..! Bitcoin is nothing but the battlefield of algorithms..! You can see the most important support(green line) and resistance (red line) levels. Best, Moshkelgosha DISCLAIMER I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a...
Fresh Supply for BITCOIN. it is possible for return price under 42000 $
BTC will do retracement before to drop 28k-30k. After that we can buy more BTC . Its my opinion not advise to believe it.
Looking for long-run sentiment to flip on $BTCUSD from here on. Let's see.
On top of the $ 39,500 level, Babbitt faced a strong resistance and the slow process of reforming it might lead to a decline in prices ranging from $ 29,500.
Given that we are in a downward trend and with the steps created, weakness in the buyer is evident and We are waiting for the formation of Kandel, which is starting a downward trend in this region . No method is as simple and tangible as Price Action . Long live Price Action
Bitcoin is above both Monthly EMA20 & MA20 which is a bullish sign, but monthly candle will close Monday night , looking forward to it
With the current momentum, it is highly likely BTC will retest the 30K zone in less than 3 weeks! Keep in mind this is a 3 weeks forecast and there will be some positive days in between that could be used for day traders! There is a slight chance BTC retest the 45-46K level in the next 7 days and then slips away! However, the probability of having more red days is...
First we pump to damn near previous ATH. Retail who is currently panic selling and shitting their pants are in disbelief, they FOMO in and provide us with exit liquidity. We proceed to print a nasty head and shoulders on the weekly and then its goblin town. The past, the present and the future occur simultaneously. Everything that is always has been and...
Should find out soon but providing the bulls are still here, they would want to use the impulse from this wedge break to also take out the recent wave high. I have cloned the height of the wedge for a target area. Not a lot of time for this to happen other wise I would call it a false break out.
destek ve dirençler takip edilebilir,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,
BTC.Longs broke the resistance and has been steadily increasing since. Good for btc and market
I do not know why I can not stop thinking about this scenario I feel that we have finished wave 5 of the big wave (A) and now we are in the big wave (B) and the goal is the blue range. I hope this analysis is wrong
since the bitcoin hit the high level in 2021 and after fall back it is great opportunity for strong buy for the target of 60000- 85000 - and above
I continue to see an up trend until the price falls below 28808.The description is on the chart.
after that the btc cann't break the 68K and made B wave in elliotte