A mist the FTX turmoil the president of El Salvador announced the country was adding to their stash with a daily Bitcoin purchase. Since, Bitcoin, the only decentralized crypto asset, has moved 65% percent up.
I would want to see three things align for a bullish scenario. The first has been fulfilled which is a bullish Ichimoku cross. The second is for Bitcoin to not only tap this liquidity above but to flip this region and form support. Finally in order to support the bullish cross I'd want to see a green cloud forming to confirm a shift in trend to a bullish...
Technically the stongest buy signal , personaly i wil invest 15 per cent of my portofolio
Ratio, ratio, ratios.. Halving of the price action is also a reflection that the momentum is losing speed with the square root. Vice versa it has to overcome those squared areas to 'exponentially' break free from those zones holding it back.
We had a major bullish signal as a hammer on last weeks session... But there is more. This week we have three major additional signals that support a Bitcoin rise to $30,000+ and beyond. Let's look at those. Feel free to 🚀👍 boost/like to get started! Bitcoin this week is already trading above EMA50. This is a most important level and where we had a...
STEADY LADS - Greetings traders, I am excited to share my bullish outlook on the market with you all. As I see it, the correction is behind us and the bull market is back in full swing. In fact, I am more bullish now than I have been in the past seven years. I firmly believe that we will not be dipping below 20K any time soon. We have successfully moved off of...
Bitcoin is forming a head and shoulders pattern on weekly time frame. The larger the time frame, the more positive probability it is. But, this will play out when BTC breaks the heavy resistance on it's current price at ($24.4k - ish). But don't forget to anticipate the consolidation inside the demand and supply zone. Let's just follow and ride the trend....
The weekly session just closed and Bitcoin ended with a very strong bullish candle. This is a hammer with a super long lower wick. Bitcoin Weekly Hammer = Low Set/Support Found Bitcoin moved down on a strong shakeout move but bounced before reaching the 0.618 Fib. retracement level and closed the week above EMA10, sending a very strong bullish signals....
From the low of the 2018-2019 bear market to the peak of April 2021: High: $64,200 Low: $3,120 0.236 retracement level: $13,207 0.382 retracement level: $22,138 0.5 retracement level: $33,660 0.618 retracement level: $45,182 From the low of the 2018-2019 bear market to the July 2021 crash low: High: $64,200 Low: $28,800 0.236 retracement level: $37,332 0.382...
bitcoin stay sideway. nasdaq hit the support I think there is a chance of bitcoin price to go up next week price show rejection now. so entry at 20600 stoploss 19900 take profit at 24500
- In a previous analysis, prices were considered to retest the $19.8K region as well as the long average of the daily chart. A priori, this is exactly what happened! -For the next few days we have the long average served as support for prices, where we can see attempts of rebounds up to the region of $22.1K. If prices fail to stay above this level, it will...
NEOWAVE ANALYSIS on BTC Exp flat correction completed on Dec'22 Reaction is ABC zigzag , tgt 44000, time Jan'24 Action...... Pump
What are your thoughts on this ? up or down ?? I am waiting for this channel to break...
Nice setups for short-mid term trades if this plays out. Especially for a short around the neckline
The BTC Longs got a massive run up when Luna crashed (BTC price at 30k) and again when Celsius crashed (BTC price 25k) and has flat lines ever since This would mean logically that all those millions of dollars worth of longs are STILL under water. The BTC price topped out at their break even point from when they entered at the time of Celsius fall. Is this going...
Bitcoin has just completed a false breakout. One of the most bearish signals in technical analysis. I would expect much more pain in the crypto markets going forward as a result.
well, the price has been throwing us a lot of mixed signals lately, however i believe it was necessary that was test and reject this area, being that we are witnessing the first weekly death cross in bitcoin history. we have already been rejected from these MAs on the market cap chart, so i think it is likely we will print a firm rejection on this weekly candle...
we moved down to the bottom of the wedge as i called at the top, now my question is will we go lower? indicators have barely budged despite the price decrease, time will tell.