Couple days back in my updates I mentioned that BTC will most likely head back to 8800 zone. (If you have not seen that here is the link )
I do believe that PA we saw today has initiated those targets (9100-8800 zone).
Not only that we have almost perfect...
Today 5 June 2020,
I saw some cautionary signs for bulls from the CME chart which I want to share here.
Quick Note: I am not bearish on BTC as long as it is holding above the 21EMA Daily.
1) Weekly RSI pattern:
On the weekly CME RSI chart I saw a trend line which has been acting as a support/resistance for almost a year now. At present we see...
Good Morning @everyone;
Today 17 June 2020,
BTC once again continues to be in a sideways trading range from 9500-9260.
There are some interesting chart patterns forming which I would like to highlight here,
1) Low TF Descending triangle:
Here we have BTC 1hr chart and we can clearly make out a descending triangle pattern, this pattern is forming just below...
We have the Gray Energy in the 3-Day about to cross above the 50% level. Aqua Blue Time Lines were placed in other historical places during a bull trend in which the price action rose considerably in most cases once the Gray Energy crossed above the 50% level.
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In the past few weeks, I posted a series of articles, “Analysis of BTCUSD & BTC1! -- Another Approach”, showing my...
The btc futures market is a great indicator, please don't disregard it within the next 5-7 hours. Be aware of what a futures contract is, what the futures market is, and use that to understand the direction of alts+BTC itself!
Live long and profit.
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I go on vacation from July 13-15.
Charts can be posted from the 16th.
Today's gap is 9255~9275.
The volatility period has ended.
I think there is a possibility...
So you think that the BITCOIN move is insane right? "Trip to Moon" ?
Everything goes according to plan. I hope that this tops out finish soon.
Technically speaking, we are not done with the CME GAP yet. This is an important point, just saying! CAUTION!
GAP 1 - $6210
GAP 2 - $7595
GAP 3 - $10225
GAP 4 - $11945
#BTC #BITCOIN #CMEGROUP #HALVING