#Bitcoin is off to the races. Some time ago we called the bottom & #BTC bear done. However, we noticed that the RSI was weak.
We were wrong and right. Right in the sense that there were MANY signs that it was over but wrong as RSI was not there. PREMATURE call that ended up being right. :)
Yesterday we mentioned that we need volume & a confirm today, WE GOT...
BTC /USDT
CME Gaps will be fill soon.
A CME gap is created when the price of Bitcoin opens above or below the previous day's close on the CME exchange.
As I Told You That BTC Must Need To Touch Around Reversal Zones To Move Back To Track which eventually happen in daily time frame, No big rocket science in been applied hear.
Now If BTC Touch The TP1 or TP2 I am seeing BTC To Move Back to 60k to 75k within this year. & if BTC went back to 15k again than you might expect BTC into 13k to 7k Zone.
Now, In short...
$BTC had a MONSTER rally today.
Was expecting some sort of bounce, why we bought Friday, but not a move like we got today. This was AMAZING & to top it off it was accompanies by VOLUME.
Today wasn't the heaviest of days but VERY GOOD & more than good enough. If it is going to BREAK the bear it must do it SOON, fast.
Like how #BTC is holding atm.
RSI broke...
$BTC volume we're seeing here is IMPORTANT. Yes, Monday adds more volume because Futures begin trading Sunday night.
Nevertheless, these are mostly BUYS and the volume is GOOD.
Last week, Thursday I believe, we spoke on beginning to nibble with cash and Friday we ended up using it all on dips we saw.
We also spoke on many #altcoins @ support levels and showing...
new gap attention
again you can see CME Gap
btc 3 day before fix last gap and again new gap
again CME sht Gap
remember have chans eback bottom again for fix that and this is big gap
this not idea for target only i have tell you attetion again 1 CME gap on chart and this is big
GL
CME gap now has been closed , next area im looking at would be 18k , that breaks things going to get crazy.
Most likely we will be a boring market rest of month , dont expect any major crashes till end of june 2023
Bitcoin in retesting the 0.50 - 0.618 Fibonacci Golden Ratio near the previous gap.
A possible reversal candlestick pattern will be an indicator of the start of a BTC uptrend, in the event of celebrating Halving Moment
#fibomic
#Bitcoin
#BTCtothemoon
BTC looks good again for best buy with small stoploss and bigger target for this year.
This is just for my own education purpose.
Not a buy or sell recommendation.
dear trader btc was too low last month and he start this month with losing more pips
i see a bove 20355 you could take a but target will be at 20990 until 21825
and if he break below 19530.00 you should take a sell short until 18790.00
best of luck trade safe
BTC/USDT BTC1!
BTC WITH ELLIOT WAVE
NOW BTC IN CORRECTION WAVE
You can guys can choose
Long : we can entry in fibonacci cluster 19.210
Short : We wait BTC finish the wave B correction
BTC still drop again, because CORRECTION WAVE NOT FINISH
This my idea, hope can help you guys
Thanks before!
The bull case is not done for #Bitcoin but it has been hit hard this last week.
Long ago we mentioned that #btc could pull back a significant amount and still form a bottoming process. The 18,500 area could serve as a right shoulder for an Inverse Head & Shoulder pattern. If it can form this and break the neckline with good volume that was signify at the end of...
Imagine this bounces Industry is under a lot of heat
innocent players getting the brunt of it 4hr is bearish
Imagine this bounces at some point
Just gotta stay alive
its not okay to not try ideas
lessons learned
cut losses early and often
but this gap is filled let the structure and flow play out
