2/2
As you can see by CURRENT TREND the moves are getting LARGER
Intraday $BTC has that bear flag formation BUT daily #BTC trades along that current trend
IMO daily > Intraday
#bitcoin going through consolidation phase
Will know direction soon, likely higher
#crypto
MANY #altcoins look like they want to BOUNCE
Previous post was for #altcoin that are LEADING & likely going higher once $BTC changes direction, if/when
Taking quick look #BTC BEARISH FLAG
30 Min & 1Hr confirm
INTRADAY = Not huge moves, usually
Hello everyone,
I am excited to share my first post and my analysis of Bitcoin futures on a daily chart frame. Based on my analysis, I believe that Bitcoin may be on track to fill the gap at 28,740$, however, there are some important factors to consider.
One of the key indicators that supports my analysis is the Relative Strength Index (RSI), which is showing a...
The previous discussion on the trend of Bitcoin has been largely validated, and it is currently oscillating within the second interval. At this point, it is important to exercise patience as there is limited downside space at the bottom. However, even with a good grasp of the trend, profitability is not guaranteed without sufficient patience and good operations....
According to news from Russia, the unified digital currency between Russia and Iran may be implemented before the end of the year, which means that the bilateral local currency settlement between Russia and Iran has taken a big step forward and has reached the threshold of a unified digital currency. Not long ago, the Central Bank of Russia announced that it...
A morning is a legend, and every morning is indispensable in the chain of life legends. Today's morning breeze, today's morning glow and sunrise, is the only one in your life, if you miss it, you will miss it forever. I don't know tens of thousands of thousands of years of practice, we are lucky to have this accident of life, and we have this opportunity to...
$BTC shorts dozing
Low range for year
#Bitcoin has been climbing trend since early FEb
#BTC breaking uptrend INTRADAY
HOWEVER
THE CLOSE IS WHAT COUNTS + VOLUME
***FYI It's almost above line atm
#crypto
Bitcoin has reached the lower edge of the pressure area yesterday. If it is under pressure, there will be a wave of retracement in the later period. Today, it still maintains a high-altitude thinking. It is not ruled out that there will be high points in the short term, but it will remain high before the pressure area train of thought. Bitcoin operation...
Bears have had it their way with the Bitcoin for well over a year now, as a result, the most popular crypto was brought down from sky-high prices to nearly under-ground levels in a matter of weeks. And it's probably gonna take months for this thing to completely recover and reach a new all-time high, if ever. But regardless of what happens in the distant future,...
A running flat correction is forming on the bitcoin chart. In addition to the running flat, we cannot rule out the possibility of an extended flat correction, which would take the exchange rate below the A point.
according to this swing level strategy we are coming off an oversold level but arent yet bullishly diverged. this is one way a daily bounce could happen. i drew wave cycles that match up how trend level zones could complete the dynamic rane oscillator. i would be long if we reach an oversold divergence in the support zone or if a reversal happens on a low 15...
