If you are considering a trade, a common strategy would be to wait for a breakout from the consolidation pattern (the symmetrical triangle). A breakout to the upside could be seen as a continuation of the bullish trend, and a trader might enter a long position. Conversely, if the price breaks down below the triangle, it could signal a reversal or a correction, and...
Hello investors and realistic crypto friends. In my chart I have drawn a rising wedge pattern and a bearish Gartley. Red line SL, targets in green. If Etherium takes part in this sell-off, it will fall sharply here. I would like to go into this in more detail on Monday.
BTC need to complete its retracement and might bounce to CME gap after bullish in the past few days. Aside that a harmonic pattern shown, we have bought BULLISH OB in 4hrs and 1 day. We have also a bullish signals from other indicators. Lets see if this chart will play soon.
Your coins can motivate me to post more ideas soon ;-) This is my 1st post again this...
This channel is not providing individualized trading or investment advice, nor is it a banking service, brokerage service, trading service, investment service or money management
service.
It is just an educated guess.
TA looks to be pointing at 92,635 as the next target.
Caution! Keep an eye on 74,365 as we pass through it...the LTF consolidation may not be complete in the 63k - 74k range. There is a chance we may bounce in this range a little more.
If we fail to make / hold 92k-ish, then look for a strong drop imo.
At some point we will probably drop back and retest...
Good Morning!
CRYPTOCAP:BTC made a nice stand at the first level of support. Spot & Futures #BTC are looking good at the moment.
Let's see how RSI moves.
If the RSI breaks the current downtrend, last chart shows what needs to happen, then it is confirmed we're back in #bitcoin bull mode.
#crypto
Trading with algo can be measured by 3 waves, you only see it here on my ideas, But sometimes I dont recommend it if youre a scalper.
The 4th algo would be 96k or above.
This idea base on algorithm. The Bitcoin As of now are following the algo because it is being controlled by biggest institutions like Blackrock and other entities, Algo doesnt look on indicators...
Good morning by KR time to you all.
Following showing for your observation gaps in CME:BTC1! chart, that yet to be filled theoretically.
There are four price where exist gaps:
1. 9730 USDT on price drop;
2. 19970 USDT on price drop;
3. 28770 USDT on price rise;
4. 35230 USDT on price rise.
So, please be careful with long hopes on the rope, bear in mind that there...
Going over our Main BTC chart. looking for clues to what the market is telling us and how we want to position for the next few moves & different scenarios.
I will be reviewing Bitcoin using my "Multiple Timeframes / Mutiple Factors" (MTMF) approach,
covering Fundamental Factors like : CoT, Sentiment, Seasonals and Technicals like Momentum, Volatility, Relative Strength.
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RISK WARNING
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There is a very high degree...
Bitcoin futures managed to fid support above $60k before snapping a 4-day losing streak. Bullish momentum increased from GETTEX:64K , and the move lower since appears to be corrective in nature against the strong rally from $64k.
A bullish outside / engulfing candle formed around the 50% retracement level and above Wednesday's daily TPO VAH time price...
we ascended rather quickly, but not quick enough to invalidate the bear case.
most of the bears have gotten wiped out as of me writing this.
a lot of boomers have entered into the market and have an average cost average of 54k.
exciting times, for the new guys,
but it's the same story for anyone who's been around since the very beginning.
pump,...
BTC h&s 61k target 1 conflunet with .618 of 38k>74k, also .382 retracement of 15k>74k, also Feb 21 lows
-Target 2 confluent with Jan 8 highs
-Target 3 confluent with Jan 22 lows and .618 retracement of 15k>74k
Bitcoin has broken the downward channel, but this is more important. If you want to buy, wait until the channel entry corrects. I was looking for buying now in the selling opportunities from this resistance. Good luck.
The Bitcoin futures market is showing signs of a potential reversal short-term bearish impulse, with institutional traders accumulating positions in a newly identified accumulation zone. This zone, marked on the chart, represents an area where large buyers have been actively buying BTC futures contracts.
The accumulation zone has been formed after a period of...
My analysis for Bitcoin: The support has been broken. Now it has turned into resistance. Wait for the resistance level. Take a sell deal with the issuance of the news. I am positive about the dollar. Bitcoin will witness a decline. Good luck.
