my orange box looks good for long , below orange box 1h candle close stop.
Local levels have been tried and reacted strongly. Is it a giant fake out and dead cat bounce? Or was that just a correction?
If the ttm squeeze momentum is anything to go by, we might have seen one of the last lows for a while. Of course, there's more at play here than simple momentum.
BTC might look scary on lower time frames but dear hodlers please look at this long term idea :)
A possible evening candle is visible in BTC's monthly chart which is now followed by a very strong bearish candle. 📌 We still have 4 days to close the monthly candle. 📌 My predication is BTC's rise to 46-47k level, then we may again retest the 30-32k resistance levels. ⚠️ THIS IS NOT A FINANCIAL ADVICE !
Looking at the weekly chart of the bitcoin shows whenever we have a bearish Outside bar in the weekly chart, there will be a 12- 25% decline in the following week! If you look at the mid-July weekly candle, you see after a bullish reversal out bar crypto market went up 49%. Take weekly outside bars seriously..! What Is an Outside Reversal? An outside reversal...
Is this the local bottom? Will we see scam wicks from here either way?
When the parabolas break in BTC, they break. Declines over next 200-300 days likely. Good news is that BTC may have a fire sale in December.
In the past 24 hours, all crypto enthusiasts talk about " Cathie Wood predicted Bitcoin will be 500 k in 5 years". But she mentioned two Ifs: 1- Her price prediction depends on whether companies continue to diversify their balance sheets into bitcoin, the biggest cryptocurrency by market value, and whether institutional investors begin to allocate 5% of their...
Experimenting Gann fann along with fibs + fibs circles on a daily time frame
For a bullish scenario, we need to break up the upper line of the channel with strong volume and retest it (with a candlestick close above the $46500).
I think after making 5 wave we have a wave a down and price will range around 45000 than making c wave down
As you see in the charts after the flash crash bitcoin has entered a sideways price pattern. closing below the lower half in the past five days shows a lack of steam to move higher. At this point, trading bitcoin is not recommended! waiting for a trend to form is the best approach in my view. The same story is true for ETH DISCLAIMER I’m not a certified...
People were wondering how I knew to open short at $52,900. Some of my previous charts highlighted that as the top profit-taking target during the last leg upward, for instance it was confluent with the .618 extension zone from the Sep 3rd swing low to high. I also look at things like bearish volume divergence, which was prominent even on the high time...
What Are Inside Days? Inside days refer to a candlestick pattern that forms after security has experienced daily price ranges within the previous day's high-low range. That is, the price of the security has traded "inside" the upper and lower bounds of the previous trading session. It may also be known as "inside bars." Inside days may indicate consolidation or...
Hello guys can't wait to join you on chat to share experience, learn every day and especially tell a lot of bullsh....t are bulls people saying bullsh...t? Please 2 seconds for a thumbs up. thank you
In this 5 minute chart, you can see CRYPTOCAP:TOTAL BITMEX:XBT CURRENCYCOM:ETHUSD FTX:SOLUSD KRAKEN:ADAUSD . This level of coordination couldn't be Liquidity Cascade or Whale Effect. What is it? I could not find an evidence base reason for it but this phenomenon is so big and fast that could not be Algorithmic trading of institutions or retail traders or...
A flash crash is a very rapid, deep, and volatile fall in prices occurring within a very short time period. What are the Red Flags in Bitcoin Chart? 1- Bitcoin lost more than 15% of its value in 2 hours..! 2- 30 days gain washed out in a couple of hours..! 3- January 2021, Bitcoin was 30-33 K, and 72% of the total cryptocurrency market cap belong to...