This TA is based on the indicator "Volume Delta". (Basically, the difference in buy and sell volume.) My strategy: I marked some sell and market price divergence lines (selling dominance/time) and between their respective highs and lows. The divergences signal a slowing of the buying/selling pressure up to the point where the market price reverses,...
This is going to be fun one and set the imbalance in markets with people sell with FUD. We shall go test under 58-55k, in worst case even down near 52k only to explode back to near ATH of 73k by late May
#Bitcoin momentum is falling apart on daily chart, now negative and accelerating downwards. Remember, once you realize you are in a correction, you can either: 1) Stick around and hope it resolves upwards 2) Exit and let the dust settle The second option is NEVER wrong.
I don't post much here, but made this for some kid who is trying to learn. Mostly Wyckoff (why isn't that an option?), Fibonacci Levels informing an Ellliot wave that makes it look like BTC will go a bit lower, or that this is a larger scale ABC correction. I don't know, do what you want but I'm waiting to buy (some) around 35k (in light of new information)...
I should preface and say that these 3 different predictions are based off a similar price action that occurred between June and July 2017, where the sentiment for BTC was very similar to the current sentiment we face here in April and May 2024. I believe that a lot of the run up of this bull market for the next year or so will be similar to 2017 where positive...
I see it coming to test the bearish orderblock that conf;uences with the 0.618 fib then, it will move agressively downwards I am still looking for wave 4 This assset is still very bearish bulls don't like this... They only like it going up and up and up and up... As trader, we have to understand that even charts breatheeeeeeeeeeeeeeeee!!!
This is a fresh chart update of BTC's cheat sheet idea and tracking TA, following 2013 to 2017 Bars pattern along with key macro trendlines. April fools edition!
Hello my friends! I am back after a long break. Bitcoin has just experienced it's 4th halving event. I took it upon myself to look into past Bitcoin price movement patterns, looking into how Bitcoin's price reacted immediately after Bitcoin experienced a halving event. I'm primarily using a historical time-based analysis approach. Here are my findings: -...
This was a wonderful trade setup on shorting bitcoin, this was the analysis few weeks ago! We might see a slight pull back from here, or we can see another meltdown cause of weakness !! keep an eye on that level! thank you and follow me for more analysis
bitcoin uptrend buy at 54 close at 81 soon seasonal trend is so f*** bullish use sl and risk management
BTC is going to downtown i wonder why Early buyers are busy taking profits ! can't blame them --- we all need some profit It is not realized until it hits the bank --- right!
Looks like BTC broke down from the channel. Looks like head and shoulder bearish pattern. It is goes back up and stays above the line, it has good chances of strong recovery. Looks like confirmation is needed here, may be backup to 57k to 59k and then come back down to 52k. FOMC today will swing stocks very aggresively. Happy trading
Hello traders. I wanted to do a follow up post pertaining to the weekly outlook. So we did break and close below the 60,300 area, and we see more downside. Now the question is how far will we go down? First, let me say that we have several more weeks and up to the next 4 months of this sideways movement. The longer and deeper the retrace, the better the long...
Confluence of Support: Flag pole downside target around $52k. Bottom of parallel channel we should bounce as we have done recently at the bottom of the channel 200 Day moving average around $50k so near the 52K That said we still have strong bearish momentum. Price is expected to down to $52k. At that price target we might flip bullish. Are you bullish or...
Currently sitting at last bullruns key weekly candles which found support/resistance @56500. Alt dominance will bounce @ 53.8% off the rising wedge all the way up to 57% after which it will dump, starting an alt season.
Above horizontal supports = Bullish Below horizontal supports = Bearish It's that simple
Rising Wedge's are one of my favorite setups. I think with the recent volatility, halving news, there might be a good short play on CRYPTOCAP:BTC / related stocks... Sell the news?...
I'm quite surprised that nobody is mentioning that BTC is actually forming a triangle. Everyone is calling this a flag, while remaining quite bullish short term. Now, im not calling this as a trade, im already short since the previous high, but this has the potential to go down hard. Look at 2017 triangle, 2019 triangle. Both tops grinded around an...