23% correction lasted around 50 days. After a reset, Bitcoin is ready for another ride to the upside!
There is strong evidence to suggest the bull market will continue. I have not been feeling well lately so I will do my best to explain. 1. Price has bounced off the bottom moving average of the CT Pi Cycle top indicator. 2. Price has also bounced off the top MA trend line. This trend line is based on the top MA of the CT Pi Cycle Top indicator. This is quite...
if we lose everything going into this week we could be looking at 39k. if so hopefully it will happen just in time for a nice mid week reversal after some longs get liquidated.
1- FIRST : For BTC İf we regard September-October2023 and From 28500 Dolar beginning To March 2024 Peak 73500 Dolar Level, we increased 45000 Dolar. normally %50 fibonacci retracement level works and its normal to decline 22500 Dolar from 73500 peak, that is 51000 Dolar. But in an uptrend usually Fibo 0.382 I mean % 38.2 retracement rule works. On the...
Updated- Extrapolation Will Post Daily Forecasts. and make sure I don't extrapolate the Heiken by mistake.. EHEMM
if we break out from the fib. retracement lvls and into the golden pocket of the fib extension, rejection is a great time to short but if it holds then we should all hold on with it. sunday still worries me with this week coming up so lots of volatility but short term quick plays in and outs should be the plan for the rest of this weekend. Happy Trading <3
some heavy vol. flow might bring us a nice weekend pump. 71K next resistance target.
Bitcoin is exhibiting a divergence between the RSI and its price and it means another fall. From my point of view, it appears likely that Bitcoin will first target liquidity above the resistance zone before potentially experiencing a decline.
As I said before, I believe we're in an exciting time. We're seeing our first sign of early growth following post halving. BTC has broken the 1HR Trend Resistance and it may soon retest it as support. If it does test and hold we can be poised for a continued run to the upside. It's already broken a Key Weekly Level on Friday and it's possible that it could surpass...
It's a false breakout ⚠️ Do not get fooled #BTC will indeed find a buttom in May at around 50-52k, a little bit more patience is needed here.
hello freinds this chart we shows that this market will know an up trend on next hous if you want more informations please show the chart
Trading Plan: Long Position Entry..! 1. Market Situation: - Currently heading towards the 1w +fvg (insert specific market or asset). - Anticipating a price action to reach the 4h fvg (four-hour Fibonacci retracement level). 2. Expected Scenario: - Anticipating a potential rejection at the 4h fvg level. 3. Response Strategy: - If the expected rejection occurs,...
BITSTAMP:BTCUSD Bearish Parallel Down Trend, We are Bullish in bitcoin sector, waiting for a buy alert before going long. I personally do not short bitcoin, but for those who are in the business of shorting, a large green dot will be a buy alert.
There being support zone and there being completed Elliott wave 5 on some time frame, a bounce is expected on btcusd in 59-58k zone. The analysis is from a special system called D waves. This is not a financial advice. A system test only.
Look at this beauty! Its the F SAME PATTERN as in 2017. Even the previous correction has followed the EXACT fib levels. Given that: Whats gonna be next? --- If you like my content, if it helps you gain profit, give it a like! Thanks! --- Hold my beer pls ---- No financial advice, do your own research, don't be stupid
the setup is there, and looks great. goodluck yall, be careful at that range!
BTC broke out of downtrend! We're looking to trader higher from here.