From the Lowest Low meaningful BITCOIN PRICE ACTION Journey start from $2 to the Highest Highest high of $ 69,000 created in Year - 2021 as on Wednesday 10November21 - All the important Mid points and the reversal level's wrt Price Action of CORONA year 2020 and subsequent years henceforth with the Higher Tail - HT and Lower Tail-LT level's marked on the charts...
Only 3 times BTC gone 8 straight weeks positive (since the price was >$100), we are in the 3rd cycle. The first 2 times BTC went 8 straight weeks positive, the price action never returned to the previous low of the cycle. EVER! 1st time Monday 14 Sep 2015 120% in 8 weeks -40% pull back in 1 week The price never ever returned here. 2nd time Monday 17 Apr...
I wouldn't short considering the current market condition, the bullish trend is super strong. Simple fib structure retrace back to 61. 8 area, and it was tasted twice, seems to be a good point to enter long. entry: now, or better position sl: 43500 tp: 44700
The prevailing analysis indicates that the asset remains within an upward trajectory, albeit currently undergoing its customary corrective phase. In accordance with prevailing market wisdom, informed institutional investors, often referred to as "smart money," tend to initiate positions during periods of depressed prices rather than during elevated valuation...
ANALYSIS bullish rally btc bullish rally started at 20 november 2020 and finished on 21 november 2021 bearish rally btc bullish rally started from 15 november 2022 and finished on january 2023 14 months bearish rally and from that prospective of seasonal cycles it was meant to happen and again 2023 low was defined at the start of year now we...
Could there be a possible SELL for BTC? Based on what price action is showing, the market is currently at a daily key zone, it seems to be forming a reversal chart pattern on the Daily TF. Let's see what will happen. Remember trading is all about probability
Risk warning, disclaimer: the above is a personal market judgment based on published information and historical chart data on Tradingview, all analysis is only subjective. Hope investors consider, that I am not responsible for your investment decision. Thank you. Good luck
Bitcoin is now in the precise zone we anticipated. We've canceled the last limit order, expecting a pullback from Wave 3 to Wave 4. While a sharp drop is not my primary expectation, even if it occurs, I anticipate it shouldn't fall below the 50% Fibonacci level, roughly at $35,000 maximum, with our entry at around $37,460. Once this correction completes, we might...
bitcoin /btcusd strong supports of the week dec btcusd selling on 43243 dropping moments on this zone as i perovide chart for understanding you should learn it also for understanding as i perovide levels of btcusd on 43303 add entry on this zone and profit zone is 41375/41000 and second profit zone is 40123 if market hit on these both zone then market auto...
Its time to make more money shorting this .... In weekly chart we are at top limit , lets try to cache the bottom limit.
For the last few months, many have been debating if BTC is still in a bear or bull market, with most calling for new lows in the near future. As we look at the BTC weekly chart we see several clear levels of support and resistance that price has been respecting for some time now. I will be the first to admit, the price action has been slow and not very clear in...
#BTC correction ongoing it seems... Be patient, it'll likely bottom out during Q1, average correction fits with quarterly support @ 35980 (22-27% median-average correction after bull cycle signal) Best of luck! Cheers, Ivan Labrie.
only few use this designed and coded by LuxAlgo Group it somehow takes into account the previous cycles highs lows and FLAT markets flat markets at the top is PUBLiC coming in flat markets at the bottom is turnover of supply to next HANDLER finding tops bottoms is key to wealth generation the turns are tricky as it could be a fake one as markets are...
As we move outside the third standard deviation we're now watching for the price to move back inside the second standard deviation and complete a 123 formation on a small time frame I'll look for confirming signals on the 5-minute RSI while I'm watching for the 1 2 3 formation. this can often give us a very good risk-to-reward ratio with a very small starting...
Every time BTC reaches 0.5 on fibonacci during the early stage of the bull run, it gets a healthy correction. Expected levels 36k in the best case scenario, 27k in the worst case. Then continuation to the upside.
Here is a short term opportunity that I am seeing on Bitcoin. Really not in the mood to explain myself. If you have questions please message me. Not financial advice.
After #BTC breaks the local trendline, the decline will accelerate, extending to the global trendline. Subsequently, a rebound will occur, returning to the trendline, followed by a downward breakthrough with an acceleration in the fall. The overall target is $25,000 - $20,000. Let's call this a 'shakeout'.
you win some you loose some small losses decent wins applies across asset classes oil stocks etc trick is to understand the mind of the handler for that particular Period the story and correlation to other issues ex. BTC oil gold moved in tandem recently gold took the lead BTC Oil Followed driven by Israel Hamas FED and SEC Blackrock ETF requirement:...