Will the breakthrough succeed this time despite the difficult circumstances? The crypto market has picked up a bit, but that's not enough to confirm the way up.
The bulls are definitely not showing their potential during this period, we could even say that we are on the verge of collapse. This would be the reason for the bearish trend, which no one wants. Still, there are still a few chances to get things back on track. As long as the price is above 30k, I don't worry too much ...
Finally, the long-awaited breakthrough happened. But, is it real? It wouldn’t be a first-time fake-out ... The development of this will definitely be interesting. The price can go up to 43-44k, then almost certainly bounce back down, then confirmation is needed, which can reach the downtrend line ... Bounce would be good...
If I’m not long-winded, I can tell by eye that it looks good (given the bounce). If the Fed doesn’t make the situation even more difficult, the sequel could be like this. Definitely the first goal is to break down the trend line. This will be a big step. Let’s see how it goes on until the end of the week. Good luck all!
Every trader probably knows the rule "Trend is your friend", here we see we have a downtrend for quite some time and a lot of rebounds down .. but every trend ends, this one has already taken advantage of quite a few "jokers" :) This is just a simple trend line analysis. If the price starts to go down it can go down 20-30% without a hitch. Looks like we're on the...
After falling more than 40% from the top and a lot of fear in the market, everyone seems to be afraid of the existence of BTC again; of course, the price may still fall, but who benefits? big investors and token holders would probably prevent this at such a stage, the story is still repeating itself, so I think the opposite. I believe the bigger shift is very...
Simple Musk Indicator :D That is so funny :) Good Luck All
I hope the bulls attack and it will be a happy December. There is not much to explain ..., even the previous posts tell the facts. Good luck all! Previous post:
BITCOIN has experienced a nice drop but nothing unexpected ... Here would be a suitable level for continued growth, nothing has been confirmed yet, but the fact is that the bull trend is not over yet, imo. 8/11 will see something like this:
CME gap will be filled, i don't expect a bigger drop. An excellent indicator is available to you here:
MATIC is in a good position to bounce at 8h TF. As you can see we`ve also got TD4 on this interval, bounce on the flow is possible ..., of course it is necessary to monitor what is happening with the BTC, as it can pull the price behind it despite the good setup. An excellent indicator is available to you...
It has unfolded nicely since the last call, now a small correction can be expected. If we look at EMAflow at 144 TF we can see that TD9 is taking place with a target on the purple line. Previous post: An excellent indicator is available to you...
Now the price has to break 62k and there will be more upward pressure. Before that, low can still be re-tested on lower TF. TD4 on 12h chart projects the price up ... let's see what the weekend will show us. 12h chart - TD4 If you would like to try this indicator, here you have some...
Very interesting price shifts for Bitcoin in the last quarter of the year, but that's certainly not all :) As nice to see in the graph, the price was moving nicely above the flow lines. Minor correction or confirmation on the green flow line is possible. If it holds up, the bulls will go wild again. If anyone wants to read about the flow indicator, here is the...
Bitcoin is still pending a correction and then moving towards a new higher high IMO.
From the Fib. development we could see something like that in the future. We sure did have confirmation on the 4th wave, so, the question is, where does the 5th wave end, and how long it will take to get there. Below you can see the development at key moments. Re-Cyle Reset...
ETH sits on nice support, this is an opportunity for a low risk trade. Let's see how it develops. #SM.DUNZA-ETHUSD-30min-GAMA #BYBIT #ETHUSD Close short position if opened. OPEN NEW/ADD TO LONG POSITION Enter arround: 3927.85 TAKE PROFIT: 3997, 4082, 4241, 4399, 4514, STOPLOSS: 3890, We recommend moving stoploss to break even once first TP is hit Signal...
According to Fib. I think it would be a healthy move and an opportunity to enter at lower prices. Of course, BTC can also turn faster in favor of the bulls ... Let's see how it goes. $50k has failed, so far. If it breaks back up, this idea is invalid.