HAVEcrypto

HAVEcrypto Updated 

After a few days of consolidation with low volume, Bitcoin is ahead of the next big move. Quite scary bearish target of 12000$, but I still think that we must have some shorts liquidated first and the move to 27000$ will give this to us. After that we can decide - reclaim it as support or new lows. Technically we have a potential hidden bearish divergence on the...

HAVEcrypto

Yes, sell the news event in my opinion. Here is why? - no, it's not like the Bitcoin halving. Actually, nobody knows what kind of event the merge will be, but this is why I prefer to be on the sell side - macro economic situation - "winter is coming" around the globe (especially in Europe) and this will bring for sure on of the biggest crisis of our time. Risk...

HAVEcrypto

Hello traders, In today’s idea I will review a few ways, in which I think Bitcoin could go in the next few months. 1. Bullish scenario (in green) – for this to play out, we should go a bit more to the downside. I think there is a possibility for that, because we still have not seen enough buy volume, which means the real bottom is not in. So, we can see the last...

HAVEcrypto

Bitcoin continues the price action with low volume, low retail interest and small movements. The best you can do in this situation to preserve your wealth is to just trade the ranges. There are 3 clearly visible and very strong channels, which you can trade now: 1. LOW RANGE - currently we are sitting in this range. 28000 - 32000$, long the support and short the...

HAVEcrypto

Bitcoin dumped. What to do now? I have mentioned it multiple times – the next bull run will be triggered by a new giant downtrend for DXY. But FED increasing the rates is not in our favor… so let’s see the supports below us: 2022 bottom – everyone screamed for bullish December 2021, but we had a red December followed by a small crash in January 2022, causing...

HAVEcrypto

Hello traders, Here is what I see currently on the charts for Bitcoin: - We are right below another horizontal resistance here, forming a triangle pattern, which most likely will be broken to the upside; - The weekend is also almost here, which always means manipulation and low volumes - this could lead us to a retest of the lower band of the triangle at around...

HAVEcrypto Updated 

Hello traders! Long time no see from me, but let’s catch up the market situation now. Before starting with the technical analysis I would like to summarize the overall market situation: - War in Ukraine – two scenarios remaining. A decision and end in the next few days or a multi-month war like this in Syria, Iraq and Afghanistan. For me the first scenario is...

HAVEcrypto

Hello crypto family! Many of your may know the famous Wall street cheat sheet - letemspin.com Here is my interpretation of the current Bitcoin cycle from autumn 2021 until today. Yes, one bull cycle can have many "cheat sheet" patterns forming. You can see the same structure from the March 2020 Covid crash to the local top in April 2021, when everyone with...

HAVEcrypto

Hello crypto! Despite the weak price action during last couple of days I can see a clear cup & handle possibly forming on the daily chart for Bitcoin. As you can see we have to defend the support box between 40-42000$ and break the downtrend channel to the upside. I can see this happening next week, before facing the real resistance at 53000$ - will be hard to go...

HAVEcrypto

Hello traders! Long time no news from me here, but I found an interesting trading pattern that can help you. It's a classical diamond pattern forming on the BTC/USD daily chart and I think that we will break it to the upside, because of the following factors: - we are entering the pattern as a continuation of a bull trend (up trend) and you know that "the trend is...

HAVEcrypto

Hello traders. I have just noticed an interesting pattern forming on the daily chart of ETH/BTC – a bull flag with potential target around 0.10. We can clearly see support zone at 0.55 and a resistance at 0.70. My personal projection for BTC and ETH is for a big upside movement (40 000$+ and 2500$+), which perfectly alines with the current ETH/BTC price action. I...

HAVEcrypto Updated 

Hello and welcome to my new weekly analysis for Bitcoin. Now it’s pretty clear that we are forming almost a perfect Wyckoff accumulation pattern and in my opinion we are somewhere around PHASE C. We started the pattern on 21.May 2021 with resistance lines between 40500$ and 42300$ & support lines between 31200$ and 33500$. We can have one last leg down (not...

HAVEcrypto Updated 

A lot of people asking me if they should sell their crypto, is the bull market over, why I am still bullish etc. In this post you can read my points on why the bull market for me is not over: 1.) Bitcoin ETFs – in the offices of SEC are submitted dozens of Bitcoins ETF proposals – Fidelity, WisdomTree, Wilshire Phoenix, VanEck etc. SEC already postponed its...

HAVEcrypto Updated 

Hello crypto fans, Welcome to our analysis of Bitcoin price. The DAY for Bitcoin's near future is here. After a long horizontal line around 6800$ and unsuccessful attack of 7400$ last week, now the bulls are ready to attack it again. BUT we are still in a very bearish trend and as mentioned on the chart I don't think they will succeed. So we see prices around...

HAVEcrypto

Hello crypto fans, Welcome to our first analysis of Bitcoin price. As mentioned in the chart, we found two really similar patterns in Bitcoin trading price during the years. 1st circle: hard short as seen in March 2020 - very small price variations - jump. That's the typical V-shape. 2nd circle: hard short, because of COVID crisis and big price variations....