Hello fellow traders, As you see, we are only halfway there if we consider past bull markets and their scale. After every halving, BTC price has always touched the top trend curve and then entered a bear market. Right now, we are far from that trend curve and there are no indicators that this bull market is over. In my unproffessional opinion, these are only...
I was expecting this to be later but, it seems like a nice big inverse H&S completed with decent volume. We might go even higher very soon. This is just an idea, definitely not an advice
if 9350 broken and held, next target would be the upper trend channel, which if broken might mean the bears are done.
Hello Dear Traders, We are moving as planned as in my previous chart. I wanted to get a closer look so this is 4h. There are 3 different paths to take. In my opinion, Path 2 is the most likely one. If BTC plans to move to 30k, it will need this congestion first and then another one in order to break the downtrend lines with enough power. With this volume, MACD...
Hello Dear Traders, Tough days has been shared among all. But I see these days as our last chances to get in BTC in these prices. So, let's see whats ahead us. When I look at this chart I see 3 possible ways for BTC to move. Trend line 3 obviously failed. Line 2 still has a chance and for me the most healthy way would be the line 2. We will definitely see a...
This is an idea from an unexperienced trader. So, please don't use it as an advice, but use it as an idea.