Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks. This analysis is provided as general market commentary and does not constitute investment advice.
Markets that run up crash down. We are at a pivot point and approaching a decision that will be made by the market. Not by the whales, not by the noobs, not by the hodlrs but by the market. If bitcoin falls below these levels this will send us to certainly break down and we will fail the retest of the previous bottoms of $6000 and $6,500.
If we are unable to...
My goodness, fomo is real. But there is still no clear indication that the downtrend has been complete. The market can either break up or down at this point. The chances of bitcoin going to $3,000 are almost the same as bitcoin going to $30,000.
According to my charts I still believe we are in a down trend, we have strong bullish signals the way the market is...
All news, fud, fomo, aside here is my outlook on the way the price will reveal itself to us over the next couple of weeks / months.
in my previous chart I pointed out the descending wedge formation that leaded to a break out, I did not expect the break out to be this soon without us finally capitulating and coming to a point of reversal. We were...
This video is for educational purposes not too many people have been using the TD Numerical Indicator to help identify a trend. This is a indicator that usually signals either a continuation or a reversal that can help you make your trading decisions. The TD Numerical indicator gives us a 1-9 count to the up side then it signals a trend reversal by...
Here is a video explanation of what bitcoin is doing. If there is loss of quality just pull up my chart. Its more important that you listen to what I have to say than to look into the chart. Relax, Enjoy your weekend. Bitcoin still has a few more weeks of down side before we go back up.
Not Trading Advice
Friendly Charting Done...
This should be the biggest indicator to any trader in any asset. When lots of people open lots of shorts they are anticipating a large price decline. I would not be surprised to see bitcoin back down to the $4000 area. Will see you down there.
This is a friendly reminder from TheCryptALPHA to trade safe and smart.
If you like my channel please subscribe and share!
We have a clear picture being painted, down before we can go up. We need a capitulation in order to get back up. So just sit tight and wait for the right entry. Market is very depressed due to price action, buyers that are entering are quickly exiting positions causing the market price to decline. We will be breaking down the final support that we have and then...
27 More Days Of Downside, Short Away
Good luck, Like Share and subscribe to my channel. Also check out my other charts~!
Bear trend confirmed, chances of breaking above death cross failed, We are going to experience more long term bear trend to levels that will find new buyers. I'm estimating somewhere around $5,000 level. If we are unable to break above then...
Decision Decisions, Bitcoin has an identity crisis.
Price discovery takes time. Between this process we must be prepared. Our job as a trader is to protect our capital and identify when things will happen.
Hyper growth results in hyper drops back to where the growth starts. The question we all have is when is bitcoin moon?
Until we finish our correction...
BTC should find support @ the 8k level, we may see under 8k for a short period of time then back to the upside. Dont forget to buy only when it is done with the correction.
Thank you and trade safe!
This is not financial advice.
Just to name a few, have fundamental valuation, They own assets, have business plan projections and small percentage 2-3% volatility can cause a bad day on the stock market while 60% drops in crypto is a normal occurrence, Which can lead to account destruction. I've read lots of fundamental and technical analysis on this website......
THanks for watching my channel video, If you enjoyed this be sure to hit the like button and share this in the community chat so we can get the word out. Thank you!
THis is not financial advice, all trading advice is used for educational purposes
Hello Bitcoin traders & enthusiasts a like. At this time of FUD, FOMO & FATALITIES please take a moment to look over this chart, The simple chart. The simplest chart on the web, the cleanest TA brought directly to you, I present to you the 'Patient Technical Analysis' By TheCryptAlpha. Please visit my trading channel on youtube.com or just search...