cryptoideas

cryptoideas

After Bitcoin broke it's previous ATH we saw a steep correction. This was due to many factors like the sale of nearly 4k BTC, the S&P 500's downtrend, Evergande's recent default, the new variation of the bug, and recent regulatory/taxing decisions made by the United States government on crypto. Since then we saw a strong recovery from the S&P 500 after bouncing...

cryptoideas

A potential fake out of a symmetrical triangle on the 4 hr. Referring to my previous BTC idea for Nov-Dec, I believe a final shake out to 49,500-51,500 is possible. I am very bullish at this level. BTC has a trend line running up to 50k near end of Nov. supported by the 200 day MA. That region also being massive support. But keep in mind we have a potential W...

cryptoideas

Etherium found support at 4,240 after breaking out of a bearish ascending channel. But is now being rejected. So will we see more down side? Next level to watch out for is 4,004 which is near the 50 day EMA along with support from a previous pattern. Below that we have 3,680 as support as well. I believe after this quick correction we will see a parabolic move to...

cryptoideas

After breaking out of a rising wedge on the daily, BTC found support at my 59,311 level but is being resisted by 61,211. I'm glad I was able to warn some people with my "cation BTC fake out" post. Subscribe so you don't miss out! This price action is resulting in a symmetric triangle which is usually a continuation pattern of the previous trend. We are in an...

cryptoideas

Fake out of a bear flag on the 4 hr inside of a rising wedge (bearish) on the daily time frame. If these patterns break to the down side, expect a quick correction followed by a massive move to the upside. This is due to an abundance of support below us. These patterns can also be traded to the upside. Refer to previous posts for more charts, details, and price targets.

cryptoideas

Bearish rising wedge at ATH. Retracement to 50k at 200 day ema is looking possible before a parabolic move around Thanksgiving. Possible good buy in area. Major support at around 63k and 57,500. Refer to previous posts for more info.

cryptoideas Updated 

Shake out to 49-51k before a parabolic move to 93k after Thanksgiving?

cryptoideas

BTC fighting between break out of head and shoulders at red line and massive support at orange box 57,500-58,100 which could be the bottom and a good buy in level. If price breaks to the down side, 50,435-51,545 would be next major support.

cryptoideas Updated 

may attempt 2.46 and test all time high after some retracement. Clear 1.847 to remain bullish in the short term.