NFA NOT FINANCIAL ADVICE. This is just my personal point of view. Hello everybody, in this analysis I've chosen to use the basics: Stoch RSI, MACD, RSI... Along with other tools like: Log Fib, Bottom Ind, Etc. First of all, I'd like to explain what kind of info can be retrieved from this chart. This chart notices about one clear as crystal thing: BTC price...
Every time a death cross happened (200/50MA cross) BTC has entered into a bearish cycle. During JULY 2017 bullrun, BTC was close to complete a deathcross, 50 and 200MA were getting closer, but after the "dip" a strong rejection happened and price recovered. That was BTC hope for nowadays price action once we fell from 64k, but then 30k flash crash happened and...
Wyckoff distribution being played candle by candle. It's like sorcery, the price action is following Wyckoff distribution. So BTC may hit a 20-30k as lowest low being 64k a top in the MID term. BTC may do another final top as high as 144k by November 2021; repeating somehow 2013 cycle. On the other hand this cycle may be prolonged to as far as mid 2022 extending...
From here to 3rd Nov First support at low 11k Following support at 10.8k ish If 1d candle closes below 9.9k ish mid term trend switches to bearish. Potential massive and sharp retracement (low fibbonacci) and double bottom on 1w chart macrotrend supported by 1w ema deathcross on multiple frames. 5-8k. From December 2020, macrobullish trend should resume.
RSI is hitting the upper line, which never failed in BTC history to predict imminent crashing event. On the other hand, talking about fundamental analysis, Chinese New Yea r event is going to happen in two weeks. Historically, every January , BTC has had great price rise movements (5-10%) between 3th-7th January and massive DUMPS a few days later as...
Price would need to stay above 8500 for 3 weeks to reverse the current baerish trend. After a high %10 price rise, time to fall.
As you can check it out here: 1. 2015 (14 January) - Dump from 320$ to 150$, which is -50% 2. 2016 (16 January) - Dump from $460$ to $360$, which is -20% 3. 2017 (11 January) - Dump from $1120 to $770, which is -35% 4. 2018 (16 January) - Dump from 17500$ to $9700, which is -45% 5. 2019 (10 January) - Dump from 4000$ to $3500, which is -15% 6. 2020 (?) In 10...
.doji pattern with low peak 2019 volume record bearish longterm trend . 3 days prior to Xmas Day Selloff . Bearish Cross on 3-Day ( only third time in BTC 's history, all previous ones set up a new midterm-6months bearish market with 50% losses...
We pumped from 7.400 to 9.600 (29%) two months ago, but the bear trendline kept his downtrend :downtrend: continued. 24h ago, BTC hit 6.500 following a (15%) pump wave til 7.500 peak. Nice short profits, now back to the main longterm trend. Bulls are enjoying a small flash pump which is necessary in any trend (up or down) in order to short and continue the...
CRASH BTC 7150 TO 6800 right NOW !!!!!!!!!!!!!!!!!!!
As you can see BTC is repeating the same pattern which was played out the previous year, just quicker. if 7.050 is broken, which is most probably scenario, then 6k will be displayed for a few days as the new support . The chart is showing up 200EMA indicator , the only reliable indicator for BTC . This idea displays an unavoidable scenario: bulls are...
As you can see BTC is repeating the same patter n which was played out the previous year, just quicker. if 7.100 is broken, which is most probably scenario, then 6k will be displayed for a few days as the new support . The chart is showing up 200EMA indicator, the only reliable indicator for BTC . This idea displays an unavoidable scenario: bulls are...
if 7.100 is broken , which is most probably scenario, then 6k will be displayed for a few days as the new support . The chart is showing up 200EMA indicator, the only reliable indicator for BTC. This idea displays an unavoidable scenario: bulls are doing their best to stop the price crash without luck. BTC will drop to $5.000 in the following weeks...
TOP: 0,060 CURRENT: 0,013 NEXT BOTTOM: 0,002 Bubbles doing bubbles thing. You know that BTC is listed for the same cycle.
You know where BTC is heading to; longterm AND SHORT-term.