Hello traders, I was just comparing the stock to flow with the price history of Bitcoin. Although this indicator has never been exact it has worked as good measure in preparation for huge rallies for BTC. The indicator has underestimated the market top for three of the previous market cycles which leads me to believe that we will have a +$120,000 BTC for this...
Breakout or further fall to support. RSI suggesting a breakdown
After a clean breakthrough on the gann line you can see its hit resistance. Another impulsive move and another possible price target
For bitcoin to continue the bullish momentum and second leg of this market cycle a key re test of the 20WSMA as support is important. I'm expecting a few bearish days if week. However, may provide great entry prices into BTC and even more so for ALTS. Failure to hold 20SWMA as support will lead back into a range type of scenario we witnessed in April and...
With another push by BTC towards 50k, Its very likely TOMO will hit this target. There might be some resistance then another move down towards a retest of support at yellow line.
As ADA forms ATH the rsi shows that the strength of the trend is weakening. Wait for entry on 200 EMA
Simple chart pattern book profits, buy on retest of neckline
Just by looking at this chart, are you bullish or bearish? Well if you are bearish like me then just get ready for the second leg of the bull run
Take profits, expect a bounce off and then re enter
Next level of resistance at the 50 day MA and 35k Resistance
A breeakout looks imminent for BAND. If BTC can have the breakout past resistance on the 25 EMA and reach price target of 33k
Volume is decreasing and buying power seems to be weakening. As we get close, i can see a price breakdown to previous support or potentially lower.
This line has acted as a strong level of resistance since FEB
a trend reversal looks in play over the next few weeks. we need to find the bottom first
From my gann lines as you can see im expecting BTC to visit support lines at 25k. This may be the spring required to gain momentum and put ATH in late 21 early 22
Accumulation Schematic Phase A The selling force decreases, and the downtrend starts to slow down. This phase is usually marked by an increase in trading volume. The Preliminary Support (PS) indicates that some buyers are showing up, but still not enough to stop the downward move. The Selling Climax (SC) is formed by an intense selling activity as investors...