nicholasilechie

nicholasilechie

Pinky: Its too early for a rally, Perky; we need a correction... Perky: Hold my bear, Pinky; you'll get it when I'm high. PS: This chart is a continuation of our previous BTC chart published on May 16, 2022, with slight modifications; a link to the previous chart is below. Chart Keys Orange Horizontal Line|~Prox Halving Dates Yellow Bars: Range From...

nicholasilechie

To many, it's just a dip, to some liquidation cries, confusion, and fear grip a lot, what's really happening in the market? why am I getting margin calls? I thought this was a great project. Well, here's what we think. Chart Keys Orange Horizontal Line|~Prox Halving Dates Yellow Bars - Range From Halving to ATH Pink Bars - Range From ATH to Bottom Green...

nicholasilechie

#Bitcoin in a typical double top chart pattern This week we broke the neckline which suggests the market should be trending towards the next support at $30,000. Will $btc respect this or not? Time will tell...

nicholasilechie

I think we are at the start of a new rally... The #bitcoin bull market started in 2020 after we broke out on the Daily RSI and a bounce off from BO retest. Today, we find price retesting these levels after another Major BO 3-D ago, I believe we'll see a bounce off. Expect Crossed fingers

nicholasilechie

Hey Guys, Hope you all been hodling strong. It's been a while I last shared my charts and hope this will help remind most of you about the prospects of bitcoin and also ease the stress from the lots of FUD going on in the market lately. I made the chart self-explanatory and from the chart it's easy to tell that we still have a lot of room to go before the end...

nicholasilechie

Hey traders, been a bloody past 4-days in the crypto space.. hope ya'll been keeping it together in this chart i quickly sketched out my observations for the last four months since we broke 20k highs, First i'd like to say the BULL Market is not yet over, Taking a close look at the chart we find that since January after remarkable highs we always experience a...

nicholasilechie

$BTC #BTC Last time #Bitcoin tested the lower channel support we had a 20% jump in price in the next couple of days. Once again we find #Bitcoin hovering around our support level... i expect 15-25% retracement from this support area of $56/55k to about $62-67k in days ahead. However it would be wiser to wait for a clear break above the $57000 price level once...

nicholasilechie

BITCOIN BREAKING

nicholasilechie

Hey traders hope you all been great, its been a while i shared my charts as i've been busy with so many other business activities. In this chart we reviewed our previous analysis with some partial modification and adjustment Where we compared our current bull market of 2020-2021 with the previous of 2016-2017 and thereafter seeing noticeable trend rally...

nicholasilechie

Hey traders, hope you all doing well, In this chart we compared our current chart 2020-2021 with that of 2016-2017 and seeing noticeable trend rally pattern, separated the rally into two phases for better analysis. Bitcoin after hitting $42,000 took a 28% price correction to $30,000 followed by a 4-D TF retracement to $39,000. currently we find price ranging...

nicholasilechie

Hey traders hope you all been great, its been a while i shared my charts as i'd been on winter vacation. In this chart we compared our current bull market of 2020-2021 with the previous of 2016-2017 and thereafter seeing noticeable trend rally pattern, separated the rally into two phases for better analysis. From the chart we could see that in the first phase of...

nicholasilechie

Crypto Financial Education: #Bitcoin is approaching an ATH and while bitcoin may hit and probably surpass its ATH of $20,000. One may stop to think is it really the best investment decision? Let's turn-on our time machine and take a look back in 2016-2017.⬇️ Bitcoin made its first major mainstream ground-breaking ATH in December 2013 when it grew from $70 to...

nicholasilechie

Hey traders, in this chart we took a short term parabolic view on Bitcoin , i tried to make the chart self-explanatory and detailed. However if you still have some questions do leave a comment below and if you find it helpful hit a thumbs-up 👍🏻. Also share your idea below and let me know how you think the market would react. I'd like to give some credits to...

nicholasilechie

Hey traders, in this chart we took a logarithmic parabola view on Gold, i tried to make the chart self-explanatory and detailed. However if you still have some questions do leave a comment below and if you find it helpful hit a thumb-up 👍🏻. Also share your idea below and let me know how you think the market would react.

nicholasilechie Updated 

👋🏼Hey Traders 🌼 Currently running trade, our analysis here is based on the breakout below 1.55300 trend support in line with the 61.8 fibo support level. 💭 In attached chart you could see the trend breakout and fibo retracement on the H1 TF, our entry below the bearish flag indicating a clear confirmation of a bearish call. 💚Regards The NiclaxFX Team™️

nicholasilechie

Hey traders, in this chart we highlighted the halving effect observing the the time to major ATHs after the halving event. After first halving on chart we could see it took bitcoin about 500 Days to reach an all time high of about $1000. After second halving same thing repeated we had another 500> days to hit an ATH of $20,000 Currently we sitting on the third...

nicholasilechie

The current bull market of 2020-2021 is completely different from the last bull market of 2016-2017 though the technical chart analysis shows quite a lot of similarities however the fundamentals backing it up are completely distinct. Let’s highlight some key fundamental differences below. 2017 Bull Run: Propelled by retail investors looking for quick gains and...

nicholasilechie

Hey traders, in this chart i quickly sketched out a likely scenario following the 2017 market patterns, at the current stage the likelihood of a 22k / BTC is very realistic come winter, in the chart we saw a correlation of a 90days rally although 2020 is a bit different but quite certain we should see a new ATH at 22k before major pullback however its quite...