I think we can see 1 more rally upwards, before price goes back below $1,00.
The structure is maintained good. But before we reach the 'bearish' targets, i'd like to tap the $1,90 region first. Once the downside target is reached, i'll be looking for some long trades & long term buys
Almost 2 months ago, i shared my thoughts about Bitcoin and it's previous cycles. (link below)
The course seems to follow the path quite exactly as I had shared before. Better than I expected.
What's my next target?
I'm looking at ~$95,000. This is purely based on the previous cycles. But as it stands, we look pretty much on the same route as before.
After a couple day's, my long orders are finally filled!
We saw the pullback as expected towards the placed orders!
This could be a higher low followed by a higher high.
Price hunted some low's and landed (so far) in our entry zone.
For now, sit back, relax & let the market do it's thing.
I placed extra take profit for this trade around...
In the idea posted earlier (link below), I shared a long entry. Now i'm looking for a second long entry!
Price broke the (short term) bearish market structure (correction). What's next?
Price succeed to make a higher high. What means: We are looking for longs
IF we see a pullback:
The entry should be safe around the $56.000 region.
I placed some take...
Possible fractal with previous options expiry
Januari options expiry
This is what happened in Januari when the options expired. There was a lot of volitality around that date. I'm thinking about a semilar situation this time.
Thank you for checking in!
Do you have tips or other comments? Tell me please! I'm open...
Since the last week of februari, the bitcoin price was ranging between ~$45000 & ~$52000. Now we see the price broke out of the range.
First i want to talk about what actually happened
Because i spotted something interesting.
We where trading in a range, and at the same time price was forming a Wyckoff re-accumulation schematic. (in my...
Currently i'm patiently waiting for a possible entry. My POI is marked in the chart so, i'll sit on my hands untill the zone is reached.
Price reached the POI, whats next?
I'll look for a long entry. I'll update the targets if we are at the POI !
Bitcoin did fill the 78.6% fibonacci retracement. In most situations, a fib level should be tapped twice. And that's exactly what Bitcoin is showing right now.
We saw the first spike towards this fib level. Followed by a second spike ( so far ).
What if the price goes below the trendline?
If price is going below the trendline what's currently holding, than we...
If i look to the bullrun in 2017, i see some
When I look at the bull run in 2017, I now see some similarities. Look at the break of the ath, the 1st consolidation after that, and then the run up.
So following the previous cycles, I really think this could be the road that Bitcoin is going to follow.
In the chart below, you can see the Bullrun from 2017. Let me...
Is this coincidence? Or do i almost the same price action as a couple years ago with the halving event?
Thank you for checking my analysis!
Do you have tips or other comments? Tell me please! I'm open for feedback!
The price action that ETH is showing, looks for me verry similar with the price action in 2017.
And then specifically just before price went to his All Time High.
Recently charts showing a strong breakout candle, followed by a nice retest. So we could see some more bullish price action in the coming weeks.
Thank you for checking my analysis!
Do you have tips or...
We see that Bitcoin is trading in a range since ~ 8 January.
What is this chart showing?
- There was a shift in Market Structure at the 10th off January
- After this shift we saw the Lower-Low
- I see Equal high's, those should get hunted (imo)
I placed my short order at 50% of the orderblock (blue). I think this could be a major turning point...
Btc hunted the equal lows. Those stops are taken. I made a entry at the orderblock right below that equals.
Price could sweep the recent high into the bearish orderblock (orange)
The stoploss is placed verry tight, at that point i think the setup is invalidated.