BTC prices are stabilizing. HYC is undervalued compared to the company's business capabilities.
Hello dear crypto friends, hope you're doing well guys! ;) Bitcoin had a pretty solid dump in the last couple of days, and therefore it is time for a Multi-Timeframe Analysis. You can support this post by likes & commenting if you get some value! ; Let's get is started off with the Hourly Chart : This is what I had posted in our Slack group just a couple of...
Invers Head & Shoulder in 1 hr time frame. According to this chart next target should be 10,500$ Mian Arslan Ali
Shorters getting greedy again and thinking of 7k and 5k. 4h heavily oversold.
Pronta subida del BTC de manera escalonada con una posible ruptura de la resistencia de los 11,700$, motivo: liquidar la gran demanda de SHORTS acumulados en pools
It looks like it's currently forming the 5th wave of a leading diagonal wave A of 2
Good morning, traders. Last night is a good example of why, if you're correcting in a bull trend, you want to wait for confirmation on larger TFs before entering long. Many traders are fearful of going long now, and a lot of them are even short. Here's a reality check, though: for as far as price dropped the past two days or so, the volume was nothing special. It...
BTCUSD is possibly showing us a new Head and Shoulders Top on the Daily chart here. Yellow trendline is the neckline/support. Certainly not the cleanest Head and Shoulders so it may be nothing. But with this thesis in mind, BTC seems to be printing the second breakdown attempt below the neckline. If this pattern does see follow through to the downside then a 50%...
Again we are moving towards a critical point. BTC hasn't closed a daily below my dotted line yet but if it does things could go ungly. I don't expect that BTC will go down now. I expect it to bounce as it did in past when it touched that line. I targeted it in the orange circle. I think we will move towards the 61.8% region and bounce from there.
Zoom Out... My view on the big picture after calling the bottom. See my previous long-term chart: Called it at $3,400, just a couple of hundred shy of the bottom! My expectation is we either rally from here, we have more sideways action for a few more weeks, or we potentially touch closer to a 40% retracement at around $8,50~... I do not see us breaking $8,400
There are numerous alternative count in this range , wanted to put some of them together since it will be easier for me to follow and check :) Good luck . This first one is one of the likely one for me. Since move from 3k to 14k is clear 5 waves up and i find the B wave counts incomplete or forced. So after yesterdays price action I think this could be an...
Hello everyone! This week showed us how the bitcoin price could fall without negative news. If you want resume shorting bitcoin, you can do it from 9920-10000 where stop-loss will be at 10253, and tp at 9163. Good luck!
Things are much simpler when you zoom out a little...