Bitcoin_Weather

Bitcoin_Weather Updated 

BNB will soon break through a very important pivot zone. target1: 369 target2: 426 Don't forget to set a stop loss order.

Bitcoin_Weather Updated 

bullish price structure + bullish MACD divergence target: 67 Don't forget to set a stop loss order.

Bitcoin_Weather Updated 

huge bullish divergence + local divergence + throwback completed on strong support target: 1100 Don't forget to set a stop loss order.

Bitcoin_Weather Updated 

Finally I think the throwback is not complete so I expect a drop of about 10% to get back on the oblique of the falling wedge. Reminder of bullish factors: - double bottom - end of falling wedge - breakout completed - huge bullish divergences - FIBO retracement 78.6% since march 2020 - increasing volumes since june - blue pill (Hash Ribbons indicator) - bottom...

Bitcoin_Weather

The price structure shows the beginning of a correction after a rise of about 28% (from the 90 support), confirmed by a MACD triple top and a RSI bearish divergence. On the other hand, I remain bullish in the medium to long term:

Bitcoin_Weather Updated 

In TF4h we can observe a bearish double pennant which is a very bearish price structure, so the probability of a short term drop is significant.

Bitcoin_Weather Updated 

In weekly time units and in logarithmic scale, we can see that the cycles of Bitcoin have been based on technical support since 2010. This support gave way only once during the panic of the world stock exchanges in March 2020, due to the Covid 19 pandemic. This representation shows that Bitcoin is probably on the low of the current cycle (end of cycle) and that it...

Bitcoin_Weather Updated 

Reminder of bullish factors: - end of falling wedge - breakout completed - huge bullish divergences - blue pill (Hash Ribbons indicator, not in this chart) - bottom found (Puell Multiple indicator, not in this chart) - reversal signal (Network Value to Transactions ratio, not in this chart)

Bitcoin_Weather Updated 

Bearish divergence and death cross. This idea is a trend hypothesis, do your own research.

Bitcoin_Weather Updated 

Huge bearish divergence and death cross. This idea is a trend hypothesis, do your own research.

Bitcoin_Weather Updated 

The assumption of a large Wolfe Wave shows a potential target of $60K in March 2023. Such a rapid rise has already occurred between October 2020 and February 2021.

Bitcoin_Weather Updated 

Bitcoin will soon come out of the huge falling wedge (reversal pattern).

Bitcoin_Weather Updated 

- double top - bearish divergence - death cross between MA50 and MA100

Bitcoin_Weather

Inverse correlation between gold (XAU) and the dollar (DXY).

Bitcoin_Weather Updated 

BTC will soon come out of the huge falling wedge (reversal pattern).

Bitcoin_Weather Updated 

- end of falling wedge - bullish divergences - double bottom - FIBO retracement 78.6% since march 2020 - blue pill (Hash Ribbons indicator) - bottom found (Puell Multiple indicator)

Bitcoin_Weather Updated 

TF 4h : - small bearish pennant - bullish divergence in progress TF 24h : - end of falling wedge - bullish divergences - blue pill (Hash Ribbons indicator) - bottom found (Puell Multiple indicator)

Bitcoin_Weather Updated 

- end of falling wedge - bullish divergences - blue pill (Hash Ribbons indicator) - bottom found (Puell Multiple indicator)