BITSTAMP:BTCUSD is testing the most crucial support 42000 for the upside continuation or a pullback
Price action analysis for Bitcoin. Important bearish clues discussed. Potential scenario. Trading recommendations. Thoughts. ❤️Please, support my work with like, thank you!❤️
After a strong 2 months wave, btc is now showing signs of small weakness, might this be the beginning of a retrace? Charts shows the upwave started on october is still pretty intact, we have good support at around 40k level (first yellow circle), ready to help the bulls. If such support would fail, the next bigger one can be found on 35k (second yellow...
We are clearly having a ABC correction after wave 5. We had a perfect 1-5 downward correction for wave A, Now we are at the end of wave B, and the target for C wave are 61.8%, 100%, or 123.6% of wave A. Please feel free to correct me if you don´t agree with my TA. Thanks!
Bearish clouds ☁️🐻 linger over the global crypto market in the next 24 hours, indicating that profit-taking lies ahead. However, Uniswap and Chainlink have upside potential, ATTMO shows. ☀️ Over a one-week horizon 📅, the bearish trend will continue to weigh on Ether, Litecoin, Ripple’s XRP, Cardano, and Polygon ☁️🐻. As for Bitcoin, a strong sun ☀️, signaling very...
I think that this concludes Intermediate Wave 2. I could be wrong, I hope I am, because if I am right, the carnage will be terrible. Please mitigate your risk, that is the only purpose as to why I have started posting. Please, please, please be careful. Trade safely.
Honestly, I do not think the correction is over, I think we may see near Covid prices again... The lack of a "covid wick" on the monthly is the biggest giveaway to me. I must admit, my macro has errors and therefore, can only trade my micro, however, at the end of this set we could really dump. I know Bulls are calling for buys at 28k, but honestly, with the...
—— Part 1 On the right is the S&P500 index (conditionally 1960-85 years). Bitcoin on the left. Stocks used to be as much of a novelty as crypto is now. Facts first, opinions second. Facts: — 1965-70 years. Green zone >>> Economic growth, more dollars, assets grow. But the war in Vietnam continues and world economic growth gradually stops. >>> Now: 2019-21 very...
We have published quite a handful of Bitcoin (BTCUSD) analyses that compare in detail the current Cycle with that of 2014 - 2017. A representative sample of such study is the one below that we made on July 31: People were still in denial that BTC would extend the recover that started after the FTX crash but we analyzed in detail why we thought that was the...
Technical Analysis: Wave ((2)) can be done - H1 right side is turning up - H4 right side is turning up Technical Information: BTC is weekly, sideways we need more date to be able to buy
As the New Year’s holidays are approaching, the investor’s sentiment has been in the cheer mood since the start of December. For the second week in a row markets are strongly moving to the upside. The latest US jobs data for November increased investors’ confidence over the resilience of the US economy. When it comes to the crypto market, it was additionally...
UPDATE CHESS is making falling Wedge and this is ready for breakout. After this Breakout we can see gain upto 65%.
Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (USDT chart) It has risen above the high point on November 8th. I think this is evidence that a lot of money is flowing into the coin market. (USDC chart) It looks like it's about to turn, but it...
The price visited that 4h support area and dipped further below before quickly moving up. The monthly resistance did its job. This bounce from the support should aim for the monthly resistance again. Therefore, a long is favorable here with a good entry. I will share a long setup in a separate post.
Hello Here we come with Bitcoin Mondays Last week was great and it went according to our analysis Let's have an analysis for this week
#BTC Bitcoin is trading in an upward trend to the 37000 $ level. After the price broke the 27,800 $ level, which is a strong resistance level. Once it was breached, the price went up after the bearish flag breached the major one. We expect the price to rebound to test the 27,800 $ level to 31,000 $ again and proceed sideways at those levels until the beginning...
Hi , as i clearly pointed out here , BTC is making HH on Lower Volume !!! in any technical view (i literally mean ANY) this is known as OVER BOUGHT (or sign of weakness ) so although i no longer trade crypto (cause it doesn't make technical sense anymore) i still suggest to sell or at least dont BUY !! ur money ur choice , i made my own mistakes in the past ,...
Bitcoin is sitting exactly on my trendline. The drop i am talking about from weeks, looks ready to start. When can expect it to continue for the next 3-4 weeks, till reaching the 33.5k area. Pay attention to a possible pullback now, we can go up till 43k to blow some new shorts