In Daily Chart, Bitcoin is on Last 2 Wave to finish this bullish move. Expecting that next two months to be bullish for Bitcoin and Crypto as also TVC:DXY expecting to go more down! Waiting for next week to start this move and see bulls take full control for some months! Investing is always a good choice. ...DYOR
Bitcoin (BTCUSD) has been on a 1 month pull-back ever since it started the new Bull Cycle rally at the start of this year. We have compared the current Cycle to that of 2015-2017 numerous times and as the market fears (yet again) of a stronger correction/ major trend reversal, the Crypto Total Altcoin Market Cap (OTHERS)/ BTC ratio provides more insight. This...
I'd like to dive into the recent price movements of Bitcoin, focusing on its encounters with critical resistance levels, and explore the implications of a series of lower highs and lower lows. While facing a corrective phase, Bitcoin continues to present opportunities for cautious optimism. I will examine the significance of the descending channel, discuss the...
Bitcoin (BTCUSD) turned its Ichimoku Cloud green again on the 1W time-frame for the first time since July 2022. However it is the first time that it goes from red to green since December 2020 and if it wasn't for the March 2020 COVID crash, it would have been the first since November 2019! This shows that on a cyclical basis, this is a very rare occurrence. On...
Accumulate it ranges 🤝 binance Target mentioned Noted: Not a financial advisor. It's always recommended to carefully consider all the factors and conduct thorough research before making any investment decisions. I suggest seeking advice from a licensed financial advisor.
As I expected in the previous post, Bitcoin was not able to break the 🟢 heavy support zone($ 26,900-$ 26,400) 🟢, but as Bitcoin always does, it created a trap(🐻Bear Trap🐻). Bitcoin seems to be completing the Bullish Pennant pattern , but maybe the ⚠️ low trading volume ⚠️ on Saturday and Sunday will affect the correct formation of this pattern. If Bitcoin can...
Bitcoin (BTCUSD) is trading again back towards its 1D MA100 (green trend-line) after rebounding on it a few days ago. This is a minor bearish signal on the short-term as the previous hit and pump on the 1D MA100 (March 09) delivered a massive rebound instantly. The 1D RSI however shows that the bottom is closer than we think, if it's Higher Lows trend-line holds...
Traders, I am hearing many, if not most, technical analyst now swinging back to the bullish side. But there are a few things that cause me to be wary of such sentiment just yet: #1 - The attempt by the bears to reach our target down on that H&S pattern, was weak. 25,8k was NOT the final target. I expect 25.2k at least. Maybe even a wick down to 24.2k before we...
In the 12-hour time frame, as we said in the previous analysis, gold is in an ascending channel and has reacted to the bottom of the channel several times. As long as the support range is not broken, the ascending channel will be valid. Its not Buy or Sell SIGNAL DYOR BY : M.TeriZ - @AtonicShark
🤑The BTCUSDT is in a Bullish phase by reaching a PRZ zone & is in a Falling Wedge Pattern. 🌟 Bullish signals in the PRZ area are: - Support zone - Bullish Channel - The Bottom of the Wedge area - Falling Wedge Pattern - Moving EMA100 ❗and the Upward signals of market momentum are: - Divergence in MACD ⭐ Note if the PRZ is broken downwards with the strength of...
Bitcoin (BTCUSD) has been trading within a short-term Channel Down patten since the April 14 31000 High. The recent rebound last Friday was made on the 1D MA100 (yellow trend-line), which was the level that also held and made the price rebound on the March 10 low. Technically this level can alter the current pattern dynamics as it falls in the category of macro...
My idea of a next move up for BTCUSD From this top at around 35K price may double top and lead to breakdown of up channel but this is further speculation. I expect a breakout of the rounded top in white.
Coming up to a heavy area for Bitcoin Trying to regain some ground after the latest sell off, Bitcoin is making a run at 28k again. I believe we have a good chance at rejecting between 27.9k - 28.5k If we do start to break down from that area I would be looking for a hard push below 26.5k followed by continuation to at least 25. Personally, I will have my eye on...
As I expected, Bitcoin completed the main wave C with by Expanding Ending Diagonal pattern. Now the structure of the next corrective wave is expected to follow the 🔵 CME Gaps 🔵. I expect Bitcoin to rise at least to the end of microwave 4 of main wave C, and then start to decline again and fill the 🔵 lower CME Gap($ 26,770-$ 26,510) 🔵, and then rise to the...
BITSTAMP:BTCUSD Failed Head & Shoulders Pattern If we close above 27000, very bullish for CRYPTOCAP:BTC best moves come from failed moves.
The littler bullish move up to .786 followed by a large parabolic rally Right now i am contemplating whether this small move will occur or we will skip straight to the parabolic rally Im leaning more towards the rally straight away
Bitcoin price still can be counted as a sideway move (down red channel) as the price hits 1:1 proportion W vs Y of a possible WXY correction for a wave 2. Price still stay into an up channel(green channel) of a possible impulse ended at 31050. For wave 2 I think is still early to be ended as the price did not hit even 0.382 fib retracement of this up move and the...
Bitcoin must reclaim the S/R level (yellow line) now at 26880 and make it support to enter into a new parabolic move. If BTC fails to do so then 26880 resistance will send it lower..maybe even a Lot lower This is a VERY CRUCIAL moment for the price action and we will soon know if today's red wick was something similar to November 26th 2020 when the price...