We are in a bull market and through Dec 2023 clear a, b, c correction is being made. Wave a and b are clearly done. Wave c looks like a textbook ending diagonal pattern with waves 1, 2, 3, 4 already done and now we are in the middle of wave 5. The drop won't stop until price reaches $40k level. It's a good trade with a very high likelihood of success and...
Hello guys, After the short trade, there is great long opportunity on btc. enjoy it.
Hello. The last week before 2024. Many companies are closing their mega-profits in fiat. The dollar has hit bottom (DXY) and US10-3-1 year bonds are starting to turn green again. The dragon pattern on Bitcoin allows us to see an imminent reversal in the market.
On the fourth day, we see another attempt towards that upper resistance zone. Never the less, we also sense demand in correction, where with every smaller push we are having, it is just not enough for a breakout of such a big resistance. As you know, we have already opened a position on BTC Short, so the gameplan is still the same. We might see very sweet gains...
For the last 21 days, the price of BTC has been held back by that major resistance zone at $45K, which is giving us a small clue that the volume of buyers is decreasing, and with every new weekly candle, we see that they find it harder and harder to break that resistance. With the amazing pre-halving pump markets have had so far, we see the dominance of BTC...
BTC is in a range. Still trade fake outs that's the bgest time for such strategy
Morning folks, So, downside action has happened, even deeper than we thought. Bearish grabber on daily chart still exists and suggests potential drop below 40K area. Still, this is just the pattern and could fail as any other one. To bet against it or not - this choice is up to you, we just share with our thoughts on the suggest. First is, downside action on...
Litecoin is showing some strength, pushing towards upper resistance, and potentially breaking it soon as well! We are looking here for a clean breakout to happen in order to catch a potential long position! Eyes open as if we will not see a clean breakout, then we will go back towards EMAs
Thank you for reading this update. Depending on our study we see that BSV has a good chance of volume increase. This updates depending on day trade, And the market should confirm with time the right market way. #Nottradingadvice #For Day traders take always profits when the market increase #Expect nothing from the markets, but follow what it shows.
TVC:DXY Completely Destroyed the Major Support Level. Not sure it will be so easy to recuperate like last time. This feels and looks different. Now, unless they are forced to raise rates again, time will tell. The US #Dollar will likely break the 100 level & test 99. Positive RSI Divergence is on the rocks and that is the only decent looking thing in this...
Merry Christmas BTC Update Today! if today btc can stay in the 43,400 - 43,500 area btc has the potential to rise to 44,200 and potentially sideways. but if btc is not strong at 43,400 - 43,500, btc has the potential to return to 42,800 *Follow For More! *DYOR
it's cool when this stuff happens even cooler being able to see it major and minor trends coinciding into one big move
Is Mara about to make everyone a millionaire? At the rate its going, it absolutely looks like it. Mara has moved up an extra 100% despite BTC not taking out its daily high close on December 5
Rework of an idea same as Iren Energy we have a new right shoulder and and new horizontal neckline. Linear and Log targets for your viewing pleasure :)
Lovely Cup and Handle has formed 5X sounds alot but it has traded to those heights previously soo, not really. and can go on to smash $5 It's a nano cap #bitcoin miner so position accordingly. Good Luck.
I highlighted the inverse head and shoulders before which has its own impressive target BUT if we do peer closely , we can also make out a cup and handle pattern being created. Log targets provided Good luck in your speculations.
Ugh.. My freakin pancreas.. Are we there yet? Are we there yet? Are we there yet? We're just about there, I think.. HELLO, BULLRUN!!
We previously noted that Bitcoin's trend turned bullish after it tested its 25-day Exponential Moving Average (EMA) as a significant support level (the green line). The current triangular pattern suggests that if Bitcoin's price breaks above the top line of this pattern, it is likely to continue rising to even higher levels. This analysis is for informational...