Building on my previous $BTC logarithmic regression chart, there has now been an almost perfect bounce off of the yellow, dotted, inversion-curve line. This coincides with daily, weekly and monthly RSI's being at extremely oversold levels with the 4hr RSI moving down into oversold territory. Personally, all my limit orders were hit perfectly so it seems I may have...
Building on my previous $BTC logarithmic regression chart, there has now been an almost perfect bounce off of the yellow, dotted, inversion-curve line. This coincides with daily, weekly and monthly RSI's being at extremely oversold levels with the 4hr RSI moving down into oversold territory. Personally, all my limit orders were hit perfectly so it seems I may have...
BTC daily zoomed in to take a look at the RSI as well as some key areas of support. The RSI is as oversold as it was 6 months ago, it could drop a bit more but lets see if it can get some buy pressure. I have listed the major areas of support as well as showing the RSI and DeMark 9 Inidcators.
Bitcoin has never fallen below prior market cycle’s highs, but it has done just that today falling below 2017’s high of $19k. This is a sign that it’s overall pricing structure and bull trend is getting weaker and weaker. We could see an end to the 4 year cycle of bitcoin, we could see a long term accumulation period like Gold saw after it’s final blow off...
BINANCE:BTCUSDT Potential upcoming moves for Btc for next 3 month Check my IDEA under this post what I've posted in December 2021 about all this BTC move from the top to the bottom now.
i think btc won't break the 19k support but if it does then we go straight to 13k and after that if it cant support we go to 6k but i don't think that will happen. this 19k support is so strong and we can see divergences and most cash out from exchanges so i expect new bull run market in few months but we may stay here for a while for time correction. lets see...
maybe little more dip to 16k or 17k before see short term pump :)
BINANCE:BTCPERP Bitcoin from smart money perspectives, long term view.
Bitcoin will most likely reverse trend for a good while when it hits the previous price that changed the trend to bullish (breaker) which is 19798.68. The second point of interest will be from 13970 if it should continue to go down a lot more past 19798.68
BTC/USDT you see BTC now start forming Higher High & Lower Low the same chart when BTC was on 30000$ and playing with us on 27000$ - 31000$ but you need to know something when one Strong Support testet more than 2-3 times this support begins to get tired Comment below if you agree with me
Extremely similar RSI formations Bottoms along 200MA is a common trait between the two structures Entry now is great for long position I hope a parabolic run follows this one, as it did the prior Weekly Chart
Bitcoin Intraday We look to Buy at 20102 (stop at 19769) We are trading at oversold extremes. Trading close to the psychological 20000 level. 20080 has been pivotal. With signals for sentiment at oversold extremes, the dip could not be extended. Support is located at 20000 and should stem dips to this area. Our profit targets will be 21788 and 22288...
A reversal should be prompt once 13K - 16K is hit I am still very bullish on crypto and digital assets
I drew a channel including bitcoin price history starting from 2013 till today. The upper boundary is touching 2013 and 2017 market tops, meanwhile the lower boundary clearly defines the uptrend bitcoin is maintaining since then. Nothing new. What I added is the orange mid-line , which is not at the EQ level, just a bit higher. Its position is arbitrary and...
BTC market is now creating bullish divergence based on RSI index. MACD line also near closing above signal line on a 1 hr time frame. It may be targetting 22,000 - 23,000 resistance area now and a long entries now is quite a good opportunity.
MartyBoots here. I have been trading for 16 years and I am here to share my ideas with you to help the Crypto space. IF THIS PLAYS OUT THE LOWS IN ALTS ARE ALMOST IN There is a chance that ETH and BTC are close to a bottom and we in CryptoCheck intend to be prepared for it Many ALTs are also close to a bottom and starting to get good for accumulation...
the end of more than 7 months of massive corrction 17700-15500 its the bottom of it
Good to accumulate around 17000 level for a potential upside as it is lying at trendline support. Weekly RSI looks highly oversold and forming strong bullish divergence. Every time weekly RSI went around 30 odd levels, it had given a strong up move. Highlighted for your reference. Minimum upside target should be around 46000 level as it is at golden fib zone...