DeFeye

DeFeye Updated 

Happy Sunday Traders, Investors & Gamblers 😃 In the next 24h we should have a decision weather we are going to continue to the upside of the ascending channel, or break down from the bear flag that is visible when we zoom out. (See Below) Bear Flag: I would like to add that this is only for educational purpose and in no way a guarantee that it will play...

DeFeye Updated 

What's up everyone! 😀 We found nice support here still holding our current range whilst sitting above the .236 level on the Fib. retracement from the range high to the range low. In addition we are confirming support of this ascending Channel A bounce here could take us back to test the previous range highs. Keep in mind this is short term, for a larger bullish...

DeFeye Updated 

Good Morning Traders, Investors & Gamblers 😃 This is a follow up for my post from June 30th. BTC has now reached a critical spot where it needs to close abive the Red line right around 20.270 . That line represents the neckline from where we broke down and lost the 20k region . Now it's our first target to regain that region in order to set up for another...

DeFeye

Good Morning Traders, Investors & Gamblers 😃 We have now foud the top of the ascending channel which I first posted at the end of June, at the top of the channel we found very strong resistance coming from the range highs and other indicators which I wrote about below. For confirmation for further upside we want to see Bitcoin confirm with a 4 h candle close...

DeFeye

Happy SaturdayTraders, Investors & Gamblers 😃 As you can see in the chart, Bitcoin is in a very nice spot to find a short-term bounce here on the trend support. It could become a long-term bounce if BTC can confirm above 32k (previous range highs) after breaking out of the current downtrend (descending channel). This is also in line with my previous idea from...

DeFeye

Evening Traders, Investors & Gamblers 😃 Bitcoin Current Range Simplified: _______________________________________ Note: A 4h candle close above/below each line or outside of the range, would indicate further movement into that direction. I would like to add that this is only for educational purpose and in no way a guarantee that it will play out this way, nor...

DeFeye

Good Evening Everyone! 😃 I hope you are all having an amazing Sunday! Not much to add here, it's all in the charts: on top you can see a potential double top forming on the weekly DXY chart (top) and the yellow lines indicate that Bitcoin (bottom) went on rallies that took the price to new All Time Highs when the USD went bear. I would like to add that...

DeFeye

Welcome Traders, Investors & Gamblers 😃 Happy Saturday everyone, It's all in the chart here, some interesting data about the decreasing amount of time that BTC spent near the 200 week SMA after putting in a new ATH and then coming back down to touch the previously mentioned moving average (white) Let me know what you think in the comments! I would like to...

10:23

DeFeye

Welcome Traders, Investors & Gamblers 😃 As expected we are slipping lower and there is one key level tht we need to bounce off from this weekend! I would like to add that this is only for educational purpose and in no way a guarantee that it will play out this way, nor is this or are any of my posts financial advise. As always, A BIG THANK YOU for stopping...

11:04

DeFeye

Hi Traders, Investors & Gamblers 😃 I hope everyone is doing great this wednesday morning! A quick update after the expected loss of the previous support level for Bitcoin, once again I want to point out a very logical next support level and potential bottom scenario for Bitcoin . The 200 week SMA the most logical target for Bitcoin on a weekly closing...

17:53

DeFeye

Welcome Traders, Investors & Gamblers 😃 Let's Dive In and Find the Bottom! Daily Charts: Support & Resistance Levels On a quick glance at this chart we would think that there isn't too much support in the area that Bitcoin is currently hangingon to, but down below I will go through all the indicators that lead me to call these current lows for Bitcoin in...

DeFeye

Welcome Traders, Investors & Gamblers 😃 Daily Charts: Support & Resistance Levels On a quick glance at this chart we would think that there isn't too much support in the area that Bitcoin is currently hangingon to, but down below I will go through all the indicators that lead me to call these current lows for Bitcoin in the beginning of the year already. ...

DeFeye

Welcome Traders, Investors & Gamblers 😃 The 200 week SMA the most logical target for Bitcoin on a weekly closing basis all along. I've been talking about it here on @TradingView since at least February. Now we have perfect alignement with this falling wedge and the 200 week SMA. Im looking for a wick down to about 20k or even aslow as 17-18k (see 78.6...

DeFeye

Good Evening Traders, Investors & Gamblers 😃 The Idea is pretty simple, it took Bitcoin roughly 1000 days on average to get to a new All Time High after the previous one. That would take us to Summer (July/August) 2024 and roughly in line with the next Bitcoin halving! I would like to add that this is only for educational purpose and in no way a guarantee...

17:27

DeFeye

Welcome Traders, Investors & Gamblers 😃 Let's Talk About Bitcoin! It's been a while since I posted here on @TradingView, hence I wanted to give you a quick but hopefully comprehensive view on the current range and expected price targets for Bitcoin. It's all in the Video for you guys, but as always, here you can find all the individual charts that I've been...

DeFeye

What's up everyone! 😃 The answer depends on many factors and we will be looking at a couple of different ones in the form of price acion patterns, indicators and reracements. ------------------------------------ Part 1: The Daily Chart; Channel life, the daily SMAs/EMAs and the trend's Fibonacci levels. - The Daily SMAs 50: 41.8k 100:...

DeFeye

Happy Saturday Everyone! 😃 hoe you are all doing well! Here's a quick Bitcoin update on what we can expect in the coming days! 41.6k-41.1k Support Area: In the featured 4h BTCUSDT chart I pointed out the next major bounce area, here we get good volume support and it's also in line with the Fibonacci 61.8-65 golden ration. Reistance: Above I pointed out all...

DeFeye

Happy Saturday Everyone! 😃 It's been a little over two weeks since my "crazy" post and video where I spoke about why I think that Bitcoin could reach 165k to 360k before we break the uptrend on the larger time frames and fall into a full on bear market. The original Idea and the follow up video got a lot of traffic and I want to thank all my new...