An opportunity to swing trade? Technical Analysis: ---------------------------------------------- Prediction Summary: Any price over 91K is what I personally consider a safe buying zone and anything below 100K a safe profit this week. Bitcoin might stay between 91K and 100K in the coming days or weeks. Long term remains bullish. The white Fibonacci...
FA: > 'cryptocurrency fan' Trump becoming president has created a surge in speculative investments into Bitcoin and altcoins. > ETFs , especially Bitcoin ETFs are doing better than expected > New innovations in blockchain technology are pumping altcoins as well as Bitcoin TA: Judging by the last pump from the beginning of 2023 to march 2024, Bitcoin...
Am I seeing things? Looks like Bitcoin might pump to around 80K+ if this is the starting pump of an inverse H/S. MACD indicates a reversal. RSI is trending up as is the volume. The support is holding nicely at 56K
Heads up: Head and Shoulders seem to be forming on the daily chart. I am still waiting on the right shoulder to form as confirmation. Furthermore, we bounced off the upper highs trend line, so I see a strong indication of going up. I am building this chart on my previous idea:
54K seems to be the most likely support level on the 4-hour chart for Bitcoin/USD. After that 52K . A drop to 48K seems unlikely . But possible. A reminder that this is the 4-Hour Chart. If you zoom out, you will notice that Bitcoin is not yet in a bear market. Technical Analysis tools used: Volume, Ichimoku Clouds, Fibonnaci Retracement, Volume Delta,...
A continuation to my last idea: The diverging volume delta shows the selling-side domination going down. You can see I use my Diverging Volume Delta Strategy, like in my previous chart: This is a short 4H-Chart analysis that indicates we might see a rise back to 60K or higher. Disclaimer The information and publications are not meant to be, and do not...
This TA is based on the indicator "Volume Delta". (Basically, the difference in buy and sell volume.) My strategy: I marked some sell and market price divergence lines (selling dominance/time) and between their respective highs and lows. The divergences signal a slowing of the buying/selling pressure up to the point where the market price reverses,...
Fibonacci resistance comparisons since ATH (purple) and previous high at ~$29k USD. Expecting pump to at least ~$25k USD. Start of pump estimated from 4th to 8th of July 2022.
The Fibonacci resistance level comparisons since the All-Time-High (purple) and the previous high (green) show a correlation to the main resistance at $29k USD. I am expecting a pump to at least ~$25k USD, which is the lowest fibonnaci resistance level since the beginning of March (previous high). I estimate the pump can happen from the 4th to 8th of July 2022,...
Serving as an extension to my last published idea, We saw a pump from the rsi swing rejection as hoped, we had a chance to take a profit. Those who followed my last idea know what I am talking about. No breakout yet. However I remain bullish on the coming breakout and pump to minimum $25k. Triple bottom on the daily shows a nice support line with the latest...
FUD NEWS FROM ELON MUSK: Tesla sells off $1.5B USD worth of Bitcoin. Elon Musk "needs cash" but "will buy Bitcoin again" someday. This news has caused a panic dump but I remain bullish. $1.5B sold out of the over $430B Bitcoin market cap is only around 0.345%. Not an impressive number. The dip is purely FUD. Elon Musk has a lot of sheep following his moves....
This is simply an improvement to my last chart. It shows where I am most willing to buy BTC and where I am not. What is DCA? Dollar-cost averaging (DCA) is an investment strategy in which an investor divides up the total amount to be invested across periodic purchases of a target asset in an effort to reduce the impact of volatility on the overall purchase....
I see bounces from the same resistance line - But no large breakthroughs. To me, a strong sign of support at the fibonacci line of ~1684.32. The next strong resistances I expect are around ~1834.88 and ~2078.25 respectively (~1834.88 would be a decent ~8.9% profit margin to sell if I wanted to play it safe.). We could be in for a new ATH pump if we see a...
BINANCE:BTCUSDT BITSTAMP:BTCUSD I remain bullish. We might bounce between the $21-27k fibonacci lines and the "main" triangle for a while but we may also see a pump/dump breakout in the coming weeks (should the price decide to go out of the main triangle). Anything above $25k makes me certain that a weekly bull market is very probable . Below $21k is no mans...
Bitcoin is starting to teeter on the border to a bullish trend reversal. The probability of a pump is high within the next 1-3 days. If we can get to a price above $24944.90 USDT/BTC then I would feel safe enough to claim a bullish market trend reversal to at least $29415.43 USDT/BTC. We might see another dip at $24k. Key Takeaways: The $19k support...
As we can see on the bottom chart, by the Fibonacci and weekly trend lines, 29k and 37k will be the next major long-term resistances. This is where I expect the next possible dips. On the top chart we see a Heikin Ashi confirmation.
Bitcoin has fallen over 6% in mere hours after the announcement that one of the largest crypto exchanges, Binance, is being sued by the SEC. Now seems the best time for me to put in buying orders at certain support price levels. I see three Scenarios: 1.The news that SEC is suing Binance will have no short term aftereffect on the Bitcoin price. The price will...