RSibayan

RSibayan

Bitcoin Has 2 Bullish Patterns Plus A Bullish Divergence 2 Bullish Patterns, A Descending Broadening Wedge (Blue Lines) , and a Falling Wedge (Yellow Lines) Plus: A Bullish Divergence (Green Line) Outlook: Upward Breakout Target: $12,500-ish Outlook: Downward Breakout Target: $10,200-ish Bitcoin has the tendency to go the opposite way or do an "FU" move...

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2 Bullish Patterns, A Descending Broadening Wedge (Blue Lines) , and a Falling Wedge (Yellow Lines) Plus: A Bullish Divergence (Green Line) Outlook: Upward Breakout Target: $12,700-ish Bitcoin has the tendency to go the opposite way or do an "FU" move with Stop_Hunting Wicks. Always remember to place your stops at the appropriate levels. Happy Trading...

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Hello Traders, Here's just one of the hundreds of possibilities where Bitcoin might go from today moving forwards into the next 2 weeks. Nothing is guaranteed. Momentum has not been strong as expected from the breakout from yesterday and steam may be running out as we hit the $13,800-$14K-ish levels. If and when we break out of our recent ATH of $13,800, we...

RSibayan

Hello Traders, Here's just one of the hundreds of possibilities where Bitcoin might go from today moving forwards into the next 2 weeks. Nothing is guaranteed. Momentum has not been strong as expected from the breakout from yesterday and steam may be running out as we hit the $13,800-$14K-ish levels. If and when we break out of our recent ATH of $13,800, we...

RSibayan

Great start for the week! Bitcoin Cup Of Coffee Outlook: Bullish Short Term Target: $13,000 If the price drops past the blue upward trending support line, the pattern fails. Check out the potential mid term direction of this upward trend: Always remember to put your stops at the appropriate levels. Happy Trading everyone! Ron

RSibayan

Bitcoin Extended Consolidation Phase Moving Towards A Bull Run Outlook: Bull Run Target: $16,000 Check out the other scenarios that may play out: Bitcoin Bull Flag - Bullish Scenario Bitcoin Descending Broadening Wedge - Bullish Scenario Bitcoin Descending Broadening Wedge - Bearish Scenario Bitcoin Descending Broadening Wedge - Neutral...

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Bitcoin Descending Broadening Wedge - Neutral Scenario Outlook: Consolidation phase

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Bitcoin Descending Broadening Wedge - Bullish Scenario Outlook: Bull Run Target: $16,000

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Bitcoin Bull Flag - Bullish Scenario Outlook: Bull Run Target: $16,000

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Bitcoin Descending Broadening Wedge - Bearish Scenario Outlook: Bearish Run

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Hello Friends, If Bitcoin continues to be in a consolidation phase for the next week, here's what it may look like. I followed the resistance and support levels of the plotted Fibonacci retracement from the swing high of $13,868.44 to the swing low of $9,652.23, which now may seem to be our top and bottom for the sideways trading channel. Short Term: If Bitcoin...

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Hello Friends, Here just one idea, one of the pathways BTC may traverse in the next two to three weeks. If this plays out, the bullish trend will continue, otherwise we'll just go south. So again, place your stops at the appropriate levels. Can never stress that enough. The 200EMA seemed to provide support for now and price bounced off of it. If it continues to...

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Hello Friends, Bitcoin continues to respect the supporting trend line of this ascending broadening wedge.  If this plays out to the end, the target price will be all the way up to $10,800-ish.  If Bitcoin decides to fill the CME Futures Gap and replicate a vicious red wick back on the 17th of May, we might see this wick reach the $7,144-ish level.  If we get a...

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Hello Friends, It appears that the sun may still be shining on the crypto world. Bitcoin has now formed a bullish ascending broadening wedge. But remember, Bitcoin will always surprise us with any type of movement, UPWARDS, DOWNWARDS, and even just SIDEWAYS for days or even weeks on end. The takeaway from this message is to always be watchful of what Bitcoin...

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Good morning, just got up and guess what I was presented with... a cup of coffee. Here's just a crazy idea on the 15 min chart. If this plays out and it goes up, our targets are... Target #1 will be $8,185 Target #2 will be $8,330 When it falls, we'll be back to the bottom of the cup at $7,745 Place your stops at the appropriate levels. Happy Trading

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Hello Friends, Double espresso anyone? Bitcoin might be replicating the first completed cup and handle pattern (bullish pattern). If this plays out, target price will be at $9,150-ish. Don't forget that we are still in a rising wedge pattern (BEARISH pattern). A drop might just follow after the pump following the completion of the cup and handle chart...

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Hi Friends, Just wanted to share my views and ideas here. Thanks for taking the time to read this publication. Yesterday, I plotted potential pathways Bitcoin might take. Bitcoin has broken through the resistance line and appears to be taking the third path. Here's yesterday's chart: When price retraces to the resistance line of the falling broadening wedge...

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Hi Friends, Had some time in my hands here just waiting on Bitcoin to just do something and ended up plotting these pathways where Bitcoin may potentially traverse. 2 paths are pointing to the upwards and 2 are pointing to the downwards. What's your vote, Path #1, Path #2, Path #3 or Path #4. I still have this rising wedge chart pattern laid out on my chart,...