The Sandbox We are still in a Sandbox like Jun 2021 touched 3 times bottom of the box and 3 times top of the box 2 Scenario is possible: 1. a Death Cross (ma50/ma200) like Jun 2021 , break down to 40k Support 2. break up the Sandbox to 53k resistance and a parabolic move in Q1 2022 but we should Retest descending trend line (white line) What do you Think?
sort term bear flag broken to upper side but descending channel is still alive. market sentiment is weak and we will see 40k soon probably. if descending channel will be broke we can see 53k resistance but i dont think :) . . . 40k ?!
Following yesterdays bullish patch perfectly so far. Expecting a formation of a bullish ascending triangle as per the 15MIN chart. I feel we will break $40k possibly today or tomorrow. Although as previously stated I am more focused on the $41.3k resistance which is where I think a big retracement will come due to alot of technical indicators suggesting reversal...
i spotted a head and shoulder pattern in the big picture, it the second shoulder is being formed now, seems pretty on point to previous shoulder circled. any thoughts?
Small TF reversal into ascending M formation where the tail end curls up into a scallop making the bullish ascending scallop pattern. Likely we see the top of this wedge, break out, get rejected by the 40k again, and continue up for a few days after that small correction is over. Time will tell.
We are on a simetric triangle that could be bullish or bearish, I'm bullish since we have higher lows. - We don't have much volume since the CME Globex Trading Schedule is on Holidays for Memorial Day (28 May - 1 June 2021) - The action price looks clever, the miners keeps holding. - Project Jasper is developing a new way of payments allowing works with...
A SHORT FROM 47K TO 41K AND BACK UP TO 45K IN SHORT TERM
Hello traders, or this time investors, here is my long term log Bitcoin chart with historical data. Because of this growth curve and the fact that we "only" made 1.400% so far, since the last low at 3.000$, I believe that we can still expect much higher price for Bitcoin this year. But as you know it's not only about the price. Wish you all a nice weekend....
Its too early to say but Possible Head n Shoulders on BTC that will put us back on $40,750 which is also on a high volume price zone
I expect the 40k incoming in the next few hours before we retest our support at 36k
BTC Macro perspective looking at $40,000 as the minimum target. Based on Fibonacci of time We're looking at January or April of it happening. Regardless this doesn't mean the rocket to the moon has fuel forever. It may rest for gas but that doesn't mean it will stop. Don't stop. Just rest and continue on your mastery.
we dip into 7800 to fill longs and then pump to 8600 and pullback to 8300 before we break out bigly