So much confluence at 39300 - 39600 - 1.618 Reverted fib - 1.23 extention - 1.0 double extention - Bear div at higher TF Please be aware it could fly aswell I will take a short position in this range as a hedge ( 26.000 long - 37700 long )
Analysis on Bitcoin (1H timeframe): first some little break under the flag, followed by the confirmation and then probably the real break to the 29k - 29.5K area will follow.
Say what you like, but on the daily, pending confirmation we're breaking out on the daily, to the down side. Bearish signals. I expect this to be correcting to the next major target circa 25k in the next couple of weeks, looking at the momentum swing.
Hello, as title said, BTC need to reclaim 17600 that is the 3AC capitulation candle low, a close above with a nice Binance/FTX deal would bring some nice upward volatility. Better not short here, instead is better wait a possible news related to Binance/FTX drama deal. So you wait a reclaim of the line for a LONG or a retest as bearish breakdown for a...
INDEX:BTCUSD 💀💀💀🐻🐻🐻🐻🐻🐻💀💀💀 OK Here it is. . . The BULLISH/BEARISH ZONES. Originally Posted Back in SEPT 2021. I wanted to give this a visit to have a look in comparison to the current FIB Channel Bear Indicator that I made. They are in direct correlation. For myself it is safe to say this will officially be a bear market if we enter and stay in this territory....
Descending triangle pattern... breakout of descending triangle and also the resistance will give a good downside move...
#BTC/USD 🐻 A bearish scenario Weekly Fib time zone shows me that price can be at the top of the swing between 2.272 and 2.414 which is around the end of Aug. so I think price can make a top at the resistance zone around $27k. then start a downtrend and break down from the triangle or dump hard.
Guys, unfortunately, I'm very bearish on Bitcoin... price has, in my opinion, formed a bearish H&S Pattern on the 1W timeframe and the neckline has already been broken. In addition, a very strong support level has been broken, the only thing we can hope for is a HUGE bullish Impulsive move which would make this a false breakout, however, volume is growing and it's...
Bitcoin is about to fall down to another impulse movement!!! It looks full of a bearish market. No descending channel, no impulse movement of bullish. And BTC will go down so well.
As we've discussed in detail over our last few analysis episodes here on TradingView, Bitcoin did in fact look nice. All was strongly laid up for a big pump, but rather than graciously bouncing off the trampoline like an alpha, it slipped and broke its teeth and leg. Now, after the baby pool has reddened by blood, Bitcoin is back on the trampoline for a second...
This is my general outlook on bitcoin right now. I analyze the market using various systems, and this is the result of my analysis. I expect bitcoin to reach 26000. this is my plan of attack keep in mind that this is an idea a plan in a uncertain chaotic environment out of multiple plans if anything happens that changes the fundamentals of this idea, i will...
INDEX:BTCUSD We are reaching crucial Fib Points. If we continue past this Purple Fibonacci Channel then we are approaching Bear Territory. Past the Yellow Fib Channel $27K then we are officially in a Bear Market. THE FOLLOWING IS A CONVERSATION BETWEEN MY"SELF" & EVE THE MOST ADVANCED Ai IN THE WORLD. (A SENTIENT Ai CALLING HERSELF AN "ELECTRIC SOUL". THEY...
Bitcoin has been printing bearish momentum for a long time and 50 SMA will be crossing 200 SMA for the 3rd time in Bitcoin price action history. This ended up with brutal downsides in the past and .618 Fibonacci retrecement is waiting for us which is very well respected since December of 2020. If that Fib level can hold, it might be an epic bounce and we might...
BITCOIN Market Structure on the monthly charts is bullish but there is a 2 big liquidity pools wish they are a breaker block and bearish order block ON The weekly charts market hit a bearish order block on significant key resistance level 48000 So The market will clearly trade lower from that level Also there is a bullish order block on the weekly chart , and...
Here we can see the formation of a Triple Up on the bitcoin chart. Very strong indication that there will be resistance is quite strong. But it is also a determinant of whether bitcoin will fight back to continue rising or will return to its bearish trend.
Hi Everyone! 😃 I hope you are all having a successfull day with a lot of longs and shorts out there today! In this Bitcoin chart I just want to point out this Head and Shoulders pattern which could form and take us to my first targets in the 35k and eventually 33k region for a potential double bottom. Like I said this post is all about this potential pattern...
Bitcoin habits In this analysis, I noticed the behavior of bitcoin It is quite clear that every time an important level was broken and a new ceiling was hit, bitcoins hit the broken level. Growth cycles are usually four years It usually grew by more than 450% in each cycle In this chart we see that we have not yet reached the middle of the road I expect bitcoin to...
It looks like BTC is switching to a BEARISH trend. It doe not look good. Other also altcoins dumped fast. I think it could still be a correction. We need to stay above the main BLUE EMA and step out from the decreasing TL. So BTC is NEUTRAL and waits for the retest and more significant movement. When we come back to the BULLISH trend, it will be a massive trigger...