Bitcoin shows correlation with descending wedges. - Bitcoin usually has a huge move upward after this pattern is confirmed - RSI shows bullish div - RSI drops below middle channel signaling a bottom Nothing more. Charts are boring today. Price keeps dipping... "worst case scenario" coming shortly Good Luck, - Mr. Bitcoin Baron
BTC looking pretty bullish right now. If fractal patter completes itself, we have at least +20% upside potential. Almost a month left before it happens. Similar bullish divergences emerged on RSI too. Price might test trendline again before breakout. So, buy signal should be after MA200 its crossed.
Pay attention to the chart pattern and the oscillators. When the stochastic, RSI and Money Flow Index, all reach their lows, it typically indicates a pump for Bitcoin. And when this occurs on the daily, it usually means a pump that lasts for many days (even a couple of weeks). Given the chart pattern (an ascending triangle), the target is $100K but... don't let...
Bitcoin Update 08/11/21: BTC is Breaking Out, Road to $74k is clear from here, we are currently 12% gain away from the $74k target at the 127.20% fibs. Please see previous analysis below. Happy Trading :) Bitcoin Update 19/10/21: Bitcoin is currently 0.82% away from the previous ATH set in May, our next price target is at the 127.20% fibs @ $74k. Please see...
As discussed at length a couple of months ago, we've been keeping a close eye on the internal strength relationship between Marathon Digital Holdings (an American Bitcoin mining company) and the Bitcoin spot price. As we can see, the soon four year long reversed head and shoulders pattern has now gotten a technical breakout. As long as this DOESN'T turn into a...
Hi all, nice to see all again from several months. Here is the recap from last time prediction: - BTC made top if the next Monthly cadle is black. - The bottom is around 30,000 for the correction. You can find all the views here Another bottom calling around 41,000 And now the next move: - Last month's candle close above 61,000 which is enough to well...
In this scenario, we have considered the XABCD scenario of BTC and the pitch forking the possible bullish trend in 4H timeframe. In our last analysis which was 100% accurate to predict the recent corrections on BTC price, we already predicted the current movement. Our analysis also benefits from in-chain data analysis using IntotheBlock.com data, therefore it's...
It is possible for Bitcoin to experience a pullback at this point. But I don't think this pullback will end the bull season. Price Pullback will be up to a certain point. If the price cannot hold well in the 37-38 thousand range, it would be logical for me to think that the bull season is over anyway. Once the price reaches the 58-59k band from this point, it...
In previous analyzes, we found this bitcoin movement channel It went as expected The strong uptrend scenario remains I'm a little worried if the price goes below $ 40,000 I think wait for the purchase now We will return to $ 42,000 again See my older analysis
I our last post we noted that $BTC looked a bit top heavy... Well as we know BTC often does the opposite of what the majority thinks. If we look at the technicals 50k is a pretty heavy R (resistance). Flip this level and we'll see $60k+ prices and possibly a new ATH fairly quick.
After breaking the 50,000 resistance, it is moving fast towards its first target, which is the price of 52,800. It is better to enter the buy trade after closing the price above 50,000 in a one-hour time frame. Dear Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad
Bitcoin’s run thus far has been wild. The future will only get wilder. Most Elliotticians predict that we are in a primary Wave 5 currently however, my big macro count differs at bit. Firstly, let it be known that Wave 3 isn’t mandated to end at the 1.618 level. I’ve made the mistake in assuming this too many times; all bad. Therefore it’s important to actually...
Bullish signals in the small sell-off. Volume decreasing. Sideways consolidation indicates positive trend continuation.
Bitcoin is at the crossroads as to whether it's bullish or bearish. In this short analysis we'll explain how and, more importantly WHEN, you we determine which of the two it is. By being able to identify the technical direction at the earliest safest point, we'll either be given the gracious opportunity of stepping away from the fast-approaching freight train, or...
I hope this help you for analysist, this is my idea for btc. thank you
Potential buy setting up on BItcoin. This coin has been bullish the last few days. I don't see that changing anytime soon. I am still Bullish on bitcoin until the trend flips on the 15M. If you were to draw a fib on Bitcoin you will see we have a rejection to the upside off of the 38.2 level. Creating a Bullish Flag formation First TP for the buy will be at the...
Yesterday bitcoin retested the 200D ema which is a very bullish sign. But it didnt stop there, bitcoin pushed through and had it's first close above the previous range. For us these are clearly very bullish signals and we are pretty positive for the upcoming months.
Bitcoin is consolidating in the 39k-41k range, forming what appears to be a diamond pattern. As the move into the diamond was up, it is more likely that price will break up from the diamond (of course, that doesn't mean a break down from the diamond isn't possible, just less likely). If price does break up from the diamond, then the technical target from that...