How it may play out soon...still bullish...we are at 23.6% retracement from March 22 high and its VWAP ... I think this area will be resistance for 3-4 weeks before we pop again.
Indicator called 'Parabolic Glitter' is currently flashing green with BTCUSD recent move up Each flash green in the past has led to a big run Lets see how it goes
As of the moment WHALES does its job to induce and liquidate most of retail trader. Everything is engineered. I don't think Bitcoin will break 25k-26k zone at the moment so my over all bias still BEARISH, if so happen to break that zone it a clear change of character from downtrend to an uptrend, definitely change my bias too into BULLISH.
Hey traders Pretty impressive rally from the low teens to this level but where to now? We imagine 3 possible scenarios and in order to work together on this we highly encourage you to comment your opinion or additions you might have. Scenario one : White line - 5 wave move with the 4th move being at the last high - short term bearish Scenario two : Orange...
Greetings Investors, Traders and of course Beez! Today CryptoQueens have prepared an analysis regarding BTC after its recent pump. So without much talk, let's get to it! In particular if we watch closely the chart, we can observe that price has been moving inside the descending triangle in the Daily time frame for a long period of time. Eventually, price has...
Higher Timeframe break on 4hr, then markets makes obvious moves on downside, but leaving always order block on 15min timeframe. Looks pretty good if you trade since this posted yesterday. Thanks to all who follow this and trade it. If you like my Ideas follow for more, Like or comment or suggest it. Trade only base on your own decissions. This setup is...
Hello friends Today im going to show you a good reason for next Bullrun in Bitcoin. Pi cycle includes 2 Moving Average: One Long MA and One Short MA. when we devide this 2 MA the result equals PI number (around 3.15) The best Long MA is 471 DAY and the best Short MA is 150 DAY. I illustrate them in BLX chart and yo see the last 2 times that Pi cycle Bottom works...
Hello, everyone! It’s time to forget about my failures which I made last couple of weeks and think about new trade ideas. Of course it’s extremely dangerous to buy Bitcoin right now becuase it shows us some sign of weakness. We will use 4h time frame of BINANCE:BTCUSDT chart to count the waves inside the current cycle. The Awesome Oscillator is our main tool...
The increasing volume is a clear indication that buyers are stepping in and pushing the asset up. And it's not just any buyers, it's miners! The Hash Ribbons indicator is flashing a buy signal, which has been a historical indication of miner capitulation and big bull runs in the past. This is a rare and powerful signal, one that we haven't seen in a while. The...
Gain-erasing retracements are in the books for BTC, ETH and a host of other altcoins in the form of rising wedges, which act in this case as a type of crooked top. Be sure to take caution in the next few days if you are long in the market. FOMC announcements are expected on Jan 31 which may torpedo the markets based upon the outcome of the meeting. This would...
Hi Traders, Investors and Speculators of the Chart 📈📉 ❗ UNPOPULAR OPINION ❗ I discovered a fractal on BTCUSD during 2014 - 2015 that resembles VERY closely what we are currently seeing on BTCUSDT. What followed was a multi-month bear market for BTCUSD. A peak, with a lower high followed by a selling climax and an automatic rally. Could BTCUSDT repeat this...
In this post, I'll be providing an explanation on market cycles referring to specific time periods and fibonacci support and resistance for key lows and highs. This post is not financial advice. This is for educational and entertainment purposes only. This post was inspired by @CryptoCon_ on twitter. Time Periods Explained - The chart may appear extremely...
Been mentioning this for a few days now. -BTC 23.6 percent retracement from ATH leads us to 28K -BTC VWAP from ATH near 28K This is a short-term PT. Longer term, I am very bullish on bitcoin.
Bitcoin is sitting at the 23.6% Fibonacci Retracement level. It has cracked the 50-day moving average. Volume is rising and on-chain metrics are supportive. Next target is about $25,000
I see slowdown moves, ranging or flat. IM expecting price 23019$ to complete the resistance volume. If price has momentum on upside, I dont think can go higher. Lets wait price to goes back to 20600 or lower. Its good to short as long as you put SL on Previous High. Thank you for the new followers here Trade base on your own decissions. IF you like my ideas...
Prepare for smooth rise to 25,200 mark as we observe from historical pattern same similarities.
Hello friends, today I am posting the important Support and Resistance trend lines for Bitcoin (BTC). These are the lines that I keep a close eye on and though there may be more, these are the important ones I focus on. One thing to keep an eye on with Support and Resistance lines is how many times in the past has the price came into that area. The chart has no...