The previous analysis still stands in my opinion. It can return from the specified resistance range to the lower stability and we can correct the numbers announced in the previous analysis
BTC recently climbed back into our upwards channel on the 4h chart but still remains below the 200 EMA ($17,300). This is such an important level because it's acted as resistance since Dec 5th and is now coupled with horizontal resistance (red line) near the same level. This is a big week with a lot of numbers from the government (CPI, FOMC, etc.) so expect a lot...
BTCUSD daily guidance is neutral with a bullish bias. Recommended ratio: 52% BTC, 48% Cash. *Markets rallied on hopes for a lower US November CPI tomorrow morning and if it's lower than in October expect for a continued rally in Cryptos and US Equities; however, if it's higher then a sharp downturn is likely. The last FOMC rate hike of 2022 will be following...
In my opinion, we will have a slight drop to around 15600, which is clearly visible in the chart. Of course, this drop will be done in the 4 targets you see in the picture. Be successful and profitable!
Good day! Artem here with analysis update on Bitcoin at 1 hour TF. Here are my predictions for the price movement in the following week: Today, BTCUSD is most likely going to move in a sideways motion about $17000-17140. Expecting an upward breakout on Monday, December 11 with a conservative target near $17400–17500. Notice my stop loss on the chart. I consider...
Hi everyone, There has been many references to the weekly logarithmic regression of Bitcoin that claimed it never failed from the time of its creation by Satoshi Nakamoto. it has been promoted on social media for a long time by serious advocates such as PlanB or many others on twitter. But as you can see on the chart, in November of 2022 the logarithmic...
Hello, everyone! First of all I have an announcement for haters and trolls. You can laugh on me that I was sure that the Bitcoin price is not going to break $17080, but it did. I admit my mistake and understand that need to continue study Trading Chaos or any other approach if this does not work. My purpose in this blog is to show you my trader’s way. I think...
The 4h chart for BTC is still playing out perfectly. You can see it rejected on the 200 EMA (pink line) and recently rejected at the horizontal resistance of $17,167. I'm expecting Bitcoin to at LEAST retest the bottom of our upwards channel at $17,000 and possibly falling to $16,736 (with a dip lower to form a bullish divergence) then bounce to retest the...
strong buy signal on weekly divergence indicator price can go up in the next months
Bitcoin has consolidated above $17,000, which confirms our priority scenario. Growth to $18000-18800 looks most likely. A drop below $16,500 cancels this scenario.
After breaking the range of 18,360 to 17,650, the price is pulling back to this range, and it is also in a descending channel, now it is expected that the price will complete its pullback and then continue to fall, and the targets of 13,870 to 13,000 (orange box) and The next target is the range of $10,560 to $9,800 (green box) available
#BITCOIN (UPDATE) Clearly shown on the chart is bearish breakout from the trendline support and a pullback in play. When the pullback is complete, then another drop below $15,000 Not a financial advice🙅🏼♂️ Share your opinion in the comment section✍️ Please support this idea with a LIKE👍 if you find it useful🥳 Happy Trading💰🥳🤗
Looking at the Bitcoin 4h chart, we've mapped out some key level and a potential short setup. 📉 The first being the 17.3-17.4K resistance. If we work up to that area, it might be worth looking at some shorts.🔨 A move back down to 16.9K or lower in the near term would be ideal. If we do leg down beyond that, we might be in for a serious leg back below 16K, into...
the big falling wedge will bread soon toward the upside this is my opinion but not a financial advise
Here is the second part of my "There will be blood" chart (check it out below), which accurately forecasted the next redistribution event for BTC. It's becoming a familiar occurrence: an unmistakable ascending wedge pattern emerging with dominant supply expansion in the pullbacks presupposes more downward action to come, but perhaps not before a quick liquidity...
I position myself as a scalper in the forex market, but as many other traders, I'm interested in Bitcoin as the main tool in the crypto market. Therefore, I consider investing in Bitcoin only for a long-term period. By looking monthly chart we can see two clear break of strucures (BoS). So I'm looking for buys. The next step I draw my point of intrests (POI) which...
Price is behaving similarly to when Bitcoin was at $32,000, lots of bull traps then a huge drop to $20,000 I think we could soon see $10,000 for Bitcoin.
I cant predict or know how price will go but I have a strong feeling we wont be making any more highs now, this pump was the highest we will see bitcoin for a while. We could see another pump but I would short. I highly doubt we will break above the white semi circle as there is strong rejection from those levels. NFA, do what you believe at the end of the day.