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Another leg down incoming. Prepare yourself.
BTC is following the exact Fibonacci pattern of the previous Lower High on 1W. Assuming that 5,879.30 was the bottom of this leg, the price should now extend to the 0.618 retracement level since July's 8,500.2 Top which is 7,469.70 (before dropping to 5,800 again). With the current 1D consolidation (ADX = 44.824, CCI = 21.5859, Highs/Lows = 0.0000), the Head and...
Ignorant will wait for $100 Bitcoin We will buy it up now and wait for economy transformation, which is already taking place behind the scenes as I'm writing this Enjoy this trade advice my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
Bitcoin has to stay above monthly EMA and folow the trend line. Let's hope 6000-6500 stays the base.
As you can see the price has respected both support and resistance lines in the past, we will be keeping a close eye on this trade as it could provide a big pip count. Entry, TP and SL will be provided for our clients once the trade becomes valid. If you are interested in joining us then message us.
If bitcoin cannot break resistance at $6,800 and trigger a short squeeze, the price could test lower lows of around $5,426 USD in the coming weeks. This is a worst case scenario in my opinion. It could take some major news, such as the CBOE Bitcoin ETF being approved by the SEC to set off any earlier bull run.
Hi guys, as I expected and predicted in my previous analysis, BTC tested 5800-5900 levels and bounced nicely back up. There are many saying that it will break that and go further down. I generally like to go against the mainstream news and speculation. I believe BTC is waiting to suddenly shock the majority and make an upward move. It depends if we can close for...
BTCUSD : Several rising wedges. Expanding Elliott Waves Triangle ABCDE. Stochastic RSI - overbought. Alligator looks bullish at 1-2-3-4H(timeframes), but at 1D - bearish.
Resistance and trend line are about to cross. Key moment for btc, closing prices will reveal the future of trend. Market will likely move sideways because of indecision, only manipulation will lower or higher the price. Right now short push is possible but with low demand not likely.
BTCUSD is forming the bearish pennant, by Fibonacci-lvls main target 127,20 %. Can reach the active zone than - downward, or go down at once in the small flag (show below).
"At around 00:00 (GMT), our satellites detected a breakout attempt by the bulls approaching the previous high. But the path was filled with heavy turbulence and the breakout had to aborted. During this process, all our engines failed and now we are in a state of free fall. It was a pleasure serving with you, Ladies and Gentlemen. Godspeed." - Last remaining Bull...
btc 1h ascending triangle forming?
As you can see in the chart preview that I have for this idea, my R/R is showing a jump all the way up back into the $7k's from where we are. I'll explain why below: From the picture above, you can see that the bulls have once again defended this critical support zone and the price is now being sent in the opposite direction. Now, even though $6.5k has...
Everything depens on btc holding the trend line and bouncing off. Otherwise it will go down, right now most likely we will go down. There is a lott of sell pressure.
Keeping my tin foil horns on, full bull