200 ma bounce + Descending Wedge + Rsi Prime+ Macd coiling. I'm long and bullish but not a financial adviser, nor giving advice.
I have been waiting for this and it looks probable that we will retest the 200ma on the daily. This is will either be a good entry for a long or a dead cat bounce further down. I cannot speculate further at this point... This is not financial advice.
No, it's not a cryptocurrency poised to double in price, it's just the price of CORN (yes, the one we eat). You can make Fajitas and Tacos with it🌮, use it as a topping on your pizza or omelets or eat it on the cob 🌽, you can even go ''pop'' in the cinema🍿 Over resistance, tested it as support and not gonna stop until it hits 900 this year. the FXPROFESSOR...
Hrmmm. Think we go up but more likely we range for a while. That's a big call. LOL.
Well to say the least we are still Bullish IMO. I see a bit of a bull flag forming and thus identified the measured move as well as lower support. Even though I have bear target I am bullish for the moment. This is not financial advice.
If Bitcorn can use that channel for support its off to the races - 66k The Rise of Alt Coins
I'm honestly just not feeling this rally yet. I don't even want a breakout right now. I would prefer we reset all technicals at $42k before we make the next move up. To be clear about the green and red bubbles, those are in reference to the key of Bitcoin: DCA (dollar cost averaging) Red means wait to DCA later. Green means stack sats. SO.... HODL on comrades,...
I'm seriously not feeling this breakout. Looking for rejection at any of the lines on this chart, or a H&S reversal. I'm as bullish as they come about Bitcoin, I'm just expecting a 42k rebound before getting our faces melted off again. If you think this bull run is over, look at the BLX weekly chart and zoom WAYY out to see all time prices. This cycle is far from...
S Curve bitcoin adoption. Demand doesn't have to grow anymore for price to continue exponential growth. Supply is diminishing at current demand. It's not unlikely that 2017 was a stunted cycle in the early phase of an S curve adoption cycle of this nascent technology. In this chart I am predicting a roughly $100 Trillion market cap by 2030. I believe with...
Just pumping out charts looking for something new, trying to provide long term and short term outlooks.
Strictly price action indicators. Bitcoin is in the midst of a full on bull cycle. Don't short BTC. Expect a more than likely touch of the 21 EMA, and a possible touch of the 50 EMA. Don't expect anything below $42k unless you are expecting a big correction. I don't think it needs one here. The most bullish outlook has Bitcoin retesting that upper trend line...
Don't look at me, talk to the chart, bro. The chart says what the chart says. I used fibonacci extensions to create this unquestionable chart.
BTC just nailed my last target down around $37.6k ! Please give that chart a like if you can. Now if we hold here and continue to bring the bulls back we will ride the trendline of the triangle back up into the red area. In the upper part of the triangle things could get wild and shook up. This is typically a bearish pattern but I am not predicting what will...
I expected this triangle to break down, if for no other reason to tease and tickle the 200ma. $28k is my lower target if we break down and upper target $40k for 200 ma bounce.
This BTC DOMINANCE weekly chart looks incredibly bullish to me -indicating this ALT boom we're seeing today could be short lived. WATCH YOUR BAGS!
The DXY appears to be picking up some steam indicating BITCOIN could be looking at a move to the downside in the near future. You might be thinking, “wait”.. How is the dollar pumping after the FED increased the MONEY SUPPLY by over 30% in the last 12 months?”. I asked the same questions, did a little digging -and the reasons I found are pretty interesting and...
The BEARS are hanging around looking for snacks. Don't become a snack. I have buy orders inside the RISING WEDGE pattern, with a planned escape if the bounce doesn't clear the 21 DEMA -and would also confirm the potential for further SIGNIFICANT DOWNSIDE. BULLISH CASE: This could end up becoming a "W" pattern, short term reversal -long term CONTINUATION....
I think the least likely scenario is to go back up, but it's possible so I have addressed that target. I think heading down to the $25k level would make logical sense if we see continued pressure downward. The odd ball scenario is the sideways shuffle, following the volume profile into a consolidation range. Proper stop loss and risk assessment encouraged. This is...