Fundamentals of this coin appear solid and unique. Technicals, will depend on martkets in general. 1. Uptrend established, trades within pitchfork 2. TK-cross 3. Price above green cloud No one knows the future, except He.
An update on the BLX (BraveNewCoin Liquid Index for Bitcoin) on the 2W timeframe from last year's chart. You can find last year's analysis in the description below. In Bitcoin's short 12-year life span, it's had 3 halving events: 1st Halving: 11/28/12 2nd Halving: 7/9/16 3rd Halving: 5/11/20 What is a Bitcoin Halving? Every 210,000 blocks mined, or about...
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This is my analysis of the price of #bitcoin in the long term or how long this bull market is supposed to last. We can see that each bull cycle is slower than the previous one and since bitcoin follows the logarithmic curve perfectly, we can clearly see that each cycle has a profitability of approximately 1/2 of the previous cycle. With this logic I can estimate...
Just looking at Elliot Wave on BLX BNC:BLX BITSTAMP:BTCUSD
it's always usefull to compare fractals. we can see on this chart that we have a very high correlation between 2017 and 2020 prestart BullRun. The Story can repeat but have no reasons to repeat at the exact same time without strong Fundamentals and Catalysts. This chart is just made to show you where its possible to be right now, and the most important, where you...
We are currently in a bull market according to weekly and monthly chart. The price is above 20 & 200 weekly moving averages, above the trend line, above 10500 major horizontal support (head and shoulders neckline), above 10 000 USD psychological support. If bitcoin crash below 10 500 USD - i expect a quick long squeeze to 6500 USD - previous major support and 200...
Hello Traders, I think there is one more drop before the next run up. The line drawn has very strong support and big history. The drop should in the next two to three weeks. Always trade what you are willing to lose and trade responsibly, Also trade at your own risk. *Follow the trend until the trend is broken*
Hi everyone, Before trying to explain this analyse i need to advice that this one is for a medium/long term prediction. Also remember that Cryptos are pretty fast sometimes so this chart could not reflect the exact time of the movements. So wich indicators i used on Weekly Chart : - 300 EMA in Red Color - Fibo Retracement in White Color - Fibo Extension in...
Dont FOMO at these current price levels. Play safe, play for the long haul. Our last opportunity to buy below $4000 quite possibly. Anything below $4k is a great bargain. Good luck .
First of all, please support our work by smashing that like button or following! These really help us to reach more traders like you! We took profit for BTC in the past week and are now waiting for a re-entry around 8.8k. Despite the short to mid-term bearishness in our recent analysis, we remain bullish for the long run. As a result, buying the dips is...
First of all, please support our work by smashing that like button or following! These really help us to reach more traders like you! The RSI is currently at an interesting level. Historically, bullish trend remains when RSI stays above its MAs, and the trend turns to bearish when RSI falls below. Bullish turning point: RSI attempts at MA cross over from above...
This is what i am expeting for btc, with a final target of $250, crazy? yes Follow the idea for future reference. LERN
Drew this up the other day. Just gonna put it down so that I can keep track. So far it looks like we are ready to jump up out of the current +- 1 month triangle to test the top of the 4 year triangle. In case its not self-explanatory, I think the price will hit the purple zones.
Nothing to see here. Just pain of resistance buyers