Short Term: Dead Cat Bounce Long Term: Bearish Correction Opinion: BTC will be back in the 30s in a few weeks Bulls will get excited as they already have over a dead cat bounce Once structure is established price will push down When we go back into the 30s the bulls will finally give up Be patient bears
Analysis: - Support & Resistance - Trend Line Analysis - Liquidity Points T1: Target 1 T2: Target 2 Opinion: I was going to wait to post until the new year but price has enticed me to make my view known! I believe December is going to end as a red month and the beginning of 2024 is going to be rough... We may or may not get a retest to previous swing high...
The BTC wedge has continued as shared from my previous analysis. However I noticed something on the RSI. This should be interesting if this bounces back. And if it does, I think that we can confirm the direction once another leg of the daily stochastic RSI is formed. the conditions will be this. IF the RSI creates a higher HIGH, then we are going up and if it...
If you love the spot-on analysis done so far, please boost, share, comment, and follow for more. Do we have room to retest ATH for 12.13.2022? Yes. This is why in the chart, this short move is labeled as TEMP. As predicted in the previous analysis, after we broke the $17,500 level, we broke free to $18k like a wild bird discovering flight for the first time. Now...
INDEX:BTCUSD 💀💀💀🐻🐻🐻🐻🐻🐻💀💀💀 OK Here it is. . . The BULLISH/BEARISH ZONES. Originally Posted Back in SEPT 2021. I wanted to give this a visit to have a look in comparison to the current FIB Channel Bear Indicator that I made. They are in direct correlation. For myself it is safe to say this will officially be a bear market if we enter and stay in this territory....
Using Fib extensions to know how long the bottom can go. Seems like if we hit the golden ration 1.618, $4K will be deepest cut!
BTC looks like it's following a similar path to the beginning of the bear market in April 2021. Question is will we stop at $19,000 or $9,000?
Bearish on BTC. There has been a pump on BTC from 38k, this could be a fake breakout. RSI is currently oversold on the 4 hour chart. Furthermore, the upper Bollinger Band has been broken, which could indicate a trend downwards. Setup: Entry: 45000 Target 39000 Not financial advice.
very bearish overall, i mean in some ways i feel this can be the end for btc as we are seeing obvious issues in the indicators. I believe only on indicators and ever since i started charting I'm the type of person who thinks future can be predicted. these evidence can be thrown away once we see btc trading above 69 during December. highly unlikely but who am i to...
if you remember my previous idea ( you can check it down below in related ideas ) , i said i expect fast recovery from 30k to 56k and then some correction , it was 0.7 fib level , even though it reached 53k , it wasnt fast enough and i think maybe the plan is diffrent for whales , we are on support and i expect some price increase but as you can see in my chart i...
Dead cross for ema, is this going to be a bear market. possible go back to 42000-44000 If the support strong enough, we can see a huge big pump from here. But becareful, we still need to reconfirm again when the price reach 42000-44000. depend on the news and twitter from elon musk too? this is not kidding. we do need to see their twit before make the next decision
macd signal is bending which will lead to small dip . it can be a false signal too . stoploss 50.8k target bottom support if you like this give me a like
Bitcoin seems to be making a bearish flag. We don´t see any volume so that we could think it's a bull flag. Right now I am using this volatility to sell at the resistance and buy at the support... BTC is acting really technically these days. Right now we could see a break up to 42k. But remember we need a confirmation of the trend! Otherwise, we could see BTC...
I am still bearish , Although we might go up but unless the trend and resistance area have a complete breakout, we might see a down movement anytime....
Hi All, A lot of reasons to long this, as given by my commentary. Cheers, S.SAri
BTC will follow radius Speed resistance Arc as it does, do a resistance bounce, slam into the trend below and then make a new wave upward with bullish momentum :) As long as it doesn't fall through projection, it should be a nice rise to the 100k that everyone desires. New Arc on right can vary in size. Major trends included. Chart closeups. Speed Resistance...
vertical line shows upcoming bear/bull battle for dominancy. Speed resistance arc and vertical fib shows this. This technique was also used to show the last bear fall to the minute. bull or bear guys?? and over what time frame?
potential dump zones. best to be mindful and sell before zones carrying buyin after retrace or fibs. btc may buy up, however these are zones to be VERY mindful of. TEXT on chart. Also used daily analysis to find resistance at points shown. P.S. I take donations if anyone is willing.