We could get a small move up soon here then we get potential 15min LH for a breakdown to 61'ish then low-mid 59's which hopefully holds or watch out here come bears in full force downside for a potential quick flash dump style move to low-mid 50k's OR we get more range and set 15min HLs for a another 4hr HL -- 15min,1hr bottomed for the most part, 2hr has room to...
In this chart, we take a look at a second Bitcoin Fib-Time Cycles concept (2/5). Refer to the original idea for concept #1 linked below. This Concept #2 is an alternative 8-step cycle phase to my original concept. This zooms out further and takes Bitcoin from a greater 2-phase cycle perspective. This concept is for the long-term investor who aims to track major...
Below you will find the history of forecasts, as well as the current wave scenario on the weekly and daily timeframes. INDEX:BTCUSD ,🕐TF: 1W 📆October 15, 2022 INDEX:BTCUSD ,🕐TF: 1W 📆December 21, 2023 BINANCE:BTCUSD ,🕐TF: 1D 📆November 9, 2022 BINANCE:BTCUSD ,🕐TF: 1D 📆August 21, 2023 BINANCE:BTCUSD ,🕐TF: 1D 📆December 21, 2023 ...
Used the bar tool to copy historical price action on the BTC INDEX. Drew out Order Blocks to give future anchor points. Circles line up. Have some fun and push play.
I did a series of similar posts on SPX predicting its paths, and they have played out beautifully. Let's see what BTC is up to. We must look at a lot of things when guessing the direction of any asset, like looking at DXY, yields and traditional markets, but in this post, I will ignore all that, look at BTC purely based on its market structure. On larger...
Those that know me from other platforms will know of my love of Fib Circles and the effect that does seem to play out And here we are, once again, a "Local fib Circle" set in action once again The major events are usualy on 618 circles and in this chart we can see 1.618 rejected firmly, I expect 2.618 to be similar, 3.618 usualy has a reaction earlier and so...
As you can see from this long term chart on Bitcoin, it has the vast majority of its life ABOVE the 200 EMA ( Yellow) In the week of 13th June 2022, the unthinkable happened and PA dropped below it and many believed that was it, BTC was Dead For the last few Weeks, PA has been banging up against it and This week, PA has fully broken above. On the USDT chart, PA...
The best position to put a short position is at $21K (yellow area) above. If only bitcoin rises first take advantage of the weakening momentum while the US Dollar ( $DXY) Only bitcoin has been moving in a small range for a few months, very bad for futures traders. No candle break for open potitions.
Due to a similar formation that has already occurred twice, I predict a breakout from the channel and further drops, maybe to the retracement of 13850, where there is a demand and a fibo retracement. Even stronger support levels are on the retracement of 10850 and on retracements lower than 9000 (also fibo levels). This construction is based on a channel, a false...
Hi everyone, After the big move that happened this week, the crypto market has been quiet for 2 days, which means that it is accumulating so when it breaks a level of resistance or support, it will witness some big moves. I still think that we are going to the 21750 level, as I said in my last post yesterday, so we are bearish in the short-term. If we do so,...
Hey guys. In this study I compare the dominance of the dollar in the crypto market, against the price of Bitcoin. The dominance of the dollar in stable coins represents the percentage of capital in this asset in relation to the cryptocurrency market as a whole. When this percentage rises, it means that people are more positioned in dollars. On the contrary, when...
On the intraday chart we have an ascending wedge, which is a bearish pattern. I believe it doesn't break the $50,000 right away, which is a psychological resistance. Expecting a dip in the Fibonacci region for a more consistent rise.
Hello traders. Lately I've been doing my technical analysis alone, due to lack of time to clearly write ideas. But this time I managed to share. I hope it helps. Any suggestion or idea, just say the word. Some things I say very briefly to save space. Here I will analyze some aspects that I think relevant. 1. Stochastic On the weekly chart, looking at the...
Bitcoin is now in a big channel for nearly 9 years and price is in a Rectangle and in the 4th wave if bitcoin create pivot in its low and pumps to 69k and break it there will big possibility that after a pump to 80k or maybe 90k or 100k but I don't think its gonna reach it because big guys sell their coins before price reaches the resistance and it can dump's very...
Hi. Looking at some on-chain data on several blockchains, we have an unusual movement. Price Drawdown from ATH The percent drawdown of the asset's price from the previous all-time high. When the value is equal to zero, we have no drawdown. When it is less than zero we have a drawdown multiplied by 100 (percentage). When the indicator hits the top several...
Hi. Hope you all are well. Price analysis Considering the Arnaud Legoux averages, I can see the strength of the trend within the price chart itself. What we have? The average of 32 (green) has crossed below the average of 64 (blue), and there is now an expansion in width between these two averages. And the average of 128 (white) started to slant down. This...
Hello. Another analysis of Bitcoin follows, this time using geometric graphical patterns and three blockchain indicators. Price analysis Over the longer term, we can see that we are below a bullish yellow channel. This has been happening since December/2018. Since then, the price has tried to break through 2 times. If we continue with the current trend (which...
Bitcoin is testing support, it's either R4 OR P erea for the next few months.