Technical Analysis Hey guys! Sup? Hope U are doing fine, so let's talk about our favorite bitcoin. So we saw really choppy moment in bitcoin past week and a failed attempt to cross $6600 Level. It got rejected 3 times and breaking down. So let's come to the chart. The Black Line on the chart represents the mean line and hopefully the bottom of the bitcoin will...
If history Repeats and Weekly closed below 5800 we could see a breach to 5000 level then another test to 6000 then the final doom to 3000 area 2014 1D View First dropped 64% then broke down from triangle about 60% 2018 1D View First dropped 66% if broke and idea is valid we could reach around 2600-3000 area for monthly view 50 Likes to get updated if idea is...
Technical Analysis Hey Guys what up! Sorry i wan't available for long but now i'm back and lets talk about our favorite Bitcoin. Lot's of news we saw ETF got rejected, Starbucks and many more. So let's start with the bull run we saw a week ago we bounce from $5700 To $8500 very good run but we got rejected again at heavy 61.8% Fib...
It was looking so good for a bull run (it still is BTW) and then out of the blue on a Saturday the market has an immediate unpredictable crash. You could panic sell but in all likelihood this is a market manipulation caused so that you do exactly that. Indicators are still in place the an exponential rise so dont make the mistake of selling the dip. Rothschild...
Bitcoin Halving : New bitcoins are issued by the Bitcoin network every 10 minutes. For the first four years of Bitcoin's existence, the amount of new bitcoins issued every 10 minutes was 50. Every four years, this number is cut in half. The day the reward halves is called a "halving". In 2012, the amount of new bitcoins issued every 10 minutes dropped from 50...
There are three bounce zones of BTCUSD if it doesn't hold 6000 USD. 1)5400-5600 2)4900-5000(in confluence with 0.786 FIB) 3)3000
Technical Analysis Hey guys whats up? Let's talk about bitcoin looking bullish? iH&S? will rally go up? let's look it in brief. Last week we saw a little rally which took us too $6700 and we are falling ever since. What I think is we following an zig-zag 5-3-5 correction. Which contain 2 set of impulse(down) and a set of abc(up). We saw the first set of 5...
Bull div obvious... at bottom... over-sold like crazy... we're ready for a rally
Technical Analysis Hey guys whats up sorry I didn't showed up for long. Now lets talk about bitcoin. Looking bullish and sideways since some days. But is the bottom ? I don't think so bottom hasn't come yet. i think its forming another bear flag and then the correction will complete. The whole correction is WXY Correction or it can also be WXYZ Correction it...
Technical Analysis Hey Guys! Whats up now lets talk about bitcoin pretty bullish in this week. And forming a beautiful upward pointing triangle(Bearish Pattern). Elliot wave perspective it was under 3-3-5 Correction. It's a flat type of correction in which the two waves are ABC(Impulse Wave Blue), ABC(Correction Red) followed by ABCDE(Impulse Waves Blue). Now...
Are we gonna break the redline? And break the downtrend?
Back to (Red Channel) the longer term channel RED Channel is seriously amazing one First cycle before first halving in 2012 to second halving in 2016 it was touched 9 times everyone was a reversal point Second cycle from Halving 2016 till now it touched the trend channel 8 times while middle one 9 times buying zone around 3000-5000 in purple boxes Not...
Buying zone in the red area best buy opportunity for the next 4 years is coming buying zone around 3000-5000 area time around from now to 2 weeks Not trading idea at all just anticipation and comparing fractals of 2014 here is your trading channel in red channel for next 2 years parabolic rise will occur after halving 6/2020
Intriduction What ? U sold Bitcoin ? Cause if u did u might sold the bottom. How ? Price is inside a big triangle and confirms the upcoming bull trend which will take us too $1Mil Not kidding lol First Target near $32,000. I can also be wrong but probably not in case it breaks downwards we might $3k which will be the opportunity to go All In. To go all the way...
There's so much news telling us that BTC is about to take off and you should buy. Remove the label and analyze your chart. BTCusd- chart indicates a bearish sentiment. As bullish as all altcoins appear to be at the moment, everything will change if BTC takes a swan drive. And the pattern and supporting price action indicated lower lows are likely. There is strong...
I'm neither bullish nor bearish I'm prepared for whats coming.
South Korea country will be easing the tight hold on crypto trading currently in the country. This could be the case in more countries soon which should help bring more investors in the space. We finally have some bullish action today with a bullish engolfing on the daily chart. Of course we still need to wait for the close to consider this candle but it looks...