We have strong key support at mother of all moving averages ( calculated average of multiple emas) and closer to Mid range as mapped on chart its near 28300 and minor support at 29k area on the LTF . however the htf as 2d, 3d chart is still not showing any bearish confirmation but early signals of exhaustion.. in case of breakout to either direction we might...
Well I would love to see price gyrate higher to collect liquidity ( buystops) that is to the 30k region and am okay Guys Ur comments and like would be appreciated Also don't forget to follow
Hello, The Bitcoin price chart shows the past and future support and resistance levels that can affect the market sentiment and the price movement. Support levels are areas where the price tends to bounce back from a downward trend, while resistance levels are areas where the price tends to reverse from an upward trend. The chart also shows the supply and demand...
I have inverted the TERRA LUNA chart and comparing it to the BTC LONGS on Bitfinex This is interesting. The longs are still underwater from the 39k-24k mark. With all the price action the BTCLONGS has not even budged. Luna drop, massive longs taken. Price drops to the 2x liquidation level (20k) All the sudden MORE LONGS were taken when CELCIUS had to halt...
Dear community and my lovely followers, this analysis covers my previous one analysis about Gaussian channel and 1-7 step price action in 2015 and 2021-2022 bear markets. So if you read this one, don't miss the previous one as well. They are highly correlated. Pay attention that the same 1-7 price action movement happened bellow weekly super Guppy indicator. In...
If a nice jump is expected, expect a leg down. This would create hidden bullish divergence on the RSI of the RSI along with the RSI itself. Mega bullish. Also flushes out the longs. THEN we go up.
btc lossing support in daily tf ,in worst case scnerio btc may test lower line of wedge for longs still have same view btc bulls needs to break descending broadening wedge no matter what we say btc still in downtrend until its breaks wedge to the upside
Simple lines again. Bitcoins holding on for dear life.
40% moves are very common for bitcoin. Buckle up. Last year I called a pretty big move with a simple line lets see what we have now.
BITCOIN | Short Term Trading Scenario - Price Is Still Bullish After the yesterday's sell-off on the market, we saw the same movement also on the crypto market. So as long as it is nothing strange with Cryptos all is fine for us. BTC looks very strong again and it should rise from the strong support area near 18K. The price reaction it is still very...
Hello crypto community and my subscribers, please if you like ideas do not forget to support it with your like and comment, thank you so much Now I'm waiting for this scenario. I really hope this will be useful for you. Be ready and take care your money. Have a great profit ! 📅 02.08.22 📌
I'm looking at daily timeframe. Although BTC and stock market weekly closed bullish, but BTC was rejected at 24.24.5K very strong and Stock market both S&P and NZD were closed at resistance levels. At the moment I'm waiting for stock market to open then make a decision. If stock market rejected it will drug BTC to 22.-22.5K level, which will be bullish retest of...
I'm looking at monthly timeframe. As I told you earlier BTC has already bottomed based on history data. I'm very confident about it and this analysis proves my previous posts which shows BTC bottomed at 17.5K on 18.06.2022. You can find my other analyses about BTC bottom bellow this one. So in every bear market bottom these 3 things happens simultaneously, only 3...
As I mentioned in my previous analysis I was bullish in BTC since 17.5K and opened a very aggressive long at 19.2K /x25/ and closed at 24.3K. I'm looking at daily timeframe and looking for a good opportunity for re-entry. I expect pullback to 21.7-22.2K previous support zone and then bounce to 25.3K which is 0.61 fib level and horizontal rectangle target, then...
I'm looking at daily timeframe, BTC has broken daily 34 EMA, and now it is fighting against horizontal resistance at 22.3-22.6K. if BTC succeeds to break it then pink and green scenarios will play out. More likely they will. Of course after breaking the mentioned resistance everybody will open long and wait for 28K, but we' it reaches to 24-25K/ a horizontal...
I'm looking at monthly timeframe. As I posted earlier in my previous Analysis BTC has already bottomed at 17.5K on 18.06.2022: I will bring another prove and show you that BTC bottomed definitely. In every bear market, when these 3 things happens simultaneously it marks the bottom. Check my other analyses about BTC bottom attached bellow. Don't forget to like and...
I'm looking at monthly timeframe. Every time when BTC touched the upper band of the channel it toped and every time when it touched the lower band of the channel it bottomed or pumped very hard. Pay attention every time when BTC topped or touched the upper band of the channel RSI> 90 and every time when BTC touched the lower band of the channel or bottomed RSI<50....