I found a fractal on the BTC chart that shows that when there is an uptrend leading to November, there is a strong continuation. This gives me reason to believe that we will see a trend continuation in November 2021 and possibly all the way to the cycle top. Data from 2010: averages tell us what the cycle top might be (See Next Idea - 🚀Bitcoin Cycle Top Fractal...
Hello!😊, its me the Gorilla Trader again🦍...welcome to Makaveli & The Bitcoin Bulls Technical Analysis. It's easy to make money in a bull market right, but what happens when things starts to slow down? You start experiencing choppy moves, and this moves can get you easily frustrated with trading, considering how volatile the crypto market can get at times. Change...
"Money has in fact been reaching Americans’ wallets since March 14, but the latest reports suggest that many will need to wait until at least Wednesday for their allocation." "$60K meets the selling expectations of Whales" Well not far fetched why the latest changes in BTC movement. Retailers rushed in, Whales doing business as usual . Though other whales...
Possible Indicators / Patterns / Observations 1. BTC stayed close or below its $5.675 stock-to-flow target 2. There were 3 up and 2 down trend week groups to reach that target 3. dropping below the weekly Bollinger upper band seems to signal a downward retracement 4. downward retracement to Bollinger baseline possible 5. drawing the $19.6 ATH target give a great...
I have a definite short bias at this point, right back down to the weekly ema 12 around 22,000 - 23,000 would be lovely but lets see. Hopefully a short will setup, maybe the break and retest of that long trendline that it's kept above since 30th Dec and retested on the latest dip.
BTC Break down of the triangle. Soon A good opportunity to enter. BTC downward movement towards 8.1K Euro ÷ 7.6k Euro. An adjustment that breaks down the horizontal movement that had lasted for days. The market will prepare for the next rebound. Wait for confirmation of the next supports at lower levels to enter BUY (8.1K Euro ÷ 7.6k Euro). The rebounding...
In my analysis, the downward trend continues. The second triangle in yellow is the most recent. If we are lucky in case of descent from the current value we can choose to enter. To buy (To enter, wait for the dynamic support to be checked) - Il valore minimo di rimbalzo (per acquistare) è di 8389 Euro +/- If we have successfully entered, then we can wait for...
BTCEUR, Trend Analysis, Point of Change of the CoinbasePro Trend This evaluation comes from the study of the trend in shorter timeframes and included in the macro trend channel. Soon there is an interesting point where you can probably see a trend change given the current horizontal movement that is constantly above the SMMA and the top of the Bollinger bands....