Ok so obviously we see a big spike in BTC with Tesla buying 1.5bn of BTC, with no further news we are back in Technical analysis. Our new Resistance is around 48k, If btc continue falling I expect to fall around 40k if no new news is present. Good luck
Based on Elliot's waves and time-patterns, I consider that bitcoin is going to 30k soon. We openend buy at 26150, SL: 24500, TPS: 27K, 29.5K
Hi my friends, Welcome to this analysis where we are looking at Bitcoins 1-hour timeframe perspective, as already mentioned previously Bitcoin has already completed this major head-shoulder-formation with the ongoing conclusions and as I detected now Bitcoin has the possibility to form an other major formation here which will similar outcomes when completed,...
We are headed for the golden pocket it seems but this top trendline of the descending channel could provide resistance for a bit first.
we dip, i buy. not much magic to it. here's a level, though, i'm really interested in. ofc this might tank further down to 8k, but perfect entries like that are rarely ever given. we've made it through a devastating bear market, with vicious dips and crazy pumps .. the weak hands aren't in the majority at this point. there's not many left to shake out. holders...
It is fascinating that price action will follow a bunch of concentric circles. first support at $9400. Possible bounce of the 21 weekly ema at $8700. Projected bottom at 8k. Bottom can be lower, and resumption of uptrend can be earlier, it all depends on what price action does. For the moment the microtrend has changed downward. Must watch to see if the...
Hello guys thank your for your time joining my inspect , here is my idea after breaking triangle we have a nice pump and BTC broke trend of rectangular and we are going for 9400$ BTC needs no rest now till 9400$ maybe no rest till 10300$ ? share your idea please press the like button thank you all for your time
Bitcoin in a region of accumulation and very important supports! with OBV almost breaking resistance makes the signal clearer for new high end
The published chart shows the WaveScale indicator confirming an uptrend cheers please comment so we can engage in discussion
Trend is our friend . Above all MA in weekly and we going to see 16K by October? innit. Happy trading or just wait and see! :)
Frequently when looking at setups, charts, patterns, vertical and horizontal lines we forget to KEEP IT SIMPLE. Here we only look at the 50 period SMA, that's all. It's a very good predictor of how prices will move but is often overlooked. Price has clearly fallen below it BUT look at the action....it's very similar to what happened in February and twice in...
Just my take on storage of value. The differences are interesting. It looks like we are more of Silver than of GOLD. Relative to crashes, but can we actually compare these. It seems the storage of value is moving into Metals and not digits. I could be wrong, but this does tell a grim picture for BTC, not for Blockchain but for BTC. It is going to take...
No1. You can see chart is showing lower low and lower high, which says us price is in clear down trend. So in down trend going short is safer than going long. No2. We can see downward parallel channel. And now price is touching high of the channel. The high probability is price can move within this channel. To move in this channel price has to drop. No3. I have...