Trendlines are the simplest but also the most effective tool in trading, over the years I have lost time and money looking for the perfect indicator when instead the simplicity and effectiveness of trendlines never fails ... of course there are other excellent indicators, but nobody ever is as powerful as trendlines, so ... just follow the trend :) #Bitcoin
Hello together, Attached is my daily update on the BTC price as we do every day. We saw a nice breakout yesterday and got sold off just before our resistance (yellow line) as mentioned yesterday. However, we found wonderful support at our Golden Pocket of the Fibonacci. Also, the 78.6% level is strong resistance for BTC. Should we close a 1h candle or even...
Bitcoin breakout the ascending triangle and now retesting the local support of $53,000. If able to hold the $53,000 support zone BTC will go to make a new all-time high. If unable to hold the $53,000 support zone the next major support is the $52,000 zone and must hold point. With the $1.9 Trillion stimulus package, BTC is all set for a new all-time high. We may...
Rejection same level as fib 786. Waiting for long trade not short... COINBASE:BTCUSD
Hello friends, Do you know that we already did increase 670% since by BTC since the bulltrend ? And maybe you have not seen the chart as i did add it, direcly long candle. # this are only an idea about what possible are, but means noting about the future trading at BTC. We dont see the future - but there is chance that this can be the start bear trend for btc...
Bullish Cup & Handle Pattern forming on Daily & 4H Chart showing strong signs of a continuation pattern back to the upside. Daily Candle has opened up Bullish , 4% Gain from here to 100% Fibonacci level ( ATH ) @ $58,736. Further confirmation of a huge move for BTC by the Triple Top formed at the key resistance 78.60% Fibonacci level. BTC break out of key...
No drastic upwards jump overnight with small dips shows that support is climbing and bulls are gaining ground. Looking to break these key fibs holding resistance once passed $55,250 then heading to $58k if there are no huge dumps in the near future.
Hello friends, And here we are with the last final update for today with a possible whale free fall on bitcoin. i dont like to use this words. but depending on trend its possible we will have a free fall on bitcoin to 50K or below in next time trend. Yes trends look now increasing trend - Depending on volum it shows possible fake trend and what means a new ...
I'll make this update fast: Bitcoin closed above $50,000 last night but it also had a little rejection around the 52K resistance. so trade carefully because another rejection might cause a big correction.
Hello Traders, My apology for difficult situation with my analysis. One of moderators block all my analysis. I had published one after trade was taking and worn everybody to close position but was block, only few people manage access that analysis. Again, once again my apology. Price break through upper side of triangle and stop on resistance 54794. Momentum is...
Hello Dear Traders, as u can see in chart there is rising wedge pattern forming in chart. i have marked a upper trendline which is giving resistance to btc. btc must cross and trade above upper trendline to test 58k and then 60k. if btc doesn't cross upper trendline then we can see btc again near 51k.
Hi guys, This chart is probably the most important one I've done, this kind of analysis on BTC is pretty well known. With this one I got a top for bitcoin at range of 85-95k$. What your thoughts about this idea?
Knife Cut signal worked very well with a nice 15% upside. Bounced from diag 2, and now i expect diag 1 test, that is near 56k. We can see that the structure is Inverse H&S breakout and retest, that will lead to ath, and maybe even more. Expect anything from bitcoin. Enjoy
I present 3 layer 2 solution alts with 3 similar ABC corrections, but with 3 different structures. In case this correction is finished we can clearly see an ABC correction, which could interlude a new bullrun. On the other hand BTC has dropped from a significant high, and failed to reach the 60K, though we remained above the 1T BTC market cap as this is an...
Hey guys, it was a great week for Bitcoin. We don't have a lot of updates for the BTC now. We hold our long positions and waiting that this or the next week update the current ATH. When BTC will update the ATH we will open an extra position. This would be one of the last opportunities for you to buy Bitcoin during the current bullish market. Yes, we are not sure...
Upward breakout of trend line. Probabilities are pretty hard to trade though for a swing : 50% New ATH, 50% Flash dump. I'm gonna go betting on new ATH, through another crypto though. Safe trade, no incitation to gamble here ;)