Bitcoin shorters are coming back to ATH. Time to pump sir?
BITFINEX:BTCUSDLONGS "The chart speaks louder than words" Time frame: Daily Sentiment: Bullish (long) Daily bitcoin technical analysis with fewer words and more information so that you can have maximum information just with a glance without wasting any time. Any thoughts on technical analysis of BTC are always welcome in Comment Section. If you find...
In uncertain times like this, we patiently look for insight and new knowledge. Breakout of trend showing weakness. MACD looks ready to cross to downside. Peace, DISCLAIMER: MY IDEAS ARE JUST OPINIONS, NOT FINANCIAL ADVICE. I LIKE CHARTS, THIS IS JUST FOR FUN...
Hello everyone Today a big update on BTC price action. I will talk about the daily, 4hr, BTCUSDLONG, BTCUSDSHORT charts today. Could this be a potential trend reversal? Let’s get straight into this! BTCUSD (Daily) -So we can clearly see our downwards trendline, we are creating lower lows and lower highs, which is very bearish. -So I drew the most bearish...
1hr Speculating Watch to see if the longs break above that 314xxx Resistance for a potential long breakout. They have been compressing and have stored up kinetic energy in this triangle
Hello everyone Another green day in cryptoworld. Today an update on BTC price-action and some things we have to look at. Let’s get straight in to this! -So first of all I would like to talk about something I came up with for the first time 2 months ago. Could this new uptrend be a beginning of a possible 4th triangle ? We see clear similarities in all the...
Technical : I'm confident that Wave iii has just ended. Because the last wave up was an Ending Fifth Wave Diagonal which led me to believe that the wave has to be a 5th Wave. I see bearish divergence on higher timeframes. Not to mention the overhead heavy resistance leads me to believe that upside potential before a correction is very low. Whereas towards the...
Hello everyone We’ve got great news today, the sec has announced that they will decide about a BTC-ETF the 10th of August. Here is a short version of my view on the situation. Nothing major has happened yet since my last idea of BTC, 4 days ago. First of all a small view on current situation. Current situation: - So we’re still on in the same area between our...
Back with another analysis to complement my previous BTCUSD post. Looking first at the BTCUSDLongs chart, we can see that we broke above resistance and tested for support before moving up and then back down. This move back down has shown MASSIVE bullish divergence, both on the RSI, which has formed and broken out of a falling wedge, and the MACD. The AO has also...
Good morning, traders. Remember, CME Bitcoin June Futures expire at 10 a.m. CST this morning (www.cmegroup.com), monthly close is tomorrow, and weekly close is on Sunday. So as I've mentioned in the live stream, any potential reversal that may occur could happen at any time today through Sunday. This doesn't guarantee we will see a reversal, just that there are...
Good morning, traders. Remember, CME Bitcoin June Futures expire at 10 a.m. CST this morning (www.cmegroup.com), monthly close is tomorrow, and weekly close is on Sunday. So as I've mentioned in the live stream, any potential reversal that may occur could happen at any time today through Sunday. This doesn't guarantee we will see a reversal, just that there are...
Tiny update. Currently expecting a medium pullback on the BTCUSDLONGS as they are very very overbought, but under a very steep angle.(Positive-bullish effect on the price) When it comes to the BTCUSDSHORTS ,it's quite the opposite. The 4hr chart is very oversold, and a pull up anytime soon could happen. What can be seen as the biggest outtake from this analysis...
Longs in ascending channel and about to hit resistance
C point maybe lower thats why this is not tradable yet. Instructions on chart. Thanks.
Well, after couple of busy weeks, I'm happy that I'm back! Seems as if seasonality is kicking in, and my previous bearish btc prediction may kick in even earlier than what I initially anticipated (in autumn, not the summer, but here we go!). Both of the charts are in great detail, so there isn't much to say. It's a very basic yet effective approach (do not like...