Hello friends, Before I get started - please leave a comment or a like to support more posting. :) I hope this finds you well. Although I'm bearish at the moment on bitcoin. The overall trend is UP. I believe as we work through the lower lows with the S&P 500. (which bitcoin runs with) We will work through the lower lows for Bitcoin as well in the up coming...
Cleaned up the BTC.D chart, as I feel now that bitcoin dominance is in a consolidation phase along side BTC price action. The D1 BTC.D chart has a falling wedge that is right below the 200 ema. I am almost 99% certain it will break up leading to another pump in dom & price of bitcoin. 68% will most likely take a few attempts B4 finally failing as BTC breaks up...
In the last couple of days, I was overwhelmed with panic theory and I almost believed in emotional selling and a huge drop in the Bitcoin price. As soon as I saw the Bitcoin price is rising against the flow of all markets I understood something is not right and after visiting my charts again I was wondering how could I not see this. As you might know crypto market...
I never really thought we'd be touching this red ascending support line, at least not this soon. It has acted in the past as major support for widely volatile selloffs, and this time the fear is no different. Let's hope this holds, otherwise who knows where a bottom could be?
🔸Signal Info: Golem Rank: #91 Direction: LONG 🔸Analysis: Golems year to date record looks stunning indeed. It has secured itself in the top 100 coins for now. The sell off following the 10k BTC rejection and the end of the altseason are fairly rough, but also gradual and steady. The asset is up 58% ytd, Made a peak of well over 100% in February, and it has...
The key main support levels that are coming up are: - $245 to $247 (minor support based on recent price action and also where the nearest ascending parallel channel is at) - $241 (major support based on 50$ Fib Retracement Level) - $237 (minor support based on past price action) At the most what can happen is a scam wick where they dump heavily imediately, which...
Bitcoin just had its biggest drop since November, down 4.5 percent on February 15. It was a healthy pullback after a big rally, and it did little to break the cryptocurrency's recent uptrend. If anything, it confirmed most of the bullish bias. Point 1: BTCUSD held a key price level around $9,500. That was a peak last October-November and again in late January....
I decided to add the DTCC Migration & implementation dates to the current trend chart that show a heavy point of convergence that may reveal the bottom of the current bear move. We don't really know much about the new DTCC System, or if XRP is what will be used - but it is interesting that we are potentially going to have a potential low & buy opportunity in the...
Everything lines up for a 11300-11500 range correction back down to the trendline before the halving event , now we all know we are trading in the wild west, so i expect a scam wick up to 11750 before pulling back to the range mentioned above then breaking down to the trendline at about 8500 over next 40-50days. Expected start of pullback would be at the end of...
Trading ideas : Dates are weekly fib time zones Short 9800 Feb 17th Long 7800 March 2nd Short 11500 May 25th Long 9500 July 20th Short 13500 August 24th Long 11900 February 15th
- Open CME Gap 8500 - 8600 - Good daily close Longed from ~8550, targeting top of the purple range. Information is just for educational purposes, never financial advice. Always do your own research.
I do not trade BTC but I follow it aggressively because it dictates other coins. However, the weekly time frame gives us a more filtered and clearer picture of where this coin may be heading. As you can see from the charts, this week's candle seems to be closing above a major resistance of $7788 which has served as strong support on several occasions in the past....
This is not a drill, repeat not a drill altcoin season is about to start, when this monthly resistance is broken be prepared for insane gains. This aligns perfectly with the BTC.D chart 2020 your wildest dreams will come true.