Looking at shorts towards 1878 before we see a correction to the upside as we are approaching the end of the month. After this short, I will be looking to take longs into mid next July before looking at shorts again.
I will be cashing into this move on behalf of myself and my Account Management investors.
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btc is showing a falling wedge which i mentioned in yesterdays video on youtube
falling wedge at the bottom of a bearish scenario is a bullish sign
question remains is it going to hold or is it going to fake out?
imo i feel we maybe bouncing up and down inside the wedge until we finally make a decision to break up or down
i have put some notes so you can...
we endured and hopefully survived through.
Markets are designed to shake you out
UP ONLY doesn't exist in the real world in a real Marketplace ... save that for the PONZI schemes (ahem Madoff)
The days of 80%+ value destruction in #BTC SHOULD not happen
(unless we see a HUGE spectacular blowoff event)
while Jerome was telling tales, the dollar shows weakness not only in USDX)))
against the backdrop of verbal interventions from the US, the EURUSD price returned above 1.1900 and remained there. Clear Step Up + Head and Shoulders Pattern
1.1940 - BUY signal
1.2000 - target 1
1.2100 - target 2
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Just follow the whales
For what I am used to see, to trade on, the BTC shows signs of consolidations and is not going to go any lower. Prices are driven by huge investments from privates investments companies such as MicroStrategy (more than 100.000 bitcoins at a market price of 29,000 USD). This resistance of 29,000 has been retested a few times and I doubt the...
Previously, btc had printed bullish structure on the daily, which failed as we called, but as I also said I expected a HL to trade back to range highs and maybe beyond, but sadly that was a no go
Here, btc has had a huge wick through the range low (the low wick on the first capitulation) on some exchanges and took out the most recent LL, and currently will close...
As you can see here, Bitcoin is still within our psychological range. Let's see if the highlighted wick has gathered enough liquidity to start another bull run. If not, we will be stuck between these levels until something triggers the breakout.
Following from previous discussion this cycle analysis takes a closer look at the relationship of previous cycles to calculate possible trajectories for future PA.
It is, at the end of the day, unknown where the value of BTC will end up, and this PA is definitely bullish in sentiment. However I am long term hodler and believer in Bitcoins overall success, so bias...
My prediction 1806 will be the last higher point before the gold price plunges to 1557.. the target time is 97 days… (September 23 maximum)..
Reason : US vaccination progress , FED statements last 2 days, optimism economic recovery…
Note : “FOR LONG TERM ONLY “
Taking into account that the price is driven by orders proportional to its growth since 2018, this correlation could occur in 2021 between order volumes and the expected dips.
Remember that Bitcoin is part of a developing market, comparable to the dot-com bubble.
What's your opinion? Stay tuned on our updates!
This will be our Alkaline Free Crypto Portfolio. This portfolio will be held for the long term, so you must manage your capital to deal with potential dips in the crypto market. We will not provide every entry in one post, as we believe in the power of dollar-cost averaging. Leverage is not allowed, this portfolio must be followed by a Spot wallet.
If you are a big believer in Bitcoin, this is your chance. We are seeing a lot of support levels and loads of buy signals. 31,000 then the big psychological level of 30,000. Even 29,000 which we haven’t really seen Bitcoin at since the start of the year.
If you wanted to invest in BTC but thought it’s too high at 60,000 and that you missed your chance, this is...