This is what I expect for Bitcoin's path for the next long term,
this chart I held for more than a month and I didn't dare put it up because of its boldness.
But I consider it very logical for me.
And I think we're in a good time to buy (DCA) into the end of September.
Good Luck.
This is not sure for 100 % and stop loss is so risk you should take the stop loss on the top but i take the risk and do your search before you enter in this position and you can do with your money whatever you want to do dont forget to follow me
Howdy folks!
highlighting the formation of an inverse head and shoulders for a possible sign of a bitcoin reversal.
$24k needs to become support, $27k needs to be hit to continue going upwards n price and bring favour back towards the bulls
if price crabs at $20k then expect to see lower prices towards $12-13k area for the next most likely bounce area
can go...
From the most recent L/L, Gan on a 45 shows that the candle wick touch points to the 8/1 and 3/1 on February 22nd, 24th, and 27th couldn't be more picture perfect and I will be watching these levels. I suspect further downside despite recent upside mania but will chart downside Gan support/resistance for further confirmation and clearer direction later.
Sometimes...
BTCUSDT weekly momentum is still bearish .The price reached the target zone 22500-24000 as said 2 weeks ago , if BTCUSDT break below 22k then the next price level is the 0.786 fib . I added GATOR & ALLIGATOR indicator to confirm the strong bearish momentum (the Gator is eating and expanding).Weekly still bearish until the Gator in sated phase
Invalid if price...
weak support at 4000
weak resistance resistance at 4050
I Prefer Yellow trading plan
Disclaimer:
This information is for educational purposes and is not an investment recommendation or representative of professional expertise. This analysis used herein is for illustration purposes only. This personal opinion should not be considered specific investment advice. I...
medium support at 4350
weak resistance resistance at 4460
I Prefer Green trading plan
Disclaimer:
This information is for educational purposes and is not an investment recommendation or representative of professional expertise. This analysis used herein is for illustration purposes only. This personal opinion should not be considered specific investment advice....
We are at the second testing of the upper bound of the triangular formation consecutively without reaching the lower bound. This indicates that the bulls are pushing upwards and that a decisive move is imminent in the coming few hours. If the early hours of today are bullish to the point of breaking the upper bound, 0.8 could be reached easily within 3 days...
There's an upside for the story: there's an upside for Ethereum on the short term. The downside is that the medium future is rather bleak. Etherium's curve seems to be going through a classical shedding phase since a while. From a geometrical perspective, it is hard to imagine a reversal soon; on the contrary, an avalanche similar to what happened with Bitcoin a...
I just checked SPY on the monthly using volume profile based opacity....
Apparently, we've never closed a month with the 3rd volume profile.
That being said, 2 days into June and we already have this profile...
```
avrg = ta.sma(volume, 14)
vol down 1 = volume > avrg * 1.5 and redCandle //1 aka solid red
vol down 2...
The Dollar's been killing everything this whole year, but I think that's about to change. This week the US 10 YR's could fall away from the high price reached in May and start falling back down towards demand. Every time frame down to the 15 minute chart --there's an ascending triangle forming just inside the supply zone on the 4hr and 15-minute charts--seems to...
BTCUSDT weekly momentum is bearish and price has a high probability to reach the price zone 22500-24000 , if BTCUSDT break below 22k then the next price level is the 0.786 fib . Worse case scenario is breaking below the 0.786 fib level and if that happens, we will have a strong selling pressure that will dip the price back to the red POC level and 0.886 price...
