When comparing a simple chart of previous bull-runs it seems like BTC could drop to 21.5k-26.5k range before continuing its bull-run to at least 69.000$. Shorting now: Risky: The trend is your friend -> wait for 30k support to give in. Start taking profits at 26.5k. Going LONG (on margin) at the 26k-21k range: BTC won't fall below 21k. Go Long when the bearish...
BITSTAMP:BTCUSD From what history from 2017 tells us is that those consolidation periods, that we are currently experiencing, can take longer (up to 2 months before price reaches the top again). Correction can take up to 2 weeks before it reverses upwards. Again, i am only backing this up with historical price action from the bull run 2017 from a similar time frame.
Chart Analysis: Using historical bitcoin price data, the graph has been extended to cover since 17/08/2010, so we can do a wider historical analysis of the price. At first sight, there has been three great btc price rises, which I'll call stages: One from 0.10 USD to 10 USD, then from 10 USD to 1000 USD, and third from 1000 to a possible 100.000 USD in the near...
DXY in liquidity zone and bounces off this tend zone every time for the last 8 years. Could be a bearish sign for the market.
This article will cover technicals (finally). It is part 8 in the series, and the first of two parts on technicals. It is strongly recommended that you read the others in order for full value. This one is long and more complicated than the others, because you deserve it. Part 1: Raytheon's Military-grade Market Trader There are two problems with selecting...
Back in January/February QQQ was holding a similar regression channel going back to October 11th, 2019. The regression channel was 2.5 standard deviation instead of 3 standard deviation that we had for our covid rally so it wasn't quite as volatile. For distribution days, usually you would use the Index to count them, but since QQQ is so correlated with NAS100...
Here's what we know for BTC: There are some similarities between the charts in February, right before COVID, and the charts now. Last time we dropped this far below the 200MA on the 4hr chart was February 26th. On the highest volume during the drop we were about 275% above the volume average.. When we dropped below the 200 MA on September 3rd, volume was about...
Last time we had a movement to the downside this big we pulled back to the top of our regression channel which is right by the 50 day EMA
In the 11 year history of Bitcoin (since 2009) it has closed weekly candles above $12,000 for 6 weeks. The path of least resistance is down, unfortunately. On Balance Volume looks amazing, as it has surpassed its 2017 highs! Moving Average Convergence Divergence confirms a strong trend. But the price is king. Bulls need to prove they can close a weekly...
Good Day Everyone Here's my idea on GOLD looking at it from the 4H chart but overall from multiple time-frames the metal remains net long for example on the monthly GOLD is respecting the Fibonacci extension currently rallying towards Fibonacci ext level 1.618 ( 1855.12 ) which is just below the all time high of resistance level 1926.49 could we see a rise or...
Looking at the historical data it looks clear to me that EURUSD is at a pivot point in history and ready to go more on the upside for next 1-10 years. I have made this Trading Idea to keep track of it. Let me know what you think
- If history repeats itself, then breaking below the S/R swap which we are at now, will break the e50 as well... - If this happens, then the correction below e50 on before last halving went crushing down all the way to s/r of before this *echo bubble* run started.... Which means in our scenario, if this happens, then our target is: 5500 * History don't have to...
Welcome everybody, I hope you guys find something here you can use long term in your own trading. This is my long term BTC chart. It is pretty simple, I just want to sit and relax and wait for the bottom to be hit and formed. Then the fun part starts scoping cheap bitcoin and alt-coins for some fun 10-20x increases long term. Alt-coins follow btc most of...
Historical data + wishfull thinking :) And its October now,- so Sugar Rally is on!
Hello everyone, I have just analyzed price action and Simple MA's through the years from 1995 till today. Is interesting to notice that at SMA touch 60% of the times price pulls back while 40% of the times it keeps going lower! A further analysis would be on the cross between them and how price reacted to that. Same thing using faster MA's such as...
Hey everyone! So I finally decided to post my first ever opinion on Trading view and my first analysis is around Bitcoin on Bitfinex price. The reason why I picked Bitfinex is that it seems like it's always the first mover before any other price follows suit. It is true that BitMEX is very important for most traders out there! so for that reason, I will start...
SPX Historico desde 1987 hasta 2019 Crisis US