Bitcoin (XBT) continues trading within a range. All the technicals are the same as before, bullish. We've been having lower highs since 5-Dec. but also higher lows; again, consolidation. The signals are good but the politicians are likely to crash the market 13-14 Dec. as they usually do. Better to wait after they make their move to see how the market...
HELLO GUYS THIS MY IDEA 💡ABOUT XBT is nice to see strong volume area.... Where is lot of contract accumulated.. I thing that the buyers from this area will be defend this LONG position.. and when the price come back to this area, strong buyers will be push up the market again.. UP TREND + Resistance from the past + Strong volume area is my mainly reason for...
BTC/USD Weekly Volatility Analysis 12-16 Dec 2022 We can see that currently the implied volatility for this week is around 8.48%, up from 7.77% last week according to DVOL data With this in mind, currently from ATR point of view we are located in the 56th percentile, while according to DVOL, we are on 12th percentile. Based on this, we can expect that the...
bitcoin breaking down ? 12.4k I have been looking for that move for a long time. I do not hold any btc RN. Waiting to buy lower towards 12k-10k
The opportunity to rebuy on the drop is almost over. Bitcoin (XBT) is getting ready to move ahead. Full moon blessings. After a resistance level is hit, it is normal to see a correction. After the 5-Dec. peak, we have a correction to the 0.5 Fib. retracement support for the bullish wave that started Monday 28-Nov. The bullish bias remains intact. Additional...
Big lq been swept from my last idea - PPI correlated with s&p dropped bigger than expected Good rejection bellow, inside fvg/hva/daily OB Don't see any reason to come back down for more stop hunts, price has been rebalanced already Althought now it might be a slow uptrend
Macro larps gonna keep SIMP-ing to daddy Powell, psychoanalyzing every CPI / FOMC reading, salivating every tier10k push notification beep, stalking every ES1! 1 minute candle, annotating 7800 seconds of The Big Short line-by-line $13.9k = 61.8% fib retrace of the Dec 2017 high to the Dec 2018 low ($19k -> $3.2k) $49k = 61.8% fib retrace of the Nov 2021 high to...
Bitcoin (XBT) stays within the same range... We challenged the upper resistance followed by a quick rejection yet the bulls stay on top. We continue aiming higher. Not much to report as the chart structure stays the same vs my latest update. For questions just leave a comment. You can visit the "Related Ideas" below for the longer timeframes as well as...
Hello, Dear valued traders & investors, this is my own setup and view regarding the next Bitcoin move in the coming months that i will follow. I am short description analyst & trader, so ill not write much about it because the chart tells itself. I am preparing to buy SPOT and go Long aswell on Futures as soon as it reach my potential bottom target of this...
Expecting price to withdraw from this formation and move lower. It's possible price reverses back to the upside, but in the short term - everything is showing for signs of a retracement. If bullish, wait on buys!
Let's continue looking at Bitcoin (XBT) on the short-term. (For higher timeframes and the Altcoins, see "Related Ideas" at the bottom of this post). The chart structure changed completely and for the better. The main support we were using, MA200 and EMA300 have now become secondary. The bulls are ahead. EMA50 at $16,885 is the main support to look for on a...
#BTC/USDT Technical Analysis:- $BTC currently trading at $16900 As per chart Bearish Pennant Breakout Upward side so I am expecting up side move toward $$18600-$18800 Actually this is Bearish Pattern but We always focus on Breakout. Upside Breakout mean We can see Some upward move. Support:- $15600 Resistance:- $$18600
We see a breakdown 27-Nov. of the MA200 support. As expected, the next support level marked blue on the chart was tested with the low set around $16,000. We see a price bounce and the bullish bias short-term remains intact. XBT is aiming again at $16,333 where EMA50 and MA200 are now sitting. The bulls should be able to takeout this level easily and then...
#Bitcoin Bitcoin is forming Falling Wedge in 1D timeframe Chart. Seems like Bitcoin is Bottomed out & Ready for Relief Rally Towards the 18,500 Remember that Bitcoin is not out of Woods Yet, Bitcoin Bulls Need to Clear the 18,500 Resistance to Confirm the Falling Wedge Breakout. Please like the idea for Support & Subscribe for More ideas like this and...
Update to my previous posts. Bitcoin finished the last impulse of a 11-year bull market in 2021 with a multi-month distribution. Now we are in a mark-down phase in a bear market that has never been seen before. Price is below MA200 W1, MA200 D1, below strong support of ATH 2017. In the beginning of November we have finished a running triangle and impulsive wave...
BTCUSD Weekly Forecast Analysis 28 Nov - 2 Dec 2022 We can see that this week, the current implied volatility is around 10.04% , down from 11.21% from last week. According to ATR calculations, we are currently on the 62th percentile, while with DERIBIT DVOL we are on 31th percentile. Based on this data, we can expect on average, the movement from open to close of...
The chart technically stays the same. While XBT has gone below EMA10, 21, 50 and 100, it remains trading above MA200, the main support. If MA200 at $16,410 fails, then $16325 will come into play... Anything lower and Bitcoin can easily test the blue support level on the chart, high 15Ks. But we continue to see consolidation nothing more. If I had to guess... I...