capitulation day, could we be seeng $17k bitcoin? the longest of long term trendlines must hold at the 100 monthly moving average. my worry is even if this bounces here we have broken a mid term trendline signifying that this could be a dcb (profitable dcb) - is bitcoin dying?
trade pressure is coming back to neutral from a positive move, this coincides with landing into a support zone it felt weird how bitcoin did not take last years liquidity just above 32k as it currently forms a bull flag/wedge into the support zone we could see some relief and a move up soon the question is whether it is a corrective B wave, or the start of a final...
Each of these BTC/SPX tops tend to end that way. However, the last 2 years we spent in a bear market, so maybe the pattern stops here. Anyway, I don't see BTC climax until 2025, more consolidation is needed, and this is the most logical setup to cool down a bit.
BTCUSD price made a bullish breakout of Head & Shoulder pattern. after a correction if price continues to hold above support I expect the price to move higher towards the next resistance.. Trade Wisely *The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent...
BTCUSD The price made a strong bullish break above the Daily Resistance area around $30,000-31,000, and price is currently above support/resistance structure, the safest choice would be to wait for the price to make a correction towards the previous resistance turned support area and if price holds above the support area look for long setups. But if...
This expectation is a framework to look for a potential trading setup; I don't just execute based on these levels, I always wait for confirmations on lower timeframes This Analysis was done using my complete Strategy which includes: - Smart Money Concepts - Multi Timeframe Liquidity and Market Structure - Supply And Demand - Auction Theory - Volume Analysis -...
BTCUSD price broke above wedge structure. after a correction if price continues to hold above support I expect the price to move higher towards the next resistance.. Trade Wisely *The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
BTCUSD nothing much to say The price is repeating the same pattern , if price continues to holds above the support I expect the price to move higher... simply I expect the price to repeat the same pattern again. Trade Wisely *The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting...
BTCUSD Bullish Scenario : Price is currently moving in a narrowing structure, and the short term resistance area is around $ 35,000 . If price manages to break above the short-term resistance area and continues to holds above the support I expect the price to move higher... Bearish Scenario : $35,000 price range is acting as a short-term resistance area and...
if we don't break $12.400 with our uptrend , there is a HUGE posibility we will go below $3.000
Bitcoin has come alive and after a period of sleepy conditions, we’ve seen the price break out of the defined trading range it held since March, with the biggest high-low trading range we’ve seen since June 2022. Our high price has been 34,742, the best level seen since May 2022, where the breakout has taken the rally that started on 11 Sept to 40% and 110% YTD....
i dreamt the other night that this run may be around mid 50s and we are currently here. if price slows/stalls we could see a great alt season should btc move sideways whilst the market decides its next move...
the 3month bitcoin chart shows that bearish volume has increased in the last quarter only for price to be held suggesting a momentary pause at the middle of the range with some upside inbound. my guess is that bitcoin will now push up to the .32/.5 fibo retrace (most likely spike beyond at the range high) before the rally fails and we head to the range lows to...
Since breaking the Feb highs in mid-March we’ve seen BTCUSD tracking a well-defined range of $31,000 to $28,500, with the former breakout high acting as strong support on multiple occasions. These levels also marry up well with the upper and lower Bollinger band, if we use the 200-day moving average as the mean of the bands. These levels are significant and...
Bitcoin formed 2 strong bearish patterns on a daily time frame. I see a bearish flag formation and a double top with a lower high within. Both the neckline of a double top and a support of the flag were broken. I believe that the market may drop lower after a retest of broken structures. Next support - 26220 ❤️Please, support my work with like, thank you!❤️
btc looking bearish here i can drop anytime towards 23k ,stay tune for more analysis,,go always with confirmation
just working on some personal research and development tonight, and may have stumbled across a relief long from the lows ;-)
every 4 years bitcoin capitulates after the clocks return from BST to GMT/UTC in the UK (end of October). price also has 100mma around the previous ATH. Cyclic bars suggest history is about to repeat... Fibo circle suggests we may see some sideways action into 2023 before the next ATH bull run, or price pops $50-60k region for a more corrective scenario (we will see)...