That was some Price action there. Missed by $10. No problem. Currently it's in no mans land. a break and close above red line will give bulls the upper hand. Break below the thin green line is back in control of the bears. In between expect some sideway action.
XBT broke down and currently retesting it's resistance. I doon't think the resistance is going to hold and probably some new bottom buyers might come in later. Possible to reach 3807.
hello guys after hanging almost one weak btc just break down of crucial support of 3550$ now the next stop for opening the long position is 3450$ but that's not a strong support foe opening long position, the next strong support for my is 3150$-3200$ this is a strong support and will give enough confident for opening the long position,before that support opening...
Bitcoin needs a catalyst in order to send us up. People keep selling and we will be stuck in this bear market until we get something worthy of a reversal. -BTC seems to be forming a bear flag on plenty of time frames. -MACD is crossing down on the 30min chart. -We could see a bit of movement down to the next support. From there we will have re evaluate the...
An Ode To The Magnet: When all was at a loss, and salt was at a high, The magnet showed up, to pull us to the sky. The hero we needed, but certainly don't deserve. Our prayers were answered, our calls were heard. When darkness loomed, all feared the worst. Short sellers calling $1000, Bloomberg the hearse. "Bitcoin will never die", the magnet said to us, Load...
Hi traders, Last 1k dump really made me sick and bearish. I counted correction waves of 2014 crash and i see a lot of similarities within current btc crash waves. My suggestion that we are currently in C wave of ABC correction. I thing my wave count for 2014 crash is OK. The ratios of waves to each other are almost ideal. And similar wave count and pattern...
Ideas are back hell yeah. LONG BTC All in the chart, enjoy
BTC might be correcting the impulse from 4010 to 4656 and the best price to buy is between the 0.5 and 0.65. If this holds, btc will create and IHS with a pretty high target. (4800, 5050, 5300)
For big whale to earn money, the easiest way is to destroy the market and make the long position all rekt . I don’t think it’s a good idea to long for now. Because what normal people think about that extremely low rsi? They will probably think its the bottom and make a long position. But think like a big whale, if most people believe it’s a bottom , and most...
Bitcoin fallingwedges to new breakout after that last bouncy drop retest it seems, herewith a tip called $SPRTS for the $DOGE traders PM me if u need to know more. wow much tip very secret such shitcoin #doggonacci
As highlighted, we could be forming a bearish ascending broadening wedge here. If either of these scenarios play out, then then launch us to 71XXish as per the target of the diamond bottom reversal. They might not play out, however keeping my eye on these as a very real possibility.
Diamond bottom reversal pattern if we can close the daily outside of the light blue trend line. Might find possible resistance at the light blue dotted trend line, and a subsequent retest of the purple long term down trend line; however the ultimate target would be 7100.
Flag formation occurred. Points that need to be broken , destinations are specified on the chart.
It is possible to form the opposite shoulder and Shoulder formation. Wait for the neck line to break. The goals are indicated on the chart.
There will be weeping and gnashing of teeth.