The possibility of correction of Bitcoin up to 52500(2024/05/20)Hi Guys; Bitcoin's momentum and power is not like an accelerated wave, but like a corrective wave. We may have a corrective wave (wave C) up to 52,500. - Everything is clear in the photo - Be healthy and profitable. 2024/05/30Shortby mehdikhashaman3
BTC Sideways in Yellow Zone: Will It Dump or Pump to 76K?GM, this morning BTC on the daily timeframe is still sideways within the yellow zone. The probability for a dump is still present as RSI remains in the oversold area and the fear and greed index is still in the greed zone. The target price remains the same at 76K. Let's see what the market makers will do this month. Keep staying safe, always maintain your risk, and as always, that's all for today's crypto update. I'm Akki, signing off with one chart.by Akki_san0
BTC Sideways Trend: Will It Drop First Before Pumping to 76k?GM, crypto bros. This morning BTC is still trending sideways. The RSI is still in the oversold area, and the fear and greed index is at 73 in the greed zone. Overall, today's outlook is quite similar to yesterday. There is a possibility for BTC to drop slightly before pumping to 76k. Keep staying safe, always maintain your risk, and as always, that's all for today's crypto update. I'm Akki, signing off with one chart.by Akki_san0
Chart Pattern Analysis Of Bitcoin From K1 to K3, It is a bearish three soldiers stalled pattern. The sharply increased supply pressure also verified the resistance of the historic highest price area. It is likely that a month scale consolidation process from K3 will continue. So, if K4 price up to test the resistance of 2/1 Gann line, I will try to partly decrease my long positions. by nothingchangehereUpdated 0
BITCOIN - Crossroad between markets Hello everyone, with new the month around corner I decided to come back with an update on Bitcoin. I still hold the same opinion as stated in the Q2 update, this update is just for better visual perception of what is going on in my opinion, since I believe we are in some sort of unprecedented time for Bitcoin. Why? Looking at Yellow Parallel Channel we can see that we spent the last 10 years methodically going up in it, until we broke out from it at Q3 2022. Now two years later we are "testing" the bottom line of that channel and upcoming month may show if we will be able to break back in and reach a much higher valuation OR we reverse and come visit the middle line of our New Red Channel before potentially testing Bottom Red line later on. For better imagination I break idea down to 1W and 1D chart. 1W 1W 1W 1D Hopefully, this elaboration was helpful for some of you in further market navigation. If YES, please consider liking or sharing this post, it would mean a lot to me. Also, if you are interested in more updates or you would like to receive more predictions with lower time frame updates daily, let me know in the comments or DM. Best Regards, Joe by JoeCryptou0
Fibonacci BTC Golden Root 1.272Update on the original Fibonacci chart I shared back in September 2023 here of the Fibonacci tops of Bitcoins previous cycles. Bitcoin did reach the green projected box I recently had in the original T/A but no where close to the 1.272 Fib level as I projected as a possible cycle top. There are two reasons I made this level of 1.272 in my original T/A: 1) The level coincides with Steve's 5.3 Theory of a diminishing BTC. 2) The 1.272 is the square root of the golden ratio (1.618) and is the number of understanding the true value of Pi (3.144). You can study more on this amazing number with Jain108 as he dedicated 40+ years to finding Pi's true value via the breakdown of the Harmonics of Phi and the 'Golden Root (1.272)' Now, I do not know if BTC will hit this level, but BTC is starting to curve like the Golden Ratio and there is no question about it that this asset is very significant for our time.by livmac70
Time to DCA Bitcoin againI'm keeping this simple: the current Bitcoin price is under the 2 Year Moving Average and the 3 Day RSI is showing oversold. In the past, the combination of both these factors indicated a good buying opportunity for the rest of the cycle. We can't know how much lower bitcoin will go, or how long it will stay at current levels, but I will be buying regularly again.Longby jumprUpdated 3
Bitcoin cycle low has been hitFollowing my first plan to start Dollar Cost Averaging Bitcoin again (see below) We now have a Cycle low signal printed on BTCUSD. This signal has been significant during the past two cycles and I do not expect this time to be different. It will be interesting to see how the macro environment plays in this case, as it is Bitcoin's first cycle within a major economic downturn. GLHFLongby jumprUpdated 8
Are we topped?I had a pitchfan strategy that worked the last 2 bull/bear cycles for exact tops, bottoms, and mid-term tops, dips, and real bull run starts. Way too much for me to go into now, but the post is here. www.facebook.com I specifically said "when June hits and everyone's a bull remember this post" I've been long since 19k, I closed it as well as sold off 50% of my holdings and pretty much exited all my meme/higher risk tokens. I also just opened a short on FLOKI. Think back, have you ever known the top/bottom was in? Did the market? We SEEM like we're in the up only phase, but that's a perfect time to destroy everyone. Learn from the past, succeed in the future. Let's see how this plays out.Shortby D3C3NT3R3D0
Bitcoin for the next 8 weeks - MaybeI have been using the Heiken Ashi chart with some success over the last 18 Months and so I am looking to it for ideas about where we may be heading with Bitcoin PA The chart simply uses the Heiken Ashi candles ( yjay iron out the Noise of standard candles and give Hints of Trend changes on all time frames ), 2 Fib Spped resistance Fance and the obvious Bollinger Bands. The Bold yellow line is the line we keep getting rejected from since March and you can see how PA has used varous Fib extensions and Fans line to act as support. And we are about to start gettign squeezed between these. The Zoomed in chart shows this clearly. It also shows that we are getting squeezed right now between a weaker Fib fan line and the line of resistance. This is likely to cause PA top drop in my opinion. The Fib Fan line that is arrowed is strong support and has the VRVP POC line on it also..I will say, that if PA drops to this level, it will find support around 64900 usdt The REAL Volatility may well start around beginning July, Green Box area, and until PA break out, either Above of Below, that Volitility will remain. Should Pa break out above, the next major line of resistance is that 2.272 Fib extension around 79K It is worth noting that on a Daily chart, RSI has plenty of room to move higher. though MACD is leveling out and Histogram is falling. I do not think Bitcoin is ready just yet.....a few more weeks to go But I could be wrong.....it is foolish to think we can predict PA but we can have ideasby Orriginal0
Short term sell signalls ahead!Three hits to the high near a resistance followed by a local top formation in form of a dimond pattern. The green boxes are imbalances I like to trade into because there are blue Vector Candles in that area, with the "Traders Reality Main" Indicator you can see those for yourself or compare how long it takes for a blue vector candle to recover (often times quicker then green or red vector candles) the fractal is the first highlighted push, lets see how that rhymesShortby Cryptofreak770
BTC 2week trading strategy May 27- June 10No-need to hurry to enter the market until current futures contract expiration date on the 30th of May (vertical orange line). Also summer is usually not the best period for breakouts due to holiday season. Best-case: BTC price breaks through 69650 intraday resistance level confirming continuation of a short-term trend which started on the 1st of may (short violet dotted line). This trend will continue going upwards to break ATH or at least it will be transformed into a range between 66450 and 70500 before breaking ATH. Base-case: There will be a deeper pull-back to 64500, as a consolidation before ATH break. Overall the decline will be temporary and not too deep to break the medium-term trend which started on the 11th of Sep 2023 (long violet dotted line). Worst-case: Deeper pull-back to the current key supoprt zone (green rectangle) which will confirm that short-term and medium-term trends are over and the longer consolidation will be needed to break ATH (similiar to summer 2023). Trading strategy: Stop-limit at 69650 for the best-case scenario. however entering the market with 1/3 of max risk per trade limiting exposure to the worst-case of price locking in medium-term range (56500-72500) preserving flexibility to make another entry for base-case in case of a deeper pull-back to 64800, or after ATH break-out at a higher price. in case of the worst-case confirmed, reconsider whether it's still reasonable to hold the trade stop-loss below 50000 for a black-swan event to protect deposit from margin call. It is highly unlikely that this stop-loss will be trigerred accidently for the coming two weeks. Longby Cassandra2990
Monthly Bitcoin AstrologyBitcoin monthly astrology for men at 11-11-2021 with open candle, 19d 20h left.by Hhan44Updated 0
BTC Bullish Push: Key Levels & Extreme Greed WarningGM, this morning's BTC candle close on the 24th was quite bullish. Weekend volume tends to be low, but a nice push for BTC. If the price manages to close above 69K++, the chance for a pump to the green zone at 76150 - 77302 increases. However, be cautious as of today, March 25, 2024, the fear and greed index shows in the extreme greed zone, which means there is still potential for market makers to sell their assets, leading BTC to drop further, and possibly a bearish scenario might come true. Always keep funds ready to shoot your chosen altcoins at discounted prices if the market provides the opportunity. Stay safe and always trade like a robot without emotion. That's all for today's crypto update. I'm Akki, signing off with one chart.by Akki_san0
BTC Bullish Push: Key Levels & Extreme Greed WarningGM, this morning's BTC candle close on the 24th was quite bullish. Weekend volume tends to be low, but a nice push for BTC. If the price manages to close above 69K++, the chance for a pump to the green zone at 76150 - 77302 increases. However, be cautious as of today, March 25, 2024, the fear and greed index shows in the extreme greed zone, which means there is still potential for market makers to sell their assets, leading BTC to drop further, and possibly a bearish scenario might come true. Always keep funds ready to shoot your chosen altcoins at discounted prices if the market provides the opportunity. Stay safe and always trade like a robot without emotion. That's all for today's crypto update. I'm Akki, signing off with one chart.by Akki_san0
#btc long hold (?)after what was measured by Xrp angles and its previous fractal, which hit the target 100%, I can only think that this can be repeated again but less than less in Bitcoin, well yes, BlackRock had +500 ETFs presented and recently denied only one, ONLY ONE! yes of course it was only the BTC ETF, remember that the etfs can be presented after a few weeks, and currently they are fixing everything to be able to achieve it, beyond that, we have good liquidations to the north and south, but be careful with alts this scenario does not strongly influence alts, look at the btc.dominance we have and it can even be a very detrimental rise for alts!! Here we go!Longby HotChiliUpdated 4
BTC Bears Roar: Key Levels & Trader TipsGood morning, condolences to the traders who got hit hard in the market last night. Stay strong, guys. Currently, BTC is quite strong bearish. If BTC manages to close below the yellow zone at 66455.12, the next possibility is it will test the big volume area in the orange zone 64846 - 63261. For spot trading, let's see where the market is heading. If futures feel exhausting, you can take a break for 1-2 days to recover mentally. Stay safe and always trade like a robot without emotion. That's all for today's crypto update. I'm Akki, signing off with one chart. by Akki_san0
BTCUSD morning updateI'm looking for key support of 65541.11 to hold, and for a daily higher high to complete an impulse wave off 56547.64 low. The regular flat that ended at 56547.64 seems too shallow for a wave 4 or a wave 2 of higher degree. If we continue to impulse higher, my primary bullish count will have this be a 5th wave extension, to complete a primary wave 3 around 125000. Bulls immediate target is the median line of the pitchfork.by discobiscuit0
BTC Daily Outlook: Sideways Movement and Key Levels#personaloutlook #marketupdate #BTCUSD daily on 23/05/2024 #cryptoatglance Good morning, crypto bros. As we mentioned yesterday, the BTC candle closed bearish on the 22nd. So, where is BTC headed now? Overall, my personal outlook is that BTC will continue to move sideways, possibly tapping 70229 again today. Stay safe, and that's all for today's crypto update. I'm Akki, one chart, one love.by Akki_san0
New Volume Indicator: VolTrendHello everyone! In this article I want to talk about a new volume indicator. The VolTrend indicator shows bullish and bearish volumes in addition to the total volume data shown by the classic volume indicator. With this indicator you can see not only the total volume, but also bullish (bullish) and bearish (bearish) volumes. 🔶CHART🔶 The white columns in the graph show the total volume. The green columns on the chart show bullish volume. The red columns in the chart show the bear volume. The blue line in the graph shows the average volume of the last candle up to the number value entered in the settings. 🔷TABLE🔷 In the "TOT" column: The "NET" line shows the total volume in net terms. The "%" line shows the percentage by which the total volume of the current candle is more or less than the total volume of the previous candle. If the background is red, the total volume of the current candle is less than the total volume of the previous candle; if the background is green, the total volume of the current candle is more than the total volume of the previous candle. In the "BULL" column: The "NET" line shows the bull volume in net terms. The "%" line shows how many percent more or less the current candle's bull volume is than the previous candle's bull volume. If the background is red, the current candle's bull volume is less than the previous candle's bull volume; if the background is green, the current candle's bull volume is more than the previous candle's bull volume. In the "BEAR" column: The "NET" line shows the bear volume in net terms. The "%" line shows how many percent more or less the current candle's bear volume is than the previous candle's bear volume. If the background is red, the current mumu's bear volume is less than the previous mumu's bear volume; if the background is green, the current mumu's bear volume is more than the previous mumu's bear volume. In short, with this indicator you can clearly see the total volume, bullish and bearish volumes and you can also easily keep track of what percentage the previous total, bullish and bearish volumes have fallen or risen on the current candle. What do you think about this indicator and would you like me to share it?by MelihCanDemirx0