Bitcoin could be inside a falling wedge and even outside with the body of the candles but I have just adjusted this to the wigs only just in case, is also inside at what is looking a possible bearish pennant (purple lines) we are now creating bullish divergences in this 4 hours chart, the opposite of last week before the drop , we could of course keep forming the...
Bitcoin have been forming a strong support line since April 2013 in this Monthly Logarithmic chart, that line have been at the same time the support of continuously ascending triangles that tend to break to the upside normally, and yes we seems to be forming another one right now, this could be one more signal that the bottom is in so be prepare to what it could...
We had just printed a buy signal on the Hash Ribbons indicator on this daily chart, first time we had this signal printed was on the 28th of December 2011 at an open candle of $3.95, again five days later at $4.70 and again on the 19th of June 2012 at $6.30 and then we was continuing forming a strong uptrend till we have a new signal on the 07th of February 2013...
Bitcoin is trying to remain in the purple support line that could be the formation of an ascending triangle inside this falling wedge (Yellow lines) if we breakout the falling wedge will be an immediate trigger of a breakout too of the possible ascending triangle, this is the scenario one and most likely to happen in my opinion but I also made an scenario two just...
Bitcoin seems to be forming a rounding bottom and could soon at least hit the resistance line of this possible falling wedge, lets see what happens after!
This bitcoin weekly chart is talking by himself, I still think the bottom is in and if the two possible support lines don't hold the price soon or later we could end up breaking out this falling wedge so just hold and be prepare to laugh after, we have been creating bullish divergences in the MACD and RSI indicators and this could be a good sign even if we drop...
Unfortunately Bitcoin broke down a rising wedge in this daily chart and previously in a 4 hours chart too, now to be realistic the official target should be around $19,000 but the blue line could act as a support at $21,000 so fingers cross, whatever happens I strongly believe that the candle from tomorrow could retest at least the 8 daily EMA or 21EMA if not we...
f you are still thinking that the bottom has not been hit yet this chart may change your mind, we of course could go down more but I believe we may not hit a new bottom, we could start soon in a couple of Months a new parabolic run in my opinion according to this BEAM bands indicator and many other ones, this one has been very accurate historically so lets see if...
It looks like we could breakout a weekly descending broadening wedge, the RSI is already broken and this could be an advance signal that most likely will end up breaking out with the candles too and if this happens it could be really good news for the Crypto market too, things are looking bullish right now!
Bitcoin have been forming bearish divergences in this 4 hours chart and could reverse the trend and also formed a rising wedge that 70% of the times end up breaking to the downside, so it is very possible here to break this down and reverse the trend but in my opinion it could be only till the strong support line created back since the 18th of June this year, we...
Bitcoin is finishing creating the handle of this cup and handle continuation pattern, I expect bitcoin to hit a target of $26,000 after breaking the neckline, this is looking good!
Bitcoin is forming different patterns but soon it will need to choose one, Let's see which one plays out but most likely could be continuing forming this Symmetrical triangle that in my opinion could end up breaking it up.
Bitcoin had created a weekly bullish divergence and could be ready to start a new uptrend in this weekly chart, we could also find support in the 200 WMA when the candle changes on Monday, but if not I think the green line and possible new uptrend should act as a support so fingers crossed!
Bitcoin could close above the 200 W MA tomorrow and start going up and form a rising wedge in this weekly chart that could potentially hit $59,000 by November this year 2022, the key here would be to break that up and start a supper parabolic run after, but there also would be the risk to break it down with a target on the start of the wedge at almost $19,000,...
Bitcoin breakout a full flag in a 4 hours chart as mentioned in my previous idea, we could be in the way to hit a target of around $27K, this chart I made is showing the line of the body of the candles only to avoid a possible thinking of a false breakout in case if happens, if 27k doesn't come I think at least we should hit $25,400 for our next target, but...
Bitcoin could be forming a bull flag and could hit a target above $27,000 if it breaks out, if this happens bitcoin could close above the 200 weekly MA this week but there is another possible bearish scenario still in place, ( see my previous idea) I have a good feeling that we can go up soon from here anyway so fingers crossed!
Bitcoin broke down an ascending broadening wedge and retested, we could hit the target at the beginning of the wedge but the red support line could stop that, we also forming a falling wedge that could break to the upside and hit a target in the commence of the wedge price, bitcoin could also form a bull flag and surprise everyone here, this is what bitcoin does...
The 8 Monthly EMA have crossed last Month bellow the 21 Monthly EMA and that had previously marked the bottom, We have only two data points to confirm this will happen again but them 2 times happened exactly the same way and after the bottom we run another 35 Months to hit the top again, that means we could hit the top in almost 3 years time from now if it happens...