Last couple of years, we went through all kinds of fraud, hacks, court cases, and bankruptcies in the crypto ecosystem. Those circumstances led to The market crash happening in other markets at that time. However, the crypto market recovered very quickly and hit ATH this year. Shorts start from 73K and the market got choppy between 67-68K. ETF and Halving...
That's all we bounce! Big Support 66500 ish is the key level!
Elliot Wave shows us that 4th leg could be completed with a sharp decline. However, 5th leg is quite short and might have more room to go upside and explore between 75-78k. If the price wouldn't consolidate around 75k min. shorts can start following the Elliot wave pattern A-B-C and will meet the Higher low trend line. It seems it hasn't touched the trend line...
Simple Long-Term Prediction: Since its highest price, BTC has been in a downtrend but It is hard to label it as a bear market. I am seeing it as a reaction that brought us to the significant support level which has been seen as the last pillar of hope with an enormous amount of fear. If BTC can defeat the emotional level of 21.5k, It will give more buying...
Swing failure pushes the price toward the trend highest low. The trendline break below is mostly possible! Bollinger Band got narrowed and waiting for price volatility to S1 Range trade is possible after the S1 and S2 until the 200 SMA Scenario
A breakout of 24500 can cause another range trade for future trade. Pullback close to midrange might be a good option for investment/trade opportunities. The market has already shown some potential yet I can not say It is a bull market or a market reverse. I am not seeing the downtrend continuing. 26200 to 28K range is an important level to specify the trend
In the scenario of breakdown, the range and invalidation of the flag formation is setting up stop loss under the resistance Backtest of resistance in 15m chart. My entry-level - is 0.2269 If it lost the range stop loss will be accepted Profit had already been taking at 0.2138 In the case of flag formation successes, the first 0.23 value - 0.25 (weekly level) as...
W pattern on 4h chart cause price surge to the upside 24.9 resistance level and price consolidation on this level, possible! Good luck!
In the big picture. We can notice the pattern's right shoulder that has not been created properly yet 49K could be the bigger resistance and the market could enter the long-range sideways between 49k to 53k If it lost the range there and the head and shoulder pattern could be validated so that Downside can be started. When we look at the daily. It is quite...
If Axi can make the move upside and break the downtrend ,back test and consolidate above the trend line The next resistance will be 82USDT MA Cross signal is strong!
43k big resistance but flag formation works absolutely hilarious
BTC brought back itself to daily trends. It is time to surge the price upside to weekly resistance If 43k breakout will happen, adding up my long position in beauty. 47K is my price prediction in the long term.
BTC holds 37k last three days which gives slow progress to the upside. Breakout seems more possible! Volume has been raised constantly. If it keeps it between 38k 39k at the end of the day, a good signal to the upside. If so, 41k will be the rejection. Monday will be critical for the trading volume. Sunday is whales day so keep an eye on range trade with a small...
If the price come back up again 47600, Elliot wave has the possibility to go and try 3rd leg Price stayed a long time above 47000 More persistent, more chances to move up Fib levels are very well respected actually
Bitcoin breaks the small range of 36k.2 and come close to 39k Breaking 40k can bring BTC back to the weekly trend. It is giving a hope but there is no hope If Btc will be rejected by market sellers at 39k Bear markets continue its range trades
Is it diamond? It can be the diamond pattern actually, right after a huge dump (downtrend) It can bring us to the upward what do you think?
3rd leg is coming If it bounces from fib level 0.5 - 0.382 It can pump above 48000 Wave 4 is not going to pass wave 1 to be validated
Where is the 0 point? Things are looking more optimistic