This is BTC inverse chart. After Massive move up we needs some correction. this might be the best dip of the life time if co relate with S&P. My analysis is simple based on supply and demand.
Bitcoin is looking for liquidity before it reaches my target.
Bitcoin is looking for nice liquidity check before it reaches my target. Comment if you have any question.
HOPE EVERYONE IS DOING GREAT! I HAVEN'T POSTED ANYTHING BECAUSE NOTHING IN THE MARKET HAS CHANGED. FOR ANY PRICE TO MAKE A LOCAL HIGH OR LOW WE NEED CONSOLIDATION(ACCUMULATION OR DISTRIBUTION). CONSOLIDATION IS WHERE MARKET PATIENTLY LOOKS FOR PERSPECTIVE OF PEOPLE AS IN WHERE IS MAXIMUM DEMAND AND SUPPLY AND IT TAKES IT ROUTE. MY VIEW HAS NOT CHANGED ON BITCOIN...
Hi Everyone! I hope who has been following my setup from my 1st post is enjoying their trade. Today I want to share how I draw my lines and what I am expecting to see from bitcoin. I will share how I draw my demand line, supply line, and confirmation line. a. Demand line(Blue)- Demand here simply means support line but since I am an economic student I like to...
First of all, I hope everyone safe and taking care of themselves and this global situation gets solved soon. Second- Please, if you like the analysis, show some love my hitting that like button. Now lets go with the analysis. To understand where bitcoin is going next we need to look at past what it is being doing. I will try to explain in as short as...
I have posted the daily time frame. 1. Ethereum has a weekly bullish divergence. More than 60 percent time the divergence in higher time frame are worth taking risk IMO. 2.Another thing to notice is also the sentiment in the market. Many people are still in fear. When in fear it a good chance to buy if we can control our emotion. 3, Daily candle looks extremely...
Long Super Rekt. If in this phase where economy is unstable and bitcoin is built to best perform and does not do well next cycle i think ill have to readjust my portfolio.
I am still on all my trades if this breakout fails then i might take profits on my longs (check out previous trades). This is the move i have seen before and I'm taking short and will be glad to be wrong. I have posted the fractal too. Whales filling shorts? May be Or whales making fake breakouts to make retail go short? idk
Many people have shorted the big red candle(may be short squeeze coming and long are waiting for weekly candle close at 5800 level. I think it would make sense for bitcoin to pump from the tredline. P.s Risk to reward looks good.