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Yesterday we had a bull trap above 11000 level, actually 3rd bull trap on this levels in last few days. Means price was should go lower to test supports again before continue upwards movement. So far looks like price has finished testing supports and that bear trap below 10400 that I mentioned in previous idea is the local low and probably price can go for a...

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Drop below 9500 has activated bearish scenario of a triangle from previous idea, so now we can expect more downside moves. 8500 and 7250 levels are also 0.5 and 0.382 fib levels from December's bottom of market, so we can expect this local downtrend will finish at this levels. Anyway there is 80% chance that bitcoin will stop falling in 7200-7400 zone because...

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In previous idea I was saying that bitcoin has finished correction, but it was too early for a break of 14000. I expected a consolidation for some time in 13000-11000 range. All that happened, a pump, a drop, and all other moves of last days were actually nothing else but a preparation for an even bigger move. As I said I expected a consolidation in 13000-11000...

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125 billions is crucial level for altcoins same as 6400 for bitcoin. Blue circle shows insane volumes, that means very strong consolidation is going. When altcoins break 125b level they will probably just fly like bitcoin did after a break of 6400. But so far on weekly timeframe we can see total altcoins market cap is struggling a lot against 100ma and 125b...

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In previous idea I said bitcoin is probably going to set a higher low. Now it looks like a higher low is set and bitcoin has finished correction. The whole falling structure of correction turned into a big bull flag that I also mentioned in previous idea's updates. Now price should try a break of red zone resistance and blue line of bull flag, In case of fail...

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Breakdown of 11450 activated head and shoulders pattern and price dropped fast to 11100 level. Drop has reached 200ma and now needs to take a break and show some consolidation. Preferable scenario is test of red zone 11400 level and 100ma, bounce from them, and drop to 10800/600/400 levels (something like black line). To enter trade we need to see consolidation...

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Previous week candle closed as very bearish candle and most traders decided bitcoin is going to fall hard, here on tradingview there a lot of ideas about it as well. But I knew whales wont just leave it to market, there gonna be heavy manipulations for sure. In blue circle we can see similar bear weekly close happened earlier during this bullrun at 4200 level....

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After first rebound from red zone price found some strange support at 11400 level where some big buys happened, continued moving up and now everything looks like there gonna be second test of red zone that will probably lead to breakout or at least form a higher high at 12700 level. Target of that triangle is in 12700-13500 zone as well. Black lines is what I...

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Wanna know why I was the one who sold bitcoins at 18000 and bought them back at 3000? Well, with sell at 18000 levels it was easy, there was a reversal pattern and many traders noticed it and sold bitcoins. But when I sold bitcoins at 18000 why I already knew I will buy them back somewhere in 2500-4500 range? This idea explains that. What was going on with...

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In my previous idea I described why bitcoin is still bullish on 4h timeframe. Now I will do the same for 1W timeframe. On weekly timeframe we can see volume profile clearly shows us that bitcoins strongest support/resistance level above 6400 is located on 8200 level (blue circle). Previous week's candle bounced from this level and closed higher above it. This...

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Trend indicator was my friend during last bullrun, it supported price again and again (blue circles). Red line of volume profile clearly shows crucial support level. Last blue circle is where price bounced directly from red line and now being supported by trend indicator again. So to say confidently bullrun is over and correction has started we need to see...