capitulation day, could we be seeng $17k bitcoin? the longest of long term trendlines must hold at the 100 monthly moving average. my worry is even if this bounces here we have broken a mid term trendline signifying that this could be a dcb (profitable dcb) - is bitcoin dying?
Hello TradingView Family / Fellow Traders. This is Richard Nasr, as known as theSignalyst. 124 out of 500 days done. I truly appreciate your continuous support everyone! Let me know if you like the series, and if you would like me to change or add anything. Always follow your trading plan regarding entry, risk management, and trade management. Good...
we have shaken out the 13k waking zone Shot past the 15k resistance next target is 17.5k then we should rocket to 19K!!! 23.5k is my market target but we could see a massive drop after 19k peak to 17-15k levels to retest. ' **Biden winning US election can jump start new "digital age" in the USA** **a WAR will cause an inverse on both XAU and BTC watch...
According to Gemini's chart if we were to confirm the breakout from the inverse head and shoulders pattern here the target is in the 17k range. Let's hope this validates. The market certainly appears fundamentally ready for this kind of leap. I'm thinking a tight stop loss maybe a pip or 2 below 10.5k would be wise maybe 10290 or so. or it could be safer to...
Price has consistently failed to break the 11.1k level on the daily. Ascending Trinagles are a bullish chart pattern - We saw one forming back when btc was in 4k area, Now its forming at the the current price range of 11k-13k. IF it breaks above we could be looking at bitcoin TESTING ALL TIME HIGHS! But nothing is certain in trading - So DYOR as well! Main...