bitcoin pullback to pitchfork ,and it can go to the goals on the chart,otherwise it can to the next support on 4450
If you've been paying close attention to the charts at all (and no, not in 15 minute), then I'm sure yesterday you already noticed the bear flag that is solidifying. Hopefully some of you were even able to make a nice short play yesterday and increase your stack, as I did. For those of you that missed out because of Binance.. well, sorry for your luck, but here's...
Rising wedge (bearish pattern), impending bear cross, downwards RSI, and decreasing volume... Not much else needed to say.
Possible retracement path and time frame of 216 days to recover to past high (previous cycle) . Imagining similar grounds . retrace to 24K
RED PILL: BTC will break the Trend line again and will drop between 5k and 3k. BLUE PILL: BTC will bounce again on the FIB 0.786 and will break the downtrend1 to reach the FIB0.382 (14k)
Cryptocurrency market remains under a heavy pressure facing strong headwinds from global regulators and authorities that are taking a tougher stance against the “volatile and dangerous” market day by day. Bitcoin price briefly slipped below the $6,000 mark on Tuesday, down to fresh mid-November lows in the $5,810 area, -14% on the day. The current fallout in...
ABCD harmonic, psychologically significant price, in reversal territory between .618 and .786 retracements and previous resistance/support zone indicates that the $5000 region is a strong contender for the reversal zone of this sell-off. This is not investment advice. My analyses are frequently wrong.
Hi all, This simple chart is meant to show the game we have to play. Let's hope it breaks the resistance soon.
The down trend is not over yet on long term. From here it can easily reach the $ 5000. In the weekly chart, we are still very bearish. If we get a confirmation for an uptrend in the near future, then it is very likely that it will only be a small upside correction until about $8000. But be careful that it will go down very quickly afterwards. My target:...
Bitcoin is ready for a long bull run. Check out the video analysis I did on it. It's on the related ideas .
Cryptocurrencies continue to retreat at the start of a new trading week following sharp losses on Friday, with bitcoin is trading dangerously close to fresh November 24th lows below the $8,000 threshold. Any attempts to regain the upside potential face strong headwinds amid the never-ending woes in the volatile market. In another blow for bitcoin, major US credit...
Yesterdays bounce was anything but spectacular at 38.2% fib and after breaking a long term trend line. A pull above 9 thousand however unable to recover horizontally, it looks like bearish momentum might drag it lower. I dont believe this correction to be over yet. When and IF the price reaches 6-7k, people might start fear selling, as is only natural in such a...
Hi , this is my first idea published on Tradingview , i am an amateur still. Following TomHalls ideas and i learned a lot(would appreciate it if he would see this xD) Text is in chart , just a possible thing that could happen. Thank you
The chart shows evidence for Bitcoin to bounce between two daily zones. Demand and Supply alike. I have identified two strong zones where we can trade the bounce. Given the BTC volatility and its quick price movement the opportunity will materialise relatively quickly. IMPORTANT: Drill down to 240min to see get clearest picture of short term opportunity.
This analysis is a "Fib.-trifecta" combining a retracement, fan and spirals. I actually had to calculate the next Fib. level by hand. I don't think trading is usually this extreme, but hey, this is crypto! If we break current support, the next support level should be aound 7,200 with a likely range of 6850 - 7,540 per the Bitfinex pricing. If this happens, I...