This is my idea of a bearish market future. I've also outlined some targets.
Bitcoin / USD We expect the rise to end the correction since prices are above the support point 19528.20, and this Supports price increases of 21542 to End the correction in wave (c) before returning and falling again
Ethereum / USD We expect the bullish correction to start in wave ((b)) before returning and falling again in wave ((c)), and we expect the rise to target 1668 or 1732 prices before descending again to complete wave 2
Bitcoin / US Dollar We expected the currency movement to rise to 22090 prices to end wave (iv) before returning and falling in the last wave (v) of the impulsive wave
BingX’s Bitcoin Chart According to CoinShare, Digital asset investment products saw minor outflows last week totalling US$9m last week with volumes at US$1bn, 55% off the year average and the 2nd lowest this year. Bitcoin price is almost flat over the past 24 hours. The relative strength index (RSI) is near the oversold zone, indicating that the bears have a...
Rising channel, price has also rejected key support at the $20,750 region for a 3rd rejection & a reaction has occurred. I am anticipating for Bitcoin to move towards the top of the channel again above this critical region here..
On the H4, with price moving within a bullish channel as well as above the ichimoku indicator and RSI moving along an ascending trendline, we have a bullish bias that price will rise to our buy entry at 24703.69 where the swing high resistance, 50% fibonacci retracement and 61.8% fibonacci projection are. Once there is upside confirmation that price has broken...
Detected some positions to take as the final hour of the trading day comes to its end and a new Daily candle begins to take its form. Be sure to check out my higher timeframe perspective on Bitcoin also. Check out the related ideas below, and don't forget to like, comment and subscribe. Happy trading, and good luck!
Here we can see the PI cycle top flashed early much like 2013 In 2013 it was April fools day when BTC started its correction BTC reached the Center point of logarithmic regression around July 1 This correction was only 3 months in length I do see a similar pattern here, If this plays out like the super cycle in 2013 then my personal targets are: Center of...
FOLLOW, LIKE AND COMMENT IF YOU APPRECIATE THIS CONTENT. THANK YOU BITCOIN is not in a bear flag like others have posted. Bitcoin has been in this symmetrical triangle for about a month now and it broke to the upside in a bullish reversal. Bitcoin will climb to about $40k on this run before a correction possibly back down to about $25kishthen continuing its...
I thought this was an interesting chart Dollar Inflation vs Bitcoin BTC percentage different with the Bitcoin BTC price on top since the start of the pandemic. I used this Date Jan. 31, 2020 since it was short of a worldwide reset of the financial system. It appeared to give about a week notice before the BTC price collapse. I will follow this chart thru the next...
FOLLOW, LIKE, AND COMMENT IF YOU APPRECIATE THIS CONTENT. THANK YOU BITCOIN is in a symmetrical triangle pattern and is testing the upper resistance of the triangle. A lot of times these formations are continuation patterns which would mean more downside. Sometimes though these break to the upside and I think that is what is happening here. The MACD, RSI and...
LIKE, FOLLOW, AND COMMENT BELOW IF YOU APPRECIATE THIS CONTENT. THANK YOU I see so many different charts and opinions, but the one simple chart no one is looking at is the one above! How much more simple can it be? Bitcoin has bottomed out, and its about ready to shatter its previous all time high in a move so swift and so violent that it will absolutely leave...
There is a set of questions to ask yourself before opening a transaction and we will talk about some of the common ones. 1) Are my entry criteria met? Undoubtedly, everyone has his own style of trading. Entry and exit strategies should be included in each and every trading plan there is. Only if the entry criterium is met, should we enter a position on any...
*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management !! This chart analysis is for reference purposes only !! If you want to...
BTC USD BITCOIN I was just playing around with some of the historical dates and price action with Bitcoin trying to figure out where we go from here. Let me know what you think. This is not financial advice. Thank you
BTC BITCOIN vs SPX S&P 500 I have highlighted a fractal that I highlighted before. I did a FIB retrace on this and the FIBS tell the story. I believe that we have hit the bottom, and we are going to take off. The charts speaks for itself. This is not financial advice this is just my opinion. If you enjoy this content then follow me for more analysis and...
Bitcoin going below previous ATH has never been seen in its history. Yet, this does not rule out the act of impossibility in the financial market.