Nothing to be taken seriously - I'm no expert. 30% down after breaking 200 MA on the weekly. This particular percentage downward has occurred twice before, after breaking 200 MA. Using a trend based fib extension the 1.618 mark is not far of from above mentioned bottom target. Leaving potential buy zones between 17900 and 15500. We shall wait and see what the...
BYBIT:MTLUSDT.P A beautiful entry at the bottom here we caught a beautiful double bottom on the 1HR the rest is history. If you are interested on how i plan my trades DM me. Entry - 1.0100 SL - 0.9548 TP - 1.3098
It might not make much sense in the current mood because the majority of market participants expect either more downside or sideways price action for the next 12/18 months, but I feel the real surprise would be an upside move. A strong move, forcing the many in disbelief to rush in mid-to-late on the way to an early top somewhere in the low 6 figures range. I...
Is this the bottom? IDK, maybe, maybe not. If it were, this is how it'd likely play out.
The top of the same long-term support channel responsible for all Bitcoin bottoms is acting as the current resistance.
Took while to publish new idea because of some private stuff and very busy with with making better improvement with @HeWhoMustNotBeNamed on our scripts for Harmonic patterns. Couple is reason why I post here and now is just to publish again on TV some public TA. Maybe I'm wrong this time, maybe bottom is far away or BTC already make bottom (it's in zone what I...
What happened in the past does not have to happen in the future. but I have a lot of reasons to think that btc is at the bottom. I think that it will rise up to 25000 levels without making new bottoms and giving a buying opportunity, similar to the past. This does not mean that a big rally is starting. I just think the market is too pessimistic right now. if btc...
On the 2 weed LOG chart you can see how the pattern falls over, Its getting to the point where it breaks down according to the 4 year :\"bare bottom" cycle On some major trend lines it has already broken down but you cant see it on the daily chart. Channel pattern below represents the price structure on how it normally flows.
Having kept a close eye this last 2 years on the Stock to Flow for BTC, I had noticed each time the S2F spiked on the 2W chart, a large move in price action shortly follows. As BTC broke the recent 17.5 bottom and formed a lower bottom at 15.5, there was a significant spike in the S2F data as shown on the chart. Awaiting more data with the S2F Model Value to...
I am entering bitcoin at its bottom .. my projection is 10k with wicks down to 7k .. Nov 21-22 leg down
1. Daily Close at $15.6K with no long wick indicates overwhelming selling pressure while buying demand stays the same/diminishes 2. All Ichimoku Indicators pointing a big bearish movement on Daily, alongside 2 big bearish candlesticks (strong bearish momentum) 3. R:R of 1:2 | Entry/TP/SL; that is widely used for this indicator on Daily Time Frame, is shown...
Well, first support area is located at 19800 - 17200 Dollars but I don't think this is the bottom (because of macroeconomics situation) so it will break. Second support area is located at 14000 - 12000 Dollars. I think it will be the real bottom of BTC. Don't fight with the trend, if you do that you will be destroy. Good Luck <3
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
This is my analysis for possible bitcoin bottom before next bull run. This will take time as chart is on weekly basis. However it might help you to accumulate your spot buying in BTC
A minor run to 21k then a dump to 13k probably, sideways, then another dump to 9k where we bottom out. I am not going to trade it to 21k, too risky. Well, this supports the four year cycle theory. People call for 2023 bearish and 5k target, but I believe that we will go sideways from 9k, for half a year, then have a new bull run, I don't know how high we might get...
So i have made out my chart, ive kept it simple and done simple time analysis as well im expecting that by the end of the year (somewhere between october and mid jan) we should see btc somewhere around 8.2k Personally, u should start ladder buying from 12k onwards The green box represents the buying zone for btc P.S. This will take time to play out since this is...
all the indicators showing the btc bottom is in here I'm scaling into long term spot buys here stops below 15k
Judging by the Volume, I am quite confident a potential bottom might be in. Unfortunately, i do expect a painfully boring and long consolidation phase after this. During these months / years, i will try to DCA as much as possible. good luck!