Btc-usdt
₿ Bitcoin Lacks Strength For Growth ₿₿ Bitcoin Lacks Strength For Growth
₿ Bitcoin has found support in recent days at 0.618 of the entire upward wave from the bottom.
₿ But what concerns me is the lack of any reaction.
₿ This accumulation more heralds, for me, a continuation of the declines than of the increases.
₿ There is one more strong support zone ahead of us near 16k, maybe only landing there will trigger some reaction.
₿ Looking at the MACD and RSI I do not see any strength for the continuation of the upward movement at the current moment.
₿ The scenario I am playing out is to expect declines to the support zone marked on the chart. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
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InvestMate|Bitcoin At Important Support Zone ₿ ₿ Bitcoin At Important Support Zone
₿ As we can see, Bitcoin in recent days has scored a slide from the $18200 level to currently 17k
₿ We have rebounded from the resistance zone set previously.
₿ And we have landed on the support zone I also previously delineated
₿ Looking at the fundamental and technical environment, it looks like bitcoin could stay around 17k for a while and then we will see a rebound upwards.
₿ It doesn't look to me like it's going to fall even lower, but I'm not ruling out any option.
₿ The scenario I am playing out is to wait for some strong reaction from buyers to join the next upward movement. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
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BTC ANALYSIS#BTC UPDATE.
#BTC got rejected from the daily resistance at the red box resistance area with pink box as the support level .A daily close below to the pink would result in pullback on daily.
InvestMate|Bitcoin Finally On The Rise ₿₿ Bitcoin Finally On The Rise
₿ Just as I perfectly predicted in a previous post the start of increases on Bitcoin:
₿ Yes this time it is time to take another look at the chart from a slightly larger perspective considering the nearest support and resistance zones.
₿ As you can see, we are currently at a support zone determined by a cluster of three fibo levels. The first is 0.382 of the entire last downward wave to establish a new bottom. The second is 0.236 of the wave from the peak on 15.08.22 to the bottom on 21.11.22 and the third is 0.786 from the covid bottom to ath.
₿ Ahead is a strong resistance zone defined by a cluster of two fibo levels. The first is 0.618 of the last downward wave to the new bottom the second is 0.382 of the wave from the peak on 15.08.22 to the bottom on 21.11.22
₿ Given the developing uptrend and the fact that the MACD and RSI are presenting very bullish signals.
₿ It is safe to say that the road to 19k lies ahead.
₿ The scenario I am playing out is a continuation of the upward trend to the vicinity of the resistance zone. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
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LOTS OF BULLISH DIVEREGENCE BIG MOVE INCOMINGDGB has a ton of bullish divergence on many indicators. The last time this happened while bouncing off the trend line support DGB had a massive move straight up. I see a minimum of $.15 hitting the top resistance of the triangle and then if we break through the measured move would be insane. This move could happen very quickly like it has the last couple of times so don't wait too long if you're waiting to get in. DGB may be one of the only other cryptos besides Bitcoin and Litecoin that could be considered a commodity or property and will survive the slaughter of all the other unregistered securities. Only time will tell. This is not financial advice this is just my opinion. Good luck out there
LONG TRADE ON CHZ TARGETS 15-35% EXPECTED THIS TRADE WILL BE FAST AND SHORT TERM MAYBE FEW DAYS
Warning: These trades reflect my trading history and are not investment advice and I am not your financial advisor
Trades will be updated on the same published chart such as Take Profit, Early Exit or Partial Exit..... Good luck to all
InvestMate|Bitcoin Strong Local Support Zone ₿ ₿ Bitcoin Strong Local Support Zone
₿ The post is a direct continuation of my last post in which I wrote about the high probability of a continuation of the uptrend in the coming days/weeks
₿ In this post, I would like to zoom in on a possible support that could play a key role through this weekend.
₿ The support zone was determined by the 0.5 level of the last upward wave and the 17k level has been treated as resistance many times in the past.
₿ It looks like it will be able to prove itself as support this time.
₿ The scenario remains unchanged I still expect increases but I have in the back of my mind this support zone which could hold the price on declines. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
₿ *Please do not suggest the path I have outlined with lines it is only a hypothetical scenario.
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btc/usd future...1000%As you have seen. My previous two analyzes were completely correct and accurate.
I think BTC can come down by 84% like past
So it will come down by another 30%
But in the future can come up and can be very profitable.
I analyzed it very simply. If you like this analysis, give me the energy to do the same research for other currencies.