DOWNSIDE AND UPSIDE ANALYSIS FOR BITCOIN = Recent NEW all time high - PULL BACK low - FIB EXTENTIONS on the downside AND upside - MY PERSONAL BIAS IS THAT BTC LIKELY CONTINUES MAKING NEW HIGHS - DOWN SIDE TARGETS ARE STOP LOSS'S FOR LONG/BUY/CALL TRADES (longer term) - UPSIDE TARGETS ARE FOR SHORT/SELL/PUT TRADES CURRENTLY as of END...
A very nice setup on BTC daily timeframe. If the market will start to recover and we will see a break of a downtrend + a break out of the 0,764 FIB level, that would be a very solid setup (wouldn't buy in right now (wait for a setup) since I want to see what happens with S&P 500 tomorrow when markets open.)
COINBASE:BTCUSD Bitcoin - Two working fibonacci channels with time sine depicting the oscillation intervals. BTC on the 30 Minute Chart.
Could history repeat itself? Well, I hope so :) Looking at the beginning of the current bull run, which started end of Jul 2021, the price was @ 29K, shooting to 52K in 45 days. To blow some steam price pulled back to 50% FIB level, which is also a recent support level, which is also a 200 EMA dynamic support. Once reached this strong level, it bounced back to...
history repeats itself: 1. BTC impulsive waves with respect to corrective waves are exactly the same. 2. accumulation are same 3. distribution is the same 4. 82k is the same as now 5. red arrow show news 6. green arrow shows a new impulsive wave start. YOU CAN CHECK OUR PREVIOUS PREDICTIONS AS WELL. ALL MEET. Thank yew
Bitcoin in a weekly time frame can be seen a compression and we can have three scenarios By drawing Fibo in the recent wave, we can see its correction and now it is on strong support, and if it is supported, we can expect the upward trend to continue. If the support is broken, we can consider the trend to be downward, and if the price decreases to the support...
📖BTC Analysis: As you can see, we have warned you before that if BTC rose towards the 47200 area, it was very likely to reject it. Although it has a technical target of 48000, we believe that it will not be able to advance beyond the area of 47200-47500. We continue to wait for the long-standing maximum target to be met in the area of 42300-42000. Stay tuned...
Fibonacci speed resistance fan shows resistant and support points for the current stuation.
Trendline from 2019 will show us direction for next few months I added only 2 new trendlines and 1 fib circle to the chart from 2019 Play my pinned idea from 2019 and played it till end and you will see where are we now
See the details on the Chart. ~Happy Trading.
Hello, #Bitcoin correction isn't over yet. Events Occured: 1- Elon Tweet gave the first catalyst. 2- INFLOW A lot of whales started depositing their Bitcoins into the exchanges 3- Whales started shorting the triggering the short term leveraged investors to give up their bitcoins in panic and exchanges pulled up the Bitcoins leveraged position and panic sell...
Retroactively you can find each cycle tops thanks to trend based Fib extensions using 1 as ratio Will it play similarly this cycle ? Nobody knows But it's projecting $140,000
China Cyrpto ban news halted the progress again for BTC reversal, but still ~42K support is holding it well, I'm still bullish unless the bearish news keep piling on one after the other. " When everyone is fearful, be greedy" - Warren Buffet. ~ Happy Trading
Hello Bitcoiners, If you're still holding BTC, stay strong, we may have a recovery phase soon before breaking out. Key points - Fibonacci Extension level was tested twice and buyers came in, possible signs of bottom. - Next Fibonacci Extension level is acting as resistance now, once we cross ~46K, short sellers will probably not take chances to be greedy. -...
Seems like Correction isn't over for BTC and is struggling to find the bottom. PS: Corrections are much trickier and it's impossible to catch the bottom, so trade accordingly.
BTCUSD has broken its last .786 resistance on its fibonacci retracement. As we can see, back in 2015 the EXACT move happened after we confirmed .382 Fib level. At this point BTC should touch around 20k and have its pullback to .618 at some point after. Anyways, it's been a fun ride so far. Please comment and like.
weekly fibs show we are at a perfect level to turn around. All time high to 3k swing low fib we just hit the .786 3k swing low to 14k swing high is almost at the 1.272 ($16,741)