BTC weekend sale is going to be over. This weekend BTC followed the correction movement and now is very close to the strongest support level of 31000. This fall was due to several reasons. The anticipation of some traders for a “Cross of death” that may show a signal from bullish to bearish trend. More news for another ban by the authorities of the Chinese...
As I said in this chart Bitcoin is likely to resume its slow rise after a small drop. So in completing the last chart, I used Andrew's fork to take a closer look at Bitcoin. And finally, I would like to draw your attention to the existence of a promising positive divergence in Bitcoin ... I hope this analysis comes true. Do not forget to like and follow ..
Some ideas on BTC this weekend. This week byers did not manage to continue the growth of the BTC price. Yesterday, the price reached a local maximum at 38432. But BTC probably can break through the trendline in the near future and update the local maximum. Scalper Season analytics have an idea that there is now 2 pullbacks to fefuel before BTC will open the new...
like always: Everything can be easily understood from the chart If you agree, do not forget to like and follow... best regards MrVp
A birdy once told me to buy amongst the fear and the chaos. Although we may see choppy markets while consolidating I do believe this is a low for BTC and has a high probability it will bounce after grabbing liquidity from the demand zone. This should bring some of the major alts back with it & ETH. Do not panic sell! Do not be scared! That energy news FUD from...
BTCUSDT broke three trends in the last 7 days. The closest horizontal support I see at $ 45,000 (-10% from here) but not all is lost. There is a good bounce happening that may allow us to make a third trend reclaim, plus we are bouncing off the 100MA and 100EMA at $49,500. We can see that in the previous market cycle of 2017, the 50 Day MA acted at least 6 times...
Hello everyone, I am trying to give a hand to others that could be stuck in indecision. Consider that anything is possible, check the end of the last 4 months(Options), check the indicators(Divergence), check support zones, check Rising Wedge. Trust True Intuition Take(Do not Pay) Attention to fibb retracements, resistance zones, buying interest, volumes and...
That's how I see the picture. Great time for renewing ATH's :) Road is open. Crucial moment is to pass the local resistance level and keep it above 56k. Otherwise a retest of 54k is going to happen more likely. Good time for alts coming as well. Taking a closer look to ONT, ALGO, TRX and coins with the similar graphs. Trade smart and don't forget to fix the...
We have a very strong resistance that has formed around the 48k Region - there is demand for BTC at 44-50k. We are still in a bullish trend, pullbacks are normal and healthy. What do you think?
Similar wedge setup to summer 2017 - this was one of the biggest shakeouts before BTC went truly parabolic. A highly visible wedge like this will often not yield great investment returns as everyone is watching it. A break of the lower end of the wedge would bring long term "end cycle" rhetoric and convince many away, although long term BTC should continue its...
40 - 48k is needed for 3rd wave to reach 85k -100k imho.
Hello dear friends. First, I want to congratulate everyone on the upcoming New Year and wish you: - Healthy body - Healthy career - Healthy thinking - Healthy relationships - Healthy bank account Now about trade. My previous trading idea didn't work. It could have been closed at breakeven, because everything indicated this - but a mistake brings a...