Daily alalysis _ Btc bullrun?As mentioned in the previous analysis
Bitcoin crosses the ceiling of its short-term bullish channel at $18,300 (orange circle)
It quickly moved to the next resistance lines and crossed the $21,000 resistance line within 2 days.
And by continuing to climb, it is being traded with a 25% growth in the range of 23 thousand dollars.
Probably, if the rise continues, the price will go up to the resistance range of $25,000 and we have to wait for the reaction to this range.
In the same period of time, many altcoins such as Ethereum, Ripple, Litecoin and many other currencies saw a growth of more than 20%, but the biggest growth is related to a number of Metaverse tokens such as APT, which has grown by 420% since last week. It is currently trading at the price of 12.5 dollars.
Bullrun
BTC 3DAY BOTTOM THEORYHere I outline my Bitcoin bottom theory, using the 3day chart and the 300ma and 300ema.
When 300ema crosses bearish over 300ma we see consolidation below (bottom), and once the 300ema crosses bullish over the 300ma, we see clear start to next BULL cycle.
What's to come next this cycle? Drop comments below! Thanks for watching and thanks for your time! Please like and follow for more ideas.
This is it, folks! BTC has to make its mind!Bitcoin's future depends on whether it can successfully flip the 200 WEMA/WSMA. If it is successful, it has the potential to reach lower 30 thousands (targets are mentioned). However, if it fails, it will dump hard. It is crucial for the bears to take action or risk being overtaken by the bulls.
Chain Gang mount up!Looks like link is sizing up a potential pump against both the USD and ETH going into january. Thinks look good on the daily and we will look for a bounce of the trend line on the lower timeframes before pumping any hard earned dollaroos into this bear market. RSI is also oversold on the daily which is adding layers to what looks to be a nice setup. onwards, and as always this is not financial advise, so its not.
GBPUSD (Cable) H4 Bullish Outlook! Will this happen next?The GBPUSD currency bullish force looks good for the coming week. The GBPUSD pair price seems to have cleared the minor resistance levels 1.2120 and 1.2140 and retested the same. So, we anticipate the price to continue to rally to the 1.2420 and 1.2450 range.
There is high-impact news that may effect significant price moves in this new trading week. Notable, among them is the Claimant Count Change and CPI data report in the UK which surely impact its currency the British Pounds GBP.
Also, we expect the US to release reports for Empire State Manufacturing Index, Retail Sales, Core PPI, and others.
With the expectancy of these data in the new week, the GBPUSD pair is likely to see high volatility.
Please me know what you think and follow up for more updates this week.
Potential start of the bull marketFOREXCOM:SPXUSD
As of 01/16/2023, I believe the birth, or first sign of a potential return to bull market to be today. In the process of reviewing ema, macd, and cycle based indicators, we should see uptrend begin to take off leading back into 4300 by February '23. This can all change with fed's taming of inflation, or any external circumstance. But if trajectory remains strong, we should have a confirmed uptrend by start of this February. Refer to the 2 weekly chart, as this is the core of my thesis for the return to bull market.
BTC. Is that was bottom? Ready for a LEG UPWhy such sentiments.
The monthly stochastic is oversold. At 4 h, a double bottom is possible.
On D1, if the double bottom works, then the scheme with inverted H&S will probably work. Which can be considered if zoom out chart. Overbought on the D1 chart as a whole with a strong uptrend does not say anything. You can look at the last bull run. I don't trade by patterns. I'm more of an Ema trader. But you can find reversal patterns on 4h/d1/w1 on almost all alts.
Also, dxy is in approximately the same conditions relative to the EMA as in July 2020. If I'm right, then this is the bottom and an interesting trip awaits us. If not, you can throw bears hats at me. I will sell them and with this money I will be able to survive until the next bull run.
BTCUSD Most bullish thing happened since 2021 November!Hi dear community and my lovely followers.
I was waiting for weekly candle close to update some ideas.
Pay attention to the charts nobody is talking about. This analyses proves all my " BTC bottom was in" analyses published since 2022 June.
Let me emphasize some important things.
1. First time since 2021 November BTC weekly line break chart candle closed green. Every time when it happens BTC Bull run or huge rally starts.
2. BTC broke weekly falling wedge and retested it successfully.
3. Weekly RSI bullish div. broke multi-months diagonal trendline.
4. Weekly TSI crossed bullish with bull div.
All above mentioned things are super bullish, The only thing I want to see in coming days BTC breakout above 21.5K level with confirmation making new High.
Let's follow and see it will happen before retrace to 18.5-19K level, or after pullback.
Don't forget to like my ideas and follow me , if you want to see new updates.
Crypto Bullrun scenarios based on DXYit's highly depending on FED Interest rate!
I think we have a correction from orange box and about 12 months before BTC having, crypto main Bullrun will begin (Blue Brush).
maybe it can make double top pattern and shake off crypto before real Bullrun starts.
share your opinions with me.
COMP BULLISH SOON, LARGE MOUVEMENT INCCOMPUSDT 1D,
After forming a DUMP RALLY scenario, we have tested the base and went for a large mouvement to the upside. Currently retesting the neckline of the dump rally, and the resistance of the parallel channel, we will either see a rejection from here and pullback a little bit to the downside.
But if we break the parallel channel, we will go for an amazing mouvement to the upside.
THIS IS THE LEVEL TO WATCH IN XRP!The .4068 level continues to be the level to watch. If this level breaks then the theoretical 'flood-gates' could be unleashed upon the rapidly diminishing supply of liquid XRP. If the price declines look for buying opportunities that correspond with your investment strategy and add to your positions accordingly.
BTC ALERT, IMPORTANT LONGTERM MOVEBTCUSDT 1W,
as you can see we have formed a downtrend on the RSI starting from January 2021st, bitcoin went to hit a new all time high at the price of 70k but the oscillator still formed a bearish divergence and failed to break the downtrend, recently we could see that the picture has started flipping around the resistance of the oscillator downtrend, candlesticks are forming lower low, RSI is showing higher highs, we could see a bullish divergence, we are currently retesting the resistance of the trend, we will either see a pullback down and another bullish divergence before we break above, or we simply go up from here.
We could notice that on the lower timeframe and starting from June 2022 the candlesticks has started forming a falling wedge bullish chart pattern. I smell reversal soon, we are most likely going to bottom around the price of 12 - 13k. Stay tuned for more information!
Bitcoin, END OF PUMP SOON (?BTCUSDT 1D,
We have been down-trending recently, broke a structure to the downside, recently we have seen a LARGE mouvement to the upside out of no where, we have filled point of interest, and 0.618 Fibonacci, soon we might liquidate the longers and continue going downwards until we retest the monthly level of support.
Share this with your friends! Stay tuned for more.
IS THIS THE START OF THE BULL RUN?Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome to this chart, Do not consider financial advice.
#BTC
BTC is breaking out of this ascending triangle and also trying to break this symmetrical triangle pattern.
All these confluences are showing bulls are back in action, and we'll witness a strong bullish rally in the market but RSI is in over boat range.
For more conformation, we need a conform breakout of this symmetrical triangle pattern.
Analysis
- I have taken fractals from the past, 2019, from historical price action that we refer to as an 'echo bubble'.
- According to the fractals, one possible scenario is that we tap $14k, before making a 100% move up to $28k.
- This would be a completely reasonable trajectory to have in mind, considering that we have seen a case for Bitcoin moving from $4k to $14k
- Eventually, we would peak around the summer of 2023, with everyone thinking that the macro bull market has resumed.
- Personally, if this speculative scenario plays out, I would revert back to holding a massive cash position until the dust settles again.
- People, including myself, thought we'd never get back below 20k, and here we are now, with people calling for $7k.
Comment your view in the comment section and stay tuned, I will keep updating BTC in the different time frames.
This chart is likely to help you make better trade decisions if it does consider upvoting it.
I would also love to know your charts and views in the comment section.
Thank you
Weekly rsi bullish divsBoth the BTCUSD and BTC/US30Y charts are showing weekly rsi bullish divergences. Also, massive flip of the Squeeze Momentum soon.
Going to long to $GBTC, $SI and $COIN.
FINALLY Bitcoin 36K test soon??June of last year I published a post about bitcoin and the possibility of a coming bear market rally to 36k once the 18k support level finally broke down (approximate).
Well the first week of November this occurred and although we did not get the deep capitulation we would have liked to see, we find ourselves in an interesting situation with the new data we have now to go off of.
The primary piece of information being that of getting back above 18k after a failed attempt a week or so before Christmas. I did not post anything at the time of that occurring because I was not sold on the idea that it was legitimate. But fast forward to the middle of January and on the weekly chart of Bitcoin we now have not only the break back above 18k, but also classic bullish divergence showing on the weekly RSI indicator.
And if we look at the weekly RSI we can also see that there is A LOT of room to run to the upside after consolidating for SEVEN MONTHS after first going oversold in June.
And we are now getting confirmation of this bullish divergence that we were patiently waiting on by taking out the 18k resistance level and now attempting to close back above it.
Keep an eye on the Sunday close of this weekly candle on Bitcoin. As well as the coming US CPI data that is going to be released tomorrow.
If BTC can hold above this 18k level, there could be a major move to the upside that could take us well past the main target of $36000 on Bitcoin.
Meanwhile, the short term first target for this asset (if 18k holds) would be $21500.
IS HISTORY REPEATING? BITCOIN 2021 - 2017 Bull FractalAre we on track? Are we moving? Is the top actually near 158,000 USD?
Given the market sentiment and Taproot, it may be worth to just publish this chart. Will the MM find it and say "He sold?" Or "He Bought, Dump it?" No one knows. What I do know is we are in a bullrun this year. It is not a bear market. I am confident to match a 2017 Fractal i've been through before. If this happens, BTC is headed to a modest 76-78K before a HARSH December dip for 61.7K Level. This might be a short squeeze temporarily on waiting bears. After that we run it up to 102-104K and then down to the 80K region before pushing back up. If this fractal is current, we will top out at BTC 158K in February 2022. BTC Market Cap will be 2.5x it is to this date by the top of the cycle.
Whether 2022 will be a Wyckoff Top, or not, I believe it will not be the case. We should have a parabolic run, however I believe we may actually have a similar price action in 2022 as 2021. The slow rising in the Crypto community started last year. We should do this year after year similar to the Stock Markets that last for years on end.
Please tell me your thoughts.
I am not a financial advisor. Just someone who looks for possible patterns. History repeats itself. Why should this year be any different?