Ctypto
Are we going TO THE MOON🚀🚀🚀 or dumping to 6000?💣💣💣Good evening, guys 👋👋👋
Here is my optimistic forecast for bitcoin)))
On the hourly chart, the mother of the cryptocurrency has broken through the support level, and is heading for resistance at 7982💸👌
Do I believe in my chart? There is no exact answer. Bitcoin is a very unstable coin.😀😀😀
But I believe in it! I And I suggest you to do the same)
What will happen to bitcoin tomorrow - we'll see)
Stay with me!🌹🌹🌹
your ROCKET BOMB💕💕🚀💣
Bitcoin: This is BottomChart is self explanatory, but what i did was narrow down specific parts of every bull cycle and compare/contrast them with previous cycles. This ended up producing an almost perfect fan-like pattern.
Areas I focused on were:
All time highs (ATH)
Bullish channel support and resistance
I found that previous channel resistance is new channel support and previous channel support is new ATH resistance
MASSIVE BTC LONG|NO COMPOMISEIt’s time to talk about Bitcoin, out bread and butter.
So, we are apparently in the beginning of a potentially massive push way up.
The BTC is out of the massive triangle formation finally and was also able to hold the support line, so that we know it ain’t going down any time soon, below the support line.
And so the only way is upward and the only limit is the sky itself.
And even though I don’t believe the move is to be more that 3000 points, it has got some DECENT potential with a great risk reward right there, which is, frankly rare for crypto.
And the time to get in is NOW. In fact, it is just perfect!
So, guys, if you are interred, go long NOW, put your stops right below the support line, coz if it gets broken, the idea is no longer valid.
And wait. Wait till you feel that the mkt sentiment has changed.
Be safe, be good, I’ll talk to you later!
And, as always, like, subscribe and share your opinion in the comments.
(4H) BTC Ascending TriangleBitcoin has been ranging between support at $3,960 and resistance at $4,000.
In the last 7 Days:
$3,960 support has been wicked 11 times and had 1, 4-H closes below it.
$4,000 resistance has been wicked 15 times and had 5, 4-H closes above it.
Ascending triangle set to play out on March 25th. RSI reset on almost all timeframes. 20D MA acting as strong support.
Still Long.
BTC Still Healthy on the 4 hour. BTC Bulls saw a break yesterday after days of weakness but have yet to see follow through on the 4 hour with a higher low and higher high.
We need to see bulls follow through with this to zoom out to the daily and look for a lower high there.
Still back testing and trying to cling on to 4 hour EMA support. As well as closing in on a 4 hour EMA 12 and 26 bull cross.
It will be a red flag for bulls short term if we do not see a continuation move breaking the high of yesterday.
Clear lower highs on the hourly will have to break for bulls to shift consolidation momentum.
MFTBTC IS SECOND WAVE COMING?Hello guys. MFTBTC may start 2nd wave soon. If it closes a candle on the ascending triangle it is highly possible to reach our targets.
I wrote down all my notes on the graph. Please make a comment to improve my ideas and charts
Thank you for reading and wish you have a profitable day.
ETHUSD analysisHello my Crypto friends, BITFINEX:ETHUSD seems to be consolidating here. Any sideways move here can prove us one more down move. So keep an eye on it, be patient & trade with care!
REMEMBER THIS: I'm only interesting in buy, so i won't take that breakout. Don't sell before you see sideways move!!
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Bitcoin - Buy or not to buy?Usually when there´s a correnction upwards in this bear market, I am not bullish . No, it´s too late. But could it be this time otherwise? Let´s see the chart:
we are moving in a downtrend which is bordered by those orange lines. As you can see, the price is already almost on the top, so USUALLY I would say: look for reversal here or up to 7800. We are on a huge rezistance right now. Definetely don´t buy, it s nonsense.
But I don´t. Why?
Because just check the chart - we have finished a cycle of 5 elliot waves, last time this happened ( by the low of 6000 USD), we went up almost 100% (to the top 11 750) before we continued in correction. That was the famous ABC correction. And now we could face that also.
I am not awaiting 100% again, because the market wasn´t so drastic even on the downside movement. So my call is the resistance at 9100 USD. In my opinion we could end on that one and actually continue the downtrend/make an uptrend/whatever, we´ll see.
But important for you in this moment is - don´t go short, it´s definetely not safe.
I am not saying that the market can´t reverse again and continue to 6000 - in that case, it would be an elliot wave failure and we can´t do anything with that. But I don´t think so.
Why? simply - The market is simply exhaused of the downtrend already. I see people losing faith in cryptocurrency, I see such comments like "I am selling the whole portfolio" all the time. And who buys it? WHALES. Yes, I am awaiting the market to be pumped much more now.
Have a great trades
Bitcoin :- 4hr Chart Analysis A considerable fall has been seen on BTC all the way from first touching 9k now back down to 7800 levels.
Points to Keep in Mind :-
1.A Possible Higher Low is still in place unless we break 7300.
2.The next higher high target has been reduced to 9600 due to the new higher low at the moment in place.
3.A break of the trendline is key to see any further upside.
4.Weekly Support of 8024 is Key and that is what i am holding out for.
5.PRICE + RSI DIVERGENCE + DOWNTRENDLINE IS VISIBLE ON RSI.THIS WILL SHAPE AND DECIDE WHAT HAPPENS NEXT WITH BTC.