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Priceprediction

May the Support Zone of Steel Keep The Price of Bitcoin!Currently, we are all aware that we have broken the 50-week simple moving average. The result of such a situation, of course, results in a contact with the lower moving average, so I am talking about the 200-week simple moving average as the target. But this goal does not have to come immediately. As you know, we are experiencing negative situations in BTC parity with the crash of global markets. In the event that upward movements begin in the global markets, it is not even sincere that we will break the falling wedge formation that we are currently in. In any case, I am sure that everyone shares the same wish with me. At the same time, we should not ignore this in the case that there are two separate ABCD setups with different goals in our falling wedge. The status of the Relative Strength Indices at different time intervals and even the positive inconsistencies in these indices give us hope. And what's more, we know that the falling wedge formation is a bullish formation, which should not be forgotten.
by the6ylal
Possible Price Actions in Inverted Symmetric TriangleEven though we show a fake break out of our current inverted symmetrical triangle, we continue to stay inside the formation. If BTC shows the required performance, we break the price resistance at $43.5K and then after a re-test period, we will first start our journey of $47K and then $52K. We are in a tangle of movements that will cause us to think that we will be in this pricing process in the medium term. My completely non-technical prediction is that if we reach our target of $52K, market maker hidden hands can take BTC to a price of $56K and slightly above to burn the short positions that will be opened at this point. Afterwards, our $22K process will inevitably start and we will make trucks of money from short positions.
Long
by the6ylal
Possible Misleading Price ActionThis futures market you see was fake out 2 times before and received a reaction, now there is a possibility of a fake out again. Either this graphic will work or bad slaughter will come... When we look at the monthly chart, we are momentarily below ma20/M. If we see that we are closing below $40.154 at the end of the month, even 22K would be optimistic. Strong support and ma100 crossing $10,794. In principle, when one moving average is broken, the price moves to the other moving average; The closest moving average, ma50/M, is crossing 20,637. So my fuck scenario was that our monthly ma20 was broken and we walked to ma50. But not now, please not now....
Long
by the6ylal
Price Prediction with Possible Support and Resistance for BTCIt seems we are in a megaphone and according to the fibonacci replacement we should not break our support area. For the bullish expectation, we definitely need to go above ma50 as soon as we take the 4-hour timeframe as a basis. It is inevitable that the Megafon lower band of $38,500 will come in a possible support area breakout. In the positive scenario, if we can rely on the instantaneous appearance of the stochastic relative strength index, our journey to the $43,000 resistance will continue with the support we will receive from the fibonacci golden pocket level.
by the6ylal