When you use longer time frames, more patience is required for the play. We've seen since Early 2022, the price started forming a Rounding Bottom. It completed on 7 March 2024. Then was the consolidation period where traders are freaking out and calling it the next Crypto winter. But in the bigger scheme of things it's just where demand and supply is...
Bitcoin is currently testing the lower boundary of its previous trading channel and has, thus far, successfully found support. The initial target for an upward movement is set at 43'500, which not only represents the channel's midpoint but also aligns with the 200 SMA, adding to its significance. Should Bitcoin manage to break through this key level, the next...
To the East it's Monday now. To the West it's still Sunday afternoon. Bitcoin is out of the descending wedge which the first try out of 0.236 ($29,576) have been rejected. And now basis on experimental Blue Diamond drafted. We shall see how it goes from here and how accurate can this Diamond Pattern be utilized on macro 4H Chart. Usually I would use Diamond...
I ve been experimenting with charts for 2 years now to find the right chart to do my BTC buying. What a surprise when I found the USD/BTC chart which, in my opinion, removes all the noise from the BTCUSD charts. What you are looking for when spot accumulating BTC is to have the wind blow from your back. that ignites the bullrun. In other words, when USDBTC is...
Potentially we can reach liquidity zones from below to eliminate all stop losses of long trades that were opened in the yellow zone, after that a strong upward movement is possible. The vision is the same, in May - April we will see the local peak of this movement Technically, the market is doing very well. We trade the market 60% + of all money in stable...
Reverse Cup and Handle is a rare formation (probably one I made up). But since 2003, I've seen them line up and they act just like a Cup and Handle. The price has officially, broken above Brim Price >200 - Bullish (Green background) RSI (through the roof) (Green background) Target $30,593 Bullish - Medium term There is still a lot of recovery to take place int...
This would likely be the last promising chart of Bitcoin on Bitstamp Version for year 2022 onwards as I ain't continue subscribing no more. Package plan ending in early October, unless there is sufficient incoming crowdfunding for it. Only then the publishing of my ideas here will continue. In year 2022, I haven't been publishing chart with 75% accuracy since...
looks to me like we have some confluence with the fib .5 (118)region along with the bull flag target to about 124, Also just looking left at past action in 2001 it topped out in the region so I would expect some volatility in that zone.
waiting for breakout small bear flag chart pattern, this will be seen more clearly on the 15m time frame and still wating for brekout big chanel chart pattern on the 1h anything can happen to the market, I don't want to take a big risk for this trade so I'm still waiting for confirmation (breakout) no matter where it moves #safeyourmoney
Happy Sunday Traders, Investors & Gamblers 😃 Here you can see the current trade that I entered due to the strong recovery and reclaim of the 19.300 support level from Bitcoin, after a brief crash provoked by the CPI Report. A very similar trade from my last two that I posted here: 1 from June 30th that went 19%+ 2 from July 12th where I broke even today...
Price held with a small but steady bounce right at the 300W MA---a support many Market Markers have been eyeing since the 200W MA was broken in BTCUSD. ETH showed an even stronger interaction with the 300W MA support. As well, we see a Bullish Engulfing Candle at the bounce, which has also appeared in BTCUSD, signalling a reversal. This is a promising signal for...
Sells Here I have provided a short/long term sells positions on BTC. We are still in the bearish market and unless it brakes all previous zones I lined out on my previous post you should look at. I personally wouldn't want to buy here until I see some good support for it to go higher. Buys For a buying purpose on BTC we would need to really see it push...
This is how much TESLA actually worths. Market correction continues until the late this year (until TESLA returns to its pre-bubble value). Red TESLA makes entire the market bloodbath. ByeBye richest guy!
BTCUSD H4 Thinking we may see another downside wave in the Crypto space this week. Seeing some higher highs and higher lows, but still trading south of $30k as indicated. Until we break back above $30k and use this zone as support, we can assume bear bias. No real target in sight though.
We can see the price consolidation is showing the reversal price is almost over, lets wait until the price breaks the resistence level, to see a nice uptrend in action.
iam idea to mons long position very god trade BINANCE:BTCUSDT is best chart
As predicted a temporary down fall for USD against CAD, Now it's time to buy USD and sell CAD. 1.29 is expected.