Scenario number 2 : BTC could get ranged for a moment then we could see "Spike" Market Cycle consists of 3 phase : Spike ! Channel ! Trading Range !
Hi communty ! actually i thin this channel is really valid and based on this trend line , there is 2 scenario possible ! 1 - After retesting the 17.5k - 19k support line price starts growing again an the next bull market will start after one good green candle close upper than the WEEKLY EMA 200 ! ( maybe a good place for buying) 2-if the price break the bottom...
Cake broke downtrend an complete a retest from here price can rise up as much as width of the broken channel , then if a break happen arounf 0.0003 resistance we can expect touching 0.0008 again in longterm !
But i think BTC is back in the falling wedge again !
As you see right now Bitcoin touched very strong trend line and also price is on Fib 0.618 ! everything is obvious ! Time to fill up! "NOT FINANCIAL ADVICE"
BITSTAMP:BTCUSD PUMP or DUMP !? Actually Price Action think it is time for Bulls to kill Bears ! but anyway cheers !
1000 Euro in 2008 = 1600 USD 1000 Euro in 2022 = 1060 USD And if you bought 1000 Euro of BTC in 2011 now you would have : 689.65 BTC that worth $20,689,655 ! So Dear Mrs LAGARDE what is the reah shitcoin?!
1000 Euro in 2008 = 1600 USD 1000 Euro in 2022 = 1060 USD And if you bought 1000 Euro of BTC in 2011 now you would have : 689.65 BTC that worth $20,689,655 ! So Dear Mrs LAGARDE what is the reah shitcoin?!
Right now BTCUSD in Monthly timeframe is on very Strong RSI Support ! Last time btc was on this support it jumped from 3500 to 64000 ! so what do you think !? FUDDERS WILL LOSE SO BAD SOON !
Right now BTCUSD in Monthly timeframe is on very Strong RSI Support ! Last time btc was on this support it jumped from 3500 to 64000 ! so what do you think !? FUDDERS WILL LOSE SO BAD SOON !
With this new fixedterm staking till now PS semi-burned about ~74 Million cake tokens ! And also Pancakeswap is going to redesign tokenomics of CAKE token so they can burn even more tokens weekly ! Then what do you think !? ^_- And if we talk technically as you can see price is in uptrend channel and after this panic sell off it is now going to create a reversal...
MY advice : DONT LISSTEN TO FED SEC EU and all the f**king FUD MAKERS ! BTC is the FUTURE and now FIAT is Afraid of IT ! Because FIAT is real shit!
idk why but i think cake made a bullish flag pattern i think these scenarios can happen to cake !
Just found These Pivots by MACD Indicator ! I think this is happening to CAKEUSDT!
CakeUSDT in Daily Timeframe made an double bottom "ADAM & EVE"pattern and broke the resistance line now is retesting the line. This makes it Extra-bullish! Cake has great potentials to jump from here.
As the recent correction end it made higher low Pivot and now put the price in an uptrend channel ! hope see Moon Cake !