


E-x-t-r-a-v-a-g-a-n-z-a
Blue lines are supports, red lines are resistances. The ones that are dotted are solid levels, while the ones that are lined are more powerful & tough support/resistance levels.
In the long run, Bitcoin will eventually reach a 3-figure price. We constantly have 20%-25% dips; I'll make sure you catch one of them close to its bottom next time, but in the meantime be patient. You're late to this one, wait for another dip to enter one of the most volatile/risky assets in the world safely. Even if you work and can't keep tuned every 15 minutes...
Patience always pays off; I hope you made good money with my call :) Follow me for more. Likes are a huuuge help for me! If you don't like I'll get depressed and stop sharing Hahahahaha, jk. But for real, hit that like button Please, or I'll get depressed again :(
Choppiness Indicator points towards keeping a bullish trend, whilst the Skewness Indicator remains in doubt; I will wait till the symmetric triangle pattern is broken to enter my trades. You should do the same, trade wisely.
Bitcoin just retraced from a strong bullish move today, now I'm watching the trendlines closely for entering a long lower. Short cautiously.
We're just about to break the $49k resistance zone. Choppiness Index indicates trend continuation. Skewness Inicator is green. Range Indicator is bullish.
The price has now crossed up our yellow support line. Is currently about to cross up our blue support line. And will cross up our bicolor moving average, which will turn into green once that happens, indicating more upside movement. Once all this 3 price levels marked in yellow are conquered, we'll have a strong upside movement to retest the ATH located in the $58k area
I hope you enjoy my TA. Watch closely for price action. If we get enough volume we might see another ATH. I would wait until the price backs out a little bit for entering a long if I were you. I already entered a long and am currently in profits; my entry point was just slightly above the support (yellow line @ 47k)
We need the $47k support to hold for Bitcoin to continue rallying. The longest we stay above it, the bullish it gets
It looks like the price broke a channel and made a bearish move, but then rebounced at $47,432 USD. Watch this level continuously. If we break it we might see a strong downside to $44k, $42k & $41k. As of now, I'm bullish and will watch closely for entering my second successful long of the day.
In this analysis, I provide the support and resistance levels, so as the 2 ranges we've been doing lately (one bearish, one bullish), being the last one a channel we could follow
As we all know, cryptos are one of the most volatile assets out there (e.g. Einsteinium). To avoid trading against the general trend, or even trading when I shouldn't (overtrading), I use the Choppiness Indicator. The Choppiness Indicator is a directionless indicator, so it doesn't go up or down regarding price action. Nor it predicts future movements. You read it...
We're in a strong resistance point The trend is your friend, so in a macro scale, I'm bullish in BTC But as for right now, watch for a breakout, a pullback or a retest of this price area. Patience is key
This little bull-run is partly due because of another Microstrategy massive buy and some Citi bank news Wait for a confirmation for going long I'm long in the mid-long term Bitcoin is bullish
≈$46,600 & ≈$46,800 As we can see, the latter is the strongest one After breaking those, we will get back to $50k if we go past $48k (another resistance)
Please see my newest idea for more info There is a strong resistance above It will get interesting...
From my perspective and kind of analysis, my chart indicates that the bottom was touched and now the bull run will continue My trading style might be different from yours, so be careful when taking ideas from TradingView to trade I beg you use them just as thesis validation and nothing else! Trade wisely
I use 1:5 leverage Let's do some quick Math :) 1 ÷ 5 = 0.2 0.2 x 100 = 20% This means that if you enter a leveraged (1:5) trade, you can afford a 20% downside from $45k or $44k ($36k & $35.2k respectively) NEVER OVERLEVERAGE 1:10 leverage is my MAX for swing trading (the kind of trading that lasts a few weeks, months or even years!) And yes, I believe the previous...