Do you remember this 2d chart?! Finally, we have got 2d candle closed at 12500, If you don't know what this means then let me tell you: BITCOIN TOOK OVER THE 2ND BLUE RESISTANCE LINE During the past weeks i was focused on 2 things: there is no daily close below 10k to resume the uptrend and this stood intact as well as to get 2d candle close above 12k level and...
Fractals: If we look to the daily chart we can spot fractals on rsi and macd. Since bitcoin started this bull run price keep going up forming higher low and indicators printing lower low 3-4 times result in Hidden Bullish Divergence everytime. While macd also repeat same fractal on higher level and if we draw resistance line we can expect how the next wave will...
Resistance Line: At least two highs are required to draw the upper resistance trend line. For the descending broadening wedge to be a valid pattern, price action should be creating lower highs. Support Line: At least two lows are required to draw the lower support trend line. Price action should be creating lower lows in order for the pattern to be valid. Price...
Original chart:
See previous chart: 2D Hidden bullish divergence spotted perfectly
Btc is taking resistance one after another like its climbing a ladder!! 1d close 12800 and 2d close 11800 was ugly because btc was expected to reach 12500 range but to shot straight to 13900 is a very good example of fomo after which we dump straight to 10300 with 1d,2d close 11100 which also show another example of fear wicks always happen but not that way As i...
We got daily close we waiting for at 10750, next 2d close going to be more confirmation for me. So btc now formed higher low as well as indicator did cool off a bit and we can see 1hr,4hr,1day hidden bull div ( see below ) Previous idea: Original idea:
We got daily close 10750 then 2d close 10500 showing btc strong above 10k level but after btc went below 10k level again we should wait for the next daily candle close but we are still bullish because indicators now went very low and gave chance to form 4hr hidden bull div we were waiting for the last couple of days which is now very clear on rsi and...
We wont find out the exact count until general 5 waves are completed. But i mostly believe 9100 was top of big wave 1 and mini wave 3 was extended after it we rejected to previous 7500 which was same area close to mini wave 4 at same time we got strong hidden bullish div on 2d chart and after it btc fly straight to 13k so far which is more indicator like i said...
Expect retrace very soon we got bearish div on 1 hr as well as on daily The area between 11400/10800 should not break for trend continuation 2d bearish div as well Original idea:
Correction is not over but its just time for consolidation, We still waiting for the 1d.2d close around 10500 11500 area as we discussed before we should range for a week in this area so indicators get chance to cool off. Since we spotted 1hr bearish div at 13400 we dumped hard then we got massive 1 hr hidden bullish div we reversed 10300 ( spotted just in time )...
After 7800 bullish hidden div spotted perfectly on 1,2d chart 2 weeks ago now its time for classic bearish div on daily confirming rally pause at 12/12500 area in a matter of few days but at same time this is going to be a healthy correction not a crash like everyone calling and the bullish trend will resume in only one condition which is not breaking 10600/11000...
Since i decided to publish my ideas 2 weeks ago to help others because i thought its the time for btc and i am really impressed for how accurate they are one after another. And now like i said many times before that we are in strong wave 3 since from 7800 this wave should take a break between 12/12500 Now btc hit 12900 I also published another idea for classic...
After my last update about btc hit 13400 i told you guys to not get excited especially after we got 1 hr bearish div supported by 1 day and 2 days bearish div See previous idea for more detailed view: So in few hrs btc hit max fomo at 13900 and dumped hard to 10400 area as i said in some previous ideas that I am expecting rally pause and retrace for a bout a...
After 10600 area served as a very strong support combined with 1hr,4hr breakout and hidden bullish divergence, I expect this area to be serve again as support after the current wave take a break for about 10-14 days around 12/12500 area and this very important for one reason which is to continue climbing targeting previous ATH Previous idea: Original idea:
10600 close area respected 4 times. The next 1,4 hr close above 10900 is very important targeting 12/12500 area There is also hidden bullish divergence on 1 hr chart with rsi and macd Original chart:
1 and 4 hour chart show breakout as well as bullish hidden divergence See original idea: