


Let me give you all the reasons I'm Bearish on Bitcoin where we stand. ~It has now been roughly 90 days since BTC has made a new high; It has never in the history of Bitcoin corrected for this long in a Bull Run and made new all-time highs in the same year. ~Clear deviation from the standard Bull run cycle indicating something is pulling strings on the broader...
BTC is fighting strong selling pressure. I expect a pullback from here. Good probability something like this plays out
If you were a long-term investor or "Whale" looking to find a nice entry point, would this be it? Would this chart absolutely convince you this is the right time to invest? Is it pump time to new All-Time Highs? Are we even near the bottom? There have only been 3 times the RSI has broken underneath 20 on the RSI and each time it has signaled a Bear Market. The...
As we can see BTC has formed a pretty clear downtrend channel. I have previously pointed out potential Bear flags, so I will point out the potential Bull Flag. Depending on how you look at it, this could potentially be a Bull Flag forming. In normal conditions, Bull and Bear flags have about a 60% completion rate. In this scenario, we are looking at a number of...
Pay very close attention to the Levels marked here on the chart. BTC will show strong reactions in these areas.
This seems like a very likely scenario on the 30-minute chart. Let's see how it plays out!
As expected we have broken down from the Bearish Rising Wedge, lets see how well this plays out. I can see a retest of the break before ultimately continuing down but honestly, it might not even do that. Likely target is ~1700 Time will tell!
Perspective is such a strange thing. You can live your entire life seeing things and believing in things in a certain way and in one day all of that can change. We are constantly modifying, adapting, and growing which is what makes our potential so complex and special. What we see with our eyes may not be what's really in front of us. Our eyes fool us on a...
Personally, I see two primary outcomes and a third that the majority believe. BTC is currently sitting at the resistance it seemingly is being rejected from after today's spike. Check my previous idea to see we more or less expected a breakout but what the breakout means is something else entirely. In my view, Option #1 is we have established a range in which we...
BTC here showing us a Bear Flag as well as a number of other bearish patterns. Bitcoin has been ignoring clear bearish patterns for the past couple of days, I don't expect this to continue. I would not be surprised by a breakdown before the third rise to the top. Invalidated if there is a strong break above 36.5k. If we see this, a bullish scenario will take place.
Chart says it all. Judging by this analysis BB will likely break down from $12 and begin to test the $11.50 area sometime this week. BB needs to find support around $11.50 and from there we should begin to see the bounce starting next week. Targets are: ~$13 ~$13.50 This is not financial advice, please always do your own research and analysis. Happy Trading!
Bitcoins movement has been all over the place the last couple of days. The manipulation is clear. Pumping all night, consolidating throughout the day, and pumping all night again. No volume to really solidify the movement upwards. This has led to the breakdown of the Rising Wedge pattern but since then it has now broken back into it. Here we are in the middle of...
Ehtereum looks to be coming up to the end of the road for this pump. This a crystal clear Rising Wedge ETH has developed which is a Bearish Pattern. BTC is pulling a balancing act at the moment after breaking down out of its own Rising Wedge and is awaiting downfall. Over the past few weeks, we have seen more and more of a delayed reaction between BTC's movements...
Is this a dream, inside of a dream, inside of a dream? BTC loves playing with our emotions. It's having a field day with this one. This price action is coming in the middle of the night and furthermore, this is coming off of a confirmed H&S, as well as a number of other bearish patterns. Im not even going to try to guess the direction at this point, I'm just going...
As you have read from the title, I personally see two paths going forward after the 200 MA rejection. This pump was a very odd one given that most of the price action is happening throughout the night and the volume is nothing impressive. It is almost like "someone" is just pumping to trap all the bulls at the top and just feeding over and over. By the chart,...
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The only reason you don't see it is because you don't want to see it. Not confirmed, could be invalidated.
This is an interesting-looking pattern. Gun to your head, life is on the line... what direction does it go? Gun to my head, my palms are sweaty, knees weak, arms are heavy, there's a potential break out on the chart, wheres the confetti? Too bad we have seen soo many Bull Traps already...