SamBlue

SamBlue

Recent Downtrend: The price has dropped from around $99,000 to approximately $86,000, indicating significant selling pressure. The Kijun-sen (red Ichimoku line) is trending downward, and the price is below the Kumo cloud, confirming a bearish trend. Ichimoku Cloud: The future cloud (Senko Span A and B) is wide and bearish, indicating strong resistance at higher...

SamBlue Updated 

Hello traders In the past few years, I have experienced many ups and downs in the market, but I can confidently say that the manipulation of the market was visible in these two days, which is sure that a large amount of money was liquidated, and probably not all can be blamed on the bears. This fall in this size and extent and the way of candle making and bear...

SamBlue Updated 

Hello traders Considering the strong drop last night and the almost strong return to the $18,200 area, we can hope that the downward trend is over for now. Due to the formation of a powerful area at $19,300, I expect that we will have resistance in this area and due to the conditions of the global recession, we will probably have a suffering market in the coming...

SamBlue Updated 

As you can see, the chart is going down towards the bottom of the channel. On the other hand, the Head and Shoulders pattern is formed. The next point is the strength of the four-hour candles, which are not able to fill the price, so the fall again is certain. Of course, if we also count the waves, we will reach the same conclusion that the C wave is forming

SamBlue

Usually, in rising markets, a series of extremely optimistic people suggest all buy positions, but we must not forget that there is always a correction. The next point is that the Bitcoin chart is still bearish and there is practically no way for the price to go up Finally, according to the indicators and the chart, I expect more losses for this currency. TP1 :...

SamBlue Updated 

As I expected the price has been returned to its major resistance range of $ 40,000, at this point considering the current candlestick position and being in the cloud as well as the RSI position I expect it to come out of the cloud with a powerful candlestick And we will have a price increase of at least 42,650, and if, incidentally, or rather, no other crime is...

SamBlue Updated 

Now it looks like the correction is over and Bitcoin is at the beginning of the next wave towards the resistance line at $ 45,800 Of course, it is possible that this correction will reach the edge of the cloud once again and then start to peak, but in general, the price trend is increasing. So I'm waiting for the following targets TP1 : 45800 TP2 : 48000 TP3 :...

SamBlue

Well, given Putin's criminal attack on Ukraine today, we experienced an unforeseen collapse. And given the return of prices from the trend line, Bitcoin again proved that it can be a safe currency. In any case, according to the indicators and chart conditions, we have basically no obstacles to price growth, but due to the special conditions that prevail in the...

SamBlue

I think this is a bull trap In my opinion, the price goes up to the level of the descending channel , but to raise the price after $ 50,000, you have to comment at that time , On the other hand, in the RSI chart, we see excessive sales, which in itself can increase prices but for now, in my opinion, this is end of the descending market Because the bottom of the...

SamBlue

We have finally reached a critical point, at this point if the trend crosses the line and leaves the channel and maintains this position in the daily time frame, soon the market will go above $ 52,000 and then to 62 and above. Stay tuned for new analysis Be profitable

SamBlue

According to the evidence, the market is in a state of suffering and fluctuates between 46,000 and 52,000 Good movement has started in one-hour candlesticks, followed by four-hour candlesticks If this time the candlestick comes out of the four-hour cloud with more than half of the candlestick's body, it is very likely that the downtrend is over. Wait for new updates

SamBlue

Given the candelabra position for the short term, we will definitely have an upward movement, but to cross the $ 52,000 mark, we still have to wait for the market signals to rise.

SamBlue

According to an old belief, when this happens today, and today's candle can cover over 50% of yesterday's candle, it is the first sign of an uptrend.

SamBlue

Given the position of the candlesticks and the creation of the first higher floor in the hourly chart, the situation is such that one can imagine the beginning of an upward movement. Of course, the uptrend can not be confirmed with certainty until the daily and weekly time intervals are determined, but if we are optimistic, we may be able to announce the end of...

SamBlue

as you can see in the chart BTC is very bullish and the Targets are : 51500 , 52000 , 53500

SamBlue

Well, given the position of the daily candle, that was able to fill the candle of two days ago with more than fifty percent of the volume, as well as the weekly candle that was closed with a hammer and given the fractal and wave count, it is possible that the fifth wave And we will probably see $ 72,000 in the next two weeks Another point is that the downtrend...

SamBlue

do not forget the fractal

SamBlue Updated 

See also the previous post of this double bottom. This could also signal the end of the downtrend. Please see the previous post. Be profitable