I have been preaching that $ICE is undervalued and the Wonderland FUD will die off, allowing $ICE to show its strength. Today, with all the bullish momentum in the market, $ICE is up 17%. When others are fearful, we are brave. My stabilized price target is ~$20-30 range. This means at least a 4x from here. Time frame from the start. has been 2-3 months, perhaps...
We broke the long standing resistance channel and are heading up. Huge volume! Hopefully we can continue this momentum and reach our 0.618 price target at ~44k.
Recently we have had some manipulation in ICE with the yellow X's showing a large amount dumped quickly. This is likely to bring the price lower so that whales can buy back in the mid-high 3 dollar range. Not much sell pressure if you look at the order book. My understanding is that right now, it is time to accumulate and buy so that we can reap rewards with...
Traders and whales are both watching this resistance thats formed since November 2021. Right when BTC's price hits the resistance line, a cascade of shorts and whales dump. Seems like lots of others are watching this line.
We've been stuck in this descending channel for a while now. Strong bear market and the technicals indicate that we are due for a further retracement unfortunately. Expect stronger dips from alts than from the King. HODL.
BTC has been rejected from the resistance line a few times now. It is what is currently holding us back from a technical standpoint. A breakout would bring us up to our next Fibonacci level. Although "the trend is your friend" and thats been downwards recently, a new market sentiment may be beginning to emerge if the bulls can prevail.
Huge resistance line. Once we break we can go up. We will touch this line within the next 2 days. This bounce could be nice if we can get some goo volume. The fundamentals of $ICE never changed so I remain bullish and have bought the dip heavily!
We will break this bullish pennant anytime now. Trend is your friend so unfortunately downwards is more likely from a trend analysis. From a pattern analysis, the upside is more likely to occur. #bitcoin #BTC #Crypto #Breakout
Bullish Pennant forming. Higher likelihood to go to the upside. Lets hope it does.
We must break past this ascending triangle support to reclaim higher prices.
Bullish descending wedge may break to the upside soon!
Could this lead us to our lower price target at ~38k?
Ascending triangle signaling possible bottoming out and trend reversal!
This scenario seems more probable than the last I posted.
We've been getting dumps followed by some momentary relief. Looks like this trend may continue for another leg down very soon to ~40k?
High volume last time was followed by a dump, could this be another fake out?
BTCUSD Cup and Handle formation breakout with possible targets.