clear graph. just wait until price hit green average line. only critical moment is when real economy crashed and what bitcoin will do when it happens. Could be crash when btc is on the green line and btc will be see as a save haven.
the way I expect btc will follow. the 20k support zone is not properly tested yet so this is time to test, make a bottom and prepare for a new high. thanks for liking this idea. comment by questions.
People asking me what's next for BTC. I Believe the price will hit the street level of the Bull. So around 19/20K. Because this level hasn't tested yet. And then up again. good luck. I've posted this idea a year ago already, it's following the line properly. Press play for lol.
A very small TA on this sunday. We can see that the price has almost formed a cup and handle pattern. If the cup and handle will break out the neckline with good volume, the target must be 1500 above it. So that's above the multi year resistance. Good luck
Hi, In front of you the daily of Bitcoin. Several times it touched that "long line" and hit an higher level. Two days ago it touched it (10th may). If it breaks the 9400 level it might be a long untill 10300 and will hit the multiyear upper level of the big triangle. If it fails the long line the price could fall hard. Good luck...
This is an exiting day, the halving. Ok, only take a look at the blue lines, the circles, the arrows and the blue brush lines. And right now we a fight or the price will be above the resistance line or below it. Both situations give a big result up or down. Pump or dump. If it will be up we'll prob hit the upper level of the big triangle of the past years....
Hi, Thanks for reading this idea. We can clearly see the line that has been triggered last days / weeks. I expect that it will be triggered another time. This will result in a break up or a break down. A good break up will be confirmed if the s/r line will be tested succesfull. but..... A break down will be discovered by a negative divergence on RSI........
Hi, This is my long term. Graph tells the story. The possible pad zoomed in:
Above the crypto total market cap, so btc and alts. We can clearly see that if the horizontal s/r line has been triggered big moves are upcoming. The coming days / weeks big things will happen in the cryptospace. Which way it will go, we'll soon know.
Right now the price stucks in a triangle. There is nothing to say about the outcome because the coming halving. But for me is it a long by a breaking the upper level. short by breaking the lower level. We can calculate what the targets will be, but I'll not do it because the uncertain situation. But my feeling is it go to 10k by breaking the upper level. For...
Bitcoin is in a triangle right now. Upper level break means long Lower level down means short Good luck
Hi, Back again. Here you are. A big h&s pattern right before halving. Well planned by the bulls. Good luck. Check also my long term about Bitcoin:
In front of you the weekly of Altcoins market cap. Since start 2018 we are in the big triangle. This is a big one, with several resistance lines, so it's difficult to make a realistic forecast, I'll give it a 50/50 chance. Triangles are actually an continuation pattern so will break mostly "trendwards" A very possitive thing is that we broke the boring...
All info provided in the chart. XRP just break out the big wedge we're in since jan 2018. Targetzone calculated based on first high and first low in the wedge. Good luck trading.
I'll expect price will be on short term as low as the circle, the place where some s/r lines will cross. That's the bounce area for bitcoin. After that, most ideal setup before halving is an easy on climbing price, as drawn. Check also my previous idea's linked below
In front of you the 4hr graph of BTC. We can see clearly a bearish wedge, confirming by little bearish divergence on rsi (black lined) Big chance it will break downwards for a small correction, if it breaks upwards be can see big moves again..
Hi, Since halving is incoming for bitcoin, bulls are making moves for a good price to buy big again. I think that's the mean reason of falling price. Orange diagonal line is the multiyear support. We are close to that one. I've mentioned some important area's in the chart. I think bulls are planning to buy big before the halving. Therefore was a sharp buying...
Hi, See my previous idea also about btc, linked below. If BTC is strong enough to break te downtrend this will be a possible way to do it. inverted h&s formation. He could always make a double bottom and then go up. A tripple bottom is actually a inverted h&s. Watch out, if it breaks the orange support line, 3k-4k prices are very likely.