We just gone through a short dump of BTC. and I made an entry at the yellow line above (66513). This is a Fibo based on the trend. In this chart it is good to make entry if btc closes a candle below the red line (0.236) so I preferred to target the 0.786 which is the Blue line. Now, In the worst case BTC might dump to Fibo 1 (56000). BTC crashed to 0.5 (62000)...
My Ideas on how Alice could go to test the 15 USDT resistance! which is the Golden ratio of Trend based Fibo: 1. BTCDOM(orange line) is at a huge resistance around 1200 area and I expect it to break below the consolidation area. History repeats! 2. DOM rejection leads to an Alts bull run and Alice is going to use this chance to pump to 15USDT resistance. If it...
BTC + BTCDOM + ETHBTC = Best strategy to analyze or forecast the upcoming Alt season. Why do I think ALT season is just around the corner? 1. Higher Low is being formed by ETHBTC(Orange line) after support being found at 0.06 sats. 2. At the same time, BTCDOM(Blue) has formed a Lower High which can be considered to confirm as we are about to witness an Alts...
Seems like Tfuel rejected to break below the EMA200 resistance the entire day. Looks like the support is still strong unless or until it closes below. I will target the 0.42 level it may retest in coming hours. MACD crossing over which confirms the bull trend. Happy trading!
BTC is trying to outplay the dollar index which was a great sign to the crypto world. We saw that with an incredible bull run in most of the Altcoins! Now BTC is forming a Head and Shoulder pattern which is bearish, BTC stays above the EMA10 which is bullish. MACD cross over above predicts an uptrend but forming a bearish divergence BTC may go to retest 60K but...
Hi guys, Hope y'all having a great weekend. this time I came up with something different which is most important everyone misses to keep an eye on! I'm comparing the DXY ( Dollar index ) with the bitcoin chart in the 4hour Time-frame. As shown in the chart Dollar index was very week and dumping like hell from the 103 level. BTC , XAU ( Gold ) had a great time...
Hello guys, As we discussed in the previous analysis, the EMA200 on 4 hours chart was broken and BTC is looking to break above but at the same time one should keep in mind that the DXY (Dollar Index) keeps growing which is very risky indication to long on BTC. If DXY will break and close above 93.5 it is no surprise to BTC dumping below 50K level. So pls keep an...
In the previous analysis I mentioned about bearish engulfing and overall scenario. and even said all the trend lines are suppose to be broken. that has happened now. EMA200 (52k) is the strong support now. market is bearish and alts are experiencing some dips too.
One can easily identify a bearish engulfing in an attempt to close the day with a green candle. Target is the same as my previous analysis. i.e below 48k level.
Hello guys, hope y'all doing fine avoiding losses. Now quick into the topic BTC is very well playing above this trendline support in the 4H timeframe. I've used the trend-based Fibo for my analysis to mark my target and shockingly it comes down up to 46490. and the based on the buy volume and the overall trend it is clear that we've entered the bear...
So called Bull trap! 70,000 1,00,000 boys.... where are you??
Waiting for a great re-entry into UNI?? Target is mapped for you guys. RSI is facing a huge resistance at 70 as you can see. Wait for it to close below the support line (Previous resistance). **This is not a financial advice.
Bitcoin is trying so hard to hit the 50k mark but the selling pressure is more and the volume is low on the 1 hour time-frame. So, lets wait for it to close below the blue line which was a previous resistance and a huge support now. and break down the trend line would confirm the fall of bitcoin. Bearish close on the RSI (closed right below the trend line.) Let's...
Forming a H&S pattern confirming the fall to 40k zone. ** Break(close) above this pattern would invalidate this pattern. Not a financial advice, Trade safe.
It is forming a Head and shoulder pattern. ** two candle break above the Right shoulder line will definitely break the pattern. It is expected to reach up to 45000 - 44000 range. And Breaking(Closing below) the RSI symmetrical pattern would confirm the fall of BTC to 45k level. **This is my perspective and not a financial advice. Happy trading!!