majortyga

majortyga

I can say we are now in bearish market as we can see BTC broke the large bearish flag and trading below it, now trading around $36,000 I expect a relief pull back to $37,700 or even higher to around $43,000 but that doesn’t mean whales are wake push market to ATH or whatever, do not be deceived about being bullish Bitcoin is gonna trade $30k or lesser SHORT...

majortyga

$BTC UPDATE As said in my analysis posted 2 days ago, here is the pictorial explanation of what I was talking about. From the bottom of the chart are miners production cost and electricity cost, and currently we are having production cost support which boosts the price to pump to $37k now What should we expect? Personally, I expect $BTC price to pump to $40k...

majortyga

BTC has proved us it’s here to stay but let’s watch closely this pattern on daily & weekly timeframe, you’ll notice it’s respecting ELLIOT WAVES theory again As projected before, i still see pull back at $68-70k zone, RSI is at overbought zone, reduce your positions still, the earlier you pick your profit, the safer your funds, wait for pull back before entering...

majortyga

To me, We are still in dip, we may have re-bounce to $30k major support zone & probably will form inverse head and shoulder Then we bull again

majortyga

As drawn in the screenshot, VIB currently forming cup & handle and it’s about to run a bull race EMA 14 acting as support Buy at 127 sats Sell at 170-190

majortyga

BTC currently sitting on EMA 200 and this could be a strong support Closing above $45,000 will take us to $48,000 - $49,000 - $52,000 and if these targets are achieved, $55,000 will come Below $42,000 may take us to $39,000

majortyga

Take a look at the chart and you’ll see doge forming cup & handle

majortyga

EMA 100 acting resistance here & awaiting breakout, and if breaks out & closes above $50,000,it should see $52,000 & if closes above $52,000 again, it should see $55,000, closing below $46,000 may worsen the situation

majortyga

Currently, BTC trading between $50000-$51000 & trying to test the previous support again $47,600 If breaks the support, then more dip may convey and we may see $45,000 and if not, we may have a bull again

majortyga

This is the current Bitcoin situation after the bull flag broken out Currently trading between the $57,200-$57,800 resistance

majortyga

IOTX-BTC New long setup