Over the last 60+ days from Feb. Panic lows BTC has tested the floor several times. The floor is indeed confirmed and now we are in a priming zone as we get towards the end of the colluding pyramid. Either A we will see a full blown breakout and BTC will be ushered towards some extreme new ATH or it breaks down. If it breaks down it will take years to recover,...
I have been seeing many people talk about how Cardano ADA can be used as an overall market indicator and it seems now that ADA has found a bit of a bottom here around 2100 Sats. Could we be witnessing the revival of the cryptomarket? Time will tell.
PLEASE LIKE FOLLOW AND POST A COMMENT OF WHAT YOU THINK ABOUT WHAT I SAY BELOW. I never FUD Ive always been bullish on BTC since the day I invested in it at the February panic lows. I did not take profits and I played a long term strategy. But this is not looking good guys basic truth. There is no buying power in this thing and barely any selling power and...
This TA is just observations not predictions. In the market since we tapped the bottom we have formed a longer term double bottom. Also the sentiment for bullish momentum has increased as more people bought in at 6500$ reinforcing the floor where we created a double bottom. As for bearish sentiment the presence is there however it is starting to decrease. Many...
International conflict via trade war with china spells trouble for anything in the market now. Be greedy when others are fearful however, It would be who of you to take a position after the double bottom target. Let see how this pans out, if price action moves under double bottom target of 2500ish seek and destroy till further notice. RSI and Stoch is charged for...
Trade war tensions causing a loss of confidence in the dollar American Economy. The correction is far from over and is expected to continue correction till 6630 creating the double bottom we are looking for. If the double bottom falls through, expect a further drop. These classes are not safe during a time of turmoil such as a trade wars, stay vigilant, stay...
HOARD AS MUCH AS YOU CAN, NO TIME TO EXPLAIN JUST... TRUST ME?
If Bitcoins top candle can close about 7120 this may be a small reversal. If the reversal can get back above green trend line you will not see 4k anytime soon.
Just a closer look from my previous chart, if you didn't see that one go there before coming back to this. Bitcoin has come down and touched the bottom trend line three times, every time it gets touched it goes up. The previous touch and go was an obvious dead cat bounce, the one before that was our February floor at 5.8k-6k. There is very harsh resistance...
Right now we are witnessing a bear market with increasingly bear sentiment from the masses. With that it seems BTC is starting to FADE off in the distance from ATH. Bears keep reloading and dropping reloading and dropping. The last pump from the .786 retracement was a DEAD CATS BOUNCE. We are coming to the end of this triangle where two huge points of energy are...
BTC has a strong floor, its not going any lower than the past floor at 5800$. If you think so you are ignoring all of the fundamentals of the currency. even in the current time frame bitcoin is bullish. There is nothing any one can do. Go long on Bitcoin now. DCA into good positions and hold on for dear life, money movers will be here sooner or later.
As stocks are gearing up for another crash we in the crypto space gear up for an all out bull run from bitcoin. So much good new is pushing the boundaries of hope in this market its crazy. Money is about to flood the market and we can see even from the chart BTC is just getting started. Breaking out of a falling wedge is always a crazy rally a few weeks after....
CONFIRMED REVERSAL: A reversal took place on the falling wedge at lower fibonacci retracement levels (support). Bitcoin will continue to climb and will test all new Fibs for resistance. Expect pullbacks at each level and once it touches the lvls for a pull back allowing the RSI and Stoch to recharge, BUY when we have reached those levels. Each Fibonacci...
I AM NOT BULLISH I AM NOT BEARISH I AM AN INVESTOR Looking for buying opportunities for the long haul. I see a falling wedge. I also see BTC hit a fib bounce off of the golden ratio fibonacci level 61.8% retracement. If bitcoin closes the day above the falling edge trend line and above the 50% retracement, the reversal has begun and I will go long with a lot of...
People who don't consider fibs as a buying opportunity or zones to watch are delusional, this is quantum mathematics by Fibonacci himself, the universe is the same down to these markets. Bitcoin was oversold on the RSI at the direct moment it broke below the Golden ratio .618 Fibs. Bounce confirmed, lets see what Bitcoin will do next.
No one knows whats going to happen. Psychology is driving the market at this point. Big players have buy orders place at .76 retracement in case Bitcoin wants to go back and retest the floor. Triangle is starting to break towards the down side. we will see...