Accumulation... Pressure is de4f. up and I got 48k as my next target COINBASE:BTCUSD . The field looks wide open and next level of major resis is at that 50k level. I'm still cautious of the dip back to 30k but for now I'm looking at the 48k level Thoughts??
Looks like Q1 2024 is going to be a pivot point. Looking at the weekly tf, The price action curve has stayed consistent over the years. Im not a big fan of alot of indicators but we can see the bullish pressure building and bump and run pattern forming, Measured move from prior LL to Prior HH giving us a target of 700. Also 127 fib ext. I would love...
Daily tf could go either way. I need to see that neckline break and close. Dxy could be on a slight pull back before pushing back up. On the other side silver has been respecting this downward trend line. Im curious to see what next week will bring
1... 2... 3,,,, 4.... GO... Where too? Its def getting ready to make a big move. What are some thoughts Low side i say 20k area High side I say 35k
Nice push to the top side out of a pinch. FaKe out? I may have pulled the trigger a little eary but im looking at the 32.5k Level for a tafget< Bitcoin has be struggling at this 30 k level so I wanna be cautious of a sell off. Lets see where it takes us.
Meta has be on a tear lately. Do you think the 320 level is possible. Maybe a slight pull back before another run? Let me know your thoughts
We can see the nice triple bottom forming ON BTC. 26200 level is def a poi IMO. Thoughts or ideas feel free to share
IMO 24.5 area looks to be the make it or break it spot. 24.5 is untested order block. Also on diagonal support, id wanna see how price reacts. 22k or 32 k still in my eyes. Patience = Profits
Bitcoin is setting in a perfect spot for a big move. Price is being constricted with no real sign of what direction it wants to go. Chart looks bullish with price sitting on so much support, but at the same time the indicators are still in the sell. Also looking at a few chart patterns you can see the head and shoulders and the fail inverted touch on the...
Looked like the bull wanted to step in. But this level of resistance between 27 and 30 is no letting up. IMO the bears look a little stronger. Im waiting to see what this week will bring. Id like to see price bounce off this lower triangle. If price fails to do so then we could see another drop to 20k. We need a Mothers Day Rally
Structure cant look any better then this. So many confirmations. I do believe all the stars are in line for a buy on DELL Weekly chart showing a break and retest of last support level with a break of downward trend accompanied by a bullish engulfing weekly candle off support Also see the cross over on the RSI and MACD.
IMO ii still see a lot of bullish pressure possibly wanting to push price up to the 30-32k level. I def still see on more drop or test of support before the next bull run. I could see a Liquidity pick possibly to the 22 level. Exploring all possibilities. on multiple time frames identifying my trade zones and levels. I really dont think Bitcoin will be truly...
Im just going to leave this here and see what kind of feed back i can get. Do you see it? If you do , Do you agree? 50K or !8K?
I shared this the other day but, i was just looking at it more and mapped out my next move or I should say what I could see happen with Bitcoin and POIs. What are some thoughts or ideas? Cant ignore the giant red flag. Historically It hasn't done so well at this trend line. Macd still bullish but we could see some more constriction before the next move. ...
Looking at Gold on the long term. Are we going to see a break of the ranging action or are sellers going to step in again rejecting price once again. Waiting to see what direction this wants to head. Im partial to the continuation of the bullish momentum but we all know how fast things can change. Silver also sitting in a similar place putting pressure on a...
Eth is gonna need a lot of bull power. Looking at the daily you cant help but see anything but resistance. IMO it would have to push up above 1600 before it finds and real support. Currently on the daily its testing a downward trend that has been respected since April. Look at the weekly and you'll see its testing the previous ATH but as resistance. ...
Using symmetry In chart analysis can be very helpful. Looking at a nice set up developing possibly if Xrp can find support at the .50 level. Using the Sine wave you can see the Cycle and how price will repeat its actions invertedly. I can see XRP running for the dollar level if support can be established to retest resistance level.
They say when in doubt ... zoom out. What kinda of picture does this chart paint? Monthly candle closing in 4 days. Given current economic situation, what are your thoughts on #btc ? "x" marking my prediction #Bitcoin