Let's go straight to the point... Let me list the seven deadly signs you should keep in mind if you are holding Bitcoin: 1- 2 Lower Highs 2- 2 Lower Lows 3- Gigantic Green Wick 4- A Holding Down-Trend 5- A New Built-up Horizontal Resistance 6- A Lost Momentum On The Wedge 7- The End Of January The only thing that could save the game is a HISTORICAL UP-TREND...
On any Market, or in Finance in general, the negatively skewed distribution indicates that investors may expect frequent small gains and a few large losses. In fact, many trading strategies used by pro-traders are based on negative skewmess of a distribution, hoping it may provide a stable profit, but, as an investor or a daily trader, you must keep in mind that...
We might be getting a second lower high and a second lower low to set the path toward the 20K level or we might set a double bottom to go toward the 42K resistance and retest it before the big dump or the breakout toward 50K. So once you have that in mind, you should be able to take the right action based on the multiple movements the market might be taking. So...
We might be looking at the ending moments of a Hyperwave losing its power to a fully Open Sky, maybe there is no powers left to break through the roofs for the time being, but we are still on a undecisive area right above the Hyperwave's breakpoint, which means it can still run up if the Bulls fill it with more Power. Otherwise, if nothing is done, I can only...
The real bullish area is above 10400, DO NOR FOMO and expect a big dump toward 8200 oe even 7400 if the resistamce is broken. Then, and only then we will create a new ATH
You might think we have Spaghetti on the chart, but this is a 15M chart, not a 4H or D or W chart, so we can't just rely on one main trend line to make our moves, otherwise we would be doomed! On a 15M chart, you need to identify ALL trends and specify which one of them are in-play! So here I am with a chart to guide you within the next few hours.
While looking at the chart I can't stop myself from admiring that little Bitcoin waiting for us at 10k level and Im looking forward to meet him soon!! Then we will have to deal with a bad resistance waiting for us at 13k level before being able to see the Moon.
Just looking to keep this for history! The 20k resistance trend is now ready to take at least 50k and will be ready to take 100k by the end of 2020, so let's see what happens in 2 years from now and if that 20k resistance trend is going to be playing a role in bitcoin's market development within the few coming years.
BitMEX history shows a Longs shakeout before the mega pump as seen and witnessed on the previous pump to 20k. If that is what is going to happen, then you can expect a retrace toward 5800 before the mega pump, but I since I don't like to think that history tends to repeat itself since that would make trading much easier and more annoying, so I'm looking to see...
I am just highlighting the same indicator shown on the previous idea. Keep your eyes open and get ready for a short squeeze VERY SOON.
There is nothing to sat, I will just let my custom indicator talk for me, or rather, for the market. If you still can't see why we are definitely starting a bull market then there is no words that can make you change your mind.
Judging from Bitcoin momentum on the 4 hours timeframe, we can't help looking at a screaming chart announcing 5750-5800 on the next bull run within the next 2 days if not the next few hours. We have indeed a resistance in front of us right now but seems like the supports behind us are much stronger. Keep your eyes open for the target...
We are still inside a bullish momentum supported by multiple uptrends and supports. The last dump was indeed able to break the newly built supports BUT the old supports and definitely the stringest ones are still in play, pushing us above any bearish trend and resistances. For now we are exactly testing the most powerful uptrend supporting us since 3800, if we...
The bullish momentum on Bitcoin is insanely powerful, building multipe up trends and ascending triangles inside the natural support of fib levels while refusing to let the guard down for a pull back, defying all expectations and crashing all the predictions toward what "they" call a "healthy retrace". Bitcoin doctors freaking out right now but the truth is, no...
Taking into consideration the Fib levels for bullish and bearish markets, we can expect a retrace back up to 7777 inside a bearish market, so that would still not signal the end of the bear market, but in the other case, if we are indeed inside a bull market, then we can expect at least a bull run up to 13k before any major correction down. Keep your eyes open...
We had this matter discussed with many crypto analyst who are very experienced in the field, and we all agree on one point, THIS IS THE BOTTOM. All indicators shows a perfect bottom ready to be smashed and we are all so excited about it.
4 points of contact on a bullish trend exyended on 2 years and the pump starting point makes it clear that the last BTC pump was natural and super well planned BUT we are still under the heaviest resistance Bitcoin had to face since the beginning of the bear market so we are clearly at a decisive point which means this is the time to MAKE A DECISION.
Time seems to be playing a big role in Bitcoin's movement! The next 53 bars would be very interesting to keep an eye on especially since it is starting with green bars.