Earlier in my YT i have provided insights that how can one short till 29500 but it actually went way beyond that. I think prior to upward movement to 24500, it can range break to 26500 as well, But any new hodlers i prefer btc might reach 15089 and i think making new assets upto that level has prior more oppurtunity to hold. Now one can enjoy buys above 21400. But...
Bitcoin after the rally from making the lows is under correction and I expect it to go slightly higher from current levels and give another drop below 20k levels which would complete the correction and then a rally higher from there which could take it for the targets of 23k to 25k. One more sharp correction is required to complete the pattern but it can also come...
head and shoulder are still there in our list just that now we assume it to create on a trend line rather than on a support line if it breaks out with volume then we may reject the resistance or else a downward even with the breakout I don't see this as a relief rally yet this cant be the bottom as the volume has not increased much with increased prices in past...
Rsi is indicating and up move in bitcoin in coming sessions possibly although it is the most risky to take now in pf do watch your setup very strictly if you are into this
we may see a bottom W pattern in btc as there was a sudden rise in price which I don't seem to be a good signal as the Binance said that its buying were fake and fear greed index is still in red being such fear in market the volume will be low so we can get to see a rejection at given point and than a fall in price with a further increase if it completes W patter...
$BTC Given range remains in effect with $20,812 resistance holding. $19,894 showing some good support for last few hours, Last 1D candle closed with Doji could prove as confirmation to 1D bullish engulfing from 19 June. Good chance to break $20,812 here, Continue watching given resistance and support areas on the chart.
On June 19, investors reached a maximum of pessimism. Usually at such moments there is a market reversal. In order to confirm it, the formation of momentum in the area of 3400000 is required, after which a corrective rollback will be formed with a high degree of probability. For more risky traders, entry points to buy are present at the current...
On June 19, investors reached a maximum of pessimism. Usually at such moments there is a market reversal. In order to confirm it, the formation of momentum in the area of 25-26 thousand dollars is required, after which a corrective rollback will be formed with a high degree of probability. For more risky traders, entry points to buy are present at the current...
after the successful previous trade, expected price moves plotted on the updated idea. not interested in shorting this, shall wait for the last leg to complete and then go long
Bitcoin is currently in its last leg of fall, a new low pending after some retrace and then one way up. expected path traced on chart
As the trend is set by BTC and weekend has started people encashing their money for stable exchanges we have lot more in crypto that awaits >>>Short we should wait before jumping in! Over Fear of losing out may retest below
When the BTC was at 65k this needs to take a rebound and that is till 18500 Now just bought it and hold your socks Put Target 100000 Date : 23rd June 2024 !! BUY ALL CRYPTO NOW !!!!!!!!!
so BTC followed the projected path! there seems to be one more small push down before some relief is seen. the relief could be a wave (iv) in blue or alternatively a bigger bounce (which remains to be seen that its a bullish reversal or a wave 2 rally only to fail and continue the decline down later). Trade safe!
Bitcoin is looking fresh negative on monthly charts with negative rsi divergence although it is not good time to say for short because earlier i told it is negative at 280000 but yes it is weak in current setup
Bitcoin, BTC, weekly charts are showing H&S pattern with regular decreasing volumes. BTC now at big support of 30000 mark. With present situation BTC will soon crack to 15000-16500 mark as riskier asset are going to be under pressure.
Final puke across all the crypto market is due IMO, various factors pointing there, lets not get into the details. While the whole market is screaming "Cheap" "bottom" "All-in", be aware of this scenario as this holds a very good probability. Solana to $25s while $BTC at low $20k is what I see. Might be wrong, NFA.
Staring at this chart from a while, it really boils down to this IMO Wait for the trigger in the either direction before placing big boy bets. I'm personally leaning lower. Would be a perfect play in the bigger scheme of things. You do you, Anon NFA
For conservative traders who prefer position trades, clearly no reason to long yet, but we are entering a very interesting territory that we last entered in February 2019. A great opportunity is starting to take shape for the medium-long term.