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.
Currently it's at the 200 weeks EMA. Let's see if it holds. The next lower level will be around 19000s. The support shown on chart. The 28800 which was support, has now turned into resistance. If, any bounce, it will be limited to that resistance. If it breaks the 200 weeks EMA, that's gonna be the resistance as well.
Btc in very crucial time frame we can see wicks to 18k or 20k
There is a decent chance we might be here We are in the process of bottoming yes, but when shit hits the fan this hard, this often can be that process. NFA. Wud love it, if this post marks the bottom across the board. Never go full redard #SOL #ETH I am saving my dry powder.
BTC Buy Trade opportunity BTC Buyers are going to strengthen its ready to break out above the resistance area if the market closes above the resistance it will be very High Accuracy signals with very good risk-reward ‘Always trade with Stop Loss "
Here is My Analysis about #Bitcoin #BTCUSDT #BTCBUSD #BTCUSDC $Bitcoin In Short , 💔 will be for Alts Holders in Short Period. Stay Away from Alts for a Short period of Time upto 2 Months.
BINANCE:BTCUSDT AS PER MY VIEW There can be a big move in bitcoin. Bitcion has reached towards its crucial levels. IN bitcoin it has made a head and shoulder pattern. If bitcoin breaks the level toward downward then a big fall can come in bitcoin, and if bitcoin stops and sustain here and take support here then be ready for a big bullish move or a new high.
On the left side: BTC chart with japanese candlesticks (full of noises that hinder our trading decisions). On the right side: The same chart but with Heikin Ashi candlesticks (much cleaner and more defined which helps our trading decisions). Heikin Ashi was developed by Munehisa Homma in the 1700s and share some characteristics with standard japanese...
A big move downwards is on.. may not beleive it.. but u will when you see it.
Every thing is written on the chart you can read from there thanks for more such information follow my account .
The consolidation, which started back on May 13 and the negative sentiment of investors regarding the market, indicates a significant position gained by a major player at an average price of 3800000, which can give a strong impetus to the growth of quotations in the future. The current momentum further confirms our expectations. Altcoins: A clear diagonal level...
The consolidation, which started back on May 13 and the negative sentiment of investors regarding the market, indicates a significant position gained by a major player at an average price of 29,500, which can give a strong impetus to the growth of quotations in the future. The current momentum further confirms our expectations. Altcoins: A clear diagonal level is...
After facing bearish momentum for the past couple of months, BTC is finally able to sustain above the crucial mark of $30K. Although the magnitude of the upside has been negligible since the start of June, sustainability might definitely provide a breather for altcoins too. BTC price level is trading above both MA-10 & MA-25 which can be a positive signal. A...
Then resistance lines above the price are my target steps. If this bounce sustains, we see next target price of 34k (50 period EMA) and/or next resistance line of 35k. Cautiously long!
Fundamental Development:- United States-based insurers are the most interested in cryptocurrency investment according to a Goldman Sachs global survey of 328 chief financial and chief investment officers regarding their firm’s asset allocations and portfolios. The investment banking giant recently released its annual global insurance investment survey, which...