this idea is a combination of fundamental world view .. painted on chart using Elliot wave ..
upcoming 4rth is a primarily a technical trade and not a fundamental trade... however given the current economic situation ( inflation again creeping up and remaining persistent ) forcing central banks to postpone rate cuts , employment and wage situation ( pointing at...
Comparing the past ten years, there have been three bull market rises. The focus is on the relatively large V-shaped bottom trend. This effect can only be seen through the vertical screen. It is still in the stage of upward breakthrough from the bottom and is still in the early stage of the bull market. It is far away from the previous high and The new high is...
In the fifth cycle of the Bitcoin BTC bull market, Bitcoin has entered the fifth cycle of the long-term upsurge in the bull market. The general direction of the general trend has been formed. Only by continuing to rise, no one can compete with this bull market trend. Only by following the trend can traders get the results they want.
Bitcoin BTC bull market golden cross, 5-day moving average MA10 crosses MA100 golden cross, this golden cross also appeared golden cross signal in the past bull market, 2012 bull market golden cross, 2015 bull market golden cross, 2019 bull market golden cross, 2020 bull market golden cross Fork, 2023 bull market golden fork again, such an obvious signal is right...
As you can see every cycle for the past 10 years, Bitcoin has been testing the long range 100th moving average. For every cycle it drops to the next 100th moving average. If this trend or patterns continue, we are likely to see bitcoin test the 400 week moving average, whose price is around 14k, which could mark the bottom of bitcoin in 2023.
I suggest loading up on your favorite alts and holding for the next 800-1000 days. This way you can making thousands of percent in profit over the next 2-3 years. And quit your shitty cheese job at the sandwich factory. If you pick the right coins you can turn 1000$ into 100k$ if you pick the wrong coins you can at least turn every 1000$ into 10k. Just save as...
•We have a bullish cypher in play here. Within the harmonic category of patterns, the cypher is a reversal configuration.
•The cypher formation frequently occurs during a market trending period (HTF) and presents as a terminal move.
•Next is a trend reversal.
Why is this consolidation probably different than the previous ones we've had in the past 7 months?
1. For the first time, we broke out of a consolidation to the upside in a while, with little or no resistance above this consolidation (little to no value from CMP all the way to 30k).
2. Bounced off of untapped 17-20k demand cluster confluenced with previous...
more possible for war (Ukraine and Russia ) and then Gold was bullish so more crisis coming soon...
the gold chart in
my chart in my personal account lets see what surprise the future give us...
Throughout this double top formation, RSI have cooled down and been trading under the oversold zone now. We have good support around $20K, which can act as a bottom. Then we can expect a rally upto $150K
This is BTCmacro analysis. Every time when Price Jumped from Monthly 21EMA then we have seen litlle Pump before a major Dump to 55EMA as shown in the chart
