The red fall has not been covered, the green rise has not been covered, and the gray-white rise and fall has been covered. The red horizontal line is the K-line gap caused by the rise in the past two years ago, and the green horizontal line is the K-line gap caused by the decline in the past year. , The gray and white lines are all the gaps that have been filled...
Double Top in Bitcoin
Crypto market has shown bull and bear cycle in very short span of time.
From rising from 10000 usd to 69000 usd and from 69000 usd to 16000 usd in span of around 2.1 years
I think it is fastest reversal of any new tradable market.
Double top means making almost two equal highs and failure of bull to make new high while bears pressure of...
Bitcoin is expected to make a move upto 12K levels very soon. There can be a bounce back till 18K post but till it is below 22K on WCB, it is not a buy at all.
Based on the fork, the trend continued to move down. But the bottom is near. It will reverse after breaking above the fork. The bottom can from between $10.000-$12.000 area.
bitcoin falling wedge pattern with bullish rsi divergence. if previous low is protected and if crosses trend line then it can give good bounce upto 24400.
After breakdown from the head and shoulder pattern on daily chart bitcoin got the breakdown started and settled at 20k level but we are the time where we are ready to step more down to 8-9k level in the short term 9k is the demand zone i hope the 9k zone will start a new bull wave towards the sky but for now be ready to move down to 9k once we break below 17k...
Yellow line is trend line, Blue line shows support and resistance. price must go up and take support from current trend line for starting a up trend so we can buy blindly with shortest sl of 1/2%.
BITCOIN - End of the Road or a New Bull Run?
Spectacular run over for now.
Needs to Hold 14100-17700 for upmove. - Will it retest 28800?
Below it 3700 possible? (does not seem to be on the cards for now).
so beautifully playing out the ascending triangle
is this new sign of bull market may be!!
if we break the resistance and cross the 25k range we may see btc in new ranges that can be 30-40k
which will lead to pump of many altcoins one by one with Ethereum
Bitcoin daily chart on CME - we are in a weak bullish channel with a Doji Star on the red arrow giving the signal for the reversal.
At the moment falling to 2 possible prices 1- 22,190.00 dollars Fibo 61.8 of the last high leg and the other target is 21,095.00 which is the mejure move ABC.
Note we are close to the main bearish trendline. We can see this...
Bitcoin on CME daily chart shows price in a bullish reversal channel.
It is on track to meet the downtrend line between $22K to $26K by the 7th of September to the 3rd of October to try to break up.
The chance of breaking this trendline is less than the chance of failing and continuing to fall,
but it can happen. If we follow the path of inertia we can go...
Bitcoin is trading at a crucial level. A reversal may come but if fails to sustained at this level then 5957 level may see .
For learning purposes only.
in this case i think the path that i draw shows the way and we have golden time to buy my method is working perhaps it has some delay or action before or after the lines but it my opinion its good idea
CME
