Bitcoin / Euro
Bitcoin rejects the 22 to 25K resistance area as a result of the CPI report over the previous week. A momentum continuation sell signal is developing with just a couple of days until the next FOMC meeting. While the outcome of the press conference can swing the market either way (random), the broader price structure continues to point to a test of the 17K support...
This is a Bitcoin (BTCUSD) analysis on the 1W time-frame using the Chaikin Oscillator and the Stochastic. It is not common to see those two indicators, especially on such an asset, but despite being overlooked, they offer an excellent explanation of where the price is trading relative to its previous Cycles. ** The Chaikin Oscillator ** The Chaikin Osc, which...
This is an update of my previous BTCUSD idea, which worked out quite well. There's not much to say besides that I consider a long position at the previous lows (~$18k). The downwards movement needs to be completed and we want clear signals for a change in the secondary trend. I'm looking for Engulfing Patterns on the weekly & monthly or using the RSI & ADX to...
The 20W MA (pink) has never in Bitcoins history crossed below the 200W MA (blue). In my previous post I showed that these MA's crossing would spark volatility. I personally didn't think they would cross and the bulls could save it but unfortunately it didn't work out that way. I really don't know what happens but tonight the MA's will finally touch or crossover...
Trading volumes and volatility have declined. Bitcoin continues to move in the liquidity zone. I believe that BTC should test the support level and if the asset will consolidate above it, it may continue to rebound.
There is no bull market without crossing the trend line and retouching the line. Technicals aside BTC is a speculative asset, there is no intrinsic value. So there will be no bull market while fed does QT.
Ok guys Continuing from previous the previous thread BTC is here looking like it is in a Y wave to to go lower. We'll have to see how it reacts as other markets open, but as is so common it could be a leading indicator that another bearish week is coming up. It hasn't quite rolled over yet and as long as it can hold this area then things can change but its not...
Looking back in history there are some confluences. It would explain the weird bull run top. Because it was no top at all.
I am sorry for my English, i am still in practicing proces. If you like the idea - subscribe to see more)
Very likely to see a nice pump here before the real dump.. gl
As explained in detail in the free weekly outlooks , check it out for the complete picture! H1 possible looking for bull flag buy setup, Chart pretty much self explanatory. Check out the last BTCUSD H1 flag setup, press play and if you mist that trade be sure not to miss the next one! Good luck and trade safe! Thanks for taking a look and if you like this...
FED'in 0.75bp kararından sonra piyasalarda ralli bekliyorum btc'nin de bu rallide 30k civarına yolculuğunun ardından küresel koşulların daha fazlasına izin vermeyceğini düşünerek yeni bir dip bekleyceğim.
Bitcoin inverse head and shoulders pattern. Also take a look to the related ideea! Measuring the distance from the head to the neckline hits perfectly 1.618 fib extension for a 3rd wave. Good luck!
After encountering the downtrend line, the lowest price came to 19305.00. A pin bar (arrow) appears at this bottom, and the price of the subsequent k bars also closes above the closing price of the pin bar at 19801.04. Indicating that here is an effective support, and there is a chance to reverse the trend. If the price closes above the resistance range of...
Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this BTC update. From the starting of September I keep telling you that BTC is not looking good and might see some big drop in this month. When BTC is trading at around $23k in the starting of this month everyone was start calling to $30k is next, I told you that...
If 14k breaks i can't see BTC missing the big shark pattern with a target down in the 2-3k zone... I tried to color code this so it's easy to see what Goes with what., I DO expect a big dump in coming weeks to make the swan pattern a real thing over the next few months.. gl
Revised Bitcoin Chart Spec This Low volume print seems more likly and reasonable POSSIBLE bottom area.