Bitcoin Monthly Trendline - Something to check back onThis is s roughly drawn trendline which I am posting purely to refer back to and see if it continues to provide a base/bottom area for bitcoin in the coming years.
Btc-trend
if last drop exist, we should buy btc at 14500-15000.it is time to calculate the final buy zero. i think maybe 14500-15000 and touch the trend line .
dont fomo.
BTC: what does he allow himself?Good evening, colleagues!
Overview of BTC.
The trend is globally downward. Now the price is in a corrective movement.
My opinion, after today's local growth, the price will continue to move up.
Targets for growth 17 200$, 18 200$ and possibly 19 500$!
Reasons for growth: liquidity overlap, last week's high update and weekly FVG zone test!
Good luck everyone and have a great evening!
BITCOIN ENTERRING OUR BUYING ZONE :BE READY: -------.Sigma zone is very near you did't get enough time to --"ACCUMULATE".
BTC AT THE MOMENT :Price is testing demand zone wait for break of structure then enter your long positions
BTC at the moment :Since October 26 until now, the price has varied between $20,000 and $29,500, with respect to the areas highlighted in the image. the price will go down to 20000 $ resist it or breaking it to the downside reaching 19350 $ as last resistance, for this to happen the price must break the last support shown in red, it will return to 20000 $; if the price tests the last resistance shown in red, it will break 20950 $ and rise and continue going higher . There is a big divergence on the RSI indicator as the price reaches the support of the price range. We must wait for the price to break previous lows.
BTC TrendHello and greetings
Today, November 4, 2022
The possibility of falling to $20,500 and the range of $20,400 will suffer until November 7
Goodbye
(REEF) Bullish Analyze THIS IS PRO ANALYSIS ~~
seems like 200 moving average crossed 50 moving averag on down trend ending with Bullish Doji candle>>>>
what you think will happen ?
General profile in daily downtrendTraining in order to correctly recognize the trend and draw lines of support and resistance
BTC TrendHello and greetings
The possibility of a downward trend until the next 18 days.
The price will drop to the $16,500 range.
[08/30] Beast Trading _ Today's Bitcoin Analysis Beast Trading _ Today's Bitcoin Analysis
Bitcoin briefly left down yesterday as it converged, but rebounded to 20.5k.
After the rebound, the Fibonacci 0.382 section resistance at 20.5k is slowing down for a while
I don't think it's the bottom yet, and it's a little early to say that the upward trend is starting.
There's still a lot of doubt about the decline because it's breaking away from the very meaningful trend line (17.6k - 18.9k), and it hasn't recovered yet.
Therefore, it seems highly likely to analyze that the current section is rising due to adjustment to the decline, and if the adjustment is rising, it usually rises from 0.382 to 0.618.
If I were to put it into the chart and tell you the numbers,
20470(0.382)
20760(0.5)
21050(0.618)
The section is resistant, but it is currently at 0.382 point and has slowed down slightly.
I still recommend responding mainly to short positions, but in the short term, whether it was adjustment or transition to upward trend, I recommend you to eat short or slowly because there is a little upward volume.
we are going more to down butas we see bitcoin go more down in these three days and that's back to Powell speech so i think bitcoin will go more down if he break the last resistance we have 17k but we have this senario didn t happen because we still having hope to go up in this place right now thts gonna take some time
[08/28] Beast Trading _ Today's Bitcoin Perspective Beast Trading _ Today's Bitcoin Perspective
Today, I will explain the wave that has been coming down from 25k.
First, the bit went up well to 25k, but you can see that the volume was much stronger when it went up than when it went down
Through this, it was analyzed that the wave that rose toward 25k was not an impulse wave, but a technical rebound from the decline that had fallen a lot.
The shape of the wave coming down from 25k is also seen as a falling impulse wave.
Since the wave starting from the high point is the impulse wave, the current section is likely to fall strongly to the impulse wave
If the trading volume really explodes and starts to fall, I think there will be a strong fall with panic selling, renewing 17.6k lows.
Currently, NASDAQ is also proceeding as I posted the NASDAQ market situation before.
After leaving the parallel channel, a strong drop continues, and the shape of the wave is analyzed as an impulse drop wave such as a bit.
Since the investment market atmosphere is not so good, I recommend short positions rather than long positions, and there are many up and down shaking movements.
Be careful not to make unshakable sales!
BTC Gonna Fall toward 11500 and 12,000 According to Elliot WaveBTC will visit 11,500 and 12,000 levels in 2022. This will happen only IF the BTC Daily candle is Closed below 17,700. So Far BTC looks like it has Bottomed, but Not safe until BTC Daily candle Closes above 24,500. So Trade Safely and wisely. Wait for the daily closing below or above the given levels. Happy Trading
Follow me for more at +3244542230
[08/18] Beast Trading _ Today's Bitcoin Analysis Beast Trading _ Today's Bitcoin Analysis
Bitcoin is on the decline as the very important upward trend I told you about yesterday breaks down.
Based on the Elliot wave, the shape and volume of the wave coming down from 25.2k (high point) are likely to be coming down as downward impulses.
The rebound, which rose to 24.4k yesterday, is seen as the second wave of this downward trend.
If this is a falling impulse, how far will it fall?
If you apply the universal value of 3 waves 1.618 scale of 1 wave, 1 wave and 5 waves 1:1, and 4 waves 0.236 of 3 waves to complete the wave, about 21k will be the end of this impulse falling wave.
Surprisingly, that position exactly overlaps with the upward trend line following 17.6k (lowest point) and 18.9k (lowest point).
Therefore, if you come to that position, if you enter the long position, the profit and loss ratio will be a very good position.
The green upward trend you see in the picture played a strong supporting role, but on the contrary, it was also a line that opened up when it was broken.
We need to be more careful because that line is now open.
I recommend that you focus on short positions rather than long positions
#BTC $BTC This is our Technical Analysis on #Bitcoin Weekly!
In Weekly TF BTC is on Ranging/Flat Market
Give attention to strong levels when price reach there!
BTC CyclesEach colored section per chart is the same amount of bars/days. These are 4 trends on Bitcoin that are all coming to an end of a 3 phase cycle in the same window of time. Extremely rare occurrence. Expect a major change in trend when these cycles complete.
btc following this channel btc following this channel and made a head and shoulders , now we can see 21500 and if it broken down line we will see 20000 and less down
DPR (altcoin due an explosion)Reasons:
1. Alt coins explode with a delay (BTC already moving good (look at my last trade)
2. DPR community getting stronger (fundamental)
3. Deeper network introduced new machines to mine, upside should come
4. Potential double bottom and an uptick
Breakout opportunity If the price closes above our downtrend line, we may have a possible breakout. if the price bounce off the downtrend line, we may see price continue to fall.
