BTCRUBBTCRUB Ascending Triangle
In line with devaluation of the ruble. Not so much bullish for bitcoin, but nonetheless bullish
BTCRUB
Bitcoin is floating hopefully bullEveryone knows this asset tends to defy gravity
Bitcoin is the unilateral asset of 2022
Bitcoin does not discriminate it just is
it will be used to support global economy for the coming new economy
many have no idea that a new order is emerging.
Next Target: 47000. Diamond bottom is activated!Since ATH diamond top pattern being formed, finally we've one on 4h chart!
Do check out the diamond pattern on your own (yea, it is messy and i don't need it on my chart to confuse myself)
Which you can easily notice it's existent on the following chart
16 Oct 21 - 15 Nov 21; Diamond Top; Daily Chart
22 Jan 22 - 27 Feb 22; Diamond Bottom; Daily Chart
Top and bottom, almost similar timeframe. Regardless all the recent black swan events and we're seeing it now.
So I've stop loss my shorting position and lose 20 ETH in total.
Btw, there is another tiny diamond pattern in 4h chart: 22 Feb 22 00:00 (UTC) - 28 Feb 22 08:00 (UTC)
Crypto fear & greed index back to 51 (Well, a bit high and growing too fast)
The rising wedge for ETH still in play but not for BTC, it's broken and creating a healthy ascending channel.
(BTC) The next resistant will be around 47000±600
(BTC) The next support will be around 39850±600
(ETH) The next resistant will be around 3200±80
(ETH) The next support will be around 2770±80
Currently, BTC/USDT is -36% from ATH whereas BTC/RUB is -16% from ATH
I'm using MA/EMA 64 (valid for Daily Chart) with a reason (experimental)
Let's assume cryptocurrency formed with $$ from the world, which consists of multiple timezone and stock markets.
Gann, Law of vibrations are made for stock markets and working well
In average the trading time for stock market is about 8 hours per market
So, cryptocurrency moving forward 3 times faster than traditional market.
Well, Let's see how it work. Good to learn something new and be bold to accept it anyway.
Yesterday just told my friends to buy in if the price go above MA64, and now he got a better price than mine.
FYI, MA21 actually much lower. Good to gets more confirmation before we enter the market. There're some space in between MA21 and MA64 though.
Note for myself:
Alright, let's "reset" my mood and be "neutral" in POV to the market. Stay humble!!
I'm not doing spot trading, which required higher level of mentality management and precision of position.
Keep it up! Cheers 🍻
My Last & Final Chart TVIt has become apparent this site lurks a new type of parasite
which leeches on the tools of character assassination
and for this reason I will no longer publicly disclose anything.
BITSTAMP:BTCUSD
COINBASE:BTCUSD
BYBIT:BTCUSD
BITFINEX:BTCUSD
BINANCE:BTCUSD
BINANCE:BTCUSD
INDEX:BTCUSD
BINANCEUS:BTCUSD
PHEMEX:BTCUSD
FTX:BTCUSD
GEMINI:BTCUSD
BITBAY:BTCUSD
OANDA:BTCUSD
BITTREX:BTCUSD
CURRENCYCOM:BTCUSD
CAPITALCOM:BTCUSD
FX:BTCUSD
FOREXCOM:BTCUSD
BITCOKE:BTCUSD
CEXIO:BTCUSD
TRADESTATION:BTCUSD
OKCOIN:BTCUSD
GLOBALPRIME:BTCUSD
EXMO:BTCUSD
TIMEX:BTCUSD
BITFINEX:BTCUSDLONGS
BYBIT:BTCUSDT
OKEX:BTCUSD3M
BITGET:BTCUSDPERP
Desicion time for Bitcoin, $10,000 or $4,150 ?*** THIS IS NOT AN ADVICE, DO YOUR RESEARCH AND TRADE WITH YOUR OWN RESPONSIBILITY***
Right now bitcoin is inside a Symmetrical Triangle Chart Pattern, we still don't know where it goes next but one thing we know is that soon the directional decision will be made.
If it breaks upwards the target would be $10,000, otherwise will go to $4,150 based on the Symmetrical Triangle Chart Pattern.
BITCOIN BEAR BULL wedge breakdown for granted? Downwards wicks?Bulls didnt win their red flag today again as it worked on sunday.
QUESTION/SURVEY:
1. Should bears care about these pump times? (no upward wicks, no red candles)
Especially the last one marked in green and yellow, downward wicks only, looks like the market was being completely controlled?
( 2. Else is the crash soon very likely? Can be breakdown from the yellow wedge)
Bitcoin's Rotting Banana WedgeDoes this Chart pattern have a name already? Else let me claim the name name.
Momentum changes/patterns are curves. Straight Trend lines can silly/inaccurate.
Bitcoin about time to short below $2400 ?good day.
Weekend may be used for panic selling
What are we waiting for here?
Did you sell already or did the crypto bubble's mania virus catch you?
If you are long on margin, dont you feel guilty of the bubble?
Why not give your voice for the rational healthy consolidation finally?
