Bitcoin in "disbelief" portion of the market cycleBitcoin reaching a key zone here.
Hold the zone and alts will fly.
Decision Time Soon.
What A Time.
Disbelief
ETHUSDT Movement Analysis from February 2023 to October 2024ETHUSDT prediction analysis using distances between important pivots and fibonacci retracement of ETHUSDT last cycle in the current cycle and the Wall Street Psychology of Market Cycle.
We are currently in the Depression phase.
Is Disbelief around the corner or in 2024?
I think it is in 2024.
Bitcoin BTC Possible Bullish Triangle Bitcoin BTC Crypto is forming a possible bullish triangle with a +9% increase. We have broken out of the July 2021 triangle indicating the bottom at $17,600. We should be starting to stabilize above $17,600 over the next month. We are now in the Psychology of a Market Cycle called "Disbelief". This will be confirmed over the next month now.
Imagine shorting Bitcoin here at 30kImagine shorting Bitcoin here after 55% dip because your stupid friends are in panic and they told you it's a scam. Close the charts and come back after few months at new ath and watch how they are fomo all in with everything what they have. Always same story, I refuse to sell here, fk you bears.
Bitcoin Market Sentiment for AugustWith the relief rally continuing, here's my overview of current and future market sentiment to come.
Disbelief is over - BTCDear traders,
I wish you all goodluck during the end of this cycle (I think this is the end.. It could be a super cycle as well)
Here are a few simple tips:
1. Do not over-leverage
2. Do not have a hodl mentality
3. Do gradually take profits when nearing the top
4. Do apply proper risk management to your trading/investing strategy
Goodluck,
Doctor Hugo
If you think this is blow off top, watch thisIf you are not watching on log scale and you think this is blow off top, watch next few months best pump of your entire life.
I believe we are at begining of real big moves in bull cycleGiven everything that happened and the information I found in charts i believe we are in the begining of the real bull market where the gains are incridible.
$ORN: If it's gonna bounce... it's gonna be here.Price action for $ORN has just touched that lower .5 pitchfork prong. As well as a perfect confluence for the previous pennant's top trend line. I think there's quite a bit of FUD in the market right now. We're in a disbelief area of the market cycle... "This is it, it's over, we're going back down now."
Staying patient and stacking more of these massively bullish, high potential projects is the move. Do you have less that 1k $ORN? Fix that asap.
TOTAL2 Disbelief..I believe we are currently in a disbelief phase, with the recent spike in volume, price has TOTAL has soared, and a possible alt season is upon us. This alt season will be quite prolonged, due to the discrepancy in support levels between TOTAL and TOTAL2. A bullflag can be observed, as these aren't the highest performing chart patterns for myself, i have included a pullback area which is still bullish above the ichimoku cloud and an optimal entry point, for desired alts.
2017-2020 Cup & Handle?2 Important things to note; the top and bottom wicks of this weeks candle aren’t random. the top wick hits the bottom of the rising wedge, our last major pattern and the bottom wick hits a MAJOR trendline. This is a big sign where still in a bull market but many are still wrecked so as far as market psychology goes i think were at "disbelief this is a suckers rally"
ETC in disbelief if the blue oval is tested and broken out of these are my targets.
target 1) 8.20
target 2) 9.75
target 3) 10.85
$BTC Analysis- Will the $7-8k zone be next?In my previous $BTC analysis I talked about we still haven't entered a disbelief stage.
I used Elliot wave to explain how we completed a 5 wave structure, as well as A and B corrective waves.
The descending triangle that we can see in the chart above confirms my beliefs even more, if we break out to the downside (which is what this pattern signifies as being likely) we should see a push to the $7-8k zone which is right in between the .5 and .618 fibs.
If we hold there I'd see that as bullish.
#xbtusd #bitcoin hitting Target 2 pre-mature Bitcoin is just hitting not only Target 2, also the broadening wedge upper trendline and nearly spiking to monthly R3. Without making any assumptions on further progress, this is nevertheless a wild ride on a market dominance of 67% still on the rise pointin g out it´s not yet time for altcoins. Even if we will find some sort of stabilization here, it doesn´t mean it´s not gonna go higher. Keep a close eye maybe on a smaller timeframe how the price action or volume changes. At the moment longs are still stronger than shorters + profit takers. It´s an imbalanced scenario. A classic #disbelief to quote a famous cycle theory.
*Always set stops. Dyor. No financial advice.
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ADABTC - A project I love, but looks bearish longtermFirst off, I closed my positions on a perfected 8, 9, 13 on the 3D chart because the signal is just fantastic in that timeframe and besides the wedge it hit important MAs.
What I see now, is a massive falling wedge to the disbelief stage of an asset where I'm going to be a big buyer.
BUT the level is so damn low, will have to wait for weeks. Just be patient and wait if we have an entry than.
Leave your comment and opinion.
Bitcoin Disbelief! BTC decision state, not going to hit 6800$.Bitcoin had a ruff ride over the last week, dropping down with low Volume over the weekend. At the same time the greatest News of the Year (ICE,NYSE) got published... This is a calculated Whale play, making everybody uncomfortable with fear of BTC breaking 5800$ Support and going lower.
Keep in Mind that this whole price move got established on low Volume on the Weekend. If BTC is to break 6800$ I would expect full panic. If BTC is to break 7500$ I would expect full FOMO.
Trend following is not easyTrend following is not easy because:
1. Finding trends requires a high level of attention to detail.
2. Removing disbelief as an emotional response.
3. Having lots of patience.
I explain a few difficulties I've encountered.
Bitcoin July 2016 Halving - Price Forecast - Disbelief->HopeHere's a fun one.
With Bitcoin making a strong move up from the $370's into the $438 area yesterday, it looks like we're gearing up for a big move up to retest $489 and eventually $600. If the bullish structure of $BTC remains intact, we could see this move take us from "Disbelief" to "Hope" phase sometime in April-May 2016.
Keep in mind that halving is slated to happen in early July 2016 (and may get faster), so time is of utmost importance for MM if the pump is to start before halving. Find out the exact halving date on: www.bitcoinblockhalf.com
P.S. oops some of the text (disbelief & hope) moved to the left after i published.
