CRPTOCURRENCY
BITCOIN against 2022Welcome, traders.
Btc really looks promising and its been long since I checked on it though...
Well, we might start seeing BTC price going for a new high or what do u guys think a break of structure low and continuation of a bearish market?
Well for me btc is going for a new high price might
let me know yah thoughts in the comment session
By "following", you can always get new information quickly.
Please also click "Like".
Have a great weekend...
Bitcoin RoadmapNow that Bitcoin has broken the 0.618Fib we can go over the second path evolving for Bitcoin , in my previous TA I went over the idea of a V shape recovery like Covid March 2020 or a much longer recovery coming down to 0.75 Fib , it now seems highly unlikely that we have a V shape recovery and the idea of lengthen cycle theory seems more likely. This analysis is invalidated as soon as bitcoin breaks and closes under the last blue line of support at 0.75 FIb.
Market Bottom
Using Fibonacci Resistance Fan and Gann Fan when could speculate a time frame and price for a market bottom. The timeframe would be July 1 to 21 at around 26000-28000 Dollars. The red dotted line within this time frame would be 0.5 Fib fan which has been a Fib that has had a lot of reaction points this bullrun.
Momentum Shift
Starting September 18 we will start to see a momentum shift to the upside if bitcoin has held the 0.75 fib.
Vertical Fibonacci Resistance Fan (0.75) ends -September 18 (Blue dotted line )
Gann Fan 8/1 ends -October 11 (Pink dotted line )
Fibonacci Time Zone -October 6 (Red dotted line)
Once we break the 8/1 Gann Fan ratio and the Vertical 0.75 Fib Fan we can then leave behind some major resistance.
Cycle Peak Zone 1
Fibonacci Time Zone = 10th January 2022
Fibonacci level 0.5
Fibonacci log growth 150000
I go over in detail here
Cycle Peak Zone 2
I have not looked into things much past January 2022 but I do get a lot of Fib Time Zones around that time so I thought I would add this potential lengthening cycle peak.
Red Circles
First red circle is a potential date when we would reach an all time high again or close to it at around 60000 Dollars.
Second red circle is the Cycle top peak 1 at 150000 Dollars
Third red circle Cycle Peak 2 at 170000 Dollars
Below I will include a previous TA going over this long recovery process.
Litecoin Rally still starts December 9th....The litecoin rally still starts December 9th nothing has changed , in my last Litecoin TA the ascending wedge played out but I did not expect that flash crash had targets at 185 lowest , god dam.
Anyways the good news is that we haven't broken the 4/1 Gann ratio and the 0.618 Fib Fan, until these two are broken I will stick to my guns and say that the bottom and pivot point reversal for litecoin and this bull run will be December 9th. The fact that we had such a massive flash crash before coming into this Fib time sequence gives it a much higher probability now that price will rally starting from this date.
If the 4/1 Gann ratio and 0.618 Fib Fan break then all projections last 3 months will be invalided , every TA last 3months comes down to December 9th being a pivot point that starts the final leg of the bull run , market sentiment is at covid crash lows! this is the best time to trigger a disbelief rally.
Just 4 days left.
Disbelief is a terrible luxury.
Bitcoin testing top of 8/1 Gann Since October the 12th with this TA below
I have been talking about the importance of Bitcoin testing the top of the 8/1 Gann ratio as support for the perfect setup , nearly every single time in history on a macroscale when Bitcoin breaks the 8/1 Gann it will come back down and retest it as support before going higher.
Bitcoin broke the 8/1 Gann October 5th by October 25th I thought the retest would not happen but here we are 60days after breaking the 8/1 Gann Bitcoin has come back for the retest!
I really did not think at a 65k Bitcoin that coming back down to the 8/1 Gann ratio would happen , I was expecting the price to come down to 0.618 Fib before heading up at around 53k but for the price to come back down to 8/1 Gann is pretty amazing!
The yellow circle shows bitcoin failing at the first attempt on the 8/1 Gann , which is what normally happens , after that we found support at the 4/1 and rallied past the 8/1 and now the price for the time being has closed above the 8/1 Gann.
So i think the bottom is in , the price will come back down lower most likely to 46k but on December 9th we will start the disbelief rally.
If we break and close under the 8/1 Gann ratio its going to get ugly pretty quick and most likely enter a bear market of some sort.
I still think we will hold the 8/1 Gann and start to rally from this area, want to know why December 9th? look at the TA below.
gold ♂ ♂️ Explanation of the cup and handle pattern and this model is continuity and not reflexive ✅
Model Explanation
It is one of the positive corrective continuity patterns that forms after a stock rise, that is, it forms during an uptrend, and it represents a period of rest for the stock, after which a breach to the top occurs.
In this model there are two parts:
1/ The cup, which is formed after the stock rises and appears in the form of a circular bottom.
2/ The handle , which is formed after the construction of the cup is completed and is on the right side of the cup
CUP AND HANDLE
Form Terms
1 - Since it is basically a continuation model, the price movement that comes after it is in the same direction as the price movement that comes before it. In stocks, it only comes in an upward manner. In currencies, it may come after a downtrend or an upward trend, and the price continues to move after that in the same direction. .
2-The model consists of two successive bottoms, the first is a large bottom called the cup, and it is preferable to come in the shape of the letter U and not the letter V. The other bottom is a small bottom that comes after the big bottom and is called a handle . Sometimes you do not find it in the form of a bottom, but may It comes in the form of a flag model or a flag model.
3- It is preferable that the bottom of the cup should not exceed (correct) more than the distance between one-third to one-half of the previous price movement and it should not, in any case, exceed two-thirds. As for the bottom of the handle , it should not exceed or correct more than one-third of the previous distance and The less the correction distance in the loop, the better.
4- The line connecting the tops of the pattern is called the resistance line, and it is preferable that all the tops come at the same level as possible
5- In the case of stocks, it is preferable to have a strong trading volume with a breakout of the resistance line up
cup model
How to measure the target of the model
It is done in the vertical way, where the distance between the top of the second model (the second peak in relation to the cup and the middle peak between the cup and the handle ) and the bottom of the cup is measured and then collected on the penetration point to obtain the target of the model
.... After some complex calculations, we expect that the price of gold will fall to levels of 1680 . and then start its journey to the highest level until it reaches the level 2750 in the period between the last quarter of 2023 to the second quarter of 2025
NUM - 10x ~ 100x PotentialThis project presents a real and practical product that I think if they work well in its development, it can be among the top 150 in the less than 1 year.
Dears, ofc I just introduced it (#DYOR)
Consider that Binance is paying attention to this project!
Their Website
Good Time
CELR network starting run to 1 dollar.Last TA on CELR got invalided this asset is incredibly volatile, massive swings and misleading volume reading but now this time round with the Gann Fans we can get a better idea on where price is going.
16 days we have been holding this trend line , price spikes down to the to the white box but instantly gets bought back , macro structure now finally in a uptrend. Sometime in the next 8 days we will have to see a break of the 2/1 Gann ratio or else we go down again.
Litecoin Rally December 9th (update)Go over my last TA first.
What we want to see is price going down coming into this fibonacci time date , these dates act as pivot points most of the time so really we don't want price to be going up coming into this date . At the moment we are in a ascending wedge on the hourly only keep at in mind , a break here would bring price down to the marked support line most likely , also we failed to break this Gann ratio once before. Keep in mind that there two Gann ratios in play here the thick pink line across is the macro 8/1 Gann ratio.
Just 8 days left till the December 9th who knows what will happen
Cycle Top April 30th 2022 (BTC)Sometime between 9th and 22th of December 2021 we will break this descending wedge to the upside. It will trigger the biggest disbelief rally since October 2020.
Sometime between 15th of April and 27th of May 2022 we will get the Bitcoin cycle top. I would say April 30th.
Next best time to buy Bitcoin February 2023 at 50k, next Bull market cycle start would be September 2024.
December 9th Bottom at 51k? (BTC)I am thinking of a possible scenario that could play out with Bitcoin and in my eyes it's the most likely scenario.
I have been in this postilion plenty of times before when Bitcoin creates a nice support structure with two reaction points (yellow dotted line) and everyone is now waiting for price to come back down to the support line so they can place there longs and when there is so much content and focus around a specific area like this support line , price normally goes lower.
When everyone is thinking the same thing and a lot of traders are calling the bottom , guess what ,it's normally not the bottom. The bottom always comes in always in the most unexpected of ways , this is why it's best to think of different ways things could play out.
Right now we are in a descending wedge and we have yet to hit the 0.618 at 51k , it is possible that Bitcoin's true bottom will be at this level breaking the support structure and creating mass fear before an impulsive move up to the 1.618 at 87k.
December 9th there is a Fibonacci Time sequence playing out on LTC which is basically a mirror of Bitcoin, I have been going over this date for weeks on previous TA's ,I will link below , this is the date we could see a bottom play out around 51k.
As always we could just break out of this descending wedge to the upside soon , we will know in the next 24hours.
BTCUSD - Break this Wedge away finally and better scenarioBYBIT:BTCUSD
12H trend chart
-
BTC just broke out the descending wedge in 12H, but this signal can only be confirmed after the closure of 12H candle.
If it does, It means the direction has changed, but will be hard to pump immediately due to resistance area is over there.
Therefore, better scenario is that BTC starts consolidating between resistance and support area marked in the chart to accumulate enough volume.
Further, keep going up.
-
Trading Strategy
Profit targets:
a) 59393~61999----Fib(1.272~1.382) --->Already Hit!
b) 67590----Fib(1.618) --->Already Hit!
c) 76640----Fib(2)
Anyway, never forget to control your risk
-
Let's see where BTC can bring us to!
-
If you like this analysis, smash the "like button" and leave a comment below to share your thousghts
or let me know what crypto you want to see!
Trading is a reflection of yourself. Learn more daily and be ready for every opportunity.
Have a nice trading!
SOLANA LONGS 💰💰💰Expect the price to make another leg to the upside potential making new ATH's, we are in a bullish market structure on a daily timeframe. Price made the retracement move back into discount market on fibonacci,huge spike below the 200$ where i think a lot of stops of those who went long are, whales liquididated them and we have green line to the upside right now.
Comment below what you think .
Brand huge bull coming!I was gonna post this when it was at $5 but it already double but this is only confirming that some huge buyers are seeing potential in this coin. Looking very BULLISH. Looking for ATH We may see this coin hitting $40 dollars or more. Why there is not really too many of these coin available. If we see brand break under $7 it will be bought back since its still cheap. There is alot of people trying to get their hands on band. Market cap is low. simple 4x and possible 10x. Brand is on most large exchange. Follow for more free analysis. ~~CrptoWhale100billion~~
Ankr easy 8x coin This coin is listed on coinbase and is the cheapest coin atm. Hold this coin for long easy way to double, tripple, 5x 10x.
.10 a share great long term hold and chance of you making loads
macd is about to cross in a few days. Bull coming back Keep watch on this coin.
Follow for more 10x coins.
altcoin dip inbound?today we have the total crypto makret cap w/o btc
first thing that stands out is the 1d jefe bear that has fromed showing bears with a bull trap and aiming to drove prices down and shed some money off the markets overall
the 1d chart also shows a db which will entice retail to think a market is bouncing giving way for a possible liquidation run for almost all alts as this pattern will be noticeable on most altcoins charts and sl and limit orders will be placed under creating a liquidity pool for bearish moves
the 3d open target was hit bun ran lower showing willingness to go futher to the downside
the 3d was unable to get to the open 3d candle that stated the bear move
on the opposite a swing low 3d is forming given a a sign of revovery i the 3d leg of the swing is broken then the down side move is confirmed
the 1w low is not at open also giving me bearsih biasness to 1.33t
on the opposite i see an 1w bull jefe setting up
the higher the tf the stronger the biasness toward price targets
with that being set im expecting a 5% decrease in alt coin market cap before running higher to end the week bullish if the low of the week comes in on tuesday or wednesday that would be a good sign that profit booking have taking place and price is ready to run
overall im expecting a bearish open of the week to cuase a sell off and cheap prices for buyers to come in and move the markets
BTC ready for a new push downwards to 50k?BTC since the 50% correction has been travelling within a rising channel, because of this it would make sense for bitcoin when making a higher high, to also create a lower low, i expect btc to down to 52-53k area to retest september highs
However we may also see a push down further due to a stop hunt aswell as a liquidity grab for all the limit orders.