BTC - bullish flag breakout?It looks like BTC is breaking out of the bullish flag that started in January. RSI and MACD are both looking good, however the volume pattern isn't convincing.
I'll wait for confirmation tomorrow. Thoughts?
BTCEUR trade ideas
Fifth wave comingSince the ascending triangle came from a bearish wave, i wouldn't esxlude that the coming wave up will be weak, as fifth waves usually are.
In this case it will bounce against the resistance around 32.750€ and afterwards unroll a corrective wave.
Bitcoin is in this rising channel.Bitcoin is in this rising channel.
If we break the resistance line we can go to 32100 euro.
If we don't break the resistance line we can go to 31100 euro.
Don't forget to push the like button. Thank you.
BTC breake resistance scenarioProjecção do cenário de quebra de resistência.
Com definição de possiveis acções!
Prediction for bitcoinThe 2-Year MA Multiplier is intended to be used as a long term investment tool. It highlights periods where buying or selling Bitcoin during those times would have produced outsized returns. ... Buying Bitcoin when price drops below the 2yr MA (green line) has historically generated outsized returns.
The price prediction for bitcoin at this moment is 47000 euro but the red line is still rising !!!!
Don't forget to push the like button. Thank you.
My second opinion bitcoin is in uptrend channel.My second opinion bitcoin is in uptrend channel.
And we go to all time high and break it to 44000 euro.
Don't forget to push the like button. Thank you.
Bullish BTC Cup and HandlePossible BTC Cup and Handle
Just the continuation of my BTC analyses back in January2020, on the way to 41k/50k USD.
BTC testing Nov and Dec trend linesAlthough BTC is still inside the descending channel/bullish flag on the daily chart, it is now testing the November and December support trend lines. There is some divergence in smaller timeframes, though, so we may see some upside soon. It will be interesting to see what the next couple of days have for us.
For fun - Bull has strong legsOn a smaller time frame we see what looks like a double bottom.
I think we will see a retest of $33,000 and then back down below this bull. Time will tell
PUMP to 41kEUR/50kUSDSeems like we are inside a mega bullish flag.
Fine-tuned the TA posted previously on the Jan22.
Possible route to 41kEUR/50kUSD.
BTC/EUR (BTC/USD) Magnified repeating pattern?Hello everyone, this is no investing advice as I am no trader by any means.
It appears to me that a combination of apparent bearish and bulish head and shoulders patterns is forming on BTC/EUR (and BTC/USD) .
If finalized this will look like a magnified version of the already formed pattern and will result in a modification of the trend line inclination.
Unfortunatelly I cannot tell if this will end up being bullish or bearish, I am just trhowing an ideea here.
Cheers,
TR
BTC. I am learning wyckoff. Need help.Hi, i want to learn wyckoff. This is my first attempt. At first i tried doing accumulation analysis on 2H. Later saw that we have overbought on weekly RSI. Can someone clarify if were in distribution on bitcoin? What is right/wrong on the chart? Might post my distribution chart later if i get feedback. Thank you.
