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CRPTOCURRENCY

To be honest things aren’t looking good in Bitcoin.Welcome to this quick update. To be honest things aren’t looking good atm. Observe the chart carefully. We did broke down below the triangle but only in lower time frames. It can end up being a WICK in a daily candle close which matters the most. Keep in mind it’s really important for BTC to maintain the 34k level. If you’re holding btc better to keep an SL around 34300 level. Previously we bounced from the 34800 level. It must hold if it doesn’t this chart will get invalidated and we can see some lower price targets. Keeping in mind the current fear in the market We can get surprised too. Let’s wait for some action on Monday. Break and close above the 43k level could trigger a momentum for another bullish rally. Too soon to say anything though. SO IN A NUTSHELL : Close below 34k level bearish Close above 43k level Bullish Do hit the like button and share your views on the comment section. ❤️ If you find this helpful and want more FREE forecasts in Tradingview . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want me to help you become a better Crypto trader? Now, It's your turn! Be sure to leave a comment; let me know how you see this opportunity and forecast. Trade well, ❤️ #bitcoin #crypto #nextmove #bullmarket #sideways #btcusd #dailyclosed #pinpongzone
by Bitking786
2
January 10th 2022 Cycle Top 150-190kI was going to wait till after today to publish this but what I found cannot wait. If today's May 31st Fib Time zone confirms then we can go ahead and look at the next fib date in line which is January 10th 2022 and what I just realized is for the first time I get an overlap of Fib time dates. First Fib Time Zones dates (Orange lines ) So the First Fib time zone date is one on a macro scale of bitcoin starting November 2011 , I picked this start point because it's the start of the Genesis line(ibb.co) and the bottom of the log growth. The second point would be the top of 2013 cycle , once we place these two points we get the rest of the dates : 0 - 14th November 2011 1 - 25th November 2013 2 - 07th December 2015 3 - 18th December 2017 5 - 10th January 2022 So you can see that Fib Date 2 and 3 were pretty important , not so much 2 but date 3 called the top of the 2017 run. Second Fib Time dates (White Lines) These Fib time zone dates are on a micro scale. I have posted about these Fib Time zone dates for weeks in previous TAs which I link down below. If we do see a shift in momentum today then these Fib time zone dates are valid and the next shift in momentum would be January 10th 2022! So what we have is a overlap, a overlap of a micro and macro scale this is something that I have never come across , these are the Fib time zone dates : 0 - 09 March 2020 (Covid crash) 1 - 19 October 2021 2 - 31 May 2021 3 - 10 January 2022 First point would be the bottom of the covid crash and second point would be 19th October 2021 , I picked this date because there was a massive momentum shift that date , I believe the parabolic run started on this date. The Top So if we hit the top of the log growth band on that date bitcoin would be 150k if we overshoot to the Genesis line (Red Line) that would put Bitcoin at 190k. I have gone over the idea that Bitcoin will not break this line and it will act as resistance like it did in June 2019 at 14k. Bitcoin will most likely overshoot this low growth band like it did the last two tops , how much will it overshoot I don't know but the genesis line comes in at 190k, So a possible scenario would be that bitcoin tops at around 170k and closes that week at 150k. I will include below under related ideas all TAs that are linked with this conclusion. There is no other way I can put it. This is the top. Who’s Shorting? :)
INDEX:BTCUSDLong
by Sporia
1
Bitcoin Top Oct-Dec 2021 (Part 2)Here are two possible routes for bitcoin: V Shape Recovery (Grey Bar Pattern) The Covid crash of March 2020 saw a price crash 55% and took about 70days to recover . I have taken the bar pattern from the first leg of the bull run to show a possible path for bitcoin , now historically the final leg of a bitcoin bull run has a huge momentum increase so it's highly unlikely that we get the same momentum from the first leg mirrored to the final run up. Slow Recovery (Purple Bar Pattern) This second option shows a much longer recovery. This path seems more likely to me at this point but things change very quickly. If we start closing daily candles under 0.618 Fib level then I see this playing out. I have added the bar pattern of the final run up of the 2017 cycle just to give an idea how things could play out since right now the 2017 cycle and 2021 cycle are playing out very closely so far. I really think that the end of this bull run will be something similar like what happened this month , there won't be a blow of top scenario like other cycles because everyone is expecting something like that to happen and when everyone is looking at the same thing bitcoin tends to do the opposite. I have narrowed the cycle peak somewhere from October to December 2021 check out my previous TA.
INDEX:BTCUSDLong
by Sporia
10
Bitcoin Top Oct-Dec 2021 I took the 2017 fractal pattern from the first big pullback of the last cycle and added to this cycle showing a top on October 25th 2021 very interesting. Now that we hit 30000 ,we have three confluence points that create this bottom support line that puts together the final piece of the puzzle. The Date can be narrowed down between late October to December 2021 with a price range of 155000 to 190000 dollars. I strongly believe that the genesis line(ibb.co) will not be broken this cycle it will act as resistance like it did in June 2019 at 14000. We also have a Fib time zone date coming in the week of December 13th 2021. All bitcoin needs to do is not break this newly formed support line and we are good , a break of this support line and this analysis fails.
INDEX:BTCUSDLong
by Sporia
10
May 31st Decision Time (BITCOIN)We are coming up to the most important week of the bullrun for bitcoin , do we hold the 0.618 (fib Fan) Losing this fib level would change all Macro projections for this bullrun. May 31st is the day that could see a shift in momentum. May 31st is a Monday, I expect a big move to start happening early hours of Monday before the trading day even starts for most. If these Fib time zones turn out to be accurate pivot points in bitcoin the next one would be January 10th 2022, the top of the Fib Band on this date will be 280k bitcoin which lines up with Plans B price prediction of 280k. cointelegraph.com If we do break this fib level(0.618 Fan) and starting closing weekly candles under it, next targets would be about 25k and this would be the last line that bitcoin needs to hold to keep this bull run going, a break of 0.75 Fib Fan would confirm that we are going into some kind of a small bear market.
COINBASE:BTCUSD
by Sporia
1
Reversal Starting May 31st (BTC)If we start closing weekly candles above this 0.168 fib level we could see the start of a reversal coming , the date I get with the Fib time zones is May 31st . I have been covering this date here for weeks about that date possibly being an important pivot point , if we start closing weekly candles above 0.168 fib the chances are, momentum will swing to the upside. If we do break this fib next ,target would be 24k at the 0.75 fib. Recovery will take weeks if not months, HODL . If you don’t believe it or don’t get it, I don’t have the time to try to convince you, sorry. – Satoshi Nakamoto
COINBASE:BTCUSD
by Sporia
$BTC Bitcoin heading back to $30k?Its not been the best couple of weeks for Bitcoin investors with the price seeming to stall around the 60k mark and then Elon musk making a U-turn on $TSLA accepting the cryptocurrency as payment From a technical aspect, we have now created a series of lower highs and lower lows and currently in the process of breaking the 200EMA as well This breakdown could trigger a large amount of selling and send us back down to the next large support area of $30k. IS THE BITCOIN PARTY OVER?!
COINBASE:BTCUSDShort
by BenSparham
ADAUSD BUY/LONG could potentially reach 3.00 in June 2021TICKER CODE: ADAUSD Company Name: Cardano Industry: CryptoCurrency | Blockchain Position Proposed: BUY Technical Analysis 1. Large Megaphone Pattern (Breakout and Retraced) 2. Fibonacci Retracement at 0.618 (Golden Zone) 3. 1st Take Profit will be at Fibonacci Expansion Safe Take Profit and Flagpole Length Entry: WAITING For PULLBACK (1.8-2.00) 1st Partial Take Profit: 3.00 (June - August 2021) 2nd Partial Take Profit: 3.50 (October - December 2021) Please hold some volumes of the following cryptos: ADA, DOGE, XRP, and ETH
KRAKEN:ADAUSDLong
by traderprosignals
3