Oxymoron
I'm not better than the next trader, just quicker at admitting my mistakes and moving on to the next opportunity.
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$BTC Alert!!
In my previous post, I highlighted two key reversal areas. The market has currently encountered resistance at the first area.
So, what’s next?
There are two potential scenarios:
1. Rejection at the First Reversal Area: If the market continues to face rejection at this level, it is likely to reverse and drop back to the $70,000 region, which marked the beginning of the recent uptrend.
2. Breakthrough of the First Reversal Area: Should the market manage to surpass this level, it could advance to the second reversal area before potentially reversing back to the $70,000 region.
---------------------------------------------
Action Steps:
1. Monitor Key Levels: Watch for signs at the first reversal area.
2.Set Alerts: Stay updated on market movements.
3.Analyze Volume: Check trading volume for support strength.
4.Review Indicators: Use tools like moving averages and RSI.
5.Manage Risk: Set stop-loss orders.
---------------------------------------------
Special Tips:
Protect Capital: Focus on major swings.
Research & Stay Calm: Do your own research.
Stay Updated: Follow market movements.
Disclaimer:
This is Not a financial advice; confirm trends before trading.
In my previous post, I highlighted two key reversal areas. The market has currently encountered resistance at the first area.
So, what’s next?
There are two potential scenarios:
1. Rejection at the First Reversal Area: If the market continues to face rejection at this level, it is likely to reverse and drop back to the $70,000 region, which marked the beginning of the recent uptrend.
2. Breakthrough of the First Reversal Area: Should the market manage to surpass this level, it could advance to the second reversal area before potentially reversing back to the $70,000 region.
---------------------------------------------
Action Steps:
1. Monitor Key Levels: Watch for signs at the first reversal area.
2.Set Alerts: Stay updated on market movements.
3.Analyze Volume: Check trading volume for support strength.
4.Review Indicators: Use tools like moving averages and RSI.
5.Manage Risk: Set stop-loss orders.
---------------------------------------------
Special Tips:
Protect Capital: Focus on major swings.
Research & Stay Calm: Do your own research.
Stay Updated: Follow market movements.
Disclaimer:
This is Not a financial advice; confirm trends before trading.
$BTC Alert!!
In current market, Bitcoin gain momentum and come to this price point. Now Bitcoin losing its strength. Indicating a possible down trend.
In my last post, I mentioned:
"Although it is very hard to say what will happen to the market due to current events, I will do my best to post my analysis soon for the upcoming movements."
Here are my thought's,,
* We have witnessed a significant move that led to the highest price point of all time. So, is this the end?
-No, it's not.
* On October 9th, I posted a theory that the market would surpass the previous high and continue to rise because it was about to break a 215-day trend back then.
* The market broke that trend and is now in a new trend, indicating an upcoming big move.
* Additionally, with Trump winning the election, both Trump and Elon Musk have shown a strong interest in the crypto market. Trump's victory will likely have a positive impact on the Bitcoin market.
* People are talking about Bitcoin reaching $100k, which seems possible at this point.
-----------------------------------------------------------
Question: What about now? Will the market go straight up to $100k?
Answer: No, the market doesn't work like that. It needs to gain momentum to go up. That's why the market goes down, traps traders, consolidates for a time, and after gaining enough momentum, it goes up.
* In the current market, Bitcoin has gained momentum to reach this price point. Now, Bitcoin is losing its strength, indicating a possible downtrend.
* But this will be a temporary downturn because the market needs momentum to go up. We can't say how much it will go down, so we should be careful now.
---------------------------------------------
Action Steps:
1. I showed 2 possible reversal points in my screenshot. Mark them and wait for upcoming move.
---------------------------------------------
Special Tips:
Protect Capital: Focus on major swings.
Research & Stay Calm: Do your own research.
Stay Updated: Follow market movements.
Disclaimer:
This is Not a financial advice; confirm trends before trading.
In current market, Bitcoin gain momentum and come to this price point. Now Bitcoin losing its strength. Indicating a possible down trend.
In my last post, I mentioned:
"Although it is very hard to say what will happen to the market due to current events, I will do my best to post my analysis soon for the upcoming movements."
Here are my thought's,,
* We have witnessed a significant move that led to the highest price point of all time. So, is this the end?
-No, it's not.
* On October 9th, I posted a theory that the market would surpass the previous high and continue to rise because it was about to break a 215-day trend back then.
* The market broke that trend and is now in a new trend, indicating an upcoming big move.
* Additionally, with Trump winning the election, both Trump and Elon Musk have shown a strong interest in the crypto market. Trump's victory will likely have a positive impact on the Bitcoin market.
* People are talking about Bitcoin reaching $100k, which seems possible at this point.
-----------------------------------------------------------
Question: What about now? Will the market go straight up to $100k?
Answer: No, the market doesn't work like that. It needs to gain momentum to go up. That's why the market goes down, traps traders, consolidates for a time, and after gaining enough momentum, it goes up.
* In the current market, Bitcoin has gained momentum to reach this price point. Now, Bitcoin is losing its strength, indicating a possible downtrend.
* But this will be a temporary downturn because the market needs momentum to go up. We can't say how much it will go down, so we should be careful now.
---------------------------------------------
Action Steps:
1. I showed 2 possible reversal points in my screenshot. Mark them and wait for upcoming move.
---------------------------------------------
Special Tips:
Protect Capital: Focus on major swings.
Research & Stay Calm: Do your own research.
Stay Updated: Follow market movements.
Disclaimer:
This is Not a financial advice; confirm trends before trading.
$BTC Alert!!
In current market, Bitcoin gain momentum and come to this price point. Now Bitcoin losing its strength. Indicating a possible down trend.
In my last post, I mentioned:
"Although it is very hard to say what will happen to the market due to current events, I will do my best to post my analysis soon for the upcoming movements."
Here are my thought's,,
* We have witnessed a significant move that led to the highest price point of all time. So, is this the end?
-No, it's not.
* On October 9th, I posted a theory that the market would surpass the previous high and continue to rise because it was about to break a 215-day trend back then.
* The market broke that trend and is now in a new trend, indicating an upcoming big move.
* Additionally, with Trump winning the election, both Trump and Elon Musk have shown a strong interest in the crypto market. Trump's victory will likely have a positive impact on the Bitcoin market.
* People are talking about Bitcoin reaching $100k, which seems possible at this point.
-----------------------------------------------------------
Question: What about now? Will the market go straight up to $100k?
Answer: No, the market doesn't work like that. It needs to gain momentum to go up. That's why the market goes down, traps traders, consolidates for a time, and after gaining enough momentum, it goes up.
* In the current market, Bitcoin has gained momentum to reach this price point. Now, Bitcoin is losing its strength, indicating a possible downtrend.
* But this will be a temporary downturn because the market needs momentum to go up. We can't say how much it will go down, so we should be careful now.
---------------------------------------------
Action Steps:
1. I showed 2 possible reversal points in my screenshot. Mark them and wait for upcoming move.
---------------------------------------------
Special Tips:
Protect Capital: Focus on major swings.
Research & Stay Calm: Do your own research.
Stay Updated: Follow market movements.
Disclaimer:
This is Not a financial advice; confirm trends before trading.
In current market, Bitcoin gain momentum and come to this price point. Now Bitcoin losing its strength. Indicating a possible down trend.
In my last post, I mentioned:
"Although it is very hard to say what will happen to the market due to current events, I will do my best to post my analysis soon for the upcoming movements."
Here are my thought's,,
* We have witnessed a significant move that led to the highest price point of all time. So, is this the end?
-No, it's not.
* On October 9th, I posted a theory that the market would surpass the previous high and continue to rise because it was about to break a 215-day trend back then.
* The market broke that trend and is now in a new trend, indicating an upcoming big move.
* Additionally, with Trump winning the election, both Trump and Elon Musk have shown a strong interest in the crypto market. Trump's victory will likely have a positive impact on the Bitcoin market.
* People are talking about Bitcoin reaching $100k, which seems possible at this point.
-----------------------------------------------------------
Question: What about now? Will the market go straight up to $100k?
Answer: No, the market doesn't work like that. It needs to gain momentum to go up. That's why the market goes down, traps traders, consolidates for a time, and after gaining enough momentum, it goes up.
* In the current market, Bitcoin has gained momentum to reach this price point. Now, Bitcoin is losing its strength, indicating a possible downtrend.
* But this will be a temporary downturn because the market needs momentum to go up. We can't say how much it will go down, so we should be careful now.
---------------------------------------------
Action Steps:
1. I showed 2 possible reversal points in my screenshot. Mark them and wait for upcoming move.
---------------------------------------------
Special Tips:
Protect Capital: Focus on major swings.
Research & Stay Calm: Do your own research.
Stay Updated: Follow market movements.
Disclaimer:
This is Not a financial advice; confirm trends before trading.
$BTC Alert!
On October 9th,
I shared my daytime frame analysis, predicting that the market would reach an all-time high, contrary to theories suggesting a drop to $40,000.
* At that time, I had only one confirmation, so it was just a theory for me, and I was waiting for a second confirmation.
* After crossing $66,500, I received my second confirmation. On October 19th, I posted about this confirmation.
* During this period, I received some negative comments but also a lot of support, for which I am truly grateful.
Now, The market is around $74,000.
The question is, what's next?
Ans: Although it is very hard to say because of current events, I will do my best to post my analysis soon for the upcoming movements.
Stay tuned.
I apologize for my absence again. It was a personal matter, but I hope to be as active as I used to be very soon. Thank you for reading.
On October 9th,
I shared my daytime frame analysis, predicting that the market would reach an all-time high, contrary to theories suggesting a drop to $40,000.
* At that time, I had only one confirmation, so it was just a theory for me, and I was waiting for a second confirmation.
* After crossing $66,500, I received my second confirmation. On October 19th, I posted about this confirmation.
* During this period, I received some negative comments but also a lot of support, for which I am truly grateful.
Now, The market is around $74,000.
The question is, what's next?
Ans: Although it is very hard to say because of current events, I will do my best to post my analysis soon for the upcoming movements.
Stay tuned.
I apologize for my absence again. It was a personal matter, but I hope to be as active as I used to be very soon. Thank you for reading.
$BTC Alert!
On October 9th,
I shared my daytime frame analysis, predicting that the market would reach an all-time high, contrary to theories suggesting a drop to $40,000.
* At that time, I had only one confirmation, so it was just a theory for me, and I was waiting for a second confirmation.
* After crossing $66,500, I received my second confirmation. On October 19th, I posted about this confirmation.
* During this period, I received some negative comments but also a lot of support, for which I am truly grateful.
Now, The market is around $74,000.
The question is, what's next?
Ans: Although it is very hard to say because of current events, I will do my best to post my analysis soon for the upcoming movements.
Stay tuned.
I apologize for my absence again. It was a personal matter, but I hope to be as active as I used to be very soon. Thank you for reading.
On October 9th,
I shared my daytime frame analysis, predicting that the market would reach an all-time high, contrary to theories suggesting a drop to $40,000.
* At that time, I had only one confirmation, so it was just a theory for me, and I was waiting for a second confirmation.
* After crossing $66,500, I received my second confirmation. On October 19th, I posted about this confirmation.
* During this period, I received some negative comments but also a lot of support, for which I am truly grateful.
Now, The market is around $74,000.
The question is, what's next?
Ans: Although it is very hard to say because of current events, I will do my best to post my analysis soon for the upcoming movements.
Stay tuned.
I apologize for my absence again. It was a personal matter, but I hope to be as active as I used to be very soon. Thank you for reading.
$BTC Alert!!
I said that, “Market is now giving fake break out, to trap us. Buyers are very active in the market, we will see an up trend very soon. "
I said this by analyzing in 1 day and 30 min time frame. But the market is not going up, so what is happening with bitcoin? Let's see.
---------------------------------------------
1-Day Time Frame:
* After reaching its peak, Bitcoin’s market showed signs of weakening, leading many to anticipate a drop to $40k.
*However, the market broke a 215-day trend, prompting a reconsideration of potential upward movement.
*Awaiting final confirmation, I remain optimistic about a possible uptrend in the coming days, despite differing opinions suggesting a downturn.
----------------------------------------------
30-Minute Time Frame:
* Recently, market goes down to the range of $61,980 - $62,380. Here market consolidate for almost 2 -3 days.
* Observing a falling wedge pattern, which is typically bullish and indicates a potential reversal or continuation of an uptrend.
* Both the 1-day and 30-minute time frames suggest an upward move soon.
//Falling wedges are bullish patterns that typically indicate either a reversal or continuation of an uptrend. When this pattern breaks upward, it signals a bullish move.
---------------------------------------------
Conclusion:
*As the day time frame and 30 min time frame both indicate an up trend, I hope we can see an upward move soon.
* Markets rarely move in a straight line; corrections, consolidations, and fake outs are common.
* While technical analysis is a valuable tool, the market’s unpredictability means it cannot be relied upon 100%.
---------------------------------------------
Special Tips:
Protect Capital: Focus on major swings.
Research & Stay Calm: Do your own research.
Stay Updated: Follow market movements.
Disclaimer:
This is Not a financial advice; confirm trends before trading.
I said that, “Market is now giving fake break out, to trap us. Buyers are very active in the market, we will see an up trend very soon. "
I said this by analyzing in 1 day and 30 min time frame. But the market is not going up, so what is happening with bitcoin? Let's see.
---------------------------------------------
1-Day Time Frame:
* After reaching its peak, Bitcoin’s market showed signs of weakening, leading many to anticipate a drop to $40k.
*However, the market broke a 215-day trend, prompting a reconsideration of potential upward movement.
*Awaiting final confirmation, I remain optimistic about a possible uptrend in the coming days, despite differing opinions suggesting a downturn.
----------------------------------------------
30-Minute Time Frame:
* Recently, market goes down to the range of $61,980 - $62,380. Here market consolidate for almost 2 -3 days.
* Observing a falling wedge pattern, which is typically bullish and indicates a potential reversal or continuation of an uptrend.
* Both the 1-day and 30-minute time frames suggest an upward move soon.
//Falling wedges are bullish patterns that typically indicate either a reversal or continuation of an uptrend. When this pattern breaks upward, it signals a bullish move.
---------------------------------------------
Conclusion:
*As the day time frame and 30 min time frame both indicate an up trend, I hope we can see an upward move soon.
* Markets rarely move in a straight line; corrections, consolidations, and fake outs are common.
* While technical analysis is a valuable tool, the market’s unpredictability means it cannot be relied upon 100%.
---------------------------------------------
Special Tips:
Protect Capital: Focus on major swings.
Research & Stay Calm: Do your own research.
Stay Updated: Follow market movements.
Disclaimer:
This is Not a financial advice; confirm trends before trading.
$BTC Alert!!
Ten days ago,
I shared my day time frame analysis, predicting that the market would reach an all-time high, contrary to the theory suggesting a drop to $40,000.
In my view, the market had already broken a 225-day trend, and I was waiting for confirmation.
After Bitcoin crossed the $65,700 level, my theory is now confirmed. Current price is $68,095
I will provide a detailed update on my day analysis soon. Stay tuned.
*I apologize for my absence. I was unwell and unable to respond. Thank you for your patience.
Ten days ago,
I shared my day time frame analysis, predicting that the market would reach an all-time high, contrary to the theory suggesting a drop to $40,000.
In my view, the market had already broken a 225-day trend, and I was waiting for confirmation.
After Bitcoin crossed the $65,700 level, my theory is now confirmed. Current price is $68,095
I will provide a detailed update on my day analysis soon. Stay tuned.
*I apologize for my absence. I was unwell and unable to respond. Thank you for your patience.
$BTC Alert!!
I said that, “Market is now giving fake break out, to trap us. Buyers are very active in the market, we will see an up trend very soon. "
I said this by analyzing in 1 day and 30 min time frame. But the market is not going up, so what is happening with bitcoin? Let's see.
---------------------------------------------
1-Day Time Frame:
* After reaching its peak, Bitcoin’s market showed signs of weakening, leading many to anticipate a drop to $40k.
*However, the market broke a 215-day trend, prompting a reconsideration of potential upward movement.
*Awaiting final confirmation, I remain optimistic about a possible uptrend in the coming days, despite differing opinions suggesting a downturn.
----------------------------------------------
30-Minute Time Frame:
* Recently, market goes down to the range of $61,980 - $62,380. Here market consolidate for almost 2 -3 days.
* Observing a falling wedge pattern, which is typically bullish and indicates a potential reversal or continuation of an uptrend.
* Both the 1-day and 30-minute time frames suggest an upward move soon.
//Falling wedges are bullish patterns that typically indicate either a reversal or continuation of an uptrend. When this pattern breaks upward, it signals a bullish move.
---------------------------------------------
Conclusion:
*As the day time frame and 30 min time frame both indicate an up trend, I hope we can see an upward move soon.
* Markets rarely move in a straight line; corrections, consolidations, and fake outs are common.
* While technical analysis is a valuable tool, the market’s unpredictability means it cannot be relied upon 100%.
---------------------------------------------
Special Tips:
Protect Capital: Focus on major swings.
Research & Stay Calm: Do your own research.
Stay Updated: Follow market movements.
Disclaimer:
This is Not a financial advice; confirm trends before trading.
I said that, “Market is now giving fake break out, to trap us. Buyers are very active in the market, we will see an up trend very soon. "
I said this by analyzing in 1 day and 30 min time frame. But the market is not going up, so what is happening with bitcoin? Let's see.
---------------------------------------------
1-Day Time Frame:
* After reaching its peak, Bitcoin’s market showed signs of weakening, leading many to anticipate a drop to $40k.
*However, the market broke a 215-day trend, prompting a reconsideration of potential upward movement.
*Awaiting final confirmation, I remain optimistic about a possible uptrend in the coming days, despite differing opinions suggesting a downturn.
----------------------------------------------
30-Minute Time Frame:
* Recently, market goes down to the range of $61,980 - $62,380. Here market consolidate for almost 2 -3 days.
* Observing a falling wedge pattern, which is typically bullish and indicates a potential reversal or continuation of an uptrend.
* Both the 1-day and 30-minute time frames suggest an upward move soon.
//Falling wedges are bullish patterns that typically indicate either a reversal or continuation of an uptrend. When this pattern breaks upward, it signals a bullish move.
---------------------------------------------
Conclusion:
*As the day time frame and 30 min time frame both indicate an up trend, I hope we can see an upward move soon.
* Markets rarely move in a straight line; corrections, consolidations, and fake outs are common.
* While technical analysis is a valuable tool, the market’s unpredictability means it cannot be relied upon 100%.
---------------------------------------------
Special Tips:
Protect Capital: Focus on major swings.
Research & Stay Calm: Do your own research.
Stay Updated: Follow market movements.
Disclaimer:
This is Not a financial advice; confirm trends before trading.
$BTC Alert!!
I was right and The market is now up about 7% from the point I showed.
The current market price is $63,150. The market is now consolidating. When the market consolidates, it creates an illusion to trap traders and gain potential for the upcoming big change.
So let's see what will be the next move of the market.
--------------------------------------------------------------
Ascending Triangle Pattern:
*** In 1h time-frame,
We’re observing an "ascending triangle pattern during bull trend."
Here’s what you need to know:
1. Reversal Point: If the market breaks below the support line, it could signal a reversal (a potential downward move).
2. Continuation Point: If the market breaks above the resistance line, it suggests further upward movement.
---------------------------------------------------------------
Action Steps:
1. Draw trend lines as shown (connecting the highs and lows).
2. Wait for either the support or resistance line to break.
3. If resistance breaks, expect higher prices.
4. If support breaks, watch for a potential move toward $60,500.
------------------------------------------------
Special Tips:
Protect Capital: Focus on major swings.
Research & Stay Calm: Do your own research.
Stay Updated: Follow market movements.
Disclaimer:
This is Not a financial advice; confirm trends before trading.
-----------------------------------------------
Soon I will update you guys with, 1D, 1M time frame analysis to prove my " upcoming bull trend theory. ".
Stay Tuned.
I was right and The market is now up about 7% from the point I showed.
The current market price is $63,150. The market is now consolidating. When the market consolidates, it creates an illusion to trap traders and gain potential for the upcoming big change.
So let's see what will be the next move of the market.
--------------------------------------------------------------
Ascending Triangle Pattern:
*** In 1h time-frame,
We’re observing an "ascending triangle pattern during bull trend."
Here’s what you need to know:
1. Reversal Point: If the market breaks below the support line, it could signal a reversal (a potential downward move).
2. Continuation Point: If the market breaks above the resistance line, it suggests further upward movement.
---------------------------------------------------------------
Action Steps:
1. Draw trend lines as shown (connecting the highs and lows).
2. Wait for either the support or resistance line to break.
3. If resistance breaks, expect higher prices.
4. If support breaks, watch for a potential move toward $60,500.
------------------------------------------------
Special Tips:
Protect Capital: Focus on major swings.
Research & Stay Calm: Do your own research.
Stay Updated: Follow market movements.
Disclaimer:
This is Not a financial advice; confirm trends before trading.
-----------------------------------------------
Soon I will update you guys with, 1D, 1M time frame analysis to prove my " upcoming bull trend theory. ".
Stay Tuned.
I said in my 30 min time frame analysis that,
" we are Observing a falling wedge pattern, which is typically bullish and indicates a potential reversal or continuation of an uptrend. "
------------------------------------------------
* Al though I hoped that market will go up, but we got another dump as market break the falling wedge pattern downside.
* Also market dumped to the point, where it was started. so nothing to warry about, my 1 day time frame analysis is still working.
* As market touched the starting point, now we are gonna face a bull trend.
* But for safety, watch this $58,830 level closely. if market go farther down and cross this level, we can see a dump to the half point of last 35 day. which is around $58,100.
( keep in mind that my 1 day time frame analysis is valid until market break $58,100.)
------------------------------------------------
Conclusion:
*As the day time frame and 30 min time frame both indicate an up trend, I hope we can see an upward move soon.
* Keep a close eye on the $58,830 level. Breaking this level could lead us to $58,100.
* My theory remains in effect until the market decisively breaks below $58,100.
* Markets rarely move in a straight line; corrections, consolidations, and fake outs are common.
* While technical analysis is a valuable tool, the market’s unpredictability means it cannot be relied upon 100%.
------------------------------------------------
Special Tips:
Protect Capital: Focus on major swings.
Research & Stay Calm: Do your own research.
Stay Updated: Follow market movements.
Disclaimer:
This is Not a financial advice; confirm trends before trading.
" we are Observing a falling wedge pattern, which is typically bullish and indicates a potential reversal or continuation of an uptrend. "
------------------------------------------------
* Al though I hoped that market will go up, but we got another dump as market break the falling wedge pattern downside.
* Also market dumped to the point, where it was started. so nothing to warry about, my 1 day time frame analysis is still working.
* As market touched the starting point, now we are gonna face a bull trend.
* But for safety, watch this $58,830 level closely. if market go farther down and cross this level, we can see a dump to the half point of last 35 day. which is around $58,100.
( keep in mind that my 1 day time frame analysis is valid until market break $58,100.)
------------------------------------------------
Conclusion:
*As the day time frame and 30 min time frame both indicate an up trend, I hope we can see an upward move soon.
* Keep a close eye on the $58,830 level. Breaking this level could lead us to $58,100.
* My theory remains in effect until the market decisively breaks below $58,100.
* Markets rarely move in a straight line; corrections, consolidations, and fake outs are common.
* While technical analysis is a valuable tool, the market’s unpredictability means it cannot be relied upon 100%.
------------------------------------------------
Special Tips:
Protect Capital: Focus on major swings.
Research & Stay Calm: Do your own research.
Stay Updated: Follow market movements.
Disclaimer:
This is Not a financial advice; confirm trends before trading.
I said in my 30 min time frame analysis that,
" we are Observing a falling wedge pattern, which is typically bullish and indicates a potential reversal or continuation of an uptrend. "
------------------------------------------------
* Al though I hoped that market will go up, but we got another dump as market break the falling wedge pattern downside.
* Also market dumped to the point, where it was started. so nothing to warry about, my 1 day time frame analysis is still working.
* As market touched the starting point, now we are gonna face a bull trend.
* But for safety, watch this $58,830 level closely. if market go farther down and cross this level, we can see a dump to the half point of last 35 day. which is around $58,100.
( keep in mind that my 1 day time frame analysis is valid until market break $58,100.)
------------------------------------------------
Conclusion:
*As the day time frame and 30 min time frame both indicate an up trend, I hope we can see an upward move soon.
* Keep a close eye on the $58,830 level. Breaking this level could lead us to $58,100.
* My theory remains in effect until the market decisively breaks below $58,100.
* Markets rarely move in a straight line; corrections, consolidations, and fake outs are common.
* While technical analysis is a valuable tool, the market’s unpredictability means it cannot be relied upon 100%.
------------------------------------------------
Special Tips:
Protect Capital: Focus on major swings.
Research & Stay Calm: Do your own research.
Stay Updated: Follow market movements.
Disclaimer:
This is Not a financial advice; confirm trends before trading.
" we are Observing a falling wedge pattern, which is typically bullish and indicates a potential reversal or continuation of an uptrend. "
------------------------------------------------
* Al though I hoped that market will go up, but we got another dump as market break the falling wedge pattern downside.
* Also market dumped to the point, where it was started. so nothing to warry about, my 1 day time frame analysis is still working.
* As market touched the starting point, now we are gonna face a bull trend.
* But for safety, watch this $58,830 level closely. if market go farther down and cross this level, we can see a dump to the half point of last 35 day. which is around $58,100.
( keep in mind that my 1 day time frame analysis is valid until market break $58,100.)
------------------------------------------------
Conclusion:
*As the day time frame and 30 min time frame both indicate an up trend, I hope we can see an upward move soon.
* Keep a close eye on the $58,830 level. Breaking this level could lead us to $58,100.
* My theory remains in effect until the market decisively breaks below $58,100.
* Markets rarely move in a straight line; corrections, consolidations, and fake outs are common.
* While technical analysis is a valuable tool, the market’s unpredictability means it cannot be relied upon 100%.
------------------------------------------------
Special Tips:
Protect Capital: Focus on major swings.
Research & Stay Calm: Do your own research.
Stay Updated: Follow market movements.
Disclaimer:
This is Not a financial advice; confirm trends before trading.
$BTC Alert!!
I said that, “Market is now giving fake break out, to trap us. Buyers are very active in the market, we will see an up trend very soon. "
I said this by analyzing in 1 day and 30 min time frame. But the market is not going up, so what is happening with bitcoin? Let's see.
---------------------------------------------
1-Day Time Frame:
* After reaching its peak, Bitcoin’s market showed signs of weakening, leading many to anticipate a drop to $40k.
*However, the market broke a 215-day trend, prompting a reconsideration of potential upward movement.
*Awaiting final confirmation, I remain optimistic about a possible uptrend in the coming days, despite differing opinions suggesting a downturn.
----------------------------------------------
30-Minute Time Frame:
* Recently, market goes down to the range of $61,980 - $62,380. Here market consolidate for almost 2 -3 days.
* Observing a falling wedge pattern, which is typically bullish and indicates a potential reversal or continuation of an uptrend.
* Both the 1-day and 30-minute time frames suggest an upward move soon.
//Falling wedges are bullish patterns that typically indicate either a reversal or continuation of an uptrend. When this pattern breaks upward, it signals a bullish move.
---------------------------------------------
Conclusion:
*As the day time frame and 30 min time frame both indicate an up trend, I hope we can see an upward move soon.
* Markets rarely move in a straight line; corrections, consolidations, and fake outs are common.
* While technical analysis is a valuable tool, the market’s unpredictability means it cannot be relied upon 100%.
---------------------------------------------
Special Tips:
Protect Capital: Focus on major swings.
Research & Stay Calm: Do your own research.
Stay Updated: Follow market movements.
Disclaimer:
This is Not a financial advice; confirm trends before trading.
I said that, “Market is now giving fake break out, to trap us. Buyers are very active in the market, we will see an up trend very soon. "
I said this by analyzing in 1 day and 30 min time frame. But the market is not going up, so what is happening with bitcoin? Let's see.
---------------------------------------------
1-Day Time Frame:
* After reaching its peak, Bitcoin’s market showed signs of weakening, leading many to anticipate a drop to $40k.
*However, the market broke a 215-day trend, prompting a reconsideration of potential upward movement.
*Awaiting final confirmation, I remain optimistic about a possible uptrend in the coming days, despite differing opinions suggesting a downturn.
----------------------------------------------
30-Minute Time Frame:
* Recently, market goes down to the range of $61,980 - $62,380. Here market consolidate for almost 2 -3 days.
* Observing a falling wedge pattern, which is typically bullish and indicates a potential reversal or continuation of an uptrend.
* Both the 1-day and 30-minute time frames suggest an upward move soon.
//Falling wedges are bullish patterns that typically indicate either a reversal or continuation of an uptrend. When this pattern breaks upward, it signals a bullish move.
---------------------------------------------
Conclusion:
*As the day time frame and 30 min time frame both indicate an up trend, I hope we can see an upward move soon.
* Markets rarely move in a straight line; corrections, consolidations, and fake outs are common.
* While technical analysis is a valuable tool, the market’s unpredictability means it cannot be relied upon 100%.
---------------------------------------------
Special Tips:
Protect Capital: Focus on major swings.
Research & Stay Calm: Do your own research.
Stay Updated: Follow market movements.
Disclaimer:
This is Not a financial advice; confirm trends before trading.
$BTC Alert!!
I said that, “Market is now giving fake break out, to trap us. Buyers are very active in the market, we will see an up trend very soon. "
I said this by analyzing in 1 day and 30 min time frame. But the market is not going up, so what is happening with bitcoin? Let's see.
---------------------------------------------
1-Day Time Frame:
* After reaching its peak, Bitcoin’s market showed signs of weakening, leading many to anticipate a drop to $40k.
*However, the market broke a 215-day trend, prompting a reconsideration of potential upward movement.
*Awaiting final confirmation, I remain optimistic about a possible uptrend in the coming days, despite differing opinions suggesting a downturn.
----------------------------------------------
30-Minute Time Frame:
* Recently, market goes down to the range of $61,980 - $62,380. Here market consolidate for almost 2 -3 days.
* Observing a falling wedge pattern, which is typically bullish and indicates a potential reversal or continuation of an uptrend.
* Both the 1-day and 30-minute time frames suggest an upward move soon.
//Falling wedges are bullish patterns that typically indicate either a reversal or continuation of an uptrend. When this pattern breaks upward, it signals a bullish move.
---------------------------------------------
Conclusion:
*As the day time frame and 30 min time frame both indicate an up trend, I hope we can see an upward move soon.
* Markets rarely move in a straight line; corrections, consolidations, and fake outs are common.
* While technical analysis is a valuable tool, the market’s unpredictability means it cannot be relied upon 100%.
---------------------------------------------
Special Tips:
Protect Capital: Focus on major swings.
Research & Stay Calm: Do your own research.
Stay Updated: Follow market movements.
Disclaimer:
This is Not a financial advice; confirm trends before trading.
I said that, “Market is now giving fake break out, to trap us. Buyers are very active in the market, we will see an up trend very soon. "
I said this by analyzing in 1 day and 30 min time frame. But the market is not going up, so what is happening with bitcoin? Let's see.
---------------------------------------------
1-Day Time Frame:
* After reaching its peak, Bitcoin’s market showed signs of weakening, leading many to anticipate a drop to $40k.
*However, the market broke a 215-day trend, prompting a reconsideration of potential upward movement.
*Awaiting final confirmation, I remain optimistic about a possible uptrend in the coming days, despite differing opinions suggesting a downturn.
----------------------------------------------
30-Minute Time Frame:
* Recently, market goes down to the range of $61,980 - $62,380. Here market consolidate for almost 2 -3 days.
* Observing a falling wedge pattern, which is typically bullish and indicates a potential reversal or continuation of an uptrend.
* Both the 1-day and 30-minute time frames suggest an upward move soon.
//Falling wedges are bullish patterns that typically indicate either a reversal or continuation of an uptrend. When this pattern breaks upward, it signals a bullish move.
---------------------------------------------
Conclusion:
*As the day time frame and 30 min time frame both indicate an up trend, I hope we can see an upward move soon.
* Markets rarely move in a straight line; corrections, consolidations, and fake outs are common.
* While technical analysis is a valuable tool, the market’s unpredictability means it cannot be relied upon 100%.
---------------------------------------------
Special Tips:
Protect Capital: Focus on major swings.
Research & Stay Calm: Do your own research.
Stay Updated: Follow market movements.
Disclaimer:
This is Not a financial advice; confirm trends before trading.
$BTC Alert!!
I hear from many people that the market will go down. But I have a different opinion.
Yesterday i said, "After showing a falling wedge pattern and crossing $61,980 to $62,380 range as shown by me, Crossing this level confirmed the falling wedge patterns bull trend. Very soon we are going to witness a bullish trend that could take us around $64,00. "
Then Recently market goes around $64,420 and then market again comes to $61,980 to $62,380 range. Because the market consolidated here only 3-4 days ago.
Although I hear from many people that the market will go down.
But I have said in my day time frame analysis that the market will go up. I said that with confirmation and I am still positive with my analysis.
I'll still stick with my theory. Market is now giving fake break out, to trap us. We will not be trapped.
Buyers are very active in the market, we will see an up trend very soon.
(I am sharing the picture of my day timeframe analysis for your understanding. Soon I will make some update on day time frame and explain more about it.)
Special Tips:
Protect Capital: Focus on major swings.
Research & Stay Calm: Do your own research.
Stay Updated: Follow market movements.
Disclaimer:
This is Not a financial advice; confirm trends before trading.
I hear from many people that the market will go down. But I have a different opinion.
Yesterday i said, "After showing a falling wedge pattern and crossing $61,980 to $62,380 range as shown by me, Crossing this level confirmed the falling wedge patterns bull trend. Very soon we are going to witness a bullish trend that could take us around $64,00. "
Then Recently market goes around $64,420 and then market again comes to $61,980 to $62,380 range. Because the market consolidated here only 3-4 days ago.
Although I hear from many people that the market will go down.
But I have said in my day time frame analysis that the market will go up. I said that with confirmation and I am still positive with my analysis.
I'll still stick with my theory. Market is now giving fake break out, to trap us. We will not be trapped.
Buyers are very active in the market, we will see an up trend very soon.
(I am sharing the picture of my day timeframe analysis for your understanding. Soon I will make some update on day time frame and explain more about it.)
Special Tips:
Protect Capital: Focus on major swings.
Research & Stay Calm: Do your own research.
Stay Updated: Follow market movements.
Disclaimer:
This is Not a financial advice; confirm trends before trading.
$BTC Alert!!
I hear from many people that the market will go down. But I have a different opinion.
Yesterday i said, "After showing a falling wedge pattern and crossing $61,980 to $62,380 range as shown by me, Crossing this level confirmed the falling wedge patterns bull trend. Very soon we are going to witness a bullish trend that could take us around $64,00. "
Then Recently market goes around $64,420 and then market again comes to $61,980 to $62,380 range. Because the market consolidated here only 3-4 days ago.
Although I hear from many people that the market will go down.
But I have said in my day time frame analysis that the market will go up. I said that with confirmation and I am still positive with my analysis.
I'll still stick with my theory. Market is now giving fake break out, to trap us. We will not be trapped.
Buyers are very active in the market, we will see an up trend very soon.
(I am sharing the picture of my day timeframe analysis for your understanding. Soon I will make some update on day time frame and explain more about it.)
Special Tips:
Protect Capital: Focus on major swings.
Research & Stay Calm: Do your own research.
Stay Updated: Follow market movements.
Disclaimer:
This is Not a financial advice; confirm trends before trading.
I hear from many people that the market will go down. But I have a different opinion.
Yesterday i said, "After showing a falling wedge pattern and crossing $61,980 to $62,380 range as shown by me, Crossing this level confirmed the falling wedge patterns bull trend. Very soon we are going to witness a bullish trend that could take us around $64,00. "
Then Recently market goes around $64,420 and then market again comes to $61,980 to $62,380 range. Because the market consolidated here only 3-4 days ago.
Although I hear from many people that the market will go down.
But I have said in my day time frame analysis that the market will go up. I said that with confirmation and I am still positive with my analysis.
I'll still stick with my theory. Market is now giving fake break out, to trap us. We will not be trapped.
Buyers are very active in the market, we will see an up trend very soon.
(I am sharing the picture of my day timeframe analysis for your understanding. Soon I will make some update on day time frame and explain more about it.)
Special Tips:
Protect Capital: Focus on major swings.
Research & Stay Calm: Do your own research.
Stay Updated: Follow market movements.
Disclaimer:
This is Not a financial advice; confirm trends before trading.
$BTC update
I received a lot of hate in my last post.
As I mentioned after bull trend my theory confirmation post,
" This is not the time for celebrate. Market Does not go straight up. It will go down for a bit, then go all the way up. "
Then I posted another confirmation about a bull trend. That lead us to around $64,450.
Then I received a lot of hate because soon after reaching $64,450, market goes down to the range of $61,980 - $62,380. Here market consolidate for almost 2 -3 days.
But before you hate me,
1. It’s essential to recognize that markets rarely move in a straight line. Corrections, consolidations, and fake outs are part of the game.
2. The recent pullback was not unexpected; it’s a natural part of building momentum toward the next resistance level.
*** Anyway, I am still confident on my theory. This pullback is a classic fake-out, and the bull trend is still intact. My 1 day charts analysis is still working.
** Market is not 100% predictable and that's why in every post I give some special tips and a disclaimer.
Special Tips:
Protect Capital: Focus on major swings.
Research & Stay Calm: Do your own research.
Stay Updated: Follow market movements.
Disclaimer:
This is Not a financial advice; confirm trends before trading.
I received a lot of hate in my last post.
As I mentioned after bull trend my theory confirmation post,
" This is not the time for celebrate. Market Does not go straight up. It will go down for a bit, then go all the way up. "
Then I posted another confirmation about a bull trend. That lead us to around $64,450.
Then I received a lot of hate because soon after reaching $64,450, market goes down to the range of $61,980 - $62,380. Here market consolidate for almost 2 -3 days.
But before you hate me,
1. It’s essential to recognize that markets rarely move in a straight line. Corrections, consolidations, and fake outs are part of the game.
2. The recent pullback was not unexpected; it’s a natural part of building momentum toward the next resistance level.
*** Anyway, I am still confident on my theory. This pullback is a classic fake-out, and the bull trend is still intact. My 1 day charts analysis is still working.
** Market is not 100% predictable and that's why in every post I give some special tips and a disclaimer.
Special Tips:
Protect Capital: Focus on major swings.
Research & Stay Calm: Do your own research.
Stay Updated: Follow market movements.
Disclaimer:
This is Not a financial advice; confirm trends before trading.
$BTC Alert!!
Theory confirmed! I was right. Market is now around $64,000.
Anyway, this is not the time for celebrate. Market Does not go straight up. It will go down for a bit, then go all the way up.
I will update very soon. Stay tuned for next update.
Theory confirmed! I was right. Market is now around $64,000.
Anyway, this is not the time for celebrate. Market Does not go straight up. It will go down for a bit, then go all the way up.
I will update very soon. Stay tuned for next update.
$BTC Alert!!
People are getting confused about the market.
Meanwhile, I was right. After going down for a bit, now market will go all the way up very soon. I said that 9h ago.
The fake out is ending, Get ready for a bull ride.
Disclaimer: This is Not a financial advice; confirm trends before trading.
People are getting confused about the market.
Meanwhile, I was right. After going down for a bit, now market will go all the way up very soon. I said that 9h ago.
The fake out is ending, Get ready for a bull ride.
Disclaimer: This is Not a financial advice; confirm trends before trading.
$BTC Alert!!
Theory confirmed! I was right. Market is now around $64,000.
Anyway, this is not the time for celebrate. Market Does not go straight up. It will go down for a bit, then go all the way up.
I will update very soon. Stay tuned for next update.
Theory confirmed! I was right. Market is now around $64,000.
Anyway, this is not the time for celebrate. Market Does not go straight up. It will go down for a bit, then go all the way up.
I will update very soon. Stay tuned for next update.
$BTC Alert!!
Theory confirmed! I was right. Market is now around $64,000.
Anyway, this is not the time for celebrate. Market Does not go straight up. It will go down for a bit, then go all the way up.
I will update very soon. Stay tuned for next update.
Theory confirmed! I was right. Market is now around $64,000.
Anyway, this is not the time for celebrate. Market Does not go straight up. It will go down for a bit, then go all the way up.
I will update very soon. Stay tuned for next update.
$BTC Alert!!
After showing a falling wedge pattern and crossing $61,980 to $62,380 range as shown by me, it seems the fake breakout is over.
Crossing this level confirmed the falling wedge patterns bull trend. Very soon we are going to witness a bullish trend that could take us around $64,00.
In the previous post I gave a detailed explanation about the reason for the bull trend. I am giving that summary today for convenience.
Previous Analysis Recap:
*The market started at $57,844 and crossed $65,120.
*The $66,820 resistance was crucial due to Bitcoin’s highest price 190 days ago.
*Breaking $66,820 could lead to the next support level and a potential reversal point.
*Technical analysis pointed to $90,000 as the main reversal point.
*Markets rarely move directly through important levels; they often fake breakouts and trap traders.
Current Situation:
*The market has filled half of the 20-day gap. Which is for a fake breakout.
*After showing a falling wedge pattern and confirming the bull trend, it seems the fake breakout is over.
*Reaching the reversal point appears likely, but unpredictability remains.
Special Tips:
Protect Capital: Focus on major swings.
Research & Stay Calm: Do your own research.
Stay Updated: Follow market movements.
Disclaimer:
This is Not a financial advice; confirm trends before trading.
After showing a falling wedge pattern and crossing $61,980 to $62,380 range as shown by me, it seems the fake breakout is over.
Crossing this level confirmed the falling wedge patterns bull trend. Very soon we are going to witness a bullish trend that could take us around $64,00.
In the previous post I gave a detailed explanation about the reason for the bull trend. I am giving that summary today for convenience.
Previous Analysis Recap:
*The market started at $57,844 and crossed $65,120.
*The $66,820 resistance was crucial due to Bitcoin’s highest price 190 days ago.
*Breaking $66,820 could lead to the next support level and a potential reversal point.
*Technical analysis pointed to $90,000 as the main reversal point.
*Markets rarely move directly through important levels; they often fake breakouts and trap traders.
Current Situation:
*The market has filled half of the 20-day gap. Which is for a fake breakout.
*After showing a falling wedge pattern and confirming the bull trend, it seems the fake breakout is over.
*Reaching the reversal point appears likely, but unpredictability remains.
Special Tips:
Protect Capital: Focus on major swings.
Research & Stay Calm: Do your own research.
Stay Updated: Follow market movements.
Disclaimer:
This is Not a financial advice; confirm trends before trading.
$BTC Alert!!
After showing a falling wedge pattern and crossing $61,980 to $62,380 range as shown by me, it seems the fake breakout is over.
Crossing this level confirmed the falling wedge patterns bull trend. Very soon we are going to witness a bullish trend that could take us around $64,00.
In the previous post I gave a detailed explanation about the reason for the bull trend. I am giving that summary today for convenience.
Previous Analysis Recap:
*The market started at $57,844 and crossed $65,120.
*The $66,820 resistance was crucial due to Bitcoin’s highest price 190 days ago.
*Breaking $66,820 could lead to the next support level and a potential reversal point.
*Technical analysis pointed to $90,000 as the main reversal point.
*Markets rarely move directly through important levels; they often fake breakouts and trap traders.
Current Situation:
*The market has filled half of the 20-day gap. Which is for a fake breakout.
*After showing a falling wedge pattern and confirming the bull trend, it seems the fake breakout is over.
*Reaching the reversal point appears likely, but unpredictability remains.
Special Tips:
Protect Capital: Focus on major swings.
Research & Stay Calm: Do your own research.
Stay Updated: Follow market movements.
Disclaimer:
This is Not a financial advice; confirm trends before trading.
After showing a falling wedge pattern and crossing $61,980 to $62,380 range as shown by me, it seems the fake breakout is over.
Crossing this level confirmed the falling wedge patterns bull trend. Very soon we are going to witness a bullish trend that could take us around $64,00.
In the previous post I gave a detailed explanation about the reason for the bull trend. I am giving that summary today for convenience.
Previous Analysis Recap:
*The market started at $57,844 and crossed $65,120.
*The $66,820 resistance was crucial due to Bitcoin’s highest price 190 days ago.
*Breaking $66,820 could lead to the next support level and a potential reversal point.
*Technical analysis pointed to $90,000 as the main reversal point.
*Markets rarely move directly through important levels; they often fake breakouts and trap traders.
Current Situation:
*The market has filled half of the 20-day gap. Which is for a fake breakout.
*After showing a falling wedge pattern and confirming the bull trend, it seems the fake breakout is over.
*Reaching the reversal point appears likely, but unpredictability remains.
Special Tips:
Protect Capital: Focus on major swings.
Research & Stay Calm: Do your own research.
Stay Updated: Follow market movements.
Disclaimer:
This is Not a financial advice; confirm trends before trading.
$BTC Alert!!
Yesterday I showed $61,980 - $62,380 resistance. This market is consolidate. So yesterday's analysis is still valid.
Today I will explain the logic of my analysis. But I am giving a summery of yesterday Frist :
* Bitcoin broke out of a falling wedge pattern—a bullish sign.
* Watch for confirmation if it crosses the $61,980 - $62,380 resistance.
* If the market rejects this resistance, potential downside or consolidation, with $57,844 as a key level
What I said on Oct 1, you can take it as its update version. I said,
"
*A look at the last 14 days chart shows that the market started pushing itself from $57,844, which then crossed $65,120.
*According to the bull trend, the market was supposed to cross the $66,820 resistance. But that's not how the market works.
*$66,820 resistance is an important level because Bitcoin reached its highest price point 190 days ago.
*Since then, it has been breaking support levels while struggling to break resistance levels, indicating a weakening market.
*It will be the end of the trend when the market hits the $66,820 resistance.
*Then breaking $66,820 could lead to the next support level and potentially the reversal point.
*The market may reverse at the last high of $73,710, but this is unlikely. Technical analysis suggests $90,000 as the main reversal point.
*However, the market will not cross such an important level at once; instead, it will fake break out once, trap trader's, gain
volume, and then cross.
*Although the market can fill up the last 14-day gap, the probability is low. The market fills half the gap and will push itself up to the reversal point with volume. "
Now,,,
The market has filled half of that 14-day gap, and the market is moving higher after showing a falling wedge pattern. Which is very likely to reach the reversal point.
But since the market is unpredictable, there is still a possibility that the market will go down to fill the gap of 14 days (today 20 days). That is why we will proceed with the confirmation.
I say it again,
My yesterday's analysis is still valid.
Yesterday I showed $61,980 - $62,380 resistance. This market is consolidate. So yesterday's analysis is still valid.
Today I will explain the logic of my analysis. But I am giving a summery of yesterday Frist :
* Bitcoin broke out of a falling wedge pattern—a bullish sign.
* Watch for confirmation if it crosses the $61,980 - $62,380 resistance.
* If the market rejects this resistance, potential downside or consolidation, with $57,844 as a key level
What I said on Oct 1, you can take it as its update version. I said,
"
*A look at the last 14 days chart shows that the market started pushing itself from $57,844, which then crossed $65,120.
*According to the bull trend, the market was supposed to cross the $66,820 resistance. But that's not how the market works.
*$66,820 resistance is an important level because Bitcoin reached its highest price point 190 days ago.
*Since then, it has been breaking support levels while struggling to break resistance levels, indicating a weakening market.
*It will be the end of the trend when the market hits the $66,820 resistance.
*Then breaking $66,820 could lead to the next support level and potentially the reversal point.
*The market may reverse at the last high of $73,710, but this is unlikely. Technical analysis suggests $90,000 as the main reversal point.
*However, the market will not cross such an important level at once; instead, it will fake break out once, trap trader's, gain
volume, and then cross.
*Although the market can fill up the last 14-day gap, the probability is low. The market fills half the gap and will push itself up to the reversal point with volume. "
Now,,,
The market has filled half of that 14-day gap, and the market is moving higher after showing a falling wedge pattern. Which is very likely to reach the reversal point.
But since the market is unpredictable, there is still a possibility that the market will go down to fill the gap of 14 days (today 20 days). That is why we will proceed with the confirmation.
I say it again,
My yesterday's analysis is still valid.
$BTC Alert!!
Yesterday I showed $61,980 - $62,380 resistance. This market is consolidate. So yesterday's analysis is still valid.
Today I will explain the logic of my analysis. But I am giving a summery of yesterday Frist :
* Bitcoin broke out of a falling wedge pattern—a bullish sign.
* Watch for confirmation if it crosses the $61,980 - $62,380 resistance.
* If the market rejects this resistance, potential downside or consolidation, with $57,844 as a key level
What I said on Oct 1, you can take it as its update version. I said,
"
*A look at the last 14 days chart shows that the market started pushing itself from $57,844, which then crossed $65,120.
*According to the bull trend, the market was supposed to cross the $66,820 resistance. But that's not how the market works.
*$66,820 resistance is an important level because Bitcoin reached its highest price point 190 days ago.
*Since then, it has been breaking support levels while struggling to break resistance levels, indicating a weakening market.
*It will be the end of the trend when the market hits the $66,820 resistance.
*Then breaking $66,820 could lead to the next support level and potentially the reversal point.
*The market may reverse at the last high of $73,710, but this is unlikely. Technical analysis suggests $90,000 as the main reversal point.
*However, the market will not cross such an important level at once; instead, it will fake break out once, trap trader's, gain
volume, and then cross.
*Although the market can fill up the last 14-day gap, the probability is low. The market fills half the gap and will push itself up to the reversal point with volume. "
Now,,,
The market has filled half of that 14-day gap, and the market is moving higher after showing a falling wedge pattern. Which is very likely to reach the reversal point.
But since the market is unpredictable, there is still a possibility that the market will go down to fill the gap of 14 days (today 20 days). That is why we will proceed with the confirmation.
I say it again,
My yesterday's analysis is still valid.
Yesterday I showed $61,980 - $62,380 resistance. This market is consolidate. So yesterday's analysis is still valid.
Today I will explain the logic of my analysis. But I am giving a summery of yesterday Frist :
* Bitcoin broke out of a falling wedge pattern—a bullish sign.
* Watch for confirmation if it crosses the $61,980 - $62,380 resistance.
* If the market rejects this resistance, potential downside or consolidation, with $57,844 as a key level
What I said on Oct 1, you can take it as its update version. I said,
"
*A look at the last 14 days chart shows that the market started pushing itself from $57,844, which then crossed $65,120.
*According to the bull trend, the market was supposed to cross the $66,820 resistance. But that's not how the market works.
*$66,820 resistance is an important level because Bitcoin reached its highest price point 190 days ago.
*Since then, it has been breaking support levels while struggling to break resistance levels, indicating a weakening market.
*It will be the end of the trend when the market hits the $66,820 resistance.
*Then breaking $66,820 could lead to the next support level and potentially the reversal point.
*The market may reverse at the last high of $73,710, but this is unlikely. Technical analysis suggests $90,000 as the main reversal point.
*However, the market will not cross such an important level at once; instead, it will fake break out once, trap trader's, gain
volume, and then cross.
*Although the market can fill up the last 14-day gap, the probability is low. The market fills half the gap and will push itself up to the reversal point with volume. "
Now,,,
The market has filled half of that 14-day gap, and the market is moving higher after showing a falling wedge pattern. Which is very likely to reach the reversal point.
But since the market is unpredictable, there is still a possibility that the market will go down to fill the gap of 14 days (today 20 days). That is why we will proceed with the confirmation.
I say it again,
My yesterday's analysis is still valid.
$BTC Alert!!
Yesterday, I talked about the falling wedge pattern.
I said, “ On the 30-minute chart, we notice a falling wedge pattern forming. When this pattern breaks upward, it signals a bullish move.”
Now that the market has broken this pattern and gone higher, let's talk about the next possibility.
1. We know when the falling wedge pattern is formed and the market breaks this pattern and goes up, it signals a bullish move.
2. But the market can be unpredictable, so we need double confirmation.
3. As I show in the picture,
if the market crosses the $61,980 - $62,380 price point, then the market will confirm the bullish move. This can lead to $66,820.
4. But,
If the market rejects this resistance and cannot break through, we could see further consolidation or a down move, which could lead to the $57,844 price point.
5. Here’s a succinct summary:
* Bitcoin broke out of a falling wedge pattern—a bullish sign.
* Watch for confirmation if it crosses the $61,980 - $62,380 resistance.
* If the market rejects this resistance, Potential downside or consolidation, with $57,844 as a key level
Special Tips:
Protect Capital: Focus on major swings.
Research & Stay Calm: Do your own research.
Stay Updated: Follow market movements.
Disclaimer:
This is Not a financial advice; confirm trends before trading.
Yesterday, I talked about the falling wedge pattern.
I said, “ On the 30-minute chart, we notice a falling wedge pattern forming. When this pattern breaks upward, it signals a bullish move.”
Now that the market has broken this pattern and gone higher, let's talk about the next possibility.
1. We know when the falling wedge pattern is formed and the market breaks this pattern and goes up, it signals a bullish move.
2. But the market can be unpredictable, so we need double confirmation.
3. As I show in the picture,
if the market crosses the $61,980 - $62,380 price point, then the market will confirm the bullish move. This can lead to $66,820.
4. But,
If the market rejects this resistance and cannot break through, we could see further consolidation or a down move, which could lead to the $57,844 price point.
5. Here’s a succinct summary:
* Bitcoin broke out of a falling wedge pattern—a bullish sign.
* Watch for confirmation if it crosses the $61,980 - $62,380 resistance.
* If the market rejects this resistance, Potential downside or consolidation, with $57,844 as a key level
Special Tips:
Protect Capital: Focus on major swings.
Research & Stay Calm: Do your own research.
Stay Updated: Follow market movements.
Disclaimer:
This is Not a financial advice; confirm trends before trading.
#WeAreAllSatoshi $BTC
Satoshi Nakamoto: the enigmatic figure behind Bitcoin. Here's a wild mix of theories:
1. Elon Musk: A wild theory suggests that the Tesla CEO might be Satoshi Nakamoto, given his interest in technology and cryptocurrencies. However, this theory lacks any substantial evidence.
2. Hal Finney: A cryptography pioneer and the first person to receive Bitcoin from Satoshi Nakamoto. He was also an early contributor to the Bitcoin codebase. Some think his close relationship with Satoshi might indicate he is the creator.
3. Nick Szabo: A computer scientist and cryptographer known for creating the concept of "bit gold," a precursor to Bitcoin. Some believe his technical expertise and early work in digital currency make him a likely candidate.
4. Dorian Nakamoto: A Japanese-American man whose name sounds similar to "Satoshi Nakamoto." He was identified by a Newsweek article in 2014, but he denied any involvement with Bitcoin.
5. Group Effort: Some believe that Satoshi Nakamoto is not a single individual but a group of people working together to create Bitcoin.
Despite these theories, the true identity of Satoshi Nakamoto remains unknown, and it's possible that it will stay that way. The mystery adds an element of intrigue to the story of Bitcoin and its origins.
Satoshi Nakamoto: the enigmatic figure behind Bitcoin. Here's a wild mix of theories:
1. Elon Musk: A wild theory suggests that the Tesla CEO might be Satoshi Nakamoto, given his interest in technology and cryptocurrencies. However, this theory lacks any substantial evidence.
2. Hal Finney: A cryptography pioneer and the first person to receive Bitcoin from Satoshi Nakamoto. He was also an early contributor to the Bitcoin codebase. Some think his close relationship with Satoshi might indicate he is the creator.
3. Nick Szabo: A computer scientist and cryptographer known for creating the concept of "bit gold," a precursor to Bitcoin. Some believe his technical expertise and early work in digital currency make him a likely candidate.
4. Dorian Nakamoto: A Japanese-American man whose name sounds similar to "Satoshi Nakamoto." He was identified by a Newsweek article in 2014, but he denied any involvement with Bitcoin.
5. Group Effort: Some believe that Satoshi Nakamoto is not a single individual but a group of people working together to create Bitcoin.
Despite these theories, the true identity of Satoshi Nakamoto remains unknown, and it's possible that it will stay that way. The mystery adds an element of intrigue to the story of Bitcoin and its origins.
$BTC Alert!!
Yesterday, I talked about the falling wedge pattern.
I said, “ On the 30-minute chart, we notice a falling wedge pattern forming. When this pattern breaks upward, it signals a bullish move.”
Now that the market has broken this pattern and gone higher, let's talk about the next possibility.
1. We know when the falling wedge pattern is formed and the market breaks this pattern and goes up, it signals a bullish move.
2. But the market can be unpredictable, so we need double confirmation.
3. As I show in the picture,
if the market crosses the $61,980 - $62,380 price point, then the market will confirm the bullish move. This can lead to $66,820.
4. But,
If the market rejects this resistance and cannot break through, we could see further consolidation or a down move, which could lead to the $57,844 price point.
5. Here’s a succinct summary:
* Bitcoin broke out of a falling wedge pattern—a bullish sign.
* Watch for confirmation if it crosses the $61,980 - $62,380 resistance.
* If the market rejects this resistance, Potential downside or consolidation, with $57,844 as a key level
Special Tips:
Protect Capital: Focus on major swings.
Research & Stay Calm: Do your own research.
Stay Updated: Follow market movements.
Disclaimer:
This is Not a financial advice; confirm trends before trading.
Yesterday, I talked about the falling wedge pattern.
I said, “ On the 30-minute chart, we notice a falling wedge pattern forming. When this pattern breaks upward, it signals a bullish move.”
Now that the market has broken this pattern and gone higher, let's talk about the next possibility.
1. We know when the falling wedge pattern is formed and the market breaks this pattern and goes up, it signals a bullish move.
2. But the market can be unpredictable, so we need double confirmation.
3. As I show in the picture,
if the market crosses the $61,980 - $62,380 price point, then the market will confirm the bullish move. This can lead to $66,820.
4. But,
If the market rejects this resistance and cannot break through, we could see further consolidation or a down move, which could lead to the $57,844 price point.
5. Here’s a succinct summary:
* Bitcoin broke out of a falling wedge pattern—a bullish sign.
* Watch for confirmation if it crosses the $61,980 - $62,380 resistance.
* If the market rejects this resistance, Potential downside or consolidation, with $57,844 as a key level
Special Tips:
Protect Capital: Focus on major swings.
Research & Stay Calm: Do your own research.
Stay Updated: Follow market movements.
Disclaimer:
This is Not a financial advice; confirm trends before trading.
$BTC Alert!
people are still confused.
Just as I said,
"The market has reached $60,500 and now it's consolidating for an upcoming big change."
Then I also say that,
" Breakout Watch:
If the price goes above $62,740 and $62,330, it might head towards $66,820.
Support Levels:
If the price doesn't go up and cross $59,200. It might drop to around $57,844 to fill a gap from the last 15 days. "
People are still confused. So let's dive into a detailed analysis.
//I will add some information that I used before in my previous post for better understanding.
Now, let’s dive deeper:
* Recent Price Action:
Over the last 15 days, Bitcoin’s price moved from $57,844 to breach $65,120.
Ideally, this bullish trend should have continued past the $66,820 resistance level.
* Why $66,820 Matters:
$66,820 is crucial—it’s where Bitcoin hit its highest price 190 days ago.
But here’s the catch: Support levels have weakened, and resistance remains tough.
* Potential Reversal:
Breaking the $65,120 resistance hints at a trend reversal.
If BTC reaches $66,820, it might signal the end of the current trend.
*Market Mind Games:
Markets rarely play fair. They fake breakouts, trap traders, and then reveal their true intentions.
Que: So, what’s next?
Ans: The market is still consolidating. On the 30-minute chart, we notice a falling wedge pattern forming.
//Falling wedges are bullish patterns that typically indicate either a reversal or continuation of an uptrend. When this pattern breaks upward, it signals a bullish move.
However, we’ll remain cautious and wait for confirmation before making any decisions.
So, I am saying it again,
* Breakout Watch:
If the price exceeds $62,740 and $62,330, expect a potential move toward $66,820.
*Support Levels:
If the price fails to rise and cross $59,200, anticipate a drop to approximately $57,844 to fill the recent gap.
Disclaimer: This is Not a financial advice; confirm trends before trading.
people are still confused.
Just as I said,
"The market has reached $60,500 and now it's consolidating for an upcoming big change."
Then I also say that,
" Breakout Watch:
If the price goes above $62,740 and $62,330, it might head towards $66,820.
Support Levels:
If the price doesn't go up and cross $59,200. It might drop to around $57,844 to fill a gap from the last 15 days. "
People are still confused. So let's dive into a detailed analysis.
//I will add some information that I used before in my previous post for better understanding.
Now, let’s dive deeper:
* Recent Price Action:
Over the last 15 days, Bitcoin’s price moved from $57,844 to breach $65,120.
Ideally, this bullish trend should have continued past the $66,820 resistance level.
* Why $66,820 Matters:
$66,820 is crucial—it’s where Bitcoin hit its highest price 190 days ago.
But here’s the catch: Support levels have weakened, and resistance remains tough.
* Potential Reversal:
Breaking the $65,120 resistance hints at a trend reversal.
If BTC reaches $66,820, it might signal the end of the current trend.
*Market Mind Games:
Markets rarely play fair. They fake breakouts, trap traders, and then reveal their true intentions.
Que: So, what’s next?
Ans: The market is still consolidating. On the 30-minute chart, we notice a falling wedge pattern forming.
//Falling wedges are bullish patterns that typically indicate either a reversal or continuation of an uptrend. When this pattern breaks upward, it signals a bullish move.
However, we’ll remain cautious and wait for confirmation before making any decisions.
So, I am saying it again,
* Breakout Watch:
If the price exceeds $62,740 and $62,330, expect a potential move toward $66,820.
*Support Levels:
If the price fails to rise and cross $59,200, anticipate a drop to approximately $57,844 to fill the recent gap.
Disclaimer: This is Not a financial advice; confirm trends before trading.
$BTC Alert!
people are still confused.
Just as I said,
"The market has reached $60,500 and now it's consolidating for an upcoming big change."
Then I also say that,
" Breakout Watch:
If the price goes above $62,740 and $62,330, it might head towards $66,820.
Support Levels:
If the price doesn't go up and cross $59,200. It might drop to around $57,844 to fill a gap from the last 15 days. "
People are still confused. So let's dive into a detailed analysis.
//I will add some information that I used before in my previous post for better understanding.
Now, let’s dive deeper:
* Recent Price Action:
Over the last 15 days, Bitcoin’s price moved from $57,844 to breach $65,120.
Ideally, this bullish trend should have continued past the $66,820 resistance level.
* Why $66,820 Matters:
$66,820 is crucial—it’s where Bitcoin hit its highest price 190 days ago.
But here’s the catch: Support levels have weakened, and resistance remains tough.
* Potential Reversal:
Breaking the $65,120 resistance hints at a trend reversal.
If BTC reaches $66,820, it might signal the end of the current trend.
*Market Mind Games:
Markets rarely play fair. They fake breakouts, trap traders, and then reveal their true intentions.
Que: So, what’s next?
Ans: The market is still consolidating. On the 30-minute chart, we notice a falling wedge pattern forming.
//Falling wedges are bullish patterns that typically indicate either a reversal or continuation of an uptrend. When this pattern breaks upward, it signals a bullish move.
However, we’ll remain cautious and wait for confirmation before making any decisions.
So, I am saying it again,
* Breakout Watch:
If the price exceeds $62,740 and $62,330, expect a potential move toward $66,820.
*Support Levels:
If the price fails to rise and cross $59,200, anticipate a drop to approximately $57,844 to fill the recent gap.
Disclaimer: This is Not a financial advice; confirm trends before trading.
people are still confused.
Just as I said,
"The market has reached $60,500 and now it's consolidating for an upcoming big change."
Then I also say that,
" Breakout Watch:
If the price goes above $62,740 and $62,330, it might head towards $66,820.
Support Levels:
If the price doesn't go up and cross $59,200. It might drop to around $57,844 to fill a gap from the last 15 days. "
People are still confused. So let's dive into a detailed analysis.
//I will add some information that I used before in my previous post for better understanding.
Now, let’s dive deeper:
* Recent Price Action:
Over the last 15 days, Bitcoin’s price moved from $57,844 to breach $65,120.
Ideally, this bullish trend should have continued past the $66,820 resistance level.
* Why $66,820 Matters:
$66,820 is crucial—it’s where Bitcoin hit its highest price 190 days ago.
But here’s the catch: Support levels have weakened, and resistance remains tough.
* Potential Reversal:
Breaking the $65,120 resistance hints at a trend reversal.
If BTC reaches $66,820, it might signal the end of the current trend.
*Market Mind Games:
Markets rarely play fair. They fake breakouts, trap traders, and then reveal their true intentions.
Que: So, what’s next?
Ans: The market is still consolidating. On the 30-minute chart, we notice a falling wedge pattern forming.
//Falling wedges are bullish patterns that typically indicate either a reversal or continuation of an uptrend. When this pattern breaks upward, it signals a bullish move.
However, we’ll remain cautious and wait for confirmation before making any decisions.
So, I am saying it again,
* Breakout Watch:
If the price exceeds $62,740 and $62,330, expect a potential move toward $66,820.
*Support Levels:
If the price fails to rise and cross $59,200, anticipate a drop to approximately $57,844 to fill the recent gap.
Disclaimer: This is Not a financial advice; confirm trends before trading.
$BTC Alert!!
I was right and The market has reached $60,500 and Now It's consolidating for upcoming big change.
Lets talk about next Possible Moves:
* Breakout Watch:
If the price goes above $62,740 and $62,330, it might head towards $66,820.
/// As The market fills half the gap of last 15 days, now Bitcoin will push itself up to the reversal point with volume. ( confirm after it cross $66,820 )
* Volume Check:
Look for more trading activity (volume). This can show which way the market might move next.
* Support Levels:
If the price doesn’t go up and cross $59,200 . It might drop to around $57,844 to fill a gap from the last 15 days.
* Reversal Points:
If the price breaks above $66,820, it could go up to $73,710 in the short term or even $90,000 in the long term.
Action Plan:
* Set Alerts:
For $62,740, $62,330, and $59,200 to get notified of important price changes.
* Monitor Volume: Keep an eye on trading activity, especially when the price is near key levels.
* Stay Flexible: Be ready to change your strategy based on how the market moves.
Special Tips:
Protect Capital: Focus on major swings.
Research & Stay Calm: Do your own research.
Stay Updated: Follow market movements.
Disclaimer:
This is Not a financial advice; confirm trends before trading.
I was right and The market has reached $60,500 and Now It's consolidating for upcoming big change.
Lets talk about next Possible Moves:
* Breakout Watch:
If the price goes above $62,740 and $62,330, it might head towards $66,820.
/// As The market fills half the gap of last 15 days, now Bitcoin will push itself up to the reversal point with volume. ( confirm after it cross $66,820 )
* Volume Check:
Look for more trading activity (volume). This can show which way the market might move next.
* Support Levels:
If the price doesn’t go up and cross $59,200 . It might drop to around $57,844 to fill a gap from the last 15 days.
* Reversal Points:
If the price breaks above $66,820, it could go up to $73,710 in the short term or even $90,000 in the long term.
Action Plan:
* Set Alerts:
For $62,740, $62,330, and $59,200 to get notified of important price changes.
* Monitor Volume: Keep an eye on trading activity, especially when the price is near key levels.
* Stay Flexible: Be ready to change your strategy based on how the market moves.
Special Tips:
Protect Capital: Focus on major swings.
Research & Stay Calm: Do your own research.
Stay Updated: Follow market movements.
Disclaimer:
This is Not a financial advice; confirm trends before trading.
$BTC Alert!!
I was right and The market has reached $60,500 and Now It's consolidating for upcoming big change.
Lets talk about next Possible Moves:
* Breakout Watch:
If the price goes above $62,740 and $62,330, it might head towards $66,820.
/// As The market fills half the gap of last 15 days, now Bitcoin will push itself up to the reversal point with volume. ( confirm after it cross $66,820 )
* Volume Check:
Look for more trading activity (volume). This can show which way the market might move next.
* Support Levels:
If the price doesn’t go up and cross $59,200 . It might drop to around $57,844 to fill a gap from the last 15 days.
* Reversal Points:
If the price breaks above $66,820, it could go up to $73,710 in the short term or even $90,000 in the long term.
Action Plan:
* Set Alerts:
For $62,740, $62,330, and $59,200 to get notified of important price changes.
* Monitor Volume: Keep an eye on trading activity, especially when the price is near key levels.
* Stay Flexible: Be ready to change your strategy based on how the market moves.
Special Tips:
Protect Capital: Focus on major swings.
Research & Stay Calm: Do your own research.
Stay Updated: Follow market movements.
Disclaimer:
This is Not a financial advice; confirm trends before trading.
I was right and The market has reached $60,500 and Now It's consolidating for upcoming big change.
Lets talk about next Possible Moves:
* Breakout Watch:
If the price goes above $62,740 and $62,330, it might head towards $66,820.
/// As The market fills half the gap of last 15 days, now Bitcoin will push itself up to the reversal point with volume. ( confirm after it cross $66,820 )
* Volume Check:
Look for more trading activity (volume). This can show which way the market might move next.
* Support Levels:
If the price doesn’t go up and cross $59,200 . It might drop to around $57,844 to fill a gap from the last 15 days.
* Reversal Points:
If the price breaks above $66,820, it could go up to $73,710 in the short term or even $90,000 in the long term.
Action Plan:
* Set Alerts:
For $62,740, $62,330, and $59,200 to get notified of important price changes.
* Monitor Volume: Keep an eye on trading activity, especially when the price is near key levels.
* Stay Flexible: Be ready to change your strategy based on how the market moves.
Special Tips:
Protect Capital: Focus on major swings.
Research & Stay Calm: Do your own research.
Stay Updated: Follow market movements.
Disclaimer:
This is Not a financial advice; confirm trends before trading.
$BTC Alert!!
In my last post, I was talking about a potential fake breakdown. I said,
"Potential Fake-Out: If the market rejects the $66,820 resistance, a fake breakout to around $60,500 is possible, followed by a rise to the reversal point."
Let’s see what’s next.
* A look at the last 14 days chart shows that the market started pushing itself from $57,844, which then crossed $65,120. According to the bull trend, the market was supposed to cross the $66,820 resistance. But that’s not how the market works.
* $66,820 resistance is an important level because Bitcoin reached its highest price point 190 days ago. Since then, it has been breaking support levels while struggling to break resistance levels, indicating a weakening market.
* Breaking the $65,120 resistance shows signs of ending the current trend. It will be the end of the trend when the market hits the $66,820 resistance. Then breaking $66,820 could lead to the next support level and potentially the reversal point.
* However, the market will not cross such an important level at once; instead, it will fake break out once, trap trader’s, gain volume, and then cross.
Q: Now what?
A: As I said, the market can go around $60,500, but only when the market crosses $62,740 and $62,330. Although the market can fill up the last 14-day gap, the probability is low. The market fills half the gap and will push itself up to the reversal point with volume. ( only when it cross $66,820 )
Q: Where is the reversal point?
A: The market may reverse at the last high of $73,710, but this is unlikely. Technical analysis suggests $90,000 as the main reversal point.
Action Plan:
1. Watch Key Levels: $66,820, $62,740, $62,330
2. Set Alerts: For these levels
3. Volume: Watch for spikes at $66,820
4. Gap Analysis: Monitor 14-day gap
5. Reversal Points: $73,710 (short-term), $90,000 (main)
Special Tips
Protect Capital: Focus on major swings.
Research & Stay Calm: Do your own research.
Stay Updated: Follow market movements.
Disclaimer: Not financial advice; confirm trends before trading.
In my last post, I was talking about a potential fake breakdown. I said,
"Potential Fake-Out: If the market rejects the $66,820 resistance, a fake breakout to around $60,500 is possible, followed by a rise to the reversal point."
Let’s see what’s next.
* A look at the last 14 days chart shows that the market started pushing itself from $57,844, which then crossed $65,120. According to the bull trend, the market was supposed to cross the $66,820 resistance. But that’s not how the market works.
* $66,820 resistance is an important level because Bitcoin reached its highest price point 190 days ago. Since then, it has been breaking support levels while struggling to break resistance levels, indicating a weakening market.
* Breaking the $65,120 resistance shows signs of ending the current trend. It will be the end of the trend when the market hits the $66,820 resistance. Then breaking $66,820 could lead to the next support level and potentially the reversal point.
* However, the market will not cross such an important level at once; instead, it will fake break out once, trap trader’s, gain volume, and then cross.
Q: Now what?
A: As I said, the market can go around $60,500, but only when the market crosses $62,740 and $62,330. Although the market can fill up the last 14-day gap, the probability is low. The market fills half the gap and will push itself up to the reversal point with volume. ( only when it cross $66,820 )
Q: Where is the reversal point?
A: The market may reverse at the last high of $73,710, but this is unlikely. Technical analysis suggests $90,000 as the main reversal point.
Action Plan:
1. Watch Key Levels: $66,820, $62,740, $62,330
2. Set Alerts: For these levels
3. Volume: Watch for spikes at $66,820
4. Gap Analysis: Monitor 14-day gap
5. Reversal Points: $73,710 (short-term), $90,000 (main)
Special Tips
Protect Capital: Focus on major swings.
Research & Stay Calm: Do your own research.
Stay Updated: Follow market movements.
Disclaimer: Not financial advice; confirm trends before trading.
$BTC Alert!!
In my last post, I was talking about a potential fake breakdown. I said,
"Potential Fake-Out: If the market rejects the $66,820 resistance, a fake breakout to around $60,500 is possible, followed by a rise to the reversal point."
Let’s see what’s next.
* A look at the last 14 days chart shows that the market started pushing itself from $57,844, which then crossed $65,120. According to the bull trend, the market was supposed to cross the $66,820 resistance. But that’s not how the market works.
* $66,820 resistance is an important level because Bitcoin reached its highest price point 190 days ago. Since then, it has been breaking support levels while struggling to break resistance levels, indicating a weakening market.
* Breaking the $65,120 resistance shows signs of ending the current trend. It will be the end of the trend when the market hits the $66,820 resistance. Then breaking $66,820 could lead to the next support level and potentially the reversal point.
* However, the market will not cross such an important level at once; instead, it will fake break out once, trap trader’s, gain volume, and then cross.
Q: Now what?
A: As I said, the market can go around $60,500, but only when the market crosses $62,740 and $62,330. Although the market can fill up the last 14-day gap, the probability is low. The market fills half the gap and will push itself up to the reversal point with volume. ( only when it cross $66,820 )
Q: Where is the reversal point?
A: The market may reverse at the last high of $73,710, but this is unlikely. Technical analysis suggests $90,000 as the main reversal point.
Action Plan:
1. Watch Key Levels: $66,820, $62,740, $62,330
2. Set Alerts: For these levels
3. Volume: Watch for spikes at $66,820
4. Gap Analysis: Monitor 14-day gap
5. Reversal Points: $73,710 (short-term), $90,000 (main)
Special Tips
Protect Capital: Focus on major swings.
Research & Stay Calm: Do your own research.
Stay Updated: Follow market movements.
Disclaimer: Not financial advice; confirm trends before trading.
In my last post, I was talking about a potential fake breakdown. I said,
"Potential Fake-Out: If the market rejects the $66,820 resistance, a fake breakout to around $60,500 is possible, followed by a rise to the reversal point."
Let’s see what’s next.
* A look at the last 14 days chart shows that the market started pushing itself from $57,844, which then crossed $65,120. According to the bull trend, the market was supposed to cross the $66,820 resistance. But that’s not how the market works.
* $66,820 resistance is an important level because Bitcoin reached its highest price point 190 days ago. Since then, it has been breaking support levels while struggling to break resistance levels, indicating a weakening market.
* Breaking the $65,120 resistance shows signs of ending the current trend. It will be the end of the trend when the market hits the $66,820 resistance. Then breaking $66,820 could lead to the next support level and potentially the reversal point.
* However, the market will not cross such an important level at once; instead, it will fake break out once, trap trader’s, gain volume, and then cross.
Q: Now what?
A: As I said, the market can go around $60,500, but only when the market crosses $62,740 and $62,330. Although the market can fill up the last 14-day gap, the probability is low. The market fills half the gap and will push itself up to the reversal point with volume. ( only when it cross $66,820 )
Q: Where is the reversal point?
A: The market may reverse at the last high of $73,710, but this is unlikely. Technical analysis suggests $90,000 as the main reversal point.
Action Plan:
1. Watch Key Levels: $66,820, $62,740, $62,330
2. Set Alerts: For these levels
3. Volume: Watch for spikes at $66,820
4. Gap Analysis: Monitor 14-day gap
5. Reversal Points: $73,710 (short-term), $90,000 (main)
Special Tips
Protect Capital: Focus on major swings.
Research & Stay Calm: Do your own research.
Stay Updated: Follow market movements.
Disclaimer: Not financial advice; confirm trends before trading.
$BTC Alert!
If the market rejects the $66,820 resistance and cross $65,120. A fake break down to $60,500 is possible.
Let's predict the market's next moves by technical analysis.
1. Technical Analysis:
i. Historical Context:
Bitcoin reached its highest price point 190 days ago. Since then, it has been breaking support levels while struggling to break resistance levels, indicating a weakening market.
ii. Recent Developments:
The market recently broke the $65,120 resistance, showing signs of ending the current trend.
2. Future Projections:
i. Reversal Point:
The market may reverse at the last high of $73,710, but this is unlikely.
Technical analysis suggests $90,000 as the main reversal point.
ii. Potential Fake-Out:
If the market rejects the $66,820 resistance, a fake breakout to around $60,500 is possible, followed by a rise to the reversal point.
3. Action Plan:
i. Monitor Key Levels:
* Watch for $65,120 and $66,820.
// Breaking $65,120 could lead to a drop to around $60,500.
// Breaking $66,820 could lead to the next support level and potentially the reversal point.
4. Special Tips:
Capital Protection: Protect your capital and focus on major swings.
Research and Calmness: Conduct your own research and stay calm.
Market Updates: Stay updated on market movements.
Disclaimer: This is not financial advice; confirm trends before trading.
If the market rejects the $66,820 resistance and cross $65,120. A fake break down to $60,500 is possible.
Let's predict the market's next moves by technical analysis.
1. Technical Analysis:
i. Historical Context:
Bitcoin reached its highest price point 190 days ago. Since then, it has been breaking support levels while struggling to break resistance levels, indicating a weakening market.
ii. Recent Developments:
The market recently broke the $65,120 resistance, showing signs of ending the current trend.
2. Future Projections:
i. Reversal Point:
The market may reverse at the last high of $73,710, but this is unlikely.
Technical analysis suggests $90,000 as the main reversal point.
ii. Potential Fake-Out:
If the market rejects the $66,820 resistance, a fake breakout to around $60,500 is possible, followed by a rise to the reversal point.
3. Action Plan:
i. Monitor Key Levels:
* Watch for $65,120 and $66,820.
// Breaking $65,120 could lead to a drop to around $60,500.
// Breaking $66,820 could lead to the next support level and potentially the reversal point.
4. Special Tips:
Capital Protection: Protect your capital and focus on major swings.
Research and Calmness: Conduct your own research and stay calm.
Market Updates: Stay updated on market movements.
Disclaimer: This is not financial advice; confirm trends before trading.
$BTC Alert!
If the market rejects the $66,820 resistance and cross $65,120. A fake break down to $60,500 is possible.
Let's predict the market's next moves by technical analysis.
1. Technical Analysis:
i. Historical Context:
Bitcoin reached its highest price point 190 days ago. Since then, it has been breaking support levels while struggling to break resistance levels, indicating a weakening market.
ii. Recent Developments:
The market recently broke the $65,120 resistance, showing signs of ending the current trend.
2. Future Projections:
i. Reversal Point:
The market may reverse at the last high of $73,710, but this is unlikely.
Technical analysis suggests $90,000 as the main reversal point.
ii. Potential Fake-Out:
If the market rejects the $66,820 resistance, a fake breakout to around $60,500 is possible, followed by a rise to the reversal point.
3. Action Plan:
i. Monitor Key Levels:
* Watch for $65,120 and $66,820.
// Breaking $65,120 could lead to a drop to around $60,500.
// Breaking $66,820 could lead to the next support level and potentially the reversal point.
4. Special Tips:
Capital Protection: Protect your capital and focus on major swings.
Research and Calmness: Conduct your own research and stay calm.
Market Updates: Stay updated on market movements.
Disclaimer: This is not financial advice; confirm trends before trading.
If the market rejects the $66,820 resistance and cross $65,120. A fake break down to $60,500 is possible.
Let's predict the market's next moves by technical analysis.
1. Technical Analysis:
i. Historical Context:
Bitcoin reached its highest price point 190 days ago. Since then, it has been breaking support levels while struggling to break resistance levels, indicating a weakening market.
ii. Recent Developments:
The market recently broke the $65,120 resistance, showing signs of ending the current trend.
2. Future Projections:
i. Reversal Point:
The market may reverse at the last high of $73,710, but this is unlikely.
Technical analysis suggests $90,000 as the main reversal point.
ii. Potential Fake-Out:
If the market rejects the $66,820 resistance, a fake breakout to around $60,500 is possible, followed by a rise to the reversal point.
3. Action Plan:
i. Monitor Key Levels:
* Watch for $65,120 and $66,820.
// Breaking $65,120 could lead to a drop to around $60,500.
// Breaking $66,820 could lead to the next support level and potentially the reversal point.
4. Special Tips:
Capital Protection: Protect your capital and focus on major swings.
Research and Calmness: Conduct your own research and stay calm.
Market Updates: Stay updated on market movements.
Disclaimer: This is not financial advice; confirm trends before trading.
$BTC Alert!
Yesterday, the market crossed the $65,120 resistance after a volatile 7-day period. The next resistance level is approaching $66,820.
Question 1 : Is this a trap? Will the market reject from $66,820 and fall back to $40,000, or will it continue in the bull trend?
Answer:
The Bitcoin market has seen significant volume in the past few days, indicating a bullish trend. However, it will be wrong to judge the market like this.
Technically speaking,
Bitcoin reached its highest price point 190 days ago. Since then, the market has consistently broken support levels while struggling to break established resistance levels, indicating a weakening market strength.
*** Despite this, the market recently broke the $65,120 resistance, suggesting a potential shift in trend.
Question 2 :
What if this is a fake-out?
Answer:
If the market rejects the $66,820 resistance, a fake breakout to $60,500 is possible, followed by a rise to the reversal point.
Question 3 :
Where is the reversal point?
Answer:
The market may reverse at the last high, but this is unlikely. Various technical analyses suggest that $90,000 is the main reversal point for Bitcoin.
Special Tips:
Capital Protection: Protect your capital and focus on major swings.
Research and Calmness: Conduct your own research and stay calm.
Market Updates: Stay updated on market movements.
Disclaimer: This is not financial advice; confirm trends before trading.
Yesterday, the market crossed the $65,120 resistance after a volatile 7-day period. The next resistance level is approaching $66,820.
Question 1 : Is this a trap? Will the market reject from $66,820 and fall back to $40,000, or will it continue in the bull trend?
Answer:
The Bitcoin market has seen significant volume in the past few days, indicating a bullish trend. However, it will be wrong to judge the market like this.
Technically speaking,
Bitcoin reached its highest price point 190 days ago. Since then, the market has consistently broken support levels while struggling to break established resistance levels, indicating a weakening market strength.
*** Despite this, the market recently broke the $65,120 resistance, suggesting a potential shift in trend.
Question 2 :
What if this is a fake-out?
Answer:
If the market rejects the $66,820 resistance, a fake breakout to $60,500 is possible, followed by a rise to the reversal point.
Question 3 :
Where is the reversal point?
Answer:
The market may reverse at the last high, but this is unlikely. Various technical analyses suggest that $90,000 is the main reversal point for Bitcoin.
Special Tips:
Capital Protection: Protect your capital and focus on major swings.
Research and Calmness: Conduct your own research and stay calm.
Market Updates: Stay updated on market movements.
Disclaimer: This is not financial advice; confirm trends before trading.
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