To keep up with the market, I post continuously and adjust daily instead of weekly. You need to follow closely all the posts, as they are interconnected to create a comprehensive picture.
$BTC I post the exact daily adjustments in the frame, but I also remind you of the entry; if precise, you can gain 2-3000 in price. If you want to hold long, please pay attention to some posts that analyze the 1D frame - confirming the upward or downward trend, which also includes available entry and take profit points for you to trade. $ETH and #altcoins pay attention to the DOM post and some analysis posts for me.
The market follows a trend, but it doesn't go straight; it will fluctuate continuously, shake off positions, set traps, sell peaks, and accumulate bottoms... So, if you miss a post, don't blame me for not warning you in advance!
There are fluctuations, prices, and entry stop losses already available; if you can't follow, it's either fear or not daring to trade (because usually, entries are when it's decreasing, I suggest going long or vice versa).
One last time: I do not open copy trading, do not call orders, do not create groups, and post only to practice and remind myself when entering orders, not for any other purpose!
From what I think about the monthly candles, I feel that in the next 1–2 months, the price will likely trade in a small range (around 10K) from the 54K–65K segment. After that, we can look at the chart again and calculate further, because right now there isn’t enough data to say that it will drop into the 4x range!
The MACD is still pointing downward, but it’s still positive; the red histogram is gradually shrinking. There’s a small chance of a long-term reversal in the coming time.
The RSI hasn’t converged yet, but it shows signs of gathering around 50 — the neutral zone. This is a small signal that makes me think there will be a small trading range for a long time!
A bullish reversal needs to last long enough to attract capital, accumulate positions, and shake out... I think there may be a long red candle wick to knock out some of the longs in the 60K timeframe (when exactly, I don’t know—just guessing :))).
Right now, things are a bit positive, but it’s not enough. Don’t be in a hurry!
$BTC chart indicates the downtrend’s bottom has been reached. Many of the guys are starting to “catch the bottom” in the past few weeks. I already shared my perspective starting from June that the price has a high probability of consolidating in the 60-70K range, BUT right now I still haven’t bought any more shares 🥴
Waiting for something first!
Koiisyourname
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Spot needs to wait for this month's candlestick, you know? But the best move is to wait until the end of the washout! $BTC
Spot needs to wait for this month's candlestick, you know? But the best move is to wait until the end of the washout! $BTC
Koiisyourname
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$BTC A few weeks ago, I predicted that it would rise to 82-85-88K and then experience a strong downtrend back to the 65K zone. Currently, the price has hit the 82 mark and is retracing quite early compared to my initial expectations! (There are many issues and reasons for this, mainly due to the global football WC)!
Given the current state, the price is at the old buy zone from two months ago around 65K, coupled with an oversold condition on the 1H chart, so in the next 1-2 weeks, I predict sideways movement in the price range of 65-71K.
In the long run, I still believe that by the end of this year, BTC will recover from the bottom at 60K-65K, but the likelihood is only about 60%.
In the worst-case scenario, if it closes a candlestick below 65K in June - it might lead to another deeper drop to 53K-50K - the final support of this cycle (30% chance).
If it drops below 50K, consider it a year for selling salt! :)
$BTC A few weeks ago, I predicted that it would rise to 82-85-88K and then experience a strong downtrend back to the 65K zone. Currently, the price has hit the 82 mark and is retracing quite early compared to my initial expectations! (There are many issues and reasons for this, mainly due to the global football WC)!
Given the current state, the price is at the old buy zone from two months ago around 65K, coupled with an oversold condition on the 1H chart, so in the next 1-2 weeks, I predict sideways movement in the price range of 65-71K.
In the long run, I still believe that by the end of this year, BTC will recover from the bottom at 60K-65K, but the likelihood is only about 60%.
In the worst-case scenario, if it closes a candlestick below 65K in June - it might lead to another deeper drop to 53K-50K - the final support of this cycle (30% chance).
If it drops below 50K, consider it a year for selling salt! :)
$BTC has returned to the old support zone of 65k as I mentioned! This is the buy zone from the price range of 60-65k!
However, I won't be throwing any cash into crypto just yet, so there are two scenarios: we might see a short at the 60k - 65k - 7x range in the coming months, or we could completely break this support zone and continue a long-term downtrend until the end of the year and into next year!
The market is sensitive to trends, so take it slow and don't get too eager to invest!
Later, if I'm not lazy, I'll post an update on the charts!
With the World Cup coming up, keep an eye on meme coins related to football. As for the rest, it's not time to invest yet, and $BTC will likely retrace back to previous support.
$BTC The current update shows a complete loss of the bullish trend, and things are pretty shaky with the Fed changing the chair + governor, raising concerns about interest rates climbing as inflation hits 3.8!
The current candlestick chart is forming a large long-term range of 85K-75K since we haven't hit the 85K resistance on the weekly frame.
Before taking a position, we might see a price adjustment down to 79.2, and it could sideways in the 79-75K range; short-term trend is bearish.
Remember, we still aren’t in the buying spot price zone!
The market is tumultuous, be careful with the sparks! This weekend, it's better to go out and enjoy some fresh air instead of sitting at the computer all day :))
$BTC Scrolling through the newsfeed since the start of the week, I see everyone shouting 'short', and when it hits 80, the short pressure is on! This bubble is as big as a ripe watermelon ready to burst 🐧
$BTC Currently, we're siteway in the price range of 80.5-82.5.
An additional mint of about $1.5 billion has been made.
It's still a bit uncertain, but in my analysis, the price should continue climbing up to 85K, especially with solid buy candles around the 80K mark.
This week has been a bit lazy, and there haven't been any major shifts according to my previous analysis, so I've been slow to update. I'll post right away when there's new movement for you all!
$BTC Right now we have: - Sell zone projected at 82+ - Resistance zone at 82.8 - Support zone at 78K - No buying pressure at the 80+ zone - Current range: 82.8 - 78K - Short-term bullish trend
Key notes: - A strong sell zone has appeared at 82K - if we continue to test and get rejected, BTC could dump early to the 7x-6x range. - The 85K zone is a short trap; many traders will likely short early at 82K and could get wrecked. Keep an eye on the 85K level as it's the ema50 on the weekly candle, and we might hit it soon! - Over the weekend, we could see some sideways action around 81.6 and 79.3 - depending on if they mint a lot more cash tonight, we could break up to 83.
- The final support for the current bullish trend is at 78K - NOTE: losing 78 means a crash!
$BTC Let's be straight. Based on my analysis of the model, this rally could hit a ceiling at 88K! However, here are some important notes based on indicator analysis:
- Key EMA levels are converging around 85K - Old sell points are hovering around the 85-82K zone - Buying opportunities have previously not appeared in the 85-82K range
So keep in mind: - The probability of hitting the ceiling at 88K isn't high. - The 85-82K area will be a battleground. - Selling could happen around the 85K mark and below. - The upward trend is expected to continue until mid-May, followed by a quick correction back to the buying zone!
This is a future prediction, not investment advice! The futures market can change at any time, so please consider carefully!