BTC may still drive higher in the mean time, but either way, a swift backtest is coming. 4. 1. Bitcoin 4hr analysis 12/22/ BTCUSDT, HeisenbergBTC. Good morning again ladies and gentlemen and welcome back to my daily analysis of Bitcoin. Today I have the 4hr time frame pulled up once again and I can see we are starting this Tuesday off. MEME — Check out the trading ideas, strategies, opinions, analytics at absolutely no cost! BUY / SELL TradingView. EN.
Meme btc tradingviewLines of a meme champion for BINANCE:BTCUSDT by The_Late_Adopter — TradingView
The system is peer-to-peer; users can transact directly without any middleman. The system works without a central repository or single administrator, which has led the US Treasury to categorize it as a decentralized virtual currency. Bitcoin is often called the first crypto currency. Bitcoin is better described as the first decentralized digital currency. It is the largest of its kind in terms of total market value. Bitcoin is an instrument of alternative finance, which has emerged outside of the traditional financial system.
Remember you heard it here first! The infamous "Then they fight you" phase started! Merry Christmas. This is a quick short-term update on Bitcoin. The price is close to the 4H MA50 and so far it has held three times on respective Higher Lows attempts. This is causing BTC to consolidate within a Triangle. Triangle's are common within the dominant medium-term pattern, which since late October is a Bullish Megaphone and I have analyzed this extensively numerous The weekly BTC consolidation continues to deplete market participants.
During the last attack of sellers, the price could only touch this range. As a result, buyers have formed a new local trend line. The price of BTC continues to remain between critical points. The Megalodon Indicator is the best indicator I have ever seen. It combines 9 of the most successful indicators into one and simply paints a green arrow for a buy and red arrow for a sell. Very simple and easy to use with accuracy like I've never seen before.
Works on all asset classes. Hi there, While Market Fall, we can scalp fast profits in trading altcoins, here the deal: Entry: 0. We're close to the bottom here, showing positive signs, volume is picking up, market movers have signaled interest here. Likely to get filled.
It is highly probable we will see the last 5 wave correction as C of ABC. If so it may be equal to 1 year length in terms of timing. Despite we are so close to new all time high, I am not recommending buying right now.
My EW count was wrong in my previous analysis, I was assuming, that the 5-wave cycle is completed, but we got another wave to the upside, but this should really be the last one. We have decent bearish divergence on RSI, which often indicates end of the cycle. Bitcoin very likely finished 5-wave move to the upside, now we should continue down into that grey support zone, we should bounce up from that zone and then continue higher.
At this point just watching for some negative divergence or an event to push this down to a retracement level. Pennant about to break! How do you think? Shall we go and close the gap?