Technical approach for 3rd week of September 2021 (13-17) **EDUCATION PURPOSE ONLY**
Strategy- (Naked chart)
Per Support or Resistance after break, It can be strong opposite zone for re-test.
Range break.
Head & Shoulders pattern you can see very easily. :) (But we don't consider that, However its good sign for trade confirmation)
Sell stop at : 151.752
Stop loss : 152.363
Take profit : 151.583
Its wide SL and Small TP trade and we can place this for 1% for STOP LOSS (Position size)
2021
Bitcoin peak for 2021 using FIB time ZoneIf you can watch Trader Genius and his video titled "Another indicator of the next Bitcoin top"
What I did was I used the Fib Time Zone and plotted them using the RussianBear metrics and Low and behold came up with a date of December 26th for 2021 as a key date. Could December 26th be the next Bitcoin peak? I don't know but it is somewhat compelling and would make more sense to me given that all previous Bitcoin Peaks were on the month of December for 2013 and 2017. Could it not be that we will continue this trend into December 2021 for the 26th based on a Fibonacci time zone point?
Let's see what happens.
here is the video by Trader Genius
www.youtube.com
Bitcoin reconsidered? 113k? or 13k?Reconsidering Bitcoin to make a new ATH?
Why and when? The USD is devaluing more with more money printing. Inflation is peaking. The time will come if Bitcoin can close weekly above 57k and consolidate above its over. More than likely a big push will occur.
Hint:
(As this idea is contra to the related ideas. This could also turn out a double top of it can’t break and hold above 57k.)
Target 113k.
This is another idea to plan for.
Do not do invest or trade on my ideas. I am not liable for gains or loses. I am not your financial advisor.
BTC Long-termTF: W
I think BTC price action could play out in a few different scenarios over the longer timeframe (1-2 years) outlook.
Scenario 1: BTC is currently approaching a broken level of support around $44,500, this also aligns with the 1.382 extension from the move from $~20k to~$3.1k correction. If this rejection occurs and acts like a ceiling and holds below these current levels, then I think price could visit the ~$17k to ~$21k before pushing it up to 2.0 extension. If price breaks out at that level, then I think price could move to the 2.382 or higher to test the trend line.
Scenario 2: BTC breaks out and breaks through the ATH and holds above (dashed line). I think price could move to the 2.382 extension levels.
Steinhoff Cup and Handle ENG/GERSteinhoff is in the process of forming a Cup and Handle formation, I expect a setback to the 23 retracement line and then an increase to up to 0.1564 €
Steinhoff ist dabei eine Cup and Handle formation zu bilden, ich rechne mit einem rücksetzer auf die 23 retracement linie und dann mit einem anstieg auf bis zu 0.1564€
2020's Bull Market in Big PerspectiveI'm not A big fan of Short Term Technical Analysis,
I like to see everything from a bigger perspective.
Im also mostly someone who HODL's and Rotates with the Market whether then trading small percentages (>100%).
So I decided to invite you into my thought process
Kin hitting $0.003 at end of 2021 bull run!Crypto family this is just a possible pattern we could take if Kin decides to hit a peak target price of $0.003 at end of this bull cycle. As we know, Kin is beautifully following Bitcoin as are many other platforms going into this bull peak. Of course, this is just my projection if we are only going to reach a target high of $0.003 value for Kin at end of the year. I believe we could go higher but for the sake of simplicity, I am just showing this chart as an example. We are currently in a triangle pattern and looking bullish for an upside breakout.
BSV is like Buying Bitcoin in 2015As you know I am buying lots of BSV lately (Contrary to popular opinion on the matter) I see BSV as following Bitcoins path to 20k then someday even 50k and beyond.
I am buying now so I can reap the benefits of being a early investor in this project.
I expect to get a lot of haters for doing this but I will let time speak for me.
Stay profitable.
- Dalin