


BitcoinMillio18
PremiumYesterday's daily candle closed just above 51k after staying there about just 15 minutes. Whales dumped all their stack 3 minutes after the close. Just saying.
Bitcoin needs to break the down trend on the daily timeframe in 4 hours or it will collapse! Just saying.
We all wanto to see this happening just like this, but it's gonna be a bumpy road!
Hi plebs and shrimps :) In the last 24 hours we have been in a bull trap set by whales. They have created a false trend reversal and made 15% in less than a day. Tradingview does not allow publishing charts below 1 hour, so i'm attaching a 1 minute chart and will explain how they did it minute by minute, read on. s3.tradingview.com So, your most reliable...
I'm sharing my TA here mostly for learning purposes. I'm learning hard lessons with my own money. Yesterday i perfectly timed the last bounce within the bearish flag. Price went up as i predicted, however u-turned back down and hit so hard and so fast while i was asleep. Luckily, i've set a stop loss on the hourly close of the bottom of triangle at 53308.92....
Well, it was a hell of a fight between the bulls defending $53.308 and bears who wants you to sell your bitcoin. Not only it held, $53.497 also held. Still need confirmation close above $54.457 though. This is an early notification. If this new uptrend finds its way up to $56.608 and close above it, you would be glad you bought the dip now! They want your Bitcoin!
In 20 minutes, Bitcoin will crash if it can't stay above 54384.
Unfortunately 4 hour uptrend is breached and will go down. First support at prior swing low 53329.96. If it breaks, 50931.30 and finally 50427.56. Dip of the dip of the dip!!!!
Short term down trend is broken and we are back to business. New Bullish Ascending Triangle in the making. If we break above 57526.81, we will sky rocket to 61735.00 and who knows maybe the all time high!
Ascending triangle broke and new short term downtrend started. We are likely to break $54.649 but i expect $53.064 to hold.
Bitcoin is forming an ascending triangle to the upside. Note that Binance will go on maintenance for 2 hours. Whales may pump it!
As i mentioned in my previous analysis, Bitcoin broke the bearish triangle upwards and started a new bullish trend.
It's been a rough couple of days now and Bitcoin seems to got hit hard by the power cut in China. Now forming a descending triangle which looks like more downwards potential for another week or so. If Bitcoin breaks above the triangle, we are back in business. This could as well be the dip. Long term bullish, short term bearish.
Bitcoin has broken almost all the important resistance levels except the all time high, but TBH it's just a matter of hours if not minutes. Last warning to buy!
Remember the big crash in March 2020? That was the Covid crash though, but it was a very good looking ascending triangle!
Remember the descending triangle back in September 2020? Anything is possible!
This means no sex today.