Technical analysis of Bitcoin for the next six months
Most of the time, price history sticks to charts via various charts, with Japanese candlesticks being one of these methods. Various tools such as support and resistance lines, trend lines, and technical indicators are used to analyze charts in an attempt to identify trend patterns. Patterns are the basic concept in technical analysis around which everything revolves. The existence of trends in the market is an empirically proven fact, and is of utmost importance to every technical trader. Although daily technical analysis has been criticized in some academic circles for its inefficiency, most practical traders across the financial markets apply at least some form of it, usually in combination with other methods of analysis. Through my chart, it is clear to me that there will be no correction before breaking the last peak of Bitcoin before it occurs, and I spoke before that there will be no correction before breaking it. We are now in the correction and the most likely drop is to the initial correction level of 56000-62000. The correction will take place over a period that may extend to next September, and the correction may deepen to the 41000-46000 areas. If this area happens to be broken in the correction, be careful because it is impossible for it to happen based on the date of the chart analysis unless it is There are those who manipulate the security, strength, credibility and privacy of encryption in the world of encrypted digital currencies
Good evening everyone, but it's just personal effort. I loved technical analysis, studying, and researching it in all its forms for a not long time in 2017. I am interested in studying technical analysis methods, and I came up with my own good news about this result and I loved sharing it with you.
The general trend of the chart for this year 2024, starting from the month of 3, is a very strong rise 💪 with the fulfillment of these conditions / * The market price will be approximately between 56800-62000 * Breaking the boring horizontal trend 62200 with confirmation of the support indicator signal of a second rise, we will target peaks between 65000-75000* After breaking and correcting the areas of the last peaks between the month of 7-9 2024 until the beginning of next year, the digital currency markets around the world exploded with peaks that had never occurred before, between 75,000 - 150,000 for Bitcoin. I am talking about all digital currencies with real assets and projects in the world of the Blockchain chain, and only God knows that, but this is scientific diligence, research and study, and livelihood does not knock on the door, but rather it needs that.,,, Greetings to everyone ✋🏻😇$BTC
Greetings to all $BTC {Bitcoin has reached its target sent to you from (7/11/2024)}
Really, it is very nice to explain this update with achieving its goal, If there is someone who works on such real, realistic, accurate updates, I hope to know him to increase my knowledge of what he is doing
In today's Bitcoin movement due to the US elections, we saw this rise and the strength of the liquidity that entered Bitcoin, and broke the highest peak achieved by Bitcoin in its history. It is surprising that the ETF gbtc funds, which are the largest holder of a traded Bitcoin share, did not move and rise with the rise of Bitcoin, and this is something strange.
The important thing in our update today for the movement is that we see Bitcoin at the red liquidity trend and above it the resistance of $77303
In the continuation of the rise, there are important indicators ‼️ that must be taken into consideration *** Opening tomorrow's candle after about an hour above the liquidity area of $76035 is an upward trend 📈 definitely, even with the stability of two 4-hour candles 🕰️ it is enough for it to rise tomorrow until Friday to the support area at $80800 as shown in the figure
In the opposite direction and the decline *** Stability of two 4-hour candles 🕰️ below the trend of the price channel, the $72k area exactly, and opening tomorrow's candle below the resistance of $70386, the decline is fixed with these two conditions to return to its path that was reversed by this imaginary daily candle
#الذهب Achieved its target before next Friday which was set and walked downward to $2655
For the continuation of the decline, the stability of the 🕯️ 4-hour candle below the red liquidity trend in the $2646 area. We will see gold fall to $2591.35 next Friday
#الذهب With the opening of trading on it, we need two things from it, an upward and a downward
The downward movement is the stability of two candles for 4 hours ⏰ below the trend of the middle of the support channel $2727, it will head until next Friday with a wave 🌊 of a decline until the area of 2655$ , which is in the form
In the upward movement, we need to open and stabilize a candle 🕯️ a day above the red liquidity trend area 2751$ if he can really do it with this strange, frightening, suspicious movement devoid of any natural correction for the movement of a candle in this way since the beginning of the year
2024 $PAXG
May you all be well and healthy #MarketDownturn #BTC☀ #gold #Binance
In today's Bitcoin movement due to the US elections, we saw this rise and the strength of the liquidity that entered Bitcoin, and broke the highest peak achieved by Bitcoin in its history. It is surprising that the ETF gbtc funds, which are the largest holder of a traded Bitcoin share, did not move and rise with the rise of Bitcoin, and this is something strange.
The important thing in our update today for the movement is that we see Bitcoin at the red liquidity trend and above it the resistance of $77303
In the continuation of the rise, there are important indicators ‼️ that must be taken into consideration *** Opening tomorrow's candle after about an hour above the liquidity area of $76035 is an upward trend 📈 definitely, even with the stability of two 4-hour candles 🕰️ it is enough for it to rise tomorrow until Friday to the support area at $80800 as shown in the figure
In the opposite direction and the decline *** Stability of two 4-hour candles 🕰️ below the trend of the price channel, the $72k area exactly, and opening tomorrow's candle below the resistance of $70386, the decline is fixed with these two conditions to return to its path that was reversed by this imaginary daily candle
Yesterday, on the last candle 🕯️ 4 hours, it opened 🕰️ below the red liquidity trend, and this is a strong indicator 🔖 of the continuation of the decline It is true that I did not mention the condition of the decline in the 4H candle and I put the condition of the 🕯️ 1D candle
But the truth is that the political, economic and social conditions are tense 😬 strongly and we do not know what is coming. Will what is happening on the chart movement for three weeks be repeated and will continue on the chord of pumping and withdrawing liquidity from those who have an interest in this range?
Or is it really 😟 There is no longer room and they cannot control the imaginary liquidity on the real and natural trading movement in the main trading volumes in the price movement on the blockchain chain and network $BTC $BTC
Yesterday, on the last candle 🕯️ 4 hours, it opened 🕰️ below the red liquidity trend, and this is a strong indicator 🔖 of the continuation of the decline It is true that I did not mention the condition of the decline in the 4H candle and I put the condition of the 🕯️ 1D candle
But the truth is that the political, economic and social conditions are tense 😬 strongly and we do not know what is coming. Will what is happening on the chart movement for three weeks be repeated and will continue on the chord of pumping and withdrawing liquidity from those who have an interest in this range?
Or is it really 😟 There is no longer room and they cannot control the imaginary liquidity on the real and natural trading movement in the main trading volumes in the price movement on the blockchain chain and network $BTC $BTC
Look, notice with me if the liquidity continues like this among us in this decline and the strong withdrawal from hours 🕰️ until tomorrow evening at the same time, it is now approximately 16B$
And it reaches approximately between 4.5-7 billion dollars 💲 Monday will be with the opening of gold trading, an upward wave like the previous ones and the possibility of breaking the last peak and we will see 77303$ next Friday
Of course, this talk is based on the similar movement in the previous three weeks The positive and negative are explained to you in the latest update For those who ask in surprise why this strong withdrawal in liquidity and the price is not strongly affected with it? With the closure of global financial markets, everyone, and most of those working in this field, stay away from trading due to their own circumstances and the end of the working week, and the incoming liquidity actually decreases and does not affect the price when withdrawn because the volume of liquidity mentioned in parentheses is imaginary and much higher than the effective volume currently traded in the markets. Withdrawing it in this way and in its size does not affect the price and the real trading volume at all. It is on a path to decline very slowly, and if it declines very quickly, liquidity returns and enters quickly to maintain the natural price and its path. Until the appropriate time comes, which is with the opening of gold trading, this liquidity is pumped back from traders and between the markets, as well as manipulators on this chord as well.Good bye
#الذهب With the opening of trading on it, we need two things from it, an upward and a downward
The downward movement is the stability of two candles for 4 hours ⏰ below the trend of the middle of the support channel $2727, it will head until next Friday with a wave 🌊 of a decline until the area of 2655$ , which is in the form
In the upward movement, we need to open and stabilize a candle 🕯️ a day above the red liquidity trend area 2751$ if he can really do it with this strange, frightening, suspicious movement devoid of any natural correction for the movement of a candle in this way since the beginning of the year
First of all, my view of the market trend has not changed in its downward path since 09/27/2024. I extended the downward pattern until next Friday 10/11/2024, with the same size of the decline listed on it from that date.
#الذهب In the formation of the daily candlestick movement last week, it was negative. The mathematical chart calculations actually give a negative and strong direction for correction after the peaks it achieved over 6 consecutive months. #البيتكوين Its movement and hesitation the previous two days were hesitating as I mentioned to you in its last update on Friday, taking this upward path that is a correction to the decline that occurred last week, and until now it is not even considered a natural correction, but rather less than that, hesitating as if it is waiting for a friend whose movement is gold to take the same path and return to it with the opening of trading on global markets after hours ⏰.
‼️ ‼️ The important thing is that we need these two conditions for each of them to achieve the model:-
*** We need gold to close tomorrow, Monday, below the $2620 area to confirm the direction of the path for it. *** Bitcoin opened a candle 🕯️ 4 hours 🕰️ just below the support area (green) $60300 Fast and strong trend towards the resistance of $56552
The market positivity mentioned to you for Bitcoin previously from last Friday, is the opening of a candle 🕯️ one day above the resistance of $63469
My friend, your understanding of the published content with awareness and perception, God willing, will be a reason for you to understand the market direction and make your decisions to enter and exit it safely
Look, notice with me if the liquidity continues like this among us in this decline and the strong withdrawal from hours 🕰️ until tomorrow evening at the same time, it is now approximately 16B$
And it reaches approximately between 4.5-7 billion dollars 💲 Monday will be with the opening of gold trading, an upward wave like the previous ones and the possibility of breaking the last peak and we will see 77303$ next Friday
Of course, this talk is based on the similar movement in the previous three weeks The positive and negative are explained to you in the latest update For those who ask in surprise why this strong withdrawal in liquidity and the price is not strongly affected with it? With the closure of global financial markets, everyone, and most of those working in this field, stay away from trading due to their own circumstances and the end of the working week, and the incoming liquidity actually decreases and does not affect the price when withdrawn because the volume of liquidity mentioned in parentheses is imaginary and much higher than the effective volume currently traded in the markets. Withdrawing it in this way and in its size does not affect the price and the real trading volume at all. It is on a path to decline very slowly, and if it declines very quickly, liquidity returns and enters quickly to maintain the natural price and its path. Until the appropriate time comes, which is with the opening of gold trading, this liquidity is pumped back from traders and between the markets, as well as manipulators on this chord as well.Good bye
LIVE
ŞůĻťāÑöçħařť
--
Bearish
Greetings to all $BTC
Since when did I tell you and warn you about this area, the problem is that this update hurts the important thing and does not spread like the rest, only 720 views approximately compared to many other distinctive updates
The important thing is the continuation of the decline, control and link with the opening of a candle 🕯️ a day below the liquidity trend (red) $68990 for the next two days, Saturday and Sunday, until the opening of trading with global markets and gold trading is allocated next Monday
The market's positivity is only possible with the opening of a 4-hour candle 🕰️ above the support trend area (green) $73777
My friend, just remember that I really and for a long time do not care about following you or liking you, so if I have benefited you previously or in the future with something, that prayer for me to be guided by the Lord of the Worlds is enough from you 🙏🏻
Since when did I tell you and warn you about this area, the problem is that this update hurts the important thing and does not spread like the rest, only 720 views approximately compared to many other distinctive updates
The important thing is the continuation of the decline, control and link with the opening of a candle 🕯️ a day below the liquidity trend (red) $68990 for the next two days, Saturday and Sunday, until the opening of trading with global markets and gold trading is allocated next Monday
The market's positivity is only possible with the opening of a 4-hour candle 🕰️ above the support trend area (green) $73777
My friend, just remember that I really and for a long time do not care about following you or liking you, so if I have benefited you previously or in the future with something, that prayer for me to be guided by the Lord of the Worlds is enough from you 🙏🏻
The important thing now is to open tomorrow's candle. It is very likely that it will open above the resistance of $70386
And we will enter the positive phase as I mentioned to you in the last update..
The most important thing is “”””,,,,,, No one takes risks and enters because it is clear to you and I told you that there is a clear liquidation area in milliseconds on the chart between $70700-$71900 Beware of it,, It also coincides with#Bitcoinentering the historical price channel for Bitcoin at the top of the trend (orange) and I and you have a recent memory with this area and its strong and noticeable impact on price movement
To ensure your safe entry, God willing, in the event of the continuation and confirmation of the upward path Above the support trend area (green) at the top inside the price channel as in the figure $73450 with the opening of a candle 🕯️ 4 hours ⏰ above it
Good bye my friends #Bitcoin❗ #MarketDownturn #BinanceTurns7 #BTC☀ #BTC☀️
The important thing now is to open tomorrow's candle. It is very likely that it will open above the resistance of $70386
And we will enter the positive phase as I mentioned to you in the last update..
The most important thing is “”””,,,,,, No one takes risks and enters because it is clear to you and I told you that there is a clear liquidation area in milliseconds on the chart between $70700-$71900 Beware of it,, It also coincides with#Bitcoinentering the historical price channel for Bitcoin at the top of the trend (orange) and I and you have a recent memory with this area and its strong and noticeable impact on price movement
To ensure your safe entry, God willing, in the event of the continuation and confirmation of the upward path Above the support trend area (green) at the top inside the price channel as in the figure $73450 with the opening of a candle 🕯️ 4 hours ⏰ above it
But focus with me here on the chart The positivity is clear to you in the update by opening a candle 🕯️ on the highest resistance day $70386
On the chart, the liquidation area is defined in the yellow circular shape if the strong candles reach it without achieving the positivity condition It is actually as we talked about before, which is between $70700-$71900
The most important thing is the red area defined above the current candle
This area, if Bitcoin exceeds it, it breaks the bearish formation that has been occurring since its last peak at $73k
It is a very strong area for liquidity that has not been penetrated or even touched by Bitcoin to this area before
This is an update on the movement now and for the coming hours we may be surprised by changes with the movement of gold and current events
And the basic update is the last one that has not changed
Be careful and stay well #MarketDownturn #Bitcoin❗ #BTC☀
But focus with me here on the chart The positivity is clear to you in the update by opening a candle 🕯️ on the highest resistance day $70386
On the chart, the liquidation area is defined in the yellow circular shape if the strong candles reach it without achieving the positivity condition It is actually as we talked about before, which is between $70700-$71900
The most important thing is the red area defined above the current candle
This area, if Bitcoin exceeds it, it breaks the bearish formation that has been occurring since its last peak at $73k
It is a very strong area for liquidity that has not been penetrated or even touched by Bitcoin to this area before
This is an update on the movement now and for the coming hours we may be surprised by changes with the movement of gold and current events
And the basic update is the last one that has not changed
Greetings to all $MTL Continuing the successful updates and its current arrival to these previously mentioned areas for more than two months, thanks to God.
On the chart and after the recent break of three strong areas as in the figure (resistance - support - and liquidity) in the previous two days, I see the currency has completed the correction on the MACD indicator and it remains to retest these areas:-
***By penetrating the resistance of $ 0.767 or breaking it by opening an hourly candle below it, the first golden area for buying upwards at $ 0.677, buying with 50% of the investment amount.
***If the retest correction deepens further, buy at the resistance of $ 0.599 with the remaining 50% allocated for the investment.
*** Personally, I activated these commands because of my strong and solid relationship with this currency.
Here 👈 at this resistance $49635 with its intersection with the support area (green) and the liquidity trend (red) is the next bottom of Bitcoin
The area marked in the figure is an important and strong accumulation area that has not been visited since the last Bitcoin peak at $73k
And now it meets it again at the resistance of $49635 with the mentioned areas of support and liquidity in the coming days, God willing
LIVE
ŞůĻťāÑöçħařť
--
Bearish
Greetings to all $BTC ‼️ Bearish pattern update
Inshallah, my brothers, with the opening of tomorrow's candle 🕯️, the bearish pattern will be activated with these conditions:-
(Total pattern (24.80%) starts with the opening of today's candle and ends, God willing, on time next Monday 10/28/2024)
*1* Open a 4-hour candle ⏰ with good stability below the support area and the entry area of $66k
*2* After activating the first condition in the next two days until Wednesday, these are the first three candles of this week, we need breakthroughs from these three candles and touching the resistance channel (blue) $63469
*3* Opening a candle 🕯️ next Thursday or Friday below the resistance of $63469 is enough to reach its target and to continue forming the bearish pattern
*4* This pattern is completely canceled by opening a new candle 🕯️ above $70386 resistance, with Bitcoin reaching the $70k level exactly without opening the candle, it is actually breaking the formation of the bearish pattern from the last peak it achieved at $73k
"""" My friend, know that I do not care about following you or liking you, only if I have benefited you in the past or in the future with something, this supplication required from you is sufficient for me with God Almighty to guide me.
Inshallah, my brothers, with the opening of tomorrow's candle 🕯️, the bearish pattern will be activated with these conditions:-
(Total pattern (24.80%) starts with the opening of today's candle and ends, God willing, on time next Monday 10/28/2024)
*1* Open a 4-hour candle ⏰ with good stability below the support area and the entry area of $66k
*2* After activating the first condition in the next two days until Wednesday, these are the first three candles of this week, we need breakthroughs from these three candles and touching the resistance channel (blue) $63469
*3* Opening a candle 🕯️ next Thursday or Friday below the resistance of $63469 is enough to reach its target and to continue forming the bearish pattern
*4* This pattern is completely canceled by opening a new candle 🕯️ above $70386 resistance, with Bitcoin reaching the $70k level exactly without opening the candle, it is actually breaking the formation of the bearish pattern from the last peak it achieved at $73k
"""" My friend, know that I do not care about following you or liking you, only if I have benefited you in the past or in the future with something, this supplication required from you is sufficient for me with God Almighty to guide me.
I apologize to all of you for the absence, first of all, and secondly, may God have mercy on the martyr of the Islamic nation and Muslims, and thirdly, I am in Mecca 🕋, and this is what kept me away from the market completely
And nothing more happened in the market than what I explained to you before the absence
In general, my friends, I hope you are all well, God willing, and thank you from the heart to everyone who asked and sent
In fact, I have this model, God willing, it starts tomorrow, but Bitcoin must rise to approximately $71k to liquidate the futures contracts, because in the total calculation, the liquidation amount up to this area may be approximately $380M, so this is very clear mathematically
And by following today's candle, God willing, the market movement will become clear to us, especially with the opening of gold trading in global markets on Monday 00:00 AM
In general, what I care most about is not opening a new day's candle above the resistance of $70386, because it constitutes 75% of the cancellation This model
Entry area and the beginning of the formation of this decline is the opening of a candle 🕯️ 4 ⏰ below the $66k area
God willing, I will send an update this evening, God willing, after some conditions are confirmed and met
QKC Coin 🪙 Investment Coin for the Medium Term from 9 Months to 2 Years QuarkChain Network is an innovative blockchain architecture for open public chains that aims to meet global commercial standards. It provides a secure, decentralized, and scalable blockchain solution to deliver more than 100,000+ transactions per second on the network..
The network currently supports two consensus mechanisms, Proof of Work (PoW) and Short Proof of Work (PoSW) (a combination of PoS + PoW), and more consensus mechanisms (Delegated Proof of Storage (DPoS), Proof of Storage (PoS), etc.) will be added to the different parts in the future.
It is currently a compatible network of the Ethereum Virtual Machine (EVM), and any application published on ETH will be easily deployed on QuarkChain. Later, we will add more virtual machines (for example, the EOS virtual machine) in different parts, so that developers have more options.
Important Maximum supply $ 10B Trading supply $ 7.5B
Important
It was issued in 6/2018, which means it went through two stages in the bear market and is still
The highest peak it achieved in 2021 - $ 4.8807
The current price of the currency is $ 0.0089
A currency that deserves for you as an investor to read about it, the work team, and its strong partnerships before thinking about investing in it
I apologize to all of you for the absence, first of all, and secondly, may God have mercy on the martyr of the Islamic nation and Muslims, and thirdly, I am in Mecca 🕋, and this is what kept me away from the market completely
And nothing more happened in the market than what I explained to you before the absence
In general, my friends, I hope you are all well, God willing, and thank you from the heart to everyone who asked and sent
In fact, I have this model, God willing, it starts tomorrow, but Bitcoin must rise to approximately $71k to liquidate the futures contracts, because in the total calculation, the liquidation amount up to this area may be approximately $380M, so this is very clear mathematically
And by following today's candle, God willing, the market movement will become clear to us, especially with the opening of gold trading in global markets on Monday 00:00 AM
In general, what I care most about is not opening a new day's candle above the resistance of $70386, because it constitutes 75% of the cancellation This model
Entry area and the beginning of the formation of this decline is the opening of a candle 🕯️ 4 ⏰ below the $66k area
God willing, I will send an update this evening, God willing, after some conditions are confirmed and met
Here 👈 exactly breaks the bearish pattern formation and activates the idea of positivity for the market after the decline from the last peak Opening a candle 🕯️ on the highest resistance day 70386$ Same as the last update
Here 👈 exactly breaks the bearish pattern formation and activates the idea of positivity for the market after the decline from the last peak Opening a candle 🕯️ on the highest resistance day 70386$ Same as the last update
LIVE
ŞůĻťāÑöçħařť
--
Update ‼️ Very important
Greetings to all $BTC Guys, pay attention. This is advice based on the information shown on the chart. I really don't know how to explain it to you, but understand the positivity first. It only starts to open a candle of the highest resistance and the $70386 area. Here it is proven that if the rise reaches this area and opens a candle of the highest, it is a real rise on the chart based on the amount of liquidity and continuous buying and trading on the platforms.
Greetings to all $BTC Guys, pay attention. This is advice based on the information shown on the chart. I really don't know how to explain it to you, but understand the positivity first. It only starts to open a candle of the highest resistance and the $70386 area. Here it is proven that if the rise reaches this area and opens a candle of the highest, it is a real rise on the chart based on the amount of liquidity and continuous buying and trading on the platforms.
By God, I am one of your advisors and a lover of good for you in successful investment
EOS is a currency that needs no introduction
I released an update for it about 4 months ago on Binance for those who want to see it #MarketDownturn The highest peak achieved by this currency is $22.89
Its current price, people, is gold. I only bought it once, the price was $0.41, and the rest of the purchase stages were higher than its current price
Its current price is $0.47
A very attractive price, and the currency project is stronger than you can imagine
Its market value is unparalleled in other currency projects 1B$
That means when the market rises, it will drive you crazy
Issued in 7/2017 Really, successful investment here
For me and my personal opinion, invest in this currency and do not invest in Bitcoin Its medium-term investment is enough for those in a hurry But for people who understand, it collects even 2026 Insha'Allah you will be shocked
Of course no one should go and buy based on what I say. God created for you a mind to search, see and read about it before making your decision