Mags
#Bitcoin holder since 2016 🚀 | Crypto Trader & Technical Analyst📈 | Finding Chart Patterns / Fractals💎
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#Altcoin marketcap is about to explode..
#Bitcoin - Bear market incoming?
A lot of people think Bitcoin is heading into a bear market.
The easiest way to check? Look at the 50 Weekly Moving Average.
If you notice, the 50-week MA has been a strong support over the years. Every time Bitcoin dips to this 50 WMA , it usually finds support and bounces back.
It’s often been a great area to buy BTC.
But if the price breaks below this moving average, that’s when we could expect a start of the bear market.
Right now, the price is still well above the 50-week MA, and it’s also holding strong above the previous all-time high.
It looks like we’re just consolidating before the next leg up.
A lot of people think Bitcoin is heading into a bear market.
The easiest way to check? Look at the 50 Weekly Moving Average.
If you notice, the 50-week MA has been a strong support over the years. Every time Bitcoin dips to this 50 WMA , it usually finds support and bounces back.
It’s often been a great area to buy BTC.
But if the price breaks below this moving average, that’s when we could expect a start of the bear market.
Right now, the price is still well above the 50-week MA, and it’s also holding strong above the previous all-time high.
It looks like we’re just consolidating before the next leg up.
#Total Crypto Marketcap is trading inside a traingle after a breakout.
Another leg up is imminent, both scenarios are marked on the chart.
Another leg up is imminent, both scenarios are marked on the chart.
We are in a #Dogecoin Supercycle.
If you look closely, Dogecoin has been following a simple pattern since 2014:
i) Correction
ii) Accumulation
iii) Bull Run
According to this pattern, Dogecoin has already completed the correction and accumulation phase.
Bull run is next.👀
If you look closely, Dogecoin has been following a simple pattern since 2014:
i) Correction
ii) Accumulation
iii) Bull Run
According to this pattern, Dogecoin has already completed the correction and accumulation phase.
Bull run is next.👀
#ETH reclaim looks promising..
$4000 imminent.
$4000 imminent.
#Bitcoin hash ribbons just entered the capitulation phase once again.
In this cycle, we've already seen hash ribbons enter capitulation 3 times and each time, it was followed by a buy signal and a nice rally in Bitcoin.
Will this time be different?
In this cycle, we've already seen hash ribbons enter capitulation 3 times and each time, it was followed by a buy signal and a nice rally in Bitcoin.
Will this time be different?
#Bitcoin is facing resistance at the upper trendline and the 1.618 Fibonacci level.
A breakout here could trigger a massive bull run.
A breakout here could trigger a massive bull run.
#TOTAL MARKETCAP is about to break out.
Massive inverse head & shoulders formation 👀
Massive inverse head & shoulders formation 👀
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