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. TradingView UK. After some consolidation we could see a throw back to fib level. Good privacy projects are a good investment. Still slight up trend so look for support. This is a longer term market view so it could be a hodl with target. TradingView UK. cloak is levelling off after initial pump today. asks and bits are levelling out around this price, expect pump to then probably a dump on friday.
Tradingview cloak btcBTCUSD — Bitcoin Chart and Price — TradingView
Cloakshield utilizes end to end encryption and delivers secure communication out of the box allowing nodes to circumvent traffic analysis. Open source is important to cloak as it provides The following wave up resulted in a break above the 50 Moving Average and the upper trendline of the descending channel.
Current price action suggests the upcoming corrective move upwards, where price is expected to reach major resistance at Like many other coins laying along there bottoms they have huge upside potential. However cloak has a tightening winding pattern spanning back over a long time which i believe has been leading up to a new ATH. Only buy it if we break out from downtrend very likely. Cloak is getting ready to make its rounds like clockwork.
It can also break out of the entire pattern and make ATH, wouldnt that be amazing. And, we are using Log Scale, which can make a huge difference in look and analysis results. Read why below. But first Weekly Looking at our highest timeframe we see price respecting an ascending triangle. Next stop is , not expecting our support level to hold.
After testing EMA21 as support, this level clearly holds, its price is now resuming the strong and steep bullish action we were enjoying before. We know that the entire market is strongly bullish because we have Bitcoin growing together with the Altcoins Last week, Bitcoin broke out of the RSI trendline on daily and, propelled by a bullish failure swing on the 4 hr chart, vaulted beyond 20k to enter uncharted territories.
It took a few days for the price to settle down and establish new levels of support and resistance. With the parabola out of the way, the price has now settled into a rising wedge pattern no Hello my fellow cryptocurrency trader, how are you feeling today? I've been saying lately that Bitcoin has been tough on TA. What's this means is that some of the signals that are usually very accurate tend to be ignored. Yesterday BTC aims towards local support orange line. After trying to attempt this support area we started seeing a nice uptrend.
This resistance area marks a critical resistance target. If we close above , we can expect 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 Hi, Welcome to this analysis about Bitcoin, we are looking at the minute timeframe perspective.
Since Bitcoin formed this significant bull-trap yesterday after moving above the level and pulling back to previous zones with an emerging impulse it is forming an interesting formation now that will be the determining source within the upcoming times, BTC is facing resistance along the 0.
Bitcoin hitting top bolinger on 15 min. Also resistance level with many highs on 4hr. Take most of profits here. Most likely will decline back to 35 ema.