there im referencing the 60 line on marketcipher B, the horizontal white line that the monthly blue wave is falling underneath. the blue wave falling under the 60 is a strong trend reversal sign
when i mention anchor Im speaking of the anchored vwap tool that i place at critical points to generate volume weighted support/resistance levels. its a free tool on the tradingview toolbar
What's your thought on this one: Monthly momentum is now under the 60line. Which means, since the beginning of bitcoin, we enter or are already in bear cycle market territory. So why should we get still this bullish 2025 Q1/Q2/Q3? I still believe the cycles are intact, but this gets me worrying.. The election is also a top indicator? Wouldn't the economics/stock market be the "best" before or around the election to show everything is fine (which it is not), like cutting rates, printing free money for all, ... What's left in 2025 with a potential recession after the election?
on my chart based on fixed range volume and fib levels confluence, 59,300 is a solid resistance now, now the price action dropped to 58,500, my levels showing 58,600 as a level to watch now, if it rejects it and it's a resistance then am looking at 57,500. If the candles close above 58,600 then looking to maybe take some profits of my short, will see will see, there is 60million in longs that just opened at 58,500, so lets see if market makers want them under water or not haha
Theres a lot of bearish indication at the moment. Im hoping to get a little pump to 61 or 59 with clear confirmation on MC B for more dump to possibly 49k Another vwap might be the one from the lowest point near 15k, its not far off from the 2023 vwap. Now that we rejected from the highest one maybe the lowest one is next.
Bro your brother has a cheat code. I think it's you. It's unfair, I can't take it 😅😂 Lol thanks for the update. I'm short and the chop today almost made me lose faith. Happy hunting 💪👌🙌
yeah the "chop" you mentioning is algo bots that are designed to shake you out of your position, i suggest learn more about it and plan this "chopping" into consideration for your trade entries, it helps a lot to not get shaken out!
What's the 60 line? And the anchor ? Is it vwap
there im referencing the 60 line on marketcipher B, the horizontal white line that the monthly blue wave is falling underneath. the blue wave falling under the 60 is a strong trend reversal sign
when i mention anchor Im speaking of the anchored vwap tool that i place at critical points to generate volume weighted support/resistance levels. its a free tool on the tradingview toolbar
@@NickCipher I thought it was , just wanted a clarification, TA
Btc is defo bearish
Did someone say long accumulation at the lows 😍
Thank
Thank you sir🫡
Good stuff man
Thank you dude!!!
I guess u could say, its time to choose
What hapenned to ze Halving lol
What's your thought on this one:
Monthly momentum is now under the 60line. Which means, since the beginning of bitcoin, we enter or are already in bear cycle market territory. So why should we get still this bullish 2025 Q1/Q2/Q3? I still believe the cycles are intact, but this gets me worrying..
The election is also a top indicator? Wouldn't the economics/stock market be the "best" before or around the election to show everything is fine (which it is not), like cutting rates, printing free money for all, ...
What's left in 2025 with a potential recession after the election?
i cant even begin to comprehend whats on the other side of the mountain, all i know is its gunna be a good time
on my chart based on fixed range volume and fib levels confluence, 59,300 is a solid resistance now, now the price action dropped to 58,500, my levels showing 58,600 as a level to watch now, if it rejects it and it's a resistance then am looking at 57,500. If the candles close above 58,600 then looking to maybe take some profits of my short, will see will see, there is 60million in longs that just opened at 58,500, so lets see if market makers want them under water or not haha
I was looking at 59,400 aswell for a new short entry. Lots of confluence over there.
Theres a lot of bearish indication at the moment.
Im hoping to get a little pump to 61 or 59 with clear confirmation on MC B for more dump to possibly 49k
Another vwap might be the one from the lowest point near 15k, its not far off from the 2023 vwap.
Now that we rejected from the highest one maybe the lowest one is next.
❤️🔥
monthly was the only hope losing 60 level suck for the bull ..
cant wait for the drop now its gonna be epic😁
❤️👊🏻🦦
Bro your brother has a cheat code. I think it's you. It's unfair, I can't take it 😅😂
Lol thanks for the update. I'm short and the chop today almost made me lose faith. Happy hunting 💪👌🙌
yeah the "chop" you mentioning is algo bots that are designed to shake you out of your position, i suggest learn more about it and plan this "chopping" into consideration for your trade entries, it helps a lot to not get shaken out!