👑#BTC update:

And there we go, a bounce from the support. Next resistance will be the 4h cloud's edge, the exact price will depend on when it's reached. BTC will probably range between tenkan and kijun now, at least for a couple of days. Hopefully we'll get the TK cross before the cloud entry.
https://s3.tradingview.com/snapshots/n/nxy6QBJt.png

Hey, I've just added a discussion group to https://news.1rj.ru/str/ChartKitchen - just in case Discord has availability issues again.

👑#BTC update:

Nearing the resistance, 4h kijun and cloud's edge.
https://s3.tradingview.com/snapshots/s/sHLsH6TJ.png

👑#BTC update:

Kijun resistance touched again. Price is in the cloud, but there's no bullish TK cross. Can't say much about BTC here, cloud's pretty thin, price's right on 50ema, stuck between tenkan and kijun, and it's the weekend, where breakouts tend to unreliable. Anyone's guess what happens in the short term.
https://s3.tradingview.com/snapshots/n/nqBL5XU3.png

👑#BTC update:

Bullish TK cross. By itself it's not a big deal, but at least some cloud indicators are slowly turning bullish. Once the cloud's green, tenkan's above kijun, price is above cloud and lagging span is above price, all cloud indicators will be bullish, signifying trend reversal.

https://s3.tradingview.com/snapshots/f/fQG3ri1q.png

👑#BTC update:

Cloud's edge resistance here. Be careful fellas. Closest support - $37700.
https://s3.tradingview.com/snapshots/d/DwhEPBkq.png

🔥New public call posted on Chart Kitchen.🔥

❗️📣 FTM/BTC 🔔❗️

Perfect kijun bounce. Already called on patrons 3 days ago, even better entry now.

Entry: 5436
SL: 5175
TP1: 6525
TP2: 6920
TP3: 7490

https://s3.tradingview.com/snapshots/q/QiTVwUOa.png

👑#BTC update:

There we go, what an absolutely obvious move. Everyone saw the cloud's top edge. Hope you took some profits at the cloud's top, now's the time to rebuy. Probably the most reasonable approach would be half here, half at kijun ($36100), if we get that. If we don't, just rebuy once it goes back into the cloud.
https://www.tradingview.com/x/pLoXLK4Z

Rebought the other half here.

👑#BTC update:

Yesterday's rebuy worked great. Here's another short term resistance, but at this point the moves are getting too tiny to be worth trading. Just hold. Maybe take some off at $42500. The majority are still bearish, you could see how many piped up about this being a "bull trap" yesterday - their liquidations will be the fuel for this rally.
https://www.tradingview.com/x/jkUpOd6E/

🔥New public call posted on Chart Kitchen.🔥

❗️📣 FTM/BTC 🔔❗️

Another try. Got wicked out on the previous one. Still the exact same setup, still a kijun bounce, nothing got invalidated. Moved TP1 down a bit too, because tenkan moved down.

Entry: 5264
SL: 5080
TP1: 6450
TP2: 6920
TP3: 7460

https://s3.tradingview.com/snapshots/m/mibgbIIz.png

👑#BTC update:

12% up today. Remember the influencers who kept doom posting and telling you to cash out at the exact bottom. Anyway, repeating once again, next resistance is at $42500. (daily kijun)
https://s3.tradingview.com/snapshots/8/8SqxtSPe.png

👑#BTC update:

Daily resistance is here. Be careful fellas, now's the time to take some profits, rebuy if it gets broken through.
https://s3.tradingview.com/snapshots/q/QAPYey77.png

Also, I don't think it'll retrace that much, but the daily support is currently at $38200 - buy there if you get the chance.
https://s3.tradingview.com/snapshots/0/0HikQl5t.png

👑#BTC update:

Kijun + 50EMA got broken through quick - funding's still negative, people are still trying to short this. Lol. Next stop could be 200EMA at $46877, but as long as bears are trying to short rallies, this will continue. Max pain for everyone who missed the bottom. Max pain for everyone waiting for a dip to get in.

https://s3.tradingview.com/snapshots/d/D2TSUbKp.png

As for a longer term view, we all know that the s2f and 4 year cycle models got broken this year. There's nothing much to base any predictions on, so this is just a guess of what might happen.

Tons of people were posting about multi-year bear market just a couple of weeks back - it's still a concept rooted in everyone's brain. Everyone still expects it to happen after a sharp downturn, just like the bulls always expect a new leg up after an ATH is broken through. Bitcoin loves defying expectations.

This isn't based on proper TA, it's too high timeframe and there's not enough touching points, but i'll still be taking profits at 70-72k, if we get that. Just in case.
https://s3.tradingview.com/snapshots/e/Ef2DIAvw.png

👑#BTC update:

Insane overreaction on alts, while BTC is just consolidating. Downtrend's broken already - it could touch tenkan at $39370 and still remain bullish. Remember, a successful e2e needs a bullish TK cross. Now it's the time for BTC to consolidate while tenkan crosses kijun.
https://s3.tradingview.com/snapshots/q/Qhtd5yPk.png

👑#BTC update:

Daily kijun is holding, tenkan is moving up, and the bullish TK cross should happen in a couple of days. Seems like the bottom of the consolidation has been found already.
https://s3.tradingview.com/snapshots/h/HVEtg0dS.png

👑#BTC update:

Fears of war are pushing the stock market down. BTC (and whole of crypto by extension) remain risk-on assets - the correlation between stocks market and BTC is usually the highest in times of uncertainty. Hopefully the market comes to its senses tomorrow - people usually don't remain scared for long.

TA wise, BTC has entered 4h cloud. Cloud's bottom currently at $39370, although if BTC retains this level for next 16 hours, E2E will be completed without any further retrace. All depends on the momentum. If it stops now, bottom is likely here already. If it doesn't, $39370 is next.

As far as trading goes, if you got any spare cash, it's always good idea to have some buy orders on the cloud's edge. If you don't, no worries, just hold, HTF view has been bullish ever since feb 4th.
https://s3.tradingview.com/snapshots/d/DXfm8M7s.png

👑#BTC update:

$39370 finally hit, hoping for a bounce around here. Let's see what happens.
https://s3.tradingview.com/snapshots/i/i9hMR6y9.png

👑#BTC update:

Previous update was far too optimistic. Russia's attacking Ukraine, a war is starting. BTC weekly cloud's bottom at $34400.
https://s3.tradingview.com/snapshots/9/9geU4QSP.png