Here's a quick look at the 2 hr. BTC chart. As we can see, the price entered a strong order block, couldn't break through, and got rejected. The price was also forming the bearish rising wedge pattern, which now has broken to the downside. If the price doesn't hold above support zone 1, we will likely see support zone 2 at 18k-18.4k. The fair Value Gap will get...
#Bitcoin $BTC / $USDT I am expecting a sideways movement, liquidating and stopping both sides (Shorts and Longs). Later in the end of Jan. or early Feb. to see a #Altcoin big rally, and there #crypto market might do a last dump before we end this bear market around March-April!
I believe we'll see a ferocious rally that will shock everyone and make everyone bullish again - but this will just be a bear market rally (this is my thinking unless we break below 800B) There is still a very good chance we continue down towards 500B MC and sit there for the next 12-18 months but I am not leaning too heavily on the short side at the moment. ...
Possible failed swing that tops around 22k, filles imbalance and then leads to new lows. More pain to come.
There is a striking similarity between the 2018 and 2022 bear markets in Bitcoin as illustrated on this chart. This is the same thing I have been discussing for months now on Twitter and YouTube while so many other large influencer accounts were screaming that it HAD to go below $12K. While there is no guarantee that the low is in yet (there are no guarantees in...
BTC continuously resting bears from last 3 Days seems like a game plan of market makers. Something is cooking up 3D resistance needs to be retested which will be last hope of bears to take over bears
BTCUSDT 1D, We have been down-trending recently, broke a structure to the downside, recently we have seen a LARGE mouvement to the upside out of no where, we have filled point of interest, and 0.618 Fibonacci, soon we might liquidate the longers and continue going downwards until we retest the monthly level of support. Share this with your friends! Stay tuned for more.
Fresh new data and more information of significant factors brings me to a new deliberate prediction. The corrective wave that we are in is not a usual corrective wave. It could make twice as long as the two previous corrective waves in 2014 and 2018, an ABC move from a larger degree of Elliot Wave (Could be a wave 4 from the whole BTC movement since...
im really not interested in longer term buy situations in aapl or the like until we start confirming the broader trend reversal. im sensing that the general motivation for this follow up bounce is the corrective wave that similarly happened in the last monthly retracement to the upside. the bear market resumed then, and it could now as well. if bulls are going to...
I kept seeing everyone thinks bitcoin just bottomed.. ( no not quite yet) this what happens people get too greedy. As bear market still going and still on the move, Feds are still increasing terminal rates and interest rates because the inflation still remained high and not cooling down enough; big happens the Feds will get aggressive and too aggressive until...
If we look at the rising trendline from 2008 you can see that we have a strong support there around 320 SPY . The fibonachis line up pretty well with that too. We also have strong support around that level from the coronadays. If you measure in M2 supply you can clearly see that we should atleast go down to 2000 levels, low as 2008 may be a overreaction. With the...
Our little Ubix past the 640 day's of FULL Bearmarket! Congratulations to all Ubix holders, your your patience is your power... Up to the 1000 day's of extreme Bearmarket!
Tomorrow it will be Makerdao it's 650 day's of full bearmarket! If only it's bullrun lasted so long we called it a minimum of balance... Great job bears, you eated every single bull out their so far! Up to the 1000 day's bearmarket?
in a perfect world we would be able to say that this is the start of a broader market recovery with an almost absolute degree of certainty. this is the real world however, and we all have to keep in the backs of our minds that things could still go very badly for longs. that being said bulls do appear to be keeping control of this bounce, and shorts look like...
short semiconductors are on the verge of breaking down, and basically if we stay over 12.20 soxl im aiming for daily gap close, or near 12.86 . if we break this ascending tightening range to the downside and more or less double top 4hr resisting from top of envelope, around 12.30s or lower, im looking toward 15 minutes demand zone in low 11s maybe 11.30. short...
finally we see a daily bull move out of bitcoin, and the moment it appears to be reaching escape velocity a wild pullback appears. theres a chance this leads to consolidation towards signal (.5 of bounce/top of consolidative area lows weekly), but if we hold this pivot im looking near weekly highs (bottom of last monthly bounce). even if we trend back down toward...
🚨 BTC MARKET UPDATE 🚨 BTC recently jumped upto 18K zone following AWS, EL Salvador and PRE-CPI Buyout 👀 Right Now, BTC is facing two resistances (Static and Trendline Resistance) and holding 100 EMA ribbon👍🏻 Rejection from here can trigger Sell-Off upto 12-16K levels🎥Stay Safe and Trade Safely🍀
Hi traders. I'm bringing in this weekly chart a simple draw of a smart money strategy based on the price action with Fibonacci Retracement 14.6% key level as a worth and effective take profit. I'm using a Ehler's smoothed stochastic to show a logical possible reversal wave to come in the 3W term.