Bitcoin May Need a Big RetracementYellow * 7: Possible Reverse
If Yellow turns red, it may be take as confirmation.
BTC BTCUSD BTCUSDT BTCUSDTP BITCOIN
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This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
Bitcion
The Crab is a precise Harmonic pattern (Reversal Zone).
Mid point (B) - 0.618
The pattern requires a very small stop loss and usually volatile price action in the Potential Reversal Zone. In this case, we need confirmation to sell BTC from lower TF.
Reversal zone is not far away.
But, Due to the extremity of the projections utilized in the completion of the pattern, the Crab frequently experiences sharp price action and dramatic reversals.
2.61 8 AB=CD & D of XA(1.618) at 30253
The Crab Pattern:
The extreme (2.618, 3.14, 3.618) projection of BC
Note: AB=CD pattern within the Crab is the least important number in Reversal Zone.
0.886 retracement at the B point, unlike the regular version that utilizes a 0.382-0.618 at the mid-point.
Nested bullishness: Wedge in triangle in a Cup and HandleMuch this should be no surprise to anyone. The cup and handle has been the talk of the crypto town for a while now and you may or may not believe it will perform, but the believe that we are in a bullish continuation pattern exist.
The handle appears to be another bullish continuation pattern, an ascending triangle.
The triangle has a falling wedge which is a reversal pattern. This reversal pattern is backed up by bullish divergence on the RSI and we are at the base of the bollinger band. I have shown another example from November of a time we saw the exact same set up and got almost 10% gains.
Now all of this upside potential occurs after we have the buy signal on the has ribbon. This signal went out all over cryptoverse when it flashed.
Every single one of these structures give you a different target, entry strategy depending on how aggressive you want to be and a stop strategy depending on how aggressive you want to be. The targets on the main chart don't even consider that this is a continuation pattern of a flag pole.
I created this chart because BTC is the benchmark for all of crypto. My biases is crpyto will pamp while bitcoin performs to the flagpole target. From there we will probably retrace and I'll look at buying dips. I am betting ethusd will overperform and since it is a collateral currency on my exchange my gains from margin trading to into there. XRP gives me the x5 and a high percent change so I will be long XRPUSD. I'll look for topping ETH, BTC, and XRP to help me make my decision on when to close.
I have linked some posts with some good calls. A lot of formation have strong predictive utility and you just need the patience to have them perform and that can take a while. The Cup and Handle is one of the most reliable chart patterns according to Bulkowski, and he basically wrote the book on TA. Remember, there is a lot of nested bullishness and will patience targets should get hit but that doesn't mean you abandon stop management or get reckless with your entries, especially with margin and leverage.
Find a system that lets your winners run. If your chart formation busts don't hold like a buster. This is time for fundamentals.
BTC has to finalize major $21070 targetMorning folks,
BTC has shown deeper retracement than we thought. Although it was ripening for some time and we even have talked about it earlier, but price has come so close to 20K top that it was seemed major retracement comes after its challenge.
Anyway, we have few possible scenarios here, such as downside AB-CD, immediate upside breakout, butterfly and some others. But I talk only on the one that I think most probable. We need the pattern that makes price to stay flat for some time but then let price to finalize weekly 21070. Butterfly fits best for this. We expect that minor pullback should happen in the beginning of the week, somewhere to 17K area that will become the right wing of the butterfly, and then price should re-establish upside action, making challenge of 20K top and last effort to weekly 21070 XOP target. Strong deeper retracement is possible only after that.
Bitcoin 1 Hour Time-frame AnalysisBitcoin is less than 24hours away from its Weekly close. I will provide a fresh Analysis upon the start of a new week. As of now, BTC is trapped between two key boundaries. (10650.00, & !0450.00) This sideways movement is accompanied by consolidation that lasted for 2 days. I predict two possible scenarios, one is indicated on the chart in a Blue Path Arrow. If price breaks through the upside, I predict movement towards the key Monthly Resistance level. The other is indicated on the chart in a Orange Path Arrow. If price fails the current test of a Daily Pivot, I expect a push down towards local support. After a retest, then a possible break towards the lower boundary of Market Structure. (10450.00)
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Comment your predictions on BTC/USD & XBT/USD BELOW
Using normalized SPX to predict BTC price cycles.Though this was quite interesting. The people saying that these markets are not in harmony are delusional.
Wherever SPX is going, likely will drag BTC with it. I'd be very weary going into this winter with the wuflu boogla 2.0 popping.
Likely repeat of March if not temporarily.
1-2-3 BOOM !!! | BTCUSDAfter the large number of successful analyzes with currency pairs and gold, it was the turn of BTC.
The price is in an upward movement, as it is formed by fast impulses and slow corrections.
At the moment, the price is in correction again and we expect the main trend to continue.
The most suitable moment of entry is in case of break of the correction!
Why?
1) This allows us not to wait long for the price to move aside.
2) But more importantly, it can protect us from a losing trade if no breakthrough occurs.
Follow our analyzes and earn more. Good luck!
DONT BE FOMO THE BIG REAL CRASH COMING ! BTC CRASHdepending on MX effect, and last trend bitcoin should get a crash, be alert with long orders, the mx effect are all time right by expecting charts.
We can get any moment a free fall by whales, as the whales have already big amounts at exchange, and excatly that whales have more than 130% SINCE THE LAST DIP.
Its normaly that we have go a up trend increase, so the next crash will be better to do by whales.
# i did expect before more crash trends, also the chinese one 07-12-2019
NEXT Target are 8400 or below.
💥 If You not short-time trader, this post for you 💥 Hello-hello, my dear friends!💓💓💓
😉Glad to see you today!
I would like to share my thoughts with you: if you're not a scalper or a short-term trader, let's look at the hourly ⏳ chart and add some history :))
We can see, that we're in an uptrend now .☝🏻
And when in the whole district many guys shout, that we are falling at 6k or at 4k or 2k.😱😱😱 So let's turn off emotions and turn on our brain🧠 (funny said🤣🤣)
I spend days looking at bitcoin charts from all sides in all time-frames🧐🧐
I really liked the vision of @ArShevelev and his latest Bitcoin chart. (I advise you to take a look 📊). Yes, most likely we're in the distribution zone.
And yes, maybe we'll fall below. But you must be prepared for this. ❗❗❗
That's will be a movement within the trend. That's doesn't mean, that we are flying down to bottom at 3k. NO!🙅🏻♀️
It means, that either you must sit still or fix your position. And do not enter the long position!
Even if the price drops to 8,600, globally that's wouldn't change anything.☝🏻 The trend will still remain USCENDING.
Fuf, that's all I wanted to tell you, thanks for your attention.💓💓💓
Stay with me💋
YOUR ROCKET BOMB🚀💣
Bitcoin and Fibonacci Levels🧐Hi, friends.❤❤❤
Bitcoin neatly moves up to the intended resistance level (you can see my previous idea, link below👇🏻👇🏻👇🏻).
While the price moving, we can check how the Fibo grid works)💪🏻
This will be especially interesting for a beginner, because you read, probably my recent post about Fibonacci levels (if not, here's a link 👇🏻👇🏻👇🏻)
🧐What say Could you use it? Do you find this informative?
Write me in the comments✍🏻
Stay with me in touch💋
Your Rocket Bomb🚀💣
Bitcoin pull backsNow watching on the sidelines is crazy what happen shooting just shy of 9563 now atm it look like a head and shoulders pattern. It only took 2k btc to dump the price past two major volume candles during the pump, which shows weakness in the orderbook. Dow is open down and so I suspect a pullback in Bitcoin so going short might be a good idea and just watch the chart and take profit when you want. Dont get greedy
TA
MACD is bearish, but could turn bullish if we go sideways
RSI is sideways more overbought
Voume is dropping
Also stoplost would be 8904 give or take with a high of 8991 if it wicks up
Parallel Channel proved its important, Bitcoin Kinnari_PrajapatiHello! Friends,
I came with new research an idea but, before starting talking about technical Let's share your LOVE by giving me LIKES and COMMENTS . Thanks in advance.
Bitcoin is following channel which was drawn by me on 11th APRIL (I will put the link and result bottom of the page)
The breakdown point is important for long traders. I will update the new trend after breaking the breakdown. A trader can by BTCUSD at value.
=> In the last posted idea, many traders were asking "to buy bitcoin" and my replied w as:
Buy Bitcoin at gravitation line and at the value low. This bounce is exactly from Value low.
The next move projected on the chart.
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"" WEEKLY CHART ""
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This is " Price Action with Volume theory".
PART (i):
Relation of Congestion vs. Volume examination:
Herein, 4 CONGESTION found throughout VOLUME declined . 5th Congestion expected because of weekly candle gooing to closed today with both sides of the legs.
All the Congestion has low volume and after the breakout, we are seeing a single directional move.
If we are at CONGESTION phase , we will see a surge in price after the breakout. In the current case, we have more volume compared to all other Congestion phases.
PART (ii):
Patterns are on the chart:-
Similarity showed by a Black circle .
Following patterns has been detected-:
initiative movie
two triangles
rounded move with low volume
tails (while u-turn )
Bitcoin is trading in Up-Wave .
PERFORMANCE Of Bitcoin link:






















