BTCUSD Correct Buying ZoneHello traders!
Traders Frustration is at its peak and they want to take the BTC price out of the galaxy. People are ignoring many disturbing facts. If you walk looking at the sky then there is a big chance that you will fall as you are ignoring many obstacles and opportunist people. The same thing happened in the Market as Broker/fake new producers forced people to look at the sky and what they did is in front of your eyes and the same thing is happening again as people thought now is the time to buy and now it is ready for another crash.
First, broker dropped traders on the floor and now it is ready to beat as hard as it can. This is an unauthorized Market so being smart will not work you have to become the smartest to stay in the game. Keep in mind that trading is the hardest way to make money.
Thanks to my strategy as I warned traders at the peak that the Market is about to drop and I also predicted every wave so traders stay aware of the next moves and I will keep updating till the final point before rising.
Let's talk about the bottom
The market remained in a range for 3 years and that range is now turned into a magnet and there is a gravitational point of this magnet which is 50% of the range.
This gravitational point is now attracting price like a magnet and after it hit 11400 it will bounce back and then it will be ready to move up again.
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Bitcoin-crash
📉📉📉Bitcoin Crash Incoming???📉📉📉As you can see, we have a large scale head & shoulder pattern forming on the HTF. I have an inclination toward bitcoin having a mini rally to 48-49k in the next few days and weeks to fill in imbalances left during the selloff (refer to bitcoin futures chart to visualise gaps). I strongly believe that we are done with this cycle and bitcoin could head all the way to 10k. Thats not to say that the next cycle could start as early as next year. Lets see what happens!
Days are limited Figured at some point we'll make another leg down further to 25k or so. Timing has been most difficult. The pennant is closing in. The pennant is starting to droop downwards, which is the sign that it's almost over; however, that often means one more attempt up. We may be looking at one more attempt to break above around 37.5k, but ultimately, I see Bitcoin capitulating soon after. It's less about if it's going to happen, but when it's going to happen...a week or so?
BTC may drop now to the bottom of the golden pocket and beyondThe type of dip (descending arch) we are seeing on the hourly often has a sharp fall to follow. If we look at the last descending arch it was the last time there was a major dip. Following that we can estimate where it might fall to and take out a long position. For now it's a short.
The first drop might bounce from the bottom of the golden pocket, which is also the weekly S2 and the bottom of the forming triangle, providing us with some confluence. A bounce to the upside would probably see it reflect off the top of the golden pocket / weekly S1 and make its way forther down to find support again at around the 29k mark.
Memorial Day SaleSeeing a lot of bearish signs particularly now with the completed H&S.
With the bearish sentiment, the bearish charts, & the obvious H&S spooking everybody into shorting - I expect another flash crash when all those shorts close at the same time.
24k may be conservative considering the above. Depending on the severity of a flash crash, 20k may be a more accurate number.
Ethereum on FIRE!?? FEAR & GREED, Buy or Sell at $1800-1900???Calling the short term bottom here! If you missed out on Ethereum at $4600 when there was euphoria and nothing but positive news, now is time to consider Ethereum at the best discount we'll see in decades. Discounts can even be better as the whales have dumped, short term minded speculators bailed and derivatives toxicity overflowed.
Once people figure out why banksters don't want competition, everyone will be buying this new generation real money, controlled by math instead of crooks counterfeitting their "just because we say" IOU gov paper.
Don't bet the farm and never trade crypto leveraged. That's like asking a poker pro to be your banker. You'll walk in feeling rich and aiming to leave richer and you'll walk out penny less.
Also, don't trust crypto exchanges. They will be taken out by banksters and the puppets they control. Yes, that makes trading more tricky and is the #1 reason non-traders, HODL investors, should only do cold storage wallets.
Peace out.
PS When you start hearing about all the Ethereum V2 taking over the world with low transaction fees and energy use, sell 50% of the ETH you buy at sub $2K and repeat this wonderful cycle of fear and greed.
[UPDATE BTC] NOTHING UNTIL JULY AND THEN WE GROWAFTER THIS TEXTBOOK MANIPULATION, I EXPECT MODERATE CONSOLIDATION FOR 1-2 MONTHS AND THEN WE START MOVE UP.
EVERYONE IS EXPECTING A BEAR MARKET. HOWEVER, THAT'S WHAT THEY WANT, EXTREME FEAR.
IT'S A TEXTBOOK EXECUTION OF AN INTENTIONAL DECEPTIVE CAMPAIGN TO TAKE MONEY FROM UN-INFORMED INVESTORS AND SHIT COINERS.
Huge bearish divergence on BTCSo yesterday, I noticed that we have been creating a bearish divergence on the chart for a few weeks, just wondering if this is what caused the crash or is just a coincidence that this pattern occured. I'm new here on the crypto market only been investing for a year, so please bear with me if I'm being ignorant or just dumb.
Some much needed Bitcoin perspectiveWhen you zoom out, you see that this is a typical event in Bitcoin's history. Once you see the pattern, when days like this come you can laugh at the chaos and the doomsayers, and perhaps even take advantage of some of the amazing prices! Opportunities like this only come once in a while.
how to rally to 100k btcas i said yesterday after breaking down that giant pennant on 4h chart the crash was coming but are the bulls dead? or just tired. if we look at bitcoin history a crash of about 40% happened fairly regularly in the past bull market and every time we made such a big correction btc raised over 150% after the crash which I cant put the chart here because I'm not a pro member (such a bull*hit) but you can check it out for yourself and its really cool to find this patterns
so where that put us right now?! i think we might still have some room to go down and test the 20ma on the weekly chart at somewhere in about 42k which is the last top we made after the breakout from 2017 ATH and if you measure from the current all time hight 40% down that puts us on exactly around 38k and if we go up 150% from there we look at something about 100k. and I personally think this absolutely can happen the most possible scenario here is testing 42k which is not exactly 40% but is a powerful level and we can reverse from there. this can be on of the best buy the dip situation of this bull market. so watch out for the next few days.






















