Bitcoin Retraced Backup - Signaling The Next Move - Up Or Down ?Bitcoin/1H Doing a pennant
The pennant after a upside move indicates a bullish pattern that could go to 30K but dont forget the ascending triangle it formed before crashed down. so this could be a jebait too. Ive talked about this in details in video
Liquidation wise we have some around 27.3 (1000M) and some high leverage around 28800.
Some indicators are bearish which I mentioned in Video
Thank for watching and for you support
Bitcoinidea
Bitcoin -> Bullrun Already Over?Hello Traders,
welcome to this free and educational multi-timeframe technical analysis.
On the weekly timeframe you can see that Bitcoin is now actually breaking below the previous support zone, creating bearish market structure, so at least for the short-term, everything seems quite bearish.
However you can also see that Bitcoin had a quite massive pump recently, the emas also shifted towards the upside, so I just expect a short term correction to the next support zone and then the longer term continuation towards the upside.
On the daily timeframe you can see that the market is basically in free-fall mode, so I am now just waiting for a retest of the next support zone at the $18500 and if we then have some bullish confirmation, I do expect the next impulse towards the upside from there.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
[Tutorial] Price Action And How Can We Use It To Make MoneyWelcome to this video on Bitcoin and price action Part 1 of 3. But what exactly is price action, and how can it help you make informed trading decisions?
Price action is a technique used by traders to analyze market movements based on the price and
volume of a security, without relying on technical indicators or other external factors.
In this video, we'll explore some of the most commonly used price action patterns in Bitcoin trading
, including support and resistance levels, trend lines, candlestick patterns, price action patterns, and moving averages.
We'll also discuss how to use these patterns in combination with other forms of analysis to make informed trading decisions,
and how to manage risk when trading Bitcoin.
BTC Bitcoin Technical Analysis & Trade IdeaIn this video, we take a look at Bitcoin and observe that it has currently traded down to a crucial support level. Above that, there is a significant price gap and buy-side liquidity in the form of stop losses, which SmartMoney could potentially target. During the video, we delve into trend analysis, price action, market structure, price gaps, and touch on a potential trade opportunity. Please note that everything discussed in the video is purely for educational purposes and should not be construed as financial advice.
Bitcoin wants it higher but bears dontBitcoin\1H consolidating after breaking the down wards parallel channel and making a new extreme to the upside ~23.6.It could go up to ~24.1 where a big liquidity cluster is and come back down after that.
**Next stop for bitcoin could be around 20500 where the CME Gap is**
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We yet have to see a flood down to around 20K or even 19K. With SPX testing the biggest resistant line as a support ,today after a retest it will lose it and flood down thus btc will follow .
BTCUSD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Bitcoin -> Don't Get Caught UpHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe Bitcoin and basically the whole crypto market had a quite nice pump over the past couple of weeks.
As we are speaking Bitcoin is now retesting weekly previous resistance and is already starting the expected rejection towards the downside so I am now just waiting for a retest of the next previous support zone before then starting another push towards the upside from there.
On the daily timeframe Bitcoin is currently breaking below a previous structure area, so market structure is now bearish, but also here I am just waiting for a retest of the previous low and some bullish confirmation before Bitcoin will then create the next bullish impulse, heading for a higher high.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
BTC Bitcoin Technical Analysis & Trade IdeaThis video discusses Bitcoin, including its key levels of support and resistance, trend, price action, market structure, and other technical aspects. The 4-hour time frame shows a bearish break of structure, and the question is whether it will retrace further. It's important to note that the information provided in the video is for educational purposes only and is not intended to be financial advice.
Will Bulls push bitcoin higher ??BTC/4H Ascending Triangle with yellow uptrend line and white horizental line
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With the ascending triangle that btc formed and the consolidation at the high of its range showing the bulls might want to push it higher ~26849 then hopefully bears will enter and smack it down.
Another possibility is to hit ~26849 then do another bull retest and fill the gap from ~27400 to ~28900. The fact that we are holding here indicates we could fill the gap tomorrow on FOMC
we could consolidate today as well due to tomorrow FOMC meeting.Also Liquidity wise there are some high leverage liquidity to the downside
Detailed explanation and more information on video
Thanks for watching
Bitcoin Getting Closer To Dump PointBitcoin on weekly looks like it wants to break 25.2 and goes to fill the gap starts ~27500 to ~28800 but on 3H it looks like a SYMMETRICAL TRIANGLE that is about to break down and retest the bottom of the triangle once it crashes.
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Usually nothing special happenon weekends thats why I dont do videos but I feel like a down side move is due for this weekend on sunday.
talked about the liquidation clusters and spx and dxy at the end too
Thanks for watching
Bitcoin Fake Pump Before Major CrashAs Ive said in previous video (link to related ideas) we were jebating longs before going into a crash . we pumped to 25K to retest that price which is eight month high and the origin of previous downtrend.we now formed a double top on high time frames (3h 4h Daily)
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We pumped 13% in one day and dumped 8% the day after showing sign of heavy rejection and more yet to come.
since we consolidated at most levels from 20K to 25K , a capitulation candle downwards ( at least 13%) could happen any time but personally I think S&P500 must be ~3800 and DXY ~104 for that to happen
maybe a retest around ~24400 then come back down to 22800 and if that support didnt hold ~20500
More details and liquidation clusters in video
Thanks for watching
Bitcoin jebaiting longs before crashBitcoin trying to jebait more longers with its new extreme before dumps on the bulls and destroys the bull hopium once in for all
BTC/3H ,`still in the rising wedge`
Personally looking for a possible short from ~22600 to ~22900 or around ~21800 if it bleeds there does a bearish retest
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With CPI numbers being out and not looking for btc exited the top of the rising wedge but failed to hold it after retest , now we are inside it again and we could easily go down to the bottom of the wedge and then break down from there after a successfull retest ~21800
We could also hit ~22900 and then go down from there which is less likely to happen due to the weakness of bitcoin
Thanks for watching
Bitcoin and CPI day-Crash down imminentIn this video I talked about BTC on CPI day , technical analysis + price action and trend line
at the end we take a look at spx and dxy
BTC/3H we are at right shoulder doing the same pattern we did from left shoulder , **RISING WEDGE** , and these wedges usually endup with a wick to the opposite side it wants to go as a jebait which will be to the upside ~22800.
`We could go down to 19.5 today or even worse ~18.4 to crush all the bulls`
Thanks for watching
Bitcoin -> Be Ready For The Next MoveHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
From a weekly perspective Bitcoin just recently had a massive 50% pump towards the upside without any noticable correction.
Therefore, it was quite expected that we will at least have a short term retracement, which the market is currently providing. However since we are now testing previous weekly resistance, turned support, I do expect the continuation towards the upside from here.
On the daily timeframe we can see the same picture, the market is about to retest a previous daily resistance zone; I am now just waiting for a deeper retracement before I do expect the continuation towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
Bitcoin -> More Potential To The UpsideHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
Over the past four weeks, Bitcoin had a massive rally towards the upside, rejecting the very strong psychological 16.000 area.
I mentioned this rally towards the upside over and over again, since Bitcoin was also retesting the previous all-time-high of the last crypto cycle in 2018, which is now turned very strong support.
Considering that crypto pumps can last longer than most people think, I am now just waiting for a classic break and retest from a daily perspective to go long on Bitcoin.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
BTCUSD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
BTCUSD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
LTCUSD Top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
BTCUSD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
BITCOIN: Possible sell opportunity...?BTCUSD has reached the top of a Descending Channel, and entering a Supply Zone presumably holding selling orders. I believe the market will tap into this pool of liquidity, and turn over control from buyers to sellers.
Comment if you agree with this outlook. I would appreciate the feedback.
Bitcoin: Rejecting support...?Price is at a point of confluence. The long time trend line is crossing the horizontal support, where price is showing preliminary signs of rejection. A break above the previous 4H candle high , and a close, would signal buys, in my view.
What are your thoughts? Leave me a comment, kif you would.
Thank you!
Bitcoin: Update for the weekend! Part 1Here is my current observations. I illustrate the possible scenarios, and which one is more likely.
Please leave a comment, because I would love some feedback!
A LIKE and a SUBSCRIBE would be taken as support for my efforts, and appreciated.
Thank you, and have a great weekend!