Cowabunga, my fellow wave warriors! 🤙 Time to shred the financial waters and catch some tasty barrels of opportunity! Next week's plan looks like we might be in for an exciting ride! There's a possibility of a bullish rally pushing the prices higher, possibly soaring towards the daily Order Block (OB). But, you know, we gotta stay realistic too, and not get too...
Daily TF and Bigger Picture Bullish 30 Min. is currently bearish,Bitcoin needs to fill the previouse Gaps southern area.I have marked them for you. The gaps have to be filled first, because BTC rose too fast and it needs to pick up the buy orders that areas.. Otherwise, the Bull trend will be slowed down. I am long, and stay long. The VP is trending Bullish, The...
1. 29800 Long 2. 28700 Long 3. 27900 Long Trade with caution. Lower the leverage. The issue can be resolved by purchasing in thirds with a 5x leverage. Why do we liquidate everything at once when the leverage is over 20x? Let's receive feedback for me and grow together by learning patiently.
- I said I would take a short position if B rebounds near 31,000. - Currently, B has rebounded more than expected due to the expansion flat, and now only a drop towards Z remains. - There is a possibility that Z could drop to 28,850, which is 161.8% of the length of W. My perspective remains the same.
-The final Z-wave could be near 28855, which is 161.8% of the length of the W-wave. -The current decline could occur as quickly as today or take up to 5 days to unfold. -Taking into account the possibility of a B rebound up to around 31k, one could consider holding back and potentially shorting near that level.
- There is a high probability that 'c' will decline around 31420, which is the same length as 'a' in a 1:1 ratio. - I will take a short position near 31420.
I divide this analysis in 2 parts: I.Technical Bullish scenario Bearish scenario Please read it carefully. II. Fundamentals I. Technicals Scenrio 1 Bullish : SO HOPELESS THE MARKET LOOKS; btc HAS ENOUGH ROOM UPSIDE AND IMPORTANT SUPPORTS TO DEFEND: dISCRIPTION OF THE SYMBOLS: fOR BETTER VISUALISATION i HAVE MARKED THE ARROWS AND USED SOME MOJIS. GREEN IS...
1. B has surpassed 61.8% and subsequently experienced a decline, indicating the formation of a flat pattern. 2. There is a high probability that C will fall to the length of 1:1 (29500) or 1:1.382 (28900) relative to the length of A.
1. Currently, the completion of a three-wave pattern is evident, and it appears that the correction of the fourth wave is underway. 2. In the ABC correction, the C wave is in progress, and it is anticipated that the final downward wave will begin around 30760. 3. Short position near the 61.8% correction zone around 30760. 4. Long position in the 1:1.13...
I mentioned that if the downward channel is broken and there is an upward movement at this timing, it will likely rise significantly. You can check my previous post for more information. As the third extension of the third wave is currently underway, it is expected to demonstrate the highest level of increase. We anticipate a length of 161.8% (33780) or 261.8%...
The Falling Wedge Pattern of Bitcoin is following the trendlines from the last post: Eventually I expect the pattern to complete at $23000, as you can see in the chart. Looking forward to read your opinion about it!
- I emphasized the importance of this support line. - Furthermore, I mentioned that the probability of a significant decline is high, given that this support line was broken a few days ago. -Please refer to my previous post.
Whether up or down, there is a high probability of a significant price movement breaking through the channel this time. Therefore, chasing trades may be more favorable than counter-trend swing trades this time. If it breaks below 25,400, go short. If it breaks above 27,600, go long. However, it is important not to forget to set a stop-loss immediately if it...
Btc going fall down in coming days. But Even if there is a bitcoin pump, it will go to a maximum of 35k to 42k. After that he has to fall down very badly 18k. If Bitcoin seems to be pumping, you guys don't think the bullrun has started. Because if we analyze the chart from the previous halving, Bitcoin looks like a dump. This is a swing trade, it may take time...
From a technical point of view, it is seen that Bitcoin making its 4th boom-bust cycle move. The black line I drew on the logarithmic chart has been acting as support and resistance regularly since 2012. The past 3 boom-bust cycle patterns have been applied to the cycle that we’re in right now. The Yellow line is between 2012-2014; The blue line is between...
If the demand test is successful, you can open a long trade on low or medium volumes. The goals are set according to the situation. 2650 is a great price to open a position.
>The daily chart revealed the presence of Demand and Supply zones, as depicted in the image. >I verified my analysis by utilizing the Search Volume Profile for a fixed range, which confirmed that a particular level aligned with my identified supply zone. >Furthermore, I found that this supply zone coincided with the 61% golden ratio zone of the Fibonacci...
Debt Ceiling Explined: Bitcoin and other cryptocurrencies can be influenced by broader economic factors. In a scenario where a government default occurs or there is a significant economic downturn, it is likely that market uncertainties and investor sentiment could lead to a decline in Bitcoin's value. Bitcoin has formed a Head and Shoulders bearish chart...