THE CASE FOR UPSIDE CONFIRMED FOR BTC?THE CHART EXPLAINS IT ALL SO I DONT HAVE TO EXPLAIN IT HERE!:) ENJOY!
Bitcoinshort
Points to growth - will there be? Continuation...I apologize for my stupidity, I was prompted to correct my mistake by a person from the profile of another social network, since we are working in long positions, and here, in the previous position, I published a "short" - I apologize for my inattention.
In addition to this post - see:
We have strong levels:
it is 18650
and 17950.
Going beyond these price boundaries will show you the way to further goals
namely: 18888 - 19270 -19470 -19930.
respectively: the living goals are indicated on the graph.
There are MORE factors to consider.
A mirror level is formed, to which the price can come. namely - 18888
If the price is near this mark for 2 hours, then there will be a 95% update of the peaks.
Erase the volume, look at the indicators and un-trade the pattern that will show you the right path to a profitable position.
If the daily candlestick is above the level of 18888, it means that it absorbs all this fall, this flat and continued growth.
If we stay below this mark for 2 days, then shorts are in priority.
And any entry point in this range will be more profitable short than long.
P.S SEE closely at TF 2-4.
Because, they can make both an inverted Head Shoulders and a descending triangle.
all that will be in the aisles 18150-18650, IT will be Flat
At this time, we are in a long position.
But when it closes, or there will be an incomprehensible situation on the market, it is easier for me to wait out this storm than to catch a minus again!
Analysis BTCUSD#108
sell range: 18950
Targets: 18441- 17932- 17423
Stop loss The first goal: the profit to loss ratio is 1: 1 (19459)
If the first target is touched (close one third of trades)
Stop Losses Second and Third Objectives: 18950(Entry Range)
, If the second target is touched (close another third of trades)
And if the third target is touched (close the deal)
Short Position: Bitcoin bearish toward the $17k!!!Today, Bitcoin have loss the $19,000 USD key level and right now the price it's around of $18,350 USD make a descence over 4%. So, I can't to predicted with exactly what the price was yesterday, but the possibility are 50% to 50%.
So, i put a short order limit at $18,560 USD with a SL at $19,000 USD and my target will be $17,100 USD
And also to recall you, we could see a possible drop so big in Bitcoin and cryptocurrency rest in the next days starting now because Bitcoin turn bearish becuase we touch the maximum history and BItcoin need a correction to then a new impulse!!!
So, tomorrow morning I will going to updadted this par for more!!!
Guys, I reccomend for you as my own learningedge it's to not have a weekly plan, because I prove that and that demonstrate me that if I want to be paciente and have discipline to fight for my financial freedom, the most counsel that maybe I say to you and experiment for me it's to have monthly timeframe and have monthly plan. becuase right now I starting to work 12 hours in a farmaceutical factory in my country Puerto Rico, in the Añasco city. And then, as obligation, I will need to adapt a plan for long but long term that I will need to resist maybe 2 years. But, I will going to explaine that plan to accumulate Bitcoin in Prime XBT or satothis and how to accumulate Ethereum in the Quantfury app using a monthly strategy to find up 30% monthly.
So, good luck in this position.
9.12.2020 - Bitcoin (BTC / USD)Hi Traders!
After a long time, we will look at the analysis of Bitcoin. But first, let's describe the current situation. After the last growth, we are still quite high - around ATH. Overall, however, we have not been able to long-term break ATH or the magic USD 20,000 limit, and we do not think that will succeed in the near future. On the contrary.
The graph shows two basic scenarios that we are currently monitoring:
1. TRIANGLE
The first possibility is that we are forming a triangle. This formation would mean that the market would no longer fall and we would not get a chance to buy "cheaper". On the other hand, it would be a strong bullish signal that we will attack the maximum values again after the completion of the triangle. In the long run, it would also be very positive, because we would create a structure between the values of USD 17,000 and 20,000. In 2017, we were already at these values, but it was only for a few hours. Only now we are starting to create historical volumes there. It is these volumes that will help us in the future as a support.
2. ABC CORRECTION
In the second case, we would fall to USD 16,115 - 16,470. This would be an ABC correction with a conservative target. We are not talking about other targets yet, as we have not yet concluded what the pattern will be.
CONCLUSION
We currently expect to drop to USD 16,800 in a few days, and it will be decided there whether we can maintain this trendline or not.
May the crypto be with you!
BEAUTIFUL PIVOT OFF OF OUR 1-1 EXTENSION SO FAR. WHATS NEXT!?!?After overshooting the 1-1 by around 10-20bucks, we are getting the relief buyers coming in. I see 3 scenarios playing out right now within the next 12-36 hours. Either that was it for the correction drop, Or it will come down and liquidate more longs . The potential bad news is if it reaches all the way to the 1.618, THAT MEANS WE HAVE JUST STARTED A LONGER TERM DOWNWARD MOVE!!! Be cautious & watch the levels I have identified for the best trade set ups. I will provide a fibonacci time analysis in my next post! GOING TO BE INSANE & ACCURATE AS HELL!
IF BITCOIN IS LOOKING AT A TRICKY MOVE...THIS IS THE MOVE THAT WOULD REKKKKK THE MOST TRADERS IN BOTH DIRECTIONS.... ENJOY!!! 2 SCENERIOS
TD SEQUENTIAL 9 FLASHThis is based on TD Sequential. The nine flash on the monthly is indicative of a overbought and signs of exhaustion. Support at 20 week moving average.
BITCOIN, Ready to HUNT Investors Again..!!BTC is at ALL TIME HIGH.
Double Top
It's been holding since last week
If weekly candle closes below 20K Then
there might be a chance of 17k then 14k
Trendline can be scene
Remember that it can be FAKE BREAKOUT too
just to lure newbie investors so
This month is really really crucial for BTC.
I hope it won't break above within this year.
Still alert: Bitcoin form a simetric triangle; key Daily chart!Bitcoin still into this consolidation from yesterday. And we see that Bitcoin it's so higher. So, lets me see to show you the Daily timeframe and chart analysis:
In this blue clear square, we are into this bearish chartist pattern and also we could see an important correction because we are in the higher zone that Bitcoin could be so volatil to then, liquidated all long positions. And today the candlestick today has grow up 50% of the latest candlestick yesterday that I note that it's bearish. It's very important to look the Daily chart to know the situation of the market and perspective!!!
Looking more deep, we are into this correction #4 of elliot wave analysis and then, we could see during the trend a possible pause to make a relax before to continue up.
And finally, in H4 I draw this arrow red and green to identify the up and the down, it's easy the up are greens and the down are reds. Now, I mark also a trend line that work in 2 ocassion as support and resistance as Bitcoin could have any possibility to make a drop toward the $17,400 USD again.
Now, I want to discuss your plan if you're prepared for the drop!!! What do you think about it?
Strong impulse - we are waiting!Holla my friend!
When price breaks over 18720 - expect strong impulse to renew lows - previous idea
"Btc/usdt - What to expect?"
will show you all the goals that we will achieve.
the last one, at my discretion, will be 18150.
Therefore, those who are in long positions - be careful - but this is trading.
And there are some points that indicate an increase, and these are:
- Rising highs
The price for CME REACHED THE LEVEL OF 20300.
The strong level of the market maker is 18850-18750.
P.S But I'm waiting for a strong impulse down
D wave in progress, buy the dipWe are in a progress in D wave pattern to perform, wait and buy a dip. Bitcoin needs a break/correction before it explode higher, bitcoin is over-hyped from the media news.
Btc/usdt - What to expect?Hello dear traders.
The previous idea worked 50% - but not 100%.
I confess - I am not upset, since the profit is taken at 50%. Taarget 2 - we closed with our hands at the same level as the first target was. Since there was not enough $ 5 to the second point. (You can look at the previous ideas. with perfect working off at 19450-19620)
What I expect is a decline. To what levels I have shown you.
Further - the margin on the bitcoin-dollar price chart = 1300 points.
Get ready for a major crash and correction.
There are much more price movements upwards than downwards.
Well, the number of longs.
ALL arrived and have a nice day!
If today the price is fixed above the price - 19,200-19280 - we will have an increase to 20,000.
If it is below18950- 18900, wait for the lower border to be updated - 18250 - 17200.
BITCOIN - Intraday Update - 12/03/20 (Short-term)BITCOIN - Intraday Update - 12/03/20 (Short-term)
The bearish alt: count.
Bottom Line: The alternate count, is the Bitcoin may correct in a wave ((2)) minor. A more bearish possibility is that wave (C) is developing as a zigzag and will make a new low under 18140 before the rally in wave ((3)) begins.
