Nothing looks good on this chart. Shorting to 10,000
Wow Bitcoin is still within a 6 month long mega pattern. A new move has been made as expected. Yes I was in a little long but that didn't last long. I was in a perfect position to get in the short at the top with my signals. I'm keeping a close eye out for the continuation or reversal. Good luck 👍
Looking at the Bitcoin Weekly chart, we point out a few key ranges. 📊 The first being the astronomical money-printing fueled pump back in 2021. This range is the backbone of why most, us included, are so bearish on Bitcoin and crypto in general. At least in the short term (we're bullish on crypto very long term). Thanks to the FTX circus, we've just recently...
from the bottom 2018 to the all time high 2021 fino my target is 0.618 as you can see 0.5 in red color means stand by whene the price start testing the 0.618 green line buy buy buy its time to buy
I shared a general scenario of Bitcoin with you I hope you like it Bitcoin is in a downward channel In this downward channel, there are two main supports to prevent Sharpie from falling, which I have marked for you with a blue dashed line I drew the general scenario for you, there is no need for additional explanation I think after we hit the top of the...
As we see this triangle forming we have 2 clear targets. We are going back up to approximately 18.5k Or we are going to make a new low of approximately 15k Very clear and simple. But wait for confirmation and enough volume. Trade safe!
Hi dear friends, hope you are well and welcome to the new trade setup of Bitcoin (BTC) Ona 4-hr time frame, BTC has completed a bullish Gartley pattern. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
2014/15 Bear market look very semilar to 2022 bear market until this moment ...may we see a bottom at 9k levels in case worst senario ...i will update later we need more candles ...
Hello, everyone! Last several days the Bitcoin is staying at the same place and I can see the contradictory in the analysis from the influencing traders. As usual after such huge crash a lot of bulls have been activated talking about the bottom at $15600. Wave theory and trading chaos tell us that it is not true. Total disappointment is about to happen next...
Taking a look at 2 charts on this one. The left being right now, and the right being end of May into June when crypto took a significant nosedive.📉 We can see that the two charts are eerily similar. We've experience a double top at the 16800-17100 resistance. The last time we had a double top at a significant resistance level, we had a drastic drop to the...
Bitcoin is still looking bearish. The potential bottom and buy zone is at 11K - 12.4K in my opinion. In case of breaking the vital support at 11K I expect to see Bitcoin trading at 6K and even less!
Here is my view for BTCUSD on H1. The price could go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
BTC Technical Analysis: - Rising Wedges are being formed. - Smaller Rising wedge is creating higher lows. - Potential to the downside. - How far downside? Between 13-15K Possible? Also take a look at the double bottom formation at the top before we slid down. Folks, these are basic tools to use on a daily basis to find what is happening with Crypto. Follow for...
We all know the volatile past months and weeks but nonetheless let us look at the technical charts. There seems to be a a Rising Wedge forming on a 1HR BTC which suggest a short on BTC. Can you tell me what your thoughts on how long BTC can go if the wedge breaks to the downside? TL:DR: - BTC Rising Wedge found on 1 HR. - May see a downside momentum. Thoughts?
Publishing to track this possible Bitcoin fractal. BTC COVID Crash vs BTC FTX Crash $16k needs to hold for fractal to stay active. Most bottoms form on big players getting wiped out, huge volume capitulation candles. Both instances had volume over 3-4x normal volume at the bottom. We all know what happened after this last $BTC dump to $4k on COVID lockdown...
Hello, everyone! Recently I tried to guess which form the Bitcoin will choose for the wave 4. Firstly I supposed ABC zigzag correction. After I thought that it could be the flat correction. Today I finally understood what market wants to tell us. The first bounce after wave 3 ended exactly at 0.5 Fibonacci retracement level. This is the maximal natural...
If we look at the chart, we can see that BTC Bitcoin was trading lower than its strong support of $17400 and there is not too much volume between $12k and $17K, so it will most likely test that support as well. . On the other hand, i think that by Christmas we will see other institutions or funds with exposure in FTX being margin called! People will leave...
BTC Rising wedge, will go down to previous bottom again, will we break this time?