A 3D pattern can be seen on the Bitcoin chart. It has reached an important resistance area and swept the liquidity pools. The price can fall to the lower regions. Bitcoin could have a median correction For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
After being bearish over the last two months, I've switched my bias to neutrally bullish. The main idea behind my bearish bias was the fact that BTC reversed from the top resistance of the parallel channel. That, combined with pre-halving years being 50/50 green and red, made me think there was more in it for the bears. However, I always wrote that a bullish...
In my most recent FTM analysis I looked at a long-term head & shoulders pattern. My initial analysis stated that I was waiting for confirmation of the break out with an entry of 0.16. The entry has never been reached, so no entry has been made. FTM saw a significant bounce over the last few days, bouncing over 35% from the lows. Seeing that the bear market...
As you know, I haven't been taking the time to share ideas lately But now the market is at a critical point and I think it is time to provide an update As you can see, I have entered a sell position See and read additional information in the chart wish u all the best :x
i dreamt the other night that this run may be around mid 50s and we are currently here. if price slows/stalls we could see a great alt season should btc move sideways whilst the market decides its next move...
the 3month bitcoin chart shows that bearish volume has increased in the last quarter only for price to be held suggesting a momentary pause at the middle of the range with some upside inbound. my guess is that bitcoin will now push up to the .32/.5 fibo retrace (most likely spike beyond at the range high) before the rally fails and we head to the range lows to...
how both sides see it. we are currently sandwiched in a range of historical resistance/support flips - the initial 10k resistance flipped support for the bullrun, and the level that held price to ATH now flipped resistance. bears are aiming for a retest of this area near 10k bulls are aiming for a retest of the area near 30k ...both are probable thus far we...
Hello, everyone! Bitcoin made another one leg up and stopped just under the top at $32k. It looks really dangerous for bears. Anyway my main scenario still can be valid, but today I want to consider what if I am wrong and BTC will break $32k, how it can happen. If we look at the current move as to the impulse here are no ways except this is wave 3 finish. we...
BTC Update for my community. Still better to trade after SL hunt of short sellers
Hello, fellow traders and hodlers, I've come up with yet another idea, and I know it might sound a bit cliché, but timing is crucial in this case. If we take a look at the entire BTC history, you can see how the price has reacted to the 20 MA. If we've stayed below it on a weekly timeframe, the price either took a sharp nosedive or lingered beneath the 20 MA for...
Last weeks high: $30629.8 Last weeks low: $28832.6 Midpoint: $27035.3 Bitcoin finished the week with a massive 11.1% increase and a weekly high of 13.28% greater than weekly open. The way in which BTC had that huge initial gain at the beginning of the week was due to Cointelegraph issuing a false report that the Blackrock ETF had been approved when in in fact...
After large liquidations took in 30600 and 30800 zone, market makers will decide the new movement. Now there' s an important liquidation at 31K and even larger liquidation at 30K. Most of high leveraged longs will be liquidated in 32K area, so 31K may be the direction. But... #btcusdt made bearish pattern SHS in STF and had weakened. In LTF, #btcusd price has...
Bitcoin (BTCUSD) almost hit today 31050, which is the Shoulder level from the April 14 High that formed the Left Shoulder of the Head and Shoulders (H&S) pattern of the last 6 months. As long as this holds, it will be the Right Shoulder of the pattern, which translates into a Sell Signal, targeting the 28150 Support and potential contact with the 1D MA50 (blue...
Here's your weekly update ! Brought to you each weekend with years of track-record history.. Don't forget to hit the like/follow button if you feel like this post deserves it ;) That's the best way to support me and help pushing this content to other users. Kindly, Phil
Today, we're going to look at several scenarios for possible Bitcoin price movements. Let's start with the fact that our previous trade for BTCUSDT hit the breakeven stop yesterday. Although this trade showed +7.5% at its maximum and 2.5% to take profit, we recorded a +0.7% result. We hope that someone else managed to make better use of this trade and record a...
Morning folks, Not occasionally last time we've said - let's wait until the close of the week. And right on Friday situation has changed drastically. We haven't got any of potentially bearish patterns. Although we keep watching for weekly H&S pattern, but since there is no bearish signs yet on lower time frames - we do not consider taking any shorts by far. If...
seems like ready for massive recovery multi year descending channel and retest has already confirmed expecting massive recovery in coming days expecting 200 to 220% bullish rally always use good risk rewards ratio for best trading results
Turtle soup at 30750 resistance. Whales step in, a failure of 30750 could see bitcoin drop up to 27000-26500 area quickly