Enter at the Green line for Long if the Structure is holding, enter at the red lines for a Short order. If a LONG Scenario plays out, take profit at the 200EMA (~20950USD) If a Short Scenario plays out take profit at around 20130USD
btc is doomed for 10k sorry...... anyone jumping in is probably going to get rekt. these were my buy signals for the past 3 months. should of gotten in then. sellers will make sure btc doesnt get above 25k in quarter one. anyway good luck crypto! hodl like your life depended on it.
On the coin, after a strong growth, an interesting cascade of loons was formed. I consider the impulse breakdown of the cascade after the formation of local trading at the upper level with ideas to collect liquidity below. I will not enter the entrance when there is activity in the glass, I will not enter from the approach.
Hello, traders I think we have an opportunity to sell bitcoin in the short term This is not investment advice, you are responsible for your decision
Macroeconomic factors will not do Bitcoin any favours in the short term. I believe the recent spike was a consequence of short position liquidations (~600mln) and not new adoption or demand. Therefore another leg down is more likely than anything else.
4H/Daily Resistance level reach (17550-17350) Best Risk Reward Ratio 1:4 MACD Divergence is form
Looking for Bitcoin to come back down to $16,600 on the 4 hourly based on the Stochastic RSI being overbought and looking to come back down to test our Moving Average within the Bollinger Band. Keep in mind we're building momentum on the daily So Bitcoin is likely to have a run up in the price in the coming week or two. Much peace, love, health, wealth. Safe...
Bitcoin will soon test $10,600 when touching the downtrend anyway We definitely have an uptrend The best time to buy 12000$-10800- The next price peak will definitely exceed 100k good luck for everbody
I see bitcoin falling to the 16663 region for the short term,
TA: Elliott impulse wave (12345) - Elliott correction waves (ABC) - Falling Wedge Pattern - RSI in weakly time frame is still bearish . I can't see any bullish market structure Macroeconomics: EUR problems bcz of Russia inflation - covid-19
Short. As stated before on other posts, just wanted to make it clearer.
So btc is looking bearish after completing a 5th wave pattern. it's looking quite bearish. let's see how it goes :) already have massive, short open, so please manage your risk before trading.
#BTC #Bitcoin $BTC #Harmonic -Deep Crab 🦀 - The Descending Triangle - Demand Zone = Easy money ⏳
The assumption of an inverse relationship between the gold and stocks implies a negative correlation coefficient. KDJ (bottom) and CC (top) had inverse peaks and troughs in those circled periods. This time (blue circle) the two indicators aligned to fall. KDJ predicting the downfall of stocks may confirm the market equilibrium resetting. Moreover, the graph...
The vector analysis wave RSI volume, show a trend 📉 to bottom in this week
Planning on shorting MATIC / USD around the 4H FVG on the top of the chart * Would expect price to strongly pump and spike into that area since there is a lot of liquidity above the current price. * This predicted move could be seen as deviation above range high * When getting back into the range, I would target range midline and range low