after taking partial profits on my 1st BTC short i moves my stop loss into profits which was triggered when it wicked up, which is why its always smart to take profits along the way and move that stop loss into profits to make it "risk free" After a massive surge up i felt like it wouldnt sustain above the ascending trendline so I jumped in with a larger trade...
Here's a longer term idea I'm playing around with and my reasoning for it: When price broke $13k, it tested it 3 times prior to breaking through resistance and on higher time frames, never retested the level as support. On top of that, price rose really quickly after breaking out, unlike the normal start to a bull run where price rises slowly and then accelerates...
Neutral because a descending triangle can go either way. We will have to see the price action at 30K to confirm whether it's bullish or bearish.
This TF1M look at arrow, key candle at January 2022. if candle close at above 42.629.001$ need candle in Februari break closing 48.000$ after is BTC still not healthy, need confrimation if want brekout, because BTC must closed price above at 52.930$. and continoues bull , if BTC failed close 52.930$. and only Close priceat 50.830$ this is very dangerous . becaus...
Bitcoin - Intraday - We look to Buy a break of 43626 (stop at 42876) Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. Neckline resistance 43600. The bias is to break to the upside. Our outlook is bullish. Offers ample risk/reward to buy at the market. Our profit targets will be 45688 and 46688 ...
BTC is still running in the accumulation phase. 2 weeks ago I shared the targets of 40k and now it's happening. 1st Scenario: If BTC doesn't hold 40k to 38k level on a daily candle then we will enter into the bearish market and the market will fully likely turn into the bearish market. ( Head and shoulder pattern break scenario ) 2nd Scenario: One of the most...
As you can see back in 2013, BTC went up, did a pullback, went back up again consolidated and then shot up again by 490%, if BTC does this again then we could see a $230-250k BTC! NOT FINANCIAL ADVICE, just my prediction on where BTC could go to!
12 786 92 AM AS AD AR AP ...... by comparing btc we can see obv levels on daily time frame and 4 hr time frame ( FACTOR 6 ) AND 1 HR ( FACTOR 4 ) (INSHA-ALLAH) THANKS.
This is my idea of the next few moves for BTC. Period 10 dec - 25 dec The reversal is near, 2-3 weeks of waiting. don't Like & follow
After Bitcoin broke it's previous ATH we saw a steep correction. This was due to many factors like the sale of nearly 4k BTC, the S&P 500's downtrend, Evergande's recent default, the new variation of the bug, and recent regulatory/taxing decisions made by the United States government on crypto. Since then we saw a strong recovery from the S&P 500 after bouncing...
The ENTRY/TP zones are your entries as well as your exits. Everything above the current candlestick is resistance, you would treat every zone above as a sell/potential buy break. Everything below the current candlestick is support, which you would then treat every zone below as a buy/potential sell break if it hits the pip rule. More info on the strategy and how...
2022 is gonna be hell for whoever is still holding on btc as an investment, thic coin is crushing down probably to $30k/$20k or more. there is a huge divergence between the two HH on the daily and on the 4h too, it went bellow the 200ma, forming new structure, heavy bearish momentum. frankly if btc went and retraced to 52500.00/0.618 fib with a touch of the trend...
Technical Analysis Summary BTC /USDT TREND ANALYSIS We have 2 Downtrend in red color (LONG TERM AND INTERNAL TREND) We have 1 Uptrend in green color Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend). FUTURE PREDICTIONS We have many resistance and support levels that I have mentioned above. I use thickness as an...
Here is the second idea from the higher timeframe, Weekly chart. Setting on the chart on 1W tells yet another story of trend continuation if the price were to hold onto ~$54,500 levels this week. Followed by this I would expect a bullish rising wedge pattern, as I have drawn(forgive my poor painting skills) on the parallel channel to hit the $73K or $78K levels....
Possible movement from recently broken all time high to support.
Is BTC going down? I felt sorry for many people because of this situation. It was really a stock market manipulation. Or so I think. Because big volume single candles can be drawn by a large whale. First of all, I will introduce you the signature of our biggest whale on the chart. Yes it looks like a harmonic pattern. But there are about 70 different patterns...
Technical Analysis Summary BTC/USDT FROM PAST (EXPLAINING WHAT HAPPENED) BTC respected the DAILY suppport level (62701.8) (yellow level) then reached and respected 1hourly resistanse level (65656.1) (yellow level) and continued dowN to rech 15 minute suport (64433.9). TREND ANALYSIS We have 1 upward trend in white color and another down trend. FUTURE...
There might be a huge correction in BTC - 1/4 Hours Analysis based on Supply Demand & Wyckoff, Price Imbalance, Structure - 1 Hour Distribution Wyckoff Formed - UTAD had played out - Wait for LPSY to form ( retest and confrmation) - Short at LPSY (scale down to 1-5 mins timeframes for better risk rewards entry) - Take Profit at 1/4 Hours Demand (could partial or...