Hi there. Nasty week. we are dropping into heavy demand zone in the orderbooks. In this video we walk trough some of the details that are starting to look good however cognisant that momentum should be respected. Check the videos for more details.
Btc possible making a double top pattern, 4hr ma 200 pushing it down and up and in 1D, 6hr 12hr 4hr its all a double top wait for a break out on the neckline and then position a short entry careful and dont counter trade not a great trader but if my prediction is right. Go ahead and leave a thumbs up thanks
hello dear friends. While we are experiencing the early stages of the bear market, I would like to share with you that there may be revenues in the coming days.
Bitcoin is currently trading at the trend support that started after the covid crash two years ago. if the level held strong, most probably to see a bounce from here in the coming months. FTX:BTCUSD FTX:BTCPERP BINANCE:BTCUSD
BTC 30m support is at ~$29700 Enter 50% at the current price and try to set some buy orders near the support zone If BTC holds above the trendline, the Take-Profit target would be 5%, 10%, and 15% from your entry Cheers
Hi everyone. In this video talk through the ongoing consolidation, cover some order-books and nearby technical levels of relevance. Also cover some macro rsi vs trendlines analysis that are showing over-extended drawdown into lows offering higher probability of bounce from these levels and better RR longs.
We exited our short position and BTC 2H support is now at ~$29800 Enter 50% at the current price and try to set some buy orders near the support zone If BTC holds above the trendline, the Take-Profit target would be 5%, 10%, and 15% from your entry Cheers
The market is now trading on a completely different market structure than it was week or two ago. Once we broke the 28-23k range and tap into the support support around 26k range Bitcoin now need to regain 35 and trade above it consistently to become bullish. While bellow 35 it is expected to retest lows OR even actually continue with the macro downtrend set by...
BTC 1D resistance is at ~$40500 Enter 50% at the current price and try to set some sell orders near the resistance zone If BTC stays below the trendline, the Take-Profit target would be 5%, 10%, and 15% from your entry Cheers
BTC 1D resistance is at ~$40600 Enter 50% at the current price and try to set some sell orders near the resistance zone If BTC stays below the trendline, the Take-Profit target would be 5%, 10%, and 15% from your entry Cheers
Hi traders, Here is a detailed elliott count I tracked for BTC . You may use this chart to serve as a confluence to your strategy. Since the start of this year until the breakdown yesterday, an irregular flat correction has played out after an extended wave 1. As a rule of thumb for extended wave 1s, wave 2 must be the most time-consuming pattern out of all 5...
Hi traders, Here is a detailed elliott count I tracked for BTC. You may use this chart to serve as a confluence to your strategy. Since the start of this year until the breakdown yesterday, an irregular flat correction has played out after an extended wave 1. As a rule of thumb for extended wave 1s, wave 2 must be the most time-consuming pattern out of all 5...
Hi, I am an elliott wave trader and I believe 2 patterns could play out here. A common "Expanded flat" wherein wave B goes beyond wave A, and wave C overshoots wave A. We will see another bounce to 36-44k, dump to 24k and possibly 17k on the last wave (1W 300MA bounce). and a rare "Running flat" wherein wave B goes beyond wave A, and wave C fails to move past...
Hi Traders, I am an Elliot Wave trader, I believe we are in a huge expanded flat pattern in the weekly timeframe. Flat patterns consist of 3 waves (ABC) with the last wave appearing as an impulse or a 5-move wave. I have identified the January 2022 to be the beginning of the corrective Wave 2 (a smaller expanded flat pattern in the daily timeframe) I am longing...
Hi traders, The trend is your friend. Be careful with long trades for now as we are still headed to the end of the correction. DXY seems to have broken out of the falling wedge with a double bottom pullback. Coincidentially, wave 3 will seem to end @ 1W 200 MA at around 24500. We may expect a 27-week correction to play out from there before we break the 200 MA...
I will try to share my HTF Bearish Perpective. - Fast Capitualation to 32% Fibonachos! - Consolidate and Restest the bottom of Triangle. - Die again. - Consolidate a little more beside 32% Fibonachos. - Wick of 50% Retracement. After that is Lambos ou Macdonalds. Let Crypto Gods Comand. Noob View. Just try to share a point
BTC 1D resistance is at ~$41200 Enter 50% at the current price and try to set some sell orders near the resistance zone If BTC stays below the trendline, the Take-Profit target would be 5%, 10%, and 15% from your entry Cheers
BTC 1D resistance is at ~$41500 Enter 50% at the current price and try to set some sell orders near the resistance zone If BTC stays below the trendline, the Take-Profit target would be 5%, 10%, and 15% from your entry Cheers