BTC (Bitcoin) / USDT (USD Tether) Perpetual Swap Contract Short Setup OKX:BTCUSDT.P
Rising wedge
+
Double Top
+
Double Rectangle
+
Enter 35453 + Stop 36036
=
2 on 4 Short
Retest Level 30000
Exit 1/2 33033 = RR 1 on 5 = Stop Plus
Exit 1/2 30703 = RR 1 on 10
I am interested in your opinion on this algorithm of actions
deposit 20% of asset
order 20% of...
OKX:BTCUSDT.P Short 1H 4H
Trend breakdown
+
Breakdown of support level 36577
+
Retest of resistance level 36577
=
TP 1/3 35353 = RR 1 to 3
TP 1/3 34743 = RR 1 to 5
SL for High 36893 + when the first TP is reached = Stop Plus
I am interested in your opinion on this algorithm of actions
deposit 20% of asset
order 20% of deposit
leverage ×20
cross margin
take...
Bitcoin has had three pushes up from its previous trading range ending with a failed break of the $37,500 resistance level three times, leading the price below the 30EMA. Per my Weekly Analysis, the $37,500 price area is Bitcoin's Weekly Bull Channel resistance. These data points mean a short is reasonable from the $37,000 price area with a stop just above the pin...
BTC has made contact with the top of the Weekly Bull Channel and has come up against some resistance. In my previous 4HR analysis, I showed the potential for a measured move from the 4HR Bull Channel to the Weekly Bull Channel Resistance, we have reached that price of about $38,000. Where do we go from here?
Key Points
1. Bull Channel means we should always...
Bitcoin sell signals are getting more and more without showing any sign of recovery to the upside.With VIX going up today could be a volatile day for NY market thus BTC could get volatile as well.
SPX made a gap yesterday and went lower.we could see the same thing today if the bearish momentum is strong
Thanks for all the support
Hello, welcome to this BTC monthly update by CRYPTO SANDERS.
CHART ANALYSIS:- Current Market Status
The first fortnight of September has been largely non-eventful, with bitcoin mostly
consolidating below 26,500.
This comes as volatility in the market hovered close to a five-year low in August, with trading volume amongst exchanges falling by...
Bitcoin finally moved yesterday and made a low.if 24.8 gets broken we could see 20K in no time.
We could go higher than 25K which I talked in the video
Thanks for all your support
I pulled the fractal from the 2019 bear market and flipped it. It seems as though we are currently in a macro accumulation phase, where we just formed the Sign of Strength in Phase B by taking out the highs from the Automatic Rally. On a smaller time frame, this entire channel upwards has been a re-distribution forming. You can see a daily bearish divergence...
We dropped 22%, should expect a higher short squeez than 28.1 or break the support and go lower but does it have what it takes to go lower ?
Thanks for watching
BINANCE:BTCUSDT.P
Local 1h timeframe trade
Possible Targets and explanation idea
➡️Btc still in a range 29000-24000
➡️Filled 0.5 lvl Daily imbalance
➡️Pump was almost without volume just based on News about Grayscale
➡️1H fib relevant after signals Sell we got triangles up to accumulate position
➡️Impulse up, correction and rejection at 0.27 zone
➡️Would...
We have strong key support at mother of all moving averages ( calculated average of multiple emas) and closer to Mid range as mapped on chart its near 28300 and minor support at 29k area on the LTF . however the htf as 2d, 3d chart is still not showing any bearish confirmation but early signals of exhaustion.. in case of breakout to either direction we might...
On the 1-day timeframe, a bearish divergence between price and RSI was developing. On the 4-hour chart a range formation was witnessed.
Sentiment remained bullish in the market on the news of refiling of Bitcoin ETF applications from BlackRock and Fidelity.
This could see FOMO from buyers if BTC breaks out past the
31K
area, and a reversal here could gather a...
No one is talking about the M pattern that didn't reach it's target yet.
yes we came very close to it
but this is a Macro Weekly chart. close is not enough to mark the target reached.
In my opinion, we still didn't get real bloody yet.
one last drop to 12-14k is something i genuinely believe in.
The pump that we are seeing
since January is just a retest to the...
Bitcoin exited the Support Trend Line of the Bear Flag while having a EMA Death Cross.A Recipe For Catastraphic Collapse with SPX and NQ1 crash as a cherry on top.
I highly recommend you to watch this video untill the end
Thanks for all your support
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
Bitcoin bounced from $28.2k on Wednesday but the bulls' hopes of a rally might be nipped in the bud.
H2 bearish OB (red box) at $29.3k-$30k was tested in recent hours
The FVG (white box) at the $28.8k region has been filled- and the price climbed slightly higher as well.
The H1 bullish OB at $27.8k is the bearish target
Entry: $29,315 (retest of H2...
From my basic overview of BTCUSDT, each price level is worked out.
As you know friends that my long position was fully closed at the price of 30800 My main selling volume worked. Everything else is shown on the trading chart. I decide to partially close the position (namely, 40% of the position volume at this level), I moved the stop loss to the entry and expect...
