Hi All, First ever idea, been trading crypto BADLY! since late 2017 and always visited here but never made an idea so here it is. Reasoning - I think we will see a bottom just like the July 2015 bottom where the price has broken the 20 SMA but is rejected by the 144 EMA on the weekly chart. Which could mean a revisit to either the low of 15.5k for a double...
If Bitcoin retests the 20k-21k region, I can expect a rise in this way according to the new power signal. The arrival of the daily close above 21.5k made me change my mind in direction. However, I am still cautious and waiting for the retest zone.
If today's candle closes green, I plan to enter a long for at least a $300 move. That's my idea. Be blessed!
Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (USDT 1D chart) (USDC 1D chart) We need to see if the gap rise of USDT and USDC can continue to occur. (BTC.D 1D chart) I need to see if it can be maintained on 40.44 or higher. (USDT.D...
We saw the demand from the pink area again but the area is nearly empty now and its ready to break. next time the price reaches the pink area, its possible to dump to the orange area below.
So btc finally showed us the X wave Just Sharing... Macro look: weeks to show us the X wave, as I see it, right now we are on the Y wave, this wave might take same time than the W wave (7 months-ich) or even longer the nature of a wxy correction is complex, W wave was an easy ABC correction, X wave was a little more complex, Then the Y wave is the complex one,...
Most likely one is the red scenario where we hit 14k if we don't get any positive news. After that is the yellow scenario where the price consalitates between given lines Least likely is the green one where we hit back to 21k mark.
#BTC UPDATE : In 1D TF ascending broadening wedge upper line rejected couple of times today i add all support lines as we already discussed earlier in Upper Updates 1) rising wedge scenario : we have to break from this wedge because we know support from rising wedge still around 23600 area and even if this is going to be broken then next important support is 2)...
+--------------+-----------------+ | Pair | BTCUSDT | +--------------+-----------------+ | Direction | Long | +--------------+-----------------+ | Entry | 22590.1-22663.1 | +--------------+-----------------+ | TP 1 | 22783.5 ...
Btc form W pattern on Daily tf lets complete the we will wait for fed news
Subscribe to my TradingView profile #Thoughts Few fell out of the rhythm, a trip to Malaysia. But, now it's not about that... You may have heard about the company ProShares, it is an issuer of exchange-traded funds. They have $62 billion in management. So, when the whole market was flying To the moon and bitcoin was on ATH ($63,000): ◾️ProShares added a spot BTC...
Target: 24,000 Stop Loss: 30,670 Important: Do Proper Risk Management
By choosing a 4hr time frame , I notice a downtrend as on the chart with candle closing at the value of ( C 42140.0) on 21st/APR/2022 at 1500hrs (utc+3 Riyadh). This trend is reversed as explained below; * The price range percentages indicated from the support level (purple colored rectangle)express the price movement of the higher lows down the trend. ...
*SMT = Smart Money Theory = everything you think that is not retail related to trading. First, SMT does not believe that triangles, wedges, trendlines, channels, harmonics, etc. has any effect on how price reacts. I'm Sorry but you won't convince me that Bitcoin knows it has created a triangle and that it knows how to react from that? It does and will remembers...
I would be cautious about shorting here. ML support, parallel Line support.. looking forward to see the reaction. If goes up then expecting 50k to happen very soon. If down 42k around the baseline of the ichimoku cloud. NFA
Hi traders, a little quick trade on btc for you. :-) Idea is to long btc from current price and start taking profit from 49000 and above. See picture for more details. Hope you will be on the winning side. ,-> PZ x) <3
Just an OPINION if it is useful PLEASE LIKE and FOLLOW. Hello traders: What we see: 1. Huge candle in the 4hr chart with big body and no tails. Some people here agree that the price is fair and a good buying area. This can be interpreted as decisiveness (blue elliptical). 2. Accumulation Distribution is above it's EMA13. Buy the dip? Sure many people bought...