It seems that we completed a full 5 wave cycle and now its time for a deep correction wave possible to reach 20K again. Very low 24hr volume is another reason for this matter. After green line brakes down, you can open a short position and enjoy the fall.
well as we can see in the chart, after a Spike and a bullish channel, now that was the time for a long time trading range (due to the 15m time frame) between (28600_26700). and now we can say BTSUSD is moving in a bearish channel in the trading range.
BTC is holding support on the daily, as long as it holds crypto markets should be up from here. Im Longing and Buying calls here, invalidation is clear. If we do breakdown and show resistance at this support then that would be a sell signal
Possible Head and Shoulders pattern for BTCUSDT Will have to wait and see if we close below the neckline.
#Bitcoin :- 74 Weekly candles traded above $28k and then 39 below it. This is an essential level from the macro perspective. Considering the above data Once BTC breaks above this range and enters the $32k+ mark (Expect corrections on the way). A new Price rally will begin in Bitcoin, and Alts will follow later. BTC is moving sideways; all we can do is wait for...
BYBIT:BTCUSDT.P 4hr time frame - Bitcoin is consolidating as a symmetrical triangle and approaching to the end. It will make continuation no matter break upside or downside. I personally tend to see it break below this triangle, and do not miss the good opportunity.
All the possibilites for going short (for intradat traders) and to take long have been guided in the video. You can trade on your own risk. Happy Trading.
The current pattern looks a lot like the pattern before BTC crashed into oblivion last time. This is pure speculation and hope this doesn't happen. This would send altcoins to hades for sure...
The "three soldiers candlestick pattern" gives me an aiding confirmation bias to a reversal of trend. Now if the price of BTC stays below $28,360; short positions should be considered. Risk management should be applied
(FYI MY POSITIONS ARE AT $23.9K) If I miss it I miss it, oh well Positions Potential positions; $18.2k & $23.9k 18.2k broke a few weekly candles, this isn't good at all but with a good position everything will be fine right? well we will see If we get into a position at 23.9k and the weekly stays under 18.2k I can promise we can make profit but if it...
BTC vs USD is in a bearish reversal zone. Harmonics pattern is providing strong validity of bearish reversal pattern.
It is my way of trade not a financial advice. Perform your trades according to proper money management.
BYBIT:BTCUSDT.P 1h time frame - Bitcoin is getting from the range high again. My recommended short zone is 28.5~28.8k, and target at 26.6k Try this low risk and high return trading!
BYBIT:BTCUSDT.P 1h time frame - Bitcoin pumps aggressively but has low volume. It's a bearish signal, so tend to see it breaks below this box in near future.
BTCUSD sell setup its risky one if drop from this supply then BTCUSD touch at price 22578 is that a good area of Rally base Rally A demand area hit And pulback in Long term Bullish Move Hopefully its working
Bitcoin - 24h expiry - We look to Sell a break of 26448 (stop at 27458) Price action looks to be forming a top. Short term MACD has turned negative. A break of the recent low at 26473 should result in a further move lower. Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. The bias is to break to the...
BTC last correction is ending, next is heading to negative value As we can see, comparing to oil chart during the covid crash, when in extreme market conditions, too much "dumb money" on same side, sharks take use of that to make big money while all the dumb money bets on the same side. 100k+ calls are a good example of the dumb money here in this market...