#BTC :- LTF shows a possibility of some corrections starting this week. Alts will follow. Be careful if you have been profitable in the last 5 weeks. IMHO, It's time to keep some profits aside and play carefully. This is a short-term view and if gone right it can suck all gains made in the last few weeks if you are on leverage. Please be careful and use Stop...
Possible scenario for BTC. Need to keep that in mind and add to short on top to make even greater gains
Hey everyone.. just noticed the price is making higher high while RSI is making lower low.. therefore, there is high possibility of bearish divergences. At same time the dxy ended bullish this week... so bitcoin correction can start soon. Good luck..
I've been bearish on Bitcoin since 22500USD. Now that the price is breaking through structure, I'm convinced that Bitcoin has reached its local high. Why is the top in? The price went up for 34 days, which on average is half of a whole Bitcoin daily cycle. If we're lucky, the top will fall in the right half of the cycle, but this is too early to tell. We must...
Next 1h candle (UTC 01:00- 02:00) has a higher probability to be a red candle.
Bitcoin is at key level rn. Don't fall for this trap.
i think this is a good one even if at higher timeframes we haven't any confirmation note : trigger the po should be fast not too late not too far
This current 1h candle (UTC 13:00 - 14:00) has a higher probability of being a red one.
BTC update... Bitcoin hit Fibonacci 0,5 perfectly... No clean trade signals yet, but we are almost there... While everyone thinks were going to 25k, manipulation can take place with an early pullback... Trading plan is ready, waiting for these setups🐨
The bullish trend seems to hold for now and the sentiment is really shifting. Majority feels like the bottom is in for BTC. I personally have a hard time believing this. I mean if you look at the bigger picture: - another .25% rate hike; - Rate hikes will continue for all of 2023 despite being smaller; - No rate cuts all of 2023; - inflation just 'less high' but...
This looks really bad now. I thought that we would enter a Wyckoff Accumulation pattern, but Bitcoin's continued weakness let's me fear for a worst-case scenario. There is still time and we could get lucky for a Wyckoff pattern, but should BTC really go lower, it is likely that we would visit the 12k area. Many people would then think: Awesome, cheap coins !...
Evening all! You know the drill by now! Let's have a chat, BTC is a loose canon but we can get on the right side! Leave us your thoughts below!
Sidelines for days and months of another down-trend to dip Spring on Phase C.
After several days of consecutive growth of Bitcoin Finally, sellers entered the market in this area and push the price down The downward divergence of the price in the 4H and 1D Time frame finally showed its effect
So as mentioned, the probability that the price tests the mid or low of the range was higher. And now the price broke through the middle of the range and it is highly probable that it will test the low of the range at 22450. That is a demand zone where we expect a bounce.
BEarish Divergence spotted at 1d time frame in RSI indicator If this materalizes then it means a bear drop to the next support level Bias : Short Entry @ 23253 TP 1 @ 21602 SL @ 24500
I think 24300 is an attractive bearish zone. Observe how the median line, connecting the 50 percent average of the beginning and end of the pattern, reacted to the price movement.
I was looking to the chart and so I thought that btc was doing a movement like wyckoff accumulation phase, but just starting the movement, I think it might go to the range between 8k - 14k dollars. Therefore it would make a spring movement in the daily chart or week chart.