Here is my view for BTCUSD on H1. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
🔸A bearish divergence marked in 1d chart
🔸A corrective wave will most likely occur before reaching the 32k level
🔸If Bitcoin does not reverse from the first reversal zone it will mostly reverse from the second zone
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This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
finex shorts at a fairly key resistance but the longs arent down much at all, showing signs of reversal here up 1000% from the top and 500% from the march highs 200% on this recent down move..
longs only down around 7% though from the crazy increase in longs earlier this year
could be first sign of reeversal or we break out here i suppose
up 1000% from the top is...
I believe I've explained everything on this chart, but here's what I think is happening:
BTC is about to drop even more. First supports are ~41k. Then we may fall to sub 40, then 30-28, and the bottom I can't believe may be even below 20k. BTC after every new ATH fell over 80%. That would be ~14k...
You may want to get away now. Just be warned. Death cross is...
Short sweet and simple, classic textbook rising wedge on BTCUSD also meeting area of recent supply/resistance.
Enter 21582.72
Take profit: 19853.63 at swing low and approx size of opening of wedge:
Stop Loss: 21838.51 Set above supply zone
R/R 1:6
IMO market manipulation is part of trading, but only big players are able to perform such operations.
I observed one of those last year and reported here
If you look at btcusdlongs you can see currently there is an unprecedented desire for btcusd longs in Bitfinex, this extra ordinary longs at this level of btc price imply that there are many whales betting on...
4h;
bearish trend line
bellow the emas
waiting for the break of the structure and s/r zone with a momentum candle
1h;
price action a bearish engulfing candle bellow the 14/5ema and below the 200
SL; above the ema's
tp; next s/r
I have been viewing the last weeks (since the Jan low) as a reversal pattern, with higher highs and higher lows on a weekly and daily time frames. We are currently trading under significant multiday averages (20, 50, 100), and bounced off the 38200 level.
The current channel looks like a giant bear flag. We might break down further from here towards 36k and then...
I will not explain what and why, how this graph is built. Whoever needs it will do it themselves. It's a little part of the other TA world that you don't want to see because the only thing you're doing is reading books to guide the mindset of the crowd. I give you the opportunity to look at everything from a different angle. Believe me, this is 1/100 of what you...
Let's start with the fact that high at 69 was shown to us for a reason, it's a mirror image. I gave many examples of this in my telegram channel and trading ideas.
Pay attention to the fractality, then we touched the level of 0.618, left a shadow below, and went up. This time, exact specularity left a shadow at the top and went down from the level of 0.618
We do not fall in love with any type of asset. We are here to make money. AND TAKE PROFIT WITH ABSOLUTELY NO EMOTIONS!
10% of the earnings will go to Charity found
Two very very important support don't miss this buying opportunity
Support:
40k: 20% buying
37k
32k
target:
48k
50k
55k
69k
100k
take a great view on this idea and don't forgot the like and also...
Hi i try to keep it simple,
By looking at the volume and price plus macd you can realize the price doesn't have enough power to break the resistance line
