ADA impressively scaling above the rest of the pack
Hello, dear friends BTCUSDT Short Time! If you like such format of my quick analyzes, support idea with like. I'll try to find more opportunities for making 💰 Always in touch with you🧡 Sincerely Your DrDonIQ
on a good long position only after going out for $9500. Pattern head and shoulders will be in the game, too. Exit over the base of the right shoulder, can be turned into a shorts position. Before to trade my ideas make your own analysis. Push ❤️ if you think this is a useful idea! Thanks for your support!
Bitcoin is a a pivotal price point at the moment if we break down out of the trend we could see a sustained downward trend heading out to September time. On the other hand if we bounce off the bottom trend line here we could quite easy head off to the 12k+ range in a very short time. Below are the 2 scenarios that we are watching for it should become very clear...
definitely thinking down a bit here... where too is the question. 2 levels i think... first i think it might plow down through it at, around 9k. although it already took a fairly nice bounce lower, the indis i have for the strat are definitely starting to show some signs of bearish moves coming second is back down to around 8-8.2k, which, i personally see as being...
so after a nice run up here, the algo that i use is pointing to some strong resisitance at the 10.5k marker. With the usual behaviour and sentiment around 10k of dumb money movement, we can expect (as per usual) some potential manipulations, with lower time frames showing a few almost significant pump and dumps too.. Long vs Short positions still lie in favour or...
I wanted to share a chart of CME volumes. As you can see, the maximum volume for the whole growth from $4000 to $10500 goes into the $9800 zone. In my opinion, this is a call to the fact that we are in the last part of the distribution, as big players will not enter the maximum volumes in the middle of the trend. So somebody scored a good shorts for Halving....
BTC is choppy choppy Probably a retest of the 9.8k is likely to happen
Been charting for the last few days, big sell inbound.. strap in.
Simple charts sometimes are the best charts..
Greetings, colleagues! Two charts above dropped to understand that the situation looks pretty strong on the monthly and weekly TF now. Therefore, taking into account the continuing USDT print, there is no reason to panic at all. The whole beauty of the USDT seal is that you can not let them on the notorious paper futures, the trading volume of which is...
8750 is going to be the level to hold, with monthly support here, if we can hold this for the close of weekly tonight, things could be looking good! Next level of support is around 8200, for weekly support. either way if we can remain above these two levels, i will remain bullish in the long term. That doesnt mean to say a break below 8200 will be "bad" for...