In Monday a lot of retailers opened Short positions and got rekt at 30K$. And also they tried to open Long position at 30k but this time also they get rekt by market makers. Now cuurent price is also acting like that. Here is my point of view 29200 is key level if break it and creats HH then trend will be shifted to upward side. And if gets rejection from that...
We've now put in a key higher high, after a sweep of the previous week low and monthly low. Eyes on people!
Hi everyone👋 (Reading time less than 5 minutes⏰) . Bitcoin has been moving in a Rectangle Pattern for over 25 days ⏰. 📚 Rectangular Pattern : The rectangle is a classical technical analysis pattern described by horizontal lines showing significant support and resistance. It can be successfully traded by buying at support and selling at resistance or by...
Hi everyone👋. Bitcoin was moving in the Range zone for about a month and formed a Rectangle pattern . But yesterday, Bitcoin managed to break the lower line of the rectangle pattern, as I expected in previous posts✅. In terms of the structure of Elliott waves , Bitcoin is in the phase of corrective waves , and it seems that Bitcoin is pulling back to the 🟢...
Bitcoin finally managed to break the 🟢 support zone($29,140-$29,000) 🟢 a few hours ago. 🔔I expect Bitcoin to continue its downtrend in the coming hours and at least fall to the next🟢 support zone($28,450-$28,080) 🟢. -------------------------------------------------------------------------------- 🌐➕ Positive News ➕🌐: Binance Wins Operational License in...
My bias was to the downside. However, the chart says otherwise. If the 29.5K level holds, I expect continuation to the upside.
Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (DXY chart) It is subject to a period of volatility until August 2nd. Therefore, it is necessary to check whether it can decline after receiving resistance around 102.034 during this...
📉 Unleashing the Power of Bearishness! 🐻📉 📊 BTCUSDT Perpetual Update 📊 📉 Attention traders, we have a strong bearish signal in the BTCUSDT Perpetual pair! 📉 The historical technical analysis indicates a significant downward trend. 💹 Be cautious and alert as the bears dominate the scene with their historical advantage. 🐾 📉 Prepare yourself for potential market...
Week's Bias: Bearish to 1W OB/FVG Day's Bias Bearish Additional Confluence: London AM Session High not yet taken and right above it is the AR50% with FVG. HTF Order Flow is still Bearish. HTF Liquidity target is Discount Price Array. Waiting for 10am PMI news.
Btcusdt If you are following us, we predicted that 32k is top for btc this year and btc is moving as we expected On latest analysis I am still expecting price to drop towards 24k There is a another (3rd) breakdown on 4h time-frame Formed bearish channel on daily time-frame Btc is going to face very tough time Note : This is just an idea, do your own...
Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (BTCUSDT chart) (1W chart) The key is whether it can rise with support around 29003.87, the HA-High indicator point on the 1W chart. If not, you should check if it has support around...
Hi everyone👋( I hope you had a great weekend ). As you know, trading volume is low on Saturdays and Sundays (generally). After breaking the 🟢 support zone($29,850-$29,480) 🟢, Bitcoin has started to form a Symmetrical Triangle Pattern this weekend. 📚The Symmetrical Triangle , which can also be referred to as a coil, usually forms during a trend as a ...
Bitcoin is in a head and shoulders pattern on the daily. If BTC breaks below the yellow 200 or the blue trend line, going down? Please leave your thoughts.
Hi everyone👋 (Reading time less than 5 minutes⏰) . Today I want to show you the 🎯 target 🎯 of Bitcoin for the next 5 months using the 6-month Bitcoin candles. ⚖️Bitcoin has created 6-month candles in the last 7 years, and if we look closely at these candles, we can see similar movements in them.⚖️ ⚖️I divided the 6-month candles into 5 similar...
Hello Friends If you read my previous TV ideas, you know that my primary bias is bearish. Nonetheless, I think it is wise to open a hedge long position at the 28.5K level. I expect Bitcoin to react positively to this level for the following reasons: 1. 28.5K is a long-standing support/resistance level. 2. The 100 D EMA is at 28,460 USDT. 3. Support at the upward...
Bitcoin has managed to form a Descending Channel after breaking the 🟢 support zone($29,850-$29,480) 🟢. Over the past two days, Bitcoin has been completing a pullback to the broken 🟢support zone($29,850-$29,480)🟢. Bitcoin is currently near the upper line of the descending channel . 🔔I expect Bitcoin to continue its downward trend in the next few hours . ...
Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (DXY chart) After the volatility period around the 1st of August, it will be a question of whether it can find resistance around 102.034 and decline. (USDT chart) (USDC...
The price is currently at 4h support 4HS1. The drop from daily support (not marked on the chart but was close to area where now daily resistance DR1 is marked) was not that significant and found support around the consolidation zone during the upward move in June. It is likely to bounce here towards daily resistance DR1. Therefore, a long trade is favorable here.