Bitcoin managed to form a Bearish 🦀Deep Crab🦀Harmonic Pattern in the resistance zone and PRZ(Price Reversal Zone), while point D of this pattern is formed in TRZ. Also, the break of the upper line of the ascending channel was fake (bull trap). As a result, I expect Bitcoin to fail to break the resistance zone to the upside and start falling. ❗️ Note ❗️: if...
I have a habit of deleting my drawings and re-drawing them every other day to get a fresh perspective on the charts. Personally, it helps me stay disciplined and less biased as re-charting can help show new perspectives I otherwise may miss due to the clutter from the previously drawn lines and indicators. Today, as I redrew, I wanted to make some predictions for...
If we close this month above 23.3K We're going to our next monthly closure resistance at $35K which is also our next 0.382 fib retracement.
Today, we will try to draw up a trading plan for the BTCUSDT pair and the cryptocurrency market in general for the current week. After BTCUSDT hit a new high last week, sellers tried to push the price down. As a result, the price dropped quite sharply from $25250 to $23350. The weekend has passed, and it looks like buyers are not planning to give up. It is...
Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- The reason why I explain the USDT, USDC, BTC.D, USDT.D chart first is that it is judged that the price change of coins (tokens) can be predicted to some extent if the overall money flow of the...
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The predictable movement of Bitcoin for the current week is based on this Bitcoin is moving towards 32500, in this movement, the first stopping point is the range of 28000. Then correction to the range of 22130 and then continue to move towards 32500. After reaching the range of 32500 in the next 5 weeks, we will have the price fall again towards the range of 16000
today i operned short position because btc also hit high of the Chanel so i am expecting new low again .. Bearish weekend ahead
Same as BTC, hitting an important resistance. A close above 44.75% will be good for BTC. While Alt/Btc pairs are likely to suffer If Dominance breaks out. So be careful, BTC needs to break above $25k for the uptrend to continue., Let me know what you think. DO hit the like button if you like it and share your views in the comment section. Thank you. #PEACE
Bitcoin was bullish today, but I don't think it will continue this trend; one of the most important reasons for me is the wave structures, which I don't mention in this post. Another reason is the possibility of forming a Bump-and-Run Reversal Top Pattern. The Bump-and-Run Reversal Top Pattern forms when, after a gentle upward trend, a more aggressive one...
Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- The reason why I explain the USDT, USDC, BTC.D, USDT.D chart first is that it is judged that the price change of coins (tokens) can be predicted to some extent if the overall money flow of the...
I'm seeing accumulation while price is trending sideways/a bit down. Probably there will be a quick scam wick downside and then a fast bounce upwards over the coming days. We should not close below 22k otherwise
BTCUSDT 1DAY TF Bearish Divergence vs Rsi Pattern Rising Wedge Bias Short: Levels 25200-24800-24600 SL 25800 TP: 23100-22800-21500
BTC 4H support is now at ~$22700-23300 Enter 50% at the current price and try to set some BUY orders near the support zone If BTC stays above the trendline, the Take-Profit target would be 5%, 10%, and 15% from your entry Cheers
Hello friends. Looking at the Bitcoin chart, we can see that in an upward trend to reach its monthly base target for its liquidity, it seems that the market giants made this quick move to sell their coins to retailers again. My expectation is path one to $28,600 and I consider it more likely than path two. The target was 2:32,000 thousand, but after that, the...
It may be possible for Bitcoin. It can be expected that the 25.2k region will also be taken. When I look at the global stock markets from here, I think that DXY, which I expect to rise to the 117 region, can bring new bottoms. Why not?
Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- The reason why I explain the USDT, USDC, BTC.D, USDT.D chart first is that it is judged that the price change of coins (tokens) can be predicted to some extent if the overall money flow of the...
Difficult to do this without COT data. should have waited for a few hours if the Cot data is released or not. but for now, big people say it is going down. doesn't make sense for TA. how often does trading make sense? Well, it's like puppets playing for the strings. no data released since late Jan due cyber attack.