📉BTC CONTINUES TO DECLINE 📉 🔰Over the past 24 hours, Bitcoin has shown a decrease of -12% at its peak. Long liquidations amounted to over 1 billion dollars, and it seems like this is not the end yet, so it might be wise to hold off on long positions for now. 💰Based on spot market quotes, I anticipate stop losses being taken out below the $28,400 level and...
can reach 17-14k levels or more downside....all Moving averages going to make death cross.. this can be invalid if price move above 28.5k
BTC/USDT Daily Chart: If you've been keeping up with us, you'll know we said 32k would likely be BTC's peak this year. Now, BTC has broken down and is testing a horizontal support. There might be a slight bounce towards 29k to retest the breakdown level. Overall, I have a bearish view. Please note: This is just an idea, not financial advice. Research before...
hey traders Look at the chart What u think about BTC ? as we expected, Price reachd the target which is ATH now, i can see something in the chart that marubozu candel is not enough for me to take is as a break out, so i expect Bears push the price down to the previous support u can check the potential destanation for bears, also potential support area for...
BINANCE:BTCUSDT.P CRYPTOCAP:BTC moving. Would prefer break and retest of 30k level - but sometimes CRYPTOCAP:BTC doesn't move in sequence. Watch for this being a bearish retest or liquidity grab which you could short. Otherwise you could position for a Long to break 32k and then further targets as per my previous CRYPTOCAP:BTC posts. If you appreciate...
The price did not hold the previous daily support and broke down from there. It did not claim that support quickly and went further in the downward direction. This suggests that the price wants to visit at the next daily support which is marked as DS1 on the chart. This support is sitting around 26266-26500. I believe the price has a better chance to bounce from...
BINANCE:BTCUSDT COINBASE:BTCUSD Hello dear traders Due to the decrease in trading volume in the last few weeks, I'm going to do some weekly Bitcoin analysis. In the next few days, Bitcoin is expected to return to the $31,000 range if it holds above the indicated areas (29600-29800). If the price breaks below the mentioned areas, the price will drop to the...
After BTC fell from the daily high of 31800 Now there is a shock rise The next wave will continue to fall Trend line 29600-29700 first layout a wave of short selling The current price of 29400 is directly short This wave of empty orders is best to deviate from the bottom of the daily line level Below the target of 28500, we are considering doing more
Bitcoin is running on 🔴 resistance zone($29,850-$29,480) 🔴. 🌊According to Elliott's wave theory, Bitcoin is forming a Zigzag Correction(5-3-5/ABC) . 🔔I expect Bitcoin will go Down at least to $29,100 . -------------------------------------------------------------------------------- 🌐➕ Positive News ➕🌐: PayPal Is Rolling Out A Feature To Allow Users Convert...
After taken liqudity of the buyside and change of character we will see a drop of the price to taken liquidity of the sellside we consider FVG of 5min time frame an entry point - Trading is probability control your risk management Good luck!
after taken liqudity of the buyside and change of character and Break of strucrute we will see a drop of the price to fill FVG '' Fare Value Gap '' we consider mitigation block an entry point - Trading is probability control your risk management Good luck!
💡After the correction waves ended, Bitcoin started to go up as I expected✅. 🌊The structure of correction waves was Triple Three Correction(WXYXZ) . 🔔I expect Bitcoin to start falling again from the 🔴 resistance zone($29,850-$29,480) 🔴. 🎯The first target of Bitcoin drop can be the support line. ❗️ Note ❗️: if Bitcoin can break the resistance zone,...
Hi Traders, Investors and Speculators of Charts📈📉 The cryptocurrency market is constantly evolving, and one of the most interesting trends to watch is the rotation of liquidity between BTCUSDT and altcoins. This refers to the movement of capital/cash/dollars between BTC and alts as investors seek out the best opportunities for short term gains. When BTC trades...
Since price has bounced before reaching our entry, it presents a good short trade opportunity towards our long entry area. Our long idea will come into picture after this short trade idea. Lets try this short before taking that proposed long since the opportunity is there. As mentioned the target should be the long entry zone around the LTF support.
Hi everyone👋. I hope you have a great weekend .🥳🥳🥳. Today I want to analyze the structure of the waves during the last 4 days. 🌊The 5 impulsive waves that Bitcoin created were due to the of 🌐 MicroStrategy News🌐 and then started to form corrective waves. 🌊The structure of Bitcoin correction waves is Double Three Correction(WXY) . 🌊Bitcoin seems to have...
After taken liqudity of the buyside and break of structure we will see a drop of the price to taken liquidity of the sellside we consider fFVG and OTE an entry point - Trading is probability control your risk management Good luck !
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...