Dear traders, Bulls have repeatedly failed to price push higher, indicating a further drop expected. This also applies to other major CRYPTO PAIRS. Due to strong USD presence in the market.
4h time frame - Bitcoin is approaching the falling trendline which Ethereum already broke out, so we can predict Bitcoin tend to go upside in near future. Also, Bitcoin is creating a potential bearish harmonic pattern_butterfly, which utilize 1.272 Fibonacci Projection to estimate PRZ at 28900~29100. Further, combining our previous analysis of potential Head...
Hi Traders, Investors and Speculators of Charts📈📉 The markets are trading in the red and weak price action on BTC indicates that sellers are dominating the short term, with a nasty Head and Shoulders pattern showing up in the 4h. Shorting Bitcoin can be tempting, especially when prices are actively moving. However, acting on impulse without a plan leads to...
2h time frame - (1)Head and Shoulders On the left chart, Bitcoin made a potential HS as our previous analysis. Currently Bitcoin broke the neckline at 26378 and is going to retest it, if get rejection at 26378 again and broke below 25990, Bitcoin will finish the retest of HS structure, and target is 25270. (2) Falling wedge On the right chart, Bitcoin is creating...
In this part of the chart in the 4-hour time frame, we see one of the most powerful ICT concepts called PO3. POWER OF THREE consists of three parts: Consolidation In this section, we see the price range, which causes the formation of liquidity at the top and bottom of this range Manipulation In this section, we see a fake but strong move out of the...
This is not a financial advice have a sell limit on BTCUSDT aiming for 24811 lows as 1ST objective longer term BTC can go much lower
after taken liquidity of the buyside and change of character and rejection of breaker and consolidation we will see a drop of the price to taken liqudity of the sell side and fill FVG of up trend - Trading is probability control your risk management Good luck !
2h time frame - There are two resistance zones Bitcoin reached recently. 1st at 26650~26850, 2nd at 27450~27800. Standard strong pump should turn the 1st zone into support after breaking up. However, we can see Bitcoin just went down through 26650~26850. This trend implies weak sign on market. Therefore, if Bitcoin takes more time to create a consolidation...
BINANCE:BTCUSDT COINBASE:BTCUSD As we specified in the previous analysis, Bitcoin's movements were limited in the green structure that was specified in the previous analytical idea. For this reason, the price started to fall from the level of 28 thousand dollars and could not stabilize at higher levels. Why? Because at that time there was no catalyst to...
BTCUSDT W1 - The price is trading in the channel - 31830 - 24860. The most likely scenario is that the price may remain in the channel in the near future, and we can expect the price to move to the level of 31830. To determine the exit from the channel and the possible start of continued movement: Long – consolidation and retest of level 31830. Further upward...
12h time frame - According to previous analysis, Bitcoin made a false breakout(or stop hunting) again. This PA usually creates V shape as we see recently, current question is where does this pump reach, I think the top of this pump is the best opportunity to short before next BTC halving in 2024. If we take a step back, there is a potential harmonic...
✅Bitcoin managed to break the Uptrend line a few minutes ago. 🌊According to the theory of Elliott waves , Bitcoin managed to complete a Zigzag correction pattern(ABC/5-3-5) in the areas above the 🔴 Resistance zone($27,000-$26,350) 🔴 and near the 🟣Yearly Pivot Point($26,719))🟣 . 🔔I expect Bitcoin to go Down in the coming hours and at least drop to the 🎯...
3 month liquidity hited. Level 31730. 6 month liquidity hited. Level 31730. these levels also coincide with the fibonacci level. this is the seller's discount zone 0.5% What is interesting is that the monthly high was also taken out, by the previous maximum. There is still a gap below that needs to be covered. Nobody expects such a...
The chart says it all We need to see 21000 and take a long position later
‼️Dumping is not far away from us. This is not alarmist, because it is the general trend. Before making a specific analysis, we need to first understand an event that we should pay attention to in the future:👇 On October 17, the SEC will review 5 BTC spot ETFs again. Regardless of the outcome, the market will experience wild swings, so use necessary risk...
1h time frame - This market got a comparable big dump yesterday, then BTC creates a false-breakout at 25000 such like the scenario occurred on June 23rd. The Price Action increases the possibility about right shoulder pattern, which top is around 28350~29150. We are still under the downtrend on higher time frame, so avoid putting lots margin on long, better to...
if you like the idea, please "Like" it. This is the best "Thanks!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and please yourself and your friends.