I write to you with a cautious tone as a significant development is occuring in the Bitcoin market: the dreaded "death cross."
As many of you may already know, the death cross is a technical pattern that occurs when an asset's short-term moving average crosses its long-term moving average. In simpler terms, it signifies a potential shift in market sentiment from...
BTCUSD
US Federal
The Federal Reserve this month stepped up scrutiny of banks' involvement in cryptocurrency assets, in the latest move by US regulators to curb activity in the US crypto industry.
The US Federal Reserve said that it has put in place a program to strengthen oversight of the activities of the banks it supervises, which are engaged in providing...
12h time frame
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Creating a completed top structure like HS can provide more momentum to future dump.
Therefore, Bitcoin has the potential to pump again to make the right shoulder for the big HS.
Top of the potential right structure is around 28500~29500, pay attention to open short if we see this pump in near future.
Also, in order to liquidate as much long...
BTC 1-hour Chart - BINANCE:BTCUSDT COINBASE:BTCUSDT BINANCE:BTCUSDT.P KRAKEN:BTCUSDT
The global targets I previously mentioned are currently being confirmed, and BTC has executed a bearish manipulation towards the 27500 targets.
Locally, after an impulsive downward movement, liquidity was removed, and we observed a rebound.
Subsequently, the market...
Hi Traders, Investors and Speculators of Charts📈📉
Sellers are showing up on lower timeframes and bears have taken control of the price action for the short term.
What seems likely here, judging by the technical indicator, is a rejection of the red RSI at 50 meaning a slow continued downtrend until the RSI rises above 60 in the daily.
From the Green EMA dropping...
Two trade ideas here for this. One short and then the other long. The price is rejected from 4h resistance 4HR1 and currently pulling back. I think the price is heading for hourly support HS1. Once the price reaches there, it is likely to bounce from there providing an entry for long trade.
Fire at will!
Bitcoin broke a short-term consolidation to the upside
Strong resistance ahead from a previous channel breakdown
Current price action is likely a short-squeeze
CME Gap at $28,500
We can short within the target box at $27,800 - $28,500
TP1 at $24,300
TP2 at $23,200
Please ensure risk management and stop-loss (trailing $29,100 , $29,600 ,...
After taken liquidity of the buyside and change of character wa take fvg OF 5 MIN AN ENTRY POINT we will see a drop of the price to taken liquidity of the sellside ( 5 time frame analysis)
- Trading is probability control your risk management
Good luck!
Ethereum (ETH) is drawing attention with a head and shoulders pattern breakdown. This resembles the broader market's trend, raising prospects of a 25-30% crypto sector decline. The head and shoulders pattern signifies a shift toward bearish movement, while its alignment with BTC and total market cap projections strengthens this anticipation. Stay alert for market...
Hi everyone👋(I hope you had a great weekend)🥳.
📚Since the trading volume is generally low on Saturdays and Sundays, we should not expect any strange movement from Bitcoin.
🌊Bitcoin is completing a corrective structure , and as I said in the previous post, I expect Bitcoin to move between $27,000 and $25,000 for a few days.
🔔I expect Bitcoin to fall to ...
12h time frame
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Market's short position is too heavy so far
I think we need a huge pump to liquidate them all, then start the last dump in this bear cycle
If go up to 28000 to create a HS, which target will be aligned with the harmonic pattern(18085~18600)
It'd be the first important price that we can try to buy spot before bull
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Short trading plan
Entry:...
Happy Monday Traders & Investors
As we can see Bitcoin has been ranging within this ascending channel since over a year now.
After the double top formation in the 31k to 32k area, and the break of the previous uptrend that I mentioned in my previous post. (), BTC is making it's way back down to the support of the ascending channel. There are two options as a...
BINANCE:BTCUSDT
COINBASE:BTCUSD
Hello dear traders.
Due to the increase in trading volume in the last candles, I'm going to do some weekly Bitcoin analysis.
In the next few days, Bitcoin is expected to stabilize around the 24K - 26.8K.
If the price breaks below the mentioned area, the price will drop to the level of 24,080 (probably price receive...
BINANCE:BTCUSDT
Hey there dear attendants
It will be a pleasure if you could brace me with your supportive likes & comments if you would have tested my strategies
According to my analysis the downtrend of btc has been started and we should wait for 17000
is not financial advice
Hi everyone👋 (Reading time less than 7 minutes⏰).
First, I have to apologize for the busy chart, but all the lines were really needed.😊🙏
📚As you know, Bitcoin has created an All-Time High(ATH) between both Halvings, and after the confirmation of Bitcoin's ATH, it has started a downward trend . In general, Bitcoin has started an upward trend about 500 days...
📉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...
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...
