Bitcoin has historically shown an 85% drawn down from ATH's.
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BEARISH / Short
- Currently @ $17k, BTC will drawn down another 40% to meet $10k BTC.
- Has NOT met the full 85 % draw down
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BULLISH / Long
Buy orders are in for a $10.2k BTC price.
- need to see the full 85% draw down
- V Bottom...
💲Bitcoin time to break out
💲The post is a continuation of my thoughts on Bitcoin, this time in a closer perspective.
💲In my opinion we have made the bottom of the current bull market all due to the change in trend on the dollar and the major indices for an elaboration on the topic I refer you to the post above.
💲In my analysis I made use of several technical...
Hey trader, I hope you're having a profitable week and ready for NFP!
As you can see, the price is bullish running in the double bottoms L2 and above the bullish crossed short-term MA's. It is preparing to rally for the patterns L3 and 200 MA (that is not visible here but on my MT4 chart). We'll get the confirmation once the price has bullishly closed and...
Trading Setup:
A Trading Signal is seen in the SHIBUSDT SHIBA INU.
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 0.00001193
⭕️SL @ 0.00001113
🔵TP1 @ 0.00001481
🔵TP2 @ 0.00001675
🔵TP3 @ 0.00001946
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
If...
Good example of a bump-and-run reversal. Prices move up along the
trend line in the lead-in phase, jump up during the bump phase,in this example with a second bump maybe, then crash down
through the trend line during the downhill run. could be new rallye starting for crypto
ETH: Another Buy Opportunity😁
Today the DXY looks very strong this strength is favoring the USD dollar against
all the other currencies and cryptocurrencies as well.
We could see any price correction during the weekend by offering us another
buying opportunity:)
Considering that the actual situation on the Crypto market is calm and
it is developing in normal...
For your consideration. I created this chart on 01/2021 and have been updating it daly/weekly.
I calculate the BTC price range and measure it's width.
I then apply the measured BTC price range above and below the current BTC price range.
As you can see by the chart, it does a good job of determining what price range BTC will be trading in once it breaks...
HELLO GUYS THIS MY IDEA 💡ABOUT BTC is nice to see strong volume area....
Where is lot of contract accumulated..
I thing that the Seller from this area will be defend this SHORT position..
and when the price come back to this area, strong SELLER will be push down the market again..
DOWNTREND + Support from the past + Strong volume area is my mainly reason for...
this chart is notably worse than all other crypto charts. god damn, is this an infinite free supply?
seems like it could double or triple on a 1D candle soon, tap somewhere around 00995 - 0145
this week for cryto market is good and btc will bounce from support of 19k$ and target is 21.6k$
but after 24th oct we can see huge crash in market just like dot come bubble and great financial crisis
ERN have some possibilities for scalp trading and day trading depending on new price action: also the algorithms shows interesting effect.
It seems interesting, but same time this coin should be trading with high risk management and SL.
This coin is 100% SPOT also.
Its already increased also top, so there is no reason to risk high.
its only interesting to follow...
BTC is near an escape from the downward channel with the highest slope. After that, the trend will develop into new patterns. It is likely to keep fluctuating based on the current data.
$19882.81 is still a battleground, the price will oscillate around it, concentrating between $19156.16-$19882.81. (breaking down $19156.16 will it drop to $18470.35; breaking up...
Litecoin
Intraday - We look to Buy at 52.05 (stop at 50.98)
The trend of higher lows is located at 52.00. A lower correction is expected. Dips continue to attract buyers. We look to buy dips.
Our profit targets will be 54.98 and 55.88
Resistance: 55.50 / 57.50 / 59.00
Support: 54.50 / 53.50 / 52.00
Please be advised that the information presented on...
Accumulation zone(Triangle Formation) on Bitcoin. Most of the time it breaks out negative so there can be a dump.
Important Fibonacci Levels:
-16.300
-18.700
-19.500
-20.200
-20.650
-21.100
-21.700
-22.600
Hello my Fellow TraderZ,
After June lows, $CAKE has been ranging inside an ASCENDING TRIANGLE on Daily Time Frame and continously maintaining the Higher Lows.
Previous Daily candle closing was Pin Bar pattern with decent Volume. Now the price is trying to attempt the Breakout of the Triangle, all we need is greater Volume bars than previous one. Hence this...
