BTC UPDATE!!Nothing changed for BTC yet. After the deviation above the $31.4k level price came back again in the consolidation range.
Upside liquidity was taken, now expecting the price to go below the $29.5k level in order to gather the liquidity from opened LONG positions and then fly upwards with the $31,000 confident breakout.
$28k- FWB:29K is a good zone to go long with a tight invalidation. If we lose the $28k support then we might see another dump up to the $24k- FWB:25K area.
This is my simple plan. Share yours in the comment section.
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Deviation
BTC Looking for deviation.BTC has traded into local range highs. On higher timeframes BTC is sitting around 12 and 21 weekly ma's. On lower timeframes it has already broken below these. Expecting price to deviate/reject on daily timeframe above local range high here and then revisit the range lows.
Looking for entry at an underside retest of 27460 and will look for first a T.p at 26600 and second t.p at 25900...
alternatively of price retests this range high and stays/reclaims above, then i will look for long positions towards 29k
Wait for a deviation play #BTCHi everyone!
I did the high time frame analysis on BTC (same as ETH).
I think we have not seen the bottom yet.
Why?
It is widely accepted that previous ATH was the range high...but I'm not convinced.
Look at the chart:
1) I have highlighted in red the backtest that triggered the selloff
2) I have highlighted in green the backtest that triggered the upmove
Important level and BTC not even touched...a coincidence?
Located just below the current range, with a large amount of potential liquidity.
What do you think if we break below the current range? Everybody will open a short to 10k ("same as the previous 6k level").
Perfect setup for a bear market rally.
Of course, it can go straight to 33-38k but I tend to be cautios in these type of market and look for max pain.
Let's see!
Ethereum deviation? #ETHHi Everyone!
"simplicity is the ultimate sophistication"
Looks like a weekly deviaton at previous ATH...and a retest with a high volume up momentum so far.
-High volume at the lows - "you need volume to stop the falling" (Technical and Stock Market Analysis Profits - by Richard W. Schabacker)
-RSI downtrend broke, 2 rounded bottom retest
My target is 2500-3000.
Only concern is BTC:
Let's see!
ETH/USDT : Two ways to take Short on Ethereum BINANCE:ETHUSDT
Hello everyone 😃
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!
$ETH has deviated above $1919 and now there's a chance for bears to locate their Short with trigger scenarios :
- Pullback scenario: If $ETH went above $1919 for another deviation, Then you can locate your Short after it gets the closings below $1919,
Ideally, it's better to wait for secondary confirmation below the formed local low after the rejection below $1919.
- Rejection scenario: If $ETH went below $1818 straight from here, Then you can locate your Short after it gets the closings below $1800.
For both scenarios, we'll use the current higher high as an invalidation point and both Shorts have the same final target!
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@Helical_Trades
Deviation? what deviation?!I saw a lot of short setups today and their reason was that $BTC deviated from the range high.
Hmm, no it hasn't! and in fact, the market structure in the high time frame hasn't shifted yet.
BUT, it is true that this is the last place for Bitcoin to defend before entering the bear territory!
Let me break it down for you:
This is what we are dealing with above the range high.
I like how the mid-range is aligned with the weekly open!
that's the first short I would take if we sweep that level and reject immediately.
The deviation is valid only if we break and close below the dotted line! after that, you are welcome to short $BTC to the ground.
the logical target for this scenario is the range low.
But again, for now we have no confirmation of a trend reversal. stay safe and try not to trade on Monday!
make sure to hit the boost button so more people find this post xoxo
BITCOIN BULL TRAP?????This is what I see happening for BTC at the moment. Retrace back to 42-38k, accumulate and then ATH. Either way, I just need it as an indicator to get into ALTS. Be careful out there.
Consider a Donation:
BTC: 0x03794f2ae7a97f2e308cb0d46fde8d1728e4b694 (BEP20)
159F3K5sZYnAQC4qt929jkkXKfSgNmukbq (BTC)
ETH: 0x03794f2ae7a97f2e308cb0d46fde8d1728e4b694 (BEP20)
0x03794f2ae7a97f2e308cb0d46fde8d1728e4b694 (ERC20)
LTC: 0x03794f2ae7a97f2e308cb0d46fde8d1728e4b694 (BEP20)
LdH9QfYsPYcjm5hAXfDQrS9Pmmr9QHu8Py (LTC)
USDT: 0x03794f2ae7a97f2e308cb0d46fde8d1728e4b694 (BEP20)
0x03794f2ae7a97f2e308cb0d46fde8d1728e4b694 (ERC20)
TH6nuZUjRakTV7bA25Uk8AVZe5pLSSxMix (TRC20)
bnb136ns6lfw4zs5hg4n85vdthaad7hq5m4gtkgf23 (BEP2) -> MEMO: 106029441
I honestly appreciate all donations. Im really down bad. My first year and lost 90% of my capital. starting balance was $1000. learnt about leverage a month ago and got greedy with it. was going to use litecoin to make it all back but price didnt meet my entry now im stranded. The learning process has been gruesome but I've learnt the hard way. just need to figure out how to tell my mom i lost all her money. Panicking, dont normally do stuff like this but i dont know anyone so i resort to this. THANK YOU IN ADVANCE. Worth a shot.😥
BTC/USD Potential inverse Head and ShouldersWe could be seeing an inverse head and shoulders
forming on BTC/USD Low Time Frames.
It looks as though the MA50 is beginning to curl
upwards headed toward the MA100. Crossing that
then headed for the LTF golden cross as well would
give more indication that we are headed for
more bullish continuation.
Firstly however, we need to keep a close eye on
~$55,900...
deviation below that is fine but a clear 1D close below
and we should take our bull goggles off until the lockdown
rumors settle down or play out.
Until then, an iH&S target would put us at ~$65,900
Rising wedge (BTC) fake out, sweep highs/deviation, lower low Hello traders,
I've noticed similar PA now & $52,000 before the last big correction.
One thing I’ve noticed about rising wedge’s is often times they’ll break down but get bought up quickly then sweep the highs with clear deviation.
Please like/comment.
👍
Deviation of the highs (BTC) rising wedge confluence Hello traders,
I'm going to stop using leverage all together maxing out at 2x.
I'll keep 90% of my portfolio in cold storage (USDT) & trade with only 10% on my margin account. (cross 2x)
New rule: I'm only aloud to take a position once there's clear deviation, either at the lows or highs.
Don't use leverage at home kids.
👍
BA may deviate form trend as it has done in the pastBA looking to leave March lows uptrend temporarily much like it has in the past (as you can see in chart provided).
Any dips should put buyers in a good position to rocket to $300+. I have been watching BA since $140. Potential supports are at the $180/200 level. 210 (closing price), 205, 200, 190, 180 are other support levels.
Cup and handle as well.
Vaccines should take care of delta variants.
None of this is financial advice. Do not take any of this as financial advice. This is for entertainment and personal case study purposes only. This is not financial advice.






















