Short from: 37626.95 SL: 38991 Target: 32932 Expecting to go low after but I will see how it reacts to that price first
Looking to see if this has a continuation or are we topped for this move.
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Here's a quick look at the BTC Daily chart . As we can see, the price has been continuing its downtrend within the bigger falling wedge for some time now. The price is currently at the top of the falling wedge, and a rejection here will lead to further downside. The price needs to break above the falling wedge in order to build some bullish momentum. If the 40k...
as we see BTC forming HNS on daily chart. its time for the bear take over? After the support on 40k broke last week, retest on 44.5k and cant go higher than it. I like to see 20k if this pattern works. But, any daily candle closing higher than 53k make this setup fail.
Today we will consider a small overview of Bitcoin. The first thing that looks in the eyes is a narrow trading range (marked with gray rectangles) And we also left all the levels that we had designated before this time. If we briefly describe the situation, we expect the demolition of stop loss long positions and a quick recovery to the level of 45500-46800 Why...
As I said, January is the time for selling. Based on my analysis we'll have 80-83% corrections in 2022. Sell your bitcoins, and buy again in december. My current trade is SELL. SL: 54k, TP: 11.5k. Keep your risk management. (2%) Patience is the KEY. We'll buy again in december for selling up to 2026. Happy new year for everyone (late, but... hahaha).
Bear Trend Continues in BTCUSDT , Touched 0.38 Fib Level , Failed to Cross 0.38 Fib-Level . Next Support is 40k , 35k, 30k and 28.8k .
It is possible for polkadot to visit 18 and/or 14 if the Bullish Crab Pattern worked well. I hope you good luck in your trading.
Entry: 47000 SL: 47670 TP: 4400 expecting btc to drop a fair amount before a large buy
BTCUSD has been on a bias being SHORT .........despite the recent highs and lows and fluctuations due to high volatility index news the pair has been unstable for quite some time now .........as my idea reflects BTC on a BREAK AND RETEST of bullish trend broken ,supply turned to resistance so .......my insight is that a short from current price now should be the...
It it is what it is kids. Very clear HS pattern with no real buyers bringing price up at the moment. Fair chance would could trade sideways but here is a heads up on a $42k retest
Last night (12/10/21) CPI data came out reporting a 6.8% increase. This is exactly what I had predicted as I've mentioned multiple times prior on other platforms. However, I am here to say that it is FAKE! In a couple of months the true CPI data of today will "unexpectly" show up. Markets will freak out and you will end up becoming a bag holder like 90% of retail...
Btc will be selling this week . Christmas will be a good time to buy more btc.
Long story short: Trendline broken->Bearish. Falling wedge broken->bearish. Fib level broken->Bearish. Currently looking at 1.618 around $44k. Even though we broke this price, we did not close a candle below this level, so still ok-ish. Looking for a structural retest of this Fib level, either we bounce or die. Two things that spin around in my head: Bull...
So I tried to warn everyone about the dump to 47k and few believed so it will be interesting to see who believes that the energy in the last wave shows that we will hit 31k on the next wave coming very soon!
Smart money are over, we are at all time hight. It may be double top bear trap. Bear market is comming so i wont be suprised.
The chart shows an example of price development and my future plan. All target as well as stop loss markings on the chart.