Look, if Bitcoin doesn't bottom here now at 20k, its literally over and probably will fall to 12k-13k. Market already priced in FED cuts. 20k is impenetrable level. This is basically Bitcoin's last hope. FTX:BTCUSD
BTC consolidating in triangle before new lows 25k marked the end of a large ABC 5 waves down to 18.5k was first impulse down consolidating here before next impulse down
BTC will soon come out of the huge falling wedge (reversal pattern).
- end of falling wedge - bullish divergences - double bottom - FIBO retracement 78.6% since march 2020 - blue pill (Hash Ribbons indicator) - bottom found (Puell Multiple indicator)
TF 4h : - small bearish pennant - bullish divergence in progress TF 24h : - end of falling wedge - bullish divergences - blue pill (Hash Ribbons indicator) - bottom found (Puell Multiple indicator)
- end of falling wedge - bullish divergences - blue pill (Hash Ribbons indicator) - bottom found (Puell Multiple indicator)
Liquidity taken above as planned on last trades Big rejection meaning short orders filled above it, Couple liquidity zones/ stop-hunts bellow as targets (yellow)
Same idea as my trade from yesterday This one is much riskier since prince could drop accordingly to higher TF to find liquidity bellow Sizing is important on this one (multiple entries, small sizes)
#Bitcoin Technical Analysis:- $BTC currently trading at $21500 And $22000-$22500 is Strong Resistance level and Retest Level of Bear Flag as Per Pattern Analysis. If BTC price will break $22500 and close above daily candle then It will good for Bull scenario and We can see upward Targets toward $28000 But If Price Rejected from this Resistance level then Ready...
- weekly trend reversal (or range) - bullish - looking for a retracement / liquidity pool Could also wick lower into the OB bellow, will see how price react at these levels
Bitcoin Q4 2022 outlook: a potential 2019 fractal in play. The 61.8% fib from the December 2017 prior all-time-high to December 2018 low is where Bitcoin peaked by summer 2019: $13.9k. A potential play here is a similar rally to the 61.8% fib, from the current all-time-high of $69k to $17.6k, standing around the $50k psychological level.
#BTC/USDT LTF TA Update:- $BTC currently trading at $20360 As Per chart BTC already Bearish and I always suggested to you Bearish from TOP. Now 2 Scenarios:- Scenario 1:- If btc Break $20550 Resistance level then we can see $21600-$21800 This is Retest Level of Last Break down Channel. Scenario 2:- If rejected from this Level then we can see $18700 Level in...
If Bitcoin goes to $13.9k, simply just go all in and never look back. In a complete clown world, financial assets will see clown world prices. COINBASE:BTCUSD
After the previous week’s descend movement Bitcoin (BTCUSD) price stopped at the 19500-20000 USD demand zone. This is the possible place to make some bounce up. However, before that we could see another testing of the 19500 support level. I’m going gradually open LONG position now. Entry 19500-20000 Take 1 20300 Take 2 21200 Stop loss 19400 Of course, the...
ICT Studying Bearish BIAIS a retracement is due we could also range for a bit
BINANCE:BTCUSDT 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! It seems that $BTC has deviated below the $19750's Lower low. And now, Wanna count it as Monday's low here, Moving to fill the weekend's CME gap. - The gap has opened from $20470. So,...