Hello Dear Traders, On Jan 18, we posted this idea: We discussed earlier about strong bearish closing on weekly candle, After 14 weeks of Historic bull run. we can now confidently say tht 42k is bearish territory and its not easy to cross without healthy correction of 30-40%. As per tht BTC dumped very well and tested Solid Demand Zone(28k) as expected. Also one...
Good morning ladies and gentlemen and welcome back to the most volatile show on Earth...... The Bitcoin Show! I am your host Tim and I can see that this morning may not have been the most appetizing thing you could have woken up to if you are a bull that is. We are still holding onto 30k and that can be considered a win in my book. But over the course of this...
That's what almost always happening in crypto's after a falling scenario .
📌 ridethepig | Homerun for BTC Here the choice is between another sweep and marking a bottom. The first results in a discovered temporary pullback which allows early buyers to start getting excited... but the second moves involves a slingshot, automatically through the pivot. A quick review of the initial charts we have been tracking ↳ This was the...
Hello? Dear traders, nice to meet you. "Like" is a huge force for me. By "following" you can always get new information quickly. Thank you for always supporting me. -------------------------------------------------- ----- (1M chart) If the downtrend progresses, we expect the possibility of touching in the order shown on the chart. (1W chart) We must see if...
Hello guys, We are seeing a slight reversal in the BTCUSD trend since we touched $28,800 during the Asian session. All eyes on the $32,000 horizontal level - previous support on the daily timeframe, now could be te turned into resistance in combination with the 4-hour chart 200-day EMA. If surpassed, then this will open the door for recovering to the $34,800...
Think of 6k bitcoin support. 30k is like 6k. There should be a bounce off it at the very least. Some support forming + massive buy walls on spot exchanges.
Target for this symmetrical triangle break is ~20k Sorry bulls, you had your fun. Hope you took profit.
I forgot one thing, bitcoins are involved in the time lanes when they were all falling, after coming out of each time, after a few candles, the trend changed to falling and again it was caught in the falling time. Until tomorrow, according to the time specified and the chart, we expect a small ascent to below the trend at the price of $34400, and in a few...
Hello Dear Traders, In Last Post: I discussed about Rising wedge pattern on hourly time frame and it perfectly worked as expected. Price came at 33k zone and it respected demand zone of 4hr and also respected very important lower support trendline of symmetrical triangle. after touching lower trendline we seen very good buying pressure. if we close above this...
#BTC/USDT TA Update :- #BTC currently trading at $31100 And If you followed my analysis then now you saved huge money and also earned huge $$$$. So BTC Finally break down the support and I told you $42000 is TOP so I suggest you to sell btc at $41000 I sold At top and also suggested you. Now bearish mode activated. Now My Target is $22578 But before $22578...
📌 ridethepig | Bitcoin Finally Breaking Down The goal of this swing as you all know by now is to test $28.000/$27,000 and show a real seizure of control from sellers. After another -8% today, it's clear in the ST sellers are doing their duty as we approach the first targets. The defence here is very feeble, fresh weakness should be considered indirect fruits...
After the test, the broken trend is updated and analyzed
$BTC Did you short the Sell signal?No entry Did you short the triangle breakdown?No entry But you are thinking on shorting support?Face with rolling eyes #BTC is retesting ~30k, BB lower trendline (that has been respected since March '20 ) If there is a play here, is betting for a bounce/reversal
Btc hunted the equal lows. Those stops are taken. I made a entry at the orderblock right below that equals. Price could sweep the recent high into the bearish orderblock (orange) The stoploss is placed verry tight, at that point i think the setup is invalidated.
The lady is back , she has spoken , correction inbound. It's fundamental now