Hello! I expect the fall of the fifth wave from 7500-7800 to 3600-4000.
Since my chart never had an explanation in this one I've provided a few points. I am still short. I still consider this a very weak structure, without volume on no exchange. Bitmex lost over 400 million $ in open interest. Claim suit again Bitmex, Binance, etc. (scams goes down). I am still weary of my position. A bit yes, only because of thin order books &...
As per my charting, I'm still bearish. Until we break that 9k region I will remain bearish and let the market tell me when to switch to bullish. For me, I'm mainly looking at that supply zone. We near this zone ill be looking at price action to confirm this. I wanna see good momentum to this region than once we hit I want to see this momentum drop off (volume,...
Simple Cup and Handle idea on BTC 2hr chart with scale inverted. Lets see how this plays out in the coming days.
Shorted from $6906 as planned in my last update. Target is around $6000. Information is just for educational purposes, never financial advice. Always do your own research.
BTC/USD SHORT OPPORTUNITY (4 HOURS):
BTC is in correction after Dump now BTC is in way of D wave of Bearish rising Rectangle it is about to complete C wave of D wave. Next Stop looking 5100-5400 and then it will start its E wave toward 7.2k then we will see another drop toward new low.but if it break 5.1k then we will see farther drop.
XBTUSD pumped by 15% on the daily and is on resistance. Looks strong: * volumes are growing * tether Mints $180M New USDT For ‘Inventory Replenishment’ * decoupled from S&P500 which SPCFD:SPX only +0.47% But I'm short from ~$6224 with tight stop - targeting $5900 - $5700 as support. Because we're on the resistance and I don't think that we will break it with...
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Bitcoin potential retest of 3k level to form a bullish pattern which is an inverse head and shoulder, if Descending triangle playout target for SHORT around 3500-3300 region to form ahead of a hudge inverse head and shoulder pattern. Bitcoin still in a downward channel which is very likely more in favor of the bear's.
Bitcoin is setting up for a bullish CME Gap Fill at $7,600 before the May 2020 halving. A perfect textbook Head & Shoulder pattern has formed on the daily which indicates short term bearish pressure. If we do not break above $9,175 then we will most likely complete the break down below the shoulder neckline to a possible target of $7,600. The only way this can be...
- As per my Previous update $BTC Crosed belwo 9000 USD and Come Back below again 8500 USD - If it will Not Hold above 8550 Than We can Easily will Go Back Downwards again Around 7400 USD - 7500 USD Keep Eyes on $BTC On #Binance and #Bitmex Regards Admin @Stivee
$BTC $XBT #XBT #BTC Update 4 Hrs Chart - In the above BTC Failed to hold 9000 Usd $ and come below from it - If It holds this position and able to cross above 9050 $ USD Zone will make everything bullish - If it not be able to hold this zone will again come back to the Strong Magnetic Support zone level ar around 8400$ - 8500$ Keep eyes on it Regards...
Good morning traders and welcome to my next analysis. We have quite an interesting situation, with the bulls and bears going head to head in an even competition BTC has been operating in a tight range for the last 5 days with some sort of accumulation and multiple attempts at clearing the 8,900. Another attempt to break 8,900 started today and while we see a...