BTC has formed an almost perfect double hump camel, a.k.a. the "Barfing Camel". There is alot of hype in the market. The BTC Camel is gonna lose it's lunch....Major correction is on its way.
As described in the video, I think there are break-out sellers and those who sold the supply zone. Trapped in the shorts and market will most likely not give a pullback down until it liquidates them hence I think the inverted supply zone is now support and we are going to hit the buy side this week. Always follow these rules - Accumulation / Manipulation /...
Morning folks, So, everything goes with the plan, although the upside bounce that we've discussed is stronger than we thought. It means that bearish long-term patterns are still valid, say on monthly chart, we do not consider short entry right now. Vice versa, there are a few bullish patterns might be formed intraday. First is reverse H&S with 67K neckline,...
- DAY is swing bullish => current is pullback dow The recovery wave of the day is the down wave of frame 4 hour The down wave of the daily timeframe ended when the 4-hour chart turned bullish. - 4H is swing bearish => current is pullback up.
By mastering the art of decoding naked charts, free from the distractions of indicators, you'll unlock the secrets of the market and gain a profound understanding of the game. Many people tend to over analyze and complicate things. The truth is no one knows what direction the markets will go until price reveals its secrets. Price breaking above or below the red...
I'm not a financial advisor, and investing in cryptocurrencies involves risks. The Bull flag On the Daily Time Frame on a chart might indicate a potential trend reversal, but it's essential to consider various factors. Tp ~94k$ Invalidation below 59k
Cryptocurrency markets experienced a brief pause in the altcoin recovery over the weekend as Bitcoin (BTC) faced resistance at the $67,500 mark. Bitcoin saw a minor decline of 0.2%, while Solana (SOL), the fifth-largest cryptocurrency, dropped over 2% to trade at $169. Despite this dip, investors view it as an opportunity for a rebound, especially considering the...
My Dear Robbers / Traders, This is our master plan to Heist BTCUSD based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart. Our target is Red Zone that is High risk Dangerous level market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be...
this is to see where the levels will get to moving forward from May 2024
If BTCUSD reaches a price near 67'800$ on a lower time frame like 15m or 30m, I'll open a short trade. If BTCUSD holds near $67,800, it signifies that it has developed a bearish pattern after reaching its major supply zone. BTCUSD is likely experiencing a very bearish scenario due to this condition. The analysis is provided for educational purposes only. Be aware...
Bitcoin is in a major supply and demand zone. In the other words, the ceiling of the bearish channel. I think it's better to seek short trading opportunities on the BTCUSD pair. And if you want to make a long trade on BTCUSD, you have to wait until it breaks the $66,500 level. The analysis is provided for educational purposes only. Be aware of the potential risk...
2 Day FVG. VERY IMPORTANT Level for price to hold if price is going to continue STRONG Bullish Case: (higher probability) Watching for rejection in the discount levels within the 2Day FVG Bearish Case: Price consolidates in the gap, creating bearish SMT, and then inverting the 2 Day Gap FOR LOWER TARGETS
BTC/USD is falling towards a support level which is an overlap support that aligns with the 38.2% Fibonacci retracement and could potentially bounce from this level to our take profit. Entry: 65,136.71 Why we like it: There is an overlap support level which lines up with the 38.2% Fibonacci retracement. Stop loss: 63,421.66 Why we like it: There is a pullback...
100 days from each of the past halvenings. 200 days after, it really gets interesting.
Support And Resistance Range For BTCUSD It is indicated in the chart