The analysis suggests a selling zone for BTCUSD at 42030, with an entry at that level. It outlines potential price points at 41500 and 41000 as well as identifying strong support at 40890. The mention of a flying mode at 42980 implies a bullish scenario. The overall sentiment seems to be leaning towards potential profitable opportunities in Bitcoin trading.
Just an orderbook scalp Big bids and a gap to 42k Just started a weekly candle structure looks not great htf but we'd need an upwick to nuke it anyways so could be this scalp..
Dear Traders, Looking at the weekly chart, it is still very obvious that BTC is still Bullish. As you can see, there are 3 scenarios that may play out going by what I can see and as shown in my mark-up. I see scenarios 1 & 2 more probable unless we see a weekly closure below the trend-line. Trad carefully and apply proper risk management
This are new found pivots. NO ELLIOTT WAVES. This Pivots shows what will likely come to be but there will be a BTC crash fall while on its way according to the Smart money master pattern. We don’t know when and where. Many claim to be wizards. It’s good to have an idea. At 3pm PT, check your time zones. BTC may have a small decline but no crash, will recover....
From my analysis, it could be noted that Bitcoin approaches the 41-40k price levels. This is seen as a completion of the first wave luftwaffe following the appearance of the LUFTWING candle. I believe a retracement would occur as price corrects to the 42-43k region initiating the second wave Luftwaffe. If a bullish LUFTWING candle occurs then a total bull run and...
Bitcoin drop to support level... Correction to support before rally
just saw this massive multi year head and shoulder pattern that usually means bearish. I post this more or less as a reminder or warning of a potential. hope this does not play out
just look at the chart historical pattern is happening again ! Even maybe new ATH !
Daily RSI support broken. Incoming correction before more move up
strong resistance after price broke support, price forming a sell change of character , im looking forward to selling it short term and buy it again, classic ping pong
When the market expects BTC to correct before the next price increase....like they expected BTC to correct to 20K about 1 month ago. My opinion is no. I'm on the cusp of 2023 and ready for a long draw until about May or July 2024. Probability of price increase by 10%. 90% off. The decision is up to you!
just very spekulating idea on BTC , for me looks like will start pull back shortly.
Hello Traders ! On 1H Time Frame, The BTC Price Reached a Resistance Level (42500.00 - 42578.02) Currently, We Have 2 Scenarios: Bearish Scenario📉: If The Market Breaks The Support Level and Closes Below That, We Will See a Bearish Move... TARGET: 41500.00🎯 Bullish Scenario📈: If The Price Breaks and Closes Above The Resistance Level ! We Will See a Bullish...
It is what it is. More boring Price action, they sell to target and we go up. There is nothing hard to understand about this. If that is difficult for you to understand, then good. Watch the video and listen. I make 18-20 minute videos regularly not to say what I think is going to happen, but to EXPLAIN why I think it will happen and how I analyze. I may have...
3 minutes ago NVT is pointing to a large correction which has already started. I called the Top when NVT hit 161.12, a level I've been watching for a double top to happen since NVT hit 151.1. the top imo was 44400$ BTC, and NVT has confirmed a double top at major resistance (top of red channel) at 161.12 exactly. i beleive BTC NVT is bound to the red channel as...
NVT is pointing to a large correction which has already started. I called the Top when NVT hit 161.12, a level I've been watching for a double top to happen since NVT hit 151.1. the top imo was 44400$ BTC, and NVT has confirmed a double top at major resistance (top of red channel) at 161.12 exactly. i beleive BTC NVT is bound to the red channel as stated. Slow...