As I've been saying for days, the downtrend is continuing The 3rd high has formed prematurely (imo) so expect some weird market moves as it attempts to shift itself into a 'responsible' structure one more As always, don't rush in. You don't need to chase trades like the masses do, you can hand pick the quality setups
This video explores a potential Bitcoin trading opportunity using technical analysis. We'll examine the current trend, price movements, and market structure to identify a potential entry point should favourable conditions materialize, as detailed in the video. It's crucial to remember that sound risk management is an essential component of any trading strategy. ...
Okay, I will show you how I do it: how I get my alerts and how I go through my bucket of instruments, set up alerts, limit and market orders, -- the whole nine yards, the whole enchilada. It's very, very simple (or so I think).
I hope you guys understand my next big trade! If you have any questions or comments feel free to ask! I will put out a video as soon as I ender into the trade
The current market conditions suggest that we are witnessing a period of consolidation, with prices trading within a narrow range. This consolidation phase is likely to be a temporary pause before the prevailing downtrend reasserts itself. Key observations: > Prices have been oscillating between well-defined support and resistance levels, indicating a lack of...
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Not much change from yesterday's update. The Price went into range as suggested. Watching for a reversal to the upside, but unlikely I feel the market is heading down overall. As always keep a smartly set stoploss in place to protect your capital from the zigzags that happen across the chart whilst price anchors in to its sweet spot before continuing on trend
A possible bounce is here... but charts remain bearish on larger timeframes, but bullish on small timeframes...
Bitcoin is about to see one of the greatest bull traps in history and this is your oppurtinity to make 100s% in return !
at the end of last week I said to be aware of consolidation coming in with a major market move to follow. That's exactly what happened, only the market went down (thankfully) instead of exhausting itself further on the up Full explanation in today's longer than usual video
Cycles continue to signal more downtrend with bounces along the way.
Bitcoin has exhibited a bullish trend, prompting us to seek a potential buy opportunity. Presently, it has retraced to approximately 50% of the previous price swing on a 4-hour time frame. In our video analysis, we delve into trend dynamics, price action, and market structure, emphasizing key aspects of technical analysis. It is essential to note that this trade...
Hello Traders, welcome to today's analysis of Bitcoin. -------- Explanation of my video analysis: Last month Bitcoin finally broke above and also closed above the previous all time high which was roughly at the $60.000 level. Considering that Bitcoin is in a massively bullish market, we could just see more continuation towards the upside. But if we get a...
CRYPTOCAP:BTC is starting the YCL decline Daily - Looking for early HCH, and a failure of a daily cycle to mark the decline Weekly - Weekly swing high level will be next - looking for decline into May 2024 Monthly - Final YCL is expected in early September. Still long was out - looking for a monthly swing into May
📊 Dive into the exciting world of cryptocurrency trading with our latest video on the BTCUSD (Bitcoin) current market outlook! Join us as we explore the fluctuations of Bitcoin, paired against the US Dollar (BTCUSD), providing you with essential insights into current market trends, key support and resistance levels, and potential trading opportunities. Whether...
A trading plan is a set of rules that specifies a trader's entry, exit, and money management criteria for every purchase. With today's technology, test a trading idea before risking real money. Known as backtesting,this practice allows you to apply your trading idea using historical data and determine if it is viable.
In this video, I go over what I am seeing in BTC and why it has the potential fuel to get to GETTEX:48K before moving higher. There has been much weakness in the last few weeks.
This is what I thing will happen to Bitcoin... The current market structure alignment screams bullishness across most time frames; Monthly --- Bullish Weekly --- Bullish Daily --- Bullish 4H --- Bullish This tell me we are overdue for a massive correction. What do you think?