I flipped bullish around Aug- 2023 and I am very bullish today, read more to know why👇 After hitting an all-time high (ATH), it's typical for any tradable asset to make some retracement. It's crucial to monitor the situation closely to determine whether this downturn is merely a correction or the start of a prolonged downtrend. The key difference between a...
Previous analysis worked out perfectly. We are in deep profits and i placed the stops at break even. But now, what's next for BTC? Probably it will not stop now, i think it will keep pumping at least till the $71.000 area where we can maybe have a retrace till $63-65.000. But it's still too early for that. For now, let's enjoy the ride
Hello everyone! If you enjoy this content, please consider giving it a like and following for more updates. The chart suggests a potential breakout from a descending channel pattern for Bitcoin (BTC), followed by a retest of the broken trendline as support. If this retest holds, there could be a significant price increase towards $70k. The 50MA is also acting as...
Bull flags, with daystaken and % up thats really interesting , keep an eye ! Looking promising
Hello Everyone, I have decided to post free market idea's every week or so for free, so everyone can see what i see backed by REAL data. As you can see using Liquidation Data, Net Long/Short Data, Levels/Zones and some other analysis, we can see where the market is likely to move. Especially as we move into halving in a months time. We can see that there's...
An "accumulation phase" is the part of the cycle when and where the whales and experienced traders take the time to load up in expectation of a massive market move. The time to accumulate is also called a "consolidation phase," when prices establish support before a market turns. The market already turned once, from bullish to bearish. Bitcoin moved to hit...
This is neither meaningful nor detailed (except for the date & the price). Let me walk you through my thought process. I'm gonna put myself in your shoes and see if I would understand the context based on what I wrote...Yep, I do
Long BTCUSDT, 4H entry 60941.23 sl 60150.00 tp scalp 62464.90 tp1 64075.29 tp2 65881.57 move sl to entry after price reach 62464.90 ; price shouldn't retest entry again. BINANCE:BTCUSDT BINANCE:BTCUSDT.P CRYPTO:BTCUSD
We shall a retest of liquidity as the market figures whether to pump or dump this ponzi.
K1 is a bearish hang-man pattern, K2 verified it. So, it is very likely that another bear run had started from K2. The first 2-4 hours of the day is important. If the candles close below to verify the bearish downtrend, It will be a potential good place to short it here. Sell-61600/Stop-62600/Target-56000
Bitcoin has shown a strong upward trend but has been met with rejection each time. This is generally referred to as a weak view. This indicates the need for a bottom formation within an upward trend. In other words, Bitcoin needs to find a new deep level before it can continue its upward trend. The new deep level is $56,000 at least.
Head and shoulders extension pattern the price fails to exceed the right shoulder of big h & s and drops from the resistance line. As it appears to be an extension of the head and shoulders pattern, it is expected to test the typical target of 60,000. Furthermore, since this pattern is typically described as a reversal, if it exceeds 60,000, it might test the...
Slow price action again this weekend, so we make some updates on the overall plans and look for high volume levels where we might expect price to get a reaction in the near future. Look at the beautiful compression between H4 EMAs and D1 EMA on the daily chart. Usually the longer a compression last, the more expansive the potential move can be.
In the long term (daily charts), BTC has started to rise from the trend line. In the shorter term, the RSI on the H4 chart already indicates that the short-term downward trend has been broken. I was expecting a correction down to $59,000-$60,000, but this now seems unlikely, which further supports a bullish scenario. STOP LOSS: If it goes below $58,000 and breaks...
Here is a short trade idea setup. I have taken this short trade with very tight stop loss. along with small position size. The price has moved up since we closed our long. It has now reached a key resistance level which was the level from where the price dropped last time. Therefore, this level will present significant resistance here and it will cause the price...
Hello friends, Irregular flat pattern is being formed to this small blue (X) wave to fill the upper liquidity, and breaking the previous x is my confirmation to change this direction but it is not preferred. Thank you for joining me in this analysis. Remember to like, subscribe, and stay tuned for more updates. See you soon! Thanks, Bros
Bitcoin BTC large parallel channel, the upper line is the top, the middle line is the oscillation, and the lower line is the bottom.
Seems like the market will shape an ending diagonal. It started with a small diagonal which triggered me into expecting an impulse - went all in (very small deposit) and it kept swinging until formed a nearly complete triangle.