It's been 4 weeks since the last Altcoin Fiesta, which means it's about time for a new one!
My short-term view on the markets:
BTC has fallen through the main bullish support which held the upward trend going all year. Volatility is still low, but BTC appears to have found support around the June support area. Short-term price action can be bullish, but I still...
Bitcoin crashed to 25k recently, but a huge pump followed immediately after a false breakout of the head and shoulders pattern. Bitcoin was heading down to continue in the downtrend to 21k, but a huge buyer suddenly appeared and sent bitcoin to the upside. Is this a strong reversal pattern? I think so!
It looks like Bitcoin is refusing to go lower, which is...
✅Bitcoin managed to break the Uptrend line a few minutes ago.
🌊According to the theory of Elliott waves , Bitcoin managed to complete a Zigzag correction pattern(ABC/5-3-5) in the areas above the 🔴 Resistance zone($27,000-$26,350) 🔴 and near the 🟣Yearly Pivot Point($26,719))🟣 .
🔔I expect Bitcoin to go Down in the coming hours and at least drop to the 🎯...
We have found a very interesting fractal movement of the BTCUSDT price, which now has a chance to repeat itself at least partially.
So, we'll try to take a long position.
Entry = buy zone $26456-26681 with a potential average price of $26569
Stop = $25764 (-3%)
TP = $29180 (+9.8%)
P/L ratio = 3.25
We allocate $10,000 for this trade
In the event of a mistake,...
🚶♂️Bitcoin is moving in the 🟡 Price Reversal Zone(PRZ) 🟡 and near the Resistance line and 50-SMA(Daily) .
🌊According to Elliott Wave Theory , Bitcoin seems to be completing a Double Three Correction(WXY) .
🔔I expect Microwave C of Wave Y to complete at 🟡 Price Reversal Zone(PRZ) 🟡 and Bitcoin to fall to at least the Support Line .
...
I've been fairly bearish since BTC failed to break through the top resistance of the channel a couple of weeks ago. However, BTC's price action this week seems promising at the very least, so we have to consider different outcomes at the very least.
My anticipation for the coming week is that we're going to retest the top purple resistance. We will get some...
✅Bitcoin has been responding well to my 🟡 Price Reversal Zone(PRZ) 🟡 for the past few days.
🌊According to the theory of Elliott waves , Bitcoin seems to intend to form an Ending Diagonal pattern to complete microwave C of main wave Y .
🔔As a result, I expect Bitcoin to make a new high (slightly above PRZ ) and then start to Fall again. The target of...
Hello 🐋
based on the chart, the price is close to the resistance area and channel resistance ✔️📚
so first
range candlesticks to the upside and downside before any other sharp movement is logical 📖
and
more correction to the downside, at least close to 24k is our main target ❌🧨
👌 Notice: pay attention to the price on shortcut chart (located above the main chart...
BTC → next move prediction
hello guys...
as you can see the BTC has started the upward movement from the first area that I shared before:
now this coin formed an ascending channel so it so possible if this coin wanna touch the MPL level.
MPL level is a great area for taking a bit short position there!
_____________________________
always do your...
Hello 🐋
based on the chart, the price is close to channel resistance ✔️📚
and
range candlesticks to the upside and downside before any other sharp movement is logical 📖
our main target is
more correction to the downside, at least close to 24k is our main target ❌🧨
👌 Notice: pay attention to the price on shortcut chart (located above the main chart with black...
Hello colleagues!
Since 17 August 2023, we have changed the format of our ideas on tradingview.
Instead of medium-term forecasts, where we shared the main and alternative scenarios of price movements, we started publishing potential trades.
In addition, we backed these trades with specific amounts of money to show how cryptocurrency trading looks like in...
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊
After price bounced from support area, which coincided with $25800 support level, it rose to resistance line.
Then BTC bounced down to support level and some time traded near, but soon, price broke this level and fell to $24900 points.
But price at once bounced...
Hello everyone, I invite you to check the current situation on BTC in the USDT pair, taking into account the one-day interval. First, we will use the yellow line to mark the upward trend from which the price came out at the bottom, while currently we are moving under the orange line which indicates that the downward trend remains.
Now we can move on to marking...
Hi folks today I'm prepared for you Bitcoin analytics. A few moments ago price declined to the 28000 resistance level, which is located inside the resistance zone and soon it continued to fall to the 25800 support level, thereby breaking the 28000 level. After this, the price some time traded near the support level, and later it rebounded from this level and made...
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊
After price started to trades in flat, it declined to support level, which coincided with $25650 support area, and then bounced up.
Price rose to next level, but when it reached this level, BTC made correction below and some time traded there.
Then price made...
The Foundations of Solid Risk Management 🛡️📊:
Risk management in trading involves a series of strategic decisions aimed at minimizing potential losses. It revolves around understanding the risks associated with each trade and employing measures to mitigate them. Whether you're a novice or an experienced trader, risk management remains a non-negotiable aspect of...
Hello traders, I want share with you my opinion about Bitcoin. Looking at the chart, we can see how the price fell firstly to the 25700 support level, which coincides with the buyer zone, at once bounced up, and some time traded nearly there. Also soon, the price declined to the buyer zone, and then it rebounded and made impulse up to the current resistance level,...
Hello 🐋
based on the chart, the price is close to the resistance area and channel resistance ✔️📚
so first
range candlesticks to the upside and downside before any other sharp movement is logical 📖
and
more correction to the downside, at least close to 24k is our main target ❌🧨
👌 Notice: pay attention to the price on shortcut chart (located above the main chart...
