I was expecting this drop some days ago and here you are. My buy zone worked out perfectly. Now it's getting ready to pump hard and probably hit a new ATH. Invalidation below my support zone
Yesterday I shared a tread which gives a me a 1000 point profit
And my trailing sl get hit
Today bitcoin given a breakout in 15 min chart fream of square zone
There are High chance that this brek out will not sustain and drop further
Since over all tread in btc is nagative
If in 15 min time frem btc close bellow square zone. Or breakdown of the trending...
#Bitcoin update
BTC is forming this bullish parent/symmetrical triangle pattern in the four-hour time frame; here, 200MA is working as good support.
currently tapped into the support deeper till the bottom area and reacted a bit. Price Seems to be hodling the support and might gonna reverse from here.
we need to reclaim the 70K resistance for bullish...
K2 is a bearish hangman pattern,
K3 verified it.
So, a potential double top or bearish flag pattern is on the way.
I nearly closed all my long positions at K3.
The potential support is 0.5-0.618fib area,
I will try to buy back there.
If the following candles break up the flag,
I will also change my mind and try to buy back.
█ Overview
Welcome to the getting started page dedicated to my automated trading strategy Cyatophilum Bands, which is in continuous development.
The strategy principle is to identify consolidation areas, catch breakouts and ride the trend as long as possible.
█ Trade examples
Breakout from Tight Consolidation
Price consolidates within a narrow range...
ALL trading ideas have entry point + stop loss + take profit + Risk level.
hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are...
With the DXY (U.S. Dollar Index) showing increased strength, a bearish scenario is emerging for Bitcoin, potentially driving prices down from current levels. Here’s an overview of the critical factors and a strategic approach for navigating this downturn.
Market Overview:
DXY Impact: The rising U.S. Dollar Index traditionally signals a move away from riskier...
Well.. symmetrical triangles are usually seen as continuation patterns until proven otherwise. They are also one of the least reliable patterns, but on daily charts, this could mean something else.
My interpretation is that, the trendline should and must be approached/touched to get a healthy uptrend. The minimum implication of the symmertical triangle confirms...
🔴 #BTC Analysis : 4 Hour Timeframe
🔮#BTC experienced a sharp price drop due to heightened geopolitical tautness between Iran and Israel, but the price managed to rebound from a critical support zone🧐
Maintaining this support is crucial to preserve Bitcoin's bullish structure, as a breakdown could lead to further market panic.
#BTC #Cryptocurrency #Retest #DYOR
Symmetrical Triangle Breakout on BTC with higher probability than break down. I see many people looking for 53-57K - it will be difficult to test those areas but its possible. Also the crowd is generally wrong. With the order blocks stacked around 60K it will be difficult to break that level. Crowd sentiment on the current stock market and BTC are short term...
BTC will go 100k if can breakout successfully from the flag, but since we're in the edge of the bottom flag, breakdown can occur if the war news continue. Hope the breakdown already over and only up. If not, we will go visit 53k . T^T .
We expected a pullback of the price after it broke to the upside and went beyond bit our target. Now the pullback is slowly maturing and coming to the targets from where it can bounce. Therefore, lets get ready with the relevant levels and the trade setups for long. I have marked two support levels which is attracting the price on this pullback. The first one is...
