Another new recent low for $BTC. This area is VERY IMPORTANT. VERY IMPORTANT! Historically this area has been trouble for #BTC to break above once it has gone below it. We are seeing positive RSi divergence but we never go by this, need to see a good trend first. ( CRYPTOCAP:BTC historical trading in this area) IF #BTC gets a bump here with volume AND IF IT ...
On 6/30, I created a small capital account ($180) for daily trading, and I will share the results weekly on the same post There are three targets for account: 1k, 10k, and 100k Let's see what happens. ................................ In the end, I'm just sharing my results and what I post for my own purpose NOT designed to be taken as ADVISE
This is my Chart for the rest of the year Gaps too break lower and higher Think we tag & fill USDC gap lower before the Luna gap down from 2021 POC yearly retest and bounce Trend flip seems too be forming will update Binnace futures chart next
You need to know the truth. Whales need to dump, capitulation price, break longs and weak hand first. The smart money point its around 20800-17k. After shake all weak hands, destroy all leverage and borrows. Price go up, be ready.
This is a followup to the previous Bearish ABCD trade; BTC has officially with PPO Confirmation, has reversed from the PCZ of the Bearish ABCD to which I later realized the ABCD was part of a much greater Bearish Deep Gartley, and now we are below the 200-Day and 200-Week SMAs along with that we have broken below the demand line of an apparent Rising Wedge Pattern...
There is a large area of thin volume on the market profile of BTC's sudden drop over the past couple of weeks, possible stop hunting areas will be 2x the daily range than usual as volatility has increased. A gap is visible in the CME 5day chart this would be a good area to trade long into and then short the top once filled, this also lines up with a 200D retest
Sell August micro bitcoin at 25780 stop, if filled, Target 1 = 24800; Stop Loss = 27650
We have been talking a week ago, about how to close the CME gap opened by BTC. Well the big hands have found a good excuse to do so with the Grayscale ETF. Congratulations to the traders.
Traders, A few posts ago, you will see that (2) two gaps were being focused on. The question was posed about which might be filled first. Many of my followers understand that my bias was to the upside gap being filled first. Thanks to the Blackrock ETF approval, this has occurred. And, as I stated in my video yesterday, I have unloaded 50% of ALL my positions...
Was not going to post this but... Like clockwork, again. We noticed a slight BULLISH bias for $BTC. Even mentioned that there's huge demand for #crypto related #stocks. #BTC gets positive news today. Grayscale wins lawsuit against SEC for #bitcoin Spot #ETF. --- Previous post (see profile for more info) CRYPTOCAP:BTC is once again making case for BULLS short...
In the world of cryptocurrency, Bitcoin (BTC) stands as a cornerstone, continuously captivating the attention of investors, traders, and enthusiasts alike. As we venture into the next few months, the Bitcoin market is marked by both excitement and uncertainty, presenting a myriad of possibilities for those willing to navigate the ever-shifting tides. Bitcoin's...
Long term BULL + Short term BEAR case CRYPTOCAP:BTC is once again making a case for BULLS, at least short term. We'll see what happens. The 4Hr RSI getting stronger & can be seen on daily charts. Longer term #BTC is making a GREAT case for bulls. But can take some time. However, don't be naive. The current area is not the best place for #bitcoin to build a...
in CME markets these gaps are plays as resistance first re-action Price is gona be long bar shadow and than main reistance PRZ on 23800
Hopium or possibilities? $BTC Above $35k by April 2023 - Closes down the gaps - Liquidiates all shorts Might touch near $50kish?
A rough idea of what *could* play out over the next few years.. I see 2 scenarios in the near-term, first being this fractal OR, roughly what I've outlined in the chart here.. this would make sense to me, grabbing liquidity at inefficient zones (gaps) above and below, shaking out weaker hands, before moving higher and beginning a new bull run..
Broke an important trend line on 1d and formed a gap. In technical analysis, there are different options for price gaps and their interpretation is different. In this case, it hit an important trend line. As a rule, these appear during the market reversal. For a further significant price increase, it is necessary to fix back above the trend line and close the...
On 30 min there is a Double Bottom for BTC at this time. "DOUBLE BOTTOMS" A double bottom pattern is a technical analysis charting pattern that characterizes a major change in a market trend, from down to up. Notably there is also a gap fill as seen on the chart. I am expecting 2024 to be a good year for BTC imo. We'll see! What are your thoughts? Thanks, Kelly