If the 1H candle closes below the previous green candle, I will be shorting till the demand zone SL $60438 TP $57380
This is what I see and I will open short in the described area on BTC - Risk/reward 2 les see
Most of what I have to say about this is written in the actual chart. Basically it looks like there is a similarity between every other annual setup.
Hello Everyone, BTC/USD hit a recent bottom at 56524.30, where it found solid support. Long-term prospects for BTC remain favorable, with expectations for continued growth. A promising bullish indicator would be a stable and firm position above the 1M PP. TradeWithTheTrend3344
ORDER BLOCKS are great poi's if you how to use them. Make use of a HTF and draw on liquidity.
Similarities? Though we are early you can still see the similarities from last go round ...enjoy .. Great Luck!
I like simple charts and this one is pretty simple. Lower highs on the RSI and bearish pivot candles seem to point to further consolidation prior to a true ATH breakout and a run later this year. Targets are $60k and if shit gets really ugly, $50k. Hopefully we trade in a nice $15k range for a while and get a great alt season before BTC goes on to the...
ABC correction finished. Short Elliot Wave reached 300% of fibonacci. Bullishtrend has been progressing. Waiting for the fifth peak of small E.W.
CRYPTOCAP:BTC just printed a "magical" green candle, after a kinda "bearish" upward movement with a lot of divergences. No one was expecting an upward movement like this, and really caught bears and shorters by surprise. The short squeeze here was brutal and a lot of shorters must be in pain. Anyone could be asking themselves, "what the hell just happened?"....
Just a little price prediction for a bit of fun. I think there will be continued sideways movement up until we see the classic "sell the news" price action once the halvening is here but we'll eventually start climbing through the summer
ORDER BLOCKS are great poi's if you how to use them. Make use of a HTF and draw on liquidity.
This is a trade idea I have for BTC. Looking to take long trades within that area. my overall bias for BTC is bullish especially with more BTC ETFS being approved.
LOOKING AT THE CHART MARKET HAS SWEPT BOTH asian range high and PDH with displacement and MSS we enter of the FVG and target 1:2 our stops at the high. lets see what happens
After rallying to a new Bitcoin all-time high in March, markets had looked without momentum for weeks. New catalysts such as an Ethereum ETF approval look very unlikely. The launch of new Bitcoin and Ethereum ETFs in Hong Kong has not attracted meaningful volumes. The much-anticipated announcement of the Eigenlayer token in the Ethereum ecosystem led to more...
market broke 60000 support n now is retesting below which give us 1000 decrease .in the other words the contract of sell still strong n next target support is 50000
As we observe the BTC/USD chart on a 15-minute timeframe, several key indicators suggest a market poised for potential breakout: - EMA Convergence : The EMA20 and EMA50 are closely aligned, indicating a consolidation phase. A breakout from this phase could set the direction for the next significant price movement. - RSI Neutrality : The RSI stands at ...
✅BITCOIN broke the key Horizontal level of 61k$ So we are bearish biased Now and as the pair is Making a bullish correction We will be waiting for the Retest of the broken level Which is a resistance now From where we will be Expecting a further Move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
☝️Do not act based on my analysis, do your own research!! The main purpose of my resources is free, actionable education for anyone who wants to learn trading and improve mental and technical trading skills. Learn from hundreds of videos and the real story of a particular trader, with all the mistakes and pain on the way to consistency. I'm always glad to discuss...