DenisTrofimov

BTC is in active Head and Shoulder Formation.

XBT BTC Current S/R Levels.

BTC is consolidating after the breakdown. No longs are recommended yet in the zone crossed out. Only shorts with stop losses. The higher resistance areas provide better Risk: reward. Still expecting a further drop.

VPOOC=Value Point of Control. The level of the most transacted volume inside the range. A very important reference level after the price moves away from it outside of the range. NVPOC-Naked POC. POC of the range that has never been tested. More important than VPOC. The price broke out of the 3-month range (marked green) Its price boundaries are $9150-14,000. I...

BTC BAKKT Opening

The buyers need to keep the momentum going otherwise we will test the main Support Level $202-204. On the first test from above, I expect a bounce, but if we test it again we will dive in deep into the middle of the range with a lot of trapped buyers. The whole ETH updrend and breakout is questionable and has many chances to fail. Its not a reason to not trade the...

Bitcoin entering the consolidation zone before breakdown. A breakout above $10,600-11,000 will invalidate this scenario.

We all like playing this game and can spend hours watching how the stone disappears in the depth of the water. That is what is going on with Bitcoin yet again. The speed and the inertia are both fading. Dive in soon!

The break above the $203 level can lead to a big sign provided Bitcoin is not dumping.

Gold is still in consolidation phase right before a big-time frame resistance zone. I expect the resistance zone above the range to still hold, but until then long scalp trade is possible from the bottom of the range and target to the middle.

The price has been in the balance for over a month and now the range is mature. At this point either the buyers or sellers will step in and push out the price form the range aggressively. This is the direction I think the market should go to gain strength and continue the bull run or consolidation in a lower price lever.

This is by far more of a short setup, but I would give buyers another attempt to break out of the zone. If they do, I will enter long on the retest. Under the zone is all short setups

Bitcoin bounced off the bottom of the current range. Expecting the price to reverse and go toward the top of the range or even possibly expanding the range further. All the numbers on the chart. Risk 1.5% only. Drop below $9800 will invalidate the idea. Stop loss should be placed there.

BTC bullish scenario. Test of the NVPOC and CME GAP Close

Next target is the top of the multi-year range.

I personally do not have any position at the moment. I did miss the short from the top of the range, but now we are in the middle. But my uncertain sense of the next possible move shows this pattern. No trading is trading in this situation.

BTC CME to the Moon. Does not look like a false break-out Strong move is in motion. Do not short!

Bitcoin heading to Mid $11,000