35000 to 35150 i beautiful long for BTC
SL can be placed around 500usd below TP 36600 39900 and rest to the moon
till july 11 :)
we have free period till around july 11 to 17 especially 17 july grayscale unlock new BTC shares at 22 june to 24 it finished last unlocks till july 11 we have nothing
so conssidering so long down trend I bleive strongly we may have...
at 0.64 we have beautiful entry there we have weekly 50 EMA recent low pivot point and downtrend fib 1.0 extension level
all at 0.64 0.65 so tight range if bull market resume it easily can go 2X which would be profit target
targets 0.99 1.09 1.39 1.89
risk to reward fantastic
watch stock market on monday US 30 I published idea if it falls below horizontal...
From weekly chart 34K is beatiful entry plus minus few hundred
why its weekly fib level and now weekly 50EMA is in same level so its incredibley strong support but anything can broken if someone decide offload huge portion of their holding
there are some inflows not huge but worth noting they are split now 6K 3K 3K but it defintely can take price down to 34K...
I believe 26.6 to 27.1K area is fantastich for lonh if we break 30K it would be fakeout trap for bears everyone would think its game over and when everyone think sometimes oppossite happen SL can be tight so we have extremely good odds
why this level its fib support from 2 lows of previous bear market to current ATH also we have MONYTHLY EMA there so this is...
trend line can be drawn different ways if its drawn from bodies open close then we already broke it and retested of course now it can be just fakeout but structure of making lower highs still points to danger area if we break previous low horizontal line its sure signal that crash is there
on edge of mega crash I have long time feeling this not going end well with stock market and this triangle is almost perfect textbook of perfect signal for incoming disaster
not saying nothing yet but if it make decisive break I expect horrible crash at least similar to last year march
neutral for now, of course you can try long with thight SL technically its OK...
I expect big massacare and blood bath in btc market its pointless to compare with previous bull runs 2013 2017
2 things have changed we have many big institutions and whales playing plus we have more naive retail traders who go all in 100X etc this not going to end well
if you thought this was it then sorry but it was just beginning I have cold hard proof how...
I expect another drop to around 33 to 30.8K area I see some inflows to exchanges and in past these were very good inidcators of crashes
lets see nothing moves in straight line and now is no exception
entry 38150 SL 38.6
if you hold alts ok hold them bbut this would be well managed hedge against potential losses
it can drop from now it already was closse to these...
we have some inflows coming and BTC rallied quite a lot I expect some correction soon and correction up at this time just my notes lets see what will happen but if market goes down I will start to look for trades at this time frame if it goes up a lot short if goes down al lot long will update later
I give around 80% probability becausse its fib time extension...
we can try long from 35870 area plus minus 200usd SL below 32500 conservative tight SL 34900
TP1 39K TP2 41.5K 49 70K
currently no big inflows to exchnages so short term bullish can chnage anytime because daily trend iss not good but often bitcoin dont give chance to buy dip
I would expect strong bounce from this triangle for safe long it would need 1H or better 4H candle close above 42K and move should be couple thousands up so ideally around it go to around 43.4 44K and more come back at 42K entry 1 and 40500 entry 2 SL below 40K so something like 39.5 currently I dont see much if any inflows ready to dump so now we have bigger...
we have MONTHLY 9 EMA at 38K level if 41.5 to 42K level break this could be next possible entry we have some pivot lines also from january february so its good entry
monthly EMA is definitely worth noting if I draw fib from opening and closing of bodies not wicks then 23 fib line is also in this area so place multiple orders around this area 38.5 38 37.5 SL 35.9...
I copied price action pattern from april and it looks amizngly similar to end of april crash which lasted 8 days
at the end of april we hand very strong price action after 26 arpil which we lack now
thats why I believe we will go lower than current price its difficult to say exactly now but 41500 is possible for sure I would expect bounce from there and 40K is...
Im seeing lot of BTC inflow this night 01.25 so after everyone bought 42K dip we came now 3 times to 42K area and one time exactly to 2 dollars like my idea 42001 binance my idea was 41999 how cool is that??
Now I see medium big BTC inflow after last drop to 42500 AFTER so I really expect another drop and this time it will destroy all longers and SL we may go to...
short term but probabaly you will never see BTC at this price risky trade because only short term line but if looks like something is holding BTC and its ready to break above
very risky 45600 enter long
better we break at least 1000 plus so 46500 or something and come down there and then long
46500 we can try short with super tight SL 46700 mega risky but...
so after further anaalysis 42000 is fantastic for long its daily 200 EMA plus fib downtrend extension coming together exactly to the dollar moving averages are important
nothing else support BTC after this weekly broken all 1H and 4H EMAS broken there are lot of manipulation and fud with elon musk BS tweets exactly sunday and when BTC was 46500 you know what...