It may look like strong low is at 41 380 or maybe 41 100. And if you have stop loss there, I have good news, you are not alone, because there is 1 billion cumulative long positions getting rekt at the same time with you. Bad news are, well that you are not on the winning side. Or maybe I'm wrong and price goes up without correction and new liquidity. but I...
Preferably suitable for scalping and accurate as long as you watch carefully the price action with the drawn areas. With your likes and comments, you give me enough energy to provide the best analysis on an ongoing basis. And if you needed any analysis that was not on the page, you can ask me with a comment or a personal message.. Enjoy Trading... ;)
Trying to speculating how bitcoin can feasibly reach 6 figure targets by developing bull structure in the form of a large pennant. This would imply a significant pullback to form new lows targeting 14,525 in 2024. Would need to see signs of weakness around this current price range ideally 45.5k rejection, however price can continue further in which case the...
Hi friends, we still in bullish trend and on other TF we can touch 44700 without break 40800
Yesterday's shorts played out well with two successful positions, contributing to an overall positive day. However, overnight, a substantial swing disrupted liquidity from the upper side. Fortunately, I observed the move and promptly entered a short position at the peak with an extremely tight stop, which is now positioned at breakeven. I still perceive an...
Hello friends, Bitcoin has the power to climb and break the previous price ceiling
No one is aware of the big resistance on the macro , the 0.5FIB It is a big, level to watch. Support is the FWB:36K area , next resistance if successfuly broken is the Golden pocket area areound 50K
A retest is when a market price tests a previous level of support or resistance that was broken, and then tests it again to confirm whether it has now become a new level of support or resistance.
Hello there! I am back with my next short. I entered already my position and my first target is the area in the box. I will mention the reason for this position later in the updates in this idea. Stay safe
Hello dear traders. Good days. With following previous chart #037 after breaking weekly Gann Square Arc & Fan trend Line resistance in one price jump, it need get support from Monthly or Weekly Gann Square Fan trend line or even lower support from Monthly Gann Box level support. Good luck and Safe trades . Thanks for your support and comments.
Hello dear traders . Good days. BTCUSDT strongly broken weekly and Monthly Gann square Fan trend line and it will try to retest Monthly Gann Square fan line and continue . The resistance which has in ahead is Monthly 0.618 Gann Box level about 36400 $ , next resistance is weekly Gann Arc resistance which is about 38700 $ and finally it will reach heavy resistance...
BTC has recently breached 42k however, be careful as bearish divergence has appeared on daily time frame. This means that we could see some downside before further leg up.
BITCOIN UPDATE red support line must hold, if it does not we short! if we break the white dashed line we long to the white resistance line!
1-Just Compare the Volume responsible of the first PUMP of 59% With the Volume Responsible of the Second Pump... No comment. 2-The Last Whale signal Detected by a combination of VCH = 3 Times MA21, AND PCH OF 3% was in 23 October / You can use my Free Script : Whale Signal 4H MMS. 3-then the Price continue moving up with a weak volume, creating an Important FVG...
Hi folks today I'm prepared for you Bitcoin analytics. A few days ago price reached support 2, which coincided with the support zone and broke it. After the breakout, the price some time traded near this level and then tried to move up, but soon corrected the trend line. After this, BTC rebounded from this line to support 1, which coincided with one more support...
The growth of the BTC price has reached a vertical and un corrected value. For the growth trend to continue harmoniously, a correction would be helpful. Two GAPs have formed on the CME BTC chart in the ranges of $39310-40480 and $34100-34400, which would be good to fill. Altcoins can still "catch up" with the growth of the BTC price for a few more days, at least...
Currently we have struggles to breakout of 41,639 in a strong way on any of the timeframes except maybe the daily so here is just a short-term idea as to what a daily rejection would look Related to this daily chart
Hi Traders, Investors and Speculators📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. When it comes to Technical Indicators, speculators have many options to choose from. Do you prefer to keep it simple? If your answer is YES, the...