As you know, I haven't been taking the time to share ideas lately But now the market is at a critical point and I think it is time to provide an update As you can see, I have entered a sell position See and read additional information in the chart wish u all the best :x
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There's a confirmation zone This Zone was Confirmed By 1- PA 2- S&D 3- All TIme FIB retracement 4- All Time FIB EXT 5- All time Pichfan 6- all-time Dynamic lvls 7- EMA 50 200 Confirmed Downtrend 8- Willy confirmed the downtrend 9-Ichimoku confirmed a downtrend on D- 4H 1H
so, right now, were playing below this lvl, u can check it on the chart, and read the chart so, not even Close 2 b bullish, or not yet also it can b good entry for scalp trades in lower TF like this
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Pulled back 2 the level what's ur call :) ill take it as a pullback to the broken level
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Rejected Daily Candle Closed below the Fib and Dynamic lvl
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Daily TF and willy Willy telling us there might b another bull pressure to the dynamic and Fib lvl it means we can see some buying pressure below this lvl but the point is, as long we play below this lvl, it will b bearish
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Daily TF & Ichimoku theres a yellow line in my ichi which is SenkouA lvl price need to break it down and play below it it will b our Ichi confirmation for next downtrend move and we dont have it yet it means we might see some bull pressure again, as willy said
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Daily TF & EMA 50 - 200
also we dont have bearish Cross at EMA 50 - 200 in Daily TF it means its not going to b a fast dump we need some time for collecting bull pressure, mayB 3 or 4 Weekly candle or 20 Daily candles
so, after all of this were playing below the lvl price get rejected from major resistance in Weekly and Daily TF Willy telling us there might b bull pressure Ichi telling us telling us there might b bull pressure EMA 50 200 telling us there might b bull pressure but were not bullish anymore, we need confirmation and as long we play below this lvls, we can use scalp trades for daily trades, and wait for confirmation at Higher TF
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sorry, in my Ichimoku, SenkouA is white, i said yellow, my bad
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theres an update for scalp trades that i said befor as u can see theres a new white lvl, which is mid term fib lvl ( 0.618 fib retracement ) golden ratio managed to keep the price for 2 touches, but it will break down im using this lvl for trend confirmation at daily or 4H TF, u can check the white lvls and price
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we can expect this move 27168 ( 1.414 all time fib ext ) to the 24756 ( 1.272 all time fib ETX )
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Now we have Ichimoku confirmation in Daily TF
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theres a bearish pattern in 1H targetconfirmed by mid term Fib and all time fib ext at 24756
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EMA 50 - 200 confirmed this move with bear cross at 1H TF
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Last move 27168 to the 24756 confirmed by PA Time to test all time Fib EXT at 24756 So . . . Potential dump for market If price break 24756 down, ill take it as a new resistance lvl Can b good for scalp trades There will b an update if we break that lvl
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Here we go, 24756 touchedits our new prime lvl We need 2 break it down for nxt target which is 23923 and then 22252 and then 20157 We need confirmation lvl by lvl Also we need break this lvl in daily or 4H TF
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As i saod befor, we r playing between 2 FIB EXT lvl 27168 and 24756 As long we play above it, we can expect another buy pressure If candles break it down, will b our confirmation for next move around 21k
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If u trade long at this lvl, make sure u save some. Dont risk on ur profite below the short term fib ( white line )
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Short term fib lvl managed to keep the price so far so good I will revers my scalp trade at the lvl There will b an update if price touch that lvl
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Just Closed my Long scalp
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Ok, i guess it will b enough I just revers my posation Expecting this move
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if u didnt get in, b ready, wont b valid if break up in daily or 4H TF
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Rejected in 4H
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Still rejecting from this 2 Long and mid term Fib lvl
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still rejecting
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still valid
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rejected from fib EXT touched the dynamic lvl as long we play above the 29098 in daily TF, we dont have bearish confirmation yet lets wait for that
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we need break down this dynamic lvl and test 29098
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still fighting at dynamic lvl
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we lost dynamic lvl after this big red candle look at this "DC Candle" it means we can take this lvl as a potential resistance area in next touches
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lets see how daily candle will close at this lvl make sure u check this lvls in higher TF cause its all time chart
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BTC Daily and Weekly Swap Area + Fib channel + Ichi read the chart
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BTC Daily + EMA 50 - 200 + Weekly Swap EMA Still bullish in daily TF but we have bear cross in lower TF like 4H 2H 1H
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Check potential mid-term move playing between these 4 lvls rejecting from swap area which is lvl 2 Still waiting for ichi bear cross at 4H TF
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Now we have ichi bearish cross below the Swap and DC Candle, also all time dynamic lvl in 1H 2H and 4H TF
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Rejected from swap area and DC candle, also ichi conformation was amazing, now we need to break down 28098 in higher TF
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as we expected were teting all time fib Retracement at 28098
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Now we can take this zone as a potential resistance area here
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max buy pressure with shadow - 28098
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Rejected from the Daily and Weekly Swap now we have ichi bearish cross
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Ichi in History - Daily TF
Ichi bearish cross - 54k to the 29k
Ichi bearish cross - 54k to the 29k
Ichi bearish cross - 40k to the 18k
Ichi bearish cross - 22k to the 15k
Now we have ichi bearish cross at 30k ;)
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We need 2 test 22450 for this mid-term move Ill share the chart ASAP
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Rejected from 28098 which is all time fib retracement 0.618 golden ratio, also confrimed by EMA 200
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BTC USDT - 4H Classic Price action + Trend line
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there's a New update for mid-term scenario that u can check in the profile
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after 17 feb 2023 EMA 50 - 200 was playing bullish till now
Now we have the Bearish Cross in daily TF after 222 days
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Rejected from golden ratio one more time
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Still rejecting from the golden Ratio in daily TF
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hype of ETF and were playing at 31k again i hope it wont happen still bearish for long-term scenario
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