BTC 0 or hero? 📈 Chart Analysis:
falling wedge: Top tip wait for breakout and retest of the AVWAP before taking a long, however we did get an engulfing candle on the reaction from the 150ema so i have gone long already trying to front run patterns is not the best thing to do so be cautious if you are to do the same!
We got the retest of the Head and Shoulders resistance in prep for the latest sec vs binance news which took us to out first target 150EMA: top tip play any SHORTS super carefully here as the reaction from the 150 was extremely bullish but know we could still see out lower avwap target currently at the 18k area 😉
additional info!
Currently in a Stage 3: where we look for Bullish continuation patterns (falling wedge) and/or topping patterns Head and shoulders
OBV still in a stage 1 and looking weak!
🔔 Risk Management:
Adjust your position size based on your risk tolerance and use proper risk management strategies, such as trailing stop losses, to lock in profits as the price moves in your favor.
⚠️ Disclaimer:
This analysis is for educational purposes only and should not be taken as financial advice. Always conduct your own research and consult with a financial advisor before making any trading decisions.
1-BTC
BTCUSD, D1 | Could we see a bounce?Today we're looking at BTCUSD on the D1 timeframe. We can see that there's a nice bit of bullish momentum with the ascending support, Ichimoku cloud and an overlap support. Along with that, there's a nice 50%Fiboancci retracement too.
A bounce from here could see prices head up to the recent swing high resistance of 30700.
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Market Update - BTC, ETH, SPX, NQ, DXYThe SEC targeting Binance is a major blow to the biggest crypto exchange.
BTC lost more significant levels than ETH which managed to bullishly hold structure.
Both the NQ and SPX are significantly up with the beginning of some failing structure
however a bit early to confirm.
The DXY had a breakdown last week which bullishly back tested its yearly open
However it is distributing quite heavily on the daily time frame.
The higher timeframe BTC cycle is still playing out, if 2020/2021 was the bull market, 2022 was the bear market, then 2023 is clearly the transition period going into the next halvening.
Generally the Crypto markets held much better than expected and given the gravity
of the SEC filings against Binance, either way our recommendation is to be cautious with
holding capital on any exchanges. Remember - "Not your keys, not your Crypto"
BRIEFING Week #23 : Ticking TimeBomb on CryptosHere's your weekly update ! Brought to you each weekend with years of track-record history..
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Bitcoin (BTC) • Chop with unfavourable funding rates Hope you had fantastic weekend guys.
Ok I managed to make a more shorter video.
So while we are trading under 27.2 things are not looking great specially with unfavourable funding rates as discussed.
In the video I walk through futures data, order-book data and price chart.
Remember is not about being right but about to use set of heuristics according to our time availability that allow us to define criterium set of rules to manage risk.
Don't forget to like and sub.
BTC USD SOONBTC USD Soon will drop to $25000, so basically it will be our Entry point I made a good video of showing you guys my prediction for it Thanks for watching my vid!
Black swan event or pump? $BTC update!📈 Chart Analysis:
Potential falling wedge: Top tip wait for breakout and retest of the AVWAP before taking a long
Are we retesting the Head and Shoulders resistance in prep for a "Black Swan" event that will take us to our low target?: top tip for an early SHORT position you could take the short now and place a stop above the highest high of this retest OR on the falling wedge break out area ;)
additional info!
Currently in a Stage 3: where we look for Bullish continuation patterns (falling wedge) and/or topping patterns Head and shoulders
OBV still in a stage 1 and looking weak!
🔔 Risk Management:
Adjust your position size based on your risk tolerance and use proper risk management strategies, such as trailing stop losses, to lock in profits as the price moves in your favor.
⚠️ Disclaimer:
This analysis is for educational purposes only and should not be taken as financial advice. Always conduct your own research and consult with a financial advisor before making any trading decisions.
Bitcoin: Could we see a new push down to support?Today's focus: Bitcoin
Pattern – LH, leg lower.
Possible targets – 26,330
Support – 26,330
Resistance – 27,890
Today’s update is on Bitcoin as sellers have started making a solid move against the leg higher we have seen recently. Overall today, money has been moving out of risk currencies and into safe havens. This includes crypto, which has been treated as a hedge in recent history.
Did we see a new LH set up this week, and will today’s resistance hold after that sign set up a new move back to support? If buyers can get back control, we may still see the leg higher live, but for now, we are watching if selling is going to accelerate.
We feel a hold above 27,000 is a key for buyers, and a move back to or through 26,330 support will be a win for sellers.
Thanks for stopping by. Good trading, and have a great day.
BRIEFING Week #22 : Crypto Volatility ExpectedHere's your weekly update ! Brought to you each weekend with years of track-record history..
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BTC - Detailed Video From Daily to M30 📹Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
Here is a detailed update top-down analysis for Bitcoin.
Which scenario do you think is more likely to happen? and Why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
BRIEFING Week #21 : Let's do our Regular Update !Here's your weekly update ! Brought to you each weekend with years of track-record history..
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Bitcoin: Bulls VS Bears: Battle of $26KHi Traders, Investors and Speculators of Charts📈📉
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 🏫
A quick analysis on Bitcoin. Over the weekend we may see some volatility as the bulls and the bears battle on the current support zone at $26400.
It is my personal view that this trendline will hold , due to a macro market perspective analysis that I did a couple of days ago which pointed towards BTC being in phase E of the Wyckoff Method market phases :
Incase you missed it ! A new altcoin that leverages memes and the hype of AI : AIDoge :
BINANCE:BTCUSDT BITSTAMP:BTCUSD COINBASE:BTCUSD KUCOIN:BTCUSDT COINBASE:BTCUSDT OKX:BTCUSDT BINANCEUS:BTCUSD BITFINEX:BTCUSD PHEMEX:BTCUSDT
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