BTC Elliot Wave 3-4 : CORRECTION Before HALVING📉Hi Traders, Investors and Speculators of Charts📈
Fractals are a helpful way to identify how markets have previously moved. When identifying a similar pattern, it can be useful to speculate future potential price action.
Here we'll take a look at how the previous bullish cycle played out. By following Elliot Wave Theory, we can find a target for a potential bounce zone for the current corrective pattern.
Find HERE the method I used to call the bullish cycle early:
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BTC/USD Buckle Up for the Rollercoaster Ride!Hey there, crypto comrades! It's time for another wild ride through the Bitcoin rollercoaster – grab your helmets and strap in tight!
So, let's rewind a bit and revisit our last analysis. We talked about the harmonics pattern, the testing of support zones, and all that jazz. But guess what? The plot thickens! With recent developments shaking up the market, it's time to roll up our sleeves and dive back in.
Picture this: Weekly charts flashing higher highs, daily charts giving us not one, not two, but three touch retests of the almighty $60k support (aka the previous ATH). It's like watching a high-stakes poker game unfold, and we're all in!
Now, here's the million-dollar question: Are we ready to enter the fray? Well, it's decision time, folks. Sure, there's still a chance Bitcoin could take a nosedive down to $30k – but hey, where's the fun in playing it safe?
Yours truly is throwing caution to the wind and making a move. Call me crazy, call me brave – but hey, fortune favors the bold, am I right?
But hey, let's not forget the golden rule: Always trade responsibly, folks. This ain't no game of Monopoly – it's real money on the line. So, if you're feeling adventurous like yours truly, go ahead and take the plunge. But if you'd rather play it safe, nobody's judging – except maybe the crypto gods!
And hey, just a little reminder: While we're busy riding the Bitcoin wave, don't forget to keep an eye on the news. You never know when Elon Musk might decide to tweet something that sends the market into a frenzy!
So, here's to the thrill-seekers, the risk-takers, and the crypto enthusiasts – may the odds be ever in our favor!
Keywords: BTC/USD, trading update, Bitcoin analysis, support zones, resistance levels, risk management, trading decisions, volatility, investing, cryptocurrency news, rollercoaster ride, probability, dollar-cost averaging, trading advice.
04/14/2024 - Bitcoin & Crypto - Video IdeaBitcoin & Crypto market video idea by @NoFomoCharts
BTC/usd, TOTAL, ETH/usdt, BNB/usdt, SOL/usdt.
04/14/2024, 09:15PM EST Video Idea.
Technical Analysis & Educational Chart Videos.
Follow, Comment, Boost, or Cheer to support. Thank you!
All content is Not financial advice.
BTC Bitcoin Technical Analysis and Trade IdeaExamining Bitcoin (BTC), this analysis identifies a potential short-term long trade. We'll be deconstructing the current price trend, meticulously evaluating recent price action, gauging market forces, and targeting a potential entry point aligned with favorable technical indicators (further details provided in the video). However, I cannot emphasize enough the importance of robust risk management practices. By its very nature, this video is for educational purposes only and should not be interpreted as financial advice.
BTCUSD Quick Video Idea - 2024.04.08EASYMARKETS:BTCUSD
Disclaimer:
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Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. easyMarkets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Markets Have Turned Bearish. How Far Do We Pull Back?Traders,
In this market update I am discussing the numerous "M" Patterns that I am seeing on the crypto charts. We'll talk about where we possibly could pull back to. And we'll take a look at the U.S. stock market: DXY, VIX, SPY, and NVIDIA and the impact they are having on crypto right now.
Apologies for the quiet voice. I will ensure this is fixed before the next video.
BTC Bitcoin Technical Analysis and Trade IdeaThis video explores a potential Bitcoin trading opportunity using technical analysis. We'll examine the current trend, price movements, and market structure to identify a potential entry point should favourable conditions materialize, as detailed in the video. It's crucial to remember that sound risk management is an essential component of any trading strategy. As always, this presentation is for informational purposes only and does not constitute financial advice.
BITCOIN - My Thoughts On This Price Action Plus More...When I take my time to compose my posts, it typically indicates that I'm engaged in background analysis. Through experience, I've come to understand that when one's mind is solely focused on trading, important factors can be overlooked. Instead, I've adopted a habit of conducting thorough analysis. Currently, I've identified a potential long-term count for Bitcoin that suggests we may be at a peak.
In presenting this perspective, I offer various clues to support this notion. However, the most significant indicator is the prevailing pattern at the market highs, which indicates a probable downward movement in price. Ultimately, the decision to act on this analysis hinges on one's trading strategy and risk management approach. While certainty is elusive in trading, the observable price action at the highs provides compelling evidence to consider a short position.
After reviewing the accompanying video and examining the evidence presented, I invite you to share your thoughts by leaving a comment below.
BTC Bitcoin Technical Analysis and Trade IdeaBitcoin has exhibited a bullish trend, prompting us to seek a potential buy opportunity. Presently, it has retraced to approximately 50% of the previous price swing on a 4-hour time frame. In our video analysis, we delve into trend dynamics, price action, and market structure, emphasizing key aspects of technical analysis. It is essential to note that this trade idea represents my personal opinion and should not be construed as financial advice.
BOME & POPCAT ANALYSIS - A Clue To Bitcoins Price Action...I've been experimenting with these recently introduced coins to gauge if they offer insights into Bitcoin's future price movements.
Currently, there's a possibility that all three could trend downwards. It's prudent to acknowledge that we might still be in the midst of corrective phases in these movements.
For now, my stance is bearish unless there's evidence to suggest otherwise.
Bitcoin Slows Down At 70k As Nvidia Keeps ConsolidatingHey guys,
Cryptos are bullish no doubt, but I am just wondering if 70k on bitcoin, will be strong resistance in the short-term, now when NVIDIA is coming down a bit. I see nice support for NVIDIA near 800. Not sure if we will see this level, but it looks like that correction on stock is not finished yet, so possibly there will be a delay on new break higher on cryptos if stocks would really pull back for end of the month and end of the quarter flows. Also, dont forget on the Easter holidays which can certainly have an impact on the markets.
Let me know if you like the video please in the comments below, or what you want me to cover in next updates.
Thx,
Grega
BITCOIN - Back Into Trading Mode, But Here is What I Found...Yesterday, I mentioned my intention to assume a spectator role, concentrating on analysis to comprehend our current position thoroughly.
This approach allows me to equip myself with insights necessary for delivering daily videos featuring insightful trade ideas.
In this latest video, I've begun to shed new light on existing patterns, introducing fresh logic and ideas aimed at rejuvenating the trading experience through AriasWave.
With a 24-hour pause in price action, I've had the opportunity to methodically examine all the waves, providing a solid foundation for anticipating future movements.
Consider this video merely an introduction, as there's a wealth of material set to be released daily from this point forward.
BITCOIN - My Thoughts on a Possible Topping Out Process...I've presented both a bearish and a bullish perspective. However, there are certain indicators I'm keeping an eye on that suggest the bearish scenario could unfold, which I'll discuss in more detail shortly.
For now, i'd like to share my reflections on the current wave structure.
If we haven't reached the peak yet, it's likely due to flaws in my wave count, which I intend to rectify in the coming days through further analysis.
However, for now, I aim to provide a broader perspective before delving into specifics. I prefer to observe without trading to gain a clearer understanding of our current position.
While other cryptocurrencies may indicate a peak, it's essential to remember that altcoins can peak before Bitcoin. I'll contemplate these factors before revisiting the intricacies of wave analysis to offer a more precise count.
Over the next 24 hours, I'll maintain a spectator role, closely monitoring the 60,757 level. I refrain from predicting tops and bottoms without corroborating price action to support my analysis.
BTCUSD - Pattern Matured - $125k-$275k Targets
Title: BTC/USD Trading Analysis: Harmonics Pattern and Loading Zones Explained
Summary:
In this BTC/USD trading analysis, we delve into the intricacies of the market dynamics since August 2022. Observing the formation of a harmonics pattern, we witnessed the testing and confirmation of the previous low loading region as support. However, recent developments have seen a break through this support level. Upon closer examination at the daily timeframe, it becomes evident that the market is treating the loading zone, particularly at the monthly level, as support once again, potentially confirming another loading zone.
It's important to note that trading is inherently probabilistic, and the analysis provided here does not constitute trading advice. Traders are encouraged to exercise caution and conduct their own research before making any trading decisions. Dollar-cost averaging is emphasized as a prudent approach, and it's worth remembering that investing often yields better results than frequent trading.
Wishing all traders the best of luck in their endeavors.
Keywords: BTC/USD, trading analysis, harmonics pattern, loading zones, support, resistance, trading advice, dollar-cost averaging, investing, probability, risk management.
BTCUSD And Understanding what is RealityHey Guys, filming this one from the South of France before off to Monte Carlo Later!
As we said previously, the rally up to early resistance on BTCUSD was fended away, as we suspected.
If you are sitting on your hands waiting (diamond hands) You may be sat for a long time...
ANY market needs a reason to rise.
Markets tend to take longer amount of time because economic stimulus has to change.
Anyhow, this is what we are looking for now!