We need to flee this market for a while like previous idea, it still has possibility to make price lower and lower soon
I see some more upside for 31k with btc trading range. I think this bullish will be the great fake for all traders. It will probably make move looks like the Bear cycle is over but when I see a MACD. It always tells that 14k is much possible. I will consider short btc around 31k. I won't buy btc for now. I would rather wait to short this bad boy. Enjoy...
BINANCE:PEOPLEUSDT forms a local bottom, breaks the resistance of the descending wedge and one of the key levels within the realization of consolidation. A new corridor is opened As BINANCE:BTCUSD tests a local high near 26800, an altcoin reaction is forming. Even though the SEC has postponed the adoption of BTC-ETF indefinitely, the market is getting a...
#BTCUSD I wouldn't consider any long positions in Bitcoin until we see the equal lows around 24,800 being taken out. If we confirm a Short ORDER FLOW, there could be potential short positions with targets down to 24,800.
from the last two ways of btc I considered that the wave 5 is not finished yet and after a little more correction bitcoin should start a strong bullish wave. USDT dominance is also like this pattern(flat)but it is reverse,I try to keep it updated.
lets check this ; hello everybody its the time to catch a good pump but careful for now i will take care on sell positions after btc break last major swing im gonna to be a buyer. play pro
✅As I expected, Bitcoin fell to the 🟡 Price Reversal Zone(PRZ) 🟡 at the weekend. 💡Bitcoin has succeeded in forming a Falling Wedge Pattern . 💡Also, we can see a Regular Divergence(RD+) between two successive valleys . 🌊According to the theory of Elliott waves , Bitcoin seems to have completed wave 5 in in 🟡 Price Reversal Zone(PRZ) 🟡 🔔I expect Bitcoin...
When I checked at TRB, I can see there is a daily bearish OB at $70 that we need to mitigate before we can see any rejection in price that’s why I’m taking a long from here and short when it get to the daily Bearish OB above….
Have to count in the possible event of a straight vertical bitcoin price soon. 1.Extreme Fear on Bitcoin & SPX? 2. Retail is not buying (less and less money)? There's someone with capital holding the bid at 24.5k-27k relentless purchasing at a slowed pace so when ever retail or "weak hands" are selling the spot BTC price gets held at 26k MSTR continues to...
BTC Chart in the weekly timeframe, after setting an all time high ($19660) BTC has formed a Flag between $2,972 & $13,880. and had formed a very wide and long trading range ! As the formation of this flag, price has made a 2TB (2nd time back) to the lower FL and according to the huge buy orders which we can see in the candle formation, a new uptrend had...
In the daily TF, after engulfing the $16,218 area, price started to accumulate. This accumulation took almost 60 days and BTC had very low fluctuation but after the accumulation price started to break all the SR lines and even the mid-term trend-line. As a result of these engulfing these SR lines, we can see FTR zones were formed and had supported the rise in...
Hello 🐋 based on the chart, the price is close to channel resistance ✔️📚 main target is more correction to the downside, at least close to 24k is our main target ❌🧨 and range candlesticks to the upside and downside before any other sharp movement is logical 📖 👌 Notice: pay attention to the price on shortcut chart (located above the main chart with black colour)...
Introduction: In recent times, the cryptocurrency market has witnessed a significant surge in volatility, causing traders to reassess their strategies and approach. Notably, Bitcoin (BTC) has experienced an unprecedented level of implied volatility, surpassing that of Ethereum (ETH) over the last 10 days. As a trader, it is crucial to recognize this heightened...
Hello everyone! I hope you are having a good day and keep making profit despite the crypto market condition! Allow me to express my idea regarding Bitcoin Basically, some important factors regarding Bitcoin: 1. Zone with dashed yellow lines, is a range that I have identified. You can see a "sweep" / liquidity grab on the bottom of it (Range 25199-27846) 2....
💡Bitcoin is moving in a Falling Wedge Pattern on the 1-hour time frame (yesterday's post).👇 💡In the 15-minute time frame, Bitcoin is moving in a main ascending channel and in a secondary descending channel . 🌊According to the theory of Elliott waves , Bitcoin seems to be completing corrective waves inside the descending channel . 🔔I expect Bitcoin to...
LEVER UPDATE: LEVER Broke out from daily resistance and flip to support already…. Is currently consolidating for another leg for uptrend movement to 0.002259…. Risk to consider a short from here not until it lost support on daily TF…. Wait for bearish OB to mitigate at 0.002259 if considering a short on LEVER….
We have a potential right shoulder forming here at the HOP level of a small Bearish Deep Gartley with impending PPO confirmation. If it plays out, I think it could go back below 26k.
After the short-lived spike under 25400 horizontal support (also for a very short time under 25k), Bitcoin started to reverse reaching the 27.500 mark. A new drop followed, but buyers sustained the price at 26k. At this moment a possible higher low could be in place and, in the short term, we could see more upside. That being said, I'm looking to buy dips in...