Artemcrypto
Bitcoin 12 July 2021 — Wedge BTC DOWNWelcome in Bitcoin short-term setup.
Bitcoin breaking Rising Wedge pattern, will move town to 31800 as possible target for the wedge. Remember stop loss above 34750.
Ripple Triangle in trend — XRP DOWNRipple forming triangle. Looking for continuation of the move, targets down 0.479
Stop loss above 0.670
Bitcoin Price Outlook 10-11 July 2021I see price coming down in down-trend channel after breakout from wedge. Seems to me 31600 is main target for short-term (up to 2days).
Bitcoin 4h Price Outlook for 09-10 July 2021So, what is wrong with Bulls?
Hopefully btc bulls will defend 35k and bounce prices higher. But if bulls fail to overtake, bears will take lower and shoot prices in low 30000-ish.
Binance Coin Possible DipBinance Coin shows setup of continuation, now even more clear using Elliott waves.
I am locating my stop loss above 330$ daily closing. This is high risky asset class, remember use affordable risk and protect yourself in case I am wrong.
🐋 Bitcoin Prepare for Buy 04 July 2021 🤨Price of bitcoin sloping in range further. Bitcoin went up today for +2.33%, which is in regular deviation.
Looks like price don’t want escape this price range for some reason. Price stays in tight bound of 37000 and 32000. This zone is not comfortable for trading, but it's creating a lot of opportunities for scalpers and daytraders. Sweet spot for whale feeding.
I am looking forward next days to see another dipping in and pullback towards selling zone.
Further buys will be revealed in upcoming updates.
Don’t underestimate the size of the real whale out there. It might chew everything on its way.
stay safe
Best regards
Artem Shevelev
Ethereum Megaphone StructureI consider price of ETHUSD moving inside Megaphone pattern, which will lead prices for another falling wave towards 1800-ish zone.
Ethereum Price Action Near Supply zoneToday positive response of the market slightly moved prices upwards to resistance bounds and if selling pressure continues with same force, we might seen a downward continuation from supply zone. I am setting stop loss zone above supply zone in 2300-ish.
Bitcoin Bullish Divergence and Bullish HopesHello dear community, here is briefly covered Divergences topic on Bitcoin.
Divergences on RSI is one of my favourite trading signals.
SP500 up-trend channelPrice of US stocks moving inside channel and might reach 4400-4500-4600 within next Month.
Corrections inside channel are possible, so take careful entry
Bitcoin Bearish BatPrice stays in the range. I see Bearish Bat pattern with approx. target 29500$ within next couple of days.
Bitcoin Fractal 23 June 2021I like what I see on btc price action. Looking forward moving upside. Possible realisation of the 2019 fractal movement.
Price showing descending support line, same as 2019, and seems like will pump up to moving average at higher price range.
Bitcoin Price Update 21 June 2021Price of bitcoin sidewaysing in 30-40k range.
Right now showing nice repetable parallel lines of resistance/support
Key 2 scenarios on the chart.
Looks like something pulling curvature upside, but resistance below 50k is quite strong.
Litecoin Price Action 17 June 2021Hello, here is the price action review on Litecoin to usd pair.
Seems like price compressing in the triangle and this give us opportunity to take action after breakout.
In the 2-3 days this triangle will be broken and price will approach nearest support/resistance zone.
Bitcoin trade idea prior Death CrossI will use opportunity to scalp some movement inside this range, going long from highlighted support zone of the range.
Price breaking out from the triangle on top of the 40-ish range.
Leaning price towards 37-38-ish — the area of expected rebound.
Expected target range in the Death Cross section of DMA50 and DMA200.
Best regards
Artem Shevelev
Bitcoin Still in triangle [Death Cross alert]Price of bitcoin stays in the range and there is high speculation zone for bulls and bears.
Death crosses are usualy strong bearish signal for assets like stocks or metals.
For cryptocurrency it is also strong signal.
Looking from the history there was a lot of Death crosses with quite good dump afterwards.
Remember, death cross is mid-term trading signal, giving us only possible trend direction for nearest months. Death cross not cancelling global trend of the asset.
Bitcoin Elliott Waves & Renewable Energy IndustryBitcoin Elliott Waves plan update.
So Bitcoin strugling to hold and fall down towards 30-ish zone as the possible end of sharp-ABC correction of current cycle (still there is chances for 27-ish).
Possible growth of Bitcoin to new ATH on the radar and might take a few days to develop the bottom before take off.
Despite recent China mining crackdown there is most likely China miners will be fine.
According to btc . top CEO Jiang Zhuoer - only unregulated China miners under treat of crackdown. Those miners who follow China regulations are fine.
Some of the miners indeed will shift facilities to less regulated regions like Central Asia (The region consists of the former Soviet republics of Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan). But this shift will open new markets for China as supplier energy and mining facilities.
Nowadays, China is leading the way in the renewable energy industry, by being the largest manufacturer, exporter, and installer of solar panels, wind turbines and they might want find a new markets across the globe to supply their products.
I expect increased demand in the mining facilities running on renewable energy during Q4 2021 and 2022.
Obviously market change shapes quickly and we have to be aware of uncontrolled risks. Stay focused on the balance of your basket.
Best regards,
Artem Shevelev
Bitcoin Price Analysis prior triangle breakout 🔀Hi! Price showing obvious triangle shape. Looking at the previous market movements and behaviours on right charts, you might notice same structure over past few years, with different end result.
Back in 2018 we saw the breakdown towards downtrend.
In the 2020 we traded similar setup with bullish outcome.
Notice interesting structure inside triangles. In bullish scenario I see wedgy shapes and in bearish structure I see descending channel and triangle.
Today price sloping towards apex of triangle and price developed few wedges inside triangle. Any breakout will be supported by traders which following market closely and in case of breakdown we might see last holders will sell out in fear if price shakes down.
Stay focused on the market behaviour on next 2 weeks, it will take time to confirm the breakout either way so don't rush trades in the panic.
Bitcoin Price Outlook 26 May 2021 - Prior CME expirationPrice of Bitcoin stabilize below $40000, looking for correction from down move towards 50-ish zone. Now price still inside curved area and might touch the resistance of curvature.
Take a look at indicators here on pic below
RSI showing nice Bullish divergence
but Price remain below DMA200 and DMA100
taking this 2 factors give us opportunity to see price rebound upside towards 50-ish zones to retest DMA100.
In fact there is CME futures contract expiration period for trades opened above $20000 and $30000, so seems like institutional traders fix their profits now.
Best regards
Artem Shevelev
Bitoin Shock TherapyBitcoin price did a -45% correction, so far price went below DMA200, which is indicator for long term traders/investors and if we will stay below it for reasonable amount of time, that would sinalize further dump.
IF price will manage break upside above DMA200 and stay above it, we could be safe in the long-term goals, and see btc floating around 100k by the end of the year.
Stay calm, make sure you running affordable risk.
Bitcoin Some Elliot Wave optimismHere is the Bitcoin on Daily, showing pretty nice wave setup
below is the pic of how it looks zoomed out
