Time to desicionApparently, it is a bearish flag , if that is true, it could lead us to low prices that would break the uptrend line that comes from 11k. This could probably take us to 43k.
Bitcoin-short
56K are the final golden target of OUR BTC expecting - this....Hello trading friends,
I hope you have a great day.
This can the way for BTC to our golden target 56K, which we still expect.
We will update soon new targets for other coins.
@ there was before some hype for coinbase IPO, and this now already done.
down we go btcjust an update from the last idea, didn't fall as far as i thought, but the sentiment is definitely switching now. repositioned from the last move, i believe we could break 55k this time right down to 54, 52 area.
Cold Blooded Revenge ⤵️ ☠️Looking for the Bitty to drop to 53500 but Im out at 54600 in case of front running and I want to put a buy in at 54k
The BTC chart nobody wants to see right nowAs a turbo bull myself, im staring at this thinking, how many monthly candles of vertical pump can we expect before it tips over and corrects itself? Honestly.
If we look at volume we can see its clearly slowing down, meaning most people are already bought in and hodling and the influx of fresh buyers arent enough to sustain these prices.
Most rich people/companies that come in dont buy spot price on your average exchange, they are buying over the counter and are handed btc instead of going through order flow.
OBV is also showing lower high's (so far)
Lets also hope that the DXY doesnt show a pump trend from this wedge(which usually is inverse correlated to commodities)
For this pump to continue we need to see april candle breaking previous high and sustaining it, we need increasing volume coming in from buyers or I actually think this will start to go down abit.
Fib target puts us at 29-40k area, where January peak volume is also around that area so its more probable that it should hold.
So "worst" case scenario is 30-40k but still bullish bias.
BTC bitcoin weekly camarilla shortEntry level H3. Stop H4. Targets L3 / Pivot / L4-L6
Camarilla pivots weekly levels
BTC down a bit?It has been moving down below after range break, I think it might be heading to the bigger support trendline
BTC bitcoin. Weekly reversal short swing setupEntry around H3. Stop loss around H4. target L3 and Pivot and maybe lower.
Monthly pivot coming in a few thousand lower. If price does not take out the H4 by monthly close it will much more likely play out.
BTC/USDWhite lines - analytics
Green lines - thoughts of long : 60%
Red lines - thoughts of short 40%
I don’t understand exactly how Bitcoin will behave, but I see that the chart is in the pennant for this reason with 60%; the likelihood of bitcoin growth if large whales do not prevent it.
BTCUSDT 4H | Bitcoin market overview: Double topHello, dear subscribers!
In the previous review, we considered growth as the main option of bitcoin price movement.
Since then, the bitcoin price has added about $4,000 at the peak, almost reaching its all-time high of $58,382.This formed one of the common reversal price patterns, a double top.
According to the MACD and RSI indicators, we see a decrease in the strength of the rising trend. This at least indicates a price correction.
OBV indicator showed its absolute maximum - 2.2M. The main support levels are 2.15M and 2.1M. Closure of the indicator below these levels will indicate the formation of a bearish trend.
The current support levels are $52,000 and $48,000. The current price is $56,000, which is much higher than the levels. These levels will be the current targets for the bears. Buyers should watch them closely.
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Gimminy Crickets!?Have any of you ever wished upon a star? LOL
Held this thing for a while now. I don't care... Feel free to "Edumacated" me LOL " Oh, well you just do get it!" Story, story, narrative, talk, talk, BLAH... Umm Ok yeah whatever I am still selling. What's next? Would you want to talk to me about Embercoin and oooh how about Dragonchain !? 3...2...1... Gainz LOL
What are your thoughts? Is it bad that people like to realize gains say "Cool! More Dollars now!"
-No advice to give just thoughts that I can't shake after the last 6 years in the world of "CRYPTO"
""KEEP CALM AND MANAGE THY RISK!""
BTC swing trade bitcoin shortEntry H3. Target L3. Stop can use weekly H4 for more tight. or above.
Camarilla pivots monthly levels + CPR.
EDIT. sorry the bracket is supposed to go down to the L3around low 40k area
BTC not to the moon, yetWaiting to see what happens around the 44500 - 43000 price area
Be patient, and be ready with cash just in-case. I'm in wait and see mode until RSI values on the 7h turns starts to turn around
Wondering if we'll see 41,000 & 38,700, could be a steal of a price.
btc bitcoin weekly short swing setupI would put the stop somewhere between h3 and h4. however h4 would be the widest or safest recommended. but it is a bit risk adverse so I would not over position if attempting the trade.
using camarilla weekly pivots + cpr centra pivot range
BTC/USDT (4H) ShortTerm correction of Higher Degree Hi Traders,
As you can see, we finished 5 step impulsive wave from around 4K to 58K. Right now correction is highly apreciated :D
Wave A looks like it´s going to be a ZIGZAG. A:3 = 1:1 but dont take it as dogma.
Strongest support is around 37-33K where (wave 4) Where could be great BUY zone. So breath deep, relax and enjoy the ride. My buy indicator will be based on Elliot wave count of Wave 3 (5 subwaves) + Konvergence of RSI on 6H or 8H RSI.
Trade safe
