Long QRDOUSDTLong QRDOUSDT
I will enter this trade after a break and retest of the monthly open zone of 7.65
Entry trigger 4H close below the 7.64
1st target 9.5 zone
2nd target 13.24 zone
Invalidation daily close above the 5.71
Bitcoin-trading
BitCoin Falling wedge? 1st Time Sharing. <3 You All! :-)Is the Naughty Bit trying to give us a Wedgie? :-)
I was just thinking, I have never shared with the community. I LOVE this community and I have learned so much from you all! I want to give something back, so I am sharing. I am not a pro and I do not have a lot of money, but learning to trade and do technical analysis has quickly become my passion! I really think TradingView and the wonderful people here saved my life. I think the TradingView community is absolutely amazing and I just want to give something back. So I will be sharing more, and I hope someone gets some value from it.
Never give up, or think your're "too late" to make money. It's never too late to learn how to trade and I believe in you!! If you're here, you have what it takes to make money. Just try to make money, not get rich quick. :-)
OK, that's it. I love you all! Remember to have fun! This is an amazing time to be alive and we are all so lucky, so lets try to have a little fun and enjoy this wonderful time to be a trader! :-)
Not Financial Advice. Please do not take a trade based on this, it's pure speculation and I have no idea what will happen. We are all learning together, and I want you all to make money. I am not a pro or a financial advisor. Thanks! Love you all!! :-)
BINANCE:BTCUSDT BYBIT:BTCUSD BINANCE:BTCUSDT BYBIT:BTCUSD
BTC, Magnificent EMA-Ribbon-Triangle-Pattern-Setup To Point ATH!Bitcoin in recent times is building an important structure, there are only a few days till the new year 2022 finally emerges in a broader context and important fundamental developments going on from a technological adoption and regulatory sight for Bitcoin and Cryptocurrency. The best always showed pivotal measurements and groundbreaking establishments moving on within the last month of the year and the first month of the new year, in this time-period Bitcoin and Crypto reversed from its huge bull-market in 2017 that set a paradigm for Bitcoin and Cryptocurrency and now in 2021 to the verge to 2022 we are at a point in which volume, technology, and institutional interest even increased a solid chunk more. In this case, now I discovered a main formational structure forming for Bitcoin that has been already seen in the past and which bares a high-likelihood-setup to finalize as Bitcoin holds above the 45.000 USD level now this is a central determination in which I detected all the important levels and upcoming destinies to consider.
Bitcoin EMA-Ribbon-Descending-Triangle-Pattern-Setup Forms Once Again:
It was the high of 2020 till 2021 bull market which formed in April 2021 and marked the beginning of the main descending triangle formation that is a huge factor in the pattern that followed upon it, the high in April 2021 also marked the high which followed the main corona pandemic recovery in which Bitcoin managed to recover in an absolutely exhilarating pace of the corona pandemics low. Once the whole descending-triangle completed and Bitcoin bounced within the EMA ribbons matching with the higher low trend line this was a origin of the great rally we have seen catapulting Bitcoin to a new all time high. In the current structure we can watch the very same mechanisms going on as Bitcoin managed to hold the EMA structure reaching from the 50-EMA to the 100-EMA and also bounced in the higher low trend line already, we can watch here the very similar pattern with a high possibility to finalize once again with a astonishing rally that can mark the new all time high for Bitcoin. How this pattern completes will show if Bitcoin manages to advance further in the new all time high region.
Upcoming Determinations And Prospects For The First Month January Of 2021:
Taking all these highly sophisticated determinations into the consideration and context here there are major factors on which we should be prepared when considering this whole pattern to complete again. Bitcoin will complete the whole pattern with a breakout above the upper boundary of the descending triangle as it is shown in my chart and when Bitcoin does so it will mark the beginning of a high-likelihood rally with a potential ABC-shape as we have seen it already in the pattern before. When this shape moves on again it will be highly decisive how Bitcoin actually moves into the new all time high region above the previous all time high, if BTC manages to hold above this region and actually set up on it this will mark the source of a continuation in this region. For now it will be important to keep patient and await the final confirmation before moving finally into the direction, as Bitcoin already holds the EMA-Ribbon-Structure strongly we can expect this whole confirmation to happen, this means we can expect the rally to accelerate in January, it will be an important development ahead.
In this manner, thank you for watching the analysis, enjoy the last days of 2021, and have a good time, it will be great when you support this analysis for more market insight and a kick-boost into 2022, all the best!
"Year’s end is neither an end nor a beginning but a going on, with all the wisdom that experience can instill in us."
Information provided is only educational and should not be used to take action in the markets.
BITCOIN, Ability To RETEST Main RESISTANCE, When THIS Happens!Hello,
Welcome to this analysis about Bitcoin and the 4-hour timeframe perspectives. In recent times a lot of events happening in the cryptocurrency field and in this case we have to notice that not all of them are positive, the regulatory pressures on Bitcoin and Cryptocurrencies are increasing with officials declaring Bitcoin or also stablecoins as a threat to financial stability where no real evidence is given that this is a realistic approach. On the other side technological developments in the cryptocurrency, field are moving forward this is not only shown by the ability of the whole Cryptocurrency-Market-Cap to hold above the 2 trillion US-dollar mark but also due to the fact that more bigger companies are looking for cryptocurrency adoption is certain ways. Fundamentally there is spreading increased inflation going on and a destabilizing of the Fiat-Money-System which is a more bullish indication for Bitcoin and Cryptocurrency on the long-term, in this case we also need to consider the technicals, therefore I detected the important levels and determinations to watch out in the current establishments.
When looking at my chart now we can watch there the main determinations going on with Bitcoin in an interesting constellation, Bitcoin has now started to form this main descending-triangle-formation in the structure with a coherent wave-count within the formation and the waves A to E almost already completed which means the full wave-count has finalized and technically the formation is ready to fully complete which will happen when Bitcoin bounces above the upper-boundary of the formation as it is marked in my chart, such a breakout will finally complete the whole pattern and will mark the setup for further continuations to the upside. Once Bitcoin then also managed to breakout above the descending-resistance-line the full origin is given for further continuations in which Bitcoin will approach the upper remaining main resistance-zone marked in red in my chart, nevertheless, it is important to do not underestimate this because there is a high likelihood given that Bitcoin will pullback after reaching out this zone, once this happened it has to be shown which formation develops further. Currently, we should await the final completion of the descending-triangle, bounce of the main support and above the boundary before moving to further conclusions, it will be an important development.
In this manner, thank you for watching the analysis, it will be great when you support it with a like, follow and comment for more upcoming market analysis, all the best!
"There are many roads to prosperity, but one must be taken."
Information provided is only educational and should not be used to take action in the markets.
BITCOIN (BTCUSD) – Week 50 - In consolidationHello traders,
This week Bitcoin is in a consolidation phase that has 2 possible scenarios. The higher probability scenario in our opinion is a move that will reach the blue trendline marked on the chart and then retest the support area at 42k. However if the price breaks the resistance area marked on the chart and consolidates above then we may look for the start of a bullish wave.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
BITCOIN, Bounce-Off MAGIC 350-Day MA Can Lead TURNAROUND-RALLY!The 350-Day Moving Average (MA) is an important Moving-Average for Bitcoin as it indicated several turnaround-rallies in the past once Bitcoin tested this EMA and properly bounced off the EMA to the upside. In the current situation, we can watch a very similar dynamic taking place and besides that, I discovered other indications that can lead to the main turnaround-rally when Bitcoin shows up with the further proper establishments. From a fundamental news perspective, we see the Bitcoin Network and technological adoption growing more and more, in this case, we can watch developments such as german saving banks to enable Bitcoin adoption to almost 50 Million clients, as well as the crypto wallet adoption growing. These trends are positive and seem to provide a positive fundamental outlook to Bitcoin and its development however on other side we should not keep the regulatory pressures out the sight that is still omnipresent, in this case, it is worthwhile to look at the technical situation which I do in this analysis.
Bitcoin And The MAGIC 350-Day-Moving-Average-Bounce-Indication:
As when looking at my chart we can watch there how Bitcoin in recent times after bouncing off the 350-Day Moving-Average as it is seen in my chart settled up to form a major rally to the upside and in this rally reached out the 2.618% Fibonacci-extension, in this case, the 350-Day Moving-Average-Bounce can be clearly marked as an origin of this major bounce to the upside. Once this bounce occurred Bitcoin moved on to increase bullish volatility-price-action and reach out to the appropriate final 350-day moving-average-bounce and Fibonacci-extension target-zone marked in green in my chart. Looking at the current situation we can watch a very similar development going on with Bitcoin already bouncing within the 350-Day Moving-Average and forming the wave-count-setup together with the orange box marked in my chart which is likely to mark the beginning of this main turnaround-rally which will finally take place once Bitcoin broke out the orange box and sets up for the further increasing volatilities ahead of the next times.
Upcoming Determinations And What We Should Conclude In The Current Situation:
Taking all these factors into the consideration here there are important determinations and conclusions to be taken out of this whole development, as when Bitcoin manages to complete this whole pattern again the target-zone of it will be between the 69.000 and 72.700 USD range, once this target-zone has been reached when the pattern finalizes anew the situation needs to be appraised again. For now, it will be highly pivotal to watch out how this orange box with the wave-count within the box finally completes to come up with the further determinations and the further conclusions we can project in this case. It is highly important to keep patient and do not over hesitate the market into a bearish scenario direction as it is often the case in such patterns that the market first needs to find an appropriate trend before moving into the direction that is set up for the market, so also with Bitcoin and its current setup forming, we will see ho it completes and then come to the further determinations, it will be an important journey ahead.
In this manner, thank you for watching the analysis, it will be great when you support it with a like, follow and comment for more upcoming market analysis, all the best!
"The past, like the future, is indefinite and exists only as a spectrum of possibilities."
Information provided is only educational and should not be used to take action in the markets.
BITCOIN, MASSIVE Head-Shoulder-Formation, Upcoming PossibilitiesHello,
Welcome to this analysis about Bitcoin and the 2-day timeframe perspectives. With Bitcoin showing up with the heavy dumping to the downside a new and interesting structure established on the 2-day timeframe perspective in which I discovered important determinations that will be worthwhile to consider in the upcoming times. In recent times we see a lot of mixed news going on about Bitcoin with technological developments such as Bitcoin ETFs moving forward while there are other less positive news such as the regulatory pressure regarding Bitcoin increasing with many legislators and regulators shooting against Bitcoin. In this case, it is necessary to take a closer look at the situation and do not overspeculate the whole market into one direction, while inflation is increasing and jobless rates are at a near 50-years low with the lowest jobless rates in the US since 1969 this is almost a more bullish indication for financial assets that are inflation hedges such as Bitcoin however we should not underestimate the volatility going on with Bitcoin and look on where the journey is heading.
Therefore as when looking at my chart now we can watch there what gigantic formation Bitcoin is now forming, this formation is actually a head-and-shoulder-formation with the left shoulder and the head already completed, and now as Bitcoin bounced back into the 140-EMA marked in red in my chart matching together with the neckline of this whole formation this is a likely origin for the major right shoulder to emerge from this point and continue to finalize the whole formation. The right shoulder bounce is likely to test the main remaining-resistance-cluster marked in my chart in red in the 60900 USD level from where a bounce to the downside has a high possibility to emerge which will complete the full formation. Essentially once the right shoulder has been formed and Bitcoin approaches the neckline in blue again it will be decisive on how Bitcoin approaches this level, when there comes a bounce the whole formation is likely to complete bullishly to the upside otherwise when Bitcoin increases bearish pressure and pullbacks below the neckline this will be a bearish completion of the formation and Bitcoin will project the targets to the downside, the same is made with a bullish confirmation, the bullish scenario has a possibility of 65% and the bearish one a possibility of 35%. For now, it will be paramount to keep patient and to await these suggested establishments before just rushing into the market, we will see how this evolves, it will be an important journey ahead.
In this manner, thank you for watching the analysis, it will be great when you support it with a like, follow and comment for more upcoming market analysis, all the best!
"There are many roads to prosperity, but one must be taken."
Information provided is only educational and should not be used to take action in the markets.
BTC small long and small short. sideways movement expectedTwo ways this market MUST go within this week. if you have a strong mind, like me, you can adopt the first option now, trading on the intar-day movement, using a trailing stop and lock profits at 3 percent with a very close stop loss of 3% also at a leverage of 4x, ie your activation price should be 3x but call back rate 1percent. if in case the trailing stop doesn't activate before the dump your stop loss will...or you wait for the 2nd triangle to dump in a few days. This is mainly based on wave analysis.
How BITCOIN Now Repeats The 2020 Corona-Crash-Dynamics!Hi Cryptocurrency Community,
in the recent Bitcoin-Crash we have seen Bitcoin almost crashing down over 30% and losing nearly 20K in price-value, this was a heavy dump which we have seen on the daily chart with Bitcoin and it nearly send shock-waves out through the crypto community, this dump was not only technical also fundamental developments were pivotal for the traction in this dump as we have seen the regulatory pressure increasing and several countries launch more restrictions against Bitcoin. Although this dump was heavy on the daily chart Bitcoin had similar such dumps in the past already, one historical highly devastating dump was the 2020 Corona-Crash-Sell-Out in which the Corona-Pandemic shocks through all financial asset-classes caused a chain-effect and was the origin of the heavy bearish downside price-pressure we have seen catapulting Bitcoin from 10.000 USD to almost 4.000 USD. Prior to this crash, we have seen some very similar developments as we can see now with Bitcoin actually setting up the whole heavy dump before with the wave-count-structure, it is likely that insiders always had their hands in this development and therefore I am looking at the current dynamic and as I discovered Bitcoin is forming some very similar movements that can indicate the further developments.
Bitcoin Corona-Crash-Dynamic-Repetition:
Looking at my chart we can watch there on the left side the actual chain-effect Bitcoin set-up before the heavy corona-crash-dynamics showed up and pulled Bitcoin to the downside. This was all set up by a first downside-impulse marked in my chart in orange with the number (1), after that Bitcoin moved into a sideways-consolidation marked in blue with the number (2), and once this sideways-consolidation ended Bitcoin showed up with the heavy-dumping-phase on the corona-crash-pressure marked with the number (3) in red. Once the corona-crash-dumpings finished Bitcoin managed to recover above previously established resistance-trend-lines marked with the number (4) in green. Looking at the right side of the chart now we can watch these very similar developments already established with the phases (1) to (3) already completed and as Bitcoin now initially bounced in the main support-ascending-trend-line marked in blue this has a high likelihood to be the origin of the phase (4) the same way as we have seen it back in May 2020 with the corona-crash-dynamics. In this case, when Bitcoin bounces above the descending-trend-line in grey we can expect phase (4) to fully develop, after that it has to be shown how Bitcoin moves on and if Bitcoin manages to recover and move on similarly as we have seen it after the corona-crash-dynamics.
Upcoming Determinations:
Taking all these factors into the consideration nowhere it will be necessary to keep patient and to keep calm to await on how Bitcoin potentially continues with the recovery that should be expected in phase (4) of this whole dynamic. This is always a central philosophy which we also managed to execute in the Elite VIP Crypto Channels as we executed great trades on the short-side with BTC, ETH as well as in the Altcoin Section, therefore from a trading perspective when such volatilities come up in the market we need to be not panicky, in such situations we should see the opportunities within the market and do not hesitate to overspeculate the market. For now, Bitcoin has some high possibilities given to actually complete this whole fractal similarly as it was seen in 2020 however therefore it is important that Bitcoin actually continues with the right confirmations that are necessary as already suggested otherwise when this does not happen such a formation can also invalidate. From a fundamental perspective it is essential that governments not overregulate the cryptocurrency space and on the other side better embrace this newly innovational technology and actually lie the right grounds for a further technological development of Bitcoin and cryptocurrency, it will be an important journey ahead.
In this manner, thank you for watching the analysis, it will be great when you support it with a like, follow and comment for more upcoming market analysis, all the best!
"The high destiny of the market is to explicate, rather than to speculate."
Information provided is only educational and should not be used to take action in the markets.
Long MaticUSDTLong MATICUSDT
I will entered this trade after a break and hold above resistance zone of 2.25 area.
Entry trigger 4H close above 2.25
1st target 2.63 zone
2nd target 2.89 zone
Invalidation day close below 1.98
BITCOIN, This CRUCIAL FORMATION Will Be THE Determining Factor!Hello,
Welcome to this analysis about BITCOIN and the weekly timeframe perspectives. In recent times volatility in Bitcoin and the whole cryptocurrency space increased heavily and led to important pullbacks in Bitcoin and other pivotal altcoins in the market, we have seen the bearish news side increasing significantly with the Bitcoin ETFs approvals getting rejected by the SEC and old economy people such as Charlie Munger yelling against Bitcoin and Cryptocurrency, besides that we have seen scientific studies released that mentioned Ethereum with a better use-case than Bitcoin. All these events lead to increased turmoil in Bitcoin and Cryptocurrency and are an additional source of these heavy volatilities, in this case, now Bitcoin is forming a highly crucial formation that should not be underestimated, especially in the middle-to-long-term-basis this can lead to an even bigger pullback as we have seen it recently already, therefore, I discovered all the important levels and upcoming determinations we need to consider in this case.
As when looking at my chart now we can watch there, Bitcoin forms this gigantic ascending-triangle-formation marked with the boundaries in black. In this triangle-formation Bitcoin has a coherent wave-count with the waves A to D already completed, now as Bitcoin tests the lower boundary of this gigantic ascending-triangle-formation this is a likely origin for a bounce to the upside and Bitcoin approaching the upper-boundary of the main ascending-triangle and completing the wave-count within there. When Bitcoin finishes this it has to not be kept from the side that Bitcoin has a huge resistance-cluster in this region where several resistances coming together which is marked in red in my chart, when Bitcoin approaches this zone a pullback will likely establish from where Bitcoin is set-up to complete this whole giant ascending-triangle-formation which will happen when Bitcoin finally breaks out below the lower boundary, such a breakout will be the origin for further bearish pressure and activation of lower levels ahead in the structure.
Taking all these factors into the consideration here in any case it will be important to be properly prepared on possible upcoming volatilities even higher as we have seen it recently, especially when this whole formation completes in the structure this can become very real. Therefore we need to not keep the bearish perspective from the desk here and once this whole formation has been completed we can project further conclusions, in this case when the targets have been reached it has to be shown if Bitcoin manages to hold this zone and properly bounce off it or just sets up for a continuation. Taking this further if Bitcoin shows up with these establishments this does not mean Bitcoin will move on forever with this as there are still solid supports in the structure there is still potential for Bitcoin stabilizing however as this increased volatility now determined the Bitcoin way as traders it is important to catch such volatilities and do the best of it to consider the market on the long- as well as on the short-side, it will be an important journey ahead.
In this manner, thank you for watching the analysis, it will be great when you support it with a like, follow and comment for more upcoming market analysis, all the best!
"There are many roads to prosperity, but one must be taken."
Information provided is only educational and should not be used to take action in the markets.
BTCUSDT TO 43K!?! DISCLAIMER: I am not an experienced trader and solely publishing for feedback and to review my trade ideas once they have plaid out. Please feel free to offer your perspective and other scenarios!
Recent April 21' - Jul 21' correction. -38.58%, 91d. 81.41% gain followed.
Current correction: Started around November 9th and we are at approx. 28% below previous swing high close. We have since passed through 50, 128, and 200 EMA levels, as well as $49,075.88 support level. If we breakthrough $48,240.98 support, probability we see more downside is high. In that case, I have set my buy zone to $43-$44.5K. 1D Candle stick pattern in April 21' - Jul 21' correction overlaid onto chart and adjusted as this sell-off is not as aggressive.
As you can see, there are a few swing trade opportunities before we strap in to test the last run.
1. Target date for entry: End Jan/early Feb 22’ (90d)
2. Target date pattern play out: Spring 22’
3. Price Target (Bollinger 1D; conservative) $62,681
4. Price Target (pendant; aggressive, new ATH): $71,189.05
In the Jan 18’, July 19’, and April 21’ corrections, the recovery decreased significantly in the latter. That said, even if a replica, we will not see the price go to $100K but rather just shy of $80K.
BITCOIN AFTER THE DUMP, Important Determinations!!Hello,
Welcome to this analysis about Bitcoin and the 12-hour timeframe perspectives. Recently Bitcoin heavily dumped to the downside because several factors technical as well as fundamental came together and moved into this heavy bearish acceleration to the downside. We have seen old economy investor participants shooting against Bitcoin such as Charlie Munger who yells at Bitcoin and compares it to the Dot-Com bubble, besides that regulatory pressures in several countries increased the SEC continues to reject Bitcoin ETFs, all these factors giving fuel for this heavy dumping to the downside which occurred. Now as Bitcoin moved on with these bearish volatilities it formed a pivotal structure from where further assessments need to be done, therefore I discovered all the important levels and upcoming determinations that are highly inevitably pivotal to consider in this case.
As when looking at my chart we can watch there how Bitcoin dumped right away into this main support zone between the 42.350 and 43.450 USD level which is a crucial support to hold here, besides that Bitcoin moved on with the first wave-A in the structure and now as Bitcoin initially found support an initial bounce to the upside is likely nevertheless when this bounce moves on it will test remaining resistances in the structure which Bitcoin has within resistance-cluster where several resistances such as the descending-resistance-line, the ascending-resistance-line, the 200-EMA, and the 20-EMA coming together. There is a high likelihood given that when Bitcoin moves into this zone there comes a pullback to the downside as this resistance is just to strong.
Taking all these factors into the consideration when Bitcoin moves on with the wave-B development as it is shown in my chart it will be important how Bitcoin moves on after this because when the pullback comes as suggested this will form the wave-C in the structure in which Bitcoin is likely to test the remaining supports from where a bounce can occur however when Bitcoin does not hold this support sustainably and bounces below it as it is shown in my chart this will lead to a bearish continuation downward and the wave-C-extension in the bearish-continuation-zone. Therefore, with these objections it will be highly important how Bitcoin continues with the wave-count here before moving on to further determinations, for now, we should not underestimate the bearish possibility here and keep prepared for potential further volatility, it will be an important development.
In this manner, thank you for watching the analysis, it will be great when you support it with a like, follow and comment for more upcoming market analysis, all the best!
"The high destiny of the market is to explicate rather than to speculate."
Information provided is only educational and should not be used to take action in the markets.