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Bitcoin Head & Shoulders!BINANCE:BTCUSDT Bitcoin has printed into a Head & Shoulders also evident on 4h. Watch for Fakeout at 30k level for a fakeout and then breakout to upside. Failing that 28.8k level could retest and provide short term short. Bitcoin is still Bullish, but watch for major bearish retests to continue to ride to lower levels of support. But at these levels there are many buyers lurking around so wait for entry trigger confirmations. Always having Plan A and Plan B scenarios so we can react once the markets provide an opportunity to execute our edge. If you liked this idea or if you have your own opinion about it, write in the comments. The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.
Short
by imr4nkh8n
Bitcoin - why I opened short?Hello, everyone! Let's take a look at the chart. On 1h time frame we have this big dump from FWB:31K to $27k. There were no any corrections and Awesome oscillator tells us that it was the wave 3. During this weekend we have the bounce which looks like the wave 4. Anyway BTC price has formed even 2 bearish reversal bars above the Alligator with the nice angulation. I used the second one to enter my short trade. The idea here is to catch the wave 5. here we have the nice risk to reward because target area for wave 5 is inside the green box. Best regards, Ivan ______________________________________ Subscribe now and never miss an update 👍
Short
by Skyrexio
6
BITCOIN next significant daily support is 26k$ ❌🧨Hello 🐋 we can see more correction to the downside at least close to great daily resistance level ($26000) ❌🧨❌🧨❌ in other word if the price doesn't break the resistance zone to the upside and just complete the retest, we will see more correction, at least to our lower trend line ❌🧨 otherwise we can see more gain to upper resistance level ✔️🚀 for any other huge pump, we need more correction 📖📖📖📖📖 if breakout of the lower support zone be completed, we can see more correction to the downside ❌🧨 brief amount of green candlesticks to the upside before any other movement is logical 📖💡 👌 Notice: pay attention to the price on shortcut chart (located above the main chart with black colour) 📖💡 Please, feel free to share your point of view, write it in the comments below, thanks 🐋
Short
by MadWhale
6
BITCOIN again in parallel channel more range and correction ❌🧨Hello 🐋 the price again entered to the parallel channel ✔️ if the price doesn't break the resistance zone to the upside and just complete the retest, we will see more correction, at least to our lower trend line ❌🧨 otherwise we can see more gain to upper resistance level ✔️🚀 for any other huge pump, we need more correction 📖📖📖📖📖 if breakout of the lower support zone be completed, we can see more correction to the downside ❌🧨 brief amount of green candlesticks to the upside before any other movement is logical 📖💡 👌 Notice: pay attention to the price on shortcut chart (located above the main chart with black colour) 📖💡 Please, feel free to share your point of view, write it in the comments below, thanks 🐋
Short
by MadWhale
9
Liquidity Grab Towards Relative Equal Lows and Equilibrium PriceBTC is correcting towards its relative equal lows. In trading, relative equal lows refer to the occurrence of two or more lows in the price of a security that are approximately at the same level. These lows are considered "relative" because they are compared to other lows that have occurred in the recent past. If a security has formed two or more lows at roughly the same level, it suggests that there is a level of support at that price point, and traders may see this as an opportunity to buy the security at a potentially favourable price. However, it's important to note that just because a security has formed relative equal lows does not necessarily mean that the price will continue to rise, and traders should always consider other factors such as market trends, news, and economic indicators before making a trading decision. The Fibonacci 0.5 level is often considered as a midpoint or equilibrium point in price movements. However, it is important to note that it is not a fixed or absolute level and should not be relied upon solely as a trading signal. The Fibonacci retracement levels are used in conjunction with other technical analysis tools and indicators to identify potential support and resistance levels, as well as entry and exit points for trades. Therefore, while the Fibonacci 0.5 level may provide some information about price equilibrium, it is only one factor to consider in a comprehensive analysis of market conditions.
BINANCE:BTCUSD.P
by Fondera-Trading
#Bitcoin - thoughts out loud #18!!! IT IS IMPORTANT TO READ THE DESCRIPTION !!! Good evening, we are from Ukraine ! I want to continue my opinion and vision of the current situation on the cryptocurrency market on the example of this asset. After the false breakout and liquidity withdrawal, I would like to draw special attention to the increased volumes and the price's rapid return to trading margin. At the moment, this is not enough, there is no confirmation. At this stage of the situation, we can partially open a position (5-10%). Then monitor the situation and add the rest of the volume if the buyer's test is successful and there is activity from professional operators, i.e., the asset needs a force to move the price to the next liquidity (price range 23300 - 24300 ). The mood is long, that's the only way. If the current situation does not meet the current criteria, I expect the asset to depreciate to 19000 . Thank you all for your attention, I wish you success, and remember: Sometimes you win /sometimes you learn . #Bitcoin
Long
by WVitalievich
BITCOIN EYE CAN-DIYYou can feast on candy though you'll be hangry later and want some really charts to sink your teeth into. This is a meal for you if you know the customs and rituals of my dinner for you. Please take your shoes off at the doorway and wash your filthy greedy hands you Cryptic Courier. No, this chart doesnt include the basic indicators i do check to make sure im on target. Will add later if someone asks. 1. We are at our third stop on our roller coaster 2. Some might think this is the top, as that a very logical conclusion and have that to charted and calculated if that be 3. Though this is look more realistic with a top in June .... 6-18 sound good? i have 6-11ish. (Price is time and time is price) 4. We still have 4, 5, 6 waves 5. before our big drop( as some speculate will go to ~10k and that would put us in November 29th-ish for a bottom. 6. Chart your own charts peeps because this isnt the nut flush, though if it is you can send me a big-up-yourself later Till then happy exchanging traders...AND DO YOUR TAXES!!!! I suggest the W-4 method. Look on Tele. And remember to check the weather, CryptoWhether!
BYBIT:BTCUSD.P
by CryptoWhether
I BET YOUR BOTTOM BITCOIN DOLLARSo the Weather, Let's talk about the whether. How's your personal weather? Dry? Hot? Wet? Cold? Windy? Now the Time, it a peculiar thing isn't it. It a physical thing in physics, a force if you will, though to most its a... What are you gonna do when all the trader's start copying this idea and chart? because they keep there secrets because they have to fuel their gambling addiction with their member services perhaps. This is gambling, though calculated. Remember, nik tesla was a big gambler befor he went into electrical engineering. for the skimmers 1. A normal bear cycle is two years 2. The movement like to recurse to the .5 3. the bottom is in the end of november for the readers 4. we can traverse to the .5 or there abouts, then make our downward spiral of despair 5. This is all before we shoot up to ~81k (it's gonna rock your socks into puppets and the media will be nuts!) 6. that, the november-december bottom i mean, will be the last chance for a major dollar cost averaging buy-in before the 100K for the studiers 7. Seriously, load up and leverage up 3-6-9%, don't get smart though and think you can beat the market. 8. I hope i never have to post another chart after this one. 9. Do your taxes for the professionals 10. You know what to do, so do 20 questions, find the magical answer, and then make a checklist and do something. 11. Plasma will be in the streets at the end of the year. (Don't eat the candy-food, grow your own) 12. Get ready or get out of dodge if you know what i mean. And remember to check the weather, CryptoWhether! Comment Below and Rocket-Like this post and the one linked to it. Do it BECAUSE it can make you relax FEEL GOOD AND PLEASANT.
BINANCE:BTCUSDLong
by CryptoWhether
Critical Break Down BTCHey there! There is a breakdown here. Breakdowns can be a cause for concern for investors and traders alike, as they typically indicate a potential downward trend in price. It's important to keep in mind, however, that not all breakdowns are created equal. While a breakdown may indicate a bearish sentiment, it's always wise to do your due diligence and consider other factors that may be impacting the price of the asset. Some traders even see breakdowns as opportunities to take advantage of a dip in price, particularly if they have a long-term bullish outlook on the asset. So, while a breakdown may be cause for caution, it's also important to maintain a level head and consider all available information before making any trading decisions. Ultimately, the key to successful trading is staying informed and making calculated decisions based on your personal investment strategy and risk tolerance. Good luck!
Short
by xuk1
6