3 Days Waiting / Setup : Fakeout / Daily TF 📉 Have been waiting patiently for Shorts to Setup on BTC. I'm not totally convinced of this rally as you can observe. This trade is in anticipation that the Daily timeframe will respect the Daily and Weekly Levels in Between 28 to 28.5K. Although this retest of our Daily Level looks quite daunting, selling into strength shouldn't be too much of an issue because of the amount of orders at this level previously 28,300. It's worth a shot given the RR and the previous Weekly Engulfing Candle. I typically stick to scalping but this Fakeout Looks clear as day and so I have no issue risking some profits with reduced risk and attempting something different then the usual.
Bitcoinshort
Bitcoin - bull trap ahead!Hello, everyone!
I am still holding my local short which now is in small profit and has the stop loss at the entry. I am trying to catch the last wave 5 inside wave 1 higher degree.
Let's take a look at the chart. I told you earlier that the target for the current dump is $26000-$26300🔴. After that I expect any sort of bounce. This bounce in my opinion is gonna be the wave 2 of the global bearish wave. It has the target approximately at FWB:29K , which is 0.61 Fibonacci retracement. Of cource this target now is undefined because wave 1 has not been ended.
After that I expect the rapid dump in May - historically the worst month for all risky assets. Target for the most impulsive wave 3 is even FWB:21K 😨. 1.61 Fibonacci extension perfectly corresponds to this number.
Best regards, Ivan
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BTC SHORT1st Break of Channel Extreme boundaries in the 1 Week timeframe chart
Daily time frame chart presents a Setup for a short position:
Imbalance, that got filled a posteriori
Orderblock is one that manipulates the market
Liquidity formation below area of interest
The approach to the area of interest is with low volume. Price goes up but volume goes down significantly. White Lines
CHOC confirmed on the Daily Timeframe
Second Entry on the last supply created targetting 15450
BITCOIN DAY CHART TODAY BTC TOUCH RESISTANCE LEVEL HI DEARS
To day btc touched resistance lvel and aggracive down trend started
today distrubution started so coming few days range market started
next btc support and resistance level 27k
my opoinion bitcoin go to 28k then againg minor uptrend then fall to 27 k
my startegy suupport and resistance and fib
these all as of my knowldge and any mistakes on my chart pkease comment and tell us to whhat are the mistakes
it will help ful for my another level
thanks and regards
Multiple BTC bearish patterns all pointing to 25K or worseWith our golden pattern (BTC rising broadening wedge from 15K) showing 22K as the last resistant and if we lose that well see new lows (12K , 9K)
Talked about other patterns in the video and spiced things adding VIX, ETH , NQ1 To the video
Strongly Recommend to Watch it untill the end.Lots of Information
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📈BTCUSDT Price correction scenario📉BINANCE:BTCUSDT
COINBASE:BTCUSD
Hey everyone, first take a look at my previous analysis and positions.
According to the recent growth of Bitcoin at the same time as Dominance fell below the level specified in the latest analysis, there is a possibility of price correction at the same time as this cryptocurrency falls.
Price divergences are marked on the chart
Don't forget to risk-free your position.
Consider the impact of the jobless claims on Thursday.
Please share ideas and leave a comment,
let me know what's your idea.
CrazyS✌
Bitcoin to continue in a selloff? Bitcoin - 24h expiry - We look to Sell at 28997 (stop at 29697)
We are trading at overbought extremes. Prices have reacted from 30987.
A Doji style candle has been posted from the high.
A break of the recent low at 29020 should result in a further move lower.
We look for losses to be extended today.
Our profit targets will be 27247 and 26847
Resistance: 29500 / 30000 / 30450
Support: 29020 / 28400 / 28000
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Bitcoin. Three targets for the decline.Hello everyone! At the moment, the asset is forming a bearish engulfing candle that has absorbed the previous daily candle, and the price cannot hold above $ 30,000
In the near future, the asset may further decline to the 0.618 or the next Fibonacci level of 0.382, which intersects with the ascending trend line. These are two scenarios that may occur. The third scenario suggests a possible drop in the asset to $ 21,000.
This is not a financial recommendation, and everything you do is done at your own risk.
Bitcoin Bearish Signs are starting to play out!Bitcoin in a BIG rising broadening wedge which the starting point of the pattern is 15K
We havent seen a new low over a month,the more it holds the more violent the downside will be
with the dump that happend yesterday we retraced it back but could not regain the bullish structure thus more RED to come today
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Thanks for watching
Bitcoin to turnaround?Bitcoin - 24h expiry - We look to Sell a break of 29598 (stop at 30401)
We are trading at overbought extremes. The bearish engulfing candle on the daily chart is negative for sentiment.
A Doji style candle has been posted from the high.
30984 has been pivotal.
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
A break of the recent low at 29669 should result in a further move lower.
Our profit targets will be 27601 and 27201
Resistance: 30000 / 30500 / 31000
Support: 29669 / 29000 / 28500
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
BTC/USDT local short, explain whymy previous signal where the target was 29,500 successfully closed. after growth we always get a correction. possible price decline from these levels. Importantly: I use shorts exclusively for hedging positions taken on the spot. So risk a small part of your deposit. As long as we are in an uptrend, we should believe in it and go with the trend, not against it. The situation can change only if it falls below MA 200. not a financial recommendation. do your own research.
Bitcoin vs Bonds.Bitcoin 1D is almost oversold. A first target would be $42,000. Resistance is $45,000 and $47,000. There just doesn't seem to be enough steam for a breakout. Bitcoin's popularity is already maxed out and the investor is struggling according to the economic data. Being that Bitcoin moves with the equity market, we could see bitcoin take a tumble.
Morgan Stanley stated the "Bear market is over". JPMorgan analyst is telling equities investors to take profits. It seems like more economists and analysts are seeing markets taking a tumble. FOMC has been much more hawkish, pushing the 10YR higher. The 1M for Bitcoin is bearish, but short term is looking somewhat better as there have been higher lows and higher highs since January.
btcusdt is near to complete its wave 4 shark pattern cbtcusdt is near to complete its wave 4 on weekly timeframe ,
we can short btcusdt 32700 or 32500
our stop loss must be 33k
and also price near to complete Shark patterns C area
otherside same area is our Elliot wave 4
Here are the key parameters of a Shark pattern:
There’s no specific place for A.
Point B is at the 113%-161.8% extension of XA.
Point C is at the 113% extension of 0X and at the 161.8%-224% extension of AB.
2023 Tradingdesk for BitcoinFrom now i will have one main idea, and all the ideas as we reach cycle targets for the year will be updated in the thread.
I dont trade short term, keep in mind my ideas are longer term, and its boring.
We wait for the cycles to bottom and we wait once in the trade for the trade to mature.
Fallow, like and boost so you dont miss the updates.