BTCUSD 55 min poss. price action projection into the futureThis is the result of my analysis about the 55 min chart possible price action develepement. Just an idea, nothing seriouse. Worth to monitor ;) Pls leave a like when it worked out
Das ist das Ergebnis meiner Analyse über den 55 min Chart mögliche Preisentwicklung. Nur eine idee, nichts gravierendes. Wert, im Auge zu behalten ;) Bitte liken wenn es gefällt
Bitcoinusdollar
Trading Life- I don't post much right now because nothing exciting is on.
That said i will give u one more advise :
- When u trade you really need to switch timeframes.
- if you see nothing is interesting on 1 week or 1 Day, go to H12, then go H8, then go H6. etc...
- Now check your favorite indicators and look at some divergences.
- Divergences are the base of trading.
- Divergences tell you when you can "try" to enter a trade or not.
- if the market just follow the river, there's nothing to do, just watch.
- Spot for Divergences than bet on a trade is much better.
- Now check my graphic and get it.
- Really simple.
- Spot on Divergences and understand movements.
- Remember that trading is tricky.
- Naturally the market will always inverse what u think :D
- Sometimes, there's nothing to trade.
Stay Safe !
Happy Tr4Ding !
BTC Trading Setup- Smells like a Bullish Pennant Pattern.
- Easy setup for scalpers.
- Everything in graph like always.
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Trading Plan
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Buy : $26,500$ ish ( 25% invest )
Rebuy : $25,150 ish ( 75% invest )
TP1 : $37,000
TP2 : $41,000
SL : $24,500 ish
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- Respect your Plan.
- Don't be greedy.
- Gamble with what you can afford.
- Happy Tr4Ding !
Bitcoin SOPR #3- Quick Update.
- Everything is in graphic.
- Check SOPR + Green Circles.
- Did some smart hands took their benefits ?
- Yes.
- Does it means BTC price will crash ?
- No.
- Does it means we are in a correction ?
- Not really.
- Does it means it's a boring phase ?
- Yes.
Happy Tr4Ding !
Choose your Freedom- Just for Sharing
- Not a Trade setup.
- Need more confirmations to accept this trend.
-- Bitcoin is more than the speculative numbers that most of peoples see in it.
-- "For the people.By the people".
-- Choose your Freedom and your path.
Non nobis solum, sed omnibus.
Happy Tr4Ding!
BTC …ready for breakout ?BTC / USDT
Hello everyone
The chart tells everything
at the end of every bear markets i found this pattern is repeating:
First is Accumulation then spring or you can call it deviation or stoploss hunt or whatever you want …then massive pump … will history repeat itself ?
This is the third attempt at 25k and to be a valid breakout we should have a strong big green weekly candle to break all resistance … please be ready for volatility
Appreciate your support by likes and follow for more analysis
Drawing Bitcoin- Not a price speculation.
- Not a bottom Confirmation.
- No need to speak too much because everything is on chart.
- Understand this analysis.
- Zoom in / Zoom out.
- Follow the Lines and Circles.
- Look for potentials breakout zones.
- Aberrations are frequent in a turbulent market.
- Supports always turn to be Resistances and vice versa.
Happy Tr4Ding !
Happy New Year!• Being wrong is not a bad thing.
• It's Okay to question what you have been taught.
• Grades aren't as valuable as skills.
• Understanding is more important than memorization.
• Making mistakes is Okay. Learn from your mistakes.
• Be humble.
• Be teachable.
• Humility is necessary for growth.
• Teach your children early what you learn late in life.
• There's always room for a new idea.
• Pay close attention to those that don't clap when you win, they are not your friends.
• Do not despair.
• Do not give up.
• Look for the sunlight through the clouds.
• The universe is bigger than your view of the universe.
Wish u all the best for 2023!
Bitcoin - Buying a break of 16750Bitcoin - Intraday - We look to Buy a break of 16751 (stop at 16329)
A break of the recent high at 16746 should result in a further move higher. 16746 has been pivotal. We are trading at oversold extremes.
Our profit targets will be 17792 and 18192
Resistance: 16750 / 17000 / 17500
Support: 16000 / 15800 / 15500
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 Stay Calm- i know some of my fellows traders went Long few days ago and i want to congratulate them !
- So if u went in around 19k+, you had already a great deal.
- Now if you didn't board the first train. i suggest you to wait.
- i don't show any indicators to keep the chart clean.
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Trading Parts
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- we are reaching a particular zone, so be cautious ( bears or bulls same )
- Nothing to Trade between 20800 - 21150 and under those zones, just wait and stay spectator.
Buy Zone : 21,150++ (DCA)
TP1 : 22,500
TP2 : 24,900
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Happy Tr4Ding !
Bitcoin warm up- i know some peoples are still waiting for 15k or 10k.
- in 2018-19, some of my friends were waiting BTC to dip $1000 when BTC was around 3000$, they are still waiting right now.
- Used correctly, Bollinger Band is a powerful indicator.
- you need to look closely at the Weekly BB contraction.
- When BB compress, it's a sign of volatility returns.
- the lower BB reached 17k+ ( was around 15.5k few weeks ago )
- The lowest BTC dip was $17,580
- BTC is evolving in a flat rectangle between 17,5k and 25k, the same situation happened in 2018-2019, it's called " Consolidation ".
- i can only suggest you to DCA buy instead of missing the train.
- it's better to take the risk to go in between 17k5-19.5k, than wait for a price that you won't never see again.
" The greed works on both sides, Bulls or Bears. "
Happy Tr4Ding!
Choose your Side- i often compare TheKing with Nasdaq right now.
- Have a main reason :
- NAS100 (Nasdaq) have mostly "Top Tech Companies" acting as Thermometers in this index.
- SPX (SP500) have Tech Companies + traditional ones. Nasdaq Companies are also included in SPX, but 500 Companies start to be a lot.
- DJIA (Dow Jones Industrial Average) is a Mastodons, i don't use it much because this top 30 is too mixed ( coca cola, boeing, techs, big banks, nike.. etc).
- i mostly use very high TFs, i prefer look from far, less noise, more easy and less headaches.
- i use sometimes to trade with 1D, H12, H4 TFs but when we are bullish. In bearmarket, it's hard to find entries points in bearish mode.
- i don't short markets and accumulate more coins/tokens, so i just DCA, Dollar Cost Averaging is investing a fixed amount of money into a particular investment at regular intervals.
- so this chart is basically only about MACD :
- it's really interesting to see Nasdaq making another red columns in 3W TF, while the markets should recover slowly.
- if you take a look at BTC, columns stayed in Light Red Color and reducing size.
What could it means ?
- Keep in mind that BTC is not a STOCK.
- One of the most pivotal events on Bitcoin's blockchain is the halving, when the supply of new bitcoins is cut in half (2024).
- BTC have 21M Supplies and that's all. no more will be created.
- At any time BTC could stop to follow Nasdaq and do his way, TheKing used to do that before already.
- A small bounce in Nasdaq could be also a huge move for BTC.
- " Choose your side " and DCA the money you don't need for living.
Happy Tr4Ding !
TheKing What's Next- TradingView distorted again my post. here a clear image :
- We need to compare BTC movements with The Wyckoff Method and we will get a more clear view.
- We are in a long corridor and it can take time before a new Bull Cycle as big hands are waiting for retailers to give up.
- i published in July a chart indicating a potential bottom around 17500$. here :
- i am clearly not convinced yet that BTC will make a fast wick to 15,000$, and i forgot already about 10k.
- Bollinger Band is one of my favorite indicator on Weekly TF to try predict potentials bounces.
- You can see clearly on the chart that BB bottomed around 12,600$ and right now growed to 15,500$.
Zoom in :
- So of course like always, everything can happen as economy is weak, but my work is TA, and not FA news.
- A wick to 15,000$ is still possible but clearly uncertain, all i can tell you is if this happens, be ready to charge your bag.
Happy Tr4Ding !
TheKing Cycles- Nothing can be perfect in Life or in Trading, but you can always brighten up your day.
- Remember "Cycles are Cycles"
- Everything is in graph
- You can follow bears, predicting 10 years of recession, but we are in a big recession and for a long time already.
- You can fall in the deep and predict the darkness.
- i like to see the sunshine in the morning and i will always radiate warmth.
- Follow Hope, and always believe in your own judgement.
- Be Bold and do the opposite of what commons peoples think.
Happy Tr4Ding !