BTCUSDTBITCOIN UPDATE ACCORDING TO OUR ANALYSE BITCOIN IS GOING WHERE WE ANALYSE
Friends, the advantage of waves is that you can use them on any time frame 🙆
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Patterns form in any market and any TF. You just need to decide where you feel most comfortable working. My thoughts below 👇
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🔴 15min - 1H takes a lot of time and engagement, it's tiring and leads to mistakes. Traders use high margin and often lose money + leverage.
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🟡 1W - 1M is a very long time, it is more suitable for investors, and it requires a lot of capital. The patterns are clear and strong.
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🟢 From experience I realized that my choice is 4H - 1D. No need to spend all day on charts, good work/life balance, good market movements, patterns are well distinguishable. It requires patience, which most traders do not have. It takes you to the next level if you have the discipline.
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🚥 If 4H - 1D is for you, let's trade together!
Bitcoinusdt
several hard weeks for BITCOINthis is a speculation of what we might see in future behavior of market.
there are two not-that-powerful anchors for btc to pullback, with sharp and shadowy movements in a way that many people again forget about the bearish momentum.
so be careful about your positions.
for the next drop or jump, we should follow and trace this neutral movement ahead.
leave comments please
Bitcoin price buy zone and an "events" calendar until April 2023For the past two weeks, we have been warning about a possible fall in the crypto market in our ideas. Congratulations to those of you who were not lazy and have been reading our ideas!
In particular, at the beginning of the week, we wrote about the potential for a drop in BTC price and altcoins prices. By the way, USDT.D still has at least 7-8% growth potential
We will not repeat ourselves, but we will fulfill what we promised at the beginning of the week.
So, here is the calendar of events in the financial world, which will greatly increase volatility in the crypto market on important days:
today, 10/03/23 - unemployment figures in the US
14/03/23 - announcement of the US CPI (inflation). If the figure is higher than expected, the markets will be pushed even lower.
17/03/23 - quarterly expiration of derivatives - after that, there may be the first fresh resources to buy back the markets, in particular the SP500 and, accordingly, the crypto markets after it.
22/03/23 - announcement of the new FED rate. The size of the rate hike will directly depend on the announced unemployment and inflation figures. If a month ago, 90% of respondents were confident in a +0.25% rate hike, as of now, the votes are divided: 56% for +0.5% and only 44% for +0.25%.
The rate is approaching the levels of 2007, before the global crisis - we are not scaring you, just stating the fact.
30/03/23 - US GDP data will be announced
31/03/23 - expiration of a large batch of BTC and ETH options
As you can see, the next 20 days promise to be very busy, and accordingly, the volatility in the market will be greatly increased. + FUD is being thrown into the crypto market.
Our tips for the coming weeks:
completely eliminate leveraged trading, because increased volatility = a high probability of deposit liquidation
place orders to buy BTC or altcoins you like below current prices and put them by the grid to get a tasty average price.
For example, the range for buying BTCUSDT is a wide liquidity zone of $18000-19800
and of course: like the idea, write a comment and subscribe to P_S_trade to be informed about new cryptocurrency ideas in time
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BTC: Pullback in UptrendBitcoin (BTC) technical analysis:
Trade setup : Price got rejected at $25K again and pulled back sharply to $20 support, which is also a 200-day moving average and a critical level to hold in order to maintain an Uptrend.
Trend : Downtrend on Short-Term basis, Neutral on Medium-Term basis and Uptrend on Long-Term basis.
Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45).
Support and Resistance : Nearest Support Zone is $20.0K, then $17.5K. The nearest Resistance Zone is $22.0K (previous support), then $25.0K.
BTCUSDT 3HR REVERSAL TIME SOON.Currently forming a falling wedge which is a bullish sign, meanwhile if we check on the last 3 days we could notice that we have been forming a one time-framing low on the Volume Profile so we might need to retest down a little bit more. We believe that 21770 - 21555 Would be a good entry for bitcoin longs, it will be the area where we "Might" break above the falling wedge.
BTC: Short at high levels and long at low levels
Yesterday, Bitcoin fell below the previous low during trading, hitting a new low. This indicates that the first phase of the decline is complete. However, there is a flaw in that it is still 500 points away from the critical support level of 21500. The probability of a rebound at this point is gradually increasing, but since the trend is still bearish, shorting at high levels is still the main strategy.
The trading strategy is to short at 23600, with a stop loss at 24200, and a target of 21500 to 21400. Alternatively, if it falls to 21400, go long with a stop loss at 20900 and a target of 23600.
Don't let past regrets interrupt your current plans, and don't let anxiety and worries disrupt your steps forward.
As winter fades into spring and the sun rises and sets, every moment is precious. By appreciating the present and living each moment to the fullest, we can reap the rewards of a rich and fulfilling life.
Bitcoin: Long at this position
Hello everyone, after a big drop, Bitcoin has been consolidating and today I'm sharing my view on Bitcoin using a 15-minute chart.
As you can see on the chart, there are clear and regular box ranges. Since there are such clear signals, we certainly can't ignore them. I have marked the specifics on the chart, and it will be clearer for you to compare it.
My trading strategy is to buy in the current range of 22300-21800, with a target near 22900-23800. This is relatively certain, and the probability of profit is relatively high .
The reason for this trading strategy is that I believe Bitcoin will rebound to fill the gap created by the recent big drop.
Thank you for your attention and support. I will continue to update my trading strategy. If you have any questions, please leave a comment and I will help you with the most reliable solution in a responsible manner.
Have a great day!
KINGUSDT ChartCurrently forming Cup and Handle pattern, this coin has got low marketcap, good chance of pumping soon.
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Bitcoin Consolidating to go Lower AGAINBitcoin/1H Doing another Pennant
We are also in a down trend channel that I draw which everytime it reaches the end of the channel it makes a move.
Worth noticing when SPX was consolidating btc went to 25K now that spx started to move down btc coming down with it.
We could perform a fake pump and grab some liquidity before further downside.bearish momentun is just starting and we yet have to see bigger red candles ~13%
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Thanks for watching
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
BTC Short term scenarioHi guys, this is not trading advice and the risk of this position depends on your previous trades, profits, and margins. It's just a scenario in completion of which, I can later explain some educational tips and instructions.
feel free to leave comments and ask your questions.
Bitcoin. The buyer keeps the priceHello guys, today we have a rather bloody day on the crypto market, the price of bitcoin fell below the support zone of $21500-21700. Now the price is testing the next support zone (indicated on the chart). I would advise you to stay away, because if any of the zones is broken, the resistance will be very close. I watch and wait for a better situation for myself, as a leopard waits for a good moment to attack his prey. All goodness