BTC resistance danger zoneThis is the BTC resistance "danger zone" I've created for anyone who jumped the gun on a long position.
Once we hit ~T42,5k again for our double bottom, that is when I feel we are going to get a nice big ol' green candle to start us off running back up to test 45 again.
♠️🤫🐿
Bitcoinusdt
BTC technical analysis 4/2/2022 *NOT FINANCIAL ADVICE*51.4K within 12 days? (4/14/2022) based off inflection point on trend line
(arrow 1)
I think it will happen by Monday IMO (3 days) this is based on previous symmetrical top
(arrow 2)
potential marker for near symmetrical retracement based on previous high in bearish cycle (assuming our retrace up looks similar)
(arrow 3)
My technical reasoning:
-Ascending triangle was formed and a breakout was confirmed
-Triple bottom formed within the ascending triangle
(2 bullish charts is a good sign for me)
-Momentum & Money Flow Index are in line with Stoch RSI potentially confirming the start of a larger trend.
-MACD is on the cusp of a reset
whales & Institutional buys are the brunt of this next inflow.
I'm personally going long.
Anti-Hedge
BTC continues to old resistance levelsHi guys, in order to be safe, please manage your assets when BTC is in either of two red zones. these are very powerful resistance zones and lines.
have at least a profit by selling a portion of your assets.
a suggestion: on the first red zone, do not open short positions at all. (unless a very strong sell pressure is obvious, btw it's risky)
but on the next red zone, you're okay to put your 2way strategy to the test. even for a sell position, it might be safe.
but we will share ideas at that level.
ask your questions in the comment section below.
BTC Sell into a rally.Bitcoin - Intraday - We look to Sell at 44587 (stop at 45606)
Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end.
45332 has been pivotal.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
Bespoke resistance is located at 44500.
Expect trading to remain mixed and volatile.
Our profit targets will be 42004 and 41104
Resistance: 44000 / 44500 / 45500
Support: 42000 / 41500 / 40500
Bitcoin: Key price levelsChart Overview - Binance, BTC/USDT, 1D
ANALYSIS - 4 Key price levels are established using the fib ext. from the ATH to the low of the large subsequent price dump to the next high before we dropped once more to low 40k's. The prices are as follows:
0 - 52k
0.236 - 45.7k
0.382 - 41.7k
0.618 - 35.4k
Conclussion: For a bullish reversal the most ideal situation would be for bitcoin to pump above 45.7k today, I would give this a subjective 10% probability. I would also give a near term dump to 35.4k a 10% possibility. Most likely, IMO, we will see a close around 42 to 43k today, after that we will have to monitor the prices closely.
Personally I am bullish because of previous price behaviour and believe we are very close to the bottom of this dump which I believe to be 40.7k if we continue further on the bearish trend.
What do you guys think, have we seen the worst or is this just the beginning of a more prolonged bear market or is a bullish reversal imminent?
Thanks for reading.
Casey
DISCLAIMER: NOT PROFESSIONAL ADVICE
BTCUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the 1-hour time frame. The price was inside a triangle and after receiving support at the support line for the third time, the price was able to break our resistance line. It has now hit our resistance zone. If it is rejected, it can come down to the support line and if supported, it can move back up. If the support is lost, it will fall down to its previous support.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
BTCUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the 4-hour time frame. The price hit the support line of the triangle and now is ranging over it. Given the long shadow by the 4-hour candle, it shows that the bears pushed the price down. Also we are inside a descending triangle which also signifies a bearish trend. You can Short it here for the first support zone.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
BTC Sell a break setup.Bitcoin - Intraday - We look to Sell a break of 42588 (stop at 43606)
Daily signals are bearish.
Bearish divergence is expected to cap gains.
A break of the recent low at 42588 should result in a further move lower.
Our profit targets will be 40044 and 39144
Resistance: 44000 / 44500 / 45500
Support: 43000 / 42000 / 41500
BTCUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the 4-hour time frame. The price is stuck inside a triangle. It will move in the direction of any side of the triangle it breaks. If it breaks the support it will move down to the next support and if it breaks the resistance, after a pullback it will move toward the next resistance.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
TheKing play safety- i will try to explain how to play cautiously when we are in this kind of incertitude.
- i always try to make some posts to teach peoples how to grow, avoiding multiple rekts and i also learn myself from others peoples everyday as well.
- Right now we should be in a consolidation phase, but it doesn't mean that we won't get another dip lower, so have to be very cautious.
-------------------------------------------------------------------------------------------------------------------------------------------------------------------
EMA's Method 2021 :
-------------------------------------------------------------------------------------------------------------------------------------------------------------------
- So if u look my graph in 2021, BTC dipped from 65k to 28k
- BTC dipped under Green EMA50 (50D), then dipped under Orange EMA100 (100D) and finally under EMA200 (200D).
- With this Dip you can see on Graph Multiple EMAs Death Crosses :
- Green crossed Orange
- Green crossed Red
- Red almost crossed Orange
- Basically what you have to follow is the most important EMA. EMA200 Days, Red One, the most difficult to break.
- When TheKing is under that EMA or get rejected, it means we are still bearish.
- After the Dip you can see TheKing made multiple bounces and tried to break Orange and Red EMAs.
- Then finally BTC broke up EMA200 and started to bounce up on it. ( Buy Time )
- Multiple EMAs Golden Crosses will show a new bullish movement.
-------------------------------------------------------------------------------------------------------------------------------------------------------------------
EMA's Method 2022 :
-------------------------------------------------------------------------------------------------------------------------------------------------------------------
- in 2022, the same scenario is repeating ( and basically it's always the same for years....)
- TheKing dipped from 70k to 33k.
- Again with this Dip you can see Multiple EMAs Death Crosses :
- Green crossed Orange
- Green crossed Red
- and this time Red crossed Orange.
- After 2022 Dip you can see TheKing again making multiple bounces and trying to break Orange and Red EMAs and got rejected.
- So the basic method is to wait a strong break of the Red EMA (200D)
- After this break we need at lest 1 confirmation ( TheKing have to bounce on it ) ( Buy Time )
- Multiple EMAs Golden Crosses will show a new bullish movement.
- so if you try to look inside the crystal ball. right now a good buy could be around 47-48k.
- For now there's nothing to play out.
-------------------------------------------------------------------------------------------------------------------------------------------------------------------
What is very important to understand is sometimes there's nothing to trade !, sometimes the best method to trade is to not trade at all and wait.
- "Patience is the ability to count down before you blast off"
Happy Tr4Ding !
Bitcoin Prices = the $42900-$43500 range.Will It Be Respected ?
We still have all day tomorrow March 10 to respect the convergence zone between published last February 28, despite the high volatility of the markets.
Prices are now returning to the lower bounds of the long term and short Term of the blue moderate Flow-Lines calculated according to econophysical principles.
Following the respect or not of the convergence zone calculated at the end of the last month we will then be able to establish new targets for the future.
Tomorrow will be an exciting day ! What is your opinion ?
Xavier
BTCUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. The price is ranging after breaking its support line. The price is moving to the next resistance. If there is any weakness in the price, we can Short it for the support zone. If the price breaks the resistance zone, we can enter Long after a pullback. You can sell your assets when it reaches $43K and then wait to see what happens.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
BTCUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. As you can see the price is fluctuating between the resistance and the support zones. We need to wait and see what happens. It will either break the resistance and see higher prices or will break the support and see lower prices. In the 4-hour time frame you see the red line which was the support line and now is broken. The price is likely to make a pullback to this line and then fall. However, if this new resistance is broken, it will go up.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
$43500 on March 10 Is Still Possible. We Are At The Crossroads !Hi,
We are at the crossroads.
The $41000 levels have not held. It becomes impossible to quickly regain the growing pace of the Red Max Flow-lines.
The bullish scenario is not dead.
=> As expected at the beginning of the week (see links below), We can still pursue a moderate rise by following the blue channels of the Moderate Flow-lines.
=> For this to happen, it is essential that the time-price matrix (red rectangle) holds. We are in the lower limit. The behavior of the weekend will be crucial to maintain the bullish scenario.
If the $39400 level does not hold, we will find the bottom of the range : $33000.
** It's an exciting time, what do you think ? **
Radix (Are you in?)The price is going down within a descending channel for a while.
The bottom is very close.
How much can radix still go down?
The lowest price was 0.08.
The current price is 0.13.
There is still a risk of losing about 40% of the value. That’s not small.
What about enter now?
What is the reward for this risk?
To be very conservative 0.30, a gain of 300%.
Does this bet make sense?
The fundamentals of the project are still there.
The volumes are there too.
... but .... Bitcoin can still wet the pajamas and drop everything Q.Q
Even if the price reaches the minimum, do you think that the price will not recover anymore or that it can again soar?
Are you willing to spend, perhaps, a few months with a 40% loss-making asset?
Can you bear anxiety and fear?
Are you willing to pay the cost of this bet and its reward?
The point here is not how much I can lose, the real question is will there be, in my opinion, a day when the asset will perform again? If the answer is "yes" you should look at the chart because the price is pretty much on the bottom.