Bitcoinusdtperp
BTC 90K is not for away!We have entered the second quarter where markets will make sharp movements.
Determining the ranges beforehand is a master's work and not accurate. However, I think the points I have highlighted in blue have the potential to create a nice range.
After the deviations here, I think the price could suddenly reach 90K. Before this 90K move, maybe we will make deviations in the red boxes and see a retest to the 0.5 point. In this case, I want to build a long position with 3% risk by adding another 1.5% to my position.
Taking a look at a clear shot.
Bitcoins been in a tight consolidation around the previous highs. It's unprecedented we break into new highs before halving, so I find it interesting we're so close to them. I believe some retracement is key here due to the rapid nature of the rise here, that or significant consolidation.
For these reasons, I am taking a short here at the resistant level on this second tap, if this were a third or forth tap, I may be slightly more conservative, but this I feel is a moment to make it really count.
$11,948 in 5 days - 5/05/22According to the VIX Cheat Sheet Indicator the Nasdaq will lose around 2.64% within the next 5 candles.
NASDAQ has broken through the ceiling of a falling trend channel in the medium long term. This indicates a slower falling rate initially, or the start of a more horizontal development. There is no support in the price chart and further decline is indicated. In case of a positive reaction, the index has resistance at 12600 points. The index is assessed as technically negative for the medium long term
BTC/USDT Correction in the NEAR Future....BTC/USDT has been in a downward channel that has recently pushed 64.65% hitting the current supply....
A correction is incoming and has failed to break the current supply. Once BTC breaks below my current trendline and retests this would be a great time to start finding short opportunities.
The first demand level is between $41495-$39450 if price falls below I have listed out the other three demand zones.
Always take profit when entering a demand zone good rule of thumb is the 25/50/75/100 rule!
As always look for high volume plays and strong price action before entering a trade.
Comment if you have any questions or if you agree/disagree!
This is not financial advice trade at your own risk.
BITCOIN PULLBACK POSSIBLE 🩸Hey hey my friends 🤠
Hate to be the debbie but, if we dont break to the upside of this we have some downside ahead of us! 😓
That is okay though! We can find some good scalp options and get some good entries on these overbought altcoins 🥳
If you have altcoin positions open and in profit move stop loss into profit, recommended ✔️
Lets watch the show 🎬