Bitcoin on december and next year 2024Hello traders, i have very freaky ideas about bitcoinas follow: If bitcoin can not exceed 40000$ for next few weeks we will see a big dump to 10000$. Im writing this to think and consider probability about unthinkable cases that any trader may face just be ready for
everythings.
Big short
Sl:40000
Tp for long term: 10000
Period of time that this analysis stand: 6 weeks most after that if it can not break 40000 or fall bellow 31000 it s going range for long time.
Be profitable.
Bitcoion
Bitcoin HTF Analysis Hi my lovely follower.
hope you are doing good.
today i am sharing my thoughts on bitcoin price action.
all the detail are mentioned on chart you can read it.
my thoughts are price is still in bearish zone & do not hurry to enter now if you missed the swing long
this time is to short the bitcoin,
i am still full bearish on it.
thanks
Bitcoin 15 min Elliott wave countBitcoin may end soon an impulse that may be a 3rd wave as the price is approaching 1.618 fib extension of an precedent wave that may be wave 1.
Key level for the 4th wave retracement is 28676.06 where also we have 0.382 fib retracement of the 3rd wave, if the price will break down I doubt that this trend will continue upwards. keep in mind this!!!
I will put updates soon as will see more price action!!
Hit the like button if you like my analysis and follow me for future updates!
Good luck!
Cardano(ADA) Price Prediction: ADA Hit All Time Lows below $0.75Cardano’s (ADA) price falls more than 7% on Thursday.
ADA could expect an upside of 35% from the current levels.
RSI remains in an oversold zone warning against aggressive bids.
The global crypto market wiped out nearly 10% of its value amid the ongoing truce between Russia and Ukraine.
As per the CoinMarketCap, the 24-hour trading volume of the eight largest cryptocurrencies by market cap is being held at $3,152,200,460 with 92% gains.
In a recent update, Cardano Blockchain Insights reported wallets for Cardano’s native currency ADA surpassed the $3 million mark. As per the Electric Capital research report, Cardano nearly doubled its developer base in 2021.
IDEX/BTC buy opportunityHi followers,
BINANCE:IDEXBTC formed a very nice rounding bottom, which is known as a very powerful reversal pattern.
Followed by higher low and increasing volumes on the moves up. More upside expected.
Don't forget to manage your risk! 👌
Good luck and trade with care 🙏
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Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only
IOST/BTC buy opportunityHi followers,
maybe bottomed on the 23 Jun, 2021, as since then the pair formed an impulsive move, which followed by triangle correction, which now seems to be broken to the up side.
This behavior suggests higher highs soon.
Don't forget to manage your risk! 👌
Good luck and trade with care 🙏
If you like my content - 👍 Like, 💬 comment, 👆 follow and 👉 share!
❗❗❗
Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only!
Why Bitcoin is so simple? Didn't understand this before!Cycles and clear patterns are no longer news in the crypto world. Especially now that a bunch of public companies led by Tesla are on the rally.
But I'm glad I understood how Bitcoin works. Now I look forward to new peaks at the end of the year. And I will wait for the day at the signal to buy. I'm glad for that, gentlemen! 🤠
And this is how it looks locally!
Your Standard BTC Dominance ChartComplete with hopium targets in both directions ;)
Based on the formation here I am neutral. I think we'll range back down to 60, pumping alts a bit.
If not we either have a really nice alt season or a really nice bitcoin run that will turn back into more money for alts.
Market is looking great.
Most Simple Yet Profitable Trend Trading StrategyAre you a trend trader?
Have you tried using multiple Indicators & At the end Found that none of it works,
Today I'm Sharing One Of The Simplest Setup & Strategy We can use to Mint Money from the markets.
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What stocks & cryptos are you trading?
BTC: There’s Definitely Something to Keep an Eye OnThe price has been moving in an upward channel since the beginning of 2020. Look at how the mid line of this upward channel has been rejecting the price. This is the main resistance as of right now. Until we break it, I could easily see us visiting the bottom of the channel (at least) , which is in line with EMA50. Meanwhile BitMEX Funding rate stays at dangerously high levels. Not favoring the bulls.
BTC Weekly chart
The week is coming to an end and if this weekly candle closes like this, it will be SIGNIFICANT . Why? Because we’ll confirm a higher high and break above the 0.382 Fib & Major Horizontal S/R level (~9.6k).
The problem is that BTC has gone this high too fast. It feels like we are in a need of a pullback, but
-> Whatever resistance or a bearish chart pattern you’ve been drawing for a couple of weeks, they were broken to the upside and invalidated. This type of action is pretty reminiscent of what we had last year in April-June.
There’s definitely gonna be a correction for BTC. 10k is a very important level. If we close the weekly above it, the most bearish outcome I see is a slight pullback to 9.5k and after that we may easily make it all the way up to 11.5 region. Why exactly 11.5k? There is a pretty notable Gap on CME Futures.
So, we may not get a highly awaited pullback until we fill that gap.
There is no reason to be bearish, especially if we close the weekly above 10k. Closing the weekly anywhere above 9.5k is good enough to confirm a higher high on spot market. On the CME weekly chart a higher high was already confirmed as we closed above prior high.
Really important thing to keep an eye on is Open Interest. It keeps climbing up and now sitting at $1.11 billion ! This means that we've yet to see the BIG move .
What do you think about it? Share your thoughts in the comments!
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The information given is never financial advice. Always do your own research.
Bull flag within bull flag Bitcoin is going to 15 000$Bull flag within bull flag Bitcoin is going to 15 000$ this is what I see. Classic bull flag with falling wedge on weekly. Price broke up global falling wedge and retest break out of the global falling wedge. Now printing new small bull flag on daily. This is bullish volume is following the break out. I don't expect price to drop down into a crypto abyss. Press like and Subscribe!
$BTC - #Bitcoin-Daily-Update #13 - Day Trader ExplainsHello Lads and Ladies,
Welcome back to TJ's TA sessions.- The Daily BTC Update #12
What happened in the last 24h?
Finally we saw some more movement in the market, waking up everyone from the last few sleepy days on Bitcoin. We saw Bitcoin and other coins drop drastically within a short period of time, which might sound or look bad at the first glance, yet I find it to be a good thing, bringing more volatility with it and making trading fun again and not a chopping festival.
Most important S/R right now?
2939 3030 3100 3160 3200 3250 3333 3434 3550 3666 3730 3812 3929 4077 4123 4169 4382 4658
Gained lost %?
Since the opening of the new daily, we wicked down -12.3%, but gained 0.86%
MarketCap?
Total MarektCap is 122 Billion -gained 15 billion -
Of which BTC is 64 Billion - lost 6-
With a Dominance of 52.3%
- gained0.8% -
Volatility?
The 30d avg Volatility is 4.2%
- lost -0.07 -
Shorts/Longs?
Shorts - 24.0k (pretty low)
Longs - 31.0k (high but solid)
- S gained 1.4k / L lost 2.7k -
Funding?
The last 3 funding rates added -> -0,0403%
- +0.0044 -
Momentum?
The TJ-Momentum is showing us a red cloud again, which is indicating us a drag and pull down. This might be important for the next days and the low liquidity weekend.
Volume?
Even after such a strong dumping day we see the volume barely making any difference and barely making it above the MA. This is for me a still bullish sign and kind of expected after such a drop eventhough we had bullish signs previously. The market as a whole is still not shorting.
TJ-MF/StochRSI levels?
TJ-MoneyFlow - Today we are seeing a green money flow indicating us a bullish sign. Just as mentioned in the volume analysis, the market is not shorting and not really big amounts of shorts are being opened.
TJ-Stoch
K(blue) - 68
D(orange) - 81
Divergences?
Nothing that is worth mentioning in our daily updates.
Market Structure?
Currently, the market structure of an inverted head and shoulders is still active and we are sitting at the verge of the neckline. We have to see break there, which might happen at the next trend-test as mentioned before.
Overall?
Overall we are still seeing bullish signs, we have analysed that the market as a whole is still not shorting and we touched on some important support zones. We are not excluding the possibility of having a red day tomorrow as well but we are definitely expecting a bounce or some better confirmation over a direction within the next few days.
What do we want?
We want this day to end. Actually we want a close above 3550, yet a close above 3672 would be the best case scenario. We as well want to see a bullish confirmation before entering a significant long position again.
Position?
Currently no position open. Stop in profits got hit. Thinking though about a low leverage, 3 stagger, low margin long at the most important supports.
Like and Follow me and you will find this page interesting because I am a TA expert and professional day trader in crypto since 2012 that does daily updates and new posts about the hottest and most discussed coins.
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Cheers, TJ
Bullish flag on #ethereum #crypto #trading #bitcoinThis bullish flag is pretty interesting because it comes after the rally of a few weeks ago, which turned the sentiment on #ethereum. Technically speaking it lines up with either .618 Fibonacci level and a previous resistance area (around $550 handle) which now should provide some support.
Might be a good point for the next leg up.
BitShares , A great opportunity to buy in BTSBTC. Catch it!!Technical analysis:
BITSHARES/BITCOIN is in a range bound and Beginning of up trend is expected.
The price is below the 21-Day WEMA which acts as a dynamic resistance. as long as bullish exit in daily chart or daily RSI is not occurred, The uptrend will not begin.
The RSI is at 29.
Trading suggestion:
*The price is in a range bound, but we forecast the uptrend would begin.
*Price is in the Buy Zone (0.000018 to 0.000007), we would set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000018)
Ending of entry zone (0.000007)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Trough" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
(We have started to prepare these lessons in TradingView. If you want us to continue, give us feedbacks!)
Take Profits:
TP1= @ 0.000029
TP2= @ 0.000047
TP3= @ 0.000059
TP4= @ 0.000071
TP5= @ 0.000102
TP6= @ 0.000176
TP7= Free
A New Trading Opportunity. TP3 hit with 3110 profit..!!Status Network Token/Bitcoin
New trading suggestion:
*The price is in a range bound, but we forecast the uptrend would Resume.
*There is still possibility of temporary retracement to suggested support line(0.0000126) , if so, traders can set orders based on Price Action and expect to reach short-term targets.
*If the support line at (0.0000126) is broken, the forecast (Resumption of uptrend) will be invalid.
*We will close our open trades, if the Midterm level (0.0000126) is broken.
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Trade Setup:
We opened 8 BUY trade(s) @ 0.00001140(day close price) based on the reversal candle (2-Day Hammer ) at 03.27.2018.
Total Profit: 3110
Closed trade(s): 1230 Profit
Open trade(s): 1880 Profit
Closed Profit:
TP1 @ 0.00001260 touched at 03.31.2018 with 120 Profit.
TP2 @ 0.00001600 touched at 04.03.2018 with 460 Profit.
TP3 @ 0.00001790 touched at 04.21.2018 with 650 Profit.
120 + 460 + 650 = 1230
Open Profit:
Profit for one trade is 0.00001516(current price) -0.00001140(open price) = 376
5 trade(s) still open, therefore total profit for open trade(s) is 376 x 5 = 1880
All SLs moved to Break-even point.
Take Profits:
TP4= @ 0.0000237
TP5= @ 0.0000319
TP6= @ 0.0000374
TP7= @ 0.0000480
TP8= Free
Technical analysis:
StatusNetworkToken/Bitcoin is in a range bound and resumptionof up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
The RSI is at 51.
BITCOIN: retrace and new target at 11600$ (end of May!) Hi folks.. it seems like total market cap (global) cant cross the 400 billion line and I expect a retrace back to 8300$ BTC levels (short term, next 4 to 5 days). (see the black line and red arrow)
But then again, the retrace is only a retest lower levels to gain traction and needed volume to break trhough the 9.1k barrier thats holding the actual trend down for a few days. Higher target is 11600$ BTC after the double top in february and march. Until then we are in a neutral trend zone. If we pass 11.6k (green arrow) we will probably go into an mid term bull trend with higher targets up to 15'000$.
This short/mid term analysis was made with the latest RSI / Exchange analysis of the top 10 exchanges.
What are your thoughts peeps?
ETH A MOLLY WOPPING IN 3 PARTS ETH, looks to be in the same position as the rest of the market. Looks like after this small pause is complete, we move higher to new recovery highs and peak out for this wave at just below $1000.
The next sell off leg is the 3rd major down leg. Looks to bottom near $500.
$450 is my lower bound.
Afterward I forecast the price of ETH and the entire crypto market will stay at sub $1000 levels for more than 1 year to come. Gloom and Doom. Sorry.