Get started

Blackbirdtrading

BTC pump till where?Hello Birdies, When we plot weekly SMA and EMA we see that BTC lose the war at 300 SMA and 400 EMA and now going to retest as resistance. On the other hand, BTC also lost war at 2017 ATH. The candle which broke it has low at 17,575 which also aligned with and providing confluence to 300 SMA and 400 EMA retest. As I always say trade Price Action and for now I don't see any sign of it going to 19k or 24k as people are chanting. One more fact, to give support to my claim is we are in December people will be cashing out investments for Christmas.
BITSTAMP:BTCUSD
by BlackBirdTrading
9
BTC CME an interesting patternLast night I was looking into BTC to short my position and my eyes bumped into this interesting pattern. So whenever BTC made a gap in bearish wave/impulse. That wave ride upto 54-60% everytime. I saw this 3 times already and this is happening now at the moment of writing too. And what make it more interesting is which happened first time there are two gaps in a bearish impulse. So if we calculate the 60% drop it get us a target of 12680 and the last gap of CME is at 9735 maybe a sudden wick and it will be closed.
CME:BTC1!Short
by BlackBirdTrading
6
BTC why we are targeting 9, 735People are asking why we are targeting 9735. Let me explain to get you a better view. 1. The red lines which behave as resistance, resistance and then converted to support and that's where BTC always find its bottom which also accommodated by weekly moving average 200-300 2. The same thing is in progress here resistance, resistance and now BTC converting the same line into support. 3. Now lets plot 9735 and voilla what we see is classical market pattern. 3.a. Thats 2017 ATH and after correction in 2019 BTC try to flip but failed 3.b. In Sep 202 it successfully converted to support and 2021 rally begins. 3.c. So market need to come to test it again as support Now the confluence there is so much 1. The flipped support 2. weekly moving average 500 3. 2021 ATH line which will be support for BTC I hope you will now understand it why we are targeting 9735. And lets not forget this is the first time BTC going to test its flipped support it can also fail and push the price below 9735 too who knows.
BITSTAMP:BTCUSDShort
by BlackBirdTrading
16
BTC as we keep saying.Hello Birdies, I think this chart is self-explanatory and a slap to those who told us we are stretching it too far. And an answer to all the moonboys and YouTubers who keep bragging about weekly 200 support and bullishness. Bummer! We are about to test Weekly SMA 300 way past of Weekly SMA 200 and on the other end Weekly EMA 200 and 300 is already lost we are about to touch 400.. Who listened to us are safe who listen to these non-technical TAs are rekt. When we say this time we are touching Weekly 500 people said you are stretching it.
BITSTAMP:BTCUSDShort
by BlackBirdTrading
13
BTC what is coming 2Hello Birdies, So all the moon boys were rekt I guess :) But yeah we nailed it to the wick the figures which we gave in the last idea hit to the decimal. So where we are heading now? Let get to the chart. The previous support(by fib channel) is now acting as resistance the redline and fib 0.786 is giving support for now. We may see a little retracement upto 30,500 or if it plans to do a good correction than to 31, 300 As Per our chart the critical support is at 28700-28940 price is still holding above it but the bear flag at H2 is going to destroy it. IMHO, the BTC is getting rejected at the support of 30k twice already if it didn't go up in a couple of hour we are going to lose 28700 too.
Short
by BlackBirdTrading
1
BTCUSDT what is coming?Hello Birdies, long time no see.. Let's get started. BTC is accumulating in a range making everyone confuse where we are headed only scalpers are enjoying right now. Chart Breakdown Purple tags points for heavy short. Bold red line the major short line from Daily Chart which is intersecting two strong lines on H2 chart as well. Greenline is bullzone which they are defending since 11th May. So if we fall below greenzone we will instantly see 25-26 first and then within a couple of days 21k. But before that we are expecting a correction rally which is by fib I am expecting 0.38 which is 31, 765 and our purple tag is also pointing there which is 31, 489 and as stoploss hunting it may reach 32, 327. The real corrective retracement should be upto 0.795 or 0.786 which is 36k and 37k respectively. But IMHO we are seeing 22k first no relief rally happening. And extremely sorry to all the moon boys again.
by BlackBirdTrading
7
ADA is this a breakout?ADA in downtrend for last 190 days and it seems it is breaking out of the descending channel. We had expected a pump from 0.8 which was the untested low. Analysis The blue line is a trendline which is acting as great resistance and its from ATH The green line acting as support line The red line is the line which act as breakout resistance History shows us there is 2 previous false breakout on ADA Also 21 and 100 weekly moving average are also acting is resistance. As it seems there are so many resistance factor on the chart so its safe to assume this another fake breakout and lets wait for a successful retest of the trendline.
by BlackBirdTrading
13
ALICE still bearishALICE the gaming coin is bearish since making ATH. Here what we found on chart Analysis: Two untested order block on H4 and D1 which has probability to test before going down But before order block there is a H4 support which is now acting has resistance which increase the probability in a retest and going down from here Below this resistance we have found 2 order block which is the last major support for ALICE presenting a golden opportunity for long term holders. Buy what you see on the chart not what you think will be on chart. Adjusting trendlines is not what we do.
Short
by BlackBirdTrading
4