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Bottom

BUY ZONE IS ALMOST HERE Ups and downs could be pretty huge and dramatic, but if we look at them from the bigger perspective, they aren't that important. BTC has been slowly moving down thru these MA lines just by going sideways. And as we can see good buy zone was always between 1st and 2nd line (for the long term of course). The best buy zone would be below the 1st line. Will we get there? I dont know and nobody does, but it would not be a bad idea start to DCA, when the weekly candle close below the 2nd line. Maybe you can catch the bottom and go all in, but safer would be slowly buy into your favorite coins, while btc would be consolidate between 1st and 2nd zone. Or I am wrong?
BITSTAMP:BTCUSD
by FallingWedge
Where is Bitcoin bottom and how to plan your trade?Following the principles of vibrations, and the concept that market repeats patterns, here is analysis on BTCUSDT. Bitcoin started downward spiral from 10th November 2021, the high price of 69198.70 USDT crushed all dreams of people who kept an order for short at 70KUSDT levels, nevertheless, few made it possible and quickly booked profits. Most of CT influencers like Plan* and many others thought it would cross 100KUSDT , a slow clap and a big laugh, now everyone is crying, many of them got liquidated. Crypto is hard on people who hold, and that is why RSI is your best friend. RSI on bigger time frames gives you many options and many days in advance to plan your trade. A stop loss, perhaps is crucial and crypto allows you to trade both ways, a long and short both can make you money. Now coming back to the point, market repeats patterns, even if it does not it can give us a range, perhaps some levels and we can plan trade based on them. Now Nov 10th, 2021 started downtrend, based on Falcon Waves (I have written about it many times, I will keep target for 5 waves down. Before that, we had a top on 14th April 2021, when price of Bitcoin was 64986 USDT , and then after 5 waves down BTCUSDT resumed its move up based on Falcon Waves. Important dates and difference between them is analysis that we need here, and then we will add Falcon Wave Theory and get the final result. Falcon Wave runs in ABC followed by accumulation phase. Wave C has 5 internal waves that started on 14th April, we will first understand Gann Analysis, and time period difference and try to find some coorelation on current market conditions and draw some reference and add Falcon Wave Theory for current Market to find Bitcoin Bottom. We had a top on 14th April 2021, when price of Bitcoin was 64986 USDT 14th April to 25th April (WAVE 1): 11 Days 25th April to 10th May (Wave 2): 15 Days 10th May to 19th May (Wave 3): 10 Days 19th May to 15th June (Wave 4): 27 Days 15th June to 21st July Wave 5): 36 Days Important to note that Wave 3 and Wave 5 completion was about 63 Days. The ration here is almost constant at 1.36 More on this: 11/15 = 1.36 15/10 = 0.67 (This is almost half of 1.36 (1.36/2=0.68)) 10/ 27 = 2.7 (This is double of 1.36 (1.36*2=2.72)) 27/ 36 = 1.33 (almost equal to 1.36) Here , simple observation is that 1.36 ratio has been constant for top and bottoms of wave c which was 5 waves down. Now using same method to find current market conditions. Bitcoin started downward spiral from 10th November 2021, the high price of 69198.70 USDT, 10th Nov to 4th Dec (Wave 1): 24 Days 4th Dec to 27th Dec (Wave 2): 23 Days The ratio here is 1.04 24/23: 1.04 If wave 3 is half ratio that is 1.04.2 = 0.52 23/x=0.52 x=23.0/0.52=44.23 days, therefore Wave 3 should finish by 44 days, that will be 27th Dec to 9th Feb 2022 (Wave 3): 44 Days (This is expected date) Similarly, Wave 4 will be double ratio of 1.04, that is 1.04*2 = 2.08 44/x=2.08 x= 21.15 days 9th Feb 2022 to 18th Feb 2022 (Wave 4): 21 Days (This is expected date) Similarly, Wave 5 will be almost equal to original ratio of 1.04, 21.15/x=1.04 x= 20.3 days 18th Feb 2022 to 10th March 2022(Wave 5): 20 Days (This is Expected Date) So, next date for trend change dates are (for completion of 5 Waves down): 10th Nov to 4th Dec (Wave 1): 24 Days 4th Dec to 27th Dec (Wave 2): 23 Days 27th Dec to 9th Feb 2022 (Wave 3): 44 Days 9th Feb 2022 to 18th Feb 2022 (Wave 4): 21 Days 18th Feb 2022 to 10th March 2022 (Wave 5): 20 Days Dates to watch, 9th Feb, 18th Feb and then 10th March 2022 Base don Gann analysis, 28th Jan 2022 also happens to be start of trend change, which should eventually complete by 9th Feb where Wave 3 gets completed, perhaps a drag of Wave 4 ends by 18th Feb and then 20 days to finish Wave 5 by 10th March All this sounds long, boring and slow, however this is fast. This will be quick, and will liquidate many unless you learn Gann Analysis, may be read his books. Some other dates that I will watch, 28th Jan, 24th Feb and 1st April 2022 What can be final bottom then? Based on Falcon Wave C targets, we are looking for target between 26000 and 22400, if we plan to trade, may be keep some bids around 22400 levels with tight stop loss. Trade at your own risk. By when can we expect this? Wave 5 should end by 10th March 2022, if we reach target before this then we can look for placing orders for longs. What are Wave 3, 4 and 5 targets? Wave 3 should end before 26600 Wave 4 should end before 42850 Wave 5 should end before 22400 All these prices are marked. Please note this analysis is not based on price action, and this is data based on on Gann Analysis, moon cycle and geometry with Falcon Waves. Retweet / share if you find this interesting. How to plan your trade? Use trend based indicator like super trend, that is available on Trading View. You can trade once you have confirmation. Once there is confirmation you can place your order, following these dates will help you to plan. There are some other methods that I use for trading, like Price Action, break of key level area, Elliott Waves (not much) as I have replaced it with Falcon Waves (Works much better), and also Gann analysis, moon cycle, market geometry that can guide us. Take this article as one of key methods that can help you plan your own methods, and find answers in market vibrations.
Long
by Falcon_Trader_1
Expected Key Points ES/SPX 11 May 2022ES/SPX 12 May 2022 The current implied volatility is at 32.6%/year So that converted into daily is 2.05% The opening of today was 3939 So based on that our channel is going to be compressed within TOP 4020 BOT 3860 with a probability chance of 86.9% based on the last 1049 candles From volume point, current POC is around 3930, so I believe initially the 3.9k will sustain/bounce initially, but if the poc is becoming lower and lower, then we can expect to enter within 3.8k area From fundamental point, today we have PPI and initial jobless claims releases and these mark a huge volatility moment At the same time the current values are expected to be bearish.
CME_MINI:ES1!
by exlux
Bitcoin Macro Bottoms Market UpdateCMF: Hit MFI: 3 points from floor RSI: 2 points from floor CCI: Hit Additional updates: S&P Bollinger Bands 1D: Historically leaving these bands meant we were close to the bottom in BTC. S&P RSI 12D: Historically hitting ~44 meant we were very close if not at the bottom (currently 47.25). BTC DVDI 6D: We've started getting red candles on the 4D, so we're getting very close to what has historically been a bottom. I'm watching the 6D DVDI as it seems to capture the absolute bottom candles and nothing above - getting close to crossing. BTC: In order to hit the RSI floor, price would need to reach further down than 2 points initially, but then the 3 week close would be right about 42. That could mean a wick down to 25k. No guarantees we see further downside. DCA into the lows and DCA out the highs.
INDEX:BTCUSDLong
by Ungovernable
What if this time isn't different? A 2 year scenario projecting the financial crisis of 2008-2009 into the future Chart (W, LOG): Stocks: The averaged futures for SPX, NAS and DJ were weighted so that a 1 point change will imply the same change in $ terms. (For weights see www.barchart.com 200MA, 50MA, and 21MA Today's price and date: at the intersection of the cross. Financial crisis: Purple box on the left Implied scenario: Purple box on the right. Left edge starts 10/5/2022 ("Today" .. for the next 10 min) Methodology: The scenario is a scaled up copy of the box at 2008-2009. It is stretched to fit the current price, and it's 3 MA's. For simplicity the price / time aspect ratio was preserved. Criteria for 'best fit' (using IEI ) were the absolute level and curvature of the 3 MA's. In other words, the distance between the MA's, their slopes, and the speed each slope was changing. Main Implications: The scenario implies a crash (ripped from Feb 2009) beyond the March, 2020 COVID low, as far as the highs of 2015. This is after the end of QE, when Greece went into default and the Yen was devalued overnight . "Bottom" of the implied crash is one year from today (10/5/2022). Notes: 1. IEI : I eyeballed it 2. Gann would not be happy and the result could be different on a RENKO or equivalent treatment of time (a great follow up idea) 3. The night the Yen was devalued I held positions in gold in bond futures (GC and ZB). I have used stops without exceptions from that day on. best graphics:
CME_MINI:ES1!
by gb50k
3
Key points Short BTC 09 May 2022Current expected movement from IV = 3.4% At the same tim we estimate with a 85.7% confidence that the volatility for today is going to be below 3.67% for this the market will stay within TOP 35300 BOT 32750 All of this being calculated with the opening value candle of today or yesterday close daily candle From the funding rate point of view, the shorts have to pay the funding fee to the long positions, giving us the idea that there are currently more shorts than long in the market( bearish ) From the fundamental point of view we have not big volatility news today With all of this in mind, we can try a scalp entry for today with the next setup stop loss 1: 34000 or the opening price stop loss 2: 35000 expected top for today take profit 1: 33000 take profit 2: 32750 expected bot for today
INDEX:BTCUSDShort
by exlux
AUDUSD » New bearish come? Pair Name : AUD/USD Time Frame : 45 minutes T/S : Mid + Long Short Scale Analysis Structure :LL + Fundamental + Moving average + Triangle + Rising Wedge + Support zone + Fibonacci --------------------------------------------------------------- ———————————————– * Technical Current Situation : • If this triangle breaks, then in our opinion, the price will go to the box first to freshen up a bit to close the cell or a new one will rotate up & down here, and then go to the second level (horizontal line) again and follow the same rule. But keep in mind that this box or these two horizontal lines here or somewhere near this price will start to stabilize the fall or the sale will stop completely. And from here (any level) will proceed at a large but steady pace to create a new LH or HH. That is, towards the bullish. ⏩ like and comment - Like and Comment - will further help us to perform better performance.
Short
by ForexAnalysisTeam
JASMY hit rock bottom! Potential long term uptrendIt is not a difficult task to draw a Fib Retracement on the daily chart and explore potential genesis understandings, specially on an asset that has a relatively short history. Jasmy has clearly hit rock bottom, and now we know where we are and where we will never be again: 0.0100 At the current stage, we can consider a potential yet unclear double bottom. Daily chart is definitely bullish although I would suggest caution when trading Jasmy as Bitcoin does have more negative than positive effect on Jasmy trend lines. Best trades are long term for maximum gains. Think quarterly at best. In conclusion, JASMY is a long investment strategy at this point with significant opportunities for scalping.
Long
by UnknownUnicorn35305092
1