BTC (Y21.P5.Video1).Progress bullishHi All,
Continuing from my live stream early today.
Since we are in a ranging area, any breakouts must be confirmed by a retest as we have unreliable formation in a range, its the nature.
So look for fake outs and retests to get confirmation for an entry.
All the best,
S.SAri
previous stream
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Btc-bitcoin
CryptoMarket Update (#25) : Weekly Bulls VS Intraday BearsHere's your weekly update ! Brought to you each weekend with years of track-record history..
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Panorama BTC: 06/24/21. 42k Target?I speak directly from Brazil. And sorry my beginner english. I'm bringing my humble opinion about bitcoin .
If you want to talk to me, send an inbox message, or click on the footer of this post!
Disclaimer: The above comments reflect solely my opinion, this is not a buy or sell recommendation. Just a series of published studies, so that together with the community we can discuss operational tactics and techniques.
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#bitcoin analysis 6.23.21 - That was a Healthy #BEARMARKET that we endured and hopefully survived through.
Markets are designed to shake you out
UP ONLY doesn't exist in the real world in a real Marketplace ... save that for the PONZI schemes (ahem Madoff)
The days of 80%+ value destruction in #BTC SHOULD not happen
(unless we see a HUGE spectacular blowoff event)
Bitcoin VLOG #35 - BTC 30K bounce, 35K next?The price action down from 41k here has been extremely bearish. 5 red daily closes in a row. Major rejection into capitulation. Major shorting. Decent FUD news with Chinese BTC miners closing up shop, those images have been trending.
Appears we have support again, but you can see this descending triangle is starting to tighten up! We are entering this squeeze and need to prepare for breaks up or below.
Which way do we break I hear you ask?!
WELL! In a major downtrend, serious recent bearishness, in an overall bearish pattern, what are the odds we breakout to the upside?! VERY SLIM!
And where do you think the measured move down from this pattern is?!
20K!
Again, this is all a game of whats more likely, you need to follow the price action, follow what the chart is currently telling us, and its saying pattern ranging that wants to go further down.
MY PREDICTION = Very keen to see how BTC reacts with upper trend line. I see a 35k touch, then back down to 30k again.
I think we are also overdue for an actual 30k touch. A shakeout, see some major liquidations and volatility.
=== TimeStamps ===
0:00 = Welcome
0:30 = BTC 4 hour
1:00 = My trade fails
3:30 = Risk buying this bottom?
5:40 = Pattern squeezing
9:40 = Quick Bearish Englufing
10:40 = Capitulation 41k
12:10 = 50/200MA death cross
14:20 = MY PREDICTION = test 35k
16:40 = I will short 35k
19:30 = Closing words
SHIBA INU MARKET UPDATE 6/19/21 8:00 AMlisten to audio and see charting, shiba inu price, trade, signal, indicators, tech anal, risk management, bybit and phemex shilling by carlthemoon and mmcrypto ...total car salesmanship, dont be stupid and get rekt under them as all they care about is your signup under them because for them its a win win and for you win or lose they still win guys, be smarter, low leverage 4x or lower,no higher, dont get rekt,liquidated and stomped out so they get rich well you lose everything
#crypto #BITCOIN #DOGE #LTC (#GOLD similar structure to btc)Recorded ownership, network effects, and attention
will provide the impetus for a strong 2nd half of 2021!
Crypto Market VLOG #34 - BTC 40K break but wheres the close?BTC broke and closed above the 40k, it was unable to stay above and has been going sideways for roughly a day. If we could have held above I may have gone long here.
My short got stopped at 41,300, the high was 41330... :( that sucked haha.
There is heavy resistance at 40k and 41k. Open interest is up, significant money is short. Price action is extremely indecisive. With recent bearishness, -50% drop from ATH, would we break above major resistance or fall back down?
MY PREDICTION = didn't have a firm prediction here. Was thinking of another minor bounce to 40k range then eventually we fall and test the support of descending channel, 36k to 37k. Also, I think there's potential for serious capitulation if we fail 40k here. Like 5k+ in 4 hours.
Shoutout to todays trading view idea = @TradingShot
=== TimeStamps ===
0:00 = Welcome
0:30 = BTC 1 day
1:30 = BTC 4 hour
02:00 = BTC super indecision
03:40 = Odds of going higher
06:30 = Possible pattern trade
07:30 = FIBS
9:00 = Parallel Channel
11:00 = BTC 1 hour
12:00 = Alternate patterns
13:40 = BTC 1 minute
16:20 = @TradingShot - 4h 200MA cross = bullish
19:15 = MY PREDICTION = (rushed)
19:30 = Closing words
Bitcoin (BTC) • Time to short 40k?There is strong going demand. Intraday Volumes at lows are looking great and the Daily seems to picking up a nice steady grind.
37k is a nice bidding area in case of retest of lows to create a bear trap. Remember that this is also a probability.
Futures also showing some ongoing strength and Swaps trading bellow spot which implies strong demand coming from spot (or degens shorting and getting rekt in the process).
Check the video for more details.
I'm trying to get these videos max around 7m. I failed again. 🕯
Crypto Market VLOG #33 - BTC 38k rejection38k and this upper downwards trend line is still our ceiling on BTC.
Some of the crypto world is starting to get bullish now, buying at the bottom of this range, 30k to 33k, seems like a decent long.
This being said, we have remade our higher low. Not good. 4th rejection of upper trend line. 4h and 1d 50ma/100ma death crosses. Bad. Overall extremely bearish trend. Sentiment is low. Not much catalysts.
For me to get bullish the market needs to prove it. I need a break and close above both this upper trend line AND 40k for me to get interested.
MY PREDICTION = Next 24 hours, some 35k to 36k ranging then test 34k, maybe lower.
=== TimeStamps ===
0:00 = Welcome
0:30 = BTC 1 day
2:00 = Triangle pattern completion
4:25 = Inverse of January trend
8:45 = Long squeeze or early pop?
11:50 = 30K swing trades
13:20 = 4h Golden Cross...
16:20 = BTC LTF
18:15 = MY PREDICTION
19:30 = Closing words
Crypto Market VLOG #32 - BTC 38k ceilingOn my last vlog I indicated we were in no mans land, broken pattern and I really couldn't make any prediction. A day on, a bit of price action, and the picture is so much clearer.
Price action here has felt very calculated by larger entities, lots of big shorts closing to go long, lots of short liquidation hunting, lots of hunting on both sides. I think this is price action that can capitulate downwards quickly.
But I'm not firm on that opinion and not well researched enough. Thus my bias here is only generally to the downside.
I'm leaning more towards a descending triangle or more neutral kind of triangle or wedge pattern.
I will actively look for a short here if we can touch 37k or 37.5k again.
MY PREDICTION = Sideways at the top, maybe 38k, for 4 to 8 hours, THEN begin moving downwards, maybe 35k.
Shoutout to todays trading view ideas = @jojofang0901, @MMBTtrader
=== TimeStamps ===
0:00 = Welcome
0:30 = BTC 1 day
2:35 = Interesting price action
9:40 = BTC 1 hour
10:00 = BTC 1min
10:30 = Quick scalp
15:15 = MY PREDICTION
16:40 = @MMBTtrader
17:35 = @jojofang0901
19:30 = Closing words
Crypto Market VLOG #31 - BTC triangle broken, will 30k hold?We have broken down from the symmetrical triangle, odds have been favoring this breakdown. Measured move down from the break is roughly 23.5k
I almost always give a prediction of where I think price is going for the next 24 to 48 hours and today I really cant see anything.
We are off the reservation, broken pattern, we need to wait for structures to form. I can possibly see a 30k retest, things are overall more bearish so odds slightly favor moves down.
But I don't see anything right now that would influence my trading either way. All you can do is give it a day, see where we are tomorrow.
I do see potential for a descending triangle to develop, but not sure how that pans out as there's massive wicks in previous price action.
Shoutout to todays trading view ideas = @dRends35, @MarcPMarkets, @TradingShot
=== TimeStamps ===
0:00 = Welcome
0:30 = BTC high time frame
2:55 = BTC 4 hour
5:40 = Potential for descending triangle?
11:05 = LTF prediction
16:30 = No prediction today
16:55 = @MarcPMarkets - 30k hold?
18:55 = @dRends35 - move down incoming
19:30 = Closing words
BTC (Y21.P4.Video2).Reaction rally can still playHi Traders,
This is a continuation from the previous post, link below.
This still looks like a reversal bottom for the short term however I do see the weekly 10\21 ema as a macro potential resistance which has confluence with the 0.5 or 0.618 fib level, as per chart below.
So our ABC correction impulse could be moderate but I'm skeptical and do think a deeper correction could play out to be lower than 30k. Maybe the 50 or 100 weekly sma.
No V shape recovery, I rule that out.
So we will be here for a while.
All the best,
S.SAri