FIRST STOP BTC $35K, THEN $30K... SHORTPhenomenal run in BTC on the longer term time frames suggests we have gotten quite exhausted. Looking at the shorter term time frames, especially the 4 hr, indicates a confirmation of our view that BTC is rolling over.
Paper hands keeps realized profits in this event. No sense going through a 50% drawdown. Better off getting to the sidelines and waiting for the dust to settle.
If they get to their worst we could see 11k.
I know crypto children, I shouldn't say such things.
Btc-bitcoin
BTC (Y21.P3.Video17).Compare FractalsHi All,
Here I discuss a previous fractal with a bullish mindset as well as a question to be answered, if and once we get there.
Watch the video for the answer/s.
On the 4hrly, I see a bullish div. that is likely to play out but how much?
Monthly chart, downward pressure based on candle and indicators
s3.tradingview.com
All the best,
S.SAri
Crypto Market VLOG #23 - BTC Bearish sideways actionWe tried a 2nd time to break 51k, failed. We couldn't break the recent high when we should be expecting lots of buyer support for a strong rebound.
I have a minor ascending triangle that we are currently breaking down below on the 1hour. If we establish another low below 49k here... its weaker than a 60 year-old mans weewee stream with a 14 carat kidney stone.
We aren't getting key volume and enthusiasm in breaking these minor challenges like the 51k resistance. IMO buyers are still spooked, the market is spooked and thinks price is coming down. If the market thinks price is coming down, then I think price is coming down!
We need a spurt of buying to give us another day of ranging otherwise we come down to test 48k and possibly 46k. Looking at it right now, my prediction is 48k minimum over the next 8 to 12 hours.
Big thanks and shoutouts to the great efforts of todays trading view idea authors = @TradingShot, @Babenski, @OptimoomFX, @alanmasters
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-=- TimeStamps -=-
-----------=-----------
0:00 = Welcome!
0:10 = HTF BTC Update
2:00 = Weak ascending triangle
4:00 = Death Cross 4h/50+100MA
8:00 = MY PREDICTION TODAY
13:30 = @TradingShot - Death Cross
15:35 = @Babenski - BTC possible movements
16:30 = @OptimoomFX - 42k short play
17:10 = @alanmasters - perpetual bullishness
18:25 = cryptopanic news
19:30 = Closing words
-----------=-----------
If you get a chance tap me a follow and sub on my socials!
Crypto Market VLOG #22 - No fuel for BTC above 51KBTC has broken a minor trend line, resistance, we are 30mins or so from the 4h candle close, if we can stay above it it gives a slight leaning to continued uptrend for next 4 to 8 hours. It could act as a decent trigger for DEFI alt trades imo.
We also interacting with the 51k, so if we cant break that before this 4h close then that would suck haha. Kinda counteracts what I said in the sentence above! We break above 50k, hit resistance 51k, then bounce down. This is what I see generally.
MY PREDICTION, without volume and interest combined with a ton of FUD circulating, I don't think theres enough fuel to break above 51k/52k right now. Next 4 to 8 hours, maybe 12, we range 50k to 48k.
Test downwards to build momentum upwards.
Small windows for positive DEFI trades here, but they are brief and risky.
Many thanks and shoutouts to todays reviewed tradingview ideas = @MMBTtrader, @Helical_Trades, @TradingAxis, @ArShevelev, @VincePrince.
-----------------------
--- Time Stamps ---
0:00 = Nuther Day Nuther Dollar
0:10 = BTC HTF update
2:30 = ETH showed weakness
3:25 = STF trend lines
6:15 = TODAYS BTC PREDICTION
7:10 = BTC STF Update
10:40 = @MMBTtrader
14:30 = @Helical_Trades
15:20 = @TradingAxis
16:25 = @ArShevelev
17:20 = @VincePrince
19:10 = Obligatory Elon hate
19:40 = Thanks for watching!
-------
** HTF = High time frame = 1h/4h/1day charts
STF = Short time frame = 1min/5min/15min charts
TA = Technical analysis
ALT = alt coins, alternate coins ie Ethereum, Cardano.
BTC (Y21.P3.Video16).Price Action explained and my planHi All,
My last video post on BTC for the next day or 2 as we have to see how it plays out.
Right now, I'm bearish as I have factored a number of points and unless things change, there is no value of me adding new BTC posts.
Some condition has to change for me to post an update.
Note: My exit will also be my shorting trade.
All the best,
S.SAri
Another Overlay "Exposing the Schematic"A very quick video, showing a Wyckoff distribution schematic (update from the last post).
We have covered these in the streams with @Paul_Varcoe Another stream later on BTC at 15:30 UK time today.
www.tradingview.com
With Elon's tweet pushing the price of BTC down - it's now at the lower band of the Wyckoff structure (overlaid) in this post. Some more confusion and fear to drive lower for sure!
I also posted yesterday some more educational content on why people are hooked on crypto.
See linked ideas.
Will be updating this as the schematic unfolds.
Disclaimer
This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
CAKEUSDT - How to find a good CAKE entryCAKE and pancakeswap are trending hard right now, its a great defi solution that's innovative and has triple A backing in Binance.
The common thought for most is, how can I get in on that profit?!
One way to do it is buy low, sell high! In order to buy low, you need a good entry, luckily, I think I've found one!
In todays video I go over how I find potential entries for profitable trades and apply it to CAKEUSDT
=== TimeStamps ===
0:00 = Welcome!
0:35 = Patterns
1:20 = Fibs
5:20 = Resistances
7:30 = Price path
11:00 = Entry
12:05 = Stop limit
12:30 = Take profit
14:45 = Fundamentals
15:15 = CoinMarketCap
17:30 = Tradingview ideas
18:50 = CoinMarketCal
19:20 = r/pancakeswap
Crypto Market VLOG #20 - A tale of 2 trend linesMy STF BTC prediction today, found at 14:00, we going sideways to test 57k and 58k, there wont be much volume, firm rejections that eventually capitulate into a dump downwards. HTF prediction we bounce at 55k, then possibly go 53k and 51k.
We haven't seen much volume in this rise, bears are resting, imo they have shifted to short term longs and baiting in as much money they can at 58k area getting ready to short again. (I do think there could be an 8 hour, maybe 12 hour window to safely trade here)
I think we will need a big influx of money and good news to get back over 60k. I remember somebody mentioning Zuckerberg naming his goat bitcoin... and Facebook possibly considering making similar investments to tesla in the coming weeks...
Todays featured trading view ideas are by @TradingShot, @P_S_trade, @KlejdiCuni, @neofx11, @AtlasTrades. Give these guys a follow and check out their good work!
=== TimeStamps ===
0:00 = No hay fever today!
1:00 = BTC TA update
2:00 = No BTC volume
2:35 = Tale of 2 trend lines
4:15 = Low timeframe BTC predictions
9:15 = RSI / MACD / STOCH
14:00 = MY BTC PREDICTION TODAY
14:50 = @TradingShot - convergence of BTCUSD and ETHUSD
17:05 = @P_S_trade - ETH 4.7K high
18:25 = @KlejdiCuni - Rising wedge breakdown
18:40 = @neofx11 - Potential BTC high
19:25 = @AtlasTrades - Alternative BTC trend line support
19:40 = Thanks for watching!
Crypto Market VLOG #19 - Lower than 55k is needed!Yesterday I gave a 50/50 we go down, to which I was bearishly leaning towards the downside. In hindsight I think all that was needed to justify a move down was simply the lack of volume and the overall weakness in attempts to break 58k and 59k.
We saw again BTC attempt 58k and fail right before the 55k plunge. That was a sad effort at a rally!
Today I'm seeing a 12 hour reversal to go at least sideways. I called it early on the stream, but the safer call is waiting for a higher low, then you could place a few trades. BUT, I expect us to test lower over the next 24 to 48 hours.
Shoutouts to todays featured tradingview ideas authors: @MMBTtrader, @Helical_Trades, @plancton0618
=== TimeStamps ===
0:00 = Apologies in advance my hay fever!
1:00 = BTC TA update
3:00 = Major descending trend line now resistance
5:20 = Called this dip
7:50 = Calling another trend reversal
9:00 = @MMBTtrader - He called this dip! well done
9:55 = @Helical_Trades - Discusses opportunity here to gain BTC sats via alts
13:20 = Expanding on Helical trades idea to gain BTC sats
15:50 = @plancton0618 - rising wedge could indicate move down
19:00 = Closing words
Crypto Market VLOG #18 - Another 59k failureWe've been testing 59k mark again the past few days and haven't had the volume or bullishness needed to break it. This has been a really healthy accumulation for BTC though, each time we have failed, money has piled into alts. Overall, since we bounced back from 50k, this price action has been really healthy.
Sideways BTC = best BTC.
In todays vlog I give my daily update on BTC and spend some time going over the trending trading view ideas. Todays TV idea shoutouts go to, @TradingShot, @MarcPMarkets, @goldbug1 and @VincePrince
--=TimeStamps=--
0:00 = Heya!
0:30 = BTC checkin
3:30 = Sideways testing 59k? or Correction?
4:30 = 50 / 50
9:30 = @TradingShot accumulation and go
12:45 = @MarcPMarkets - overall bullish but correction to 51k possible
14:50 = @goldbug1 - Weekly bullish and alts bullish
16:15 = @VincePrince - crucial BTC 50/50 incoming
19:00 = Closing words
-=-=-=-
Bitcoin (BTC) • 360 view of the market A walk trough several aspects of what is currently going in the market and why I don't feel this is looking good at at all. Things can change in any moment nonetheless.
We look into Coinbase chart, COT, Futures Premiums, Perpetual Swaps Basis & Funding Rates, CME, BAKKT, Grayscale and brief look of Options.
NOT FINANCIAL ADVICE
Crypto Market VLOG #17 - BTC needs to break 58.5kWelcome to the daily crypto vlog, hope you're having a grand old day.
Today I explored a couple trending BTC tradingview ideas and gave my interpretation and thoughts on them. Shoutout to @TradingShot, @MMBTtrader, @P_S_trade, @caldooninvestment and lastly everybody's favorite, @EXCAVO
All of them had good points, I love the rising wedge pattern find of @MMBTtrader, I find that highly significant and I may do my own idea building on his work today if I get time.
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TimeStamps
<><><><><>
0:00 = Hello!
0:40 = Small TF double top
2:50 = 100MA
4:20 = vechain check up
7:55 = @TradingShot -> 1 red month rule
10:30 = Reality of hitting the 1M upper trend line
13:50 = @MMBTtrader -> Rising wedge pattern BTC
16:20 = @caldooninvestment -> next move for BTC
17:05 = @P_S_trade -> interesting lower trend line
17:20 = @EXCAVO -> PLEASE DONT BE RIGHT AGAIN!
18:05 = CLOSING = cryptopanic = Bearish BTC news
<><><><><>
#BTC #bitcoin #GODCOIN has a target for $70k inverse head & shoulders
( i may have mentioned that before)
and I delve deeper a give you 3 near price targets
a good roadmap for money management
@TheCryptoSniper
thank you FRANCIS for training my brain to see these without even having to draw them
(ONLY PRICE PAYS)
;)