Bitcoin is currently struggled to push through todays' resistance at 22650 and puked down to around 22600 which signals heavy selling. We can also observe some major breaks of bullish structures which adds very strong confluence and probability to this idea.
Hope you followed my last update which was 100% accurate. BTC reached my target of $19.2k and bounced. Currently, the chart shows potential for a rally toward the $21.6k level. Trade Update:- We are spot long since $19.3k which was given last time and right now we are waiting for a perfect breakout and close above $22k which will trigger a rally towards...
Opinion: Without much else other than my gut-feeling and a wish to enjoy my weekend without the need of babysitting a position. I am now exiting 50% of my longs. (After a 20% exit earlier in the week.) To put it in smart sounding fashion. BTC has stagnated at the sellers control zone. Given there is no change to macro leverage procurement (Rates are too high...
BTC has been going up and down, but its been on track and following the same route it has been since it first broke ot at 19k. Once we break the 25k barrier shorts will be less inclined to short thinking that there will be a reversal which means this will go up even more. Dont miss the wave comming, simply buy and hold and keep those stop losses set if you dont...
expected a little bit more of a challenge once we reclaimed the zone, but closed really weak and below yesterday. if that was top, then this might actually end up retesting 20k as a thick wick. couldn't be down there long, as that would invalidate our count. would potentially take 28k off the table.
2nd leg finally hit overnight. should get a minimum move of wave A. likely slightly extended. invalidation above the high.
Hello, everyone! Bitcoin continues to show the weakness of the current uptrend, but I can see that a lot of shorts have been executed. I suppose we have to see another one final local pump to liquidate all these positions. Moreover the Elliott waves analysis approach tells us the exact target for the potential short trade. Let’s take a look at the 4h timeframe...
Hey traders, in today's trading session we are monitoring BTCUSD for a selling opportunity around 23500 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
What a crazy market we are in! 1000$ moves in minutes. I think next week is going to be even more crazy because of the feds decision! Trade to the uptrend till Tuesday then wait for their decision.
Hello trader👋 Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅ Update btcperp The price of the asset is currently moving in an ascending channel, I think that after we come to the local 0.3 Fibonacci line, a reversal will begin, the zone where it should approximately fall, wrote in a previous post $...
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. 33 out of 500 days done. I truly appreciate your continuous support everyone! Let me know if you like the series, and if you would like me to change or add anything. Always follow your trading plan regarding entry, risk management, and trade management. Good Luck!. All...
Bitcoin moves to its strong support again! Can he break it? #bitcoin #btc
where I indicated with a black arrow, the trend line was retested, we also retested 50 ema. Therefore, the local situation is long, there may be a short squeeze on the bad news TESLA to 28k, but the main goal is 25k.
the BTCUSD price breaks the resistance level ,the old resistance becomes new support ✔ the key level is broken 🔥 Break of structure 🔥 i predict a bullish move 🚀 TARGET: 24172.63 🎯 if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
Good morning, today in the prepared analysis of bitcoin we are waiting for the awakening of the volume action on the prices of BTCUSD. We can watch as the indicators show that there is not enough pressure to the upside to go looking for new highs, just as you begin to see more clearly a bearish micro pattern of man's head shoulder lopsided with an upward...
in my last post i discussed my bear case, this right here is the "bull-ish" case. bull-ish, because the upward move will be straight chop. alts will perform very well in this environment though, so that's a bonus 💰 --- for this particular scenario to play out, after rejecting 25~26k within the next 7 days, bitcoin will have to see a controlled move down into...
good evening, thought i'd go ahead and share my two primary cases, to catch everyone up with my thoughts. --- this right here is my primary projection for bitcoin. it implies that a local top will be created within the next 7 days, followed by a sharp move down into august \ september. >downside target on this particular projection is between 13~14k. >once this...
Broke out of the down channel, bullish until the Fed meeting Looks to me like it's gonna back test $30k. Old support is the new resistance.