Btc-bitcoin
BTC - Open interest increased by $1B during last 12 hoursBTC - Open interest increased by SEED_TVCODER77_ETHBTCDATA:1B during last 12 hours
big move is coming
1st plan - follow the tide until big liquidation even as i share on BTC example
2nd. in a case of structure change - trade traps trader as we did on ETH previous week
Bitcoin liquidated all trapped buyers! Time to RISEBitcoin liquidated all trapped buyers! Time to RISE
In a previous analysis, i shared with you that in the case of TRAP price should go into vAL area $63k zone to liquidate those trapped traders
yesterday price did it and also trapped sellers
time for rise
BTC could drop after TRUMP speachBTC could drop after TRUMP speach
I read all crypto Twitter the whole morning and so many Bullish statements with no pricce result
1st - I will never trust news in Finance space.
2. I saw too many times that when buying the rumors, selling the news played out exactly.
ALso exactly at top we face 20b candle. if price squeeze down after it - that would be perfect opportunity to take short as we had on ETH
BTC...a big move is brewing!Bitcoin keeps finding sellers off the SWB:69K previous all time high 2021 resistancce.
We have not had a definitive break above that are for quiet a long time.
If the bears reject price again were likely going back to 50K.
If the bulls can get above this level and hold some weekly closes we may have a move to 95K in a few months.
Very ley price action is set to unfold.
Use caution in this are.
BTCUSDT Forms Bearish Head and Shoulders: 5% Downside Target in Bitcoin (BTCUSDT) is showing a classic bearish head and shoulders pattern, signaling a potential trend reversal. This technical formation, considered one of the most reliable trend reversal indicators, suggests that the current bullish trend may be nearing its end.
The pattern consists of three peaks, with the middle peak (the head) being the highest, flanked by two lower peaks (the shoulders). As the price breaks below the neckline, it confirms the pattern and indicates a likely downward movement.
Key points to consider:
Pattern confirmation: Watch for a decisive break below the neckline.
Entry point: Consider entering a short position upon neckline breakout.
Stop loss: Place a stop loss just above the right shoulder for risk management.
Profit target: Aim for a 5% downside move from the breakout point.
Traders should exercise caution and use proper risk management techniques, as no pattern is guaranteed to work every time. Always conduct thorough analysis and consider multiple factors before making trading decisions.
#Bitcoin #BTCUSDT #CryptoTrading #HeadAndShoulders #TechnicalAnalysis #BearishPattern #CryptoMarket #TradingStrategy #CryptoTrends #RiskManagement
Bitcoin - daily close above 62k will be a start of new up cycleBitcoin - daily close above 62k will be the start of a new up cycle
Price is right now at the previous VAL - that's a major resistance for this trend
it's so important to take a trade after clear confirmation
that's confirmation is a daily candle close above 62k
$BTC Bitcoin is out of Range...$Bitcoin price action has lost it's range!
Current price: 57100
Previously
#BTC continued to find rejection around the 71500 resistance and also established support around the 60600 area - Bitcoin's established RANGE is between 60600 - 71500
Currently bitcoin has lost that range and has committed a lower low. Meaning that a trend shift has occurred and. price action has begun a downtrend!
BTC Down Supports: 54500, 52200, 49700
Bitcoin - Oi increase by 600m during last 2 day big move is comiBitcoin - Oi increase by 600m during last 2 day big move is coming
In a video i share my previus plan where i told to take LONG in a case of SL hunt at VAL
Price did it with trapped open interest
at this moment chances to take SL of sellers are HUGE
also in a video i shared in waht case we should consider short trades
Bitcoin Big liqudations is at 72k - 73k areaBitcoin Big liquidations is at 72k - 73k area
Price took SL of buyers so many times
base of BTC price action after it they often go for SL of sellers
In a video i share heat map where u can see big liquidations at 72 - 73k
watch full update to understand my plan
Bitcoin 1.2B of Oi is trapped. How WHALES WOULD TRADE IT?Bitcoin 1.2B of Oi is trapped. How WHALES WOULD TRADE IT?
iN A VIDEO I SHARED MY IDEA ABOUT btc and how i plan to trade it
Price at this moment is in middle of local range - i prefer to take a trade after Clear SL hunts and squeezing. Becasue those trapped trades should be liquidated