Massive short opportunity to previous resistance/support on the 1 hr time frame. Could see a bounce on the $39.9k before dumping through the resistance box and looking at price level below the $38.6, or bounce back up to $39.7k. I will be shorting this with stop loss of $41.45k on 10x leverage and will be taking profits at $38.7k before re-evaluating the situation.
Whales are selling, why aren't you? Btc showing divergences and weak volume.
We have just completed a proper re-test of the downtrend on the weekly and monthly charts the Connors RSI was warning of this way before it happened if you want to use the MACD properly you need to use multiple timeframes you cannot rely of one time frame combined this with the Connors RSI and Fibonacci levels, along with your up and down trend lines, I’ve...
Hello, Today i want to show you this triangle that we are at the ends. We need a really great new to get a new higher channel, or i believe this times are great for short trading. Please be carefull. If you like the analysis please like and share. Have a good trade!
When the rumor spoils the technical analysis!! Bitcoin is at a very sensitive point, resistance 40 to 42, which is very crucial! I do not work with indicators too much, not only are they bad or incorrect, but they are also very accurate! The fact that I do not use the indicator much because I have my own scalping strategy, but I use it a lot in long-term...
Went back and did a little work as this is déjà vu for me from 2018 and I was really surprised to notice the dates as well as the indicators almost perfect uncanny really have a look on the chat and scroll between the two date timelines which will be in the yellow boxes better view on the daily, you’ll notice the similarities between the peaks in the indicators...
Bitcoin's price today is at $38k level, with a 24-hour price decrease of -1.84%. As predicted, price is headed to test 40k resistance level , with already 4 out of 5 targets reached since the LONG signal (please view the related idea). MACD crossover, indicating a strong bullish pattern while moving averages are flattening, suggesting a pause of the downtrend...
Each push getting weaker, indicators indicating flagging or down instead of flagging or up... Yea, this is when you consider a short. Could go either way, but I think we cool off back to 31k at least, before we have a shot at returning to bullishness. There are a few stronger support areas now though on the way down. Set stop loss accordingly. Crab claw coming...
Seeing big pumps like the ones we are have been seeing that past few days surely gets our hopes up, but remember that in the daily time frame we are still in a downtrend and we are currently testing the 55 EMA, so if we are able to break this point we could see a trend reversal but we don't have that scenario just yet so let's stick with what we have now.
BTC shows signs of rejection to break 35k in the 1D TF. Breaking below 29k is still possible using the bearish Wyckoff pattern.
Hi guys here is what I'm thinking and I'm pretty sure about it 24000 is short-term and 19000 is midterm destiny for BTC we are in middle of bear market now
Now we are in a weekly bear market and even worse, we broke down from an ascending triangle with a target of 22k. I think we will see a dip to 25k in the next days. I will upload for you. bye.
Channel scheme. Eur / Usd trends in sell. The pair is ready for a downtrend (1.16999), but a small uptrend (1.18200) is likely to occur. Target one: Buy 1.18200 Target two: Sell 1.16999 Don`t forget to look the economic calendar. THANK YOU! GOOD LUCK!
There are two bull flags formed on the daily chart as shown. I have put a personal "buy box" at the bottom for when the time comes on a long entry.
BTC breakdown dynamic support & failed retest. Short entry 33900-34300 S/L 35200 TP1 30300 TP2 29400 TP3 26900 TP4 25150
We have to dump before we can pump. Can't get to max pain in the 30's, and between TA, the fud in the news, and the fear surrounding the greyscale unlocking on the 18th could give us a nice dump in the coming days. Even without it, we've broken down out of a wedge (that was inside of a triangle), and there's an argument that can be made for a puny h&s, so down is...