Just something I see, may playout, resting on an important fib level atm! This is not a trade idea, just a overall market analysis! Be safe!
Disclaimer: This is not financial advice High leverage trading is all about entries, you need to have patience and to not let fear of missing out drive you into opening rushed positions. Map out your trades in advance and wait for the right entry. Our aim is to capture quick & safe profits, not to predict the future, this is possible only if we plan ahead and...
-Yurlo Please hit that like button for creating this interesting fractal from March 2020 👍 Here's an interesting fractal from March 2020 I've decided to make a whole ass technical analysis for just because i'm currently bearish for $BTC (which could be wrong) however, I still believe that the current local top $10700 USD ~ will not be surpassed before seeing at...
In short, if (price) drops to 9k then moon. If we don't break the purple rectangle residence area of [10.4,10.6| with good volume we might go all the way down to the green logarithmic support line of 9k. Let me break down why I believe this could happen. This purple rectangle has been acting as resistance for a while now, and recently, we have been rejected by...
BTC is looking weak and ready for some more downside on 15 min TF
routes the bear intraday trader might got. stop loss not too much higher than H4
Gap is there. linear regression channel support. L4ish on monthly. Decreasing volume with growing sell volume. PPO reading top. so is my TKE occilator over it. and the daily fisher transform seems to be flipping and its be at the 2nd deviation for a minute. and the red + sign is a daily wave trend cross. Also since we are losing monthly H3 the typical camarilla...
We have seen a huge drop of BTC to the precious support 1 and again testing the 200 EMA. If it breaks, we will go to the 2nd support What do you think ?
BTC might retrace a little, will look for short apportunities
It's looking very likely that we will double bottom in this descending channel. This is bearish short term. short target: 10.900
It's looking very likely that we will double bottom in this descending channel. This is bearish short term. short target: 10.900
BTC found big resistance at the 12k, now is testing the 11k zone with no interest, will go to the big balance zone at 10ks. If volume shows buyer absorbing sellers good signal to buy.
When all say buy buy buy you must say - "why?" Do you believe in endless pump? I dont believe. Entry for short is 13..14k.
Let’s short looks a bit toppish for now Low Leverage Target: 10,700 SL: 12,189
Hello I noticed that the descending triangle occurred on the chart, therefore the price can easily go back to 12k. descending triangle is quite special because it has much probability of success some say even 90%.