If the death cross materializes soon which i believe it will, we're going back to retest the breakout at 17.5. Looking for longs from 17.5k as i believe the bottom is in.
I know chart is a bit messy, but would like to publish asap to send this warning out to you guys! Many bearish indicator from bearish pattern to bearish divergence etc etc.....
There are many signs leads to $21000. 1st EMA200 on Weekly chart was just touched and may it will back to 21k. 2nd overbought on daily chart that make the correction should be as soon as to keep confidence in market. DYR it's not a financial advice.
hi my name is pedram , my idea for bitcoin it is. good luck & wish best please like and share my this idea, BINANCE:BTCUSDT
CE shows a Sell signal, and forming a M formation. Short entry is at the red line
After the W forming at 16-17kish price level we now see an M which means in my humble op that this is a trap for longs. Simple clean. Stay True, meme more. ***not a financial advice*** (This was made as a meme or maybe not...)
Enter at the Green line for Long if the Structure is holding, enter at the red lines for a Short order. If a LONG Scenario plays out, take profit at the 200EMA (~20950USD) If a Short Scenario plays out take profit at around 20130USD
btc is doomed for 10k sorry...... anyone jumping in is probably going to get rekt. these were my buy signals for the past 3 months. should of gotten in then. sellers will make sure btc doesnt get above 25k in quarter one. anyway good luck crypto! hodl like your life depended on it.
On the coin, after a strong growth, an interesting cascade of loons was formed. I consider the impulse breakdown of the cascade after the formation of local trading at the upper level with ideas to collect liquidity below. I will not enter the entrance when there is activity in the glass, I will not enter from the approach.
Hello, traders I think we have an opportunity to sell bitcoin in the short term This is not investment advice, you are responsible for your decision
Macroeconomic factors will not do Bitcoin any favours in the short term. I believe the recent spike was a consequence of short position liquidations (~600mln) and not new adoption or demand. Therefore another leg down is more likely than anything else.
4H/Daily Resistance level reach (17550-17350) Best Risk Reward Ratio 1:4 MACD Divergence is form
Looking for Bitcoin to come back down to $16,600 on the 4 hourly based on the Stochastic RSI being overbought and looking to come back down to test our Moving Average within the Bollinger Band. Keep in mind we're building momentum on the daily So Bitcoin is likely to have a run up in the price in the coming week or two. Much peace, love, health, wealth. Safe...
Bitcoin will soon test $10,600 when touching the downtrend anyway We definitely have an uptrend The best time to buy 12000$-10800- The next price peak will definitely exceed 100k good luck for everbody
I see bitcoin falling to the 16663 region for the short term,
TA: Elliott impulse wave (12345) - Elliott correction waves (ABC) - Falling Wedge Pattern - RSI in weakly time frame is still bearish . I can't see any bullish market structure Macroeconomics: EUR problems bcz of Russia inflation - covid-19
Short. As stated before on other posts, just wanted to make it clearer.