So btc is looking bearish after completing a 5th wave pattern. it's looking quite bearish. let's see how it goes :) already have massive, short open, so please manage your risk before trading.
#BTC #Bitcoin $BTC #Harmonic -Deep Crab 🦀 - The Descending Triangle - Demand Zone = Easy money ⏳
The assumption of an inverse relationship between the gold and stocks implies a negative correlation coefficient. KDJ (bottom) and CC (top) had inverse peaks and troughs in those circled periods. This time (blue circle) the two indicators aligned to fall. KDJ predicting the downfall of stocks may confirm the market equilibrium resetting. Moreover, the graph...
The vector analysis wave RSI volume, show a trend 📉 to bottom in this week
Planning on shorting MATIC / USD around the 4H FVG on the top of the chart * Would expect price to strongly pump and spike into that area since there is a lot of liquidity above the current price. * This predicted move could be seen as deviation above range high * When getting back into the range, I would target range midline and range low
Harmonic is not really nice due to the lack off symmetry . Just hit the naked point of control @ 17.28, with a nice reaction for a scalp. The level 17.55 looks decent with a daily. also it is the lowest point of the former range from juni till november this year. Let's see if it plays out.
I want to try a bitcoin short with ict techniques, let's see if I will be successful...
If you love the spot-on analysis done so far, please boost, share, comment, and follow for more. We are currently getting ready to test the $16,744 level. There is a high probability that we will bounce off this level and bull run up about 5%. *** Disclaimer: a second non-public chart layout was used to officially confirm this overbought point. Safe points to...
Hi there, I think the chart is self explanatory. Regards
Just a idea. Not so used to harmonics. let's see if it plays out on the lower time frame. Not trading now myself. funds are not on bybit for a few days, just to be sure.
Within 13 hours we made quite the progress on BTC down fall.
We all see the head and shoulder pattern which placed above this breakout. Now seems like before it goes up. It needs to go down and retest its previous support level one more time.,
We have a very nice Gartley Harmonic Pattern forming here, in confluence with a daily level and a fib time pull indicating where and when point D will be created.
Greetings from Team : Trading The Tides. lets discuss a short sell oportunity on (coin name ) Target area for initiating short :16700 DCA Limits : 16900 , 17200 TP :15900 SL : Hold Time : Short term Technical Chart Pattern: Posible liquidity area : 17250 Exchange:Binance Idea : Btc is currently trading inside a rising wedge , and most probably will dump...
As it failed to break the trendline and is also forming a Bearish Candle Stick Pattern ( Evening Star ) We Should see it back at the Support
Please do not buy Ethereum when this fake rally takes place. Once ETH reaches its resistance point again along with the descending channel we will see this coin below $900...
BTC Short Trade idea Buying Price- 16045 Stoploss Price - 16180 Target Price - 15600