bearish pattern but it like bullish I think BTC start to complete a bearish pattern .in this case it is possible price go up from here to the 50%of FIBO as I marked in chart.it will be like a W pattern when going up and you want to hold it for complete W pattern but it will go down sharp when price touch the 50% of FIBO green line in the chart .the red line is time for top or sell btc.
Btc-usdt
The strong rebounce of bitcoinThis should be the strongest and final rebound of bitcoin as it going further down. My prediction will be 16k before the bottom is really bottom.
We already hit 18k, and it immediately rebound to 19k, which apparently is a cat market - dead cat bounce.
Still the economy is not stable:-
1. The Ukraine war is escalating or there are no way out still, the USA still sponsoring Ukraine with millions of support. And Russia had determine to turn off the gas pipelines.
2. The China lock down or so call communism close down policy. Is rather fishy and insane or not making any sense. To just selfishly contain economy within China and remain exporting goods to outside. This mean that, they can make your money and you can not even make theirs.
3. The economy of whole world is frozen by covid-19 for 2 years and just seeing it start to melt. The melting process take longer than expected. People do not want to travel due to safety or rigid process. And yet some country do not want you to visit them. It's just not going back to pre-covid era.
MATIC USDT S/R LINESMATIC/USDT SUPORT AND RESISTANCE LINES M W D H4
matic usdt suport and resistance line in monthly weekly
matic usdt suport and resistance line in monthly weekly
matic usdt suport and resistance line in monthly weekly
BTC/USDT ANALYSIS#BTC/USDT ANALYSIS
BTC is moving sideways in a range, in between the marked horizontal support and resistance zones. It broke out descending trendline resistance in the recent bullish move and currently retesting it, a successful retest will result into a bullish move, while further consolidation can be expected until we see a sustain breakout or breakdown.
BITCOIN MAY FALL TO 10K IN Q4 2022This is a follow up to my previous idea
I posted an idea a few months ago about how BTC likely won't go any higher than 200 DMA, and so far it has been following my outlook very closely.
Bitcoin bearish outlook using 2018 data.
I have been closely observing 2018 bear crypto bear market and have been studying it since last year.
There are quite a lot of similarities between 2022 bear market and the 2018 bear market. If you look at the charts, some of these are quite obvious such as
- Blow off top in Q4 2017/2021
- A little rally in spring 2018/2022
- Couple red months in a row in Q2/Q3 2018/2022
- Dead cat bounce in summer, green monthly candle in 2018/2022
So now we will look at what the BTC price action may look like if it continues to follow 2018.
- The next couple months, like Q4 2018, would see the bottom of this bear market and have prices get to levels that could take many people by surprise.
- November/December 2018 saw the market bottom out and gave a great opportunity of a life time, this may be the case again.
- Also there are more factors here than just following 2018, such as:
- More interest rate hikes
- Negative GDP
- Quantitative tightening
- Inflation continuing to get worse with soaring prices
- Another possible covid variant
- More countries have economic collapses
- Gigantic stock market crash, perhaps as much as 50% as per Michael Burry's outlook
- Traders and retail choosing to cash out to pay their loans to avoid higher interests, or to afford basic needs with higher prices
- People losing their jobs and more getting laid, having to take out their investments to support their families
I have only charted upto Jan 2024, simply because it may be a bit harder to predict what happens after. In 2020 we got the covid crash, odds of another unpredictable global pandemic in 2024 are very slim.
Also, the fed has mentioned that they could possibly start printing again as early as 2024, which also happens to be very close to the Bitcoin halving.
And since we are making this based on past BTC trends, the halving always happens to slowly kick off the next bull market.
To sum up:
A) Bitcoin may fall as low as sub $10,000 in Q4
B) Mini bull market in first half of 2023, similar to 2019
C) Resume bear market in second half of 2023, similar to 2019
D) Getting to end the bear market in early 2024 and starting the next big bull market, similar to 2020
BINANCE:BTCUSDT BITSTAMP:BTCUSD BINANCE:BTCUSDTPERP COINBASE:BTCUSD BINANCE:BTCUSD BINANCEUS:BTCUSD INDEX:BTCUSD BNC:BLX NASDAQ:BLX BITMEX:XBT FTX:BTCUSD FTX:BTCUSDT BYBIT:BTCUSDC BYBIT:BTCUSD KUCOIN:BTCUSDT BITFINEX:BTCUSD
RLinda ! MATICUSDT -> support breakdown. What's next?MATICUSDT An interesting picture is forming on the chart, which reveals short potential. Leading cryptocurrencies are in the red zone at the moment, MATIC is breaking through its upward price channel and is not returning back to the channel.
The chart clearly shows that the price is trading under a resistance zone and is currently heading for a retest of that zone.
I assume that the pressure from above will not allow the price to rise. This consolidation is a set of energy for further movement, I think that at one of the borders there may be a shake-out, after which a strong movement will begin.
Regards R.Linda!
BLZ delisted from Binance. Contracts settle at 9:00 UTC, SHORTBLZ delisted from Binance. Short it before contracts settle at 9
Bull Trap BTC/USDT !???Is the price of BTC/USD going up? YES but, is it rising strongly? NO
Possibly the price is going to give another bearish trend in the short - medium term since historically the last months after the post-halving year are bearish and more September. Besides, it is presenting a correction pattern and the correction patterns do not present strength. We'll see what happens at the end of the year
It is also possibly going to see a recession in the remainder of the year and what falls the most are high-risk investments such as technology companies (Index: Nasdaq TVC:NDQ ) and also BTC INDEX:BTCUSD is a high-risk investment.
Below I leave you an idea that I shared of the S&P 500 SP:SPX
Here all the last months of the next year post-halving:
MA and EMA 200 1 day:
BTCUSDT | Planned correction, there is not much left.Hello everyone, I wrote a new idea for you. I think it's easy to like and subscribe to the channel, thanks😉
📌After numerous attempts to break through the strong level of $25,000, the asset bounced back to the $23,500 zone, thereby forming a downward channel at 3H
📌Yesterday's FOMC pump also surprised you by 300-500 points?😅 All events took place on the stock market, and bitcoin remained at the same values.
📌Now there is a struggle between sellers and buyers, pressure from the bears continues, if the trend line breaks out at $23.200, the next support zone will be $22.800
📌I also want to note the $23.800 zone, it was POCom (volume profile), this level was broken and now we can observe a downward movement into the zones that I noted above👆
📌 In a nutshell, wait for the rocket guys, soon we will fly at the expense of the SHORTS. They will pay for a ticket for $30,000
BTC Wyckoff AccumulationHey guys as you can see Btc is forming a Wyckoff Acculumation !!
IMO Buying from here now is totally safe ...
We can also notice that Btc formed the same structure in the end of 2018 so there is a big similarity in two charts and here is the link to 2018 Wyckoff event
That's what I see for BTC and remember always DYOR
BTC USDT LONG SWING | BTCUSDT | LONG @ 23500 - 24000 | TP @ 24250, 24400, 24500, 24600, 24750 | SL @ 21750 | PATTERN = ASCENDING TRIPLE TOP BREAKOUT | BITMEX |
Swing trade idea. Kindly follow targets and stop loss. Will update with new targets once all 5 are achieved. Mostly trading with PNF charts, MACD, RSI, Stoch, BPI, Cipher, MA/EMA, Support/Resistance on hourly timeframes and higher time frames
BINANCE:BTCUSDT BINANCE:BTCUSD BINANCE:BTCPERP BYBIT:BTCUSDT COINBASE:BTCUSD BITSTAMP:BTCUSD FTX:BTCPERP FTX:BTCUSDT
BTC might be preparing for a down moveAs we can see in this Daily Chart of BTCUSDT, we're seeing a rising wedge pattern narrowing down, many investors are looking at this pattern currently and has been decreasing their trading volume to watch if there is going to be a false move or a huge down move.
However, despite of it great pattern, we are still currently seeing that there's already a huge amount of liquidity pool within the 17-19k price area. We can say that we have a strong support. With also the recovering economy of the US, we are seeing some investors pushing their dollars to BTC and foreign assets.
In the coming FOMC we might see some drop in interest rates as well, this will be a good chance for BTC to do an impulsive move to the upside.
BTC 1D TF, 69k Trend, The channelBTC 1D TF has been ranging this channel since June 18th
would we be squeezing in this range till month end August ?
Could you, wake me up when September Ends ?..
1st idea-BTC breaking out through the main Trend line channel up we go.
2nd idea- BTC Falling wick down till support, kill all bulls, grab liquidation, up and Away 🤔
Let me know what you think!
could the 🐻⛳️ be active ?
Do share your idea💡
ay what about FOMO trapped its over Guyz ?
Lets see how its prints out
Happy trading,
Wishing you a Green (Sept) Day