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-usdt
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
FRACTAL ANALYSIS. V SHAPE RECOVERY. 20% CHANCE. SEE DESCRIPTION.So, i have something to share with you. This is just my vision. JUST MY FANTASY. Let's speak about it now.
***WARNING*** YOU WILL BECOME A MOON BOY/GIRL, SO REMEMBER THAT IT IS ONLY 20% CHANCE.
I used fractal analysis (took a fractal from covid dump and V shape recovery that happened in 2020), to predict what can possibly happen. During Covid dump It was absolutely the same - unpredicted conditions on the markets and bad macro economic factors in general. During 2022 dip in Crypto people has been expecting the CRASH OF FINANCIAL SYSTEM, but in general we received 9.5% CPI rates and this is it. Same was with Covid dump. People has been expecting apocalypses, but economy recovered in 6 months and a lot of people who bought crypto during these dip became a millionaires just in one year (imagine ETH for $80).
According to this theory, i think, that even stock2flow model can be still correct. Just timeframes have been changed.
So lets speak about the cycle. I think, if we will see this option playing out, than overall bullish trend of 2021 was just a pre-bullrun. Real bullrun in this case should happen in 2023 when BTC will hit $300K+ price target. THE FOMO WILL BE ABSOLUTELY UNBEARABLE. And this will be the end of this cycle and we will see another bear market (apx. since september 2023 till september 2024) with an absolute bottom for 1BTC at $70k-80k.
And just enjoy how this fractal perfectly matches everything. So according to this model - we will see $60K+ for 1 BTC at the end of this year. And $300K+ for 1 BTC in the next 12 months. Crazy? yes. Possible? Yes. Will it happen? I would say yes with a 20% chance 😁
BTCUSDT ! Head And Shoulders pattern formation. What's next?🤖BTCUSDT is trading in an upward price channel. I believe that this channel is a local correction in a global down market.
On the chart, we can see that the price updates the local tops of the 24200 level and forms a false break after capturing the liquidity. The price returns to the range, under the 23360 level, thus forming a Head and Shoulders pattern.
I assume that after the price fixes under 23360 level, the crypto coin may start to work out this pattern and we may see a downward movement. Short-term target is the border of the channel and support level 21650, if we manage to break this channel down, the key target will be support 20185.
Regards R. Linda!
BTCUSDT on a further bullish price action? 🦐BTCUSDT on the 4h chart after the break of the daily channel perfectly retested the support area.
The market is now moving at the 23k above the structure.
How can i approach this scenario?
I will wait for a break of the minor resistance and in that case i will set a nice long order according to the Plancton's strategy.
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
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Follow the Shrimp 🦐
BTC dwindling prices!!Despite some Bitcoin trickery, the overall view for the immediate future is still negative but will be keeping Stops as tight as possible.
Whatever happens, buying these cryptocurrency assets at the time just doesn't feel right, especially when there are no obvious or convincing technical indicators for long positions.
Until additional price movement is observed, it is hard to rule For or Against this asset hitting the $15k level.
Perform your DD! Nothing is etched into stone, the markets is king Always!
Cheers to trading!
CTK Perfect Play! Both TP's HitBoth TP's hit...We wait a little bit but the plan and execution was good...
Bitcoin Short-Term Buy to 23kAfter the recent drop from 24200 to the major support level at 20700, bears have failed to break it down and respectively BTC has bounced back up from 20700. It looks like bulls will try to take 24k again. Stop Loss should be below 20700 and TP before the resistance at 24200.
BTCUSDT Potential for Bullish Continuation | 28th July 2022now
On the H4, with the price breaking out of the descending channel and moving along the long term ascending trendline, we have a bullish bias that price would rise from buy entry at 22218.45 where the overlap support is to the take profit at 24324,67, which is in line with the swing high. Alternatively, price could drop to stop loss at 20835.58 where the overlap support and 61.8% fibonacci retracement are. Take note if the price keeps going down, it may drop to the support at 18814.47, where the significant swing highs are.
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