don't shoot the messenger.i'm not convinced that crypto has finished this wave 4 correction, in fact - i am willing to place a large bet against this ponzi when the time comes 😅
take a look at this chart dating back to 2013:
every single correction we've ever had in the history of bitcoin has tested the weekly 200ema before resumption to the upside.
you know what is in perfect confluence with the 200 weekly ema?
the organic wave 4 algo target.
dead cat bounces are fun, but they are short lived - what follows after though, very few ever expect. the majority of the population trade using their emotions & get overly excited due to the large short term gains they experience 😁 (i know the feels, no hard feelings).
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my downside target is 22k, we could see a wick get as low as 15k for a quick liquidity grab due to the over leveraged long liquidations.
this will put in wave 4 on a higher degree
my upside target from there is 120k (at the bare minimum).
ps. short term bearish, long term very bullish.
ps2. this will be The generational buying opportunity if you know exactly what to buy and when 😉.
best of luck to all 💸
Bitcoin Futures
Let's tale it easyOk nothing matters, not any indication of things
The story is truly different on this chart and my numbers are somehow accurate, for now we might see the price on 48k
Even if it doesn't get there it is not a big deal for people whom bought 30k
So as the price is generating bear traps and wedge form sentiment rewards for bulls, also volume is not normal in my point of view and i had traps because of this personal idea, i say next position on this chart for long is ~17600, maybe 33k for a short time
Next empty area (~33000) is the place we like to go, this is my plan on this chart and it is subject to failure
analysis BTC hello
this is give for you all , but i am not responsable for you trade i publish my view and analyzes , if you agreat with my idea tell me in comment ; now bitcoin iwe can buy it , bitcoin break with force the line and bif freen candle so we already see that there is something to prepare
btc primary.look for this wave 1 to top out at 45.5k
that's also where the 200 daily simple moving average is, perfectly in confluence with our sub wave 5 target to put in wave (1) on a higher degree.
from there we should in theory see a mean reversion for wave (2) to about 34.7k
the alternative is btc will have a flat correction, similar to last year, where it will move sideways for a month or two, rather than down.
if we do see the mean reversion for wave 2, that is the key entry for long positions on any alts, as well as leveraged longs on btc.
since btc wants to move up, we have to adapt to what the new data is showing us, and as of this moment that data points straight up.
wave 5 could see an extension to 100k+, but i'm being conservative with my analysis here, and giving it a 84k upside target.
better to aim lower, than higher.
best of luck to everyone, let's get it.
The scam of the year (BTC SETUP) 🚨🚨🚨So many people are about to get caught in this double zig-zag, thinking that it is a reversal to new highs. I'm here to warn you that we will not be making new highs on this aggressive move to the upside (to 39k) in the coming days, but rather it will be the final phase of distribution before MM dump the last of their bags on everyone. Don't get caught in this trap, as it is going to happen Very quickly. Scalp it, sell on the way up, set your take profits, move your stops up as we go - do whatever you can to protect your capital. You aren't going to want to be a part of what is to come after this big move.
My down side target sits at 23k to complete this Wave (4) correction, but I would not be surprised to see a liquidation wick bypass that 19k range to liquidate as many longs as possible before the real move up to 80~125k.
You have been warned, trade safe.
Bitcoin Bull Market Blueprint - What The Last Leg Looks LikeI've poured every ounce of my being into understanding markets, cyclical behaviors, patterns, etc. I very much believe this is the path for Bitcoin. Wave 5 will resemble wave 1. I expect it to run to the 1.618 fib extension. There will be no retest just like in wave 1, but the level will later be retested as the eventual next bear market bottom.
Everyone expecting prices below $28K will be left behind, and it will force more FOMO and higher prices in the last leg. The sentiment is perfect for it. Everyone thinks the bear market already started, and being wrong is what will make the final bull impulse faster and more furious than ever before.
The trajectory based on the wave 1 bars pattern matches what would be a run to the top of logarithmic growth channel, which all past BTC cycles have topped at. The 144 bars have significance re: Gann. It all also follows a parabolic curve. Getting this published to look back on fondly when I am retired next year. ;)
Not really!!Okay let me tell you what’s happened
Bitcoin shillers (crypto influencers) starting spreading FAKE SPECULATIVE news about AMAZON!!
This news is not official and I’m sure tomorrow the real news will confirm that Amazon is not gonna accepts bitcoin. Why they have to?
They are working on their own token they no need bitcoin or any other scamcoin for their transaction.
The 38k Gap is filled, now new Gap is in 32k level, and it’s where that I think the price will go.
Always do your own research never trade other people Idea.
Rekt in peace
CME Gaps explained - Sunday night suckersI've been exploring CME Gaps for sometime. Here in this chart I go through several of the most outstanding gaps left in the BTC market.
Tonight was a wonderful example of how CME Gaps can lead you astray. Generally speaking, CME Gaps are filled relatively quickly, and or the gap price hovers closely over the weekend, so the fill almost goes unnoticed.
This weekend however, went differently (so far), but not so differently if you look into the past. There is in general gap theory on all charts, but BTC holds many peoples close attention. The last time the CME gap was this large, it slowly but surely filled that gap methodically. Once market makers saw this opportunity (imo), there was an explosive run away gap scenario to take advantage of. Many retail traders observed an opportunity to short once CME began trading again, this is generally not a poor strategy. However, other market makers saw an opportunity to grab liquidity, and they have thus far.
Which other major CME Gap will fill first $49K or $23K? Or alternatively, fill the newly existing CME Gap and remain range bound for another month or so?
25 july : sma200 daily show 44000 technical say bitcoin going to fibo 161% =40.000 (left red fibo on down leg )
if you(CFD,FUTURES) have sell you must put SL on last high and exit near 33700
here are most powerfull place (price on chart)
after speak my frinds, big bank traders we see strong buy coming , bitcoin can touch sma200 daily 44000 ,dont think bitcoin cant back to 60.000
advice : keep monitor on daily chart AC and stochastic simple 7.4.4 , looking for buy in deep , hold min to 39000
Remember the gap in the cme?In financial markets, some conventions, although not too much scientific basis, but magically exist. For example, gap theory, cme has been following the principle of gap ratio filling.
There are several more obvious gaps in this wave of rise. On December 24,2020, cme's btc contract opened high, leaving a gap of nearly $2,000 USD. Then then soared until the peak of $65,000.
After four months now, the bitcoin price has fallen below $30,000, and macd also faces a bottom departure, but where will it be the bottom?
If we look at the gap theory, if the gap is closed down, here is a complete adjustment, if the decline is fast, the macd may form a bottom departure, then. The gap of $23,795 could be the target for this adjustment. Here corresponds corresponding spot price if we follow
Of course, this is just speculation, and does not serve as the final admission signal. We should still respect the market, observe the discipline, and adhere to the right-side buying standard.
Bitcoin True priceHello
This is not price prediction or bottom target
Just an Idea about how much is really “worth” a #Bitcoin
The answer is, The Covid2020 price!
Yes $3k\5.5k
So if you are a bagholder and bought your Bitcoins above this range price, you over paid it!
Goodluck HODLERS, Tether “FUD” is becoming “FACT” while you were busy to hating on Elon Musk.
btc weekend trade idea.double zig zag into the wave b.
target = 39k .
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grayscales average is at 40k, they're gonna get the price up there before dumping their bags.
this idea takes us to their average, perfectly in confluence with the 100\200ema on the daily, right in time for the bearish death cross
weak wave b-> followed by capitulation into wave c (maybe even an extended wave c).
Buy the dip if you want to take a chance this weekend. I'm taking the chance, because that's my job, taking calculated risk for a living.
Let's ride.
Cheers homies.
most powerful place you must buylimit all sl=1500$ trail stop =1500$
if buylimit open, trail stop move sl to open price, disable it and give 7-8 day time for grow (we calculate next
high =39000)
dont close them soon ,like new traders, must be patient and give time for + orders
in posation like this eat SL to TP in 100 posation=
winrate arrow 1(up)=70% TP 30%SL
winrate arrow 2=90%
winrate arrow 3=95%
winrate arrow 4 in 20.000=100%