Neural Network predicts Bearish Wedge, puts Short Position w/ MLNeural Network predicts Bearish Wedge, puts Short Position w/ ML
Bearish Wedge
Rising Resistance
Falling volume
Weak Momentum
Bearish Divergences
Short Position
Positive Risk Reward Ratio
Neural Network predicts dump
Machine Learning signals breakdown
Target: $39k-$37k.
Stop loss: Close above the wedge.
Btc_usd
BITCOIN EXCHANGE RESERVE 📉📉📉📉 WHY I AM BULLISH ON BITCOIN FROM A FUNDAMENTAL-MACRO PERSPECTIVE ?
✅ Exchange reserve is a collective measure of potential coins that are ready to be sold in the market.
Exchange Reserve is the accumulated result of Exchange In/Outflow & Netflow which naturally follows the indications that in/outflow has. Similar to Exchange NetFlow's interpretation, an increasing trend in netflow indicates the selling pressure and the decreasing trend indicates the buying pressure.
However, instead of Exchange In/Outflow & Netflow indicating the specific moment or period, Exchange Reserve is easy to track the result of the entire period's movements
✅ It indicates the degree of accumulated selling pressure in the exchange
High : High selling pressure
A large number of coins are staying in the exchange to be traded indicating high selling pressure
Low : Low selling pressure
A Small number of coins are staying in the exchange to be traded indicating low selling pressure
✅ It shows the changing status in scarcity
Increasing trend: Decreasing scarcity -Bearish
More coins are available in the exchange indicating decreasing scarcity of coins that are being traded which supports bearish movement
Decreasing trend: Increasing scarcity - Bullish
Fewer coins are available in the exchange indicating increasing scarcity of coins that are being traded which supports bullish movement
BTC MAINTREND 44K - DEPENDING ON TA STILL INTO UPTRENDHello trading friends,
Depending on TA trends and Data - BTC is still on the green trend - even with the low time frame breakdown we see last hours.
The main trend of BTC's expected target could be 44K coming time.
The dow jones trend is also still into an uptrend depending on TA.
Coming time is an interesting time for BTC - as BTC should hold the 42K to be more powerful. but we know from history when the new volume whale trend starts it goes what faster. and with the expected if the trend shows this volume we could break over 43K - on the way to 44K trend - The new split zone.
This is a general trend that we are still into uptrend depending on TA - same time it's always possible that unexpected trends can happen.
The point where we are now is important to hold the price action - and trend whales knowing this also.
Have a great day.
@ this is not a trading call - trade depending on your setups.
BTC to Move Lower? Bitcoin - Intraday - We look to Sell at 44587 (stop at 45606)
Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end. 45332 has been pivotal. We look for a temporary move higher. Preferred trade is to sell into rallies. Bespoke resistance is located at 44500. Expect trading to remain mixed and volatile.
Our profit targets will be 42004 and 41104
Resistance: 44000 / 44500 / 45500
Support: 42000 / 41500 / 40500
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BITCOIN: BOUNCED BACK STRONG.Welcome members to this update on
If you are viewing my post for the first time then do not forget to like and follow. I share updates on the crypto market including margin trading, futures, spot, and scalping. All ideas are my biased opinion and I invest in my own risk. I don't force anyone to buy or sell, I simply share my ideas absolutely for free and it is your sole decision whether to trade on it or use it to understand the market.
In our previous update, I mentioned the possible chances of rejection from the $42.4k resistance level and we saw the rejection up to $40.5k resistance, and then currently we can see a big jump trying to break the $42.4k ceiling. If this time BTC manages to break through it then breaking above $43.5k won't be far away. As BTC is trying to break above the resistance level, we also need to be careful regarding its chances of getting rejected. If at all BTC fails to break above the $42.4k resistance then we can expect BTC to drop towards $41.2k to $40.2k.
So guys, let's be extra cautious here.
If you like my idea then do hit the like button and comment your views.
I'll see you on my next update.
Thank you.
BTC - Daily update - BTC ON IMPORTANT ZONE - 44K if...Hello trading friends,
This is a daily update for BTCUSDT with the last trends.
Bitcoin is at this moment into an important trend line - and if there is some whale trend volume coming time then BTC should at last show this volume effect coming time - as we are on an important level and also not far from the breakdown trend - whales knowing in most time the important power lines trends.
BTC should hold the 40500 trend price action with a time frame to keep further into an uptrend, for this reason at this moment BTC is still into uptrend depending on TA. same time the breakdown trend is not far - so on this reason its important to follow BTC coming time and to check or there will be the whale action trends - what we did saw before into history with this price actions.
The interesting zones for a possible breakout area from the 42600+ trend, and the price action could bring BTC to 44K. (it's also interesting to zone or BTC will go to this zone, and for some could be interesting to check from here.
BTC takes for more than 30% + the effect of dow jones also. but it means not it should it follow it exactly.
This update depends on 100% on day trade trends - as it's a daily update.
If BTC doesn't respect the rules above and trends - then BTC can enter into a new breakdown trend - at this moment on this live data, there is still no confirmation depending on TA.
Have a great day.
#This is not a trading call - but a view from the expecting side depending on TA, data, and trends.
Manage all time your risk - as crypto can be very risky on all sides.
Bitcoin sell a break setup.Bitcoin - Intraday - We look to Sell a break of 40488 (stop at 41104)
Daily signals are bearish.
A break of yesterdays low would confirm bearish momentum.
The bearish engulfing candle on the daily chart is negative for sentiment.
Our profit targets will be 38714 and 37814
Resistance: 41600 / 42600 / 44000
Support: 40500 / 39500 / 38800
#BTC/USDT WEEKLY UPDATE BY CRYPTOSANDERSWelcome to this quick BTC /USDT WEEKLY analysis in the chart
I have tried my best to bring the best possible outcome in this chart.
Hello members, welcome to BTC/USDT weekly update by CRYPTOSANDERS.
as we can see that btc is currently trading inside the channel.
In the current scenario yellow, MA is reacting as resistance so, we are expecting that btc will reject from yellow ma and come down near the lower trend line.
To continue the bull trend BTC needs to hold the lower trend line.
If it holds the lower trend line then we will be able to see a good bounce in the upcoming days.
This is not a piece of financial advice.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
thank you.
BITCOIN: AT THE SAME JUNCTION, AGAIN!!!Hello folks, welcome to my BTC update.
If you are viewing my post for the first time then do not forget to like and follow. I share updates on the crypto market including margin trading, futures, spot, and scalping. All ideas are my biased opinion and I invest in my own risk. I don't force anyone to buy or sell, I simply share my ideas absolutely for free and it is your sole decision whether to trade on it or use it to understand the market.
Let's get back to the chart.
BTC is yet again at the same resistance where it was before. The last time BTC got rejected and it went all the way from $42.5k to $37.5k and a difference of $5k. A 12% drop in 4 days. The current scenario is resembling the same and even if BTC manages to break through it, we have another strong resistance at $44k eagerly waiting for BTC to reach. The RSI is already in the overbought range so it will be a wise decision to books profits and keep your SL tight.
Let me know what you think about this idea and if you like it then do share the link wherever you can. Let this idea reach as many traders as possible.
I will cover more on this in the coming days until then stay safe and trade well.
Thank you.
BTC can we breakout this time?BTC / USDT
Since the beginning of 2022 market was uncertain/chop with up and down movements
Also Bitcoin failed many times to break strong resistance around 45k-46k
=> Can we breakout this time ?
The bulls signs start to appear in market and in my chart possible scenarios :
1: the last fast correction before breakout
2: Direct breakout
=> Invalidation :
daily candle close below white trendline then this analysis will fail
=>Don’t forget to like this idea for more analysis
Always DYOR
Best of wishes