Continuation of BTC Bear Analysis 0.99-3.75% Decline 11 7 2022If you love the spot-on analysis done so far, please boost, share, comment, and follow for more.
Analysis:
This is a continuation of the previous analysis from a few days ago. We pushed up to potentially liquidate some leverage position, and now we are back on the predicted downward trend. One thing that I noticed was this prediction held strong for ETHUSDT more than it did for BTC.
We should expect anywhere between 0.99% to 3.75% decline from here with a potential for more.
Baseline Information:
The strategy used for this analysis takes into account the following factors:
Timeframe: 3min and 5 min
Symbols: BTCUSDT , ETHUSDT , BTCDOWN, and ETHDOWN
Exchange: Binance
Indicators: For obvious reasons, precise indicators names can not be provided, but this analysis makes use of VWAP , moving averages, and Fib charts.
Chart Count: 8
Disclaimer:
The information and publications are not meant to be or constitute financial, investment, trading, or other advice or recommendations.
Btcdown
BITCOIN.DOMINANCE 2DAY UPDATE!!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
BTC .D UPDATE:-BTC.D bounced from the horizontal support, currently facing local resistance and trying to break it.
An upward direction is expected if it successfully breaks out the local resistance. If it happens then we've to be cautious with ALTS.
Another possible scenario is a continuous rejection that would lead to the formation of a double top pattern, which would give a relief rally in ALTS.
This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits.
THANK YOU.
btc go down a few days so be care full dear tradersThis trading week’s economic and financial data will be crucial to crypto investors.
Lagarde and Powell to share their latest assessments of the economic and monetary policy situation on Tuesday.
Last week, the crypto market looked slightly bullish until the US Fed reserve announced its interest rate decision. The announcement of the rate increase by 75 basis points by the US Fed reserve caused huge trading volatility, as is usually the case. The rate increase also resulted in sell-offs in the traditional market.
However, the US Dollar Index (DXY) kept rising, hitting a 12-month high of 113.22. By the weekend, most US stock indices have dropped about five percentage points, almost hitting their June 2022 lows. Ethereum and most other altcoins also dropped prices, as in the traditional market.
The good news is that the price of the leading digital asset (Bitcoin, BTC) only dropped by a small amount. Initially, the Bitcoin price dropped to $18,153. However, it recovered and moved opposite the Dow Jones index (DOW30). It is remarkable that the highly volatile crypto and the US tech stock market, NASDAQ, weren’t hugely affected by the fed’s rate increase. Hence, investors may still regard Bitcoin as a store of value. However, in the coming weeks, Bitcoin’s price action will confirm this perspective.
ECB President and US Fed chair to release new statements
On Tuesday, September 27, 2022, Christine Largade (the European Central Bank, ECB President) and Jerome Powell (US Fed chief) will share their insights regarding the current monetary and economic policy situation. The insights from these two will be crucial as they will determine whether the EU, the US, or both are shifting their stance regarding interest rate policy.
Any announcement of a change in monetary and economic policies by either or both of these financial watchdogs to curb rising inflation will impact the financial markets (crypto and stock market). Another crucial data affecting the financial markets this week is the incoming orders for durable goods.
The US census bureau will publish this data by 2.30 pm (CET) on Tuesday, September 27, 2022. This data indicates the rise or decrease in the demand for industrial goods this past month. Analysts predict a reduction of 0.5 percentage points. Orders for durable goods dropped by 0.1 percent in July 2022.
It is important to note that each time data for the durable goods orders is higher than predicted, the US Dollar usually tends to be bullish. Conversely, when this data is lower than analysts’ prediction, the US Dollar usually drops, even if it is for a short period. Recently, a weakening US Dollar resulted in a surge in the price of Bitcoin and other cryptocurrencies.
Meanwhile, crypto market sentiment remains in “extreme fear” for over a week. As of September 26, the average crypto market sentiment measure, the Crypto Fear & Greed Index, is at 21, with 25 being the limit for extreme fear. However, the crypto analytics firm, Santiment, noted that Bitcoin’s social dominance had reached a new peak in two months. Santiment further notes that this renewed interest could positively impact crypto’s top asset
btcusd down trend start be care full $BTC Dollar index at 113 it will go up by another 6-7 pints then crash time to load up on crypto bull run is around the corner.,
$BTC This is the end for crypto, gentlemen. Don't waste your time on it anymore. These Goldman Sachs, BlackRock etc all acted like The Trojan Horse. They were deliberately sent by the US elite to purge the market. In the end, NOBODY can threaten the US Dollar. If anything does, it will get obliterated,
$BTC Maybe yr not paying attention, but shyt is moving, ROSE, XDC, QNT, XRP, all up, but big crash incoming huh bears/trolls? You sure about that??? Tripping over dollars to wait for more discounts, ya might just be waiting to fomo in at higher prices. Cost average in is the way of the Jedi...
Bitcoin DEAD, 3-4k since BTC supply is lost. China was right.Around 13000 we will see a relief bounce, maybe even a short bull run, but in the end it will drop to zero (with zero I mean 4000, because a lot of BTC are lost)
Why?
1. Crypto offers no value - it is basically thin air. Apple produces devices, Tencent produces software, Gold is used to make jewelry and cannot be created. Bitcoin has zero value. I can create Bitcoin, you can create Bitcoin, scarcity failed
2. When there is inflation, Bitcoin will rise - failed - people want rice and canned fish rather than a piece of digital worthless garbage
3. I can send millions within seconds - really? You need to register on an exchange first step - exchanges that all registered on weird Islands if the exchanges shut down you cannot do anything
4. No safety - forgot password - ruined, lost device - ruined, stable tokens that claim to be safe crash left and right. USDT crashed in May!
5. It is all based on HYPE. 99,9% of tokens from previous bull run are near zero capitalization
6. Defi is ponzi, the late comers pay the interest for the early investors
7. It is very centralized - if you want to cash out or deposit you NEED an exchange!
8. Full of arrogant people who are whales and got lucky, they are extremely greedy, and mock you, karma will pay back. For example a friend who once had 10 Million USD in crypto was bragging on Twitter that he made it, he kept holding on his DeFi tokens like Olympus and likeof, he is now under 100K. Another whale friend had like 100 Million USD at the peak and he is now down to 9 Million, his group asked me to buy Bakeryswap and adviced me on Egg and Taste finance - I went from 30k to 3k to 100k early 2021, to under 1000. yet I made it to 10000 multiple times in bear market. I feel like he owes me, however he is being greedy, every single person in crypto space will be ruined. I asked him, he said he will share profits or gift tokens, nada, nilch. I cannot marry, I cannot have children I cannot study, they ruined me completely. Yet I avoided all crashes! I sold at 53K, and did absolutely nothing. I made money during LUNA crash but lost it because of shorting UNFI that a guy in that group suggested. My point is whales are arrogant and karma will get them, we must crash. Do not trust any whales!
9. 8 again -- some protocols living on leverage and arrogant people like El Salvador president and Michael Saylor who made many people buy the top they think they are safe.
10. We have 20,000 cryptocurrencies, much like dotcom bubble, they need to be flushed out first!
11. We closed weekly and monthly below 200 WMA and we about to break an important BTC support line for first time in history.
HOWEVER IM THANKFUL, thanks to crypto I know best strategy is to work and invest every month into stock market and be patient.
I congratulate the people who made it during previous bull run.
btc dropfinally a firm drop through 21 keks on 4h with potential retest. would need to reclaim to reset.
new moon tomorrow on top of monthly and quarterly close this week. volatility should continue.
green bear box didn't change much, but i did update based on the 'higher high' we got on the 26th.
playing it level by level. we reclaim 21k before daily close, will likely reset local bear bias.
if we continue dropping, will likely add more to shorts at drop through and retest of 20,360.
#BTC.DOMINANCE 1Hour CHART UPDATE !!Hello dear traders, we are new here so we ask you to support your ideas with your LIKE and COMMENT, feel free to ask any questions in the comments, and we will try to answer for all, thanks, Friends.
I have tried my best to get the best possible results in this chart.
Hello, dear traders welcome to this BTC.DOMINANCE 1Hr chart analysis.
Now Rejected from resistance and Holding 47.11% support.
We can see more Blood baths in #Altcoins
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
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...
BTC to 25k or lowerIn the last few weeks, Btc showed an uptrend, that is lately losing momentum due to a lot of bearish pressure. This pressure seems to be manipulated, and Btc will more likely retrace to new lows below 25k. For now, Btc is building a descending triangle (diagonal red line and blue line), and fakeouts seem to trap bulls.
Possible scenarios:
1) If BTC goes up, it will probably not go over the short term resistance of 31k and will retrace to lower levels touching the blue line.
2) If BTC loses 28.6k support, it'll dive to 25k and below.
If none of these 2 scenarios happens, we will continue the sideways trend between 32k and 27k for a long while.
I would stay away from trading until positive signals.
This is not financial advice. Make your own research.
#BTC.DOMINANCE UPDATE BY CRYPTOSANDERS !Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
Hello, dear traders welcome you to this BTC.DOMINANCE 1hr chart analysis.
Dominance is getting rejection by the resistance. The reason we see some green in many Alts across the market.
ALT/ BTC Pairs are likely to continue the rally unless broken upside.
The trend for alts looks strong for now but keep in mind this will only stay this way as long as BTC holds the $28k level. That is the key level we need to keep an eye on.
THANK YOU.Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits.
THANK YOU.
#BTC.DOMINANCE 1HOUR UPDATE BY CRYPTOSANDERS !! Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
Hello, dear traders welcome you to this BTC.DOMINANCE 1hr chart analysis.
CHART ANALYSIS:-As we can see in the chart above BTC.D was trading inside the parallel channel pattern and broke above the 45% level.
Now, BTC.D is retesting the upper trend line, and here BTC.D can put towards the 49% level which is 8.5% from the retesting level.
It indicates that BTC can also pump at any time and we can witness short-term bull rallies in upcoming hours.
Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits.
THANK YOU.
BITCOIN, Never again above 70,000 $ !!It all depends on how you look at things.
I do not pretend to be alarmist, much less bearish, in the long term, I simply like to value all points of view, and this? is precisely a VALID point of view. NEVER forget it.
During these years I have seen countless GRAPHICS and all of them are extremely bullish without any justification, even logarithmically.
Well then. Today I would like to add to the market another option also possible. We can observe in the logarithmic graph a curvature in its growth.
People think that we can not return to $3800 because there are logarithmic charts that do not contemplate that possibility. Well, here is an idea.
Invest with knowledge. Do not forget that no matter what asset you work, the SECRET is in the management of capital. Good luck !
bitcoin expected path for the upcoming weeks- follow me for morehey, i am merna, a middle-eastern analyst, follow me for more ideas and quotes on twitter! luv ya ❤️
S = support
S2 = 2nd support
R = resistance
AH = all-time high
Accumulation = where most of the big players bought bitcoin, when price approaches these levels they will defend their positions hard
#BTC DOMINANCE WEEKLY UPDATE BY CRYPTOSANDERS!!Hello, welcome to this BTC.D chart update by CRYPTOSANDERS.
I have tried my best to bring the best possible outcome to this chart.
Show some support do hit the like button, follow and comment in the comment section. this motivates me to bring this kind of chart analysis on regular basis.
CHART ANALYSIS :
BTC .D still respecting the bear flag. If confirmed over the next few weeks we could see bitcoin dominance reach the very low 30 maybe even into the high 20%. Altcoins will explode if BTC .D loses 39%.
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#BTC.DOMINANCE 6HOUR UPDATE BY CRYPTOSANDERS Hello, welcome to this BTC.D chart update by CRYPTOSANDERS.
I have tried my best to bring the best possible outcome to this chart.
Show some support do hit the like button, follow and comment in the comment section. this motivates me to bring this kind of chart analysis on regular basis.
CHART ANALYSIS :
As we can see in the above-mentioned chart that BTC.D is trading inside the triangle pattern on a support level after a rejection from the red resistance zone, whenever BTC.D rejects from the red resistance zone it moves down towards the lower support zone which is 39.40%.
Here I am expecting that BTC.D will brake the green support and move down to the White ray support area which is 39.40%.
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...
*WHOLE MARKET ON YOUR EYE! @_@This bullish scenario is expected while I see some essential factors supporting it!
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1. DXY ( Dollar Currency Index )
Seems it has completed the wave (5) while has touched the recent resistance area in weekly time frame.
( DXY downtrend = Market uptrend )
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2. TOTAL
Based on the price action method, Total has made an invalidated LL and converted the whole trend from downtrend to uptrend! And now is on a powerful demand area.
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3. BTCDOWN
BTCDOWN has been involved with an empowered supply zone.
( BTCDOWN downtrend = Market uptrend )
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-Thanks-