Potential BTC move towards CME GAP Hello Guys,
Short update on my tradingplan. I think the CEM Future GAP between $27400 - 28800 wil get filled before we make a move to the downside.
Lets see how this plan is gonna work out before or maybe after the weekend.
****Its my tradingplan and its not financial advise!
Good luck brothers :)
Cryptodjens
Btcmovement
What will happen in BTC (Fractal analysis)IT'S NOT FINANCIAL ADVICE.
IT'S JUST A SCHEMATIC OF A MOVEMENT.
I WANNA SHARE MY IDEA WITH YOU TO KNOW WHAT YOU THINK !!!!
SO, LET'S GO, GUYS,
As you see, we have 4 Boxes. In the First box that I draw, the blue box is a base that pushes the price to drop (red box).
in Red box, we have a collective base that we call the double bottom, and the price runs to the top (Yellow box)
in the Yellow box, we have two different reactions. in the first price entered the blue box and active fresh sell order and then moved down and after that price entered the red box and the price acted fresh Buy order. it's related to pumping the price and finally, we have a red box, in the red box we see a classic pattern. we called it a bullish wedge and the consequence of this reaction related to dumping the price in the ellipsoid zone.
This fractal is repeating itself...
4 boxes are shown in the chart. Blue box, red, yellow, and finally red box.
the is a difference between this movement. I want to explain more to show something strange to you.
in the yellow box, a fresh sell order is activated, but fresh buy orders are not active yet and which means that this yellow zone (around 20K)could not rescue the price if the price touches it. I expect BTC to drop more to the below support zone.
The first support zone is: 9800-12500
The second support zone is: 7500-8500
The third support zone is: 3800-4300
I don't want to say BTC drops to 4K. I want to show you the strongest support zone and if the price close below the first support zone in two days by a huge candle and high volume, the next support zone will be active.
that's all. please tell me what you think.
are you agree with me?
Please share this analysis with your friends and write below, what your idea is about the next BTC Movement.
Thank you so much in advance.
BTCUSD And Why Diversification Helps..If you are sat twiddling your thumbs because Crypto has low movement... It might be time to diversify.
Focusing on one asset ONLY will limit you to its movement.
When market Sentiment around that asset is quite, you are left to Trade Channels.
This may involve lower risk and lower Margins (lower profit)
If you add MORE into your portfolio you can trade MORE accordingly.
Just a tip!
BTC/USDT ANALYSIS 9 June 2022#UPDATED
#BTC/USDT ANALYSIS
$BTC still sideways movement , at 4h demand BTC pullback 4 times and rejected after hit EMA 200. and now BTC make a chart pattern symmetrical triangle , potential back to try resistance trendline at the time EMA 200 Area , if btc breakdown potential back to 4H demand if also can't sustain will back to key support
Actually no problem if BTC sideways like this with confition BTC.D down , Many altcoin will pump or upward movement
we can entry just for swing in ALT not for longterm holders cause $BTC not showing confirm bullish movement
BTC in short term, 47K can make a small pull-back.As I did imagine in the last idea about the 3D chart of BTC following the running contracting triangle for the long term.
In short term, BTC is going on nice moves at the moment but we still should be cautious around 47K.
It can be possible to make a small pull-back to 42-43K based on the volume profile range.
If you like this attention, please give me a like and share it.
Thank you
NFA
Bitcoin - scam PA on the weekendYep, fake pump on Saturday and fake dump on Sunday.
Let's wait for the US stock market open. ES! futures opens 've opened positively (+0.4% atm).
Ideally need to get back above the red line to start a small relief rally (to $9110 lol or $9300 if lucky).
Hit the "LIKE" button and follow to support, thank you.
Information is just for educational purposes, never financial advice. Always do your own research.
BTC bouncing, volatility rising, the good, the bad, the ugly?Dear fellow readers!
Haha, this is what I actually do like so much about this market, yesterday bear, bear, bear, today bull, bull, bull, tomorrow bear again, nobody knows :D?
Is this going to be the all awaited beginning of the bounce? Have we bottomed yet? If it pumps, will it hold the level? So many questions, but basically no clear answers.
The only thing I can tell from the chart is, at the moment BTC currently seams to be consolidating forward, but for now BTC respected the green trend line starting with February’s pump.
If you take the orange trend line, starting from the last years absolute low to the the beginning of this years January low, into consideration, it shows me, that there is further downside potential. Since that is also around the time, where this 48.5k BTC whale started selling. For now, the remaining 45.5k BTC (44k/1.2k/300) are still parked and have not moved, another 80 BTC have been sold and 100 BTC waiting to be sold.
The 61.8% fib retracement seams to hold so far, but if you switch to the weekly and take also the RSI and MFI into consideration, this is indicating to me again, that there is room to the downside.
In my personal view, I hope that BTC will further retrace to a level of around 4.5k EUR resp. 5k USD. In my opinion, this would be a proper and healthy retracement level, after this year’s insane pump,
so I am waiting for the weekly BUY Signal flashing up, from the MFI+RSI Indicator I am using.
As a conclusion, just DCA, wait and chill, you won’t become a millionaire over night anymore :D.
Thanks for reading, If you are not conform with anything I write, just drop a comment and feel free to start a discussion, I do not want my readers to believe all
I am writing is fixed on stone, I just try to have a view on the big picture and if I am maybe missing anything, I would be glad to take this piece of information also into consideration.
Keep up educating yourself, take your finances in your own hand, short the bankers and long BTC!
I will keep you updated regarding further research
Cheers
I'm not a professional market analyst nor am I a professional trader and this shall definitely not be of any financial advice.
Do your own research and try to understand the fundamentals regarding any investment you take into consideration.
The websites and projects “advertised” are not mine, nor am I in any marketing or affiliate relationship with them.
Personally I am invested into this project, so of course I am biased, that is why I tell you to get educated and do not just put money in anything,
because somebody on the internet is writing good about it, scrutinise critically and if you are more than confident, do whatever you want for your good.
BITCOIN showing signs of it's next moveLast night a 2.7% move on BTC is flagging out, usually when this happens another similar move will happen, the move will be as powerful as the previous one considering the height of the bull flag pole pole taking us exactly under the 6800-6900 resistance area, but we will break the bearish trendline that has been set since July. If this happens, we might be in for a trend reversal and another bull market may start peaking its head in, but first we have to clear the 6800-6900 resistance. We'll see how this goes, will try to keep you up to date.
Wait for next BTC movement.Market is stuck now between bearers and bulls.
Complete market depends on BTC.
If it crashes now all alts will go in deep.
That will be a very good opportunity to get in the alts and make some good profit.
Invest at your own risk as it seems good profit from here but market manipulation can do opposite things as well so if you enter then do by using stop loss as well and invest only what you can afford to hold/loose for long in crypto.