BTC 1D ResistanceBTC 1D resistance is at ~$21800
Enter 50% at the current price
and try to set some sell orders near the resistance zone
If BTC stays below the trendline,
the Take-Profit target would be 5%, 10%, and 15% from your entry
Cheers
BTCPERP
Bitcoin (BTC) • Despite shenanigans still looking goodGrab popcorn because I think I made solid video this time. 🍿
Educational to say the least.
Price is doing is thing 'crabbing' left n right. But overall as I walk through the video we have some good data points that are looking good.
In the video I also go through the orderbook, futures and some options data to add a bit more spark to the analysis.
Hope you find this one solid. Let me know in comment section !
BTCUSDT | Goals for next weekHello trader Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
▫️Friends, the weekend passes as usual without any sudden movements until we are below $20,000 again
▫️On the technical side, the price is in the border of the "descending wedge" gradually pressing the resistance zone of $20.400, the zone of $19.000-19.500 still remains an important zone support
▫️At the moment we are trading in the $19.800 zone, I think there is a chance to get below $19.200-19.500 over the weekend.
▫️Goals for the next week remain unchanged, wrote about it (here). I think we're about to see a bullish week. This is evidenced by the S&X500 chart and the dominance of bitcoin, which is at almost the bottom.
Have a nice weekend!
Bitcoin (BTC) • Up as long as this is looks good...As long we hold this technical level composed by a confluence of Quarterly, Monthly and Weekly opens and Perpetual Swaps keep trading under spot prices should be considered good conditions for upside.
However. Due to macro economic conditions we need to be ready to things to change very quickly and even upside targets more conservative than one would expect.
After all we still in a macro downtrend on weekly and monthly timeframes. So any bullish positions still carry high risk. But for me this levels make sense the RR as we have very close invalidation and potential good upside.
We also have the ETH merge coming which may imply the return of some volatility .
The RR long trade from here make sense with a target around 23.2. If it hold above it then we can talk about next level at 25k where some resistance is being built in the orderbooks.
❗️❗️❗️ If it trades under 19.2 and fail to regain the 20k then i think low 17k target is on the line. I would like to see derivatives trading above spot and funding rates also positive for this to be a proper invalidation of my current view.
Check my latest video analysis here for a bit of entertainment and a walk through some things i find important to look at. 🍿
BTC Volatility crushShould be a boring next few months in BTC, I'm thinking.. Still think $13k retest is not out of the question but I'm not shorting, yet.
Bitcoin dominance, 4h ChartSpotted falling wedge, however there are two conditions to take note of:
- If this pattern gets invalidated, i.e, pattern gets broken and continues to come down (BTC.D% keeps coming down)
- if bitcoin moves up, which will also mean that altcoins will move up
So far, Bitcoin has tested support 3 times on the 4h chart, Bitcoin should rise but given the fundamentals this time, we should wait for confirmation instead.
Bitcoin (BTC) • Important technical levelBitcoin has hit a significant technical level again.
In this video I walk through some trendline tactical deployment and usage to look ad the ongoing macro trends and break of structure.
We look into the liquidity in the Coinbase orderbook (principal exchange) and observe the tremendous asymmetric displacement of bids vs asks.
I also cover some of the usual futures data.
Be aware that I was 17min into the video and it ended unexpectedly while talking about Hashrate and Fees. Apologies.
BTCUSDT | Idea update, shall we go below?Hello trader Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
Guys, I want to update the chart a little and share my thoughts about what I think about btc
Today we tested the $19,500 zone again and as we can see, we got a rebound from this zone.
I already wrote in my post about the wall of FTX orders from Sam, it costs in the range of $20.500-20.700
As soon as the wall is canceled, I think the road to $20.800-21.500 will be open while we are in a free approach, so to speak, from $19.500-19.000 I still consider it a good entry point for longa, I think there will still be an opportunity to gain a position from there.
As Sam cancels his orders, I will definitely let you know
BTCUSDT | Not much left before the breakthroughHello trader Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
▫️Bitcoin on the daily chart, the "expanding triangle" formation, I think at the opening of a new weekly candle, we will test the support level of 0.786 Fibonacci.
▫️Many people write to me that I would forget about long for the next time and we will see a continuation of the fall towards $15,000. Well, for what? After all, the market maker did its job so well... It's time to take out the SHORTS!
▫️Also in the stock market, the correction will most likely continue to $4,000, many people bet on the S&P500 by opening their short positions on #btc. Well, that might be a mistake.
▫️I'm not drowning for a big LONG, this is a market and it can upset. Definitely we will see drops below $19.000, but at first I think about taking out $22.000-23.000
▫️ Guys, I do not urge you to open a LONG position, I just share my thoughts, you may not agree with my opinion.
BITCOIN | Continued fall or cosmic growth?Hello trader Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
Friends, let's take a look at bitcoin globally.
▫️If you look at all these charts, you can see that every year the market maker draws a bearish pattern before a global reversal, where do you think the real bullrun will start this year?
Write your comments what do you think about it
BTCUSDT | Will there be a reversal or will it continue to fall?Hello trader Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
◻️Bears pressure continues as Bitcoin remains in limbo
◻️Also, from the technical side, you can see that there was a breakdown of the ascending channel, the bulls continue to fight for the $21.500-21.800 zone, thereby trying to return the asset to the channel.
◻️I think we will see the main outcome at the beginning of next week when the stock market opens (S&P500)
◻️The fund closed on a correction and I think we will see its continuation to the $4.000 zone, thus the cue ball will show a continuation of the downward movement to the $20.000-19.500 zone
So far, these are the thoughts guys, do you think there will be growth or the market can roll to the bottom and we will again see a tedious flat? Please write in the comments
BTCUSDT | Main goals for the new weekHello everyone, I wrote a new idea for you. I think it's easy to like and subscribe to the channel, thanks😉
📌The price of Bitcoin is still under pressure from the bears, the struggle continues to secure the $21.000-21.500 zone
▫️Yesterday's attempt to break through the $20.700 zone was unsuccessful, the bulls activated at the time and we saw a rebound from the lower border of the channel.
💡I think you should not rush into transactions yet, but wait for the opening of a new weekly candle and the stock market (S&P500).
▫️According to the S&P500, the local support is the level of $4.200 with the opening of a new week, we will most likely see a continuation of the downward movement towards $4.000.
▫️Continued correction on the fund will mean that bitcoin will continue its downward movement, if the $20.500 zone is broken, I expect the next stop at $19.800
🗯This week was very hot for me personally, while the priorities are descending at the beginning of a new week, I think it's worth to wait with the longs, as soon as I see the reversal point I will definitely inform the channel. Have a nice weekend everyone!
Like and write your comments👇
BTCUSDT |Exit Review| Let's go even lowerHello everyone, I wrote a new idea for you. I think it's easy to like and subscribe to the channel, thanks😉
📌Bitcoin continues to be under pressure, it is currently trading in the $21.300 area. Most likely, we will not be able to see strong bounces up this weekend, most likely we will be plunged below $20.500.
📌The level of 0.618 Fibonacci so far looks attractive for bitcoin, the buying zones will start from these $20.500-$19.800 zones
📌While locally the level of $20.500 is an important level, if it is broken, we will most likely see a hike to $19.800
Great weekend to everyone!
Write your comments about what you think about it.
BTCUSDT | Market Overview| The correction continues.Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
▫️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 pump from the FOMC 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 $23.200 is broken, 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
Happy trading and have a nice day.
Do not forget to write your opinion in the comments and put likes.
BTCUSDT | Review before the Fed| Get in position now!!Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
FOMC minutes will be released today at 21:00 Moscow time
For longists with large margin contracts, the bad news is that they are being liquidated
Now bitcoin is catching a small correction towards $23.000-22.800 I think after the meeting everything will return to its place.
There is a chance to buy lower and take profit from the market, fundamentally ascending priorities, from the technical side, we are still on the correction.
Bullbait or bear trap? I think it's a bear trap, fly in on the current bears
BTCPERP |Futures Overview| Easy 6% to the depositHello everyone, I wrote a new idea for you. I think it's easy to like and subscribe to the channel, thanks😉
📌Friends, let's check the deal with the shortest possible stop.
📌My plan for a trade entry from a test of a local trend line
📌I already gave how. then a deal from $22,500 and we fought back well from it and now we hold a position at $24,200
📌I expect that the price will drop a little below the trend line, the last low was at around $23.671 I think we will come to these values
➡️Entrance 23.750
➡️Take profit 24.500$
➡️Stop-loss $23.200
📌Guys, the stop put a short 2% on this trade on my other chart, the Rising Wedge formation, I think if we break it, then we can test $ 23.400-22.800
BTCUSDT | Wedge fulfills according to his scenario?Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
Bitcoin today dropped below $24,000 in my last forecast, I wrote that this could happen, what we see now, the price starts to press the bottom of the wedge border, I think when it breaks, we can most likely go down to $23,000-22,800
It is also worth paying attention to the stock market, they broke through the value of $ 4.200, which was local resistance for two weeks, the price was able to break out to $ 4.300. Most likely, we will see a correction soon.
BTCUSDT |Today's Review| Bullish wedge, 23.000 again?Hello trader Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
-The opening of the new week began with strong volatility.
▫️So far, I see more descending priority than ascending, and there are several factors for this:
▪️According to the RSI indicator, bearish divergence.
▪️ Significant volume reduction.
▪️The formation of the "rising wedge" pattern.
-I expect that the price will still go down to $23.600 and after that we will go again to try to break through $25.000
What do you think about this write your comments
BTCUSDT |Overview| Drop below or $25,000Hello everyone, I wrote a new idea for you. Thank you😉
📌 Friends, the opening of the new week ended in failure for someone, well, who watched my trading, that such an outcome was not excluded in our planet with you!
📌Yesterday you were told about the bearish wedge and it is still working out in full swing, the price fell by 800 points taking long positions with large margin contracts with it!
📌I admit such an option that we should go to the application of $ 23.500 and then go in full swing to test the application of $ 25.000
BTCUSDTPERP Wedge Needed to Hit $28,000Hello everyone, I wrote a new idea for you. I think it's easy to like and subscribe to the channel, thanks😉
📌Despite the strong growth, I still see a rising wedge, which signals a possible medium-term correction. So far, I have the following scenario: a retest of $24,200 and a trip to the upper border of the wedge, in the same place as the seller's zone. After that, the price may drop to $22,500.
📌The $25,400 seller zone will be the key point. Breaking through and fixing above it will open the way for us to $28,000. Otherwise, Bitcoin will have to drop to the $22,500 range to reaccumulate.
What do you think about this? Write your comments and put likes👇
BTCUSDT |Overview| Goals for next weekHello everyone, I wrote a new idea for you. I think it's easy to like and subscribe to the channel, thanks😉
📌 The weekend has come, I think you should not expect strong volatility because there are small volumes on the weekend, you can just watch the chart. I think next week will be hot!
📌Bitcoin still failed to break through the $25,000 zone, got a rebound again, and went to a correction ($24,300-23,800)
📌 But there is good news, the asset has consolidated above $24.000 which indicates a bullish priority wrote about it next week.
📌 It is also worth paying attention to the S&P 500, the fund closed above $4200, I think from the opening of the new week we can see a slight correction and continued growth of $4.300-4.500 (Pay attention to RSI)
📌 A few words about Ethereum, they broke through the psychological level of $2000 and then got a rebound, I expect a correction to the $1900-1880 zone and continued growth of $2.500
All profitable trades and have a good weekend. Write your comments and like!
Bitcoin (BTC) • Weekly UpdateHope everyone is having great weekend.
Another weekly update to discuss the 25k resistance and how the books are looking right now.
Next possible targets (or places to make decisions) and some comments on the perpetual swaps trading bellow spot at resistance at the moment.
Overall I am still bullish while momentum is not broken with an eye of what is going on at the current technical resistance levels.
More details found in the video.
Let me know if you have questions or if I should look into some other data or tickers.
Feedback is welcomed.
Best!
BTCUSDT| Soon we will see $30,000Hello everyone, I wrote a new idea for you. I think it's easy to like and subscribe to the channel, thanks😉
📌 Friends of all again with a profit for those who earned this bullish movement!
📌What is happening now, we were approaching the $24.950 zone We can say that we still could not break through $25k
📌I think the market is now a little overheated after all the news events, a correction is needed and it will continue to break through $25,000 with renewed vigor to gain a foothold there and go to new local highs!
📌Also, if you are interested, read the post, attached on the chart. There I shared my goals for this week. And the icing on the cake was just the same (output of consumer price results)
Guys like and write your comments👇
