BTCPERP What will happen next from 0.236 Fibonacci?Hello trader👋 Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
I will update a little idea on futures
Almost the same chart with USDT, but the situation is different))
At the moment, we have consolidated above the resistance level and now we can say that the asset is looking in the bullish direction, but if we break through the 0.236 Fibonacci level, we can go for a correction below about $20.800
BTCPERP
BTCUSDT🚀 I think the rocket is loaded, the channel in the channHello trader👋 Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
Let's talk about Bitcoin today.
It is interesting that all traders noticed this channel, but I don’t know how it can work out, who says that we will go lower, who says, like me, that it will take us to the top, I think that time will tell and the FOMC meeting
In the meantime, we are looking at how the asset is simply consolidating and taking out 800 points back and forth, do you also want strong movements? Write in the comments
BTCUSDT Review for the new week| Channel within a channelhello trader Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
Yesterday I wrote an idea on tradingview (here) that the price can test the implementation of $21.700-21.550 What we see today, the active has come to observe what descends the most on a channel within a channel.
My expectations at the beginning of the week, that we can expect the removal to raise the channel border of $23.200 The end of the week will again be short.
BTCUSDT Draws a double bottomhello trader Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
I'll update the idea.
On 4H I saw an interesting picture that BTC is drawing a double bottom in the channel, I think there is still strength to reach $23.500
This will be another takeout of the shortists, after which we should already go to test the local clubs as it was according to plan.
BTCUSDT Another Double Bottom in the Channel?Hello trader👋 Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
Another double bottom formation in the channel, will it be?
Today, bitcoin gave another liquidation to shortists, I think the removal may continue.
A slight correction and the asset will again go up to test the boundaries of the channel. After that, you can consider a serious short!
Not financial advice, just sharing my thoughts!
BTCUSDT new review!hello trader Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information
Date BTC
I found such an interesting upward channel for btc on 4H
So far we are going well, I think we will even go lower than I said in the last idea, while I wait for the asset to come to local support, I think that there may be a squeeze to the $20.530 zone, after which they can deploy, so be careful)
APE 12H coin overviewrivet trader Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information
Let's disassemble the APEUSDT coin!
On the 12H chart, the price formed an upward channel, after the retest of the upper border, the asset began to move downward, I think it will still fall to the $5.6646 zone
Not financial advice, just sharing my thoughts!
Danil Blinkov Today's BTC Review! Anchoring over the zonehello trader Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information
Update bitcoin
In the near future, I expect to see #btc in the $21.700 zone testing local support, before that the $21.700 level was a resistance zone.
After fixing above the level of $21.700, the asset will begin to consolidate, after which it should fall to the local countertrend.
Not financial advice! I'm just sharing my thoughts.
Post on Elliot Waves as a method of technical analysisElliot Waves is the author's theoretical development, which represents the development process with all its changes in our society and in the financial markets in particular through the formation of special recognition models.
Elliott waves can be interpreted as a graphical method of technical analysis, thanks to which it is possible to assess the behavior of market participants by studying the direct price waves of movement.
Each trend has its own structural sections, called waves, and they are often repeated. It is customary to distinguish two types of waves - impulsive and corrective.
Impulse patterns are characterized by movement along the main trend, while corrective ones show the adaptation of movement under them. The key analytical figure is presented as a combination of an impulsive and corrective wave. Schematically, this is indicated as 1-2-3-4-5/ABC. Then there is a division into lower-order waves.
All waves of the impulse type are indicated by numbers from 1 to 5, and the corrective ones are assigned the letter A, B and C. As Ralph Elliot stated in his theory, in each trend there is a combination of fives and triples, that is, a combination of impulse and corrective patterns .
five wave model
Market price movement is displayed in the form of 5 waves. The first, third and fifth are waves of directional movement, that is, impulse ones. The second and fourth are the waves of the opposite movement, that is, corrective, or rollback.
The author of the theory attributes three invariable properties of the five-wave model:
1. the second wave never crosses the starting point of the first wave;
2. the third wave is never characterized by the shortest length of all five;
3. The fourth wave can never enter the price territory of the first wave.
Benefits of Elliot Wave Theory
The main advantage, which is also a unique characteristic, of this method of technical analysis is that such structures are formed both in an uptrend and in a downtrend.
If we consider the second case, when the market belongs to the bears, then the market situation will be a mirror image of the bullish structure:
impulse waves 1-3-5 become descending;
waves 2-4 are ascending corrective ones;
A and C become corrective ascending, and B becomes corrective descending.
It is important to take into account the fact that the structure of the trend is not tied to the time frame, so the intervals cannot affect the formation of waves in any way.
Elliot waves and their graphical interpretation
It all starts with charts, so you need to use indicators to apply wave theory. It is best to display the chart in the form of Japanese candlesticks, which combines informativeness and objectivity.
On the chart, the wave structure looks like this:
We open deals using the conservative method
When the movement towards the original impulse resumes, we draw a signal line through the pivot point and the point of the expected end of the correction.
It is appropriate to open a long position at the maximum of the first wave of movement. If the price chart has not reached the level of the order and its reversal begins with the breakdown of the signal line, then you are monitoring its behavior so that the fall does not reach the pivot point and below. When the growth resumes, the line will be corrected relative to the new minimum level.
If you placed an order right away, you continue to monitor the behavior of the signal line. When the price reaches and touches this level, it is necessary to close the deal and place a new order, the level of which will correspond to the extreme maximum.
How are indicators used in Elliot Wave trading?
There is no ideal indicator that can quickly and effectively form a wave cycle. Now it offers a wide range of different modifications, and traders can choose the instruments that suit their strategy and their financial goals.
The most popular indicators for technical analysis and detection of wave structures are:
Elliot Wave Oscillator
Elliot Wave Prophet;
watl.
Consider one of them
Elliot Wave Oscillator
This indicator displays a histogram, reminiscent of MACD. The highest peaks will correspond to the third driving wave. It can be used to analyze any time frame, but it is better not to use it if you trade on too short time intervals.
When the histogram crosses the zero mark in the direction from below or above, a divergence will appear, which signals the end of the next wave structure.
When during the first corrective movement the oscillator breaks through the zero level in the opposite direction, then the creation of the third wave should be confirmed by a new divergence. If it does not occur, it means that the calculation of the starting point of the model was incorrect.
Conclusion - Robert Prechter noted that Ralph Elliot never thought about why the market formed such a "5-3" wave pattern. He focused on data analysis and drew appropriate conclusions, acting on the principle that everything is explained by the cause of the inevitable cycles inherent in the nature and psychology of the crowd.
Elliott waves should be treated as a theory, not a full-fledged technical method of analysis with guaranteed performance, while not forgetting the subjective factor. Accurate wave forecasting takes a lot of practice and experience.
BTCPERP Coming to $24.300 Level AgainHello trader👋 Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
Update btcperp
The price of the asset is currently moving in an ascending channel, I think that after we come to the local 0.3 Fibonacci line, a reversal will begin, the zone where it should approximately fall, wrote in a previous post $ 20.555
On July 20, when bitcoin began to decline, it became known that Tesla sold 75% of its bitcoins and the market dropped by almost 2 thousand points, now we are catching a reversal.
BTCPERP fundamental analysis.Hello everyone
I have prepared a new signal for you, I write every day 10 profitable trades for the Russian and English audience, I think it will not be difficult to like and comment on the idea, your feedback is very important to me✅ Go to the channel there is a lot of useful information.
Fundamental Analysis
▫️The Fed meeting will be held on the 27th of this month, the US Federal Reserve System (FRS) signals that it is likely to raise the key rate by 75 basis points
For the time being, I think I'm not in a hurry with a short position, while I'll just watch the market. We need to see how the market reacts to the rate hike.
If you stick to the plan on the chart, then I expect a test of the $20.746 trend line
Bitcoin started to be thrown off earlier than I thought, it could be a simple manipulation. I think they can endure by 0.2 Fibonacci.
BTCPERP fundamental analysis.Hello everyone
I have prepared a new signal for you, I write every day 10 profitable trades for the Russian and English audience, I think it will not be difficult to like and comment on the idea, your feedback is very important to me✅ Go to the channel there is a lot of useful information.
Fundamental Analysis
▫️The Fed meeting will be held on the 27th of this month, the US Federal Reserve System (FRS) signals that it is likely to raise the key rate by 75 basis points
For the time being, I think I'm not in a hurry with a short position, while I'll just watch the market. We need to see how the market reacts to the rate hike.
If you stick to the plan on the chart, then I expect a test of the $20.746 trend line
Bitcoin started to be thrown off earlier than I thought, it could be a simple manipulation. I think they can endure by 0.2 Fibonacci.
BTCPERP Technical AnalysisHello trader👋 Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
Consider the graph from the technical side
An ascending channel has formed on the btc chart, the price has approached the upper border of the channel, I expect that in the future we will break through to the $25220 zone
After that, we can consider a potential trade in Short
I draw your attention to the RSI indicator, the asset is in the overbought zone.
Plan pointed out on the chart
Entrance $25250
Stop 6.6$ no leverage
Take Profit
This is not financial advice, I'm just sharing my thoughts‼️
LINAUSDT| False breakdown may occurHello everyone
I have prepared a new signal for you, I write every day 10 profitable trades for the Russian and English audience, I think it will not be difficult to like and comment on the idea, your feedback is very important to me Go to the channel there is a lot of useful information.
LINA has been in the fleet for 37 days already, this can be seen on the 12H timeframe
At the moment, the price is testing the resistance level, and you can also notice that a local countertrend falls from the $0.01238 zone, the price broke the club line, showed an approximate trajectory of the price hike, I think this will be a false breakdown of the local level, after which we will see a reversal.
Inflation in the US has reached its 40th high! What will happen?Important information!
The latest CPI report for June 2022 shows annual inflation of 9.1%, a level not seen since 1982. Inflation in the US hit a 40-year high.
Inflation in the US is at its highest level in four decades, the Labor Department has confirmed.
US annual inflation reached 9.1% in June, or more than analysts expected, compared to 8.6% in May. It reached its highest level in over 40 years.
For the month, prices jumped 1.3%, also more than expected. The so-called annual Core-CPI (consumer price index), which does not include food and energy prices, was 5.9%.
This news can greatly affect the crypto market as a whole, most likely there will be another final dump at 15.000. I already analyzed this bitcoin zone in one of the posts, only there was a purely technical analysis without any news.
Bitcoin is a defensive asset and after the release of information about inflation, they usually do not dump, a strong movement begins in 1-2 days. I think that at first they will recruit shortists, there will be a removal and after that a DAMP will start at $15.000-16.000
LINKUSDT🚀 110% per month is not enough?Subscribe to the channel for more new information about trading✅
Hello everyone👋
I saw an interesting wedge on the LINK coin, the coin recently broke through the resistance of the pattern and breaks out further.
I think in a month the coin can turn around and show a good green percentage.
Since May, the price has been at the stage of consolidation and continues to be in it, I think there is not much time left before the explosion in long, and after the dump, I think bitcoin should also break out to new resistance zones.
I would consider this coin as for a long time, I’ll just drop a small percentage of the asset from my portfolio, especially since I like to trade such patterns, they are easy for me)
All successful trading and do not forget about your risk management.
BTC BTC BTC Cup and Handle "forming" 4hr,
I repeat "FORMING".
Dont be aggressive to trade make a plan and execute it properly.
BTC manipulates and so volatile, That's why you need to execute it properly.
watch out for btc before trading on other coins.
if this idea materialize, we can execute other coins.
We can easily identify that still bearish and not yet alt coin season.
Hoping this materialize so we can ride and gain on this bear market.
Hope you guys get an idea.
C&H form
wait for the handle
no counter trades please
wait for the proper timing
Risk management please.
Thanks,