Futures chart analysis, optimal entry point.Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
On the futures chart, everything is going according to plan.
Yesterday I published an analysis and said that for safety net it is better to place limit orders in cases of withdrawal, which we see today.
The price almost clearly bounced off the trend line and went up after testing the local resistance of $16,800
So far, I don’t see a further exit scenario above $17,000, perhaps we will see a hike to $16,900-17,000 from these FOMC protocols, but if you look at the history of the chart, the chart practically did not react to the previous indicators. There may be volatility from protocols this year...
the plans are still descending, I spoke about this earlier, the pressure has not disappeared yet.
BTCPERP
Bitcoin volatility is starting to wake up...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's daily review continues.
Finally, today we saw at least some volatility on the chart, even though it was 300 points...
The asset is currently striving with all its might to test the $17,000 zone, but I think that Bitcoin will not have enough strength and we will again fall to the local support zones of $16,500/16,300/$16,150
Strong resistance of $16,800 is not served to break through and hike above $17,000-17,200
My plans are still downward, I wrote yesterday that I was gaining a short position and, for safety net, I placed limit orders above the entry point, $16,680/16,850,17,050$
Also, FOMC protocols are being released today, I think volatility should also be expected from these data.
BTCPERP| The first deal in the new year, we are working guys!Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
Guys schedule in the new year without any changes so far, continue to put pressure on the $16,500 zone
the plan stays the same, i got the position from 16,680 and placed limit orders above $16,850/$17,050 maybe they can take a little bit before the fall.
The chart seems to be spring-loaded and a strong takeaway will soon follow, but for now I expect to see a test of $16,150 local support from there, we may see the buyer's reaction back to the $16,500-17,000 zone in the short term.
So far, I am analyzing the chart with a small scalp from local levels, in order to analyze more locally, first you need to see the removal to one of the sides, and then enter the market positionally.
Bitcoin local targets, where to wait for the movement?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 is starting to revive, after a 3-day holiday slump, volatility finally appears with the opening of the SPX500
Previously identified local support levels 16,800-16,650 $16,300-16,150
I think that these levels will be tested already this week, so far I don’t see a scenario with an exit to $17,200-17,500
There is a possibility that at first we will collect passengers from below $16,500-16,1500 and from there we will see the reaction of the buyer with a trip to $17,000-17,200
Bitcoin local targets, where to wait for the movement?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 is starting to revive, after a 3-day holiday slump, volatility finally appears with the opening of the SPX500
Previously identified local support levels 16,800-16,650 $16,300-16,150
I think that these levels will be tested already this week, so far I don’t see a scenario with an exit to $17,200-17,500
There is a possibility that at first we will collect passengers from below $16,500-16,1500 and from there we will see the reaction of the buyer with a trip to $17,000-17,200
Bitcoin fall through false takeaway.Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
Guys, the chart is still in place and there is not much volatility, but to keep you up to date, I try to update ideas regularly.
Let's go over the Bitcoin chart again from the technical side, previously highlighted local support levels, also always pay attention to the Fibonacci grid, it is on it that I try to determine strong levels and already focus on them.
So, in short, I still expect to see a small takeaway to the $17,200-$17,350 zone, approximately if I have enough strength for it, while the chart looks like we can start testing the $16,300-$15,800 range from the current ones, but I'm proceeding with caution. ..
As an option, place limit orders higher and wait for your trade.
BTCPERP| The market froze before the storm...Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
I want to update the idea a bit on two graphs:
As expected all weekend, the price is just an asset just standing in one place, as you have already noticed, there is no volatility at all.
The range compresses like a spring with every hour, and as often happens, this leads to a strong momentum.
From the technical side:
While the $16,550-$16,800 zone is a temporary support for the asset, there are no changes so far.
The local resistance of $16,800-17,200 may already be tested next week, I think that Bitcoin may have enough strength to go for liquidity above $17,000 and then go to break through the support of $16,550-16,300-16,150-15,800-$15,450
BTCPERP| The pressure continues!!! There is not much..Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
On the futures, similar to the BTCUSDT chart, the past idea is:
In the previous technical analysis, I indicated the levels of local support with gray lines, before the first test of local support, 50 points were picked up, it happens...
We saw the reaction of the buyer before reaching the first support, the removal towards $17,000 was expected, after that they again continued to put pressure on the zone of $16,500-16,300
At the moment I expect to see a denouement in the range of $17,200-17,500, most likely I will gain my short position from these values.
Will Bitcoin see a second bottom soon?Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
The market can be said to stand still, but I want to supplement the previous idea a little.
And so let's go in order:
The scenario that I talked about a couple of days ago worked out very well, after a slight consolidation at the beginning of the new week, Bitcoin showed us a downward movement to the $16,250 local support zone, followed by a withdrawal to the $17,000 zone, which was expected.
What I want to say at the moment:
Bitcoin again hung in the local support zone of $16,800-17,000, and it is not entirely clear where we will see the movement in the future, but I assume that the asset still has the strength to go to the $17,200-17,500 zone approximately and after that I expect to see a continuation of the downward movement below $16,000
So far, these are the thoughts, we are waiting for volatility in the market, and there it will already be more interesting :)
Bitcoin, Second Fake Bounce Before Dive!Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
A few thoughts on the Bitcoin chart.
From the technical side:
The chart showed an approximate plan for a rebound before diving lower, at the moment Bitcoin is at a strong local support of $ 16,700-16,650, I do not exclude the possibility that we can see a rebound already from the current values.
There is also a possibility that the asset may fail the support of 16,700 and test the local range of $16,150-15,900 shown by gray lines on the chart.
In general, as you already understood, I am waiting for a reaction from strong levels, the chart is currently just frozen in place and we can only wait, either they will sink even lower, or a rebound from the current ones.
What about the position when you plan to close?
Guys, everything is unchanged in terms of position, I continue to hold from $17,900 and do not plan to close it yet. I think it will not do without collecting liquidity from above, there will be a rebound, but it can be insignificant as a simple manipulation with a subsequent dive. If there are changes in the position, I will definitely let you know
Guys special attention! This update is not a call to open a LONG/SHORT position, but a simple update of past ideas. If you have not entered or are out of position, then I recommend just taking a break from transactions, very soon there will be new entry points for positional trading.
BTCUSDT | Local bounce before diving further.Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
As expected, this week has been a busy one. There were a lot of news events and due to this we saw increased volatility in places.
On the charts, I previously highlighted with gray lines local supports where the price is actually striving now.
Local support range from where the price can bounce $16,450-16,150 (gray lines on the chart)
At the moment, the asset is near strong local support (gray rectangle $16,700) and there is a possibility that at the opening of next week we can already expect a rebound to the $17,000-17,500 zone
For now, I adhere to the fact that at the opening of the week we will see below $16,700 if you are looking for a rebound, then work better with a grid of orders of $16,700-16,1500, an approximate range.
Just remember that the chart goes from liquidity to liquidity, and while at all news events we were in the $18,000 zone and the price was actively pushed up, thereby creating a trap for the bulls, a lot of liquidity has also accumulated below and the market maker is following this liquidity in small steps.
In general, my idea is that most likely we will see a slight local rebound and after that the pressure in the $16,000-15,500 zone will continue.
BTCPERP | Fed data will bring volatility to the market! SHORTHello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
Important macroeconomic data is coming out today, there will be increased volatility!
Let's analyze the graph from the technical side:
At the moment, it can be observed that the true breakdown of the $18,000 level, I think this is temporary and the denouement is close.
The chart has not completely moved away from yesterday's CPI data, and we still have some volatility .
So far everything is going to the fact that most likely we will see a true breakdown of $ 18,000 the approximate plan showed on the chart, and most likely this can happen from today's FOMC indicators.
From the fundamental side:
In the evening we are waiting for a number of important events:
▫️22:00 FOMC economic forecasts.
▫️22:00 FOMC Statement.
▫️22:00 Fed rate decision.
▫️22:30 FOMC press conference.
Of the most important, I would like to highlight the decision on the interest rate and the FOMC press conference, where the head of the FOMC will speak and share his future plans for raising or easing the key rate, from which, in fact, we can also see increased volatility .
BTCUSDT | Fed data will bring volatility to the market!Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
Important macroeconomic data is coming out today, there will be increased volatility!
Let's analyze the graph from the technical side:
At the moment, it can be observed that the true breakdown of the $18,000 level, I think this is temporary and the denouement is close.
The chart has not completely moved away from yesterday's CPI data, and we still have some volatility.
So far everything is going to the fact that most likely we will see a true breakdown of $ 18,000 the approximate plan showed on the chart, and most likely this can happen from today's FOMC indicators.
From the fundamental side:
In the evening we are waiting for a number of important events:
▫️22:00 FOMC economic forecasts.
▫️22:00 FOMC Statement.
▫️22:00 Fed rate decision.
▫️22:30 FOMC press conference.
Of the most important, I would like to highlight the decision on the interest rate and the FOMC press conference, where the head of the FOMC will speak and share his future plans for raising or easing the key rate, from which, in fact, we can also see increased volatility.
Bitcoin • finally some markup but not super bullish. here's whyAlright, another update packed with useful and interesting information related to price, orderbooks, and futures data.
I see this as a nice rally but I still don't have strong reasons to call the bottom.
In the video, I go through some pure technical points why I am not buying the bull hopeium but outline possible target zones where Bitcoin is likely to test while we don't trade under the 17.1 or break the near-term uptrend structure.
Bitcoin - there will be a strong momentum! Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
Guys, I will write down my local plan for this week, I think it will be hot
From the technical side:
Bitcoin continues to contain the strong $16,800-17,000 zone, which is positive for the asset and a further hike to $18,000 (the plan remains unchanged).
A small correction and punctures for the zone can be called a collection of liquidity and the removal of stops, which we saw today at the opening of a new week, followed by a rebound from the local trend line ($16,900 is my entry point).
From the fundamental side:
This week we are waiting for a lot of high-profile events from the Fed, be prepared for maximum volatility, CPI data for the core consumer price index (November) is released tomorrow, on Wednesday the Fed meeting and the rhetoric of J. Powell will be very hot! I would like to see more positive data at the end of the year and due to this, catch a rebound on the bit, let's hope for it :) The plan was shown on the chart.
Later I will post a post with the date and time of all events this week.
Bitcoin, maximum volatility! Be ready!Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
Guys, I will write down my local plan for this week, I think it will be hot
From the technical side:
Bitcoin continues to contain the strong $16,800-17,000 zone, which is positive for the asset and a further hike to $18,000 (the plan remains unchanged).
A small correction and punctures for the zone can be called a collection of liquidity and the removal of stops, which we saw today at the opening of a new week, followed by a rebound from the local trend line ($16,900 is my entry point).
From the fundamental side:
This week we are waiting for a lot of high-profile events from the Fed, be prepared for maximum volatility, CPI data for the core consumer price index (November) is released tomorrow, on Wednesday the Fed meeting and the rhetoric of J. Powell will be very hot! I would like to see more positive data at the end of the year and due to this, catch a rebound on the bit, let's hope for it :) The plan was shown on the chart.
Later I will post a post with the date and time of all events this week.
Update Idea
Tips for beginners on how not to make mistakes when trading Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
Guys, today I want to share with you information from one interesting blog, for the last 3 weeks the market has not shown us strong volatility and we have to watch almost the same price range, I'm talking about the main cryptocurrency, Bitcoin.
So I decided to share this information for beginners in order not to make mistakes that can be so easily avoided in the future.
Let's start with you in order:
What is Consolidation or Flat?
Consolidation is the state of the market when it is sandwiched between support and resistance. This state means that a certain state of balance has arisen in the market between sellers or buyers, that is, demand has balanced supply. In other words, the market is in a state of accumulation or distribution. According to statistics, about 80% of the time the markets are in a flat state, so trading in a sideways range will always be profitable for traders.
For consolidation to become apparent, the price must touch the support and resistance levels at least twice. I think that it is clear here, this is a classic of technical analysis, trading from levels in FLAT.
Example below:
And so let's continue:
Consolidations can expand and contract.
An expanding consolidation occurs when the price makes a false break and moves back into a range, thereby expanding the space between support and resistance. Selling at resistance will force you to hit a stop as price breaks the current resistance level to then move back into the range.
Example below:
A shrinking consolidation occurs when the market enters a period of low volatility, for example due to an impending news release.
During periods of narrow consolidation, it is better to refrain from entering the market and making deals. But during periods of broad consolidation, you can trade from its borders. This will give us a good risk to reward potential. However, you should always remember that sooner or later the price will go beyond the range, a true breakdown of the level will occur, and the market will move into a trend phase.
The longer the market is in a flat, the more force the trend will follow after the price breaks out of the range. Any calm in the cryptocurrency market is replaced by explosive, and vice versa.
We got acquainted with the theory and I think there is nothing complicated, you can see all the examples on the graphs above.
Let's move on to the most important thing now:
Flat is a killer of deposits, why?
We have all heard or read on various forums that flat is the killer of deposits of trend traders. Actually, it is. If your trading system is showing outstanding results in a trending market, then as soon as the sideways movement begins, you can say goodbye to all the profits.
Let's take a look at the place.
The thing is that trend methods will give you signals to enter the market near support and resistance levels, and as soon as you open a buy deal, the price crashes into the level in just a couple of points, and after that a reversal begins. On average, the trading system will give 4 false signals, which will completely block the profits received when trading with the trend. Therefore, if you learn to identify a flat in the early stages of its formation, then the damage caused by it will be minimized, or even better, you will be able to use this state of the market to your advantage.
How to define a flat?
In order to correctly learn how to determine a flat, we must remember what it looks like. A sideways movement is a movement between two highs and lows, perhaps this will be enough. Let's look at the chart, try to identify any price fluctuation between the latest highs and lows.
Shown below is an example:
Red circles mark the first minimum and maximum. As we can see, the subsequent price movement is within the range of boundaries we have drawn. Next, we can see how the price breaks the lower level and a strong downward movement begins, but it is worth noting that the price made about 7 bounces from the levels before that, which we could use for profit.
How to trade in the side market?
The best strategy for trading sideways markets is the false breakout. It usually gives a powerful impetus for the price to move in the opposite direction. Market makers always collect stop losses of traders at levels to gain liquidity and then move in the opposite direction. This should always be taken into account when trading false breakouts. You can set take profit and exit the trade on the other side of the trading range. I often mention this in my signals that MM collects stops and turns the asset in the other direction, this happens most often on strong
My thoughts on bitcoin, when will the real volatility be?Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
📌What will happen to the market next, what are your thoughts?
Guys, let's look at the chart from the local side for now, we will deal with it globally later, first we need to find the true bottom. I think that the most interesting thing lies ahead of us.
Now let's pay attention to the chart: nothing super global has been happening for the third week already, the boring FLAT continues, I think that the market maker simply puts strong pressure on major players, i.e. makes them capitulate from the market, if you can call it that. I don't know how long this will last, but I think that the denouement is near.
On the technical side, it was expected to see a hike above $17,000. I spoke about this earlier. We can say that they removed the stops, took out large shoulders, and again the price goes into its usual range, locally showed the plan on the chart (16,600-16,800), but I do not exclude that the price will be able to return above $17,000 from the current values. So far, I'm just observing and I can't give a clear specifics.