ETHUSDT | Breakdown of local resistance.Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
Previously, he singled out the level of $1220-1225 as a strong local resistance. The asset was able to break through higher.
The level of $1275-1300 is also a strong local resistance, from where you can try to open a small SHORT with a short stop order, showed an approximate entry point on the chart ($1275-1300)
I expect to see a slight correction in bitcoin, due to this I can spill ETH in the range of $1220-1200
BTCPERP
BTCUSDT | What to expect from bitcoin, what will December?Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
From the technical side:
Earlier on the chart, I highlighted the gray zone as a strong local resistance, the asset managed to break above $16,800 and is trying to gain a foothold in this range. If the buyer can keep the $17,000 zone, then everything is unchanged, I expect a hike to $17,600-18,000 from these zones and I will consider a deal in SHORT.
From the fundamental side:
On yesterday's data from the FOMC, as expected, we saw a slight volatility, the head of the Fed, J. Powell, spoke positively about a possible slowdown in the key rate hike, that is, the Fed could cut the rate to 0.5 bp already at the December meeting, which is positive for risk assets. But also J. Powell pointed out that further rate increases would be appropriate to reduce inflation, in 2023 we expect an increase of 1-1.25% immediately
Let's hope that December will be green and MM and J. Powell will give us a gift for the new year Bitcoin above $20,000 by the end of this year
BTCUSDT | The resistance range is narrowing!Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
Weekends, as always, pass without sudden movements, there are no volumes as such.
Speaking from the technical side:
The local strong resistance is still the level of $16,800-17,000 here without any changes.
Support level $16,450-16,000 there is a possibility that at the beginning of the new week we will again see a descent below the support, by about $16,200-16,350
So far, we are trading in this narrow range, the market is still boring and we need to wait for the opening of next week, I think it will be hot.
My position is still LONG, I wrote about it earlier. If interested, you can read past posts.
Bitcoin chilling at lows can we bounce or down-only?Bitcoin is back into sideway PA.
Macro trend and lagging indicators still looking bearish.
However, I see the chance that while trading above 16.2 we have shoot at trying the upper ranges like 17.6 or the 18.4.
Check the video for more nuance talk through some of the data I look at and the technical structure I am currently paying attention to.
If you want more details and learn about different Bitcoin advanced data points don't forget to check links in signature field.
Bitcoin fails to break above $17,000 againHello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
Bitcoin continues to stay in a local sideways trend and cannot break above $17,000
If you pay attention to the local countertrend line, then the asset was able to break through it, I expect to see a test from the reverse side.
Today we again received a deviation from $16,800 and continue to trade at $16,500-16,650
There is a possibility that we will get another decline to the $16,300-15,800 zone, this range is also a good entry point for a local long position.
Also, tomorrow will be Black Friday, so there is a chance to see a decline in the range indicated above.
Bitcoin rocket almost at launch! Everything will happen 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✅
▫️ As we can see on the chart, there is no strong volatility, the range becomes narrower and narrower, usually this leads to a strong momentum. It remains to understand to what?
▫️ As I said earlier that we are being held back in a strong manipulation zone, and most are now thinking about going to $14,000-12,000 and there is a lot of FUD news around. It really makes you stop thinking about the further growth of the market.
▪️I think there is very little left and the market maker will again disappoint the majority. Just remember the other day when the price hit $21,500 and everyone said we hit the bottom and it was a reversal. When at that time we were gaining SHORTS!
▪️And now I'm set to positional LONG! I will act like last time with a grid of orders while I watch the chart, there is a possibility that they will push below $16,000. A little patience and soon we will be in the rocket!
Later I will write a post with entry points and risk management that you must follow!!!
BTCUSDT|Manipulation zone, the rocket will fly 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✅
Bitcoin standing in the range of $16,000-17,000 continues (manipulation zone)
Let's look at the chart from the technical side:
We can say that now the asset is in the accumulation zone between the support of 16.000 and the local resistance of $17.150 (attention to the trend line)
On the chart, 3H showed a local countertrend line, there is a possibility that we will again be able to see a rebound to the $16,000-15,800 zone. In case of a true breakdown of the trend line and a fix above $17.600, I expect a trip to the $18.500-19.200 zone.
Today's rebound from $17,150 let us know that the pressure continues, be careful and work with risk management!
BNBUSDT|The asset returned to flat. Worth buying?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 asset is now recovering from a hard rally, I think the $270 zone is a local strong support zone, speaking from a TA point of view.
Well, you can also expect another decline to the lower red block (shown on the chart) the range of $ 245-235 is a short-term summer accumulation zone with subsequent distribution, I think if the price comes there, this will be my area of interest for medium-term purchases.
Bitcoin bottom reached or not? Let's reason.Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
Let's start with the technical side:
We were driven hard from $21,450 to $15,500 and now the temporary support level is the $15,500 zone.
There is also a rebound to the $16,950 zone, I think that it just dumped those who went too far with leverage! While I see that MM continues to push the price back into the $15,500-15,000 zone, maybe this is not the bottom yet, there is too much hype now to buy at a sweet price, patience guys!
From the fundamental side:
in a couple of hours, the release of the CPI results already wrote about this, if the results show that inflation is progressing, then most likely we will see a downward movement in both the stock and cryptocurrency markets. So be careful, I do not recommend beginners to trade on such events! Also, all the fuss with the exchanges, I think, is not over yet, but CZ made it clear that he is not ready to go on unfavorable conditions and the deal most likely will not take place.
We ordinary users can only wait and look for the moment for LONG. Or are you still in SHORT?
Bitcoin correction began without false takeaways.Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
Yesterday I wrote on the futures chart that a possible correction will begin in $22,000
As we can see, the week started with a downward movement immediately, without false takeaways.
At the moment, the bitcoin chart is again striving for the $20,500 mark, I think if we break through this range, then with exact certainty we can go below $20,000 where I will fix my SHORT and look for an entry point for LONG
BTCPERP|The trend line will be broken?!Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
▫️ Friends, I present to your attention the 12H futures chart.
▫️Pay attention to the counter-trend line that stretches from $48180, at the moment the asset is strongly pressing the trend line, the chart showed a possible puncture towards $21.800-22.000
▫️I don’t think that this will be a true breakdown of the trend line, they can just throw a shadow and we will again see a reverse entry to $20.500-20.000 Well, either there will be some rumor about the Fed rate again and the chart will fly to $23k As it happened before the weekend, but there was an iron SHORT (I continue to hold the position)
▫️ We are waiting for Monday when the markets open, also for weeks there will be results of the consumer price index and much more, in short, the trail. The week promises to be hot!
BTCupdate| Triangle in SHORT!!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 symmetrical triangle has formed on 4H with the lower border being pressed, there is a possibility that we can locally get a rebound from 20.250 to the $20,600 zone while everything looks like this.
I still think that the $20.000-19.800 range is the bounce zone to the $20.500-21.000 zone
We are waiting for the Fed meeting and waiting for the key rate to be raised by 0.75 bp, I think the markets there will react strongly, they have already begun to slowly swing in both directions.