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.
BTCPERP
BTCPERP|Development is in full swing!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 futures chart still looks loaded on SHORT, there is an option of manipulation towards $21,200, this option should not be ruled out in order to drive everyone deeper into long and then turn the market below $20k
At the moment, my position is SHORT entry point $20.900 will fix most of the position at $19.800, the rest will be held up to $19500/19200/19000$
BTCPERP|Double top at $20,000Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
I update the idea on the futures chart, it looks even more interesting here, we can most likely form a double top here. The next candle may open down $20,000
You should also pay attention to the counter-trend line, since the last signal we broke it and the asset flew up 10%, now the trend line is a good support for the asset $20.000-19.800
If we talk about further growth, then we need to go beyond the $21,000 resistance block, gain a foothold higher at $21,500 and expect a further hike to $22,400, this will be the first serious resistance.
For now, I expect a correction towards $20,000
BTCUSDT | My thoughts on SHORTHello 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 that the price rests on the $20.800-21.000 block, it showed a local countertrend.
▫️Temporary local support now is the $20.200-20.550 zone, I think that we can still rebound from this range and go beyond the 20.800 zone approximately ($21.200), most likely it will be a regular squeeze followed by a downward descent.
▫️I have already scored a position in SHORT:
▫️Entry -20.850/21.000/21.200$
✔️Take profit 20.450/20.000/19.500$
✖️Stop 22.050$
‼️Not financial advice, you are responsible for your own transactions and make the decision yourself! Watch your risk management, especially if you are a beginner!
BTC Open Interest has broken through resistanceBitcoin price was half asleep.
It seems that now the dormant volcano has woken up.
Overview
Open interest is a traditional term used to quantify the total dollar value of investors' positions in a futures contract.
These positions can be long or short. For example, imagine that the Bitcoin futures contract has just opened and Alice buys $100.
At this point, both volume and open interest equal $100. So Alice decides she wants to sell her half of her position.
Therefore, by closing half of the market's open positions, open interest decreases to $50, while volume increases to $150.
Open interest aggregates all positions and gives traders an idea of the dollar value that is at stake for a given contract.
For perpetual swaps, open interest can be held for an indefinite period, while for futures contracts, open interest reaches zero the moment a contract expires and usually starts to decline a few weeks before the settlement date.
How can I use it?
Similar to volume, open interest can be used to gauge trend strength.
For example, if open interest increases as the price increases, this indicates that more longs are being opened.
On the contrary, if prices increase and open interest rates decrease, it points to the weakening of the trend as derivatives traders' positions are being closed.
Therefore, the example above points to strong conviction among perpetual swap traders as the amount of open positions has increased along with the price of Bitcoin.
Source:
resources.intotheblock.com
BTCUSDT - Trend Breakout!BTCUSDT (4h Chart) Technical analysis
BTCUSDT (4h Chart) Currently trading at $19780
Buy level: Above $19750
Stop loss: Below $18000
TP1:$20480
TP2: $21800
TP3: $23400
TP4: $25200
Max Leverage 3x
Always keep Stop loss
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BTCPERP|Chance to rebound by $20,000Hello 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, the situation looks even more interesting, as you can see that the asset has broken through the local trend line and is now testing the countertrend line from the reverse side.
If the buyer can hold $19,300 in the short term, I expect to see the $19,500-$19,800 minimum hike again!
BTCPERP| Bitcoin holds an important zone!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 want to update the idea for the Futures chart for you!
I already wrote that bitcoin holds an important $19,500 zone, if the bulls can stay in this zone and gain a foothold above it, then most likely the asset will be able to break through the trend line and we will see a rise of $20,000
From the technical side, it is clear that bitcoin is actively pushing towards the countertrend double line, while I do not recommend opening any deals in this zone, there is also a chance that we will get a rebound and go back to test $19,000
Most are waiting for a test above $20,000, be careful, the MARKET MAKER can play on your expectations!
Also soon reports from large companies, the markets may again show strong volatility!
BTCUSDT - Short Term Bitcoin is moving in a tight range, volatility is drying up. I would be extremely cautious under such conditions. But short term (i.e right now, at the lower range bound) it looks more bullish than bearish.
Information is just for educational purposes, never financial advice. Always do your own research.
Hit the "LIKE" button and follow to support, thanks!
BTCPERP|Are you ready to see PUMP?!Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
Guys, I want to share some thoughts on the bitcoin futures chart!
This week we have released a lot of reports from the Fed and we have seen quite a strong volatility in the market.
We tested the important range of 18.500-18.200$, collected all the liquidity from below, and then saw the removal to the side of 20.000$, collected all the liquidity and rolled up 19.500-19.850$
Now we are again in the range of $19,000, a fairly strong level at which we stood all week, where the market maker will distribute it is still not entirely clear...
If you think from the local side, then it is most logical to go above $20.500 ($20.800-21.200) because it is from there that most market players hold their short positions, and you need to harvest and then go down below $18.000
I also don’t deny that we can go back to $18.200, plant again the majority in short and see a strong takeaway in the direction of $20.500, this has already happened several times, will history repeat itself again?
Bitcoin (BTC) • Not looking good while we don't reclaim thisHello Kings.
So we are back in to chop-land and funding rates ping-pong.
Effectively, I m not bullish WHILE we don't reclaim above 19.4-19.9 range and ideally funding rates weighted by open interested also turn negative OR we revisit that lower range.
While that doesn't happen I am waiting to see the test of 17.5-18k range since the orderbooks show strong demand in that region.
Watch the full for more details and nuanced explanations what heuristics I am looking for.
If you like this video don't forget to hit that like/rocket and follow.
Bitcoin Analyze (Road Map)!!!🗺️Hi everyone, Today I want to talk about Bitcoin's Road Map 🗺️.
First, I have to say sorry for the busy chart, but I suggest to you please spend some minutes on this post, probably useful (This is just my idea).
Bitcoin Analyze ( BTCUSDT ) Timeframe 12h⏰
Location🌊: Bitcoin's Correction has started at around 64200$. Bitcoin was able to pass the First Main wave of Correction (Main wave A) at 28805$. Wave A had 3 microwaves, so we have to wait for seeing Flat or Triangle Correction, although, When Bitcoin penetrated over 64,000 last month, the triangle will not happen. so, we have to wait for a Flat correction (3-3-5).
Already, Bitcoin passed Main wave B at 69000$ and now, bitcoin has started the Main wave C. if you look at carefully to end of main wave B, you can see that Main wave B has ended exactly 105% of the Main wave A, As a result, I expect that Bitcoin is running on Running Flat Correction (I put a sample of this structure in my chart).
where is Bitcoin now?
Bitcoin is moving in expanding triangle which is making microwave 5 of microwave 1 of Main wave C. The end of microwave 5 of microwave 1 of Main wave C can be around 50830$ = 38.2% Fibonacci Level of BTC Logarithmic Curve Zones Indicator + 61.8% microwave c of Main wave B + 38.2% Main wave B +Pivot Major
❗️Note❗️: if Bitcoin can break the upper line of Expanding Triangl microwave 5 of microwave 1 of the Main wave C = Counting waves will change for the short term.
🔴According to my last post about Bitcoin, I am believing that Bitcoin will touch 38.2% Fibonacci Level of BTC Logarithmic Curve Zones Indicator. 👇https://www.tradingview.com/chart/BTCUSD/8xOO27aD-Bitcoin-Analyze-Logarithmic-Curve-Zones/
🔴RSI Analyze: RSI is moving on descending channel + we watched one of the valid bearish signals for RSI === Bearish Failure Swing, I believe that bitcoin will enter the oversold zone.👇https://www.tradingview.com/x/p6THcfsH/
🔴Bitcoin CME Futures❗️: These counting waves can fill Gap of the CME Futures chart. what is your idea? just 2 gaps haven't been filled on bitcoin history.👇https://www.tradingview.com/x/3buEYCgj/
🔴November candlestick pattern: we can find 💫Shooting Star💫Pattern (Bearish) =Under 53000$, the trigger will activate.👇https://www.tradingview.com/x/7jVlIwWP/
Thanks for reading this post, I hope that is useful for all.🌹🙏
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅ 'like '✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe
BTCUSDT | Bitcoin can break through the global countertrend!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 get back to the global counter-trend that stretches from $69,000
If you look at all this protracted phlea that has been going on for 4 months, then there is a feeling that it will last the same amount.
Well, if you pay attention to the countertrend, you can notice a strong preload followed by a breakout.
We have two options, either we break through the countertrend or fly above $20,000 and from there we are already sinking into short, or we catch a rebound and plunge into short from the current price.
BTCREPR| We often draw such channels!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 for those who do not sleep decided to share what I noticed on the hourly chart!
Yes, you understood me correctly, this is the channel that the Market Maker often gives us, thereby holding the price at a certain level of the ascending channel.
If you pay attention to the false breakdown, then we can say that the stops were removed on the news today or they simply forced large shoulders to close in minus, after which they quickly returned back. This often happens when they give PUMP on the news.
I also noticed that the SPX500 broke through $3600 and closed on the fall, and at that time bitcoin just stood still, what can this mean? Most likely, it is beneficial for someone to maintain the price in one range in order to mislead market players, I'm talking about bitcoin.
For me, the priorities are still descending, nothing can happen over the weekend, well, on Monday, be prepared, we will fall down!
This is my personal opinion and you may not agree with it!
BTCUSD Stopping Volume at PCZ of Bullish SharkBTC has given me great reasons to be concerned that we would break through our PCZ and pull down into the 78.6% Retrace below but despite how many times it's tried it's managed to hold the local 88.6% Retrace as support and now we will have confirmed a stopping volume candle on the daily if BTC's Daily Volume doesn't change much in the next 15 minutes before the close so i will be doubling down here with a stop below the 78.6% retracement.
Bitcoin (BTC) • Volatility ahead with bull back in control?We finally break from the range lows as we approach the much anticipated Ethereum Fork.
I think the next two weeks we are likely to see upside and increased volatility.
I forgot to mention in the video that Quarterly Options settle this month with higher Open Interest allocation.
The MAX-PAIN level moved from 25 to 24k. Effectively this is where most options expire worthless causing the most pain to traders if price sit around this level at the expiration date.
As usual beside the talk about technical levels I am paying attention to also walk through some orderbook views and futures data.
Check the full video for more details and nuanced interpretations.
Let me know if I should make shorter videos and less detail or keep it this way.
Best!
S&P500 FOMC | There will be volatility today!Hello trader Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
Guys, today we finally saw a bullish mood in the stock market, we still managed to keep the level of $3900
Now the important point is to fix above the $3980-4000 zone in order to break above $19.500 for bitcoin.
A number of important events are planned for today:
▫️The number of initial applications for unemployment benefits - 15:30
▫️ECB press conference - 15:45
▫️Speech by the head of the Fed, Mr. Powell - 16:10
▫️ECB President Lagarde to give a speech - 17:15
So get ready for the market volatility, they can again shed to $ 3900