Bitcoin wants it higher but bears dontBitcoin\1H consolidating after breaking the down wards parallel channel and making a new extreme to the upside ~23.6.It could go up to ~24.1 where a big liquidity cluster is and come back down after that.
**Next stop for bitcoin could be around 20500 where the CME Gap is**
Please Boost,Follow,Comment if you find this video informative.
We yet have to see a flood down to around 20K or even 19K. With SPX testing the biggest resistant line as a support ,today after a retest it will lose it and flood down thus btc will follow .
Btcprice
BTC Bull Run 1.22-6.57% 02 14 2023If you love the spot-on analysis done so far, please boost, share, comment, and follow for more.
This strategy is also used Live by Green Lion Capital Social Trading on Zignaly.
As projected earlier, the market experienced a reversal after accumulating enough volume for liquidation. I anticipate that the market will witness another bull run to attract more volume this time since many investors believe that we are gearing up for a major bull run as we did not break the $21k-20k zone. However, this is not the case, and based on current market metrics, the ideal target is $23,500.
For this chart, the estimated entry zone roof is $22,056, and there is a potential upward movement of roughly 6% with a +/-1% tolerance. Confirmations have been made on the 5 minutes chart, 3 minutes chart, and through a private chart.
*** Disclaimer: a second non-public chart layout was used to officially confirm this oversold point.
Safe points to take profit:
T1: 1.22%
T2: 2.86%
T3: 4.82%
T4: 6.57%
Baseline Information:
The strategy used for this analysis takes into account the following factors:
Timeframe: 3min and 5 min
Symbols: BTCUSDT, ETHUSDT, BTCDOWN, and ETHDOWN
Exchange: Binance
Indicators: For obvious reasons, precise indicators names can not be provided, but this analysis makes use of VWAP, moving averages, and Fib charts.
Chart Count: 8
3min chart confirmation: white MA crossing up yellow while above lowed dotted white line.
5min chart confirmation: vwap greater than lower dotted white line while with three candle confirmations above the white ma.
Disclaimer:
The information and publications are not meant to be or constitute financial, investment, trading, or other advice or recommendations.
Bitcoin is going down hard and fast❗️❗️Attention Please: New downtrend started , do not attemp to rekt yourself by longing
🔻BTC/3H,So After we exited our rising broadening wedge we came down to the light yellow line which its left side is the TOP of the left shoulder
Three possibilities :
First(Number 1 on chart):A pennant forming here ( two white lines ) and after that another leg down around ~20506 then bounces back and retest the top of the light (yellow line) and consolidate there untill next wick
Second(Number 2 on chart):consolidation here following a retest towards the dotted yellow line and then slam it down below 20K today .
Third(Number 3 on chart): its gonna crawl up today and grab liquidation cluster untill 23K and consolidate there.
The orange rectangles showing when Bears started to take control of market.On daily u can clearly see bears are just entering the party and bigger RED candles yet to come
There is also a head and shoulder in play that you can check from the related idea
BTC major move to the downside imminent In this video I've analysed BTC and its price action then I analysed liquidation cluster of bitocin and where the liquidity is after that I analysed SPX since its connedted to btc and at the end short DXY review
IMO btc will go up around 23600 or 23200 before going downwards and a slow bleed has been started , there is a head and shoulder play that Ive discussed in the video
Please Boost and comment as it motivates me for more videos
Also is video better or picture ?
Thanks for watching
BTC Bull Run 0.81-2.1% 01 31 2023If you love the spot-on analysis done so far, please boost, share, comment, and follow for more.
This strategy is also used Live by Green Lion Capital Social Trading on Zignaly.
Despite the exciting start to the new year with the BTC price surge, one must be careful at this stage in the price movement cycle. It appears that the market is attempting to test $24,000. Based on a private 6-hour chart layout, we might be overbought and preparing to head down to $20,000. Of course, before we head to that price level, we will experience small bull run opportunities like this on our way down to that level.
For this chart, our oversold price point was $23,050 and we are anticipating a potential max of 2% upward price movement for BTCUSDT. Confirmations were made on the 5 minutes chart and 3 minutes chart.
*** Disclaimer: a second non-public chart layout was used to officially confirm this oversold point.
Safe points to take profit:
T1: 0.81%
T2: 1.58%
T3: 2.1%
Baseline Information:
The strategy used for this analysis takes into account the following factors:
Timeframe: 3min and 5 min
Symbols: BTCUSDT , ETHUSDT , BTCDOWN, and ETHDOWN
Exchange: Binance
Indicators: For obvious reasons, precise indicators names can not be provided, but this analysis makes use of VWAP , moving averages, and Fib charts.
Chart Count: 8
3min chart confirmation: white MA crossing up yellow while above lowed dotted white line.
5min chart confirmation: vwap greater than lower dotted white line while with three candle confirmations above the white ma.
Disclaimer:
The information and publications are not meant to be or constitute financial, investment, trading, or other advice or recommendations.
BTC Bull Run 0.83-3.36% 01 12 2023If you love the spot-on analysis done so far, please boost, share, comment, and follow for more.
This strategy is also used Live by Green Lion Capital Social Trading on Zignaly.
As stated in my previous analysis, I emphasized my bullish sentiment and went even further to indicate the potential oversold level. The market played nicely into this prediction. The market is currently in a space where institutions/whales might leverage the fatigues that have built up in anticipation of a bullish BTC run and use this as an opportunity to get more volume into the market before they take profit and thus prompt a reversal to find an all-time low for 2022/2023. Unfortunately, a lot of leverage positions will be liquidated as a result of this move.
For the current play, we oversold at $18,890. There are three potential take-profit points outlined below. As of this moment, I'm bearish.
Do we still have room to revisit this level before finding an all-time low for 2022/2023? Absolutely!
*** Disclaimer: a second non-public chart layout was used to officially confirm this oversold point.
Safe points to take profit:
T1: 0.83%
T2: 1.17%
T3: 3.36%
Baseline Information:
The strategy used for this analysis takes into account the following factors:
Timeframe: 3min and 5 min
Symbols: BTCUSDT , ETHUSDT , BTCDOWN, and ETHDOWN
Exchange: Binance
Indicators: For obvious reasons, precise indicators names can not be provided, but this analysis makes use of VWAP , moving averages, and Fib charts.
Chart Count: 8
Disclaimer:
The information and publications are not meant to be or constitute financial, investment, trading, or other advice or recommendations.
BTC Crucial Decision Area!Greetings Dear Investors and Traders!
Today we will analyze BTC both from a technical point of view and fundamentally! Without further Re-do, lets get to it!
After FOMC announcement at 14th of December, we faced hard rejection around 18,400$ area. Having said that, and considering BPS was increased by 50, We reached an all time high since 2007 when it comes to interest rates.
At the moment of writing price broke below the area of 17,500$, leading us to further drop at the local Fair Value Gap, which is also considered a critical decision point.
SCENARIO 1: In particular, if price breaks the threshold of 17,180$ which is the lowest key-point of the FVG, we forecast the price to touch the Orderblock indicated at the chart, which is also the local support area , around 16,881$ - 16,771$.
SCENARIO 2: On the other hand, which is more likely to occur, if price holds and daily candle closes above 17,500$, we can expect price to start gaining momentum to the upside. Hence, BTC is more likely to retest the recent Local High.
Nonetheless, if price get rejected and create a double top , that could indicate a valuable short opportunity, pinpointing us downward to the Orderblock area.
Alternatively, if price holds at the previous local high and consolidated at these levels, we can assume that buying pressure is kicking in, and a new upside move is on the way. Hence, that will eventually lead us to fill the Gap which operates as a magnet at 19,100$.
Make no mistake though, sentiment is still bearish , and moves tend to be hawkish. Therefore, after filling the Fair Value Gap at the abovementioned level, we consider that as a reversal area, and price most likely will try to fill the Orderblock at 16,700$ area.
Bear in mind though, reversals tend to occur, when everything indicated the opposite!
Trade with caution! Low leverage is advised at any circumstance!
Not a Financial Advise!
Best Regards, CryptoQueens
BITCOIN ABOUT TO BREKOUT OR FAKE OUT!- As we can see whenever BTC broke the trend line to the upside a BULLRUN started!
- The same could happen again, let's wait and see.
- How-ever with everything going I believe that it could breakout touch ATH again and then crash again causing HUGE FEAR into the market to FUD out all retail investors to sell to the elites at a discounted price and then once BTC reaches the peak AMATUER AND EMOTIONAL RETAIL INVETORS will buy at the top!
- NOT FINANCIAL ADVICE - PLEASE DO YOUR OWN RESEARCH - ONLY INVEST WHAT YOU'RE WILLING TO LOSE!
#Bitcoin Slow Down but BTC Upsides Valid as Traders Eye $23kPast Performance of Bitcoin
Bitcoin prices might be suppressed at spot rates. Still, the path of least resistance is northwards as per the candlestick arrangement in the daily chart. BTC is within a bullish breakout formation, trading above $20k on the back of decent trading volumes. As long as prices are around or retesting the range of the recent squeeze, then every low may offer an opportunity for traders to double down on their longs, targeting September and August 2022 highs, respectively.
#Bitcoin Technical Analysis
Traders are bullish, expecting the formation of the first half of the week to continue. As BTC steadies, backed by a decent participation level in a welcomed breakout formation, buyers are firm and optimistic. Technically, every retracement from spot levels toward $20k may complete a retest following this week's gains. If buyers hold, cap the drop, and there is a bounce, the resumption of trend in lower time frames may be the foundation for the next leg up to $23k and later $25k, both of which are critical resistance lines of Q3 2022.
What to Expect from #BTC?
There are signs of refreshing recoveries even though BTC is capped within a bear formation from a top-down preview. Still, the surge of early this week pointed to strength and a foundation for a possible anchor towards $23k in the short term. Dumps below $20k and $18.5k invalidate this preview, paving the way for even more liquidations in the short term.
Resistance level to watch out for: $23k
Support level to watch out for: $20k
Disclaimer: Opinions expressed are not investment advice. Do your research.
#Bitcoin Losing Steam, Anchored at Q3 2022 Support at $18.5kPast Performance of Bitcoin
Bitcoin remains in a range, and price action is still dull at spot rates. As it is, BTC has support between $18.5k and $19k and is technically bearish, reading from the candlestick in the daily chart. Days after the October 13 bull bar with relatively high trading volumes, Bitcoin is back inside the bull bar and broadly inside a bear breakout formation.
#Bitcoin Technical Analysis
Presently, BTC bulls have a chance. From the daily chart, prices are in range inside the October 13 bull bar, a net positive for buyers. The sharp reversal of prices from below Q3 lows with increasing trading volumes may point to the early stages of recovery and the end of the 11-month bear run. This preview, nonetheless, is valid if prices are above $18.5k and, preferably, $20.5k in the short term, breaking away from the current consolidation. If not, losses below last week's lows at $18.2k may see Bitcoin disintegrate, falling to register new 2022 lows.
What to Expect from #BTC?
BTC is within a bear formation, and traders are overly apprehensive. Unless clear breakouts signal the end of the bear run or the continuation of Q3 2022 bears, trades can stay on the sidelines. Gains (losses) above $20.5k ($18k) would mean the sideways movement of the better part of Q3 2022 was accumulation (distribution).
Resistance level to watch out for: $20.5k
Support level to watch out for: $18.5k
Disclaimer: Opinions expressed are not investment advice. Do your research.
$17,436 Bitcoin price on September 26th, Vix Cheat SheetHello everyone,
VIX closed above the upper bollinger band today September 21st. The Vix Cheat Sheet indicator says that the maximum loss over the next five candles could possibly be 5.36%. It says there will be barely any gains until the next ten daily candles are reached and only then will there be a gain of 1.36%. The last few Septembers have all been blood red for Bitcoin. Why should this be any different? I am always looking for scalping opportunities but it hasn't been going well because of so much volitility.
Do you believe that bitcoin is going to $14,000? I don't think so but only time will tell. Try the vix cheat sheet indicator for yourself and let me know what you think. Can you read the small box it made on this graph? Try looking at it from a computer and not your mobile phone. You will see it says "over the next 5 candles the maximum loss is around 5.36%. The maximum gain it says is 0% yet over the next ten days it says around 1.36% gain.
However for scalping I will try to use the Phoenix Ascending plus Bad Ass Bollinger Bands. Check my previous instructions on that. Please leave a like on both. Thank you. Make sure to follow for more.
Indicator: Bad Ass Bollinger Bands by wyckoffmode InstructionsHello,
At this time you may buy Bitcoin below the lower indigo band of Bad Ass Bollinger Bands and sell above the white upper band.
In the future you can come up with your own trading strategy by looking at the BBB indicator and finding the points on the indicator where buying is optimal. For instance like I said now is the time to buy below the lower indigo or "blue" band and sell above the white upper band.
Please, I'm interested to know your thoughts and would appreciate if you write me some information in the comments about this.
Please, pair Bad Ass Bollinger Bands with "Phoenix Ascending" also by username wyckoffmode aka David. He's a great man.
You may also ask him for access to "Phoenix ARI" and combine stochastic RSI with Phoenix ARI because Phoenix ARI is less susceptible to price action. By merging the two you get a good glimpe of volitility mixed with price action.
By using Phoenix Ascending a general rule of thumb is to buy Bitcoin when the blue LSMA is below the 20 line. However as you can see that doesn't happen a lot. So try to buy when all three green,red and blue are as close to the 20 as possible with green even being below the 20.
The best timeframe to use this on in my opinion is the three hour. If you are using this on the 15 minute or 30 minute chart please make sure you load a copy of the 3 hour and 6 hour charts in another tab and monitor to them to accurately make a good trading decision. Always remember what it generally boils down to in this market is to buy below the the lower indigo and sell above the upper white.
Good day and best wishes.
DeFeye BITCOIN Mid to Long-Term UpdateHappy Weekend Traders, Investors & Gamblers 😃
Today I will look at the key price levels and idicators above the current price range, on the weekly chart for Bitcoin, and don't worry I know there is a lot going on on that chart so I broke it all down individually below 👇 In the coming days I will look at the bearish scenario if Bitcoin was to slip below the current bottom.
Trend Lines (Falling Wedge):
Support:
Here we need to note that the previous strong support leading back to September 2021 has now turned into Bitcoins highest resistance point right below 25.000$ that will become even more interesting when we look at the alignment with a key Fibonacci level that will follow right below.
Resistance:
The resistance of the falling wedge lays right below 30.000$ to about 27.500$ depending on how long Bitcoin will take to break above, we also have to note the perfect alignment with the Bull Market Support Band which I included in the picture below.
Fibonacci:
Here we have the smaller retracement coming from the 48.000$ March top down to the current bottom (Pink), and the larger retracemnt coming all the way from the current 69.000$ November 2021 ATH also down to the current bottom (White).
The .236 Fib. level on the Smaller (pink) retracement is BTC's highest resistance point within the current range. That price lays right below 25.000$ and is in perfect alignment with the previous trendline and support of the falling wedge that we looked at earlier.
The next step from a Fibonacci retracement perspective would be to reach the 30.000$ area where we see alignment between two key Fib. levels , the .382 on the smaller pink retracement and the .236 entry level on the larger white retracement. A break above would also confirm a breakout from the resistance of the falling wedge
200w SMA:
Current Support just below 22.900$
Historically a major support and bottom price indicator for bitcoin, previously BTC has only fallen below it on three occasions , in 2015, in 2020 and now in recent weeks. Historically BTC has gone on to rallies that lead to new ATHs everytime BTC managed to close a weekly candle back above it and confirmed the breakout with another bullish candle. Therefore we are now looking for Bitcoin to follow up with another bullish candle close and a minimum price of at least 23.400$ after breaking back above the moving average last Sunday. (See below 👇)
Confirmation Back Above 200w SMA:
First Time (October 2015)
Followed by 2017 20.000$ ATH
Second Time (March 2020)
Followed by current 69.0004 ATH
Third Time ??? (August 2022)
Conclusion:
The first step for Bitcoin is to confirm support back above the 200w SMA and to break through the resistance in the 25.000$ area.
After that the 30.000$ region is key to confirm a trend reversal and to get back above the bull market support band which for many defines the start of a bull market .
Of course there are mmany key levels above, and I will break them down for you guys once they become relevant.
I would like to add that this is only for educational purpose and in no way a guarantee that it will play out this way, nor is this or are any of my posts financial advise.
As always, A BIG THANK YOU for stopping by, I hope you liked my post! If you did, please take a second to drop a like or comment, every engagement puts a smile on my face, but also helps me to get my ideas out to many more of you guys!
Happy Trading ✌🧡📈
BITCOIN Short-Term Update - by DeFeyeHappy Thursday Traders, Investors & Gamblers
Today I want to look at the key levels above and below us that dictate where the Bitcoin price will go in the coming days/weeks.
On the daily chart we have to note the ascending channe l and then zoom in on the current trend (white dotted line) where Bitcoin is trying to confirm another H/L above the previous range highs and neckline right around 22.600$ . Here we can see that the line in the sand for a wick down is right above 22.000$ but we want to stay above the white dotted trendline and the key level of 22.600$ on a candle closing basis.
If BTC loses that trend the lkelyhood is that we re-test the bottom of the ascending channel right around 20.000$
The line in the sand to the downside for this range is appromimately 18.950$ on a candle closing basis (red horizontal line), and to the upside BTC must close above the resistance of the ascending channel which is perfectly in line with the horizontal resistance coming from the Spring bottom of the previous range right around 25.350$.
On the upside it is clear to see where the targets would be in thecase of a breakout, 1./ The previous range support right around 28.500$ and then 2. / the resistance of that range right around 31.800$ .
A break above that range would indicate a trend reversal on larger TFs which I will cover in my next post on the weekly chart in the coming days. I will also cover my targets to the downside in case that Bitcoin would lose this range and slip further down.
Here below you can watch my video from june 15th where I predicted the current Bitcoin bottom 👇
I would like to add that this is only for educational purpose and in no way a guarantee that it will play out this way, nor is this or are any of my posts financial advise.
As always, A BIG THANK YOU for stopping by, I hope you liked my post! If you did, please take a second to drop a like or comment, every engagement puts a smile on my face, but also helps me to get my ideas out to many more of you guys!
Happy Trading ✌🧡📈
Bitcoin OptionsHey there traders. My mid to short term impression on #BTC #price action, is some continuation of the previous patterns, with a return above the 200EMA.
That return will be the turning point, either breaks above, or rejects to lower levels. For now, this is what i'm expecting.
Check the Fibonacci levels
BITCOIN Long Trade Opportunity! What's up everyone! 😀
We found nice support here still holding our current range whilst sitting above the .236 level on the Fib. retracement from the range high to the range low.
In addition we are confirming support of this ascending Channel
A bounce here could take us back to test the previous range highs.
Keep in mind this is short term, for a larger bullish trend reversal we need to close above the current range highs abovee 22.600.
I would like to add that this is only for educational purpose and in no way a guarantee that it will play out this way, nor is this or are any of my posts financial advise.
As always, A BIG THANK YOU for stopping by, I hope you liked my post! If you did, please take a second to drop a like or comment, every engagement puts a smile on my face, but also helps me to get my ideas out to many more of you guys! 😃🙏
Happy Trading ✌♥📈
BITCOIN Local Range SimplifiedEvening Traders, Investors & Gamblers 😃
Bitcoin Current Range Simplified:
_______________________________________
Note: A 4h candle close above/below each line or outside of the range, would indicate further movement into that direction.
I would like to add that this is only for educational purpose and in no way a guarantee that it will play out this way, nor is this or are any of my posts financial advise.
As always, A BIG THANK YOU for stopping by, I hope you liked my post! If you did, please take a second to drop a like or comment, every engagement puts a smile on my face, but also helps me to get my ideas out to many more of you guys! 😃🙏
Happy Trading ✌♥📈
BITCOIN Bullish Reversal Opportunity!!Welcome Traders, Investors & Gamblers 😃
As expected we are slipping lower and there is one key level tht we need to bounce off from this weekend!
I would like to add that this is only for educational purpose and in no way a guarantee that it will play out this way, nor is this or are any of my posts financial advise.
As always, A BIG THANK YOU for stopping by, I hope you liked my post! If you did, please take a second to drop a like or comment, every engagement puts a smile on my face, but also helps me to get my ideas out to many more of you guys! 😃🙏
Happy Trading ✌♥📈