Btcudst
Bitcoin is about to crash!Hello, my friends!
The largest Bitcoin bear is here. Today I found the Elliott wave formation which gave me the high confidence that BTC will dump hardly next couple on days.
Let’s take a look at the 1h time frame of the WHITEBIT:BTCUSDT chart. Here I am going to show you the local sub wave 3. It consists of the 5 waves. Wave 2 was represented as the triangle correction – rare situation, but it has happened. Wave 4 was the ordinary zigzag which has been ended at 0.5 Fibonacci and now the price finished the wave 5 inside wave 3.
The overall pump as I suppose is not over, but it’s almost done. I think we will not earn a lot of money opening long trades. Wave 4 of higher degree have the target area next to the wave 4 end of the lower degree. Let’s notice that it perfectly coincides with the 0.38-0.5 Fibonacci retracement of the entire wave 3. It gave me high confidence that my interpretation of the market’s underlying structure is correct. Anyway I am holding my short from $17080 , now I am in small loss and is going to wait for at least $15600 to partially take profit.
Best regards, Ivan
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Insane short on Bitcoin this New Year!Hello, everyone!
It’s time to refresh the Bitcoin analysis. BTC stacked it the annoying flat. This is the corrective wave and I think it’s has not been finished yet.
Let’s take a look at the 4h time frame BTCUSDT chart of the WhiteBit exchange. The first downward impulse consists of clear 5 wave cycle. Now there is a corrective wave 2 which is going to be represented as a zigzag ABC. I consider that wave C has been already started and we are going to see the 5 waves cycle inside this wave.
Here we have 2 targets. The conservative one is $17200 . The imbalance candle was formed in the impulsive downward wave and usually such imbalances should be filled at least for 50%. The optimistic target is $17500 because the Fibonacci retracement 0.61 level is here. Also this target coincides with the start of the imbalance. I am holding ADA for the potential bounce, but wanna warn you that I am not good in corrections defining. If you are not sure it’s better to skip trades in corrective wave and wait for the insane short.
I am going to count waves inside wave C and open short the the reversal bar in wave 5. Let’s see what will happen.
Best regards, Ivan!
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BTCUSDT: Elliot Wave 14000$Hello to all friends. Congratulations to all!! Bitcoin is at the end of its downward path, and according to the chart, its last stop is $14,000, and after that we will have a very sharp growth up to about $31,170, and I hope you can double use it according to the strategy you have. There are few sellers in the market, 2023 is a good start for Bitcoin.
BTC USDTHELLO GUYS THIS MY IDEA 💡ABOUT BTC Usdt is nice to see strong volume area....
Where is lot of contract accumulated..
I thing that the Seller from this area will be defend this SHORT position..
and when the price come back to this area, strong SELLER will be push down the market again..
DOWNTREND + Support from the past + Strong volume area is my mainly reason for this short trade..
IF you like my work please like share and follow thanks
TURTLE TRADER 🐢
Trading Signal For BTCUSDT Bitcoin Trading Setup:
There is a Trading Signal to Buy in BTCUSDT Bitcoin .
Traders can open their Buy Trades NOW
Rank : ⭐️
⬆️Buy now or Buy on 19701.00
⭕️SL @ 19036.00
🔵TP1 @ 21721.00
🔵TP2 @ 23346.00
🔵TP3 @ 27003.00
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
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Finally on the point of interest ! - LDTP #16Let's do the point !
We are finally on the level that I'm looking for since months now. It's the moment of truth, spring will succeed or fail ? We will have the answer soon, in all case the rules are always the same : WAIT SIGNALS, DON'T ANTICIPATE .
I will update this idea with everything I find to say like I did for the LDTP #14.1 (I hope I will have time to do it).
LDTP #15 just have been closed after multiples update, the main idea I was presenting have been proved, I invit you to check it.
First thing we can say is that we find the same interest that we had the first time we entered in the spring area. Since we broke the last daily bottom we find the same interest again, institutionnals are back, it's accumulating.
We can also point the epidermic reaction that we had on the bottom of the area, pixel perfect once again.
Wyckoff redistribution on 1 minute timeframe actually for me, decreasing volume so anticipated exit, we should go to at least $24,100, $23,620 for the final target.
This idea will be updated multiples times.
BTC/USDT 4 HOUR ANALYSISHi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as FINANCIAL ADVICE.
BTC UPDATE:
In short a time, BTC is making this bullish expanding triangle pattern but it's not confirmed yet.
if it breaks the important support then the chart will become invalid.
let's see how the market reacts in a few hours.
This chart is likely to help you in making better trade decisions if it did consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you