BTCUSDC
BTC very interesting fractal !BTC / USDT
BTC is making a very interesting fractal
The left side chart is 2016 and right side is today
If this repeats then be ready for a surprise 50% pump from here (unexpected for the majority of traders)
This scenario is also considered the 1st structure I shared with you in my last analysis …check attachment below
Most of pepole now will vote for major bearish wave which could be a main reason for pump (may be not 50% but hit of their stoploss /taking liquidity before dropping looks reasonable)
is this scenario possible? Agree or not ?
Share with me in comment section below ⬇️
bitcoin short setup Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
bitcoin short setup BTCUSDT SELL Now
price now is: 27500$
Sl: 27800$ , -300$
Tp: 26900$ , +600$(1:2)
TP2: 26500$ , +1000$
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
bitcoin short setup Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
BTCUSDT Pending SELL
At Price: 27300$
Sl: 27500$ , -200$
Tp: 26900$ , +400$(1:2)
TP2: 26600$ , +700$
TP3: 25300$ , +1000$
TP4: 25300$ , +2000$
Wyckoff Accumulation!Wyckoff accumulation is a trading strategy based on the principles of technical analysis, named after Richard Wyckoff, a well-known trader and educator who lived in the early 20th century. It is a method for identifying accumulation periods in the market, during which institutional investors are buying large quantities of an asset at a discount price, before the price moves higher.
The Wyckoff accumulation phase is characterized by a series of price movements that form a specific pattern. The pattern typically starts with a downtrend, followed by a period of consolidation and a breakout above a key resistance level. This breakout is often accompanied by high trading volume, indicating a significant shift in market sentiment.
The Wyckoff accumulation pattern is often used by traders and investors to identify potential buying opportunities in the market. By recognizing the pattern early, traders can enter positions at a discount price before the asset moves higher. However, it is important to note that the Wyckoff accumulation strategy is just one tool in a trader's toolkit and should be used in conjunction with other technical and fundamental analysis techniques.
BTC/USDT ANALICESbtc
Currently, it is stuck in the range of 26,900 to 26,600, it will break from either side and move in the same direction. In my opinion, it will either fall from the 30-minute order block, or it will go up and fall from the $27,100 order block, which is more likely to happen.
If it falls, the targets will be 26600 / 26500 / 26160 / 25900
In general, my opinion is on the decline.
Update on BTC absolute bottomINDEX:BTCUSD
We saw for the first time that BTC closed below 200 Weekly MA. Also we saw for first time BTC closing below Monthly 50MA. This is not a good sign.
I've updated my analysis and forecast for the bitcoin's absolute bottom.
Currently BTC does not have significant support until the $10,017-$11,680 range except the $16.4k-$17k area.
So stay safe brothers. Let me know if you think the bottom is in or BTC could even go lower.
BTC/USD (Bitcoin) - Daily - Bearish Pullback to Test The UptrendBitcoin (BTC/USD) has formed a head & shoulders resistance price pattern under $31,000 in May 2023.
Support Price Target(s) below are: $25000, $24000, $22000, $20000.
Bitcoin needs to establish and hold a price support level above $20,000 to maintain an Uptrend in 2023.
note: the longer-term price trend for Bitcoin could take months to establish and develop.
Will Litecoin price move up as Bitcoin exchange fees rise?Will Litecoin price move up as Bitcoin exchange fees rise?
As the Bitcoin blockchain announces a new token standard of BRC-20, it seems that the blockchain fees are rising as a result due to higher demand. I have found two articles that suggest that Litecoin may become the preferred blockchain to transact on now. This could include a higher volume for both transaction and speculation.
BTCUSD LongHello guys.
This pair has been forming a falling wedge for the past few weeks, ever since bitcoin hit the 31000 zone, which is a strong indication of building a strong bullish momentum.
The price has retested the 27000 support zone, and I anticipate it is a good time to buy some bitcoins. My entry point is at 27400, target at 30100 and SL at 26500.
My R:R target is 1:3 for this trade.
Remember, risk only 1% of your account.
BTC may be controlled by institutional trends again this yearWhether this time and the last time true or false, the market reaction is real. The next time should be the middle of June, someone can calculate the specific date, because the last time in March, BTC fell to 20,000 that time is US GOV control. Then already clear sign will control four times this year, March that smash someone calculated just 1/4 day of this year, then the next time should be the 1/2 day of 2023. The 182nd day of the year or so.
The 182nd day should be July. I didn't count carefully.
Bitcoin H&S Neckline BrokenTraders,
As stated yesterday, pending Bitcoin price action, I may unload my Alts for profit/break even. All I sold just now (algo, audio, xrp) was barely in the green. But at least is wasn’t a loss. I do not like how the altcoins are responding rn to BTC’s H&S breakdown. As suspected, alts are mirroring the move down and should it carry on, I imagine alts will exaggerate the pullback.
As you know, I have been anticipating Bitcoins pullback here for quite a few weeks. Now we are finally seeing it. So, you might be wondering why I went long on a few of the altcoins a couple of days ago? Well, the answer is quite simple. I didn’t want to be left holding stablecoin if I was wrong and crypto went the other way. I always like to hedge myself against the possibility of being wrong regarding my predictions. We are getting close to Bitcoin beating that overhead resistance and I have never been real sure whether that happens before or after a retest of our neckline, though obviously, I have been banking on a retest prior to the win of our overhead resistance.
Anyways, once BTC finally touches that neckline, I will be back and ready to go long again.
DropsTab is current. Spreadsheet will be up to date in a few minutes.
Best,
Stew
If Bitcoin Breaks this Neckline, We will see $25,200 again soon!Head and Shoulders pattern. Now on the neckline. If it breaks, 25,200 is definitely in the cards sooner rather than later. And, from a technical perspective this would be both beautiful and extremely bullish Bitcoin! You all know I have been anticipating this retest for over 5 weeks now. Let's see if we can achieve what would become a gloriously bullish retest of that C&H neckline!
Stew
P.S. - Those who follow me know that I have entered a few altcoin trades long today. Unfortunately, DropsTab is having backend technical issues authenticating to Google today, so I have been unable to update my DT port as of yet. Spreadsheet should be up to date though. We are 16 for 16 of the last long trades. Let's put a few more wins in our belts and keep it flowing.