BTC : What did we say ?As shown before, BTC rose up to 66K+, now returning to lower levels under 60K.
The current circle shows a potential rush to 55/56K, be careful though BTC will always be BTC.
Btcusdshort
Bitcoin sell and then buy at 65000Bitcoin buy trade. This is the perfect trade based on ICT concepts of liquidity model 7. Trade will blast mark my worlds.
Bitcoin's local perspective 14.10.24The old logic of the forecast from last Monday was achieved👇
After that, the price went under the mentioned trend line and continued its drop.
Now there are no new swing models for INDEX:BTCUSD , and within the existing ones there is a correction to the zone of $64,000-$63,648
BTCUSD bull run?I think btcusd not ready for Bull. In this triangle btcusd strong bearish.
Please research.
#btc #btcusd #elliottwave #bitcoin short wave 3 13Oct24This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
#btc #btcusd #elliottwave short sell trade setup 6oct24This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
BTC seem going bearishConsidering the direction Bitcoin is heading, along with the RSI divergence, BTC seems to be turning bearish with a potential target range of around 30k to 25k.
Bitcoin - Looking To Sell Pullbacks In The Short TermH1 - Bearish trend pattern
Currently it looks like a pullback is happening.
Until the two strong resistance zones hold I expect the price to move lower further after
pullbacks.
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BTCUSD SELL ANALYSIS RISING WEDGE PATTERNHere on Btcusd price has form rising wedge and have broken line 63197 which means there is high probability of moving down and going for SHORT is needed with targeting profit of 61256 and 59238 . Use money management
Bitcoin's Healthy Uptrend Faces Critical Test—Is It Time to Sell
Bitcoin's recent rally has followed a well-defined and healthy uptrend, with the trendline offering strong support. This suggests a sustainable bullish momentum. However, for this healthy trend to continue, Bitcoin will soon need to retest its trendline support.
Should the test confirm strength in the trendline, the next significant resistance level is projected to be near 68K. On the other hand, if the trendline is breached, we can expect a short-term downside move towards the 60K-59K range, which marks the previous high during the first trendline test, and it should be treated as a potential support zone.
Given this outlook, the prudent trading approach for Bitcoin at this stage is to adopt a sell strategy, anticipating a short-term correction.
BTCUSDT - One n single region, what's next??#BTCUSDT.. market just near to his one n single region that is 64500 to 65100 around.
That region will be most important region of the month n quarter.
Keep close that region because that will be last hope for sellers.
And above that will be new era of buying.
Good luck
Trade wisely
BTCUSD Analysis elliot sell. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
BTCUSD SELL ANALYSIS RISING WEDGE PATTERNHere on Btcusd price has form a rising wedge pattern which means that if the 58632 level is break then sell will be activate and going for SHORT is needed with targeting profit of 53189 . Use money management.
BTCUSD sell signal. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
ROAD TO BITCOIN - $60K to $64K to $54KBINANCE:BTCUSD should head up towards the 64K area which will act as our sellside liquidity, and from there we should be moving towards $54-57k range for a good support.
btcusd sell signal. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
BTCUSDT.. again holding perveious resistance? Next??#BTCUSDT.. well guys market placed last week high near to his perveious resistance area.
That is most important area around 6020 to 60700 around.
Keep close that region because if market hold it then again drop expected towards our downside areas.
Good luck
Trade wisely
Btc PlanI would love for Btc to take out Weekly liquidity and get everybody bullish before the real bloodbath begins
BTCUSD SELLBitcoin is following a downtrend, as we all know.
Making money in opposite direction than the market trend is sometimes difficult, but, as market is now making higher highs, I have a sell trade for you guys from here, a buy from a good zone, and after that, potential sells as the market will continue to drop.
So, I have mentioned 4 trades for you to follow at your own risk. This is just an advice depending on my own analysis.
#Happy_Trading
BTC - TWO Theories - ELLIOT Wave vs FRACTALElliot Wave Theory is an absolute favorite of mine, combined with Wyckoff Method and chart analysis (trendlines and technical indicators). If you've been following; you'll know I've been speaking of a multi-month cycle, specifically a multi month corrective wave before the final impulse wave up (4-5).
Considering we're still in that corrective phase, let's take a look at TWO options from here:
Option 1 , is we retrace around -50%, same as last time. However, this would pose an issue - if we drop lower than (1), it invalidates the Elliot Wave Theory, and also invalidates the bullish cycle. The second problem, is that the previous cycle's increase (2-3) was MUCH bigger than the current 2-3 we are observing. This brings us to option 2.
Option 2 , is that we retrace around the same ratio as the previous cycle. To calculate the ration, we need to see what % we retraced and compare it to the % increase.
We increased 1533.92% (2-3)and retraced 55.25% (3-4). That means it's a 3.6% correction compared to the increase.
For the current cycle, we increased 357.27% (2-3) and retraced 33.76% (3-4). This gives us a 9,45% correction - three times as much as the previous cycle.
You can take this two ways - either we're following a 50% correction, OR we're not falling lower than the current point 4 which is around $49K.
Share your thoughts!
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BINANCE:BTCUSDT
