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BTCUSDTPERP

📊bull structure of BTC is still in place, don't be pessimistic➡️There was no update to the analysis yesterday because we were busy printing money and were happy that the market developed as expected and we had a big pullback after achieving our short-term bullish target. According to the Elliott wave theory, we completed the correction wave A with a full falling wave and are currently completing the main wave B with a mini-correction wave.📈 🧠If we can successfully break the upper H point, then we can challenge the bear defense point. If a successful breakthrough means that the short structure is destroyed, it means that we will be able to reach the target area 2 with a high probability.🎯 ➡️If we break below the bull defense, then we may exit the upward channel and start a correction⚠️ Let's see👀 🤜If you like my analysis, please like 💖and share it💬 💕 Follow me so you don't miss out on any signals and analyze 💯
Long
by wolf_king888
📊Where might the #BTC rally stop❓🧠According to Elliott wave theory, we are currently moving in wave 5, and the four waves ahead are all small and not as big as the last full wave 5, so we may stop after completing TP zone2 and then take the ABC correction wave.📉 👀But according to the structure, we have risen all the way from the bottom of the smiley bullish structure, then we are most likely to stop after the completion of the medium-term target, and then make a pullback.🎯 ⚙️Therefore, it is recommended that we do a good job of risk management, do not be carried away by the surging joy, and the remaining goals we should maintain a cautious attitude to face.⚠️ Let's see👀 🤜If you like my analysis, please like 💖and share it💬 💕 Follow me so you don't miss out on any signals and analyze 💯
Long
by wolf_king888
The long sideways are coming to an endHello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (BTCUSDT 1D chart) We are going to show how the HA-High indicator created on July 5th, starting on April 17th, is changing due to this movement. Accordingly, the HA-High indicator is expected to move from the 30495.92 point to the 34389.02 point. Therefore, among the 34110.32-34786.17 range, it is expected that whether it receives support or resistance around 34389.02 will be an important factor. If the HA-High indicator is supported and rises, it is likely to renew the previous best high. As the volatility period passed around November 2-8 (maximum November 1-9), it became important to maintain the price in which direction it deviated from the 34110.32-34786.17 range. On the other hand, if it meets resistance at the HA-High indicator and falls, it is highly likely that it will basically fall near the HA-Low indicator. Currently, the HA-Low indicator point is located at 26151.99, but if the price falls, it is highly likely that a new HA-Low indicator will be created. Therefore, at that time, whether or not it is supported by the HA-Low indicator becomes an important issue. If such a move is made near the MS-Signal indicator, there is a possibility of creating a pull back pattern because the reliability is high. (1W chart) Fluctuations in the HA-High indicator are also expected in the 1W chart. As you can see from the formula of the published indicator (HA-MS), the HA-High indicator is a combination of the Hikinashi and RSI indicators. Therefore, because the RSI indicator entered the overbought zone due to this rise, there is a high possibility that the HA-High indicator will fall and be created once it leaves the overbought zone. As of April 19, 2021, the HA-High indicator, which was created on November 15, 2021, has fallen, increasing the possibility of its creation. As explained in the 1D chart, large fluctuations in the trend are likely to occur depending on whether support or resistance is received in the HA-High indicator, so changes in the HA-High indicator on the 1W chart can be said to be very meaningful. When a new HA-High indicator is created, whether it is created above or below the current price will play an important role in forming support and resistance zones. On the 1D chart, the position where the HA-High indicator is intended to be created is located below the current price, so it is in the support range, so you should think that there is a higher possibility of an increase and think about a countermeasure. However, you must also think about countermeasures in case of a decline. This rise can be seen as a signal that the long sideways trend is coming to an end. -------------------------------------------------- - The big picture The full-fledged upward trend is expected to begin when the price rises above 29K. This is the section expected to be touched in the next bull market, 81K-95K. -------------------------------------------------- ------------------------------------------- ** All explanations are for reference only and do not guarantee profit or loss in investment. ** Trading volume is displayed as a candle body based on 10EMA. How to display (in order from darkest to darkest) More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA ** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own. ** This chart was created using my know-how. ---------------------------------
by readCrypto
1
The key is whether it can rise in the 34786.17-37779.56 rangeHello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (BTCUSDT chart) It received support and rose in the 34110.32-34786.17 range. The still important section is the 29241.72-30767.38 section. Therefore, if it falls below the 29241.72-29850.45 range, it is likely to turn into a downtrend. (1D chart) A period of volatility has just begun. Therefore, caution is required when trading until the volatility period ends around November 8 (November 7-9). We need to check whether the StochRSI indicator and the Histogram indicator can continue their upward trend and rise above the 0 point. Of the three buying opportunities I mentioned before, it is showing an upward trend without creating a pull back pattern, which I said would be the first buying period after BTC rose above 29K. If it appears to fall below 34110.32 around November 2 (November 1-3), the beginning of the volatility period, you need to check if it is supported around 31804.20-32917.17. The second time to buy BTC was when a pull back pattern was formed when it fell after resistance near 38531.90. I will explain this again when the price rises to around 37779.56-38531.90. -------------------------------------------------- - The big picture The full-fledged upward trend is expected to begin when the price rises above 29K. This is the section expected to be touched in the next bull market, 81K-95K. -------------------------------------------------- ------------------------------------------- ** All explanations are for reference only and do not guarantee profit or loss in investment. ** Trading volume is displayed as a candle body based on 10EMA. How to display (in order from darkest to darkest) More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA ** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own. ** This chart was created using my know-how. ---------------------------------
by readCrypto
📊#BTC falls back after breaking bull flag, what’s next❓➡️As I said in the previous post, our overall direction remains bullish, and we set the market trap after breaking out of the wedge structure within the bull flag yesterday, and we are pleased that the market has developed as expected. In the end, we achieved all of our goals, successfully hunted a return of 253%, and achieved a profit and loss ratio of 2 times. Set the market trap in advance,🕳you have plenty of time to participate.💯✔️ ➡️The market pulled back sharply after we closed our positions, and there must have been whales in our money-printing team.😂 ➡️So how should the next market develop❓ 🧠From a structural point of view, we are in the rising bull flag, today we choose to break upward, then it means that the future direction will continue to increase the momentum. Moreover, there is a smiley bullish structure inside the bull flag, and the bull goal of this structure has not been fully realized, so it is also worth looking forward to. In addition, we broke the big short defense during the rally today, which means that the big short structure has been destroyed, which means that we will continue to rise.🚀🌕 ⚠️Note that if our small bull defense is broken, it means that our bull structure is broken, which means that we will face a significant correction situation.‼️ Let's see👀 ✔️Actively bullish also requires looking for the right entry opportunities, find 👉 Wolf king , let us participate in the traps laid in advance🕳
Long
by wolf_king888
Check if StochRSI shows a trend reversalHello? Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (BTCUSDT chart) (1M charts) We have entered the 32917.17-59053.55 box section. Accordingly, the key is whether it can receive support above 32917.17-34110.32 and rise above 37253.81. (1W chart) It showed a large increase, rising above the 29241.72-30767.38 range. Accordingly, the key is whether it can rise above 38531.90. If not, you need to see if you can move up along the uptrend line. If it rises above 38531.90, I think a trend reversal will occur around 46431.5. therefore, 1st: 38531.90 2nd: 46431.5 The important factor is whether support or resistance is received around the first and second positions above. It is also important to consider whether a pullback pattern will be created with 29241.72-30767.38 as the boundary, or whether the price will turn into a downward trend. (1D chart) When looking at the big picture, 1st: 34786.17-37779.56 2nd: 44200.0-476.0 There are 1st and 2nd important support and resistance sections above. To do so, the key is whether it can receive support and rise around 32917.17-34110.32. The volatility period is around November 2nd - 8th. Accordingly, it is necessary to check at which point or section there is support or resistance after this period. Since the StochRSI indicator is showing a downward trend, it is necessary to check whether the downward trend is maintained even when a new candle is created. If the downward trend continues, the current movement is likely to be a movement aimed at creating a high. Since this movement has the potential to create a pullback pattern, the key is whether it can support and rise near the MS-Signal indicator, that is, around 29850.45-31804.20. If a pull back pattern is created this time and it rises, it will be the first time to buy BTC or ETH after BTC rises above 29K. If you have purchased some BTC or ETH below BTC 29K, it is recommended to make a secondary purchase of the altcoin you own from a mid- to long-term perspective. However, it is doubtful whether altcoins will see a large decline in this pull back pattern, so you should decide your investment proportion based on the decline. From a mid- to long-term perspective, I think the secondary purchase period for altcoins should be around BTC 32K-43K. Therefore, caution is required when making secondary purchases of altcoins as you may miss better opportunities if you invest too quickly and with a large investment proportion. In fact, I think it is best to purchase altcoins when BTC's full-fledged upward trend begins. However, the reason why I say that altcoins should be purchased three times over such a long period of time is to increase the number of coins (tokens) corresponding to profits through day trading or short-term trading, or to increase cash profits. This is to obtain. -------------------------------------------------- - The big picture The full-fledged upward trend is expected to begin when the price rises above 29K. This is the section expected to be touched in the next bull market, 81K-95K. -------------------------------------------------- ------------------------------------------- ** All explanations are for reference only and do not guarantee profit or loss in investment. ** Trading volume is displayed as a candle body based on 10EMA. How to display (in order from darkest to darkest) More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA ** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own. ** This chart was created using my know-how. ---------------------------------
by readCrypto
📊BTC in the cattle flag shock consolidation, what happens next❓➡️In fact, I already indicated in my analysis yesterday that our expectation for the direction is up, because we have formed an upward bull flag in the big cycle (generally we continue to rise through this model), and we successfully broke the previous short structure yesterday, which means that we will continue in the direction of bulls.🚀🌕 ⚠️But because we achieved our short-term bullish target and entered a correction wave and regrouped after clearing out most of the short sellers.📉 ➡️Now we are gradually squeezed inside the bull flag to form a rising wedge structure, and generally we fall through this model structure. Note that here is a small cycle level of the rising wedge structure, can not expect too large targets. Also, yesterday in my trading analysis I said that we would not short easily. 🧠So when we clear the lows ahead, we will start a new bull rally.📈🚀🌕 Let's see👀 🤜If you like my analysis, please like 💖and share it💬 💕 Follow me so you don't miss out on any signals and analyze 💯
Long
by wolf_king888
4
📊#BTC forms a rising bull flag, what happens next❓🧠I look forward to continuing to rise, because our general direction is in the bull structure, the formation of a new smiley bullish structure in the bull flag, and there are targets above to look forward to.🙏🎯 ⚠️But we can also move down, because our medium-term goal is achieved, and the action we do after the goal is achieved is to reduce and watch, and the downward correction can also make the rally healthier.💯 ➡️Now we don't need to guess where the market will go, we just need to watch the breakout of key points (H) (L). If we break the key point (H) upward, then there is a high probability that we will continue the rally to achieve goal 1.📈 ➡️If we choose to go down below the key point (L), then there is a high probability that we will move towards the support zone📉 Let's see👀 🤜If you like my analysis, please like 💖and share it💬 💕 Follow me so you don't miss out on any signals and analyze 💯
Long
by wolf_king888
📊#BTC may rise in a falling wedge pattern📈🔔Shortly after we informed everyone to cancel the long orders in the morning, the market price developed in the direction we were worried about, because we had previously advocated being bearish, but we were not persistent.✔️ 🧠With the development of PA, we have set two possibilities. If the market price at that time chooses to break through the low point (L) downward, then we will directly pursue the short position. Because the low point is broken, it means that a new short structure has emerged, and our original structure is short, so it is reasonable for us to go short. 🧠If the price chooses to continue to rise above the upper high point (H), then a new long structure will appear, which means that we will attack the short defense point upwards. If the short defensive point is broken, it means that the short structure is destroyed, and then it will be a high probability event to continue to rise. This is a coherent set of thinking logic that everyone can try to understand.☕️ ➡️Now we still need to wait for the breakthrough signal of the upper high to be actively bullish.☕️ let us see👀 🤜If you like my analysis, please like 💖and share it💬 💕 Follow me so you don't miss out on any signals and analyze 💯
Long
by wolf_king888
📊#BTC rebounded after breaking the bull defensive point. pump ❓➡️First, the conclusion is given that the high probability is a fake pump.✔️ 🧠Because the bull defense is broken, it means that the bull structure is broken, which means that there is not enough momentum to support us to go higher. And this rebound is because of the completion of the short target of the small double top structure, a large number of bears chose to leave the field, a large number of bulls entered, and the price naturally rose. In addition, we did not form a new bullish structure at the bottom, and the rise without a structure to support the driving force is only a rebound, and we cannot expect too much. ⚠️If we want to continue to rise, then we need to break through the two bear defense points above, or we will continue to fall. Let's see👀 🤜If you like my analysis, please like 💖and share it💬 💕 Follow me so you don't miss out on any signals and analyze 💯
Short
by wolf_king888
📊#BTC will continue to fall according to the falling triangle📉🧠Yesterday, our rally did not break out of the previous high but formed a new short structure at the top, and then in the process of adjusting below it formed a declining triangle (normally we go down through this model). The signal was confirmed after we fell below the lower edge of the falling triangle, so I announced the trading strategy for this short position in advance for free. 😂I was preparing the analysis copy, have not had time to publish the analysis results, our goals have all been achieved, congratulations with the Wolf King printing money friends to achieve a 200%+ rate of return.💰🤩🍻 🧠The final price has fallen below the bull defense point, then the inflection point position will most likely fall below, and then continue to go lower, because the large short structure will appear as the bull defense point and the inflection point are broken.📉 Let's see👀 💌If you can't grasp the rhythm of futures trading, please follow Wolf king footsteps and print money together.💰🍻 💕 Follow me so you don't miss out on any signals and analyze 💯
Short
by wolf_king888
Is Bitcoin Bullish or Bearish? Objective AnswerTLDR: Out of the seven conditions for a bullish bias, we can consider: 3/7: Fulfilled. 3/7: Partially Fulfilled. 1/7: Not Fulfilled. The bulls can begin to feel optimistic but don’t bet the farm on Bitcoin, yet. The Importance of Bias: Determining a bias, bullish or bearish is a prerequisite before placing a trade. Simply, when an asset is in an uptrend, long trades have a higher probability of success. The opposite is also true. Conditions of Bias: To determine the bias, I have listed seven criteria: 1. ChoCh: a change of character marks a reversal of the previous trend. For example, when an asset’s price gets above (candle body) a previous LH. A ChoCh signifies a change in sentiment and a shift from a downtrend to an uptrend and vice versa. In the chart, you can see that on October 1st, the daily candle body crossed above the September 19th wick. In that respect, you can say that we had a ChoCh. 2. HHs & HLs: If an asset consistently makes Higher highs and higher lows, the bias is bullish. In the case of Bitcoin, it had made: • A low on September 11th (24.9K). • A high on September 19th (27.5K) • A lower high on September 25th (26K). • A higher high on October 2nd (28.6K) To consider this as an uptrend I would like to see one HH and a HL. This condition is partially filled. 3. EMA’s: This condition is divided into three categories: 3.1 200D EMA: the 200D EMA (roughly) divides the sentiment to bullish or bearish. If Price > 200D, the asset is bullish. Bitcoin is above the 200D EMA. 3.2 Bull Market Support Band: If the asset is above the BM Support band it is bullish. If the asset is below the BMSB it is bearish. Currently, Bitcoin is inside the BMSB. This condition is not filled. 3.3. Short EMAs Above Long EMAs: The 50D EMA is above the 200D. The 21D EMA is also above the 200D EMA, and it just crossed above the 50D EMA. I consider this condition as partially fulfilled. 4. RSI: The RSI is a momentum indicator. Like the 200D EMA, it also can serve as a rough estimate of bias. If the RSI > 50, then the asset is bullish. In this respect, we can consider this condition as fulfilled. 5. Volume: In an uptrend, we would like to see a general overall rise in volume. In particular, we want to see volume rising when the price goes up and a decline in volume when the price goes down. Since the low of 24.9K on September 11th, we had 24 trading days. 13/24 were green days. 8/13 of the green days were with a higher-than-average volume. However, to confirm an uptrend we need volume to pick up, especially on the green days. I consider this condition as partially fulfilled. 6. Reliable Support: The 25K has proved that it is a strong support. If we examine the PA together with Fixed Range Volume Profile the 26K is also strong. The fact that there was no retest of the 25K level or even the 26K is a bullish sign. I consider this condition as fulfilled. 7. Break Above Resistance: The 28.15 – 28.6K is a significant S/R level. Until now Bitcoin did not flip this level to support. I consider this condition as unfulfilled. Conclusion: If Bitcoin makes another HH & HL and flips the 28.5K to support, the bias is bullish. Until this happens this uptrend is still fragile, and it can flip to full-on bearish. NFA. What do you think? Please share Best Wishes
by NewThoughtCrypto
Bitcoin RoadmapHello Friends. In this TV Idea I will try to sketch out a roadmap for bitcoin in the coming weeks and months. Immediate Support & Resistance: Support: 28.1K – 28.6K Resistance: 29.75K – 30.25K PA: Bitcoin completed a successful breakout of an Ascending Triangle. The breakout target is 31,850. Next Major Milestone: 1. 33K was the Selling Climax point before the first bear market rally / redistribution in January of 2022. Bitcoin needs to break above 33K and flip it to support. 2. A successful S/R flip could lead to 45K which was the previous redistribution range high. 3. Even if we assume a successful S/R flip of the 33K level. It is likely to take months until bitcoin reaches the 45K level. Invalidation: 1. A daily close below 28.15K. 2. A daily close below 26.5K will strengthen the bearish bias/
Long
by NewThoughtCrypto
Entering a period of great volatilityHello? Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (BTCUSDT 1W chart) As it rises above the 29241.72-30767.38 range, we are entering a period of great volatility. Accordingly, The resistance section is 1st: 38531.90 2nd: 46431.5 It is expected to be around the first and second rounds above. However, even if it falls, it must be supported around 29241.72-30767.38. If not, it is likely to fall towards the 21258.0-23174.39 area, so selling is necessary to secure profits. The maximum rise during periods of high volatility is expected to be around 46431.5. However, depending on how it breaks above 38531.90, there is a possibility that it will form a high around 38531.90 and then fall. Accordingly, you should check the trading volume when it rises above 38531.90. In order for a period of high volatility to proceed normally, the price must be maintained above the 29241.72-30767.38 range. Otherwise, if it touches below 29241.72-30767.38 even once, there is a high possibility of a short-term decline, so a countermeasure is needed. We don't yet know when this period of high volatility will end, but it is expected to end with a decline to create a large pull back pattern. If so, the low point to create a large pull back pattern is expected to be near the MS-Signal indicator. Therefore, as the price rises, the MS-Signal indicator is expected to rise and eventually form a low point around 29241.72-30767.38, the section where the period of great volatility began. (1D chart) It shows an upward trend above the box range of 29850.45-31804.20. Accordingly, it becomes important to be able to maintain the price above 30495.92-30766.51. The next period of volatility will be around November 2-8. (4h chart) The key is whether the upward trend continues along the upward trend line after around October 26th. As BTC appears to be breaking above its recent high, altcoins are also showing an upward trend. However, if BTC rises above 32K and continues to rise, altcoins are expected to gradually sideways or begin to decline. Accordingly, from a mid- to long-term perspective, the secondary purchase period for altcoins is expected to take place between 32K and 43K BTC. -------------------------------------------------- - The big picture The full-fledged upward trend is expected to begin when the price rises above 29K. This is the section expected to be touched in the next bull market, 81K-95K. -------------------------------------------------- ------------------------------------------- ** All explanations are for reference only and do not guarantee profit or loss in investment. ** Trading volume is displayed as a candle body based on 10EMA. How to display (in order from darkest to darkest) More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA ** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own. ** This chart was created using my know-how. ---------------------------------
by readCrypto
2
📊#BTC short structure is broken, where is the target🎯❓🧠The BTC market bulls are still strong, the short defense point is broken means that the short structure is destroyed, so there is hope to continue to challenge the former high, the former high 35300 as the first reduction target🎯, the second is TP zone.🎯 ⚠️Note that there is also the potential to evolve into a larger short structure, so don't forget about risk management⚙️ 🤜If you like my analysis, please like 💖and share it💬 💕 Follow me so you don't miss out on any signals and analyze 💯
Long
by wolf_king888
📊#BTC market is crazy bullish, how to do it specifically❓➡️The current market sentiment is very high, the technical and news are good, but the liquidation data I received is very surprising, there are long liquidation data and short liquidation data, there are profits in the trading market and there are blood, the trading market is very cruel, so risk management is very important.💯✔️ 🧠Although we are also strongly bullish, we do not blindly go long BTC. Because BTC is currently in a short structure. According to Elliott Wave theory, we are currently moving in the fourth wave of BTC, whether it will move in the fifth wave as expected, we do not know, and we do not need to guess, we just need to watch and wait.👀☕️ ➡️If we come to the buy zone on wave 5 as expected, this will be the best place to go long. ➡️If we choose to break the short defense point upwards, then the short structure will be broken and we will have the opportunity to challenge the TP zone. Let's see👀 🔔If you think my analysis is useful to you, please don't forget to "like" me.✔️💯💪🍻 💕 Follow me so you don't miss out on any signals and analyze 💯
Long
by wolf_king888