The day trading period is an opportunityHello?
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(BTCUSDT chart)
The key is whether it can rise above the HA-Low indicator on the 1D chart and above 26.1K.
If not, there is a possibility of renewing the previous latest low range.
As of now, the previous low range is 24800.0-25166.0.
I believe that the current coin market has moved from the profit realization period to the day trading period.
If the time to realize profit is the time to just sell, the time to do day trading corresponds to the time to sell for washing dishes.
In these times, great volatility will occur in the near future.
I don't think this large volatility necessarily translates into a downside.
Therefore, I hope you will think of it as meaning that you will break away from the sideways in the box section that is currently showing.
It is highly likely that volatility will occur to the extent that individual investors may not be able to trade consciously, so it is best to stop trading and take a wait-and-see approach whenever possible during these sensitive times.
However, since it is believed that we have entered a period of day trading, there is a possibility that altcoins will undergo circular pumping.
Therefore, if you are familiar with day trading and short-term trading, this will be an opportunity to earn a lot of profit.
If you are not familiar with day trading, it is best to trade as if you are practicing day trading or short-term trading with the idea of making the first purchase of altcoins for mid- to long-term investment.
If the purchase is equal to the proportion of the first purchase of altcoins, you can wait until BTC rises to the 32K-43K range.
Then, when BTC rises more than 32K, you can sell the amount of the purchase amount and leave the number of coins (tokens) corresponding to the profit, or start a secondary purchase.
If BTC rises above 32K, most altcoins are likely to gradually move sideways or begin to decline since funds in the coin market are concentrated towards BTC.
When making a secondary purchase like this, if it rises above 43K or shows support near the HA-High indicator of the 1M chart, you can proceed with a full-scale purchase.
The target point for this full-scale buying is next year's BTC Halving.
During day trading, BTC's movement is bound to slow down.
Therefore, it may not be a good idea to wait for the end of the day trading period and significant volatility to trade only BTC.
The reason is that your psychological state may become unstable.
The important thing in investing and trading is to stabilize your psychological state.
If your psychological state continues to be unstable, transactions may continue to take place in the wrong direction.
Therefore, whether you are trading at a loss or making a profit, you must make a transaction that can stabilize your psychological state.
You may ask, “How can you stabilize your psychological state when you are losing money?” However, since the current market atmosphere corresponds to the day trading period, it is possible to train your trading taste(?) and hand feel(?). It is possible because it is the right time.
It is also a good idea to make profits by trading only in mid- to long-term transactions.
Instead, you should not pay attention to the investment markets until significant volatility occurs.
The reason is to avoid creating psychological problems.
The standard for high volatility is defined as when BTC fluctuates by about 10% per day.
Therefore, I think it is better not to pay attention before then.
So, when can we know that the day trading period has ended?
When BTC experienced significant volatility???
Yes, this is correct, but
(BTC.D chart)
We believe this is when BTC dominance showed a significant rise and rose to around 60.
It can rise up to around 68, and if it rises higher than that, the coin market is expected to enter a recession.
However, I don't expect that to happen due to the big event next year.
Therefore, when BTC dominance rises to around 53, it is recommended to reduce day trading to prepare for greater volatility that will occur in the future.
If BTC falls due to large volatility,
Considering the current point in time
1st: 24800.0-25166.0
2nd: 20050.02-22826.15
3rd: 16738.21-17880.71
It is important to receive support in the 1st to 3rd areas above.
However, since there is a high possibility that it will receive support and rise near the 1st and 2nd sections, it is a good idea to think about a plan to respond to this.
This is because, as always, the movement does not come close to what we expected.
The basis for this is that the coin market does not lose as much money as expected.
(USDT chart)
So, you need to prepare for a decline, but you also need a trading strategy that allows you to buy when it falls.
--------------------------------------------------
- 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.
---------------------------------
BTCUSDTPERP
Bitcoin is Ready to ⚔️Attack⚔️ the Resistance Line⏰(1-Hour)⏰💡Bitcoin has not had many price changes in the last 7 days (of course, we witnessed an emotional market in some minutes). Most of the time, Bitcoin has been moving between two lines of Support and Resistance and the 🟢 Support zone($25,840_$25,600) 🟢.
📚In general, it is more difficult to profit when there is Little Movement in the financial markets than when the financial markets are Trending .
🌊If we want to evaluate the recent movements of Bitcoin during the last seven days according to the theory of Elliott waves , it seems that Bitcoin is forming a correction pattern of Double Three Correction(WXY) .
🌊Bitcoin is on the way to complete the last corrective wave, the Wave Y.
🔔I expect Bitcoin to at least go UP to the Resistance line and, if it breaks, to the 🟡 Price Reversal Zone(PRZ) 🟡.
💡Also, there is a possibility that the Contracting Triangle will develop in the coming days, but it is too Early to talk about this scenario.
💡In terms of classical analysis, Bitcoin has been able to form a Symmetrical Triangle . In general, the symmetric triangle is a Continuing Pattern , and if Bitcoin can break the downward Support line , we should expect more losses.
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🌐➕ Positive News ➕🌐:
BTC bull market began in March, more will realize in a year — Arthur Hayes.
Following SEC delays, ARK Invest and 21Shares file for spot Ether ETF.
Grayscale Bitcoin Trust’s alleged wallet addresses released by Arkham.
🌐➖ Negative News ➖🌐:
Crypto Exchanges Are the Least Trusted Financial Institutions, Survey Says.
$24 Million Worth of Crypto Wiped out Overnight in Massive Phishing Attack.
Palau to freeze USD-backed stablecoin after pilot launch in July
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Bitcoin Analyze ( BTCUSDT ), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Bitcoin will go UP by Falling Wedge Pattern🚀(15-Min)🏃♂️Bitcoin has been moving in a Rectangle Pattern for over 36 hours , although we have seen 🐮 Bull Trap 🐮 and 🐻 Bear Trap 🐻 in this pattern.
➕Bitcoin is currently moving near the lower line of the Ascending Channel and the Support line .
➕Also, in the middle of the Rectangle Pattern, Bitcoin has succeeded in forming a Falling Wedge Pattern .
🔔I expect Bitcoin to Attack the upper line of the Rectangle pattern after breaking the upper line of the Falling Wedge pattern.
Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
🚨Bitcoin is Ready to Break Descending Channel🚨⏰(1-Hour)⏰🏃♂️Bitcoin is moving in the 🟢 Support zone($25,840_$25,600) 🟢 after leaving behind a 🐻 Bear Trap 🐻.
📚It is better to know that, in general, Volume Trading is ↘️ Low ↘️ on Saturdays and Sundays .
🌊According to the theory of Elliott waves , it seems that Bitcoin has successfully completed its 5 downward waves and has already started corrective waves .
💡One of the signs of the completion of wave 5 is the Regular Divergence (RD+) between two consecutive bottoms in the RSI indicator .
💡Another sign that we can hope that Bitcoin will succeed in breaking the Descending Channel is the Regular Divergence (RD+) between Volume and Price in two consecutive bottoms .
🔔I expect Bitcoin to gradually break out of the Descending Channel and reach the 🔴 Resistance zone($27,000-$26,350) 🔴 and 🎯 Target 🎯 I have identified on the chart.
Bitcoin Analyze ( BTCUSDT ), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
BTCUSD 4H (Pivot Price: 25612)BITCOIN
stabilizing above 25982 will support rising to touch 26753 then 27416 then 28326
stabilizing under 25612 will support falling to touch 25303 the 24656
Pivot Price: 25612
Resistance prices: 26753 & 27416 & 28326
Support prices: 25303 & 24656 & 24039
timeframe: 4H
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Bitcoin is Ready to go UP from the Bottom of Ascending Channel🚀Hi everyone👋.
🏃♂️Bitcoin is moving in the 🟢 Support zone($25,840_$25,600) 🟢 and near the Support line , and the lower line of the Ascending channel .
🌊According to the theory of Elliott waves, it seems that Bitcoin is completing Corrective Waves inside the ascending channel.
💡Since parallel markets such as Gold have taken a downward trend in the past day and the DXY index has an upward trend, but Bitcoin managed to maintain the 🟢 Support zone($25,840_$25,600) 🟢 and the Support line . (This can be a good sign that increases the possibility of Bitcoin increasing in the coming hours.)
🔔I expect Bitcoin to reach the upper part of the ascending channel and the 🔴 Resistance zone($27,000-$26,350) 🔴 in the coming hours to complete Wave C .
--------------------------------------------------------------------------------
🌐➕ Positive News ➕🌐:
Crypto ETF Opportunity Doesn't Stop at Bitcoin, Extends Into Multiple Digital Assets: Bernstein.
OKX Cryptocurrency Exchange Expands into India, Focusing on Web3 Potential and Local Talent.
🌐➖ Negative News ➖🌐:
Crypto Exchange Volumes Fall to 2020 Levels as Institutional Funds Hemorrhage.
Drake-Backed Crypto Casino Stake Loses $FWB:40 M in 'Unauthorized' Transfers.
Trouble in the Metaverse: 99% of Play-to-Earn Investors Now Counting Their Losses.
Exploits, hacks and scams stole almost $1B in 2023: Report.
--------------------------------------------------------------------------------
Bitcoin Analyze ( BTCUSDT ), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Flow after the day trading periodHello?
Hello traders!
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-------------------------------------
(DXY chart)
For several years, the world has overcome great adversity and is on a journey to return to normal life.
The fear of war still exists, but in another sense, I believe that the world will overcome it with the power to take a step forward.
Now is the time for all countries to overcome the final hurdle to return to normal life through economic austerity.
In order for us to survive in this international situation, we need the patience to continue investing somehow.
If DXY meets resistance around 105.664-106.416 and starts to decline, I think it will gain the strength to overcome this adversity.
If it rises further than that, the global economy is likely to enter a recession.
Even so, it is expected that the coin market will likely see a significant upward trend over time.
(USDT chart)
Even when it is time to realize profits, the change in funds flowing into the coin market is minimal.
This move means that the coin market is disconnected from the real world.
Once this profit realization period passes, the coin market is expected to begin a gradual upward trend due to new purchases.
Therefore, it is expected that the end of the day trading period that follows the profit realization period will signal the start of the long-awaited upward trend.
Therefore, it is not a good choice to trade coins (tokens) and hold them at a loss during day trading.
Therefore, if possible, it is recommended to trade with coins (tokens) that will be traded for the mid to long term even during day trading.
In this way, even if you incur a loss after purchasing, you will be able to achieve some degree of psychological stability, and you will also be able to reduce losses due to the holding period.
(BTCUSDT chart)
During the day trading period, BTC price movements become sluggish, so it is not easy to directly trade BTC.
So, during these day trading periods, we naturally turn to altcoins.
This phenomenon corresponds to investment periods with high funds or when people buy BTC or ETH.
Individual investments make purchases proceed smoothly by trading altcoins during day trading, making them pay less attention to BTC or ETH, whether they are making profits or losing money.
Following this phenomenon, it is also attractive to focus on purchasing BTC or ETH.
However, anxiety over not earning as much profit may increase, so these psychological problems must be managed well.
Therefore, it is important to select altcoins for mid- to long-term trading, make the first purchase, and achieve psychological stability by conducting day trading on these coins (tokens).
Once the day trading period ends, there will be significant volatility.
This large volatility can appear either upward or downward.
No matter how it appears, I think a full-fledged upward trend will begin after that.
Therefore, before a full-fledged uptrend begins, you must have spare funds, that is, cash.
This is because you can seize the last opportunity from the volatility that will come after day trading.
--------------------------------------------------
- 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.
---------------------------------
BTCUSD 4H (Pivot Price: 25612)BTCUSD
stabilizing above 25982 will support rising to touch 26753 then 27416 then 18326
stabilizing under 25612 will support falling to touch 24656 the 24039
Pivot Price: 25612
Resistance prices: 26753 & 27416 & 18326
Support prices: 24656 & 24039 & 23314
timeframe:4H
❤️Please, support my work with like, thank you!❤️
Bitcoin (BTCUSD) price has resumed its declineBTCUSD
The price of Bitcoin (BTCUSD) traded with noticeable negativity one day, reaching the $27,000.00 barrier, reinforcing expectations that the bearish trend will continue to dominate during the coming sessions, recalling that our main awaited target is at 26640.85.
The current positivity of the Stochastic indicator may cause some temporary sideways fluctuation before resuming the expected downward bias, which will remain in place provided it remains below the 28325.00 level.
The expected trading range for today is between the support 26600.00 and the resistance 27500.00
It seems like the time for day trading has begunHello?
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-------------------------------------
(BTCUSDT chart)
The most important support and resistance points at this point are those that have maintained support and resistance points to this point.
Therefore, the chart was changed to display only the corresponding points.
Previous support and resistance points can be used as split trading points during trading, so you should always view the chart in full view.
(1M charts)
On the 1M chart, the 28465.36 point is the nearby support and resistance point.
Therefore, if the decline continues, caution is required as support and resistance points are weak.
Since the trend has not yet changed, a reversal is expected unless it enters a downward channel.
(1W chart)
A sideways move around the current point is expected to create a new trend.
If a new trend is created, you need to follow that trend upward and see if you can break the blue trend line upwards.
If the blue trend line is not broken, the trend is expected to eventually turn downward.
(1D chart)
BTC rose around 16590.54, rising by more than 83%, and is now undergoing a correction.
Accordingly, the key is whether it can be supported and rise from its current position, that is, around 26K.
If not, you should check for support around 22K.
The current correction may be viewed as a downtrend, but it will take half a year for it to turn into a true downtrend.
If this rebound does not rise above 28797.1, it is expected to be an opportunity for a downward trend, so caution is needed at that time.
It is currently located in an important support and resistance area.
This important support and resistance area will serve to increase buying momentum.
This shows that the time to take profits is not yet over.
This phenomenon is expected to become stronger as BTC falls towards 22K.
Therefore, I think we have entered a good time to conduct day trading, as prices can surge at any time.
While conducting day trading, you should not even think about converting it into mid- to long-term trading.
The trading period must be short, and a strategy of selling when profits are needed is required.
---------------------------------------
(BTCKRW chart)
The key is whether the price can be maintained by rising above the HA-Low indicator (35557000) on the 1D chart.
If not, you need to check if there is support around 3451000.
If it falls below 3451000, caution is required because the distance to the next support range is long.
--------------------------------------------------
- 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.
---------------------------------
Bitcoin seems to have started an interesting story with a sweet Bitcoin seems to have started an interesting story with a sweet ending. This suggests that there are forces behind the scenes that are deliberately creating these games. In any case, the analysis of Bitcoin shows that there are gaps that Bitcoin is filling, and the closest one has started a decline. That decline is a gap around the price of $19,592, after which we will have a sharp decline. However, this is a definite and undeniable fact, but I do not know if Bitcoin's path will suddenly change and rise now. I only know that if the decline continues in this way, the first point that can be touched will be $19,592.
Don't worry, we're still on an uptrend in the long run!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome to this chart, Do not consider financial advice.
BTC is breaking through the 26700 support and the MA-200, producing a strong bearish momentum, but it is not breaking through the bullish channel. In terms of the global picture, the price remains on the rise.
Take note of the weekly chart to the left. Price is gaining pace and making a strong distributive move into the significant support level of 25000. The level is crucial to us since it includes two confirmations, one from the seller and one from the customer. I believe that another retest, particularly following the distributive movement, will result in a reversal or, at the very least, a significant bullish reaction.
Traders are waiting for fundamental confirmation before taking action on cryptocurrency. At the moment, it is the SEC's approval of BTC-ETF futures applications. This will breathe new life into the market.
Most likely, this movement within the uptrend was initiated in order to purchase the asset at a cheaper price before continuing rapid rise.
Moving averages are functioning as a barrier. The market is in a period of correction.
Levels of support: 25000, 24819
Levels of resistance: 26707, 28474, 30575
The market is in a positive trend, and a correction within the upward channel on the garfish is building, which may conclude near support.
Levels of support: 25000, 24819
Levels of resistance: 26707, 28474, 30575
The market is in a positive trend, and a correction within the upward channel on the garfish is building, which may conclude near support.
This chart is likely to help you make better trade decisions if it does consider upvoting it.
I would also love to know your charts and views in the comment section.
Thank you
Start of volatility period: Expected to last until around 11thHello?
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-------------------------------------
(BTCUSDT chart)
I think the volatility period starts around September 1st (August 31st - September 2nd).
However, I was quite curious to see what it would look like when it rose on August 29th and the volatility period began.
I didn't know that I would get back to my original state like this.
Returning to the previous content, I said that it is important to be able to receive support and rise around 26054.0-26189.99.
Currently, the HA-Low indicator on the 1D chart has been created within the 26054.0-26189.99 range.
Therefore, the 26054.0-26189.99 section has formed a stronger support and resistance section than before.
It currently appears to have fallen below the 26054.0-26189.99 range.
Therefore, further increases can be expected only if the price quickly rises to the 26054.0-26189.99 range or rises higher and maintains the price.
This period of volatility is expected to begin around September 1st and end around the 11th.
What matters during this period of volatility is whether we can rise to around 28465.36.
If not, it is expected to renew the previous latest low.
Accordingly, there is a high possibility that it will fall below 24800.0.
There is no need to trade during periods of volatility.
This is because the volatility period is such a difficult period to predict.
Therefore, during a period of volatility, you need to check at which point or section you receive support or resistance and think about how to start trading when the volatility period ends.
There are many cases of sideways movements during periods of volatility.
If sideways moves like this, there is a possibility that the extremely boring market will continue for quite a long time (at least 12-15 days), so this should also be taken into consideration.
(USDT 1D chart)
You should pay close attention to see if the shape of the current candle becomes smaller like the shape of the previous candle and the gap continues to rise from the moment of movement.
If this is not the case and the size of the candle remains as large as it is now, it means that the profit realization period has not yet ended.
The timing of profit realization is essential for greater gains.
Therefore, if you complete this profit realization period well, you will be able to earn large profits in the future beyond your losses.
Below BTC 29K, i.e. below 28465.36-28923.63, is the time to focus on BTC or ETH.
Therefore, for altcoins that you plan to invest in for the mid to long term, you need to complete the first purchase and focus on BTC or ETH to increase the number of coins you own.
Secondary purchases of altcoins are in the 32K-43K range, but full-scale purchases of all coins (tokens) are expected to begin when support is confirmed by the HA-High indicator of the 1M chart or above 43K.
---------------------------------------
(BTCKRW chart)
We need to check whether it can receive support around 35557000 and rise above 36337000.
If it falls below 35092000, there is a possibility that it will renew the previous low.
Therefore, we need to check if support is found around 32042000.
(1D chart)
--------------------------------------------------
- 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.
** The trading volume indicator is displayed as a candle body based on 10EMA.
Display method (in order of boldest)
More than 3x 10EMA trading volume > 2.5x > 2.0x > 1.25x > trading volume below 10EMA
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
---------------------------------
Bitcoin Analyze🗺️(15-Min)Hi everyone👋.
🌐After the SEC announced the delay in the review of the Bitcoin ETFs yesterday, the market started to fall again; maybe this fall is a prelude to September , which has mostly been a bearish month in these years.
🌊According to the theory of Elliott waves , it seems that Bitcoin is going to complete its corrective waves today.
🌊The structure of the first corrective wave was the Leading Diagonal .
🔔I expect the corrective waves to last at least as far as the 🎯 target 🎯 I have marked on the chart.
--------------------------------------------------------------------------------
🌐➕ Positive News ➕🌐:
Dogecoin and Bitcoin Get Boost from Robinhood.
Bitcoin ETFs have 75% chance of approval this year: Bloomberg analysts.
Bitcoin Holdings on Crypto Exchanges Dwindle to 2M, Fewest Since January 2018.
🌐➖ Negative News ➖🌐:
Crypto Exchanges Bybit and Okx Drop Cards of Sanctioned Russian Banks.
SEC delays decisions on bitcoin ETFs from firms including BlackRock and Fidelity.
SEC Postpones Verdict on 7 Spot Bitcoin ETF Applications.
Bitwise withdraws Bitcoin and Ether Market Cap ETF application.
--------------------------------------------------------------------------------
Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
🚀Bitcoin Ready to Rise Again (short-term)🚀💡 After Grayscale Emerges Victorious Against SEC in ETF Case , Bitcoin was able to break the 🔴 Resistance Zone($27,000-$26,350) 🔴.
❓The question here is, will Bitcoin find an upward trend❗️❓
🌊Let's look at the movements of Bitcoin in terms of Elliott Wave theory .
🌊In my opinion, Bitcoin is still in corrective waves after yesterday's rise, so that it is currently completing microwave 4 of microwave C of the main wave 4 .
🌊The correction structure of wave 4 is a Zigzag correction type(ABC/5-3-5) .
🌊Microwave 4 of microwave C of the main wave 4 can be considered as a pull back to the broken 🔴 Resistance Zone($27,000-$26,350) 🔴.
🔔I expect microwave 4 of microwave C of the main wave 4 to end at 🟡 Price Reversal Zone(PRZ) 🟡 and Bitcoin to start rising again (the main wave 4 🎯target🎯 could be near the Resistance Line ).
--------------------------------------------------------------------------------
🌐➕ Positive News ➕🌐:
🔥Breaking: Bitcoin Price Surges as Grayscale Emerges Victorious Against SEC in ETF Case.🔥
Bitcoin (BTC) HODL Metrics at Five-Year Highs.
Binance to serve Belgian users via Polish arm.
Jacobi spot Bitcoin ETF classed as ‘environmental investing’ by issuer.
Coinbase shares jump 14% amid market revelry over Grayscale win.
Binance launches Send Cash in Latin America.
Elon Musk’s X moves closer to crypto payments with new state license.
🌐➖ Negative News ➖🌐:
16 Bitcoin mining companies have $4.47 billion in losses in a year.
Binance considers a full exit from Russia: WSJ
--------------------------------------------------------------------------------
Bitcoin Analyze ( BTCUSDT ), 4-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Increased likelihood of short-term surges occurringHello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(BTCKRW chart)
To check the upward momentum we look at volume.
However, in order to check the power of the market itself, you need to look at the size of the funds and how they are flowing.
In that sense, I think the movements of USDT and USDC charts provide us with important information.
The BTCKRW chart is slightly different from the BTCUSDT chart.
On the BTCUSDT chart, the StochRSI indicator is about to enter the overbought zone, and on the BTCKRW chart, it is located near the 50 point.
Therefore, if the selling pressure does not increase, it is expected to rise further.
(BTCUSDT 1D chart)
At this time, the important thing is whether the price is maintained around 27262.84 on the BTCUSDT chart.
Binance exchange is a large exchange where many transactions take place.
However, large selling or buying trends begin on small exchanges.
--------------------------------------------------
- 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 descriptions are for reference only and do not guarantee profit or loss in investment.
** The trading volume indicator is displayed as a candle body based on 10EMA.
Display method (in order of boldest)
More than 3x 10EMA trading volume > 2.5x > 2.0x > 1.25x > trading volume below 10EMA
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
---------------------------------
Where can we Buy Bitcoin for the long term❗️❓👋Hi everyone( Reading time less than 3 minutes⏰ ).
✅As I expected in previous posts, Bitcoin started to decline from above the Descending Channel .
🎯Today, I want to introduce you to the 🟡 Price Zone 🟡 that you can buy in this zone if you are looking to buy Bitcoin for the Long Term .
💡I used some indicators to find the 🟡 Right Price Zone 🟡 to buy Bitcoin.
🥇After we confirm the Major Pivot above the descending channel, we can count on the Fibonacci levels . One of the best Fibonacci levels is 61.8% (Golden level).
📶Before using any indicator, check if this indicator has worked well before. I used the Pivots Fibonacci Triyearly indicator in this analysis, and If you look carefully at the chart, Triyearly Pivot Point has worked well before.
🧷Another thing you should know is that Bitcoin has filled more than 90% of its Gaps so far; Bitcoin seems to fill the🔵 Lower CME Gap 🔵 first. (📚 As trading resumes on CME on Monday, there is a gap between the closing price on Friday and the opening price on Monday, which is effectively named “CME gaps” by the crypto community. Since its launch in 2017, CME Bitcoin futures have been creating gaps on the weekends.📚 )
🔔As a result, I expect Bitcoin to start rallying from the 🟡 Price Reversal Zone($22,000-$19,500) 🟡 and rise by 🚀140%🚀 at least a month or two after the 2024 Halving .
Bitcoin Analyze ( BTCUSDT ), Weekly time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
The period of profit realization is not over yethello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(BTCUSDT chart)
(1M chart)
The MS-Signal indicator has yet to turn into a bullish sign.
Therefore, the key is whether the price can be maintained by rising above the volume profile of 28465.36-28923.63.
(1W chart)
The question is whether it can maintain its value above the MS-Signal indicator and 150EMA.
When the StochRSI indicator breaks out of the oversold zone, it is necessary to check at which point it is receiving support and resistance.
(1D chart)
It will be a question of whether the price can hold above 27262.84 and break above the important indicator crossing the 27262.84-28465.36 area.
If it rises above 28465.36-28923.63, it can be considered to have succeeded in breaking through upward.
The StochRSI indicator has entered the overbought zone.
Therefore, when it breaks out of the overbought zone, it is expected that it will turn into an uptrend only when it shows support around 27262.84.
The start of the volatility period I would expect is around September 1st.
Therefore, it is expected that we will know whether or not the current uptrend can be maintained through the volatility period that will begin this time.
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(USDC 1D chart)
It is unknown whether the movement of the candlestick after a long time is due to the power of USDC, but it can be interpreted as evidence that funds inflow through USDC have generated many transactions.
If USDC does not rise above 26.525B due to the gap increase, the impact of USDC on the coin market is not expected to be very large.
However, USDC's upward trend can play a role in coupling with the stock market, so it can show the same movement as the index chart of the stock market.
(USDT 1D chart)
There is no gap uptrend yet and we are only making the candlestick larger.
The size of the candlestick can be interpreted as evidence that a large number of transactions are being made with funds that have flowed into the current coin market.
Therefore, it cannot be said that the period of profit realization is over yet.
This is because when the profit taking period ends, the size of the candlestick is expected to be expressed as small as before.
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Turning to an uptrend depends on how well the stock holds up against rising prices.
Therefore, the key is whether the price can be maintained until the MS-Signal indicator converts to an upward trend in the 27262.84-28465.36 section and rises.
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(BTCKRW chart)
(1D chart)
The question is whether it can rise above 38319000 while maintaining the price above the MS-Singal indicator.
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- big picture
A full-fledged uptrend is expected to start when it rises above 29K.
81K-95K is the range we expect to touch in the next bull market.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** The trading volume indicator is displayed as a candle body based on 10EMA.
Display method (in order of boldest)
More than 3x 10EMA trading volume > 2.5x > 2.0x > 1.25x > trading volume below 10EMA
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
---------------------------------
BTCUSDT heading fro hourly support, likely to bounce from thereTwo trade ideas here for this. One short and then the other long. The price is rejected from 4h resistance 4HR1 and currently pulling back. I think the price is heading for hourly support HS1. Once the price reaches there, it is likely to bounce from there providing an entry for long trade.
Short Entry for Bitcoin near-termFire at will!
Bitcoin broke a short-term consolidation to the upside
Strong resistance ahead from a previous channel breakdown
Current price action is likely a short-squeeze
CME Gap at $28,500
We can short within the target box at $27,800 - $28,500
TP1 at $24,300
TP2 at $23,200
Please ensure risk management and stop-loss (trailing $29,100 , $29,600 , $30,200)
Happy Sniping!
Bitcoin Analyze!!!🗺️(1-hour)💡Bitcoin is moving near the upper 🟡 Price Reversal Zone(PRZ) 🟡 and the 100-SMA .
🌊According to the theory of Elliott waves , Bitcoin is completing corrective waves, so it seems that wave B in 🟡 PRZ 🟡 has ended.
🌊A sign of the completion of wave B can be the 🌠Evening Star Candlestick Pattern🌠 in the 🟡 PRZ 🟡.
🔔I expect wave C to finish at one of the lower 🟡 PRZs 🟡.
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🌐➕ Positive News ➕🌐:
Exodus Of 30,000 BTC To Cold Wallets Spells Good News For Bitcoin Price.
Bitcoin supply on exchanges falls to the lowest level in nearly 6 years.
Bitcoin supply on exchanges falls to the lowest level in nearly 6 years.
🌐➖ Negative News ➖🌐:
Binance Revamps Zero-Fee Bitcoin Trading, Raising Market Concerns.
Binance Suspends P2P Transactions in Russia After Lapse Sanctions Enforcement Scrutiny.
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Bitcoin Analyze ( BTCUSDT ), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Whether it can rise above 26400.59 is the keyHello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(BTCUSDT chart)
Since it fell in an important area, there is a possibility that the downtrend will continue to the area where it can be supported.
Accordingly, it is important to see if the price can sustain a rise above 26400.59.
The next period of volatility starts around September 1st.
So, until then, we need to see if we can keep the price around 26054.0-26189.99.
It has now been 4 days since I touched the HA-Low indicator on the 1D chart.
So, volatility is likely this week.
(1D chart)
Updating the latest prior low, I would expect a decline below 24800.0.
If it doesn't show support after making a new low, I would expect a decline below 22963.0.
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Below BTC 29K I think it's time to focus on BTC or ETH.
Therefore, I think it is good to proceed with buying at a certain rate whenever it shows sideways.
The sideways period must last at least 5 days.
Coins purchased in this way
1st : 28465.36-28923.63
2nd: 31801.04
It is recommended to split and sell when resistance is confirmed near the 1st and 2nd above.
Partial sales must be carried out in such a way that the number of coins corresponding to the profit is left by selling about the original amount of the purchase.
Earning cash returns is important, but increasing the number of BTC or ETH holdings is likely to provide you with opportunities to become rich in the future.
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(BTCKRW chart)
It is necessary to check which direction it deviate from the 35092000-36337000 section.
A break below 35092000 is expected to create a new HA-High indicator on the 1D chart.
At that time, it is important to be supported near the HA-High indicator.
A decline without support on the HA-High indicator is likely to renew the previous latest low.
Accordingly, we need to make sure that there is support around 32042000.
(1D chart)
The 32042000 point is an important volume profile section, and when it falls to this area, there is a possibility that it will lead to further decline if there is no support accompanied by a large trading volume.
At this time, you need to make sure that it is supported around 26003000-28390000.
--------------------------------------------------
- big picture
A full-fledged uptrend is expected to start when it rises above 29K.
81K-95K is the range we expect to touch in the next bull market.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** The trading volume indicator is displayed as a candle body based on 10EMA.
Display method (in order of boldest)
More than 3x 10EMA trading volume > 2.5x > 2.0x > 1.25x > trading volume below 10EMA
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
---------------------------------
Bitcoin is getting Ready to Break the 🟢Support Zone🟢(15Min)💡After coming below the Resistance Line , Bitcoin violated the scenario of re-attacking the 🔴 Resistance Zone($26,980-$26,350) 🔴.
📎Bitcoin has formed a Descending Channel in the last few hours.
🌊In terms of the structure of Elliott waves , Bitcoin is completing its 5 descending waves inside the descending channel so that the 3rd wave was completed in the lower line of the descending channel.
🌊Bitcoin is currently completing wave 4 .
🌊Most likely, wave 4 will be completed in 🟡 Price Reversal Zone(PRZ) 🟡.
🔔I expect wave 5 to be completed below the 🟢 support zone($25,870-$25,720) 🟢.
📚 Educational Tip : When wave is extended, wave 1 and wave 5 tend toward size equality ( 100% ) or 61.8% relation.
📚 Educational Tip : Since the structure of wave 2 was simple ( Zigzag ), we can expect the structure of waves in wave 4 to be Complex or Triangle (time break).
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🌐➕ Positive News ➕🌐:
Whales and Sharks Accumulated $300 Million in BTC Since the Mid-August Crypto Crash.
Bitcoin (BTC) Should Hit $135,000 After Halving, Says Pantera Capital.
Bitfinex Turkey offers zero-cost deposits via local banking giant.
Ripple Emerges Among Top 100 Companies That Care About Employees.
🌐➖ Negative News ➖🌐:
Bitcoin (BTC) Will Crash Like the Stock Market in 1930, Bloomberg Analyst Predicts.
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Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.