Btcusdtperplong
BTC & ETH Comparison where the rally will stop ?Hello Everyone,
Welcome Back, Well We anticipated the region for Ethereum to short around 1350 1370 but now as per the Footprints and Positive Delta,
we come to know that Ethereum might stay in this range and try to flip it into support for further continuation towards 1500$
having said that there is high possibilities that BTC might do the same as Ethereum did.
So far so good no sign of weakness has been spotted in both charts, so becarefull while you shorting an uptrend
patience is the name of the game
Disclaimer :
All information is only for educational and entertainment purpose , do paper trades only.
BTCUSDT - Long entry @ 41600 (pending)BTCUSDT managed to pierce and pullback the 50% fib yesterday.
We need to close above that level to be more confident on the new uptrend.
The price went very close to triggering our buy with a high of 41555(pending buy @ 41600).
I expect a further move above the 50% fib.
Downside risks
S1 @ 40600
S2 @ 40000
S3 @ 39200 current bottom level
Upside resistance
R1 @ 42600 (50 ema)
R2 @ 42800 (61.8% fib)
R3 @ 43200 (100 ema)
R4 @ 44600 (200 ema)
Bitcoin Scalp 100x Edition. 15 MIN The market makers have lulled you into going short as the built there longs. Now they are ready - What does this mean'
Hand me MY Lightsaber
Take Profit 1 42203
Take Profit 2 42316
Take Profit 3 42379
Take Profit 4 42449
Take profit 5 42678
Take Profit 6- 42733
Leverage 100x :)
Stop Loss 41500
Entry Market
BTCUSDT READY FOR REBOUND ?As you can see, that btc is currently in a period of correction.
In my plan that I made BTC will rebound from the 56,000 $ until 57,000 $ with the worst possible scenario at 54.000$ level
It can be seen that the RSI has also shown oversold,
In the eliiot wave analysis it is also seen that BTC is now in its correction phase of wave 4 and price had respected in fibonacci 0.5
The pitchfork also shows that it is approaching the bottom area of the pitchfork.
I'm sure that under the current conditions everyone is in an unnatural fear that bitcoin will suffer a deep enough decline
For me this is a psychological war with the bookies that they want us on takeprofit and cutloss
And then boom, Whales enter to market and as always like previously, retail always lags
So, Is this a sign that BTC will soon complete its correction?
Share your view with me
#NotFinancial Advice