BTCUSDT to head at least to 30836 from daily supportThe price will retrace to a level around the start of the daily support zone and will bounce back. A long will be favorable from that area around 30236. The preliminary target for this long should be 30836 but it may go higher. But for now lets focus on this 30836 level. Will hold or close depending on how the price reaches there.
Btcusdtrade
BTCUSDT 4H tf UPDATE & NEXT EXPECTED MOVEbtc currently trade at 29900$.
overall we are waiting for cpi date results.
if cpi date come positive then possible we btc price at 32000$-35000$ in comming days.
so if cpi data come positive and bitcoin touch its local support area 28500$ before cpi data then we open position in longs... and our sell targets we set around 30k$-32k$.
if cpi date come negative then possible we see btc price at 26500$ in comming daye.
on 4h tf indicators : rsi & macd looks bearish but on daily tf btc still looks strong.
follow me for more updates.
BTCUSDT - The long position scenario is completed 30000$ DONEI am currently looking for a corrective short entry point to update 29100 - 27180 - 26020 - 25300
For now, I will stick to my scenario that I described long before it happened!
I hope my trading charts benefit you as well as my positions on this platform.
My long position is still open and I plan to close it when the price reaches 30800 as shown on the trading chart. My short position is open as well, now a hedge position is created to protect myself from a possible stop loss. I hope you understand what I mean
BTCUSDT - will there be a breakdown of the 30000 level? - the script of the original events
btcusdt is near to complete its wave 4 shark pattern cbtcusdt is near to complete its wave 4 on weekly timeframe ,
we can short btcusdt 32700 or 32500
our stop loss must be 33k
and also price near to complete Shark patterns C area
otherside same area is our Elliot wave 4
Here are the key parameters of a Shark pattern:
There’s no specific place for A.
Point B is at the 113%-161.8% extension of XA.
Point C is at the 113% extension of 0X and at the 161.8%-224% extension of AB.
BTC Bitcoin Technical Analysis & Trade IdeaWelcome to this video, where we will be looking at BTC Bitcoin paired with the USD. Currently, we can see that it has traded up to a significant resistance level. Below this level, there is a price gap and sell-side liquidity in the form of stop losses, which could attract bigger players. Throughout the video, we will analyse the trend, price action, market structure, price gaps, and touch on a potential trade opportunity. It is important to note that everything discussed in the video is solely for educational purposes and should not be interpreted as financial advice.
BTCUSD.....4h= Analysis of Bitcoin against the US dollar on the 4-hour chart
= The analysis is based on trend analysis and Dow and Wyckoff laws
= Bitcoin is currently invalid as long as it is in the horizontal path in the red area
= It becomes for buying if the red area is crossed upwards, and it becomes for sale if the red area is crossed downwards
= Relegation is a re-test
BTC: Is it about to start a decline?
After a long period of fluctuation, the market has finally started to experience a downward adjustment. If you have a short position, you can now breathe a sigh of relief. My personal recommendation is to take advantage of this opportunity to reduce your position on dips.
As for long positions, we can start building positions now. The key support level is at 25K. Conservative traders can wait for the market to adjust to around 25-25.5K before entering the market, while those with large funds and aggressive strategies can directly buy on dips below 27K. Control your position size and aim for a breakout above 30K. I will continue to update my views and strategies on Bitcoin.
I have already started a million-dollar challenge, where I will operate an account and aim to earn a profit of 10 million within a month. A viewing account will be provided to allow everyone to experience how large capital positions can generate profits in the market. Let's witness it together!
BTC, Laught now, Cry laterBTC last correction is ending, next is heading to negative value
As we can see, comparing to oil chart during the covid crash, when in extreme market conditions, too much "dumb money" on same side, sharks take use of that to make big money while all the dumb money bets on the same side.
100k+ calls are a good example of the dumb money here in this market conditions when DXY is preparing a next leg to the upside.
I expect same conditions as it happened on oil during 2020, more the price falls, more longs will be added to the market, market will get irrational and drop as much as it needs to get all longs out, bellow 0 is a good number to get everyone out of longs
A good trade now, a short at any price, SL placed above 30k
And TP bellow 10k
Check previous charts as I predicted euro crash before it happened as well during 2021
Million challenge: Buy BTC @27K
In the short term, the rise of Bitcoin has been hindered and there has been a slight correction as the upward pressure is capped at 28,500. It has been emphasized in previous articles that 25K has become a short-term bottom, and the operation still considers buying on dips as the main strategy, with a target of 30K in mind.
I have already started a million-dollar challenge, where I will operate an account and aim to earn a profit of 10 million within a month. A viewing account will be provided to allow everyone to experience how large capital positions can generate profits in the market. Let's witness it together!
BTC BTC and every crypto, stock, or forex pair you will see just constantly repeats itself.
All of these similarities are simply undeniable. If you dont trust yourself, you can at least trust recent data and evidence.
All the algorithms stay the same, the structures are coded into the market before they occur. Their algorithms only work if they are consistent (repetitive).
The best strategy to follow at the momentThere are two major supports on the weekly chart
-The first: 0.382 FIB, which is at $27,000
-The second: 200MA, which is located at $25,400
- If we maintain the first support (27k), I will activate the strategy of (70%-30%)
meaning...
I will insert 70% of the wallet into btc, eth via DCA...The remaining 30% I will keep for emergencies and crises
-But if we cannot maintain it, we will quickly move to 25k support
- For 25k support
-If we maintain it, I will activate the (70%-30%) strategy as well
-But if we break it and trade below it, this means that all the previous pump was just manipulation, and then I will change that strategy and I will update it here
The possibility of bitcoin falling to the k21-18k level is still there, and if the economic recession in the USA is confirmed, a new bottom will be formed.