📈✌BTC 4H Long & Short Positions✌📉BINANCE:BTCUSDT
COINBASE:BTCUSD
Hi traders, first look at my previous analysis and positions on ETHUSDT & BTCUSDT.
Right now, the price is stuck between two important levels and it may rise and then fall again.
first, it can reach to 20157 level and then start falling again to lower levels.
Just don't forget to risk-free your position when it reached the first take-profit
TP1-2 are in green ==> for long position.
TP1-2-3 are in red ==> for short position.
The optimum stop-loss for each position is on the chart.
Please share ideas and leave a comment,
let me know what you think.
CrazyS✌
Btcusdtshort
BTC UPDATE 2#BTC UPDATE 2 :
In 1D TF already aware about CPR Indicator, The Price of bitcoin is still below CPR lines and these CPR lines are very very important lines of resistance so we have given update if the price of Bitcoin wants to show an actual movement upside first we have to overcome the upcycle between 20800 to 22000 range only after flipping that radiations into support only about that impulse movement towards monthly R1 line which is around 23600 area but as long as we are going to remain below CPR Lines could trigger downward direction because already updated in BTC UPDATE 1 worst case scenario, If we look price action of CPR line S1 around 17900, S2 around 15900, S3 around 12300 area so that is worst case scenario could be on the line but for that we still have a lot of time.
BTC to 10-12k Elliott waveI have been following this count since about 37k and its been playing pretty good so far. So if the High was the top, here are some most likely Elliott Wave targets combined with some market structure and vpvr confluence. The more waves that continue to be put in, the more precise the Elliott Wave projections. Please Boost and follow if this is helpful, Cheers!
📉✌BTC 15Min Quick Short Position✌📈BINANCE:BTCUSDT
COINBASE:BTCUSD
💥Three Drive pattern💥
between now and the yellow area, You can open a short position in two or three steps.
If the price falls and reaches the risk-free level, you can risk-free the position.
TP1-2 are on the chart.
The optimum stop-loss is above the determined line.
Please share ideas and leave a comment,
let me know what's your idea.
CrazyS
BITCOIN - Temporary reliefAfter yesterday's dip, the market enjoys a time of relief. However, we think the relief is temporary as there is no significant change in technical or fundamental factors. Therefore, with an unchanged bias on Bitcoin, we stick to the bearish outlook for the cryptocurrency with price targets at 17 500 USD and 15 000 USD.
Illustration 1.01
Yesterday, we stated the crossover between 20-day SMA and 50-day SMA was imminent. Later, the crossover occurred, serving as a bearish confirmation; now, ideally, we would like to see no whipsaws between two moving averages.
Technical analysis - daily time frame
RSI, MACD, Stochastic, DM+, and DM- are all bearish. Overall, the daily time frame is bearish.
Illustration 1.02
One development we pay attention to at the moment is the potential creation of a new downward-sloping channel on the daily chart. The upper bound is created by a trendline connecting peaks between the 15th and 26th of August 2022; the lower bound is parallel to the upper trendline starting from a low on the 19th of August 2022. If a breakout above the upper bound occurs, it will likely lead to the distortion of the pattern.
Technical analysis - weekly time frame
RSI, MACD, Stochastic, DM+, and DM- are all bearish. Overall, the weekly time frame is bearish.
Illustration 1.03
The hourly charts shows drying up liquidity.
Please feel free to express your ideas and thoughts in the comment section.
DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
#BTC MUST BOUNCE FROM HERE, IF NOT THEN BE READY FOR A DUMP!!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(Update)
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 UPDATE
If we look at the 4hour timeframe BTC is making this falling wedge pattern if it breakout this pattern with confirmation then according to the pattern it can pump up to 15%.
RSI is making this bullish divergence move
In case this pattern will invalid then it can drop up to the 18k as I mentioned in the last update.
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
BTCUSDT: Elliot waves 4hrFollowing the previous analysis, I imagine such a path for Bitcoin in the 4-hour period. It seems that the fifth wave moves similar to the first wave. And this view that you see next to the chart is taken from wave 1-1 of the first wave and the maximum value that Bitcoin can rise is the range of 21000.
BTCUSDT: Elliot Waves DailyHello to all friends. In Bitcoin, we see the wave trend in the form of a five-wave pattern (C). So far, 4 waves have been formed. And we are moving towards the fifth wave. Considering that the third wave is 1.272% of the first wave, I expect the fifth wave to be the same as the first wave and touch the ratio of 200%, which is equal to $10,900.
WIL BTC BE ABLE TO HOLD THIS SUPPORT!!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(Update)
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(Update)
BTC breakdown this bearish flag pattern in the daily time frame.
if it retests this pattern successfully then according to the pattern it can drop up to 42%.
In case a daily candle closes inside the flag pattern then the pattern will be invaded.
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
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
#BTC UPDATE 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(Update)
BTC is consolidating in an ascending triangle. As we are seeing strength from both bulls and bears and currently BTC is also trading above the point of control level.
This is a very crucial level and we've to wait for a breakout with a retest to confirm a bullish move, while a sustained breakdown of the POC level would target the horizontal 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
#BTC breakout this Descending Broadening Wedge!!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(Update)
Bitcoin breakout this Descending Broadening Wedge in 2hr timeframe.
We can expect a good rally from here but IMO never trust BTC in case of a breakout it’s always surprised us.
The majority of Traders/Influencers were Talking about 10k-12k-14k in case BTC did fake out this breakout.
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