VITE/BTC Looking 🔥 2000% PROFIT?!VITE/BTC
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Technically lying above strong support. RSI is in the oversold region. MACD is showing bullish momentum. It will pump hard from here. so now is the right time to build your position in it before breakout for massive profits😊
Targets: 142-185-240-300 satoshi
Dump
EGLDUSDT Bearish Cancelling EGLDUSDT long, this is what I call beartrap, they are forming a falling wedge on the 4hours timeframe and trying to make us forget that we recently have broke below a bullish flag, many people will try to long here meanwhile they are taking us to the double TOP on the retest of the breakout. We warned you first! ;)
Short SPX if it can not reach the endpoint of yesterdayThe most likely scenario is that we will se a gap towards the resistance and with it BTC will fall. Eventually, if we hold the blue line we can continue the trend to the upside. If we break through then we might see a very bearish market.
Do you think recession is in?
Bitcoin on the edge of a cliff!Retail trader are still not giving up their long position, every one wants a big part of the cake.
The market makers are holding their short position. Exchanges are waiting for the moment to dump all longs to liquidation. (watch Coinglass and check MDXalgo).
Volume is increasing, most of miners are taking profits, you can check this in famous mining stocks. $DXY is showing a potential double top, but is still not showing any weakness.
Anyways the indicators are showing us that we could prepare for another leg downwards. MACD is showing a potential overbought scenario and RSI is dumping.
Good luck, don't get rekt always play with stop loss.
BITCOIN MAY FALL TO 10K IN Q4 2022This is a follow up to my previous idea
I posted an idea a few months ago about how BTC likely won't go any higher than 200 DMA, and so far it has been following my outlook very closely.
Bitcoin bearish outlook using 2018 data.
I have been closely observing 2018 bear crypto bear market and have been studying it since last year.
There are quite a lot of similarities between 2022 bear market and the 2018 bear market. If you look at the charts, some of these are quite obvious such as
- Blow off top in Q4 2017/2021
- A little rally in spring 2018/2022
- Couple red months in a row in Q2/Q3 2018/2022
- Dead cat bounce in summer, green monthly candle in 2018/2022
So now we will look at what the BTC price action may look like if it continues to follow 2018.
- The next couple months, like Q4 2018, would see the bottom of this bear market and have prices get to levels that could take many people by surprise.
- November/December 2018 saw the market bottom out and gave a great opportunity of a life time, this may be the case again.
- Also there are more factors here than just following 2018, such as:
- More interest rate hikes
- Negative GDP
- Quantitative tightening
- Inflation continuing to get worse with soaring prices
- Another possible covid variant
- More countries have economic collapses
- Gigantic stock market crash, perhaps as much as 50% as per Michael Burry's outlook
- Traders and retail choosing to cash out to pay their loans to avoid higher interests, or to afford basic needs with higher prices
- People losing their jobs and more getting laid, having to take out their investments to support their families
I have only charted upto Jan 2024, simply because it may be a bit harder to predict what happens after. In 2020 we got the covid crash, odds of another unpredictable global pandemic in 2024 are very slim.
Also, the fed has mentioned that they could possibly start printing again as early as 2024, which also happens to be very close to the Bitcoin halving.
And since we are making this based on past BTC trends, the halving always happens to slowly kick off the next bull market.
To sum up:
A) Bitcoin may fall as low as sub $10,000 in Q4
B) Mini bull market in first half of 2023, similar to 2019
C) Resume bear market in second half of 2023, similar to 2019
D) Getting to end the bear market in early 2024 and starting the next big bull market, similar to 2020
BINANCE:BTCUSDT BITSTAMP:BTCUSD BINANCE:BTCUSDTPERP COINBASE:BTCUSD BINANCE:BTCUSD BINANCEUS:BTCUSD INDEX:BTCUSD BNC:BLX NASDAQ:BLX BITMEX:XBT FTX:BTCUSD FTX:BTCUSDT BYBIT:BTCUSDC BYBIT:BTCUSD KUCOIN:BTCUSDT BITFINEX:BTCUSD
Told YouHi everyone,
Lastly, I posted an idea about BTCUSDT, if you have been following me, as I explained the factors that will lead us to the next dump, which it did.
As we broke the last minor support, I think that right now we are just retesting it as a resistance; then, I think that we are going at least to the next support shown on the chart. Although, since we had a lot of volatility the last two weeks, I think the next short-term dump will be a bit slower than the ones we just had lately.
Therefore, I think that we are still bearish in the short term and are going to make new lower lows.
Please comment if you have any questions, I will try my best to answer them.
Thank you😊
BTC for the Downtrend BTC looking for a blood bath ?
9.15 am ( 5.30 + UTC ) BINANCE:BTCUSDT looks like for huge downtrend momentum with large volume portfolio. It s seems to gone around 18,500 - 19,000 range. Here is the one more confirmation thing to say ; 0.236 Fib Level available in around 18,500 - 18,900
*Let's see what will happen*
BITCOIN LONG!!📉Maybe Before a dump a small pump is to come, So to ensure safe and also a profitable trade this is the possible time where you can take a long position. Not much of a profit but maximum u can get in these smallest pumps too!...
Long Position Trade :
Entry Price - 21,500
Take Profit - 22,500
Stop Loss - 21,176 (Yeah I know pretty much a tight Stop loss, but it's nothing to worry but a safer trade)
⚠️NOT A FINANCIAL ADVICE
XRP LONG POSITION!!📉Well after the recent dump, the Support level that's actually so strong has held the price above it not a much but not from breaking it. Therefore if there's to be a pump I have market the entry point at around 0.3500 which is compromisingly safe and also profitable.
Long Position Trade :
Entry Point - 0.3500
Take Profit -
Stop Loss - 0.3430 (Yes it's a pretty tight stop loss, because we dont know if that small pump actually a fake, that will reverse by going down)
⚠️NOT A FINANCIAL ADVICE
Perfection for the FILFIL came out of the perfect accumulation area and made a very nice bonus. The range of 5.1-6.25 is an accumulation zone for the elephant that lasts for weeks, and support is very strong in this region as resistance. It can now create a new accumulation area for itself. The range of 6.25-8.5 may be the new accumulation range. However, 5.1 level, which is the strongest support in the 4-hour close below 6.25, will attract like a magnet. 6.25 is the most important level to follow whether it is broken or not.
#BTC LONG until Capitulation... MAX Pain event 🤮 Sept ENDGAME..Get everyone long then liquidate EVERYONE in Sept with a massive V shaped recovery & then off to Moon, Mars infinity & Beyond...
Old Fiat System is Toast...
HODLers of last resort will do far better than most trying to trade this event.
Good Luck & let's F Go...
Bitcoin is losing its bullish momentum.As you can see from the chart, the 3 recent tops Bitcoin had done were becoming weaker and weaker, meaning the uptrend is losing its power and is ready for a dump. To support the prediction, we can also see the volume is decreasing, hence the momentum loss. With the incoming recession, this means Bitcoin has still room for dumps.