Get started

Falling Wedge

BTC Wyckoff accumulation phase before new Rally ! BTCUSD BTCUSDTHi dear community and the best followers. I hope you are fine. I appreciate your support, likes and comments. Today I'm looking at 3d chart of BTCUSD. As you know since 18 June 2022, I have been posting BTC bottomed and it is preparing for new Rally /new ATH/ before new recession and Fed Pivot starts. I expect new ATH by Q2-Q3 in 2023. If you check my other analyses bellow related ideas, you will understand why I think so. So as you see, I have drown BTC Wyckoff accumulation phase and think when BTC broke 28-30K one of the major support zone/Preliminary support/and dumped to 17.5K in June 2022, that was selling climax with huge increasing volume + smart money huge buy, that point I called the real bottom of BTC bear market based on my analyses and history data/you can check them bellow/. Then BTC did automatic rally, and dropped again to the same support zone making secondary test. The recent dump which I called fake breakdown/bear trap/ with double bottom+ RSI bullish divergence is a spring of Wyckoff phase like 2021 November top, which was a fake breakout/ bull trap/ with double top+ RSI bear divergence. At the moment I expect test of 16-16.5K then pump to 18.5-19K then 21-22K > 24-26K > 28-30K but of course with pullbacks making HH and HL. Please don't forget to follow me. I will appreciate any single follow, like and comment. Thanks in advance.
BITSTAMP:BTCUSDLong
by ergal91
7
OIL to 62! This has never happened in history! USOIL is breaking down! The trendline from 2020 has been destroyed by the bulls recently, and we can free fall to 61.76 without any problems. On the monthly chart, you can see a falling wedge, and all patterns should be retested. This is a chance to retest the wedge on the breakout point at 61.76 or even lower at the trendline. This chart is totally brutal, and I am very happy to see such huge volatility. What goes up should come down in the same way. Oil was traded at negative levels in 2020, which has never happened before in history. Why did it crash? There are a lot of speculations. For example, they wanted to wipe out all the long positions on the futures market, so it was a huge manipulation. Why not? Tell me in the comment section right now! The breakout point of the trendline + the POC of the previous structure + double bottom + high liquidity zone make 61.76 a strong resistance. No one is providing you with such a strong and detailed analysis as me. Don't forget to share this analysis! If you do not buy oil at 61.76, then I am not saying anything! There are lots of stop-loss orders below this swing low that need to be taken. If we take a look at the recent 2 monthly candles, we can see "shooting star" + "bearish engulfing" candles. This combination is extremely bearish; the likelihood of further decline is high. Check out my related ideas about GOLD and EURUSD in the related section down below! It is critical; you must see it! For more ideas, hit "Like" and "Follow"!
TVC:USOILShort
by UnknownUnicorn2537518
44
BTC Elliott wave count!!! 5th wave is coming. BTCUSD BTCUSDTHi dear community and my lovely followers. Today I'm looking at weekly timeframe and want to count Elliott wave from 2018 bear market bottom to the current price. As you see, I think the correction started from 2021 November is a wave 4, which consists of ABC corrections). At the moment BTC is going to complete 5 sub wave of C wave or it has already completed . BTW 4 wave can't go bellow wave 1/14,000$/: That's way I posted in my previous analyses that I think the recent dump was a bear trap/fake breakdown/ with double bottom formation + RSI bullish divergence. And mentioned my worst case scenario is 13.7-14K but more likely 5th wave starts from current point, coz BTC always surprises everybody and now almost 99% expect lower prices as 12-14K or even lower 8-10K like they were waiting 100K+ in November 2021))). Besides if you check bellow related ideas, you will find more than 20 analyses which proves BTC bottomed at 17.5K in June 2022 and it was real bottom based on my TA and history data. If you like my ideas, don't forget to follow me for further updates and ideas. I will appreciate any single follow. Thanks in advance.
BITSTAMP:BTCUSDLong
by ergal91
SHORT TO LONG TO SHORT :) A nice example of connecting patterns on different sized candles On the 4H candles we can observe a triangle, after breaking through which we started to form a falling wedge on a smaller timeframe (15m). While the wedge was broken, a lesser-known dragon pattern was formed (I'm just starting to study it .. thanks to @sylviasylvia .. ) whose last target is located on the retest of the triangle, where there should be a second chance to enter the short .. BINANCE:1INCHUSDT
Short
by Chlvx187808
BTC Build Up!BYBIT:BTCUSDT.P BTC is at support of the larger yellow falling wedge. In the smaller white channel, BTC has a build up. Look for break and retest for upside to 18,200 - 19,300. Possible entries via lower time frame (1h Pennant). Remember it's the weekend, so volume is usually low. If you liked this idea or if you have your own opinion about it, write in the comments. The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.
Long
by imr4nkh8n
BYBIT CEO believes Bitcoin will fall below $10,000 USD!  I agree with Ben Zhou on his opinion about 4-digit Bitcoin! He thinks that we are probably going to see more bombs coming in the next few months (liquidations of exchanges, coins, or other big players). The CEO of Bybit has a lot of insider information about traders on his exchange. For example, he can see where the liquidity is and where people have their stop-loss orders. "Everything in crypto happens very fast; I believe a 6-month or so of this downtrend before an uptrend again," he said in his next statement. What do you think about it? Do you agree with Ben or not? Let me know in the comment section right now! You can watch a full interview with Ben Zhou on the Moon YouTube channel if you are interested in his thoughts. From my perspective, there are no signs of a trend reversal. As you can see on the chart, Bitcoin is pretty much drowning. I believe the bottom of Bitcoin will be between 6500 and 10300 USD! For more ideas, hit "Like" and "Follow"! Bybit is currently the #2 exchange on CoinMarketCap in the section "Derivatives."
Short
by UnknownUnicorn2537518
64
XRP - When moon? I'll tell you when... I will tell you, when the moon is for XRP, but first, let's take a look at the technical analysis. On the chart, you can see two major downtrending trendlines, and the price is below them. The bears are in full control, and I cannot be bullish at this point. The previous uptrend from June 13 to September 19 was a 3-wave structure (ABC). This suggests a corrective counter-move in the main direction of the trend. The trend is indeed bearish. I want to see an impulsive structure before even considering becoming a bull on XRP. What's more, the price is printing a head and shoulders pattern, and the price is currently forming the left shoulder.  Basically, it's a shorting opportunity if you want to catch the local top. Or wait for a breakout below the neckline for a confirmation. Your profit target is at the bottom of the parallel channel on the LOG scale. XRP can drop by another 50% or 80% to 0.1 USDT next year. It's very likely, in my opinion. If we take a look at the MACD indicator, we can see that the bulls are losing steam on the histogram, and the bearish crossover can occur very soon! So when moon for XRP? There is no indication from whales that they are buying XRP at this moment. It looks like they want to buy cheaper XRP at 0.1 USD. I think XRP can moon next year in 2023, it's possible, why not. Happy trading!
Short
by UnknownUnicorn2537518
73
Nov2022 - BTC (3D) - Next Peak $200-250k by 2025 + Risk FactorsDear anons, Provided another longterm projections based on past BTC peaks, dated back to 2017 & 2021, respectively. 💡Summary: NEXT PEAK > time target: mid/Dec 2024 > price target: $200k, 220k, 250k **factors affecting targets marked on-chart .. 💬 Extra Note: with various forms of hidden/blatant power wrestles ongoing btw China & US dat includes COVID plandemic aka engineered supply shock & globe-wide inflation Fed rate hikes aka exporting inflation everywhere else by weaponizing Dollar Ukraine war aka engineered gas & food inflation China zero-covid lockdowns aka weaponizing supply chain who knows wats next... Taiwan? CBDC's? Plandemic 2.0? based on above ongoing or potential macro developments, we're likely to overshoot on next peak target, with high certainty. think: $250k in REAL terms w depreciating dollar... ;p See you in 2025! cheers~ 🥂🔥
BITFINEX:BTCUSDLong
by jeanne_k
1
DUSK/USDT LONG SCALP SETUP!!Hello everyone, if you like the idea, do not forget to support it with a like and follow. Welcome to this DUSK/USDT trade update. DUSK looks bullish here. Breaks out from the falling wedge-like structure in 4hr time frame and currently looks like it is going for a retest. Long some here and add more at the retest level. Entry zone:- $0.087-$0.089 TP1:- $0.092 TP2:- $).096 TP3:- $0.100 TP4:- $0.105 SL:- $0.0845 Leverage:- 10x If you like this idea then do support it with like and follow. Also, share your views in the comment section. Thank You!
Long
by CoreCrypto1
11
LINKUSDT Falling WedgeOn the 4 hourly chart there is a huge falling wedge on Link but also had a contraction and expansion. A breakout could be due soon, but the overall sentiment right now in crypto isn't the best and it had a violent pump right above the 6.1 USDT value line (LINK). and is struggling on resistance right now, personally, I'm keeping Link in mind as a swing trade. I think that LINK can test the support zone of 5.67 - 5.926 one more time and get a tighter range before breaking out
Long
by Traders_Endeavors
1