RTM
Btc can get 8000!!!I can't have a long idea,and it's near a big short
It's my idea in group(m.a)and maybe false
BTC/USD Daily Timeframe - Maybe Quasimodo Level Hi Dears
Today let's analyze the bitcoin chart by RTM Method and in the daily timeframe.
If you look carefully to this chart, you can see the resistance level (SR Line) at around 21500 then the FTX news cause the market to fall sharply to around 15500. This level was broken on 17 Jan 2023 and the price bounced sharply. The FL is made and we can see that there is a pullback to this FL zone on 10 Feb 2023. This FL was Engulfed 3 days ago and the price returns to its uptrend.
The important thing is that the FL is engulfed clearly by the price so we have to take our bearish scenario.
Also the Quasimodo Pattern is creating and we have to wait for this pattern to be completed. we engulfed the bottom of the left shoulder and a head is seen. When the price reaches the Kink zone, we have to wait for trigger or signal bar. Then we make short at this level.
Becarefull that we have to see the trigger and then go short.
Sincerely
Hosein Poursaei
BTC: 2 Quasimodo Patterns FormingHELLO GUYS...
Based on the pattern analysis I have described, it appears that Bitcoin is forming two patterns known as Quasimodo patterns, which I have labeled as QML1 and QML2. By engulfing the two specific areas, the patterns have been confirmed.
It seems that Bitcoin is currently moving rapidly towards the level of pattern one, and there is a possibility of a drop to $20,000 from that area. After that, the second pattern starts to grow again and reaches at least $23,500.
However, it's important to keep in mind that technical analysis is not always accurate and market movements can be unpredictable. It is essential to consider other factors such as market sentiment, news, and overall market trends before making any trading decisions. It is always a good idea to have a proper risk management strategy in place and to seek the advice of a professional financial advisor before making any investment decisions.
It's not bad for scalp trading 1:3You can get it or wait for a good trade under that in daily zone under 20000
btcusdtperpHello friends, as you can see, the market is currently small and needs liquidity
One of the possibilities that is ahead is this scenario
Whales fill their orders after...Don't hurry for long..
Why this low of price can active your stop,this This low can respond, but it does not provide a ceiling
Because the s.ell is disposable
btcusdtperpFriends, in the monthly time frame, we are in the decision phase and it will clarify everything for the Fed market
Until then, technically, the market needs a hunt
update for BTCUSDTas I was expected, BTC reversed its trend and the minor downward trend has started. there is a FL which was engulfed and now I'm thinking about a pullback to upper demand zone (blue box - FL) for collecting new sell orders. this pullback may be extend to the next demand zone (red one - MPL). but this is clear that rising in price is a pullback and the trend is downward until support zones mentioned in the chart.
US30 A potential BATUS30 in HTF looks like forming bat, price swapped the base as per RTM and price approach forming 3 drive.It might take few months to reach target but once it react from C it would definetly complete prz
TVSMOTOR near to demand on left shoulderTVSNOTORS broken MS and retrurned to demand for collecting pending orders. Demand is aligned with LS. A very potential setup with good RR trade
Wipro forming bearish GartleyWipro forming bearish Gartley and prz is at hidden base which is aligned with left shoulder, in RTM terms we call it LS kink , Also known as Quasimodo/QM , Remember only short when we get a swap in atleast 5 min timeframe,
MATICUSDT short scalpRTM>>>
Only when the price left the yellow range and returned to it!!!
short scalp 1/3 risk/reward
MATICUSDT
XAU/USD We are reaching the Bullish FTR zone in weekly timeframHi guys
In this post, I will analyze the XAU/USD chart by RTM method in the weekly timeframe. I suggest you learn this method which was developed by If Myante and his friends and is famous for its accuracy and high risk-reward ratio.
If we look carefully at the chart of the Gold, we could see the evident Bullish FTR (failure to return) between the range of 1770 to 1800.
First of all, the price had a resistance surface in 1807 but we can see that this surface engulfed later (ENG point). After that, the price failed to return to its bearish downtrend and the price jumped to around 1960. so if the price makes a pullback to that FTR Surface, we could see a bullish reaction.
Also, we could see the Caps on price which was shown by a red border. Caps on price structure are usually RBR (RALLY BASE RALLY) or DBD (DROP BASE DROP) structures which in the second phase we could see a base an FTR or its better to say FL (flag limit). When the price reaches this surface, we expect a bearish reaction.
So we expect a bullish reaction from the range of 1770 to 1800 with the first target of 1860 and 1950 but we have to see the trigger in the lower timeframe in order to trade when the price reached to the selected zone.
Don't forget to check the fundamental reasons.
Sincerely
Hosein Poursaei
Ada can 20% short...?!Maybe you think market is very bull...but I see not a lot yet on ada....it's dangerous...it can 20% off
Nifty made wolfe wave with divergenceNifty has wolfe wave with divergence , in RTM terms it call as fake out, stacked RS breakout and compresssion with dtive/wolfe wave clearly shows that its a fake out. alreadt did the swap of base so its just a trap.
usd trend updateas I was expected, cad go for its uptrend and now because of the ENG. in the last support zone, I'm ready for a FO. and then a new low
chf updateas I was expected, chf go for its demand zone. this week I believe that there is chance to buy the chf for the demand zone and then there is the best place to short.
xauusd long for this weekgold hited a good support zone this week and I hope to see either the fl or end cp fl the two major demand zones, I believe there's a slight chance to have a short from first demand zone to dp (lower support zone) and then a long to next demand zone.
