Simplest technical analysis of Crypto Market Cap against Gold. Check out my page for fundamental analyses. Implied graphical explanation for the drawn lines: Thanks for your time.
BTC as on my last idea played good. as expected it teted 23 700, but this support is to weak anf it will retest today lower supports on 23 300, 22700. In worse scenario we will test the support on trend channel. Maybe we will se retest of 24k and then down.
Developing As posted earlier The Downtrend of Falling price Becomes Faster. The Descending Trendline Becomes Steeper
A bearish divergence has appeared on the hourly BTC chart. Still in my previous short positions so not looking to add to them but this is an interesting squeeze.
Bear Flag... FRS +75 or 100% rise up 27 july GDP 28 July bad ....
Strong Rejection from the Upper Resistance trendline Reconfirms DEscending Downtrend of Bitcoi/usdt. Projected Support Intersection at 7,500. Fundamental conditions are the root causes of the continuing bitcoin plunge 1 FED Rate Hikes cause strong Risk aversion of Institutionals and Investors, and rotation into Dollar Cash. 2 Continuing wave of BAnkrupcies of...
Short BTC at 22652 SL 23123 above 15 mint LH TP 1 at fib level 0.618 (22249) R:R 2:1 TP 2 21602. R:R 4.5:1 Trend line and channel is broken, Market making another LL.
With the capitulation in may still lingering in the minds of retail and institutional traders alike, we get exposure to market events that speak to the uncertainty that lies in even the most advanced TA. With capitulation, a record number of liquidations roll through the equity value of BTC along with most ALTs. This part of the market cycle is not a hit and...
This is not a financial recommendation short btc bitcoin 14200 bitcoin 37000 bitcoin 10000 or 12000 bitcoin 135000
Monday short with a high probability vision of professional trader
When a big Fund or Whale intend to sell and LIQUIDATE a big Chunk of its soon-to-be-worthless Bitcoin - it OPTIMIZES the time and day. The smallest participation in the Market is of course on Saturdays and Sundays when almost all the Institutionals are closed. Then The price reaction to a big sale will be the least on weekends. This IS A REPEATING trend - BIG...
Entry point is only confirmed once BTC creates a FVG now on the first wave down and comes back into it a bit later. Then a short position will be opened once I got confirmation on lower timeframe (1, 2 or 5 min.) As target I see the 4h FVG which is marked on the charts. Sure I could be wrong... so no financial advice! :) Cheers, Chris
SHORT IDEA: from: 20313 STOP LOSS: 21422 Target: 17573
I like this formation on BTC- Looks to me like a big old BEAR FLAG ready to break some hearts I'm going short. -Rejected from resistance at 30766 -Volume dropping Entry - off next bearish engulfing Profit - measure move down to around 28600 Stop - above prev structure
Helllo, Traders To explain based on my last idea, wave B seen on the chart is just an expanded flat when viewed in the form of a wave. I will still keep my view that it will reach 23k. What I think may be seen as a simple drawing game to some, but 😘 Good luck everyone.
Expecting BTC to move lower at 19k-20k price from current price Bounce relief might happen. And if we dont hold 40k , ill reentry short and taking profit at 20k
I think everyone knows why this short happening. Just that everyone lose money . As always :D