FAKE BULL SEASON is OVER!As can be seen, the rising trend that took us from the bottom to the new ATH has been broken and according to the Fib levels, it does not appear that the decline will stop before 56K.
My guess is that the decline will stop temporarily at the minimum angle trend level, that is, 50K, but I do not think we will see a new ATH this year.
Short-long
My thoughts are giving me no peace with this ideaMy opinion is that the alt season will be very powerful like in 2017. But it will be so sudden. That no one will understand at first what happened. Why do I think so? I believe that Bitcoin will not grow any more. But in order for there to be fomo on the market, it is necessary to make people buy and buy again. It is necessary for big money. There are more details in my position, which I will attach below
NICE TRADE IDEAS INCOMING!!After a nice selloff and a tap of the demand zone, buyers are stepping in.
Two areas marked with the green circles where I'm interested in taking a short and a long if PA plays out nicely.
Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade.
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This is not financial advice. This is for educational purposes only.
Congrats!!! Gold Breakout played so well...Gold played out so good as we expected, gold broke the uptrend and started bearish rally and we are lucky that we caught the breakout, till now we have got 320 pips in few hours from a single trade, that was easy, and it also hit our 1st TP now you all who have followed this idea may close or hold the trade to the 2nd TP zone, and also set your trades to Breakeven for no risk at all, i have mentioned the 2nd TP zone which is quite wide so close when you feel like the profits you have earned is enough, and don't over trade...
Short on AudCadThe price has formed a lower low, and in the continuation of the downtrend, it is also forming lower highs. The point to note is that we have an engulfing pattern at the bottom, and now we have reached a fresh supply zone where a low-risk short position can be taken with a risk-to-reward ratio of 2.
Trade simple.
#BTC/USDT CHART ANALIYSIS !!Hello friends, welcome to this BITCOIN update from Crypto Sanders.
Hello dear traders, we are new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer all, thank you, guys.
The chart shows that Bitcoin is currently in a resistance zone marked by a horizontal band.
The red arrow suggests an anticipated downward movement.
Yellow line: This probably represents a short-term moving average.
Purple line: This probably represents the long-term moving average. The head and shoulders pattern generally signals a change in trend from bullish to bearish. If Bitcoin breaks below the neckline (the support line connecting the bottom of the shoulders), it could signal a significant price decline.
Pay attention to potential support levels where Bitcoin may find temporary stability. These are often previous resistance levels or moving averages.
Keep an eye out for wear below the neckline. If this happens, it could confirm the bearish trend.
Consider setting up a stop-loss order to protect against significant losses.
The chart shows that Bitcoin is at a turning point.
Feel free to reach out for further analysis or updates!
Remember:-This is not a piece of financial advice. Stay tuned to us for further updates and analysis. Thank you!
On the Fate of BitcoinIn the current image, BTC stands at the tip of a critical threshold. The price has currently been rejected from the 200-unit exponential moving average in the 4-hour time period.
Although attempts have been made 3 times to the falling channel resistance area we are in, there is no strong and significant sign of any breakout.
Currently, the target of an Inverse H&S pattern appears to be the previous high. However, the breakdown of the critical support area will clearly take us to a critical support area, which we will define as another bottom point within the golden pocket borders on the logarithmic fib scale. This means that we will fall below $50K.
#BTC #Bitcoin #Short #Long #Setup 12+13 #Eddy #BTC #Bitcoin #Short #Long #Setup 12+13 #Eddy
It's you & New Setups 12 + 13 :-)
(( According to the investigations carried out in the supply range of the 4-hour time frame, and in the lower time frames we see divergence and compression and confirmations of the fall, if you are familiar with the liquidity structures, you will understand the reason for these shorts and longs again. I hope you will enjoy the settings and make the most of them and introduce my trading view page to your friends. ))
Related Relevant Analysis & setups of Bitcoin : (( BTC/USD )) : Check Link :
Is there an end to the bullrun? Or longterm bullmarket!Gold still pushing higher and higher. Is it posible were in a longterm bullrun? See update post montly timefram.
Priceaction wise gold is showing a rising wedge wich can indicate a correction or reversal. Selling the high resistance off this channel can be done but is trickie against the main bullish trend. A confirmed break below this support channel and below support level 2266 might drop gold even more. If the support channel keep respecting then you can enter longs.
Make sure you mange risk 100%. Especially with selling the bullmarket.
Support: 2287, 2277, 2266
Resistance: 2300(Psycological)
Is Nvidia and the Top 10 short opportunities? Nvidia’s stock price surge has triggered discussions of a potential "bubble" in AI stocks.
Cathie Wood, CEO of Ark Invest, has recently expressed her concern and reduced Ark's exposure to Nvidia, citing the possibility of overly optimistic expectations, prompting her to sell a modest $4.5 million worth of Nvidia shares. So perhaps she is not overly concerned about a bubble bursting.
But it's not just Nvidia that has some analysts worried. Torsten Sløk, chief economist at Rowan's wealth management, pointed out that the top 10 companies in the S&P 500 are currently more overvalued than the top 10 during the mid-1990s tech bubble.
Jeremy Grantham echoed concerns about overvaluation, warning of an impending burst of the AI bubble. But Grantham is a permanent wall street doomsdayer, so take this warning with some skepticism.
In contrast, Jamie Dimon, CEO of JPMorgan Chase, expressed optimism about artificial intelligence, emphasizing its tangible applications in various sectors such as cybersecurity and pharmaceutical research. Dimon stressed that unlike the hype surrounding the internet bubble, AI's potential is genuine and substantial.
Maybe this means that similarly inflated stocks like CrowdStrike (cybersecurity) and Eli Lilly (pharmaceutical) can live up to the potential that their high stock prices are indicating? Or maybe there are additional shorting opportunities with these two stocks?
#BTC #Bitcoin #Short #Long #Setups 7+8+9 #Eddy#BTC #Bitcoin #Short #Long #Setups 7+8+9 #Eddy
I have specified the direction of Bitcoin for you guys <3
My New Scalp Setups & Big Short Setup on Bitcoin, In Total 3 new positions of mine on Bitcoin ;-) Look at Final Setup Target :-O :-D
(( Out of 6 signals sent, we experienced a stop "Risk-Free" & a stop "loss" & 4 signals received their profit <3 )) What's About You? ;-)
Related Relevant Analysis of Bitcoin : (( BTC/USD )) : Check Link :
"Share your thoughts & ideas with me in the comments"
#BTC #Bitcoin #Scalp #Short #Long #Setups 5+6 #Positions #Eddy #BTC #Bitcoin #Scalp #Short #Long #Setups 5+6 #Positions #Eddy
We finished with 2 profits and 1 risk free, for now I added 2 new scalp trades to the previous trade, it's a shame to lose the volatility ;-)
Previous BTCUSDT.P Setups 1+2 :
Previous BTCUSDT.P Setups 3+4 :
(( It's About Trading Range, What you think about my setups guys!? ))
Related Relevant Analysis of Bitcoin : (( BTC/USD )) : Check Link :