$XBIO SIMPLE INSIDE BAR SQUEEZE SETUP!INSIDE BAR SQUEEZE PLAY
-TEXTBOOK PLAY
-SOMETIMES IS A FAKEOUT
-WATCH FOR VOLUME
-KEEP TREND AND PRICE ACTION ON WATCH
-SECURE THE BAG WHEN NECCARY
-NO GREED TAKE PROFITS!
Short-long
Rejected the downtrend from ATH's (lower highs) + bearish engulfHello traders,
Just here with a quick update after we've seen price action develop further.
Monthly open was bearish, daily rejected very close to the downtrend trend-line.
I've been planning this trade for almost 2 weeks and have no intentions of closing.
The uptrend from $29,700 has now been broken, so expect high volatility this week and avoid leverage.
Daily momentum oscillator (stoch rsi with layover) is just leaving the overbought zone after going sideways in the region for a week straight.
Price was pushed up to reach the downtrend from ATH's in my perspective.
10x longs get liquidated around $36,000 - $37,000.
Stay safe my friends 👍
BTC/USDT forming a flag patternBTC/USDT forming a flag pattern in the small time frame. If it breaks upwards we could see a bullish move to 45k or 48k.
Again BTC has been very unpredictable so if it breaks downwards we will see a retest at 40.5k or 39.6k or below. But the perfect opportunity for scalping (Long/Short)
This is not financial advice and please DYOR. So be cautious on high leverage.
3rd validation point on downtrend from ATH's (lower highs) BTCHello traders,
At $29,700 I mentioned a possible triple bottom, why?
We only had 2 validation points on the downtrend from ATH's (which is a weak trend) but if we reject in the next 24 hours and get a 3rd it will strengthen the bearish trend with clear lower highs and eventually retest $30,000 leaving 90% of traders confused and lost.
This will be my last technical analysis until the sell off starts.
Also said that $42,000 - $45,000 was resistance depending when we pumped, but it appears to me we have a little bit of room left to pump but $43,000 won't hold in my perspective if we even get there.
It's also going into a weekend at resistance.
Stay safe.
👍
CRV, triple bottom...CRV near break out of this descending triangle... This one could be nice.. Set alarms and enjoy
CHR new leg up time?After correcting, looks like the consolidation end is near, moves are shorter and volume decreasing, which is an indicator that action coming... This symmetrical triangle could break up and down also, I think that BTC could decide... Set alarms and wait...
Eur/Usd Channel scheme. Eur / Usd trends in sell. The pair is ready for a downtrend (1.16999), but a small uptrend (1.17920) is likely to occur.
Target one: Buy 1.17920
Target two: Sell 1.16999
Don`t forget to look the economic calendar.
THANK YOU!
GOOD LUCK!
BTC LOOKS READY TO EXPLODE (massive short squeeze coming) DAILYHello traders,
The daily candle closes in 30 minutes and is just under resistance looking ready to explode.
Weekly STOCH RSI starting tp point up.
Honestly it's possible we get a $10,000 weekly candle to retest the downtrend from ATH's.
From there we either get a 3rd validation point on the downtrend and reject starting the next major sell off or someone break it which I can't see happening considering the pi-cycle top signaled April 14th, 2021 at the exact top. Last time that happened was December 2017 at the previous ATH.
There's a chance we still reject the weekly open but the weekly candle was very strong and daily candle about to possibly close above the descending triangle at the daily close.
STAY SAFE, IF YOU DON'T DO YOUR OWN TECHNICAL ANALYSIS DON'T BLINDLY FOLLOW OTHERS. DO YOUR OWN RESEARCH AND LEARN EVERYTHING YOURSELF OTHERWISE YOU WILL NOT MAKE IT LONG TERM.
THIS IS NOT FINANCIAL ADVISE JUST MY PERSONAL THOUGHTS.
GBPCAD analysis (SMC)clear bearish market structure on the higher TF's
price looking to come back and sell off my 4H POI
valid OrderBlock that broke structure and increased in price rapidly on higher TF's
other indications that price could potentially sell from my 4H (POI)
is sell side liquidity resting below
price also looks to be triggered by 4H inverted H&S that triggered the buy up to my 4H OrderBlock
BTC looks bullish to me - Downward ChannelLots of sell pressure going on in Bitcoin, but I'm bullish.
I think a lot of the bad news has hit and China or Elon can't do anything else to cause more selling. Maybe we dip into the 20s, but I don't think we last there for long.
My base case is that we are still in a bull market and we are ready to break to the upside. If we lose the support, watch out below.
AXS, Where is the bottomAXS in a nice descending channel, watch for a possible breakout, or more downside if BTC gets again heart attack.
Mas But I Never Know Just Like You! 👍So what fun in the wonderful world🌎 of Bitcoin ETH and your favorite Alt...
I highlighted this region because I find it a note worthy zone for many to remember. Many on one side of the fence vary few on the other, but much wow! Many now are "I told you so's" or no FUD allowed let me keep pounding this rock it feels sooo good when I stop.
Point is the chop is the chop but if your chopping a tree with the intention to harvest well chopping brings the tree down... 🪓🌳
I haven't posted much my previous post speak for themselves and current sentiment. 🤷♂️
Never wrong to plant a trees though! 😉
What are your thoughts? Is it bad that people like to realize gains and say "Cool! More Dollars now!" Most will answer with an emphatic "YES!!!" LOL Or am I really the only person that's down to pull profit and even short a little??? LOL
No Advice to give just thoughts that I can't shake after the last 6 years in the world of "CRYPTO"
Things 🤷♂️ #Fixed IDK Protect Your Neck!
🙏FOR JUST A HEALTHLY PULLBACK!
""KEEP CALM AND MANAGE THY RISK!""
SUPER: Possible nice runnerSUPER looks like it could have a nice and fast run, I will be ready to catch this one...
Eur/Usd Channel scheme. Eur / Usd trends in sell. The pair is ready for a downtrend (1.16999), but a small uptrend (1.18200) is likely to occur.
Target one: Buy 1.18200
Target two: Sell 1.16999
Don`t forget to look the economic calendar.
THANK YOU!
GOOD LUCK!
BTC is at very important area as you can see based on Fibonacci lines , we are on the golden 31.5 ~ 31.6 that is 618 fibo from last bull run , and if btc loose it it can go to the 29.7 then 22.6 ,
but if submit the price above this area , we can see 44k in next weeks,
this huge long time ranging made every one boring ,
BTC is stabilized in 30kish ,
market is deciding
let's see what's happening,
i will update this post ASAP.
will be happy to share your ideas with me under this Idea
Good luck every one.
AXS More to come?Is waited for correction nearing the end or just starting... we are now at a big support level, so there is the chance to bounce here, but if we break it, it should be the next big move down...
BTCUSD Weekly chart in Bitstamb Ex. As you can see in the chart, we have long time channel that is VALID during time. in my opinion, Bitcoin has two down trend ways and no uptrend!
These two ways can be:
1- PULLBACK to BIG RESISTANCE which was 19400$, however this price can be EXCELLENT support now, but in 2017 made bitcoin drops to very low prices.
2- According to channel, price likes to go further down prices and touch the support line which can be 10000$. this number is(and was) BEST price for investing in cryptocurrency.
In other hand, if we look at ICHIMUKO indicator(=GOD OF INDICATORS) there are some BAD news which are:
1- kijun sen CROSSES tenkan sen in downside way.
2- chikou span is in candles and stick to them.
Conclusion:
If you are investing in crypto you can SELL and buy in low prices or wait for 6-12 months
If you want to invest in crypto you should wait for better prices
If you are trading be careful about stop loss!
GOOD LUCK,
Dr. MMZ
DOWNTREND RESISTANCE TOUCHED (BTC) DO BEARS TAKE OVER HERE?Wave 5 completed and have now touched the downtrend resistance which has played a big part in keeping the price suppressed down.
Do bulls get trapped here? probably what makes this time so special? nothing.
Trading is a continuous psychological game and the same tricks are used 24/7 365 days a year.
Stay safe fam, cheers.
👍
Just Kitchen - $JK.V : TSXV- 2 possible upcoming plays.This chart doesn’t have a lot of history, but if you start to look at it there are a few support and resistance points that are starting to get established. Using these as guidance I’m proposing two possible plays for Just Kitchen depending on the direction it chooses to travel in the coming days. As this is currently trading on very low volume, the measurements are long term goals and profits should be taken at key support and resistance levels to remain safe. I’ll be keeping my eyes open for directional travel with in the long/short entry zones to see how things start to play out.
