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Potential bull flag pattern 15 min timeframe BTC-USDTThis just in…..whales are buying dips and eating chips….parabolic mode almost activated…Shorting bitcoin is a bad idea for the time being right now. Yes it might retrace back to $35K but will you be patient enough to wait for that to show on the actual price? Technical analysis only goes so far, but our expectations should be positive and hopeful for gains. Not fear of loss. My entry was @41,500 and i am perfectly fine not being the first one to buy the bottom i needed confirmation of the uptrend, now its paid off nicely! Just going to hold bullish trade until about $44K then reassess. My theory is once BTC touches the bottom of the bull flag shown it will go parabolic to about $45K Good luck trade safe, manage risk well.
Long
by Fabreezio
1
BTC Update - Rise to $45K……and then????Hello Traders, This rally feels different. We have to see the numbers to understand that institutions are currently BUYING bitcoin at market order prices….$125 million BTC bought by Terra’s CEO on an exchange platform. Terra also plans to unvest in $15 Billion BTC reserves for peer to peer transaction ecosystem which will undoubtedly reign supreme for the future. Two possible outcomes. Scenario 1: We retrace down to $42K as support and consolidate for an upward move to $45K-$47K. If we flip $47K then market is BULLISH AF. Target - $58-$60K possibly higher to $100K !!!!! Scenario 2: If we hit resistance again at $45K and cannot break after a few retests….Then we will start the move to $40K, then $38K, then $35K which should hold strong. Then we will FORSURE make the biggest parabolic move in history. $100K+ *Worst case scenario…..if we fail to hold lower supports for some reason….the lowest EMA we would potentially hit is around $20K. I have presented both scenarios to the best of my knowledge and research….please do your own before trying to manage risk! I am not professional just doing this for fun!
Long
by Fabreezio
Bitcoin Corrects Lower, Will 37,000 Be Tested?Weekly Time-frame About to close now the weekly candle. We can expect a beginning of the dump. Strong resistance in $41,934.Awesome Oscillator (AO) might continue the trend to the downside. 1D Time-frame 1D TF is now correcting next support waiting $40,856, $40,019, $38,001. We are still bullish if the support holds. Will see what the market will do today. 4H Time-frame We are still in correction area, we will see if the AO prints a Green Volume or print a drop volume of red. Then we can know where it is going. We have been expecting a drop and it seems its gonna happen today. 1H Time-frame We are in the last support of Ichimoku Cloud we drop already but we are able to enter the cloud again. We will see if we can bounce or dropping soon. We will discuss more on the possibility on our Live. Stay tune and check with us! Want more insights before US market open? Hit Like, Share, and Subscribe for more daily trading tutorial & cryptocurrency news Trade Scholar, the best cryptocurrency educational community online! Find the content above difficult to understand? Feeling lost about how to trade? Want to learn how to do your Own Price Prediction? We endeavour to share you our investment knowledge & experience in order to help you starting your path to financial freedom. Follow, Subscribe & Join our Community to trade together! Disclaimer: Above Technical Analysis is pure educational information, not Investment Advice. The information provided on this post does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.
BINANCE:BTCUSD.PShort
by Trade_Scholar
Terra Virtua Moving Above EMA50 (200%+ Potential)TVKUSDT (Terra Virtua) is moving today above EMA50 after priting a very clear cup pattern. You can find these bottom patterns all around; a simple cup (marked yellow). We have triangle bottoms and also cup bottoms, these can be used as strong reversal signals. We have 7 consecutive green candles as well which has never been seen before on this pair. Just 3 consecutive green candles gives out the 3 Buddhas Pattern which is bullish, having 7 signals that the bulls are ready to move strong. You can find the targets on the chart. Namaste.
TLong
by AlanSantana
1
OMG Network Long-Term (600%+ Next Bullish Wave)Is the bearish wave complete? We don't know, people say it is impossible to predict anything, they say TA is junk; it doesn't work... Come closer... Allow me to show you some Magic! OMGUSDT Oct. 26 2021 (Inside this trade idea there is another one)... Just based on this previous chart and the bullish sentiment that is growing today, we can expect another bullish wave. I mapped some levels for you, 222% up to 620%. But you still need to do your own research before you trade. This is not financial advice. Namaste.
Editors' picks
OLong
by AlanSantana
38
Swipe Weekly Chart (vs Tether-USDT)I looked at the RENKO and Three-Line Break charts for Swipe vs Tether (SXPUSDT). We have very strong reversal signals developing on both. On the 3LB chart we have a reversal signal on the weekly timeframe. These systems are good to spot a change of trend. Here with the candles we have the same pattern we saw with SXPBTC, the falling wedge, and we see this weeks candle breaking above the down-trendline that has been active since Aug. 2021. One final resistance marked yellow on the chart and this pair can easily fly up. Namaste.
Long
by AlanSantana
BTCUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. We are in the 1-hour time frame. The price was inside a triangle and after receiving support at the support line for the third time, the price was able to break our resistance line. It has now hit our resistance zone. If it is rejected, it can come down to the support line and if supported, it can move back up. If the support is lost, it will fall down to its previous support. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck
by MarsSignals
8
ICARUS PATTERN - WINGS GONEIcarus flew too close to the sun and lost his wings out of selfishness and curiosity. The price action for Bitcoin was insane today, although I didn’t expect it to last. We approached the top of the triangle pattern and rejected $42K as expected…..For Now I remain bearish as the market is due for a massive correction. Stock markets look synthetically pumped up there’s no reason in the world we have such a booming market besides screwing over other countries with sanctions and then inflation which nobody seems to care about until next week when we see a TON of profit taking and dumping. Purely speculative. This growth cannot be sustained, the market makers are literally just waiting for retail dumb investors to buy into Bitcoin and then they will send it back to $20K maybe even $12K some models are predicting the retrace to macro support line. We need a lower low to get above and beyond. Once again, we do not have the common goal aligned to get BTC to $100K because the rich are going to keep us in the market cycle. Currently shorting Bitcoin to $20.5K from here. Good Luck.
Short
by Fabreezio
1
Icarus who flew too close to the sun…..Bitcoin is behaving like its going to the moon….but i am sorry to say this is just the top of the triangle and we should see $38.5K retracement over 100% down from this most recent breakout. Honestly, we should expect to see BTC go down to $20K this year….just saying. Look at longer time frame picture. Anyways. Enjoy this “bull day” its likely that the stock markets are showing false pumped up gains to intimidate weaker countries and inflation hasn’t even been talked about its just Euphoria Bull Mode at the moment. I’m cautious now. Likely to DUMP HARD. Icarus flew too close to the sun and his wings were incinerated from his body. Such is the metaphor of our investing environment right now. All we see is gains. But now people are buying in at the top once again and the selloff is coming….if its from $42K or $45K that is the only question for me.
Short
by Fabreezio
I KNOW THIS SOUNDS CRAZY…BUT HOW ABOUT NO TRADE ZONE?Honestly, today has been the ugliest price action ever. Tons of liquidations for both longs and shorts. It’s nearly impossible to set any safe stop loss due to “volatility” AKA the market maker is just making it impossible for anybody to make money. Not bullish, not bearish. I’m in standby mode until the trend is established and always cautious that Bitcoin can change directions +/- thousand dollars or more in one single minute. So don’t get your hopes up that people are buying because NOBODY is buying look at how weak volume was today. Lowest in almost two weeks. Don’t think the market has priced in the actual bad news yet. We are literally inflating our economy to make it look superior to other non-mentionable threatening countries …… welcome to the new stock market 2.0 but worse. Best of luck traders, let’s all get REKT together, thanks to the market maker. My next target is either $45k then $30k or just straight down to $30k from here. Either way we are going to hit new bottom soon, bullish people are right for long term in next 3 years bitcoin will be back at all time highs but for now put the pipe down and check how much money you actually make from bitcoin…I bet it’s negative we cannot make money without any market direction, it’s always “we might go up, but if we go down here’s whre it’s gonna go FORSURE”……I’m declaring no trade zone until further resolution.
by Fabreezio
1
REQUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. We are in the daily time frame. The price has been supported at the support zone several times. The price has broken the resistance line but the long shadows show that the selling pressure is high. It might make a pullback. If the support is broken, it will move further down. The price might range between the resistance and support zones before starting a new trend. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck
by MarsSignals
14
BTCUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. We are in the 4-hour time frame. The price hit the support line of the triangle and now is ranging over it. Given the long shadow by the 4-hour candle, it shows that the bears pushed the price down. Also we are inside a descending triangle which also signifies a bearish trend. You can Short it here for the first support zone. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck
Short
by MarsSignals
14
MKRUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. We are in the daily time frame. The price has received support at the support zone. It is likely for the price to be able to break the resistance line and move to the next resistances. You can set the Buy order here for the next resistance. If the next resistance is also broken, it will move to the next resistances. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck
Long
by MarsSignals
4
BATUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. We are in the daily time frame. The price has received support at the support zone and has also broken, the resistance line moving up to the resistance zone. The price can be rejected from here and move down to the support zone. So you can Short it here for the support zone. If the price goes above the resistance zone, it will move up to the next resistance zone. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck
Short
by MarsSignals
2
XMRUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. We are in the daily time frame. The price was supported at the support zone two times and has also been rejected from the resistance line several times. Now the price is moving below the resistance line. If it is rejected, it will fall down to the support zone. But if the resistance line is broken, You can buy it after a pullback for the next resistances. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck
X
by MarsSignals
2
EGLDUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. We are in the daily time frame. The price has hit the support zone and was supported two times. Now the price is moving up to the resistance zone. The price needs to break the confluence of the resistances to go up but it is possible for the price to have another falling after hitting this area or even reverse set-back from the area. The price is also inside a triangle and if the first support zone is lost, it can move down to the next which would be a good buying area. If the resistance zone is broken, it will move to the next resistance. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck
by MarsSignals
5
FTTUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. We are in the daily time frame. The price ranged around the resistance line a lot and now it is below it. The power of the trend is lowered and seems not being able to go up. Now if the price is supported, it will move up to the first resistance and then the other. If the support is broken, it can fall down to $36 and this would be a good area to buy for the pullback. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck
by MarsSignals
2