BTCUSDT 1H Wyckoff short-term forecastBTCUSDT 1H Wyckoff short-term forecast from Wunderbit
Movement about 1 Wyckoff scenario on 1h timeframe
Support
Resistance
Wunderbit
SHIBUSDT 4H short-term forecastSHIBUSDT 4H short-term forecast from Wunderbit
Previous ATH level
Level with trade and volumes. May act as good support.
Absolute absence of volumes at the last growth in the volume profile. Can this be considered manipulation and false growth?
After the growth, the 0.786 Fibonacci level was worked out.
Explicit downward movement. In case of breakdown, the expectation of a strong upward movement.
Bearish RSI divergences
Option 2 maybe.
1 - Holding the level and working off the yellow wedge up to ATH.
2 - Development of the blue descending triangle down to the level of 0.000028.
BTCUSDT 4H short-term forecastImmediate support coincides with the Fibonacci level of 0.5
Fibonacci on a daily timeframe. From the start of growth on September 29th.
After the fall, a reversal formation was drawn - CCI Divergence
Most of the indicators have already gone oversold, including the RSI
The Fear and Greed Index dropped to 34. We are entering the red zone, which means that for now, buy BTC. The expectation of a larger decline for a larger liquidation and a decline in the index to ≈ 20
If the divergences work out and support is held, the expectation of a short-term flat and a smooth growth. Since the 0.5 level bounces often.
If the level is broken, then movement into the green zone (strong support) and the expectation of a reversal formation are already there.
BTCUSDT 4H short-term forecastBTCUSDT 4H short-term forecast from Wunderbit
CCI out of the -200 zone. High probability of rebound.
After moving in a channel between 1 and 1.6 according to Fibonacci, working off the level 2.618.
Empty area by volume profile. If 2.618 is not held, then there is a chance of going into the 50,000 zone.
Globally strong level.
If the daily candle closes above the level of 63500. Then the squeeze can be considered a manipulation to knock out stop-losses before growth.
There is no reversal formation at the moment. Therefore, we cannot know that this is 100% bottom.
Downward movement and divergence drawing are also possible.
Waiting for a reversal formation (divergence).
FTTUSD 1D long-term forecastFTTUSDT 1D long-term forecast from Wunderbit
Global support with multiple retests
EMA ribbon grid looks bullish
Bullish pennant pattern
Confirmation of movement on RSI
SHIBUSDT 4H short-term forecastSHIBUSDT 4H short-term forecast from Wunderbit
Downlink. Working upwards in case of breakdown of the upper boundary.
An attempt to break through a strong resistance.
Expectation of movement towards ATH in case the candle closes above the channel border.
Fibonacci retraction level 0.5
Support level with multiple bounces
Waiting for the upward movement of the stochastic.
If the level is not held, then there is a chance to once again go to the lower border of the channel.
TLMUSDT long-term forecast. 250%!TLMUSDT long-term forecast from wunderbit.
Globally strong level
Absence of volumes above the 0.3 level
Horizontal triangle
Strong contraction to the level in the form of an ascending triangle.
In case of breakdown of the 0.3 level and consolidation above it, expectation of a strong and fast upward movement. Since the volume profile above the level is empty and there is no resistance.
The goal for working out the triangle. (2 vertical yellow lines)
ADAUSDT 4h Medium-term forecast ADAUSDT 4h Medium-term forecast from Wunderbit.
Falling wedge. In case of a breakout, the expectation of recovery to level 3.0
Ascending large fins on the "market cipher" is a very strong signal. In addition, there is a confirmation in the form of a green dot. Strong signals on the daily timeframe.
4 Confirmed divergences.
In case of resistance breakdown, expectation of rapid growth.
BTC.D The alt season is approachingBTC.D(Dominance BTC) from Wunderbit
The Fear and Greed Index is in the green zone, which indicates an imminent decline in Bitcoin.
The Altcoin Season index crosses the median towards the
Altcoin Season. Soon, we will see bitcoin weakness and the rise of
Altcoins.
Breaking through the EMA ribbon. The grid starts to reverse in the bearish direction.
BTCUSDT 4h short-term forecastBTCUSDT 4h short-term forecast from Wunderbit
Falling wedge;
The global level of support;
Resistance level;
When the wedge is broken, the expectation of a movement to 70000;
Waiting for an exit from the oversold stochastic;
In case of a rebound from the resistance level of 61500, expect a downward movement to the wedge border.
TLMUSDT 4h short-term forecastTLMUSDT 4h short-term forecast from Wunderbit
Confirmed divergences on 7 indicators
Flag pattern. White lines are targets for pattern development.
A large level along the volume profile coincides with the channel border. If the pattern is worked out, a breakout of a strong level.
The border of the global triangle.
In case of a breakdown, the expectation of a movement to 0.5.
As the viola season approaches, this is very likely.
Given the divergence, the probability of a stochastic reversal is high.
ADAUSDT 4h Medium-term forecastThe volumes at the level indicate the likelihood of a rebound upward.
Working off the Fibonacci level 0.5
In case of a downward breakdown of the triangle. Waiting for movement to the level 0.618
Waiting for the breakout of an inclined triangle
BTCUSDT Fractal. Long-term forecast.BTCUSDT Fractal. Long-term forecast from Wunderbit.
Fractal September 5, 2017 - February 25, 2018
Pay attention to the similarity of movement 2017 and 2021 and the coincidence of individual moments highlighted yellow circles.
LINKUSDT 1D long-term forecastLINKUSDT 1D long-term forecast from Wunderbit
Closest resistance
Upstream channel
ATH level
The last bounce from the lower boundary lasted 159 days. But considering the fact that in the near future we are waiting for the altseason. These terms can be shortened. Possible movement as in 2019.
XRPUSDT Short-Term Forecast 4hXRPUSDT Short-Term Forecast 4h from Wunderbit
Global volume support.
The resistance level coincides with 0.5 Fibonacci
Leverage liquidation level 3X. There is a high probability of collecting them.
Divergence RSI
SOLUSDT 4h Medium-term forecastThere are no upward lows on the RSI like on the chart.
Growth of lows. Not confirmed by RSI. There is a possibility of a downward breakdown.
Stochastic is oversold.
In case of breakdown of the red RSI line, move up.
In case of a rebound from the red resistance line, we expect a downward movement to the level of 136.
ETHUSDT 4h Medium-term forecastGlobal resistance
Rising wedge. Working down to the level of 3000
Large volumes on the last move. In case of a breakout, a strong downward movement
Divergence RSI
ADAUSDT 4h Medium-term forecastHorizontal triangle. The presence of strong support at 1.9-2 increases the likelihood of the triangle working upwards.
Confirmation of the triangle. Raising the lows on the RSI.
There are no volumes below 1.9. If BTC continues to dominate, there is a possibility of a quick return to level 1.4.
BNBUSDT 4h short-term forecastThe target for working out the triangle.(650-700)
Breakout of an inclined triangle of a triangle
Lack of strong volume resistance. The expectation of strong growth.
Volume breakout confirmation. This means that a possible false breakout can be excluded.
BTCUSDT 4h short-term forecastDivergence RSI. Possible breakdown of the level down.
Large volumes on the last breakout of the level.
In case of holding the level, waiting for movement towards ATH.
In case of weakness of buyers, testing possible global oblique from above.
Weakly traded area. In case of weakness at the 53500 level, a strong downward movement is possible.
SHIBUSDT 4h short-term forecastDivergence RSI
Descending triangle. Downward breakout probability.
Global ATH level. High probability of resistance.
In the event of a breakdown into space!
Upstream channel. Working down
Bitcoin - Classical Triangle consolidation Based on the bars for this week we can see that Bitcoin entered its classical triangle consolidation, which can continue for the next week, and then we could face the breakout. In this review, we will analyze the possible scenarios for the bitcoin price and will show our ideas on how to trade in them.
Based on the weekly chart, we can say that the short position is not a priority. The current bar is closing on a very high volume (The highest since the 16th of March 2020) but the price movement of the bar is not significant (Around 6% from the week opening). The daily chart also shows the buying power as soon as the price is reaching the level of 32000$-35000$. These two facts suggest that there is no significant pressure from the sellers at the moment. It looks like next week we should expect a further decrease in volatility and consolidation within the triangle.
Possible scenarios:
1) Breakout to the upper side of the triangle. This scenario is possible if during the week we would continue to see the buying power when the price deeps below 35000. The ideal breakout would be to the region of 39700 and then a local consolidation at this level with a further increase to the ATH and maybe higher.
2) The breakout to the lower side of the triangle. This is possible if the price would start consolidation below the level of 35000. This will probably happen fast and would be accompanied by the stop-loss hunt and the two primary targets would be 29600$ and an unlikely scenario of 25900$. At the moment we consider this type of breakout as a manipulation before the market will try to reach the all-time high level again.
3) Further decrease in the volatility and the formation of the horizontal channel. This is possible if the large players will decide to either start fixing some of the amounts or adding to their current positions and will keep the market in range.
The overall conclusion:
We will be looking for long opportunities and entry points in the coming weeks putting the limit orders at the level of 32K and 29K in case of the stop-loss hunt. We will monitor the other entries based on the 4H chart based on the 200 MA as support.
ETH short term trading setup!ETH/USD just formed a nice short opportunity. The 4H bar closed below the upper side of the trading base ($334-$395), breaking October's POC. If the price will be able to stay below the level of $395, then we would probably see the downward movement toward the bottom of the trading base. At the bottom of the trading base, we can see a nice accumulation towards which the price will aim to go.
Trading Setup.
Entry: $392-$396
Stop-Loss: $406-$408
Take Profit: $345-$348
Risk-reward: 4:1
Overall, ETH is still in the upper trend from march 2020, therefore in the macro picture, this is counter-trend trade.
