Easy 100% (10% On 10X) Jump on Bitcoin (XBT)Long the XBT with low risk on the chart setup above.
This is not financial advice.
We can see an easy 10% short-term on the next jump.
( 10% with 10X leverage on the XBTUSD pair ).
This will be equivalent to testing EMA50 as support on this timeframe.
Stay tuned for the weekly timeframe analysis being shared later today.
We will look at the bottom, the recovery and more...
Is the bototm in for Bitcoin?
See below todays article...
Thanks a lot for your continued support.
Namaste.
Xbt
XBT 24K Next (10X Lev.)We are going straight to 24K, or so it seems.
$21,688 or EMA50 will be the first resistance, challenged in a few hours and then 24K.
It is likely to speed up by the end of the week.
We are fully prepared, we had plenty of red, is good to see change.
When we consider yesterday's trade signal we are green profits.
We've been buying around $20,000 for a few days now... Time to see the results.
Remember to always plan before trading.
Leveraged trading is high risk and for experts only.
None of this is financial advice.
I hope you find it useful for your trading and collect tons of profits and always improve more and more.
I hope the market recovers strong and we all continue to grow...
Sorry, too much...
Thanks a lot for the support.
Namaste.
All the times Bitcoin had such massive weekly volume
1. First 2013 peak. Next week closed green. Market went sideways for months in a huge range.
2. Second 2013 peak. Next week closed green. That was near the top. A few weeks later 2 major red candles followed and the market went sideways for a bit before going lower.
3. 2014 bear market rally. Next week closed red. Big move down followed.
4. 2015 bottom. Next week closed green. Market went sideways for a very long time.
5. 2015 breakout peak. Next week closed red. Market went sideways for a very long time.
6. 2016 halving rally peak. Next week closed green. Market went sideways for a while.
7. The 2017 peak. Next week closed green. Market chopped from 11k up to 20k for 6 weeks before going lower.
8. 6k bottom in 2018 after a 70% drop. Next week closed green. Market bounced by 100%, but ultimately chopped for months and then went lower.
9. The 5k breakdown in 2018. Next week closed green but the bottom was 20% lower.
10. June 2019 top. Next week closed green. Market chopped from 9k up to 13k for almost 12 weeks before going lower.
11. March 2020 crash. Next week closed green.
12. Jan 2021 local top. Next week closed red. Market chopped for a while and the resumed higher.
13. May 2021 crash. Next week closed green. Market chopped for a while and then went up.
14. May 2022 Terra crash. Next week closed red. Market went sideways for 3 weeks before going lower.
So the key things to note here is that usually after such a high volume week, next week is usually green, the next candle is smaller than the one with the high volume and the market tends to chop/go sideways for a while. Reversals are frequent, but not guaranteed.
Bitcoin below the 20,000 mark, and to test faith? Weekend, was originally a boring chicken rib moment, but bitcoin did not follow the normal this time, since Saturday, from the Binance perpetual contract added position, has felt that there is a big thing to happen.Over the past few trading days, although the market has been bullish, many people think this is the bottom.But technically, we don't see the long signals. After the bottom of the deviation appeared, can not receive the Yang line, I feel uneasy, repeatedly remind friends, do not left trading, must wait for macd gold fork, break through the average to enter the market.And this Yang line did not wait, but is constantly rush high fall. On Friday, I was still reminding you not to ignore the risks, because in 2018, like now, after falling below $6,000, it was a serious loss. In a highly leveraged market, extreme trends are frequent, so don't look at the market with a conventional mindset. So now that $20,000 has broken, many people are getting confused again.But if you look at the cme gap, you know that the $18,000 covers the gap in December 2020 (the purple line is the last rise), I've written many times before about the cme gap theory, which still works. According to the theory, the gap back, should form support, and the current line macd although bottom deviation disappeared, but if the cme opened on Monday, form a jump gap, that is the short-term third gap (yellow line for the gap), has the possibility of exhaustion, so even if the bottom deviation disappeared, does not mean that there will be no rebound. As for the gap below $10,000 in July 2020, I don't think it should be covered in this round of adjustment.It may even fail to compensate. This is a short-term view, for your reference, from the medium and long term, we look at the chart below, this is the bitcoin spot monthly line trend, if the wave theory is effective, then the market should have completed a standard big bull market, and then enter the abc adjustment cycle.Now, it's most likely to be wave A, and then there may be a big b-wave rebound, so much so that we think the bull market resumes.But the bull market, or b wave rebound, only come out to know. Or is the phrase, the prediction, a speculation based on history, not the condition of the transaction.Trading, there need to be standards, and this standard, you can set by yourself, you can also refer to my: macd + ma, a seemingly ordinary, but a very practical tool.
Bitcoin Weekly Candle not closed below 220 Days Moving Average
#Bitcoin bull run is coming..?
The #BTCUSD weekly candle has never closed below the 220D MA
1 day and 5 Hours remaining to weekly Close
If the #BTC weekly candle not close above $21000 then this will the first time the weekly candle will close below the 220D MA
btc - channel impulsePulling a channel from end of wave 1 to the end of wave 3 seems to fit very well.
Rejection off the median + multiple rejections during wave 3 adds confluence to the validity of the channel.
Only thing I'm concerned about is how wave 2 and 4 may both be WXY and alternation is not present. however, wave 4 is definitely more complex than wave 2
possible expanded flat to take up liquidity before the move up
Let the bullet fly a while, when the total market value of digitLast Friday, the total market value of China's BYD exceeded one trillion yuan and became a hot search on Weibo. I wonder if the total market value of digital currency fell below one trillion yuan today, but whether anyone can pay attention to it.
Since last year, I have been warning of the risk, when the weekly top deviation was formed, I published an article, if you see any friends should remember. At the time, I thought bitcoin's adjustment target, at least weekly, support should be around ma144. What happened later, everyone knows, not much to repeat. But after bitcoin fell to ma144, there was not a real bottom, and the rebound was delayed.So now everyone is confused.To be honest, Bitcoin has no fundamentals to support it, and it is impossible to support prices by faith alone.So what we can refer to is only a few historical trends. Looking back at the past several so-called bear markets, at least three can be a reference, 2015 and 2018 and 2020, in the early days because there are not enough moving averages, can not reference. In these three adjustments, each time is below ma144, shock finishing, complete the bottom.If we believe history will repeat, now may be the bottom of a bear market.Of course, digital currencies are not stocks, so their volatility can be very large, even if a weak rebound, often at 20%, often mistook us for a reversal. From the daily trend, there are the conditions for the bottom deviation, so there may soon be a strong rebound, but I don't think the left trade is a reasonable choice.Although I was criticized for being too conservative, in a highly speculative market, I wanted to choose the right in a point.That is to start with the bottom departure. Let the bullet fly for a while, no hurry.
BTC Bullish Piercing + Harmonic PatternsThis is a bullish piercing pattern:
And we also have a bullish harmonic pattern, green on the above chart.
These signals are pointing to higher prices.
This one can be invalidated if XBTUSD 4H breaks and closes below the last low.
More details on the chart.
Namaste.
Bitcoin Remains Strong | Triple Up!Our support still remains intact with all trading above $27,500 being bullish for us.
For this reason we wait patiently for prices to grow.
Only if support breaks, $27,500 short-term followed by $25,300, we can say the bears will continue lower...
For now, the weak hands are being removed one by one.
Double down?
Triple up!
Namaste.
Bitcoin | Be Ready Bulls..!!
#BTC/USD (Update)
Bitcoin is Forming Descending Broadening Wedge Pattern..
Bitcoin has been Consolidation Between 28-32k Range from last 30 Days.
For Bullish Momentum, Bitcoin Bulls need to Reclaim the 32k Resistance.
If Bulls lost the 28k Support, Bitcoin Might Revisit the 24k Support Area. (Another Lower Low)
In BITCOIN CME Chart, There is a Unfilled CME gap at 36K as well..
According to Classical Bump and Run Reversal (BARR) Formation, If Trendline Got Cleared, We Can see a +30-40% pump in Coming Days.
Potential Wyckoff ACCUMULATION..
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Thanks for Your Love & Support..!!
Bitcoin Short-Term (Full 10X Lev. Trade Inside)We are active with leverage on the XBTUSD trading pair; Bitcoin.
This chart continues to support a bullish move, why?
Because prices remain trading within a higher low compared to 12-May.
Because prices are now above all the EMAs.
The RSI is strong...
This favor the bulls.
There is always risk involved though, so make sure to plan before trading.
Bitcoin 10X Leveraged Trade (218% Potential Profits)
Feel free to LIKE and SHARE for more.
Namaste.
Disclaimer: This is not financial advice.
Bitcoin | Testing the Patience of Bulls..!!
#BTC (update)
Bitcoin has been consolidating Between 28-32k S/R Range from last 30 Days..
Bulls Have been Defending the Crucial Support but Failing to Reclaim the 31,800 Resistance as well.
For Bullish Momentum , Bitcoin Bulls Need to reclaim the Multi-Months Trendline Resistance to Confirm the Breakout.
If Trendline Resistance got Cleared, Expecting 30-40% Massive Bullish Wave in Coming days So Be Ready Bulls.
In Worst Scenario, If Bitcoin Lost the 28k Support, then Expecting Another Lower Low (Bitcoin Might Retest the 24k Support)
Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!!
Thanks for Your Love & Support..!!
Bitcoin Long View ( $19000 Bottom and $200k Top )#BItcoin Long Term View Chart:-
- #BTC HTF H&S Pattern Already Broke Down
- Must Need to Retest at $36k-$37k Level
- Bear Target Still $19800 Because H&S Breakout (-45% )
- Long Term I am always Bullish
- Long Term TL Support = $15000+
- Long Term TP= $200k