Bitcoin (BTC) - September 17Hello?
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(BTCUSDTPERP 1D Chart)
As the HA-High index declines, the key is whether it can support and rise in the 19424.9-20662.9 zone.
- If it falls below 19424.9, the main position is 'SHORT'.
- The 19424.9-20662.9 section is a quick response section.
- If it rises above 20662.9, the main position is 'LONG'.
The Stoch RSI indicator has entered the oversold zone.
So, we can see that the Stoch RSI indicator will turn to an uptrend in the near future.
However, since the Stoch RSI indicator needs to get out of the oversold section to know if it can turn into an uptrend, it is recommended to check the flow after breaking out of the oversold section and respond to it.
When the Stoch RSI moves out of the oversold zone, it is important to see where support and resistance are found.
If the CCI line falls below the EMA line, BTC is likely to see a downtrend.
Therefore, if it does not fall in the current zone, BTC is likely to show an uptrend.
For BTC to continue its upward trend, it must rise above the HA-High indicator of 20662.9.
However, when rising
Primary resistance: around 21481.1
Secondary resistance: 22570.6-23937.1
------------------------------
- big picture
I think you need to be supported in the 13K-15K section to gain the strength to rise.
So, whether it rises or falls from its current position, both require a short-term response.
A full-fledged uptrend is expected to begin when it rises above 29K.
------------------------------------------------------------ -----------------------------------------------------
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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XBTUSD
deep divin'btc seems to be hanging off a cliff here.
our daily indicator has crossed bearish a few days ago and has resumed downtrend successfully.
btc has printed a double hidden bearish divergence in this range on the daily, and continues to show signs of weakness with each passing day.
i highlighted the last few times our indicator crossed bearish (on the daily) with a similar hidden bearish divergence + the reaction btc saw each and every time.
---
i was looking for this current correction to expand in time, but my theory is becoming less probable with each passing moment.
i''m going to keep this real simple,
if buyers don't come in over the next few days, btc will likely fall off this cliff.
@TradingSurfers made a beautiful post the other day displaying the cliff - check it out 👇
---
i've shared numerous bearish alternatives over the last few months, and ima leave them here for you to feast on:
Bitcoin (BTC) - September 16Hello?
Welcome, traders.
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-------------------------------------
(BTCUSDT 1D Chart)
The HA-Low and HA-High indicators started to fall and form a horizontal line.
- HA-Low indicator point: 19622.58,
- HA-High indicator point: 20663.25
Therefore, if the price is supported near 20663.25 and rises above 20663.25 to maintain the price, it can be interpreted as highly likely to show an uptrend.
However, if support is confirmed by rising above the 19946.21 point, it is highly likely to lead to further upside.
If the price is maintained by rising above the HA-High indicator, it is highly likely that the uptrend will continue.
However, the section 22753.10-23949.03 where the horizontal line of the HA-High index passes can be a resistance section.
Therefore, in order to lead to a full-fledged upward trend, it is expected that it will need to rise above the 22753.10-23949.03 section.
There are several trend lines drawn on the chart.
In particular, we need to see if we can move along the #1 uptrend line and near the #2 uptrend line.
Uptrendline 1 is a long-term trendline, and if it falls below this trendline, i.e. below 18353.11, there is a possibility of a sharp decline.
The uptrend line #2 is the medium term trendline, which was newly drawn this week.
Therefore, an uptrend along this trendline is expected to lead to an attempt to break through the medium-term downtrend line.
In the short term, a diffusion channel has formed, making it more likely that volatility will increase.
The Stoch RSI indicator is expected to enter the oversold zone in the near future.
Accordingly, it is necessary to identify where support and resistance are found when the oversold zone is broken.
If CCI remains below the EMA line, BTC could lead to further declines, so countermeasures should be taken into account.
------------------------------
- big picture
I think you need to be supported in the 13K-15K section to gain the strength to rise.
So, whether it rises or falls from its current position, both require a short-term response.
A full-fledged uptrend is expected to begin when it rises above 29K.
------------------------------------------------------------ -----------------------------------------------------
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
BTCUSDT approaching support structure,short term bounce expectedBTCUSDT
price is approaching support structure, after reaching the support if price holds above the support, I expect the price to move higher towards next resistance.
Trade Wisely
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
btc 9-15 update ~good evening,
---
btc is still chopping around, but it's building a pretty nice base down here with some decent bullish divergence.
i'm still looking for some kind of 3 wave move over the next few days before it pops up higher.
the middle 3 wave move can take the form of a few different things, and it's important to let it take shape before attempting to take any trades down here.
invalidation of the bigger move up will be at a break of 18454.5.
✌
Bitcoin (BTC) - September 15Hello?
Welcome, traders.
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Have a good day.
-------------------------------------
(BTCUSDTPERP 1D Chart)
The key is whether it can rise above 20662.9 to find support.
To do this, it is necessary to check whether it is supported in the 19424.9-20122.5 section.
A break below 19424.9 is likely to revert back into the medium-term bearish channel.
If this happens, it could drop below 18374.1, so be careful.
The main position was 'SHORT' as it fell below 20794.4.
However, since the HA-Low indicator is formed around 19424.9, it is the primary support point.
The second support point is around 18374.1.
Since the HA-High indicator was formed at the 20662.9 point, we expect an uptrend if it gains support above 20662.9.
However, since the HA-Low indicator of the 1W chart is formed at the 21826.1 point, it is the primary resistance point.
The second resistance section is the section 22751.23937.1 where the HA-High indicator forms a long horizontal line.
Therefore, 20662.9 and above has a 'LONG' main position.
- The RSI and Stoch RSI indicators are out of the overbought zone.
Even when the Stoch RSI indicator enters the oversold zone, you need to check whether the 19424.9-20122.5 zone is supported.
- If the CCI line falls below the EMA line, BTC is likely to see a downtrend.
Therefore, it became even more important to keep the price above 19424.9.
The next volatility period is around October 6th.
------------------------------
- big picture
I think you need to be supported in the 13K-15K section to gain the strength to rise.
So, whether it rises or falls from its current position, both require a short-term response.
A full-fledged uptrend is expected to begin when it rises above 29K.
------------------------------------------------------------ -------------------------------------------
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
too bull too quick?bitcoin is starting to display a loss of momentum up here.
it has also printed a very clean 4h hidden bearish divergence:
⏬
this tells me there's a reversal which is imminent in the near term.
bitcoin did come up in 5 waves though, which is generally the beginning or an end to something. in this case, it is the beginning of something as it came right off the lows.
⏬
the bulls want to see something along these lines:
⏬
but i'm looking for more complexity, as displayed in my last post:
---
it is also still somewhat possible that this mean retracement which bitcoin is currently working on is a connector leg for a larger move down which is yet to come (to 13k),
displayed in this post right here:
---
the strategy is simple this week,
watch what the rejection looks like from the local golden zone at about 22.5k.
>if the rejection takes out the lows at 18.4k, entertain the last two ideas which i shared above.
>if the rejection is controlled (doesn't take out the lows), and it comes down in a clean 3 wave move, then we might be in for a bullish treat over the next few months.
---
as always, be very cautious over the next few weeks - as there's quite a few different paths which bitcoin can take.
btc 9-14 updategood morning,
in my last post i was looking for btc to retrace up to the local golden zone and see a rejection
>it did
>>>but... it came up in 5 waves rather than 3, which changes the trajectory as of yesterday.
looking for a bit of a deadcat bounce in the days ahead before the final move down in this range (which in theory shouldn't take out the lows)
if the lows are defended by the bulls, we can look for upward expansion into the month ahead.
BITCOIN - AWFULL SENTIMENT, NUKE OR NOT?After post-CPI nuke everyone turned ultra bearish and that's normal. Global economics is in very bad shape, still hard to find anything poositive.
And that's suspicious.
far now it's liquidity game.
For now it says up towards 22 k to create lower high at least.
but..
Imagine how many shorts will open there.
Imo we can still see some similarities to previous accumulation patterns.
PA at this level will be crucial. If we can break the 4h trend to the upside above 22 k I think we will break that orange trend line also and that should give us pretty big run towards taking local highs, so above 25 k.
We can still reject and make a small lower low to keep that scenario alive.
In short term push above 2.4/5 should give us a small run imo.
Bitcoin (BTC) - September 14Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(BTCUSDT 1D Chart)
The MS-Signal indicator is passing near 20798.16, so the key is whether it can rise above 20798.16.
The MS-Low indicator renewed downward and is located near 19695.87.
Accordingly, it is necessary to check whether it can be supported in the section 19695.87-20131.46.
The MS-High indicator is showing signs of going down.
However, it seems that the exact point will be known only when the candle is closed.
A medium-term bearish channel is forming below 19695.87.
If you hold the price above the bearish channel, it is expected to rise.
RSI and Stoch RSI indicators are expected to break out of the overbought zone.
When you break out of the overbought zone, you need to check where support and resistance are found.
If you see sharp rises and sharp declines, then reversals and rebounds will follow.
The section that needs to be supported to show an uptrend is the section 20798.16-21838.98.
We should rebound and see if we can find support by moving up near 21475.02.
In the medium term, if the CCI line remains above the EMA line, it is expected to continue its uptrend.
If resistance is found at 18353.11, I would expect a move towards the 15916.68 area.
The next volatility period is around September 25th.
------------------------------
- big picture
I think you need to be supported in the 13K-15K section to gain the strength to rise.
So, whether it rises or falls from its current position, both require a short-term response.
A full-fledged uptrend is expected to begin when it rises above 29K.
------------------------------------------------------------ -----------------------------------------------------
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
Bitcoin Analyze (CPI + Resistance lines + SMA100)!!!As I expected in the previous post, Bitcoin reacted to the resistance lines and SMA 100 (Daily TF), although the CPI also contributed a lot to this reaction.👇
In this post, I tried to show you the support ranges in front of Bitcoin, and it is likely that Bitcoin can resist this fall in the support zone of 20120$ to $20040$.
Since the RSI indicator has not entered the Oversold area in the 4H timeframe, we expect a further drop.👇
Bitcoin Analyze ( BTCUSDT ), Timeframe 4H⏰.
Do not forget to put Stop loss for your positions (For every position that you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Bitcoin Analyze (Scenarios)!!!🧐I don't think anything special has happened to Bitcoin yet, so please don't get FOMO.
Of course, the good news for Bitcoin is that it could not make a new Low in the last drop. But on the other hand, Bitcoin, we should expect at least a correction after the strong upward trend that it had in the previous two or three days. This modification can follow Fibonacci levels.
Bitcoin is currently in an important resistance zone as we have two resistance lines in the support zone as well as the SMA 100 (Daily TF)+ Shooting Star Pattern at the 12H timeframe.
If Bitcoin breaks this resistance zone, we can be very optimistic about the continuation of the upward trend because a Double Bottom Pattern will be formed, which can signify the end of the short-term bearish market.
Bitcoin Analyze ( BTCUSDT ), Timeframe 12H⏰.
Do not forget to put Stop loss for your positions (For every position that you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Bitcoin Analyze (Rising Wedge/Double Top/Fan Principle)!!!We can see three reversal patterns at 15min timeframe.
Bitcoin was able to make a Rising wedge, indeed. Also, it can make Double Top Pattern and Fan Principle too.
Bitcoin Analyze ( BTCUSDT ), Timeframe 15min⏰.
Do not forget to put Stop loss for your positions (For every position that you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Bitcoin (BTC) - September 13Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(BTCUSDTPERP 1D Chart)
The section 22751.0-23937.1 is the section where the HA-High indicator passes.
Therefore, if support is found in the 22751.0-23937.1 section, it is expected to lead to further upside.
For that reason, it is important to maintain the price above the 20794.4-21826.1 section.
Since the volume profile section is formed at the 24294.1 point, it is necessary to check whether it can rise above 24294.1.
- In the section 21481-21826.1 or higher, the main position is 'LONG'.
- The RSI, Stoch RSI, and CCI(9) indicators are all in the overbought zone.
So, when you break out of an overbought zone, you need to check where you find support and resistance.
Entering an overbought or oversold zone does not mean that it does not rise or fall, but it should be interpreted as meaning that it may be constrained.
Therefore, when entering the overbought zone, if you see resistance at the support and resistance points, you need to sell in installments to confirm your profit.
Conversely, when it enters the oversold zone and shows support, it proceeds to buy in installments.
However, since you do not know how far it will fall, you should buy it with a low investment weight.
- Accordingly, it is necessary to adjust the investment weight as there is a possibility that it will face resistance at any time and decline.
Summarizing the above, in order to take the main position as 'SHORT', it is necessary to check at which point support or resistance is found when out of the overbought zone before entering.
- Also, if the price is maintained above the HA-High index, it is highly likely that the uptrend will continue.
Therefore, if the price continues to rise above the 22751.0-23937.1 section, it is expected to rise to around 27054.1.
The next volatility period is around October 6th.
------------------------------
- big picture
I think you need to be supported in the 13K-15K section to gain the strength to rise.
So, whether it rises or falls from its current position, both require a short-term response.
A full-fledged uptrend is expected to begin when it rises above 29K.
------------------------------------------------------------ -----------------------------------------------------
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
Bitcoin (BTC) - September 12hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(BTCUSDTPERP 1W Chart)
The key is whether it can move above 21481.1 to break out of the medium-term bearish channel.
(1D chart)
It depends on which direction you deviate from the 20798.16-21838.98 section that connects the important points on the 1W chart.
- A move above 21838.98 is expected to move towards the upper end of the Bollinger Bands at 23948.63.
- If it falls below 20798.16, it is expected that it will decline to around 19695.87, near the lower end of the Bollinger Bands.
- The MS-Signal indicator is showing signs of transition to an uptrend.
So, if you hold the price above 20798.16, it is likely to move higher.
However, the RSI, Stoch RSI and CCI(9) indicators are entering the overbought zone.
Therefore, it is important to keep the price above 20798.16 when it breaks out of the overbought zone.
If not, it could lead to further declines, so be careful.
If you take a look at the previous moves, you'll find out why.
- If the price is maintained above the HA-Low and MS-Signal indicators, it is expected to turn into an uptrend.
However, in order to continue the upward trend, it must rise above the HA-High index.
Therefore, it is necessary to check whether the HA-Signal indicator on the 1W chart rises above 21826.1, the point of the HA-Signal indicator, and shakes up and down to make the HA-Signal indicator decline.
Otherwise, we should also see if we can rise above 22937.1 by going up like this.
- Since it is located near the 21838.98 point, which is the HA-Low indicator point on the 1W chart, if it rises above 21838.98, the main position is 'LONG'.
- If it declines from 20798.16, the main position is 'SHORT'.
- The section 21475.02-21838.98 is a search section, so you need to be careful when entering a new position.
- The section 20798.16-21475.02 is expected to require a quick response as whipsaw may occur due to rapid movement.
------------------------------
- big picture
I think you need to be supported in the 13K-15K section to gain the strength to rise.
So, whether it rises or falls from its current position, both require a short-term response.
A full-fledged uptrend is expected to begin when it rises above 29K.
------------------------------------------------------------ -----------------------------------------------------
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
Bitcoin Analyze (Counting Waves /Timeframe 15min)!!! (Update)Bitcoin was able to complete wave 5 by Expanding Ending Diagonal.
In the next steps, Bitcoin will go down to support zones.
Bitcoin Analyze ( BTCUSDT ), Timeframe 15min⏰.
Do not forget to put Stop loss for your positions (For every position that you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.