BTC Wyckoff AccumulationHey guys as you can see Btc is forming a Wyckoff Acculumation !!
IMO Buying from here now is totally safe ...
We can also notice that Btc formed the same structure in the end of 2018 so there is a big similarity in two charts and here is the link to 2018 Wyckoff event
That's what I see for BTC and remember always DYOR
XBTUSD
Bitcoin (BTC) - August 17Hello?
Welcome, traders.
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-------------------------------------
(BTCUSDTPERP 1D Chart)
The highs are being updated.
Therefore, if the price is maintained at or above the 23257.6-23804.3 range, it is expected to rise above 25459.8.
If it declines in the 23257.6-23804.3 section, there is a possibility that it will turn into a downtrend.
However, if it is supported in the 23257.6-23804.3 section, it is expected to rise above 25459.8.
Therefore, the main position is 'LONG'.
Therefore, if you enter the 'SHORT' position, I think it is advantageous to trade short.
(1h chart)
** On the 1h chart, a sharp move is likely to occur, so a short-term response is recommended.
the important point is
21826.1,
22570.6,
23257.6,
23804.3,
25459.8
Thus, you can switch positions depending on whether you find support or resistance at this critical point.
------------------------------------------------------------ -------------------------------------------
** 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 - showing bearish signs..BTCUSDT
price is contracting between two trendlines, if price price makes a bearish break of the structure then after a pullback if price shows rejection, I expect the price to move lower..
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.
BITCOIN (BTCUSD): Key Resistance Ahead! Your Plan:
As I predicted, Bitcoin successfully reached 25.000 level.
Being a solid resistance, the next bearish wave may initiate from that structure.
Even though the market is bullish this summer, remember that it is trading in a global bearish trend.
To catch a bearish trend continuation, watch a bearish flag pattern on a daily time frame.
Its bearish breakout (daily candle close below its support) will trigger a strong selling reaction.
Alternatively, a bullish breakout of the underlined resistance may trigger a further bullish continuation.
The next resistance on focus will be 28000 - 28900 area.
Good luck!
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
Bitcoin (BTC) - August 16Hello?
Welcome, traders.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(BTCUSDT 1W Chart)
The key is whether it can rise to the diagonal Fibonacci section.
- When the Stoch RSI indicator and the short-term CCI indicator are out of the overbought zone, it is necessary to check where support and resistance are found.
The interval 27033.35-29812.52 is the interval that determines the trend.
Therefore, if it rises to this section and falls without support, it is likely to show a downtrend.
(1D chart)
It is rising with higher highs and lower lows.
However, you need to be careful as the fluctuations are decreasing during the uptrend, which may cause large volatility that is different from before.
So, if it goes up with volatility, I would expect it to rise above 25700.
A prerequisite for this rise is to hold the price at or above the 23312.42-23810.98 range.
1st resistance: around 25K
2nd resistance: 27K-29K
1st support: 23312.42-23810.98
2nd support: 22579.68-22753.10
If it falls below the 22579.68-22753.10 section, it may turn into a downtrend, so you should think about countermeasures.
------------------------------------------------------------ -------------------------------------------
** 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) - August 15hello?
Welcome, traders.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(BTCUSDTPERP 1D Chart)
The highs are being updated.
Therefore, if the price is maintained at or above the 23257.6-23804.3 range, it is expected to rise above 25459.8.
If the price holds above the 22570.6-22751.0 interval or moves along an uptrend line, it is expected to maintain an uptrend.
Therefore, the main position is 'LONG'.
(1h chart)
** On the 1h chart, a sharp move is likely to occur, so a short-term response is recommended.
the important point
21826.1,
22570.6,
23257.6,
23804.3,
25459.8
Thus, you can switch positions depending on whether you find support or resistance at this critical point.
However, since I mentioned that the main position is 'LONG' in the 1D chart description, it is recommended to trade short when selecting the 'SHORT' position.
------------------------------------------------------------ -------------------------------------------
** 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) - August 14Hello?
Welcome, traders.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(BTCUSDT 1D Chart)
Primary resistance: around 25K
Secondary resistance: 27K-29K
1st support: 23312.42-23810.98
2nd support: 22579.68-22753.10
If the price is maintained above the 22579.68-22753.10 range, it is expected to maintain an uptrend.
If support is found at or above the 23312.42-23810.98 zone, I would expect a break above 25K.
If it falls below the 22579.68-22753.10 section, it may turn into a downtrend, so you should think about countermeasures.
------------------------------------------------------------ -------------------------------------------
** 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) - August 13hello?
Welcome, traders.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(BTCUSDTPERP 1D Chart)
If the price holds above the 22570.6-22751.0 interval or moves along an uptrend line, it is expected to maintain an uptrend.
Therefore, the main position is 'LONG'.
(1h chart)
** On the 1h chart, a sharp move is likely to occur, so a short-term response is recommended.
the important point
21826.1,
22570.6,
23257.6,
23804.3,
25459.8
Thus, you can switch positions depending on whether you find support or resistance at this critical point.
However, since I mentioned that the main position is 'LONG' in the 1D chart description, it is recommended to trade short when selecting the 'SHORT' position.
------------------------------------------------------------ -------------------------------------------
** 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 through split trading. It is a short-term investment perspective.)
---------------------------------
Bitcoin (BTC) - August 12Hello?
Welcome, traders.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(BTCUSDT 1D Chart)
Primary resistance: around 25K
Secondary resistance: 27K-29K
1st support: 22579.68-22753.10
2nd support: 21475.02-21838.98
If the price is maintained above the 22579.68-22753.10 range, it is expected to maintain an uptrend.
- The RSI indicator entered the overbought zone, but the Stoch RSI did not enter the overbought zone.
Accordingly, it is necessary to check at which point the RSI finds support and resistance when it moves out of the overbought zone.
If support is found at or above the 23312.42-23810.98 zone, I would expect a break above 25K.
If it falls below the 22579.68-22753.10 range, it may turn into a downtrend, so you should think about countermeasures.
(1h chart)
** On the 1h chart, a sharp move is likely to occur, so a short-term response is recommended.
The sections marked with ovals and the sections marked with square boxes are support and resistance sections.
Therefore, a rebound or reversal is likely to occur during this period.
the important point
21838.98,
22579.68,
23312.42,
It is 23810.98.
The main position is 'LONG' as it is maintaining an upward trend on the 1D chart.
When deciding on a position, it is important what criteria you use to decide.
These standards should include countermeasures against forced liquidation.
Therefore, holding cash is important even in perpetual futures trading.
If you have used all your funds without holding cash, it is important to secure cash by selling quickly in installments.
I mentioned that in spot trading, a trading strategy that can reduce losses is more important than trading for profit.
The same is true for perpetual futures trading.
However, the only difference is that leverage and forced liquidation exist, so a more aggressive strategy is required.
Therefore, a quick decision is required to close a position, convert, or stop loss.
A way to complement this decision is leverage ratio adjustment and investment size.
If you continue to face the threat of forced liquidation after entering a position, we recommend adjusting your leverage ratio and adjusting your investment size.
------------------------------------------------------------ -------------------------------------------
** 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 through split trading. It is a short-term investment perspective.)
---------------------------------
CRYPTO - TOTAL MARKET CAP 2It's truly amazing how total market cap excluding btc runs in perfect channels.
So far we can see we are trnding up and first natural target is the main trend line which is aso the upper line of descending channel.
There I expect longer september correction which can lead us to the second touch of the lower band of our huge channel.
Making hgher low there would be imo very bullish for the nearest future.
Bitcoin | Ascending Triangle Formation..!!
#BITCOIN is forming Ascending Triangle in 4H timeframe.
If 4H Candle Closed above the $24,560, Expecting +20-25% Bullish Rally.
C'moon Bulls, Send it 🚀🚀
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 (BTC) - August 11Hello?
Welcome, traders.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(BTCUSDTPERP 1h Chart)
** On the 1h chart, a sharp move is likely to occur, so a short-term response is recommended.
The box section is the support and resistance section.
You should hold the price above 23804.3 and see if it can move higher than 24099.8.
- In the CCI-C indicator, if the CCI line is maintained above the EMA line, it is likely to rise.
If it declines from 23804.3,
1st support: 23257.6
2nd support: 22570.6
The main position is 'LONG' as it is maintaining an upward trend on the 1D chart.
To convert into a downtrend on the 1D chart, it should break below 22570.6 and the MS-Signal indicator should turn into a bearish indicator.
------------------------------------------------------------ -------------------------------------------
** 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 through split trading. It is a short-term investment perspective.)
---------------------------------
btc 8-10 update ~good afternoon,
hate to be the one who breaks this to the bears,
but it's possible a bottom is in (for now).
it may not be "the bottom", but it's a bottom which can last for a couple of months.
---
if this ugly diagonal is at play,
btc is poised to play out an expanded flat for wave 2\b before the rip up comes.
if the expanded flat plays out, that c leg would be very sharp, and it'll be short lived.
if you're bullish, this might be what gets btc out of this range,
if you're bearish, be very careful in the days ahead, and expect the unexpected.
---
ps. there is many different ways of interpreting this count, and there is no confirmation of either bull or bear case for the time being.
all of the cases i present are just ideas - don't use these as trade setups, but rather a map for what might be.
Bitcoin (BTC) - August 10Hello?
Welcome, traders.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(BTCUSDT 1h chart)
** On the 1h chart, a sharp move is likely to occur, so a short-term response is recommended.
The interval 22579.68-23312.42 is an important volume profile interval.
Therefore, it is expected that the trend will continue in the direction out of this section.
However, as a short-term uptrend is currently formed, the key is whether it can rise above the 23312.42-23414.04 section.
If it does not rise above the 23312.42-23414.04 section and falls, there is a possibility to touch the 22579.68-22753.10 section.
------------------------------------------------------------ -------------------------------------------
** 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 through split trading. It is a short-term investment perspective.)
---------------------------------
btcgood evening,
---
i'm going to cut straight to the point-
i think bitcorn is going to drop going into september,
and it's going to look like the end of the world for those who are all in;
but that's the time to get in if you've been patiently waiting.
---
ps. i'm going to be away for a bit, going on a trip.
✌
Bitcoin (BTC) - August 9Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(BTCUSDTPERP 1h Chart)
** On the 1h chart, a sharp move is likely to occur, so a short-term response is recommended.
The four box sections are support and resistance sections.
You need to make sure you can get support and climb on the 23772.9-23896.9 section.
- In the CCI-C indicator, if the CCI line is maintained above the EMA line, it is likely to rise.
- When the Stoch RSI indicator moves out of the oversold zone, you need to check where support and resistance are found.
However, mixed volatility is expected as soon after the RSI indicator has moved out of the overbought zone.
------------------------------------------------------------ -------------------------------------------
** 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.)
---------------------------------
shirt squeeze?i get this feeling that it's possible we could see a significant short squeeze going into the end of this month.
we have the full moon in 3 days, and the market has been very strong going into it.
cpi data on wednesday could be the catalyst for this squeeze.
---
btc is currently poking a major level (labeled as a black box on my chart)
if it could successfully push through it, it'll open a door to this shirt squeeze.
---
there are three major targets overhead:
-25,858
-29,121
-32,796
one of these levels will be the cause of a massive rejection which will send bitcorn tumbling back down into the crypto abyss.
---
ps. i'm not saying that a short squeeze will happen, but i am saying that it's possible that it does happen, and you should be prepared for it just in case (if you're a bear).
btc 8-8 update ~good afternoon,
nice short squeeze last night.
----
despite the shirt squeeze though, btc came up in 3 waves.
unless it takes out the highs at 24695.0, it is going to see one more leg down to anywhere between 22~21k.
> if it takes out the highs, it could potentially squeeze to 26k.
----
cpi data this week, trade light ~
Bitcoin (BTC) - August 8Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(BTCUSDT 1W Chart)
It is important to be able to ascend to the section 27033.35-29812.52.
To do that, we need to see if we can sustain the price above 22579.68.
It is also necessary to check whether it can rise above the diagonal Fibonacci line.
- The Stoch RSI indicator is entering the overbought zone.
When you break out of the overbought zone, you need to see if you can hold the price above 21475.02.
- It is also necessary to check whether the CCI line can rise above the zero point in the CCI-C indicator.
- In order to show a full-fledged upward trend, it must rise above the HA-High indicator.
To do that, you need to shake it up and down to make the HA-High indicator fall.
In addition, a full-fledged uptrend is expected to begin when it rises above 29812.52.
Therefore, it is important to increase the number of coins (tokens) you are investing in by trading in the short term until then. (From a mid- to long-term perspective)
(1D chart)
If the price holds above 22753.10, it is expected to maintain an uptrend.
Primary resistance: around 25K
Secondary resistance: 27K-29K
The sections 21475.02-21838.98 and 22579.68-22753.10 are important support and resistance sections of the uptrend.
therefore,
1st support: 22579.68-22753.10
2nd support: 21475.02-21838.98
- It is necessary to check whether the CCI line can continue its upward trend above the -100 point.
You should also check if the EMA line rises above the -100 point.
- If the MS-Signal indicator maintains an uptrend, it is expected to lead to further upside.
(1h chart)
** On the 1h chart, a sharp move is likely to occur, so a short-term response is recommended.
If the CCI line stays above the EMA line, I expect it to hold its uptrend.
------------------------------------------------------------ -------------------------------------------
** 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 through split trading. It is a short-term investment perspective.)
---------------------------------