BITCOIN - EVERY BEAR MARKET IS ACCUMULATION MARKETFor now we can see specific range intact as we could have seen in 2018-2020 bear market. The whole cycle is closed in huge channel pattern and for no it looks like we are going to touch median line for the first time from the upside. If this will hold I can see chance to get our bottom and possible spring reaction ending our expanded flat correction.
XBTUSD
We Decided to Buy Bitcoin! Learn Why and How:
SOooooo,
We the yesteday's fundamentals we bought bitcoin after NY opening.
Technical strongly support our decision:
price positively reacted to a strong support,
we spotted multiple rejections and MAs intersection.
Our entry - 30096
Stop loss - 28970
Take profit - 32140
Please, support this signal with like and comment!
Bitcoin (BTC) - June 3hello?
Traders, welcome.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(BTCUSDTPERP 1D Chart)
Primary resistance: around 32275.6
Secondary resistance: around 35280.2
1st support: 29840.6-30437.0
2nd support: around 28951.7
Whether it is supported above 30437.0 is an important factor.
As of June 5th, it is necessary to hold the price above 30437.0 to see if the MS-Signal indicator turns into an uptrend.
The 27054.1-29840.6 zone is a support zone, but if it falls below 28951.7, there is a possibility of further declines, so careful trading is required.
In this case, it may temporarily move below 27054.1 and touch the uptrend line and move higher.
(1h chart)
** A short-term response is recommended as sharp movements are likely to occur on the 1h chart.
Primary resistance: around 30971.3
Secondary resistance: around 32275.6
1st support: around 28951.7
2nd support: 28951.7-29274.3
It should find support above 30437.0 to convert into an uptrend.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(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.)
---------------------------------
btc 6-2 update pt.2i just wanted to say,
i'm long, but i'm entertaining other ideas as well.
always nice to keep an open mind in the market, as there is always opportunity just around the corner if you're ready for it.
usually i have some kinda long exposure, and i attempt little shorts along the way (with extremely tight stops, like $49~$101 in btc's price)
once a successful short is found, i ride it down until the next long opportunity is found in a similar manner.
sometimes the short is a hedge, other times i'll flip short entirely - depends on the situation for the most part.
---
i don't share the trades i take on here, as they are for our private members only; but i do share my thoughts with you all =].
my strategy is quite unique, and difficult to put into words, but do ask me about it if you're interested in learning more; as i'm always happy to share.
---
---
---
this rally doesn't look convincing to me in the slightest - it seems to be trappy by nature.
there are large order blocks over-head, and it seems like it wants to go lower in my opinion.
i will remain long for the time being, and cautiously optimistic - whilst continuing to look for some shorties.
watch the local golden zone overhead for a potential rejection, and pull a fib extension on that.
it should gravitate to the 100% extension after; a deeper expansion is always possible as well.
entertaining something along these lines, but i can't put a timeframe on it.
---
have an awesome day,
and expect the unexpected.
⭐
ps. i've been getting a ton of random hate in the comments from randoms, so going forward i will no longer be reading any of the comments. if you'd like to talk to me, feel free to pm me 🤝
btc 6-2 update ~hi o/ this is just a little bearish idea, it's not my primary - but thought i'd throw it out there.
my primary idea was posted yesterday, check it out here:
---
-whole market is moving up, while bitcorn hangs out in the middle of nowhere, ominously.
-there is still a new moon in the sky, which puts pressure on btc.
-13 more days of pressure, before the bullish door can be opened.
got a feeling btc's just going to hang around this range till then,
might raid some more lows, catch some more stops \ continue with the accumulation phase.
---
ps. there is a bull case to be made with this structure as well,
this market is pretty intense.this market is pretty intense,
so it is important to be strategic.
this is not a "buy and hold" kinda enviroment,
it's a, buy the dips, and sell the rips kinda environment (for now).
the average man - will buy the top out of excitement, and sell the bottom out of fear,
a wolf will buy buy the fear, and sell when the average man gets excited.
----
i made this little spx500 post last week, check it out if you missed it:
i'm expecting a similar situation to play out on bitcoin.
38,39,40kish ; maybe an overthrow of that region, followed by the final dip down to 22.9\23k later this summer.
----
ps. this is just a theory, don't follow me blindly just because the picture looks pretty. do your own dd + research, and follow Your plan.
✌
Bitcoin (BTC) - June 2hello?
Traders, welcome.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(BTCUSDT 1M Chart)
Resistance: 35045.0-38150.02
Support: 27033.35-29812.52
The key is whether the price can be maintained above 29812.52.
(1W chart)
Primary resistance: around 32259.90
Secondary resistance: 35045.0-38150.02
1st support: 28923.63-29812.52
2nd support: around 27033.35
You need to see if the stock can break out of the oversold zone of the RSI.
(1D chart)
Whether or not it can be supported above 28923.63 is an important factor.
In the short-term and medium-term perspective, it needs to move above 30444.93 to turn into an uptrend.
The next volatility period is around June 5 (June 4-6).
------------------------------------------------------------ -------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(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.)
---------------------------------
btc 6\1 update ~morning,
my primary idea remains in tact,
but there is a far more bullish scenario that could be at play right now.
if 30.7k fails to hold, btc will see a slightly deeper retracement (potentially to around 30k, maybe a fake out below it)
followed by a rip to 40k.
i'm not going to talk too much about it right now, but if you're reading this - you'll know.
---
ETHEREUM - 2016 REACCUMULATION PATTERN REPEATS?While everybody over and over keeps repeating that this cycle is "different" we had exacly same pattern of reaccumulation scheme on ETH in 2016 before a start of one year parabolic grows.
Actual "expanded flat" looks pretty much the same as that one in 2016. Let's see how it goes.
Bitcoin (BTC) - June 1hello?
Traders, welcome.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(BTCUSDT 1M Chart)
Resistance: 35045.0-38150.02
Support: 27033.35-29812.52
(1W chart)
Primary resistance: around 32259.90
Secondary resistance: around 35286.51
The key is whether we can break out of the RSI oversold zone this week.
----------------------------------------------
(BTCUSDTPERP 1D Chart)
Primary resistance: around 32275.6
Secondary resistance: around 35280.2
1st support: 29840.6-30437.0
2nd support: around 28951.7
As it moved higher than 30437.0, the key was whether support was found above 30437.0.
As of June 5th, it is necessary to hold the price above 30437.0 to see if the MS-Signal indicator turns into an uptrend.
From a short-term and medium-term perspective, we should see support above 32275.6 in order to turn into a clear uptrend.
(1h chart)
** A short-term response is recommended as sharp movements are likely to occur on the 1h chart.
Resistance: around 32275.6
Support: 30437.0-30971.3
You should check if there is movement based on the 31573.7-31789.2 section.
We expect a momentary spike in volume to break out of support and resistance.
So, if not, you should trade cautiously as you are expected to move sideways within the support and resistance zones.
If the breakout attempt fails again this time since the 32275.6 point was touched twice, further declines are expected.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(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.)
---------------------------------
btc 5-31 update~firstly, i'd like to just say there is a new moon in the sky
a time for new beginnings.
----
secondly, the bitcorn influencers are back with the whole "da bottom is in" narrative.
one more quick flush out to that low 20k range
before a real run could begin.
will be flipping my long for 1400% at 33,333 into a short
target on the final fifth at 23k.
22.9k if you want the wick.
🌙
bitcoin low tf analysislow tf analysis is showing a near term down,
1. within 170 - 200 band
2. anti-Gartley
3. previous wicks filled
4. fisher hyper extended
PA doesn't say immediate down, but the 4 aforementioned "indications", say otherwise.
"Is Bitcoin’s price recovery being supported by Lightning Network’s growth" - ambcrypto.com
if this is true, btc will have to "re-adjust" its levels, aka it'll go down/
Near term down, imo.
Bitcoin (BTC) - May 31hello?
Traders, welcome.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(BTCUSDT 1W Chart)
Resistance: around 38150.02
Strong support: 27033.35-29812.52
It moved higher near 32259.90, breaking out of the RSI oversold zone.
If they do, they should check to see if support is found above the 291812.52 level.
In order to continue the uptrend from the current point in the mid- to long-term perspective, it should rise above 37253.81.
To get out of the RSI oversold zone completely, it needs to rise above 32259.90 to find support.
Since the indicator points shown at 32259.90 and 35045.0 are inverted, there is always potential for extreme volatility.
(1D chart)
Primary resistance: around 32259.90
Secondary resistance: around 35045.0
Strong support: 27033.35-29812.52
- 28923.63-29812.52
- Around 27033.35
If the price holds above 30444.93, it is expected to turn into an uptrend in the short and medium term.
If it finds support at 32259.90, I would expect it to move higher than 35286.51.
The next volatility period is around June 5 (June 4-6).
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(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.)
---------------------------------
btc 5-30 update ~good morning ~
finally got some action going on after moving sideways for awhile.
---
i don't think i've shared my primary count for the local zone down here, just trajectories.
so here you are.
---
the way i'm seeing this right now,
bears got too comfortable,
and now the market is going to make them feel uncomfortable.
🐺
never underestimate the bulls, as this is their market at the end of the day
bears are just visitors, so they gotta respect the space.
eyeing 33k as a potential top (fueled by short liquidations), before another decline into the crypto abyss
BTC time to breakout? BTC is ready for the breakout in 4H timeframe.
I don't know is it a true breakout or just fake, But it's a good spot to open long with a risk ratio 1:5
I will pray for all people who lost money in LUNA and UST to have a chance to recover their balance on market. In a fair fight.
Thanks,
V.
Bitcoin (BTC) - May 30hello?
Traders, welcome.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(BTCUSDTPERP 1D Chart)
Primary resistance: around 32275.6
Secondary resistance: around 35280.2
Support: 27054.1-29840.6
The 27054.1-29840.6 zone is an important support and resistance zone.
The key is whether the 27054.1-29840.6 zone can support and move up.
In the short-term and medium-term perspective, it needs to rise above 30437.0 and find support to turn into an uptrend.
The next volatility period is around June 5th.
(1h chart)
** A short-term response is recommended as sharp movements are likely to occur on the 1h chart.
The section 28951.7-29840.6 passes the CCI -100 point.
Therefore, it is important to keep the price above the 28951.7-29840.6 interval.
However, since the 27054.1-29840.6 section is a strong support section, it may temporarily touch the 27054.1 area and rise, so careful trading is required.
On the 1h chart, there is a possibility of volatility as of June 1st, so you need to trade with caution.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(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.)
---------------------------------
hidden bearish divergence.btc is printing a pretty hefty hidden bearish divergence on the daily,
just what i like to see, after a bullish divergence and a pop lol.
pulled like 400% on the pop, and i'm rolling some profits into a short.
was hoping for higher prices, but it doesn't look very probable right now.
once btc pivots, i reckon it goes down until the next full moon, which is in about 2 weeks
---
ps. this dip might be the final phase in the accumulation schematic (aka, the spring phase).
Bitcoin (BTC) - May 29hello?
Traders, welcome.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(BTCUSDT 1W Chart)
Resistance: around 38150.02
Strong support: 27033.35-29812.52
The key is whether you can get support in the section 27033.35-29812.52.
In particular, it is important to find support above 28923.63 to break out of the RSI oversold zone.
From a mid- to long-term perspective, it needs to rise above 38150.02 to continue the uptrend.
(1D chart)
Primary resistance: around 32259.90
Secondary resistance: around 35045.0
Strong support: 27033.35-29812.52
- 28923.63-29812.52
- Around 27033.35
The key is to find support at the 28923.63-29812.52 zone and move higher than 30444.93.
If it moves lower from 28923.63, they should check to see if support is found near 27033.35.
In the short-term and medium-term perspective, it needs to move above 30444.93 and find support to turn into an uptrend.
The next volatility period is around June 5th.
Most of the coins are falling near the bottom.
At such a time, I think that it is necessary to check the movement of major coins that are expanding the ecosystem in the coin market and establish a strategy for mid- to long-term investment.
I think deposit services (earn, staking, landing, farm, etc.) that are developing while complementing the pros and cons of DeFi are this year's hot issue.
The coins that are expanding the ecosystem with these services are the major coins mentioned above.
The service that funds are tied to the coin ecosystem will lead to the expansion of the coin market and the expansion of the real industry.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(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.)
---------------------------------
bullish divergence bitcoin has bullish divergence on various oscillators, as well on numerous timeframes.
the one shown here is the daily.
bullish volume divergence
currently in a daily squeeze.
---
the move out of this range will be quite large,
likely around 7~10k.
it can most certainly go in either direction, but that's what stops are for.
---
i'm quite bullish on btc right now, and i will continue to be while the chart looks the way that it does.
good chance we're in an accumulation phase, and the mark up phase will begin one of these days.
almost expecting a raid of the lows(spring phase) before we pop, but it doesn't have to happen.
---
bullish targets are green
bearish target is red.
have a nice weekend 🍀
Bitcoin (BTC) - May 28hello?
Traders, welcome.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(BTCUSDTPERP 1D Chart)
Primary resistance: around 32275.6
Secondary resistance: around 35280.2
Support: 27054.1-29840.6
The 27054.1-29840.6 zone is an important support and resistance zone.
The key is whether the 27054.1-29840.6 zone can support and move up.
In the short-term and medium-term perspective, it needs to rise above 30437.0 and find support to turn into an uptrend.
The next volatility period is around June 5th.
(1h chart)
** A short-term response is recommended as sharp movements are likely to occur on the 1h chart.
The section 28951.7-29840.6 passes the CCI -100 point.
Therefore, it is important to keep the price above the 28951.7-29840.6 interval.
However, since the 27054.1-29840.6 section is a strong support section, it may temporarily touch the 27054.1 area and rise, so careful trading is required.
As of May 29th on the 1h chart, there is a possibility of volatility, so trade with caution.
This volatility has the potential to start a trend with a break from the 27054.1-30971.3 interval.
However, there is a possibility that the trend will continue in the opposite direction with a fake.
This is because it is likely a fake moving sharply in the opposite direction before departure.
------------------------------------------------------------ -------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(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.)
---------------------------------