Bitcoin (BTC) - March 24Hello?
Traders, welcome.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(XBTUSD 1W Chart) - Mid-Long-Term Perspective
Above the 27650.0-29350.0 section: An uptrend expected to continue.
The 42084.0-47010.0 section is a support section for creating a new wave.
27650.0-33101.0 section: strong support section
If it falls below the 37265.0 point, there is a possibility that it will move towards the 32290.5 point.
(1D chart)
Resistance section: 46695.0-49518.0
Support section: 26932.0-29755.5
If the price is maintained above the 40163.5-42084.0 zone, it is expected to turn into an uptrend.
So, you need to make sure you can get support above the 42084.0 point.
The next most volatile period is around April 13th.
------------------------------------------
(BTCUSDTPERP 1h Chart)
(UTC)
** Things to check when ascending
- See if you can get support and move up above the 42125.5 point
- Whether or not an attempt will be made to break through point 45163.4
- Whether you can get support by rising to the 46559.4-49345.5 section
** Things to check when dropping
- Check if support can be received in the first 39642.8-40189.4 section
- Check if support can be received in the second section 37243.4-38547.8
- If it falls below the 37243.4 point, there is a possibility that it will fall to the 32K range, so careful trading is necessary.
The uptrend is likely to continue as the +100 indicator included in the MRHAB-O indicator declines and the price finds support and rises at that indicator point.
However, it is important to see if the price is maintained above the M-Signal line of the 1W chart.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** 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.)
---------------------------------
XBTUSD
BTCUSD broke above trendline, bullish continuation to $45,000BTCUSD
price broke above trendline and after a correction/pullback price might start its bullish continuation towards next resistance.
Push LIKE & SUPPORT the Idea...
*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 (BTC) - March 23Hello?
Traders, welcome.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(BTCUSDT 1W Chart) - Mid-Long-Term Perspective
28130.0-29300.0 or higher: Expected to continue upward trend
41950.0-46930.0 or more: Expected to create a new wave.
Strong support section: 28K-32K
(1D chart)
Resistance section: 46487.52-49266.69
Support section: 27033.35-29812.52
It is important to keep the price above 40100.0 to break out of the bottom section.
The price must remain above the 41950.0-42373.73 band to transition into an uptrend.
Therefore, it forms a box section in the section 37253.81-42373.73, and if the price is maintained in the section 40100.0-42373.73, the altcoin volatility is expected to increase.
The 46487.52-46266.69 interval is an important interval that determines the trend.
The 40100.0-42373.73 section is a section that transitions from the bottom section to an uptrend, so this section is also an important section that can change the trend.
The next volatility period is around April 8th.
On the wRSI_SR indicator, check whether the movement between March 28-04 01 is following the uptrend line or the RS line is falling below the 50 point.
At this time, you should check the movement of the BTC price in any of the examples below.
- See if you can try to break through the downtrend line (a) drawn near the 45135.66 point
- Maintain price above the 41950.0 section to see if it turns into an uptrend
- Check if it falls to the section 37253.81-38150.02
------------------------------------------------------------ --
(BTCUSDTPERP 1h Chart)
(UTC)
Above the M-Signal on the 1W chart, we need to see if we can turn to an uptrend by moving above the 42567.2 point.
If the price holds above the 42567.2 point, it is expected to lead to an attempt to break through the 45163.4 point.
However, new support and resistance are forming at the 42567.2 point, so we need to check what kind of movement is coming from the 42567.2 point.
- You need support above the 42125.5 point to turn into an uptrend.
- In order to get out of the floor section, you must be supported at least at 39642.8.
- It should find support above the 37243.4 point to avoid turning into a downtrend.
If it falls below the 37243.4 point, it is expected to decline to the 32K level.
------------------------------------------------------------ -------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** 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.)
---------------------------------
Bitcoin (BTC) - March 22Hello?
Traders, welcome.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(XBTUSD 1W Chart) - Mid-Long-Term Perspective
Above the 27650.0-29350.0 section: An uptrend expected to continue.
The 42084.0-47010.0 section is a support section for creating a new wave.
27650.0-33101.0 section: strong support section
If it falls below the 37265.0 point, there is a possibility that it will move towards the 32290.5 point.
(1D chart)
Resistance section: 46695.0-49518.0
Support section: 26932.0-29755.5
If the price is maintained above the 40163.5-42084.0 zone, it is expected to turn into an uptrend.
Therefore, it is necessary to check the movement between March 20-23.
Attempts to reverse the trend continue to emerge as the Bollinger Bands begin to contract, frequently crossing the M-Signal on the 1W chart.
Therefore, it is important to keep the price above 42084.0 (minimum 40163.5) to reverse the trend.
The next most volatile period is around April 13th.
------------------------------------------
(BTCUSDTPERP 1h Chart)
(UTC)
Support section: 39642.8-40417.9
Volatility is likely to occur as it moves off the 41037.3-41273.2 interval.
If the price holds above 41037.3, I expect an attempt to break through the 42125.5 point.
------------------------------------------
(BTC.D + USDT.D chart)
BTC Dominance is finding resistance at 43.75.
We need to see if the USDT dominance can move below the 4.158 point as it declines from the uptrend line (1).
Looking at the USDT dominance chart, around March 26-April 7 is the volatility period.
------------------------------------------
(USDT + USDC chart)
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves.
------------------------------------------------------------ -----------------------------------------------------
** 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-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** 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 3-21 update ~good afternoon peoples ~
i got a feeling we're going to see a continuation of the mini alt season that's currently at play,
alts should in theory continue to run until around april 1st.
april 1-2, i think we see a significant pivot to the downside,
and i think crypto bottoms out by mid june in the 19~24k range.
this area is in confluence with the 55monthly ema \\ 200 weekly ma.
historically speaking, btc has tested these two moving averages in every single cycle before the next bull run begun.
---
ps. not going to share a chart on this one, but watch ape\usdt, i think it runs 100% from current levels.
keep a decent sized stop if you play, and don't forget to take profit ;).
💰
Bitcoin Analyze (Short Term, Timeframe 15min)!!!Bitcoin is completing its Double Three Correction by Expanding Triangle, the target of Point E of the triangle can :
🎯Target 1🎯: 41580$ until 41130$
🎯Target 2🎯: 45270$ until 43360$
Bitcoin Analyze ( BTCUSDT ) Timeframe 15min⏰
🟢Support Zone: 37000$ until 36600$ = Cluster of Fibs + Important Support Line
🔴Heavy Resistance Zone: 45270$ until 43360 = Resistance Lines + Cluster of Fibs
Do not forget to put Stop loss for your positions (For every position 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.
BTCUSDSometimes the market will create the illusion that a breakout is occuring through these levels drawing in the chart ( SFP - swing failiar pattern ) unsuspecting traders into very bad positions. weak traders enter a btcusd trade from impulsive reactions triggered bu events like this. once all the suckers are positioned in on the bad move the market will pull back the curtain and reveal its true intentions...
The break through the 2H candles level was a classic bull trap and obsolutely destroyed everyone who jumped in with the buying frenzy. Avoid trading into these major turning points on the unless you have a damn good reason.
Focus on trading away fromn these mojor turning points. Use strong reversal signals on chart or by waiting for a breakout then a restest from the other end.
best luck...
Revisiting BTCTime to start dusting down our BTC charts...
It's been a few since we've looked at this in great detail, time to dig deeper and pick out some key areas to start monitoring for doing business in
From a waves perspective, despite the retrace, Buyers are in full control with $218,000 now the next target in the crosshairs.
XBTUSD directional bias also has very important characteristics and implications for a retreat in US hegemony with further instability across democracies expected until we (the people) decisively level up our technologies, voting systems etc.
Eyeballing momentum for later this year as we advance into this new world via CBDCs. Grab what you can. Preemptive positioning and loading at current levels is the name of the game.
Bitcoin (BTC) - March 20Hello?
Traders, welcome.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(XBTUSD 1W Chart) - Mid-Long-Term Perspective
Above the 27650.0-29350.0 section: An uptrend expected to continue.
The 42084.0-47010.0 section is a support section for creating a new wave.
27650.0-33101.0 section: strong support section
If it falls below the 37265.0 point, there is a possibility that it will move towards the 32290.5 point.
(1D chart)
Resistance section: 46695.0-49518.0
Support section: 26932.0-29755.5
If the price is maintained above the 40163.5-42084.0 zone, it is expected to turn into an uptrend.
Therefore, it is necessary to check the movement between March 20-23.
Attempts to reverse the trend continue to emerge as the Bollinger Bands begin to contract, frequently crossing the M-Signal on the 1W chart.
Therefore, it is important to keep the price above 42084.0 (minimum 40163.5) to reverse the trend.
The next most volatile period is around April 13th.
------------------------------------------
(BTCUSDTPERP 1h Chart)
(UTC)
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves.
------------------------------------------------------------ -----------------------------------------------------
** 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-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** 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 3-17 update~good afternoon,
been on the sidelines last week or so just observing price action, and allowing the market to show me what it actually wants.
i think i've got a pretty solid case to make from here.
so long as btc stays below 42698.0, a 20% drop is expected
if it breaks above 42698.0, a short squeeze will be triggered, and will invalidate my idea entirely.
i think btc stays flat for the most part, until around sunday evening
on sunday we see 1 final spike up, and this move will be for shorting with a hard stop $1 above $42698.0.
alts might run through the weekend while btc stalls out \ btc.d declines.
downside target sits at 31k before anymore longs can be safely taken.
✌
Bitcoin (BTC) - March 19Hello?
Traders, welcome.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(BTCUSDT 1W Chart) - Mid-Long-Term Perspective
28130.0-29300.0 or higher: Expected to continue upward trend
41950.0-46930.0 or more: Expected to create a new wave.
Strong support section: 28K-32K
(1D chart)
Resistance section: 46487.52-49266.69
Support section: 27033.35-29812.52
It is important to keep the price above 40100.0 to break out of the bottom zone.
The price must remain above the 41950.0-42373.73 band to transition into an uptrend.
The next volatility period is around April 8th.
However, it is necessary to check whether it rises along the rising channel between around March 20-38.
------------------------------------------------------------ --
(BTCUSDTPERP 1h Chart)
(UTC)
It is important to keep the price above the M-Signal on the 1D chart.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** 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.)
---------------------------------
Bitcoin (BTC), BTC.D, USDT.D - March 18Hello?
Traders, welcome.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(XBTUSD 1W Chart) - Mid-Long-Term Perspective
Above the 27650.0-29350.0 section: An uptrend expected to continue.
The 42084.0-47010.0 section is a support section for creating a new wave.
27650.0-33101.0 section: strong support section
To transition into an uptrend, the price must rise above 42084.0 to hold the price.
However, as the 60SMA is located near 47010.0, it is expected that it will take some more time for it to lead to an uptrend.
If it falls below the 37265.0 point, there is a possibility that it will move towards the 32290.5 point.
In the medium term, the next period of volatility is the week that includes May 9th.
------------------------------------------------------------ ------------
(BTC.D 1W + USDT.D 1D chart)
In order for the coin market to show an upward trend,
1. If the BTC price shows a leading rise
From a long-term perspective, BTC price is on an upward trend.
However, since the price has been falling for more than three months, it cannot be regarded as an upward trend from a short-term or medium-term perspective.
Therefore, it is expected that BTC price should rise above 46K-49K to continue the upward trend.
So, I think BTC dominance should show an upward trend until the BTC price rises around 46K-49K.
Therefore, BTC dominance is expected to rise near the 48.81 point and then decline again.
2. When the ETH (altcoin) price shows a leading rise
There are times when the price of ETH rises predominantly or the altcoin rises first, leading to a flat or gradual rise in the price of BTC.
In this case, it is expected that the price increase of the coin market will move slowly.
In all of the above cases, for the coin market to show an uptrend, the USDT dominance must show a downtrend.
Therefore, it is important to lead to a downward movement below the uptrend line (1) during the volatility period of USDT dominance around March 26 - around April 7.
A full-fledged downtrend in USDT dominance is expected to begin with a fall below 4.158.
------------------------------------------------------------ -----------------------------------------------------
** 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-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** 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.)
---------------------------------
Bitcoin (BTC) • Slow accumulation rangeAs we keep printing all sorts of shenanigans is important to realise that Bitcoin has not dumping hard on bad news in last few weeks.
We keep trading above 35k and we have the orderbooks plus futures showing promising data.
Being placed towards the short side or being entirely sidelined is a risk of missing a possible sudden major upside move.
As i describe in the video we can definitely see some sort of fast revisit into lows where i see the 35-33k a compelling zone to buy.
Major upside target probably sit around 50k OR more extended towards the 58k and the most important upper side range limit.
The overall my investment strategy is to be long with prudent risk-management.
Unless I start seeing anything that really suggest market is changing. For the moment everything we looked at in this video is mostly looking bullish despite lower prices, macro environment and sideway price action.
For those interested you can get access to the same premium indicators I personally use by checking the website in the signature section bellow.
Bitcoin (BTC) - March 16Hello?
Traders, welcome.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(XBTUSD 1W Chart) - Mid-Long-Term Perspective
Above the 27650.0-29350.0 section: An uptrend expected to continue.
The 42084.0-47010.0 section is a support section for creating a new wave.
27650.0-33101.0 section: strong support section
If it falls below the 37265.0 point, there is a possibility that it will move towards the 32290.5 point.
(1D chart)
Resistance section: 46695.0-49518.0
Support section: 26932.0-29755.5
Convergence interval of Bollinger Bands: approximately 35028.0-45211.0
If you climb above the 40163.5 point, you are expected to break out of the bottom section.
The price must remain above the 42084.0 point to turn into an uptrend.
The next most volatile period is around April 13th.
However, if you do not deviate from the convergence of the Bollinger Bands, you should watch closely for the movement of the volatility period around March 21st.
(1h chart)
- Important sections formed in the 1h chart
Low, downtrend reversal, support section: 37825.0-38580.5
High, uptrend reversal, resistance section: around 42084.0
------------------------------------------
(BTCUSDTPERP 1h Chart)
(UTC)
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves.
------------------------------------------------------------ -----------------------------------------------------
** 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-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** 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.)
---------------------------------
20k.good morning,
after further observing price action over these last few days, something doesn't feel right.
----
was browsing through a ton of peoples ideas, and everyone seems to have arrows pointing upwards.
people are under the impression that we're in a phase of accumulation, similar to last summer - so i have to make a bearish argument against the majority.
i believe btc is playing out a massive wyckoff distribution phase
i think we're in phase D right now, which marks a massive sign of weakness in the market.
----
btc continues to backtest the 21 monthly ema for the third month in a row, with no real signs of strength.
the last time this happened was in 2018, and we all know what followed after.
a support can only hold for so long before it breaks,
and the next support sits in the low 20k range.
----
to conclude, i think btc will see a sharp 50% decline over the next few months to flush out the last of the moonbois.
only then will we run to 200k.
i remain to be:
short term bearish
midterm bearish
long term very bullish.
ps. if it comes back up to the top of my local triangle, i'll short it.
cash till then.
✌
BTCUSD below Asc. trendline, more downside expectedBTCUSD
The price broke below Ascending trendline , If price continues to stay below the trendline and resistance structure I expect the price to move lower towards next support structure
Push LIKE & SUPPORT the Idea...
*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
Bitcoin (BTC) - March 14Hello?
Traders, welcome.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(XBTUSD 1W Chart) - Mid-Long-Term Perspective
Above the 27650.0-29350.0 section: An uptrend expected to continue.
The 42084.0-47010.0 section is a support section for creating a new wave.
27650.0-33101.0 section: strong support section
(1D chart)
Resistance section: 46695.0-49518.0
Support section: 26932.0-29755.5
The convergence interval is approximately 35028.0-45211.0 interval.
If the price falls below the 37265.0 point, there is a possibility that it will fall near the 32290.5 point, so you need to trade cautiously.
The price must remain above the 42084.0 point to turn into an uptrend.
The next most volatile period is around April 13th.
However, if you do not deviate from the convergence of the Bollinger Bands, you should watch closely for the movement of the volatility period around March 21st.
(1h chart)
If it falls below the 37265.0-38225.0 section, there is a possibility that it may fall below the 32290.5 point, so a short-term stop loss is required.
- Important sections formed in the 1h chart
Low, downtrend reversal, support section: 38580.5-39239.5
High, uptrend reversal, resistance section: 42022.5-42238.8
Therefore, when the price is maintained above the range of 37265.0-38225.0, the box section as above is formed.
If it rises above the 42022.5-42238.8 section, an attempt to climb above the 45211.0 point is expected.
------------------------------------------
(BTCUSDTPERP 1h Chart)
(UTC)
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves.
------------------------------------------------------------ -----------------------------------------------------
** 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-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** 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 3-14 update ~good evening,
crypto has been in quite the funk lately,
my only explanation for this sort of price action is we're in a triangle.
technically a triangle within a triangle.
double the chop, double the accumulation.
---
i do believe the local abcde has been completed into wave B or wave X,
and now we're in the midst of the early stages of beginning wave C\Y.
bullish invalidation is quite tight, right at 37.1k
a break below this level will put us into something a tad more complex; will talk more about it if it was to happen.
C\Y target = 52k.
BITCOIN - Be preparedThe first correction that happened in May 2021 marked the first ABC of this correction sequence.
Intermediate Wave (W) consists of a subwave WXY. Wave Y consists of another WXY pattern (which explains the insane choppiness of price action from May 19,2021 - July 20, 2021)
Intermediate Wave (X) is pretty straight forward and consist of a ZigZag ABC pattern
Intermediate Wave (Y) is where it gets scary. We have an impulse wave (12345) followed by an abc followed by another impulse wave down.... not done yet
This could have marked the final corrective wave BUT the nature of recent price action makes me think otherwise.
As shown in what may be a possible triangle, this may be the wave x out of (wxy) - meaning we may see one more leg down to finalize this correction
Currently, I have the bottom projected at around 26-29K. Sounds insane but thats what this markets been. Insanity.
Expect the unexpected.
Bitcoin (BTC) - March 12Hello?
Traders, welcome.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(XBTUSD 1h chart)
An important support for the current price range is the 37265.0-38225.0 range.
If it falls below the 37265.0-38225.0 section, there is a possibility that it may fall below the 32290.5 point, so a short-term stop loss is required.
If it goes down, I think it is a pull back pattern that can be seen when forming a bottom section.
- Important sections formed in the 1h chart
Low, downtrend reversal, support section: 38580.5-39239.5
High, uptrend reversal, resistance section: 42022.5-42238.8
Therefore, when the price is maintained above the range of 37265.0-38225.0, the box section as above is formed.
If it rises above the 42022.5-42238.8 section, an attempt to climb above the 45211.0 point is expected.
A significant period of volatility on the 1h chart is around March 14th.
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(BTCUSDTPERP 1h Chart)
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** 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.)
---------------------------------
Bitcoin Analyze (Similar Movements ❗️❓)⚖️In this post, I tried to use from Pi Cycle Top Indicator for finding similar movements between two cycles, First cycle:2013-2014-2015 , Second cycle : 2020_2021_2022 .
🔅 Indicator Overview 🔅
The Pi Cycle Top Indicator has historically been effective in picking out the timing of market cycle highs to within 3 days.
It uses the 111-day moving average (111DMA) and a newly created multiple of the 350-day moving average, the 350DMA x 2.
Note: The multiple is of the price values of the 350DMA not the number of days.
For the past three market cycles, when the 111DMA moves up and crosses the 350DMA x 2 we see that it coincides with the price of Bitcoin peaking.
It is also interesting to note that 350 / 111 is 3.153, which is very close to Pi = 3.142. In fact, it is the closest we can get to Pi when dividing 350 by another whole number.
It once again demonstrates the cyclical nature of Bitcoin price action over long time frames. Though in this instance it does so with a high degree of accuracy over the past 7 years.
🔴I was able to find 5 similar movements between two periods and according to my counting waves (My previous posts), I think that the sixth movement at cycle 2 will happen like cycle 1 .
What is your idea about these movements ❗️❓
Do not forget to put Stop loss for your positions (For every position 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 (Symmetrical Triangle)❗️❓🧐It seems Bitcoin wants to make a Symmetrical Triangle . Also, it was able to find the points A-B-C of the triangle.
Bitcoin Analyze ( BTCUSDT ) Timeframe Daily ⏰ (Log Scale)
Point D of the Triangle can be around 35000$ , and if Bitcoin breaks the Important Support Line , my scenario will be changing. Still, I expect that Bitcoin will go up again from 35000$ , and then the Point E of Triangle will be a critical point for us.
🔴 Resistance Zones 🔴 & 🟢 Support Zones 🟢 that we have in front of Bitcoin.
🔴 Resistance zone on Bitcoin's way:
🔴 Resistance zone : 50830$ until 49400$ (Resistance + Cluster of Fibs+ SMA200 (TF Daily))
🔴 Heavy Resistance zone : 46020$ until 43100$ (Resistance + Cluster of Fibs + SMA100 (TF Daily))
🔴 Resistance zone : 40220$ until 39400$ (Resistance + Cluster of Fibs+ SMA50 (TF Daily))
🟢 Support zone on Bitcoin's way:
🟢 Support zone : Around 35000$ (Support+ Important Support Line,)
🟢 Heavy Support zone : 30650$ until 29200$ (Support + Cluster of Fibs)
Do not forget to put Stop loss for your positions (For every position 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