BitcoinBTCUSDT parabolic
waiting for a correction to the trend line
Over the last hour, $ 217 million was liquidated.
Binance and huobi shorts are mostly liquidated. Bitmex only ranks 5th in terms of liquidity.
According to bybit, over the past 24 hours more than 35k traders have been liquidated on all platforms, about 32k of them have been shorting.
Best regards EXCAVO
Xbtusdt
BTC's final form.. over 9000.This is one of the many paths bitcoin could take over the coming months. I think this is the logical play if we're to head to the top of the range, while also factoring in the CME and BAKKT gaps that exist.
It's typical for a walling wedge to have an inverse head and shoulder at the bottom of it, and the right shoulder being the retest of the breached resistance, now support.
Publishing for e-peen/clout reasons, or to be scrolled past in hopes no one sees if it's wrong later ... ... haha
Red? or Blue?Take a look at these channels ...
We are living in a side way market for now ...
Blue channel trying to tell us the uptrend to 11k and 12k, but we have serious resistance lines there such as 10800 !
I have to say, rejection of these lines will head us to the bottom line! 10500 is our first support(Its doing well for now... but for how long??)
We have confirmation of these lines by rsi, so we should be careful, breaking of 10800 will head us to test 11k area.
***(I should say Im still here for 10200)***
If you liked it, please hit the like button, share and write your comments and follow me, thanks for reading.
Take care, trade safe and GOOD LUCK(ALWAYS WEAR A FACE MASK!).
BitcoinLow sales amid negative news from Bitmex- "Bucket shop" .
en.wikipedia.org(stock_market)
The fact of the news was known back at 1:00 PM UTC = as witness the walls of sell orders on the Binance exchange.
It is still problematic to swing buyers for the sale of coins. And 10,500 could be a stop for this sell idea.
There is still a support zone of 10,300, and sellers will apparently have even less strength there.
Now we will go test reisitance line of the yellow channel
Best regards EXCAVO
BitcoinLocally, Bitcoin is consolidating near the middle line of the large trend channel.
If the price breaks the previous resistance level (~ 10800), we will probably test the supply zone and the main resistance line.
Another way: it could break the support level (~10500) and sharply go down to the demand zone.
Best regards, EXCAVO
Neutral affects on BTC BINANCE:BTCUSDT
Hello everyone.
As we can see :
- reject from 200 MA
- moving into Ribbon EMA
- bearish stochastic RSI ( on multiple time frame )
- our scalping indicator is being bullish but for now its neutral too
- MACD is being bearish ( on multiple time frame )
- RSI is moving upward on 4H timeframe
- also our indicator is being range again on marked area ( 10880 - 10420 ) on 4 & 12 hours timeframes
- short call from Helical indicator before today is dumping
most of authors said that BTC is being short now ! So we will follow them as well but there is a possible movement from BTC to being range !
we noticed that Helical indicator is being range on 4 & 12 hours timeframes.
also we have a rejection from 200 MA and trending in Ribbon EMAs ( 20-55 EMA ).
So at the end :
- market is neutral and our indicator is being range for next few days.
- most of authors are being bearish so there is opportunity for BTC to retest liquidity pool at 10200$
after all I have to mention that we have our own indicators and this TA is our own vision from BTC !!
Attention : this is not a financial advise we just try to help people on their own vision.
HAVE A GOOD DAY
- Helical_Trades
10000 ~ 10300 is possibleFirst of all, Hi :D Glad to see you again ;)
Guys I have different views here in different TF's
But they are all talking about 1thing here !
10k is coming!(Because of confirmation as our bottom)
So, I recommend you to watch clearly and focus on 10900 resistance! you see a break out, this idea is not trusty.
Otherwise, 10k will be touch.
If you liked it, please hit the like button, share and write your comments and follow me, thanks for reading.
Take care, trade safe and GOOD LUCK(ALWAYS WEAR A FACE MASK!).