Irrational market?Sometimes it goes like this: nice candles, nice patterns but dirty results.
That's why you must never trust this market.
Put a fraction of your asset in crypto buddy.
Crypto market
Worry?Weekly time frame:
We have 3 hammer candles.
We are not much overbought in any time frame.
Today price could be just a shadow in coming days.
No Perpetual trading is recommended.
$btc is come backBitcoin is at resistance at 108,000, and if it breaks through this level, it could grow to 1.8 million. There is a strong possibility of growth.
The end of the story of BitcoinI think that Bitcoin will move in this direction. But if it leaves this channel, the price will rise according to the width of the channel.
Broke The Falling Wedge Bought mine between 1.3 and 1.4 again at the support of 1.73
My game plan
TP 1: 2.34 (take 20% of investment)
TP 2: 2.84 (take 20% of investment)
TP 3: 3.40 (take 20% of investment)
TP 4: 4.14 (take 40% of investment)
Above 4.14 everything will be in profit and let it run will sell 70% on old ATH
When does the altcoinseason start?
ETH/BTC parity is important to define the future altcoinseason.
For the future growth of the market, it is very important that that downward channel is broken at the top.
I posted 2 possible scenarios.
The first currency that will start giving the altcoinseason signal is ETH.
The blue arrow indicates the first zone of greater resistance, it will definitely be broken and I will expect it to touch the old ATH, maybe even surpass it. We have to take into account inflation which will help us in creating a new ATH. Until then, we go with the market and update daily because anything can happen.
Uptrend Channel BreakdownWill this channel decisively break down? Or will it bounce?!
It's a stable uptrend channel... started the 12th of november...
Will it hold?
Take your positions; bulls or bears!
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CO
BITSTAMP:BTCUSD
correction to 80,000It seems likely that a correction to 80,000 is possible. If the 90,000 level is lost, there is a high chance of suffering or worse, moving to lower levels.
Bitcoin continue going downHello crypto traders!
Yesterday I made an analysis, that made some profits for us!
1H and 4H trend is down. So, lets try to catch another successful trade setup here.
Currently, Bitcoin is trading at around $97,000 mark, reflecting a slight pullback from recent highs. The price has recently broken the major ascending trendline, which had provided support for a prolonged period.
Now we expect price to pull back to this trend line (~99,400$ level, I have short limit order here), and continue downward momentum.
I suggest taking profits at 94,700$ mark, this level aligns with strong resistance and 1.618 Fib level.
Don't forget to place stop loss :)
Control your risk while doing trading!
BTCUSD - Rising Channel Breakout Be Confirmed?20SMA - Blue
200SMA - Pink
Key Confluence Areas - Grey Lines
Market Structure Support/Resistance - Green/Red Dashed Lines
Dear Friends: (Away from charts)
It will be prudent to give your mind, body and soul a good rest, to recharge for the new upcoming exciting year!
How I see it:
If today can close outside the rising channel.
The breakout should be re-tested, and if successfully rejected,
a deeper correction is possible.
I deeply appreciate you taking the time to study my analysis and point of view.
flow coin long position opportunityflow coin long position opportunity - analysis only, no advice
target 1 - 7.95
target 2 - 13.8
all time low - 2023
$0.3921
btcusdthi guys .
wait for bitcoin . now Not good place .
Not Enter . Not Buy . Not scalp . Relax... and wath CHART
$LOCKIN Rising Wedge$LOCKIN buy coming up. The inverse chart has a textbook rising wedge. Check Bulkowskis study on this.
GOING TO $90Ksorry to say that price will fall to $90K
and this fact technical is very unpleasant
hope stop soon
HYPE Head and ShoulderHYPE just up when hype
yes many KOL promoted this token "in top"
I dont know how KOL promoted this token in top
