2 bullish butterfly pattern spotted?hello traders,
Bullish butterfly patterns spotted on lower time frames,...
target 53K and 55.5k
SL=tight, might reenter if hit
lets see
de
BVOL24H trade ideas
Bears are hoisting their flags!I think Bitcoin is moving toward 46-45k and Ethereum will touch 3900-4000 soon!
Flag Pattern:(Investopedia)
A flag pattern, in technical analysis, is a price chart characterized by a sharp countertrend (the flag) succeeding a short-lived trend (the flag pole).
Flag patterns are accompanied by representative volume indicators as well as price action.
Flag patterns signify trend reversals or breakouts after a period of consolidation.
You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these charts!
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
Reference article:
www.investopedia.com
Long initI mean, what am I supposed to write here....
Like
for real
if I am wrong
I am wrong
but I like those odds
a complete elliott wave cycle!!!I think it will happen Because the price has gone below the price equilibrium line (blue line).
BTC Short Term UpdateIf this is the beginning of a larger impulse wave; expect a 1-5 impulse into the overhead resistance then a higher low (wave two) to confirm a bottom. Prices and times of this wave as outlined are purely conjecture to show a road map.
$BTCUSDTRinse, Recycle, Repeat 2018 Christmas run.
My analyze on BTC/USDT into Holidays before its major run.
**New era of BTC**
BTCUSD fa_traders1ma 200 plays a very important role
If Bitcoin can hold its own at the top of this move in time
And even if it builds a new floor at lower times but does not fall below the 39600 range
In fact, we can hope for a higher floor and ceiling structure
But if it stays above 200 in the time frame, there is a lot of hope that the bears will lose.
otherwise
The scenario I hit and analyzed on October 20
The market will arrive much earlier than everyone imagined in the crypto winter.
Moving Toward 52500 ..!bitcoin Got rejected from 50EMA in the past 3 tries!
It seems BTC may move toward 52500 soon!
You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these charts!
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
Bitcoinin my opinion 2021 bitcoin price structure is so similair to 2017 but the only difference is timing and is taking longer time in this cycle for us to reach to the top
BTC short bearish divergencebig wick down and also hidden bearish divergence in RSI. last dip for BTC before moonecember
Bitcoin BottomBitcoin is currently testing 38.2 Fib level which is a extremely strong level of support.
BTC indepth EW analysisProviding this count is correct we have had a major wave 1,2,3 and currently finishing the 4 before the final 5th up. Wave 1. An A, elongated B, C as a 3-3-3.(wave 4). Wave 3. A, elongated B, C
The count would be as follows:
Wave 1.
Corrective - A, elongated B, C. (3-3-3)
Wave 3.
Corrective - A, elongated B, *currently doing the C*. (3-3-5)
This count would be invalidated below around $48,200.
Further confluence to this count will be posted below.
TL;DR
Short term bearish. Medium term b000000lish.
BTC downside Wedging 52k imminentAs the title suggest this ugly price action with brutal whipsaws to the upside and downside, are morphing into what we call a finite diagonal
If this is true then the potential targets would be the lower boundary of the wedge, which would be around 52k before another relief rally
cheers
Bitcoin action December 2021BTC consolidating now for the next week or so before a breakout to the upside I hope! I have all trend lines from the recent 9-10 months for BTC. These are just "lines on a chart", but the trendlines hug price action today. Hopefully this helps your trading strategy!
www.tradingview.com
BTC short squeeze?Here is a simple chart.
These are the leverage and non-leverage short positions on Bitfinex.
On-chain analysis suggest that the leverage position is at an ATH, however, there is no way to know whether are long positions or short position.
considering
- fear and greed index extreme fear (21-30) in the market
- whales accumulated 2.36 billion in the last 2 weeks
- MicroStrategy bought an additional 400 mil BTC
- BTC exchange reserve all-time LOW
WHAT HAPPENS NEXT?
- SHORT SQUEEZE
- LONG SQUEEZE
COMMENT BELOW WITH YOUR ANSWER (explain if you like)
Keep it simple....BTC will fall to 42-42 range.
No buy volume.
waiting for pullback break over confirmation.
Every upside movement will be a chance to sellpossible Elliot waves is shown on the chart.
I do my best to determine important support and resistant zone.
please feel free to express your opinions.
Reversal weekend incoming!Good news for all of you crypto heads! The reversal is coming sooner than later. Why? Because we see a massive spike in shorts which means a massive spike in market maker longs (opposite side of the contract), coming from an ALL TIME LOW and hitting the breakout target from the falling channel / wedge. Furthermore, we have US10Y dropping massively along with the DXY, gold isn't doing well either. So there's nowhere to hide for hedge funds / stock traders than staying in their inflation hedge position; which is the S&P500 or the Nasdaq. If that wasn't good news already, the BTC / ETH options have expired resulting in billions of profit for the market maker; for your reminder; my max pain price was 54K and guess where we ended up?
Of course we could have one last wick to the downside with 52,5K and 50K acting as good support. This could be favorable for the very short term to push the bears for more shorts and thus the market maker for more longs. However, I do think the end of the dump is in sight, market is massively oversold and I expect mr. weekend market maker to have some bullish fun this weekend. The weekend market maker is usually cowboy style with big pump and dump behavior, lets go for a pump! I am DCA'ing buys on bullish alts at the moment. Deploying 50-70% of my cahs and leaving some on the side for an extra dump. The market will come back in balance, liken it always does.
IMPORTANT: this is not financial advice, trade or invest based on your own risk and research.
BITCOIN SHORTS are Trapped! From Maximum Bull to Maxi Bear PainAccording to this chart and information from datamish, it appears that the tide has formally turned in the favour of Bitcoin Bulls taking the reigns from overextended robobear BTC Shorts operating in the darker regions of cryptosphere. Shorting the Bitcoin Short/Bear so it's ultralong Bitcoin as World Reserve from $55K or so... Anything under $100K for real Bitcoin is a steal. Don't buy the unbacked fake and fraudulent US "regulated" Bitcoin fake ETFs ad Funds. A total US clown show the World has had enough of! Let's get to real fair trading, Bitcoin with it's math, truth and verifiability, is the King.
Bitcoin for sell.Bitcoin was in a near bullish phase. The breakout from the blue zone by a selling impulse and the location below the two moving lines is a strong selling point.
Conclusion: Bitcoin is for sale.
BTCUSD vs BTC LongsAs we can see, most of the time BTCUSD move inversely with BTC longs and BTC long is forming Rising wedge pattern which is more likely to break in Downward direction, that means we are approximately at Botton and moon shot is near
BTC short term bottom?Providing the floor holds here it looks like we have a 3-3-5 abc correction. Time to move up soon hopefully!
