BEARISH AnticipationLooking forward to a bearish week on BTC am capitalizing the shorts presented by the bears
XBT trade ideas
BTC.USDTAccording to our long-term analysis, Bitcoin correctly has 4 bearish waves
Elliot did the previous one, now it's the turn of wave 5, which means it's final
A wave that is not regular like the previous 4 waves may be complete
If it is fully formed, then we have to wait for 8000
If it is not completed, it can return 23-25 thousand from the weekly support
bearish head & shoulder completed!As you can see, a bearish head and shoulder pattern has been formed. The main support is also lost. With a pullback up, the main dump begins.
The current operation of Bitcoin should be simplified and less a
Bitcoin broke through in March and created a rebound high of 31,000 after entering a shock adjustment stage. Although the voice of ending the US dollar interest rate hike is getting higher and higher, the surrounding stock markets are also falling to new highs. But the currency market seems to be lukewarm and not too passionate.
We can see from the chart that I gave a head and shoulder bottom shape at the beginning, which is very similar to the trend of retracement after the March breakthrough. If it does not fall below. The neckline of 25,100 US dollars, theoretically this head and shoulder bottom trend is valid. If you look at the theoretical amplitude of the head and shoulder bottom, the rebound can at least see above 35,000 US dollars.
However, there are many factors that restrict the rebound at present, such as the angle of the moving average. The pressure formed by ma200 is also obvious. This moving average is currently around 31,500 US dollars and is falling at a speed of more than 80 points every 3 days. Of course, ma50 is also accelerating upward, so in the next stage, Bitcoin will run in the angle formed by the two moving averages and finally choose a direction.
Bitcoin is now in a state of shock before breaking through. It is not a good opportunity for left-side trading. You should wait patiently. Good traders do not frequently look for opportunities, but make correct choices at the first time when the trend is formed.
BTCUSDT $26840 Quick Update May18 2023BTCUSDT $26840 Quick Update May18 2023
Price continues to consolidate below the 3D21EMA
The 3D macd remains negative
Directional target 24-22k at 0.382-0.50fib
For the trend to flip bullish, bulls would need to print a positive 2DMACD and price above the 2D21ema
As mentioned previously, the current move from 31k could possibly be the starting point of the correction phase for Wave2.
The Wave1 was from 15.5k to 31k. This could be valid as long as bulls dont break 31k.
Once bears complete the wave2 (without breaking 15.5k), will start to focus on wave3, which could be 1.618extension of wave1.
It makes no sense!-It makes sense?Or Does not make sense. Many standards have been thrown to the ground by BTC in recent months.
-But if we have a bubble in this "crypto", for sure the prices are out of place. 10K is at least its proper place.
-We have a bearish pivot that projects, at first, to seek the 25K region.
-Will looking for the 25K region hold prices down, or will we go down a little further to the 21K region?
-We will see the next candles!
-See previous review below!
-Do your analysis and good business.
-Be Aware, If You Buy Use Stop!
-See below for other graphic reviews!
Sideways until late 2024The recent price movement in bitcoin could be described as "a small wave after a big one". This same description could be applied to 2019.
If price is to continue on a similar path to that of 2019 (bar pattern in blue), then we would see sideways trading for a a year or so, before a breakout to new highs.
Supply and demand zones provide buy/sell opportunities (red and green lines)
Silly BTC Fractal I'd previously published my idea on BTC, which has been decently accurate over the last few months. But this fractal has been in mind as of late. Not taking this too seriously but definitely want to see how closely it follows a 2020-style flash down.
For reference: my serious btc idea:
BTC and Russian RUBLE chartscheck out the RUBLE BTC... top chart is the strength of the RUBLE the bottom chart is the BTCRUBLE chart.. both are prime for a massive trend break...
BTC going to drop
btc and the trend continuationduo to my look to usd index as it will have a huge down move coming this week . btc may visit this resistance at 40000
Need strength!-Need strength, that's BTC's motto for the moments ahead.
-I'll get straight to the point.
-The daily chart tells me that it is throwing in the towel, that is, there are no more spaces for increases.
-In previous analyses, I mentioned that we had an accumulation of continued bullishness, but this accumulation did not have the strength to raise prices, opening precedents for corrections.
-The configuration of the hourly chart is just below, and it is not suggesting me a good thing. But it's best to wait! lol
-The bad news is on the weekly chart, which is on the verge of a bearish pivot if prices keep working below 27K.
-See previous graphical analysis!
-Do your analysis and good business!
-Be Aware, If You Buy, Use Stop!
-See below for other graphic analysis!
Riding the Long Bitcoin Wave for Wealth CreationBitcoin has come a long way since its inception in 2009, and it continues to gain momentum as a legitimate asset class. With a limited supply of 21 million coins, Bitcoin has the potential to act as a hedge against inflation and a store of value in an increasingly digital world.
Why buy Bitcoin now? Here are some compelling reasons:
Rising Adoption: Bitcoin is gaining widespread acceptance among major institutions, including financial services companies, payment processors, and even some governments. This increased adoption is driving demand for Bitcoin and boosting its value.
Institutional Interest: Institutional investors, such as hedge funds and asset managers, are increasingly entering the Bitcoin market, bringing substantial capital and legitimacy to the space. This institutional interest is likely to drive up prices as demand for Bitcoin grows.
Market Maturation: The Bitcoin market has matured significantly over the years, with increased liquidity and stability compared to its early days. This makes Bitcoin a more viable investment option for those seeking to diversify their portfolio.
Technological Innovation: Bitcoin continues to see technological advancements, such as the Lightning Network, which aims to improve transaction speed and reduce fees. These developments are increasing Bitcoin's utility and adoption, further driving its value.
Historical Performance: Bitcoin has a track record of delivering substantial returns. While there are risks associated with any investment, Bitcoin has historically shown significant growth potential, making it an attractive option for long-term investors.
BITCOIN INDEXHi guys
The long-term uptrend line is broken with the downside!? This trend has been respected from the beginning. On the other hand, we are exactly tangent to the midline of the descending channel.
The long-term downward trend line on the RSI index has been broken to the top. Has this pullback to the level been broken?
But the downward trend has strong momentum!
It remains to be seen how these remaining three days will end.
What do you think?
Btc long shows strength by its own wayYes, I am telling and providing btc prices up & down with dates & time , 2020 to 2023 Feb I announced btc road map exactly happened now it's time for 2023 to 2026 road map realised
BITCOIN SHORT SET UP BTC made a new big resistance at this level, and we are in a new position to short the market.
BTC Short25.2k has heavy support. 5x down would be a nice trade, nfa ofc.
TP1-26.6k
TP2-25.255k
If broken TP£_
23.2k
GL.
BTC Chart A simple enough BTC chart with key levels.
Personally, very LTF-Bullish.
Pending Monday close, CPI data and more to see if we dump to test 25.2k and fly. I would predict 48k BTC within 2 months(or less). Don't trade with high leverage, scam wicks will occur of course. Play it smart!.
NFA.
Target HTF 48k.
BTC Long Short timeHere's an analysis of a long-term Bitcoin (BTC) trade, followed by a short-term prediction:
Long-Term BTC Trade:
As per your analysis, you believe that Bitcoin will go down in the long term. Let's consider a potential long-term trade strategy based on this outlook.
Trade Type: Short Selling
A short selling strategy involves selling an asset, such as Bitcoin, with the expectation that its price will decrease in the future. If the price does indeed go down as expected, you can buy back the asset at a lower price, thus making a profit from the price difference.
Trade Timeframe: Long-term
Long-term trades typically span several months to years, as they are based on long-term price predictions and trends.
Entry Point: When BTC is at a High
To implement a short selling strategy, you would want to enter the trade when BTC is at a relatively high price, as you believe the price will decrease in the long term. You may use technical analysis or other market indicators to identify a high point in the BTC price.
Stop Loss: Above the Entry Point
To manage risk, you would want to set a stop loss order above the entry point. This means that if the price of BTC goes above the stop loss level, the trade will automatically be closed to limit potential losses.
Profit Target: Below the Entry Point
As a short seller, your profit target would be below the entry point. You may use technical analysis or other indicators to identify a potential price target where you believe the BTC price will drop to.
Risk Management: Position Sizing
It's important to manage your risk by determining the appropriate position size for your trade. This may involve calculating the percentage of your account balance that you are willing to risk on this trade and adjusting your trade size accordingly.
Short-Term Prediction:
Based on your belief that BTC will go down in the long term, you may also have a short-term prediction. Here's an example:
Trade Type: Long Position
If you believe that BTC will experience a short-term price increase, you may consider a long position trade. This involves buying BTC with the expectation that its price will rise in the near future, allowing you to sell at a higher price and make a profit.
Trade Timeframe: Short-term
Short-term trades typically span from days to weeks, as they are based on short-term price movements and market trends.
Entry Point: When BTC is at a Low
To implement a long position strategy, you would want to enter the trade when BTC is at a relatively low price, as you believe the price will increase in the short term. Again, you may use technical analysis or other market indicators to identify a low point in the BTC price.
Stop Loss: Below the Entry Point
To manage risk, you would want to set a stop loss order below the entry point. This means that if the price of BTC goes below the stop loss level, the trade will automatically be closed to limit potential losses.
Profit Target: Above the Entry Point
As a long position trader, your profit target would be above the entry point. You may use technical analysis or other indicators to identify a potential price target where you believe the BTC price will rise to.
Risk Management: Stop Loss and Position Sizing
It's crucial to manage risk by setting a stop loss order and determining the appropriate position size for your trade based on your risk tolerance and account balance.
Please note that trading in financial markets, including cryptocurrencies like Bitcoin, carries inherent risks, and it's essential to conduct thorough research, use proper risk management techniques, and consult with a qualified financial professional before making any trading decisions. Market conditions can change rapidly, and past performance is not indicative of future results.
BTC fractalsHey waaaSUP everyone,
I thought i would share this idea with you all. On the left side back in the days of BTC price been cheap as chips, you can see ive drawn 2 boxes blue and violet. Then looking into the future on the right side you can see the fractal bars corresponding to the colour box on the left.
I am particulary interested in the fractal all the way back from jan 2017. I only say that becaaue the other fractal suggests we break down and double bottom, which many are calling, but the fact is, if it did that it would break the market structure (bottom blue dotted trendline)...... and BTC has never done that. We hit this line back in NOV/Dec 2022 ;)
And also things are different now, we have the WEF medling with things, we have the FEDs medling with things, we have inflation, and the new CBDC ???
BUT the main thing to keep an eye on is BRICS (Brazil,Russia,India,China,South Africa) we could be seeing the end of the petro dollar and the collapse of the dollar. This is defenetly plausable and that is why I suggest the probability is more in favor of the blue fractal.
Gold is coming back and the USA dont have much of it and the printing paper is running out.
I know its wack, that would mean BTC could reach ATH of $250,000 by November 2023. And maybe a precident for a new local bottom of $60K. Ooooohh
Remember its all about probability, and anything can happen.
peace and love
Wow that would be madness,
BTC My opinion about bitcoin 01.04.2023Setup for BTC, Invalid 4H close above 28587
SHORT OPPORTUNITY (BTC)
Short 28587.37,28235,28153
TP 26780,23971
SL 29140
Do we have an accumulation? But prices ask for correction!-A quick look at the current situation of BTC prices according to graphical analysis!
-Moderate upward monthly bias. First target at $29,187K successfully hit. Other targets: $34,421K (if not broken back to test $20.7K) and, finally, $37,655K (FIBO golden region) and region of second previous lost bottom.
-The bias of the weekly chart is bullish, however, the SETUP used is showing weakness, and that prices need to retreat to make a “pull back” in the region of $24K, top and pivot point of the most recent price rise ( 20%).
-On the daily chart, the so-called long average held prices and served as a springboard, where the “bulls” took advantage of the situation and pushed prices to the previous bottom, at $28.8K. At the moment, SETUP shows complete bullish weakness, suggesting that prices will have to correct. Do we have a continuation accumulation? But how can it be, if prices are faltering?
-Do your analysis and good business.
-Be Aware, If You Buy, Use Stop!
-See below for other graphic reviews!
