Side: Short Entry: 10924.0 Stop Loss: 11116.0 Target: 10504.0 RR(BTC): 2.05 RR(USD): 2.19
Side: long Entry: 10012.0 Stop Loss: 9589.0 Target: 10989.0 RR(BTC): 1.92 RR(USD): 2.31
Side: Short Entry: 10977.0 Stop Loss: 11301.0 Target: 10012.0 RR(BTC): 3.17 RR(USD): 2.98
Potential double shouldered IH&S. Stop loss below head, target projected by height of pattern. Side: long Entry: 10010.0 Stop Loss: 9797.0 Target: 10889.0 RR(BTC): 3.42 RR(USD): 4.13
The timing of the previous depression (purple) suggests that a 20 year depression has begun. This is likely to be an inflationary depression, beginning with a period of deflation (2020-2030; orange) and ending in global hyper-inflation (2030-2040; red).
3 gap pattern indicates potential return to support at 8500. Fib timing suggests this could begin in the coming days and take 2 months to complete. Stop loss above the 2019 high provides an R:R of 1.5 Side: Short Entry: 11800.0 Stop Loss: 14001.0 Target: 8501.0 RR(BTC): 2.43 RR(USD): 1.50
SIde: long Entry: 9400.0 Stop Loss: 9299.0 Target: 10974.0 RR(BTC): 11.35 RR(USD): 15.58
Side: long Entry: 9161.0 Stop Loss: 8689.0 Target: 11189.0 RR(BTC): 3.22 RR(USD): 4.30
Short term continuation signal, see related Ideas for longer time frame TA. I'm not entering this trade because I am already holding a long position (see related ideas) Side: long Entry: 9750.0 Stop Loss: 9644.0 Target: 10144.0 RR(BTC): 2.77 RR(USD): 3.72
Potential drop to support after daily close before exhaustion gap to liquidity pool
Side: Long Entry: 9600 Stop Loss: 9199 Target: 11189 RR(BTC): 3.11 RR(USD): 3.96
Side: Short Entry: 11189.0 Stop Loss: 12501.0 Target: 8311.0 RR(BTC): 3.24 RR(USD): 2.19
Potential Cup and Handle formation on long and mid term fib fan support. Currently at key fib time zone. Price could seek liquidity up to ~$11,000
If the market is to seek liquidity, then price may break above 10500 to find resistance in the next local supply zone. This seems likely to happen before the halving, not after (a kind of "buy the rumour, sell the news" situation) - placing time on our side for a short term long position: Side: long Entry: 8750.0 Stop...
BTC appears to be in an exhaustion gap, indicating that price should fill the gap to $8500. This could begin the correction from the halving hype, which could see price return to the point of control (orange line)
Market appears to be overbought on halving hype. We can estimate how overbought by comparing current price to the point of control (POC; the price at which highest volume was traded) for the past year, which is $8000. Price reached a high of 9481, which is $1481 above $8000 (yellow price measurement) Projecting that price difference down from 8K gives a target of...
Side: Short Entry: 8980.0 Stop Loss: 9221.0 Target: 8434.0 RR(BTC): 2.30 RR(USD): 2.27
Waiting for dip to buy exhaustion gap. Stop loss at lower low. Short entry in liquidity pool at ~11K. Side: Long Entry: 8161.0 Stop Loss: 7329.0 Target: 10989.0 RR(BTC): 2.22 RR(USD): 3.40