I am aware that BTC is totally bullish on MTFs ( Monthly, Weekly, Daily ) but I will not be surprised if bearish momentum kick in upcoming days when ( if ) price reaches to Daily POIs which marked on the chart. $62.700 - $65.000 and $67.000 - $70.100 are two good supply zones to look for sells targeting down to $48.800 min.
Expecting a bearish reaction in Daily supply after 15m strong liquidation and bearish momentum
I already mentioned on my CRYPTOCAP:BTC top down analyses that the price would likely go down and take the level marked on the chart. BTC is currently on pullback phase and imo is likely to go lower from the level I mentioned on the chart.
As the price getting closer to the 4H demand zone, I will look for more developments in 15m tf to catch some long setups.
My expectations due to current price action in Monthly, Weekly and Daily.
As the daily internal and fractal structure is still bearish, I will consider taking confirmation short setups once price reaches to my daily POI.
Will consider quick long positions if the price reaches to my POIs. Will go in lower time frames to catch an entry model instead of jumping on a risk entry.
Swing 15m structure is bullish and the price sitting on 1H demand right now. Fractal 15m is now bullish but internal is still bearish. But i still will consider taking longs from 5m / 15m flip demand, watching 1m liquidity grabs once the price reaches to my POI.
Looking at the BTC chart in 12H time frame, the price seems to take a reaction from what I see as a strong buy zone. Bullish Bat Pattern targets, formed by this movement, appear as $39500 and $41500. An Order Block around $40000 may slow down the price from exceeding that level, but I think the price wants to fill the FVG formed between $40900 - $42900. This area...
In my last published idea about $BTC, I mentioned the possible AB=BC pattern and the support zone indicated in green. If the price fall below the support zone, there is a possibility of BULLISH CYPHER PATTERN to form on the daily time frame of $BTC and the last leg of the pattern, D point, is around $35,000. The targets of the formation are Fib 0.382 and Fib...
I shared this idea 2 weeks ago and I am sharing it again because the price has reached the level where the Cypher Pattern is active. With an upward move from $35,000, the patterns targets are $45,500 and $53,300 as indicated on the chart. Bu fikrimi 2 hafta önce paylaşmıştım. Fiyat formasyonun aktif olduğu seviyeye geldiği için tekrar paylaşıyorum. $35.000...
The break of rising wedge should be followed. With the downside break short trade can be opened. The green areas are the support areas and the red one is the resistance. Oluşan yükselen wedge kırılımı takip edilmeli. Aşağı yönlü kırılın ile short işlem açılabilir. Yeşil alanlar destek bölgeleri ve kırmızı alan direnç.
$446 and $555 are the targets of the Bullish Butterfly pattern.
Ethereum is just holding on the support zone. Bullish Cypher Pattern may be active on the daily time frame if the price swings a little lower and hits $2391.62. The targets of the pattern are the $3337 and $3922 levels as indicated on the chart. Ethereum destek bölgesi üzerinde oturmuş durumda. Fiyat biraz daha aşağı salınır ve $2391.62 seviyesine gelirse...
Consediring Bearish Butterfly Harmonic Pattern + Rising Wedge a short trade can be opened.
My targets are as shown on the daily chart of Ontology
Due to the double top pattern and the negative divergence of the RSI, a short trade with a target of $25.50 can be opened. İkili tepe yapısı ve RSI negatif uyumsuzluk oluşması sebebi ile $25.50 hedefli short işlem açılabilir.
Possible double bottom pattern may form in the DAILY time frame of $SOL. In addition, positive divergence is also observed in the RSI. Once the $203 level being exceeded, I take the $240 and $260 levels as the target, . If there is a closing below the green area that I see as support zone, I will close the trade. $SOL grafiği GÜNLÜK zaman diliminde ikili dip...