pcmonk

12:07

pcmonk

Welcome to this video on Bitcoin and price action Part 1 of 3. But what exactly is price action, and how can it help you make informed trading decisions? Price action is a technique used by traders to analyze market movements based on the price and volume of a security, without relying on technical indicators or other external factors. In this video, we'll...

10:10

pcmonk

Bitcoin/4H In a bear flag pattern with low volume With the pattern and volume bitcoin is doing tells us that a BIG move is comin which potentially we could touch the origin of the dump which is around 23.6 consolidate and build more longs , then K-Boom goes down around 20500 ( top of the CME gap) A less potential move is because of more shorts we could legdown a...

06:03

pcmonk

Bitcoin/4H crappy volume after 3 leg to the downside.keep in mind the downside MUST be faster,more painful so all the upside movements mentioned in the video is way less possible than down side moves Overall this looks like bearish momentum is heavily building up and a capitulation candle is due.

13:15

pcmonk

Bitcoin legdown around 5% and bounced back from the yellow support line which it touched before ( on the first dump) Please support and motivate me by Boost,Follow,Comment Usually a Friday dump into weekend does not tell me a real move , meaning this could be retraced and even go higher but if it loses 22K more downside is way more possible than up side. The...

14:53

pcmonk

Bitcoin/1H exited the rising broadening wedge and stopped at the previous point of pump. Please Follow,Boost,Comment.helps me wake up in the morning ^_^ With this bitcoin dump we expected a new Lower Low to form showing that BULLS are actually OUT of the market but Nope, it held the previous point of pump showing that Bulls still have little bit more left BTC...

13:29

pcmonk

Bitcoin\1H Holding the bottom of the rising broadening wedge Yesterday we dumped and then we pumped back up BUT Bears pushed it back down. this down move tells me MMers trying to buildup more shorts before they push it higher It also indicates Bearish momentum is getting stronger and Bulls having problem pushing it up Please Boost,Follow,Comment if you find this...

pcmonk

BTC/1H Trying to reach ~24.4 After yesterdays dump to the bottom of the rising broadening wedge (pink line) bitcoin is trying to go higher making a new high ~24.4 where lots of liquidation is.The pink support line is holding bitcoin so inorder to leave 23K there must be a big sell off that breaks through that support After 24.4 (yellow circle) we could bleed...

12:05

pcmonk Updated 

BTC/1H `at the bottom of rising broadening wedge Forming another pennant ` After Pumping into 23.9 yesterday btc gets rejected at a local support and starts to bleed and touches the bottom of the rising broadening wedge The Rejection was heavier than the pump and price endedup consolidating near the bottom of the wedge indicating we might exit it again Also...

10:28

pcmonk

Bitcoin\1H consolidating after breaking the down wards parallel channel and making a new extreme to the upside ~23.6.It could go up to ~24.1 where a big liquidity cluster is and come back down after that. **Next stop for bitcoin could be around 20500 where the CME Gap is** Please Boost,Follow,Comment if you find this video informative. We yet have to see a...

pcmonk

Bitcoin/1H afer it did a stop loss hunt at 22.7 it found support and came back to 23K where it did a break of structure and exited our down side parallel channel (two purple lines) resulting in a leg to the upside. Its Planning to do a liquidity grab untill ~24.2 with a possible wick up to 24.6 depending on the momentun and the volume for the rest of this...

07:00

pcmonk

Bitcoin\1H After a V shape recovery (Performing a stop/loss hunt) we could retrace up around 24190 with a wick up to 24.4 and then continues down to around 20K where is a CME GAP Please Follow,Boost,Comment if you find it informative. Thanks for watching

11:57

pcmonk

Bitcoin/1H Doing another Pennant We are also in a down trend channel that I draw which everytime it reaches the end of the channel it makes a move. Worth noticing when SPX was consolidating btc went to 25K now that spx started to move down btc coming down with it. We could perform a fake pump and grab some liquidity before further downside.bearish momentun is just...

12:49

pcmonk

Bitcoin/1H doing a pennant that is a sign of continuation ( maybe with a small up move ~24.2) Please Follow,Boost,Commet it really motivates me to do more. REALLY DOES!!!!! Bitcoin has been going down for couple of days , Bulls getting demolished on every RIP they push it. meaning smaller upsides bigger downside and with the pennant its doing it could come down...

pcmonk

BTC/1H after breaking the downwards parallel channel , we bounced back at ~23.7 (blue up trend line) and started to goin up for a liquidity grab ( might touch the white horizontal line or pink trendline) After that it will continue back down to 21.7 or even ~20500. Dont foget bitcoin pumped when NY stock market was consolidating so we have lots of fake pump to...

13:41

pcmonk

BTC/1H forming a parallel downwards channel After 3rd touch at 25.2 and jebating everyone with that Ascending Triangle. bitcoin invalidated the triangle and started bleed down slowly to ~24K showing Bears are comin into the market again and bulls are running out of fuel. Please Boost,Comment,Follow if you find this video informative!Really motivates me to do...

12:22

pcmonk

BTC/4H Ascending Triangle with yellow uptrend line and white horizental line Please Boost,Follow,Comment if you find this informative.it really motivates me to do more,really does!!! With the ascending triangle that btc formed and the consolidation at the high of its range showing the bulls might want to push it higher ~26849 then hopefully bears will enter and...

14:07

pcmonk

BTC/3H we finished the previous triangle, did swept the high touching (25.2) then we swept the lows 23.8 then we came back to the bottom of the previous range. Please Follow,comment,boost if u find it informative. it really motivates me to do more! Bulls are slowly losing their power but if we manage to touch 25.2 two more times we could break up on the 4th...

10:07

pcmonk

In this video Ive analysed btc and checked OpenInterest , Liquidation , CVD Please Follow,boost,comment if you find this helpful. it motivates me to do more for reallll!!!!! Bitcoin has been going up and up for the past month but how much more it can push ? With FOMC in 3 days , Bitcoin started to consolidate around 25K which is a 8 month high and bears are slowly...