Short

BTCUSDT By HesamUNT

Updated

As you know, I haven't been taking the time to share ideas lately
But now the market is at a critical point and I think it is time to provide an update
As you can see, I have entered a sell position
See and read additional information in the chart
wish u all the best :x

Note

There's a confirmation zone
This Zone was Confirmed By
1- PA
2- S&D
3- All TIme FIB retracement
4- All Time FIB EXT
5- All time Pichfan
6- all-time Dynamic lvls
7- EMA 50 200 Confirmed Downtrend
8- Willy confirmed the downtrend
9-Ichimoku confirmed a downtrend on D- 4H 1H

so, right now, were playing below this lvl, u can check it on the chart, and read the chart
so, not even Close 2 b bullish, or not yet
also it can b good entry for scalp trades in lower TF like this

Note

Pulled back 2 the level
what's ur call :)
ill take it as a pullback to the broken level

Note

Rejected
Daily Candle Closed below the Fib and Dynamic lvl

Note

Daily TF and willy
Willy telling us there might b another bull pressure to the dynamic and Fib lvl
it means we can see some buying pressure below this lvl
but the point is, as long we play below this lvl, it will b bearish

Note

Daily TF & Ichimoku
theres a yellow line in my ichi which is SenkouA lvl
price need to break it down and play below it
it will b our Ichi confirmation for next downtrend move and we dont have it yet
it means we might see some bull pressure again, as willy said

Note

Daily TF & EMA 50 - 200

also we dont have bearish Cross at EMA 50 - 200 in Daily TF
it means its not going to b a fast dump
we need some time for collecting bull pressure, mayB 3 or 4 Weekly candle
or 20 Daily candles

so, after all of this
were playing below the lvl
price get rejected from major resistance in Weekly and Daily TF
Willy telling us there might b bull pressure
Ichi telling us telling us there might b bull pressure
EMA 50 200 telling us there might b bull pressure
but were not bullish anymore, we need confirmation
and as long we play below this lvls, we can use scalp trades for daily trades, and wait for confirmation at Higher TF

Note

sorry, in my Ichimoku, SenkouA is white, i said yellow, my bad

Note

theres an update for scalp trades that i said befor

as u can see theres a new white lvl, which is mid term fib lvl ( 0.618 fib retracement ) golden ratio managed to keep the price for 2 touches, but it will break down
im using this lvl for trend confirmation at daily or 4H TF, u can check the white lvls and price

Note

we can expect this move
27168 ( 1.414 all time fib ext ) to the 24756 ( 1.272 all time fib ETX )

Note

Now we have Ichimoku confirmation in Daily TF

Note

theres a bearish pattern in 1H
targetconfirmed by mid term Fib and all time fib ext at 24756

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EMA 50 - 200 confirmed this move with bear cross at 1H TF

Note

Last move 27168 to the 24756 confirmed by PA
Time to test all time Fib EXT at 24756
So . . . Potential dump for market
If price break 24756 down, ill take it as a new resistance lvl
Can b good for scalp trades
There will b an update if we break that lvl

Note

Here we go, 24756 touchedits our new prime lvl
We need 2 break it down for nxt target which is 23923 and then 22252 and then 20157
We need confirmation lvl by lvl
Also we need break this lvl in daily or 4H TF

Note

As i saod befor, we r playing between 2 FIB EXT lvl
27168 and 24756
As long we play above it, we can expect another buy pressure

If candles break it down, will b our confirmation for next move around 21k

Note

If u trade long at this lvl, make sure u save some. Dont risk on ur profite below the short term fib ( white line )

Note

Short term fib lvl managed to keep the price so far so good
I will revers my scalp trade at the lvl
There will b an update if price touch that lvl

Note

Just Closed my Long scalp

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Ok, i guess it will b enough
I just revers my posation
Expecting this move

Note

if u didnt get in, b ready, wont b valid if break up in daily or 4H TF

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Rejected in 4H

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Still rejecting from this 2 Long and mid term Fib lvl

Note

still rejecting

Note

still valid

Note

rejected from fib EXT
touched the dynamic lvl
as long we play above the 29098 in daily TF, we dont have bearish confirmation yet
lets wait for that

Note

we need break down this dynamic lvl and test 29098

Note

still fighting at dynamic lvl

Note

we lost dynamic lvl after this big red candle
look at this "DC Candle"
it means we can take this lvl as a potential resistance area in next touches

Note

lets see how daily candle will close at this lvl
make sure u check this lvls in higher TF
cause its all time chart

Note

BTC Daily and Weekly Swap Area + Fib channel + Ichi

read the chart

Note

BTC Daily + EMA 50 - 200 + Weekly Swap

EMA Still bullish in daily TF
but we have bear cross in lower TF like 4H 2H 1H

Note

Check potential mid-term move

playing between these 4 lvls
rejecting from swap area which is lvl 2
Still waiting for ichi bear cross at 4H TF

Note

Now we have ichi bearish cross below the Swap and DC Candle, also all time dynamic lvl in 1H 2H and 4H TF

Note

Rejected from swap area and DC candle, also ichi conformation was amazing, now we need to break down 28098 in higher TF

Note

as we expected

were teting all time fib Retracement at 28098

Note

Now we can take this zone as a potential resistance area here

Note

max buy pressure with shadow - 28098

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Rejected from the Daily and Weekly Swap
now we have ichi bearish cross

Note

Ichi in History - Daily TF

Ichi bearish cross - 54k to the 29k

Ichi bearish cross - 54k to the 29k

Ichi bearish cross - 40k to the 18k

Ichi bearish cross - 22k to the 15k

Now we have ichi bearish cross at 30k ;)

Note

We need 2 test 22450 for this mid-term move
Ill share the chart ASAP

Note

Rejected from 28098 which is all time fib retracement 0.618 golden ratio, also confrimed by EMA 200

Note

BTC USDT - 4H
Classic Price action + Trend line

Note

there's a New update for mid-term scenario that u can check in the profile

Note

after 17 feb 2023 EMA 50 - 200 was playing bullish till now

Now we have the Bearish Cross in daily TF after 222 days

Note

Rejected from golden ratio one more time

Note

Still rejecting from the golden Ratio in daily TF

Note

hype of ETF and were playing at 31k again
i hope it wont happen

still bearish for long-term scenario

HesamUNT

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