Gimminy Crickets!?Have any of you ever wished upon a star? LOL
Held this thing for a while now. I don't care... Feel free to "Edumacated" me LOL " Oh, well you just do get it!" Story, story, narrative, talk, talk, BLAH... Umm Ok yeah whatever I am still selling. What's next? Would you want to talk to me about Embercoin and oooh how about Dragonchain !? 3...2...1... Gainz LOL
What are your thoughts? Is it bad that people like to realize gains say "Cool! More Dollars now!"
-No advice to give just thoughts that I can't shake after the last 6 years in the world of "CRYPTO"
""KEEP CALM AND MANAGE THY RISK!""
Bitcoin-short
BTC/USDT (4H) ShortTerm correction of Higher Degree Hi Traders,
As you can see, we finished 5 step impulsive wave from around 4K to 58K. Right now correction is highly apreciated :D
Wave A looks like it´s going to be a ZIGZAG. A:3 = 1:1 but dont take it as dogma.
Strongest support is around 37-33K where (wave 4) Where could be great BUY zone. So breath deep, relax and enjoy the ride. My buy indicator will be based on Elliot wave count of Wave 3 (5 subwaves) + Konvergence of RSI on 6H or 8H RSI.
Trade safe
Bitcoin over US dollar potential breakoutHello traders, hope you are all doing well
In my opinion I believe there will be a breakout. Needless to say even though if bitcoin does not go short (which I highly doubt within the timeframe) I believe that a breakout will occur from the the yellow large resistance line in the graph as shown. If predicted so, a high upwards trend will likely occur and will go upwards of 50000.00. Also following up from the RSI, maybe not in the timeframe shown but maybe the 1 hour period, it shows a potential upwards trend to take place and then predicted to go down.
Again this is just my opinion and everyone has their own. However I do believe this will be the case and would love to get your opinions and ideas in the comments.
Thanks!
while all people like to think bullish, Big Short will happenhi.
we all ( even a 1-year old baby) know that we are in Bull market, for bitcoin as the big Leader and all altcoins..
but , who knows when the drop will start and what is the maximum ATH?
can you control your mind only for an hour and think for possible big drop in bitcoin and price never ever hit its ATH ( ~ 56700 usd) again that happened already!?
all indicators follow the channels , fibo and mostly moving average in different time frames,. but know one even the best TAs can't predict future,
just ask your self why should Elon musk keep his bitcoin while he already made x2 profit , ( even over the profit of his company Tesla over a year) ?? you think Elon think about small traders/investors profit ? they just try to make money for their real-world projects.. nothing more.
so :
1-dont think that this market can keep going up for ever, ( while alot of indicators show us overbought which is strong bearish signal)
2-save your profit, and just let a little portion of your coins stay for future taking profit.
3-be sure that market will give you chance to enter at a price that for sure will be better than ATH prices .
what do you think? feel free to share with me your thinking
BTC Not Realistic Scalp I dont think it's a bear market yet but ı need to make money so when the channel breaks im going to short it.
Also the channe is not really confirmed since there are some ugly candles and wicks that not fits perfect.
"If it not fits, lube it" a wise man said.
So im going to lube it with a tight stop loss.
Thanks for watching.
Lets lose money
BITCOIN - time for a market correction!BITCOIN has lost the key support of 51k with this massive sell of!!! waiting to see some correction before looking at short entries ! key support now lies at 43k and 41k !! we need them to hold so we dont see even more selling pressure.
DO NOT PANIC SELL your investments!!! a correction is well overdue and perfectly normal HODL
#Bitcoin : The King For A Correction To Build Its Empire.A possible scenario on Bitcoin's current correction bearish trend.
NOTES TO TAKE :
- Bitcoin is currently in a bearish sentimental trend with a formation of a bearish engulfing candle stick on the 1D chart. There is still a possibility that it is a bull trap unless we have a confirmation after the close of the current candle stick. The current support line is considered to be at around $51,700 and $52,000 and seems to be the #Bulls are losing it for a further correctional move towards the next support area of $47,000.
- Indications are also in favor of the #Bears for now which we might see a fall in the short run.
NEXT STOP : If #Bears can finish this run on their favor we are going to stop at around $46,500 - $47,000. Thethering seems to be the smart move now.
@TogetherWeAccumulate
IS A BITCOIN SELLER MYSTERY SELLER SITS AT AT 50K STREET?Hey guys,
This won't be long. If you are watching the price action in BTC since last week, we are basically creating a bearish wedge and divergence in RSI since last Monday. Whenever the price gets close to the 50k, it is like there is this mystery force not letting us go beyond it. This can imply that there is a big whale selling at the 50k. This whale should be really REALLY huge to hold the price down for so long in such a big market cap in crypto. I don't know how much ammo this guy still has and I am curious how much ammo bulls left with either. We might break down to 42k very soon. W a t c h O u t !
Bitcoin to 60kIt seems like the divergence forming up for a while both on daily and 4h charts will be respected and will cause a correction and an accumulation before BTC goes to 60k. Might be a good chance to load it up and get ready to roll!
This is not investment or trading advice but purely a personal opinion.
BITCOIN will fall to supportIn early February, there was a strong growth spurt.
The price touched the resistance 48345.2.
Dropped to support 44165.7.
And these two lines formed a growing channel.
During the rally in the channel, the price came to its upper line.
Now the price is at the resistance 49856.3.
The other day she began to fall from this line.
I expect the price to move down to the lower channel line - support.
Target - 45548.1
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Share your opinion in the comments and support the idea with likes. Thank you for your support!
Bitcoin CME futures chart (dates & levels) BTC (Q1 2021)Good morning traders,
As we're going into the weekend I wanted to make a quick post regarding the Bitcoin CME future's chart, dates, and certain key levels within that for Q1 2021.
IF, I was trading based off the future's CME bitcoin chart I'd look for a short term pull back, however this probably won't happen because bitcoin has been crazy lately but that's what the charts say.
"The markets can remain irrational longer than the trader can remain solvent"
These levels are significant levels and as you can tell certain gaps are filled, and most aren't.
I'll post updates to this chart at the end of the weekend and as weeks come.
Please get this technical analysis to +30 likes to unlock Monday's post! 👍