Bitcoin Head and Shoulders BreakdownBitcoin is breaking the neckline here for the current Head and Shoulders pattern that's been forming the last few weeks.
My target for Bitcoin is to come down and re-test the important support zone at / around $25,300 - $25,500 which would be a strong support level to bounce from.
Having a reset here and providing a slid launch point would likely push us to the Fib Golden Pocket around FWB:48K -$50k
What do you think?
Bitcoinshort
BTC - sell and buy zones.Hello! It is visually evident that a so-called "falling wedge" has formed on the chart, which is one of the most well-known patterns in the market. The wedge typically indicates that supply and demand in the market are converging, and can be a signal for traders that the price may change its direction.
In addition, buying and selling zones are highlighted on the chart. These zones can be useful for you, as they are a reference point for me in terms of where the price is expected to go in the near future.
Breaking out to the downside on the D. Bitcoin facing headwindsSay what you like, but on the daily, pending confirmation we're breaking out on the daily, to the down side. Bearish signals.
I expect this to be correcting to the next major target circa 25k in the next couple of weeks, looking at the momentum swing.
Bitcoin will dump hardly next week!Hello, everyone!
In yesterday's analysis pointed out that the dump to $10k is incoming and it will lasts next 3-4 months. I hope I am gonna be right because in opposite case the world will dive in the darkness next year. $32800 breakout it the scenario which nobody want to see. In this case the bear market will be for the next 3-4 years (compare it with 3-4 months). Just imajine which events could happen in the world in this case.
Now let's jump into the local Bitcoin analysis. In my opinion now the first impulse of the last bearish wave is forming. In general, my local forecast remains the same. The only one difference is that wave 2 is forming in the shape of triangle ABCDE correction. The wave 3 is incoming and it has the insane target at $23600. I don't think we will see the start of this move this weekend. I am going to use any bounce to short the Bitcoin with the best risk to reward.
Best regards, Ivan
_______________________________
Follow me and never miss update👍
Bitcoin trend line resistance continues to cap gains.Bitcoin - 24h expiry - We look to Sell at 29386 (stop at 29986)
Trend line resistance is located at 29400.
Expect trading to remain mixed and volatile. Intraday signals are mildly bearish.
We look for a temporary move higher.
Prices expected to stall near trend line resistance.
Our profit targets will be 27886 and 27686
Resistance: 29300 / 30000 / 30400
Support: 29000 / 28700 / 28200
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Bitcoin Ready For Next Big Move! Is 25K Comin Today with FOMC ? Bitcoin in a triangle pattern trying to find its next move.We could touch 29.1 to sweep the high and 26.8 to sweep the lows before our main move.
We usually get a decent to big move with FOMC but sometimes the main move happen a day after
Losing 24.8K (golden pocket) could result in a HUGE capitulation.
*** DISCLAIMER No Financial Advice ***
Thanks for watching
BTC Bearish Sentiment Coming Back! Fake Pullback to 29K!Bitcoin bearish sentiment is coming back to the market. with sunday fake pull back to 29K and then losing it couple of hours after.
Strong bitcoin control zone at 25K which could led to 30K AFTER reaching 25k.
Losing 25K could result in a capitulation.
Thanks for watching and all your support
Potential BTC Short Between around 30.3k and 30.8k are some fresh resistance levels that are yet to be hit.
If price comes into this box with the criteria frp, listed I will take a short risking 1%-2% of my entire account.
*1hr money flow (Red/green oscillator
waves) coming down and crossing the 0 line
*1hr momentum creating a divergence (Blue
oscillator waves)
*1hr vwap (Yellow line on oscillator) curving down
to ward the 0 line.
*12min and down momentum divergence
*12min and down moneyflow coming down
Tp 1 - Value area high at 28870
Tp 2 - point of control at 28000
Tp 3 - Value area low at 26900
Leave the rest to ride
Bitcoin Strong Sell Signal:High Possibility It Will Break 27.2K Hello and welcome to another Bitcoin analysis video. In this video, we will take a look at the recent price movement of Bitcoin, which surged to $29.8 yesterday before having a sell-off and retracing back up to fill the fair value gap.
We will also use some technical indicators and chart patterns to predict where the price could go next and what are some of the key zones and levels to watch out for.
Please Consider Supporting Me By Booosting,Commenting, following and sharing means a lot
Bitcoin to continue in a selloff after fakeout?Bitcoin - 24h expiry - We look to Sell a break of 26897 (stop at 27601)
There is no clear indication that the downward move is coming to an end.
A sequence of daily lower lows and highs has been posted.
Our short term bias remains negative.
A break of the recent low at 26936 should result in a further move lower.
Although the anticipated move higher is corrective, it does offer ample risk/reward today.
Our profit targets will be 25151 and 24851
Resistance: 29500 / 30000 / 30500
Support: 28600 / 28000 / 27200
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
3 Days Waiting / Setup : Fakeout / Daily TF 📉 Have been waiting patiently for Shorts to Setup on BTC. I'm not totally convinced of this rally as you can observe. This trade is in anticipation that the Daily timeframe will respect the Daily and Weekly Levels in Between 28 to 28.5K. Although this retest of our Daily Level looks quite daunting, selling into strength shouldn't be too much of an issue because of the amount of orders at this level previously 28,300. It's worth a shot given the RR and the previous Weekly Engulfing Candle. I typically stick to scalping but this Fakeout Looks clear as day and so I have no issue risking some profits with reduced risk and attempting something different then the usual.
Bitcoin - bull trap ahead!Hello, everyone!
I am still holding my local short which now is in small profit and has the stop loss at the entry. I am trying to catch the last wave 5 inside wave 1 higher degree.
Let's take a look at the chart. I told you earlier that the target for the current dump is $26000-$26300🔴. After that I expect any sort of bounce. This bounce in my opinion is gonna be the wave 2 of the global bearish wave. It has the target approximately at FWB:29K , which is 0.61 Fibonacci retracement. Of cource this target now is undefined because wave 1 has not been ended.
After that I expect the rapid dump in May - historically the worst month for all risky assets. Target for the most impulsive wave 3 is even FWB:21K 😨. 1.61 Fibonacci extension perfectly corresponds to this number.
Best regards, Ivan
__________________________________________
👇Follow me now and never miss an update👇
BTC SHORT1st Break of Channel Extreme boundaries in the 1 Week timeframe chart
Daily time frame chart presents a Setup for a short position:
Imbalance, that got filled a posteriori
Orderblock is one that manipulates the market
Liquidity formation below area of interest
The approach to the area of interest is with low volume. Price goes up but volume goes down significantly. White Lines
CHOC confirmed on the Daily Timeframe
Second Entry on the last supply created targetting 15450
BITCOIN DAY CHART TODAY BTC TOUCH RESISTANCE LEVEL HI DEARS
To day btc touched resistance lvel and aggracive down trend started
today distrubution started so coming few days range market started
next btc support and resistance level 27k
my opoinion bitcoin go to 28k then againg minor uptrend then fall to 27 k
my startegy suupport and resistance and fib
these all as of my knowldge and any mistakes on my chart pkease comment and tell us to whhat are the mistakes
it will help ful for my another level
thanks and regards
Multiple BTC bearish patterns all pointing to 25K or worseWith our golden pattern (BTC rising broadening wedge from 15K) showing 22K as the last resistant and if we lose that well see new lows (12K , 9K)
Talked about other patterns in the video and spiced things adding VIX, ETH , NQ1 To the video
Strongly Recommend to Watch it untill the end.Lots of Information
Please consider supporting me with Boost,Follow,Share or comment! Appreciate the support
📈BTCUSDT Price correction scenario📉BINANCE:BTCUSDT
COINBASE:BTCUSD
Hey everyone, first take a look at my previous analysis and positions.
According to the recent growth of Bitcoin at the same time as Dominance fell below the level specified in the latest analysis, there is a possibility of price correction at the same time as this cryptocurrency falls.
Price divergences are marked on the chart
Don't forget to risk-free your position.
Consider the impact of the jobless claims on Thursday.
Please share ideas and leave a comment,
let me know what's your idea.
CrazyS✌