BTCUSDT (BITCOIN) Daily: 04/03/2023: 🔴Short opportunity?!
Well, as you can see the bitcoin price fell more than 6% on Friday, and it created a liquidity void below the supply zone, so it's an interesting area for the price to back there and fall again, at least till the demand zone.
In addition, we can see a liquidity pool below 21350 that can define as our first target.
💡Wait for the update!
🗓️04/03/2023
🔎 DYOR
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Bitcoinshort
BTCUSD - BITCOIN - ShortFollowing bitcoin support and resistance lines.
Entry:
$20,150 - $20,000
Take Profit 1:
$18,000
Take Profit 2:
$17,500
Stop Loss:
$21,000
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BTC 1D CALLED 18KBEWEARE! Closing 1D if price bellow 21k
next target is 18k
-
Daily Supply -Demand area 18k
SELL BTC Entry: 24380 - 25620
Target 1: 23180 (done)
Target 2: 21960 (done)
Target 3: 20740 (done)
Target 4: 19520
Stoploss: 26060
Remember when we went through the big pump at the beginning of the month?
it crossed the daily supply without any reasonable reaction in the 18k area. believe it or not this area must be "paid off" first!
Note : at the beginning of the year 2023, we had a bear flag which was "invalid" too.
Retracing A Month UpSide Rally In 2 Days ! Top Longers in shamblUnfortunately Today I couldnt upload a video , it kept failing ONLY on this platform!
Bitcoin\4H Had A Capitulation Candle Down (-10%) and will continue to go down after a consolidation
After slow bleeding for 2 days BTC finally did what it suppose to do and legged down 10% and caught every hasbullah off guard resulting in Hasbullas getting liquidated left n right
We Also filled the gap (20500 to 20k) AS PREDICTED ,Now this dump is just the begining of a bigger dump thats comin maybe with todays news (18.4) then consolidates there or pushes backup to 19.5 and hold there.
If you look at 4H candles u see they are getting smaller in size and volume is dropping showing Bears are taking the thumb off the sell button and giving some room for retracement following in another fake bull move maybe ~20800 which eventually end in more sell.
On 15Min chart we are doing another Parallel channel but it could change as its low time frame pattern
Liquidity to upside around 22.8 is 4M around 23.7 is 11M
BTCUSD Feeling Heavy and Poised to Attack SellsideBackground: Bitcoin is looking on the heavy side after running up from Jan 2023 lows only to have topped at 25200 in middle of February.
Thesis: I am anticipating an overall move lower attacking the nearest daily sellside liquidity.
Bias: Bearish
Reasoning: 25200 buyside liquidity was ran in middle of Feb enticing retail longs and breakout traders. The initial move lower between Feb 21 and Feb 24 broke market structure (MSS) on the daily which has resulted in a move toward 22190 price level.
Targets: 21366 and 20380.
Timeframe: Over the course of the Month.
BTC/USD#bitcoin
impulse correction bitcoin is correcting to continue its rise to its highest levels since 2021
there will be several long-term buying opportunities
$21553
$20407
$19262
$17632
#bitcoin #btc #Cryptocurency #crypto #trading
it's important to note that the cryptocurrency market is highly volatile and subject to sudden price swings that can be difficult to predict. Therefore, it's important to approach any analysis of Bitcoin with caution and to keep in mind the risks involved in trading cryptocurrencies.
Important Bitcoin Alert🚨IMPORTANT BITCOIN ALERT
1HR Timeframe,
We know that the 0.618 Fibonacci level is full of sell orders at the moment and we will see. It will be very hard to break, a lot of people are trying to catch up with the dump from there. Knowing that Bitcoin is BEARISH on the mid-term timeframe. So I believe that we will see a good short position from there.
LIMIT ORDER that should be set and not forgotten.
Limit: Bitcoin
Leverage: Cross x20
Entry: 22750 - 22868
Targets: 22483 - 22041 - 21057 - 20500
Stop loss: 23212
Nonfinancial advice
Bitcoin Consolidation Scalp and Swing trade levels this week!CME:BTC1! CRYPTOCAP:BTC BINANCE:BTCUSDT INDEX:BTCUSD BYBIT:BTCUSDT.P BTCUSD.P
Bitcoin has respected the nPOC mentioned in my last video at $22100.
I talk about the scalp trades that are possible in this consolidation range and the larger areas of Support and resistance for Swing long and Swing Short trades
#BTC #Bitcoin
Not Financial Advice.
Paper trade before using real money!
Safe Trading and book those profits always!
Regards,
Shawn
"BIG SHORT"probobly in the next two days meanwhile the fed meeting is being held bitcoin starts to goes up and this is best chance for us to find "short" positions.
this crash is gonna be huge and i think we are going to see a new low since 2 years ago.
Short position:
entry: (23575 : 24600)
sl: 24600
tp1:18460
tp2:13930
WATCH THIS before BUYING BitcoinEnjoy the video. Have a good week.
☝️Disclaimer: ALL ideas here are for EDUCATIONAL and MARKETING purposes only, not a financial advice, NOT A SIGNAL. I share my view on the market and search for like-minded traders. YOUR TRADES ARE YOUR COMPLETE RESPONSIBILITY. Everything here should be treated as trading in a simulated environment.
BTCNot the cleanest looking chart but it's been getting the job done. March is now likely a bullish ABC back down to $19k-$20K to make the S/R flip. I think hitting the 618% around $18,500 would make me very bullish about a very possible W2 being completed after the 5 up from $15K is now complete. GL everyone ;)
Bitcoin IdeaBitcoin Idea | BTCUSDT | BTCUSD
✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
Bitcoin bears aint letting it go higherBitcoin/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 can comeup ~22.7 perform a bullish retest and goes as high as 27K stopping at the bottom of a CME GAP , jebaiting the moon boys and then crash down at the Next important Event ( FOMC , CPI )
IT could Also legdown another 5% getting close to the 20K gap , meaning no more upside and the down trend actually started.
Fundementals + detailed explanation on the video
Thanks for watching
March 3, 2023| POST DUMP ANALYSYSBITCOIN TA
Well that wasn’t very nice! However, with this post dump, the chart pattern becomes a little more clearer with its story.
The downtrend today could the extension of a corrective wave (A) and illustrates that we have finished a 5 wave move to the upside.
INDICATORS OF THE 5 WAVE MOVE:
The common fib level for a wave (3) is 161.8% of wave (1).
The common fib level for a wave (4) is the 38.2% level of the overall move.
The end of wave (5) coincides with the August Supply Level.
DAILY CHART LOOK:
If this was a wave (1) on the daily chart, the natural retracement would fall between the $20,757 and $19,695 level.
POSSIBLE TRADING STRATEGY:
If this is a 5 move down to compete the (A) wave, the retracement would peak at (iv) at the 38.2 fib level. There SHORT SELL at $22,580 to ~$20,780.
LONG at ~20,780 to ~22,414.
SHORT again at ~22,414 till ~19,724
**NOT FINANCIAL ADVICE** - Leave a LIKE and drop a COMMENT and tell me what you think.