BTC Eliott Wave Corrective Pattern🚨⚠️BTC ALERT, IMPORTANT CHART 12HR,
Currently forming an Eliott Wave Corrective Pattern! (A) = 21,000 / (B) 23,600 / (C) 18000.
Bitcoinusd
Bitcoin - the market maker planHello, everyone!
Today I have the very interesting idea how I understand the market maker plan to maximize liquidity collection on BTC.
Let's take a look at the BINANCE:BTCUSDT chart 12h time frame. We have already seen the strong bearish divergence on almost all time frames and as you know I have been sitting in short trade from the top. But today I closed short because there are too many bears occured. Therefore I understood that market can prepare the trap for us.
First of all let's notice trendline support. It's a good place to open long, isn't it? Many traders is going to do it, but I consider market maker will not allow them😁.
I think the price can show just the local lower low before the new pump. The trend on local time frame has been already broken (see my previous post). I opened long trade if price hit my SL will re-enter. I expect the pump to the trendline resistance and even a little bit higher. Look at the equal highs at $25200. This is magnet zone now to collect this liquidity.
I want you to notice that in this case price is gonna form the double bearish divergnece with Awesome oscillator. It is the super strong reversal sign. When the Bitcoin price will reach the support again, a lot of retailers are going to enter long, but market maker liquidate them all with huge crash.
Well these are my thoughts, like👍 this article if it deserves .
Bitcoin Small Upside Retrace Then DownBitcoin\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
BTCUSDDue to the growth in the inflation indices of the United States and the European Union. We expect the continuation of the risk aversion sentiment in the coming week
Therefore, the possibility of a downward scenario is more likely
Bitcoin Consolidating to go Lower AGAINBitcoin/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 starting and we yet have to see bigger red candles ~13%
Please Follow,Comment,Boost if you find it informative.
Thanks for watching
Bitcoin Dump IncomingMultiple negative divergences on RSI and MACD. Ascending and broadening ascending wedges seen on daily...not looking good...keep an eye on the 19200 area.
$BTC - New ATH in 2024 - PARABOLIC MOVE$47k in June then retest $35k in Nov and then New ATH in 2024!
This is another possibility but not convinced due to oversold indicators!
The one which is convincing linked in Related Ideas
However, New ATH in 2024 is confirmed. Load up our favorite bags & BANG the BULL RUN
The Magic of Fibonacci- Remember this older chart ( December 18 - 2022 ):
- Please feel free to check it to understand the new one 👇👇
- BTC Finalized his movement at exactly 161.8% Fibo.
- BTC did what it had to do at the perfection of the Fibonacci Law.
- when the FUDs and Bad News not influence the trend.
- No need any Magic Ball, we just have to follow the beauty of Fibonacci.
- Everything is in Graph, this is a bit advanced trading.
- This is one of the core's method of big hands Trade ( with Volumes ).
- Feel free to DYOR about Fibonacci extensions and Retracements and learn about it.
-- The more that you read, the more things you will know!
Happy Tr4Ding !
Bitcoin Analyze (30-minute Time Frame,02/23/2023)!!!Bitcoin seems to be forming a descending channel, and to complete this channel; it needs to complete its zigzag(ABC/5-3-5) correction.
As a result, I expect microwave B of this zigzag correction to end on the middle line of the descending channel and Fibonacci levels, and then Bitcoin will start to rise to the PRZ(Price Reversal Zone).
❗️ Note ❗️: if Bitcoin goes over $25340, the scenario will change.
Bitcoin Analyze ( BTCUSDT ), 30-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position that you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Bitcoin to stall at current highs?Bitcoin - 24h expiry - We look to Sell at 25149 (stop at 25674)
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
Bespoke resistance is located at 25200.
25200 has been pivotal.
Resistance could prove difficult to breakdown.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
Our profit targets will be 23849 and 23649
Resistance: 24200 / 24500 / 25000
Support: 23800 / 23500 / 23000
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 is facing Heavy ResistanceBitcoin is facing heavy resistance which is coming from two sources:
One is the horizontal resistance of 24 to 25k, and the other is the 200 weekly moving average. This means that there is confluence on the resistance side. Not only are we facing resistance, but this uptrend is already lasting for 53 days, making it likely its time for a correction.
Why is this 200 moving average also included? Normally I woudn't pay much attention to moving averages in general, but this one can be special.
In the bull run of 2015 to end 2017, this line was the support line for the whole bull market. This line was also support at the bottom of december 2018 and during the covid crash, making it strong resistance.
#BTCUSD - Is this the Start of the $30k Move?So, after a massive move upward at the start of the year, bagging us a very healthy 30%, we've had a little wobble with a losing Short trade and now we're looking at a potential Long up to the 30k mark.
If you enjoyed or agree with this idea - drop us a comment, like & follow! 😀
Ideas by theCrypster meet the guidance notes and disclaimer as mentioned below and within our website. See Signature for more info! ✌️
theCrypster
BTC - Backtest Done! Hi, this is my new update for BTC. Right now we are fighting against 50 weeks, 200 weeks moving averages and at the same time a big resistance around 25300$. I expect once we break those levels we are going to test 28500 - 30000$ and we are going to fill the gap easy. Good news is that we have already backtested the down trendline beautifully and we are still holding the bullish momentum both in daily and weekly charts.
Bitcoin vs the 200W MA- Don't rush to put your bull market pants on.
I'm just as excited as the next guy to finally see some green candles after a full year of what felt like only red.
But, BTCUSD has a lot to prove and one thing that is for certain is there lies a bumpy road ahead.
- After the bear marker of '18, 2019 started off with a bang with a bull market lasting for 6 months! Well, what followed was lots of up/down/sideways movements that eventually ended up with the collapse in march of '20 that almost reached the same prices as the previous bottom.
Even if Bitcoin breaks above the 200W, this doesn't mean were going straight to 100k. There's still a lot of distrust floating around in the industry and outside fears of other markets and a potential recession to worry about.
Stick to a game plan and stay with it is because its going to be a long and worthwhile ride.
The Fear and The Greed- Tomorow will be the 365th day in this bearmarket.
- From now there will not be much winners or losers because in this situation, there's fear and doubts in both sides.
- A little resume of this yearly journey :
- Luna Rekt
- 3AC Rekt
- Voyager Rekt
- FTX Rekt
- and much more smaller entities like Zipmex etc..
- Despite all FUDS, the situation could be worst than where we are now. we have to remember in 2017, we went from 20k to 3k.
- that said in 2017 "Cryptomania" was nothing compared to 2020, now we are more close from Cryptos adoption and CDBC.
- in 2017 the market was still immature and dubious, in 2020 big players entered the game.
- So what happened in 2022 with a more mature market ?
- What we need to remember from 2021-2022 is that bad actors in Cryptos are not here to build the system but to greed on it.
- They all overleveraged their positions thinking only about their own pockets and caused pain to millions of their customers.
- Some created their own thin air tokens as FTT and shorted their own projects with high leverages using collateral loans ( FTX ).
- They were all selfish, and didn't even think about how many poor families life they destroyed.
- Peoples may forget what they did with time, but Karma will not.
- Cryptos are here to stay, but the future is more bright without those greedy peoples.
- Buy BTC.
- Store in Ledger, Trezor or Paper Wallet.
- Hodl BTC.
- Do good things around you and good things will back to you.
Happy Tr4Ding!
BTCUSD Potential For Bullish Rise to overlap resistanceLooking at the H4 chart, my overall bias for BTCUSD is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. Looking for a buy stop entry at 25270.00, where the recent high is to ride the bullish momentum. Stop loss will be at 23815.00, where the overlap support is. Take profit will be at 28686.37 where the overlap resistance is.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Financial Wave. BTCOur preferred scenario in Bitcoin remains the same. An increase in wave 5 could bring the price of BTC to $26,120. Price drop below 23608 cancels this scenario.
BITCOIN and the Daily CrossThis is a continued post from The Desperate Push to 26k, the avoidance of the weekly death cross.
Please review previous post before reading and boost/share for visibility.
Simplifying the outlook, these are the only two things I am currently looking at. The Daily and Weekly, golden cross vs death cross. I'll take the shorter timeframe in this bout, so a golden cross on the daily to turn the death cross on the weekly around. To do this Bitcoin will have to move up from this range shortly to the 26k-30k range.
The last 5 golden crosses on the daily have resulted in:
21,Sep,2021: 46k>68.5k
16,May,2020: 10k>64k
17,Feb,2020: 10k>market bottom
21,April,2019: 5.5k>13.7k
28,Oct,2015:$300>20k
This is not financial advice. Please take this as an analysis only and trade on your own terms.
btc short!!!there is a good possibility for BTC to see lower lvls. I believe we should expect a new low lower than last one to form a nice QM.
BTCUSDT - ULTIMATE Support MUST HOLDHi Traders, Investors and Speculators of the Charts 📈📉
Bitcoin is about to retest an important support zone at $21800 . If BTC is unable to secure this support, the next support is only at $18400.
A possibility exists to take a low leveraged long from the support, however this will be a high risk trade due to the nature of the cycle - it's unclear whether or not this is the first stages of a new bullrun or whether it's a bulltrap. I'd be more confident to claim the start of a new bull cycle IF we can maintain the current trading range and NOT CLOSE a candle UNDER this support zone.
Can I interest you in an Altcoin? Check out this idea on BATUSDT:
_______________________
📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍
We thank you for your support !
CryptoCheck
Financial Wave. BTCThe price of Bitcoin dropped to the level of canceling our upward forecast of $23,608. The fall has stopped, and as long as the price of BTC is above this mark, there is a possibility that the growth in wave 5 will continue and bring the price of BTC to $26120. If Bitcoin drops below $23608, our priority scenario will change.
BTC Local TOp??/ Fib LVLS 4 hourBINANCE:BTCUSDT
Could this be a local top for btc? is it time for BTC to head back down to test some key support lvls?
Lets find out !!
What do you guys think?
BINANCE:BTCUSDT
GOLD CONTINUES TO FALL🔥👍Hello fellow traders!
XAUUSD breaks a key level (50% fib level)
Checklist:
✔Broke key level
✔RSI is in bears possession
✔SUPERTREND is in sellers' possession
✔FIB is passing 50% possibly going for the 23.6% fib (respecting the 161.80% fib rule)
13,550 Pip Analysis
(Take a look at my recent XAUUSD Analysis for more info on the 161.80% fib retracement rule)
