QUADRUPLE TOP WHICH TELLS ME DISTRIBUTION COULD BE COMINGOr....could it possibly be....accumulation? I'll leave that question up for you to answer.
BE SAFE fella's.
Btc-short
XRP NEAR BREAK DOWNIS this is for XRP?
PRICE will like follow the curve downwards until it retests of .11
XRP will likely lead the bear market if spx and btc loses bullish momentum.
JULY 3RD SUB 9K ON 4 HR CHART WATCH If you make charts and don't factor in your targets & the possible date of when you'll reach your target you probably aren't as serious as you should be. EVERYTHING on the chart needs to be looked at, but not overlooked. Find the happy medium and don't force trades that aren't there. Forcing the market will result in liquidation emails sent VIA email. P.S, I don't want any of my followers receiving liquidation emails.
I bring a big warning of potential doomNow I know as much as the next guy. And I do not like to be the bearer of bad news. However, I use a couple of fairly reliable indicators. Vpt volume price trend against fib Bollinger's. and the god mode. And this chart is the 3day chart. I have only witnessed the godmode give a short call on the 3day 4 times since 20k. and the VPT always tells the truth of distribution or accumulation in the end. So trade with caution. The levels in purple are the CPR central pivot range for the monthly levels. notice it is like a mirror. several months up... and now we struggle to hold our level at the end of the month. also notice the newest channel is very thin which suggests breaking... either way. Lets find out if its time or not. However, I have a feeling summer maybe be a bit grizzly. what are your thoughts?
4HR BEAR FLAG & REJECTION OFF TOP OF DESCENDING TRENDLINELooks like we may have a bloody Monday around the corner...bulls have had their chance to reclaim 9150+ but seems like a clear rejection from my perspective. However....it's possible to see a short term reversal and push 9275 - 9419 before any bearish price action really happens ($500+ move).
Stay safe & good luck trading this week.
My BTCUSD analysisHere is my mark up of BTCUSD. Top down analysis from DAILY TF shows BTCUSD wanting to come down. Use levels shown in picture for breakout entries. Obviously, price action is KEY and BTCUSD will do what it want. So, the layout can help you for SELL opps or BUY opps. But as of now my bias is looking for a SELL. The black line Rep my 200 EMA, and you can use the cloud and conversion line for extra confirmation for sell or buy. If price is BELOW black line and BELOW the cloud and the YELLOW line crossed the white LINE DOWN, i look for entry on the next FLAT TOP Red candle. its that simple dont make it hard!
Clear as day descending triangle 4hr chartI've labeled and explained on the chart my thought process behind the price action on this 4HR BTC chart.
15 MINUTE FIBONACCI RETRACEMENT SETUP SHORT TERM MOVES Don't expect bulls to just give up so easily.
Expect a push higher at the MINIMUM if you're bearish bias this weekend.
Things can always change/reverse before a blink of an eye.
Stay up to date with the fundamentals/price action and the structural integrity needed to achieve the levels you're looking to play out.
Have an awesome weekend guy, stay safe...Cheers.
BTCUSD SHORT or LONG depending on what colored line it respectsrespect white line 9400 9600 9800
respect red line 8800 8300 8100-7900
it can form a small triangle then a bigger triangle if 9400 gets broken
overall I think we go down since we had two 12H closes under EMA 100
a 12H close under EMA200 will surely push us down to 7K levels
BTC next possible moveWhy bearish?
1) Rejecting from upper boundary of global descending channel.
2) Fractal B very similar to A after which we got drop.
3) Virus again in action what can cause S&P to drop and affect btc.
4) Vertical volume declining.
5) RSI in descending channel.
6) Lower highs 10xxx, 99xx, 97xx .
7) Drop out from current up-trend's ascending channel.
8) Pressure from asks(used service that shows pressure from all exchanges).
9) If looking on BTC using hight TF - it seems very bearish, see related idea for details()
Why neutral or still bullish?
1) Technically no lower lows for now so up trend not broken according to classical TA.
2) Hash ribbons should provide signal soon(for fans of this indicator only))).
head and shoulders failure - Smaller breakouts - Depleting Vol.Head and shoulders failure, accompanied by lower volatility and smaller less aggressive breakouts leads me to believe that BTC is losing bullish power and will breakdown to a further support or experience a full reversal.
Another major signal, is the decrease in overall volume despite the rising trend. This is without a doubt, bearish.
If major breakout does occur the target is 11.3k.
XTZ - BTC My AnalysisI am looking short position for Bearish.
Guys don't forget to Click Like button for appreciate me. Thank you so much.
frzbtchey there. hope to everyone is safe, after broke the red line (after 4-5 month) the Correction process is start.and we have a downward trend in a 1d timeframe (yellow Triangle) i think the Third Correction is going to end at (8600-8700) after its have to analysis again . because i said, its going to be upside . anyway hope you to always be in profit.
[BITCOIN] The Grande Finale is Soon Over Hello everybody.
I'm hella tired so I will make it short.
I feel so strongly about BTC heading back down that I dare to post it.
BTC have been rejected by the ¤H EMA 55 like 3-4 times now in a week and it cant get more bearish imo.
EMA 55 on the 4h is an important timeframe short to mid-term and the EMA 55 is being respected always. Always. But most never notice it I guess because it is not being respected as strongly as the 1 day EMA 55 does.
it is just one of many indications that it is over and BTC is heading back down to the 5000-6000 region at a minimum.
The 2 day RSI / Stoch is other significant factors and 1 day RSI is also bearish.
This is not financial advice but as you see on the chart it seems pretty that the top is in and btc is already heading down. ( broken formations, and the biggest formations more or less broken - a question about hours I think )
I'm writing this with 1 eye open so I hope you survive the poor quality of the analysis.
Have a nice day.
Wisdom of the day:
For every billionaire shilling BTC in the public we likely got 10 billionares buying the bottom, dumping the top and shorting the top. So just because we got a few billionaires promoting BTC it does not mean that they represent all billionaire whales. Nope, they ( mac kaiser, Tim Draper, The BTC twins and so on ) hey are all hodlerne not traders. They will do whatever it takes to pump their bags. Even if they belive in and love the project they shill. But every time you got a rich hodler you got maybe 10 rich traders that dont care about Bitcoin revolution but only cool cash. Even if it means BTC will ever go over 10.500 usd again. That is the truth. + Governments with unlimited fiat can block any chance of BTC going over 10.500 too. But the 99% never think like this..but belive in that if you belive in btc will go to 50k then it will just suddenly happen! - Nah, that is not how the financial world works. But that is how you lose your lifes savings being a fool playing vs the Wall Street Pro's where you can only lose in the long run and be lucky in the short run (retailers and fools) :)
Confucius_The_Great
Bearish Cypher on BTC?I am not too sure if it is valid but the FIB levels seem to match up well. What do yall think?
BTC Short setup.As per my previous post, sort opened at 9700 targeting 8800. Liquidity appears to be in this area and bulls don't seem very interested in this dip just yet. SPX and DOW futures have had another negative day and the open of the US markets will probably have further selling. BTC has been extremely correlated with the stock market and it shouldn't be ignored.
Closing 30% of my short at 8800 for a bounce, where I will enter with again and addition to the position once/if there's a bounce to around 9200-9300. Stop loss is at 9560 to close at a profit.
INTRADAY scalp set ups. camarilla play + CPR logicWe have a wide CPR range. chances of a ranging day usually higher than a trending day. which ever of these comes first is probably old ban easy day trade. entry should be on H3 and L3 after the PA looks something like the yellow lines. if the chart is a little unclear about that.
Rising Wedge with Bearish Divergence on 1D BTC ChartAs you can see, we are currently trading in a rising wedge pattern on the 1D BTC chart and have developed bearish divergence on the MACD and RSI oscillators. If bulls aren't able to invalidate the divergence and pattern by getting over $9950, I would expect a drop to support levels at $9150, $8800 and $8600 below. If we fail to hold these, $8000 and $7400 are the next key supports.
Is that the way the TOP Looks like? Are bulls Loosing Momentum?Welcome to fresh 4hourly analysis dear traders and investors!
Many of you are wondering is it time to short or not ? I would say it's definitely a good moment to enter low leverage short with stop loos at $9852 USD.
I'm short since $9780 USD with stop at $9852 on x10 leverage. Bulls loosing momentum slowly, EMA12 almost crossed 26EMA, previous cross on those MA's lead us to $700 USD drop.
AND IF BULLS FAILL TO HOLD PRICE ABOVE 200 MA , we are going to revisit mid 7Ks area, look at chart and you will see where previous EMA12 and EMA26 cross from above MA200 took bitcoin.
RSI Divergencies still in play, however theres a chance we haven't completed it and still can go to 10k area, but until 10.5k Zone reclaimed, i would look to reduce btc exposure.
Dear readers it important to say that, it IS early Short entry, obviously we are catching the top. There's still no signs of Weakness on bigger TF until price stays above 200 MA $9250-$9350 USD , TREND REMAINS BULLISH. All
mentioned above is early sings, this risk worths reword!
We got a lot of untested liquidity below us, from other hand theres liquidity above as well. From my view, we are in distribution area, and its time for a bumpy ride to accumulation stage!
Appreciate your time! Soon TG channel group launch with consistent updates and fresh market news, stay tuned guys !
