BTC-USD
BTC/USD - weekly Analytics + Altcoins 18.04.2022The downtrend has not been broken yet in Bitcoin . The key resistance level is 39.300, local correction rebounds are possible (this confirms the pessimism of investors). It will be possible to understand whether they develop into a stable rising trend after the drawing of future waves. In general, it is worth keeping your eye on the ball, it is dangerous to short and buy from the current levels, the best position in our opinion is to be outside the market.
Altcoins:
In our opinion, TRX still looks attractive for buying, yes, there is a possibility of local decrease, but it should not affect the global growing trend.
BTC/USD - weekly Analytics + Altcoins 18.04.2022The downtrend has not been broken yet in Bitcoin. The key resistance level is 39.300, local correction rebounds are possible (this confirms the pessimism of investors). It will be possible to understand whether they develop into a stable rising trend after the drawing of future waves. In general, it is worth keeping your eye on the ball, it is dangerous to short and buy from the current levels, the best position in our opinion is to be outside the market.
Altcoins:
In our opinion, TRX still looks attractive for buying, yes, there is a possibility of local decrease, but it should not affect the global growing trend.
#LUNA #CRYPTOI recommend selling the LUNA coin because it will drop to the price of 51 and then it will be reversed. I recommend buying and selling from 51.
LUNASHORT
BTCUSD Potential Bullish Pressure | 13th April 2022The price is on bullish pressure. Price can potentially rise from buy entry level of 39371.41 in line with 78.6% Fibonacci retracement towards the take profit level of 42563.45 in line with 38.2% Fibonacci retracement and 100% Fibonacci projection , with a graphical pullback resistance. Our bullish bias is supported by the stochastic indicator where price is trading at support level .
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.
BTCUSD EYEING LOWER LEVELS - ELLIOTT WAVE ANALYSISHi Elliotticians, BTCUSD is trading bearish on the 30min chart. I labelled a five-move down into a wave 5 of a higher degree, where price can now be ending a sub-wave iv of 5. Sub-wave iv looks like a triangle correction, which means one more leg lower is coming. An impulsive break below the 39285 mark would be a confirmation that a triangle correction is completed, and sub-wave v of 5 underway, targeting 38540 mark, where sub-wave i would equal sub-wave v.
Trade well.
BTCUSD Potential Bullish Pressure | 13th April 2022e see the price is on bullish pressure. Price can potentially rise from buy entry level of 39371.41 in line with 78.6% Fibonacci retracement towards the take profit level of 42563.45 in line with 38.2% Fibonacci retracement and 100% Fibonacci projection, with a graphical pullback resistance. Our bullish bias is supported by the stochastic indicator where price is trading at support level.
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.
BTCUSD Potential Bullish Pressure | 12th April 2022Price is near a pivot . We see the potential for a bullish rise from our buy entry at 39446.05 in line with 78.6% Fibonacci retracement towards our Take Profit at 43396.31 in line with 50% Fibonacci retracement . Our bullish bias is supported by the stochastic indicator where price is trading at support level .
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.
BTCUSD Potential Bullish Pressure | 12th April 2022Price is near a pivot. We see the potential for a bullish rise from our buy entry at 39446.05 in line with 78.6% Fibonacci retracement towards our Take Profit at 43396.31 in line with 50% Fibonacci retracement. Our bullish bias is supported by the stochastic indicator where price is trading at support level .
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.
THIS IS MY CHEAT SHEET DRAWN IN JANUARYSTILL WORKS LIKE MAGIC
TRADING IS EASY
Ok It aint easy but it is possible
I DREW THOSE 2 BOTTOM LINES BEFORE THE PRICE WAS ANYWHERE NEAR THOSE LEVELS
LEVELS TO THIS F*CKN GAME HUH?
Spot buying later this year (10-15k)
BECOME A MILLIONAIRE IN 2025
OR DIE TRYING
@Tradersweekly check this again
BTCUSD BREAKDOWN IN PATTERNS Overall we seen a head and shoulders reversal pattern which initially broke downwards. To complete this pattern we see a bear flag (continuation pattern) forming to complete prices break down to the main trend and solid support at the 29,100 level. If price holds we can see bitcoin take another ramp up but that analysis is for when price action happens
BTC/USD - weekly Analytics + Altcoins 11.04.2022Due to the formation of a false breakdown from the level of 45.400, chances for further quotes decrease are growing. Only a return beyond that level will provide an opportunity for growth for both the entire crypto market and for bitcoin in particular. At the moment, the scenario with the breakdown of the local bottom around $33,000 is quite likely.
Altcoins:
In our opinion, TRX still looks attractive for buying. Yes, there is a possibility of local decrease, but it should not affect the global growing trend.
Unveil the mystery of How Market Marker makes money.The more we understand how Market works, the better financial market serves us and bring benefits to everyone.
Market Marker ultimate goal is to make people lose money by using fear and greed.
The Market would be extremely healthy if people don't act upon the irrational decision based on fearful and greedy emotions.
The more fearful or greedy people in the market, the larger power of Market Makers. That's why Market Makers best tools are news, politician and crisis.
They love crisis and actually want more crisis.
Price in number is actually an illusion of what is happening behind to curtain. When more people understand the market, they will at least stay out of being controlled and giving money to the MM.
Here is the breakdowns of what has been happing for couple of days:
Step 1: Buyer exhaustion. Market makers pushed up the price to the key supply at 48k. The reason why price consolidated around 46k-48k is whether to wait for shorts or FOMO buyers. However, sheeps were not interested in to FOMO at 48k nor people wanted to shorts at 48k. Hence, Market Makers started to make they plan to move down the price.
Step 2: MM realized not much of shorts nor FOMO spot buyers. Hence they starts the dumping plan right here. Huge sell volume from 48k to 44k. Everyone thought it was just a healthy retrace.
Step 3: Price moved up again to 47k. Everyone confirmed they're correct and smart stuff. They were ready to long. Bitcoin consolidates more around 46k-47k, more people were confident to long. Every time price moved up, people got more confident to long. However, MM started to sell. Three times, MM pushed price up to 47,3k and sold the market by those wicks to the upside.
Step 4: Test dump. People thought it was just a retrace and got more support from below at 43k-44k. They didn't want to get out of Unrealised losses of long positions.
Step 5: Dump through all "Strong supports": 50EMA, Previous highs, .... Stop loss got hit. Capitulation began. Price moved even lowers, many longs got out of positions 'cause strong supports got broken down.
Step 6: MM dumps test the market again to make sure no one long here at 41k-43k. Consolidating around 41k-43k to attract more shorts to jump in. Just like they did with the longs at 46k-48k.
Rinse repeat.
This is why we should stay out of leverage trading, future trading, margin trading....
Also why SEC only approves Bitcoin Future ETF and postpone the Spot because they want Bitcoin to collapse.
BTCwhile almost every btc trader was looking for buy i was looking for sell because i see some sell pending orders, the first sell zone i spot wasn't really respected, i draw it line with yellow line. on the chart here i wasn't just happy with the volume of that got to the sell zone so i take it to my self sellers are not just ready for sell because there are higher selling price about 40pips above.
i told my friend it was easy to catch 100pips on btc with the right entry, i caught 150pips with this massive sell that just appeared.
BTCUSD Potential drop | 8th Apr 2022On the H4, with price moving below the ichimoku cloud , we expect to see a potential for bearish drop from our entry of 44481 in line with the 23.6% Fibonacci retracement towards our take profit at 37725 in line with the swing low support. Alternatively, If price breaks out, it can potentially move towards our stop loss at 46843 in line with the swing high resistance.
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
BTCUSD Potential drop | 8th Apr 2022On the H4, with price moving below the ichimoku cloud , we expect to see a potential for bearish drop from our entry of 44481 in line with the 23.6% Fibonacci retracement towards our take profit at 37725 in line with the swing low support. Alternatively, If price breaks out, it can potentially move towards our stop loss at 46843 in line with the swing high resistance.
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
BTCUSD Potential bearish drop | 7th Apr 2022On the H4, with price moving below the ichimoku cloud, we expect to see a potential for bearish drop from our entry of 42881 in line with the 50% fibonacci retracement towards our take profit at 37725 in line with the swing low support. Alternatively, If price breaks out, it can potentially move towards our stop loss at 44481 in line with the 23.6% Fibonacci retracement level.
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.