BTC-USD
BTCUSDT UPDATE!!!!!Hi Traders,
So prices are continuing to follow the bearish trend. The next question to ask yourself is where will enough support be found for prices to start rising again?
Currently prices are within a confluence zone and could either potentially rebound from here or breakthrough towards the zones beneath. Keep in mind that we are edging closer to the 0618 FIB too.
We have gone back and looked at past areas where large orders where placed and have depicted these areas through the red zones that you can see on the chart. The second zone has good volume coming into it as seen through the volume bars to the right of the chart. The third zone also has good volume coming into it if the first and second zones fail to hold as support. The last zone is if prices decide to square up the move up however this seems to be unlikely for prices to come down so much.
However, we will watch price action carefully as it develops and goes through these zones of support.
As always if you enjoy the content don't forget to click the like button and make a comment on your opinion.
Thanks
MS
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short term bullish.. dead cat bounces.just an opinion. i think there will be one more huge pump , (not breaking another ATH) this year and then a massive dump leading into next bull cycle. Hype has died down , people are going back to stonks but too much big money and reputations involved rn to just simply drop this down another 30-50% after just dropping over 50%. please let me know your thoughts ! :)
BTCUSD 4H (Stabilize under 33300, it can be touch 28900)LOADINGBtcusd if can stable under red zone (33300$) you should care about it because it can be get 28900 then will grow up,
In the previous idea we said will make same scenario like January of 2021 ,in the 28900 eill make more power to grow up,
But if can’t break 33300 again will grow up till 38000
BTC/USD - weekly Analytics + Altcoins 07.06.2021Consolidation in the form of a triangle in bitcoin comes to its logical conclusion and soon there should be a true breakthrough of the resistance or support, which will set the main tone for future movements. We are expecting a long of scenario development, because the investors' mood is very pessimistic and the technical picture is tilting the scales towards the growth. The confirmation of that idea will be a growth to the level of 38500 and an impulse to continue the ascent.
Altcoins:
TRON and HIVE stand out as the most promising coins for a steady rising trend.
BTCUSD 1D (important zone)In the previous idea we said will get 41000 but can’t get it this price but we can got 39500,
But important thing is breaking of important price it is 41000 breaking this price will get a upward direction,
——-
tendency: upward
entry: above 37500
TP.: 41000 and 47300
SL.: under 24000
Symmetrical triangle breakout x BTC Part 10Here we see a breakout of a symmetrical triangle towards the upside awaiting a pending retest of either the 0.618 level(again) or the top trendline of the triangle(more unlikely).
The following targets are at the 0,786 level( 38k) and the max(1.00(43k)) respectively. Long-term: TOTHEMOON
Good luck and follow me for more
BTCUSDT UPDATE!!!!!Hi Traders,
So on the most recent leg up we saw prices find some sensitivity in the markets as prices edged closer to the order block where a rejection occurred and prices pullback with a follow up of a new lower high. Currently we are now seeing prices going back up to form a new lower high at the order block which lies between the the 0.618 and 0.786 FIB levels. We will watch prices as it completes the new lower high within that zone for a potential pullback to the 0.382 fib level where then prices go up to the top order block where R1 pivot lies and the 100MA 4HR can be seen. If this series of events occur then we can expect prices to push back up and look bullish again.
However, if we fail to create new higher highs not he 4HR then we will look for prices to tap into more liquidity at the lower 2 zones for prices to then go back up.
A lot of money has been pulled out of the market and there needs to be a period of time where liquidity/positions are built up for prices to go back to their normal bullish motive. Due to the recent event where we have seen such a huge sell off we will need to keep in mind that we could see a big rise in prices for the institutions to trap LONG traders in the market and give the perceptions that the market has recovered to then push prices to create new lower lows on the higher timeframes.
As always if you enjoy the content don't forget to click the like button and make a comment on your opinion.
Thanks
MS
BTCUSDT UPDATE!!!Hi Traders,
So on the most recent leg up we saw prices find some sensitivity in the markets as prices edged closer to the order block where a rejection occurred and prices pullback with a follow up of a new lower high. Currently we are now seeing prices going back up to form a new lower high at the order block which lies between the the 0.618 and 0.786 FIB levels. We will watch prices as it completes the new lower high within that zone for a potential pullback to the 0.382 fib level where then prices go up to the top order block where R1 pivot lies and the 100MA 4HR can be seen. If this series of events occur then we can expect prices to push back up and look bullish again.
However, if we fail to create new higher highs not he 4HR then we will look for prices to tap into more liquidity at the lower 2 zones for prices to then go back up.
A lot of money has been pulled out of the market and there needs to be a period of time where liquidity/positions are built up for prices to go back to their normal bullish motive. Due to the recent event where we have seen such a huge sell off we will need to keep in mind that we could see a big rise in prices for the institutions to trap LONG traders in the market and give the perceptions that the market has recovered to then push prices to create new lower lows on the higher timeframes.
As always if you enjoy the content don't forget to click the like button and make a comment on your opinion.
Thanks
MS
⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️
BTC/USD - weekly Analytics + Altcoins 31.05.2021Investor sentiment continues to be at pessimistic levels, which indirectly indicates the possible beginning of the growth of quotations. Now regarding the technical picture of movements, we can highlight two key resistance levels of 36600 and 40000, overcoming these marks will significantly increase the chances of further Bitcoin rise. Overall, the situation looks stable and we see the current graphical movements as players' interest in buying.
Altcoins:
We highlight TRON and HIVE as the most promising coins to develop a steady rising trend.
Complete Market Cycle x BTC Part 9 Possibly the most prolific take on the future of the coin given the current, controversial period of its existence. Here we see a complete market cycle based on the Elliott Wave theory. The layout is limited to primary and intermediate waves only with exception to the emphasis placed on the leading diagonal pattern. The motive VS correctional distinction is also highlighted with 5 intermediate motive waves as well as 3 intermediate correctional waves. The price right now resides in a symmetrical triangle biased to a reversal with a possible false breakout - nothing further than 28k. Thus I strongly believe the 3rd wave of the primary cycle shall follow, taking Bitcoin to new highs and to the moon !
BTCUSDT UPDATE!!!!Hi Traders,
Currently prices are testing support and resistance levels and creating higher highs and higher lows. Price came down to tap into more liquidity at the bottom zone and has rejected as support followed by a push higher in prices. We're currently within a confluence zone, if we can get a break into the top zone with a close above the middle zone followed by a confirmation candle which presents itself as a rejection candle with wick to the downside it will give us the indication that prices will push higher. If we do not see this occur then prices will look for further liquidity further down.
As always if you enjoy the content don't forget to click the like button and make a comment on your opinion.
Thanks
MS
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BTCUSDT UPDATE!!!!Hi Traders,
BTC has started its rebound/pullback phase so we should see prices continue pushing higher. Its currently tapped into liquidity at our confluence zone, we will watch prices closely from here with. We will want to see a break of the current zone with confirmation of past resistance turn support for the continuation in prices to push higher towards the next zone above.
As always if you enjoy the content don't forget to click the like button and make a comment on your opinion.
Thanks
MS
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Short Term trade Idea for BTCUSDLooks like we're making a break out of a descending wedge and broke above our 21 EMA on our short term 4hr chart. This is looking like a trade setup, the better option is to wait for a better entry if we can make a test for a Higher Low. We are currently holding 21 EMA support, so as long as that hold, we will most likely slowly creep up to test 45-50k. Our first area of resistance is 40-42k. Take Profit near top of pink channel so it all depends on how long it takes for us to get there.
The reason why I make this a short term trade is because if we go on the longer time frame (1 Week Chart), it look's like we have maybe this week or next week to go up and test 21 Weekly EMA(yellow) as resistance. If resistance is strong then we'll most likely head down to test 81 EMA(purple) which sits at upper 20k.
And going to our 1 Daily, we are hitting oversold on our RSI. So I expect us to make a rebound to test 21 Daily EMA(yellow) which also happens to sit around 45k. Overtime 21 EMA will lag lower and lower from this point on until we make it above it.