Btc-usdt
₿ Bitcoin Moment Before Fall ₿₿ Bitcoin Moment Before Fall
₿ Nearest strong support zone: around the 0.236 level of the upward wave.
₿ Nearest strong resistance zone: around recent highs.
₿ Technical environment:
- Moving averages: Uptrend
- MACD: Downtrend
- RSI: Uptrend
₿ Price action: Bitcoin over the past few days has no desire to continue the uptrend, exactly as I wrote in the last post, it started forming a flag formation. The only thing I can expect from such a formation at this point (after such a strong breakout) is an imminent downward crash. The closest target is the fibo level of 0.236 of the upward wave.
₿ The scenario I'm playing out is a breakout from the flag formation to the bottom. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
₿ Please do not suggest the path I have outlined with lines it is only a hypothetical scenario.
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₿ Bitcoin Correction Before Continuation Of Growth ₿₿ Bitcoin Correction Before Continuation Of Growth
₿ Nearest strong support zone: around the 0.236 level of the upward wave.
₿ Nearest strong resistance zone: around the 0.618 level of the downward wave.
₿ Technical environment:
- Moving averages: Uptrend
- MACD: Uptrend
- RSI: Uptrend
₿ Price action: looking at Bitcoin's increase in recent days I am impressed, it has beautifully kicked off the levels I have been writing about for the past weeks. After such strong increases amounting to a whole 37% from the bottom, a correction is due, as I don't see any chance of finding new buyers with such a still recently negative sentiment. Bitcoin needs to make a small downward correction if we were to hope for continued increases.
₿ The scenario I'm playing out is the execution of a downward correction followed by a continuation of the increases. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
₿ Please do not suggest the path I have outlined with lines it is only a hypothetical scenario.
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FLASH TRADE ON BTC TARGET 10%ITS MICRO UPDATE FOR LAST BULLISH POST NOTHING CHANGE FOR ME
These trades reflect my trading history and are not investment advice and I am not your financial advisor
Trades will be updated on the same published chart such as Take Profit, Early Exit or Partial Exit..... Good luck to all
my previous trades on BTC
₿ Bitcoin Correction Before 20k ₿₿ Bitcoin Correction Before 20k
₿ Nearest strong support zone: around the 0.236 fibo level of the downward wave.
₿ Nearest strong resistance zone: around level 0.618 of the downward wave.
₿ Technical environment:
- Moving averages: 50/50
- MACD: Uptrend
- RSI: Uptrend
- Supertrend: Uptrend
₿ Price action: bitcoin has taken off beautifully in recent days was exactly as I wrote in previous posts:
Reaching 19k today, it took advantage of the dollar's weakness over the past week and gave a clear signal to everyone that the bottom is behind it. Looking at the dynamics of the candles, I expect the dollar to strengthen in the coming days, which could cause a downward correction on Bitcoin that could even take us to the 18k area. After that, I expect the growth to continue.
₿ The scenario I am playing out is the start of a decline and the continuation of the uptrend after a correction is made. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
₿ Please do not suggest the path I have outlined with lines it is only a hypothetical scenario.
🚀 If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile. 🚀
Nasdaq100 IndexLooks Like Long Downtrend Is Over
Rsi printed bulish divergence failed to make New Low Now we have resistances like 200sma trendline resistance = horizental resistance
us100 needs to breaks thiese hurdels then on retest can enter for long
₿ Bitcoin Road to $20k ₿₿ Bitcoin Road to $20k
₿ Nearest strong support zone: Surrounding the recent lows of the downward correction.
₿ Nearest strong resistance zone: the 0.618 fibo level of the entire downward wave (21500).
₿ Technical environment:
- Moving averages: 50/50
- MACD: Uptrend
- RSI: Uptrend
- Supertrend: Downtrend
₿ Price action: Bitcoin is not about to fall anymore since the accumulation that has been going on since June 2022 is slowly coming to an end, as you can see there are no more sellers at the 16k price. Weak hands have already gotten rid of Bitcoin, all the big players have already accumulated around 20k and are just waiting for capital to return to the financial markets, Bitcoin in my opinion will follow the major stock indices of the United States and we will systematically see it at higher and higher levels.
₿ The scenario that I am playing out is the start and continuation of increases on Bitcoin over the next weeks/months. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
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₿ Bitcoin Wakes Up ₿₿ Bitcoin Wakes Up
₿ Nearest strong support zone: around recent lows.
₿ Nearest strong resistance zone: around 18k.
₿ Technical environment:
- Moving averages: 50/50
- MACD: Uptrend
- RSI: Uptrend
₿ Price action: over the recent Christmas period Bitcoin stood frozen around 16.5k for an extended period of time, todays candle clearly stands out from the rest. We are currently scoring a correction but if we managed to maintain the upward momentum, the area around the nearest resistance is within reach.
₿ The scenario I'm playing out is a continuation of growth to the vicinity of recent resistances, but I don't exclude a break through 18k. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
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₿ Bitcoin Quiet Before The Breakout ₿₿ Bitcoin Quiet Before The Breakout
₿ Bitcoin has been hovering around 16k for almost two months where any attempt to drop is pulled up very quickly.
₿ It looks to me like a typical accumulation which is very characteristic on most cryptocurrencies.
₿ So far, it does not look like Bitcoin is going to go even lower. Looking at the high correlation with US indices which are also preparing for the next wave of increases. A breakout at the current moment seems much more likely to me.
₿ The scenario I am playing out is to wait for the first signs of a return of growth and join the uptrend. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
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₿ Bitcoin Waiting For A New Upward Momentum ₿₿ Bitcoin Waiting For A New Upward Momentum.
₿ Still no decision on Bitcoin. The last hours again brought a small downward impulse. Which, with its range, did not move significantly away from the support zone on which we are currently located.
₿ Looking at the technical environment, with an emphasis on the long-term perspective, it looks like the next few weeks could be really rich in growth.
₿ I am still waiting for a strong upward momentum to begin, which would confirm my long-term perspective.
₿ The scenario I am playing out is to wait for an upward breakout to join the upward movement. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
₿ *Please do not suggest the path I have outlined with lines it is only a hypothetical scenario.
🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
₿ Bitcoin The Beginning Of Increases? ₿₿ Bitcoin The Beginning Of Increases?
₿ Bitcoin has defended the support zone determined by the 0.618 level of the entire upward wave from the bottom to the current peak.
₿ It looks like there is no more strength for the declines.
₿ Looking at the technical environment, the chance of executing a new upward wave is increasing.
₿ The scenario I'm playing out is the start of the increases and, in the long term, the breakout of new peaks. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
₿ *Please do not suggest the path I have outlined with lines it is only a hypothetical scenario.
🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
₿ Bitcoin Chose To Decline ₿ ₿ Bitcoin Chose To Decline
₿ The post is a direct follow-up to my yesterday's post in which I wrote about the possibility of attacking the recent lows:
₿ As you can see, Bitcoin chose to move south which opened up an opportunity to attack the 0.786 level of the entire upward wave from the bottom to the current peak.
₿ The resistance zone is located around the fibo 0.5 level.
₿ Looking at the technical environment: MACD, RSI the fact that we are under the moving averages only confirms my downward scenario.
₿ The scenario I am playing out is a continuation of declines to the vicinity of the support zone, where I will be on the lookout for how the price will behave because I believe that within the next few weeks we are in a position to start a new upward wave. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
₿ *Please do not suggest the path I have outlined with lines it is only a hypothetical scenario.
🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀