Btc-usdt
might be right might be wrong, are bears back?Try using your own thoughts... everyone can be wrong... there are patterns for either directions ..
Indicators talk only about the past, they don't tell you about the future, forget about indicators, price action and harmony are better,,,
Although they too may be distorted due to the leveraged trends specially on shorter TFs.
Most of many who claim being trading teachers, the owner of the blah blah academy and such , aint know nothing... the economy has failed worldwide, otherwise the world would not be in this situation... we are facing economy collapse, do you thing the invented and many made up tools are perfect? perhaps no!!
Only gold is Gold
Fakeout until we BreakoutSo there’s proof that a lot of bitcoin has been greenlighted for major purchases….perhaps even already purchased but the price action is showing the retracement back down to either the bottom of the descending channel or the bottom of the rising support on macro time frame (white line). Either way, i think every time I’ve tried to short bitcoin it never works out….so buy the dip is my best advice.
The Wyckoff model predicts that after this retracement our beloved bitcoin might actually show us the final phase of the running flat correction in which we go parabolic. Terra and Microstrategy and others have now pulled out loans to buy more bitcoin, but remember every time you buy bitcoin it must be SOLD to you, so expect the dip when major buyers come in. The imbalance between supply and demand must be met to increase price action. So far we have lots of supply being slowly sold into buyers and when volume picks up that will show us when the storm begins.
Good luck traders. Not sure if you got the memo but we already hit the bottom at $34k and won’t be back there for a long time. IMO
Bitcoin Daily Chart Analysis#Bitcoin USDT Pair:
TA 1D Chart- #BTC/USDT
👉 In Daily TF it's following a falling Ascending Triangle pattern.
👉 It did breakout above from marked Resistance Zone.
👉 As of now, seems Bullish.
👉 Target is about 52K in short term .
👉 Strong buying Area- retest at marked support zone.
Keep Learning😃💯
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Cheers,
Team Crypto Billu
#CryptoBillu #HappyTrading💯 #NFA #DYOR
btcusdtWith BTC reversing sharply as of late, we can safely assume that ~33.5k was the bottom and that a new phase has started for crypto.
When comparing the BTC chart of the past 1.5 years, we can see some striking similarities with one of Wyckoff's Distribution schematics. Obviously, no real-world pattern will exactly copy the schematic. More important are the positions of the points of inflection.
BTCUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are looking at BTC/USDT in a daily time frame. As you can see, the price finally succeeded to break through an important resistance line after having previouly tried to do so a few times, yet in vain. Thus the previous resistance line has turned into a support zone above which the price is consolidating at the moment. Nevertheless, another possible resistance area can be seen ahead of the price to which the price can react, moving back to our support line S1 for a pullback to prepare another rise to the next resistance. Another possibility for the price is to directly rush into the next resistance line (R1), leave it behind and move towards R2.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
MARKET MAKER GAMES HAVE BEGUNLMAO how many long liquidations??? How many investors keep trying to buy when bitcoin has already pumped? It fascinates me the herd mentality. Meanwhile the fear and greed index jumped from 26 to 31 to 40 to 47 which shows the reactive trend of people buying bitcoin now that it shows “growth” on their robinhood accounts…..let’s be real here and understand that $46k is going to take a LOT to break through and hit $52k. Lack of volume….altcoins are showing massive volatility and interest compared to bitcoin. I’m shorting to $30.5K…. Good luck. Market has not priced in any of the bad stuff yet to come.
BTCUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. As you can see the price has hit the top of our channel. Yesterday's candle made a shadow and then fell to the S1 line. We expect the price to fluctuate here and then reach the S1 line. We will post an update if anything happens there. If R1 is broken, it can move up to R2 which is a good area to sell. We need to wait for the price to see which side of this zone it breaks. Given yesterday's shadow, a price correction is likely. If it wants to go up, it needs to break R1. If S1 is lost it will fall down to S2 which is less likely. What we expect for Bitcoin is a little correction.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
Potential bull flag pattern 15 min timeframe BTC-USDTThis just in…..whales are buying dips and eating chips….parabolic mode almost activated…Shorting bitcoin is a bad idea for the time being right now. Yes it might retrace back to $35K but will you be patient enough to wait for that to show on the actual price? Technical analysis only goes so far, but our expectations should be positive and hopeful for gains. Not fear of loss.
My entry was @41,500 and i am perfectly fine not being the first one to buy the bottom i needed confirmation of the uptrend, now its paid off nicely! Just going to hold bullish trade until about $44K then reassess.
My theory is once BTC touches the bottom of the bull flag shown it will go parabolic to about $45K
Good luck trade safe, manage risk well.
BTCUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the 4-hour time frame. There is the S1 support which the price is getting close to. Previously it has reacted to this area and if this time it is supported again, it will move up to R1 and then R2. If S1 is lost, after a pullback the price can fall down to its next support S2. The price can also move up from right here but it is more likely for the price to start going up after hitting the S1 line.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck