BTC - crucial daily close coming!Here's a quick look at the 8 hr. BTC chart.
Upon closer examination of the current market price, it appears that a larger rising wedge pattern is being formed. While the price has recently attempted to break below the rising wedge, it is important to note that a break to the downside could potentially trigger a decrease to 25k. If we get a daily candle close below the wedge, then the downside scenario is likely to play out!
Moreover, it is worth emphasizing that the resistance level between 31k and 32k holds significant importance in the current market context. If this barrier is successfully breached, it is highly likely that the price will continue to rise and reach the 35k threshold. On the other hand, if the price breaks out to the downside from the rising wedge pattern, a drop to 25k would seem to be a more probable outcome. Therefore, it is crucial to closely monitor the movements of this wedge pattern to make informed investment decisions.
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Recent Altcoin trades:
ARB / USDT: 30% profit!
ROSE / USDT: 5% profit!
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About our trades:
Our success rate is notably high, with 10 out of 11 posted trade setups achieving at least their first target upon a breakout price breach (The most on TW!) . Our TradingView page serves as a testament to this claim, and we invite you to verify it!
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BTC dictates the market. If BTC falls, then Alts will drop as well. Trade safe!
BTCBUSD
Is the Head and Shoulders pattern Trigger for Bitcoin to Fall❗️❓Bitcoin seems to have broken the ascending and descending channels & 🟢support zone($ 29,200-$ 28,730) 🟢 by the Head and Shoulders pattern .
Of course, the decline in the price of Bitcoin was expected by me based on my previous posts in the daily time frame: (I suggest you view my previous posts).
About the Head and Shoulders pattern, there are several points that add to the validity of this pattern:
1- If the neckline slope is negative.
2- The slope of the right shoulder towards the neckline should be greater than the slope of the left shoulder.
3- The volume of the right shoulder is greater than the volume of the left shoulder.
✅ All of the above factor into this Head and Shoulders pattern created in Bitcoin.
Bitcoin seems to have broken the lower lines of the ascending and descending channel and the neckline of the Head and Shoulders pattern (now BTC is pulling back) and it is expected that at least Bitcoin will fall to the Price Reversal Zone (PRZ) and 🔵CME GAP($ 28,720-$ 28,265)🔵 and react to the important support line.
Bitcoin Analyze ( OKX:BTCUSDT ), 4-hoour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
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Bitcoin is ready to break the Descending channel(Short term)🚀Bitcoin has been moving in a Descending Channel for about 3 days.
The formation of the Inverse Head and Shoulders pattern near the 🟢support zone($ 27,820-$ 27,700)🟢can be a good sign of breaking the upper line of the descending channel.
I expect Bitcoin to start growing after breaking the upper line of the descending channel.
The increase of Bitcoin can be as vast as the descending channel and up to the 🔴resistance zone($ 29,200-$ 28,730) 🔴.
Bitcoin Analyze ( OKX:BTCUSDT ), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
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Bitcoin is completing a pullback and Falling again😉(Short term)Bitcoin reacted to the bottom of the descending channel and the 🟢heavy support zone($ 29,200-$ 28,730) 🟢, and the bottom of the ascending channel in the 4-hour time frame after falling from the Top of the descending channel with the Double Top pattern, but due to the momentum and volume of the breakout candle, I expect Bitcoin after That the pullback to the lost support zone, which is now the resistance zone, will make a renewed 👊attack👊to break the support zone and the bottom line of the ascending channel.
If you want to see the 4-hour time frame Bitcoin analysis, visit the post below.👇
Bitcoin Analyze ( OKX:BTCUSDT ), 30-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
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BTC forming a rising wedge! Taking a glance at BTC's hourly chart, it becomes apparent that the price has been forming a rising wedge pattern, which is commonly considered a bearish signal. Furthermore, the price has exhibited weakness through multiple bearish divergences across various timeframes. As a result, it would be prudent to monitor this rising wedge for a potential breakout. In the event of an upward breakout, it would be wise to observe the 32k level, as it represents a crucial resistance point. Conversely, a downward breakout could cause the price to fill the Fair value gaps displayed in the chart.
It is crucial to note that there is an unfilled CME gap located at 35.7k. It is plausible that the price may close this gap before reverting to a downtrend.
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About our trades:
Our success rate is notably high, with nine out of ten of our posted trade setups achieving at least their first target upon a breakout price breach. Our TradingView page serves as a testament to this claim, and we invite you to verify our results firsthand.
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Recent Altcoin trades:
ARB / USDT: 17% profit
MATIC / USDT: 4% profit (Still going)
DOGE / USDT: 20% profit
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BTC dictates the market. If BTC falls, then Alts will drop as well. Trade safe!
Bitcoin breaks the support zone and the middle line👇Hi everyone👋
Bitcoin is moving in an ascending channel.
Bitcoin managed to break the 🟢support zone($ 29,880-$ 29,660)🟢 and the middle line of the ascending channel by the candle 4 hours ago. (The volume of the breakout candle was acceptable).
Bitcoin's next destination after the pullback to the middle line and support zone will be the next 🟢 support zone($ 28,900-$ 28,600) 🟢.
You may ask yourself whether Bitcoin will be able to break the ascending channel downwards or not.
🔔To answer this question, I got help from 3 indicators in the daily time frame :
The MACD indicator shows Regular Divergence(RD- ) .👇
The RSI indicator shows Regular Divergence(RD-) and is forming a Double Top pattern , which means that if the neckline breaks, the probability that the ascending channel of Bitcoin will break downwards is very high.👇
The Stochastic RSI indicator shows us the end of the movement well.👇
Bitcoin Analyze ( OKX:BTCUSDT ), 4-hoour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
BTC - Massive rising wedge!Here's a quick look at BTC 8 hr. chart
Upon closer examination of the current market price, it appears that a larger rising wedge pattern is being formed. While the price has recently bounced back from the lower boundary of this pattern, it is important to note that a break below this level could potentially trigger a decrease to 25k.
Moreover, it is worth emphasizing that the resistance level between 31k and 32k holds significant importance in the current market context. If this barrier is successfully breached, it is highly likely that the price will continue to rise and reach the 35k threshold. On the other hand, if the price breaks out to the downside from the rising wedge pattern, a drop to 25k would seem to be a more probable outcome. Therefore, it is crucial to closely monitor the movements of this wedge pattern to make informed investment decisions.
-------------------------------------------
Recent Altcoin trades:
ARB / USDT: 30% profit!
ROSE / USDT: 5% profit!
-------------------------------------------
About our trades:
Our success rate is notably high, with 10 out of 11 posted trade setups achieving at least their first target upon a breakout price breach (The most on TW!) . Our TradingView page serves as a testament to this claim, and we invite you to verify it!
-------------------------------------------
If you like the content, then make sure to comment and like the post :D
Follow me for daily profitable trading setups.
BTC dictates the market. If BTC falls, then Alts will drop as well. Trade safe!
Ending Bitcoin's Pullback by Expanding Flat(Short term)!!!😏First, I must say that in order to have a better understanding of this post, I suggest you look at the following post in the 4-hour time frame.👍👇
Bitcoin's pullback to the broken 🟢support zone($ 29,880-$ 29,660)🟢 seems to follow the corrective structure of the Expanding Flat (3-3-5/ABC/most common), so that the end of wave C is at 🟡 Price Reversal Zone(PRZ) 🟡.
I expect Bitcoin to fall at least until the next 🟢 support zone($ 28,900-$ 28,600) 🟢.
Bitcoin Analyze ( OKX:BTCUSDT ), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Bitcoin Analyze (Short Term,15-minute Time Frame,04/15/2023)🌊
Bitcoin has been able to go through 5 main waves at $ 31,043, and now it seems that you have started corrective waves.
Bitcoin is currently moving near the resistance line and 🟡Price Reversal Zone(PRZ)🟡.
I expect Bitcoin to finish microwave 4 near the PRZ and microwave 5 to continue at least to the 🟢support zone($ 29,880- $ 29,630)🟢 and support line.
Bitcoin Analyze ( OKX:BTCUSDT ), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Bitcoin is starting to fall🌊(Short term/15-minute)!!!First, I must say that if you are looking for a better understanding of this post, I recommend you to look at the following post for a few seconds.👇😉
It seems that with the break of the 🟢 support zone($ 30,326-$ 30,260) 🟢, Bitcoin will enter microwave 3 from the main wave 5, and I expect this fall to continue until the 🟢 support zone($ 29,880- $ 29,630) 🟢.
Bitcoin Analyze ( OKX:BTCUSDT ), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
BTC forming a massive rising wedge! Here's a quick look at the BTC 8 hr chart.
Upon closer examination, it appears that the current market price has been constructing a larger rising wedge pattern. Should the price maintain its position within this particular formation, the most probable course of action would entail a subsequent decrease in value.
Furthermore, it is worth noting that the resistance level lying between 31k and 32k holds a significant degree of importance in the current context. In the event that this resistance barrier is breached, it is highly likely that the price will proceed to reach the 35k threshold. However, if the price instead breaks out to the downside from the rising wedge, a drop to 25k would seem to be the more plausible outcome. Therefore, it is crucial to keep a close eye on the movements of this wedge pattern.
-------------------------------------------
Recent Altcoin trades:
ARB / USDT: 30% profit
-------------------------------------------
About our trades:
Our success rate is notably high, with 10 out of 11 posted trade setups achieving at least their first target upon a breakout price breach (The most on TW!) . Our TradingView page serves as a testament to this claim, and we invite you to verify it!
-------------------------------------------
If you like the content, then make sure to comment and like the post :D
Follow me for daily profitable trading setups.
BTC dictates the market. If BTC falls, then Alts will drop as well. Trade safe!
BTC Forming a bullish pattern!Here's a quick look at the 1 hr. BTC chart. The analysis shows that the price is currently exhibiting a bullish flag formation. A decisive break to the upside could potentially trigger a move toward the 32k mark. Furthermore, if the resistance level is breached, it is highly probable that prices will reach the 31k and 32k levels. Conversely, should the support zone give way, it is likely that the price will experience a downward momentum and fill the Fair Value Gap.
-------------------------------------------
About our trades:
Our success rate is notably high, with nine out of ten of our posted trade setups achieving at least their first target upon a breakout price breach. Our TradingView page serves as a testament to this claim, and we invite you to verify our results firsthand.
-------------------------------------------
If you like the content, then make sure to comment and like the post :D
Follow me for daily profitable trading setups.
BTC dictates the market. If BTC falls, then Alts will drop as well. Trade safe!
BTC - Head & Shoulders pattern forming! Upon observation of the price chart, it appears that a head and shoulders formation has materialized, indicating the potential for a downward move if the neckline is breached. The neckline is currently positioned at 29.8k, and it is prudent to monitor this level closely in the event of a break below it, which could trigger a move down to the support zone.
(Update from the previous post!)
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Recent Altcoin trades:
ARB / USDT: 5% profit
APE / USDT: 7% profit (Still going)
DOGE / USDT: 2.3% profit
XRP / USDT: 2.4% profit
DOGE / USDT: 20% profit
XRP / USDT: 9% profit
SHIB / USDT: 3.4% profit
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About our trades:
Our success rate is notably high, with nine out of ten of our posted trade setups achieving at least their first target upon a breakout price breach. Our TradingView page serves as a testament to this claim, and we invite you to verify our results firsthand.
-------------------------------------------
With regards to ALTs:
When should you trade ALTs? Here's the level to watch:
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BTC dictates the market. If BTC falls, then Alts will drop as well. Trade safe!
SHORT ON BTC !BTC has retest for resistance in 3 time at price 30500$ its mean so strong resistance
as you can see Stoch RSI going to oversell area and for MACD too has death cross !!
what i thinks is BTC will going down until 30 EMA line (blue line) or at 29000 $ (green line)
if this happen and break under the blue line EMA maybe become so bearish! and will test EMA 50 for good chance for strong bullish so let see hahaha
Bitcoin Analyze (Short Term, 15-minute Time Frame,04/12/2023)!!!It seems Bitcoin was able to make a Head and Shoulders Pattern near the 🟡 Price Reversal Zone(PRZ) 🟡. So that there is a noticeable Regular Divergence(RD-) between the two shoulders.
I expect Bitcoin to drop to at least the support line.
Bitcoin Analyze ( OKX:BTCUSDT ), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
BTC - Head & Shoulders pattern forming!Here's a quick look at BTC 30 min. chart. Upon observation of the price chart, it appears that a head and shoulders formation has materialized, indicating the potential for a downward move if the neckline is breached. The neckline is currently positioned at 29.8k, and it is prudent to monitor this level closely in the event of a break below it, which could trigger a move down to the support zone.
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Recent Altcoin trades:
ARB / USDT: 5% profit
APE / USDT: 7% profit (Still going)
DOGE / USDT: 2.3% profit
XRP / USDT: 2.4% profit
DOGE / USDT: 20% profit
XRP / USDT: 9% profit
SHIB / USDT: 3.4% profit
-------------------------------------------
About our trades:
Our success rate is notably high, with nine out of ten of our posted trade setups achieving at least their first target upon a breakout price breach. Our TradingView page serves as a testament to this claim, and we invite you to verify our results firsthand.
-------------------------------------------
With regards to ALTs:
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If you like the content, then make sure to comment and like the post :D
Follow me for daily profitable trading setups.
BTC dictates the market. If BTC falls, then Alts will drop as well. Trade safe!
What happens when Bitcoin touches $30,000❗️❓🤏Bitcoin is still moving in the 🔴resistance zone ($ 32,400-$ 28,120)🔴 also, several times, Bitcoin is attacking the Important Resistance line.
If you want to understand the importance of the important resistance line, look at the following post.👇
In addition, the Fibonacci cluster near the number of $ 30,000 is very compact.
Also, the growth of Bitcoin happens with the Regular Divergence(RD-) between the price and the RSI Indicator, and it is expected that the RSI will reach 70% in the daily time frame and fall again.👇
So, I expect Bitcoin to close to $ 30,000, which is also a round number, after a small correction and then move toward the resistance line. In general, I don't expect to break the heavy support zone with just one test on the daily time frame; at least a major pivot should be created on the heavy resistance zone, so Bitcoin needs to correct and attack the heavy resistance zone again.
We have to wait until Bitcoin fills the 🔵CME GAP($ 28,720-$ 28,265)🔵.🤔
Bitcoin Analyze ( BTCUSDT ), 4-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
CPI data on Wednesday - Expect some volatility!Here's a quick look at the 8 hr. BTC.
Quick reminder: CPI data on Wednesday! 71% is expecting a 25 bps rate hike. Be prepared for some volatility during the release of the CPI data!
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Recent Altcoin trades:
ARB / USDT: 5% profit
DOGE / USDT: 20% profit
XRP / USDT: 9% profit
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Don't turn bullish until this zone is broken!
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Trades to keep an eye on:
DOGE / USDT
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With regards to ALTs:
The Altcoin market cap is struggling to break the $620B mark. If breached, expect a surge in Altcoin activity. But remember, Altcoin performance is closely tied to BTC, so a dip in BTC price will hurt Altcoins too.
Keep an eye on the $620B mark if you're looking to trade some ALTs
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If you like the content, then make sure to comment and like the post :D
Follow me for daily profitable trading setups.
BTC dictates the market. If BTC falls, then Alts will drop as well. Trade safe!
Bitcoin Analyze (Short Term, 1-hour Time Frame,04/08/2023)!!!While Bitcoin seems to be completing Wave B, or even past it, there is a possibility that wave B may follow higher Fibonacci levels or even form a contracting triangle pattern.
At the same time, Bitcoin managed to form a symmetrical triangle pattern in the RSI indicator in the 4-hour time frame, which can be considered as a key for the next big move.👇
I expect Bitcoin to decline toward the 🟢support zone (26,980-26,580)🟢 after breaking the support line.
❗️ Note ❗️: If BTC goes over HKEX:29230 Scenario will change.
Bitcoin Analyze ( BTCUSDT ), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Bitcoin will fall by Contracting Triangle❗️❗️❗️As I said in the previous post, it seems that the corrective structure of wave B can be in the form of a contracting triangle.
Bitcoin managed to break the lower line of the contracting triangle, and it also seems to be the sign of the end of Bitcoin's pullback to the broken triangle of the evening star candlestick pattern.
After breaking the support line, I expect Bitcoin to go down toward the 🎯targets🎯 I have specified on the chart.
Bitcoin Analyze ( BTCUSDT ), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.