BTC USDStill my interpretation on this chart is the same. There is no change in the graph. Most of the market is waiting down from here and we know that we have a system that wants to blow the shorts from the top, they will want to blow up those who think so. In summary we will go up to $21,500 and I expect to go down after the shorts pop.
I hope this fall will be quick and painless.
BTCBUSD
Long term #Bitcoin forecast - April 2023Hello dear friends. How are you?
There are many forecasts, both downward and upward, these days. However, it is useful to put our hat on and think again. Do you really believe it will rise? Or is this a wish?
I want to show you what kind of price action I predict for the next 6 months.
Take care of yourself and stay away from traps.
Bitcoin Analyze (Short Term, Timeframe 15min,10/30/2022)!!!
It seems that Bitcoin finally succeeded after several attempts to break the support zone, although we should not forget the role of the Symmetrical Triangle.
A Symmetrical Triangle pattern can be a sign of continued downward, at least until the next support zone and even more.
Bitcoin Analyze ( BTCUSDT ), Timeframe 15min⏰.
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Bitcoin Analyze (Timeframe 8H,10/27/2022)!!!Bitcoin has reached an important resistance zone (Fibonacci clusters, resistance lines + SMA 100(Daily TF)) after the upward movement of the Sharpe during the past few days (which led to the breaking of the trend lines and resistance zones).
Also, during the last 24 hours, it seems to have formed a Three Black Crows Pattern, which is considered one of the bearish reversals Candlestick Pattern.
I expect Bitcoin to break down to at least the previous support zone and even the trend lines during the next hour.
Bitcoin Analyze ( BTCUSDT ), Timeframe 8H⏰.
Do not forget to put Stop loss for your positions (For every position that you want to open).
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Bitcoin Analyze (Festival of 🔴Resistances🔴 and 🟢Supports🟢)🎪Over the past two months, Bitcoin has been watching a Festival of 🔴Resistances🔴and 🟢Supports🟢.
Another point is that in the last 6-8 months, Bitcoin has become more dependent on parallel financial markets; this can be both good and bad.
Positive point: The world has accepted Bitcoin as registered capital, and It respects Bitcoin.
Negative point: It may no longer have the charm of previous years, and we will see fewer surprises in the market.
In the past hours, the DXY index was able to break an important support zone, and this caused the financial markets to breathe new life. And the digital currency market benefited from this failure.
Also, if we look carefully at the Bitcoin chart in the 12-hour time frame, we can see that Bitcoin is in a sensitive area; the meaning of sensitive area is that Bitcoin is located near the trend lines and the resistance area, and from another direction, Bitcoin has been able to It creates an Inverted Head and Shoulders Pattern (which seems to have all the factors of a standard pattern) and also if we look at the candles of these 2-3 days, we see that the Rising Three Method continuation pattern creates the right shoulder of the Inverted Head and Shoulders Pattern and this is a good sign. And there is hope to break the lines of trend and resistance zone ahead.
I have tried to draw for you in my chart the path that Bitcoin can take in the next few days.
My personal opinion is to wait 7 hours to confirm the Rising Three Method continuation pattern.
❗️ Note ❗️: If the Rising Three Method pattern is not well-formed within the next 7 hours, we can expect Bitcoin to fall again in the coming days, and the Inverted Head and Shoulders Pattern pattern will fail.
Bitcoin Analyze ( BTCUSDT ), Timeframe 12H⏰.
Do not forget to put Stop loss for your positions (For every position that you want to open).
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Bitcoin Analyze (Short Term, Timeframe 15min,10/25/2022)!!!Bitcoin made a Symmetrical triangle these hours, Also, it was able to break the lower line of the triangle and complete the pullback section.
I expect Bitcoin will go DOWN at least to the symmetrical triangle's target and even more.
Bitcoin Analyze ( BTCUSDT ), Timeframe 15min⏰.
Do not forget to put Stop loss for your positions (For every position that 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, Timeframe 15min,10/24/2022)!!!It seems that Bitcoin is making the Zigzag (5-3-5) correction.
The end of microwave C of Zigzag correction can be in PRZ(Price Reversal Zone) or resistance zone.
I expect Bitcoin to go up at least to PRZ(or resistance zone) and then start to go down, breaking the lower line of descending channel and continuing the downtrend to the support zone.
Bitcoin Analyze ( BTCUSDT ), Timeframe 15min⏰.
Do not forget to put Stop loss for your positions (For every position that 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, Timeframe 15min,10/21/2022)!!!Bitcoin was able to make an Inverse Head and Shoulders Pattern these hours.
Bitcoin broke the neckline with a bullish marubozu candle.
In general, the whole pattern of the Inverse Head and Shoulders was in the form of a fake break.
I expect that Bitcoin will go UP at least to the resistance zone.
Bitcoin Analyze ( BTCUSDT ), Timeframe 15min⏰.
Do not forget to put Stop loss for your positions (For every position that 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, Timeframe 15min,10/20/2022)!!!Bitcoin was able to break the trend lines by a bullish marubozu candle.
I expect Bitcoin can go UP at least to the resistance zone.
Bitcoin Analyze ( BTCUSDT ), Timeframe 15min⏰.
Do not forget to put Stop loss for your positions (For every position that 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 breakout is imminent!Here's a quick look at the daily BTC chart. As we can see, the bearish trend continues, and the price has been trading within a descending triangle formation for some time now. If the price breaks below the descending triangle , then the price will very likely end up at 14K! The price must stay within the triangle to avoid further downside!
I must add that SPX500 is down a lot, and BTC hasn't followed up yet. We may see a big move from BTC in the coming days. I'm expecting the 18k support to be broken very soon. I still hold my stance of sub-13k BTC!
Also, the volume has been increasing while the price has been decreasing! This is a bearish sign as well!
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What are triangles when it comes to trading?
Key points:
"1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape.
2. Triangles are similar to wedges and pennants and can be either a continuation pattern if validated or a powerful reversal pattern, in the event of failure.
3. three potential triangle variations can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles."
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Bitcoin Analyze (Short Term, Timeframe 15min,10/18/2022)!!!It seems that Bitcoin is planning to create the Expanding Ending Diagonal pattern to complete the microwave C of wave B.
I expect that microwave 5 of the Expanding Ending Diagonal pattern will end in the PRZ(Price Reversal Zone) & near the important resistance line.
❗️ Note ❗️: My scenario will change if Bitcoin can break the support zone.
Bitcoin Analyze ( BTCUSDT ), Timeframe 15min⏰.
Do not forget to put Stop loss for your positions (For every position that 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,10/17/2022)!!!Bitcoin is running in the last microwave of wave B.
I expect when Bitcoin arrives at the trend line and the PRZ(Price Reversal Zone), it will start to dump again and make the wave C.
Bitcoin Analyze ( BTCUSDT ), Timeframe 4H⏰.
Do not forget to put Stop loss for your positions (For every position that 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, Timeframe 15min,10/14/2022)!!!Bitcoin is making a Zigzag correction, and it is running in wave C.
I expect the end of wave C will be in the support zone, and then Bitcoin will go up until the resistance zone.
Bitcoin Analyze ( BTCUSDT ), Timeframe 15min⏰.
Do not forget to put Stop loss for your positions (For every position that 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, Timeframe 15min,10/15/2022)!!!Bitcoin is playing in phase B of Wyckoff Accumulation Schematic .
Also, Wyckoff Accumulation Schematic pattern Verify my previous post about Bitcoin 👇
🔆Note: Since the trading volume is low on Saturday and Sunday, we can assume that Bitcoin will play between the two ranges of resistance and support lines and complete the Wyckoff Accumulation Schematic pattern.
Bitcoin Analyze ( BTCUSDT ) Timeframe 15min⏰.
Do not forget to put Stop loss for your positions (For every position that 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: 5 bearish reasons (2/5)Hi all! Why do I think the crypto bear market is not over yet? Keep reading...
This is serial of 5 BTCUSD ideas (with 5 bearish agruments) released one after another one at a time after reaching following criterions: This idea needs to get at least 30 likes (just click the 🚀 button) and 20 comments (mine included, just say "thanks" whatever) in order to "unlock" the next idea which I will publish (also here in comments) once the criteria are met and as soon as I can.
1st post of the series met the criteria, so now let's move on!
REASON #2: Bear Flag
So Bitcoin reached the all-time high @ 69K, dumped hard to 33K (flag pole), bounced as high as 48K and then dropped back down to 37K (consolidation). All that price action formed Bear Flag pattern (which is continuation formation) with target @ 12200. Clear break down out of the flag triggered the pattern. Now we are far away from the breakout point but on the other hand we are still quite far away from the pattern target. I mean from 20K to 10K it's still -50%, which is the same as from 40K to 20K. Anyway ... what do you think? Boost and comment in order to "unlock" the next (3/5) BTC bearish reason! Cheers!
Check my other stuff in related ideas.
Please boost🚀, comment🗣️, follow me✒️, enjoy📺!
⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
BTC: 5 bearish reasons (1/5)Hi all! Why do I think the crypto bear market is not over yet? Keep reading...
This is serial of 5 BTCUSD ideas (with 5 bearish agruments) released one after another one at a time after reaching following criterions: This idea needs to get at least 30 likes (just click the 🚀 button) and 20 comments (mine included, just say "thanks" whatever) in order to "unlock" the next idea which I will publish (here in comments) once the criterions are met and as soon as I can.
So let's get started!
REASON #1: Head and Shoulders
You probably saw this already elsewhere but...the devil is in the details (i.e. target can differ), also it's still absolutely legit. So Bitcoin reached the all-time high @ 69K, dumped hard to 42K, bounced and then dropped back down to 43K. All that price action formed Head and Shoulders pattern (which is reversal formation) with target @ 10200. Break of the neckline and several backtests (red arrows) with rejections just added to the pattern validity. Now we are far away from the breaking point (neckline) but on the other hand we are still quite far away from the pattern target. I mean from 20K to 10K it's still -50%, which is the same as from 40K to 20K. Anyway ... let me know in the comments what do you think. Boost and comment in order to "unlock" the next (2/5) BTC bearish reason! Cheers!
Check my other stuff in related ideas.
Please boost🚀, comment🗣️, follow me✒️, enjoy📺!
⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.