BTC to finally lift off?Please 1st of all smash the boost🚀 button to support my work if you like it! It's absolutely for free.
BTC failed for the 1st...
...and 2nd time...
...to hold above the yellow channel upper edge. Will 3rd time be the charm? Bitcoin just got above the channel upper edge again (for the 3rd time) and I think there is a good chance that this time the price could hold above it, make it support, and then finally lift off. Breaking the dashed parallel line would be extremely bullish in my view. For broader perspective check this...
...and this...
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
BTCBUSD
BTC triangle breakoutPlease 1st of all smash the boost🚀 button to support my work if you like it! It's absolutely for free.
₿itcoin broke down this triangle📐 and I think there is chance for run to 22580 and even lower. Setting SELL LIMIT order to previous range low to catch🎣 the pullback.
ENTRY : local high @ 23100
STOPLOSS (SL) : local low @ 23222
TARGET (TP) : height of the triangle projected from midpoint of the local range (SELL LIMIT - STOPLOSS) @ 22580
REWARD RISK RATIO (RRR) : 4.3
INVALIDATION : when SL level hit
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
BTC bulls in charge?*log scale*
Please 1st of all smash the boost🚀 button to support my work if you like it! It's absolutely for free.
Bitcoin is breaking this important red downtrendline which held the price suppressed down for several months. Recently after days of consolidation right below the downtrendline BTC finally decided to shoot up. Breaking the last swing high (making higher high) would be confirmation for the bulls.
This red downtrendline was also the reason why I went short yesterday on short timeframe...
...as I thought it will hold as resistance, but it didn't. As you can see after breaking the stoploss level, price backtested the triangle upper edge and then launched hard. Nice price action.
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 Saturday Analysis Over this week BTCUSDTPERP showed us it is ready to test higher levels.
Uptrend A reveals a clear definition of price increase on the daily chart followed by uptrend B that was created two days ago by supporting a daily level, this latter movement is a strong indicator BTCUSDTPERP is getting Bids even if we have yet to test lower levels like $18600.
The market created uptrend C confirming that the support created before in uptrend B was strong indicator of BTCUSDTPERP pushing to break its current range. This uptrend C was created as a support and if it stabilizes this could mean a push and towards the polarity zone and breakout.
The polarity zone kept getting tested over these last few days and with its confirmed uptrend A .
Downtrend D is a very strong and resilient level that if the market is able to push and break this level in conjunction of breaking the polarity zone we will see targets up top get tested fueled by a breakout.
BTC LONG TIMESubscribe to my TradingView profile
#BTC LONG SPOT
Up to 50% deposit without leverage
▪️Long orders: 22500 / 22200
▪️Stop loss: $20.500
▪️Take profit: I will update the idea, on possible correction and at strong levels (which will lead to a price decrease).
In addition: you can compare the NASDAQ / BTC chart. We are currently in a price range where BTC was holding over $35,000
Is this a positive? - rather an opportunity to assess the future of BTC ...
WEEKLY CRYPTOCURRENCIES MARKET REVIEW#Thoughts
There are some rules in trading that many people need to remember.
One of them: you should always wait for the market to stop before analyzing the next entry.
I'll go over BTC and ETH a bit, and I'll also write thoughts on the market and the FUD news that started to worry you...
◾️Let's start with the technical part of #BTC:
The chart on the left, let's take a look at the daily close (inverted hammer) - reversal candle. Going directly to the #ETH chart, you can see how we are testing the mirror level. Previously, the level served as support for a whole year, after the breakdown it should be resistance (at least for some time). What does it mean? Since we have approached the mirror level on ETH, it is best to wait for a correction and then collect longs with continued upward movement + the market is not effective on weekends.
I have taken a break for now and am waiting for a correction, even if the price rises higher, I will find the perfect entry point.
◾️If you analyze the market from the inside (looking at the on-chain database).
Intraday, whale flow turns negative (too early to tell as it's not clear yet where Baron CZ has decided to take the market. I think it still needs a day to get a clear idea). A huge cluster of bulls for $ 22,000, which also want to be demolished. But it can take the market higher by driving more fomo and pull it down even more by hitting a new low.
◾️Also, today's topic is China's war with Taiwan... I was sent a video today of how China is moving armored vehicles. The market can only react on Monday (if there is liquidity for the razor).
To sum up what I will do: If we go higher from the current ones (without correction) - I do not long and wait for the maximum strong dump. If we are correcting from the current ones, I gain a position with the entire deposit...
Bitcoin Opportunity for next weeksHey folks, I am Nav!
With this account, I am trying to journal my trades. And I like to keep my trades extremely simple and uncluttered.
Please use the areas highlighted as support, confluence or resistance and plan accordingly & responsibly. And most importantly, I focus on closes rather than wicks for my setup.
If you liked my idea, please check others and follow for more!!
Cheers :)
BTC - REVERSAL BOX (30K / 40K)I still think we do have a pretty good uptrend in the coming weeks but we also do have downtrend after this period. I expect between 30k and 40k can be the area where the price can turn over.
Bitcoin Analyze (Short Term, Timeframe 2H)!!!Bitcoin is moving near the top of the Heavy Resistance Zone.
Bitcoin is making a Double Zigzag Correction (ABC/5-3-5).
We have two scenarios for Bitcoin now:
🔆Scenario 1: Bitcoin was able to find the end of main wave C, and it will go DOWN at least to 20800$
🔆Scenario 2: if microwave 3 of main wave C is extended, then we can expect that Bitcoin can make a Bearish AB=CD Harmonic Pattern around my PRZ (Price Reversal Zone) & TRZ (Time Reversal Zone).
Also, Pitchfork's lines are working well in Bitcoin Chart.
Bitcoin Analyze ( BTCUSDT ) Timeframe 2H⏰
🔴Heavy Resistance Zone🔴: 24180$ to 22500$
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 (Wyckoff Redistribution Schematic)!!!😉It seems that Bitcoin wants to complete the Wyckoff Redistribution Schematic Pattern . Bitcoin was able to make a UTAD above Resistance Lines, and now we can expect that Bitcoin goes down to Support Lines.
Also, Wyckoff Redistribution Schematic pattern Verify my previous post about Bitcoin 👇
Bitcoin Analyze ( BTCUSDT ) Timeframe 8H⏰
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 (Where is the end of correction❗️❓)🧐Hi, everyone; today, I want to check out the end-of-correction of Bitcoin at Weekly Timeframe.
Bitcoin is reacting to lines of the Fibonacci Channel very well, so we can use it for finding the end of waves.
Bitcoin is looking to find the end of the main wave A; I expect that the end of Bitcoin's correction can occur in the PRZ zone; also, according to the analysis of the lower timeframes, a drop from the current price ranges is still expected.
🔆The structure of Main wave A is Double Zigzag Correction (WXY).
🔆When Bitcoin can break(Valid) the EMA 200 (Exponential Moving Average) and SMA 200 (Simple Moving Average), then we can verify the end of Main wave A.
🔆In addition, each time that Bitcoin was able to penetrate the space of EMA 200 ( Exponential Moving Average ) and SMA 200 ( Simple Moving Average ), some weeks later, Bitcoin started to rise.
Bitcoin Analyze ( BTCUSDT ) Timeframe Weekly⏰ (Log Scale)
Where is the end of wave A ❗️❓
🎯Target🎯: 17500$ until 14200$
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 (Double Zigzag Correction)!!!(Update)Bitcoin is making Double Zigzag Correction in Main wave Y.
Also, Bitcoin has a chance for making a Head and Shoulder pattern.
Bitcoin Analyze ( BTCUSDT ) Timeframe 12H⏰(Log Scale)
🔅 When Bitcoin breaks the Support Zone(Necking line of Head and Shoulder Pattern), then we can verify the end of microwave 2.
Where is the end of Bitcoin Correction (Main wave A)❗️❓
🎯Target 🎯: 16200$ until 14980$
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 (Head and Shoulder Pattern/Timeframe 15min)!!!Bitcoin made a Head and Shoulder Pattern on the Heavy Resistance zone, which can signify the end of the bullish rally we saw these days.
In addition, still, we don't hear the good news in cryptocurrency markets ( DXY is bullish, the Stock market is on the correction, the Cryptocurrency market is still in the shock of LUNA, and War is still running (unfortunately), Covid is growing up again, etc.).
Also, Bitcoin can make The Fan Principle Patten.
🔆Fan Principle Patten: This is a very interesting use of the Trend Line-The Fan Principle. This happens when the market is very volatile. In this principle, a trend line is broken and takes resistance at retracement in the uptrend. And the trend line is broken and takes support at retracement in the downtrend. Now a new trend line is formed and these things to continue and another new trend line is formed and repeats this process three times and now the trend is changed. This is an overview of the fan principle Pattern.
Fundamental News: Tesla has just sold $936 Million worth of their crypto assets, most of which were made up of Bitcoin.
🔴Heavy Resistance Zone🔴: 24100$ to 2302$
Head and Shoulder Pattern's Target🎯: Around 21580$
❗️Note❗️: If Bitcoin can break the Heavy Resistance zone, the Scenario will change (Low possible).
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, Timeframe 2h)!!!🧐When Bitcoin was able to break the support line, after that, I can say that main wave B ended, and Bitcoin will go down.
Fan Principle Pattern Worked ✅👇
🔴Heavy Resistance Zone🔴: 24100$ to 23020$
Bitcoin Analyze ( BTCUSDT ) Timeframe 2H⏰
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, Timeframe 2H)!!!🧐Bitcoin is moving in the Leading Diagonal Pattern & PRZ (Price Reversal Zone); I expect that it will attack to Heave Resistance Zone again and then go down (it will not make a new high).
🔴Heavy Resistance Zone🔴: 24100$ to 23020$
❗️ Note ❗️: If Bitcoin can break the Heavy Resistance zone, the Scenario will change (Low possible).
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 short 4h Hey everyone, my little update
So we can see in rsi and Macd bearish
I will pick up small position SHORT
Thanks and don't forget abiu SL and TP
Have a good weekend !
See u soon