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BTC GOING TO 42000It's humorous to say that whales love this movement... When a TP is hit, they push the target upwards and create a reverse head and shoulders, then they create a normal head and shoulders pattern again and start the decline despite the market being completely negative. They are all based on the double top formation without the need for all this artificial drama. The target on the weekly and daily timeframes is between 52,535 to 50,780, and after that, hitting the weekly trendline will occur and it will be swiftly propelled upwards... Although my overall belief is that the main downward target will be the nearest and strongest Ichimoku cloud, which is at 42... In the first stage, a beautiful triangle must be broken, and the Fibonacci 1.272 in the uptrend must be touched, then the next stages will be accessible.
by khosrooparviz
BTC going to 59,439 $If the trendline does not break and the price drops, three peaks will form, which could potentially indicate a head and shoulders pattern. If a Fibonacci retracement is drawn from the left peak to the lowest valley in the middle and set to 1.272, the decline can be predicted to reach that point, which would be 59,439, and a drop to that level is possible. One reason this might happen is that both the Williams Percent Range and MACD are showing divergence.
by khosrooparviz
7
BTC Bull Flag Breakout or Re-Test of Cycle Lows?This monthly chart of Bitcoin shows we're either setting up for a Bull-Flag breakout, or potential breakdown to re-test the $15k-$16.5 lows. Either way, I think the bottom is in or almost in. The big questions is whether we see the re-test like in the 2015-2016 bottom, or push through and never look back like in 2019. If we push higher here and have a daily close above $25,300 then it's likely a quick push higher to the $30k zone, where we'll see profit taking and a pull back to the new higher support. Our proprietary ERI indicator (Green Arrow) is showing that the bottom is in (which also signaled Green in all 3 prior market cycle bottoms). So we're waiting to see what happens in the coming weeks. Our TSI indicator has also turned Green and heading higher. The confirmation will be the break above the 20% line on the monthly chart. The third confirmation will be our Signal line turning from Red to Green, and crossing the mid-line (Olive). These have been accurate in all prior market cycle bottoms, but as we all know, 'this time could be different'.. That being said, I trust our indicators and analysis... So we'll see. Also waiting for the monthly MACD to break above the center line and turn Green. Thoughts, comments, feedback? Please share below.
INDEX:BTCUSD
by BrettFogle
BTC GOING TO 32000$?Although according to the previous analysis, I believed that Bitcoin will fall to 11450 and even lower, but market fluctuations and high energy took Bit to the price of $18,000, so now I believe that the whales took Bitcoin above $18,000 and allowed it to fall further. They did not give and they have manipulated the market. But whatever it is, the new analysis shows that Bitcoin has just started its way, and the candles are breaking the blue trend line, and Chico Span is crossing the Tenken Sen, and we shouldn't wait for the Kijun Sen to break. I believe that when the blue trend line is broken by the candles, the next move for Bitcoin is to hit the red trend line. But all in all, Bitcoin should reach 50% Fibonacci and the price will continue until 50% Fibonacci equals $32,400. Although there is a weak upward energy in the positive movement of MACD, let us know that this energy is positive and it seems that the beginning of a positive but alive energy is like a bow and arrow that arches itself to shoot up.
by khosrooparviz
Making a million - swing trading and scalping!The goal of the project is to make 1,000,000 USD from 320 USD on futures. Using trading strategies the project will show mechanisms and nuances of the real intraday and medium-term trading in maximising opportunities and making profit. Place your bets, gentlemen! ) Foreword I received an email from one of my exchange accounts, which frankly speaking I have completely forgotten about, that 320 USD in commission has been credited to my account by my broker. I have not worked with this broker for a long time due to personal preferences, however, I decided not to withdraw such an insignificant amount and instead turn it into a million dollars by trading it on futures. What is my incentive? I made my fortune a long time ago in stocks and forex. When trading futures, I used 1:20 leverage and a hefty deposit, which offered a moderate risk. The incentive in this case for me is to make a million dollars using 1:100 leverage and a small deposit. The risk in this instance is much greater and the amount is less - this is my interest! I also continue to trade my main assets in my other accounts using a similar strategy, but with minimal risk and trading long term. Trading strategy My trading style is swing trading. However, in the accumulation and distribution phases I will resort to scalping using 15M. My forecast of price movement is based on various patterns and analysis of trend, candles, volumes, figures and divergences. I confirm my entry and exit points using signals from numerous indicators and oscillators. The probability of an making error, however, may still be present. Whatever one may say - it is still a market with a degree of uncertainty! Therefore, a careful risk management policy will prevail. Trading criteria Leverage =1:100 Stop Out = 50.00% Main instrument = BTC / USD. Alternative secondary instruments: Forex, Metals, Oil , Indices, Timeframes = 15M - 1D Project management Technical analyses (TA) will be published under the heading "Making a million". In my TA, I will publish strategies with entry and exit points and keep records of Profit & Loss (PNL). Weekly statement of my balance - will be provided on this page on Sundays. If you are interested in keeping up with the progress, then consider adding this page to your favorites! The plan for deposit's growth is divided into 15 stages: 1. 320 - 600 USD 2. 600 - 1,500 USD 3. 1,500 - 3,000 USD 4. 3,000 - 6,000 USD 5. 6,000 - 10,000 USD 6. 10,000 - 15,000 USD 7. 15,000 - 25,000 USD 8. 25,000 - 41,000 USD 9. 41,000 - 65,000 USD 10. 65,000 - 100,000 USD 11. 100,000 - 150,000 USD 12. 150,000 - 250,000 USD 13. 250,000 - 400,000 USD 14. 400,000 - 600,000 USD 15. 600,000 USD - 1,000,000 USD Goal's achievement I cannot predict how long exactly it is going to take to achieve my goal as a lot will depend on the dynamics and volatility of the market for the selected instruments. To get to a successful outcome, balanced decisions with minimal risks would need to be made. Therefore, there is no reason to rush. Your participation in the project I invite you to take part in this project in terms of observers or users! It should be quite an educative rally. It would be good to get your feedback including ideas and comments about "Making a million" project. I am in favour of running a forum format in which you can discuss mutual topics adhering to professional etiquette. Please note By providing my technical analysis in my articles, I do not encourage anyone to trade according to my strategies, because risk management and leverage are individual in every single case. Please be aware! A kind request Please do not publish any charts or technical analysis on this specific page. This page was created solely for the purpose of the project' presentation and its weekly reporting. Contacts I will much appreciate if you do send any PMs! I'm a trader, not an oracle. In my individual articles, however, I will be glad to receive your comments and support! Please be constructive when making your argument to keep it more productive for everyone. My official content - is on this site! Profitable trades to you and good luck in trading! Though I am not aware, it is possible that someone else has already done or is doing a similar project. In any instance, it does not matter. I am doing a personal project the way I see fit and that's the beauty of it! Start of trading: 10 May 2022 ‐ insignificant trading Deposit amount: 319.94 USD An idea for the project: 17 July 2022 ______________ 3 August 2022 = 968.50 USD (start date of online project and active trading)
INDEX:BTCUSD
by WallStreetFox
What's around the corner for BTC from Elliott & Wyckoff on 1D?!My TA on 1D is based on Elliott and Wyckoff pattern. I did not include any indicators for this TA as at this time they do not show any confirmation for the price reversal. This may take a few days given today's drop. Therefore, there is no need to disregard a possibility of a price falling further down to around 40,300 USD or even to 33,500 USD. It may happen! However, currently the price is bouncing off the local descending trend line in black colour and also off the blue colour line. The vertical volume shows divergence against price for the last 5 days (see the last 5 red candles). Along with its yesterday's longest red candle such action indicates a price reversal. I will update this TA as price action moves along, so keep track of it!
INDEX:BTCUSDLong
by WallStreetFox
4
Is this game over? Come on, BTC, where's my Lambo then?What's up guys! Here's what I'm thinking. BTC is creating a rising wedge which is a bearish pattern. We made 2 tops already and perhaps the last one is to made. This pattern is very similar to the rising wedge we had this spring. 3 tops on falling vol and RSI ended up with a massive drop from $65k to $29k. Just look at the chart - we're creating another one, great wedge. We may be falling down to ~$53k, and then even rise to $68k, or the new ATH which would be ~$71-72k. But then, considering falling volume and RSI more probable is that we will fall down, and this may be over for now. I've marked multiple supports. I don't think we may fall down farther than to ~$28k but anything is possible. Stay safe, stay tuned, I'll keep you updated. Best!
Short
by JimmyHodl
5
#BTC/USDT 4HOUR UPDATE BY CRYPTOSANDERS !Hello, dear traders welcome you to this BTC /USDT 4hr chart analysis. Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys. If BTC supports the upper trend line will then soon we will be able to see the price rally towards the yellow resistance areas in the coming day which is around 17% from the lower levels. Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits. THANK YOU.
by CryptoSanders9563
2
#BTC/USDT 4HOUR UPDATE BY CRYPTOSANDERS Hello, members welcome to BTC /USDT 4hr chart analysis by CRYPTOSANDERS. I have tried my best to bring the best possible outcome in this chart. Show some support, hit the like button follow me and comment in the comment section because this motivates me to bring this kind of chart analysis on regular basis. CHART ANALYSIS: As we can see from the above-mentioned chart that BTC /USDT is trading inside the channel pattern bouncing right from the lower trend line which is the strong support for BTC to be in a bull trend. This is not a piece of financial advice. Sorry for my English it is not my native language. Do hit the like button if you like it and share your charts in the comments section. thank you.
by CryptoSanders9563