Btclong
$POGAI - SWING LONG Another great Long setup here with a nice SL R/W is high.
Experienced traders only, take caution on overall market, bitcoin looks ready to launch, especially after massive shorts piling up, I believe POGAI next leg up setup is near, play accordingly gents.
Falling Wedge setup...
I'm in.
NFA
#BTC 🟢 M15. Long. (#BITCOIN)Range H4, within which the price has been moving stubbornly for more than three weeks.
After the enchanting liquidation of all longists by one hourly candle (who expected continued growth above 31K), an imbalance formed at the lower boundary of the H4 range, which I decided to take into work.
But he predicted the development of events for Monday, when all markets will be active and volumes will come in.
The long-awaited entry point, I did not expect that there would be an activation on the weekend, but it happened :)
M15 unbalance test, and instantly backlash like a spring to the first target.
The entry point is excellent, the price movement potentials are good.
I will close the targets within the H4 range and a little higher, at the unclosed potential of the previous H4 range (31744)
Another target as an experiment (additional order) is 34400.
Since something tells me that this will be the last long in our current H4 range, after which the price will break through it and fly to test the resistance of D1.
The price has gone under the First Buyer of stock options very much. (and this is currently 31500)
The buy price is below the market opening price. (✔️)
The purchase price is at the lower boundary of the H4 range. (✔️)
The purchase price is below the volume bearish candle. (✔️)
M15 Unbalance at the lower limit of the range H4. (✔️)
entry point: 30160 (on imbalance test)
stop: 29971
tp1: 30345
tp2: 30724
tp3: 31121
tp4: 31744
tp5: 34400
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this BTC/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- BTC/USD peaked at 31,814.51 late on Thursday, after trading at a low of 30,486.69 earlier in the day.
Yesterday’s peak is the most vital point Bitcoin has hit since late May last year, the last time price was over 32,000.
BTC has since declined, as traders move to secure gains, resulting in the price now trading at 31,208.15.
This comes as the relative strength index (RSI) failed to break a ceiling of 66.00, and is now tracking at 62.62.
Today’s move also averted a downward crossover between the 10-day (red) moving average and its 25-day (blue) counterpart.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
BUY MORE BTC AT THIS ZONE AND HOLD!!!!I will drop a lot of pictures on this to make it easily understandable
Firstly on the 3Months time frame we have an all-time high and a drop to 78.2% on Fibo which is 15739.75
then we started reversing slowly, I didn’t see it at first but then I saw it on the drop to 19600
A series of HH and HL has been created; the latest one was in 24700 which is at 50% Fibonacci from the previous High at 31250 indicating a reversal that we are seeing
So I expect that low to take out the previous liquidity well and then find a new higher high which will be at 36261 or high to 48k before halving; there we will see what the market will do and then see.
Bitcoin to extend gains today?Bitcoin - 24h expiry - We look to Buy a break of 31818 (stop at 31018)
Short term momentum is bullish.
There is no indication that the rally is coming to an end.
A mild correction has been posted from yesterdays high, this is seen as a retest of the breakout level.
A break of yesterdays high would confirm bullish momentum.
We look for gains to be extended today.
Our profit targets will be 33818 and 34318
Resistance: 31775 / 32500 / 33500
Support: 31042 / 30800 / 30300
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Potential BTC move towards CME GAP Hey Guys,
Another update:
I think my view is still valid.
Think we wil see a pump towards maximum $31000 area, then aggressive correction followed by some consolidation and move maybe further up or moving further down and eventually we might see lows.
How low? I think first we see $20000 - $19800 area with lows around $17350. If this area not holding we can see the very lows before summer between $12000-$14000. This area is a massive buy order for me if it come that far! Lets see my friends. Hope you enjoy my update. Appriciate your thumbs up! Wish you all a ver nice day!
Thank you!!
****Its my tradingplan and its not financial advise****
Cryptodjens
WTC getting Buyer Interest hereWTC getting Buyer Interest here
WTC breakout Falling wedge and also getting support as well
#BTC 🟢 M15. Purchase (Bitcoin). Resistance Level ImbalanceAfter I got a stop loss a little higher, this imbalance looked very good.
I took it to work - I did not regret it.
price below market opening price (✔️)
the price fell with a volume candle under the First Buyer of stock options (✔️)
price near the bottom of the range (H1) (✔️)
unbalance entry point formed (M15) (✔️)
input: 30006
stop: 29852
tp-1: 30155
tp-2: 30457
IRIS Looks Good with Falling Wedge IRIS Looks Good On Support area with Falling Wedge Keep eye on it
HOW TO IDENTIFY A FALLING WEDGE PATTERN
The falling wedge pattern is interpreted as both a bullish continuation and bullish reversal pattern which gives rise to some confusion in the identification of the pattern. Both scenarios contain different market conditions which must be taken into consideration.
The differentiating factor that separates the continuation and reversal pattern is the direction of the trend when the falling wedge appears. A falling wedge is a continuation pattern if it appears in an uptrend and is a reversal pattern when it appears in a downtrend.
Continuation or (Reversal) Pattern:
Identify an uptrend or (downtrend)
Link lower highs and lower lows using a trend line. The two lines will slope downwards and converge
Look for divergence between price and an oscillator like the RSI or stochastic indicator
Oversold signal can be confirmed by other technical tools like oscillators
Look for break above resistance for a long entry
Key points to remember:
Identification of the trend is crucial
Both continuation and reversal scenarios are inherently bullish
Both patterns present favourable risk to reward ratios as they generally precede big moves
Ocean Performig bull flag pattern
What is a bull flag?
How to identify a bullish flag on forex charts
Bull flag trading strategy
How reliable is the bull flag?
Bull flag vs bear flag
HOW TO IDENTIFY A BULLISH FLAG ON Crypto Charts
It can be complex identifying a bull flag on a chart because the pattern entails several different components. Traders will need to correctly identify and understand these components to trade this pattern successfully. Key things to look out for when trading the bull flag pattern are:
Preceding uptrend (flag pole)
Identify downward sloping consolidation (bull flag)
If the retracement becomes deeper than 50%, it may not be a flag pattern. Ideally, the retracement ends at less than 38% of the original trend
Enter at bottom of the flag or on the breakout above the high of the upper channel boundary
Look for price to break higher with a length potentially equal to the size of the flag pole
#BTC 🟢 M15 Buy (Bitcoin). ImbalanceI planned to open buy positions near the lower border of the H1 range (30K).
But since the imbalance formed a reversal pattern, he took advantage of the situation offered by the market. By the way, at the moment a short situation is brewing in the market.
The price was below the market opening. (✔️)
The price was below the level of the First Buyer of exchange options. (✔️)
The price was at the lower boundary of the H1 range. (✔️)
M15 imbalance. (✔️)
Second target above H1 range (⚠️)
input: 30435 (input on imbalance test)
stop: 30175
tp-1: 30697
tp-2: 31221