Bitcoin - The Perfect Wedge WorkoutHello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
Friends, I still waited for the cherished $30,000, the take-off for someone may have been unexpected, but I wrote about it for a month and gradually averaged the LONG position.
Technical: bitcoin broke through the $27,350 resistance (upper part of the wedge) and we saw a sharp rise in price to the $30,000-30,500 zone, the perfect wedge working out. take note for yourself of similar patterns in trading, they help to understand the development of levels well.
I fixed 80% of my position and managed to withdraw 51% of the deposit with 3X leverage. I think this is not a bad result of a positional trade.
I will leave the remaining 20% until a possible test of the $31,500-$32,650 zone, the stop put in plus at $27,350.
Thoughts so far are: it is definitely worth waiting for a rollback, perhaps even by 1000-1500 points (not a signal to go short!) After such a strong growth. At the moment, the $28,350 zone does not look like a bad support from the technical side, perhaps the reaction of the buyer above the previous $30,990 High will come from there.
BTCPERP
Bitcoin - Downward Channel Breakout Coming Soon! This is growth!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information.✅
Friends, let's go over bitcoin from the technical side again.
I previously shared this channel when the price was flying to confirm it from below, but it never happened. But we have confirmed another pattern - "Bull Wedge". You can also find it in the feed.
So, if we talk about the downward channel that we see on the chart, then it is likely that this week we will be able to confirm the upper boundary of the formation and even go beyond this channel. This could trigger a rally and a breakdown of resistance at $27,500 and above!
There is also another scenario. If you look at the last three daily candles, which I have underlined with a black line, then you can consider them as temporary support. We are now seeing a small bounce off the $27,160 level, which could take us back to the temporary support zone in the $26,250-$26,300 range.
BNB - trend line test as a support level.Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
A small update to the BNB chart on an older timeframe.
The technical asset continues to stand at the global support level, from where there is no big reaction of the buyer and seller yet. Although bitcoin has already bounced off and showed an increase of a couple of thousand points, altcoins have not changed much yet.
So, what am I talking about, on the chart we can observe the global countertrend line, which currently acts as a support level on the weekly TF. Another setup for BNB to bounce back and go above $300.
Bitcoin - fixing above an important levelHello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
The opening of the new week is still encouraging, bitcoin could return to the zone that I wrote about in the last post of $26,300.
The technical bitcoin is fixing above the local support and the important Fibonacci level of 0.236, the upper zone of the $26,950 wedge remains the local resistance. If bitcoin can get out of the wedge with an upward movement, then, as I said earlier, the most important zone remains to pass the level of $27,500 and then it will be possible to think about $28,500-30,000, these are the first goals that I have been waiting for more than 3 weeks with an open position.
Bitcoin - confirmation of the bullish pattern!Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
On the technical side, bitcoin still tested the key zone of 25.000-25.200 and even removed liquidity a little lower.
While we are seeing such an interesting formation on the bitcoin chart "Descending Bullish Wedge" which often works out well, we can already see a small reaction from the lower support zone of the wedge.
At the moment, it is important to return the asset to $26,300-26,500 in order to continue the path to the local resistance of $27,500, I hope this will not be long in coming!
Happy trading everyone!
BNB - testing a strong historical levelHello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
BNB - testing a strong historical level!
Guys, this is not financial advice, I'm just sharing my thoughts and what I saw on the chart. Everyone must decide for himself whether to enter from this zone or not.
Recall the recent FUD related to Binance and CZ. At that time, the BNB coin lost about 30% in value, like many other altcoins. Due to this, the price returned to a strong historical level of $220-225.
If we look at the chart from the technical point of view, then rebounds of several tens and hundreds of percent have always been observed from this support level.
Can we see the same buyer reaction now? From a technical standpoint, I think yes, there is a chance to see a rebound to the last $300-$315 support level. Also a recent tweet by CZ, most likely he writes about the SEC, and will soon begin to endure his offenders
But! Friends, while the story with binance and CZ continues, you need to be prepared for another possible pressure on the market. So be as careful as possible. I just assumed what might happen in the future with BNB, and it's up to you to decide whether to enter or not.
BTC - PrimarySorry for the terrible-looking chart earlier, I thought publishing on mobile would somehow generate a meaningful chart, but that wasn't the case.
This idea from Apr 21 has been removed by TV twice for breaking house rules, first for sharing a link to another social media website, then for only mentioning the name of it. (You can actually copy-paste links from that website on a chart, tho).
Anyway, maybe third time has the charm.
This is my primary for now.
I'm not too interested in how the structure will look like, but I particularly like this one because it front runs 25.2 S/R flip and keeps trapping both sides for weeks.
The pullback can be much deeper, but this is what I like for now.
My initial idea from October (linked on this chart) is still valid IMO, but not keeping it as an alternate for now.
Bitcoin - volatility expected! Attention!Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
Get ready, market volatility is expected today!
Friends, today is the most fundamental day, we may see increased volatility in the stock and cryptocurrency markets, be careful if you are in a position with a large leverage.
▫️Fed rate - 21:00 Moscow time
▫️Fed press conference - 21:30 Moscow time.
Most analysts say that the Fed at today's meeting may take a break from raising interest rates. For now, everything looks logical to take a break because inflation is declining and is already at 4%, which means that the tightening is working and after a certain period of time (after a pause) the Fed will return and start raising the key rate again until inflation reaches 2%.
Cancellation is positive? I think yes for a while, but you should still expect volatility in both directions by several hundred points in BTC.
Bitcoin - Key Level Test!Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
A few thoughts regarding the BTC chart.
On the older TF, the price continues to move in the descending channel zone, at the moment the key level is the range of $25,300-24,600. As we can see, the price is close to this zone, but they don’t want to confirm yet, perhaps they don’t allow to unload positions on purpose.
If you look at the support zones, then we have two local ranges that I noted above ($25,300-24,600) these are the levels from which a technical rebound can be expected, well, you should also not forget about (squeeze) the $25,300 level can be broken through for a test the lower zone of the descending channel (marked with a red line), so be careful if you decide to take long positions.
Altcoins:
As for the altos, of course, everything is sad here so far, I have not closed all the positions that I have previously gained and continue to hold until the best changes in the market.
Guys, now I really understand that they are strangling, all this terrible FUD is a psychological game and it will end soon, in my experience there were many similar situations and with each of them I only became stronger. I stay with you
FUD - overflow with a big move?!Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
Everyone has probably heard the news that the SEC has filed a lawsuit against the Binance crypto exchange
A few days ago CZ tweeted for support when he throws "4" again and what do we see now? That's right, CZ throws "4" on Twitter when the SEC sues his company It's me that again they created a situation for panic and pretend that everything is in order and there is nothing to be afraid of
Let's remember the situation on March 10 this year (just look at the chart), decoupling USDC from $, the collapse of the banking sector and a real panic sell in the market, in general, threw the strongest FUD before rising by +10,000 points. Now a similar situation is happening, they are scaring the crowd before a possible reversal.
As for my position:
As I said in the last post, if they drop below $26,000, then I will average my long, I got $25,650 for 5% of the deposit (25% in the position). Stop temporarily removed, I want to wait out the FUD.
Technical: the $25,200 level has not been touched yet, maybe we will get there soon, if you are going to take a position from there, be prepared for (squeeze) the price may drop a little lower by a few hundred points.
Bitcoin - pullback before $30,000 exitHello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
Previously, I wrote several posts about exiting through local resistance, so far everything is clearly according to plan!
I'll update my previous idea a bit:
Bitcoin passed the local resistance with one candle, as it was said earlier, and even tested the local countertrend line of $28.250 (the last stop of the price of $28.450 is the gray line on the chart).
At the moment, I think that we are waiting for a test of the $27,500 mirror level before reaching $30,000 and possibly higher, an approximate plan is shown on the chart.
I continue to hold my position from $26,200 to $30,000 test, there I will already act according to the situation, either fix most of the profit and keep the rest until the local High $31011 test, or completely fix the position and wait for a significant correction to the previous local support levels of $26,300-25,000
Bitcoin fails local resistance againHello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
Bitcoin bounced back from local resistance again and dropped below $27,000, which I said yesterday that in order to go higher, you need to keep local support above $27,200, but the buyer seems unable to do this yet, but the chances still remain.
While we are trading in this protracted sideways movement and have not updated the last LoW of $25,800, there is still a chance to return to the $27,500 range and gain a foothold higher for a hike to $30,000, plus a minus rate suggests that locally they may soon begin to take out short positions, so be careful if you hold a short marginal position.
I also noted a clear resistance on the chart (red line), I think that the next testing of the $27,500 mark will already be at a breakdown of the level, which can create a strong impulse to the next resistance through the channel at $28,500.
Well, as long as there is pressure on the market, I think they can lower it to 26,100 (-+) I wrote about this on Monday and was waiting for a test of this level...
Bitcoin - exit from the descending channel.Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
Another interesting chart on the 8H timeframe is the formation of a descending channel.
I already wrote in the last post on BTC what you need to see the $30,000 mark, so I want to add more thoughts.
The price of bitcoin is now at the middle line of the channel, which is currently a temporary support, now it is most important that the buyer can keep the range of $27,200-27,000 and not fail it, then the middle line of the descending channel can push bitcoin to the important resistance of $28,650 (upper part formations).
While there are still chances for a bullish scenario, it remains to wait some more time and the matter is small...
ATOM - strong accumulation zone before space flight!Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
Another interesting coin!
The first thing to note is that the asset price has been in accumulation for a long time for about 377 days, which is most often accompanied by a strong impulse when a major player appears.
Technical: the price is testing the trend line, which is currently a temporary support ($10.360). Everything seems to be good, but it is embarrassing that the pressure to the tread line is confusing, which can lead to a slight correction, as it was recently in bitcoin.
So far, I haven’t made any trading decisions on the coin, I want to watch for some more time, if suddenly there is a rebound without correction (from current values), then I will buy on the breakdown of the global countertrend double (5% of the deposit), and the first target will be $ 17.2 last local high.
But if suddenly the buyer cannot hold the support (trend line) and we see a correction below the current values, then the first area of interest will be $9.1-9.5. For now, I'm just waiting and watching the schedule.
Bitcoin broke into a bullish range again!Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
Friends, I want to slightly update the previous idea from the technical side.
Last time, I warned that the opening of the week would most likely begin with a downward movement to the $26,150-26,500 zone, and the technical side of the trend line tightening signaled the same, we saw a breakdown and the price went down to the local support of $26,550.
At the moment, the price of bitcoin has again returned to the bullish range to the local support of $26,850-27200, from where it is trying to break through the local resistance of $27,550-27750, just what is needed in order to see further growth to $30,000
Well, this is not all that is needed for the cherished mark, after the breakdown of local resistance, it is important that the price be able to stay above the range of $27.550-27.750, and then if the buyer can hold the price, then we have another important resistance ahead of 28.760 (red line on the chart).
My bitcoin position unchanged:
Entrance - 26,280
Stop - $25,260
Target - $30-32k
Bitcoin - the price is in the global channelHello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
There is another option on the Bitcoin daily chart.
On the technical side, the price of the asset continues to move in an upward channel without confirming the lower border of the $25,250 pattern, which is currently the key zone for taking a Long position (red line on the chart) and most market participants are waiting for confirmation of this zone.
Well, it often happens that the market maker reverses without reaching the key level of several hundred points.
Time will tell how it will be this time and the liquidation of the Long position, if the price is still allowed to reach $25,000
Bitcoin - next week will start with growth?!Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
- A few thoughts on the bitcoin chart and what to expect next week.
- Bitcoin price continues to consolidate under strong local resistance $27,200-$27,550
-At the moment, on the technical side: there is a tightening to the trend line on the 12H chart, which can lead to a decrease in the range of $26,500-26,150 (gray area on the chart). Or there is an option to see a reversal already from the current values (rebound from the trend line) to the breakdown of the local resistance of $27,550
-I stick to the first option, but I still think we will see a slight downward movement at the opening of the week. It seems that there is still not enough fuel for the rocket that I am waiting for, you need to wait a little more, if you understand what I mean
BTCUSDT Short 15 / 5 Minutes Scalping LevelsSince bitcoins is intend to get range bound and several times we are not able to identify it move for those times we can do some good quick scalping. As a trader everyone love to capture big move, however, what if there is no big move? Then lets capture small moves multiple times and reap the benefits of one big move.
Bitcoin, another bull run soon?!Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
Bitcoin technical failed to overcome the local resistance of $27,550 and again got a rebound below $27,000
At the moment, the price of bitcoin has rebounded from the local trend line of $26,550 and it seems there is again a chance to try to break through the strong local resistance of $27,300-27,550 and keep the chances to go above $30,000
As long as the buyer leaves the price in the gray area on the chart, the chances of a bull run still remain, the main thing is to wait for the right moment and stick to risk management.
I got Long from $27,500 with 1000 pips down, my TBX is $26280 and I keep holding Long!
Where is bitcoin going? Will the support survive?Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
Friends, a small update to yesterday's BTC post.
Technically: Bitcoin - failed to overcome local resistance (upper part of the triangle $29,650-$29,855)
Ahead we have support in the lower part of the triangle border of $28,300, from where the buyer may be activated, but often such support can fail under pressure, or it ends with a squeeze movement and a return back to the borders of the pattern, in general, if you decide to gain from the current Long, be prepared for that that the price may go even lower than the current values, it is best to act with a grid of orders with an addition lower.
At the moment, I have fixed a fully Long position and above in a total profit of 10% to the deposit with a leverage of 3X. I think that this is a good percentage in a short time.
So far, I have not made a decision on marginal positions, but I will probably re-enter long soon, I want to wait for more confirmations to take a position.