BITCOIN: IN BETWEEN THE SUPPORT AND RESISTANCE.Hello traders,
Dexter here with another update on BTC. This time we will analyze the chart in 3 days timeframe.
BTC broke out above the resistance trendline 18 days ago and since then it is swinging in between the support and resistance of $21.5k & $25k. The breakout does look bullish but until and unless BTC breaks above the $25k resistance, we cannot confirm anything yet. In a longer timeframe, I am keeping my support and resistance tight and will keep my long-term position open.
Please keep in mind that this BTC update is not meant for scalping or short-term trading. This analysis is purely meant for spot and long-term holdings. If you scalp trade with 10x or 20x leverage based on this analysis then a drop toward $21.5k will take the soul out of your body. So, don't do that. I have already posted a BTC update in a shorter timeframe so please refer to that before taking any scalp trade on BTC.
Btctothemoon
Possible BTC Movement With Elliot WaveThis is my elliot BTC graph firstly I am waitin 16500 and then 1800 18200. After this movement 16200 should happen and then 18700 should come. After this movement big dump will be occur. 13k 12k 10k 9k these are the buying points. After this dump in january I am waiting bullish season starting in february. For short them short to 16500 long to 18200 and then short to 16200 and then 18700 these are not an investment advice
Hodl btc? Be carefullTrend is bearish in high time frame. We can see a bullish divergence on rsi and volume don,t like trend too. If we had a wedge and it breaks trend maybe reverse but safe ling is after price breaks last pivot touched trend line.And for short position after breaks rsi line we can think about it and open short with dow theory or sr lines or...
Btc will dump?Volume like bullish. Because of many touchs to tr lineand fib 0.618 level and many fake break outs from up line when my pale line breaks I gonna open short. And don't forgot to open position you should have your risk table. For example if my line breaks and my rsi bellow midline of bb and line of 50 and tether.d be bullish and don't have any divergence in rsi,I gonna open short with high risk. And if price breaks up dark line I gonna open long with my risk tabe.
Thanks for follow,boost and comment
Buy btc?Hello. For open position you should have a personal risk table. For example I open position with 0.5% risk when price breaks any line in first touch and 1% risk when it breaks in twice touch and 2% risk when it breaks in third touch. In position 1 my stop is so much. In position 2 my stop is under the last pivot if it is long. In position 3 my stop is under the candle shadow which broke line.I think best time fir buying btc is when price in 4h could break dark blue line.
Thank you for follow,boost and comment.
Btc will pump?Hello if candles can close above lines I gonna open position and if volume or rsi confirmed I gonna open position with higher risk and I set ma sl below candle shadow because price touched this line many time in past but all of these can be false and I make a mistake. Thank you for follow and boost and comment.
Btc to the moon?be carefulShort:price should touch line again if after twice touch it breaks you can open position low risk and set your sl back of last pivot. If after third touch price breaks line you can open position with more risk and set your sl back of break candle shadow and your target can be next sr line.
Long:price touched line 3time it's good and you can open risky position with low risk after break line but I suggest you open your position in pullback to line or in break last high after price broken sr line.You can set your position in setup 1 back of last pivot and in setup 2 and 3 you can set sl back of shadow of break candle. Don't forgot you can open long setup 1.2 and 3 if rsi breaks dynamic line. And never trade with whale candles
Thank you for boost and comment and spending time for read this article.
Don't buy btc?In third touch to wedge up line you can open short and it should have bearish divergence in RSI. And target of v pattern is a resistance. We can see more shadows nd smaller candles in bullish trend. Volume don't like this trend too. But if btc break 2 resistance and RSI line it could have bullish moments but I wouldn't open long position.
BOTTOM IS CLOSE ON BTC!!!In this video i am explaining where i think we are going to go from here and also i'm looking at the 4 hourly, daily, weekly and monthly chart, as well i am looking at inflation rate chart and DXY .
This is my third video and i hope you'll like it. Also i'm sorry for my speaking mistakes, I'm trying to improve my english.
I forgot to mention that 300 weekly ma is also at the bottom of my monthly channel and also i forgot to mention that i am still in my short position from the top of the range at 32400k.
What do you think about my second third video and analysis ?
Feel free to leave a comment.
If you like my ideas please follow me and like because you can always find something interesting on my profile, i am new to Treadingview but i have 6 years expirience in trading.
DON'T SELL YOUR CRYPTO
BTC TO THE MOON!!!
Lol it was like March 2020 pattern? 🤔What you think about it 🤔😂 ! But wait ✋ think about this analysis seriously or regret later 📉📈🔥....may be it can be take off on right now price ( between $17k or $20k ) 🚀 as compared to March 2020.
also btc big f*cking rally coming soon (In 2024 📈🔱) so best of luck 😉👍to all. Stay tuned ✅💸.
Bull trap on BTC!!!In this video i am explaining where i think we are going to go from here and also i'm looking at the 4 hourly, daily, weekly and monthly chart.
This is my first video and i hope you'll like it. Also i'm sorry for my speaking mistakes, I'm trying to improve my english.
What do you think about my first video and analysis ?
Feel free to leave a comment.
If you like my ideas please follow me and like because you can always find something interesting on my profile, i am new to Treadingview but i have 6 years expirience in trading.
DON'T SELL YOUR CRYPTO
BTC TO THE MOON!!!
Falling wedge and Bullish divergences on BTCAt the moment Alt coins are dying and BTC looks like is going down to hell, but a fact is that we have bullish falling wadge and third Daily bullish divergence in a row.
This is way i opened my 20x long position at 37.550k.
As the Nick Diaz would say "Don't be scared homie"
What do you think about this Falling wedge ?
Feel free to leave a comment.
If you like my ideas please follow me and like the post because i am posting every day and you can find always something interesting on my profile, i am new to Treadingview but i have 6 years expirience in trading.
BTC TO THE MOON!!!
TOTAL MARKET CAP 1DAY UPDATE BY CRYPTOSANDERSHello, welcome to this TOTAL MARKET CAP 1 DAY chart update by CRYPTOSANDERS.
I have tried my best to bring the best possible outcome to this chart.
Show some support do hit the like button, follow and comment in the comment section. 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 TOTAL MARKET CAP broke the triangle pattern and retested the upper trend line.
After a successful retest, it moved upside which is the indication of a bull rally in the market in the upcoming weeks.
If it broke the green zone this chart will be invalidated but if it moves upside or is able to sustain this green SUPPORT line then the bull rally will continue.
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...
BTCUSDT Next support levelHey Colleagues,
Today we came across BTCUSDT. We see a great opportunity for this coin to show some bullish candles in the coming period around 39k Level.
If you like ideas provided by our team you can show us your support by liking and commenting.
Yours Sincerely,
Tournesol Team
We have W retest on the weekly BTC!!!I really dont understand way nobady is talking about this big support on the weekly timeframe. At the beginning of 2021 we had correction of 26% and we bounced back from the support and went up 50%. After that we had correction in september of 2021 and we went 18% down which is 8 % less then first corection, but after the retest we went up 60% which is 10 more then first corection. And at the moment we have our third correction and we went down 10% whith is (again) 8% less then the second correction.
After the first bounce we got 50% pump in 8 weeks, after second one 60% in 8 weeks and are we now getting 70% in just 8 weeks??
This is way i got in my big long postion at 43.1k and my first take profit is on 53.3k which is the target of this W reversal pattern.
This is not the only reason way i opened this long position because we have huge hidden bullish divergence on the daily and somthing very nice on the 4 hourly as well, but i am going to make another post about it.
What do you think about this W reversal pattern?
Feel free to leave a comment.
If you like my ideas please follow me and like the post because i am posting every day and you can find always something interesting on my profile, i am new to Treadingview but i have 6 years expirience in trading.
BTC TO THE MOON!!!