Btcusdlong
Trading opportunity for BTCUSDTBased on technical factors there is a Buy position in :
📊 BTCUSDT
🔵 Buy Now 16931.16
🧯 Stop loss 16510.90
🏹 Target 1 17168.10
🏹 Target 2 17517.00
🏹 Target 3 18078.45
💸RISK : 1%
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BTC How further events will develop)🖐 Hello everyone.
All the same, there was a price movement that we were waiting for. But this exit turned out to be false, because at the stops of shortists and liquidations, someone fixed a large long or gained shorts. This was visible on the chart on small timeframes and on the glass, as someone pressed the price down by volume and did not allow it to go beyond the maximum. After that, they began to form accumulation under the previous support level and, as a result, saw a decline.
🔍The current formation indicates a further price increase. It is interesting to observe the price zone, where we saw a growth stop earlier.
There are enough factors that speak of continued growth) I think it will be like this, they will collect liquidity in a limit offer and then aggressively buy on the market.
I also found a good example) Where you can see how further events will develop)
Trading opportunity for BTCUSDTBased on technical factors there is a Buy position in :
📊 BTCUSDT
🔵 Buy Now 16731.47
🧯 Stop loss 16505.00
🏹 Target 1 17044.00
🏹 Target 2 17488.00
🏹 Target 3 18256.00
💸RISK : 1%
We hope it is profitable for you ❤️
Please support our activity with your likes👍 and comments📝
BTC ANALYSIS#BTC UPDATE.
#BTC has been able to hold the blue box support on 4H TF and as soon as btc loses this support we are likely to see btc testing the purple box area .There is some bulish divergence on 4H Tf but since the market is so fishy we can not trust any kind of signals right now however if divergence comes into play we will see some pump in btc price.
BTC in case of bearish scenarioHi, the targets are determined as if downward scenario and supply pressure will be too high.
technically if a bearish momentum will happen, it should be deep and powerful. if not, we will have a gradual upward move towards the PIVOT shown on the chart.
be careful with your assets as we're also in a zone of longterm (holders) accumulation. so these are the final drops and if they won't meet, a great FOMO will occur for you.
BTC Long term Vision! Bulltrap alert!!What Makes Bull Traps Happen? Wishful Thinking
Bull traps can emerge after a market downturn appears to have been exhausted. In the wake of steep declines, there’s often clamoring among investors to grab an early seat for the ride back up, get in at what appears to be a bargain price, and/or pick a bottom.
These initial buying spurts may push prices above certain chart levels, and these “breakouts” can trigger more buying. But such breakouts may actually be false signals, and the price soon resumes a downward path.
So, what is a bull trap? A bull trap fools some traders into thinking a market or an individual stock price is done falling and that it’s a good time to buy. But then it turns out it’s not a good time, because the price soon resumes its descent, catching buyers in a money-losing trap. In many ways, it’s the opposite of a “bear trap,” which can fool traders into selling out too soon in the midst of a bull market.
Here, we can go and print 25k..even 30kish..still I'd say it is going to be a bull trap! I also see the overall market conditions and it doesn't seem good.
Do you agree or disagree?! Comment down below!!
ETH ANALYSIS#ETH UPDATE.
#ETH isd currently trading at the blue box daily support and if eth loses the current daily support it is lost likely that eth might test the green box support on daily soon.The next possible move would take 4-6 hours so keep eyes on that,however purple box is the current resistance and eth needs to close above this level for any upside move.
BTC ANALYSIS#BTC UPDATE.
#BTC is currenty trading in ascending triangle on 1H TF and close below to the purple line would agin bring btc to test the 16krange .
👉🏼There are high chances that we are going to see yet another sharp move on 1H TF so be prepared for that also as there could be a flash btc move that could liquidate the positions.
BTC Up long termIf we analyze the complete Chart all Times, Yuo can See you something , practically in all falls all of then 100%, when the price reaches approximately 23.60%, it recovers to once again recover what was lost (100%) and eventually make a new historical maximum at a : 341.40% of the original price, as this has been repeated several times and precisely now the price borders the : "23.60%" of the last upward trend, So now remember that this is only an analysis taking into the all patterns and long-term behavior of this particular instrument BTC based on an index of probabilities taking the past Only. So in this case, the price will have to recover again and eventually make a new all-time high at approximately : 341.40% of the last high.
BTC ANALYSIS#BTC DAILY UPDATE.
#BTc has broken below to the pink box support on daily and has become the resistance for btc on daily,if btc not able to close above the pink box area n daily we will mostly likely to see that btc will test the blue box support area on daily.
BNB ANALYSIS#BNB UPDATE.
#BNB has lost the crucial support daily support which is at the the blue box area and has now become the resistance on daily.If bnb does not close above this resistance then we might more pullback and might test the next support on daily around 220
ETH ANALYSIS#ETH UDATE.
#ETH has broken below to the purple box area which was the support and is now acting as the resistance for ETH.ETH is currently holding the daily support at the yellow box area ,if eth loses the current yellow box support and closes below to the yellow box on daily then I do expect more dump in the price of the ETH.