Get started

BTCUSDTPERP

📊#BTC pulls back after breaking through bull flag, what’s next❓➡️Yesterday, after we broke through the bull flag, there was a correction of more than 3,000 dollars, the volatility is very huge, so we should not forget risk management at the same time. When we have all the measures in place, we will not feel overwhelmed by the huge fluctuations in the market, because everything that can happen is within our expectations, so that we can make trades with ease.☕️ 🧠At present, we have broken through the bull flag and carried out consolidation in the resistance zone, and I found this beautiful cup handle structure through the graph, the principle of the bull flag and the cup handle structure is actually similar, we have a long structure as a supporting power, then we have a great probability to continue to continue the long strength.📈 ⚠️Note that if we break the uptrend support line and the bull defense point, then we will lose momentum and further pullbacks will occur.📉 Let's see👀 🤜If you like my analysis, please like 💖and share it💬 💕 Follow me so you don't miss out on any signals and analyze 💯
Long
by wolf_king888
This volatility period runs until November 9thHello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (BTCUSDT chart) (1D chart) The high point formed on November 2 has not yet been renewed. However, since the lows continue to rise, it is necessary to check whether the highs can be renewed on November 9, the last day of this volatility period. If it fails to renew the high point and falls below the 34110.32-34786.17 range, it is likely to fall to around 31804.17-32917.17. At this time, it is important to see support near the MS-Signal indicator or important trend lines. If support is confirmed, it is likely to create a pull back pattern, so I think it will be the first buying period after BTC rises above 29K. Identifying support and resistance is always a difficult and difficult task. Therefore, if your psychological state is unstable, there is a possibility that you will not be able to endure the period to check support and resistance and proceed with trading in the wrong direction. Therefore, if you believe that your psychological state is unstable, you should make your psychological state stable by organizing coins (tokens) with low profits or losses. When liquidating coins (tokens) that are recording low losses, coins (tokens) that are making a corresponding profit must be sold to make the actual profit and loss more than 0. Otherwise, if you only liquidate coins (tokens) that are recording losses, a high loss rate will be displayed in your account, which may make your psychological state more unstable, so you need to be careful. Once this period of volatility concludes, the next period of volatility will be around November 27th. -------------------------------------------------- - The big picture The full-fledged upward trend is expected to begin when the price rises above 29K. This is the section expected to be touched in the next bull market, 81K-95K. -------------------------------------------------- ------------------------------------------- ** All explanations are for reference only and do not guarantee profit or loss in investment. ** Trading volume is displayed as a candle body based on 10EMA. How to display (in order from darkest to darkest) More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA ** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own. ** This chart was created using my know-how. ---------------------------------
by readCrypto
Bitcoin targets for correctionBitcoin after 222 days range hit 27 zone. Now I would like to see correction BINANCE:BTCUSDT.P Possible Targets and explanation idea ➡️Over 200 days in a range! We move impulse sideways Impulse. ➡️Its a daily timeframe only local zones. Main zones 48-52K by end of year or April May 2024 still relevant ➡️Now we are in a market stage when Bears and Bulls will loose the money ➡️Consensus about "we can't move higher" will be soon from both camp ➡️in a range we got deviation at the top of range and deviation at the bottom ➡️Impulse up, sideways and last impulse to 27 zone work almost in 99% cases like a clock) ➡️Healthy correction will be to 0.23 zone and good correction block for futures marked with SL. ➡️On MP indicator you could see how whales fix main % of position on D tf, then RSI div on daily and continuation of fixations. ➡️ Waiting on D blue zone of money inflow. I think its can took just a week or so before continuation of main trend Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch! ✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes. --- • Look at my ideas about interesting altcoins in the related section down below ↓ • For more ideas please hit "Like" and "Follow"!
Short
by Crypto4light
Another 10% Upside for BitcoinBitcoin is forming a Cup and Handle pattern on the daily chart. If this pattern is successful, we are looking at a 10% price increase from the current price (34.8). The neckline is at 36K which is the immediate resistance. A move above the diagonal trendline resistance will add more confluence to this idea. After hitting this level, I expect a healthy correction. Invalidation: Daily close below 34.5K Trade Idea: Entry: 35.2 SL: 34.1K Target: 38.5 R:R: 1:3
Long
by NewThoughtCrypto
📊#BTC successfully reached the TP zone, cautiously chase up⚠️⚙️The action we have to do after the completion of the goal is to reduce or close the position, and then patiently look for new opportunities, because we have been rising, there is no healthy sharp correction, so our upward momentum is very likely to weaken after we reach the goal of the big cycle, there is likely to be a big cycle of pullback.‼️ ⚠️So we need to be cautious about it, and it's important to be patient.☕️ Let's see👀 💕 Follow me so you don't miss out on any signals and analyze 💯
Long
by wolf_king888
📊#BTC is still in a long structure. Short with caution⚠️➡️Yesterday, we finally reached TP zone 1 after 4 days of consolidation, although we went very hard, but successfully achieved the goal, congratulations to the friends who followed the Wolf King to print money.💰🍻🚀🌕 🧠We broke the short defense on the way up, and the short structure was broken, which means that we will continue to rise.📈 ⚠️Markets can change quickly, so let's not forget risk management as we look to higher targets.💯✔️ Let's see👀 🤜If you like my analysis, please like 💖and share it💬 💕 Follow me so you don't miss out on any signals and analyze 💯
Long
by wolf_king888
important to check whether there is support or resistanceHello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- From the moment we start trading, a mental war of attrition begins. Even if you create a trading strategy in many cases before starting trading, the mental battle of attrition due to price fluctuations begins after you start buying. In order to win this mental war of attrition, a plan to lower the average purchase price is inevitably needed. Therefore, concluding a purchase in one transaction can easily result in losing the mental battle of attrition. This phenomenon is clearly evident in futures trading. In order to reduce this formal war of attrition, it is recommended to refrain from breakout trading whenever possible. Looking at the example chart, I've marked several support and resistance points. We know that in most cases, it is not too late to check support and resistance at these support and resistance points and proceed with the transaction. However, when the price fluctuates, a mental war of attrition begins as trading proceeds immediately without checking basic support and resistance. I believe that this phenomenon is caused by anxiety caused by one's own greed. In order to reduce these conflicting elements, it is necessary to practice checking for support and resistance at the points of support and resistance. We use several methods to check for support and resistance. No matter which method you use, the most important thing is to remember that the method that suits you is best. Basic support and resistance can be outlined to some extent by checking the 1D chart for at least 1 to 3 days. If a trend appears after this period, it corresponds to a coin (token) that shows rapid movements in the short term. Otherwise, you will see sideways movements for about 7 to 10 days. However, since the coin market allows trading 24 hours a day, it is quite difficult and difficult to check support and resistance for at least 1 to 3 days. This leads to rapid transactions, resulting in a formal war of attrition. There is no special way to check for support and resistance. The know-how you gain depends on how many transactions you have made. Also, it is important to think in advance about how you will respond when support and resistance appear in the opposite direction of what you expected. I think the reason trading is called gambling is because this method cannot be defined. So, I think there are people who say that it is a game with a 50% chance of going up or down. However, these thoughts will gradually disappear as you create a response strategy according to price fluctuations through studying charts and trading strategies learned through many transactions. Ultimately, whether you accept the know-how you gain by conducting many transactions at your own will as your own and whether you correct your mistakes will ultimately determine the success or failure of the transaction. - Can you create the necessary support and resistance points or sections to check whether there is support or resistance? - Even if the support and resistance points or sections were selected incorrectly, can you trust the support and resistance points or sections and find a response plan? Chart study must be done to satisfy the above contents. Terms, patterns, and trends on charts only serve to modify your trading strategy while trading. In the end, we must not forget that everything begins by checking the support and resistance at the support and resistance point or section. -------------------------------------------------- ------------------------------------------- ** All explanations are for reference only and do not guarantee profit or loss in investment. ** Trading volume is displayed as a candle body based on 10EMA. How to display (in order from darkest to darkest) More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA ** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own. ** This chart was created using my know-how. ---------------------------------
Education
by readCrypto
3
HA-High : If supported, the previous latest high can be updatedHello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (BTCUSDT chart) The key is whether it can receive support and rise around 34110.32-34786.17. If it rises, we need to check whether it can rise above 37253.81-38531.90. This is because the 37253.81-38531.90 area is expected to be the first resistance area in the current upward trend. (1W chart) It is important to see whether a new candle is created and the HA-High indicator appears to be about to be newly created. To do this, there must be an up and down shaking motion. If there is no up and down movement, there may be an up and down movement around 38531.90, so you need to think about a countermeasure. Therefore, when it falls after resistance near 38531.90, if the price is maintained above 29241.72-30767.38, it is expected to create a pull back pattern and rise again. Therefore, in the 1W chart, which direction it will deviate from the 30767.38-38531.90 section is an important issue. If it rises above 38531.90, this bull market is expected to end by rising to around 46431.5. (1D chart) The rise began with a rise above 29241.72-30767.38 and rose to the 37486.17-37779.56 range, which is the first important support and resistance range. Additionally, since the HA-High indicator was created at the 34389.02 point, if it is supported and rises around this area, it is expected to renew the previous latest high. In order to show a greater upward trend, the following conditions must be met. In this chart, we believe that maintaining the price above the HA-High indicator meets the following conditions. Therefore, an important question is what movement will cause the price to rise above the HA-High indicator on each time frame chart. The HA-High indicator on the 1D chart is showing support as it is created at the current price position. Accordingly, the short-term upward trend is expected to continue. Next is whether the HA-High indicator on the 1W chart is generated from the current price position. Because the RSI indicator has entered the overbought zone due to this rise, the possibility of a new HA-High indicator being created when it falls from the overbought zone has increased. If a new HA-High indicator on the 1W chart is created, then we will continue the discussion. -------------------------------------------------- - The big picture The full-fledged upward trend is expected to begin when the price rises above 29K. This is the section expected to be touched in the next bull market, 81K-95K. -------------------------------------------------- ------------------------------------------- ** All explanations are for reference only and do not guarantee profit or loss in investment. ** Trading volume is displayed as a candle body based on 10EMA. How to display (in order from darkest to darkest) More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA ** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own. ** This chart was created using my know-how. ---------------------------------
by readCrypto
📊bull structure of BTC is still in place, don't be pessimistic➡️There was no update to the analysis yesterday because we were busy printing money and were happy that the market developed as expected and we had a big pullback after achieving our short-term bullish target. According to the Elliott wave theory, we completed the correction wave A with a full falling wave and are currently completing the main wave B with a mini-correction wave.📈 🧠If we can successfully break the upper H point, then we can challenge the bear defense point. If a successful breakthrough means that the short structure is destroyed, it means that we will be able to reach the target area 2 with a high probability.🎯 ➡️If we break below the bull defense, then we may exit the upward channel and start a correction⚠️ Let's see👀 🤜If you like my analysis, please like 💖and share it💬 💕 Follow me so you don't miss out on any signals and analyze 💯
Long
by wolf_king888
📊Where might the #BTC rally stop❓🧠According to Elliott wave theory, we are currently moving in wave 5, and the four waves ahead are all small and not as big as the last full wave 5, so we may stop after completing TP zone2 and then take the ABC correction wave.📉 👀But according to the structure, we have risen all the way from the bottom of the smiley bullish structure, then we are most likely to stop after the completion of the medium-term target, and then make a pullback.🎯 ⚙️Therefore, it is recommended that we do a good job of risk management, do not be carried away by the surging joy, and the remaining goals we should maintain a cautious attitude to face.⚠️ Let's see👀 🤜If you like my analysis, please like 💖and share it💬 💕 Follow me so you don't miss out on any signals and analyze 💯
Long
by wolf_king888
The long sideways are coming to an endHello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (BTCUSDT 1D chart) We are going to show how the HA-High indicator created on July 5th, starting on April 17th, is changing due to this movement. Accordingly, the HA-High indicator is expected to move from the 30495.92 point to the 34389.02 point. Therefore, among the 34110.32-34786.17 range, it is expected that whether it receives support or resistance around 34389.02 will be an important factor. If the HA-High indicator is supported and rises, it is likely to renew the previous best high. As the volatility period passed around November 2-8 (maximum November 1-9), it became important to maintain the price in which direction it deviated from the 34110.32-34786.17 range. On the other hand, if it meets resistance at the HA-High indicator and falls, it is highly likely that it will basically fall near the HA-Low indicator. Currently, the HA-Low indicator point is located at 26151.99, but if the price falls, it is highly likely that a new HA-Low indicator will be created. Therefore, at that time, whether or not it is supported by the HA-Low indicator becomes an important issue. If such a move is made near the MS-Signal indicator, there is a possibility of creating a pull back pattern because the reliability is high. (1W chart) Fluctuations in the HA-High indicator are also expected in the 1W chart. As you can see from the formula of the published indicator (HA-MS), the HA-High indicator is a combination of the Hikinashi and RSI indicators. Therefore, because the RSI indicator entered the overbought zone due to this rise, there is a high possibility that the HA-High indicator will fall and be created once it leaves the overbought zone. As of April 19, 2021, the HA-High indicator, which was created on November 15, 2021, has fallen, increasing the possibility of its creation. As explained in the 1D chart, large fluctuations in the trend are likely to occur depending on whether support or resistance is received in the HA-High indicator, so changes in the HA-High indicator on the 1W chart can be said to be very meaningful. When a new HA-High indicator is created, whether it is created above or below the current price will play an important role in forming support and resistance zones. On the 1D chart, the position where the HA-High indicator is intended to be created is located below the current price, so it is in the support range, so you should think that there is a higher possibility of an increase and think about a countermeasure. However, you must also think about countermeasures in case of a decline. This rise can be seen as a signal that the long sideways trend is coming to an end. -------------------------------------------------- - The big picture The full-fledged upward trend is expected to begin when the price rises above 29K. This is the section expected to be touched in the next bull market, 81K-95K. -------------------------------------------------- ------------------------------------------- ** All explanations are for reference only and do not guarantee profit or loss in investment. ** Trading volume is displayed as a candle body based on 10EMA. How to display (in order from darkest to darkest) More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA ** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own. ** This chart was created using my know-how. ---------------------------------
by readCrypto
1
The key is whether it can rise in the 34786.17-37779.56 rangeHello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (BTCUSDT chart) It received support and rose in the 34110.32-34786.17 range. The still important section is the 29241.72-30767.38 section. Therefore, if it falls below the 29241.72-29850.45 range, it is likely to turn into a downtrend. (1D chart) A period of volatility has just begun. Therefore, caution is required when trading until the volatility period ends around November 8 (November 7-9). We need to check whether the StochRSI indicator and the Histogram indicator can continue their upward trend and rise above the 0 point. Of the three buying opportunities I mentioned before, it is showing an upward trend without creating a pull back pattern, which I said would be the first buying period after BTC rose above 29K. If it appears to fall below 34110.32 around November 2 (November 1-3), the beginning of the volatility period, you need to check if it is supported around 31804.20-32917.17. The second time to buy BTC was when a pull back pattern was formed when it fell after resistance near 38531.90. I will explain this again when the price rises to around 37779.56-38531.90. -------------------------------------------------- - The big picture The full-fledged upward trend is expected to begin when the price rises above 29K. This is the section expected to be touched in the next bull market, 81K-95K. -------------------------------------------------- ------------------------------------------- ** All explanations are for reference only and do not guarantee profit or loss in investment. ** Trading volume is displayed as a candle body based on 10EMA. How to display (in order from darkest to darkest) More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA ** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own. ** This chart was created using my know-how. ---------------------------------
by readCrypto
📊#BTC falls back after breaking bull flag, what’s next❓➡️As I said in the previous post, our overall direction remains bullish, and we set the market trap after breaking out of the wedge structure within the bull flag yesterday, and we are pleased that the market has developed as expected. In the end, we achieved all of our goals, successfully hunted a return of 253%, and achieved a profit and loss ratio of 2 times. Set the market trap in advance,🕳you have plenty of time to participate.💯✔️ ➡️The market pulled back sharply after we closed our positions, and there must have been whales in our money-printing team.😂 ➡️So how should the next market develop❓ 🧠From a structural point of view, we are in the rising bull flag, today we choose to break upward, then it means that the future direction will continue to increase the momentum. Moreover, there is a smiley bullish structure inside the bull flag, and the bull goal of this structure has not been fully realized, so it is also worth looking forward to. In addition, we broke the big short defense during the rally today, which means that the big short structure has been destroyed, which means that we will continue to rise.🚀🌕 ⚠️Note that if our small bull defense is broken, it means that our bull structure is broken, which means that we will face a significant correction situation.‼️ Let's see👀 ✔️Actively bullish also requires looking for the right entry opportunities, find 👉 Wolf king , let us participate in the traps laid in advance🕳
Long
by wolf_king888
Check if StochRSI shows a trend reversalHello? Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (BTCUSDT chart) (1M charts) We have entered the 32917.17-59053.55 box section. Accordingly, the key is whether it can receive support above 32917.17-34110.32 and rise above 37253.81. (1W chart) It showed a large increase, rising above the 29241.72-30767.38 range. Accordingly, the key is whether it can rise above 38531.90. If not, you need to see if you can move up along the uptrend line. If it rises above 38531.90, I think a trend reversal will occur around 46431.5. therefore, 1st: 38531.90 2nd: 46431.5 The important factor is whether support or resistance is received around the first and second positions above. It is also important to consider whether a pullback pattern will be created with 29241.72-30767.38 as the boundary, or whether the price will turn into a downward trend. (1D chart) When looking at the big picture, 1st: 34786.17-37779.56 2nd: 44200.0-476.0 There are 1st and 2nd important support and resistance sections above. To do so, the key is whether it can receive support and rise around 32917.17-34110.32. The volatility period is around November 2nd - 8th. Accordingly, it is necessary to check at which point or section there is support or resistance after this period. Since the StochRSI indicator is showing a downward trend, it is necessary to check whether the downward trend is maintained even when a new candle is created. If the downward trend continues, the current movement is likely to be a movement aimed at creating a high. Since this movement has the potential to create a pullback pattern, the key is whether it can support and rise near the MS-Signal indicator, that is, around 29850.45-31804.20. If a pull back pattern is created this time and it rises, it will be the first time to buy BTC or ETH after BTC rises above 29K. If you have purchased some BTC or ETH below BTC 29K, it is recommended to make a secondary purchase of the altcoin you own from a mid- to long-term perspective. However, it is doubtful whether altcoins will see a large decline in this pull back pattern, so you should decide your investment proportion based on the decline. From a mid- to long-term perspective, I think the secondary purchase period for altcoins should be around BTC 32K-43K. Therefore, caution is required when making secondary purchases of altcoins as you may miss better opportunities if you invest too quickly and with a large investment proportion. In fact, I think it is best to purchase altcoins when BTC's full-fledged upward trend begins. However, the reason why I say that altcoins should be purchased three times over such a long period of time is to increase the number of coins (tokens) corresponding to profits through day trading or short-term trading, or to increase cash profits. This is to obtain. -------------------------------------------------- - The big picture The full-fledged upward trend is expected to begin when the price rises above 29K. This is the section expected to be touched in the next bull market, 81K-95K. -------------------------------------------------- ------------------------------------------- ** All explanations are for reference only and do not guarantee profit or loss in investment. ** Trading volume is displayed as a candle body based on 10EMA. How to display (in order from darkest to darkest) More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA ** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own. ** This chart was created using my know-how. ---------------------------------
by readCrypto
📊BTC in the cattle flag shock consolidation, what happens next❓➡️In fact, I already indicated in my analysis yesterday that our expectation for the direction is up, because we have formed an upward bull flag in the big cycle (generally we continue to rise through this model), and we successfully broke the previous short structure yesterday, which means that we will continue in the direction of bulls.🚀🌕 ⚠️But because we achieved our short-term bullish target and entered a correction wave and regrouped after clearing out most of the short sellers.📉 ➡️Now we are gradually squeezed inside the bull flag to form a rising wedge structure, and generally we fall through this model structure. Note that here is a small cycle level of the rising wedge structure, can not expect too large targets. Also, yesterday in my trading analysis I said that we would not short easily. 🧠So when we clear the lows ahead, we will start a new bull rally.📈🚀🌕 Let's see👀 🤜If you like my analysis, please like 💖and share it💬 💕 Follow me so you don't miss out on any signals and analyze 💯
Long
by wolf_king888
4
📊#BTC forms a rising bull flag, what happens next❓🧠I look forward to continuing to rise, because our general direction is in the bull structure, the formation of a new smiley bullish structure in the bull flag, and there are targets above to look forward to.🙏🎯 ⚠️But we can also move down, because our medium-term goal is achieved, and the action we do after the goal is achieved is to reduce and watch, and the downward correction can also make the rally healthier.💯 ➡️Now we don't need to guess where the market will go, we just need to watch the breakout of key points (H) (L). If we break the key point (H) upward, then there is a high probability that we will continue the rally to achieve goal 1.📈 ➡️If we choose to go down below the key point (L), then there is a high probability that we will move towards the support zone📉 Let's see👀 🤜If you like my analysis, please like 💖and share it💬 💕 Follow me so you don't miss out on any signals and analyze 💯
Long
by wolf_king888
📊#BTC may rise in a falling wedge pattern📈🔔Shortly after we informed everyone to cancel the long orders in the morning, the market price developed in the direction we were worried about, because we had previously advocated being bearish, but we were not persistent.✔️ 🧠With the development of PA, we have set two possibilities. If the market price at that time chooses to break through the low point (L) downward, then we will directly pursue the short position. Because the low point is broken, it means that a new short structure has emerged, and our original structure is short, so it is reasonable for us to go short. 🧠If the price chooses to continue to rise above the upper high point (H), then a new long structure will appear, which means that we will attack the short defense point upwards. If the short defensive point is broken, it means that the short structure is destroyed, and then it will be a high probability event to continue to rise. This is a coherent set of thinking logic that everyone can try to understand.☕️ ➡️Now we still need to wait for the breakthrough signal of the upper high to be actively bullish.☕️ let us see👀 🤜If you like my analysis, please like 💖and share it💬 💕 Follow me so you don't miss out on any signals and analyze 💯
Long
by wolf_king888