📊#BTC falls below support zone, Can key support hold❓🤯Despite any expectations, there are always two options for the development of events in trading, growth or fall. The main thing is to identify trigger zones that signal a change of mood.👀
🧠Expectations for local growth did not materialize, and Bitcoin fell below the strong support of $27,000 after exiting the upward channel. Next, we will choose to attack the key support zone, if it cannot be held here, then it means that the bull structure is completely destroyed, then the subsequent will continue to bear.📉
Let's see👀
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BTCUSDTPERP
Bitcoin price (BTCUSD) starts negative 1D Hello dear friends, The price of Bitcoin (BTCUSD) is showing noticeable negative trading now, to support the continuation of the expected downward trend in the immediate and short term, approaching our expected target at 27157, noting that breaking this level will extend the downward wave to reach the 25107 areas.
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BTCUSDT at resistance, likely to head down to 27066-27166The previous long trade did not work out as the price fell below the support we were expecting to hold the price. Now the price has come up to test that support area which is now acting as resistance. The price may move further down to the 4h support 4HS1.
⚠️Bitcoin will Go Down Again⏰(1-Hour)⏰⚠️👋Hi everyone, I hope that you have a great weekend.🥳
🌊It seems that the corrective structure of Bitcoin continues so that the Wave A had an Expanding Leading Diagonal structure, and in general, it seems that the corrective structure will be a Zigzag type(ABC/5-3-5) .
📚It is better to know that generally, on Saturdays and Sundays , Volume Trading is low , so there is a high probability that Bitcoin will move in the form of Range in the next two days and will make its main move at the beginning of next week.
💡Also, we can see Regular Divergence(RD-) between two consecutive peaks.
🔔I expect Bitcoin to eventually break back below the 🟢 Support zone($27,920-$27,800) 🟢 and once again attack the 🟢 Heavy Support zone($27,600-$27,300) 🟢 and the lower line of the Ascending Channel .
❗️ Note ❗️: If BTC can break the 🔴 Heavy Resistance zone($28,440-$28,060) 🔴, the scenario will change.
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🌐➕ Positive News ➕🌐:
Spot Bitcoin ETFs Could Send BTC Skyrocketing by Over 3,200%, Says InvestAnswers Host.
Bitcoin miners Marathon, Riot, CleanSpark increase BTC output in September.
Hong Kong crypto VC opens $100M fund for Asian blockchain startups.
Robert F. Kennedy Jr. Pledges to Protect Bitcoin When President.
🌐➖ Negative News ➖🌐:
JPEX converts user stablecoins to native token without notice: Report.
Ledger lays off 12% of staff, citing ‘macroeconomic headwinds’.
Binance Losing Market Dominance at Rapid Pace.
Dark Side Of Crypto: $7 Billion Laundered Across Chains, According To Elliptic.
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Bitcoin Analyze ( BTCUSDT ), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Bitcoin will ⚔️Attack⚔️ to Downtrend line⏰(15_min)⏰👋Hi, everyone.
🏃Bitcoin is running on 🟢 Heavy Support zone($27,600-$27,300) 🟢 and 🟡 Price Reversal Zone(PRZ) 🟡.
🌊In terms of Elliott wave theory , Bitcoin seems to be completing a Zigzag Correction(ABC/5-3-5) so that wave B could end at 🟡 Price Reversal Zone(PRZ) 🟡.
🔔I expect Bitcoin to Attack the Downtrend line in the coming hours to complete Wave C .
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🌐➕ Positive News ➕🌐:
The user account "Satoshi" says that he/she will publish documents to prove her identity in 2024 (On Twitter).
Bitcoiner drops BitVM paper — Bringing Ethereum-like contracts to Bitcoin.
Weekly Crypto Inflows Surge by 370%, According to CoinShares.
Bitcoin’s exchange balance plummets to five-year low.
Arthur Hayes Says AI and Historic Money Printing Will Create ‘Most Epic’ Bull Market for Crypto.
Former BlackRock Manager Says Prepare For $17.7 Trillion Inflow Into Bitcoin If This Happens.
Bitcoin is a ‘super logical’ step on the tech tree — OpenAI CEO.
Bitcoin Is Better Than Digital Gold: Matrixport.
South Korea’s Crypto Market Cap Leaps to $21.1 Billion in H1
🌐➖ Negative News ➖🌐:
Binance users in Hong Kong lose $450K in wave of fraud texts: HK police.
Huobi & KuCoin Added to UK Warning List for Operating Without Registration.
Binance Losing Market Dominance at Rapid Pace.
Instagram’s Stance on Bitcoin: Why Accounts Get Suspended.
Bitcoin Could Plunge by Nearly 50%, According to Crypto Analyst Nicholas Merten – Here’s Why.
Stablecoin Market Hits 2-Year Lows In Terms Of Market Cap – What’s Going On?
Bitcoin Mining Giant Bitmain Halted Employee Salaries.
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Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Section becomes more importantHello?
Hello traders!
If you "Follow" us, you can always get new information quickly.
Please also click “Boost”.
Have a good day.
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It is important to know what investment period the person publishing the idea is talking about.
If you don't know the intentions of the person publishing the idea, I don't think there is anything to draw from the idea.
The reason is that it may not match your investment period and create a wrong trading strategy.
You should always think about this and refer to other people's ideas.
Check which chart it is based on.
If the idea is written below a 1D chart, it is a short-term idea, so it is best to think of it as an idea for day trading.
Therefore, if more than 3-4 days have passed since publishing, it is best to consider the idea as meaningless.
Since the investment period is short-term, movements are usually predicted for about 7-10 days.
Depending on the person, the short-term period may be viewed as longer, so you can think about it according to your own thoughts.
The charts I usually publish are 1D charts.
Therefore, you are writing your ideas from a short-term perspective.
---------------------------------------------
(BTCUSDT chart)
(1M charts)
The StochRSI indicator is falling below 50, showing that the strength of the decline is increasing.
Accordingly, you need to check at what point and in what section you receive support or resistance and think of a response plan.
The key is whether it can be supported in the section consisting of the trend-based Fib Extension and volume profile section depicted on the current chart.
In other words, it is important to receive support in the 27021.99-28465.36 range.
(1W chart)
What is important to look at in the 1W chart is whether it falls below the 21258.0-23174.39 range or rises above the 29241.72-30767.38 range.
Since the last week of volatility week has begun, it is important to check the volatility this week.
(1D chart)
The lines displayed on the chart, that is, lines corresponding to trend lines (MS-Signal, M-Signal, trend lines, etc.), can be thought of as psychological elements in nature.
The reason is because it is a line corresponding to the moving average line.
So, in some ways, it can be a meaningless line, or it can be a very important line.
Currently, the section consisting of the M-Signal indicator on the 1W chart and the M-Signal indicator on the 1M chart can be considered an important psychological section.
In addition, since the MS-Signal indicator is rising into the section comprised of the M-Signal indicator, its psychological impact can be seen as becoming stronger.
Therefore, whether support or resistance is received in this psychological zone is likely to have an impact on creating a trend.
The StochRSI indicator usually rises near the overbought zone when it rises from the oversold zone, and moves in the opposite direction, creating waves that repeat infinitely.
However, sometimes it bends and moves around 50.
This movement can be seen as a movement that makes the currently established trend stronger.
Therefore, in case 1, the upward trend was strengthened and could lead to a large upward trend.
Conversely, in case 2, the downward trend is likely to intensify and lead to a large downward trend.
Therefore, it confirms that whether support or resistance is received in the section consisting of the M-Signal indicator of the 1W chart and the M-Signal indicator of the 1M chart has become an important key.
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- 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.
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** 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.
---------------------------------
BTC/USDT Possible move at the weekendHi traders.Unfortunately, my previous order on Bitcoin was not activated with a difference of 0.2% . Currently, due to the closure of the global market and the decrease in the amount of liquidity in the market, I expect a short scalp movement with the aim of getting liquid from the exchanges.
If you like this chart,please like and follow
Bitcoin will ⚔️Attack⚔️ to Heavy Support Zone⏰(1-Hour)⏰✅Bitcoin seems to have succeeded in forming an Ascending Broadening Wedge Pattern .
🌊Regarding Elliott waves , corrective waves in the Ascending Broadening Wedge Pattern follow the Double Three Correction structure(WXY) .
🔔After breaking the lower line of the wedge pattern, I expect Bitcoin to fall at least to 🟡 Price Reversal Zone(PRZ) 🟡and break the 🟢 Heavy Support zone($27,600-$27,300) 🟢.
❗️ Note ❗️: Corrective waves can continue; we can Confirm the end of corrective waves in the 1-hour time frame after breaking the 🟢 Heavy Support zone($27,600-$27,300) 🟢.
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🌐➕ Positive News ➕🌐:
Satoshi Nakamoto (Bitcoin creator) woke up after 5 years! (in Twitter).
Ethereum Futures ETFs Debut on Low Volumes.
Blockchain finance to grow into $79.3B market by 2032
CBDC lays foundation for new global monetary system: French central bank.
Elon Musk Believes Fiat Money is a Scam.
Hong Kong Stock Exchange launches settlement platform powered by smart contracts
🌐➖ Negative News ➖🌐:
Peter Schiff: ‘We Are Still Early in the Biggest Bond Market Crash in U.S. History’.
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Bitcoin Analyze ( BTCUSDT ), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
🚧Bitcoin will Go Down Again🚧🔨Bitcoin started to rise from the 🟢 Heavy Support zone($25,280-$23,900) 🟢 and was able to break the Downtrend line yesterday.
✅Also, Bitcoin has managed to form an Ascending channel .
🏃♂️Bitcoin is currently moving in the 🔴 Resistance zone($28,460-$28,000) 🔴 near the SMA(100) and near the upper line of the ascending channel .
💡Also, we can see the Regular Divergence(RD-) between Price and Volume.
🌊In terms of Elliott Waves , Bitcoin managed to complete the main corrective wave A at the 🟢Heavy Support zone($25,280-$23,900)🟢 and is currently completing the main wave B.
📚Since the main wave A is five microwaves, we have to wait for the Zigzag correction(ABC/5-3-5) , and the higher the end of the main wave B is at higher prices, we expect the main wave C to be weaker.
📚☠️ Death Cross Signal ☠️: The death cross appears on a chart when an asset's short-term Moving Average(MA) , usually the 50-day, crosses below its long-term moving average, usually the 200-day.
🔔I expect the microwave C of the main wave B to finish at the 🔴 Resistance zone 🔴 or at the 🟡 Price Reversal Zone(PRZ) 🟡, and then Bitcoin will ⚔️ Attack ⚔️ the lower line of the ascending channel.
Bitcoin Analyze ( BTCUSDT ), Daily time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
This volatility period lasts until around October 20thHello?
Hello traders!
If you "Follow" us, you can always get new information quickly.
Please also click “Boost”.
Have a good day.
-------------------------------------
(BTCUSDT chart)
It's a back and forth volatility week as of October 1-8.
(1M charts)
The key is whether the price can be maintained by rising above 28465.36.
If the price stays above the MS-Signal indicator and the MS-Signal indicator switches to a bullish sign, the likelihood of an uptrend increases.
(1W chart)
The key is whether volatility occurs, falling below the 21258.0-23174.39 range or rising above 29241.72-30767.38.
These moves have significant implications for this week of volatility.
(1D chart)
The key issue during this volatility period is whether there is a movement outside the box range of 25131.48-28142.85.
If it fails to rise above 28142.85, it is important to be able to maintain the price above the M-Signal indicator section of the 1W chart and 1M chart.
Even if it rises above 28142.85, you must check whether it receives support or resistance around 28797.1.
This period of volatility is likely to last until October 21st.
If the price remains above the rising trend line (1) until October 21st, it is likely to lead to further rises.
Additionally, a new HA-High indicator on the 1D chart is expected to be created.
If you touch the HA-High indicator, it is important to have support.
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- 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.
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** 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.
---------------------------------
BTC/USDT SCALP TRADEHi Traders. I hope you have a good time. Fortunately, my previous analysis on Bitcoin with a great(R/R) hit the target very well. Currently, because Bitcoin has not touched the desired block order in the 15-minute time frame, my view is that You can get long from the specified order block (Unmitigated). This analysis also has a great risk to reward.
If you like this analysis, please like and follow.
BTCUSDT likely to head towards daily resistance at 28106-28306The price breached through 4h resistance 4HR1 after being pushed down initially on the test of this resistance from below. Now it has retested this resistance and this resistance is going to probably act as a support. And therefore, the price is going to go higher from there. This makes a conducive environment for a long trade on this pair. The target of this trade should be daily resistance DR1 which is sitting around 28106-28306.
Bitcoin will go UP to my 🎯Target🎯⏰(15Min)⏰🏃Bitcoin is running on 🟢 Heavy Support zone($27,600-$27,300) 🟢 and 🟡 Price Reversal Zone(PRZ) 🟡.
🔔I expect Bitcoin to rise toward the 🎯 Target 🎯 that I specified in my chart after breaking the 🔴 Resistance zone 🔴.
❗️ Note ❗️: if Bitcoin goes below the 🟢 Heavy Support zone($27,600-$27,300) 🟢 we have to expect that Bitcoin will go down more.
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🌐➕ Positive News ➕🌐:
In general, October has been a good month for cryptocurrencies.
Ethereum Futures ETFs Debut on Low Volumes.
Grayscale Moves to Convert Its Ethereum Trust to a Spot ETH ETF
🌐➖ Negative News ➖🌐:
Peter Schiff: ‘We Are Still Early in the Biggest Bond Market Crash in U.S. History’.
Stablecoin Economy Sheds $1.52 Billion in September, Revisiting a 2-Year Low.
This Crypto Exchange Reportedly Suffered a $13 Million Hack
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Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
📊#BTC into a correction, what's next❓🤺We want to go higher, then a healthy pullback is very necessary, just like a punch, one punch out the strongest force, but after the end of the attack, the offensive force will weaken, so we also need to recover to accumulate strength for the next attack.⚔️
Next, we may continue to extend the rally, hoping that the higher target area can be achieved.📈
➡️If we can break through the last short defense point, it will most likely start the next phase of the pump.🙏🚀🌕
Let's see👀
✔️Actively bullish also requires looking for the right entry opportunities, contact 👉 Wolf king , let us participate in the traps laid in advance🕳
Bitcoin will go UP by Bullish 🏁Flag🏁 Pattern⏰(15Min)Hi guys, I hope that you had a great weekend.🥳
✅Bitcoin seems to have managed to break the Important Resistance line ( at least temporarily ) and is currently completing a pullback to this line.
🏃Currently, Bitcoin is moving near the 🟢 Support zone($27,100-$27,040) 🟢and SMA(100) .
🏁In terms of classic technical analysis, it seems that Bitcoin has succeeded in forming a Bullish Flag Pattern .
🌊The structure of the waves inside the Flag is the Double Three Correction(WXY) type.
🔔I expect Bitcoin to rise toward the 🔴 Resistance zone($27,600-$27,300) 🔴 after breaking the upper line of the descending channel .
❗️ Note ❗️: if Bitcoin goes below the 🟢 Support zone($27,100-$27,060) 🟢 we have to expect that Bitcoin will go down more.
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🌐➕ Positive News ➕🌐:
In general, October has been a good month for cryptocurrencies.
🌐➖ Negative News ➖🌐:
New U.S. Bill Proposes Enhanced Oversight for Cryptocurrency Transactions
Gemini Crypto Exchange Exits Dutch Market.
Major Exchange Experienced $116 Million in Outflow in Ethereum, Bitcoin, and USDT.
Fornite Developer Cuts 16% of Workforce Amid Metaverse Revenue Shortfall.
SEC Files Lawsuit Against FTX Auditor.
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Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Bitcoin will Attack to Important Resistance line Again🚀⏰(15Min)🔄Bitcoin made some changes in its waves after yesterday's pump .
🌊In terms of Elliott waves , Bitcoin seems to be completing wave 4 with the Double Three Correction (WXY) .
🔔I expect Bitcoin to attack the Important Resistance line and 🔴 Resistance zone($27,600-$27,300) 🔴again in the coming hour.
Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Around October 1st is a period of volatilityHello?
Hello traders!
If you "Follow" us, you can always get new information quickly.
Please also click “Boost”.
Have a good day.
-------------------------------------
(UDST chart)
The candle size is still quite large.
Accordingly, we can see that the period of profit realization continues.
However, if USDT does not fall by the gap, I think the funds in the coin market will remain the same.
(USDC chart)
As the gap decreases, you can see that funds have been flowing out through USDC.
I don't think USDC's funds will have much of an impact on the coin market.
The reason is that the USDC market is not active.
Therefore, I believe that the longer USDC's outflow of funds continues, the more likely it will be to see independent movements that are separate from the movements of the stock market.
However, I don't think it's a good idea in terms of funds leaving the coin market.
Therefore, even if the coin market shows an upward trend, the amount of fluctuation is likely to be limited.
(BTC.D chart)
(USDT.D chart)
BTC dominance and USDT dominance are on the rise.
Therefore, caution is required when trading.
In order for the coin market to show an upward trend, BTC dominance and USDT dominance must show a simultaneous decline.
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(BTCUSDT chart)
(1M charts)
Since it has fallen below the MS-Signal indicator, it can be interpreted that there is a high possibility of it falling.
However, since a new month has begun, if the price rises above 28465.36 and holds, it is expected to continue its upward trend.
(1W chart)
We are in a week of volatility.
Accordingly, it is necessary to check whether there is a movement below 21258.0-23174.39 or above 29241.72-30767.38.
(1D chart)
Looking at the big picture, you can see that the section where the current price is located is a boundary section where large volatility began to occur.
Accordingly, the 26151.99-30495.92 section, which is comprised of the HA-Low indicator and the HA-High indicator, can be considered to be quite significant.
Around October 1st is a period of volatility.
Accordingly, the key is whether it can lead to a movement out of the 25131.48-28142.85 range in which the current box range is formed.
It is shown that the M-Signal indicator on the 1W chart and the M-Signal indicator on the 1M chart are not rising beyond the passing section.
Accordingly, there is a possibility that it may show a downward trend.
However, if the price is maintained above 26101.77-26189.99, there is a possibility that it will rise above the M-Signal indicator on the 1M chart and surge to around 28142.85.
As explained in the USDC chart mentioned earlier, it can be seen that the increase is limited.
In any case, the section where the current price is located is in the trend reversal section.
Accordingly, no matter how you interpret the chart, it is recommended that current trading be focused on day trading.
The trend reversal section corresponds to the 26151.99-20495.92 section consisting of the HA-Low indicator and the HA-High indicator.
Therefore, it is expected that it will be important whether support or resistance is received from the HA-Low indicator or HA-High indicator, which will be moved forward and created depending on the price movement.
From a mid- to long-term perspective, the time to buy is when BTC is below 29K, so it is still a buying time.
However, caution is required when purchasing from a mid- to long-term perspective during a trend reversal period, as there is a possibility of feeling great psychological anxiety.
Therefore, it is important to control the proportion when purchasing.
I won't say anything about the current trend since it was previously updated.
We would appreciate it if you could check the previous updates.
--------------------------------------------------
- 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.
---------------------------------