📉🐻Bears are waiting for an entry🐻📈BINANCE:BTCUSDT
COINBASE:BTCUSD
Hi traders, first look at my previous analysis and positions on ETHUSDT & BTCUSDT and AUDUSD & USDCAD.
This current price growth in Bitcoin could be the pullback to the pattern-breaking range.
A sell position in the red area can have a high chance of winning.
Just don't forget to risk-free your positions when they reached the risk-free level.
TP1 in green ==> for long position.(My previous analysis)
TP1-2-3 in red ==> for short position.
The optimum stop-loss for each position is on the chart.
Please share ideas and leave a comment,
let me know what you think.
CrazyS✌
Btcusdtshort
BTCUSDT 15 Min Chart Demand & Supply Zones#Bitcoin #BTC 15 Min chart Demand and Supply Levels.
Bullish Supply Range ( Go Long) - USD 18,670- to USD 1,724/-
(Blue Circle in Image)
Bearish Supply Range ( Go Short) - USD 18,991/-- to USD 18,918/-
(Red Circle in Image)
#bitcoin #btc #cryptocurrency #crypto
Current Status - Movement Towards Bear Run.
#BTC is forming this bullish falling wedge pattern!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome to this chart, Do not consider financial advice.
#BTC UPDATE
If we look at the 6-hour timeframe BTC is making this falling wedge pattern if it breakout this pattern with confirmation then according to the pattern it can pump up to 17
%.
RSI is making this bullish divergence move
In case this pattern will invalid then it can drop up to the 18k as I mentioned in the last update.
This chart is likely to help you make better trade decisions if it does consider upvoting it.
I would also love to know your charts and views in the comment section.
Thank you
BTC ZOOM OUT of the previous scenariowe will witness a slight decrease in the price, then the trend will refresh its power to go up... the scenario will be valid only if the a b c pattern is completed that means when we hit the C point wait for the big green candle and put your order just after seeing any uptrend patterns at the small frame < 30min frame
BTC: DO OR DIE SITUATION!!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome to this chart, Do not consider financial advice.
#BTC(Update)
BTC is forming this expanding triangle pattern in the daily time frame.
currently, at the lower support of this pattern, we can expect a bounce from here according to the pattern but In case a daily candle closes below this lower support of this pattern will invalidate this pattern.
This chart is likely to help you make better trade decisions if it does consider upvoting it.
I would also love to know your charts and views in the comment section.
Thank you
This chart is likely to help you make better trade decisions if it does consider upvoting it.
I would also love to know your charts and views in the comment section.
Thank you
📈✌BTC 4H Long & Short Positions✌📉BINANCE:BTCUSDT
COINBASE:BTCUSD
Hi traders, first look at my previous analysis and positions on ETHUSDT & BTCUSDT.
Right now, the price is stuck between two important levels and it may rise and then fall again.
first, it can reach to 20157 level and then start falling again to lower levels.
Just don't forget to risk-free your position when it reached the first take-profit
TP1-2 are in green ==> for long position.
TP1-2-3 are in red ==> for short position.
The optimum stop-loss for each position is on the chart.
Please share ideas and leave a comment,
let me know what you think.
CrazyS✌
BTC UPDATE 2#BTC UPDATE 2 :
In 1D TF already aware about CPR Indicator, The Price of bitcoin is still below CPR lines and these CPR lines are very very important lines of resistance so we have given update if the price of Bitcoin wants to show an actual movement upside first we have to overcome the upcycle between 20800 to 22000 range only after flipping that radiations into support only about that impulse movement towards monthly R1 line which is around 23600 area but as long as we are going to remain below CPR Lines could trigger downward direction because already updated in BTC UPDATE 1 worst case scenario, If we look price action of CPR line S1 around 17900, S2 around 15900, S3 around 12300 area so that is worst case scenario could be on the line but for that we still have a lot of time.
BTC to 10-12k Elliott waveI have been following this count since about 37k and its been playing pretty good so far. So if the High was the top, here are some most likely Elliott Wave targets combined with some market structure and vpvr confluence. The more waves that continue to be put in, the more precise the Elliott Wave projections. Please Boost and follow if this is helpful, Cheers!
📉✌BTC 15Min Quick Short Position✌📈BINANCE:BTCUSDT
COINBASE:BTCUSD
💥Three Drive pattern💥
between now and the yellow area, You can open a short position in two or three steps.
If the price falls and reaches the risk-free level, you can risk-free the position.
TP1-2 are on the chart.
The optimum stop-loss is above the determined line.
Please share ideas and leave a comment,
let me know what's your idea.
CrazyS
BITCOIN - Temporary reliefAfter yesterday's dip, the market enjoys a time of relief. However, we think the relief is temporary as there is no significant change in technical or fundamental factors. Therefore, with an unchanged bias on Bitcoin, we stick to the bearish outlook for the cryptocurrency with price targets at 17 500 USD and 15 000 USD.
Illustration 1.01
Yesterday, we stated the crossover between 20-day SMA and 50-day SMA was imminent. Later, the crossover occurred, serving as a bearish confirmation; now, ideally, we would like to see no whipsaws between two moving averages.
Technical analysis - daily time frame
RSI, MACD, Stochastic, DM+, and DM- are all bearish. Overall, the daily time frame is bearish.
Illustration 1.02
One development we pay attention to at the moment is the potential creation of a new downward-sloping channel on the daily chart. The upper bound is created by a trendline connecting peaks between the 15th and 26th of August 2022; the lower bound is parallel to the upper trendline starting from a low on the 19th of August 2022. If a breakout above the upper bound occurs, it will likely lead to the distortion of the pattern.
Technical analysis - weekly time frame
RSI, MACD, Stochastic, DM+, and DM- are all bearish. Overall, the weekly time frame is bearish.
Illustration 1.03
The hourly charts shows drying up liquidity.
Please feel free to express your ideas and thoughts in the comment section.
DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.