BTCUSDT : THE PERFECT LUNGThey say "Buy the dips", right..
But which ones? How do you know if it's reached bottom? Etc, etc.
These are all legitimate questions and there aren't very many answers out there.
That's where I come in..
This is confirmation of what you may have been thinking.
So, yes, you can go ahead and enter that perfect long position on Bitcoin with confidence at the current price ~$26150.
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DM me for custom requests and target insights.
Bullrun
Wyckoff Reaccumulation: Bitcoin's Market Phases 📊🚀🔄 Unveiling the Stages: Reaccumulation encompasses distinct phases – from a markdown phase marked by price corrections, to a trading range phase characterized by consolidation. Each phase reveals the intricate maneuvers of institutional players.
🚀 The Climactic Transition: The culmination of this pattern lies in the breakout phase – a moment where Bitcoin's price experiences a surge. This juncture signifies the conclusion of the reaccumulation process, often ushering in a substantial upward trend.
📈 Insights for Strategic Navigation: Profoundly understanding Wyckoff Reaccumulation offers strategic advantages. It enables the anticipation of potential trends and the identification of opportune entry and exit points.
💡 For Discerning Traders: Wyckoff Reaccumulation transcends conventional pattern analysis; it is a comprehensive methodology that grants traders an enhanced comprehension of market cycles. It's akin to deciphering the intricate narrative of Bitcoin's evolution.
In summary, the essence of Wyckoff Reaccumulation within the context of Bitcoin's trajectory is this: beneath the seemingly complex realm of price fluctuations lie decipherable patterns that serve as navigational beacons for informed trading decisions. Proficiency in this methodology empowers you to navigate the crypto landscape with heightened foresight.
Ethereum Next Breakout: More Bear?!Hello dear community. Welcome in @Vestinda Ethereum long-term price analysis.
Drawing parallels between 2019 and 2023 in the crypto world is gaining traction for good reason – the charts bear striking resemblance, and market sentiment feels familiar.
Undoubtedly, the markets are entrenched in a broad and substantial accumulation phase. It's broad due to the substantial market volume, and it's substantial because traders and investors are poised to acquire assets at any level, banking on substantial gains in the forthcoming Bull Run.
As of today, Ethereum's price consolidation mirrors a Rising Wedge pattern, evident when scrutinized on the Weekly timeframe using the Log price scale. Much like 2019, we foresee the Wedge breaking to the downside, finding its nadir within a robust support range around the $1000-900 mark.
Further reinforcing the parallels between the two eras, the Relative Strength Index (RSI) underscores comparable price actions in 2019 and 2023. The RSI is trending beneath the downtrend line, suggesting the potential for yet another breakout after a bottoming out.
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BTC ---> 2 ScenariosI'm going to relate this post to my previous one. This idea gives actual technical price levels to watch out for. To sum up , the blue channel's current breakout implies a slow retest. It aligns with the inflation rate reading announcement on the 13th of September. Therefore:
I'm bullish until the date of the reading
I expect high altcoin volatility (price increases are more likely) due to the temporary stagnation of major cryptos
Red scenario seems more likely at the moment
Do comment your opinion!
Using Fear to Invest Long-Term 📊🐻 🔍 The Wall Street Cheat Sheet: Imagine having a cheat code for the stock market. Well, the Wall Street Cheat Sheet is like that – a graphical representation of market cycles that occur over time. It's a visual guide to help you navigate market sentiment.
📉 Market Fear: When markets are gripped by fear and uncertainty, it often leads to panic selling. This can push prices down to levels that might not accurately reflect the true value of an asset. This is where the smart investor sees opportunity.
🐻 The Best Buys: According to the Wall Street Cheat Sheet, the best time to make long-term purchases is during the "Desperation" and "Capitulation" phases – when fear is at its peak. These are the moments when bargains can be found, setting the stage for potential gains as sentiment stabilizes.
💡 The Contrarian Approach: The strategy behind the Wall Street Cheat Sheet is to adopt a contrarian mindset. While the crowd panics and sells, you're calmly assessing undervalued assets that have solid long-term potential.
🚀 The Long-Term Play: Why does this strategy work? Historically, markets have shown resilience and a tendency to recover after periods of fear. By buying during times of maximum pessimism, you position yourself to ride the waves of recovery.
So, what's the takeaway from the Wall Street Cheat Sheet strategy? 📊 It's about recognizing that market fear can create opportunities for patient and strategic investors. Long-term buys during moments of extreme pessimism can set the stage for potential future gains.
Stay curious, stay patient, and remember – while market fear might create ripples, it also lays the foundation for potential long-term rewards. 🚀📈
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Bitcoin's Quiet Before the Storm 🌊Ever noticed when the Bitcoin chart goes eerily quiet? It's like a still lake before a storm. But here's the scoop: this tranquility might not be innocent. In fact, it could be orchestrated by bigger players in the game.
Enter the whales – major market influencers. When they create low volatility by steadying prices, it can make others think nothing big is coming. People start selling, thinking the party's over. And that's when the whales strike.
By triggering a sudden price surge, they catch sellers off-guard and reap rewards. It's like pretending a movie's dull to empty the theater before revealing the epic climax.
Remember, appearances can deceive. Low volatility might mask a grand plan . Stay cautious, stay informed. Don't exit too soon and miss the show. In crypto's realm, the still waters can hide a tempest.
Stay sharp
Low Volatility Clue to Upcoming Growth 📉🚀🔍 The Quiet Before the Surge: Imagine the market as a serene pond, not a ripple in sight. That's low volatility, my friend! But here's the juicy part: it's like the market is catching its breath before leaping into action.
🚀 Springboard to Momentum: Low volatility? Think of it as the trampoline for a potential price leap. The calm is like the calm before a concert – the band's tuning up, and the audience is in for a treat. In the crypto world, that treat might just be a price rally.
💡The Precursor to Uptrend: When the market's rocking low volatility, it's like a hush before the storm – a storm of bullish action, that is. Keep your eyes peeled because this serene moment often precedes an upward price movement.
🚴♂️Traders' Playground: Traders love these tranquil spells. They're like pit stops during a race, a chance to strategize and gear up for what's next. A little breather, a lot of potential.
So, what's the low-volatility takeaway? 🌌 It's not just a downtime; it's a heads-up for traders and investors. The calm might just be the quiet you need to brace yourself for a burst of excitement.
Stay curious, watch the charts, and get ready for the market's next groove! 📊🎉
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40K is the level to claim for Bullrun confirmation - learn whyHi all, just take a look at previous bullruns and draw a line 40% from the bull run top. That is more or less the level that needs to be claimed before speaking of a bull run.
But, what you also see is a retracement at first touch of approx 30-60% in previous runs. This leads me to think that we can now easily see a run up to 40K and then seeing a retracement back to these levels of 29/30K before going claiming the 40K level and upwards into bullrun territorium.
So don't be fooled that going to 40K with an ETF approval is confirmation of a bull run.. it won't be! It will be perfect fuel to kill longs, and the big boys to go shopping at 30K before a real bull-run is starting.
Bitcoin and the Engineering of a Mass 2-Way LiquidationBitcoin is set up to perform a two way liquidation any moment now - as it corresponds to DXY.
The chart is loaded with stop orders shown respectively as buy orders in green and sell orders in red.
This is how the chart engineers such moves to perform at such speed without reliance on retail traders at all - the orders are embedded in the chart itself.
Think of lighting the fuse of a chain of explosives that accumulate more and more momentum in a big chain reaction.
Look at my levels shown here for liquidation top and bottom - Bottom is the entry of a bull market to 60,000 or more.
God speed and be safe.
Riding the Waves of Optimism: Hedera HashgraphRiding the Waves of Optimism: Unveiling the Bullish Trajectory of HBAR
In the world of cryptocurrency, Hedera Hashgraph (HBAR) has been making substantial strides that echo a promising future. The buzz surrounding HBAR's potential ascent to $0.13 in 2023, as suggested by market experts, has invigorated the crypto community with enthusiasm. While predictions are speculative, they stem from a series of favorable indicators and developments that are propelling HBAR towards a bullish trajectory.
1. Strategic Integrations with Web 2.0 Enterprises: Hedera Hashgraph's progressive collaborations with prominent Web 2.0 enterprises have been a pivotal driving force behind its upward momentum. The platform's ability to seamlessly integrate blockchain technology into existing business models has garnered significant attention. As more enterprises recognize the benefits of harnessing the capabilities of Hedera's ecosystem, its adoption is poised to skyrocket.
2. Resilience Against Market Volatility: HBAR's performance during market fluctuations has demonstrated its resilience and stability. While short-term market shifts may lead to temporary price corrections, HBAR's consistent rebound after such episodes suggests a strong underlying demand. This phenomenon can be attributed to its growing utility and use cases, which extend beyond mere speculation.
3. Nurturing Long-Term Growth: Despite short-term bearish sentiment, the overarching sentiment surrounding HBAR remains optimistic. This is underscored by the anticipation of HBAR reaching $0.078 by 2024, as market observers believe that the platform's ongoing partnerships and technological advancements will catalyze sustained growth.
4. Building on Past Achievements: HBAR's historical price performance, including its previous all-time high of $0.56 in September 2021, showcases the token's potential to surge to new heights. This historical context provides a valuable perspective on HBAR's capacity to regain and surpass its previous peaks.
It's essential to recognize that the cryptocurrency market is inherently volatile, and predictions are speculative by nature. While the factors mentioned above indicate a bullish sentiment surrounding HBAR, investors should conduct thorough research and exercise caution before making investment decisions.
Disclaimer:
The information provided above is for informational purposes only and does not constitute financial advice or a recommendation to invest. Cryptocurrency investments involve substantial risk, including the risk of loss of capital. The price of HBAR and other cryptocurrencies can be highly volatile and may fluctuate significantly. Readers are advised to conduct their research and consult with financial professionals before making any investment decisions. The author and publisher of this article shall not be held responsible for any investment decisions or actions based on the information provided herein.
Wow BTC really dump, pump, dumpthat is a rising wedge on a daily TF
we see instance of price surging thereby creating a liquidity void which of course will be filled at some point; only a matter of when.
Also there is a Balance Price range ay 21400 - 22k, so note that price might revisit there.
I see BTC filling up the currently liquidity created and then launching all the way to 38k before we have the dump during halving then we can have a real bullrun to wherever the next target will be after 65k.
I will update you as it goes; But take note of this.
Bitcoin could go as low as 10800$.Based on fibonacci sequence and trendlines it shows that btc could reach at 10800$ region in 2024 just before the halving and in August 2024 where the cross is located it indicates that from that moment btc could get its volume back and start rallying to the upside.
👁TOTAL:Crypto Market Prospect-a Vision of C Market to consider✏️Hi every one! As you know Market is in a questionable Place, Some say Bull Run going to start soon, and some say That was it! and BTC gonna Fall below 10k, I belive The Run kinda Started already! But all opinions aside I had This sight for a while and I'd liked to share with you.
✯So I am Bullish at all, BUT until That moment, I belive market should've go Some Swing Down❗️
How Much? Better Decide together AFTER checking Options in This Sight.
I tryed to empty The chart for The clear view, But some should remain for giving direction,
So please zoom in for more details.
🟣As You can see in The chart,price is playing at a opposite Triangle,Which is at End/Top corner of Another opposite Triangle,
which is much bigger and drew in white.
🟡we also have multi divergence in The chart, most important of them is on Daily {visible at OS/Volume osc/RSI}
I Marked Them with yellow colored brush, one more lesser important divergence is in 4H,visible in green brush if you zoom.
📌 📌 📌 As I Mentioned vision is what is more important,But I also marked The bear Time Targets on The chart With pink H.ray ,
Here we go;
1️⃣ 1.17T when Price test downside of The channel and rise, which is dreamy For Bulls!!
2️⃣1.033T when Price test The mid of Second/smaller Triangle and Break out/rise.
3️⃣845.588B when Price go Down and complete another Side of T , Then Break Out.
4️⃣462.473B when Price swing down smaller Triangle,Break it down and fall to form a whole New Side of That Main Triangle.
[Not LIkely/BEARS choice
📊I repeat,I Just want to give you a prospective and share a Sight,
and I appreciate your comment, good when you say you are interested out loud,
commenting your own sight will also be Nice
Thank you
Bitcoin -> No Bullrun Now?Hello Traders and Investors ,
my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of Bitcoin 💪
A couple of months ago Bitcoin perfectly retested and already rejected the previous cycle high from 2018 and also the 0.786 fibonacci level so the recent rally was quite expected.
Furthermore you can also see that weekly market structure is bullish with Bitcoin creating higher highs and higher lows - however we could see a short term rejection away from the current resistance zone but eventually I do expect a bullish break as well.
You can also see that Bitcoin now broke below the previous daily support and is therefore now in a bearish market so I am simply waiting for a break back above the structure and then I do expect the overall bullrun to continue.
Keep in mind: Don't get caught up in short term moves and always look at the long term picture; building wealth is a marathon and not a quick sprint 📈
Thank you for watching and I will see you tomorrow!
My previous analysis of this asset:
OGNUSDT STILL PROMISING AND JUST ABOUT READYLike you, when you were growing up, OGN shows huge potential.
Unlike you, I expect OGN to really perform from its current level and quickly become one of those coins that make people regret not entering when they read this.
Meh. Use it, don't use it.
If you do, and would like TP's, DM me and we can talk. Trading is easier when you're confident. That's what I'm offering.
See my previous OGN post what happened minutes after it was published.
The next run will me much, much greater.
$BTC -Range Bound *12hr- CRYPTOCAP:BTC continues trading within a Tight Range of 2K,
dancing tango with range's bottom and ceiling,
until it doesn't.
40.000$+ per #Bitcoin is not as far fetched from here,
all Bitcoin gots to do is break current range to the upside before resuming higher.
Besides that, the awaiting Feds Rate Hike decision will impact direction of CRYPTOCAP:BTC
and other Financial Market sectors.
Breaking down from the range, upcoming supports are EMA200 catching up to 12Hr(tf),
Demand Zone during impulsive price action in 1Hr(tf) + a small support trendline.
If all these zones fail to provide support assuming a range breakdown headed South,
watch for S/R zone 24K-25K to catch a decent bounce,
welcoming great probability outcome Longing on Derivatives .
Remain Patient !
Until the next confirmation
TRADE SAFE
*** Note that this is not Financial Advice .
Please do your own research and consult your own Financial Advisor
before partaking on any trading activity based solely on this Idea