Long BTCUSDTI already warned retail traders so many times that it will make a double bottom and go up. Yet, some people act like they are very smart.
The whales are manipulating the price action to traps retails to short the bottom and reverse it up.
Investing and trading is a game of probability where the market moves up, down or sideways. Hence, the probability of a trader winning is around 33.33%.
In my previous idea, one guy thought he was smart when I talked about this accumulation and said RIP wychoff and here we are going up.
The crowd and retails are always wrong, people are too bearish at the bottom of a cycle and too bullish at the top of the cycle.
Sometimes, trading and investing is so simple with just copy and paste. But some people tried to be smart,
A lot of traders try to be right after I warned about the institution Wychoff's manipulation and some refused to listen and give into whales manipulation.
Some traders tried to aim for 16k price for BTCUSDT to buy the dip, but it never happened, the only way you can get rich is to buy at 20k and HODL.
Talked about it so many times and yet people still love to donate to the market trying to be smart.
The cryptocurrency , Bitcoin or BTCUSD is now trading at the golden support again with whales manipulating retails to short at support before doing a Wychoff's accumulation and reverse to the upside.
The manipulation was a huge success but I tried to warn the stubborn poor retails traders but yet they refused to listen. Only few listened, I hope they are in profits now.
Bitcoin prices had been ranging around at 20k as I said and now it had made a double bottom , soon it will continue to go up and everyone will get rich. A double bottom of a double bottom .
It had made an impulse correction and soon will go to 35k to fill the gap and beyond, to da moon.
On weekly, the chart had not broken the low and is making a higher high, soon it will go to the moon, buy now.
Amplify your gains by using leverage, long here and u can be filthy wealthy. Time to go all in and get rich.
Bitcoin or btcusd had made a double bottom technical structure. Bitcoin is doing the same Wychoff's accumulation and soon shall reverse the trend and bottoms here.
Do not be tempted by whales to short on bear traps!!
Warning, DO NOT short the market and get short squeezed. Buy the DIP.
I see a lot of retail traders lost money shorting bitcoin at 20k instead of buying it, this is your last buying opportunity before we move up to 35k to fill the CME gap.
The whales had been doing manipulation on bitcoin and ethereum .
It had already made a 5 waves up and will do a correction before pushing further up to 35k to fill the cme gap.
DO NOT MISS THIS last chance to buy the dip opportunity.
The whales are tempting you to short bitcoin so that they can push the prices up by doing this sideways movements.
Do not be deceived by the whales manipulation.
This manipulation by whales are food for them as retails traders getting liquidated easily.
The whales are accumulating. It is trapping breakout traders to short here, this will bottom here.
Long btc . Sick of this sideway obvious manipulation by whales.
On a higher time frame, it made a impulse and ABC correction, soon it will moon and everyone will get rich like WOW?!
This is not a signal and do not follow but a trade idea. Use your brain to trade and don't follow blindly!
Disclaimer - This analysis alone DOES NOT warrant a buy or sell trade immediately. Before you enter any trade in the financial market, it is very important that you have a proper trading plan and risk management approach
Cryprocurrency
Long with moderate R:RThe full story described…..
Stop loss critically if penetrate support zone (3times tested and shows huge volume and quick response to make price reflect)
Also tgis trade based on trend line brake out as well anti cypher pattern appear, so if 5mins candle close down the rend line close the trade manually.
All the best.
BTC ALMOST BOTTOMINGFinally the bear market is close to an end. Back in January I gave an estimation that BTC would bottom around 29-32 most likely and then updated with a possible 24k narrative. Obviously I have been gauged in the turmoil of emotion as everybody else. The most recent example was 2 weeks ago as I was expecting BTC to start climbing...I am human at the end of the day and may get caught in confirmation bias...this is why I and any experienced trader use Stop Losses order. I recognise that I may be wrong, that is why I protect my capital. Nevertheless Elliott Wave is being proven effective and BTC is following the path laid out in January. Funnily this is about to become the longest correction in the history of BTC in terms of duration. We are currently at the day 392 since April 21 peak.
Nevertheless what matter is that we are coming close to the bottom. Catching falling knife is never a great strategy so now it is a great moment to start DCA into BTC (not alts yet). Why because I would lie if I tell you I know BTC is gonna bottom tomorrow, but my macro analysis indicates that we are in the process of bottoming. This is confirmed by multiple Fibonacci target, Elliott wave targets and Support/Resistance levels. Volume is also starting to reach a climax and I doubt there is any seller left to speculate on the move. A mean reversion is now expected in my opinion with the 50WMA sitting at 47k.
What a good investor/trader/analyst would do? Wait for a confirmation to enter. What confirmation? Bullish structure forming on the 4h, 12h, and daily with Higher Highs and Higher Lows. Volume peaking up and key RS/SUPP reclaimed. If that s too hard...then DCA would be my choice.
Nevertheless 29k has been confirmed which was my original target, now we are in for the bottoming process.
Remember, market genius are made during bull markets but they disappear during bear markets, I wonder why.
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XRP is about to explodeXRP has not only momentum looking at the moving averages. This artificially priced crypto currency has been holted and even banned from trading on most apps in the US up to now. This once was the 3rd largest crypto in existence prior to being accused of being a security by the SEC. According to coin market cap this is currently the 6th highest rated crypto with a $37,675,159,798 market capitalization.
Meanwhile, Ripple CEO Brad Garlinghouse has expressed his optimism that the never-ending case against the U.S. SEC will end positively in favor of the company.
While speaking at the fireside chat at the Paris Blockchain Week on Thursday, Garlinghouse claimed that Ripple’s defense in the ongoing case was faring better than he had earlier expected.
While the explosion of XRP is likely to come the indicators are showing very small weakness looking at the chart. It must trade above the 50 day average at the $89.00 price point for us to really see the true gains point in a higher direction for ripple.
The signals are somewhat interesting as the chandelier exit is showing a sell signal, yet there is the perfect setup looking at the Moving average convergence indicator.
This is not financial advice as I cannot tell you what to buy or sell.
I will personally continue to catch the dips and load up. We are looking at 4-20 times the investment on this one. I predict as XRP is reintroduced to platforms such as Robinhood, WeBull, and many other crypto trading platforms, it is going to pop and some of us will wake up a little bit richer.
I took an hour away after creating this analysis and now XRP is trading above the 200 day moving average. A golden cross is now very likely. I am bullish on XRP.
Signed
@rogers1906
We are still on the uptrend in BitcoinI see important zones in chart maybe Bulls are weak but we are still on the uptrend if you zoom in chart you can see stronger Bullish Candlestick in trends support zones so let's be hopeful because we will see higher high in the other hand as the data shows whales tend not to sell their Bitcoins.
Good luck
ETHUSD Potential bullish bounce | 8th Apr 2022With price moving above our ichimoku cloud and expected to bounce off the stochastic indicator, we have a bullish bias that price will head to our take profit at 3533 in line with the swing high resistance from our entry of 3148 in line with the 38.2% Fibonacci retracement . Alternatively, price may head to our 50% Fibonacci retracement at 3014 where our stop loss is.
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BTC/USDTBTC UPDATE
I do day trading so I just take the advantage of market movement this analysis is good for a short term of a day not more
Before looking at this post you have t check my previous post about BTC
Now BTC in H1 it's in this pattern
I draw you a red line above 45.500, it's been a long time since bitcoin could not break this resistance
let us see what will happen next. keep eye on the lines I draw
This is not financial advice it's just my personal opinion
DO NOT FORGET TO USE STOP LOSS
CAN WE BREAK THE RESISTANCE? WRITE ME YOUR OPINION IN THE COMMENTS
Could XRP soon test 2022s highs Recent XRP has been seeing an amazing upward trend lately. Not too strong with no major sell offs. It is only 15% off from highs so far of 2022.
It has been since August that we seen any strong upside on the MACD look at it on the 1D.
With a lot of people really liking Ripple lately. I wouldn’t be surprised to see it test 2022s highs very soon.
Bitcoin Analyze (Symmetrical Triangle)❗️❓🧐It seems Bitcoin wants to make a Symmetrical Triangle . Also, it was able to find the points A-B-C of the triangle.
Bitcoin Analyze ( BTCUSDT ) Timeframe Daily ⏰ (Log Scale)
Point D of the Triangle can be around 35000$ , and if Bitcoin breaks the Important Support Line , my scenario will be changing. Still, I expect that Bitcoin will go up again from 35000$ , and then the Point E of Triangle will be a critical point for us.
🔴 Resistance Zones 🔴 & 🟢 Support Zones 🟢 that we have in front of Bitcoin.
🔴 Resistance zone on Bitcoin's way:
🔴 Resistance zone : 50830$ until 49400$ (Resistance + Cluster of Fibs+ SMA200 (TF Daily))
🔴 Heavy Resistance zone : 46020$ until 43100$ (Resistance + Cluster of Fibs + SMA100 (TF Daily))
🔴 Resistance zone : 40220$ until 39400$ (Resistance + Cluster of Fibs+ SMA50 (TF Daily))
🟢 Support zone on Bitcoin's way:
🟢 Support zone : Around 35000$ (Support+ Important Support Line,)
🟢 Heavy Support zone : 30650$ until 29200$ (Support + Cluster of Fibs)
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
MOF (Molecular Future) posied to break out one way or anotherMolecular Future has (apparently) arrested its steady decline for the last 8 weeks and is tracking sideways.
Price is now trapped between a rising trend line and the 200 EMA in a clear flag or pennant formation.
Which way it breaks is anyones guess but it looks as if we shall see price break out either up or down over the next few days.
I remain mildly BULLISH on MOF based on its performance before the asset was forked (diluted).
As a trading opportunity the picture is mixed but asa a hodling opportunity I think that at .00085 cents this is a very cheap asset and certainly one thats worth buying a few hundred dollars worth and forgetting about.
Crypto m-cap halves in less than 5 months to $1.5 trillion It took less than five months for the cryptocurrencies' market capitalisation to halve to the $1.5 trillion mark.
The crypto market cap stood at $1.58 trillion on Thursday after Russia ordered military action in Ukraine as against the $3 trillion mark scaled in November 2021.
In terms of value, the fall in the global crypto market-cap is higher than the GDP of countries like Australia, Spain, Saudi Arabia, South Korea, Mexico, Turkey, Netherlands and Indonesia.
BTCUSD - Is Bitcoin a haven from inflation?Before the technical analysis, it is worth noting that the US inflation data was released today, which was worse than expected, which caused an immediate fall of BTC, as well as many other assets, so it is worth considering that we can expect more volatility in the near future.
Funding is neutral and the fear/greed index is also back to neutral values.
Analysis description
Timeframe 1H
After breaking through the uptrend channel, price collected liquidity in the yellow zone in the $41,000 to $42,200 price range. It then tested the $45,000 resistance level and corrected to the 0.618 Fibonacci level where it formed an uptrend and an uptrend triangle pattern. The price is currently trading in the red resistance zone.
Rally and enter the resistance zone on higher volumes.
The 50 and 100 MAs have been tested as support.
Timeframe 4H
Long lower shadows, rising price and rising volumes show the current strength of the buyers.
Stochastic RSI is out of the oversold zone.
Forecast
I consider LONG after a correction from current levels to $44.300. I expect a decrease in volatility, further trading along with liquidity gathering inside the ascending triangle from the trend line to the lower boundary of the red zone. I see the first target as $46,000 level, where there is a big wall to sell. The second and third targets could be $47,000 and $50,000.