Dump
BTC broke down rising wedge on 1D BTC classic breakdown out of the rising wedge. 9.45% dumped. Target 21.7k crucial support hits in the immediate short term. 20.7k next support likely to be broken.
BTC USDT short update After breaking our first 2 blue lines . The graph is moving towards our 3rd blue line if it breaks the white line is target
Perfection for the FILFIL came out of the perfect accumulation area and made a very nice bonus. The range of 5.1-6.25 is an accumulation zone for the elephant that lasts for weeks, and support is very strong in this region as resistance. It can now create a new accumulation area for itself. The range of 6.25-8.5 may be the new accumulation range. However, 5.1 level, which is the strongest support in the 4-hour close below 6.25, will attract like a magnet. 6.25 is the most important level to follow whether it is broken or not.
Bear for Bitcoin, Short!As of the rising wedge, there has been a breakout as expected, So going short rn will be osm!...
⚠️NOT A FINANCIAL ADVICE
SOL SHORT! 🔻Gravestone doji after uptrend.Short for 10% Shorting rn is better than opening long for now. Proly a dump and pump
#BTC LONG until Capitulation... MAX Pain event 🤮 Sept ENDGAME..Get everyone long then liquidate EVERYONE in Sept with a massive V shaped recovery & then off to Moon, Mars infinity & Beyond...
Old Fiat System is Toast...
HODLers of last resort will do far better than most trying to trade this event.
Good Luck & let's F Go...
Drop before MergeThe merge could to be good but for rekt long, it could to get on the down.
And finally pumpit up !
Bitcoin is losing its bullish momentum.As you can see from the chart, the 3 recent tops Bitcoin had done were becoming weaker and weaker, meaning the uptrend is losing its power and is ready for a dump. To support the prediction, we can also see the volume is decreasing, hence the momentum loss. With the incoming recession, this means Bitcoin has still room for dumps.
Bitcoin Status at the MomentBitcoin is in Slow uptrend line you can see on Chart
Also at this time btc have going dump it maybe go to 21400
but the Support line is here if breakout the support line we can see the dump but dump is not large
after touch 21400 btc will back for a little pump may be to 25k
Weekly Triangle is here
You can see the triangle line if BTC break it my Targets will 25k, 28k, 35k, 50k, 75k and +75k
#LongLiveBalochistan My Dream is #FreeBalochistan
Possible Bearish Continuation For Stocks
Following on from my previous stock ideas, I'm expecting a further downswing after the consolidation bounce on most stocks for a Wave 'C' once the bearish continuation symmetrical triangle breaks down
Waiting for directional break currently
DJ:W1DOW
SP:SPX TVC:SPX OANDA:SPX500USD
OANDA:NAS100USD
NASDAQ:NQGM NASDAQ:NQGI
⚡️ #BTCLIVE - 29.07 ⚡️⚡️ #BTCLIVE - 29.07
60:40
Bearish:Bullish
I promise I am not a bear!!! The price smashed through the last point I was expecting a retracement. Amazingly it looks like BTC is finally doing what it was born to do and be a store of value and a safe haven during torrid times like these!!!
We are coming up no to the key resistance of the longer term range and it is definitely the business end of the deal. I feel going into the weekend with alot of bearish TA on the cards will likely result in a retracement of pretty epic proportions.
I am usually pretty bearish on weekends simply due to lower volume and generally more retail heavy traders being active. A lot of folks might be getting a little nervous too now they have made some nice and unexpected gains this week so might be happy to take the profit and chill for a bit.
We are looking at a big bearish divergence on the 1 hour which is overbought too along with an exhaustion signal. The POC line is sitting very low along with the Future Pivot which carries more weight as the week nears the close. Orderbooks are looking a little bearish too.
I am thinking that we will be seeing $22.9k in the pretty short-term with a more max pain target of $21k and possibly lower.
There is a bullish scenario, there is ALWAYS a bullish scenario - but if we break $24.8k or more reliably $25k then it is likely we will see the tracking up to the CME gap at $27k+
Volatility is not over I feel so stay safe!
BITCOIN STRONGLY RE-AFFIRMS DOWNTREND. DESPITE Low Time-frame oscillations bitcoin is globally affirming (again) its Daily DOWN-TREND.
This week Rates will be HIKED by the FED again .... Act Accordingly
Brace YOURSELF !!! Now 140,000 bitcoins are starting to be DUMPED on the Market from Lquidation of Mt. Goz confiscated wallets.
The owners of these HUNDRED-FORTY-THOUSAND BITCOINS have waited for the moment to sell for 6 Long years - they ARE GOING TO DUMP on the exchanges 140,000 bitcoins .
Did I mention that in a few days One Hundred Thousand Bitcoins and Forty Thousand Bitcoins are DUMPED on the Market ?
Act Accordingly.
Major Bull trap in the works. Another 60% down coming1D major bullish divergence, if we would bottom here means we would have ATH before halving. This does not make sense
BItcoin is holding the longterm supportWill the long term support level stay for this day? In my opinion we will see by the end of the day 26000 $, but it could also be a slow breakout.
Macd and rsi is showing a bearish pattern, eventually it can not hold the support.
On the fundamental side we have an increasing Euro value, and people go back to banks for more money and even elon mask was selling his buttcorn.
Unexpected +100% - maybe more pump, or a dump back to realityI rly did not expect the XCH USD price to rise quickly that much. Maybe it happend because of the low volume and because the two quick dumps before and therefore the sell pressure was low. The general downtrend is still intact. I am curious if and when we will see a retest of the resistance arround 30 USD and if it can hold. I am also very curious how high the price can rise. I still expect a decreasing price below 20 USD in mid term because of the high supply before the first halving will happen in ~ Q1 2024. But we will see. At the moment farming is still not covering the costs for many people, even with the still decreasing netspace. This could result in more farmers to hodl and waiting for higher prices to sell at and therefore lower the real supply at the market. And AFAIK there are no major announcements in the pipeline for rly big unique features or new industrial, financial or state partners. I also don't expect the company to go public within the current global market situation.
As always: No financial advice, just my thoughts.
BTC Roller Coaster: Fasten a SeatbeltWith the capitulation in may still lingering in the minds of retail and institutional traders alike, we get exposure to market events that speak to the uncertainty that lies in even the most advanced TA. With capitulation, a record number of liquidations roll through the equity value of BTC along with most ALTs. This part of the market cycle is not a hit and run situation either; this is a phase bound to last probably till mid-to late October as we approach the crypto "jackpot" month of November. Ranging markets are inbound but for now, this bearish flag is indicating a push further down into the low 20k's. Stay frosty my friends.
Fractals indicating BTC is about to go deeperI like trying out different indicators, searching at random to see what clicks. This " Honey Cypher " indicator is a recent favorite. I've circled the fractals on a 19H chart. Two consecutive dips on the Honey Cypher chart, where it does not break above the 0 mark, precede a rather large dip on the price chart. The magnitude of the price chart dips also seem to correspond to how far apart the Honey Cypher dips are, along with how symmetrical the dips are. The current pattern emerging show the most symmetrical and spaced apart Honey Cypher dips yet.
Check out the "Related Idea" for specifics on the Honey Cypher .
Buckle up.
BAL short ideaBAL is at the resistance and providing a very juicy shorting opportunity. Best of luck traders
BTC shortAs i have already explained the whole scenario on the BTC. Local upside moment and fakeout, while overall bias remains bearish. Here is good probability setup for shorting of the BTC on local time frame.
BTC is moving in an ascending channel. Once the channel is broken or rejection takes place on local resistance, a good shorting opportunity can be availed.
BTC at the moment can either follow scenario.1 or scenario.2 depending upon the moment. Good luck with the trades
With your support, i will keep posting real trades and ideas that are near to reality nor merely based on speculations.
History repeats itself Look I know this is far from any crazy technical reading or analysis. But my gut has been right more times than not. I’ve spotted patterns that end up repeating time and time again. This is one I think could happen in the next 16 to 24 hours. I very well could be completely wrong this is just an opinion. But the 4 hour chart is nearly identical and the timing is dead on perfect. Thoughts?
BTC going down soonBitcoin is currently at a critical point. Technically and fundamentally BTC is bearish and we may soon see the levels of 15K, 12K or 10K. In extreme scenarios it can go even towards 7.5K levels. There is no long opportunity yet. We may see some fakeouts but priority remains bearish for the moment. upper mentioned levels are critical and closely be monitored.
Bearish flag pattern and bearish scenario at macro level is what makes BTC to fall down. stay tuned for followup analysis. Thank you
