TWO SENARIOS - UNDERSTAND THESE SCENARIOSSome $ Dollars $ Are Hiding Here
1) We have a Cup pattern which is a bullish signal.
2) But i have a really bad news : ( If Russia and Ukraine ' s Conflict remains continue we all gonna see a crash in Crypto market, Due to the conflict if market get bearish you will see a rejection at 42800$.
Dump
Another Distribution On ETH?! Hello everyone!
As you can see in the chart after a small bounce, which is the AR we have lower lows and lower highs, which indicate a sign of weakness.
HOW DO I PLAY THIS TRADE?!
So, first i want to say that i speak in probabilities, so its possible that i will lose this trade, thats why i have a stop loss arround 3130. After we confirmed this sign of weakness i expect to be a UT next, i personally think that will be in the area where we was consolidating 2 days, after this i expect to go down and up again for UTAD or LPSY, could be higher than UT or lower. If this goes well, we will have a dump to fill the daily imbalance to 2718.
If you have another opinion, let me know in the comments, i suggest you to dont do like i say if u have another opinion of course.
Stay safu guys! I wish you good luck!
Did DOT Confirmed H&S?! Hello everyone!
As you can see in the chart we have a confirmed H&S and a wyckoff distribution, this distribution we can see at a lot of cryptocurrencies, like BTC, ETH, BNB, SOL... .
About indicators, we have a bearish divergence on daily which will indicate a possible dump.
Where the price will go?!
As you can see in the chart, we have a daily imbalance from 20.25 to 19, we can go under this price too, but i think we will have a little bounce from there.
This is my opinion and what i use for trading, i have considered trading basic analysis and smartmoney too.
Stay safu!
Good luck guys!
Will BITCOIN Will Go Down Again?! Hello everyone!
As we already know, this pump left a lot of imbalance, imbalance that must be filled, today i have been noticed that we are in a distribution, like you see in the chart, we formed a SOW, after the next SOW we can expect a markdown that will fill the imbalance left behind(which is at 40972-37430 big imbalance), after that i expect a pump at the zone where we consolidated 2 days, like in 4 december where imbalance from the beginning of the octomber was filled.
Of course can be 2 scenarious, the another one is to go 48180-50400 where we also left an imbalance, but i think that will not happen, because we are seeing a SIGN OF WEAKNESS. I think that we need to be patience and wait for the market to show us more signs about next move.
Also, indicators looks that we are in an overbought zone and we don't have a lot of strong to continue pumping.
Let me know if u have another opinion about BTC, or if you want to add something else too!
Good luck traders!
🌳very important terminologies in Trading🌳Hello every one
🟡(1) Price action
The Movement of an asset or Security's price over Time , Plotted on The chart
🟡(2) All-Time High (ATH)
The Highest asset has Ever been in Price
🟢(3) Support
a Point in the market where the Price is less likely to drop below due to previous demand or price action
🟡(3) Resistance
a Point in the market where the Price is less likely to break above due to previous demand or price action
🔵(4) Trend line
a line indicating the General Price Direction of a chart
🟡(5) break out
when the Price of the asset break through a pre-determined Trendline
⚪(6) Formation
when a Financial Chart moves in such a way as to create a Recognizable pattern.patterns to signal trading opportunities either to enter or exit positions.
🟢(7) pump or bullish
The price of an asset is going up
🟡(7) Dump or bearish
The price of an asset is going Down
🔵(8) Long Position
a Regular Buy in The Market. a Trade that is Predicting the asset will go up in value
🟡(8) short Position
The opposite of a long Position. Entering a Trade position betting the asset to go down in value.
GBPJPY close to resistance ❌🧨Based on the chart, we have resistance for the price ✔️
and
we expect correction for the price at least to our red trend line ❌🧨
if
the price breaks the red trend line to the downside, we can see more correction to the downside ❌🧨
This is not financial advice, always do your own research.
Please, feel free to ask your question, write it in the comments below, and I will answer.
🐋
Big dumps of Btc is getting smallerBitcoin is just growing and these little dumps are just ,Water for the Plant; Necessary.
If we take a look to the long term ,after every ATH ,Bitcoin starts to correction.
But these corrections are getting smaller in percent;
Eg :First time 85% but then 72% and 55% ,50% and what you think is next ???
Of course its lower
See you at the next ATH 100K.
Keep in profits.
BTC Perfect retest of the rising wadge and down we go!I said yesterday in my post that we my go down to retest the bottom of the channel on the weekly timeframe which is going to be 33k.
Now i just opened small short position on BTC because of the retest of the rising wadge on the 4 hourly timeframe. My profit taking area is around 34k.
Dont be manipulited by this small pumps and trade smart.
Dont get me wrong i am bullish on the weekly and i think that 33k is the bottom but we need to retest the bottom again.
Much love to all traders.
What do you think about my opinion?
If you like my ideas please follow me and like the post, i am new to Treadingview but i have 6 years expirience in trading.
BTC TO THE MOON!
BTC Maximum & MinimumAs you know, BTC has been beaving neatly according to the trandlines. The first trandline from $68000 which is broken at $49000 looks now like the bottom of the recent surges; while, the new trandline again from $68000 after hitting $52000 shows the tops of the next few days. According to this scenario which is valid "Until BTC is in Decending Line", BTC should hit $28000-30000 at least once. Then it may go up or continue its decending line to lower prices.
USDT DOMINANCE 6 HOURS UPDATE Welcome to this quick update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures .
I have tried my best to bring the best possible outcome in this chart.
As we can see in the chart USDT DOMINANCE brake out bullish flag pattern and all ready retest it now I expecting it to come around 5.55%.
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section.
Dangerous TOTAL2 PRZ?! Crypto market dump ahead? In order to have a bull market, it's essential to absorb more money; and I mean BIG MONEY! The main reason that crypto market made huge profits in 2021 was that more people understood what cryptocurrency actually is. This led to normal people (such as me and other new to crypto fellas) investing on this market hoping to get good profit and we got it! But how long would this bull run last? The answer lays beneath the TOTAL and TOTAL2 charts. These charts reveal how much money the entire market has absorbed.
As I mentioned at first, the more money the market gains, the more it grows. But when the money slowly leaves, the Market Cycle Phase changes. You may ask what it means, so here's a simple explanation from Investopedia:
1. Accumulation phase: This phase occurs when the market has bottomed and the main investors such as big corporations, money managers and smart investors start buying. In this phase valuations are attractive, yet huge percentage of investors still consider the market bearish and the sentiment analysis say so.
2. Mark-Up Phase: During this phase, technicians see the movement in the market and other investors get on the bullish train and prices start to go higher and higher. This is investors favorite phase! No matter what you buy and when you buy it, you make great profits.
3. Distribution Phase: In this Phase, sellers start to dominate the market, the bullish sentiment changes to mixed sentiment and prices often move in trading range. As soon as this phase comes to the end, the prices start to reverse and classic patterns such as double top or triple top appear on charts.
4. Mark-Down Phase: Without any doubt, this phase is the scariest of all 4 and the nightmare of investors. During this phase, prices go lower and lower, the news would be all bearish. If we carefully observe the third phase and exit the market, our money can be safe but if not the nightmare would become real without any doubt.
If you take a closer look you'll realize that the TOTAL2 was unable to go higher than the all time high. You don't even need to be a technician to notice that. I used the 4H time frame on purpose. It is possible to see bullish movements in short-term yet it all could just be a pull back in long-term. The market cycle I mentioned earlier is fractal which means there could be bullish mark-up cycle in 1H or 4H time frame but not in long term.
In conclusion, this post wasn't here to scare you, but to inform you what could be awaiting us. The money I mentioned could leave one coin and be invested on another one, eg; from BTC to MANA or vise versa. This means it's still a very attractive market but you have to be more careful. Looking forward to hearing what you think!
Bitcoin Meets ResistanceBitcoin has faced resistance from $38.2K, and has pressed down to lower levels of support in the narrow range between $36K and $38K. We appear to be finding good support at $36.7K, confirmed by a green triangle on the KRI. However, there is a vacuum zone down to $34.9K. The crypto markets are looking weak, so be mindful of this downside risk. If we are able to muster the strength for a breakout, then we must definitively break $38.2K, in which case, our next target would be $40K.
BTC Dump to a limited of 43K - 38K & Fast return & New ATHBTC Dump to a limited of 43K - 38K & Fast return & New #ATH
According to the yellowed environments in the chart, we have specified that this has already happened at the same price, and on the other hand, a very clear RSI shows that it is marked on the chart.
According to the purple trend line in the daily time frame, bitcoin is in its ascending state and only needs to reach the limit of 43k to 38k and touch the trend line and return to its ascending trend and be sure to return to the ascending trend. It can set a new #ATH.
#YFII/USDT - Potential 12% - SHORT#YFII/USDT - Potential 12% - SHORT
Reason: Trending / Rejection from Resistance / Overbought Stoch Cross
Entry Zone - 2152
Target - 1889
Stop-Loss - 2326
"Trade Like No One's Watching"