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.
Dump
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"
Market update - Usdt dominance chartReady for massive market drop?
We have 4 main indicators that we will soon break up
and this time with even more momentum then previous drop
We have not one but two cup and handles (one inside a triangle and a larger cup&handle overlapping the triangle up to the key resistance level (red line)And then as well we have these formations close to main resistance yellow trendline very dangerous setup because we breakout of trinagle we break main resistance and then we break key resistance most certainloy as well and we have to powerful catalysts for powerful momentum one cup&handle after the other - this current formation structure could be strong enough to led us to the bottom which could be 28 - 32k
Stay safe do proper risk analysis - prepare to have usd to buy lower - and if you want to short only do with low leverage and stop losses and do it from resistance and now from support and put stop loss above support
BITCOIN Ichimoku CloudHi everyone 👋🏽
🕊 Wish y'all have a profitable lifestyle 🍀
📌 BTCUSDT- Daily Time Frame - Candlestick
📌 Ichimoku cloud - Support and Resistance
📍I would like to analyze Bitcoin from ichimoku's point of view.
📍 We have 3 very important elements in ichimoku cloud:
1- Tenkan sen
2- Kijunsen
3- Cloud
✍🏼 As we can see here, Tenkan is below kijunsen and also price has closed below them which can be a bearish signal
✍🏼 Price has entered the cloud and we are struggling to break the Span A; which can be really hard if the price has already closed below it
✍🏼 BITCOIN can see the 53k price zone that is combined with SPAN B ; which is a really strong support zone
⚠️ If price manages to break SPAN A and closes above that level seeing the SPAN B support zone is invalid
📍 In weekly time frame the tenksen is flat and is around 54k price zone; price is close to this level, so 54k price zone is more likely to happen
THIS IS NOT A FINANCIAL ADVICE
PLEASE DO YOUR OWN RESEARCH BEFORE TAKING ANY SELL OR BUY POSITION
GOOD LUCK
NP TRADER
Btc to 18-24k.Scenario 1 is btc makes a higher low above 29k and we go on forwards and onwards.
Scenario 2 which is run the lows and test for more liquidity downwards. Expect a slow car crash till 30k breaks and then a flash crash with a lower target of 18k.
Currents market enviroment is risk off, and things are going to get worse before they get better, expect a further liquidity crunch to ensue.
The reason crypto is falling isn't crypto related per se but a strong dollar index, coupled with the stock market imminent crash and further aggravated with the fed incoming anti-inflation policies.
Notably if we get the crash scenario eth will also more likely than not tap 1100-1400, ftm 60 cents.
Expect a bounce at 31600 but bounces are to be shorted at the .382 fib until we see a reversal pattern or 18-24k gets hit.
By the way if 36k breaks today without a bounce to ~37k that's extremely bearish, and given how NDAQ and SPY is on the verge of breakdown that's a 50/50%.
I wouldn't want to baghold the drop, you get in near the bottom and get a much better r/r, it's like holding through the 2020 health event crash instead of buying near 4-5k.
If you are in the market and haven't capitulated when 40600 broke, it's not too late to sell and rebuy but if youare leveraged or too afraid to take the loss you might as well buy more down there and hedge short current holding.
Possible SPY Outcomes - Jan/Feb 2022To create these prices and their respective labels, the following indicators were used:
Volume Price Profile
Fibonacci Retracement
Consolidation Channels
Potential MACD lengths
Outcome #1 in RED, Outcome #2 in YELLOW
Overall, I have the sentiment that it will continue lower, at some point. There are an infinite number of factors that could affect when, and how fast it does fall (-10% next week, -30% over next two months etc.) This is just to help map my personal game plan.
#1: Bull Market Reversal Price: This is the price I have decided that I personally will use as an indicator that a correction is over, and there should not be any huge crash in the near future (excluding news, events). Approaching this point, I would chart something that is more bullish to prepare for that.
#2: Support Ranges: Of course as SPY dumps (if it does) it will not be a linear path. There will be locations in every price where there is some support met. The ranges marked are locations where the support may be its strongest, and likely good areas to exit short positions.
#3: Gap to Fill: There was a 7% increase in 2.5 weeks in this area, with 2% of this happening over the weekend. Other traders/ investors could expect this gap to be filled before any major consolidation or reversal. Just something to keep in mind.
#4: The red line is where most volume by price is since Nov. 2020. If it goes this low, I'd expect some good support in this area because of it, and the simple fact that it is 400 (a big psychological support.)
Some other possible outcomes are: consolidation from SPY Support #1 and Spy Resistance #1 for as long as needed, tech earnings are crazy good and the market goes full blown bullish, or very long term consolidation in a much larger range until their is confidence in the market again or it loses steam.
Moderna long-term short optionModerna is getting hot with Omicron Covid variant.
It almost has no investment attractiveness from current levels, but it has potential for making some sort of reverse pattern (so we will probably see some upward movement in short-term)
You can open potential long-term short positions from fibo levels (red lines)
Dump it!
DOGE BREAKOUT !!BINGX:DOGEUSDT
Most of ppls are terrified from the new dump of the market ! but we have a little increase to the retest level at 0.147 level . u can use that opportunity for a small trade . but for now ! we should wait until the retest to see whats gonna happen and trade wisely !! and there is my idea !
TOTAL MARKET CAP - GarbageIn an unregulated space where digital numbers are sold to the people with USDT and unregulated stable coins - While the US overthrows nations that try to issue their own currencies or nationalize their resources - Here we have the GDPs of dozens of developing nations being absorbed within hours by so called "whales"... Only whales I am seeing are corrupt US officials who work as puppets in a space that can't regulate Tether but will send its troops in to fight and let innocent people die if a rival economy ever tried to do the same thing..
This shit is out of hand... In two months the amount that came flooding out of this market could have ended global malnutrition 6x based on the figured the World Bank and UN give... Bogus
Supercycles every 4 years on BTC. Easy explanation.2013; bitcoin suffered a big correction, it went down around 87%.
4 years after that correction began on 2017 another huge correction took place, this time bitcoin went down around 81%
and also 4 years after the 2017 correction on 2021-2022 a new correction might have began?
Well I actually think we are actually about to see how btc dumps, probably to 20k, due to the psychological power of 20k and also because it was the 2017 ath.
Double top on 65k might be one of the main reasons of this massive dump, resistance on that price range is really heavy.
20k is the fastest and easiest ways to get to 100k+.
I might be wrong, just my analysis. Thanks for reading, UrDaddyBB
BIG DUMP INCOMING?SPX is going higher and higher but the chart is flashing really bad bearish signal that in history always preceded a really bad dump in the market.
We are having a bearish divergence on the monthly and this has always predicted a dump between 20 and 50% of the price.
Is this gonna happen again?
Also if you look at the daily the chart looks like a blow off top.
Let's see what happen in the next days/weeks
short position for LUNA ❌🧨As I mentioned in my previous analysis ✔️
target reached 💣
and now
the price will start the correction to the downside ❌🧨
or
it will start its correction from the resistance area ❌🧨
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.
🐋
BTC DIRECTION. LONG OR SHORT?BTCUSDT is currently on its MAJOR trend support. if it will bounce, expect it to hit its resistance ranging from 45k to 47k.
on the other hand, if it hard closed below its major trend support, expect it to have a major dump. Remember, this is bitcoin's major trend support for this bull run.