$BTC MAJOR PRICE TARGET THIS YEAR we tested the strongest support for this year, which will show if we going to see a bullish momentum if we hold it, and bearish momentum if we break it , that's it ,simple and straight forward .
Dump
Ichi says "Wait for it..."For the last few days wild predictions have been flooding the crypto market regarding DOT with unbelievable TP levels, even if some may come true we can see that we are still beneath the kumo, furthermore in the btc pairing we can see a clash with the kumo , The TOTAL3 market, shows it lingering to critical support below the 200EMA, a reverseasl may be imminent but so far it hasn't happened yet, also the whole chart looks like a giant HnS mixed with a bearish triple top, which from the present point can be the just the beginning of a huge drop
If we look at the Stock to flow model, we can also spot that we are changing from green to cyan showing that the BTC is cooling its cycle, i think maybe everyone is just way too optimist for the current situation since in the 3dtimeframe volume has just crossed below the kumo. we are still bearish with the RSI, beatish on MACD in the BTC pair in higher timeframes, and I wouldnt be the least surprised if we went up a bit to test resistance proceeded by a massive dump. or a long sideways movement trending downwatds before we cross upwards. if we do dump the next stop is at 13 USDT.
Either Way its only bullish once it crosses the kumo on the higher TF. I personally will start looking for entries then at lower time frames.
Trade carefully
Short term:Bearish
Long term: Neutral
Disclaimer: This is a personal interpretation of the market charts, and is not intended in any way to sustain or provide financial advice.
BTCUSDT Strong support zone(40K)Price is receiving strong support of 40000$ and as we said before red trendline resistance break and price now is retesting
that breakout.
and if this support zone remains valid we can expect a local pump here like green arrows or at least range before more dump.
the first target is near Blue trendline resistance and after breaking that resistance we can expect a huge pump for BTC
Sameersam01
3 scenarios for BTC1. Best Scenario = Green line:
-bounce back from 41K-40K
-continue its 5th line on the Rising Wedge
-form new ATH, before it end this Bullrun cycle for good.
2. Most likely scenario = Yellow line
-bounce back from 41K-40K
-held by 51K resistance, and dump back to 40k and finally forms the right shoulder
-continues dump to 30K support
3. Worst case scenario = Red line
- Blows through the 40K support, straight to next 30K support past its Double Top neckline
- dump to last support 10K, and crypto winter till next Bullrun
In the end, all of the outcome is still strongly bearish.
GBPUSD close to resistance ❌🧨As I mentioned in my previous analyse
we had fake break out for the price and price exactly start gaining( about500 pips ) and hit our target 💣✔🚀
and now
here we have important daily resistance and trend line so we expect correction for the price and our next target is close to our support area
This is not financial advice, always do your own research.
please, fell free to ask your question, write it in comments below and I will answer.
🐋
BTCUSDT TRENDAccording to the previous analysis, my scenario happened completely, and from here, I have written different scenarios with the probability of each of them happening to you.
Please comment
🔥 Bitcoin Summer'21 Fractal Points Short-Term BullishRecently I made an analysis where I compared Bitcoin's current price action with the summer'21 bear market. See below for a complete overview. I was assuming that we already had point 4, but that was not the case. Now that we're testing the wick, we can make a better case for being in point 4 now.
As mentioned in the previous post, there was a decent chance that we were going to re-test the area around the capitulation wick, the violet line. Fun fact; the wick re-test occurred around the same time as it did in the summer'21 bear market, 32.5 days versus 34 days.
Yesterday we saw a major flush towards the area around the wick, which is still holding. In case of a bounce, I'm targeting the violet area for a potential exit. Be aware that we might still drop further, fractals are never 100% identical. In case of a substantial drop below $40k we can assume that we're not following the summer'21 fractal and the analysis will get invalidated.
Happy trading!
Btc Possible journeyBtc has formed a head and shoulder structure which is a bearish pattern so we further expect it to go down so not entry till it finds it bottom
BTCUSDT 24HR Step back and look at the green boxes that have yet to be hit.
will we hit the all this yr? maybe... let the MM show there move before diving into the rekt pool
everybody always blame the asain session for the dump... look below
-20% drop likely for PEOPLEUSDTHello everyone as seen above we have BEARISH DIVERGENCE on peopleusdt which i will be expecting a -24% drop down to $0.091
FANTOM close to resistance ❌🧨based on the chart the price is close to important resistance and 3$ round number and we can expect correction at least to 38 or 50 Fibonacci levels ❌🧨
after that
on 50 Fibonacci we can expect gain for the price🚀
but if
the price breaks the 50 Fibonacci and 62 Fibonacci we can expect huge dump ❌🧨❌
This is not financial advice, always do your own research.
please, fell free to ask your question, write it in comments below and I will answer.
🐋3
GOLD bearish candlesticks ❌🧨 As I mentioned in my previous analyse
price exactly dump and hit the target
and
now it is close to our Fibonacci levels and proper place for entry our tp and sl are located on the chart and opening another sell
This is not financial advice, always do your own research.
please, fell free to ask your question, write it in comments below and I will answer.
🐋
LUNA correction before gain ❌🧨based on the chart here the price is close to resistance levels like 100$ and 103.60$ and 68 Fibonacci ❌🧨
so
we expect correction for the price at least to 80$ and if the price stay below this level it can touch our support area and our trend line too ❌🧨
if
the price breaks this important levels ( 100$ and 103.60$ and 68 Fibonacci) we can expect gaining for the price 🚀
This is not financial advice, always do your own research.
please, fell free to ask your question, write it in comments below and I will answer.
🐋
Bitcoin to 55k?My idea of BTC is that we go back to 55k maybe even lower to 52k. You can check the (BTC: All Exchanges Estimated Leverage Ratio) and we are at a 0.216 a sign for a dump?
GBPJPY close to resistance ❌🧨based on the chart the price is close to important daily resistance and trend line so we expect correction for the price at least to 38 Fibonacci ❌🧨
This is not financial advice, always do your own research.
please, fell free to ask your question, write it in comments below and I will answer.
🐋
GOLD bearish candlesticks ❌🧨 here we are close to important resistance area and we can expect correction for the GOLD in next few hour ❌🧨
if
the price start gaining 1830 can be strong resistance and proper point for entry ❌🧨
This is not financial advice, always do your own research.
please, fell free to ask your question, write it in comments below and I will answer.
🐋
USDJPY close to strong resistance ❌🧨based on chart here we have weak resistance line and after strong sharp for the price now we expect correction here ❌🧨
second possibility (WEAK)
the price can gain and hit our second resistance or our trend line and after that start to dump ❌🧨
This is not financial advice, always do your own research.
please, fell free to ask your question, write it in comments below and I will answer.
🐋
Big dump is likely to come in the next few daysLow momentum.. Highest laverage since 2 years.. And investors are afraid going back.. So the best move for market creators and whales is to dump it and purge the market in order to move up again.
✅ Liquidate future traders
✅ Crash the market so investors will go back to take adventage of the dump.
✅ And of course whales will be the biggest winners.. Since they will decide where to sell and where to buy.. + Liquidating all long positions and entring the market from the lowest possible price.
We may witness a bulltrap and a fake breakout but any other scénario but a big dump means that we are being leaded by a bunch of stupid non greedy whales 😅
ETHEREUM close to channel resistance 🧨the price is close to channel upper side and now we expect correction for the price at least to our support line and next target is located on the chart 🧨
second possibility (weak)
the price touching our channel resistance and breakout happen 🚀
This is not financial advice, always do your own research.
If you have any questions fell free to ask, you can write it in comments below and I will answer.
bearish candlesticks for BNB 🧨 as i motioned in my previous analyse the price become close to important daily trendline 💣
and now we expect correction for the price and our target are located on the chart 🧨❌
This is not financial advice, always do your own research.
If you have any questions fell free to ask, you can write it in comments below and I will answer.
BTC General LOOK and Road in my opinion I would love to hear other elliotticions opinion on this scenario.
So for now we are almost reaching the end of wave 4 wich was the longest wave of them all , wave 4 is usually the most longest wave . As we seen it broke the 0.3 fib level so i expect to reach 0.5 wave 4 maximum fib level wich is 53700
. after we complete wave 4 we will dump to the last wave 5 that will make an A wave ....
After this we will have an impulse wave B wich will take us ussualy to .618 fib level wich is 56500 , after this B wave is completed we will have a last wave C that will take us to 25k .
Thank you watching my chart !
daily head and shoulders for USDJPYas you can see here we have incomplete daily head and shoulders and the price here is close to trend line near the the shoulder resistance so we expect correction for the price at least to 112.80❌🧨
and 112.80 is sensitive support area for the price so if the price breaks the 112.80 ( head and shoulders neck line ) and stay below this area we expect more dump for the price ❌🧨
This is not financial advice, always do your own research.
If you have any questions fell free to ask, you can write it in comments below and I will answer.
BTC SHORT TERM IDEAThis bowl formation has been working really well to this time. I predict if the price leaves the bowl in the upward direction we will see a pump, but if the price leaves the bowl in the downward direction we will see a dump. Let's see what happens.
