Bitcoin - bearish scenario - Elliot ABC correction & Fibo 0,618Bitcoin - bearish scenario - Elliot ABC correction & Fibo 0,618
Dump
Don't worry about BitcoinBitcoin is still in up channel and it needs to make a lowSo to make an another low, Bitcoin needs to retrace and right now(2/24/2021) BTC is experiencing a corrective wave.] Also Bitcoin is experiencing a bearish candle in weekly time frame.
Based on fib retracements , Important support zones are:
Zone 1: 45100 - 44500
Zone 2: 42230 - 41700 (chance to return from this zone)
Zone 3: 39600 - 39000 (difficult to break out this zone)
Zone 4: 37400 - 36700
Zone 5: 34500 - 33400
Zone 6: 30000 - 29200
This is not an investing or trading idea, This is just an analysis for BTC recent corrective wave.
Do your own research and remember risk management is the key of success in financial markets.
Thanks for your time
Comment your idea and let me know what you are thinking
BTCUSDT Technical AnalysisGreetings,
In the last dump bitcoin went down 30.29%. History will repeat itself. The price will dump 30.29% and it will hit the trend line. it will be supported at 40680.
Remember: I'm not giving financial advice.
Follow me for more TS.
Cheers
BTC Mid 30k Incoming? This massive dump as a result of Extreme greed and a "domino" effect of liquidations once they started piling in.
And guess what? IT WAS IMMEDIATELY BOUGHT BACK UP!
Some exchanges embarrassed themselves and showed they clearly DO NOT have the traffic capabilities to handle massive user surges...
Don't believe me? Look at KRAKEN ETH/USD on the 1 second... ABSOLUTE INSANITY
Anyways this is just the beginning of more downside in our opinion. We are WAY overdue for a 21 week EMA test.
This test is the gold standard for bull cycle continuation. we pass this test and sky is the limit!
The trend is Currently down on the Trend Master. Lower time Frames showing potential trend change but when in doubt - Check the highs.
-Crypto Viking
$RETO is gonna fall todayPupm&Dump trading strategy idea.
$RETO is rising too much today.
The demand for shares of the company looks lower than the supply.
This and other conditions can cause a fall in the share price today.
So I opened a short position from $2,50;
stop-loss — $2,65 ;
take-profit — $2,20;
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
$CHNR is gonna fall todayPupm&Dump trading strategy idea.
$CHNR is rising too much today.
The demand for shares of the company looks lower than the supply.
This and other conditions can cause a fall in the share price today.
So I opened a short position from $3,50;
stop-loss — $3,90 ;
take-profit — $2,70;
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
$TTNP is gonna fall todayPupm&Dump trading strategy idea.
$TTNP is rising too much today.
The demand for shares of the company looks lower than the supply.
This and other conditions can cause a fall in the share price today.
So I opened a short position from $4,15;
stop-loss — $4.40;
take-profit — $3.60;
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
weekly bitcoin bearish chartwell as you can clearly see bitcoin is over bought, stoch due to cross to downside, btc price has tried breaking this top line all day todat with fail , i feel we could drop to lower line in near future maybe even fall below being a bearish pattern
🔥 Bitcoin Channel RecoveryBitcoin has seen a rather quick dump last night, taking the whole market down with it. As seen on the chart, Bitcoin seems to be bouncing off the lower support of the channel. This trade is based on the idea that Bitcoin gets bought up quickly after every dump, like it has been doing for months now.
On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs. Do your own due diligence.
Happy trading!
IOU PUMP OR DUMP IOU has been on my watchlist for the long term now. It was traded on sideways for past few months. Suddenly it has more volume than normal time. This stock has pumped well in the ASX stock Facebook group. That's how it has all the attention now. If there is good news coming up next Monday it's will be a good sign to jump in otherwise it will be risky to jump in. All the trader I believe join in 0.019- lower than might gonna sell-off, then it will be falling down. Watch out on Monday for news.
SPY SHORT?From What ive been seeing, im expecting a large pull back in the markets.
Ive opened Puts on SPY, and Calls on UVXY.
Anyone else see Crash coming soon?
Doge Dump or New Breakout?I'm really wondering what will happen here, if it breaks the support of 0.068 it could get a lot worse, or it will maintain support and possibly shoot up. What do you all think? MACD has been in undersold territory, so if it can get some more volume we could see that breakout, but a bit sketchy.
OVER top bubble ? HUGE dump soon...
correlation or not we will know very soon the sequence of events. the top of my bubble is approaching. money does not go to heaven
ETH, two very possible scenario 1440$ or 1700$?After forming an ascending channel ETH lose the support zone and the base trendline at 1650$ area. There are two possible scenarios:
Bullish:
Support zone at 1550 act as a strong liquidity impulse pushing the price at next resistence 1650$. After consolidating in this zone next step will be 1700$ and 2000$
Bearish:
The support zone where we are 1570$ will be invalidated with a 4h close below it. Next strong support is at 1440$ but there is a possible stop at 1500$ before it.
Actually im out of the market waiting confirmation such as pattern and waiting my script turn long on 1h time frame.
Have a good day!
$AACG is gonna fall todayPupm&Dump trading strategy idea.
$AACG is rising too much today.
The demand for shares of the company looks lower than the supply.
This and other conditions can cause a fall in the share price today.
So I opened a short position from $3.70;
stop-loss — $4.24;
take-profit — $2.62;
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
$THTX is gonna fall todayPupm&Dump trading strategy idea.
$THTX is rising too much today.
The demand for shares of the company looks lower than the supply.
This and other conditions can cause a fall in the share price today.
So I opened a short position from $3.90;
stop-loss — $4.60;
take-profit — $2.50;
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
$IGC is gonna fall todayPupm&Dump trading strategy idea.
$IGC is rising too much today.
The demand for shares of the company looks lower than the supply.
This and other conditions can cause a fall in the share price today.
So I opened a short position from $2,26;
stop-loss — $2,43;
take-profit — $1,92;
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
What's Silver's next moves? Following the recent pump on silver up to around 30, many have been scratching their heads about the dump down to around 26. There is word on the block that Silver is heading to 500 but the so-called gurus are not saying within what time frame that might happen.
The chart time frame shown is a macro-economic one - the weekly. Always look higher.
I highlight some similarities looking back to 2007-2008.
My probabilistic estimate (not a prediction) is that on this time frame it is more likely than not that Silver goes south. (for every probability estimate in one direction there is a residual probability in the opposite). I've given my reasoning based on macro-economic cycles in the video. The whole world is overdue a downturn in a macro-economic cycle - a pattern which has been very robust for decades. This time around it would be interesting if we do avoid that downturn. If so, Silver is likely to punch north.
Those who have other ideas for Silver going far north, are invited to give their commentary with reasons. Let's learn from each other.
Disclaimers : This is not advice or encouragement to trade securities on live accounts. Chart positions shown are not suggestions. No predictions and no guarantees supplied or implied. Heavy losses can be expected if trading live accounts. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
$RAVE is gonna fall todayPupm&Dump trading strategy idea.
$RAVE is rising too much today.
The demand for shares of the company looks lower than the supply.
This and other conditions can cause a fall in the share price today.
So I opened a short position from $1,75;
stop-loss — $2,00;
take-profit — $1,25;
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
$ARTL is gonna fall todayPupm&Dump trading strategy idea.
$ARTL is rising too much today.
The demand for shares of the company looks lower than the supply.
This and other conditions can cause a fall in the share price today.
So I opened a short position from $2,15;
stop-loss — $2,60;
take-profit — $1,25;
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
$TLSA is gonna fall todayPupm&Dump trading strategy idea.
$TLSA is rising too much today.
The demand for shares of the company looks lower than the supply.
This and other conditions can cause a fall in the share price today.
So I opened a short position from $5,65;
stop-loss — $6,50;
take-profit — $4,00;
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
