Marketliberator
BTC Weekly, The Bottom Isn't In.BTC Weekly not showing us any sign of a reversal just yet, the Blue wave momentum indicator hasn't printed a buy signal just yet and is almost hit the oversold area.
This bullish support is the last line of defense for the bullrun IMO.
That is the worst case scenario for BTC to come and retest before a reversal. Otherwise we have to accept the fact we are in a bear market and look to start setting up shorts in the market.
And if we do come this low I will be looking to buy large position of BTC with a SL around 27k.
The VPVR is showing a massive support where we are, but as the Market Makers are in control they love to dip outside the support and liquidate longs. So I am not going to be surprised by a 29k BTC wick down.
Not Financial Advice. Crypto is extremely risky right now. DYOR.
Use Risk Management please guys.
BTC, We're Not Done Yet!Hey @everyone Taking a look at the BTC Daily chart, first thing I can see is Volume picking up this is a good sign. It means we could likely get a decent move up or down, once BTC decides on a direction from here.
We haven't managed to touch any Weekly bearish Order Blocks on the higher TF so I am looking at 2 possible short term scenarios for now.
A, we hit the weekly Bearish OB and reject it at first, then potentially move up to the next one.
B, we swing low one more time and fill the liquidity down at 29.5k, the bottom of the Weekly bullish OB with a big wick to wipe out longs and open more short positions.
ML indicator - Bearish Money flow seems to be weakening on the Daily, we printed a double bottom on the wave indicator, but the second wave is larger than the previous one, so this is the new anchor wave. We are looking for a trigger wave with decreasing Bearish Money Flow to give us some confidence in a continuation higher.
BTC Daily Is The Bottom In?BTC daily chart looking like we might have put a bottom in here for the time being, The RSI is currently on 20, bearish MF is thick in red still. We look like we are starting to curve and form a new anchor wave (new bigger blue wave) which is indicating that a correction is likely gonna happen over the next few days (big or small we don't know). This isn't confirmed until the blue waves cross and we print a green dot.
We are holding the lower trendline for now.
BTC why not pumping? 2nd entry btc is having a tough time geting over 59, and bearish divs forming on the 4hr is really concerning so next possible entry for a long is at the CC level with huge gap for coming down. probably we can see slow action rather than a fast move like the last time. we have more upmove to come but for some reason BTC wants to liquidate all longs i guess. we have good reasons to long at these levels
BTC Clear Opportunity for a long making sure these levels are respected opening a long position here is a good idea considering there are bullish divergences forming on highertime frame and most probably on lower timeframe too
this can also make a swing failure pattern so i expect very fast movement on these levels do keep an eye ont the chart on lower timeframes.
BTC why not pumping?BTC is very bullish on 4hr timeframe at least to give a small swing high but gave only 3% from the last trade we took. i took profits on my small accounts as we are seeing bearish divs on 1hr. so expecting a retracement on these levels. use manageable leverage as we are seeing bear trend on weekly timeframe. more on that later.
Extremely Accurate Prediction of BTC Dump Using MarketLiberatorAll credit for this indicator goes to @MarketLiberator, I got access to this tool yesterday and have already made my most accurate prediction yet.
(This post is not sponsored nor am I directly in contact with ML)
Using basic maths and MarketLiberator A/ B, I was able to predict the exact moment and depth of this BTC correction (thusfar, if I am wrong I will be deeply embarrassed, lol)
Here's how:
Last time the ribbons squeezed this much (white circles), BTC rose from 34k to 60k.
However, you will notice that before this, there were steep corrections each time, this allows the MA ribbons to converge and squeeze before exploding up.
The last time the ribbons began to squeeze this much, was just after a correction down from 40,000 to 29,000, or 27.5%
At the time of prediction, (23:43, 22 April 2021, GMT) BTC had suffered a downswing of 22% and the ribbons had begun to squeeze the same way as previously. Therefore, another 5% would bottom BTC off at roughly 47,000.
This, combined with a prior contention that BTC was in a bull trap, allowed me to predict that BTC would take another turn down of roughly 5% as of writing.
Showing Bearish Signs But Not All Dark & GloomyHello Everyone here is a quick summary on what I'm thinking happens next. As much as I want Bitcoin to finally break $12,000 we will need to take a rain check in the short term. Bitcoin on the 4HR has ST Support around $11,250 and major support at $10,800 and $10,500. I am not at this point joining the crowd that is calling for the Gap Fill at $9,600 but the longer we remain above $10,000 the more bullish our sentiment will get overall. Daily MACD is finally coming down and ST time frames (1HR & 4HR) are flipping bearish signaling down so I am expecting a dip to the 10.5-10.8 Support if/when we finally break $11,250. But I'm holding off on shorting till we get confirmation at $11,250 as we could easily test the 11,500-11,600 before this occurs. Good Night and Ill update everyone once we get some price action, Thank You!!
ETH 4HR BullishQuick Analysis before I get a few hours of sleep. The 4 Hour on ETH is too me screaming that positive price action is about to occur and should really start gaining momentum after we break and sustain time with coin accumulation above $400. Check out the MACD Showing lower levels of bearish momentum and we are about to get a bullish cross. So For me with ETH as long as Bitcoin does not dump which this whole analysis is honestly contingent on I believe we can hit $550 or easily much higher in the coming weeks. Finally we have nice support at the arrows i have outlined on the Chart which also have the 100 & 200 EMA acting as support. I'm Neutral For Now but I'm Extremely Bullish Above $400 and Bearish under $330 ish, Thank You For Your Time!
Bitcoin Quick AnalysisHello and Good Afternoon! Most of my analysis is on the chart but Bitcoin has technical support around $11,200-$11,180 also with the EMA 100 on the 4 Hour. I'm curious to see if our ST old support around $11,500/600 will become new resistance but as of now our next major resistance is around $11,950-$12,000 where we failed to break last night. If we break below $11,180 I'm expecting a dip to $10,600-$10,800 and on the flip side if we break above $12,130 I will be expecting a test to $12,500 and even possibly $13,200. Thank You For Your Time and I Will Post More Updates Later Today!!