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Osilator

Bitcoin Analyze Time Frame 4H/ Contracting Triangle!!!HI, first I have to say thanks for likes my previous post🙏💐, I tried to explain Counting waves, Tweets, and how were Channels make! Bitcoin Analyze ( BTCUSDT ) Timeframe 4h ⏰ Location 🌊: If you want to know about my counting waves' Story, please look at my previous post (Topic''Bitcoin Analyze(Counting Waves+Channels+Tweets)!!!''). if you remember my previous post, I talked about BTC's location. my idea, we passed microwave 1 of microwave 5 of the Main wave C (End of Correction), and now we are on microwave 2 of microwave 5 of the Main wave C, the shape of this wave is Contracting Triangle. I was able to find points A-B-C, and we have to find other points like D and E(Probably E). points E and D are our critical points, we can see main movements at these points. About point C, I found it on TRZ ( Time Reversal Zone ) while we have a Bearish Stick Sandwich 🌭 Pattern too. To confirm point C , also we can check RSI , MACD , Stochastic , and ADX . MACD & RSI : we can see Hidden Divergence( HD- ) Between Price and MACD + Price and RSI until now. MACD 👉https://www.tradingview.com/x/IhyCxRjg/ RSI 👉https://www.tradingview.com/x/tpEMBbNr/ Stochastic : we can see the end of the movement.👉https://www.tradingview.com/x/hjdBeF4q/ ADX = 18.4 < 25 ( Over 25 , we can say the trend has started)== this movement was just a corrective movement (Point B until Point C ). Important Resistance zones & Support Zone on Bitcoin's way (Respectively): Resistance zones : The upper line of our Descending Triangle , price is fighting with this now. Resistance zones : 37596$ until 37267$ ( Yearly Support 1+ Cluster of Fibs ). Support Zone : 316200$ until 30000$ ( Support + Cluster of Fibs+ the lower line of Descending Triangle ). ❗️Alert❗️: If price breaks our triangle (to up), probably microwave 4 will be the complex type (WXY_WXYXZ). still, I am believing in Bitcoin Long-term Analyze ( Monthly Time frame )📆: Please read this post carefully ( I ❤️LOVE❤️THIS POST😀)👉 My Suggestion : please do NOT buy Coins for Midterm and Long-term investment until the market finds a way. At least you can wait for breaking our Descending Triangle (to UP)/ Also If you find Triggers for Short positions , You can use them for the short term . Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy , this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅ 'like' ✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe.
Short
by pejman_zwin
31
Looks like we have rsi convergence in xmrAlright guys this is my firs idea in xmr As you can see we have ascending symmetrical triangle here, rsi goes up and macd shows that range is almost done, and volume confirmed that we have a big trend in our way(in 12 hours), we have support of ma's and also cross over in 50 and 200 As you can see we have 72 in 618 if we break 70 resistance!. So I recommend you to wait for 69 resistance ... If you see a candle above it, enter long to 72. If you liked it, please hit the like button, share and write your comments and follow me, thanks for reading. Take care, trade safe
XLong
by AminHa4
3
Possible H&S to 9k ?Ok guys as you can see btc is trying to form a H&S and the last target would be in 9k area im not do the trade for now because rsi is respecting to the lines(triangle) and also it failed to break them. So, if I see a break out of rsi, or I see respecting to right shoulder by price, I will do short by 4h chart idea. And also if I see a break out of rsi or price in 1h I will do short ! My target would be 9300, 9100. 10k is still reachable and also we dont have second top for now, it would be 9900~9950, keep your eyes open on market, we are at the bottom of channel. We are in range again(distribution phase again), and I wont do trade for a few hours and the worst scenario about range is 24 hours for me. As always as I said before, Please always follow your own thoughts. If you liked it, please hit the like button, share and write your comments, thanks for reading. Take care, trade safe
BITMEX:BTCUSD.P
by AminHa4