Ever noticed when the Bitcoin chart goes eerily quiet? It's like a still lake before a storm. But here's the scoop: this tranquility might not be innocent. In fact, it could be orchestrated by bigger players in the game. Enter the whales – major market influencers. When they create low volatility by steadying prices, it can make others think nothing big is...
Hi dear community and my lovely followers. I would like to add another analysis which add more confluence to my previous analyses that BTC is preparing for another huge jump. As you see I Have drown BTC wickoff accumulation model 2022-2023 which shows that BTC hasn't only bottomed out but also has finished its main accumulation phase/A,B,C,D/ and now it is in a...
The bigger the timeframe is, the bigger the move it may produce. Therefore, it can be good practice to define the direction of the price and your trading based on where and how things develop on higher timeframes. Another reason to use timeframes with bigger resolutions for the confirmation of your decisions is that a trade setup on one particular timeframe is...
It is worth keeping an eye on this gap on USDC.D because it could be used as a potential flashpoint and space to create an earthquake in the crypto market. The vast majority of intestors and traders are watching USDT.D which is a mistake looking at the fact that USDC is also a very important player in the market
I believe we are in a prolonged, multi-asset bear market. With that said we have not had a significant retracement for months. We are overdue both in time and price. A break of the recent lows will do the following: 1. Stop out any currently accumulating bullish positions with stop losses 2. Trigger entries for short sellers expecting a larger downside move...
Such behavior has historically proven that when dominance increases then the market enters a final shakeout.... It should now be closely watched what bitcoin's dominance will do
Text book model of a 11.5 week flat base + base failure reset(constructive shakeout) + VCP with 3Contractions and massive volume dry up before the breakout and massive volume on the breakout.
High volume throwback to the breakout likely was a shakeout move. Risk: 90 bps You don't need to know what's going to happen next to make money ~Mark Douglas Anything can happen ~Mark Douglas
This is example of shakeout strategy . We enter at blue dot, initial stop is the red dot. Target is blue crosses.
I have mentioned in my earlier posts that we are in huge rising channel on the weekly timeframe. On the weekly we are looking bullish, however on the shorter timeframes i see some bearishness. On the daily BTC has printed a bearish engulfing candel which tells me that retest of the bottom of the channel is most likely to happen. But that makes me even more bullish...
We know about price spoofing at crypto market. Going with this knowledge we should have good secured positions if we going long... Let's be ready for squueze long and also short... Next week can be crazy like month of may distribution. Keep your wallet safe!
Looking for a quick shake n bake bounce off the sad face near .17. Hopefully it'll be enough to support the next launch to the moon at .23.
Hey guys, here is what I am looking out for from BTC over the next 30 days. This idea is based off the Wyckoff accumulation pattern. It's a classic retail shakeout tactic where institutional investors fill or their cheap BTC orders while we sell low and buy back high. BTC dominance is starting to trend higher so Alts will likely get wrecked over the next 30...
BTC testing fib 1.618 (42301.55) support. Or will it flip to resistance? Bulls need to step in!! Bottom out? Or there's still more to come? BTC 1H
In October 2019, the charts looked very similar to what we're seeing now with BTC. Price had been falling for more than a month and the 200 EMA was providing heavy resistance. Everyone was talking about a looming Death Cross (where the 50 EMA crosses below the 200 EMA). We saw bullish divergence and seller exhaustion on the daily chart (similar to today) and...
In this video: * A quick review of bitcoins recent price action * A look at how we trade this going forward
A #cryptocurrency wallet containing 2,207 Bitcoins (roughly $150 million at current prices) has become active for the first time in over eight years, according to blockchain tracker bot @Whale_alert . The wallet transferred $129 million worth of #Bitcoin.
Sign of Strength in the chart: 1. Reaccumulation with Shakeout 2. High volume heading to resistance 3. Pullback Disclaimer This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock