BTCUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the 4-hour time frame. The price is stuck inside a triangle. It will move in the direction of any side of the triangle it breaks. If it breaks the support it will move down to the next support and if it breaks the resistance, after a pullback it will move toward the next resistance.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
Tether
Long the Support - Short the Resistance (Bitcoin)Currently still in my bearish entry trade at $41.5K and holding at 21% Profit….I have very little reason to exit this position unless BTC breaks the current resistance and retests for confirmation. Virtually zero profit loss if trend turns bullish. I only trade dramatic movements and Exit when the trend hits the maximum momentum, then automatically switch trend trade positions.
To anybody not in a position currently: The only trade that makes sense it to go Long……From this point, you have very little to lose and technically we have more range bound movement to come….which means BTC should go up to the $41-$42K before consolidating back down….
On chain data shows the majority of liquidations for BTC have now changed from Longs to Shorts meaning this is NOT the time to go Short….You will be liquidated….70.5% of BTC holders are not looking to sell right now. Keep that in Mind. The whales are buying at $28-$38K and +$50K levels. Everything in between is market maker shaking out retail investors during the final phases of this Accumulation Phase.
My next move is to exit my bearish trade position if BTC uptrends to top of range ($41K) and then WAITING for BTC to reverse, retest $41K and Enter then and only then. Target Take Profits: $20.5K - $30.5K - $32.5K - $37.5K ….. If you haven’t checked out Pionex trading bots it’s worth your time.
In Conclusion, it doesn’t ever hurt to buy Bitcoin. Be proud to own it regardless of price, this is history in the making. Proud to be within the community. Like and Comment Below!
Elliot Wave Analysis on BTC-USDTHello Traders I have done my best to present accurate and real time illustrations as the story unfolds.
Welcome to Buy Dips and Eat Chips.
Elliot Wave analysis usually works in 3–3-5 meaning ABC-ABC-1-2-3-4-5 movements.
This method is used to accurately predict trend continuation and reversals.
The chart above shows the replicated move for Elliot wave structure. From my perspective the cycle has now reset and we are in wave B of the sequence. About to retest the support for the third and final time before breaking up to downward sloping resistance of our triangle. (White lines)
A mentor once said “when you don’t have to worry about what happens after placing a trade, that is when you know you are doing it right”
*Apply Stop Loss
*Wait for a retest to enter a trade position
*Take Profit is better than No Profits
*Don’t revenge trade / FOMO in middle of trends
*LONG THE SUPPORT - SHORT THE RESISTANCE
*Have your trade parameters defined/written down for both BULL and BEAR situations before entering position
*Sometimes the best trade is NO TRADE - volatility sweeps happen often in zones
*Log your trades and WHY they succeeded or failed. Do this over and over and over.
If you like some of the content please follow and like / comment your ideas !!! Happy Hunting.
TWO POSSIBLE OUTCOMES FOR BTCDespite all the FUD and Index on Fear and Greed, many are still hopeful that Market Makers are willing to let Bitcoin start Mooning and set the stage for another possible upside fakeout. I have illustrated the two possibilities for this trend moving forward next week. Or Sooner.
The weekend is when big players like to stop loss hunt retail investors….it can be argued that we are in a NO TRADE zone….In my opinion BTC can break up through resistance due to the double bottoms pattern and touching rising support line. Other scenario BTC will reject current resistance and confirm the head and shoulders pattern, leading us to collect the MASSIVE amounts of liquidity in the lower price levels.
Based on the research and knowledge on-chain data suggests best time to buy BTC is anywhere below $38K…..Whales buy there and you bet they are gonna want to buy in cheap one last time….Will we see wyckoff distribution pattern play out as we are in the Shakeout phase? Will the news and war turn positive anytime soon?
Best advice, dollar cost averaging and HODL was the #1 proven strategy backtested by AI trading bots that beat every other strategy. When BTC dips, we have more opportunity.
Godspeed Traders - Remember taking no position is sometimes the most profitable at times.
BEWARE OF MARKET MANIPULATION - BTC HUGE FAKEOUTS EXPECTEDGood Evening Traders,
The NYSE Stock Exchange saw negative moves today majorly bearish…..We have seen the market maker manipulate the long wick candle in this downtrend to liquidate shorts and longs….we have much more to come this weekend because the FUTURES market is closed until Monday. We are seeing liquidity pooling down at $34-$36K which needs to be reclaimed in my opinion. The number one lesson I’ve learned is to not make moves so hastily.
Blue Flag indicates my bearish entry point @ $41,145……Up 26% so far
I have the option to flip my trade or let it ride out….what do you think people?
We are seeing sooo many shorts however that’s exactly what market makers want! The whales and institutions want the retail traders (you and me) to go bearish on Bitcoin meanwhile they are BUYING over the weekend to send this baby to $47K. The only way to win is to play by the market makers rules….if we follow the news and media and fear and greed index there will be herds getting REKT.
Don’t Get REKT. Buy Dips and Eat Chips.
WYCKOFF THEORY SHOWING CORRELATION - PHASE C - SHAKEOUTI don’t know if this analysis is too early to publish but BTC has been showing larger volume and larger dip below our EMA….We tried to hold $40K but the market makers want to liquidate as many longs as possible just enough to keep you interested. Don’t give in….Don’t Sell….HODL….BUY THE DIP, EAT SOME CHIPS…..My trading bot on Pionex is setup for 30,500 target but will stay attuned frequently. Currently am in 22% profit since entry at $41,150….trading the trend and being patient until serious signs of a reversal show….
..….MOONBOYZ FAN CLUB SAYS BTC TO $100K Soon!!!Now that I’ve got you to smile, lets be logical and have a trading plan to MANAGE RISK - Not chase gains…… in all phases of the market..>We are currently in Accumulation, so its recommended to buy anywhere below $38K which is considered cheap in the overall long term scope of this asset. Whales are looking to buy in that area and above $50K which is when we shall see parabolic action. MOONBOYZ HOLD STEADY.
Volume is seeing a nice increase lately, it should be evident the trend of the bears are not over just yet, Dollar cost averaging is the best method for most investors.
Oil Effects.Weekly Time-frame
Still bearish and we are still need to fill the long wick to the upside of the previous weekly candle it might not close there but it will have to reach the $44,093 top before coming down again. We are forming symmetrical triangle that can either break out to the upside or downside. With the current events right now we are more closer to short position. once S&P 500 index, Russel 2000 index dumps we can expect more dump for Bitcoin like retesting the 200 Moving Average in weekly time-frame.
We just need to watch out to the news about our stock market.
1D Time-frame
We are getting closer to our support area of $39,259, $38,352, $37,197. These are the supports where we would most likely bounce. Our Awesome Oscillator (AO) is bullish so no worries at the moment we printed Green Volume signalling to the upside.
4H Time-frame
The area below 4H 200 MA, which means we are back to bears. What most likely will happen here is a test to our support at $39,254 if it holds it will bounce here, if not it will retest $38,350 if it holds we will bounce there or retest at $37,197 and bounce from that area. that support area are most likely we can open long position.
We will discuss more on the possibility on our Live. Stay tune and check with us!
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Disclaimer: Above Technical Analysis is pure educational information, not Investment Advice. The information provided on this post does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.
Waves vs Tether Chart UpdateAs you can see... We are also bullish on WAVESUSDT.
We have a "W" bottom pattern as prices continue to increase.
The increase in volume at support is very telling... We can say that this is the signal that gives it away.
The bullish indicators support additional growth...
We also joined early this bullish wave.
You can find the targets (yellow) on the chart.
Namaste.
Everyone and their moms are suddenly believers in Bitcoin LOLOne single outbreak, over night and the whole crypto community is FREAKING out…..like OMG bitcoin to $100K this is it……lmao I think we are seeing good momentum but we will erase all those gains by the end of today. LONG THE SUPPORT - SHORT THE RESISTANCE —> Next target $40k - $38K - $34K
ATOMUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. The price has hit the resistance line two times and could not go past it. We expect the price to move up to the confluence of two resistances. If the price breaks this resistance confluence, it will go higher. But we expect it to get rejected and fall down to the support zone.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
ETHUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. The price has been able to stabilize above our support zone. We expect the price to see higher targets in the coming days and then continue falling. If the resistance line is broken, it will move up higher.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
BTCUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. The price is ranging after breaking its support line. The price is moving to the next resistance. If there is any weakness in the price, we can Short it for the support zone. If the price breaks the resistance zone, we can enter Long after a pullback. You can sell your assets when it reaches $43K and then wait to see what happens.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
ALICEUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. The price is at the first support zone. It seems that it will hit the first resistance and then fall. If the first support zone is also broken, it will fall down to the next support. If the resistance line is also broken, it will go to the next resistances.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
XRPUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the 4-hour time frame. The price is now fluctuating between the support zone and the first resistance. If the resistance line is broken, we can get in after the pullback for the next resistance. If the price is rejected from the resistance, which we expect it to, it will fall back down to the support zone.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
GRTUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the 4-hour time frame. The price has broken the resistance line and is coming up. It will most likely form a H&S pattern. If the price is rejected from the resistance zone, it will fall down to the support zone. If the support zone is broken it will fall further down.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
USDTEURMarket just finished 1-5 Elliot wave, hit our sell zone which was formed by a market more than a year ago. if the market closes daily candle below 0.912 which is just below our entry zone it is our point to entry.
Aroon: blue line is right next to orange one in the weekly time frame, once it crosses we are heading for a down trend.
MACD :Shows a gain in upwards momentum but it is slow to catch up, once it closes below our sell zone it will give us an entry to sell, 4h and below timeframe it's already showing a loss in momentum which shows that we are heading for a sell.
Bollinger band: we are at the top Bollinger band if it bounces and closes below sell zone we are in a clear to sell
Since we finished our 1-5 Elliot wave in the uptrend, we should get retracement to 50% fib zone, and get an ABC correction before going up.
Entry: 0.912
Invalidation: 0.925
Target: 0.86
Ratio: 1:3.6
BULL TIME FOR BITCOIN?Have the stars finally aligned? I’m EXTREMELY cautious however I can see slight confirmation that we are headed up from here. Finished Elliot wave pattern in the channel drawn above, and bullish wave followed, just scratching through that ceiling of resistance. Can we Hold? PLEASE!!!!!!
Bullish Entry: $38,700
Target $50,000
Stop Loss $38,500
*Not a financial advisor*
XVGUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the 4-hour time frame. The price is close to its first resistance and if rejected, it can fall down to the support zone which has previously supported the price. If the resistance line is broken, it can move up to the next resistance zone. We had better wait for the price to reach either the support zone or the resistance zone and then enter the trade. However, if the first resistance line is broken, we can enter the trade there too for the next resistance zone.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
AKROUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the 4-hour time frame. The price has been able to break its first resistance line. The next target would be the resistance zone above the first resistance line. It is possible for the price to hit this line and then fall down again to the support zone. If any of these two resistance and support zones are broken, the price can see new targets.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
SLPUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the 4-hour time frame. The price is ranging between the support and resistance zones. If it is supported here, the next target would be the resistance zone. For the price to go higher, it needs to break the first resistance zone and to go lower, it needs to break the support zone.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck