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Vector

Market Maker Pattern with Multiple Long / Short TradesIf this Market Maker pattern plays out in symmetry to the left side, which is more visible even on the 5m chart, then there will be several long opportunities and several short opportunities with opportunity to either reverse positions right into the next drop or retrace. There is also a large red candle on the left side, seen on linked chart of 30m timeframe, that was only partially recovered and these red candles typically always get recovered by a corresponding green candle to the right side of the chart. Thatt gives additional strength to the idea that price will return to previous high of the structure to reclain the red candle. And each of these drop and recoveries is a significant percentage move, ranging from 9% to 30% and with 20x leverage that could make for a fairly safe and profitable series of plays. Of course, these patterns don't always play out completely symmetrical, but even if it fulfills a few of the moves or does so in smaller proportion to the moves on the left side, it's still a solid opportunity due to likelihood of move to upside to reclaim red candle and then likelihood of fulfillment of at least approximate fulfillment of the markdown / drop phase of the pattern.
K
by bitcalib
1
btc origin vector and its possible wave sequenceIn my last idea I talked about of equlity between time and price on top of possible behaviour about btc' waves. when I review my last idea I found out this idea still working and I think our origin vector will be able copy in future. I prefer to hunt btc around 40k-42k that exactly pair with support line and we can see strong area of supports there. The more important point about btc's correction wave is 0.382 fibonacci of B and if you analyze the 1st correction wave you can see 261.8% extension from 59610 after we saw 38.2% rising from 53473. According these wave behaviours it is possible to see again another 261.8% extension from 51908 after 38.2% rising from 41582 and so if we lost 40k-42k trading zone we will see next trading zone around 28970-25139 base on 224-261.8% extension. My got tells me 40k-42k is strong enough to support price for another bullish mega wave up to 87k but it's not odd if we going to see that btc follows its wave pattern base on its fibonacci and going to crash near the next trading zone our suuport level. I clear important dates on my chart for possible turn and price target, also
Long
by SadeQ_Qiassi
BTC have equal time & price movingAs you see, bitcoin made an origin vector that will be able copy on future more and more (price cycle). The most important thing about bitcoin is reversal dates (time cycle). If you see trendline and our trading zones we see that cross point between them are approximately the dates of reversal and so, I think this fractal going to be repeat again as we know the most principle thing about time and price are equality and so when this happened you should have reversal on market. According these points future dates of turns will be able predict and you can see them on chart. Don't forget this point that any breakout from trendline in future is important and our stop loss will be active. Trend is our friend and we must have a friendly relationship with trend even on bearish market.
Long
by SadeQ_Qiassi
Looking for confluences for projection of a dropThe above are just areas to be aware of and is not financial advice. Having rejected of the long term trendline will we go down further. If we do what area could we reverse. Having several confluence in close proximity can assist with your Technical Analysis. Above there is an area where we have a POC, Vector Candle, trendline and that it could also retrace to the 19% as per the last time we rejected off the long term trendline. Just sharing thoughts and ideas. Trade Safe.
Long
by Frien_dd-DisDev
BTC move up if POC breaks to recover Vector The above are just areas to be aware of and is not financial advice. Currently we are being held down by two Points of Control (POCs). If the POCs are broken we could see the recovery of the High volume candle above (vector). Above that we have a Naked Daily Open and several Naked Initial Balances (IBs) which could act as resistance. Also marked on the chart are Pre New York Trading, New York Open and Close, Sydney Open and Asia Open. Trade safe Frien_dd
Long
by Frien_dd-DisDev
6