"The Bear Case"Real quick,
If the top is indeed in(which i'm not saying it is), I would expect a decline to around 10k on Bitcoin (could go as low as 3k).
The path that it takes to get down there is still unclear, but it will become very clear as more data presents itself.
---
I'll be 100% honest with you all, i can care less about which direction the market goes. I make money in either direction, and have 0 attachment to either side.
There is an infinite amount of possibilities in the market, and this is just one of thousands.
Don't use this post to make any kind of financial decision, for I am not a financial advisor, and this is not financial advice.
Do your own research, make your own decisions, and approach the market with your own unique strategy.
Just because i am bearish right now, does not mean that you too should be bearish.
This is merely a theory, based on a hundred different factors that are currently at play in the world.
🥂
XBTUSD
Bitcoin Analyze (Double Three Correction)!!!Hi, Bitcoin wants to complete its main wave 4 by Double three Correction. It was able to pass microwave W & X with Zigzag Corrections. The Structure of microwave Y can be Flat/ Triangle / Zigzag. Also, I tried to show you the targets of the end of microwave Y or main wave 4 in my chart.
Bitcoin Analyze ( BTCUSDT ) Timeframe 1H⏰
Where is the end of main wave 4 ❗️❓
🎯Target🎯: 32270$ until 31700$ (More Possible)
🎯Target🎯: 33880$ until 33320$
🟢Heavy Support zone: 30580$ until 29100$ (Support + Cluster of Fibs + Important Support Line)
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.
Bitcoin (BTC) - May 20hello?
Traders, welcome.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(BTCUSDT 1W Chart)
Resistance: around 38150.02
Strong support: 27033.35-29812.52
The key is whether you can get support in the section 27033.35-29812.52.
From a mid- to long-term point of view, it needs to rise above 40K to continue the uptrend.
(1D chart)
Primary resistance: around 32259.90
Secondary resistance: around 35045.0
Strong support: 27033.35-29812.52
- 28923.63-29812.52
- Around 27033.35
In order to transition into an uptrend, it needs to find support and move upwards at the 32259.9-35045.0 section.
Accordingly, the increase in trading volume (over 88.696K) should continue.
The next volatility period is around June 5th.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
a bearish glancetaking a look at this whole picture from a bearish perspective, just to entertain the idea.
looks fairly clean to me, the whole vibe of this downward move.
it wants to continue in my opinion.
the 4h hidden bear, the triple lower highs, quadruple delta divergence, stacked order book on the sell side; the weak alts.
all of it.
this might be just a little pitstop for a re-distribution phase before further mark down.
---
i'm not saying this is what's going to happen, just entertaining the possibility.
✌
btc 5-19 update ~good afternoon peoples,
btc isn't looking so hot (yet again).
was hoping for enough momentum to come into the market for the move up which i talked about yesterday, but the momentum never came.
currently seeing about 7 bearish signals on numerous timeframes, which indicate short term downside in the days ahead.
---
still looking for that move up, but it'll come a bit later than expected.
Bitcoin Analyze (Road Map)!!!🗺️ (Update)Bitcoin moved as I expected; it was able to complete its microwave 3 at 26700$ (Near the important Support Line) & makes the Morning Star 💫 Candlestick. For now, Bitcoin is on microwave 4, and the targets 🎯 of this wave can be around 32020$ and 33870$.
Bitcoin Analyze ( BTCUSDT ) Timeframe Daily⏰ (Log Scale)
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.
Bitcoin (BTC) - May 19hello?
Traders, welcome.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(BTCUSDTPERP 1D Chart)
Primary resistance: around 32275.6
Secondary resistance: around 35280.2
Support: 27054.1-29840.6
The 27054.1-29840.6 zone is an important support and resistance zone.
The key is whether the 27054.1-29840.6 zone can support and move up.
To convert into an uptrend, it needs to move above 32275.6 to find support.
(1h chart)
** A short-term response is recommended as sharp movements are likely to occur on the 1h chart.
The section 28951.7-29840.6 passes the CCI -100 point.
Therefore, it is important to keep the price above the 28951.7-29840.6 interval.
However, since the 27054.1-29840.6 section is a strong support section, it may temporarily touch the 27054.1 area and rise, so careful trading is required.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
BTCUSDT bearish break of triangle pattern, price to move lowerBTCUSDT
price made bearish breakout of the triangle like pattern, after a pullback if price shows rejection, I expect the price to move lower..
Trade Wisely
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Bitcoin (BTC) - May 18hello?
Traders, welcome.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(BTCUSDT 1W Chart)
Resistance: around 38150.02
Strong support: 27033.35-29812.52
The indicators passing through points 32259.90 and 35045.0 are inverted.
As a result, volatility may occur around this interval.
The key is whether you can get support in the section 27033.35-29812.52.
From a mid- to long-term point of view, it needs to rise above 40K to continue the uptrend.
(1D chart)
Primary resistance: around 32259.90
Secondary resistance: around 35045.0
Strong support: 27033.35-29812.52
- 28923.63-29812.52
- Around 27033.35
In order to transition into an uptrend, it needs to find support and move upwards at the 32259.9-35045.0 section.
Accordingly, the increase in trading volume should continue.
When passing the 32259.9-35045.0 section, I believe that the volume should continuously occur above 88.696K.
The indicator corresponding to the -100 point of the CCI indicator is rising from 7354.11 to 29287.05.
Therefore, if it falls below 29287.05, there is a possibility that it will turn into a downtrend, so you need to trade cautiously.
Taken together, the 27033.35-29812.52 section is an important support section.
The next volatility period is around June 5th.
------------------------------------------------------------ -------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
"the bull case for btc"i'd just like to start this off by saying,
there is a guy who bought eth at $100 back in the day,
the other day he sold off his entire position, and stated "i have had enough with this ****** bear market". (lol)
this is the kinda signs i look for before we have an imminent reversal to the upside.
-----
all of the anal-cysts who were calling for btc 100k back in the day, are now calling for btc at 20k.
the bulls have turned into growling bears,
and the bears are swimming in tendies.
everyone and their uncle wants bitcoin at 20k,
the rich dad poor dad guy is saying hes gonna go all in at 17k,
michael saylor is sweating, contemplating his decision making skills.
the og bull are capitulating,
and there is terror on the streets.
-------
this is when i come out and say,
when the majority of the market want something to happen,
the market tends to throw a big middle finger at them, and does the exact opposite.
i'm entertaining the idea that the bottom is in, and no further downside will take place.
(possible raid of the local lows to take out the long stops, but no 20k will be seen in 2022).
the immediate upside target sits at 130k for the fifth wave, and it will come quicker than you'll have the chance to even blink.
one day you'll awaken and see bitcoin up 10k, and the next day will be another 10k.
before you know it, it's christmas eve - everyone (including santa) is talking about bitcoin going to 500k, and that's when the real top will be in.
🥂
ps. your boy called the top,
and he's about to call the bottom.
leaving a few posts down below, feel free to feast on them.
big cheers to you if you've made it this far 😎
ps. i am very long.
Bitcoin (BTC) - May 17hello?
Traders, welcome.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(BTCUSDTPERP 1D Chart)
Primary resistance: around 32275.6
Secondary resistance: around 35280.2
Support: 27054.1-29840.6
The 27054.1-29840.6 zone is an important support and resistance zone.
The key is whether the 27054.1-29840.6 zone can support and move up.
To convert into an uptrend, it needs to move above 35280.2 to find support.
(1h chart)
** A short-term response is recommended as sharp movements are likely to occur on the 1h chart.
The section 28951.7-29840.6 passes the CCI -100 point.
Therefore, it is important to keep the price above the 28951.7-29840.6 interval.
However, since the 27054.1-29840.6 section is a strong support section, it may temporarily touch the 27054.1 area and rise, so careful trading is required.
A weak volume profile section is formed over the section 30971.3-34813.3.
Therefore, it needs to move above 35280.2 to continue the uptrend.
------------------------------------------------------------ -------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
btc 5-16 update ~good evening peoples,
i don't really have much to say.
the plan remains the same; downside target sits between 22~23k.
was able to find 7 points of confluence which align in that zone - they will act like a magnet until that target is met.
the reaction from that zone will be the key to predicting what comes next.
cash is king during these times 👑
BITCOIN TO $20K IN 2022-2023, LIFETIME OPPORTUNITY!! Here we go again...
BTC doing good because is accumulating at these levels but its not enough. We could go up to 35k first, after that we will go to 20k very possible!
Don't worry, everything is okay, we need go lower and buy there as much as we can :)
BUY AND HODL, DOING DCA, BUYING DIPS AND MARKET TIMING...
GOOD LUCK :)
Bitcoin (BTC) - May 16hello?
Traders, welcome.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(BTCUSDT 1W Chart)
Resistance: around 38150.02
Strong support: 27033.35-29812.52
The indicators passing through points 32259.90 and 35045.0 are inverted.
As a result, volatility may occur around this interval.
With the current volume above 612K, we believe the minimum volume for a reversal has occurred.
It is expected to be a week to see if support can be found by moving up to the 32259.9-35045.0 section.
From a mid- to long-term perspective, it needs to rise above 40K to continue the uptrend.
(1D chart)
Primary resistance: around 32259.90
Secondary resistance: around 35045.0
Strong support: 27033.35-29812.52
- 28923.63-29812.52
- Around 27033.35
In order to transition into an uptrend, it needs to find support and move upwards at the 32259.9-35045.0 section.
Accordingly, the increase in trading volume should continue.
When passing the 32259.9-35045.0 section, I believe that the volume should continuously occur above 88.696K.
The indicator corresponding to the -100 point of the CCI indicator is rising from 7354.11 to 29287.05.
Therefore, if it falls below 29287.05, there is a possibility that it will turn into a downtrend, so you need to trade cautiously.
Taken together, the 27033.35-29812.52 section is an important support section.
The next volatility period is around June 5th.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
dead bull bounce.a "dead-cat" bounce is a temporary recovery in share price after a substantial fall, caused by speculators averaging down on their losing positions.
but a wise man once said, "the market can stay irrational longer than they can stay solvent".
----
there's a lot of leveraged longs in this market right now - for every 1 short there are 15 longs.
eventually, high leveraged longs (who weren't willing to take a loss along the way) will run out of money \ won't be able to average down on their losing positions anymore - this will cause an exaggerated wave of liquidations in the crypto space.
i foresee this capitulatory event approaching in the near horizon.
----
primary wave 4 target = $22,000
Are we about to turn Bullish? | BTC The daily trend of bitcoin has not changed just yet but a daily close above 32658.99 be our indication to start looking to go long
Wait for the pullback to 30243.00 before looking at any entries to go long. While the market could break out you don't want to chase on the push phase of this potential turning point
Confluence support came on the 12th of May when we saw our aggressive absorption candle highlight the aggressive buying behaviour with buy-side support at 27585
Stay safe and Happy trading!
Don't forget to leave a comment below
Bitcoin (BTC) - May 15hello?
Traders, welcome.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(BTCUSDT 1W Chart)
Volume rose over 612K, which was above average.
However, I think it is still not enough to reverse the trend.
Volume is expected to rise above 1.224M for an opportunity to reverse the trend.
(BTCUSDTPERP 1D Chart)
Resistance: 35280.2-38200.0
Support: 27054.1-29840.6
The 27054.1-29840.6 zone is an important support and resistance zone.
Therefore, if it falls below 27054.1, there is a possibility of a sharp movement and a touch near 21481.1.
These moves are likely to be temporary and are expected to rise above 27054.1 again.
The key is whether the 27054.1-29840.6 zone can support and move up.
It needs to move above 32275.6 to find support in order to turn into an uptrend.
(1h chart)
** A short-term response is recommended as sharp movements are likely to occur on the 1h chart.
It's a good idea to check which direction you're heading off the 28951.7-29840.6 section.
A move above 29840.6 is expected to trigger a breakout attempt to move above 30971.3.
At this time, if the breakout fails, there is a possibility that it will fall to around 27054.1, so careful trading is required.
A move above 30971.3 to find support is expected to lead to further upside.
If it moves below 28951.7, we should see support near 27054.1.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
You can't handle the danger zoneWe're on that highway riding the line to the high heavens or down to the depths of goblin town. Choose your own adventure!
1. Nuke the economy and Russia and everybody dies
OR
2. Bleed out the criminals that run the government with hard work and sweat and tears and powering through the tough times. Go long, baby. Go. Long.
/play; Highway to the Danger Zone.mp3
Revvin' up your engine
Listen to her howlin' roar
Metal under tension
Beggin' you to touch and go
Highway to the danger zone
Ride into the danger zone
Headin' into twilight
Spreadin' out her wings tonight
She got you jumpin' off the deck
And shovin' into overdrive
Highway to the danger zone
I'll take you
Right into the danger zone
They never say "Hello" to you
Until you get it on the red-line overload
You'll never know what you can do
Until you get it up as high as you can go
Out along the edge
Is always where I burn to be
The further on the edge
The hotter the intensity
Highway to the danger zone
I'm gonna take you
Right into the danger zone
Highway to the danger zone
Ride into the danger zone
Highway to the danger zone
I'm gonna take you
Right into the danger zone
Highway to the danger zone
Ride into the danger zone
Highway to the danger zone
I'm gonna take you
Right into the danger zone
Highway to the danger zone
Ride into the danger zone
Highway to the danger zone
I'm gonna take you
Right into the danger zone