Bitcoin next move imminentBitcoin Fear and Greed Index is Rising which means bull is showing some buying pressure.
But, most of the top traders are short as with the upcoming Bakkt futures
Xbtusdshort
Maybe it will, maybe it won'tlets see how this pans out
*update* - wrote this 3hours and abit ago but didn't hit the confirm posting...
BITCOIN - the power of Fed Jerome PowellDominant Direction : Short
Reason for open position :
- S/R Flip
- Strong Support broken
- Seems big player has take profit
Note : Dominant Direction will be invalid if we break 10401.5 (Stoploss)
XBT ShortPosición en short con un stop en 10.600, esperando importante retroceso.
TP1: 10.100
TP2: 9.200
will the BTC price drop to 4200$ after a BiG head & shoulder?!!!btc price broke big neck line and now is doing pull back to neck line and then it will start a new downtrend.
is it true?
if this pattern be true next target is in 4400.
please follow me on twitter @adelteimouri and share your opinion with me.
tnx
Bitcoin - "Dump Aversion" The Silent Trader KillerDon't be a moon boy, look for all probabilitys
Look my old charts about Bitcoin, and u'll see.
3 points to look!
@Red Line -
@Yellow Line
@Green Line
BTC Weekly Idea Long Term SpeculationHello Friends,
Short recommended with stop loss around 11750
Longs or profit targets are the 7750 and around 5800 levels.
Be safe
BITCOIN what it makes as to decide the Short Here LBLS_Bot Here is the very simple analysis without using no drawing , no marking .
With only using two key analysis .
Analysis in 2H time frame .
Applicable for all BTC charts like BTCUSD,XBTUSD,BTCUSDT etc.
1. LongBuyLongSellIndicator
2. Volume.
LongBuyLongSellIndicator :
Look at the 8 candles from the chart (Blue ) it clearly shows price is not able to move above .
Every candle is making weaker low.
The last candle makes the bearish engulfing here.
Volume :
Closely watch the volume of last 8 candle , it is not that great ,it is declining.
When price is declining and the volume is declining it is a chance of getting great fall.
Any time the fall will occur from this level.
10500 could be the SL point. second SL point is 10800.
Target point shall be 10000.
The script that is used for the analysis is given below .
Like !!! comment and Share if you like !!!
Look at the 1hr it is already started the downtrend:
#BTC #D1 The picture is rather dumb. Closing the day below 10k will open the way to $ 9500.
Now the price is going down more than the momentum, and the last time before the growth was the opposite. This is a bear sign.
How much time do we bounce off 10 thousand?
I thought it turned out I had 17 times, this is only on the daily timeframe)
Interestingly, the level will withstand the pressure of the bears?
BOOM! Let's see the 4-hours chart from my scenario No.1hope you guys are ok
let's see the 4-hours chart from my scenario No.1
In my case, since July 23, I have analyzed the bear market and now bears are so strong than bulls
First of all, if the bull market looks so good to keep going, they had to save the 10400 support line. but it was broken.
last support line is 9800~9700 for a bull market that number 3 in this chart.
daily trading is so dangerous these days.
so patience, waiting for a relief bounce.
XBTUSD Market Structure Analysisif you have your market view, please share it in comments
Also you can ask me questions...
Have a great day everyone!
BTC Decision Time - Weekly FibsIf we can't break and stay above $11,500, I would start looking for support and possible longs around $10,600.
If we break and stay above $11,500, I would look for longs and target $12,071 as first resistance.
It's chop-city right now so play safe
BTC FibsBounced off the 0.5 fib at $11,500. Would like to see a push back up and clean break of $12,071 to remain bullish.
Is 11900 The Top? 11900-12100 servers a a temporally resistance level. Which also looks like an ABC correction. We will see if this level will be a strong enough retracement to get a potential pullback down to 6400.
WHAT DO A MEGALODON IN BITCOIN IS DOING RIGHT NOW?!!Welcome back everybody,
Our first target at $10654 has been hit, bringing us 12.54% profits.
Our second target at $10900.has been hit, bringing us 15.69% profits.
Next supply zone is around $10363.
If we can break above $11,100 - I can see a really volatile move towards the $12,137.
Thanks for the support Megalodons.
I appreciate you all!
Let me know what you think about Bitcoin :)
HAVE YOU SEEN THE BACKTESTING RESULTS ON THIS INDICATOR YET? IT IS 98.75% PROFITABLE
~Bo
Megalodon Trading
Enlightening the modern investors
looking at the big picture using btc bull historyI'm basically waiting for price action to rise above mentioned moving averages on the 4hr chart,and then making a large move upward. However If we break above those moving averages but have a short lived breakout above them, and we start to reverse to the downside. I believe we are going to be very bearish. However if we recover above the averages and make a big move up and repeat like the last bull market, i will be very excited to see where this bull market takes us.
With that said, how are you all leaning? Everyone is saying 8500 but i wouldn't be surprised if btc makes a move up while everyone is waiting for 8500. We hit 9100 which is pretty close to the price everyone is watching, chances that we hit the target all eyes are watching might not be very good. btc may be making a double bottom and move above mentionsed averages in the future. lets see how it plays out.
check out my links below and use them if you'd like, they help me a ton thanks.
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thank you all and have a great time trading.
