Some larp lines on XBT. Will it follow?Just some larp lines based on stoch direction and RSI div.
Will they play out?! Let's find out!
BTCUSDIDX trade ideas
A review of the post published 2 days ago..!I published this 2 days ago when bitcoin was above 21600.(it was not a public post)
the trade stop loss is updated to entry for a risk-free trade!
Best,
BTC SHORTS: a tool to approximate BTC key levels & directionBTC shorts shows that it has approximately 63% more to drop to key support. That may take BTC at least to the 28-33k level from current 20/21k before the shorts bring in a bigger correction sometime in August2022.
I do this as a hobby & not for trading advice.
BTCDouble Top Patterns
Support - Resisdance
Global risks is increasing
If I take a short position, I've to be stop at 23500
BTCUSD.. A Slow MarketIt is extremely necessary to understand that within the financial markets there is No ETA.
This means price can take however long it needs or wants. Market sentiment can be a GRADUAL process. It changes over time as fundamental economic aspects change and so do news events.
Guessing 'When' is not a good idea. Just diversify your portfolio and Trading Size accordingly.
Always Trade HVA's Lightly.
we go furthercontinuation of the previous movement.
When the level was reached and punctured, the buyer's reaction was not visible, which indicates that there will be a continuation of the downward movement.
The next zone of the buyer will be the range of $12'000-14'000.
On the weekly chart, the "head and shoulders" pattern is being worked out.
Fundamentally, the market is also still weak: there is no liquidity inflow and risk appetite.
Possible short on $BTCUSD with a re-test in 17KOn short term, I'm expecting a downtrend of the BTC. On 1D chart, we can see a clear bearish movements.
On 1h chart, I'm expecting a downtrend of the world leading crypto with a possible re-test in the area 17.500.
$BTC - Is a Double Bottom coming ?Is a Double Bottom coming in for #Bitcoin at 17K level ?
Or will Macro conditions push it away even further to the downside in terms of percentages from ATH on this Bear Market Bottom?
What's your speculative price target for this bear market bottom ?
It may happen that #Bitcoin's negative price action for now is just a retesting time-phase for the broken megaphone pattern, otherwise this is the start of downfall from a fake out occuring last week(friday+weekend)
Stay away from Longing ALTS for the short term as nothing is clear for now!
#BTC.D is increasing as well, however coming under a lot of resistances after continuously falling for days in a row
TRADE SAFE!
Note that this is not financial advise !
Please do your own reasearch before partaking on any trading activities based soly on this idea.
There is no fun time when markets are falling, especillay when Macro is on a terrible state
btcusdt bottom scenariosince market is getting comfortable thinking the last local bottom was IT, chop, chop, chop, take comfortably below the last lows, make everyone freak out, back in the 18-20k range, range for a couple of months then violent move into the 30s resistance.
Bitcoin update for bear marketwe are pretty neutral on BTC, we can range between 18k-25k
any break of this range will lead to huge crush to 14k-16k or breakout back up to 28k
CCC.io update
Bitcoin BottomBitcoin bottom is either already in or coming very soon and won't go down much further than 17k. BTC volatility index is very good at calling either the exact or general area of tops and bottoms. In my opinion, 64k BTC of April 2021 was the cycle top, not the Nov 2021 68k top, which is the price top and more likely an overextended correction. I believe this detail is throwing people off.
Bitcoin Short Term Bear, Long Term Bull-Build short position against BTC until options expire (June 30th) after this I expect downside to increase sharply
-US markets look horrific & FED tightening cycle (FED hikes, high inflation (demand destruction), Bonds already tightened market, oh yeah.. and Quantitative tightening)
To soon to call BTC bottom at $12,500 USD??
- 80% drawdown from Cycle top (April, was cycle top in my opinion, even though we made a higher high)
- Fully think FED will be forced to stop QT and quickly pivot from stop hiking rates to reducing rates
-the rate of tightening has been unprecedented > FED too late > FED hike too much too fast > we slow down to fast > FED need more liquidity in system NOW! > money printer go " Exponential BbbRRRRRrrrrrrrRRRrrr " > LOTS of LIQUIDITY NOW > up only.....(Start of Hyper inflation cycle this time????) = Bitcoin's true test? :)
BTC USD I expecting head and shoulder its in the way to be complete and I guess we are gaining to see big move after the breakout
pls support me I'm new here
I hope you enjoy my idea , cheers
Johney of little faith, ye not believeWhy you no believe me fren? Think in terms of liquidity, and all will make sense.
Possible short on $BTC, testing again 18-months low According to my analysis, the 20K area is becoming the supply zone. Bitcoin could continues its bearish trend, with a re-test in the area of 18K.
BTC USDT SHORT SWING | BTCUSDT | SHORT @ 45500 - 45000 | TP @ 44750, 44500, 44250, 44000, 43750 | SL @ 48500 | PATTERN = TRIPLE TOP BREAKOUT | BITMEX |
Swing trade idea. Kindly follow targets and stop loss. Will update with new targets once all 5 are achieved.
BTC Longs on Bitfinex are insaneBTC Longs on Bitfinex are insane.......
This time is really special. The fear in the market is completely felt, but when I look at this chart, either everyone is wrong or we have a huge growth, or what should I think about it ??
Bitcoin Leveraged Longs At Historic RecordsThis chart of BITFINEX:BTCUSDLONGS represents the total number of Bitcoin held in margin positions on the exchange Bitfinex. This is only the data for one exchange but I make the assumption that as a data point it represents the state of the trading ecosystem as a whole. What this data shows is that despite the drop in price (or rather because of it) traders have been apeing into the dip with larger amounts of leverage than ever seen before. This could mean one of two things:
Traders using high amounts of leverage will get rewarded for taking on high risk if the price rebounds
Traders using high amounts of leverage will be liquidated and create an even more rapid cascade of price decline if the price continues to fall
Time will tell... do these traders taking on excessive risk get to win? Another question: if so many people are buying to DCA and/or speculate... why is price falling?
Printing money out of bits..!I published this post privately on May 9th,2022, when Bitcoin was above 33K, now I want everyone to have access to it.
Most speculative assets in the stock market are trading below their tops before the Pandemic Crash in February 2020.
For instance:
Facebook was a trillion-dollar company on September 1st,2021, and now is a 551 Billion dollar company, almost 15% below the pre-pandemic levels.
or
Netflix which is an 80 billion dollar company was 163 billion dollars before the pandemic and surged to 306 Billion dollars!
But why did I choose these 2 examples?
First, Because the Total crypto market cap today is 1.48 Trillion almost equal to FB+NFLX at their top..! and it is -51% below its top:
The second reason was to show you similarities between NFLX and its competitors which end up very bad for all of them. increased number of online streaming providers Like Apple TV, Amazon Prime, HULU, Disney, ...etc and the limited number of users..! The same is true in the crypto world, total crypto projects were 2810 before the pandemic and now it is 10397, almost quadruple in 2 years..!
But only 300 million people around the world invested or use cryptocurrencies!
While 7.6 billion of the world's population use 180 fiat currencies, 300 million use 10397 crypto projects..!
isn't it funny???
While those who promote Cryptocurrencies criticize central banks for "printing money out of thin air", they do the same thing and print money out of bits.
There is a possibility that bitcoin and other cryptos experiencing an 80-85% depreciation which had happened twice in the past..!
Keep in mind trading crypto for the short term could be very different from the long-term outlook..!
There is one undeniable truth, there never will be a bailout in the cryptocurrency market..!
Best,
Dr. Moshkelgosha M.D
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
BTC and Risk ManagementAs you will have seen, various asset classes have been PLUNDERED amongst poor market sentiment.
As I discussed, this is an INEVITABILITY. You will not escape it and it is certainly not going away. If you were prepared BEFORE hand you will be OK. IF you were not so prepared you may be a little worried. But you can always learn and move on so that next time you are prepared.
The Markets are simply a swing of variance. What do I mean by that? Well It means you have highs, lows and everything inbetween. Your job as a Trader is to last in any times and flourish. You will deal with DD - this is NOT a problem if you are prepared beforehand. Of course this requires a plan referring to your MAX position size VS your equity. It also involves how many times you are willing to go long and where you will do so.
As you can see, if you had used SPLIT positions and DCA methods accordingly you could spread out your risk. If you do so at appropriate sizes based on the inevitable fact the market is going to swing down amongst poor sentiment, you would be able to survive it calmly with no panic at all.
So, plan your Trading BEFORE these things happen. Learn key Risk management methods as this makes up a very large part of Trading. If you do not have a plan it simply will not work.
I hope that helps. Plan AHEAD so you are not caught out.
How does smart money work? How does smart money work? You are deceived because you are stupid.
Longs on Bitfinex are growing, while Bitcoin is falling endlessly. They buy your savings and failed long positions for pennies. You trade x20, they trade x3. You can't wait a month for a 100% profit with x3 leverage, they can wait a year for a 50% profit. This is the difference that ordinary traders cannot understand. They dream of turning $100 into a million, but they don't realize that it's almost impossible. Exaggerated risk only seems like a chance, in fact, it kills your opportunities as soon as you take this risk.
I trade only by algorithms and no more than x5. Think about it!
