btcusd 1/25all signs point to the wedge having officially broken down and the price to return to the MA range (20-18k, can only include 3 indicators on free)
BTCUSDIDX trade ideas
btcusd wedge 1 hr lookas you can see, there are many signs showing a potential bearish outcome here.
Market bull has been started. now everyone is so confidentWait for Bearish Candlesticks signal then enter the trade.
Bulls:
1. Resistance broken
2. Lower high broken
Bears:
1. LHLL
2. Trendline resistance
3. Fib Resistance 0.236
4. Last time fall after 43% gain, Now again at 43% gain
5. Time cycle of 60 days rise is completed
6. Overbought on RSI
7. RSI Divergence on 4 Hour TF
Bitcoin and EEMDuring the start of the last bull run in crypto I used EEM as a leading indicator to time my trades. This served me very well as I returned over a 20x for the year of 2020. Now I will trust it again.
$20k in MSTR calls
$225 Strike 2/3
$230 Strike 3/17
$290 Strike 4/21
im long up until 28k.Can we make it to the next fib level? I have no idea, im no nostradamus. I'm an ignoramus, outrageous just trying not to get liquidated. We are however, not adding new leverage, in fact we are using the recent volume in defi to pay down our leverage. Liquidation number currently $13,000. Remember it is a huge pain in the ass to trim your leverage when the market is panicking. Going to 28k is a good number for us but we are going to take some action if we reach 24k to convert some BTC into USDC in case there is some downside that we can trim leverage with.
Bullish Capitulation A big bull who’s been holding for months sold all his crypto
He uses E.W.T and he thinks dollar ‘has to bounce’
Profit is profit and he’s a better trader than me
But this time I think he’s wrong
He’s expecting 24kish btc then a pullback to 20 or below
I don’t see a pullback till 30s
GRI 2023
NOT TARDING ADVICE
Short BTCWait for Bearish Candlesticks signal then enter the trade.
Bulls:
1. Resistance broken
2. Lower high broken
Bears:
1. LHLL
2. Trendline resistance
3. Fib Resistance 0.236
4. Last time fall after 43% gain, Now again at 43% gain
5. Time cycle of 60 days rise is completed
6. Overbought on RSI
7. RSI Divergence on 4 Hour TF
Long Bitcoin from this levelclearly breakout seen in bitcoin for EMA61, now we can c some upside from this level next emmidiate target will be 18000. which is 500 points up from this level.if this sustain and us market gives some positive signal from their market then definately bitcoin can rise towards 21000+ level.. My long term target will be in bitcoin 27000+ till june 2023, my long term stol loss will be 15500,,,we can see bitcoin around 24500-25000.
#bitcoin fails to reach channelbearish signal if bitcoin fails again at resistance.
Bullish signal if bitcoin cross the resistance.
(white bottom dash line)
RSI still overbought currently.
i tend to be Bearish on that
BTC completing right shoulderFibb retracement levels as long as we keep on being bullish:
from below
18000
18600
19000
lowest 17500 0.786
the fundamental baias that we will correct to these levels are a mix of profit taking by big players
and fear from fomos that will create the domino effect.
WARNING BTC HEAD AND SHOULDERS HI CAPTAIN OBVIOUS HERE
WARNING BTC IS PRINTING THE HEAD AND SHOULDERS TOP PATTERN
RSI overbought on daily and overbought on 30 min and others, has checked resistance and rejected...
it might go up still but it is currently in a trend reversal move, people are taking profits from the last long..
and we will collapse further
dont get liquidated
dont lose your money
think straight put a nice stop loss, and you might enjoy about 10 percent move down that you can profit from
i already got in at 21128
good luck everyone
🅱️ (₿) XBT Ultra-Bullish ConsolidationI don't what people keep saying but we focus on the charts, we read the charts and get all the information from the charts.
One can guess and say things are this or that based on assumptions but the charts make no assumptions... Here is what XBT is saying on the daily timeframe.
Straight up!
We have a very strong RSI, ultra-strong.
After the initial break that ended 14-Jan., we see no signs of a retrace instead a very strong bullish consolidation.
Slowly bitcoin continues pushing higher, more likely waiting for all the bears to short so that they can be squeezed again.
There is resistance though, for certain, at $21,488.
If this level can be conquered bitcoin can go straight ahead.
If XBT fails to break above this level, we still remain 600% bullish all the way through late March.
We will see how it goes.
In the case that it drops suddenly, as the market tends/likes to surprise, we are super safe for a higher low.
See the two arrows:
1- blue straight up.
2- black small retrace then back up.
Namaste.
BTC short squeeze looks about complete.I think we maybe have another 1K or so to go in the BTC rally. I am not short here but I plan to short somewhere around 23K with a stop loss on 25K.
Was too impatient with my longs and missed the move here, but I think we're getting into the end of the short squeeze mentioned previously.
Complex f'in pullback What kind of pullback is it? A complex one.
What reason is it complex you ask///
You see in the next episode of *redacted* manipulating the human beings
Try to get to 28k, but get back to USD, if we go below a certainWe haven't seen any pull back yet, so its tough to know where we are, the next level in the fibanacci levels is around that 28k level, so look to take some profit or cut some leverage at this point. Thanks for your consideration. Still a bear market.
BTC.USDTExactly according to the previous analysis,
Bitcoin took an upward guard from the bottom of 15,600
and formed the 4 Elliott wave
3D Engulf - Sunrise BTC-PERPWe just needed a chance and you just gave it to us, even if it reverts to a lower liquidity point prices will be more competitive in the future..
March and April will be months that will decide our future.
Always shoot at the moon.
NFA - just hopium for 2018 vibes
🅱️ Game Changer | Bitcoin Bonds | El 🇸🇻 SalvadorThis is how the game is changed.
This is how the game is changing.
This is a game changer.
El Salvador approved a new law to allow themselves to raise funds through Bitcoin-backed Bonds.
The vote went 62 vs 16, just so you know how pro-Bitcoin the El Salvador government is. They like Bitcoin more than everybody.
This is obviously the first time ever this is being done.
El Salvador's president and government must have some seriously smart, wise and financially advanced advisors. Who's advising them?
Must be the smartest people in this world.
They intend to raise funds to a build new town called Bitcoin City as well as to buy Bitcoin (fair enough) in order to take advantage of the upcoming bull-market and share the profits with the bondholders.
We are sending our best wishes and good vibes to these people and wishing them the best possible kind of success.
We love you and hope you guys do great.
Keep up innovating and the great work.
The world is watching and will absolutely follow.
Thanks for being first.
Namaste.
"BTC" Pattern Analysis TheoryWith the market still moving on the downtrend, here's my current analysis
"BTC" Pattern Analysis Theory - UpdateHere's an Update on the last T.A. of BTC from December 6,2022
From my Analysis a Bullish Divergence was seen on the Daily Chart Leading to a possible trend shift.
The Bias was Confirmed today
BTC: WATERSHED MOMENTTLDR:
. A possible hidden bear divergence at critical resistance.
. CPI release might drive the price all the way up to the golden pocket above.
. Reclaim the range low with consolidation after breaking above the diagnol, and then range low will be a decent bid.
. Close the current candle below the golden pocket down below (white) and new lows are likely.
. Hands-off for now and waiting for this candle close to determine the possibilities ahead.
