The pain of retail investorThe trend seems to accelate for the retail long possitionong. Let's wait for it to be decimated and buy it back right then.
XBT trade ideas
BTC shorts: a useful tool to anticipate potential tops & bottomsI just recently found this tool useful in timing the approximate time to be ready to sell or to buy BTC. If you backtest, it predicted correctly the 64k & 69k tops. However, during the 29k bottoming process, there was so much pessimism that the shorts continue for a while even after bottoming. But then there was already volume of buyers so BTC went up & the shorts again fell after confirming the reversal.
The whole month of April 2022 saw BTC falling consistently from key resistances. We may see the same thing happen again in May according to this chart. We have not yet seen the elevated levels of shorts yet inside the box.
A good time to start accumulating may come in end of May or early June when it reach the top of the consolidation box (0.618 Fibo) awaiting reversal or even to BO for even more shorts. (Remember “Sell in May & Go Away”?)
In case of BO & holding above box, we may see parabolic selling of BTC going into early June but the BTC bottom-reversal will be fast once sentiment changes from bearish to bullish anytime within June to July.
Approximately August may be a potential time to sell when the bottom of box is reached once again where everybody seems bullish & shorts are again at its lowest. (Be a contrarian)
Not trading advice
BTCUSD PRICE ACTION ALLI will make the right decision according to the movements on the chart
On a small scale it is currently being formed
LL and LH
Due to the breaking of these levels, we can touch higher targets
But if we continue to the bottom floors and ceilings
And even below 34,500 and even below 32,900
I think so
MA 200 weekly timeframes in the range of 22-23 thousand dollars
It is moving
I'm still hoping on a larger scale
Go back to the market and start raising the floor and ceiling
And so on when resistance 42 and even 48 is broken
ATH I'm optimistic
The bull is not finished for me yet
I was always in the bear market, especially at $ 69,000
But now I have a positive opinion about being climbed and high movements
There is a lot of fear in the market
BTCUSD PRICE ACTIONI will make the right decision according to the movements on the chart
On a small scale it is currently being formed
LL and LH
Due to the breaking of these levels, we can touch higher targets
But if we continue to the bottom floors and ceilings
And even below 34,500 and even below 32,900
I think so
MA 200 weekly timeframes in the range of 22-23 thousand dollars
It is moving
I'm still hoping on a larger scale
Go back to the market and start raising the floor and ceiling
And so on when resistance 42 and even 48 is broken
ATH I'm optimistic
The bull is not finished for me yet
I was always in the bear market, especially at $ 69,000
But now I have a positive opinion about being climbed and high movements
There is a lot of fear in the market
BITCOIN - DOUBLE TOP FORMATION#Bitcoin in a typical double top chart pattern
This week we broke the neckline which suggests the market should be trending towards the next support at $30,000.
Will $btc respect this or not?
Time will tell...
Long term view on Bitcoin pricePutting this Wyckoff Reaccumulation Schematic into weekly Bitcoin price chart. This make more sense with institutions coming into the space, there are more parties that have stakes in this space. On chain analysis and price models failed miserably because the paradigm has shifted. There will be no more exponential price of BTC going to 1 million united states fiat dollars I believe, but an extremely volatile ranging price (for now) and slow steady uptrend (for the next few years). I expect 30k - 60k to be the range for now (might even go below 30k in near future). See you in few years where I collect clout
Last Support for Bitcoin$33.854 is our last support, if this support is broken we will have broken a huge 5-year trend and unfortunately we will be heading towards our $22K target without a relief rally. I still think that we will return from this point and make $52K first and then go to $22K...
Bitcoin Roadmap Chapter 5Bitcoin just reached to 200 daily moving average and also the D point of multiple harmonic patterns ! In these prices we see lots of long analysis after the moving average is violated , but I think this is a good place to take a small short position and reduce a little bit of other open long positions that I have , such as Hbar or Doge , see the analysis in description.
Good Luck !
Getting back too charts after 12 months off XBT ideaLooking at on of two market movement scenarios depending on open interest and market structure coming in too a squeeze looking for an impulsive move in either direction.
bullish BTC TREND WH@LES ON THE HORIXONMysterious Bitcoin Whale Buys $71,000,000 in Bitcoins in a Week. The third largest Bitcoin (BTC) whale in the crypto world continues to feed and make massive purchases Bitcoin. Data-tracking website BitInfoCharts says this same whale is the largest non-exchange entity in existence, acquiring a staggering 1,800 BTC in the past seven days.
Bitcoin is currently trading at $39,854, adding BTC to this whale's wallet with a total of $71,737,200. The total contents of the wallet is 125,552 Bitcoin, worth approximately $4,999,829,118. The unnamed wallet has been busy with a colossal food tourism this month, including scooping 2,822 BTC for more than $117 million last week.
As mentioned, the wallet shows a general trend of buying Bitcoin in the hundreds and then occasionally sending 1,500 BTC to wallets affiliated with US crypto exchange Coinbase.
MicroStrategy Announces Purchase of 4,167 Bitcoins
© Provided by Crypto Guide
MicroStrategy Announces Purchase of 4,167 Bitcoins
The whale has been very active throughout 2022 after a relatively quiet fourth quarter from last year.
Popular crypto analyst Benjamin Cowen noted that the whale appears to trade BTC when it is in a certain price range, buying dips and selling local highs.
Bitcoin has been slowly declining since the rally.
Very Bullish There's a chance that
@Bitcoin
will rise and be rejected at the major resistance if we don't hold the green support line
BTC BULLISH SETUP We are going long here , the market is in a stop loss hunting structure and it will be bullish soon
Entry ≈ 38000 38400
Targets : 39300 - 40200 - 41800 - 43400 - 45600 - 48700 - 58200
Stop loss : 37112
Worthy for 10x leverage
2022-04-26 (344)
Copycats don’t deserve to be on the front page..!Some people Thinks if they stole others ideas and change the color it will become an original analysis..!
And some fools picks them and reward them..!
These are my bitcoin analysis published between April 13-23:
April13:
April 17:
April 23:
Now look at the front page of TradingView..!
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.
RIP Bitcoin - Eternal Rising Wedge - Go on a holiday tradersThe most lame ass longest rising wedge in the history of Bitcoin. Nothing is gonna happen for many many months. Just go on a holiday and hodl and save your crypto for next year.
BTC.USDTI think we will have a right shoulder up to 60000-65000
and will move towards 17000 by completing the pattern.
ultimate comboi won't go into specifics, yet. let it come to you in about 3 days or less. but, each line is a resistance point. first line is worry. second line is panic. thrid line is freak out and consider closing.
overall, the tip of each specific line , acts as an infinite line on your chart as if it is acting like a updated arrow of where the direction is going in the near future . (play around a bit, for example, if all tips of the arrows , point down, direction is down. if all three tips of the line point upwards, direction is upwards; wideness; right angles;who's on top; and much more)
i'm not accounting the other factors.
most important is, the red line . the red line is the direct direction of the right now.
the blue line is most important. the farther away from the red line, the stronger the direction.
the middle line (can by any color throughout range/switch-ups/reversals, can act as the first main real resistance of where price needs to push through with confidence in order to break trend and shoot for the third line (which most times can be the blue line in heavy trends)
BTCUSD fa_traders1From the point of view of Price Action
We can see the upper floor and ceiling in the lower time
And even in higher timeframes we can have this view
If 34-33 is broken downwards, this view is violated
BTC - DOWN?This is one of my two BTC plans.
With this scenario, BTC will go down in the near future. Because wave (i) might be about to complete, it will be followed by correction (ii) and will continue to go down.
the big short!!just some trend analysis , looking to come down to 20-25k zone before a build of to next halfing in 2024
ETF approval could flip all of this and push us up
Bounce from Lower Band of the ChannelAlthough Bitcoin does not currently bounce from the lower band of its newly formed channel, it seems that it will exhibit a steady rise towards the upper band of the channel in the short term. Although the daily and weekly stochastic relative strength index shows a negative stance, the 1-hour and 4-hour stochastic relative strength indices seem to indicate the expected rise in the short term. We are currently stubborn above the 200 hourly simple moving average and h/200ma will support us if we hold this level.
BTC Pitchfork Support and ResistanceInteresting view of BTC and support resistance on a weekly chart using the pitchfork.
Bitcoin LONG vs SHORT! THIS COULD BE ITHey there,
tin this chart we can see, that when longs and short both decreased a short term uptrend was the result.
We can see it in the rectangles in the purple areas.
The white line is BTC. The red line are the shorts to visualize it more visually.
The verticals show the points when btc longs AND shorts both fall down- this happened 3 times.
Stochastic & normal RSI are at an oversold level, this is a bullish indicator as well!
Anyway, I hope you enjoy this observation and it feeds your technicals analysis with more data.
Have a nice day,
Have a nice day,
Roman
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Focus on the journey, not the destination. Joy is found not in finishing an activity but in doing it.
Hope you enjoyed it as I did reflecting on this one…you can follow me if the content pleased you :-)
Feedback would be awesome
BTC in Bullish zoneBtc now joined the bullish zone. Here's the signal, and entry anywhere between the targets
Targets 41400 - 42800 - 44000 - 46720
Stop Loss 38200
Leverage : 5 -10x
