XBT trade ideas
BTC What are you up to?Since we are still hanging and clinging above 30k, I am returning back to this idea where there is still slight chance of heading up without the leg-down first. If we go past 36k one more time I am convinced that there wont be no leg down anymore. I feel obligated to post this as I was sure of the leg down a week ago.
Bitcoin Index ($XBT) Analysis by imRedaSouhail#Bitcoin Index $XBT Analysis🧩// Head and Shoulders.
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Bitcoin is still Bearish📉 A head and shoulders pattern is a chart formation that appears as a baseline with three peaks, the outside two are close in height and the middle is highest. as technical analysts, a head and shoulders pattern describes a specific chart formation that predicts a bullish-to-bearish trend reversal.
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Bitcoin index may get a bullish correction to retest its previous Broken Neckline and we might see it act as a resistance level for The $XBT index.
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ISMASHPROFIT 💎
Bitcoin Trade Idea for July 14th. If Bitcoin has put in the low for the week, then possibly reversal up to $35,000. The past 5-6 weeks the wicks on the weekly candle have been pretty big, so if we are following the same as last 6 weeks, should get a move up. Break lower would most likely be big BITMEX:XBT downside.
Bitfinex BTC Long/Short ratioThere are about 3 times as many longs as there are shorts.
In the 2018 bear market, the 3.1 ratio has been the top, in the bull market, this ratio has been the bottom.
Current shorts feel like a proper reset for a later continuation of the bull cycle.
I am expecting moves to the upside when the Bitfinex whales are going to send it.
Bitcoin traders are very, very longThe amount of leveraged long interest in BITSTAMP:BTCUSD is at a record high. There is a tremendous amount of Bitcoin on leverage betting on Bitcoin rising. This also means that there is a large potential for a cascade of liquidations if price begins a down move.
I put the probability at 50/50 up or down outside of this consolidation. The character of the breakout is something that I have the highest of confidence... it will be massive. The side with the greatest reward to risk at this point is the one that stands to trigger the most liquidations.
Bitcoin back to 19k SoonPrice is morphing in an accelerated running triangle. However please note that price "may" expand beyond the boundaries of the proposed triangle which will probably form into a bigger triangle.
Either way my eyes are set at 19.9k- 19.8k USD per 1 chinese bitcoin
Will keep you guys updated
Cheers
July 13th 2021 Bitcoin teams up with the bearsHey guys,
I'm 1Percent and I will be your companion from now on to achieve the top 1% and share quality information such as investment mindset, strategies, stocks and crypto technical analysis .
Now let's take a look at the Bitcoin chart which could help us look at the general direction of the crypto market.
Bitcoin is respecting very nicely the levels that I marked down. It went into the resistance zone then rejected hard and closed below the Monday Range low.
As I already said. The weekends can fog your decisions due to its volatility.
Today, we formed a new Monday range and this range will probably decide our general direction of this week's crypto market.
Since we are consolidating for a pretty long time now, I expect bigger volatility in the coming days which will decide the winner between the fight between the bulls and bears.
I marked the possible scenarios and the levels that we have to claim (as a bear and bull) to have the high ground.
TBH bitcoin looks heavy and its a bit more clear on the weekly so I'm personally rooting for the bears ;)
Stay safe out there and always keep your stop losses if you're trading.
Keep your dreams real.
1PERCENT
BTC-USD Shorts getting involved againInvestors waiting for Grayscale premiums Unlock Week
July 17, 2021 Be aware
Posible Volatility chart strategyAs we can see from the chart when volatility breaks the support trend line it tends to fall to 2.47 mark.
When it does in a bear market, first touch (blue vertical line) of 2.47 mark signaled the short trade and the second touch signaled the long trade.
In a bull market as we can see both touches signaled the long trade.
My strategy is to buy first signal with tight stop loss and second all in :)
Let me know your thoughts.
Cheers and happy trading
LQQK~~!! Most simplest TA prediction when BTC will MOON again...First a bit more down to 31.5 - 32.5k zone. Then up to 36k - 37k zone. Then DUMPENING to around 19.5K - 20.5K Zone. Long Consolidation. Then HEAVY MOOOOON UP UP UP UP !
I am the BTC Seer and I see what BTC will do.
BTC on Crossroad -UPDATEBitcoin broke the important zone on the Pitchfork, so adjustment was needed for more Support-Sesistance(S-R) zones .
Chart got more noisy, but trust me ,it's worth it.
The Bigger Pitch fork which is the downtrend from 65K, pitchfork that crossroads are also pivotal points for high push in market movement, wether upside or downside.
The broken level on the white trendline will act now as resistance if price continues higher from here.
Expect a bounce as a swing trade, as for now on the 4HR candlestick Bitcoin is testing waters of the market being kinda stable so far on this candle, use steploss in case. Im waiting for ocnfirmation not going on any trade for now.
In case Bitcoin breaks the key level violet rectangle in which is on when this idea is published, I expect more downside if Bitcoin fails to hold 30-32K.
Stay SHARP and don't hurry on trades for a small percentage number.
BUY in the right time-frame and HODL = Crypto making you Money without over stressing on wild movements on short term.
THIS IS NOT FINANCIAL ADVICE!
Do not partake on any trade based upon this idea.
A 'no-no' if leveraged one
Do your own research and follow your logic before emotions after coming on conclusions.
TRADE SAFE <3
Check out the previous linked ideas published
Appreciated if you hit the like button to show support.
If any of you got on any profitable trades based upon previous ideas, congrats on pivotal points published trades with huge gains without even using leverage .
TRADE SAFE
btc short increase past 3 days bitfin chartles go bulls
rekt these bears
put your horns where the sun dont shine
July 10th 2021 Bitcoin to Hey guys,
I'm 1Percent and I will be your companion from now on to achieve the top 1% and share quality information such as investment mindset, strategies, stocks and crypto technical analysis .
Now let's take a look at the Bitcoin chart which could help us look at the general direction of the crypto market.
Bitcoin is following the green arrow that I drew last time perfectly. There is a lot of bullish sentiment creeping up again on twitter.
Let me explain WHY we are not out of the woods yet.
First of all, we are rising during the weekends where volatility increases because of the lack of liquidity. This is why I prefer spending the weekends off the screen with my family.
Secondly, we saw a rejection on the Monday mid range and there is a huge cluster of resistance above it.
ONCE we reclaim the January mid range we can start looking for more bullish scenarios but until then I'll be looking for short setups.
I marked the important levels that could lead to different plays.
Stay safe out there and always keep your stop losses if you're trading.
Keep your dreams real.
1PERCENT
BITCOIN BIGGER PICTURE: LONGING THE SUCKER'S RALLYHey all,
Been quiet for a while pulling down bangers instead of chasing clout & farming sweet likes for my T&A ;)
(he says with a wink & a nod to the camera while doing that on twitter/youtube instead)
Anyway -here's my meta-perspective of where we're at in the $BTC Market -I'm LONG into the SUCKER'S RALLY - then flipping SHORT when I see signs of losing steam (and prev. resistance lvls, accounting for liq/stops run spike prior -don't wanna miss my ride on the way down fam).
GL HF. All just imo.
BTC going to 45K by middle august?hello traders.
BTC was/is in extreme fear & fear territory for aprox. 60 days. alternative.me
makes me think we are the last stage of disbelief.
China miners waiting till end july if they could turn machines on. "We are waiting for final decision from power station. We will wait until end of July. If power is still not restored, we will buy back hashrates. Please be patient.
Best regards", makes me think we have bottomed with hasrate, so only way is up, also chart indicating that to be true: www.blockchain.com
so:
entry: 33400-33600
tp1: as described
tp2: as described
might switched btc to some strong alts, if they show strenght. Right now im cautiously waiting in BTC
SL: 7%
lets see,...
thanks
BTCUSDSHORTS Incline 07/08/21On July 8th, 00:00:00 (UTC) we saw a surge in Short Interest just above $34K level, following a dip towards low $32K level. While making higher pivot lows, price is hovering in a consolidation zone with little to no retreat from Short Interest. This could in turn provide bulls with the necessary liquidity to produce a market shift or, "Short Squeeze" and propel price upward. Mind you we are nearly 50% off the ATH of BTC. Long-Term Trend Reversal seems to be smiling in bull's favor. Good luck to all.
[Bitcoin]: Somebody on Bitfinex is manipulating whole market!Never before Bitfinex shorts were as high as on the previous 2 peaks. Even when we had a big Crypto Market and BTC dip this year!
Thus somebody realized what kind of power does this graph hold in the eyes of traders and their followers.
So, what do they do now? They push shorts really high in an extremely short time frame spanning from few hours to few days and it's one entity most probably only!
What happens next?
After the shorts start to go up we sooner or later dump! (red)
After the shorts go down we sooner or later pump! (green)
After shorts reach peak there is a strong trend coming! (blue)
Most probably they are influencing BTC to stay in the channel and not break up or break down.
That's why it did not happen as suggested in previous posts since that kind of entity can put a position worth few thousand of BTC in order for this to be seen!
Why would somebody close them so fast and how can that entity do that on the market is probably a rethorical question but don't forget - 10000 BTC is worth around $300 mio!
Since BTC is moving down already we can expect further dip and most probably then the bounce from support channel.
July 8th 2021 Bitcoin to 27829I'm 1Percent and I will be your companion from now on to achieve the top 1% and share quality information such as investment mindset, strategies, stocks and crypto technical analysis . The power of dreaming is POWERFUL and should not be underestimated. I believe that we are in the Golden age of opportunity with crypto and I will go through this journey with you together.
Now let's take a look at the Bitcoin chart which could help us look at the general direction of the crypto market.
As I mentioned last time we're heading down. We rejected twice into the January mid range and free fell and broke the Monday range low. A rejection like this at the mid range will usually lead us to the range low and I do think we'll go to 27829 at this rate.
I marked the important levels that could lead to different scalp setups.
Stay safe out there and always keep your stop losses if you're trading.
Keep your dreams real.
1PERCENT
XBT pitchfanIf we compare the pitchfan on XBT I think 312K is the bottom we reached afte the correction. The trend is coming aup a bit, bit I suppose we will not break the 39K soon. It will took more time and maybe we have to readjust the analysis later. Right now I reccomend to hold bitcoin and not hope for the next breakout in the coming weeks. But for the loner term, there could might be the next step above 40K - if you patient.
