tradeornottrade

tradeornottrade

Top note: analysis is between neutral to slightly bearish When I compare this to previous cycles, We analyzed it correctly when the bear cycle ended. Since then we had a nice rally for months what I can call beginning rally. Which I believe coming closer to it’s end. If Bitcoin continious to mimic previous cycle, then it needs 3-5 months for...

tradeornottrade

If fractal works, Expecting 3500-3600 area to be tested, and probably previous dip will be broken downside afterwards

tradeornottrade

Planning to short ETH IF 3150 Can Not Hold TP’s marked on the chart

tradeornottrade

Please check Related idea. Expecting a Coupe of days of correction IF 47.3K can not hold

tradeornottrade

Please check the related idea details are there Expecting a çöpüme of days of correction Which night go like the white line. First to liq shorters and then the longers, finally go down

tradeornottrade

Planning to short Bitcoin IF 44.3 can not hold. Three reasons: - stockrsi daily overbought and price is stalling - horizontal resistance 44.5K area - fractal begins with yellow rectange comes to the end

tradeornottrade

Short can be considered with Betty price 30.7 Possible targets marked

tradeornottrade

Price looks keen to stat above 41.2K and Stockrsi 80 on daily. IF bitcoin manages to close a green daily candle as it is, then most probably see following big green candle like on 04Feb In case daily fails to close green and 41.2 does not hold then a correction for couple of days can be expected( to me lower probability)

tradeornottrade

Tightened a lot above 38.9K and needs to breakout of its triangle eighter way. Probably up Important resistance 39551

tradeornottrade

As stockrsi on 4h weakens Waiting for the confirmation breakdown of 42K, and ready to short targets: 41.2~ and 39.7K~

tradeornottrade

IF bitcoin holds above 38914 then rsi 40 claiming back would be confirmed. Goes like green IF 38.9K fails, not only goes like pink. But also h&s daily would be forming which might point much lower supports. I’m slightly in favor of holding above. Have plan for nota scenarios

tradeornottrade

IF 43.8-43.3 area fails to hold; short position can be considered

tradeornottrade

IF 38.2K-38.5K area cannot hold the price, that would be the confirmation of daily ma20 and daily rsi40 rejection In this case short position can be considered targetting lower supports even LL’s

tradeornottrade

When I checked previous correction, saw a similar price action. Removing all indicators and have a look raw price action in this analysis. To me the breaking point is 35.7K for fractal(if valid) to be triggered. Possible target 32K~ Holding above 38K will be the confirmation of invalidation

tradeornottrade Updated 

According to our analysis there are three scenarios A: bull flag on 4hr will be triggered right away by breaking 51.2K. Target is 53.3-53.7 area B: fake bart: if 49.6K broken then 49.3K holds. Same target of bull flag. B-2: Alternative continuation of B way. if 49.3 does not hold then the target 48.4 to complete h&s

tradeornottrade

In the big picture, FIL is back in accumulation zone (marked with purple rectangle). Staying above accumulation zone AND Closing/holding above weekly RSI 40 will be the confirmation of the start for the run. “Conservative” targets are marked on the chart up to 2.3x

tradeornottrade

If Matic breaks and holds above the purple resistance then cup’s target is 2.56 and flag’s target is 2.95

tradeornottrade Updated 

Bitcoin is coming to an end of its retracement. STOCKRSI daily oversold CHECK, 9 Daily bar drop completed CHECK, MA200 daily supported CHECK, bottom hammer candle with a volume CHECKISH?? possible target ribbon 47-49K Bitcoin 47-49K bandı hedefli dönüşe hazırlanıyor