Hi friends, are you shorting? Is it the right time or do we need to wait, the weekly looks good, the trend is strong, anyway the MFI is still low, the RSI MA is also low, isn't it more necessary to wait for a retest around 47500-48000? Let us know your thoughts on when is the best time to short
Don't panic, this was expected. It's not the end of crypto, it's just a healthy correction that we need once and a while to justify a rally in the future. Price cannot always go up even though we wish it was that easy. What is on the charts? (3 steps) 1) The consolidation that had us wonder what was going to happen. (Again we forget that there is also option...
Hello everyone, as I ment in last week idea, I am expecting BTC rather going LOWER then Highier, prior to FED meeting which is next week. Since we doesnt have much volatility last week, Im would expect bigger moves to occur later this week, when Market related reports start coming... To understand further view I would suggest to first check this out: As...
Bitcoin has been bleeding out like a deer on the opening day of the hunt, and there's no sign of it stopping, in fact, it's going to continue to get worse in the coming weeks. Just like that old Motley Crue song from Dr. Feelgood (and this won't feel good for sh@tcoin, I mean Bitcoin holders at all), 'She goes down, she goes down, she goes down, down, down,...
I have never doom posted on crypto but it's all coming together. We hit a strong resistance from 2013 and dropped exactly there, all the logarythmic guys are going to be thrown of. This is going to be a massacre, I keep trying to tell everyone but everyone seems comfortable just HODL'ing which I get but I have a very strong gut feeling this will change. Good...
CRYPTOCAP:BTC seems to be in a 3 wave zig-zag correction. A nice and clear setup to short the C wave before bitcoin resumes higher. Thanks for reading!
first area can change the direction is 40000 second area is 38000 the maximum correction can reach to 35000
Hi traders! here is some small movement in our bigger Cycle! (See related chart) A short position can make some money for us! :))
Hello guys, today Im back with close up on, What do I expect from BTC, prior coming close to FED meeting Jan31'. I will try make it clean and simple, since thats How I prefere to handle trades. On chart I marked Liquidity boxes for each Buyside and Sellside, those are my main targets in IF scenario. -- IF scenario is --> IF price come HERE, I do THIS! -- ...
Bitcoin completed its measured move on January 7th and gave us some extra price action up to the $49,000 area. With a strong sell signal and now a follow-through bar reaching the Daily 30EMA, is it time to short? How do we trade this? 🤔 To justify a short trade, we need a Daily candle close below the 30EMA. The other data points all support a counter-trend...
Hi Traders, Investors and Speculators of Charts📈📉 The Bitcoin ETF approval is expected to be announced any day now - but wat does this mean for the price of BTC? When there's an unprecedented event that will affect the markets, it's helpful to return to the basics: 👉 Buy the rumor, sell the news 👉 Macro Analysis 👉 Candlestick analysis 👉 Buy the rumor, sell...
After the ETF hype and $48.5k Golden Pocket selling pressure... The DXY has been consolidating sideways, technically breaking it's downward trending channel. As of today, Bitcoin has lost the $45k support level and heading lower towards $38k - $40k. Fueling the selloff were hotter than expected CPI and inflation data, and the realization that the new approved...
At least temporarily. When I look at this chart, I see imbalanced price action all over the place (purple boxes). And as we know with the smart money strategy, price will sooner or later make its way back into these areas. So, my thinking is, if we get a break of structure (dotted line) followed by a re-test somewhere close to the imbalance above that area, or...
Bitcoin is retesting (again) my trendline. I see everyone calling for new highs, and last time that everyone was greedy... You know what happend. Now you are all greedy again, what could happen? I personally sold half of all my spot bags, and added more to the BTC shorts. I am short on BTC only. Of course my trendline can't hold forever, but i think we are closer...
No changes on my plan for BTC. I keep adding short to my entry. My trendline still working perfectly and this just make me even more sure about a big drop. My first target is around 38k USD, aiming for 34k next
Today marks a critical point for Bitcoin, as the ETF is set to announce their decision on the Bitcoin ETF. There's a strong likelihood that the ETF will be rejected, a decision that could trigger a substantial market reaction. We're potentially looking at a significant price dump, where Bitcoin could plummet to the $3,000 to $1,000 range, and it might even go...
Speculations I believe Bitcoin is coming due for a "steep" correction but not in an unload your wallets and get out of the game kind of way. It has rallied hard over the last few months and despite experiencing significant increases in value, Bitcoin's volume has slowly dwindled. It is for those reasons and -- more in the following paragraph -- that I believe...
BITCOIN has been bullish and many traders are predicting it to reach 100k this year, which is more likely, but from the current price action ,it is showing some sign of weakness on daily chart, if it will fail to break FWB:48K there is a chance for bitcoin to drop to 15k-20k ..