Too many shorts are open at Resistance Level. If we get this entry will ride in SL hinting Candle... Coz of Weekend market will be in Range so will book our profit in SL hunting Move
Trendline Fake Breakout Trade. Reason of trade 1. Fake Breakout 2. Inviting Buyers 3. Retailers Looking for Long
BTC/1H Still in that Parallel Upwards channel *I FORGOT to mention there is a ascending triangle pattern on btc which I think its jebaiting the longers* Today is FOMC day where rate hike will be announced and will have huge impact on whole market , not only traditional but crypto as well. We usually get a move to both side around (%3) liquidating all the high...
Hello @TradingView community. Welcome in @Vestinda Bitcoin price analysis. Reports about bank collapses, stablecoins, and interest rate increases appear to be powerful enough to increase the price of bitcoin. Well, Bitcoin almost hovers above $28,000 amid banking instability. On the other side, we discover chart patterns that suggest a market recovery from the...
The fact is that a lot of people just don't care about Bitcoin anymore. If you do a Google search for "Bitcoin," it will lead to 623 million results. But if you do a similar search for "bitcoin price," there are only 157 million results, and the vast majority of them are not important news articles or price analysis. And the reason why Bitcoin prices remain...
If BTC turns back to $22500-24000 range it will be bullish signal for us. $25k is the last target of this bullish scenario...
Hey is is Artem update on BTCUSD price action on 1h TF. Looking for movement in range 16660 up to 17200 during weekend. Price consolidating at rising support lines before fake breakdown and rise. According to this behaviour I am thinking price will rise afterwards and break Green Resitance line to move up 17200.
Here's an example how everything is looking completely upside down with FTX. Forward Futures trading at 7% premiums while price marking down is unnatural behaviour. Of course we can easily compare to Deribit Futures everything is looking completely destroyed as Premiums are marking severe discounts. But this is actually what I was expecting for months to...
The first scenario is to start the upward movement from now In the second scenario, we can move up from now on, but in the future we will see weakness in the upward direction and we will move down again within 5 waves (flat correction pattern will be formed). In the third scenario, we have to move down through 5 waves, of which 3 waves have been completed so far...
No directional breakout on BTC in the past few days yet, but on drawing and spotting trendlines I could see the formation of a symmetrical triangle chart pattern. Take note: BTC is still ranging as it is, day traders should be more careful trading this period as Bitcoin volatility could be immerse.
After a failed Market Structure Break on the Daily TF, Bitcoin breaks into taking internal liquidity upwards and with high probability to soon target Higher Timeframe Liquidity downwards. An liquidity void is found at a downtrend retrace up to 50 to 61.8 fibonnacci for a very high probability short position.
I am not in a BTC position currently, though this is a huge occurrence in the bigger time frames. I will be watching this with hawk eyes over the next few days. If we find support, this could be the sign of a macro reversal. I am still extremely bearish though, especially when it comes to issues on the world finance stage. Let's not even begin to talk about the...
Type : Bullish Rise Resistance : 24320 Pivot: 22440 Support : 20790 Preferred Case: On the H4, with price moving above the ichimoku indicator, we have a bullish bias that price will rise to the pivot at 22440 where the overlap resistance and 61.8% fibonacci retracement are. Once there is upside confirmation that price has broken pivot structure, we would expect...
Type : Bearish Drop Resistance : 22420 Pivot: 20785 Support : 18610 Preferred Case: On the H4, with price expected to reverse off the stochastic resistance, we have a bearish bias that price will drop from the pivot at 20785 where the overlap resistance and 38.2% fibonacci retracement are to the 1st support at 18610 where the swing low support and 78.6% fibonacci...
Type : Bearish Drop Resistance : 20695 Pivot: 19390 Support : 18495 Preferred Case: On the H4, with price breaking out of an ascending channel and moving below an ichimoku indicator, we have a bearish bias that price will drop to pivot at 19390 where the swing low support and 127.2% fibonacci extension are. Should price break pivot structure, we would expect...
Type : Bearish Drop Resistance : 22420 Pivot: 20785 Intermediate Support: 19400 Support : 18610 Preferred Case: On the H4, with price moving below an ichimoku indicator, we have a bearish bias that price will drop from pivot at 20785 where the pullback resistance, 100% fibonacci projection and 23.6% fibonacci retracement are to the 1st support at 18610 where the...
In terms of Elliott wave counting rules and regulations Wave 1 is over and now we are in the fall of wave 2 If we predict correctly and maintain the bottom level of wave 1, we can enter wave 3 and move upwards with strength. The validity of this analysis is until the level of 17,660 is not broken down
Type : Bearish Drop Resistance : 22420 Pivot: 20695 Intermediate Support: 19390 Support : 18830 Preferred Case: On the H4, with price moving below an ichimoku indicator, we have a bearish bias that price will drop from pivot at 20695 where the pullback resistance and 23.6% fibonacci retracement are to the 1st support at 18830 where the swing low support and...