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...
Bitcoin has had three pushes up from its previous trading range ending with a failed break of the $37,500 resistance level three times, leading the price below the 30EMA. Per my Weekly Analysis, the $37,500 price area is Bitcoin's Weekly Bull Channel resistance. These data points mean a short is reasonable from the $37,000 price area with a stop just above the pin...
Bitcoin performed a sweep yesterday then went up and grabbed the liquidity at 34.6 ( EXACTLY where we mentioned) then got rejected and moved down.we could see one last liquidity grab to the upside before the move to 33.9 starts. Thanks for watching and your support <3
BTC been consolidating here and showed couple of sell signals that could move the price down to 33K or even 32K.Explained the scenarios in details.We could expect some movement over the weekend as well. Thanks for your support <3
... Then, dependent on what happens around the $20,000 level, up, then down, ... etc., etc. This is all speculation, of course, then again, that is the name of the game. - Right?! Trade it as it unfolds.
In general, the situation is LONG, but since the price went beyond the H4 range and returned back, it looks like a fixation in the range, we can try to take a correction. Above the market opening price. (✔️) Imbalance at the border of the H4 range. (✔️) Price under the First Buyer of Exchange Options. (⚠️) input: 31541 stop: 31756 tp-1: 31321 tp-2: 30890
Hello; 1. There is a negative divergence on the RSI on the Bitcoin weekly chart. 2. There is a bearish shark harmonic pattern on the Bitcoin daily chart. 3. The fact that the FED skips the rate hike in June and all FED members approve the rate hike 3 times until the end of 2023 at each meeting means that the price of bitcoin will fall. 4. Now that June is over...
ABCD Harmonic Pattern / Daily Chart Analysis. Last time ABCD on daily chart. I draw another ABCD pattern on btc daily chart. I start last ABCD pattern point C. Goodluck.
Bitcoin has reached a potential important zone, based on market conditions I expect a sell off. SELL!
Potential Sells on Bitcoin Price is holding the resistance at 27k Looking to sell to 25k 3:1 R/R -ITUProfessor
Firstly, it has come to my attention that the 18-hour Demand Zone was breached earlier today. Secondly, I have identified the subsequent Demand Levels located at approximately $16,000. The target is subject to variation, contingent upon the market's response and the trade orders previously executed by major participants.
BTC3h chart, double-top pattern, this pattern usually means a decline in the market, and the larger the level of the chart, the greater the decline. The important resistance is around 28,000 and the support is around 27,200, but the current pattern is a double-top, so I think it will fall below The probability of support is extremely high, so my trading point of...
hello traders what do you think on bitcoin this is on monthly chart .many are expecting it to a 100k of course the fundamentals hold the prediction when it comes to long term than the technical but still for any market to be efficient it need to balance the book what is your thought on it let me know in the comment .
Following the last week rally and the further push-up today above $24,000. I feel the momentum has dropped and the Bears are likely going to take this asset to $23,00 if the $24,000 resistance fails like, follow, comment and share
Bitcoins has created a Triple Top On a broken trend I expect it to still push down to make a correction to 21500. SELL!!!
BITCOIN (BTCUSD) – Cash: Selling On Retracement via Blind Entry Or After Price Action Signal Around $18154 Support Level (WARNING ON CRYPTO: TRADING BITCOIN AND CRYPTO IS HIGH RISK, CONSIDER A REDUCED POSITION SIZE AND LOWER LEVERAGE UNTIL YOU ARE FAMILIAR WITH THESE MARKETS). Price Action: Price has been forming a Multiple Inside Bar Pattern, with a wide Mother...
I analyze daily and weekly timeframe. Here are the list why bitcoin will go down: 1. 100 SMA and 25 SMA is my indicator for reversal. It the recent rally, the 100 SMA and 25 SMA failed to cross for bullish reversal. 2. Support lines are drawn in my chart. It currently breaks the support line in 17.5k-18k area. It is headed for the next support of 14k. If you...
BITCOIN (BTCUSD) – Cash: Bearish Fakey + Pin Bar Setup (WARNING ON CRYPTO: TRADING BITCOIN AND CRYPTO IS HIGH RISK, CONSIDER A REDUCED POSITION SIZE AND LOWER LEVERAGE UNTIL YOU ARE FAMILIAR WITH THESE MARKETS). Price Action: Price formed a Bearish Fakey + Pin Bar Setup overnight (We suggested waiting for this setup in the Sep 21st, daily newsletter). Price...