Clear rejection from EMA 8. RSI signal is almost there too. Testing the bottom or falling below??
Bitcoin is currently testing around the $17,000+ region, and if it falls below, the next short term FIbonacci target is around $16500, then the long-term Monthly (time frame) Fibonacci target is around $3100. This is a stark reminder of just how quickly this market can be liquidated. We saw dramatic falls between previous Fibonacci support. Stay sharp and keep...
BTC is Still in DownTrend. And Till Now We dont see any Trend Reversel Confirmation. Based on That Here is My Idea on BTC. After My Study here is The Price Levels on 3 TimeFrames Analysis. And all The Target What can Touch BTC Before Reverse The Trend. I am Not A Financial Adviser. And This Is not A Financial Advice. And All Cherts Are Just My Study. So Please...
1. BTC Short Entry : 29300 Sl: 30k Tp: 25k 2. BTC Sell Limit Entry : 33k Sl : 34k Tp : 25k
BTC 1h chart update We had a rising wedge, marked with orage S/R lines - there price was making higher-highs and higher-lows sequence, which was looking pretty bullish at that moment. Specially after what really looked like a potential bottom, as I wrote in previous update. We also saw that time lower line of wedge being tested, before price broke below as...
my view is still bearish on BTC what's your view.. do let me know.
BTC Short 12 hr chart is printing an ugly Adam and Eve double bottom. This is an inverse chart, so this is a setup for a short trade. Measured move taken from the bottom of the cup. Targets are marked. The bottom is not yet in guys, but we can still make money on the way down.
Hi Guys, Was hoping for a nice ride up today but it didn't happen so i feel a bit bearish atm so will open a short at 36250 with a stop loss at 36750. Will see how it goes in the next couple of hours and will adjust stop loss accordingly. Please understand that trading for me is fun and im only doing this for my education and not as financial advice.
BTC is again making a bear flag in the 45M time frame. According to my understanding #BTC can fall up to 33K or 33500 and this area needs to hold the BTC. If BTC will not be held by the 33K zone then it will go up to 31K and will bounce back.
btc making head and shoulder pattern in smaller time frame risk trad because we trade without any break out
BTC going down to $30k now. We have been ranging but time to go and collect the liquidity below. TLK.
JUST FOR TRADER: The Price Reacted The Weekly Order Block And Break Market Structure In End Of January But In Term Of Technical Analysis, We have A Very Significant Range Above The Price, Which Has Been Operating As A Character Change ( CHOCH ) Area Since Exactly Last Year. For This Reason, We Expect A Reaction And The Formation Of Short Setup Opportunities In...
Heavy daily resistance area for Bitcoin and going to monitor shorter timeframes for candlestick patterns like double top or head and shoulders. Might not drop that far but still some profits can be gained in a big spike down. We'll see in a few days xd
There are some bearish signs show that BTC may crash in the following weeks: 1. EMA(5) crossed the EMA(20) downwards. 2. Ascending support line is broken. 3. Regulation news about cryptocurrencies. So, get ready for a drop. Stay safe!
The 3PDH chart pattern demonstrates how markets tend to come off a low and move up until a resistance point is reached (point 3). Then after two attempts to move higher (points 5 and 7) there is a sell-off to point 10. This is the “Separating Decline” that separates the Three Peaks from the Domed House. Point 10 is always lower than either point 4 or 6, often...
Btc fill all fib areas, And now this is ready for a LongTerm Short.
BTC hasn't gotten bull momentum recently compared with ETH. And instead, it showed a rapid pullback yesterday as ETH and alts. While this crypto market faces severe correction, lots people get fear and smell it like bear. But if we judge it with TA, can see that it fell until touched the uptrend line, also the 144/169emam, means a reasonable support here so...
IMO there hasn't been enough supply released for Btc to hold such high pricing and taproot is giving whales a way to release on the way down. remember Btc is for everyone, not just a chosen few. Bears are in control until 8k. With that being said we may see 57k before more downward movement