I believe we are in a big correction and BTC will go to the above resistance before it will melt down to 11k +/- .
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Hi friends, I hope the week is unfolding for y'all as planned ;) Today, we've got another possible long-term trade signal. These trades signals are only derived from this timeframe (Weekly). The monthly doesn't fully support them, and that makes the trades highly risky. I feel like the price won't drop to the last target. I think it will reverse on the 3rd Weekly...
Long on BTCUSD 1. Bullish Flag Breakout has occurred on 1H timeframe. 2. Take profit level is set by the height of the flag pole. 3. TP = 25204.49 4. SL = 22623.36 5. RR ratio of 1:2.48 is in progress.
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Hi friends, I hope y'all are having a profitable week ;) Today, we have a 2 possible short-term trades that will build up to medium-term trades after the price has bullish broke and retested the (Possible) Mini Weekly Neckline. I got these trades signals from the weekly and monthly. The weekly expects bullish retests on the 2nd Weekly Key Lvl (that was previous...
Hi everyone, I hope y'all having a profitable week ;) Today, I'll keep it short and straight to the point. As y'all saw on that this crypto has been dropping since the beginning of May. During that drop, the price didn't retest some major key levels that were supposed to fully confirm the bearish trend. So having them leftover like that means that they expect...
Hi friends, I hope y'all having an amazing weekend and also preparing for the last week of the month ;) Today, we got a counter-trend signal on this baby. This crypto has been dropping for weeks, and it didn't retest a couple of key level targets on the daily upwards. Moreover, huge gaps were formed between the price and short-term m.a's on the weekly and...
Short sweet and simple, classic textbook rising wedge on BTCUSD also meeting area of recent supply/resistance. Enter 21582.72 Take profit: 19853.63 at swing low and approx size of opening of wedge: Stop Loss: 21838.51 Set above supply zone R/R 1:6
price is in a channel and reversed from the top of the channel and can reach to bottom of channel
Price is currently sitting on both a bullish trendline and a strong demand zone that has held price "supported" since February 2022. Are we going to witness a breakdown or trend continuation in the next couple of days? What do you think? Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk...
Market just finished 1 to 5 Elliot Wave Theory and formed a bearish flag pattern at the bottom, broke it at the bottom so we are expecting price to continue dropping until it reaches demand zone at 30000 zone. Target:30200 Entry: 37729 Invalidation: 40571
BTC suffered a plunge to a significant support level at around $34,000 area after news of Russia attacking Ukraine broke out. However, the appearance of a double bottom structure at a significant level of $34,000 incites potential recovery that is due for a relief rally as the Bulls take control with a target at $54,000 area in the meantime. Tendency: ...
Today the movement is quite biased, but there is a possibility of a retest to the $40,000 area. and also there is a potential fear index that will turn to greed. Market sentiment has started to recover in the direction of buying. But don't be too greedy, because I still see hidden bearish indications and there is a potential for a reversal towards $33,000 or...
#BTCUSD Hello trader, I hope are good and safe. Today I opened the chart of #BTCUSD for 15 MIN. and analyzed it then I see that this chart has made a DOWN TREND, So I hope #BTCUSD will go downside, Now Nice opportunity for short. If you have any query then leave a COMMENT, LIKE and FOLLOW. Keep Supporting And Thank You..
Hello traders, starting this week I will start doing my weekly analyzes for the year 2022! I wish you a happy and fulfilling New Year As I have been telling you since November 14th... in case of a weekly closing below 59600 I will prepare for SELL up to the area of 48000 or even 42000 ... BTC hit my number 3 target and bounced hard THIS WEEK...even if I was...
#BTCUSD Hello trader, I hope are good and safe. Today I opened the chart of #BTCUSD for 1 Hour and analyzed it then I see that this chart has made a ASCENDING CHANNEL PATTERN, So I hope #BTCUDT will go downside, If the market does not break support & resistance line then the market will go up. Now Nice opportunity for short& long.. If you have any query then...
It took a whole 3 months for the price to move over 17,000 pips in our direction since my last publication on this pair (see link below for reference purposes); that is approximately 83.7% growth in 3months! And following the sudden loss of $10,000 during last week trading session (7th of Sept 2021 to be precise), the price has remained untypically stable with...