🔥When the ideal target zone is realized, there is an expectation of a callback, so we choose to close the position after reaching the target zone. Congratulations to the friends who followed Wolf King to print money and obtained a rate of return of 800%+.🎉💰🍻
🧠From a structural point of view, we have broken through the turning point, so the bull structure of a...
hi traders,
Let's have a look at BTCUSDT on 1 h time frame.
As we can see, the price reclaimed the important support. However, RSI is overbought now on 1h time frame. I don't think that it will continue the uptrend without a pull-back.
If we get a pull-back and the price retests the support, it may be a great area to enter long position.
Stop loss below the key...
BTC in an Inverse Head and Shoulder Pattern
During the previous weeks, BTC went as low as 56.6K.
The price found a strong support zone and reawakened again the bull's interest.
Currently, BTC has completed an Inverse Head & Shoulders pattern showing temporary strength.
📺You may watch the video for further details📺
Thank you and Good Luck!
❤️PS: Please...
We have shorted the distribution off supply and await a return to zone followed by a continuation down. If you missed the initial short, you may get a 2nd opportunity during the asia hours.
For the next play we are watching the old demand range for a reaction if there is still no reaction then we chill and wait to see what happens at the bottom of the range....
The price perfectly fulfilled my last idea. It hit the target zone. BINANCE:BTCUSDT is currently forming an inverse head-and-shoulders pattern, indicating that the market is still in a consolidation phase. The price is currently ranging below the channel's upper border, which I believe is a sign of accumulation. This accumulation will likely lead to a breakout...
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Welcome to this BTC update!
BTC looks good here. BTC recently broke out of a bull flag pattern on the daily timeframe and has held above it so far. This could be a sign of continued bullish momentum. After this successful retest, expecting...
After breaking the descending trend line, the RSI now holds above its former resistance-turned-support.
100EMA is working as support.
However, the MACD indicates flatlining momentum with no clear direction. Despite nearing a bearish crossover, we lack momentum for significant short-term movement. Expect subdued price action or sideways movement due to this lack of...
Hello Traders! Here’s a quick update on Bitcoin’s price action:
Bitcoin broke out of its descending trendline last Wednesday, also confirmed by the RSI.
A head and shoulders pattern has formed, indicating a potential trend reversal.
Bitcoin faces strong resistance at $67,000. Breaking this level could signal a continued bullish trend. The key support is the...
Some very interesting developments are brewing up in BTC. My followers know that I have been bearish on BTC despite its recent flare-ups.
The count is slowly revealing itself. Now I have two scenarios, the red one advocating a strong selll-off very soon. The red has two variations: i) almost immediate sell-off after completing a narrow diagonal, and ii) the...
This is the final warning and a friendly reminder; what we are about to witness is a "capitulation drop!"
This event is not your common drop or "normal correction," instead, it is a major event that only happens once every several years and you have front row sits for it.
➖ If we calculate the average price for Bitcoin's trading range in the past month and a...
Hello traders, I want share with you my opinion about Bitcoin. Observing the chart, we can see that the price a not long time ago rebounded from the mirror line and made a strong upward impulse to the current support level, which coincided with the support level, thereby breaking the 60300 support level also. After this, the price started to trades inside the...
Our short trade is still in progress. However, here is a new short trade idea. The probability of the price to move lower now is higher than before. The price is still trading at daily resistance DR1. I have updated the resistance zone. The price is likely to head towards daily support DS1 and that is the target of our this trade idea as wll as the previous one....
Bitcoin is forming this bullish flag pattern on the daily chart, and we have a lifetime opportunity to buy Bitcoin at the bottom of the flag. What's more, we have a long-term trendline starting in October 2023, which is another reason to buy Bitcoin in confluence with multiple technical indicators. A lot of people are calling for Bitcoin winter, but I don't think...
Hello everyone, here's my take on Bitcoin at the start of the week.
Since the beginning of the month, BTC seems to be on the rise again (+20% since May 1).
This Sunday, we recovered a large pocket of liquidity at $67250.
I'm a buyer of Bitcoin.
A very interesting buying zone is located at $62840!
✅ OTE
✅ Order Block in H4
So I'm going to focus on buying...
