Please see previous ideas for more context ☝️Do not act based on my analysis, do your own research!! The main purpose of my resources is free, actionable education for anyone who wants to learn trading and improve mental and technical trading skills. Learn from hundreds of videos and the real story of a particular trader, with all the mistakes and pain on the way...
Bitcoin is an invention designed to grow forever as long as we live. If you see the same vision, don't forget to support the analysis. I'm releasing UPDATE2 earlier than planned because today the channel reached *666* followers. The analysis is set for long-term updating. It doesn't matter if the price is 70k or 50k as long as you see the big picture. The world...
BTC is making a bearish pattern . head and shoulder and retraced from 0.786 level and next tp is lows
Greetings, fellow traders! Today, I want to share a tactical short trade setup for Bitcoin that I’m considering, based on the current dynamics in the 30-minute chart. As always, remember this isn't financial advice (NFA). Trade Context Given the heightened volatility we’ve been seeing on the 30-minute timeframe, the price movements are swift and sizable, which...
Mix of estimated fair value / power law with diminishing cycle top corrections following the 4 year bitcoin halving cycle.
#BTC another day hugging the line COINBASE:BTCUSD
The 59500 area has been tested multiple times. I believe we may go back higher from here, but what a coincidence - Its FED Day today !! however, until we get back above the angle 3, I would not play longs here. Please note TrapZone is Red with Red Bars below it, so keep an eye on the UMVD. Can you see a LAREGE CHANNEL ???
Red arrow show BEARS HAVE CONTROL but current candlestick reads SPINNING TOP WHITE (BULLISH) but it can reject. The LUS BEARISH candle reads BLOOD BATH but shows rejection. We must be careful when trading in this 2MO TF. But relax; we are still in a BULL MARKET. 2MO just proves we will have plenty of BULL and BEAR TRAPS with some scary dips.
As shown on this chart (28 Feb- 12 May), the market is in a sideways trend (clumsy indecision). Can't say that it annoys (to be honest) but, I can trust a thief to steal my car because he knows his job well, knows what he wants to do :) Indecision kills! What to do when you don't know what to do 1- Control Your emotions ;) 2- Nothing goes straight up...
Bitcoin bull flag on the 3 day chart is a possibility? A bull flag is a bullish chart pattern formed by two rallies separated by a brief consolidating retracement period. The flagpole forms on an almost vertical price spike as sellers get blindsided from the buyers, then a pullback that has parallel upper and lower trendlines, which form the flag. This pattern is...
The trend is still our friend. I still see bullish developments in the price action. We must have patience. Dips still must be bought. The plan hasn't changed. We still aiming for that time period of 9 -15 months post #BTC Halving. We are only one month down :)
Price is falling towards a support level which is a pullback support that aligns with the 61.8% Fibonacci retracement and could potentially bounce from this level to our take profit. Entry: 63,451.23 Why we like it: There is a pullback support level which aligns with the 61.8% Fibonacci retracement. Stop loss: 61,331.39 Why we like it: There is a pullback...
BTC/USD is rising towards a resistance level which is an overlap resistance and could potentially reverse from this level to our take profit. Entry: 66,918.86 Why we like it: There is an overlap resistance level which aligns with the 127.2% Fibonacci extension. Stop loss: 68,692.48 Why we like it: There is a pullback resistance level that lines up with the...
Part of my ongoing analysis, see links below. We may have bottomed at 57k with a strong bounce. But we are now retracing and hopefully almost done. EW theory shows a 5-wave bounce with 3 wave retrace. . Previous plots that lead us here (click the links): - 73k Top Call no one expected - Retrace Roadmap of Support zones - 52.8k imagined but not believed - ...
BITSTAMP:BTCUSD Bitcoin has been sliding down since it reached its all-time high in March. This has largely led to a buy-the-dip sentiment among crypto traders, with many believing the correction would end as soon as it ended and Bitcoin would surge again to new all-time highs. According to crypto analytics platform Santiment, the thrill of scooping up...
Everything makes sense to me again. This has been distribution all along. Institutions are not going to let retail long and make money this easily, its always the other way around. This idea that resonates with me the most. I've tried numerous attempts to paint a long picture but each time something feels a little off. But zooming out to the daily and labelling a...
An active downward movement began on a four-hour interval, but the closed trading volumes are not sufficient to sustain the correction. For a full reversal, another movement of BTC to the ~67,000 zone (marked in blue) is required. Readiness for a correction will be indicated by a large trading volume, and the further price movement will be downward until the end...
Bitcoin is currently in an Up Trend Continuation after a 0.5 Fibonacci Retracement. The Next Target is Channel Top. I want to help people Make Profit all over the World throughout my entire life. Additionally, I am eager to Receive Money Worldwide because of my Potential.