as seen here bitcoin is near to fall to 13k and 4k but we need to break weekly candle under 27k be careful holders
Please check related ideas for more info. 📉 Text marks: 🔹 IL = impulse leg. Inside of IL we can usually see inside structure, which is secondary in nature, like a market noise, unless you trade it on LTF, as it’s own IL. 🔹 ph, pl = protected high or low, which holds current structural impulse. 🔹 bos = break of structure . Based on candle body close...
Finally after holding short for so long, almost 2 years now, price is approaching my final target.. its definitely going to feel so good smashing target..
This is the worst case scenario for BTC, a giant macro head and shoulders. The best case scenario is that we bounce at the macro GP around 9-10k. Based on the S&P fractal (the one from the 2008 crash that perfectly fits our current price action) I have to assume the worst for the crypto market. I was just waiting to see what the "news" would be that triggered the...
Hi everyone in the TradingView community. I am Rana Sarmad I like to share and talk about trading strategies. If you are a member of my subscribers list and like my ideas, please don't hesitate to let me know by hitting that Like button and growing my notification count! We are going to discuss about BITSTAMP:BTCUSD We can see formation of falling battern So...
It's seems last bearish continuation succeeded, what we can expect now from bitcoin based on last down leg about (-43%) can repeated again for final leg until middle of december! Targets can be : TP1 : 17250 TP2 : 14500 TP3 : 12750 or 11700 (flash) Lets see if history repeated, play it safe don't go crazy always use stoploss! Have good luck until next post.
The first cryptocurrency after breaking through the trend was unable to break through and consolidate above the middle of the trading range, at the same time since June we can see the growing volumes on the haircuts. Against the backdrop of extreme events in the cryptocurrency world, Bitcoin sank by 10% from the local high. At the moment, the price stabbed the...
What I have analyzed before, I see something like this from Bitcoin that the downward trend of Bitcoin will slow down to the range of 14,000 thousand and it will complete wave 5 and have an upward correction.
BTC / USDT From all previous updates we believe bottom is close But look here at chart we can see a high potential move to break recent low at 17622$ before any bull rally But Why ? This area has high liquidity and many traders place their stoploss below this level (market makers know this well ) - also in fundamental with dollar index keep rising crashing...
I guess the bull trap is over for now and we are going to fall down to the maximum pain without mercy without feelings hey guys be carefully they manipulate the major move to take your money best luck to all
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bitcoin wave 4 complete wave 5 started Max low valve 13k #plz_dyor
On the previous analysis we commented on how Bitcoin could make another high, however - the upside is limited. After rejection from the weekend and a recent break of structure to the downside - it is pretty much confirmed for lower movement in the Bitcoin price. Look for solid zones to short from, as directionally - the downside is the most likely in this...
We pointed out a few short-term bullish signs in the past two weeks while maintaining the bearish stance for the medium and long term. In our opinion, the correlation between the stock market and cryptocurrencies continues to threaten the rally as the FED is set to worsen economic conditions tomorrow by raising interest rates. We reason that this will negatively...
Yesterday, we projected a downward sloping channel and laid out conditions for its invalidation that came later with the breakout above the upper bound. In such a scenario, we stated the pattern would most likely get distorted. However, an increase in volume after the weekend makes us speculate about the price returning to the channel. Although, such development...
A clear double top Worldwide situation is too bad FEDs looking to rise rate What you think?100K btc??? NoWay for now! Tp1: 20500 usdt Tp2: 17700 Tp3: 14000 Tp2: 12000 Tp4: 7K ( would not last for long time )
We might go to the previous region around $17500 let's see what happens.