As you see we have abc wave from 65k and the c wave targeted 19462$ and 14083$.
Btc is forming falling wedge pattern and it's also on the strong support. Time for Long it everyone. Near stoploss, far target. RR is so high You can also buy altcoin/usdt to get more and more profit. altcoin season will come soon.
btcusd nice rejection from demand can gooooo up to 51300
Yellow box would be my target for next support, this idea only valid if we stay below diag resistance.
Trend Analysis The main view of this trade idea is on the 15-Min Chart. There is a Reverse Head and Shoulders setup on the cryptocurrency Bitcoin (BTC). The Head of the setup is around the 45280 low. The left and right shoulders of the setup is at 45650 and 45600 respectively. The neckline is the trendline highlighted in red on the chart. The target is determined...
Currently we are at our "Take Profit Zone" between 46.500$ – 48.250$ from our previous "Buy the panic sells"-Long(28.500% – 29.000$). We try shorting bitcoin arround: 47.000$ – 47.500$ with stop loss above 48.300$. Our first take profit will be 44.500$ and second profit target 41.600$. I will also add more longs at 41.600$~.
With two Hunt struck, Pollback is expected to be be beaten to the second zone of support and then start his ascent. If you don 't make a purchase , I will tell the channel after you 've seen signs of purchase
Market Makers are now in control as we can see with those Bart patterns forming up as demand faded away and supply is also weak. We have strong orders in the books around 47.5 and 50k acting as major resistances across the board. Swaps now showing more frequently trading above spot which implies bearishness BUT we don't have yet the structural daily trend from...
#BTCUSDT TA update:- $BTC currently trading at $46400 And $46000 is good support to hold Bull. Below $46000 support I can expect $40000 also But If bounce back from here then next Target will be $50000 Support:- $46000/$40700 Resistance:- $50500/$58500
Price of Bitcoin still going up, trying to make another swig high. ⚠ Looking at key Moving Averages (100x200) we can see price going above both MAs, but moving averages crossed in bearish order. 🟡 While price action compressing in Wedge shape, looking for breakout in support regions. 💚 Bullish note that price broke resistance line on Log scale too, this probably...
Bitcoin is getting ready for a possible correction. In this video I go trough the books, talk price levels to look for and also very briefly talk trough some futures data. Next video I will cover some other points like futures premiums and swaps v spot basis or finex long/short ratios.
$BTC Waiting for the ~20k callers to appear on the second 2D red candle since mid July Looking for ~43/44k (July Highs) to hodl/bounce, flipping this area into support & allowing continuation If happens, then ~50k will be a reality quite fast Dont get lost in the noise😉 #BTC
Here we are tracking the ending of a 'C' leg in the 4th wave retrace (invalidation for sellers comes into play with 50,130 because it will mean the move is impulsive rather than corrective). Expecting sellers to step in here with risk storming the base for August, the next leg down would mean the lows are no longer protected via the meme prince. Elon now uncovered...
Coinbase IPO was exactly at Bitcoin's all times high. They both started a bullish rally on July 20th, 2021, and after the earnings of COIN, they both lost their momentum! This could not be a coincidence by any means..!
As you see in the chart we have abc wave that targeted 20k-14k and we are in down channel as you see. And we have a gartley harmonic pattern that targeted 15k. And we have a strong support between 20k-14k. And we have a negative rsi on 1d & 4h time frame. Negative rsi 4h time frame. Negative rsi 1d time frame. So……. What do you think now please share...
We got a daily bull cross. We are under the 200 moving average which will provide headwind. Overall I think we are at minimum preparing to test it.