Here is a potential scenario for a pull back. If we lose the 40k level, I think we will go test the targets of and the liquidity zones of the descending triangle which is a bearish chart pattern.
Thoughts on THETA are this: - Swing failure double top weakness led to this correction (and H&S pattern at the top) - Currently fighting to maintain current local s/r level - 618 fib below is next area of interest if current s/r is lost - want to see a sweep of the local leg's low then swift reaction/buy-back Time will tell if the market allows this trade, ...
"the bottom is in elo" "we are going straight to da moon elo" "why would you short the market elo, everyone is so bullish" "you are crazy for thinking that bitcorn will ever take out the lows again. --- --- 14k ---- > 39k -----> 6k
𝑏𝑒𝑓𝑜𝑟𝑒 𝑦𝑜𝑢 𝑟𝑒𝑎𝑑 𝑎𝑛𝑦 𝑓𝑢𝑟𝑡𝘩𝑒𝑟, 𝑟𝑒𝑎𝑑 𝑝𝑜𝑠𝑡 #𝟷: --- 𝑤𝑒𝑙𝑐𝑜𝑚𝑒 𝑡𝑜 𝑚𝑦 𝑝𝑎𝑔𝑒, 𝑚𝑦 𝑛𝑎𝑚𝑒 𝑖𝑠 𝑒𝑙𝑜 - 𝑎𝑛𝑑 𝑖 𝑓𝑙𝑜𝑤 𝑤𝑖𝑡𝘩 𝑡𝘩𝑒 𝑤𝑖𝑛𝑑𝑠. 𝑖 𝑑𝑜𝑛'𝑡 𝑟𝑒𝑎𝑙𝑙𝑦 𝑐𝑎𝑟𝑒 𝑤𝘩𝑖𝑐𝘩 𝑤𝑎𝑦 𝑡𝘩𝑒 𝑚𝑎𝑟𝑘𝑒𝑡 𝑔𝑜𝑒𝑠, 𝑖 𝑠𝑖𝑚𝑝𝑙𝑦 𝑖𝑛𝑣𝑒𝑟𝑠𝑒 𝑡𝘩𝑒 𝑑𝑜𝑚𝑖𝑛𝑎𝑛𝑡 𝑠𝑒𝑛𝑡𝑖𝑚𝑒𝑛𝑡 𝑢𝑠𝑖𝑛𝑔 𝑚𝑦 𝑜𝑤𝑛 𝑢𝑛𝑖𝑞𝑢𝑒 𝑠𝑡𝑟𝑎𝑡𝑒𝑔𝑖𝑒𝑠. --- 𝑖𝑛 𝑎𝑢𝑔𝑢𝑠𝑡, 𝑤𝘩𝑒𝑛 𝑒𝑣𝑒𝑟𝑦𝑜𝑛𝑒 𝑡𝘩𝑜𝑢𝑔𝘩𝑡 𝑏𝑡𝑐 𝘩𝑎𝑑 𝑏𝑜𝑡𝑡𝑜𝑚𝑒𝑑, 𝑖 𝑚𝑎𝑑𝑒 𝑐𝑜𝑢𝑛𝑡𝑙𝑒𝑠𝑠 𝑝𝑜𝑠𝑡𝑠 𝑎𝑛𝑑 𝑣𝑖𝑑𝑒𝑜𝑠 𝑤𝑎𝑟𝑛𝑖𝑛𝑔 𝑡𝘩𝑒 𝑤𝑜𝑟𝑙𝑑 𝑎𝑏𝑜𝑢𝑡 𝑤𝘩𝑎𝑡 𝑤𝑎𝑠 𝑡𝑜...
i don't generally share public posts on bitcoin as these are 99% of the time always private, but i was intuitively inclined to share this one, as we reach the end of a significant trend. consider this a christmas present from an entity which goes by many names in this cold world. before you read any further,,, check out pt.1, and pt.2 of the "sit by myself...
Projected CRYPTOCAP:BTC route as Christmas approaches. Fill both recent CME gaps, quick H&S down taking out Monday's low and then some, up to take out the yearly high, resulting in a weekend rally and a very Merry Christmas.
Hello Here we come with Bitcoin Mondays Last week was great and it went according to our analysis Let's have an analysis for this week
Hello everyone, I invite you to check the current situation on BTC in the USDT pair, taking into account the one-hour interval. First, we will use blue lines to mark the downward trend channel where the price remains. However, inside the channel, the yellow line will indicate the local upward trend line from which the price broke down, moving in the local downward...
A CME gap for bitcoin refers to a price discrepancy that occurs on the Chicago Mercantile Exchange bitcoin futures chart between the closing price of one trading day and the opening price of the next trading day. Gaps occur because the bitcoin spot market trades 24/7 on various centralized exchanges, from which CME derives its Mark Price, while the futures market...
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The first wave of FTT growth begins on the news about the exchange relaunch. I bought this altcoin at $1 and wrote about it here. The second wave of growth could start on the news about Binance regulation and upcoming FTX relaunch. 💥 The targets are on chart! like❤️ and follow MY FIRST IDEA ABOUT FTX Token. The FTT/BUSD pair was delated and I can't make an...
Bitcoin sold off somewhat in the past few hours and thus continued approaching the turquoise Target Zone (coordinates: $40 323 - $35 374). Within this Zone, we now primarily expect the low of wave (iv) in turquoise to be developed and the trend to turn north again. Following this interim correction, the cryptocurrency should then move safely above the resistance...
Bitcoin can go up to the specified range Targets: 1) 42000 2) 42700 3) 43000 4) 43600 stop loss: 41600 ----------- Stick to the stop loss and enter with capital management BINANCE:BTCUSDT
Bitcoin price touched the support at 40.6k this morning and is now rebounding. The price could easily reach 42k before taking a break.
🔻 Bitcoin's PRZ (Potential Reversal Zone): Bitcoin is approaching a crucial PRZ around $39,500. This zone is significant due to the convergence of trendline support, Fibonacci levels, and static support, indicating a strong potential for support. 📈 Potential Upward Movement: From this PRZ, Bitcoin could initiate another rise, possibly reaching up to $47,705. 🔍...
Hi folks today I'm prepared for you Gold analytics. Some days ago price traded near the resistance zone, which coincided with the the 42800 resistance level. But after it tried to rise higher, it around down and later made a strong downward impulse to the support zone, thereby breaking the resistance level. Also then, the price rebounded from the support zone,...
Btc Gonna blast soon grab Your entries asap Here's my about my btc long which i took at 40.8k and target will be 41.8k
CRYPTOCAP:BTC is ready for the next up wave load up and hold, the invalidation price is hourly close bellow 40k! this is a high probability chance trade, don't miss it and it's with a big RR too. my 1st targets are at 46800$. be safe enjoy!