On BTC/USD is nice to see strong sell-off from the price 43760, there are nice to see strong volume area.... Where is lot of contract accumulated... I thing that sellers from this area will be defend this short position... and when the price come back to this area, strong sellers will be push down the market again... Downtrend + Strong volume area is my mainly...
After targets 1 and 2 / VAH where met, we need to look to the upside for more potential targets. IF PA is able to make a move to the range shown above, I find it hard to believe it will make it past the VAH of said range, a good spot to look for short ops around 50k, first we must see the VAH flipped for support....conversely, to the downside, we have the CME gap...
Hey, its Dalin. When we look at stocks during the internet bubble crash of 2003 they appear to make the same structure as many cryptos today. Bitcoin is just one example of this. We see the same pattern with Uniswap and many others. We can utilize this cycle and position ourselves properly for the next wave. A new cycle could send it to un-imaginable...
BYBIT:BTCUSDT.P 👇🏻👇🏻👇🏻 New analysis 👇🏻👇🏻👇🏻 In the market you see, bitcoin prices has started to fall and the order block has supported it in the range of 40,000 !! The next support range is then expected to be the previous daily low of 41,420, and from there it will start moving to reach the order block range of 47000 ! You can share your opinion about this...
Presenting my comprehensive Top-Down Technical Analysis for Bitcoin, meticulously conducted on December 11, 2023.
Money flow tells buy btc 41.5-42 i trust this indicator more than my parents so full ham guys :D dont blame me if got liquidated no margin no degen only the money u can afford to lose and hodl btc in worst case go go go!!!
BTC/USDT Short - Wolf Wave + Harmonic Pattern Open after reintegration of the blue line or find another signal in smaller timeframe. Stop : 49000 TP1 : 31000 TP2 : 26000 TP3 : 18000
BITSTAMP:BTCUSD is testing the most crucial support 42000 for the upside continuation or a pullback
Same as last time folks Halving approaching in April. currently rejecting a crucial weekly S+D zone, waiting for shift of momentum to the downside. this will be the last pullback we see before the bullrun of 2024-25...
Price action analysis for Bitcoin. Important bearish clues discussed. Potential scenario. Trading recommendations. Thoughts. ❤️Please, support my work with like, thank you!❤️
After a strong 2 months wave, btc is now showing signs of small weakness, might this be the beginning of a retrace? Charts shows the upwave started on october is still pretty intact, we have good support at around 40k level (first yellow circle), ready to help the bulls. If such support would fail, the next bigger one can be found on 35k (second yellow...
We are clearly having a ABC correction after wave 5. We had a perfect 1-5 downward correction for wave A, Now we are at the end of wave B, and the target for C wave are 61.8%, 100%, or 123.6% of wave A. Please feel free to correct me if you don´t agree with my TA. Thanks!
btc continuous bearish divergence double top on h4 broke the neckline
Yesterday I wrote about a beautiful chart pattern that was forming on the Bitcoin daily time frame that ended up failing not long after I wrote the post. That kind of thing will shake a trader to their core, especially if they thought it was going to play out, but ended up losing their shirt. This is why it is important to set stop losses, so that if the trade...
Bitcoin hit my target at the monthly kijun sen. I expected it would have a decent pullback before heading to my target but it turned out to be a consolidation then continuation. Back in mid 2019 it hit the kijun sen and failed back into a 12 month consolidation. Interesting to see if it falls back into a consolidation ahead of the halvening next year.
Would you just look at that beautiful, textbook bull pennant on the Bitcoin daily chart! You can't get much more textbook than that. What I am thinking based on this chart is that Bitcoin will make at least one more big rally this week up to that big supply zone between $47K-49K. How this move happens has yet to be seen. We know that none of us have a crystal...
As you can see in this image, overnight, Bitcoin broke support of this trendline that has been working as both support and resistance since the FTX event in November 2022. To remain bullish, we need to stay above this trendline. If we get rejected at resistance, we can expect further downward movement with the next level of support around $38,000. If Bitcoin...
I think that this concludes Intermediate Wave 2. I could be wrong, I hope I am, because if I am right, the carnage will be terrible. Please mitigate your risk, that is the only purpose as to why I have started posting. Please, please, please be careful. Trade safely.