Btc!
THIS IS BITCOIN TETHERUSSo as you see on 4H there's CHoCH so I created first POINT OF INTEREST { POI } for long and now waiting for Mitigation so I placed an order for long! But then we saw a rejection on 16FEB23 21:30 with big candle and small body. Next day on 17FEB23 1:30 another HUGE RED CANDLE so I have to mark POI so I mark another POI and wait for Mitigate. MITIGATION means we have to wait for the market to come in the POI price entering the box is called MITIGATION.
18FEB23 1:30 price entered the box and we can see a price consolidate.
19FEB23 13:30 placed short entry and my SL is above New HIGH which created on 16FEB23 21:30 @25250
RRR 1:3
21FEB23 13:30 we saw a rejection again! REJECTION FROM PREVIOUS HIGH!!!
CORRECT ME IF I'M WRONG!!!
GBPJPY | ANALYSIS | 1h Consolidating in the yellow zone for six days expecting a breakout or breakdown. I'll update the idea when it is active.
$BTC Dump or RangingBitcoin saw a 5% correction as a result of the rising wedge. In the 4h timeframe, $BTC has been trading in this range (channel) for the past 41 days and has the potential to touch the channel's bottom trendline as well as the top trendline. If $BTC breaks out of this channel, either up or down, we could witness a significant move. Meanwhile, if you want to trade this range, you can because it is a good channel.
Not a financial advice
Trade at your own risk
Medium-term bullish breakout possibility Recent golden cross on daily timeframe, consolidation over 200,50 and 20 daily EMAs and price compression just below strong resistance.
SL: 21200
TP 1: 31200
DISCLAIMER: not a financial advice, just personal perspective of the market published only for entertainment purposes.
BTC/USD - Weekly OverviewBitcoin faced significant resistance from the crucial psychological mark of $25K during the past week. Due to the pullback by the resistance mark, its weekly performance is facing a loss of approximately 6.00%.
MA-10 has faced multiple negative crossovers against both MA-20 and MA-50, respectively. It suggests that BTC is again entering into bearish sentiment.
However, on the Fibonacci retracement table, the level of 0.786 FIB level is proving to be a strong support level for the world’s largest digital asset.
Considering technical indicators, the RSI level has formed a falling channel pattern and looking vulnerable to a breakout to the oversold region. The MACD level has also faced a bearish crossover and currently forming red bars on the histogram.
Overall, the resistance level of $25K and $27K will play a crucial role for BTC this week. However, if the pullback continues, it can find support at $22K and $20K.
$BTC AnalysisBitcoin rose 2.3% when it finally reached the middle of my liquidity box. This deal occurred in the early hours of the morning, so I missed it even though I wanted to participate. What follows then? I'll wait for Bitcoin to either break my liquidity box, which would then indicate that $22300 would be the next target on the downside, or for BTC to break the resistance trend line, after which it would consolidate before starting its next leg up. Weekly closing is one more thing to keep an eye on; I'll provide an update on it tomorrow.
Not a financial advice
Trade at your own risk
$BTC attempts to break my liquidity box$BTC has previously made three attempts to break the liquidity box but was unsuccessful in doing so. A rally to 29k can start with a close above 25.2k. Normally, it takes 4-5 solid volume attempts to crack a box like this.
Not a financial advice
Trade at your own risk
BTC/USD - Weekly OverviewBTC had a positive crossover against the crucial psychological mark of $25K. The breakout suggested that there is significant positive momentum prevailing for the world’s largest digital asset.
The RSI level is also trading at a bullish level (62.00) with the potential to have a positive breakout to the overbought region. However, the MACD level is looking vulnerable to a bearish crossover.
Overall, the resistance levels for BTC can be placed at $25K and $27K. While, if the profit booking momentum kicks in, support levels can be placed at $23K and $21K.
BTC immidiate TargetBTC is looking good with DXY rejection from resistance level just before the weekend. It can pump to 24.4K over the weekend
Btcusdt upcoming breakoutBTCUSDT upcoming breakout Trying to break list resistance level 24,500 to 25,000
I think if double top considered than next scenario...Double top considered big sell candle on top if you watch this is the next scenerio because till now now a big correction and market going on one side 16000 to 25000 .
Zilliqa- ZILWith shift in narratives so sudden, there seems to be a great development in the web3 gaming side of things. This could be a strong narrative when it manifests.
Projects like ZIL, trying to place themselves for that shows positive signs. ZIL has been around for a long time and has its pump sooner or later.
This chart is looking great. Signs of bottom are there and signs of accumulation with price support for weeks is assuring. Will be buying spot first, then plan longs when it finally starts to move.
NFA, good luck.
BTC/USD - Weekly OverviewBitcoin started to shed its positive returns at the start of the second month of 2023. As observed in the chart, the BTC price level is currently trading at a critical level of 1.0 FIB level upon which a negative breakout could result in further price damage.
MA-10 also suffered a negative crossover against MA-50 in the past week. The downside expansion in the width of Bollinger Bands suggests that the world’s largest digital currency faces considerable selling pressure.
The RSI level is also showcasing a falling channel pattern after sustaining in the overbought region for about a month. However, it is currently vulnerable to a negative breakdown to the oversold region
The MACD level has also broken below the histogram while forming red bars.
Overall, the support levels can be placed around $21K and $20K. On the other hand, resistance levels can be placed at $23K and $25K.
Bitcoin BTC monthly line five waves?Bitcoin BTC monthly five-wave? According to the five-wave model, there is one less wave. Can the monthly line go out of the fifth wave and the last wave in 2023?
Short BTC & Traul the StoplossOur first TP hit trail till Reach as we discuss, move the sl in profit zone if you taken 10x lev.
Crypto BTCUSDT Bearish ViewBearish Trend in down side under channel. It will stay in this channel for some time and good time to make money in short term. Trade as per your own risk. I am just sharing my view.
Btc analysis on its 4 hour TF with supp & resisBTC analysis on its 4-hour time frame with support and resistance levels. As you can see, it takes support from the Fibonacci ratio of 0.382. Now it's time to observe a pullback towards its support line, and you can clearly see the 0.5 Fib level also near its support level of 22,200.
It is also important to keep an eye on the divergence indicator and the Stochastic RSI, as they both show the oversold data.
The 50-day moving average (50 MA) is also crucial as it has acted as support in the past, but now it has rejected the price and is acting as resistance.
BTCUSD Possible LongWyckoff Accumulation Schematics 2 in process
Let me be clear that Bitcoin is traded in 3 major exchanges and other minor exchanges over 100.. So volumes might be a little different in this pattern though they are close to the schematic rules
Do not take or enter a trade untill the pattern is broken like shown in the Chart
If the Accumulation pattern fails then follow the price action pattern for short entry..
LITECOIN (LTC) This is based on the Elliott Wave Theory. The current structure can be assumed as a triangle due to internal ABC formations. This suggests that the price would remain bullish from the current levels.
ETHEREUM - Elliott Wave ViewThe idea is based on the Elliott Wave Theory. It suggests that the correction cycle may be over and the next bullish cycle could begin from here.
