Btc-e
#BTC 🟢 M15. Purchase (Bitcoin). Resistance Level ImbalanceAfter I got a stop loss a little higher, this imbalance looked very good.
I took it to work - I did not regret it.
price below market opening price (✔️)
the price fell with a volume candle under the First Buyer of stock options (✔️)
price near the bottom of the range (H1) (✔️)
unbalance entry point formed (M15) (✔️)
input: 30006
stop: 29852
tp-1: 30155
tp-2: 30457
BTCUSDT WEEKLY TIME FRAME@69198.7 All time HIGH on 08Nov2021
Marked few levels those are HIGH on weekly TF Second HIGH @48248.5 on 28March2022 Third HIGH @32446.5 on 30May2022
If market gives us a proper breakout @32446.5 then we can expect a little BULLRUN towards second high @48248.5
Right now price is between @31623.4 - @29491.1 market looks good on weekly TF
Previous week candle is a DOJI CANDLE that means buying momentum is slowing down. As the BULLS lose steam BEAR regain some control into the close of the candle with selling pressure.
But it can also be momentary indecision and the market may continue to move in the some direction afterward.
Marked 2 POI first POI @12210.7 second POI @22998.9 this 2 POI is for BUY SIDE!
If we see a Rejection or Fake Breakout @32446.5 then price will come to mitigate @22998.9 and then we can see a proper breakout @32446.5
@3621.8 All time LOW on 09March2020
WHOEVER READING THIS COMMENT YOUR THOUGHT THANK YOU!
SMC
#BTC 🟢 M15 Buy (Bitcoin). ImbalanceI planned to open buy positions near the lower border of the H1 range (30K).
But since the imbalance formed a reversal pattern, he took advantage of the situation offered by the market. By the way, at the moment a short situation is brewing in the market.
The price was below the market opening. (✔️)
The price was below the level of the First Buyer of exchange options. (✔️)
The price was at the lower boundary of the H1 range. (✔️)
M15 imbalance. (✔️)
Second target above H1 range (⚠️)
input: 30435 (input on imbalance test)
stop: 30175
tp-1: 30697
tp-2: 31221
The Last Bear Rally is here! Elliotical approach to BTCUSD.Hello Traders!
1. The idea was originally published on 19th Feb and will be attached.
2. We see a break of the 25250 high as we had expected in the previously published idea.
3. BTCUSD tested 161.8% level and fell over 2000 points in a couple of hours. Not a mere resistance, it's much more than that.
4. Some consolidation is expected before we place our sell orders. From when this idea gets published, I expect a move up in the hourly tf above the said red line. Once the market moves beyond the red line and gives a closing in the 1hr tf, we can place sell orders below the Red Line.
5. One thing I've learned the most in trading experience is that when the whole lot is buying like it's a bull run that never ends, we sell. And when the whole lot is absolutely pessimistic about the market, we buy . Obviously, we should back this psychology with fundamental or technical analysis.
Do use proper risk management.
Happy Trading!
Profits,
Market's Mechanic.
#BTC 🔴 H1 SHORT (BITCOIN) Possibly W1 PPR ⬇️Interesting developments in Bitcoin. It seems that they tried to break through 31k several times, but at the same time, the 30k resistance worked out many times.
But the last powerful impulse on the background of FUD took out the stops of all the longists, who stubbornly gained their positions in the LONG for a long time.
We have been moving in the H1 range for a whole week, and most likely, the last downward impulse predetermined the current situation in BTC.
At the D1 resistance, and the upper limit of the H1 range, a Double Top has formed, a Global Imbalance Level, which the price has already tested. And this gives an excellent signal to open a sell position. A retest of the imbalance is still possible, after which, with a high probability, we will go into the long-awaited correction, to the lower border of the H1 range (29982) and up to the previous Impulse Level (28737)
p.s. In addition, on W1 we have a hint of the formation of a Bearish PPR, the implementation of which will definitely send the price to the level of 28.8-28.6K.
p.p.s. In addition, the current Bitcoin Futures Contract on the Chicago Exchange expires on 07/01/2023. Accordingly, there should be significant volatility in the market.
input: 30605 (on unbalance retest)
stop: 31227
tp-1: 29982
tp-2: 28737
BITCOIN
BTC | 1H: Today PlanIt seems like a big move is coming. The probability of a breakdown in crypto is high. Looking for short today. CRYPTOCAP:BTC will hunt the 31k and Next 29k? Both DXY and SPX are bullish. I don't know which is fake action. Lets see!
Previous day:
VAH: $30764
POC: $30642
VAL : $30384
Date: 28 June 2023
Market Reactions to Fed’s “Hawkish Pause” Market Reactions to Fed’s “Hawkish Pause”
Today the Federal Reserve chose not to proceed with an 11th consecutive interest rate hike, opting instead to assess the effects of the previous 10 hikes. However, the Fed announced that it anticipates implementing two additional quarter percentage point increases before the year concludes. While the pause was largely expected, the fact that policy makers see rates at 5.6% at year-end was what caught the market off-guard.
The combination of the pause with the suggestion of two more 25 basis points hikes has been dubbed the “hawkish pause”.
Following the decision, stock market closing results were mixed. The Dow Jones closed more than 230 points lower, while the S&P 500 and the Nasdaq experienced gains of 0.1% and 0.4% respectively. The Nasdaq Composite was primarily bolstered by the gains made in AI-adjacent stocks of Nvidia and AMD.
The day began with Bitcoin surpassing $26,000. However, it has since retraced to a 24-hour low of $25,791. Some analysts are predicting an inevitable drop to $25,000 based on recent cryptocurrency news that is dominated by discussions on regulation.
Meanwhile, gold prices initially rose to touch $1959 per ounce in the session but later trimmed gains, trading around $1945.
The dollar has weakened across the board, with the DXY down 0.32%. The NZD is the biggest mover, rising by more than one percent to a 3-week high of $0.6211. Gains in EUR and GBP were more modest, at +0.39% each.