Wyckoff 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...
There is a Trading Signal to Buy in BTCUSDT Bitcoin.
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 15924.00
⭕️SL @ 15663.00
🔵TP1 @ 16566.00
🔵TP2 @ 17000.00
🔵TP3 @ 18000.00
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
If you liked...
The daily TM analysis, my next target for this dumb is 12k, unless FED continue to pivot, and you should note with the falling trendline resistance which the break above could change the game to bullish run.
QUICK UPDATE - we spotted the inverted head and shoulder and traded it well and reached our target
Current Condition = price has tested the previous hourly and 15m rejection zone and trying to sustain it
So, we drew waves after the breakout of head and shoulder
as per textbook ratios the price tend to form accordingly
now price has reached it 3 impulse wave,...
BTC is ranged and just completed its short downtrend in the range of 24248.29 and 18475.74. And now we can see a short uptrend towards 24248. And rsi is also showing bullish divergence. Our main resistance and support levels are 20783.57 and 23195.31.
BTC has been trading lower within the falling resistance boundary from 10th of November 2021 till date.
I expect more down on BTC with the below reasons however FED's decision may change the game anytime, this is why we suggest trading with care, strong confirmations, and minimising risks.
Bearish descending triangle, descending resistance weekly and daily,...
BTCUSD has has enough of sell side liquidity. TIME for BTC to perform and first target of $30K, if we sustain that we can possibly hit $37-39k by OCTOBER, MID NOVEMBER.
The move will start this week after September 20.
market is in the range and btc created a eq low and on that orderblock there is our demand zone on which btc just landed and made a low on their after taking the above liquidity, so there is high chances that now it can go up!
$BTC is on the support level and just made another eq low and it might be forming range because of our previous strong pulse wave for accumulation and distribution... so we can now see another bull run to may be 24500