Btcusdshort
bitcoin down momentum detectedbitcoin down momentum detected
bitcoin breaked a neckline and now trying to retest
now there is a huge chance it will fall a lot for short termseller
grab it with a huge amount
thankyou
bitcoin breaked a neckline and now trying to retest
now there is a huge chance it will fall a lot for short termseller
grab it with a huge amount
thankyou
BITCOIN SHOWING A GOOD FALLA good falling detected on bitcoin
It's showing a fall due to these reason
1. It's following the double top pattern over here
2. It's ready to break the neckline
3. After a good. Move refreshment will occur
Just grab out will your own risk
With a small amount
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Stay happy
Bande mataram
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BTCUSDT Bitcoin bearish on Daily chartA bearish view on Bitcoin suggests a belief that the price of Bitcoin is likely to decrease or face a downturn in the future. It's important to note that the cryptocurrency market is highly speculative and influenced by various factors, so any predictions come with a degree of uncertainty. Here are some reasons someone might hold a bearish view on Bitcoin:
Regulatory Concerns: If there are increased regulatory pressures or crackdowns on cryptocurrency trading or usage in major markets, it could negatively impact the demand for Bitcoin.
Market Sentiment: Bearish sentiment can be driven by overall negative market sentiment, fear, uncertainty, and doubt (FUD) surrounding Bitcoin or the broader cryptocurrency market.
Technical Analysis: Traders and analysts often use technical analysis to identify potential trends and patterns in price charts. Bearish technical indicators might include patterns such as descending triangles, head and shoulders, or bearish divergence.
Macro Economic Factors: Economic downturns or financial crises could lead investors to sell off riskier assets like Bitcoin in favor of traditional safe-haven assets such as gold or government bonds.
Competition from Other Cryptocurrencies: If other cryptocurrencies or blockchain projects offer better technology, features, or solutions to specific problems, investors might shift their focus away from Bitcoin, affecting its price.
Security Concerns: Instances of significant security breaches, hacks, or vulnerabilities in the Bitcoin network or associated platforms could erode trust and confidence in the cryptocurrency.
Market Manipulation: The cryptocurrency market is still relatively young and can be more susceptible to market manipulation, which could lead to artificially inflated prices followed by sharp declines.
It's important to conduct thorough research and consider various perspectives when forming an opinion on the market. Predicting the future movements of Bitcoin or any other asset is challenging, and the market is subject to rapid changes based on news, sentiment, and external factors. As with any investment, it's crucial to carefully evaluate risks and make informed decisions based on your financial situation and investment goals.
BTCUSD Short Trade 100% Perfect🤑🤑#We Make Only Profit.
Bitcoin's price today is US$30,001.65, with a 24-hour trading volume of $10.88 B. BTC is +0.41% in the last 24 hours. It is currently -4.42% from its 7-day all-time high of $31,388.55, and 0.96% from its 7-day all-time low of $29,717.09. BTC has a circulating supply of 19.44 M BTC and a max supply of 21 M BTC.
#BTCUSD #XRPUSD
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Technical analysis and options trading can go hand in hand. Many of the best practices for options trading come directly from technical analysis concepts. Technical analysis focuses on price. Fundamental analysis does not solely focus on price.
BTCUSD in correction phase for long term uptrend.Elliott Wave Analysis : BTCUSD Swing Daily Uptrend, Intraday Downtrend
Trendline analysis on BTCUSD.
Trend Identification: Swing Downtrend BTCUSD .
Support/Resistance Levels: Identify key levels on the chart for potential entry and exit points.
Price Behavior: Daily Bullish pullback with market structure.
Targets: T1 = 27500, T2 - 26500. Check for Entry and Stop-loss.
Risk Management: Set appropriate stop-loss levels to manage risk and protect against adverse price movements.
Confirmation Indicators: Elliott Wave Corrective wave C.
Conclusion: Based on the chart wave analysis of , BTCUSD is Downtrend has been identified. Combine this analysis with thorough research and risk management strategies to make well-informed trading decisions. Avoid counter-trend trading. Happy trading!
(Note: Trading is subject to market risk. This is analysis not an trade idea for trade.)
BTCUSD - 3 Bearish Chart Pattern It's important to note that the behavior of the BTCUSD pair can be influenced by a wide range of factors such as global economic conditions, political developments, supply and demand, and market sentiment. Therefore, it's important to do your own research, analyze the market conditions, and consult with a qualified financial advisor before making any investment decisions.
However, I can provide an explanation of the three bearish chart patterns you mentioned, which are the double top pattern, bearish pennant pattern, and rising wedge pattern.
The double top pattern is a bearish chart pattern that occurs when the price of an asset reaches a resistance level twice but fails to break through, forming two peaks that are approximately the same height. This pattern indicates that the buyers are losing momentum, and a trend reversal may occur.
The bearish pennant pattern is also a bearish chart pattern that occurs when the price of an asset consolidates after a sharp downward move. This pattern is characterized by two converging trendlines that form a triangle, with decreasing volume and volatility. The bearish pennant pattern indicates that the sellers are gaining momentum, and a trend continuation to the downside may occur once the price breaks below the lower trendline of the pattern.
The rising wedge pattern is a bearish chart pattern that occurs when the price of an asset is trading within an upward sloping channel but with a contracting range. This pattern is characterized by a series of higher highs and higher lows that form two converging trendlines that slope upward. The rising wedge pattern indicates that the buyers are losing momentum, and a trend reversal to the downside may occur once the price breaks below the lower trendline of the pattern.
It's important to note that chart patterns are just one of the many tools used by traders to analyze the market, and they should not be relied on exclusively for investment decisions. Additionally, it's essential to use risk management techniques, such as setting stop-loss orders, to limit potential losses if the trade does not go as expected.
In summary, the double top, bearish pennant, and rising wedge patterns are all bearish chart patterns that can occur in the BTCUSD pair or any other asset, and they indicate a potential trend reversal or trend continuation to the downside. However, investors should conduct thorough research and analysis and consult with a financial advisor before making any investment decisions based on chart patterns.
BTCUSD possible Elliot wave counts, are we heading towards 10k ?Hello Friends
Here we had shared possible Elliot wave counts of BTCUSD bitcoin which are aligned from weekly to daily and daily to 4 hourly, so conviction is getting more stronger due to alignment of multi time frame's wave counts.
From the starting point of BTCUSD we had tried to plot wave counts and it's showing that we are now near to complete correction phase as A-B and C, on completion of wave C whole correction wave cycle as a wave (2) must be complete, so after A-B now we are in C wave which should unfold in five subdivisions, in which we had completed 1st , 2nd, 3rd and now 4th wave of C, and now possibly we have started to unfold final wave 5th of C, in which we are near to complete one degree lower wave 1 of 5th wave of wave C of bigger wave (2). As per Fibonacci and Elliot wave measurements we can assume that we can witness new fresh lower lows compare to previous lows.
Question clicking in mind that, are we heading towards 10k ? God only knows. Post correction fresh impulse should start as a fresh journey towards north.
In current scenario if price give some rally upwards which can be part of wave 2, which should not retrace 100% of wave 1, One can find shorting opportunity on rise only, along with invalidation level of swing high of initial point of wave 1 which is pegged at 25271 as a selling stop loss.we are not responsible for any kinds of your profits and your losses.
My studies are for educational purpose only, please note this is not any type of tips or advisory, I am not sebi registered analyst or advisor, please consult your financial advisor before trading or investing.
we are not responsible for any kinds of your profits and your losses.
Thanks
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business.
If you treat like a hobby, hobbies don't pay, they cost you...!
Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
BTCUSD - 45M PROJECTIONDISCLAIMER: The Company accepts no accountability or obligation for your trading and speculation results, and you consent to hold the Company innocuous for any such outcomes or misfortunes. We are not financial advisers or account managers; We are Forex traders. The recordings on this channel are rigorously for educational and amusement purposes. Trading Forex implies dangers, and you can lose all your venture ; consequently, you exclusively must take a chance.
Short View On 4hr chart we can see the rise has rised above 80 which is the oversold region.
Whereas there is an orderblock or the High Demand area of 21000-21500 which is working as resistance for now.
Retracement is required for futher move as it is going in one direction.
Retracement is expected till 18000-18500 levels which is supply zone or support for now.
If that levels is sustain then we can expect the another upmove otherwise we are going back to pavillion.
Trade as per your risk management.
BTC ANALYSIS#BTC UPDATE.
#BTC has currently trading at the red box resistance after a perfect bounce back from the yellow box support area.Since btc has the resistance level and we have bearish RSI on 4H TF ,therefore be careful with your trades as there could be rejection from the current resistance is possible until btc closes above the red box resistance area .
BTC ANALYSIS#BTC UDATE.
#BTC has perfectly bounced back from the yellow box support and is looking to test the red box resistance area again,if btc manages to close above the red box area then the pink box will be the next resistance for btc.Note that btc dump is still not over,in case btc loses the yelow box support area we will see dump again.
BTC ANALYSIS#BTC UPDATE.
#BTC is now trading above the daily support after closing below the green box support area.The move not complete yet and btc might again test or close below the the green box support area and if btrc close below to the green box area we might see huge dump but for that move we have to wait fior the daily close.
BTC ANALYSIS#BTC is currently trading at the very bottom of the huge support level that is the purple box area and break below and close below this level could be huge for btc and the alts.Expecting huge swing moves below and on the current support level.Be careful with alts trades in btc and alts as well.
BTC UPDATE #BTC UPDATE.
#BTC is still trading in the accumulation range in the green box area, red box is still a very strong resistance for BTC. We saw same volatile move in the red box area and in future we might see these kind of moves in the red box area resistance zone so again I wanted to remind you guys, do not trade in the green box range. Trade above the red box area only on confirmation.