I'm just analysing BITCOIN in case of an alternative to equity market worstcase scenario. BITCOIN chart shows flag formation. It looks like ready to breakout of channel. Target may be Long-term Channel midline.
I have opened long positions at 60k, 61k, 62k, and 63k. Now, I expect a slight dip to fill the CME gap. I am closing 50% of my position to book some profit and will add more if the price comes down. The prices I am looking to add long positions at are 64411 and 63501. There is no new CME gap formed between 64405 and 64495; it will fill sooner or later.
Btcusd took reversal from demand zone. Also took the liquidity. It might go up from here to collect buyside liquidity.
Old Short-Trade Update and Long-Term Plan: The CME Gap is anticipated to be filled at 64,210. I have closed 80% of my short position at 65,551 and am now planning to initiate buying orders. Key levels to monitor include 64,210, 63,411, and 61,051. As for the stop-loss, it remains undetermined at this stage, and I will provide updates upon closing my positions....
BITCOIN FACING A SUPPORT LINE DALY chat plus a neckline BREAKING In daly chat bitcoin facing a support line Please check your own And you can see the neckline also breaking And over here a good falling also swowing it will balance the fall by retraceing with powerly due to support plus breakout So it's a good opportunity for buy Don't hesitate to trade Grab...
Bitcoin Technical Analysis update Bitcoin is forming a triangle pattern on the 4h chart. Currently, the price is trading within the triangle just above the 200EMA. We can expect sideways movement around the 65.5k level before a potential breakout. If the price fails to hold above the 200EMA, it could test support at the triangle's bottom line around 63k. Regards Hexa
I was shorting BTC from 70k. You can check my previous posts. Now, we might see a change in trend. The CME Gap will be filled at 64210, where I plan to close 80% of the short position and initiate buying orders. The levels to watch include 64210, 63411, and 61051. As for the stop-loss, it's undetermined at this stage, and I'll provide updates upon closing my...
As btc is in clear uptrend and it did a break of structure that i have marked BOS on chart.And as bos done there is a demand zone which is our poi. There are three liquidity zones that i have marked onto the chart as well. And trendline liquidity is also marked. Perfect entry and exit zones are given on the chart. What is your idea?
1 CRYPTOCAP:BTC = $100,000. Above 70k bitcoin is extremely bullish, with another all-time high reached today. While some pullback is expected, it's likely to set the stage for another impressive pump. Send it to 75k! Previous Day: VAH: $69826 POC: $69418 VAL : $68980 Date: 11 Mar 2024
Bitcoin has been consolidating for a long period . Now trying to play monday range with some sort of Confluences. Let's see how market reacts. Don't forget risk management above anything
BTC is still bearish in monthly chart, but it's bullish on medium term chart which is weekly time frame. Now, plan will be buying on every pullback. Waiting until not got desired price.
As you see market is filling DAILY POI I already drawn on 15Jun23 @25755.67 That POI worked as a magnet! and we can see price mitigates there price started to fall -14.79% And now price will fill imbalance which is @23986.92 to @20687.13 PLUS there is a another POI for long side! price will bounce there too. After that we can expect a New High on BTCUSDT a...
Range H4, within which the price has been moving stubbornly for more than three weeks. After the enchanting liquidation of all longists by one hourly candle (who expected continued growth above 31K), an imbalance formed at the lower boundary of the H4 range, which I decided to take into work. But he predicted the development of events for Monday, when all markets...
Hello Friends, Here we had shared possible Elliott wave counts on 4 hourly chart of crypto currency BTCUSD Bitcoin, in which we can see that we are in impulse phase of waves in some degree and we had completed wave 1 & 2, and now possibly we are in wave 3, in which wave (i) of 3 has completed and now possibly we are at the verge of completion of wave (ii), we can...
@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...
Now looking for a Monday low sweep in $BTC. We will try a long if we sweep of ML. and Sunday low (30.1k) also good for long entry. FOMC minutes today trade safe guys! 🫶🏻 Previous day: VAH: $31217 POC: $31003 VAL : $30837 Date: 5 July 2023
#BTCUSD 1H chart providing us another entry setup. all my rules coming to confluences. looking for entry within 1H OB.
Bitcoin took support at the neckline of the head and shoulder pattern and now is back to the former resistance levels from where it fell. This is a key pivot level and any break above this will open up a substantial upside for the crypto currency. We have also been getting a good rally in the equities and is there now a case when the riskier assets are being...