BTC bottom in ?? Nah!In this chart I have illustrated a possible scenario which can play out (at least that's what i think).
There is still a lot of sell off left .
1. Volume decreasing on daily
2. Price is below the weekly MA for the 5th week in a row
3. Unstable macro economic conditions
For all those who are saying the pi-cyle bottom flashed. I have only 1 question:
Did bitcoin ever trade in a macro bear market ? Cause all the times pi model printed a bottom it was in a macro bull market (Just like bitcoin broke the previous ATH to the down side . this was something which never happened before)
Cryptocurrency
KCS shall bounce from here!!This is based on fundamental analysis.
Since $BTC has shown a 10% up on a weekly candle, I'm bearish about bitcoin. And this time bitcoin shall crash below 16,000 $USDT as $KCS will follow somewhere near $8. Don't open any leverage trade based on this analysis, just open a spot order between these rates.
BITCOIN IS FORMING A W PATTERNBitcoin market update: #Btc has formed a W pattern on the daily, meaning a chance of a reversal towards 26.6k should we break 22,800. The RSI also has formed a higher high, indicating a possible price momentum towards the upside.
Although price could go up from here, don't be fooled , that we are still extremely bearish on the daily and weekly and this move is only to trap retail, spread euphoria and form a higher low.
Trading Signal For SHIBUSDT SHIBA INUTrading Setup:
There is a Trading Signal to Buy in SHIBUSDT SHIBA INU
Traders can open their Buy Trades NOW
Rank : ⭐️⭐️
⬆️Buy now or Buy on 0.00001035
⭕️SL @ 0.00000960
🔵TP1 @ 0.00001273
🔵TP2 @ 0.00001534
🔵TP3 @ 0.00001842
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
If you liked our ideas, please support us with your likes 👍 and comments .
#BTC/USDT 4HOUR UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
BTC /USDT UPDATE !
As we can see from the chart mentioned above, BTC broke above the upper trend line of this triangle pattern, and a retest Is likely in the upcoming hours.
Retest will be the confirmation to rally above the price level of $22.4k again.
Break below the lower green support will lead BTC again to move back inside the triangle pattern.
Let's see how it performs in upcoming hours.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
Short Position below 1200. Aggressive short below 1175. Sideways market on hourly/mins time frame. Looking to short the range breakout below 1200 and further if the price reaches to 1175. Would stop looking for shorting opportunities if price goes above 1250. Till then, just try to follow the channel resistance.
Bitcoin Elliot wave analysisBitcoin BTCUSD trend is now up, then down
Bitcoin is overall preparing to back set go towards south zones on bigger picture's Elliot wave counts,
but currently we are expecting very little counter pull back rally towards north near 22500 zones, there after we are assuming good fall again towards south directions.
all the possible degree wave counts are shared in snap shots below
Possible wave counts on weekly time frame
Possible wave counts on daily time frame
Possible wave counts on 4 hourly time frame
positive divergence in both macd and rsi
RSI double breakout on hourly chart.
MACD positive crossover on hourly chart
MACD positive crossover on daily chart
Lower Bollinger also uptick
Trigger point is breakout this black resistance trendline
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.
how to buy/sel gold, stocks or cryptocurrencies at a good price?How to buy gold, stocks or cryptocurrencies at a good price in a bear market?
There are usually two trading strategies, it depends on whether the market is in a bullish or bearish phase.
The common sentiment of many people in an uptrend, they think that the market will continue to increase so they can buy at any price, leading to fomo psychology and many people losing heavily.
Conversely, in a bear market, many people are afraid that the market will continue to go down and will not buy a good price, or when the price drops to a certain level, they will buy because it is a low but realistic price. the market continues to go down
How to avoid the above mistakes?
These are 2 reliable technical indicators for everyone. it is not bollinger bands or rsi indicator.
What is its effect?
"AromB Market Index""
One is to help you know if the market is near a bottom or near a top.
The second is the market going down or going up.
"AromB PL"
three is the price at which you can best buy in a bear market or the price at which you can best sell in a bull market
The combination of the two indicators above is probably a perfect match.
Do not use elliot or wyckoff waves to predict prices, which will lead to subjective errors.
ETH Range Bound Mean Reverting TradeETH Has been trading a range of 1000-1250 and looks to continue that until a major event/stimulus.
Currently at the upper end of the channel, a short side trade can be initiated with the target of 1000/
View invalid if ETH breaks upper edge of channel towards 1300.






















