BTC/USDT SELL/SHORTbitcoin can move down
In this analysis, we are observing the potential repetition of market history by comparing the current Bitcoin price action to the previous bearish cycle. By utilizing Fibonacci retracement levels, historical patterns, , we can formulate a hypothesis that the market might follow a similar trajectory if bearish sentiment prevails.
Bitcoin-bitcoin
BTCBTC mitigating Daily timeframe order block to moving upside. Next Bitcoin mitigate order block (3) to moving upside is high possible.
Order block (2) was sell side order block. So some downside correction possible. If the order block (2) was fail, bitcoin moving upside.
Bitcoin mitigating Daily timeframe order block. So the Trend reversal was high possible. But $62800 is best support zone. Maybe Bitcoin moving downside to touch the support to moving upside is high possible.
BTCBTC mitigating orderblock (1) to moving downside. Order block (2) was already work. So this time it was fail high possible.
Order block (4) was next sell side order block. If this order block was fail, bitcoin moving upside and sweep the swing high (💀) to moving downside.
Next $63100 is possible support area.
BTC Bitcoin Strong Bullish Will Rise to 37000,46000 and 71000USDBTC Bulls to Retarget $31,500
BTC could be in for a choppy session as investors consider the chances of SEC approvals for the ETFs and US inflation in focus.
the crypto news wires provided much-needed support. News of Fidelity filing for a spot Bitcoin Exchange-Traded Fund (ETF) was the key to the bullish session.
This morning, BTC was down 0.03% to $30,524. A bearish start to the day saw BTC fall from an early high of $30,534 to a low of $30,507.
Looking at the EMAs and the 4-hourly candlestick chart (below), the EMAs sent bullish signals. BTC sat above the 50-day EMA ($30,032). The 50-day EMA pulled further away from the 100-day EMA, with the 100-day EMA widening from the 200-day EMA, sending bullish signals.
A hold above S1 ($30,158) and the 50-day EMA ($30,032) would support a move through R1 ($30,882) to give the bulls a run at R2 ($31,232). However, a fall through S1 ($30,158) and the 50-day EMA ($30,032) would bring S2 ($29,784) into view. A fall through the 50-day EMA would send a bearish signal.
Resistance & Support Levels
R1 – $ 30,882 S1 – $ 30,158
R2 – $ 31,232 S2 – $ 29,784
R3 – $ 31,956 S3 – $ 29,060
Strategy Bullish
3Lots
2 Lots will be excecuted at Profit Target Zones
1Lot will follow the Trend
It will be only!!! excecuted ,if Bullish Trend changes
The stops will be delivered as soon as possible to break even,better some pips above the Buyinh price
I have marked my profit targets
Psychology:
1:The price is always right
2The Market is alwas right
3 The Chart is always right
4 IGNORE THE NEWS; Plan your trades and trade your plan.
5Drawdowns are partof the game
6 Risk management and money mangement is King!
7 wHATEVER HAPPENS;sTICK TO YOUR PLAN!
8 In a bear market no price is weak enough
9 In a bull market no price is strong enough
10 Patience !Wait for confirmation: Control emotions and tensions.
Bitcoin (Urgent Analysis) 😱😱Hello Guys.
How are you?
I hope you always be happy and successful
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Today I want to give you an update on the movement of the Bitcoin
So, Let's go.
In my opinion, Bitcoin is done, Unless the price can stabilize above $38300 with a strong candle, preferably Marubozu with high volume (stay above 38300 for 2-3 days) the volume must confirm this move.
If Bitcoin succeeds in being stable above 38300, the next target will be 58000 USD
otherwise, Bitcoin will drop more than you think. and we are still in the bearish trend.
Wait for the big news. for example, canceling the ETF at this time The expansion of the war in the Middle East the start of the China-Taiwan war, or something else that will cause to drop in Gold and other markets.
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I believe my analysis.
Good Luck
Ho3ein.mnD
Bitcoin Day Trading Setups, Scalping Entries🖥️ We have determined there is a 65% chance Bitcoin will Fall from our current entry point.
📉 SHORT BTC - Entry Price Adj. to : $24,460 📉
💵 Length of trade: we are expecting BTC to hit a 300 scalp, with a high end of $500, and a minimum expectation of $200.
We see BTC back testing $24,000
We are playing off that generally after these news spikes with the CPI, we have a retracement in the next 48 hours.
🕰️ Duration of trade: we are expecting this to occur in 6 hours of this signal, with a maximum duration of 9 hours .
Bitcoin potential trade setupBitcoin is likely to come down to 30,832 - 30,325 before its next leg up towards 34k. This key zone also merges with our golden zone(78.6-61.8) of fib play and is a major order-block/liquidity level which is required for the push further up, as btc has ran out of steam from its previous pump.
A possible trade setup is also presenting itself,
Trade : BTCUSDTPERP
Entry - 30,736
Stop loss - 29,924
Take profit 1 - 32,307
TP 2 - 32,854
TP 3 - 33,548
DO NOT RISK MORE THEN 2% OF YOUR CAPITAL FOR THIS TRADE
Risk - Untested demand zone below stop loss. ( check charts)
Bitcoin Try to Break Upper Level SoonThere is some good news on crypto market. I think war is an opportunity for btc. Now Bitcoin want’s to move on 52000 , but here is 3 times strong support line.
Wait untill Bitcoin test the 41000 price zone or near by . Then you have an opportunity for buy it. Also watch alter for better profit. I am purely bullish with some correction.
EWT-4hrs chart for BTC on long side entry levels.Buying above 9900 of 3rd Wave , for Target 10900/11500
Risky traders , can buy 9396-9260 for the same targets (10900/11500). Targets 10120-10400 if you don't want to hold longer time period.
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PART (i)
PART (ii)
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Kinnari + Elliott's wave theory (5 + 3 = Waves), Bitcoin!Attention to the rhythm of the wave for bitcoin.
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Kinnari + Elliott's wave theory
5 + 3 = Waves
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The price is under Wave A, B, and C.
ABCDE, Triangle leading by 2-wave.
The "Parallel Channel" is respected wave 2 and waves 4 and parallel towards 3-wave.
You have figured out that Wave 4 would normally retrace 0.618% of Wave 3.