Bitcoin Analyze (🦀🦀🦀,15-minute Time Frame,02/19/2023)!!!Bitcoin managed to form a Bearish 🦀Deep Crab🦀Harmonic Pattern in the resistance zone and PRZ(Price Reversal Zone), while point D of this pattern is formed in TRZ.
Also, the break of the upper line of the ascending channel was fake (bull trap).
As a result, I expect Bitcoin to fail to break the resistance zone to the upside and start falling.
❗️ Note ❗️: if Bitcoin goes up over $25340, the scenario will change.
Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰.
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BTCBUSD
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Bitcoin is breaking out of this triangle 📐 to the upside so there is chance for run to 26600 and even higher. Just bought at 24869. Breaking out to the downside and reaching the Stoploss level would mean invalidation of the pattern.
ENTRY : local high @ 24869
STOPLOSS (SL) : local low @ 24539
TARGET : height of the triangle projected from midpoint of the local range (BUY - SL) @ 26600
REWARD RISK RATIO (RRR) : 5.2
INVALIDATION : when SL level hit
This thesis is supported by my other BTC analysis - check down below:
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BTC 🔵 or 🔴 ?Roses are red, violets are blue. Bitcoin pumping⛽ but currently being below trendline resistance. I have 2 bullish scenarios in my head how we could get to the target. Blue🔵 or red🔴? We could hit the target in few weeks anyway. Target being projection of the previous range 100%-0%, it's just measured move added to the range high (100% @ 21480). Simple yet powerful technique. See the REKTanglez😁 on pic below, and it should be clear.
PS: Hover over the BIZ circle and you will find a treasure!
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
Bitcoin Analyze (Short Term, 15-minute Time Frame,02/18/2023)!!!Bitcoin was bullish today, but I don't think it will continue this trend; one of the most important reasons for me is the wave structures, which I don't mention in this post.
Another reason is the possibility of forming a Bump-and-Run Reversal Top Pattern.
The Bump-and-Run Reversal Top Pattern forms when, after a gentle upward trend, a more aggressive one appears on the chart. The price pivots at the peak and then falls like an avalanche.
In this scenario, only professional skiers/traders survive and thrive with considerable portfolio gains. In the following section, I will teach you how to make money when there’s blood in the snow!
This pattern forms when the price rallies too far up. People second-guess themselves buying at such high prices while sellers sell confidently, causing a downward trend. This means you can see a clear reversal in the Bump-and-Run Reversal Top Pattern. Although this pattern is considered a single entity, it consists of three separate parts or phases:
1) Normal and steady trend, called the “Lead-in Phase.” Imagine it as walking up a mountain.
2) Market participants going crazy with greed, called the “Bump Phase.” You can imagine this one as an ascent to the mountain’s peak.
3) The price falling and causing bloodshed of candles, called the “Run Phase.” At last, you ski down the snow, collecting profits on your way.
Bitcoin seems to have passed the peak of the Bump-and-Run Reversal Top Pattern Bump and is completing this phase.
After breaking the support trend line, the Run phase is expected to start.
Also, we can see the Regular Divergence(RD-) between Lead-in Phase and Bump Phase.
❗️ Note ❗️: After Bitcoin breaks the Bump Trend line, we can confirm the bump-and-Run Reversal Top Pattern.
❗️ Note ❗️: if Bitcoin goes up over $25300, Bump-and-Run Reversal Top Pattern will fail, and Bitcoin can go up more.
Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰.
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BTC better to hold this supportPlease 1st of all smash the boost🚀 button to support my work if you like it! It's absolutely for free.
Bitcoin having nice ride up. I will not sell as long as this cyan support zone created by cluster of uptrendlines holds.
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Bitcoin Analyze (Short Term, 15-minute Time Frame,02/17/2023)!!!It seems that Bitcoin was able to complete microwave 4 of microwave 5 of main wave 5 near the heavy support zone.
I expect Bitcoin will continue its growth to around $25780 or maybe more.
❗️Note❗️: My posts are NOT financial advice in any way.
Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰.
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Bitcoin Analyze (Road Map, 02/16/2023)!!!🗺️Bitcoin has confirmed the end of its main wave 4, by to the growth it had the previous day.
I expect Bitcoin to start growing again after returning to the broken resistance zone and complete its main wave 5.
You can see Bitcoin's daily and weekly analysis from the links in the chart.
Bitcoin Analyze ( BTCUSDT ), Bitcoin Analyze ( BTCUSDT ), 4-hour time frame⏰.
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BTC trendlines to watchPlease 1st of all smash the boost 🚀 button to support my work if you like it! It's absolutely for free.
I would expect ₿itcoin to move between the lines inside the rising wedge at least for a while. The wedge upper edge should act as dynamic resistance, while the lower edge should act as dynamic support. Let see how it goes... 🍿
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Bitcoin Analyze (Short Term, 15-minute Time Frame,02/13/2023)!!!I hope you have followed my posts and swept the market😎 💵dollars💵😎.
Although my posts are NOT financial advice in any way.
It seems that after Bitcoin went through a bull trap, it completed microwave 4 of wave C and is currently on the way to completing microwave or, rather, completing wave C.
The structure of microwave 5 of main wave C can be an Ending Diagonal pattern.
I expect Bitcoin to start growing around the Monthly Pivot Point(or PRZs) and find the end of its wave C.
Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰.
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Bitcoin Analyze (Road Map, 02/05/2023)!!!🗺️After breaking the important downward trend line, Bitcoin seems to have passed the main corrective wave A and is on the way to completing the main corrective wave B.
If you are curious about the structure of the main wave A, I suggest you take a look at the following post.👇
If you pay attention to the microwaves on the daily time frame, you will notice that Bitcoin has passed microwave 3, and since microwave 2 was a price correction, I expect microwave 4 to experience a⏰ time⏰ correction.
I marked the end of microwave 4 (zone) on the chart.
We can also consider microwave 4 as a pullback to the broken important downtrend line.
The interesting point is that SMA50 and SMA200 are creating one of the famous signals, the Golden cross.
🟡What is a Golden Cross❗️❓🟡
A Golden Cross is a basic technical indicator that occurs in the market when a short-term moving average (50-day) of an asset rises above a long-term moving average (200-day). When traders see a Golden Cross occur, they view this chart pattern as indicative of a strong bull market.
❗️ Note ❗️: Be sure to follow me in the next post; I will talk more about Bitcoin's bullish signs, targets, etc.
Bitcoin Analyze ( BTCUSDT ), Daily time frame ⏰.
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Bitcoin Analyze (Short Term,15-minute Time Frame,02/15/2023)!!!It seems that Bitcoin has created the 🏁Bearish Flag Pattern🏁 between heavy resistance and support zones; the shooting star reversal pattern can be a good sign for the beginning of the downward trend in the coming hours.
I expect Bitcoin to decline to at least the support zone.
Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰.
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Bitcoin Analyze (Short Term, 15-minute Time Frame,02/11/2023)!!!Today's analysis continues the previous analysis about Bitcoin that I shared for you in the 1-hour time frame.
I suggest you spend a few seconds on the previous post.👇
As you can see in the chart, Bitcoin is moving in the heavy support zone and PRZ(Price Reversal Zone); at the same time, it seems to be completing wave 4 with a zigzag(ABC) correction.
I expect Bitcoin to rise to the resistance zone and then fall back to the zone I marked on my chart.
Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position that you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
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BTC will bounce soon according to …BTC / USDT
Elliot impulse waves subdivide into five waves. Three of them are motive waves (1, 3, and 5) and they move in the direction of a trend. Two of these five impulse waves are corrective waves (2 and 4), so they move against a trend
What i think is that we are in corrective wave 4 which about to end soon (Healthy correction) before wave 5 which will pump BTC to 27k - 32k
My Expectation :
I expect the price will bounce soon either from :
1- Current level ( from here till 20k )
2- Second level around 18k
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If you have any questions feel free to ask in comment section below ⬇️
Quick BTC outlook!Here's a quick look at the 6 hr. BTC chart. As we can see, the price broke below the broadening wedge and is currently testing the support zone. We should expect much lower prices if the price breaks below the support zone.
There are some unfilled Fair value gaps between 20k and 18k. These gaps tend to get filled at some point! Also, the DXY is expected to rally from its current level - when the DXY goes up, the BTC price will go down!
I firmly believe the bottom will be close to the 10-12k area. We have yet to see the last capitulation, IMO, yet! Trade Safe!
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What's a Fair Value Gap?:
A fair value gap is the difference between a financial instrument's theoretical value and market value, such as a derivative or security. It can indicate a misprizing opportunity for traders to profit by buying or selling at the misprized level. In other words, there is a gap in the price in which some open orders still need to be filled. The price will return to fill the orders.
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BTC dictates the market. If BTC falls, then Alts will drop as well. Trade safe!
Bitcoin Analyze (Short Term, 1-hour Time Frame,02/09/2023)!!!Hi everyone👋
If you have been following me, most likely some of today's chart is familiar to you 😊.
Over the past month, I have tried to share with you most of the major movements of Bitcoin in the 15-minute time frame.
I hope these analyses have helped you make a profit, although my analyses are not financial advice.
Let's go back to today's chart:
After breaking the support zone, Bitcoin is attacking the heavy support zone, also with the help of Elliott wave theory, Bitcoin is most likely completing microwave C of zigzag correction.
I expect Bitcoin to rise again, at least to the broken support zone.
Bitcoin Analyze ( BTCUSDT ), 1-hour ⏰.
Do not forget to put Stop loss for your positions (For every position that you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
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Bitcoin price scenario I publish the analysis for bitcoin price scenario. Buyer/trader can buy at golden ratio Fibonacci (19,520-19,516). The supply of bitcoin price is at 30,500-30,600, then it will rise high to supply area, and next going to demand area at 11,000.
#Bitcoin - thoughts out loud #4Good afternoon , dear colleagues!
I'm happy to welcome everyone who wants to get acquainted with my vision of the current situation on this instrument.
I expect further depreciation of the asset.
Dear colleagues, I sincerely thank you all for your attention and wish you all success!
And remember one thing:
"sometimes you win , sometimes you learn ".
Bitcoin Analyze (Short Term, 15-minute Time Frame,02/01/2023)!!!Today, I want to share Bitcoin analysis by one of the classic technical patterns.
It seems that Bitcoin is running in a symmetrical triangle.
I expect Bitcoin to go up after breaking(valid) the upper line of the symmetrical triangle.
Also, Bitcoin was able to make a fake break.
Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position that you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
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Bitcoin Analyze (Short Term, 30-minute Time Frame,01/30/2023)!!!Bitcoin moved as I expected✅😎👇
Since the collapsing waves have a structure of 5 microwaves, it seems that Bitcoin is forming one of the most common corrective patterns, namely Expanding Flat (3-3-5).
I expect Bitcoin to go down until its support zone and then start to rally.
Bitcoin Analyze ( BTCUSDT ), 30-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position that you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
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