BTC: 5 bearish reasons (1/5)Hi all! Why do I think the crypto bear market is not over yet? Keep reading...
This is serial of 5 BTCUSD ideas (with 5 bearish agruments) released one after another one at a time after reaching following criterions: This idea needs to get at least 30 likes (just click the 🚀 button) and 20 comments (mine included, just say "thanks" whatever) in order to "unlock" the next idea which I will publish (here in comments) once the criterions are met and as soon as I can.
So let's get started!
REASON #1: Head and Shoulders
You probably saw this already elsewhere but...the devil is in the details (i.e. target can differ), also it's still absolutely legit. So Bitcoin reached the all-time high @ 69K, dumped hard to 42K, bounced and then dropped back down to 43K. All that price action formed Head and Shoulders pattern (which is reversal formation) with target @ 10200. Break of the neckline and several backtests (red arrows) with rejections just added to the pattern validity. Now we are far away from the breaking point (neckline) but on the other hand we are still quite far away from the pattern target. I mean from 20K to 10K it's still -50%, which is the same as from 40K to 20K. Anyway ... let me know in the comments what do you think. Boost and comment in order to "unlock" the next (2/5) BTC bearish reason! Cheers!
Check my other stuff in related ideas.
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
BTCBUSD
open source BTCUSDT Ultimate Smart Money Chart*** IF YOU ARE ICT , SMART MONEY AND WAVE THEORIES CHART GUY , PLEASE CONTRIBUTE , EDIT , AND SEND FEEDBACK FOR THIS CHART , PROFITS THAT "WE" (TOGETHER) GAIN IS SWEETER THAN EVERYTHING ***
Pfffff this is Ver 1.0 of my ultimate chart . TIRED *.*
That abbreviations for long term : LWL/H ( Last Week Low/High ) V.rev ( V shape or reversal V shape chart structure ) LML/H ( Last Week Low/High)
we are at a rough range that means breaking of that Hi/Lo s I showed there will (not might :) ) EXPLODE the price up or down.
**for short termies** : there are some points into the range that price can (70% possibility) react to them reversely .
if we break above ! that bullish and further bearish will be initiated . otherwise , if we break below ! that BEARISH move to last OB+ will be initiated ,
touching that lowest OB+ will be the END OF BEARISH ERA so we can see ATH after that crush.
And I repeat again, PLEASE CONTRIBUTE IF YOU ARE ICT OR SMART MONEY OR WAVE GUY .
#BTC #btcusdt #btcusd #bitcoin #btbbusd #btcusdc
Bitcoin Analyze (Similar movements, 10/10/2022)!!!⚖️In this post, I want to check out four recent movements of Bitcoin.
If you look carefully at my chart, you will understand that movement 1 and movement 3 moved similarly to each other; even in terms of price drop and time, they are almost equal.
As a result, I expect the fourth movement to be the same as the second movement, and we will have at least a +1.66%(top of descending channel) price growth in the 30-minute time frame.
Try to pay attention to how the price moves sometimes; maybe you can find similar movements in the charts.
It should be noted that these four movements were created in the descending channel.
Bitcoin Analyze ( BTCUSDT ), Timeframe 30min⏰.
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, Timeframe 15min,10/10/2022)!!!Bitcoin is running in PRZ(Price Reversal Zone) and near the Trend line; also, we can see the great 🔨Hammer🔨 Candlestick Pattern in this zone.
I expect Bitcoin will go up to the targets shown in my chart.
The correction structure could be Expanding Flat (3-3-5), but it is still too early to tell.
Bitcoin Analyze ( BTCUSDT ), Timeframe 15min⏰.
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.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Bitcoin Analyze (Short Term, Timeframe 15min,10/08/2022)!!!It seems Bitcoin was able to make a Barrier Triangle.
I expect Bitcoin goes down after breaking the lower line of the Barrier Triangle to the target of the Triangle.
Also, we can see a Bearish Engulfing Candlestick Pattern near the upper line of the Barrier Triangle, and this pattern can verify point E of the Triangle.
Bitcoin Analyze ( BTCUSDT ), Timeframe 15min⏰.
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.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Bitcoin Analyze (Bearish 🏴Flag🏴 Pattern, 10/06/2022)!!!Bitcoin seems to have made a bearish flag pattern in a month.
The flag pole was created with a strong move down.
The shape of the flag is an ascending channel or rectangle.
Bitcoin is currently creating a twin ceiling pattern near the resistance lines and resistance zone, and if this pattern works, we can expect Bitcoin to break the bottom line of the ascending channel, and the flag pattern will work.
I tried to draw two scenarios for the bearish flag on the chart, and if the double-top pattern is not completed, we can expect Bitcoin to start going down after hitting the resistance lines.
Bitcoin Analyze ( BTCUSDT ), Timeframe 4H⏰.
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.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Bitcoin Analyze (Short Term, Timeframe 15min,10/04/2022)!!!Yesterday, Bitcoin moved as I expected ✅👇
It seems Bitcoin was able to complete wave C near the resistance zone.
I expect Bitcoin goes down at least to the end of microwave 4 of main wave C.
Bitcoin Analyze ( BTCUSDT ), Timeframe 15min⏰.
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.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Spot Bull & Bear phases thanks to the USDT & USDC Dominance 🎯By using Technical Analysis on the USDT.D + USDC.D chart, compared to the Bitcoin chart, it becomes easy to spot Bull and Bear phases, let's have a look :
What we can see :
- Thanks to this parallel channel we can see that every time the USDT/C dominance reaches the top of the channel, Bitcoin starts a new Bull movement. And every time the USDT/C dominance chart reaches the bottom of the channel, Bitcoin starts a new Bear movement.
- As you can see, sometimes it did not reach the top or the bottom of the channel, BUT the Tenkan and the Kijun can give you the directions!
What we can expect :
- Next bull movement for Bitcoin is gonna happen once USDT/C dominance loses the Tenkan + Kijun and breaks the median line ! On the other hand Bitcoin must regain and close above its Tenkan.
- Always remember that Technical Analysis has its limits and the macroeconomic events must prevail over all analyzes, for any asset class! Ask Putin 🥲
Good luck traders, may the crypto be with you 🍀
FEEL FREE TO LEAVE A LIKE AND FOLLOW ⭐ H₿ CAPITAL ⭐
BTC Mid Term AnalyzeHi everyone this is my main Pickfork analyze for Bitcoin 1D chart
So many times checked midline resistance of Pickfork I think its impulse to the support line
This is not financial advice You can double check and open 1-5x leveraged position thank you
SL-21000
TP1-18500
TP2-17500
TP3-17000-10000
Bitcoin Analyze (Short Term, Timeframe 15min,10/03/2022)!!!Bitcoin was able to pass the 5th bearish wave with the Expanding Ending Diagonal Pattern, and I expect Bitcoin to go up to the targets I specified on the chart.
You may be asking if sub-wave 2 is above the beginning of sub-wave 1, so I've put the exact numbers on the chart to say it's not.
Bitcoin Analyze ( BTCUSDT ), Timeframe 15min⏰.
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.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Bitcoin Analyze (Short Term, Timeframe 15min,9/28/2022)!!!
Bitcoin was able to Double Zigzag Correction at 20385.86$.
Now, Bitcoin is running in microwave A, and I expect that Bitcoin goes up at least to the target that I specified in my chart.
Bitcoin Analyze ( BTCUSDT ), Timeframe 15min⏰.
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.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
The Bearish Trend Continues!Here's a quick look at the daily BTC chart. As we can see, the bearish trend continues, and the price has been trading within a descending triangle formation for some time now. If the price breaks below the descending triangle, then the price will very likely end up at 14K! The price must stay within the triangle to avoid further downside!
I must add that SPX500 is down a lot, and BTC hasn't followed up yet. We may see a big move from BTC in the coming days. I'm expecting the 18k support to be broken very soon. I still hold my stance of sub-13k BTC!
Also, the volume has been increasing while the price has been decreasing! This is a bearish sign as well!
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What are triangles when it comes to trading?
Key points:
"1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape.
2. Triangles are similar to wedges and pennants and can be either a continuation pattern if validated or a powerful reversal pattern, in the event of failure.
3. three potential triangle variations can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles."
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
When price goes up, everybody has 100k target. And now what?- Remember last year every single "crypto influencer" predicts 100k EOY 2021. But it didn't happen.
- And now people are throwing 13k, 12k or even under 10k Bitcoin. We will wait for that.
The thing with Fibonacci is it only works once or twice.
Maybe it's good idea to set aside some cash for 10k-13k level but shouldn't cut losses and waiting for that.
Bitcoin is getting ready to short HEAD AND SHOULDER Hello guys. I just wanted to share yet another idea with you guys. As we can see here, this is a simple head and shoulder pattern.
What am I expecting here to happen? Well it is simple. I expect a slight fall to 18650 area, but we will see what will happen'
NOTE: I AM NOT A FINANCIAL ADVISOR! You have to do your own research.
Bitcoin Analyze (Short Term, Timeframe 15min,9/27/2022)!!!Bitcoin is running in microwave 4 of microwave C of main wave Y.
Fibonacci: When wave 3 is extended, waves 1 and 5 tend toward size equality of 100% or a 61.8% relation.
I specified the road map of Bitcoin for the next few hours in my chart.
Bitcoin Analyze ( BTCUSDT ), Timeframe 15min⏰.
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.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Bitcoin Analyze (Short Term, Timeframe 15min,9/26/2022)!!!Bitcoin was able to break the lower line of the Contracting Triangle. This triangle completed microwave B.
I expect Bitcoin to go down to the target I specified in my chart for completing main wave B.
Bitcoin Analyze ( BTCUSDT ), Timeframe 15min⏰.
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.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Bitcoin Analyze (Short Term, Timeframe 15min,9/23/2022)!!!Bitcoin managed to complete the Double Zigzag Correction pattern near the resistance zone, if we look a little more closely at the peaks of this area, the last peak could not be created above the previous peak, and this is a sign of the weakness of the upward trend. In addition, we can see this last twin as a Double-Top pattern (It can be our Trigger😉).
I expect Bitcoin to decline to the support zone in the coming hours.
Meanwhile, if Bitcoin can break the support zone, we can say that the correction is over, and we will expect a further decline.
Bitcoin Analyze ( BTCUSDT ), Timeframe 15min⏰.
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.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Bitcoin Analyze (Short Term, Timeframe 15min,9/22/2022)!!!In the 15-minute time frame, Bitcoin has created a reversal candlestick pattern (Evening ⭐️Star⭐️) near the PRZ (Price Reversal Zone), and I expect this pattern to cause the market to fall at least to the targets I specified in the chart.
We can also see the sell signal in the RSI indicator.
Bitcoin Analyze ( BTCUSDT ), Timeframe 15min⏰.
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.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Bitcoin Analyze (Short Term, Timeframe 15min,9/21/2022)!!!Bitcoin was able to complete wave B by Triple Three correction.
Now, Bitcoin is completing its wave C.
I have marked the end of wave C 🎯targets🎯 on my chart.
Bitcoin Analyze ( BTCUSDT ), Timeframe 15min⏰.
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.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
BTC next stepsI checked in high timeframes such M1, D3, D1 and H12 and find the supports and pivote zones for each one, also i closely check H2 and H4 in order to try to predict if BTC will continue bearish channel and the answer is yes! as expected. Also checked liquidity and CHoCH and BOS ones and it makes confluence about bearish trend.