Up and down trendWe are still inside a large downtrend channel mark with the white lines, but since yesterday we are in a small uptrend channel ( yellow ) heading up and reached back to one of the support, today we might be bouncing inside the small up trend channel and can expect a lot of ups and down while moving through it. And also when we move to close to the upper channel or even out of it, you can expect some drops when that happen. But when we break through the bottom of the up trend we can expect going down, but also when we hit the top of the white downtrend there is also a big change of going down. So make sure to move your stop loss hourly .
Btcprediction
Two down trend channelsIf we don't reach above 53000 in the next few hours and start moving down, we might be moving into a quicker down channel. You might think why am I avoiding a bulge going through it, it is because of the Elon Musk tweet that had happend there, if we ignore it we can see a line continue through it going down. And the downtrend of this will have a target between 47000- 44400usd as it lowest before we be able to move up again hitting a growth line from not the previous cycle but before it.
The reason why we are moving towards that line is that the previous large dip we started to go up far too early and now are correcting for it, before we can really see a move up.
Two scenario that could happen as we are now in a big dipOne thing for sure the big correction is aiming for the support or growth line all the way from an even earlier cycle and we will fall back to that line before we can do up. Either we have a really hard drop straight down onto it or we are going down slowly and meet up with the line.
- Bad one is a free fall all the way to 43500 area
- Mild one is to 47000 but means a lot of days going sideways moving up and down meeting the line
Repeat of 22-23 March going down to 51000Looks like there still a chance we are going to 51000 as we still not gone pass the ceiling yet and most likely follow the same line as 22-23 march and we can expect touch down on 25 march.
So it gonna be a long waiting game for it to go down and not be just a simple one day action moving up or down.
BTC - 6h. Buyers want to test $73,000 - be careful!Good day! Quite good enough in the BTC market, buyers launched their counter-attack yesterday. The main signal for active growth was the unsuccessful renewal of the local low . BTC price stopped at the lower trendline of the global wedge.
The daily candle closed with a serious hint of continued growth. Over the two previous days, buyers managed to "swallow" the falling candle on March 15:
Now the main task of buyers is to keep the range of the mark of $56,500. In this case, this will be the final confirmation that sellers are not ready for a global correction in the BTCUSDT price and we will expect an update of the historical high.
The optimistic scenario is a test of the mark of $73,000. The Upper Trendline of the Global Wedge is at this mark. If buyers manage to do this, we will expect a sharp correction to $45,000.
However, to implement this optimistic scenario, we expect a test of the critical range of $59800-60600.
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BTC: ABC Still Valid?Good day to all profit makers!
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- If we do not break above 58000 a further bearish downtrend can be expected
- Possible ABC Correction Wave.
-Possible that we can break out into new ATH
- Consult the chart for more information.
- Note:
- This is just my current idea.
- I am not a financial advisor! and this is not financial advice
- There is always a huge chance of different patterns taking shape in these ever-changing charts.
- My views and charts can and most probably will change!
- I can be 1000% wrong!
- Trade responsibly.
- Be focused.
- Have a plan.
- Stick to the plan.
- No FOMO.
- Take the time to study YOUR own charts and come up with your own ideas as you are going to trade with your money.
- Never trade what you are not willing to lose
- Remember Stop-loss is your friend.
- Smile!
- Good Trading and Good Luck
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BTC: New ATH Or ABC first?Good day to all profit makers!
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- Possible ABC Correction Wave.
-Possible that we can break out into new ATH
- Consult the chart for more information.
- Note:
- This is just my current idea.
- I am not a financial advisor! and this is not financial advice
- There is always a huge chance of different patterns taking shape in these ever-changing charts.
- My views and charts can and most probably will change!
- I can be 1000% wrong!
- Trade responsibly.
- Be focused.
- Have a plan.
- Stick to the plan.
- No FOMO.
- Take the time to study YOUR own charts and come up with your own ideas as you are going to trade with your money.
- Never trade what you are not willing to lose
- Remember Stop-loss is your friend.
- Smile!
- Good Trading and Good Luck
BTC-$ 80,000Target of the uptrend In the weekly chart, the price is forming the 5th ascending wave, which can be extended up to $ 290,000 target. This is a general trend.
( Weekly Chart )
In the daily chart and by the wave count, the 3rd wave from point 5 is being completed, which can be extended up to the range of 70,000 to 80,000 dollars.
( Daily Chart )
The 240-minute chart shows the structure of the sub-waves, of which the final targets range are from $ 70,000 to $ 85,000.
Next dip be at 64000All 3 lines are the same and we can see a certain pattern here, only the middle one was off because of the extra money tesla pumped in causing it to dip from a higher point, but the day of when it went down is the same. I believe at 64000 we will see the next resistance and dip happening and also know which day it will even happen on March 25th will see another dip happen just before all the big events on 31march.
BTC - 4h. Buyers get to the first critical point $52000-52300Good afternoon colleagues! After the recent aggressive fall in the price of BTC , buyers still found the strength to counterattack. The price in the BTC market is slowly reaching the first critical point of $52000-52300 . We wrote about this point in our global idea on Sunday :
Buyers are unsure and very careful to buy BTC , fearing sharp resistance from sellers. The current 12 hour candle has every chance to close in the range of $52000-52300 . It is in this range that it will be most interesting to observe the actions of market participants.
If we pay attention to the movement of BTC prices during February 22-25, we see an active struggle for this range. It was after the breakdown of the range of $52000-52300 and its retest that the sharp fall in the price of BTC continued:
Rebounding from this range to the liquid zone of $48000-48500 will not disrupt the trend of buyers but will only check their intentions.
Maintaining the range of $48,000-48500 , buyers will find their way to retest the liquid zone of the historical maximum of $55000-56000.
At the moment, the dominance of BTC continues to consolidate near the trend line:
So far, altcoins are quite cautious about the growth of bitcoin and are in no hurry to follow it. An unsuccessful attempt by BTC buyers to break $52,000-52300 would be a good test of altcoins for strength. It is after the $ 48000-48500 test that it will become clear which coins still have the strength and ambition to continue to grow .
What do you expect from the bitcoin market ? Send your schedule in the comments and we will discuss it!
BTC: The pattern I'm looking forGood day to all profit makers!
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- After following the ETP-1 XABCD Pattern, This is the pattern that I would be looking out for
- Consult the chart for more information.
- Note:
- This is just my current idea.
- I am not a financial advisor! and this is not financial advice
- There is always a huge chance of different patterns taking shape in these ever-changing charts.
- My views and charts can and most probably will change!
- I can be 1000% wrong!
- Trade responsibly.
- Be focused.
- Have a plan.
- Stick to the plan.
- No FOMO.
- Take the time to study YOUR own charts and come up with your own ideas as you are going to trade with your money.
- Never trade what you are not willing to lose
- Remember Stop-loss is your friend.
- Smile!
- Good Trading and Good Luck
BTC: H&S Still On TrackGood day to all profit makers!
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- Possible head and shoulders on the 4H
- Previous idea is still valid
- We have hit the 49k and got rejected.
- Consult the chart for more information.
- Note:
- This is just my current idea.
- I am not a financial advisor! and this is not financial advice
- There is always a huge chance of different patterns taking shape in these ever-changing charts.
- My views and charts can and most probably will change!
- I can be 1000% wrong!
- Trade responsibly.
- Be focused.
- Have a plan.
- Stick to the plan.
- No FOMO.
- Take the time to study YOUR own charts and come up with your own ideas as you are going to trade with your money.
- Never trade what you are not willing to lose
- Remember Stop-loss is your friend.
- Smile!
- Good Trading and Good Luck
Based on the previous idea
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BTC: Head & Shoulders A Possibility On The 4HGood day to all profit makers!
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- Possible head and shoulders on the 4H
- Will need to see what happens when we reach 49K
- Consult the chart for more information.
- Note:
- This is just my current idea.
- I am not a financial advisor! and this is not financial advice
- There is always a huge chance of different patterns taking shape in these ever-changing charts.
- My views and charts can and most probably will change!
- I can be 1000% wrong!
- Trade responsibly.
- Be focused.
- Have a plan.
- Stick to the plan.
- No FOMO.
- Take the time to study YOUR own charts and come up with your own ideas as you are going to trade with your money.
- Never trade what you are not willing to lose
- Remember Stop-loss is your friend.
- Smile!
- Good Trading and Good Luck
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BTC: The Curve DownGood day to all profit makers!
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- We have followed a sharp curve down.
- Will need to see what happens when we reach the converging points
- Consult the chart for more information.
- Note:
- This is just my current idea.
- I am not a financial advisor! and this is not financial advice
- There is always a huge chance of different patterns taking shape in these ever-changing charts.
- My views and charts can and most probably will change!
- I can be 1000% wrong!
- Trade responsibly.
- Be focused.
- Have a plan.
- Stick to the plan.
- No FOMO.
- Take the time to study YOUR own charts and come up with your own ideas as you are going to trade with your money.
- Never trade what you are not willing to lose
- Remember Stop-loss is your friend.
- Smile!
- Good Trading and Good Luck
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Bitcoin Bat or Crab Harmonic?!Looking at this daily chart I see a potential bullish Bat Harmonic developing.
If it plays out we could find our way down to around $33,000-$35,000.
Another possibility would be a bullish Crab Harmonic, which would take us even lower.
Of course, this could be another bullish pennant forming on the daily, so I'll be waiting in the bushes to see which way
Bitcoin goes. A break up out of the structure could give us a measured move target between $70,000 and $80,000.
Owhooooo!
BTC: Possible Cup & HandleGood day to all profit makers!
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Possible cup & handle
- There are many traders looking for shorts, so be carefull
- Consult the chart for more information.
- Note:
- This is just my current idea.
- I am not a financial advisor! and this is not financial advice
- There is always a huge chance of different patterns taking shape in these ever-changing charts.
- My views and charts can and most probably will change!
- I can be 1000% wrong!
- Trade responsibly.
- Be focused.
- Have a plan.
- Stick to the plan.
- No FOMO.
- Take the time to study YOUR own charts and come up with your own ideas as you are going to trade with your money.
- Never trade what you are not willing to lose
- Remember Stop-loss is your friend.
- Smile!
- Good Trading and Good Luck
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BTC: Idea Still ValidGood day to all profit makers!
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- Previous idea still valid
- General consensus: still bullish in the long term
- Short term might treat us for a rollercoaster ride
- There are many traders looking for shorts, but buying power is also strong.
- F2Pool is being naugty
- Consult the chart for more information.
- Note:
- This is just my current idea.
- I am not a financial advisor! and this is not financial advice
- There is always a huge chance of different patterns taking shape in these ever-changing charts.
- My views and charts can and most probably will change!
- I can be 1000% wrong!
- Trade responsibly.
- Be focused.
- Have a plan.
- Stick to the plan.
- No FOMO.
- Take the time to study YOUR own charts and come up with your own ideas as you are going to trade with your money.
- Never trade what you are not willing to lose
- Remember Stop-loss is your friend.
- Smile!
- Good Trading and Good Luck
If you find my charts useful please consider a follow and a thumbs-up as it motivates me to share and grow with you!
BTC: Falling Wedge 15mGood day to all profit makers!
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- This chart showcases the Falling Wedge pattern
- Short term might treat us for a rollercoaster ride
- There are many traders looking for shorts, but buying power is also strong.
- Consult the chart for more information.
- Be careful of a fakeout
- Note:
- This is just my current idea.
- I am not a financial advisor!
- There is always a huge chance of different patterns taking shape in these ever-changing charts.
- My views and charts can and most probably will change!
- I can be 1000% wrong!
- Trade responsibly.
- Be focused.
- Have a plan.
- Stick to the plan.
- No FOMO.
- Take the time to study YOUR own charts and come up with your own ideas as you are going to trade with your money.
- Never trade what you are not willing to lose
- Remember Stop-loss is your friend.
- Smile!
- Good Trading and Good Luck
If you find my charts useful please consider a follow and a thumbs-up as it motivates me to share and grow with you!
BTC : Falling Wedge Or Symmetrical TriangleGood day to all profit makers!
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- This chart showcases two of many possible patterns (Falling Wedge & Symmetrical Triangle)
- General consensus: still bullish in the long term
- Short term might treat us for a rollercoaster ride
- There are many traders looking for shorts, but buying power is also strong.
- Consult the chart for more information.
- Note:
- This is just my current idea.
- I am not a financial advisor!
- There is always a huge chance of different patterns taking shape in these ever-changing charts.
- My views and charts can and most probably will change!
- I can be 1000% wrong!
- Trade responsibly.
- Be focused.
- Have a plan.
- Stick to the plan.
- No FOMO.
- Take the time to study YOUR own charts and come up with your own ideas as you are going to trade with your money.
- Never trade what you are not willing to lose
- Remember Stop-loss is your friend.
- Smile!
- Good Trading and Good Luck
If you find my charts useful please consider a follow and a thumbs-up as it motivates me to share and grow with you!
BTC: Support Is KeyUpdated Fib Fork
Good day to all money makers!
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- It's very important for BTC to maintain support above Key Support A (44900).
- Key Support B (42700) will be our last defense before further downtrends could continue.
- Consult the chart for more information.
- Note:
- This is just my current idea.
- I am not a financial advisor!
- There is always a huge chance of different patterns taking shape in these ever-changing charts.
- My views and charts can and most probably will change!
- I can be 1000% wrong!
- Trade responsibly.
- Be focused.
- Have a plan.
- Stick to the plan.
- No FOMO.
- Take the time to study YOUR own charts and come up with your own ideas as you are going to trade with your money.
- Never trade what you are not willing to lose
- Remember Stop-loss is your friend.
- Smile!
- Good Trading and Good Luck
If you find my charts useful please consider a follow and a thumbs-up as it motivates me to share and grow with you!
Bitcoin is still going up The profit to risk ratio in this transaction is very large!
This may be the last time that Bitcoin has given buyers this opportunity in this round of ascents!
If the recent fall is just a correction! The profit of this deal is huge!
If not, the damage caused by failure is negligible!