Long BTCUSDT (Manipulation)The whales are tempting you to short bitcoin so that they can push the prices up by doing this sideways movements.
The rectangle shows the strong demand zone at 29k whereby the broken resistance turned support and now we are back in this area.
Do you ever wondered why the whales keep defending this area?
This is because they are accumulating shorts and piling up their btc spot positions for it to move up further.
The shorts of liquidation map is piling up, guys you all should go long because they will rekt the shorters.
It shows a strong demand on this 29k area for bitcoin , It should had filled the CME gap at 29k but it didn't because btc is very bullish, the whales are accumulating. It is trapping elliott wave traders to short here, this will bottom here.
Long btc . Sick of this sideway obvious manipulation by whales.
A lot of people had lost money buying LUNC and investing in scam coins and wanted to recover their losses,
Whales had been defending this 29k-30k level multiple times. Everytime, it hits this level, it will bounce back.
Everytime, it drops below 29k , it will rebounce back, this shows a sign of strength where whales are accumulating.
This might be your last chance to buy bitcoin at the dip before going to 100k.
Bitcoin created a retest of the broken support turned resistance with bullish candle with a clean candle to 31700 USD, this should push the price up to 31700 as clean candle. The whales will trap wave traders thinking it will go down but it will go up.
Do not short this but long instead, the manipulation is too easy to be spotted.
This is very bullish , long bitcoin and take profit at 100k. To the moon.
This should be the macro bottom. Simple whales with their obvious manipulation.
Hence, btc should moon from here and target 38k .
First target should be 33k .
On a higher time frame, it made a impulse and ABC correction, soon it will moon and everyone will get rich like WOW?!
This is not a signal and do not follow but a trade idea.
Disclaimer - This analysis alone DOES NOT warrant a buy or sell trade immediately. Before you enter any trade in the financial market, it is very important that you have a proper trading plan and risk management approach
Crytpocurrency
is BTC BULLISH let's talk there is not indiactore there is not draws only a boxes on the higher high and higher low
things looking going up as some people and youtubers will say
they see higher high higher low and just say it's up
for me that's uncorrect that's not the structuer that will make btc go above 35k-40k that's fake structure
from all what i know this is a trap
even if we go more high rn it will come back to same point on 25k and there is possiple we could break it down this move is fake
Ethereum : Intraday Technical AnalysisEthereum took support from 1700 this time making another lower low. My idea is that the price will continue the downward momentum for a while. My goal is to go long on support as significant distribution is done and Ethereum is in accumulation phase. My target for intraday is to enter the support of 1800 with target of 1900.
If you like this or if you think the opposite of this or if there is any other opinion, mention it in the comments. I am open to all kind of suggestions and critics
BTCUSDT bullish divergence on 1DBTC on the other hand playing below the significant support level 30k regaining the support and flipping it can change the game here on the short term. As there is bullish divergence on RSI and MACD also BTC getting above 20MA will be a bullish signal targeting the 34-37k ranges which are resistance above. Do keep in mind we are still in a bear market and these bullish divergences can be negated if Bitcoin breaks further down.
Ethereum : Intraday Technical AnalysisAnother downtrend of ethereum has started after the price got rejection from 2100 multiple times. I don’t like to go short on crypto currencies due to the extreme volatility. My idea is to enter at 1600 after the price of ethereum faces rejection around 1800. My goal will be the resistance 2000 for short term.
If you like this or if you think the opposite of this or if there is any other opinion, mention it in the comments. I am open to all kind of suggestions and critics
Ether PredictionWith everything going on economically I find it hard to imagine crypto going up at the moment. Daily chart on ether seems to be forming a descending triangle. I believe this will signal a continuation of downtrend. I am watching for this to breakdown and head towards ~1700 ish to retest.
APE back to $5 and RSI TAOne of my favorite and most helpful tools when doing TA is identifying patterns on the RSI. Many understand that patterns like wedges and channels are extremely helpful in increasing the probability of a trade but many don't know that you can do the same with the RSI.
I have a few examples of this on my page but here's another one before the fact.
The RSI broke the ascending triangle to the downside and is in the middle of a bearish retest and potential rejection.
When the RSI breaks down before prices it usually means prices will follow.
BTCUSD 4hrly Inverse Heads & Shoulders + Bullish DivergenceBTCUSD recently printed a bullish divergence on the 4hrly chart (lower low in price with a higher low on the RSI) and at the moment it would seem that and inverse heads and shoulders pattern is in play with a target about about 35000 - 36000 price. The recent bounce at the neckline above the right shoulder area after the breakout at about 29500 seems to have given more weight to this pattern playing out.
Just sharing an observation. Overall market has been bearish. However, with the recent bullish divergence and inverse heads and shoulders pattern there could be a short-term bounce.
There are 3 things that give weight to this pattern playing out:
1. Recent bullish divergence to signal a possible short-term reversal.
2. Breakout from the neckline of the inverse heads and shoulders pattern.
3. The bounce on the neckline support after the breakout from about 29500.
Only ever trade what you can afford to lose nothing is ever 100%.
This is the moment of truthIs Bitcoin part of a big conspiration to reduce the amount of dollars in circulation? we are in the range to ensure a HUGE bounce initiating the way to 70K again without any pressure, but first we need to reach the 24600 to 24560.07 level, bitcoin under that levels should be technically broken. but yesterday night moves just makes me think that everything it's ok.
BTC to continue Bearish BehaviorWish I had posted a few days ago when we were in a short-lived channel.
BTC continues to drop further and 2800 looks like a very real possibility.
Been overbought for a long time, time to trade on the other side of the cycle
ALL MARKETS ARE CYCLICAL , Crypto is no different and if anything, quicker
SELL BITCOINJust an idea and trade at your own risk.
Bitcoin on the daily and weekly timeframes is turning bearish with possible head and shoulders patterns forming on the weekly timeframe.
A break below would lead to the lower channel of the weekly timeframe at the previous supply zone, which currently is the demand zone at $13000.
BTC range retest. Consolidation is key.While most traders are warning of bear markets and crypto collapse, it is time for us to zoom out just a little bit.
Bitcoin has been trading in a "range" for the best 2 years, and i think this fall will be much less severe than we think it is.
My most likely scenario would be a wick under the previous supports, as to grab untouched liquidity from the lower levels, and maybe even fill the cma gap at 24k.
THIS IS MIGHT BE OUR TIME TO BUY. 24K/28K IS GOLDEN AREA.
If we are still trading in the range, a bounce should be expected with a long consolidation back to 35k levels.
If we are no longer in a range, keep your stop losses tight and your risk management in order.
DOGE: DONT GET CAUGHT IN THE WICKElon has once again moved markets without any other action than simply him existing .
Twitter has officially accepted his buyout deal and will take the company private at $54.20 a share .
So in relation, Doge pumped on this based on the "Rumor" of this deal and now it officially hit the "News" .
Sometimes it's always the old simple sayings that prove to be most valuable.
"Buy the Rumor, Sell the News"
Let's see if it proves useful once again.
Something also to note, is that since May 2021 , almost every time DOGE has pumped as an outlier in respect to the rest of the market, it systematically led to more downside for Bitcoin (BTC)
Until the price breaks out of descending channel NOTHING has changed.
MATIC's chart is scaryMatic broke down out of the ascending broadening wedge in January of this year. It has now formed a descending triangle. A breakdown from this pattern has a target price of almost $.50.
Investing in MATIC right now is PURELY out of confidence in the fundamentals. The technicals look bearish in my opinion.
It could break upwards according to Bulkowski (thepatternsite.com) there's a 53% chance it breaks upwards. The question is, are you feeling lucky?
BTC 1hr almost to my buy zone. then I'll average in. Even if it all fails i think we will get a nice final rally. I only think it will fail because old systems will attack it. They have to prove its vulnerability. Though i feel like if the currency value dropped to a ridiculously low value they would not refund me the loss. Im not getting a check for my losses to corporate greed during a time of war. So on the note of belief, that humans are just not trustworthy. I like blockchain. I like that it has become so much in just a decade. I also like making money on it in the short term. This is the same as an art lover, or a car lover or anything we value. We invest. I remember my early gallery days when prints would sell out of an artist signed and number lithograph. people would buy 10 at around 200 to 300 a piece then hold them for a couple of years and then sell them for excellent profit on the secondary market. There was no value there. They were copies of an original. Art has been a similar market for centuries. Miami Has an art vault that stores valuable paintings in certification for a loan against value. This is "Air" Elizabeth Warren, being turned into cash. Like bottled tap water. Is the art even there. It is sad to see leaders like Warren sound so - either unknowing or knowing and corrupted - wrong. Saying things like bitcoin is nothing without a single reference to , "yeah maybe it's ok for third world countries whose corrupt governments would seize their money or just cancel it an issue a new currency to wipe out wealth. Because that is all very real and very public news for a very long time. I do not see the government saying all art should be government backed due the the decades of money laundering and price fixing.
Any hoo. Waiting for buy-zone, I don't like to buy to early. so I set the parameters and wait. then I can buy more at a lower price. What? what if shoots straight up, ok, I have long term holdings. And I just do some more charting and find the next trough.
Entries do not matter (Course #3)Entries do not matter (Course #3)
One thing that I have read many times but never believed is, entries do not matter.
After trading a whole lot of different strategies in a repeatable fashion (algo trading), I found that indeed, entries don’t matter.
Of course, if you get in at a bottom for a long or at the top for a short, it feels nice and the entry is absolutely great, because you get the maximum possible outcome in you think about the market played out. This being said, over time, what will make you successful is really a factor of when you exit AND your system overall (covered course #5).
You should not look at the market and hope to get in here and exit there, because the market is not consistent. The market has no rules and no discipline. Instead, you should look at your system and hope to get out when it’s the right time. It is the same in life, look at what you can control - here this is your system, since you can't control the market. READ THIS AGAIN.
In other words, let’s say I always enter at the wrong time, but the price always goes in my direction for at least 0.25% before going the other way. If I can exit on that 0.25%, I will make money!
If my – consistent, disciplined - trading system can get out at 0.25% all the time, it doesn't matter I had a bad entry, because first of all I am not losing money and second, I am making some.
So yes, entries don’t really matter, but exits do.
Look at Crypto Face of Market Cipher. Very often he enters before a pump, because he is good and because his indicator is good as well. You can call this a “good entry”. But sometimes, he does enter and the trades goes against him. Many times I noticed he would not close his trade, and just wait overnight for it to come back. Let’s say the price does come back, and now goes into profit – he exits. What mattered? His exit. If he had exited when the trade was against him, he would have lost money.
In his book “Trade your way to financial freedom”, Van Tharp talks about it and he explains how a random entry system can beat any other system with a specific entry technique.
Whether you are trading algos or manually, you have to understand that it doesn’t matter when you enter. What matters is your system and when you exit.
My #1 profitable algo is designed to never get in at a bottom or a top, for respectively a long or a short trade. Yet, this algo strategy is profitable.
BCH / USD Main trend. Channel. 1 week.Main trend. Term 1 week. From the breakdown of the big triangle, the pumping is more + 500% Rollback. As a result, a channel was formed. Work in it. The potential is very significant.
Under the idea, I consolidated my ideas of working on this coin over the past year, both medium-term and local in nature.
BCH/USD Mid-term work in the channel.
Which coins have pumped on our list & which have flopped?Traders,
Let's go through "This Week's Hotness" list that I put out on Friday and clean up our list. Some of these coins pumped big but many of them flopped due to BTC price action and fear back in the market.
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