The 3 Minute MA? - ShortAccidentally clicked the 3 min. Looks like its about to drop the MA hard. If this dips hard I am going to add this to the repatriar. Not Advise, good luck.
Btcusdbuy
short idea on $BTCThe upward movement is weaker than I thought, while I see uncertainty from the bulls side, so I think from the 27800-29100 zone with a 60-65% probability of a fall down. Bullish scenario of anchoring above 29100 (in this case, targets will be high)
BTC H4 LONG SIGNALHello dear friends
Bitcoin in the H4 time frame can touch the level of $26,400 to $26,000. It can be suitable for a long position if there is a buying trigger.
It should be noted that the existing low base can also have a suitable position if the losses are accumulated behind the surface
Thanks for following me
The Wave 4 Correction is over...No need to sweat, the bears have ran out of steam, the correction is over.
If you followed my count of the Wave 4 correction, you would have known I have called the bottom.
Here is a quick rundown of how I see the next two weeks playing out.
Let me know what you think...
Bitcoin -> Watch The BreakoutMy name is Philip, I am a German swing-trader with 4+ years of trading experience and I only focus on price action and market structur e🖥️
I am trading the higher timeframe s because this allows me to massively capitalize on the major market swings and cycles without getting caught up in the short term noise.
This is how you build real long term wealth!
In today's anaylsis I want to take a look at the bigger picture on Bitcoin.
After Bitcoin perfectly created the double top formation during 2021 and 2022 the bear market was quite expected. However it seems like Bitcoin is once again rejecting the bullish trendline and after a break above the neckline of the previous double top, I do expect a juicy rally.
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When the market moves where, and how, and if - these are all unknown.
The only thing which you can control is your risk. Focus on risk management!
Keep the long term vision🫡
$OOKI Performing classic bullish divergence$OOKI Performing classic bullish divergence in 1Week
Trading Classic Bullish Divergence involves a systematic approach to identifying and executing trades based on this technical pattern. Here's a step-by-step guide on how to trade it:
1. **Identify the Downtrend:** First, you need to confirm that there is a clear downtrend in the asset's price. This means the asset's price should be making a series of lower highs and lower lows. The downtrend is a prerequisite for Classic Bullish Divergence.
2. **Select an Oscillator Indicator:** Choose an oscillator indicator to use in your analysis. Common choices include the Relative Strength Index (RSI), Stochastic Oscillator, and Moving Average Convergence Divergence (MACD). It's recommended to use more than one indicator for confirmation.
3. **Spot the Divergence:** Look for the divergence between the price and the selected oscillator indicator. Classic Bullish Divergence occurs when the price makes lower lows, but the oscillator indicator makes higher lows. This discrepancy signals a potential trend reversal.
4. **Confirm with Other Indicators:** To reduce the risk of false signals, consider using other technical indicators or tools to confirm the divergence. For instance, you might look at trendlines, support levels, or other indicators that suggest a possible reversal.
5. **Plan Your Entry:** Once you've identified a Classic Bullish Divergence and confirmed it with other indicators, plan your entry point. Decide at what price level or under what conditions you will enter a long (buy) trade. Some traders wait for the price to break above a certain level or confirm the divergence with a candlestick pattern.
6. **Set Stop Loss and Take Profit Levels:** Determine your stop-loss order to limit potential losses if the trade goes against you. Likewise, set a take-profit order to lock in profits when the asset's price moves in your favor. These levels should be based on your risk tolerance and the asset's volatility.
7. **Manage Risk:** It's essential to manage your risk when trading. Only risk a small percentage of your trading capital on each trade, typically no more than 1-2% of your total capital. This helps protect your account from significant losses.
8. **Monitor the Trade:** Once you enter the trade, monitor it closely. Pay attention to price movements and the oscillator indicator to gauge the trade's progress. Be ready to adjust your stop loss or take profit levels if necessary.
9. **Exit the Trade:** When the asset's price starts to move in the direction you anticipated, consider taking profits or trailing your stop loss to lock in gains. Alternatively, if the trade is not going as expected, exit with a limited loss based on your predetermined stop loss.
10. **Learn and Improve:** Keep a trading journal to record your trades, including your rationale for entering and exiting. Over time, use this information to refine your trading strategy and improve your decision-making.
Remember that trading Classic Bullish Divergence is not a guaranteed success, and it's just one tool in a trader's toolbox. It's important to combine this pattern with other technical and fundamental analysis to make informed trading decisions. Additionally, practice and experience are essential for becoming a successful trader.
Classic Bullish Divergence is a technical analysis concept used in the world of financial markets, particularly in trading stocks, forex, and other assets. It refers to a specific pattern observed in price charts that suggests a potential upward reversal in the price of an asset. This pattern is considered bullish because it indicates that the current downtrend may be coming to an end and that a bullish (upward) move could follow.
Classic Bullish Divergence typically involves two main components:
Price Trend: A downtrend in the price of the asset. This is when the asset's price has been falling over a period of time, creating a series of lower highs and lower lows on the price chart.
Oscillator Indicator: An oscillator is a technical indicator used to identify the momentum or strength of a price trend. Common oscillators include the Relative Strength Index (RSI), the Stochastic Oscillator, and the Moving Average Convergence Divergence (MACD). In the case of Bullish Divergence, traders pay close attention to the oscillator indicator.
The divergence occurs when the price trend (lower lows) and the oscillator indicator (higher lows) move in opposite directions. In a Classic Bullish Divergence, it means that even though the price continues to make lower lows, the oscillator indicator is making higher lows. This discrepancy between the price action and the indicator suggests that the selling pressure is weakening, and the potential for a trend reversal is increasing.
Traders who spot Classic Bullish Divergence may interpret it as a signal to consider buying the asset, expecting a possible upward price reversal. However, it's essential to keep in mind that no trading strategy or pattern is foolproof, and traders often use other indicators and risk management techniques to confirm their decisions.
It's also important to note that there are variations of bullish divergence patterns, including Hidden Bullish Divergence, which can occur during an uptrend and may signal a continuation of the bullish trend.
BTC Elliott Waves - Month UpdateBitcoin (BTCUSD) Tends to move with the Elliott waves.
Follow this Idea to know the movement of Bitcoin based on Elliott waves.
Bitcoin is trying to climb⚫️ We should always look for reversal patterns at the bottom and ceiling of ascending or descending trends.
Here, Bitcoin failed to form a lower bottom, on the other hand, there is a possibility of forming a twin bottom pattern.
🔴 It is too early to comment on this pattern, but the possibility of a one percent growth for Bitcoin is not far from expected, and after that we have to wait for the stabilization of the failure at the price of 27,000. has it .
BTC - 12/10/23Bitcoin looks lost in this area with nothing much other than a tap of the $25600 FVG looks likely, we might push up to the $26930 area first to tap into that FVG left from the fall yesterday but other than some good news the CPI and FED announcement could send this down fast if bad news is posted!
BTC - 11/10/23BTC is eating into a MASSIVE FVG here to fuel a move now $27400 looks to be where the SELL pressure is and I'll be looking for this to enter SHORT if we do not break the SUPPLY There.
If we do then $27700 is the TARGET!
BTC long3 day order block in this area and seems to be the last line of defence for bulls. 26705 is a demand zone and with a lot of volume traded in the area. Would like to see a strong reaction at this level otherwise I will probably cut my trade short. Evidence of buyers stepping in is what I would like to see but bears have been strong. Lets see how this plays out!
BTC Bitcoin Technical Analysis and Trade IdeaObserving the current dynamics of Bitcoin's price movement, we can see a clear uptrend on the 1D time frame. This trend becomes even more evident when we shift our focus to a 4H chart, revealing a compelling bullish trajectory characterized by successive higher highs and higher lows.
Presently, Bitcoin has retraced to a strategically significant support level. In our video discussion, we thoroughly examined the prospect of a potential trade opportunity, conducting a comprehensive analysis of various elements including the prevailing trend, price action patterns, and the underlying market structure.
It is imperative to emphasize that the content presented in the video is intended solely for educational purposes and should not be construed as financial advice. Our goal is to provide a detailed understanding of market dynamics, enabling viewers to make informed decisions within the realm of cryptocurrency trading.
btc midterm analysis Comrades, in the 4-hour time frame, Bitcoin is moving towards the supply area in the form of cp. I think it will reach the area in 1-3 weeks and dump from there.
The maximum target is $29,700 and they will probably move from there to the following targets
$28,588
$27715
$26,850
$25,250
BTC - 09/10/23BTC - 09/09/23
We have fallen bad here, I am waiting to see if we break the DEMAND at $27250 before looking for another short, till then I will wait.
BTC 1H Comrades, Bitcoin is suffering between $28,500 and $27,150. This analysis is in a one-hour time frame and only gives you a view of a maximum of two days.
Well, in this area, you can short in the upper areas and long in the lower areas with specific stops and targets
Now, if one of the areas is broken, it can move in that direction. I think it will probably break above 60-70% and fall one time frame above the supply area.
If you want not to trade in the opposite direction, be careful in taking short positions
Btc 27000 support If BTC keeps holding 27k support then it will pump. If it breaks 27k support then it will dump more.
