Cripto
OMGUSD long termsome interesting trendlines to try some long positions. I will wait for 0.3/0.2$ or if the price will broke the 2.5$ resistence
Bitcoin. LongSo, Bitcoin went into a serious upward movement. As for ow, I will only consider the growth.
On higher timeframes –there is a potential for price growth 35200-38500 hourly timeframe. From the current or just a bit below 27900-27700, 26900-26400 through the pattern, and the Dpoc filter – I will consider entering into purchases. I look carefully for volumes and extreme surges. Moreover, today we got important news from America, there is a high probability that liquidity will be poured into the market right during the new background. Targets for growth are 28700-29500 and we will probably reach 31700. We can stumble at each of the marks, but I am only for the growth so far.
#ETHUSDT Trading plan!Hello friends!
In this idea, I describe the reasons for considering trading in one direction or another based on the following criteria:
Resistance level - reversal;
There is energy accumulation before the level for a breakout;
Prolonged accumulation in a sideways channel;
Closing below the level (a good signal);
Parabolic energy accumulation before the level;
No reaction to a false breakout.
It's no secret that the markets reacted in the past week to the bankruptcy of a bank, and the Federal Reserve System
turned on the printing press once again. Against this backdrop, the markets began to grow, as they did during the COVID-19
pandemic. Don't forget that tomorrow there is news from the Federal Reserve regarding further interest rate changes, which
could affect market reactions.
Given the reasons outlined above, I expect the coin to grow in the near future. I plan to buy on a breakout above the level of $1,800.00.
Target #1: $2,020.00
Target #2: $2,161.00
Target #3: $2,446.00 in the best-case scenario.
Despite all the targets, I will close the deal at any time if I am not satisfied with the market.
Be careful, the market is currently very unstable, so enter only at strong levels and with stop-loss orders!!!
Wishing you all profitable trades!
Bitcoin TA from 2010 to 2022 - According to Elliott Wave theory.Bitcoin in Dec-2017 made its ATH 19k~ and for the first time Bitcoin has entered in the same zone.
If we look back from 2010 to now-2022, since it entered in a zone of previous ATH never before,
so if we apply Elliott Wave theory to Bitcoin, the current capitulation looks like ABC correction in a larger time frame.
(The time frame of this ABC correction is just my thoughts, may prolong or may shorten).
since there is no negligible rsi formed, so ignored the first bitcoin cycle.
Right now, we are at the end of (12345)-of-wave-A of total ABC correction
I made two probabilities, it's just my personal thoughts not financial advice.
1.based on Elliott Wave theory.
2.based on Momentum/Trend based (looking back past history and predict future). For time being am publishing 1, the 2nd one i will publish later.
a) 12345 of wave-A of total ABC correction- Bitcoin may end up the wave-A at roughly 13700 or 11500.
( i took based on the volume and the downward trend line)
b) abc of wave-B of total ABC correction - Bitcoin may end up the wave-B at max 50k.
(i took this number where bitcoin can go maximum up).
c) 12345 of wave-C of total ABC correction- Bitcoin may end up the wave-C may be from 4000 to 5000.
(i took this number based on maximum volume traded and generally according to Elliott Wave theory, after a 5 wave impulse is done, ABC correction usually end up in the area of wave 4 low.)
AAVE - WE HAVE TRADE HERE!Hello friends!
I come to bring a trade opportunity that I will do in AAVE.
See that AAVE formed an OCOi (shoulder head shoulder inverted), which presents us with a reversal signal.
With that in mind, I will now position myself on AAVE and take partial profits, with the final target being $70.
Note that the stop loss is at the end of the orange band and the blue band is our profit on the trade.
If BTC continues to flatten or rise, I believe in an upside move to AAVE in the near term.
Our main resistance is found in the GAZA BAND located above $70.
And you, will you follow this idea with me?
Leave a boost to support my work and follow me on trading view!
To the next!
Bitcoin TA from 2010 to 2022 - Based on previous Patterns/cyclesAs I said I will post an idea different from Elliott wave theory. Not a financial Advice, this is my personal opinion or idea.
This Bitcoin Technical Analysis is purely based on studying its own previous trends/cycles and predicting the future cycle.
This is not based on Elliotte wave Theory nor am comparing it with DXY or S&P or Dow, next time I will make an idea based on correlation with DXY/Dollar.
Before proceeding I will tell an interesting story " The Story of Zombie and chickens".
A lazy zombie maintains the chicken farm, since chickens grow and breed faster so the numbers are keep growing n growing.
Throughout the year zombie keeps eating chickens and he keeps growing bigger n bigger. Since the zombie is very lazy, he needs help and maintains a dog to look after all the chickens.
As per now for every 4 years or so zombie gets seasonal disease and to get recover himself, he eats chickens in a massive number, not all though.
Dog also keeps eating for his survival, but after all its dog, so when the dog gets older and unable to handle the chickens, zombie appoints a new young dog to take his place.
The conclusion of this story is "Zombie never dies and keeps growing n growing, chickens are born kill and the dog keeps replaced by a new dog".
Ok let's proceed with our Analysis. Different traders visualize the charts in different ways based on their own perception. Chart is the emotions of all traders, it's like map of treasures.
I see many people use trend lines, Fibonacci, moving averages, Ichimoko or other technical indicators and many other.
Even I use many of these, but for this am not using averages or Fibonacci or Ichimoko. Am using RSI and money flow index indicators and triangle pattern for this.
1.Explaining the Patterns or drawings which I created:
Chart patterns in longer time frames, price moves in waves or some kind of curves rather than straight lines/trendlines.
I made some concentric circles where the price is respecting more (basically support n resistances), that doesn't mean the price goes in a circular fashion and goes back to its origin - zero.
Always trend breaks (upside or downside) so may be at some point of time it may break out this circular channel and form a new trend of circles.
I created the triangle pattern in this way --> (A)previous ATH-> to ->(B)current ATH-> to ->(C)lowest bearish Point-> to -> Highest counter move).
For each Bull of Bitcoin (with in 2yrs or so), it is forming a kind of symmetrical triangle with ABCD waves inside it.
(Symmetrical Triangle pattern --> Breaking out of the pattern --> new Bull or new Triangle pattern again).
2.Observation and conclusion taken from the patterns:
After deeply observing the previous 3 symmetrical triangles of Bitcoin-Green, Blue and Purple. I was wandering how to make the current pattern.
The information I have is (previous ATH 20k (point A) + current ATH 70k (point B) + I took 15500(point C) as temporary Bottom.
The conclusion is Green + Blue + Purple triangles are symmetrical in shape. (Symmetrical triangles are mostly bullish and breakout upside not compulsory though).
But for the current cycle, bitcoin is making is Descending triangle. Descending triangle patterns are generally bullish as well as bearish depend on where they are created.
(At the Bottom OR At top of the cycle). As of now it is at the top (so this means there are chances it may breakdown from this Descending triangle).
What I observed is cycle after cycle the width of the triangles are increasing and the height is getting decreased, technically what does this mean?
what I concluded is the move of going sideways is increasing and the momentum or motive of going up is diminishing/normalizing.
(So, this means there are high chances Bitcoin may move less upside and may go sideways or down).
One more thing I observed is after massive move/action of correction of every cycle (Bitcoin Bottom) there is counter move/reaction (Point D of the Triangle).
Generally, the point "D" of every cycle is laying above the top edge of previous symmetrical triangle (the sky-blue horizontal arrow lines).
(So based on the above observation I took the "D" point at 50k as counter move/reaction for current cycle/Descending triangle,
also, it is coinciding with the concentric circles which I made).
3.Final Conclusion, studying the current Descending triangle (Red)/Probabilities:
After over all study, this is my Personal Opinion:
1.Current correction is so massive with in short period of time, considering previous counter rallies and currently bullish Divergences formed in RSI + MFI taking into account,
so high possibilities that there can be a counter rally up to 50k or more than that.
2.I don't think current low 15495 is Bottom for Bitcoin. May be temporary Bottom or it may go little lower than now creating 2 layers of bullish divergences in RSI (for temp Bottom).
(Technically current pattern is Descending triangle, so high possibilities that Bitcoin may make lower low (another low may be 13780) after the counter rally.
to my guess Bitcoin may put its lower low after the Halving).
4.Probabilities of next Bull/cycle:
case1: After Bitcoin making lower low (may be 13.7k), this is the situation DO/DIE for Bitcoin.
If Bitcoin manages to break out of this Descending triangle similar to previous moves, it can put a new ATH (for another decade Bitcoin may trade between 19k to 160k).
case2: Since current pattern is Descending triangle, if Bitcoin fails to breakout from this channel, there are high probabilities that it will break down.
If Bitcoin Breaks Down, most likely it will reset itself from over all cycle right from 2010. (This scenario can be same as my previous Elliott wave theory which I already shared.)
Am sorry my Technical Analysis looks little complex; I hope I explained well.
Thank you.
BITCOIN - WE HAVE TRADE HERE!Hello TV friends!
I come to bring my bias on BTC!
See that btc is in a bullish channel and has just tested the midline of this channel.
I think this return to the retracement zone is a good opportunity to enter a long position. And that's what I'm going to do! I will add one more Buy at this time, with the target outlined in the chart.
And what are you thinking? Share your idea!
To the next!
BITCOIN: The quest for 18kHello TV friends!
I come to bring my modest reading about BTC.
BTC after validating the inverted ombo head shoulder pattern produced a symmetrical triangle.
After making a breakout to the upside, it reached the EMA 200 at 4h.
This is a beautiful reversal continuity sign.
I expect at least a search for the 50 and 618 fibonacci zone which is situated between 18 - 19k.
And what do you think of this idea?
Follow me on TV to stay up to date on my upcoming reads and give me a boost to support my work!
To the next!
Trading opportunity for HOTUSDT HoloBased on technical factors there is a Long position in :
📊 HOTUSDT Holo
🔵 Long Now 0.001963
🧯 Stop loss 0.001810
🏹 Target 1 0.002260
🏹 Target 2 0.002470
🏹 Target 3 0.002750
💸RISK : 1%
We hope it is profitable for you ❤️
Please support our activity with your likes👍 and comments📝
Bitcoin volatility index - Waiting for a volatile November
The Bitcoin volatility index is near an all-time low level that is around October 2018 low.
I have already compared these charts (see below).
The fact is that after such a decrease in volatility, there is always a big move.
The question of up or down is the eternal question of most people in the market.
Locally, I think there will first be an upward movement with liquidations of short positions and then downward.
My opinion has not changed since November 2021 - we are going down and already near the bottom. For this, we lack the last dive down with multi-billion dollar liquidations of large and small players in the market.
Who benefits? Manipulator.
Who is the manipulator? The largest crypto exchanges with futures trading like - Binance, FTX, Bybit, Okex, Huobi, and others.
For those with a short memory, remember when Binance bought Coinmarketcap - after the covid fall in 2020.
Best regards,
EXCAVO
Bitcoin 2018 and 2022Hello friends!
Looking at Bitcoin, I remember the end of 2018. When the daily volatility was + -1%. I found a lot of similar patterns by analyzing the chart. I am sure that the movement will not be identical, with a high degree of probability, we can see a short squeeze in the next 2 weeks, and after - a dive below 18 is possible. 13-14k - strong support zone.
Best regards,
EXCAVO
Trading opportunity for MATICUSDT PolygonBased on technical factors there is a Short position in :
📊 MATICUSDT Polygon
🔴 Short Now 0.7934
🧯 Stop loss 0.8110
🏹 Target 1 0.7800
🏹 Target 2 0.7590
🏹 Target 3 0.7300
💸RISK : 1%
We hope it is profitable for you ❤️
Please support our activity with your likes👍 and comments📝