BITCOIN (BTCUSD): Bearish Outlook Explained ₿
At the end of November, Bitcoin started a correctional movement within a bearish flag pattern on a daily.
Reaching a historical resistance, the price was rejected heavily, the market dropped and broke a support line of a flag.
I think that the market may go lower.
Next supports 16100 / 15750
For entries, consider an occasional retest of the support of the flag.
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
XBTUSD
btc 12-16 [evening update]ahoy!
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good evening my people's.
today was a pretty fun day lol, a bit unexpected, but deep down i saw it coming.
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recently talked about this particular scenario via:
👇
btc ended up delaying, building as much liquidity as possible before it broke, and took everything from the unsuspected market participants.
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here we are though, down here with some pretty serious buy signals.
my upside target is as conservative as it gets, 19k.
this dip could potentially be setting us up for a move to 34k, so i would be very careful shorting it.
check out my video from tonight for more context.
🏴☠️
Bitcoin Analyze (Short Term, Timeframe 1H,12/16/2022)!!!Bitcoin moved as I expected and broke the ascending channel today.👇✅
I expect Bitcoin will go up to kiss the downtrend line again, and then it can even go up more and test the resistance zone (Pullback) or go down and continue downward.
❗️Note❗️: In general, the trend is downward.
Bitcoin Analyze ( BTCUSDT ), Timeframe 1H⏰.
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.
12-15 btc [evening update] ~good evening,,,
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starting to like what i'm seeing across the board,
today's dip in the stonk market pretty much solidified something very important into my mind.
i'm going to talk more about it in my evening video,
so do check that out if this is something that interests you.
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over the next few days, i think btc's going to create a trap wave,
once the trap wave is completed, an expansion to 19k is expected.
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you know what comes after.
✌
btc 12-14 [evening update]good evening,,,
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really weak rejection today - almost non existent compared to the trials which spx went through lol.
>a sign of strength imo.
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a sign of strength doesn't mean we can't take out the lows though,
so that's what i'm bringing to the table today.
we grind up into december 23~28th,
then pivot down to take out the lows.
most people will panic sell down there,
but if you know it's the real bottom, you'll be buying.
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not financial advice or anything,
just some art to hang on your wall.
BTC HELLO GUYS THIS MY IDEA 💡ABOUT XBT is nice to see strong volume area....
Where is lot of contract accumulated..
I thing that the buyers from this area will be defend this LONG position..
and when the price come back to this area, strong buyers will be push up the market again..
UP TREND + Resistance from the past + Strong volume area is my mainly reason for this long trade..
IF you like my work please like and follow thanks
btc 12-13 [alternative]quick intraday update here ~
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there's a very real alternative here
this scenario is not very probable, but i gotta talk about it just in case.
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very possible we have created a triple 1-2 in the local region
which would absolutely send btc if true.
the ultimate target is between 25~29k, but i'm not 100% sure it goes there yet.
>anything is possible though, don't discount it
>and also, don't bet the bank - know when you're right, and know when you're wrong.
>stop loss is your friend.
btc 12-13 update ~what a trap wave lol.
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this morning opened up two paths imo,
the first one is labeled in red.
it's possible to use the previous chop from november to finish a simple zig-zag here,
if this is the case, we will raid the november lows before trying to move up again.
👇
the second one is labeled in green.
implying that 5 waves up is close to being finished through a leading diagonal,
and we're about to correct down in 3 waves before seeing strong continuation to the upside.
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regardless of what happens from here,
i do believe we're going to be consolidating over the next few weeks at the bare minimum.
es 12-12 updategood afternoon,
slight change to my overall trajectory.
still bullish, but we're going to have to build a bit more structure imo before going back to ath.
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eyeing a move up into december 23rd on es1! to roughly 4160 {maybe a tad higher on a short squeeze}.
will give an update after.
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btc 12-12 pt.2good evening,,,
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btc honestly doesn't look that great as of today's trap-wave.
normally, we don't wanna be going up into cpi.
because we went up today, i believe we go down tomorrow,
but that dip is likely for buying.
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not financial advice, just my unique perspective on the market.
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BTC/USD Weekly Volatility Analysis 12-16 Dec 2022 BTC/USD Weekly Volatility Analysis 12-16 Dec 2022
We can see that currently the implied volatility for this week is around 8.48%, up from 7.77% last week according to DVOL data
With this in mind, currently from ATR point of view we are located in the 56th percentile, while according to DVOL, we are on 12th percentile.
Based on this, we can expect that the current weekly candles ( from open to close ) are going to between:
Bullish: 4.82% movement
Bearish: 7.4% movement
At the same time, with this data, we can make a top/bot channel which is going to contain inside the movement of this asset,
meaning that there is a 17.1% that our close of the weekly candle of this asset is going to be either above/below the next channel:
TOP: 18450
BOT: 15790
Taking into consideration the previous weekly high/low, currently for this candle there is :
30% probability we are going to touch previous 17450
46% probability we are going to touch previous 16730
Lastly, from the technical analysis point of view, currently from
Weekly timeframe indicates 80% BEARISH trend from the moving averages index
Daily timeframe indicates 33% BEARISH trend from the moving averages index
4H timeframe indicates 40% BEARISH trend from the moving averages index
Bitcoin Analyze (Short Term, Timeframe 15min,12/12/2022)!!!
Bitcoin was able to complete wave 5 on the support zone, and also wave 5 broke the lower line of ascending channel that was made at the higher time frame.
I expect corrective waves to act as a pullback to the broken ascending channel.
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.
2023 $49k Bitcoin Forecast - A Replay of the 2019 Echo BubbleMacro larps gonna keep SIMP-ing to daddy Powell, psychoanalyzing every CPI / FOMC reading, salivating every tier10k push notification beep, stalking every ES1! 1 minute candle, annotating 7800 seconds of The Big Short line-by-line
$13.9k = 61.8% fib retrace of the Dec 2017 high to the Dec 2018 low ($19k -> $3.2k)
$49k = 61.8% fib retrace of the Nov 2021 high to the Nov 2022 low ($69k -> $15k)
my_body_is_ready.png
full moon rituals.happy full moon,
>or is it?
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depends which side you're on i suppose.
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there's an old tradition which goes a little like:
>a man is allowed to kiss any woman standing beneath a mistletoe, and vice versa.
>if the kiss is refused, bad luck befalls the person who said “no.”
the man in this situation is btc,
and the woman is all of the liquidity created down below.
😘
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long the grinch box
tp 18k
btc 12-7 [bull plan b]gm.
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gotta make this post real quick due to this overnight structure.
before you read any further, go look at one of my old posts via:
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that is what i think could precisely be at play ☝
basically one more low to catch some stops,
then massive spring phase.
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not sure which one the market is going to initiate,
but i know for sure that we gotta be ready for both.
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ps. i'm going live at noon eastern time, swing by for more info.
This setup is a Buy Opportunity for BitcoinHello,
Dear valued traders & investors, this is my own setup and view regarding the next Bitcoin move in the coming months that i will follow.
I am short description analyst & trader, so ill not write much about it because the chart tells itself.
I am preparing to buy SPOT and go Long aswell on Futures as soon as it reach my potential bottom target of this move.
PS: Chart is on weekly timeframe , and you have to understand that this will take months.
Please manage with your trades, invest only if you know what you are doing as i am a Swing & Long Term trader!
If you like the idea, please hit the Like botton.
Bitcoin Analyze (Short Term, Timeframe 15min,12/07/2022)!!!
Bitcoin has been moving in a descending channel on the 15-minute time frame for over two days.
Also, Bitcoin was able to break the support zone with a long-bodied, high-volume red candlestick (Breakout Candle) and is currently pulling back to the lost support zone and the middle line of the descending channel. (The support zone has now become the resistance zone.).
If you look carefully at the Bitcoin chart in the 1-hour time frame, you can clearly see the Head and Shoulders pattern, which can be a sign of a further fall in Bitcoin.👇
I expect Bitcoin to once again attack the support zone and the lower line of the main ascending channel, and the possibility of breaking this zone is also high.
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 12-6 [bull case]g' afternoon my bear frens
coming here to bring you a delicious bull case.
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will keep this really simple.
i think a majority of the market is in a nested 1-2 down here,
and i'm predicting it causes a parabolic rip upwards to about 20k+
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the catalyst will likely be cpi print beat + jpow starting to reduce the amount of rate hikes going forward.
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this is not financial advice!
this is simply A bull case.
there's like 10 bear cases and 1 bull cases right now, so take what i'm saying here with a total grain of salt.
✌
Bitcoin Analyze (Short Term, Timeframe 4H,12/05/2022)!!!🌊Bitcoin is making Double Three Correction (WXY) to complete the main wave B.
The microwave X of the main wave B was completed by zigzag correction on ascending channel.
I expect Bitcoin will break the lower line of ascending channel and then go down to the yellow zone.
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.