Bitcoin (BTC) - May 1hello?
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(BTCUSDT 12M Chart)
You can see that it needs to fall below 27K-29K to turn into a downtrend.
The 27K-29K section is a strong support section.
(1M chart)
You can see that it needs to go below 37253.81 to turn into a downtrend.
The section 35045-38150.02 is the support section.
(BTCUSDT 1W Chart)
Resistance: 46487.52-49266.69
1st support: 37253.81-38150.02
2nd support: 32259.90-35045.0
(1D chart)
1st resistance: 39942.38-40526.64
2nd resistance: around 45135.66
Support: 35045.0-38150.02
- 37253.81-38150.02
- 35045.0-36244.55
You need to make sure you are getting support within the rising channel passing through the support section.
To break the formed floor section, it must fall below 35045.0.
To turn into an uptrend, it needs to move higher than 42373.73.
The volatility period is around May 3 (May 2-4).
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
XBTUSD
btc 4-30 update~good evening folks~
btc confirmed a close below the monthly 21ema
i've talked about this before, but if in case you missed it - this is a very bearish indication.
i'm looking for mean retracement of the local impulse that we just saw;
>target closer to 44k.
>if it pushes above 44k, then it could theoretically move a lot higher.
>reject it, and 25~23k is inbound.
remember, cash is also a position.
✌
somethin' sinister to it.morning o/
i shared this idea in half of the videos i've published over the last year
original post:
there must've been like 30 times where i talked about this exact scenario.
---
to be fair though, i was expecting a retracement to about 53k -
but we didn't get it due to an overwhelming amount of weakness in the market.
it's still possible that we still do see 53k, but it's just getting less and less probable.
---
>btc has lost the weekly ichimoku cloud last week (this is the second week we're going to close below it)
the last 4 times this happened in history (and the only 4 times), btc rallied to the downside between 50~85%.
>we're about to lose the monthly 21ema tonight (which sits at 38k)
last 4 times this happened, btc fell to the 55 monthly ema (which currently sits at 24k).
---
my downside target for this correction sits at 23k
How long it takes to get down there is still up for debate.
Nobody truly knows.
---
I've moved to mostly cash, and i will continue to observe the markets for any signs of life in the short term.
Stay tuned for more updates, and have a beautiful week ♥
Bitcoin (BTC) - April 30hello?
Welcome, traders.
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-------------------------------------
(BTCUSDTPERP 1D Chart)
Primary resistance: 39915.9-40500.3
Secondary resistance: around 45163.4
Support: 35280.2-38200.0
- 37243.4-38200.0
- 35280.2-36230.0
We need to see if we can find support and move up within the uptrend channel.
Accordingly, the volatility period is around May 3 (May 2-4).
(1h chart)
** A short-term response is recommended as sharp movements are likely to occur on the 1h chart.
Indicators passing through section A are inversely arranged.
Therefore, it is highly likely that volatility will occur, so you need to trade with caution.
It is necessary to check whether it will go sideways within the 38200.0- 40500.3 section.
------------------------------------------------------------ -------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
a fair warning.what you see displayed on my chart is not my primary outlook,
but this is one of the few scenarios remaining from where we stand today.
---
I'm not saying this is what will happen, but if it did - at least you the people would be ready for it.
---
Best of luck to both bulls and bears,
maybe the strongest get through these trials.
btc 4-28 update pt.2good afternoon o/
in my last post i stated, if we broke above the key level i had displayed on my chart, then we would simply see an expansion to the upside.
btc fought quite hard today, and it's safe to say it has broken out.
i highly doubt it'll go straight up from here, but it's very possible.
bitcorn will be bitcorn, gotta be ready for anything.
target from here sits at 44k (at the minimum).
the reaction from that zone should give us a cleaner picture for the next big move.
BTCUSDT above support + wedge pattern, wait for a breakout BTCUSDT
price is currently above support/resistance structure and price is support by ascending trendline, and price is forming a wedge like structure, if price continues to hold above the support structure, I expect the price to move higher towards next resistance.
In case, If price breaks and close below the ascending trendline and support structure, then the bias will turn from bullish to bearish.
Trade Wisely
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
BITCOIN (BTCUSD): Important Decision Ahead! Your Plan: ₿
Important update for bitcoin.
In this video, we will discuss daily/intraday time frames,
price action, structure and key levels.
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
Bitcoin (BTC) - April 29hello?
Traders, welcome.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(BTCUSDT 1W Chart) - Mid-Long-Term Perspective
Resistance: 46487.52-49266.69
1st support: 37253.81-38150.02
2nd support: 32259.90-35045.0
Strong support: 27033.35-29812.52
(1D Chart) - Short-Term and Swing Perspectives
1st resistance: around 42373.73
2nd resistance: around 45135.66
Support: 35045.0-38150.02
- 37253.81-38150.02
- 35045.0-36244.55
If the decline fails to rise to the 39942.38-40526.64 section, it is likely to lead to further declines.
Therefore, it is necessary to check whether it rises above 39942.38.
- When receiving resistance in the section 40526.64-42373.73, Stop Loss is required.
Entry is possible only when it rises above 40526.64 and shows support.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
btc 4-28 update ~as we near the end of this wedge, as well as the end of this month,
btc is starting to look less an less appealing from my perspective.
---
if we close this monthly candle below 38k, it opens the door for a drop to 25k within the next 30 days.
close this weekly candle below the weekly ichimoku cloud, and it adds confluence to the bearish theory.
---
i'm no financial advisor, so please do your own research - don't just blindly follow my ideas.
Bitcoin (BTC) - April 28hello?
Traders, welcome.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(BTCUSDTPERP 1D Chart)
Primary resistance: around 42366.0
Secondary resistance: around 45163.4
1st support: 39915.9-40550.3
2nd support: 37243.4-38200.0
It is necessary to check whether it can rise above the 39915.9-40500.3 section belonging to the middle section of the 38200.0-42366.0 section that can be considered to have started to form a bottom section.
An uptrend line passing near 38200.0 is significant.
Therefore, the interval 37243.4-38200.0 is an important interval.
A full-fledged uptrend is expected to begin when it rises above 49135.7.
(1h chart)
** A short-term response is recommended as sharp movements are likely to occur on the 1h chart.
The indicator passing through section A is inverted.
Therefore, it is highly likely that volatility will occur, so you need to trade with caution.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
Xgood evening ladies and gentlemen.
here's another potential projection that could be at play.
original post:
this idea pretty much implies that we're playing out a much larger corrective phase, and btc will take a real deep dive after wave X is completed.
macro count from this perspective:
overall, this would still be very bullish for btc, despite the deep dive that follows after.
corrections of this magnitude take time, so a lot of patience will be needed if this is indeed the case.
Bitcoin | Falling Wedge + Bullish Divergence + Channel..!!
#BTC (Update)
Bitcoin has been Consolidating into Ascending Channel since January 2022.
From last 4-weeks, Bitcoin is Moving inside the Falling Wedge.
RSI is Printing Bullish Divergence as Well.
For Bullish Momentum, Bitcoin Bulls need to reclaim the 40k S/R Level to Confirm the Upside Breakout.
In Bullish Case, If Bulls Reclaimed the 40k S/R Level then Bitcoin Might hit the 50k Psychological Level.
In Worst Case, If Channel Broken Downside, then We Could See Bearish WAVE towards the 28-30k Major Support Area.
Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!!
Thanks for Your Love & Support..!!
btc 4-27 update ~morning o/
btc approaching he downside trendline
the reaction will be key for what comes next in my opinion.
a break below = a drop into the crypto abyss
hold as support, and we can see follow through to the upside.
3 days until monthly close as well,
if btc closes a monthly candle below 38k, it's game over for the bulls in the short term.
💰
BTCUSDT - as long as price is in asc. channel,it will be bullishBTCUSDT
price is following an ascending channel and channel's lower trendlines are acting as strong support for the price, due to yesterday's strong down move the price is close to critical support area, as long as price is in the ascending channel and above support structure the bias will be bullish, previously the channel's lower trendlines triggered a strong bullish move twice we can expect the same if price holds above the support.
In case, if price breaks below the asc. channel and support structure, then the bias will turn from bullish to bearish.
Trade Wisely
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Bitcoin (BTC) - April 27hello?
Traders, welcome.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(BTCUSDT 1W Chart) - Mid-Long-Term Perspective
Resistance: 46487.52-49266.69
1st support: 37253.81-38150.02
2nd support: 32259.90-35045.0
Strong support: 27033.35-29812.52
(1D Chart) - Short-Term and Swing Perspectives
1st resistance: around 42373.73
2nd resistance: around 45135.66
1st support: 39942.38-40526.64
2nd support: 35045.0-38150.02
- 37253.81-38150.02
- 35045.0-36244.55
Looking at the big picture, the 38150.02-42373.73 section is a sideways section.
However, it only looks dangerous in terms of flow.
In fact, falling below the uptrend line (1) is risky.
(buy)
- After confirming the support at 38150.02
(Stop Loss)
- When it falls below 37253.81 and receives resistance
- When it falls below 35045.0
(Sell)
- When resistance is received in the section 40526.64-42373.73
- When receiving resistance near 45135.66
A move above 49152.47 is expected to lead to a surge.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
btc 4-26 update ~good afternoon peoples,
looks like i was spot on with the expanded flat yesterday.
if you missed that idea, you can find it below 👇
as we approach the key level, people are starting to get a little spooked
but not me lol,
i'm a buyer.
---
i'm looking for a move up from my downside target to around 44k
the reaction from that zone will determine the next path btc takes.
i'll tell you right now though, it's going to be one of two:
#1- 54k
#2 - 31k.
---
play it safe,
use stops,
don't be too attached to any single idea,
best of luck!
Bitcoin (BTC) - April 26Hello?
Traders, welcome.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(BTCUSDTPERP 1D Chart)
1st resistance: around 42366.0
2nd resistance: around 45163.4
1st support: 39915.9-40550.3
2nd support: 37243.4-38200.0
An uptrend line passing near 38200.0 is significant.
Therefore, the interval 37243.4-38200.0 is an important interval.
A full-fledged uptrend is expected to begin when it rises above 49135.7.
(1h chart)
** A short-term response is recommended as sharp movements are likely to occur on the 1h chart.
The indicators passing through sections A and B are inverted.
Therefore, it is highly likely that volatility will occur, so you need to trade with caution.
We need to see if we can move up along the uptrend line passing through the 39915.9-40500.3 section.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------