ACB CORRECTION | BITCOIN MARCH 17, 2023BITCOIN TA
There is a scenario where the 5th Wave is not complete and bitcoin could push up further to $28,400.
However, if it drops to the $25,600 level, there is a greater chance that we could be in the beginning of the ABC corrective wave.
Wave A will move down in 5 waves and a SHORT position may be available at the end of wave (iv).
TP level : $24,000
**Not Financial Advice** Please leave a LIKE and COMMENT and let me know your thoughts.
Bitcoinshort
Bitcoin Price Prediction and Updates1. Here is my view on the bitcoin chart if bitcoin getting weaker and breaking the trendline with bearish divergence in "RIS" Then I will be looking for short and my first target will be golden zone in Feb Retracement tool.
2. For long I will be looking the golden zone in Feb Retracement Tool and wait for the Reaction in lower time frame 5/15 mints.
I do analyze the cart on my view but nothing is financial advise.
BITCOIN (BTC) IS ON A DOWNWARD RIDE Hey there, crypto enthusiasts! I have got some juicy updates on this particular asset that you might want to sink your teeth into.
Unfortunately, things aren't looking so hot right now. This poor asset (BTC) has lost over $1,700 after the neckline of the double-top (M) pattern broke. Ouch!
But don't lose hope just yet. The last candle was a BULLISH PINBAR, which could indicate a possible bullish pullback to the neckline. If the current daily candle closes above the pinbar, we might see the asset make a comeback. And if it does, my target will be the $21,000 - $21,300 zone as TP.
However, if the asset eventually pullback to the neckline, I'll be playing it safe and shorting BTC from the neckline of the M-pattern. My TP1 is set at $19,600, and TP2 will be the SUPPORT TRENDLINE
But let's not forget to keep an eye on the $18,400 zone, as it could provide some strong support.
So, what do you think of BTC's current situation? Let's start a conversation in the comments section! And while you're at it, be sure to follow me and share your thoughts.
Let's ride this crypto rollercoaster together!
will Bitcoin crash continues on WeekendBitcoin\4H Trying to retrace backup but sell pressure is too high EVEN on weekends with traditional markets crashing down
20800 was touched as predicted now we are looking for a possible ~21200 or ~21564 which is the origin of the dump.
The Crash started but the flood hasnt happend yet.
BTCUSDT (BITCOIN) Daily: 04/03/2023: 🔴Short opportunity?!
Well, as you can see the bitcoin price fell more than 6% on Friday, and it created a liquidity void below the supply zone, so it's an interesting area for the price to back there and fall again, at least till the demand zone.
In addition, we can see a liquidity pool below 21350 that can define as our first target.
💡Wait for the update!
🗓️04/03/2023
🔎 DYOR
💌It is my honor to share your comments with me💌
BTCUSD - BITCOIN - ShortFollowing bitcoin support and resistance lines.
Entry:
$20,150 - $20,000
Take Profit 1:
$18,000
Take Profit 2:
$17,500
Stop Loss:
$21,000
Enjoy my free analysis.
Please give me a boost (rocket!) and a comment.
I like to hear your feedback.
For more analysis, follow me.
Success trading!
Cheers uNickTrading
BTC 1D CALLED 18KBEWEARE! Closing 1D if price bellow 21k
next target is 18k
-
Daily Supply -Demand area 18k
SELL BTC Entry: 24380 - 25620
Target 1: 23180 (done)
Target 2: 21960 (done)
Target 3: 20740 (done)
Target 4: 19520
Stoploss: 26060
Remember when we went through the big pump at the beginning of the month?
it crossed the daily supply without any reasonable reaction in the 18k area. believe it or not this area must be "paid off" first!
Note : at the beginning of the year 2023, we had a bear flag which was "invalid" too.
Retracing A Month UpSide Rally In 2 Days ! Top Longers in shamblUnfortunately Today I couldnt upload a video , it kept failing ONLY on this platform!
Bitcoin\4H Had A Capitulation Candle Down (-10%) and will continue to go down after a consolidation
After slow bleeding for 2 days BTC finally did what it suppose to do and legged down 10% and caught every hasbullah off guard resulting in Hasbullas getting liquidated left n right
We Also filled the gap (20500 to 20k) AS PREDICTED ,Now this dump is just the begining of a bigger dump thats comin maybe with todays news (18.4) then consolidates there or pushes backup to 19.5 and hold there.
If you look at 4H candles u see they are getting smaller in size and volume is dropping showing Bears are taking the thumb off the sell button and giving some room for retracement following in another fake bull move maybe ~20800 which eventually end in more sell.
On 15Min chart we are doing another Parallel channel but it could change as its low time frame pattern
Liquidity to upside around 22.8 is 4M around 23.7 is 11M
BTCUSD Feeling Heavy and Poised to Attack SellsideBackground: Bitcoin is looking on the heavy side after running up from Jan 2023 lows only to have topped at 25200 in middle of February.
Thesis: I am anticipating an overall move lower attacking the nearest daily sellside liquidity.
Bias: Bearish
Reasoning: 25200 buyside liquidity was ran in middle of Feb enticing retail longs and breakout traders. The initial move lower between Feb 21 and Feb 24 broke market structure (MSS) on the daily which has resulted in a move toward 22190 price level.
Targets: 21366 and 20380.
Timeframe: Over the course of the Month.
BTC/USD#bitcoin
impulse correction bitcoin is correcting to continue its rise to its highest levels since 2021
there will be several long-term buying opportunities
$21553
$20407
$19262
$17632
#bitcoin #btc #Cryptocurency #crypto #trading
it's important to note that the cryptocurrency market is highly volatile and subject to sudden price swings that can be difficult to predict. Therefore, it's important to approach any analysis of Bitcoin with caution and to keep in mind the risks involved in trading cryptocurrencies.
Important Bitcoin Alert🚨IMPORTANT BITCOIN ALERT
1HR Timeframe,
We know that the 0.618 Fibonacci level is full of sell orders at the moment and we will see. It will be very hard to break, a lot of people are trying to catch up with the dump from there. Knowing that Bitcoin is BEARISH on the mid-term timeframe. So I believe that we will see a good short position from there.
LIMIT ORDER that should be set and not forgotten.
Limit: Bitcoin
Leverage: Cross x20
Entry: 22750 - 22868
Targets: 22483 - 22041 - 21057 - 20500
Stop loss: 23212
Nonfinancial advice
Bitcoin Consolidation Scalp and Swing trade levels this week!CME:BTC1! CRYPTOCAP:BTC BINANCE:BTCUSDT INDEX:BTCUSD BYBIT:BTCUSDT.P BTCUSD.P
Bitcoin has respected the nPOC mentioned in my last video at $22100.
I talk about the scalp trades that are possible in this consolidation range and the larger areas of Support and resistance for Swing long and Swing Short trades
#BTC #Bitcoin
Not Financial Advice.
Paper trade before using real money!
Safe Trading and book those profits always!
Regards,
Shawn