SELL BITCOIN to 6KEveryone is being liquidated.
Bitcoin is the most volatile manipulated asset traded in the market.
Drop down to your lower TFs and look for SHORTS only.
Bitcoin has Fallen!
I REPEAT: BITCOIN HAS FALLEN!!!!
Never overleverage.
Trust your analysis.
Give it time to manifest: that's why the proper leverage is everything.
Have fun and buckle up for the ride down south on BITCOIN!!!!
I AM Pro Trading Made Simple: Master Jedi & Sensi of #SniperGang
Bitcoinshort
Bitcoin Go Long Above 21530 and Go short below 21053 and 20386This is a short term analysis for 15 mins time frame for bitcoin
Execute Long position only above 21530 with 5 mins candle confirmation breakout for targets of 21645/21768/21919/22089/22193 ( Stop Loss will be strictly 21289)
Execute Short position only below 21053 with 5 mins candle confirmation breakdown for initial targets of 20908/20763/20667/20572 ( Stop loss will be strictly 21190)
For further breakdown wait for 20386 level to break and enter new short position with 5 mins candle confirmation for targets of 20155/19785/19410/19173 ( Stop Loss will be strictly 20572)
Bitcoin BTC Crypto market update
Pakistan Time: 01:36 PM
Bitcoin support levels - 19,000 and 18,500 USD strong Support (is Ka Matlab yahan buyers hain)
Bitcoin resistance - 20,000 and 20,500 USD strong resistance (is Ka Matlab k yahan sell karney walay hain, sell hoga bitcoin)
Bitcoin per market depend karti hain tu ap ko update de di hai - is k according plan apko khud karna hai AB kiya karna hai apna funds k sath.
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Analysis - BTC closed its daily candle red at $19530. Opening price was at $19960, high was at $20068 and low was at $19320. Support is at $19,000 and resistance is at $20,000. $19500 level needs further confirmation to become resistance or support. Trade carefully and manage your risk according to to support and resistance levels.
Bitcoin will dump to grab Liquidity and now Bitcoin showing the same thing as we expected.
Once The Liquidity is grabbed by the market maker then after that, we will see some positive movement in Bitcoin price.
$BTC - Last Short before Pivot to Bulishness: Near $15,825 *SMT**SMT* = Smart Money Theory = everything you think that is not retail related to trading. First, SMT does not believe that triangles, wedges , trendlines , channels, harmonics, etc. has any effect on how price reacts. I'm Sorry, but you won't convince me that Tasla or Bitcoin knows it has created a triangle and that it knows how to react from that? It does and will remember price levels, that's it. The second is to recognize that the price is not random, it is set by an algorithm controlled by those that control the asset. The Third thing to remember is regarding what price action will do - 2 things 1) move toward attacking where there is Liquidity (Equal Highs, Equal Lows, phantom Trendlines,etc.) and 2) Move toward Imbalance (Fair Value Gaps, Liquidity Voids. Open Gaps) Halfway points in fair value gaps, order blocks, Breakers, are always a price to aim for. Support and resistance onnly exist to protect profits, as soon as an institution wants more, they'll all use the same Options strategy amd that's then Support and resistance is broken. That's the basics. The rest is very unique in the vocabulary you need to have and the concepts that wrap around these ideas.*
Bitcoin - It dropped pretty hard after entering a 4 hour fair value gap. This is called an institutional order flow entry drill (IOFED). It drops down to "Support" To where retailers would probably start buying. However, If you haven't done a monthly time dframe analysis on this chart, you will be lost. There is a monthly fair value gap below current market price. After the current price hit support and came back up it then hit a bearish order block followed by another (IOFED) And this is where I believe the price will definitely take a dive as most retail positions are buying.
Here's the chart depicting such safe support and retail buying in one area
Options on the Bitcoin micro, for an institution to protect their asset would buy a put and buy a call. Therefor if it reaches the put strike price they can excericise the right to buy at that price and they want it lower so they can buy at a discount. So institutions know what retail is doing there for they can sell their assets and short the future/option to hedge against the sell. to get the price to start dropping. Once retail sees that it is dropping further than they want, then they eill start selling with Institutions pushing it down further. Institutions usually knmow the gap theory and will end their option/future at the midway of the monthly fair value gap and start buying up again at an enormous amount because this time it will be in the $15k range. This is about an 80% pullback from the previous low, which is exactly how the chart from 2017/2018 acted. So this should be the last hurrah of a drop. It can fill up the entire Fair value gap below but it doesn't have to. We'll just have to wait and see.
Heres a chart of the monthly and where that fair value gap is.
That gold line is the imbalance that price wants to fill.
2017 80% pullback VS 2022 80% Pullback
1. 2017/18
2. 2022
At first you were probabbly scratching your head or laughing at my idea. But go back and look through my last 5-6 ideas. I've pretty much been spot on the more I am involved in studying smart money. At least getting near an entry zone and hitting a take 1 profit. Thats All I need daily and I can do this for a living.
What do you think? Is $16k ish too low? or do you think lower? Why?
I think we're nearing the end of the pullback journey. based on history and Smart Money Technical Analaysis.
Also the Commitment of traders report has the institutions adding shorts to their positions. See barchart.com chart, so if the institutions believe it's still shorting, why wouldn't we? See below Barchart CoT. It's the indicator at the bottom of the chart, and the red line represents Institutional Positions. As you can see it's lowering which means it's adding more net shorts.
www.barchart.com
So good luck and happy trading.
COINBASE:BTCUSD
BITSTAMP:BTCUSD
BITCOIN MINI BULL-RUN IS ON THE WAY !!Hi lads.
BTC is getting close to the end of the triangle here. BTC is still moving in 18.5k - 20.2k area and has been consolidating in this area for almost 4 months. The daily volume is increasing so fast and we are hitting all time high daily volume records on binance. A lot of long term holders are sold their bitcoins at that level and on the other hand, a lot of stock market whales and traditional market big players started to buy bitcoin at current levels. In general btc is bullish but it is under the effect of financial markets (SPX500 and NQ) dump.
BTC is still in the bear cycle and i think the moment we hit 13k levels, we can say we touched the bottom. so bear in mind that we havent touched the bottom yet. But in short term like 1 or 2 month period, i expect an retracement. BTC can go up to the levels of 25k to 28k. from there we may start falling again.
So, btc can rise above 25k levels from these two spots : 1) 19k in a bullish scenario 2) 17.8k in a bearish scenario
So, be ready for such scenario.
Also dont forget to like my post and also follow me cuz it helps me a lot.
Thoughts on Bitcoin. BTCUSDMore bears. Look, it is pretty damn clear that this thing is going down and I can write a book explaining why. But let me spare you the hours and just cut to the chase. Bitcoin is going to drop in the immediate future, along with the equities and the major indices.
There is a lot of wishful thinking in the crypto space citing bullish scenarios in many coins, including bitcoin. I have just one question, "How?"
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe.
BITCOIN: Bearish Fakey + Pin Bar SetupBITCOIN (BTCUSD) – Cash: Bearish Fakey + Pin Bar Setup
(WARNING ON CRYPTO: TRADING BITCOIN AND CRYPTO IS HIGH RISK, CONSIDER A REDUCED POSITION SIZE AND LOWER LEVERAGE UNTIL YOU ARE FAMILIAR WITH THESE MARKETS).
Price Action: Price formed a Bearish Fakey + Pin Bar Setup overnight (We suggested waiting for this setup in the Sep 21st, daily newsletter).
Price exploded lower from the $21930 – $22808 short-term resistance area.
Potential Trade Idea 1: We are considering selling on a retracement higher to within the range of the current Bearish Fakey + Pin Bar Setup.
Potential Trade Idea 2: We are considering selling on a retracement higher and after a price action signal, whilst price remains under the $21930 – $22808 short-term resistance area.
Bitcoin forecast and idea 🧐Hi traders,
⭐ After the price hits the resistance line and a view of the fall of Ethereum, we will most likely see a fall in Bitcoin price.
Probably a short-term fall and the reach $17,500 price for a little time
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✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
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✅ Please write any advice or suggestions.
Dear friends, request any cryptocurrency pair, currencies pair for forex, and any index that you want to be analyzed, and ask any questions about chart analysis.
Thanks for your attention
BITCOIN SHOWS BULLISH SIGNALS !Hi lads.
In my previous analysis i talked about bitcoin mid term bullish scenario and said 19.3k - 19.8k is a very important support area. Untill now, we have seen strength in bitcoin and we saw buyers were active at 19.3-197k area.
Also, SPX500 showed some strong come backs in last hours before the markets get closed. And with strong probability, SPX500 might start the new week with some bullish moves too. With that being said, We can expect bitcoin would go and touch higher levels in the coming week. Another important reason that i think btc will pump other than technical analysis and indicators, is that a lot of people and retail traders are short and bearish on bitcoin. This is where whales and market makers will go against the peoples wishes.
Also,targets for bullish move are shown in the chart and you can see everything in the chart.
Dont forget to like my idea and also follow me cuz it helps me a lot :)
Cheers.
BTC shifted bearish, continuation possible📉 Text marks:
🔹 IL = impulse leg. Inside of IL we can usually see inside structure, which is secondary in nature, like a market noise, unless you trade it on LTF, as it’s own IL.
🔹 ph, pl = protected high or low, which holds current structural impulse.
🔹 bos = break of structure . Based on candle body close below/above previous structural impulse.
🔹 rsz, rdz = refined supply and demand zones. Specific areas to look for LTF confirmations. They are manipulative up-moves before real down moves, or vice versa. Strong hands (the Composite Man, as Wyckoff called it) often come back to such zones to close their manipulative orders at breakeven, before pushing prices further. If body closes outside of the zone, in most cases it will mean the cancellation of the setup.
🔹 if ltf confirms = entry only if there's a shift of structure on lower TF inside of rsz or rdz, or any other type of backtested and approved confirmation.
🔹 liq target = liquidity target: next profit taking levels for strong hands, our main targets based on current price action.
☝️Disclaimer: ALL ideas here are for EDUCATIONAL and MARKETING purposes only, not a financial advice, NOT A SIGNAL. I share my view on the market and search for like-minded traders. YOUR TRADES ARE YOUR COMPLETE RESPONSIBILITY. Everything here should be treated as trading in a simulated environment.
👉I believe that "right or wrong" mentality is a fundamental flaw of any beginner. In reality, a trader is right only when he executes the system and follows his rules, and he's wrong only when he's taking random setups. A trader should find a system he's willing to work with long-term, hindsight test, backtest and then execute live, then refine until perfection.
🚀Thanks for your BOOSTS and support🚀
💬Send your comments and questions below, share your ideas and charts, I'll be glad to talk to you💬
👀BTC remains the same. 18500 and 17500 as main targets.👀Please feel free to check the linked idea for more context. Use split-screen drag for a better view. Nothing too much to say here. We had that bos and now I'm expecting a minor pullback and then continuation lower.
📉 Text marks:
🔹 IL = impulse leg. Inside of IL we can usually see inside structure, which is secondary in nature, like a market noise, unless you trade it on LTF, as it’s own IL.
🔹 ph, pl = protected high or low, which holds current structural impulse.
🔹 bos = break of structure . Based on candle body close below/above previous structural impulse.
🔹 rsz, rdz = refined supply and demand zones. Specific areas to look for LTF confirmations. They are manipulative up-moves before real down moves, or vice versa. Strong hands (the Composite Man, as Wyckoff called it) often come back to such zones to close their manipulative orders at breakeven, before pushing prices further.
🔹 if confirmed = entry only if there's a shift of structure on lower TF inside of rsz or rdz, or any other type of backtested and approved confirmation.
🔹 liq target = liquidity target: next profit taking levels for strong hands, our main targets based on current price action.
👋 Disclaimer: All ideas here are for educational purposes only, not financial advice. Your trades are yours only, and your complete responsibility. I'm not particularly bullish or bearish on any given instrument, and I don't have a "fixed" bias. I'm just following the strategy I learned from my teachers and that's all. We can have completely different views on the market and still both make profits. Everything here should be treated as a simulation.
👉I believe a trader doesn't need to predict anything, so "right or wrong" mentality is a fundamental flaw of any beginner. A trader should find a system he's willing to work with long-term, hindsight test, backtest and then execute live. He's right only when he executes the system, and he's wrong only when he's taking random setups.
🚀Thanks for your BOOSTS and support🚀
💬Send your comments and questions below, share your ideas and charts, I'll be glad to talk to you💬
BTC Key Support Levels Rundown We are currently bopping about the 2017 all time (at the time) high of $19,783 (Dec 17th, 2017) and 2020 early Dec high of $19,982 (Dec 1st, 2020). We retested the lower 2000s yesterday; it seems as though this is flipping to new resistance, and price might keep cascading down as it has been doing since the mid-August 2022 local high of $25,135.
A not-bad strategy could be holding a short position though what appears to have been a wiggly bear flag (18 June-15 August 2022), though if we somehow significantly flip directions I'll keep a close watch. With this strategy it's super important to only risk a small amount of capital. Usually, the longer you plan to hold a trade open the more conservative you should be in how much you put in (also being conscious of swap fees).
There doesn't appear to be strong support historically until the June 2019 high of $13,796 , so if the large summer bear flag is actually broken, it will be interesting to see if price freefalls down a bit. It will also be good to keep in mind "psychological" support and resistance levels (though ultimately, all support and resistance is psychological)- even numbers (like $20,000, 19,000), halfway points (like 25,000, 18,500, 15,000), perhaps even meme-y stuff (like 42,069) but please don't count these as reliable- definitely consider in conjunction with other TA.
$11,948 in 5 days - 5/05/22According to the VIX Cheat Sheet Indicator the Nasdaq will lose around 2.64% within the next 5 candles.
NASDAQ has broken through the ceiling of a falling trend channel in the medium long term. This indicates a slower falling rate initially, or the start of a more horizontal development. There is no support in the price chart and further decline is indicated. In case of a positive reaction, the index has resistance at 12600 points. The index is assessed as technically negative for the medium long term