Big dumps of Btc is getting smallerBitcoin is just growing and these little dumps are just ,Water for the Plant; Necessary.
If we take a look to the long term ,after every ATH ,Bitcoin starts to correction.
But these corrections are getting smaller in percent;
Eg :First time 85% but then 72% and 55% ,50% and what you think is next ???
Of course its lower
See you at the next ATH 100K.
Keep in profits.
High
New York High and Low Session AnalysisThe above chart and below charts are some analysis on how past New York Session High and Lows have been acting as support and resistance.
In the above chart you can see that the New York Session seems to be putting in THREE consecutive higher sessions (shown as 1,2,3) then completes a recovery.
The below image is a prediction that if price does drop that it could find support at $37000-$37350
The below image is a predication that if we break the previous New York Highs we could see a move to $40300 before coming back to test support at $39100-$39300.
Then upwards to $42380-$42900
HIGHUSDT- SETUPHIGHUSDT price has dropped significantly after printing a considerable high. Now price is trying to consolidate and retrace, bulls trying to paste a good move as it can be seen. A harmonic pattern completion also suggested some reversal is on the cards. And lastly, price broke the daily trendline and trying to retest it, So we are expecting a move towards the upside. Good Luck!
Can Bitcoin fall to the All-Time High from 2017?Can Bitcoin fall to the All-Time High from 2017?
Adjusted the Bitcoin Investor Tool that current price is in contact to the green bottom line.
Measuring the percentage drop from the past 3 times and transfer it to the current price...
...that would make it within the realm of possibility.
But what do you think? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
The Beast doesn't like MondaysThis one will be short and sweet!
The beast Gave $1.30 in longs and just about closed above 85.7 (86) in the first 4hours of Asian session today. (240122)
From the last idea it only manged to be long for $1.30 (130 pips) before dropping for a total of $5.11 (510 pips) after the $3.20 (320 pips) on Wed (190122) and $4.30 (430 pips) on Thursday.(200122)
The weak close in the box above left the door open for that short. What did we see today?
Although we saw the big fall, Price once again failed to break and close into the box below on the 4 hour TF. Instead a 4 HR Red Vector candle broke in, went down to recover the Green Vector from 14th Jan and bounced up to close back in the box that we currently find our selves in. It also gave us a chance to get a better price (82) for new longs. The last 4 hour candle of the day also closed Blue, indicating more Bullish movement.
which we have enjoyed $2 so far. We have seen many Tuesdays start a rally after a fall on a Monday so let's see how this plays out and be ready to go short if price fails at key resistances.
With the Embedded lost in the Daily and a bunch of Purple in the smaller TFs we may have had the bearish confirmation but are looking for some more Bear signals but will only be short again if Oil fails to break resistances
as we have Red Vector candles in the Hourly from 13:00 UTC running up to 85.6 and we can see a move back up there and possibly beyond in the next few days.
Good luck guys!
This is not financial advice and should be taken with a pinch of salt!
High Volume StatsThe below are just some statistics based on:
- Volume bars with 500% increase of volume.
- 15 minute timeframe BTCUSD.
- Baseline of the last 10 volume bars averaged against the current volume bar.
Since 21st July 2021 there has been 51 occasions were there has been a 500% increase in volume.
47 of these (500% volumes) has seen price retrace/recover that price action area.
Out of the 4 that are left 1 is below current price action with a price range of 29925 to 30525 .
This is not a trading call but more of an observation of reviewing past price recovery of volume bars that are equal to or exceed 500%.
Trade safe, DYOR.
The Beast!Last week was a very interesting week when it comes to oil. Friday 14th weirdly stalled for ages before finally breaking into the next box above. It did this with a 1 hour candle 4pm. (UTC) This candle was then rejected back out of it only for the 5pm (UTC) candle to explode through. The first signs of Blue candles in the hourly timeframe were the 13th 13:00 (UTC) and the 14th 09:00 (UTC) giving us indications that the Bull was going to get their way.
This close in the box above, as mentioned in the previous post would signal a journey to the end of the box. We had to wait another hour for the 4 hour candle to close and make sure of the continuation. All of Monday and Tuesday so far have taken us to the top of the box at 85.7.
Where do we go from here? We are definitely holding some longs from 83.5 but have equally enjoyed some short scalps from 85.7 ($0.70 and $0.40) and will see if this gives us a meaningful short from here.
We are also looking out for a kind of behaviour where the highs that we are at get broken, we see a new high and then it plummets.
The main thing we are looking to see is if we get yet another 4 hour close in the next box as if this happens we have a very strong chance of going to $88
but at the level we are at price can go whenever! |There has been a Blue Vector candle at the top in the hourly timeframe. Recovering the Red Vectors from 25102021 this is a bullish indicator. But the main thing that will mean Oil is still Bullish is if the daily timeframe is embedded on the RSI. Once the embedded is lost in the daily timeframe that will be a good indicator that we have a meaningful short coming.
Keep the short scalps short and sweet, hold longs from good buy prices and always be ready to switch to plan B or C at anytime when trading Oil!
Good luck Guys!
This is not financial advice and should be taken with a pinch of salt
GBP/JPY - SHORT Long term position, with great risk/reward ratioThe price reached the previous highs. It created a double top and crossed the uptrend line. Also RSI reacted to the overbought and started to 'look' downwards.
Great potential here for positions that will stay open for a few days or maybe couple of week in order to be profitable.
ADA DOUBLE BOTTOM BULLISH ON WEEKLY CHART **LONG**ADA/CARDANO Looks to have a comfortable position settling around the $1.30 range. With recent trends and other Bullish movements, Cardono seems to be finding support and beginning its upward momentum back up to its previous all time high.in the next few weeks. Looking at a possible $2.90 area. And a retrace back to $1.97. Remember this is a LONG entry and becoming rich and famous doesn't happen over night. This also is just my view and not financial advice. Good luck and Happy New Year!
Buying #HIGH here50% order now.
50% order place between 10.30$-10.70$(2050 to 2200 Satoshi)
Looking for reversal from this accumulation zone. It's newly listed token in binance and didn't show up any significant move yet.Volume growing up slowly. Chart looks bullish for it. Short term signal.
Targets: 2728,3040,3800,5400
Targets : 12.60$,14.60$,18.90$,23.00$+
Stoploss Btc : 1990
Stoploss Usdt : 9.44$
EURCHF Trade PlanIf you like my analysis please like and hit the follow button. I need your encouragement.
EURCHF has has been on a decline since it formed a high at around 1.093 in mid-September. The price action however has seen a lot of slowness in the bearish trend as momentum has been diminishing of late. Over the past three weeks we have seen price ranging behavior. We have a break of a major swing to the upside preceded by what appears to be price sweeps of lows. We may be in a great trade if we see PA on LTF as indicated in the chart. We want to see clear intent of price breaking upwards with strong momentum and a slow retrace to the QM level for the buy setup to be valid.
BTC/USDT AnalysisATH Flip level for BTC using Fibonacci and confluence of important levels including structural support, Fibonacci and Monthly High, RSI
RSI : Oversold Zone
Scenario 1) BTC Flips from Fib 0.5 (54300)
Good consolidation and breakout
Target - 81056
Scenario 2) BTC Flips from Fib 0.618
Target - 78600
Further update upcoming
Thank You.
XAUUSD gold will grab bull liquidity!Xaausd (gold) made a trap as seen in my recent post and its back in the POINT of interest so I will be looking for shorts I think it will hit the breakeven from the shorts that got in early at the top its not much liquidity but its something and after that, it will make the move down, in the worst-case scenario we will get above the POI and then get down even harder so keep your eyes open on gold
GBPJPY Analysis
GBPJPY FORECASTING
Getting a buy off this, price is rejecting the counter trendline on a third touch. Projection to the trendline above current price level.
www.tradingview.com
Meanwhile, a confluence prints on the monthly with an inside bar rejection, will it print a fakeout? Or will the double top prevail in the long run?
Weekly looking ambiguous, will the bullish harami hold out?
Intraday longs can be taken at the break of our penant.