BITCOIN PROBABLITYGood evening traders. Bitcoin looking to go long since there has been 2 breaches out of both of the bearish trends which is double confirmation for our entry on a smaller time frame... PREFERABLY on the 3 or 4 hour time frame.Longby Fx-pipsta1
Crypto isn't Dead You are just emotional POC volume build up as a base for the bottom to use as support for a proper relief rally Debt ceiling narrative is loading Cash is trash POC fight will continue Lower gap will probably be filled and we can attack the 27k gap next by bryptobro0
$BTC daily volume is good - Weekly great last week$BTC volume still coming in DAILY Not great BUT GOOD ENOUGH Last week #BTC volume was GOOD These are very viable bottoming signs Weekly RSI over 50 = GREAT #Bitcoin atm looks BETTER than it did in 2019, Letter A #cryptoby ROYAL_OAK_INC0
Bitcoin movement by waveform analysisPredict the movement of bitcoin with the help of the law of wave analysisby Ni89483
$BTC Monthly showing good signsPeople automatically assume OVERBOUGHT = stock done going up but this isn't always the case In BULL markets it's not bad Can stay overbought for long time $BTC finally has buy volume coming in LONG TERM TREND close #BTC weekly certainly shows better picture on volume #bitcoinby ROYAL_OAK_INC0
26k very soon, then what ?BTC finally made higher high and higher low, so some temporary low should be set. We get above strong resistance at 18k and price should inevitably go up to 26k, to grab some liquidity and rekt all short sellers. After we hit 25-26k, we should see stronger pull back to the downside. Not sure at all, if that low at 15k was the final low and btc will be in uptrend in the rest of 2023, we need more data to tell..by Paraman6662
$BTC & $ETH data shows good signsThis is a copy paste & apologize can't show all charts spoken about here See our profile for more info 1 $ETH RSI = 86 MUST USE $BTC #FUTURES as derivatives DICTATE price & NOT SPOT #BTC This = why most Influencers get calls wrong Truthfully, most don't have real chart skills Historically, RSI has been higher 5/21 top RSI is STRONG = good sign - 2 We surmised #crypto pump was incoming Call it experience Daily $ETH broke 2 resistance areas within week VERY GOOD, both with ease & okay volume WEEKLY RSI + trading⬆️both Moving avg = GOOD #ETH getting closer to light blue area This is #ethereum REAL TEST #Crypto - 3 $BTC won't be outdone by $ETH Also⬆️10% & broke resistance EASILY Volume on daily IS GOOD ALSO, like #ETH, #Bitcoin has GAP to fill Likely fill before BULL rally Don't think #BTC breaks LONG TERM DOWN TREND on 1st try, but who knows Have 2 say, FEELS lil different - 4 $BTC RSI is 90.6 #BTC hit this few times in 19 & 1x in 20 & 21 ALL TIMES, except 21, traded sideways after = #bitcoin CONSOLIDATION for NEXT PUMP 21 = SMALL pullback for more PUMP Slight exception 1st time in 19, begins bull *DIFFERENCE, we're in BEAR vs that was BULL mkt - 5 This #bitcoin & #Ethereum🧵can be MUCH LARGER but will only mentioned the important Weekly $BTC, see RSI? Only 1x closed🧵⬆️50 but NO FOLLOW THROUGH Currently HIGHEST in down trend! Like $ETH, don't think #BTC downtrend broken 1st try GAP on WEEKLY, will be attracted to it - Way tough to call #BTC bottom See current pinned post on $BTC bottoms Signs are coming in AGAIN It's also GREAT that #Bitcoin is "leading", ot the very least, NOT LAGGING $ETH & #altcoin Time will tell but this FEELS different than other 2 potential bottoms BE PATIENT by ROYAL_OAK_INC0
Big big CME gap to close Be careful, there’s a big 1500 CME gap to fill this week. If we drop down and fill it then start to climb again with in 3 days that’s good news! If we close and keep dropping it’s been a massive short squeeze by Oxfordblueuk0
BTC UpdateMade some money doing a BITO straddle overnight and I'm bullish on this garbage, but I just realized it hit overbought on the daily. It has gone waaaay overbought in the past, but chasing an overbought condition isn't my thing. Anyways, I think the bottom is in for now. The Fed won't do more than 0.25% hikes from here on out, and that won't tank cryptos. BTFD, lol. by hungry_hippoUpdated 117
More $BTC volume today is good, ending well for week!Today more $BTC volume than the recent normal Not heavy but good enough if it keeps up #BTC likely tests white trend line & sells off This will give time to accumulate if we've bottomed Is 3rd time the charm? Could be for #bitcoin! #cryptocurrency #cryptoby ROYAL_OAK_INC0
BTC1! 13 JAN 2023 (predictability) Its about to be the weekend and a holiday in the US. So the next few days may be weird. However, once things get back on track we will begin to see the patterns "lock in" again. Its getting close to previous supply zones and it does look like it hit a lot of selling. It makes logical sense that these volume spikes would occur this high. Why is that? Because the machine (the CO) buys low and sells high. The CO may not exit every position.. it could of course. But it could take its profit in a stair step patten like we clearly see here. Saturdays and Sundays can go flat since the machines are basically off and people like to get away from trading on the weekends (normal people). The weekends might be a good time to do backtest drills and paper trades versus stressing yourself out by using real cash. But thats obviously up to you. If you are trying to be an active trader in crypto and aren't just holding, I highly recommend the CME chart. It is extremely predictable and east to read one you understand the crests and troughs of the volume waves. Its actually surprisingly easy to spot in my opinion. As usual these are tentative target areas. Its been bullish so it may not need that big of a pull back. At a minimum I would not be looking for a long until the RSI is at least below the median line. I have marked off examples of why this is a very important thing to see. The RSI is very helpful in making sure you are in an optimal spot in teh greater trend. Backtest and you can master it quickly. Longby dee7184
How Beginner trader differ from Experienced trader!Experienced traders differ from beginner traders in several ways: Knowledge and Experience: Experienced traders have a deeper understanding of the markets and the various factors that can affect them. They have also been through a variety of market conditions and have a better sense of how to navigate them. Beginner traders, on the other hand, may not have the same level of knowledge or experience and may make more mistakes as a result. Risk Management: Experienced traders have a better understanding of risk management and are able to make more informed decisions about when to enter and exit trades. They also tend to have a more solid risk management plan in place. Beginner traders may be more likely to take unnecessary risks or make impulsive decisions. Emotional Control: Experienced traders have developed the ability to control their emotions and make more rational decisions. They are less likely to let fear or greed influence their trading decisions. Beginner traders may be more prone to making emotional decisions, which can lead to poor performance. Patience: Experienced traders have learned the value of patience and are willing to wait for the right opportunity to enter a trade. They also have the patience to wait for a trade to develop and are less likely to exit prematurely. Beginner traders may be more eager to enter the market and may not have the patience to wait for the right opportunity. Consistency: Experienced traders have a consistent approach to trading and tend to stick to their trading plan regardless of the market conditions. Beginner traders may be more prone to changing their approach based on short-term market movements. It's also important to note that, trading is a continuous learning process and even experienced traders continue to learn and adapt to the market. by Patrickthe_trader0
BTC1! 13 JAN 2023 (look for the composite operator)Still looks there is some left in this trend but its starting to enter areas where there are going to be more and more sell orders. It would be suicidal for your money to enter here. Although there is always the potential for it to run, the probability of that happening decreases this high in the trend.. so you have to manage the risk accordingly. Price ALWAYS comes down... Price ALWAYS goes up... There is no rush. If you rush, you may win. But it will only be a matter of time before you walk into a CO;s trap and lose your gains. Its designed that way. The market is designed for us to lose because it knows how humans behave. Fear and greed are humanities two most powerful emotions and money is the food that fuels both. Money equals freedom, resources. If you have money you can eat and feed your family (money replaces us having to farm and hunt for ourselves). You have warmth (instead of building a fire, we have a home/roof). Money provides us energy (electricity, fuel for our vehicles). Money increases our mating value (instead of using a club or violence to procreate). My point is that the market targets our most primal instincts. We must become the hunter and the patient warrior that can lay in wait for our animal to cross our path. If you do not wait, you become the hunted and become what feeds the market. The market is here to win. It is a trillion dollar per year machine. It is the heartbeat of all society. The chart is the EKG that shows us its heartbeat. The market has the most state of the art computers and algorithms. It hires the most highly educated. The humans that work in combination with the AI are highly trained and very professional. They get paid extremely high salaries... Millions of dollars per year. They are not here to be our friend and they are surely not here to lose. The only possibly way to win is to become one of them. You must become the composite operator. In order to work towards this goal is to train/backtest. Educational material that I think is most valuable: Wyckoff Schematics (duckduckgo this. Do not pay anyone for training. 99% or more can't explain it). Tom Williams Volume Spread Analysis (His book Mater the markets is very important, arguably the best manual on technical analysis) Pete Faders VSA (the best free videos on volume on the internet) MENT FX is okay for price action stuff Bitcoin trading challenge is good if you are more tech minded. His early material is the best (4-5 years ago) in my opinion. Longby dee718118
Is $BTC Bitcoin FINALLY bottoming?SORRY, have to squeeze all this into 1 chart! Copy paste 1 $BTC bottoming? We ALWAYS make a stink about VOLUME Yesterday #BTC looked GREAT! However, compared to other days = GOOD STILL, this is what we need 2c for about a month Doesn't need 2b all heavy days Little selling even if there's pullback, likely here - (See link below to get idea of 1st post > Did not post link here, sorry, can't) Currently $BTC overbought & @ trend resistance Volume seems 2b okay today so far #BTC weekly @ GREEN 20 Exponential Moving avg Volume decent for week RSI is GOOD: Broke downtrend Above 50 Positive divergence - 3 Monthly $BTC @ last 2 bottoms Look @ A & B closely SOME signs but VOLUME SEVERELY lacks It's OK, we've @ least 1 more month for it Do need more for Jan though #BTC optimal = 13k BUT we could START here Issue, influencers already hyping NOT GOOD, they're clueless #cryptoby ROYAL_OAK_INC0
Bitcoin Long inside bar breakoutif price goes to 19560 that would be a 15R trade with only 1700$ risk a 26650$ gain 2nd strategy is scalping 3 hour after us market opens and exit when US stock market closesLongby responsibletrad8r0
$BTC volume coming inLOOK @ VOLUME $BTC started pumping out of nowhere Some is shorts but not all This is helping weekly #BTC look better #bitcoin #cryptoby ROYAL_OAK_INC0