Bearish XBTUSD case
ATM for the short term everything looks ready for the $10.480 Only closing next 2 candles above 11450 in the 4H chart we can think about the bullish panorama.
Quite Price Action atm.
Large update incoming tomorrow, for now, keep the eyes on a huge bearish move if we can't close above the levels of 11.450.
XBTUSD 4H chart
Hey Altsignals members
Fast update to complements our last update.
After our 11450 target we get back to the past level, so that was just a bear trap and re-test of the 0.236 Fibonacci (Totally expected)
Now on the 4H chart things looks quite bullish again. Hidden bullish RSI divergence and strong bullish indicators as macd, ishi, tenkan and also volume.
Another test into the fibonacci level can happen, so, build the long position carefully using 11325 as invalidation level to flip to short!
Happy trading fellas! -sensei
BTCUSD 3D
Good morning guys
Bitcoin took back the crown and sat on the throne.
I would like to talk a little about the set of events that have been unleashed in recent months.
In previous reviews I discussed at length what halving is and what it brings with it, we talked about the pre halving setbacks that always happen in bitcoin based on fundamentals, in addition to historical PA.
Without a doubt, the market has been different since 2017. The P.A is directly manipulated by the settlements of the different platforms that offer leverage.
In my extensive analysis of halving (published in November 2019) I defined halving as a key point to start the bull markets in bitcoin. Composed of cycles that lead the market to excel.
Based on the price history, always after having an ATH we get a pre-halving high (Currently $ 13,175) which has been a historical bear trap. Reviewing the behavior of bitcoin since 2011.
Following the pre-halving high we obtain quite significant retracements in the price, called pre-halving retracements. Ours happened on March 16, 2020, leading us to 3,600 in a sharp fall. Followed by our beloved halving that happened in the mid-8500s just over 30 days later.
After that, as we explained in our analysis of the halving in 2019. On June 1 we had our first strong bullish impulse, and after the retrace we came in a strong uptrend worth noting.
Aiming for a new ATH and completion of the current bitcoin cycle November 2021.
We are currently resting on the support of 11600 (where there was a CME GAP that was missing to fill in, it is worth noting) In the 4-hour chart we have hidden bullish divergences, in addition to the EMA20 supporting us and a few bullish indicators. But at this point I think the most important thing to study is the volume, the technical indicators are not very helpful in these P.A. However I think we can get more out of bullish positions.
Swimming into the highlighted channel to create a bit of consolidation doesn't seem like a crazy idea to me. Going down a little to 11450. However it will not happen if we manage to hold the price at the current point of 11600, this would lead us to 12300 and 13000.
From the bearish side 11400 and 10400 look good as targets, just in case we don't hold up.
Pay attention to this moment, we could get a winning position, holding or dropping the current point (If we are looking for a short term trade)
SHORT in, PROFITS raining
Overall situation is the same, PA still becoming bearish hit our TP1 (9200)
Stick to the plan 🤩
Going moon 🌚 stop at entry now, it’s not a safe place to hold if we go back down we can get a better entry
Читать полностью…Dear Bitcoin
Attention, the world is crazy and this is important.
I hope everyone is very well, again I greet you with much affection and I hope you are safe and having a good time.
Without more, here we go
Bitcoin has been giving us gifts with clean movements at a technical level, as you know and can see, the price has danced in the most beautiful way within our technical predictions.
Despite the fact that the volume has been really bullish, in the 4H chart we have had 3 hidden bullish divergences in the past 3 days and the price has remained like a warrior. For me, this is still suspicious and important, since right here, really interesting things could happen.1- (It is probable) - Continue as we are, with bullish responses, it would lead us to test 9800, a level that I have been asking for for some time, without too many obstacles to overcome, it would be an easy objective, we must remember that right there, we have several levels of major resistance. 3, to be exact, our historical regular resistance (9780), the parallel resistance channel (9850) and the red line (9745). For this scenario to happen we must not break below 9480, if and only if we manage to hold the price above this level, we must take bullish positions with a target close to 9800. Taking positions with stop loss below this level is also a good choice with great R: R ratio.
Overall situation its still the same.
Price below EMA200, not supporting our bounce level and so far with hidden bearish divergence in the 4H chart,
ATM, looks like more crash will come!
Only if we start closing candles above 8800 we can consider a bullish recover
https://www.tradingview.com/x/MVG20VNR/
9400 Perfectly tested as we said in the last update ❤️
https://www.tradingview.com/x/FpbYb3za/
BTCUSD 4H
Short Squeeze into $11.000 and price back up! that's why update stop loss is always important!
Support Key Level: $11.423
Resistance Key Level: $11.625
After that levels we can expect high volatile markets or if we sustain, bounce 😜
Bitcoin halving and market cycles. Pre-halving ATH, pre-halving retracements, post halving ATH, repeat! ;)
Mark my words @RcryptoSensei
9200 Hits and moon!
Case 1 become true.
After hit some times our red line, price comes down and hit TP1 (Where we recommend to move our SL to 9250 for who want to hold our short, or just flip to long at 9200)
Now we need to sustain above $9400 if we cant handle it, our target is $9320 (Could be a fast scalp or another long entry)
Next target (Only if we hold the price) is $9800
Happy trading boys!👻
XBTUSD UPDATE
Hey members, has been a while since the last xbtusd update.
However, the last one was a perfect prediction about the markets, actually being supported for our $9027 support (Blue line in our chart)
These days help us to create strong supports between that critical level.
We need to continue supporting it and closing candles above the red line which comes from the 2017 highs actually acting as resistance in our 4H chart for a bullish continuation.
BTW, indicators are slowly becoming bearish and neutral, with less bullish options In the PA.
Only closing 4H candles above $9400 we can think about a bullish breakout above 10K.
The most likely scenario is to have a red line retest with a bearish reaction which might bring us again to $9200. In this point we can try to
1-Enter a bullish position with tight stop loss below $9170 (Risky)
2-Update our short stop loss above $9250, continue our trade below $9200 trying to ahead a $9027 as target.
At $9027 level, this one is a key level to have in mind, because its the most probable to get a bullish reaction, so, bullish positions in this point have more chances than above $9200.
If we fail our bullish entry at $9027, we can flip to short for a short squeeze chance!
We are in a consolidation PA, can be boring but safer than volatiles PA (Bullish or Bearish) so, don't rush your entries and exits, trade smart and happy 😋🥇
XBTUSD
Good morning members
From our previous analysis, Case 1 met our expectations, going above and beyond testing 10470. Then, almost immediately, falling towards our bearish targets. A really aggressive movement with great manipulation.
Now things have turned, positive at least. We are starting to build support on the red line, which if we maintain it will take us above 9780 and if we sustain that level we will be ready to navigate through the 10000 and later try to resume those levels and not fall.
For now, the position that I see safe, in case of not holding 9700. It is a small short, towards 9420, well leveraged will give us very good results (Based on our red line)
Also, it's Monday, a normally bearish day for bitcoin.
9627 is the most important point. If we do not hold the point, we will have bearish positions, if the reaction is bullish, we take our bullish positions.
XRPUSD Looking good.
To take into account this main currency, which is highly volatile and can always give us impressive rewards.
Above .2070 I think we will have good volatility with targets at .2200.
Trying to create bullish divergences, although within a bearish pattern. This move will depend on the movements of bitcoin. However, the result will be juicy when we break out of the pattern, taking .2020 as a bearish break point and .2070 as a bullish breakout.
At the bearish level, the targets are .1920 and .1880.
Hello guys, important moment for bitcoin right here
Testing the parallel resistance zone, if we maintain the current bullish volume we can safely go to 9800. Where we would have the next resistance zone before flying to the moon.
Be very careful with this zone of 9500-70, since it could be a fakeout and go again to the low levels.
There are no divergences in 4H, 30min or 1H.
And holding us above major EMA levels.
The safest thing is that we lose momentum and return to 9100
https://www.tradingview.com/x/0cLilIn4/
This is how our basic level looks, with secret tips, and all what you need to start in the world of trading 📟👨🏻 Each capitule is fully of useful information ℹ️ This bomb will be release in few weeks, stay tuned Altsignals 🥶
Читать полностью…Again into our channel, stay tuned if we close again above 9420! Read our full TA.
Wonderful chances here in both sides!
https://www.tradingview.com/x/Xo8pK26i/
Perfect
Our TA its going right, little update.
We need to close above 9750 on the 4H chart for a bullish continuation and another test into 9970.
ATM, Hidden Bearish Divergence on the 4H and still below the level to watch. Imo, if we don't close above 9750 we will retest 9400 again.