TR7z

BTC - How strong are crypto bulls really?

TR7z 업데이트됨   
GEMINI:BTCUSD   비트코인
Hello trader,
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If you're new in the game,and you are interested in my plan🗺️, check out my previous analysis ( link below ) :

BTC-Money on the siding!
BTC welcome to a boring,tricky...
BTC Crypto Hype III - The top is set -618 play !!
Education
Elliott Wave Ratios
Trading psycology

After a panic sell-off, in which all investors with weak nerves threw their shares on the market, a small offer is enough to make prices rise.
It is enough if there are virtually no salespeople left.
This is usually followed by a sharp rise in the price with an extremely thin trading volume.
Because there are only a few buyers because all market participants are simply afraid. In this case, the lack of new sales is practically enough for prices to rise again.

At the moment we are at the top of the triangle, where the 1D MA20 is also. Usually the MA20 is a strong resistance after such a strong sell-off.
Although the triangle is a bearish pattern, I think we are ready to break it.
We can also see that most market participants have closed their shorts and switched to long positions.
So the first step for the bulls is to break the 38.8K. 40-42k and 1D MA200 is the next strong resistance.
Bears should take over again at the latest from 45-47k.
30-27K is a good level to look for a LONG entry in my opinion.



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코멘트:
4h Chart
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15m Chart
코멘트:
H&S has formed in 15m chart,the right shoulder is to high,but it could still play out.We can also see bearish RSI divergence in 15m and 30m chart.H&S target is at 37600
코멘트:
코멘트:
코멘트:
The air is outside, can't get away from the triangle, I expect a fakeout a lot, I will take the SHORT for the next little rest.
코멘트:
After the rally of 33-39.5k, the bulls failed as expected on the 1D MA20 and pushed the price back into the 36k region, where we find IMO support and are currently fighting with the 4h MA 50. An important battle for the bulls to avoid further declines to 33k. Further resistance at 37 and 38k, a break of 38 K would make me bullish again in the short term, but assume that we will see further declines after a short recovery.
코멘트:
코멘트:
2 possible EW - counst ,from many
코멘트:
pitchfork play
코멘트:
close my SHORT-go LONG
코멘트:
In my opinion, bulls don't have much time left to prevent this 2018 fractal; guess 2-3 days
코멘트:
I took a closer look at the 2018 fractal, the movements look more bullish than 2018, MACD and Stoch also a bit. 4h RSI plays out the same
코멘트:
What speaks for north:

3 series of HLs- at break of 38k

EW-Count bullish

0.382 retracement of wave 4 has not yet been reached - highest probability target for wave 4

Weekly theory : I noticed that the big guys skipped the last 2 weekends to scare off the retail trade and then go back upstairs on Monday. Maybe this time it will happen.

Triangle Version 2 (version 1 looks better

BTC sentiment = 17 extreme fear,i use it as Counterindicator

BTC.D Fractal shows north direction
코멘트:
What speaks for direction south:

Triangle fakeout

EW-count bearish

Fractal 2018
코멘트:
possible ivH&S in falling wedge
코멘트:
Interresting fear ang greed indicator
코멘트:
Trend-momentum-volume overview in the h4
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and h1
코멘트:
ETH/USD Long from my last post is still in play
코멘트:
My thoughts on the intrinsic value of BTC
코멘트:
I continue to expect fakeouts on both sides, and we may stay in the 30-42k range for a longer period of time ,if you are interrestet,read more
코멘트:
Weekendtheory
코멘트:
Tower Button Reversalepattern
코멘트:
iv H&S breakout in falling wedge. H&S target is 37.8. Falling wedge target is 38.4k and would be an HH in LTF. It is important that buyers come in at these levels.
As assumed, as soon as it is over we go back upstairs
코멘트:
sorry,target is 40k
코멘트:
Weekendtheory quiz
코멘트:
falling wedge retest

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