BTC - Money on the siding !!

업데이트됨

Hello trader,
good mood and profitable deals 💲

If you're new in the game,and you are interested in my plan🗺️, check out my previous analysis ( link below ) :

BTC welcome to a boring,tricky...
BTC fractal analysis! bigger correction is comming ?
BTC Crypto Hype III - The top is set -618 play !!
BTC 2017718 fractal- - We'll be waiting longer for new ATH !!

BTC- His intrinsic value, which is why i will not invest IMO, only swings and daytrading !!

By pushing ahead with digitization, BTC emerged as the winner of the pandemic, smart money came in and Elon Musk put an institutional cap on it. ETFs, futures and much more was established. The promise of quick money and the desire for wealth sounds like that so far, very good, we have seen what has become of it over the past few weeks.
Or do you still believe that BTC will reach new ATH in the near future?
I don't think so. Due to the economic recovery in the USA, the risk-free return has risen and is expected to continue to rise in the future, a gift for all speculative asset classes. Then there is inflation, also very bad for all asset classes with low cash flow, auser gold.gold has proven itself to be a safe haven for decades. BTC has not lived up to its reputation as digital gold, far too volatile! while BTC OI fell sharply, the gold OI rose sharply, so smart money is changing its playing field from BTC to gold ... These are all the reasons why I assume that we will wait a long time for new ATh s ... I hope i'm wrong what do you think ??
(Information on the part of formationstrader)

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bad looking monthly and weekly candle, bulls don't have much time

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From a MA perspective:
IMO we are supported by 1D MA 300, 1D MA200 is resistant.
In a few days BTC draws a D MA20 / 200 death cross, most of them there is a recovery afterwards before we fall hard again, probably to 1W MA50

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From a EW and FIB perspective

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Regarding the main diagram, the blue arrows would be a failure of a decent ABS correction, as happened in 2018 (blue circle)

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I would like to mention that all I post are just options and my own opinion !
Always trade with SL, and do not risk more than 1% of your portfolio (max 3%) per trade.
Discipline is the key to success !
Trade setups, no opinions !

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falling wedge idea on LTf is failed

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I suspect that smart money uses the low volume on weekends to push the price down and scare off small investors to rebuild BTC at the beginning of the week. It would be the second or third time in a row now .

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EW FIBONACCI Ratios, FIB Retracement and Extension application !

New education post

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The selling pressure flattened and BTC was able to form a falling wedge. Indicators up to h3 show bullish divergence. Nevertheless, caution is required, the last 2 reversal chart patterns in 15 m chart and divergences also failed. If I had to guess I would say we go now 24-hour sideway nights until we try to get up again. We'll see that my long call from my previous vet is definitely still in the game, we just weren't stopped

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ETH / USD long is also still in the game

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Triangle has formed, BTC starts to go up, 1D MA200 is waiting at 40.5k, act as strong resistance and is my first target, if we can break the MA my final target is 45 k.

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As already mentioned, we are in the 4th wave of corrections of the entire downward movement. These corrections are very tricky and can take weeks - months. At the moment it would be a good sign for the bulls to close the 1D candle above the pitchfork medium line

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I closed my LONG breakeven

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bad looking weekly and monthly candle

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sorry, have to correct me, weekly candle formed as a doji indicates recovery

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Daytrade Long
Trigger: iv H&S breakout- bullback
SL : under 0,618
Target: triangle resistance

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set the stop on breakeven

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i closed my long with a small profit

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We had a nice move the last 24 hours,as expectet and we colsed daily above the pitchfork midiumline,but it looks like we lost the power .i think we are forming a H&S in LTF(H+S not confirmet) 36-35-34-33k is support....I think the big triangle is real.Not a good sign for bulls

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Daytrade Short
Trigger: H&S breakout-bullback
SL: above right shoulder
Target: pitchfork mediumline resistance = H&S 1to1