Bitcoin inside flags [BTC]
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Hello everyone, I hope you are having an amazing day.
I'm here again today with another TA on BTCUSD
This idea is based of the last update I shared on my last BTCUSD idea (link will be at the bottom if you want to read it)[/I]
First of all I must say that this are only patterns, there's always the chance they fail, IF so, I'll be the first one to admit I was wrong, remember guys, learn with your mistakes!
Let's keep it simple, I see Bull Flags, and on the right side of the main Bull Flag (Blue) there is a possible Inverted Head and Shoulders and to make it even better inside the Right Shoulder there is another Bull Flag (Yellow) here take a closer look:
Targets you may ask? This all looks good we can see that our main bull flag (blue) has a 'huge' pole! So the main target for this could be the old double top resistance at 11.6k that's also a really important level for us!
Remember that along that way to the 11.6k are more resistances like the 9.4k.
I'll make sure to keep you updated the best I can!
This is one of many ideas I've made, you can check my other older Ideas just open my profile and see! I'll also leave my latest TA on DOGEBTC for you to read ;)
DISCLAIMER:
This is my own personal opinion! Don't take what I say for granted, this is NOT financial advice. Don't spend what you can't afford to lose, and remember, patience is a key on this Crypto Market! Hold is life!
Trade safe and have a nice day!
I'm here again today with another TA on BTCUSD
This idea is based of the last update I shared on my last BTCUSD idea (link will be at the bottom if you want to read it)[/I]
First of all I must say that this are only patterns, there's always the chance they fail, IF so, I'll be the first one to admit I was wrong, remember guys, learn with your mistakes!
Let's keep it simple, I see Bull Flags, and on the right side of the main Bull Flag (Blue) there is a possible Inverted Head and Shoulders and to make it even better inside the Right Shoulder there is another Bull Flag (Yellow) here take a closer look:
Targets you may ask? This all looks good we can see that our main bull flag (blue) has a 'huge' pole! So the main target for this could be the old double top resistance at 11.6k that's also a really important level for us!
Remember that along that way to the 11.6k are more resistances like the 9.4k.
I'll make sure to keep you updated the best I can!
This is one of many ideas I've made, you can check my other older Ideas just open my profile and see! I'll also leave my latest TA on DOGEBTC for you to read ;)
DISCLAIMER:
This is my own personal opinion! Don't take what I say for granted, this is NOT financial advice. Don't spend what you can't afford to lose, and remember, patience is a key on this Crypto Market! Hold is life!
Trade safe and have a nice day!
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Let’s talk indicators now, MACD 4H MACD 1D
Ichimoku 4H
Ichimoku 1D
Trade safe!
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My Ichimoku settings are 20,60,120,30 because crypto market is 24/7Nota
9k is an Important level!Also I'll say this again: I must say that this are only patterns, there's always the chance they fail, IF so, I'll be the first one to admit I was wrong, remember guys, learn with your mistakes!
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I pointed out that 4H tenkan on an update (blue line) is acting as supportWe should hold there!
MA50 (yellow) is between the 8.5k and 8.2k supports, the MA is also a support.
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For validation the 4H candle must close above it, 2:25h left.Nota
As ‘sad’ as it can be, I have to take this scenario into consideration, Ordine annullato
This scenario is in action for now.
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I'll re open this trade (the main one at the top of the page) after I feel confident, so for now I'll stop with the updates!Nota
Hey guys, I wanted to share this (nothing conclusive, but it’s interesting) Trade attivo
This is the scenario we are looking at for now, I'll not make a new Idea just because my main prediction failed, it happens.. And I know I was wrong because I missed the bigger picture, our 'main' bull flag should be active after this 8k zone bounce (in green) It's just frustrating how bitcoin can't get passed 9k...
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We are there
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Looks like it wasn't the end, more to come.Expecting 7.6k
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Bullish action as we speak.This looks possible but it's a risky call!
Wait for a breakout (8.2k)
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Top of the wedge was touched, once again wait for the 8.2k breakout!Nota
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Failed to get support, made it's way back to the wedge middle line
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Middle line will you be my support?
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Made it’s way to the bottom of the wedge Nota
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I changed my wedge to a ‘newer’ one Nota
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Newer data so I adjusted the wedge lines, this is bad for btc....
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:)
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Gravity is doing it’s thing on Bitcoin. Next stop 6.3k :) which is the non-log downtrend Nota
If we zoom in on the daily chart we see 50MA (yellow) is facing downwards to the 200MA (red) that would make a golden bearish cross… very bad for us.. Nota
To clear the chart I’ve removed all the S/R lines that are above the price, this are the ones we are looking at: Nota
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Hello everyone thought I'd leave my opinion on bounce levels for BTCUSD <deleted> (click it)
Reading it all and dropping a like would be great!
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![Bitcoin and the Bear, a Love story! [BTC]](https://s3.tradingview.com/s/St1sI4pr_mid.png)
Here's the link (last one had a mistake it's now fixed)
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