👑#BTC update:
Bullish TK cross. By itself it's not a big deal, but at least some cloud indicators are slowly turning bullish. Once the cloud's green, tenkan's above kijun, price is above cloud and lagging span is above price, all cloud indicators will be bullish, signifying trend reversal.
https://s3.tradingview.com/snapshots/f/fQG3ri1q.png
Bullish TK cross. By itself it's not a big deal, but at least some cloud indicators are slowly turning bullish. Once the cloud's green, tenkan's above kijun, price is above cloud and lagging span is above price, all cloud indicators will be bullish, signifying trend reversal.
https://s3.tradingview.com/snapshots/f/fQG3ri1q.png
👑#BTC update:
Cloud's edge resistance here. Be careful fellas. Closest support - $37700.
https://s3.tradingview.com/snapshots/d/DwhEPBkq.png
Cloud's edge resistance here. Be careful fellas. Closest support - $37700.
https://s3.tradingview.com/snapshots/d/DwhEPBkq.png
🔥New public call posted on Chart Kitchen.🔥
❗️📣 FTM/BTC 🔔❗️
Perfect kijun bounce. Already called on patrons 3 days ago, even better entry now.
❗️📣 FTM/BTC 🔔❗️
Perfect kijun bounce. Already called on patrons 3 days ago, even better entry now.
Entry: 5436https://s3.tradingview.com/snapshots/q/QiTVwUOa.png
SL: 5175
TP1: 6525
TP2: 6920
TP3: 7490
👑#BTC update:
There we go, what an absolutely obvious move. Everyone saw the cloud's top edge. Hope you took some profits at the cloud's top, now's the time to rebuy. Probably the most reasonable approach would be half here, half at kijun ($36100), if we get that. If we don't, just rebuy once it goes back into the cloud.
https://www.tradingview.com/x/pLoXLK4Z
There we go, what an absolutely obvious move. Everyone saw the cloud's top edge. Hope you took some profits at the cloud's top, now's the time to rebuy. Probably the most reasonable approach would be half here, half at kijun ($36100), if we get that. If we don't, just rebuy once it goes back into the cloud.
https://www.tradingview.com/x/pLoXLK4Z
TradingView
TradingView Chart
👑#BTC update:
Yesterday's rebuy worked great. Here's another short term resistance, but at this point the moves are getting too tiny to be worth trading. Just hold. Maybe take some off at $42500. The majority are still bearish, you could see how many piped up about this being a "bull trap" yesterday - their liquidations will be the fuel for this rally.
https://www.tradingview.com/x/jkUpOd6E/
Yesterday's rebuy worked great. Here's another short term resistance, but at this point the moves are getting too tiny to be worth trading. Just hold. Maybe take some off at $42500. The majority are still bearish, you could see how many piped up about this being a "bull trap" yesterday - their liquidations will be the fuel for this rally.
https://www.tradingview.com/x/jkUpOd6E/
TradingView
TradingView Chart
🔥New public call posted on Chart Kitchen.🔥
❗️📣 FTM/BTC 🔔❗️
Another try. Got wicked out on the previous one. Still the exact same setup, still a kijun bounce, nothing got invalidated. Moved TP1 down a bit too, because tenkan moved down.
❗️📣 FTM/BTC 🔔❗️
Another try. Got wicked out on the previous one. Still the exact same setup, still a kijun bounce, nothing got invalidated. Moved TP1 down a bit too, because tenkan moved down.
Entry: 5264https://s3.tradingview.com/snapshots/m/mibgbIIz.png
SL: 5080
TP1: 6450
TP2: 6920
TP3: 7460
👑#BTC update:
12% up today. Remember the influencers who kept doom posting and telling you to cash out at the exact bottom. Anyway, repeating once again, next resistance is at $42500. (daily kijun)
https://s3.tradingview.com/snapshots/8/8SqxtSPe.png
12% up today. Remember the influencers who kept doom posting and telling you to cash out at the exact bottom. Anyway, repeating once again, next resistance is at $42500. (daily kijun)
https://s3.tradingview.com/snapshots/8/8SqxtSPe.png
👑#BTC update:
Daily resistance is here. Be careful fellas, now's the time to take some profits, rebuy if it gets broken through.
https://s3.tradingview.com/snapshots/q/QAPYey77.png
Daily resistance is here. Be careful fellas, now's the time to take some profits, rebuy if it gets broken through.
https://s3.tradingview.com/snapshots/q/QAPYey77.png
Also, I don't think it'll retrace that much, but the daily support is currently at $38200 - buy there if you get the chance.
https://s3.tradingview.com/snapshots/0/0HikQl5t.png
https://s3.tradingview.com/snapshots/0/0HikQl5t.png
👑#BTC update:
Kijun + 50EMA got broken through quick - funding's still negative, people are still trying to short this. Lol. Next stop could be 200EMA at $46877, but as long as bears are trying to short rallies, this will continue. Max pain for everyone who missed the bottom. Max pain for everyone waiting for a dip to get in.
https://s3.tradingview.com/snapshots/d/D2TSUbKp.png
Kijun + 50EMA got broken through quick - funding's still negative, people are still trying to short this. Lol. Next stop could be 200EMA at $46877, but as long as bears are trying to short rallies, this will continue. Max pain for everyone who missed the bottom. Max pain for everyone waiting for a dip to get in.
https://s3.tradingview.com/snapshots/d/D2TSUbKp.png
As for a longer term view, we all know that the s2f and 4 year cycle models got broken this year. There's nothing much to base any predictions on, so this is just a guess of what might happen.
Tons of people were posting about multi-year bear market just a couple of weeks back - it's still a concept rooted in everyone's brain. Everyone still expects it to happen after a sharp downturn, just like the bulls always expect a new leg up after an ATH is broken through. Bitcoin loves defying expectations.
This isn't based on proper TA, it's too high timeframe and there's not enough touching points, but i'll still be taking profits at 70-72k, if we get that. Just in case.
https://s3.tradingview.com/snapshots/e/Ef2DIAvw.png
Tons of people were posting about multi-year bear market just a couple of weeks back - it's still a concept rooted in everyone's brain. Everyone still expects it to happen after a sharp downturn, just like the bulls always expect a new leg up after an ATH is broken through. Bitcoin loves defying expectations.
This isn't based on proper TA, it's too high timeframe and there's not enough touching points, but i'll still be taking profits at 70-72k, if we get that. Just in case.
https://s3.tradingview.com/snapshots/e/Ef2DIAvw.png
👑#BTC update:
Insane overreaction on alts, while BTC is just consolidating. Downtrend's broken already - it could touch tenkan at $39370 and still remain bullish. Remember, a successful e2e needs a bullish TK cross. Now it's the time for BTC to consolidate while tenkan crosses kijun.
https://s3.tradingview.com/snapshots/q/Qhtd5yPk.png
Insane overreaction on alts, while BTC is just consolidating. Downtrend's broken already - it could touch tenkan at $39370 and still remain bullish. Remember, a successful e2e needs a bullish TK cross. Now it's the time for BTC to consolidate while tenkan crosses kijun.
https://s3.tradingview.com/snapshots/q/Qhtd5yPk.png
👑#BTC update:
Daily kijun is holding, tenkan is moving up, and the bullish TK cross should happen in a couple of days. Seems like the bottom of the consolidation has been found already.
https://s3.tradingview.com/snapshots/h/HVEtg0dS.png
Daily kijun is holding, tenkan is moving up, and the bullish TK cross should happen in a couple of days. Seems like the bottom of the consolidation has been found already.
https://s3.tradingview.com/snapshots/h/HVEtg0dS.png
👑#BTC update:
Fears of war are pushing the stock market down. BTC (and whole of crypto by extension) remain risk-on assets - the correlation between stocks market and BTC is usually the highest in times of uncertainty. Hopefully the market comes to its senses tomorrow - people usually don't remain scared for long.
TA wise, BTC has entered 4h cloud. Cloud's bottom currently at $39370, although if BTC retains this level for next 16 hours, E2E will be completed without any further retrace. All depends on the momentum. If it stops now, bottom is likely here already. If it doesn't, $39370 is next.
As far as trading goes, if you got any spare cash, it's always good idea to have some buy orders on the cloud's edge. If you don't, no worries, just hold, HTF view has been bullish ever since feb 4th.
https://s3.tradingview.com/snapshots/d/DXfm8M7s.png
Fears of war are pushing the stock market down. BTC (and whole of crypto by extension) remain risk-on assets - the correlation between stocks market and BTC is usually the highest in times of uncertainty. Hopefully the market comes to its senses tomorrow - people usually don't remain scared for long.
TA wise, BTC has entered 4h cloud. Cloud's bottom currently at $39370, although if BTC retains this level for next 16 hours, E2E will be completed without any further retrace. All depends on the momentum. If it stops now, bottom is likely here already. If it doesn't, $39370 is next.
As far as trading goes, if you got any spare cash, it's always good idea to have some buy orders on the cloud's edge. If you don't, no worries, just hold, HTF view has been bullish ever since feb 4th.
https://s3.tradingview.com/snapshots/d/DXfm8M7s.png
👑#BTC update:
$39370 finally hit, hoping for a bounce around here. Let's see what happens.
https://s3.tradingview.com/snapshots/i/i9hMR6y9.png
$39370 finally hit, hoping for a bounce around here. Let's see what happens.
https://s3.tradingview.com/snapshots/i/i9hMR6y9.png
👑#BTC update:
Previous update was far too optimistic. Russia's attacking Ukraine, a war is starting. BTC weekly cloud's bottom at $34400.
https://s3.tradingview.com/snapshots/9/9geU4QSP.png
Previous update was far too optimistic. Russia's attacking Ukraine, a war is starting. BTC weekly cloud's bottom at $34400.
https://s3.tradingview.com/snapshots/9/9geU4QSP.png
👑#BTC update:
$34400 touched. Not expecting much, because the stock market's closed and there's most likely going to be a gap down.
Ignoring outside factors and looking at the chart alone, weekly support is around here.
Take a look at the assets uncorrelated to crypto - commodities such as wheat and soybeans are making all time highs, precious metals and oil are pumping at the moment.
https://s3.tradingview.com/snapshots/a/AQlmAJiz.png
$34400 touched. Not expecting much, because the stock market's closed and there's most likely going to be a gap down.
Ignoring outside factors and looking at the chart alone, weekly support is around here.
Take a look at the assets uncorrelated to crypto - commodities such as wheat and soybeans are making all time highs, precious metals and oil are pumping at the moment.
https://s3.tradingview.com/snapshots/a/AQlmAJiz.png
👑#BTC update:
$34400 support, as mentioned in the last 2 messages, worked absolutely perfectly. Congrats if you bought it. I didn't, expected a crash at the open, which did not happen. Stocks did gap down, but they're already recovering - the worst seems to be over. I think we're back, fellas. Personally still hedged with gold, but as long as weekly cloud's bottom holds, we should be good. Will close the hedge and buy back into cryptos if we get a higher high higher close daily candle tomorrow.
https://s3.tradingview.com/snapshots/l/lq7Wn5MC.png
$34400 support, as mentioned in the last 2 messages, worked absolutely perfectly. Congrats if you bought it. I didn't, expected a crash at the open, which did not happen. Stocks did gap down, but they're already recovering - the worst seems to be over. I think we're back, fellas. Personally still hedged with gold, but as long as weekly cloud's bottom holds, we should be good. Will close the hedge and buy back into cryptos if we get a higher high higher close daily candle tomorrow.
https://s3.tradingview.com/snapshots/l/lq7Wn5MC.png
👑#BTC update:
The first higher low is being formed, right after the first higher high. Still no bullish TK cross on the daily, but at this point it seems like it's only a matter of time. In my opinion, the trend has already reversed. BTC has bottomed out after the weekly cloud's bottom touch. If you're still in stables and wish to wait for "confirmation", a proper ichimoku based trade would be a bull TK cross followed with cloud entry - at this point that would be a daily close over $40800. Once that happens, the place to take profits at would be $51k.
https://s3.tradingview.com/snapshots/u/u8pzVEGq.png
The first higher low is being formed, right after the first higher high. Still no bullish TK cross on the daily, but at this point it seems like it's only a matter of time. In my opinion, the trend has already reversed. BTC has bottomed out after the weekly cloud's bottom touch. If you're still in stables and wish to wait for "confirmation", a proper ichimoku based trade would be a bull TK cross followed with cloud entry - at this point that would be a daily close over $40800. Once that happens, the place to take profits at would be $51k.
https://s3.tradingview.com/snapshots/u/u8pzVEGq.png
👑#BTC update:
That was pretty quick, right? Daily close inside cloud, edge to edge trade initiated. Wouldn't expect immediate continuation though, not until TK crosses bullish. TP at $51k, as mentioned in the post above.
https://s3.tradingview.com/snapshots/d/dOT3xn1P.png
That was pretty quick, right? Daily close inside cloud, edge to edge trade initiated. Wouldn't expect immediate continuation though, not until TK crosses bullish. TP at $51k, as mentioned in the post above.
https://s3.tradingview.com/snapshots/d/dOT3xn1P.png