Giá xuống

Bitcoin to $3000 in the next few hours

Cập nhật

Possible scenario in the next coming hours, if you are looking for an entry position don't be greedy. If you are chasing lower targets at least spread your entries in quarters. Good Luck :) This is educational only, I'm not an expert at all.

Ghi chú

I recently saw an idea that suggested a bounce to 4400-4600 range but I thought the arching resistance was too strong so I took a short position at 4015 based on this fractal, let see how this plays out. Also we could potentially be forming a H&S with the left shoulder and head already formed so target for now is $3600.

Ghi chú

BTW I would appreciate some likes :) For once that I have a potential working idea! XD

Ghi chú

I'm hoping for this atm, a nice H&S that will create the panic selling

Ghi chú

The neckline could actually be less inclined so the bear flag target of 3725 reaches the neckline but these are way too low timeframes so I expect more noise. At least I can go to sleep and know I won't miss the bottom at this rate :)

Ghi chú

I meant $3550, that is how tired I am!

Ghi chú

We got our bounce at $3550 so watch out this could be the bull trap!

Ghi chú

careful here opening longs! the massacre could start soon!

Ghi chú

I think this could be a combination of a head and shoulders as well as a bear flag just to make things clear we are going down. We might see a bit of more up movement to get more bulls trapped here. Will see :)

Ghi chú

A small bounce up after this to extend the sideways movement to make a nice right shoulder

Ghi chú

so far so good, there is a lot of resistance above the top right shoulder. Now the question is will it break the neckline to the downside...

Ghi chú

So it seems like the fractal is bigger than what I thought it would be. We are currently in a rising wedge in the 15mins timeframe which could be a bear flag, if we break lower the target could reach the neckline of the H&S.

Ghi chú

Something should be happening soon...

I obviously have a bearish bias on this.

Ghi chú

Well that V shape idea should have been paste the other way around! I re entered my position where I exited so no loss but it is quite frustrating how sometimes TA seems to give wrong signals, there was a perfect textbook inverse cup and handle and yet the price went the other way. Nice to see the price recover for now.

Ghi chú

Just food for thought

Ghi chú

Bullish Divergence on 8h RSI and a potential iH&S with target $4750
Did one long entry at $3500 and planning to exit at $4500
Let see how this plays out :)

Ghi chú

more conservative target $3850 to the top of the channel

Ghi chú

Nope that was a fail, exited my long without a loss. Looking at the break of this trend line before making any long entries.

Ghi chú

Bear flag?

Poukitoun

Thông báo miễn trừ trách nhiệm

Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.