WHAT TO DO WITH SHORT TERM POSITION ON BTC🤔

Just sold most part of my short term position on BTC💰

On 1-hour timeframe we can now observe rising wedge🤷

KEY TAKEAWAYS
🔸The rising wedge is a technical chart pattern used to identify possible trend reversals.
🔸The pattern appears as an upward-sloping price chart featuring two converging trendlines.
🔸It is usually accompanied by decreasing trading volume.
🔸Wedges can either form in the rising or falling direction.
🔸A rising wedge is often considered a bearish chart pattern that indicates a potential breakout to the downside.

#btc #bitcoin #write2earn #signaladvisor

HUGE DUMP😧😧😧

What do we have here?! Don’t tell me that you weren’t warned😏

Bitcoin started this downward trend last week and continues to fall this Monday.

The worst scenario played and now we can only wait for confirmation of reversal🤷

I booked most part of my profit above $63k. However, I still hold some and now waiting to re-enter the market.

I believe now we can trade at these levels for about a month, because it was really huge dump and now it’s time for accumulation 😎

Don’t rush and patiently wait for your opportunity to buy the dip.

I hope you all safe with your trades 🙏🏻

#btc #bitcoin #BuytheDips

HAVE YOU BOOKED PROFIT WITH ME?!💰

Guys you were warned about this move right before the dump🤷

Unfortunately, it was second key scenario🥲

But I hope you are all safe, because I have warned you🤝🏼

On top of that, we can now check monthly price increase statistics 😎

Bitcoin ended July with a 3.09% price increase, compared to the historical average monthly return of 8.26% for July.

Next two months are historically not so strong and we should not expect huge increase in price of bitcoin.

However, I wouldn’t say that it’s not possible, because we have lots of different positive news in crypto world.

So we are now sitting at the middle of the channel and I believe it is perfect time to turn around 😏

What are your thoughts on that???

Please share in the comments below 👇🏻

#BTC☀ #TradingShot #Bitcoin❗

69K DONE ✅

What’s next for bitcoin?!

As it was expected we have reached target level at $69k for bitcoin and now it’s time to look on the chart more closely 🤔

Let’s discuss two possible key scenarios:

🔺 Channel breakout and huge uptrend impulse up to the $75k and then to $80k 📈

🔻 Fail to breakout and correction up to the middle of the channel which is at around $63k now 📉

I hope we will see first scenario, but you should be prepared for the second one as well😎

What do you guys expecting from bitcoin???

Share your thoughts in the comments below 👇🏻

#BTC☀ #Bitcoin_Coneference_2024 #TradingShot

$69K ON THE HORIZON😎

Elon Musk turns on the laser eye mode and saves $BTC from correction after Biden withdrew from the presidential race, which spoiled Trump’s chances of winning. It was not yet clear whether it was a political action or the announcement of his participation in a bitcoin conference in Nashville together with Donald 🕑

Based on this positive news, BTC exceeded $68k, after what it returned to the original range. At 1H timeframe, we see readiness for local correction. So we need to stay focused 😏

I have started to book short term positions on bitcoin and will continue on its way up💰

You can try to re-enter at $62k if you missed this trade. We may go to the middle of the channel before continuation of uptrend 🤷

Stay safe and trade wisely🤝🏼

#BTC☀ #Bitcoin❗ #TraderAlert

SECOND KEY SCENARIO😎

Now we can see exactly what was expected for this month. Haven’t I told you guys?!🫵🏼

Bitcoin performs very well. Hit the second buy target and reverted back to an uptrend🤝🏼

Even MtGox, Germany selling bitcoin and other negative news couldn’t stop it😏

The ultimate goal of this move lies at around $59k. So let’s trade accordingly🤷

Have you traded this move??? Tell me in the comments below guys 👇🏻

#BTC☀ #Mt_Gox_BTC_Dip #BinanceTurns7

SAME OLD DUMP😎

As I mentioned earlier we have been through corrections like this before many times 🤷

As you can see on the chart bitcoin could dump up to -38% even on a bull market. Now we have approximately -27% in bitcoin price😏

What does it mean for us?! We are almost done with that and ready to revert back📈

What are your thoughts on that? Do you hold any altcoins?

#BTC☀ #MtGoxJulyRepayments #tradesafely

ALL EYES ON JULY 👀

Hello everyone. Our downtrend still not over yet. We can see continuation of FUD in media🤷

But let’s look on the chart and stats😎

🔸Well now we can confirm bullish divergence on a daily timeframe 📈

🔸Moreover, bitcoin is ready to reverse due to huge oversold and decreasing volumes. Impulse incoming 🔜

🔸Last but not least, according to statistics bitcoin always showed green candles in July when June was red 😏

Based on that, I am expecting reverse in price of bitcoin and uptrend.

What do you guys think of that? Share your vision in the comments below 👇🏻

#BTC #TraderAlert #btcupdates2024

🚨🚨FUD FUD FUD🚨🚨

Nowadays FUD about bitcoin and crypto is everywhere and this is the perfect sign that we have reached the deepest point during this downtrend🤷

As I mentioned in my previous post Bitcoin could go up to the levels at around ~$56k and we were close enough to this point✅

Now as it is hugely oversold we can expect some reverse movement and possibly continuation of uptrend 🆙

Let’s look what happens next😎

#BTC #Uptrend #ETHETFS

THE LONGEST CONSOLIDATION👀

Hey guys👋🏻 Let’s look from a higher perspective on Bitcoin chart😎

It took more than 90 days for current consolidation which is the longest consolidation to date on bitcoin🤫

Traders believe that such accumulation guarantees a huge growth in the future😮

More interesting what do you guys think will happen with bitcoin price after this accumulation phase?!

Share your thoughts in the comments below👇🏻

#BTC☀ #LongTermAnalysis #BTC2024

Bitcoin couldn’t make it 😭

Guys I have already told you that bitcoin should pass the resistance level at around top of the channel.

However, buyers couldn’t manage to pass this levels🤷

Based on that we should expect some decrease in bitcoin price up to the levels of mid of the channel (~$63000) or even to it’s bottom levels (~$56000)📉

Correction could possibly continue to the middle of the June. Approximately at the end of the June we may expect another uptrend and another try to break the resistance at top of the channel.

What do you expect from bitcoin these days? Kindly share your thoughts in the comments below 👇🏻

#BTC☀ #SHORT📉 #BTC #bitcoin

BNB is skyrocketing 🚀

What have I told you?!

Congratulations to all who have listened to me and opened long positions in $BNB 🤝🏼

We are now sitting at +16% profit from our initial price😎

I have drawn target levels on the chart. Of course I will start to book my profit earlier, but overall target for this breakout is lying above $770 📈

Do your own research and don’t forget to book profit 💰

#BNB #Write2Earn #longpositions

HUGE ASCENDING TRIANGLE🤔

Am I the only one who can see this huge bullish pattern on $BNB ?!😏

🔸On a daily timeframe we can now observe ascending triangle that has started to form in March 2024. It took almost three months to create this pattern 😎

🔸Now as volumes drops and RSI is at around 60 we can expect breakout and continuation of uptrend 📈

🔸Please have a look at the second picture. You can find some interesting and useful chart patterns there🤓

DYOR and trade wisely🤝🏼

#BNB #Write2Earn #longpositions

WHALES ARE ACCUMULATING 🐋

According to Glassnode data and charts we can observe that for the past 72 hours large wallets purchased more than 700 million DOGE for $112 million.

The number of Ethereum wallets with a balance of more than 10,000 ETH is also increasing rapidly😎

What does that mean guys?! They know something interesting about ETFs approval???🤔

Share your thoughts in the comments below 👇🏻

#ETH #ETFEthereum #doge⚡

What have I told you?!😎

$71k done and we are ready to book profit 💰

Congratulations to all who have listened to my advice. Now it’s time to book some profit because we are sitting at resistance level and already have +12%😏

Soon the SEC decision on spot ETH ETFs 👀

23 May — VanEck
24 May — Ark Invest/21Shares
9 August — BlackRock

Maybe we will not have approvals in May, but let’s see 🤔

If we have approval in May, then we will have huge bull run on altcoins🚨

Let’s now just wait 🍿 and book what we have already earned💰

#Write2Earn #BTC #ETHETFS

Bitcoin ready to rock?!

Quick update on bitcoin.

We are trading at the middle and f the channel😎

On top of that, on RSI we are testing resistance level at 50😏

Both factors are signaling us about breakout and uptrend. In short term we can go up to $71k.

Let’s see how it works 🤔

#Write2Earn #BTC🔥🔥🔥🔥🔥 #longpositions

Hammer on a weekly timeframe 🔨

Do you still remember our trading plan associated with this pattern???

Based on that bullish pattern we can now expect rise of bitcoin price approximately to the level of resistance at around $70k-71k😎

There are huge amount of short traders’ liquidity there. I believe Market Makers won’t miss this opportunity to liquidate them😏

What are your thoughts on this??? Share your opinion in the comments below 👇🏻

#Write2Earn #btc #buythedip

NEW WEEK AND NEW LOCAL HIGH😎

As you can see falling wedge from previous post worked pretty fine😎

Now as we look on a daily timeframe we can observe that bitcoin is trading at the middle of the channel. There is great possibility to break resistance level and go to the top of this channel😏

On top of that, on RSI we are now also about to break resistance dynamic level🤝🏼

Based on that I am expecting this week to be bullish for bitcoin and top alts👊

What are you trading this week? Share in the comments below 👇🏻

#Write2Earn #BTC #TradingStrategies💼💰

ARE YOU READY???

Bitcoin halving is almost here😎

Short update on bitcoin. What’s on the chart?!

We can see falling wedge on a 4h timeframe. It’s a bullish pattern and bitcoin already started the movement 😏

Did you manage to fill your bags during this deep?! What did you buy?

Share it in the comments below 👇🏻

#Write2Earn #BTC #bitcoinhalving

BULL FLAG CONFIRMED ✅

“A bull flag pattern is a bullish chart pattern that occurs when a stock is in a strong uptrend. It is called a flag pattern because when you see it on a chart the large green candle of the initial move looks like a flag pole, and the sideways consolidation near the highs looks like a flag or a pennant.”

As we expected Bullish Flag is confirmed on a daily timeframe. You were informed about this beforehand and I hope you have managed to use this information properly and didn’t get liquidated🤝🏼

On the chart we can see that we are still above dynamic level of support. On top of that, we have tested twice support level at around $61k🤝🏼

During last three days were liquidated around $1.7B of long traders positions🤷 Which is a good sign for overall continuation of uptrend 🤔

Based on all this info we can expect that bitcoin will comeback soon. I believe it will happen after halving which is about to happen in less than 4 days😎

What are your thoughts on this??? Share in the comments below 👇🏻

#BTC🔥🔥🔥🔥🔥🔥 #Write2Earn #bitcoinhalving