#Crypto Technical analyses ✍️- trading IDEAS 📈 | 🏂| Not a financial advice❗️ -Twitter: @CryptoJobs3- 🎯 My charts should help you for your own trading! 💎
Here's my #Bitcoin price outlook & strategy for the coming day's :
The view I shared the 05/01 is probably going to play well! The current price turned clearly bearish & showing breakout signals ⚠️ The short term price may range between the 92,000 - 95,800$ zone. I don't think it's safe to short on support zone yet. Again, I think that BTC price will continue to correct downard toward at least the 87,500$ area next (SSB) daily! [HTF = Bull] 🔴300M long positions liquidation recently! 🔴Green light for US government liquidation of 69,000 Silk Road #BTC !
I cut in losses at the triangle breakout around 300$ 🚨 The bearish pressure is currently strong.
H4 prices is currently oversell and the 290$ zone is a big support.
In my opinion, prices will test the yellow support zone around 270$! I don't recommend to short yet, it's safer wait for bull reversal sign!
Zooming on the daily view, I see a bullish reaction on the uptrend daily and around the 265 - 270$ support zone! To be monitored! 🎯
💡As you can see, I accept losses and never delete content, no matter how bad it is! Trading is not an exact science. If someone posts nothing but 100% profits and gains, don't follow them, because they'll never teach you anything! Learning is a very long process! Losses are part of the process!
#Bitcoin bearish correction is probably not end! 🚨 I warned you few days ago about this eventuality!
Here we are: 👇 According to my year's of #trading experience, I see a local bottom around 83,000$! [Mid zone T/K weekly]
Key levels you should monitored: 95,800 - 98,000 - 100,000 92,000 - 87,800 - 83,500 - 78,500 - 74,500$
#BTC price won't fall in a straight line! A first stop will probably be around the $87,500 support zone!
If the 83,000$ support is lost, then you should focus on the main uptrend Weekly / Daily. [HARD TO SAY] Again, I don't recommend to short above the 92,000 support zone yet! 🔴
Volatility is hige & bearish confirmation is required.
I know me lines, especially on the medium term. In my opinion, Chances are above >80% for it to happen. I hope this is usefull for you!
Prices may recover fast if it hold above 4.700$ here! Short term shitshow happened before of employment news, usually if market dumped on the news, it means that a pump will prboably be see later on.
Volatility is totally absurd at the moment ⚠️ Not the best entry for me but DCA is your friend! Focusing on medium term view & HTF momentum it should play well.
Same for #pepe , I shared it few minutes too early :/
$PEPE not panicking, congrat if you did DCA on dips! HTF key support, should play well! 📈 Short term shitshow shouldnt scare you if you are confident. I set stop loss below 0.0001695$
Sadly I long 2 minute after the dump, that's trading 😂 The difference between begginers and confident traders is that I didn"t panic closed. because I've confidence on my lines!
I'm trying to do my best for you, but nowodays the fear and volatility is totally absurd!