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$BTC Quick update on BTC morning of November 16
- Yesterday I mistakenly counted the candles and thought it was the end of the D4 candle but it was actually today.
Because yesterday's chart was quite bad, I just predicted that BTC would go down to the 84-85 zone in case 2 that I mentioned before. However, I also warned you that if the 1H candle closed above 89700, my prediction of a decline would be completely wrong
- Yesterday, BTC was very strong in the 86-87 support zone and continuously recovered very quickly, so the upward force is quite strong.
- I predict that BTC will continue to be green today and is likely to end the candle at the 93-94 zone and continue to create a new ATH in the next D4 candle. The 8x zone will most likely return once more in this uptrend when there is panic selling.
- My assessment is wrong when there is a 1H candle closing below 89500, guys
- Yesterday I mistakenly counted the candles and thought it was the end of the D4 candle but it was actually today.
Because yesterday's chart was quite bad, I just predicted that BTC would go down to the 84-85 zone in case 2 that I mentioned before. However, I also warned you that if the 1H candle closed above 89700, my prediction of a decline would be completely wrong
- Yesterday, BTC was very strong in the 86-87 support zone and continuously recovered very quickly, so the upward force is quite strong.
- I predict that BTC will continue to be green today and is likely to end the candle at the 93-94 zone and continue to create a new ATH in the next D4 candle. The 8x zone will most likely return once more in this uptrend when there is panic selling.
- My assessment is wrong when there is a 1H candle closing below 89500, guys
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BTC update on November 15:
• As I said yesterday, BTC will follow 2 cases yesterday and today. It seems that BTC is following case t2, which means that today it will create a bottom in the 84-85 zone or lower.
• D4 frame: the very important D4 candle will end today. The D4 candle is very bad, if it cannot surpass the 89-90k zone today, it is very likely that BTC will continue to adjust in the next 3-4 days.
My opinion is that BTC will continue to decrease in price to the 83-85 zone. But what I am worried about is that the 70-73k buying zone just now has a very large FOMO, it is very easy for there to be a phenomenon of selling and taking profits if the market has any bad news.
In general, everyone should be careful, install stl of all kinds and should not catch falling knives or block the train, just let the market fluctuate gently to clarify the trend and then enter safely.
• This comment is wrong when BTC today has a 1H candle closing above 89700, guys
You guys should refer to the comment and have your own strategy.
• As I said yesterday, BTC will follow 2 cases yesterday and today. It seems that BTC is following case t2, which means that today it will create a bottom in the 84-85 zone or lower.
• D4 frame: the very important D4 candle will end today. The D4 candle is very bad, if it cannot surpass the 89-90k zone today, it is very likely that BTC will continue to adjust in the next 3-4 days.
My opinion is that BTC will continue to decrease in price to the 83-85 zone. But what I am worried about is that the 70-73k buying zone just now has a very large FOMO, it is very easy for there to be a phenomenon of selling and taking profits if the market has any bad news.
In general, everyone should be careful, install stl of all kinds and should not catch falling knives or block the train, just let the market fluctuate gently to clarify the trend and then enter safely.
• This comment is wrong when BTC today has a 1H candle closing above 89700, guys
You guys should refer to the comment and have your own strategy.
BTC Comments on November 14:
- BTC yesterday was quite chaotic. Pump from 86k-93k. R dropped quickly to 88k so I don't have much to say when the indicators of the frames are quite chaotic. Especially the small frames from 1D and below
- Just for the 4D frame, I have the following comments:
The entire D4 candle is outside the BB band (2 more days until the candle closes), so there are only 2 cases that can happen:
1. This D4 candle will have a wick pulling down to the BB band (84k area)
2. This D4 candle continues to be full green, the peak is around 96-97k or higher so that the BB band can expand and touch the D4 candle.
Currently, I see the 88k area is quite strong, those who are adventurous can watch for Long stl in this area. Shorting is a matter of luck
You guys should come up with your own strategy.
- BTC yesterday was quite chaotic. Pump from 86k-93k. R dropped quickly to 88k so I don't have much to say when the indicators of the frames are quite chaotic. Especially the small frames from 1D and below
- Just for the 4D frame, I have the following comments:
The entire D4 candle is outside the BB band (2 more days until the candle closes), so there are only 2 cases that can happen:
1. This D4 candle will have a wick pulling down to the BB band (84k area)
2. This D4 candle continues to be full green, the peak is around 96-97k or higher so that the BB band can expand and touch the D4 candle.
Currently, I see the 88k area is quite strong, those who are adventurous can watch for Long stl in this area. Shorting is a matter of luck
You guys should come up with your own strategy.
See original
BTC Comments on November 14:
- BTC yesterday was quite chaotic. Pump from 86k-93k. R dropped quickly to 88k so I don't have much to say when the indicators of the frames are quite chaotic. Especially the small frames from 1D and below
- Just for the 4D frame, I have the following comments:
The entire D4 candle is outside the BB band (2 more days until the candle closes), so there are only 2 cases that can happen:
1. This D4 candle will have a wick pulling down to the BB band (84k area)
2. This D4 candle continues to be full green, the peak is around 96-97k or higher so that the BB band can expand and touch the D4 candle.
Currently, I see the 88k area is quite strong, those who are adventurous can watch for Long stl in this area. Shorting is a matter of luck
You guys should come up with your own strategy.
- BTC yesterday was quite chaotic. Pump from 86k-93k. R dropped quickly to 88k so I don't have much to say when the indicators of the frames are quite chaotic. Especially the small frames from 1D and below
- Just for the 4D frame, I have the following comments:
The entire D4 candle is outside the BB band (2 more days until the candle closes), so there are only 2 cases that can happen:
1. This D4 candle will have a wick pulling down to the BB band (84k area)
2. This D4 candle continues to be full green, the peak is around 96-97k or higher so that the BB band can expand and touch the D4 candle.
Currently, I see the 88k area is quite strong, those who are adventurous can watch for Long stl in this area. Shorting is a matter of luck
You guys should come up with your own strategy.
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If BTC goes like this, everyone will be shorted 😅
As everyone has seen, BTC has reached the milestone of 81k$ on November 11. The uptrend has become apparent as BTC closed the weekly candle above the 75k region.
I want to share my view on BTC until mid-2025 and my expected target.
In the next wave, BTC could reach the 133k-150k range, and this area could see BTC sideway for quite a while before eventually rising to the 287k range.
I want to share my view on BTC until mid-2025 and my expected target.
In the next wave, BTC could reach the 133k-150k range, and this area could see BTC sideway for quite a while before eventually rising to the 287k range.
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BTC's assessment on November 13:
• BTC went exactly as I predicted last night. After holding the support zone at 85x, BTC rebounded to the peak of 89-90, attracting a large number of people who are psychologically FOMO because they think they have caught the bottom and will continuously set new aths like the past 6-7 days.
• That's why I also posted a warning post warning those who have joined the Long boat to close the 89-90 zone to prevent the market from flipping. Currently, it has not flipped, but the market is showing signs of correction.
• I also had time to circle around Long Short in the direction of yesterday's prediction of winning 2 ends of more than 4k price and am still holding a short order in the 89x zone, so far I have not closed it.
My assessment is as follows:
- D1 frame: BTC is showing signs of correction after 7 green days with historical aths. The expected immediate resistance zone is 85k, if broken, it will return to 83k. Deeper is the 80-81k zone.
- D4 frame: today a new D4 candle started, the previous D4 candle closed with full force green 15k, price from 75-90k. The D4 candle is quite far outside the BB band so it will be pulled in. Along with creating a bottom/top, I think this D4 candle will have a bottom in the 83-84 zone or lower.
=> Comments:
- After creating a Long Trap yesterday in the 87-88-89 zone, BTC will definitely test the 85 zone again. I think the 85 zone will not last more than 2 more test beats. However, what I am worried about is that after a long time of continuously setting new ath, there will be a possibility of panic selling to take profit.
- That is why Long guys should be careful to install stl these days
You guys refer to the comments and come up with your own strategy.
I will try to update here as soon as possible when the market has anything unusual.
$BTC
• BTC went exactly as I predicted last night. After holding the support zone at 85x, BTC rebounded to the peak of 89-90, attracting a large number of people who are psychologically FOMO because they think they have caught the bottom and will continuously set new aths like the past 6-7 days.
• That's why I also posted a warning post warning those who have joined the Long boat to close the 89-90 zone to prevent the market from flipping. Currently, it has not flipped, but the market is showing signs of correction.
• I also had time to circle around Long Short in the direction of yesterday's prediction of winning 2 ends of more than 4k price and am still holding a short order in the 89x zone, so far I have not closed it.
My assessment is as follows:
- D1 frame: BTC is showing signs of correction after 7 green days with historical aths. The expected immediate resistance zone is 85k, if broken, it will return to 83k. Deeper is the 80-81k zone.
- D4 frame: today a new D4 candle started, the previous D4 candle closed with full force green 15k, price from 75-90k. The D4 candle is quite far outside the BB band so it will be pulled in. Along with creating a bottom/top, I think this D4 candle will have a bottom in the 83-84 zone or lower.
=> Comments:
- After creating a Long Trap yesterday in the 87-88-89 zone, BTC will definitely test the 85 zone again. I think the 85 zone will not last more than 2 more test beats. However, what I am worried about is that after a long time of continuously setting new ath, there will be a possibility of panic selling to take profit.
- That is why Long guys should be careful to install stl these days
You guys refer to the comments and come up with your own strategy.
I will try to update here as soon as possible when the market has anything unusual.
$BTC
Quick update on BTC as of 12/11:
- This 85x zone is a small support area. If it doesn't break, BTC has the potential to conquer the psychological milestone of 90k before making a deeper adjustment due to panic selling.
- You can Long this zone with a stop-loss at 1000. The gain could be as much as 4-5k, so set the stop-loss a bit longer for safety.
- If it breaks 85x, BTC could drop down to the 81-82 range.
- Last night I was stuck in a significant short position at 86100, so I haven't had the mood to post today. I just managed to exit, feeling much better now.
- This 85x zone is a small support area. If it doesn't break, BTC has the potential to conquer the psychological milestone of 90k before making a deeper adjustment due to panic selling.
- You can Long this zone with a stop-loss at 1000. The gain could be as much as 4-5k, so set the stop-loss a bit longer for safety.
- If it breaks 85x, BTC could drop down to the 81-82 range.
- Last night I was stuck in a significant short position at 86100, so I haven't had the mood to post today. I just managed to exit, feeling much better now.
See original
Quick update on BTC as of 12/11:
- This 85x zone is a small support area. If it doesn't break, BTC has the potential to conquer the psychological milestone of 90k before making a deeper adjustment due to panic selling.
- You can Long this zone with a stop-loss at 1000. The gain could be as much as 4-5k, so set the stop-loss a bit longer for safety.
- If it breaks 85x, BTC could drop down to the 81-82 range.
- Last night I was stuck in a significant short position at 86100, so I haven't had the mood to post today. I just managed to exit, feeling much better now.
- This 85x zone is a small support area. If it doesn't break, BTC has the potential to conquer the psychological milestone of 90k before making a deeper adjustment due to panic selling.
- You can Long this zone with a stop-loss at 1000. The gain could be as much as 4-5k, so set the stop-loss a bit longer for safety.
- If it breaks 85x, BTC could drop down to the 81-82 range.
- Last night I was stuck in a significant short position at 86100, so I haven't had the mood to post today. I just managed to exit, feeling much better now.
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BTC assessment on 11/11:
• Yesterday I opened a Short position in the 80x range and assessed that BTC before hitting the new peak of 84k would have a slight pullback to the 77x area to take profit and turn back to Long in this area to align with the trend. However, BTC yesterday was very strong, pushing the support levels higher, so I had to set the take profit at 78800, gaining 1.2k, raising the account profit to 40%.
Since BTC is running close to dawn, I also had to accept that I couldn't go Long when BTC pulled back to 78500 and this morning had to watch BTC reach a new peak of 81900.
• I also just opened another Short position in the 81x range with the following assessment:
- Daily frame: BTC has gone through 6 green D candles, with 5 candles creating a new ATH. The D candle is in a very beautiful upward trend, predicting it will rise very high as the indicators are still at not too high levels.
However, the BTC price is very far from the average price lines, so BTC is likely to be pulled back or switch around the peak for the average price lines to catch up.
- Weekly frame: today begins a new W candle, the previous W candle was a full green candle from 67k to 81k (14k price @@), so I think this week's candle will have a wick pulling down a bit. The range of 74-75 is nice, at least 77-78.
The BTC price is also outside the BB band, so it will definitely be pulled back.
=> My assessment:
- In the long term, I still believe BTC will rise very strongly, far from this 81k peak. However, today at the beginning of the week, BTC will create a peak/trough, BTC will pull back or switch in the 2-3k price peak area to legitimize the chart. Therefore, brothers temporarily don’t FOMO Long. You can go back to Long in the 77-78k range. DCA more at 73-74k (all-in area).
- At this time, BTC is fluctuating greatly, catching the right wave daily can gain 1-2k price, which is normal; the opportunity for quick wealth is there, but the risk is also high. Please consider carefully.
• Yesterday I opened a Short position in the 80x range and assessed that BTC before hitting the new peak of 84k would have a slight pullback to the 77x area to take profit and turn back to Long in this area to align with the trend. However, BTC yesterday was very strong, pushing the support levels higher, so I had to set the take profit at 78800, gaining 1.2k, raising the account profit to 40%.
Since BTC is running close to dawn, I also had to accept that I couldn't go Long when BTC pulled back to 78500 and this morning had to watch BTC reach a new peak of 81900.
• I also just opened another Short position in the 81x range with the following assessment:
- Daily frame: BTC has gone through 6 green D candles, with 5 candles creating a new ATH. The D candle is in a very beautiful upward trend, predicting it will rise very high as the indicators are still at not too high levels.
However, the BTC price is very far from the average price lines, so BTC is likely to be pulled back or switch around the peak for the average price lines to catch up.
- Weekly frame: today begins a new W candle, the previous W candle was a full green candle from 67k to 81k (14k price @@), so I think this week's candle will have a wick pulling down a bit. The range of 74-75 is nice, at least 77-78.
The BTC price is also outside the BB band, so it will definitely be pulled back.
=> My assessment:
- In the long term, I still believe BTC will rise very strongly, far from this 81k peak. However, today at the beginning of the week, BTC will create a peak/trough, BTC will pull back or switch in the 2-3k price peak area to legitimize the chart. Therefore, brothers temporarily don’t FOMO Long. You can go back to Long in the 77-78k range. DCA more at 73-74k (all-in area).
- At this time, BTC is fluctuating greatly, catching the right wave daily can gain 1-2k price, which is normal; the opportunity for quick wealth is there, but the risk is also high. Please consider carefully.
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Update e$BTC on the evening of 11/10
- Today I am busy going back to my hometown, so I just posted this for everyone to refer to.
- Yesterday I posted 2 articles and BTC moved exactly like that, after returning to 758, it increased rapidly to the 80x region, turning 76 into a strong support area.
However, BTC's movement is very annoying, it dropped below 758 so I couldn't short anymore and lost an additional short order at 400 price, fortunately this morning I managed to catch the situation and made back 1 long order + 1 short order totaling more than 2k price, raising my profit temporarily to over 30% of my account. Currently, I am also opening a short order in the 80x region with the following assessment:
- 1D frame: BTC continues to set new ATH from 772x up to 80x and still shows no signs of weakening, so tomorrow or the day after, there is a high possibility of a new peak.
- 4D frame: thus, the 757 region will be the bottom of this D4 candle, the peak is still unknown, there are still 2 days left until the D4 candle ends, the current volume is a bit low. Need to monitor further.
- 1W frame: BTC is making a vertical column of over 13k price, the peak price is very far outside the BB band, so next week I believe BTC price will be pulled back into the BB band (around 74-75)
- M frame: BTC is approaching the 84k mark (the upper band of the BB chart) that I mentioned in previous articles. I believe this month BTC will reach this 84k mark.
=> My assessment:
- BTC will continue to set new peaks, however I also predict that before that, BTC will have a slight pullback to the 76-77 region before reaching the 84k mark. After that, there will be a longer pullback of nearly 10% to the 76k support area.
- Please refer and develop your own strategy ✌️
- Today I am busy going back to my hometown, so I just posted this for everyone to refer to.
- Yesterday I posted 2 articles and BTC moved exactly like that, after returning to 758, it increased rapidly to the 80x region, turning 76 into a strong support area.
However, BTC's movement is very annoying, it dropped below 758 so I couldn't short anymore and lost an additional short order at 400 price, fortunately this morning I managed to catch the situation and made back 1 long order + 1 short order totaling more than 2k price, raising my profit temporarily to over 30% of my account. Currently, I am also opening a short order in the 80x region with the following assessment:
- 1D frame: BTC continues to set new ATH from 772x up to 80x and still shows no signs of weakening, so tomorrow or the day after, there is a high possibility of a new peak.
- 4D frame: thus, the 757 region will be the bottom of this D4 candle, the peak is still unknown, there are still 2 days left until the D4 candle ends, the current volume is a bit low. Need to monitor further.
- 1W frame: BTC is making a vertical column of over 13k price, the peak price is very far outside the BB band, so next week I believe BTC price will be pulled back into the BB band (around 74-75)
- M frame: BTC is approaching the 84k mark (the upper band of the BB chart) that I mentioned in previous articles. I believe this month BTC will reach this 84k mark.
=> My assessment:
- BTC will continue to set new peaks, however I also predict that before that, BTC will have a slight pullback to the 76-77 region before reaching the 84k mark. After that, there will be a longer pullback of nearly 10% to the 76k support area.
- Please refer and develop your own strategy ✌️
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Quick update on BTC night of 11/9
Temporarily cancel the downward view, alright guys
Need to monitor further if BTC breaks the 76k zone.
BTC is quite strong and it's likely that this 76x zone will become the main support level when BTC surpasses 80x and pulls back.
Temporarily cancel the downward view, alright guys
Need to monitor further if BTC breaks the 76k zone.
BTC is quite strong and it's likely that this 76x zone will become the main support level when BTC surpasses 80x and pulls back.
See original
Update $BTC on November 9:
Yesterday continued to be a correct observation of mine when BTC reached a new ATH. If analyzed on the 4H frame, I am sure I would have shorted it yesterday, as the signals were weak and deteriorating. However, the larger frames are still looking very good, so BTC rising is standard.
- D1 Frame: A set of 3 candles has appeared. Usually, after this set of 3 candles, a red candle or a green candle will appear, but with a lower bottom than the previous candle (75x), so I predict that today and in the coming days, BTC will have a slight pullback to the 74-75 zone.
When it reaches the 75x zone, I will also start Long again, DCA more at 74 - 73 for safety.
Of course, this chart will no longer be valid if BTC bullruns, as it will break all technical patterns.
- D4 Frame: Today, a new D4 candle begins, which will create a peak/bottom. Currently, the price is also outside the BB range, so I think the bottom of this D4 candle will be in the 75x range or lower.
This morning, BTC had a slight pullback to the 761 range, and this price is still outside the BB range, so I think this cannot be the bottom of this D4 candle unless this D4 candle makes BTC shoot straight up to the 8x range, which would then make sense.
=> My assessment:
- If BTC does not continue to rise straight up to the 8x range with a frequency of new peaks higher than yesterday's peak by 1-2k/day, then I am certain that BTC in the next 2-3 days will pull back to the 74-75x range, possibly as low as the 73x range.
- Everyone should consider Long positions at lower levels, which is much safer; shorting is indeed like playing with fire because you don’t know where the stop loss will be in this very strong price increase of BTC.
Everyone should refer and come up with their own strategy ✊
-
Yesterday continued to be a correct observation of mine when BTC reached a new ATH. If analyzed on the 4H frame, I am sure I would have shorted it yesterday, as the signals were weak and deteriorating. However, the larger frames are still looking very good, so BTC rising is standard.
- D1 Frame: A set of 3 candles has appeared. Usually, after this set of 3 candles, a red candle or a green candle will appear, but with a lower bottom than the previous candle (75x), so I predict that today and in the coming days, BTC will have a slight pullback to the 74-75 zone.
When it reaches the 75x zone, I will also start Long again, DCA more at 74 - 73 for safety.
Of course, this chart will no longer be valid if BTC bullruns, as it will break all technical patterns.
- D4 Frame: Today, a new D4 candle begins, which will create a peak/bottom. Currently, the price is also outside the BB range, so I think the bottom of this D4 candle will be in the 75x range or lower.
This morning, BTC had a slight pullback to the 761 range, and this price is still outside the BB range, so I think this cannot be the bottom of this D4 candle unless this D4 candle makes BTC shoot straight up to the 8x range, which would then make sense.
=> My assessment:
- If BTC does not continue to rise straight up to the 8x range with a frequency of new peaks higher than yesterday's peak by 1-2k/day, then I am certain that BTC in the next 2-3 days will pull back to the 74-75x range, possibly as low as the 73x range.
- Everyone should consider Long positions at lower levels, which is much safer; shorting is indeed like playing with fire because you don’t know where the stop loss will be in this very strong price increase of BTC.
Everyone should refer and come up with their own strategy ✊
-
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Quick update on BTC this morning, November 9:
- Anyone who followed my Long call yesterday has made 500-1k in profit, let me know.
- Currently, BTC is showing signs of a slight correction in the range of 73x -75x.
- The immediate resistance is at 753-755. If it breaks through, it will drop to the range of 745, with the deepest being the range of 730-735. Adding more in this range would be great.
Please take a look and come up with your own strategy.
- Anyone who followed my Long call yesterday has made 500-1k in profit, let me know.
- Currently, BTC is showing signs of a slight correction in the range of 73x -75x.
- The immediate resistance is at 753-755. If it breaks through, it will drop to the range of 745, with the deepest being the range of 730-735. Adding more in this range would be great.
Please take a look and come up with your own strategy.
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BTC assessment on November 8:
Yesterday, I managed to make a few Long trades, but all my short trades based on my technical analysis hit stop-loss. I also understand that BTC is currently in a bull run phase, so we cannot look at smaller time frames from 4H downwards for analysis. BTC is heading towards a very high price range, with significant price fluctuations, so the analysis charts must also be on larger time frames.
- 1D Frame: The 1D candle yesterday narrowed the price fluctuation range of BTC from 74400-76700 by more than 2k3. And today's candle may also fluctuate within this price range. There is a small support area around 754-755; if it breaks, you can re-enter at 74x.
- 4D Frame: Currently in a nice upward trend, the D4 candle will surely continue to be green and create a new peak.
- M1 Frame: Looking at this month's frame, BTC may head towards the upper band of the BB chart, around the price of 84k.
=> My assessment:
- The general sentiment of everyone is very hopeful for a change in the crypto market; the buying force is very strong, so don’t hold back due to a 1-2k price difference. Although BTC is at a record high, the indicators on the larger time frames are still low, signaling that BTC will increase significantly more.
- Therefore, holding Long positions now is almost a 70% winning chance; each long red candle will be a good opportunity for you to increase your position. The immediate target will be the 8x range, after which there will be a price correction of 10%, and then it will continue to rise very high.
- Please consider this and develop your own strategy.
Yesterday, I managed to make a few Long trades, but all my short trades based on my technical analysis hit stop-loss. I also understand that BTC is currently in a bull run phase, so we cannot look at smaller time frames from 4H downwards for analysis. BTC is heading towards a very high price range, with significant price fluctuations, so the analysis charts must also be on larger time frames.
- 1D Frame: The 1D candle yesterday narrowed the price fluctuation range of BTC from 74400-76700 by more than 2k3. And today's candle may also fluctuate within this price range. There is a small support area around 754-755; if it breaks, you can re-enter at 74x.
- 4D Frame: Currently in a nice upward trend, the D4 candle will surely continue to be green and create a new peak.
- M1 Frame: Looking at this month's frame, BTC may head towards the upper band of the BB chart, around the price of 84k.
=> My assessment:
- The general sentiment of everyone is very hopeful for a change in the crypto market; the buying force is very strong, so don’t hold back due to a 1-2k price difference. Although BTC is at a record high, the indicators on the larger time frames are still low, signaling that BTC will increase significantly more.
- Therefore, holding Long positions now is almost a 70% winning chance; each long red candle will be a good opportunity for you to increase your position. The immediate target will be the 8x range, after which there will be a price correction of 10%, and then it will continue to rise very high.
- Please consider this and develop your own strategy.
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Update $BTC on the evening of November 7:
- I have analyzed the large frames in the afternoon post, so I will not repeat it.
- Currently, BTC is swating the 74x-76x price range and is being compressed quite strongly, signaling that there will be a big change in the market.
- Looking at these charts, I conclude:
1. If BTC closes the 1H candle above the 753-755 range, it will continue to break the 76x peak
2. If BTC closes the 1H candle below the 744-745 range, there will be a correction to the 72-73 range.
Please refer to it and come up with a suitable strategy for yourself✊
- I have analyzed the large frames in the afternoon post, so I will not repeat it.
- Currently, BTC is swating the 74x-76x price range and is being compressed quite strongly, signaling that there will be a big change in the market.
- Looking at these charts, I conclude:
1. If BTC closes the 1H candle above the 753-755 range, it will continue to break the 76x peak
2. If BTC closes the 1H candle below the 744-745 range, there will be a correction to the 72-73 range.
Please refer to it and come up with a suitable strategy for yourself✊
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Analysis $BTC on November 7:
Yesterday, BTC followed my prediction by bouncing back to the 72x (724) range and rising again. However, the upward momentum was very strong, surpassing 75 and creating a new peak at 764, and currently, there are signs of a slight correction.
- D1 Frame: There are signs of a slight correction; at the moment, I see the 73x range, but if there is a strong sell-off, it could drop to 71x. I encourage everyone to look for Long opportunities rather than Short, as BTC is in a strong upward trend in the larger frame, and this is just a minor correction.
- W2 Frame: As I mentioned in yesterday's analysis, this week will close the W2 candle (2 weeks), so I will skip the W1 frame, as this week's W2 candle closure is very important. Looking at the W2 chart, you will see that BTC is at the upper band of the BB band, and it is currently narrowing even though BTC's W2 candle just recently was nearly 10k in price.
For this reason, I predict that this week's candle will close in the price range of 74-75x (small x). So that next week and the week after can continue to set ATH.
Therefore, I believe that the price range below 73x will be a better and safer buying area than shorting in the 74-75 range (yesterday I also tried a small short order and got stopped out 😢)
Please refer to this and come up with your own strategy ✊
Yesterday, BTC followed my prediction by bouncing back to the 72x (724) range and rising again. However, the upward momentum was very strong, surpassing 75 and creating a new peak at 764, and currently, there are signs of a slight correction.
- D1 Frame: There are signs of a slight correction; at the moment, I see the 73x range, but if there is a strong sell-off, it could drop to 71x. I encourage everyone to look for Long opportunities rather than Short, as BTC is in a strong upward trend in the larger frame, and this is just a minor correction.
- W2 Frame: As I mentioned in yesterday's analysis, this week will close the W2 candle (2 weeks), so I will skip the W1 frame, as this week's W2 candle closure is very important. Looking at the W2 chart, you will see that BTC is at the upper band of the BB band, and it is currently narrowing even though BTC's W2 candle just recently was nearly 10k in price.
For this reason, I predict that this week's candle will close in the price range of 74-75x (small x). So that next week and the week after can continue to set ATH.
Therefore, I believe that the price range below 73x will be a better and safer buying area than shorting in the 74-75 range (yesterday I also tried a small short order and got stopped out 😢)
Please refer to this and come up with your own strategy ✊
BTC Analysis on November 6:
- Daily Chart (1D): BTC has increased more than 6k in price today from 692 to 756. However, prior to that, BTC was following technical analysis very well when it broke the strong resistance of 685-687 up to 70x and early this morning tested the resistance area of 686 one more time before it surged to 75x. I was also fortunate to catch a long position at 690, closing at 747 with more than 5500 in price to somewhat take revenge on the market.
I think the D1 chart will have a retracement to the range of 71-72 before continuing to rise further.
- Daily Chart (D4): currently in a very nice uptrend, the price will still rise very high.
- Weekly Chart (W1): the BB band is starting to widen, signaling that BTC is preparing to fluctuate in a very large price range. Combined with the fact that BTC just began to enter a bullish trend on the W1 chart with nearly 3 candles since 62k, BTC will rise very high.
If we consider the price level of 100k, BTC needs to increase nearly 40% more, while a bullish trend on the weekly chart for BTC makes it very normal to see x2 or x3. So, 100k, in my opinion, is still low.
- Weekly Chart (W2): this week marks the end of the W2 candle, so I’ll analyze it as well. In the W2 chart, BTC has not yet escaped the downtrend + the BB band is gradually narrowing even though BTC just made a 6k price pump. It’s very possible that the next W2 candle will be either a red candle or a green candle with quite a long wick.
=> My analysis:
- BTC is establishing the highest price ever, this will be the highest price increase, and the price, in my opinion, will be very surprising. Therefore, the range of 68-72 is still a very good buying area.
- BTC will continue to rise throughout this week and into next week before there is a significant correction to legitimize the W2 chart, and that will also be the last opportunity for everyone to jump on the long trend in this long-term bullish phase.
- Please don’t short and hold positions hoping for long gains to hinder the movement at this time, it’s very easy to burn out your account.
- Please refer to this ☺️
- Daily Chart (1D): BTC has increased more than 6k in price today from 692 to 756. However, prior to that, BTC was following technical analysis very well when it broke the strong resistance of 685-687 up to 70x and early this morning tested the resistance area of 686 one more time before it surged to 75x. I was also fortunate to catch a long position at 690, closing at 747 with more than 5500 in price to somewhat take revenge on the market.
I think the D1 chart will have a retracement to the range of 71-72 before continuing to rise further.
- Daily Chart (D4): currently in a very nice uptrend, the price will still rise very high.
- Weekly Chart (W1): the BB band is starting to widen, signaling that BTC is preparing to fluctuate in a very large price range. Combined with the fact that BTC just began to enter a bullish trend on the W1 chart with nearly 3 candles since 62k, BTC will rise very high.
If we consider the price level of 100k, BTC needs to increase nearly 40% more, while a bullish trend on the weekly chart for BTC makes it very normal to see x2 or x3. So, 100k, in my opinion, is still low.
- Weekly Chart (W2): this week marks the end of the W2 candle, so I’ll analyze it as well. In the W2 chart, BTC has not yet escaped the downtrend + the BB band is gradually narrowing even though BTC just made a 6k price pump. It’s very possible that the next W2 candle will be either a red candle or a green candle with quite a long wick.
=> My analysis:
- BTC is establishing the highest price ever, this will be the highest price increase, and the price, in my opinion, will be very surprising. Therefore, the range of 68-72 is still a very good buying area.
- BTC will continue to rise throughout this week and into next week before there is a significant correction to legitimize the W2 chart, and that will also be the last opportunity for everyone to jump on the long trend in this long-term bullish phase.
- Please don’t short and hold positions hoping for long gains to hinder the movement at this time, it’s very easy to burn out your account.
- Please refer to this ☺️
See original
BTC Analysis on November 6:
- Daily Chart (1D): BTC has increased more than 6k in price today from 692 to 756. However, prior to that, BTC was following technical analysis very well when it broke the strong resistance of 685-687 up to 70x and early this morning tested the resistance area of 686 one more time before it surged to 75x. I was also fortunate to catch a long position at 690, closing at 747 with more than 5500 in price to somewhat take revenge on the market.
I think the D1 chart will have a retracement to the range of 71-72 before continuing to rise further.
- Daily Chart (D4): currently in a very nice uptrend, the price will still rise very high.
- Weekly Chart (W1): the BB band is starting to widen, signaling that BTC is preparing to fluctuate in a very large price range. Combined with the fact that BTC just began to enter a bullish trend on the W1 chart with nearly 3 candles since 62k, BTC will rise very high.
If we consider the price level of 100k, BTC needs to increase nearly 40% more, while a bullish trend on the weekly chart for BTC makes it very normal to see x2 or x3. So, 100k, in my opinion, is still low.
- Weekly Chart (W2): this week marks the end of the W2 candle, so I’ll analyze it as well. In the W2 chart, BTC has not yet escaped the downtrend + the BB band is gradually narrowing even though BTC just made a 6k price pump. It’s very possible that the next W2 candle will be either a red candle or a green candle with quite a long wick.
=> My analysis:
- BTC is establishing the highest price ever, this will be the highest price increase, and the price, in my opinion, will be very surprising. Therefore, the range of 68-72 is still a very good buying area.
- BTC will continue to rise throughout this week and into next week before there is a significant correction to legitimize the W2 chart, and that will also be the last opportunity for everyone to jump on the long trend in this long-term bullish phase.
- Please don’t short and hold positions hoping for long gains to hinder the movement at this time, it’s very easy to burn out your account.
- Please refer to this ☺️
- Daily Chart (1D): BTC has increased more than 6k in price today from 692 to 756. However, prior to that, BTC was following technical analysis very well when it broke the strong resistance of 685-687 up to 70x and early this morning tested the resistance area of 686 one more time before it surged to 75x. I was also fortunate to catch a long position at 690, closing at 747 with more than 5500 in price to somewhat take revenge on the market.
I think the D1 chart will have a retracement to the range of 71-72 before continuing to rise further.
- Daily Chart (D4): currently in a very nice uptrend, the price will still rise very high.
- Weekly Chart (W1): the BB band is starting to widen, signaling that BTC is preparing to fluctuate in a very large price range. Combined with the fact that BTC just began to enter a bullish trend on the W1 chart with nearly 3 candles since 62k, BTC will rise very high.
If we consider the price level of 100k, BTC needs to increase nearly 40% more, while a bullish trend on the weekly chart for BTC makes it very normal to see x2 or x3. So, 100k, in my opinion, is still low.
- Weekly Chart (W2): this week marks the end of the W2 candle, so I’ll analyze it as well. In the W2 chart, BTC has not yet escaped the downtrend + the BB band is gradually narrowing even though BTC just made a 6k price pump. It’s very possible that the next W2 candle will be either a red candle or a green candle with quite a long wick.
=> My analysis:
- BTC is establishing the highest price ever, this will be the highest price increase, and the price, in my opinion, will be very surprising. Therefore, the range of 68-72 is still a very good buying area.
- BTC will continue to rise throughout this week and into next week before there is a significant correction to legitimize the W2 chart, and that will also be the last opportunity for everyone to jump on the long trend in this long-term bullish phase.
- Please don’t short and hold positions hoping for long gains to hinder the movement at this time, it’s very easy to burn out your account.
- Please refer to this ☺️
See original
BTC Analysis on November 5:
- 1D Frame: Just as predicted earlier, after testing the resistance zone of 695x 2-3 times without breaking through, BTC quickly dropped to the 66x range and is currently recovering to the 685x zone.
The 685-687 range is also a resistance area on the D frame. If it breaks through, BTC will return to the 695 mark; if it fails to break through, it is highly likely to drop all the way to the 65x range before bouncing back from there.
- D4 Frame: Today marks the beginning of a new D4 candle, which usually means it will create a peak/trough. The D4 candle is still in an uptrend. However, with the previous D4 candle closing quite poorly, there is a possibility that this D4 candle will be red and have a lower trough than the previous D4 candle.
- W Frame: Currently in an uptrend and showing signs of green wick, even though today is only Tuesday.
=> My assessment:
- The 668 range this morning that BTC reached is still not the mark I was anticipating; I think the 655-665 range is more reasonable.
- However, smaller frames are showing a retracement wave. Need to observe whether BTC can break through the resistance zone of 685-687.
- If BTC ends the daily candle above 687, it will rise further; otherwise, the downtrend will continue, guys.
- For those who prefer shorting, you can enter with small volume + small stop loss, with a stop loss point at 688. It’s better not to watch this zone for another 1-2 4H candles.
- 1D Frame: Just as predicted earlier, after testing the resistance zone of 695x 2-3 times without breaking through, BTC quickly dropped to the 66x range and is currently recovering to the 685x zone.
The 685-687 range is also a resistance area on the D frame. If it breaks through, BTC will return to the 695 mark; if it fails to break through, it is highly likely to drop all the way to the 65x range before bouncing back from there.
- D4 Frame: Today marks the beginning of a new D4 candle, which usually means it will create a peak/trough. The D4 candle is still in an uptrend. However, with the previous D4 candle closing quite poorly, there is a possibility that this D4 candle will be red and have a lower trough than the previous D4 candle.
- W Frame: Currently in an uptrend and showing signs of green wick, even though today is only Tuesday.
=> My assessment:
- The 668 range this morning that BTC reached is still not the mark I was anticipating; I think the 655-665 range is more reasonable.
- However, smaller frames are showing a retracement wave. Need to observe whether BTC can break through the resistance zone of 685-687.
- If BTC ends the daily candle above 687, it will rise further; otherwise, the downtrend will continue, guys.
- For those who prefer shorting, you can enter with small volume + small stop loss, with a stop loss point at 688. It’s better not to watch this zone for another 1-2 4H candles.
See original
BTC's assessment on November 4:
- D1 frame: after closing the daily candle above the 68600 zone, BTC increased to retest the resistance zone of 69500. (If you look at the 12H chart, you will see more clearly that it tested the 69500 zone twice). If BTC can overcome this zone, it will enter the sw zone of 68-71k within 1 time. If it cannot overcome it, BTC will definitely return to the 66k zone this week
- D4 frame: Today ended the D4 candle. The D4 candle is still in the uptrend, there has not been much change, but if today's candle closes below 68k, there is a high possibility that the next D4 candle will continue to be a red correction candle
- W1 frame: Today started a new weekly candle. BTC's weekly frame is in a very nice long-term uptrend. However, the hummer candle closed last week after touching the 73k resistance zone, so BTC this week is likely to decrease a little more to gain new momentum.
=> My opinion:
- First, we need to observe the next 2 4H candles (before 19:00) to see if BTC can surpass the 69500 zone or not. This is a major resistance level according to the 12H frame, but it is the first resistance level, if it cannot surpass it, there will usually be a very strong red candle to sell off afterwards.
- I still see BTC returning to the 655-665 zone because this is the major resistance level. The final resistance level in this uptrend phase will be the 63k zone. But I think it will not reach this level, if it does, it will have to increase a lot to catch the longest uptrend wave that I think will come in the last 2 weeks of this month. This view will be wrong when BTC closes the 4H candle above the 695 zone today
- You guys refer to it and come up with your own strategy
- D1 frame: after closing the daily candle above the 68600 zone, BTC increased to retest the resistance zone of 69500. (If you look at the 12H chart, you will see more clearly that it tested the 69500 zone twice). If BTC can overcome this zone, it will enter the sw zone of 68-71k within 1 time. If it cannot overcome it, BTC will definitely return to the 66k zone this week
- D4 frame: Today ended the D4 candle. The D4 candle is still in the uptrend, there has not been much change, but if today's candle closes below 68k, there is a high possibility that the next D4 candle will continue to be a red correction candle
- W1 frame: Today started a new weekly candle. BTC's weekly frame is in a very nice long-term uptrend. However, the hummer candle closed last week after touching the 73k resistance zone, so BTC this week is likely to decrease a little more to gain new momentum.
=> My opinion:
- First, we need to observe the next 2 4H candles (before 19:00) to see if BTC can surpass the 69500 zone or not. This is a major resistance level according to the 12H frame, but it is the first resistance level, if it cannot surpass it, there will usually be a very strong red candle to sell off afterwards.
- I still see BTC returning to the 655-665 zone because this is the major resistance level. The final resistance level in this uptrend phase will be the 63k zone. But I think it will not reach this level, if it does, it will have to increase a lot to catch the longest uptrend wave that I think will come in the last 2 weeks of this month. This view will be wrong when BTC closes the 4H candle above the 695 zone today
- You guys refer to it and come up with your own strategy
See original
BTC analysis on 3/11:
- D1 Frame: BTC has dropped below the MA line of the BB range, need to observe whether from now until the BTC price candle closes there will be a wick pulling back above the level of 68600 or not, if the price stays below this price range, the downtrend of BTC will continue.
- D4 Frame: BTC is still in an uptrend, the range 676-678 can be considered a resistance area, if it drops below this range, BTC will test the range of 665-666. This is considered a strong resistance area.
- W1 Frame: also in a strong uptrend, however, the weekly candle whether it closes green or red is still an extremely bad candle, signaling a major correction.
The deepest area could fall into 62-63.
=> My analysis:
- BTC is in a correction phase within a long-term uptrend, regarding the long-term trend, I believe BTC will far exceed the 73k range this month and in December. However, this correction right now will also last longer than everyone thinks, in the immediate future, strong resistance levels will fall into the range of 655-665, 65k, and 63k.
- In my opinion, BTC will continue to correct in the next week and in the last two weeks of the month will pull a wick to create a strong green monthly candle.
- I just made a very painful trade, so I will temporarily stop trading, only analyzing based on technical analysis to continue practicing. The path to success is still far away.
Please refer to my analysis and develop your own strategy.
- D1 Frame: BTC has dropped below the MA line of the BB range, need to observe whether from now until the BTC price candle closes there will be a wick pulling back above the level of 68600 or not, if the price stays below this price range, the downtrend of BTC will continue.
- D4 Frame: BTC is still in an uptrend, the range 676-678 can be considered a resistance area, if it drops below this range, BTC will test the range of 665-666. This is considered a strong resistance area.
- W1 Frame: also in a strong uptrend, however, the weekly candle whether it closes green or red is still an extremely bad candle, signaling a major correction.
The deepest area could fall into 62-63.
=> My analysis:
- BTC is in a correction phase within a long-term uptrend, regarding the long-term trend, I believe BTC will far exceed the 73k range this month and in December. However, this correction right now will also last longer than everyone thinks, in the immediate future, strong resistance levels will fall into the range of 655-665, 65k, and 63k.
- In my opinion, BTC will continue to correct in the next week and in the last two weeks of the month will pull a wick to create a strong green monthly candle.
- I just made a very painful trade, so I will temporarily stop trading, only analyzing based on technical analysis to continue practicing. The path to success is still far away.
Please refer to my analysis and develop your own strategy.
See original
Quick update on BTC on the night of 31/10 preparing to welcome the new month:
- BTC is adjusting to support areas 714, 709, 700..
- However, on the last day of the month, you guys have profits so close early and wait for the new month to continue the battle
- In the 4H frame, the price is still within the range 714-73x, so it cannot be ruled out that early tomorrow morning and tomorrow BTC will rise to 73x one more time before going deeper to create a bottom for the new month.
- In general, taking profits is never wrong.
- BTC is adjusting to support areas 714, 709, 700..
- However, on the last day of the month, you guys have profits so close early and wait for the new month to continue the battle
- In the 4H frame, the price is still within the range 714-73x, so it cannot be ruled out that early tomorrow morning and tomorrow BTC will rise to 73x one more time before going deeper to create a bottom for the new month.
- In general, taking profits is never wrong.
See original
Quick update $BTC morning 31/10 :
- BTC has risen back close to 73000 at 4 AM today, at that time it was tough. Can't finalize.
- However, it also failed in pulling back the daily green candle.
- Because today is the end of the month, the way the candle closes like this is quite bad.
- BTC will rebound to the nearest support areas to continue breaking ATH next month.
- Important support levels: 714x, 70x, 692-695, the deepest could be the 66x range.
- The view is incorrect when BTC's price today closes above the 73x range. In general, today is the end of the month so anything can happen. Everyone should enter orders with full stop loss and small position size.
- BTC has risen back close to 73000 at 4 AM today, at that time it was tough. Can't finalize.
- However, it also failed in pulling back the daily green candle.
- Because today is the end of the month, the way the candle closes like this is quite bad.
- BTC will rebound to the nearest support areas to continue breaking ATH next month.
- Important support levels: 714x, 70x, 692-695, the deepest could be the 66x range.
- The view is incorrect when BTC's price today closes above the 73x range. In general, today is the end of the month so anything can happen. Everyone should enter orders with full stop loss and small position size.