LIVEVELOCITY2123
@WajidAliKhan
Asset Manager (Equiti Jordan) Tax Consultant (KHAN H R & Co)
Following
Followers
Liked
Shared
BITCOIN UPDATE
Our last two posts of 17-18 July working as per plan. The 64500-68500 range paid good profits testing twice both. Now we are into second phase 69993 Break / Reject. This phase will determine Macro price action whether it remains bullish or becomes bearish.
#BTCUSDT $BTC
#Write2Earn!
Our last two posts of 17-18 July working as per plan. The 64500-68500 range paid good profits testing twice both. Now we are into second phase 69993 Break / Reject. This phase will determine Macro price action whether it remains bullish or becomes bearish.
#BTCUSDT $BTC
#Write2Earn!
FORECAST ON LARGER SCALE
We have taken SNRs from A-Channel and D-Channel and SMC Supply zone 69993 as Point Of Impact.
As the chart is self explanatory, it is open for discussion. Lets find the Major Price Action together.
Good Luck!
#BTCUSDT $BTC #Write2Earn!
We have taken SNRs from A-Channel and D-Channel and SMC Supply zone 69993 as Point Of Impact.
As the chart is self explanatory, it is open for discussion. Lets find the Major Price Action together.
Good Luck!
#BTCUSDT $BTC #Write2Earn!
UPDATE! BTC ON THE MOVE
After staying in sideways trend at our last marked strong support 56500, Btc has broken the zone and now moving towards top of D-CHANNEL located at 68500. However we have marked 69993 as our last hope for sellers. Our observation zone for Break / Reject will be 64500 to 68500.
#BTCUSDT $BTC
#Write2Earn!
After staying in sideways trend at our last marked strong support 56500, Btc has broken the zone and now moving towards top of D-CHANNEL located at 68500. However we have marked 69993 as our last hope for sellers. Our observation zone for Break / Reject will be 64500 to 68500.
#BTCUSDT $BTC
#Write2Earn!
HOW TO ENTER A TRADE
SAVE YOUR EQUITI FIRST, PROFIT COMES LATER
The H4 TF chart was our work plan for few days posted in the past. We waited and keep observing and finally price got in the target zone and we switched our TFs to H1. At H1 we waited and observed that price made three attempts to break and made closes with a perfect top wick but the confirmation candle kept closing as bull candle. All the three attempts failed and finally price broke the resistance.
The breaking of resistance made it support but again we didn't get the bottom wick closed candle and also the confirmation candle broke the support.
The price didn't act as we have planned so no entry was taken. The work plan stands Null and Void. Euiti remained saved and we remained out of stress. This is the key point for success that is to have Patience and Discipline.
We are working on our new work plan on the basis of current SNR 63500-750.
DO NOT TURN YOUR TRADES INTO GAMBLING.
Good Luck!
#BTCUSDT $BTC #Write2Earn!
SAVE YOUR EQUITI FIRST, PROFIT COMES LATER
The H4 TF chart was our work plan for few days posted in the past. We waited and keep observing and finally price got in the target zone and we switched our TFs to H1. At H1 we waited and observed that price made three attempts to break and made closes with a perfect top wick but the confirmation candle kept closing as bull candle. All the three attempts failed and finally price broke the resistance.
The breaking of resistance made it support but again we didn't get the bottom wick closed candle and also the confirmation candle broke the support.
The price didn't act as we have planned so no entry was taken. The work plan stands Null and Void. Euiti remained saved and we remained out of stress. This is the key point for success that is to have Patience and Discipline.
We are working on our new work plan on the basis of current SNR 63500-750.
DO NOT TURN YOUR TRADES INTO GAMBLING.
Good Luck!
#BTCUSDT $BTC #Write2Earn!
BTCUSDT TARGET WITHIN RANGE
Wait for Reject or Break with confirmation candle
#BTCUSDT $BTC #Write2Earn!
$BTC
Wait for Reject or Break with confirmation candle
#BTCUSDT $BTC #Write2Earn!
$BTC
#BTCUSDT $BTC #Write2Earn!
$BTC
BITCOIN ON TARGET!
Get ready to make the move, BTC is on target 63500-750. We will monitor candles in H1 TF to see a rejection with a wick on top and followed by a bearish candle as confirmation.
On the other handle if the candle break this zone without a wick followed by a bullish candle both closing above it then this supply area (resistance) will act as demand area (support).
Good Luck!
$BTC
BITCOIN ON TARGET!
Get ready to make the move, BTC is on target 63500-750. We will monitor candles in H1 TF to see a rejection with a wick on top and followed by a bearish candle as confirmation.
On the other handle if the candle break this zone without a wick followed by a bullish candle both closing above it then this supply area (resistance) will act as demand area (support).
Good Luck!
#BTCUSDT $BTC #Write2Earn!
BTCUSDT UPDATE !
There are possibilities growing and dying every 24Hrs. We have to keep track of price action in a suitable time frame. For us H4 acts as a backbone for Intraday and Swing both. A newly developed candlestick patterns signaling more of a bullish movement but after finding a good bottom.
To our limited knowledge that bottom could be 50750 for swing and 55750 for Intraday. Moreover, our Point of Impact is also 55750 and equilibrium telling us that if we remain below it, then we might test 50750. On the other hand if we remain above it then 63500 might be tested.
Compare your work with our and if you find similarities with our marked SNRs (Support and Resistance) then plan your work and make your move. Always use Stop Loss and do Money Management.
Good Luck!$BTC
BTCUSDT UPDATE !
There are possibilities growing and dying every 24Hrs. We have to keep track of price action in a suitable time frame. For us H4 acts as a backbone for Intraday and Swing both. A newly developed candlestick patterns signaling more of a bullish movement but after finding a good bottom.
To our limited knowledge that bottom could be 50750 for swing and 55750 for Intraday. Moreover, our Point of Impact is also 55750 and equilibrium telling us that if we remain below it, then we might test 50750. On the other hand if we remain above it then 63500 might be tested.
Compare your work with our and if you find similarities with our marked SNRs (Support and Resistance) then plan your work and make your move. Always use Stop Loss and do Money Management.
Good Luck!$BTC
#BTCUSDT $BTC
MARK YOUR WAY POINTS
Although we are still in D-Channel and Bitcoin is in Sideways motion, we have found a new development in the price action. We treat H4 TF as backbone for Swing and as well as Intraday Trade Style.
These new and old SNRs may help us to determine our entry areas. Break or rejection with a confirmation candle. In case of swing use H1 TF and for Intraday utilize 5min TF.
Good Luck!
#Write2Earn!
MARK YOUR WAY POINTS
Although we are still in D-Channel and Bitcoin is in Sideways motion, we have found a new development in the price action. We treat H4 TF as backbone for Swing and as well as Intraday Trade Style.
These new and old SNRs may help us to determine our entry areas. Break or rejection with a confirmation candle. In case of swing use H1 TF and for Intraday utilize 5min TF.
Good Luck!
#Write2Earn!
#BTCUSDT $BTC
THE U TURN OF BTC
The formation of DB at 53xxx stands null and void however the price took the U turn before testing it and breaks 58300. No problem, No entry is also part of trading and also considered as a position like buy or sell.
However the FVG of 52-54 is still alive and simply we cannot ignore it. Provided we are still in the D-Channel. The nearest of immediate resistance now is 60500 again. Sma176 D1 TF is also present there. If a candle in H1 TF receives a rejection and closes under it with another bearish candle closing under it acting as a confirmation candle, a Medium Risk Sell entry is there. If a miracle happens, Sma44 Sma176 and the Mid Bone now at 62300, all three came at the same point to resist the price (Even two of them) then it will be a Low Risk Sell.
Good Luck !
#Write2Earn!
THE U TURN OF BTC
The formation of DB at 53xxx stands null and void however the price took the U turn before testing it and breaks 58300. No problem, No entry is also part of trading and also considered as a position like buy or sell.
However the FVG of 52-54 is still alive and simply we cannot ignore it. Provided we are still in the D-Channel. The nearest of immediate resistance now is 60500 again. Sma176 D1 TF is also present there. If a candle in H1 TF receives a rejection and closes under it with another bearish candle closing under it acting as a confirmation candle, a Medium Risk Sell entry is there. If a miracle happens, Sma44 Sma176 and the Mid Bone now at 62300, all three came at the same point to resist the price (Even two of them) then it will be a Low Risk Sell.
Good Luck !
#Write2Earn!
#BTCUSDT $BTC
DB POSSIBLE PATTERN FORMING IN H4 TF
As per observation price breaks 56500 and then came back to retest it. Mean while it was also intimated that it may go into hibernation for a while it happened also. Further we were waiting for the FVG above it to be filled and finally it was filled.
Now there is a possible Double Bottom formation is initiating that may lead to price test immediate low of 53xxx level and get support from it making a perfect double bottom there. We have to wait further for two days for its completion and trigger. There are two positions of buys, one at bottom 53xxx and other at the break point 58300.
NOTE:- Price may not go exactly as patternized and there is always a space for ups and down ( I keep $300 +/-) for my observations. We can only observe the possibilities to pick a high probability trade.
Good Luck !
#Write2Earn!
DB POSSIBLE PATTERN FORMING IN H4 TF
As per observation price breaks 56500 and then came back to retest it. Mean while it was also intimated that it may go into hibernation for a while it happened also. Further we were waiting for the FVG above it to be filled and finally it was filled.
Now there is a possible Double Bottom formation is initiating that may lead to price test immediate low of 53xxx level and get support from it making a perfect double bottom there. We have to wait further for two days for its completion and trigger. There are two positions of buys, one at bottom 53xxx and other at the break point 58300.
NOTE:- Price may not go exactly as patternized and there is always a space for ups and down ( I keep $300 +/-) for my observations. We can only observe the possibilities to pick a high probability trade.
Good Luck !
#Write2Earn!
#BTCUSDT $BTC
BITCOIN AT SIDEWAYS
There is no significant pattern to determine the price action rite now. Bitcoin may go into hibernation for a while (Sideways). However it respected our forecasted path and as retracement it came back to retest 56500. The FVGs on both sides are still unfilled as marked in our prev chart.
Waiting with patience and discipline is the key to prosperity.
Good Luck!
#Write2Earn!
BITCOIN AT SIDEWAYS
There is no significant pattern to determine the price action rite now. Bitcoin may go into hibernation for a while (Sideways). However it respected our forecasted path and as retracement it came back to retest 56500. The FVGs on both sides are still unfilled as marked in our prev chart.
Waiting with patience and discipline is the key to prosperity.
Good Luck!
#Write2Earn!
#BTCUSDT $BTC
TOO MUCH DISTURBANCE IN BITCOIN
As we have indicated that if price breaks 56500 (Due to marked FVG) then it may retest 56500 to get rejection and continue its decline towards 49-50 xxx immediate support. Now price has come exactly as traced in the prev chart and now retesting 56500 but again there is an FVG above it that can make the difference and we may go further above to test our old tested SNR 60500.
Waiting with patience and discipline is the key to success. Don't gamble your trade.
Good Luck!
#Write2Earn!
TOO MUCH DISTURBANCE IN BITCOIN
As we have indicated that if price breaks 56500 (Due to marked FVG) then it may retest 56500 to get rejection and continue its decline towards 49-50 xxx immediate support. Now price has come exactly as traced in the prev chart and now retesting 56500 but again there is an FVG above it that can make the difference and we may go further above to test our old tested SNR 60500.
Waiting with patience and discipline is the key to success. Don't gamble your trade.
Good Luck!
#Write2Earn!
#BTCUSDT $BTC
BITCOIN UPDATE
Straight Stop Loss hit giving no chance to BE. Profit & Loss are the part and parcel of trading. Well, we have already discussed in our prev post that if this support is broken hitting the stop loss at 55500 then waiting for retest at 56500 will be in plan.
Also intimated in the prev chart about the FVG shown is playing its part. Price is hovering around it to fill the gap at our new support 49-50xxx.
That medium risk sell at 59xxx stands null and void now.
Good Luck!
#Write2Earn!
BITCOIN UPDATE
Straight Stop Loss hit giving no chance to BE. Profit & Loss are the part and parcel of trading. Well, we have already discussed in our prev post that if this support is broken hitting the stop loss at 55500 then waiting for retest at 56500 will be in plan.
Also intimated in the prev chart about the FVG shown is playing its part. Price is hovering around it to fill the gap at our new support 49-50xxx.
That medium risk sell at 59xxx stands null and void now.
Good Luck!
#Write2Earn!
#BTCUSDT $BTC
LAST HOPE FOR BUYERS
Bitcoin is about to test its strongest support at 56500 (+/-$300). The chart is self explanatory. Both of the bottom lines of D-channel and Int Bearish Channel are aligned at this point. If this holds then next immediate resistance will be 62300-63300 top line of Int bearish chnl and Mid Bone of D-Channel.
On the other hand if in case this support get broken then we have to wait for the price to test this support gone resistance and get a rejection from it to head towards 50500.
CONCLUSION : I will try to find a buy entry around 56500 (+/-$300) with a stop loss at 55500. If the stop loss hits and support gets broken then will wait to retest the price back to 56500 to receive rejection. Then a sell entry can be obtain taking 56500 as resistance.fd
NOTE:- To avoid stop loss hitting, we can replace our stop loss and set it at entry point after having in profit of 2-3%. In this manner we may have another chance to re-enter and keep our equity save.
Good Luck!
#Write2Earn!
LAST HOPE FOR BUYERS
Bitcoin is about to test its strongest support at 56500 (+/-$300). The chart is self explanatory. Both of the bottom lines of D-channel and Int Bearish Channel are aligned at this point. If this holds then next immediate resistance will be 62300-63300 top line of Int bearish chnl and Mid Bone of D-Channel.
On the other hand if in case this support get broken then we have to wait for the price to test this support gone resistance and get a rejection from it to head towards 50500.
CONCLUSION : I will try to find a buy entry around 56500 (+/-$300) with a stop loss at 55500. If the stop loss hits and support gets broken then will wait to retest the price back to 56500 to receive rejection. Then a sell entry can be obtain taking 56500 as resistance.fd
NOTE:- To avoid stop loss hitting, we can replace our stop loss and set it at entry point after having in profit of 2-3%. In this manner we may have another chance to re-enter and keep our equity save.
Good Luck!
#Write2Earn!
#BTCUSDT $BTC
BITCOIN APPROACHING THE TARGET 56500
As per our last post last message to BE the trades entries around 59144 have been closed by half TP and half hitting the BE. The result is coming, we are heading towards our target bottom of D-Channel at 56500.
We have to look around at 360 degree in the market as it moves in zig zag pattern and never go straight. That is the reason we look for small opportunities to pick in the way.
Now, there is a buy chance around 56500-56000 but if the stop loss gets hit 55500 then there is a great chance that price might test the bottom line of D-Channel and gets rejection from it to head towards 50500. Further to elaborate, but it will be before time, 49500 will be the strongest support in larger time frames.
On the other side if the bottom of D-channel rejects the price and make bounce to head towards top of this channel then our immediate resistance will be at Sma200 60000.
Good Luck!
#Write2Earn!
BITCOIN APPROACHING THE TARGET 56500
As per our last post last message to BE the trades entries around 59144 have been closed by half TP and half hitting the BE. The result is coming, we are heading towards our target bottom of D-Channel at 56500.
We have to look around at 360 degree in the market as it moves in zig zag pattern and never go straight. That is the reason we look for small opportunities to pick in the way.
Now, there is a buy chance around 56500-56000 but if the stop loss gets hit 55500 then there is a great chance that price might test the bottom line of D-Channel and gets rejection from it to head towards 50500. Further to elaborate, but it will be before time, 49500 will be the strongest support in larger time frames.
On the other side if the bottom of D-channel rejects the price and make bounce to head towards top of this channel then our immediate resistance will be at Sma200 60000.
Good Luck!
#Write2Earn!
#BTCUSDT $BTC
BITCOIN AT STRONG SUPPORT
I want it ! I wanna try it ! 59950 support of Sma200 and immediate last low at 58333 are the points to be calculated. If we take the mean value that will ve 59142 +/-$300.
Good Luck!
#Write2Earn!
BITCOIN AT STRONG SUPPORT
I want it ! I wanna try it ! 59950 support of Sma200 and immediate last low at 58333 are the points to be calculated. If we take the mean value that will ve 59142 +/-$300.
Good Luck!
#Write2Earn!
#BTCUSDT $BTC
BTCUSDT FINAL DECISSION
If we observe our previous charts and combine them with current situation, Btc is respecting our path. 60500 broken and now it is at 59xxx. Price have bounced back from these supports in the past and didn't allow price to test our target 56500. It is at the support level of Sma200 D1 TF rite now and lets C what happens at the closure of the day this time. Our Intraday set up is on the way going well we are in no hurry.
#Write2Earn!
BTCUSDT FINAL DECISSION
If we observe our previous charts and combine them with current situation, Btc is respecting our path. 60500 broken and now it is at 59xxx. Price have bounced back from these supports in the past and didn't allow price to test our target 56500. It is at the support level of Sma200 D1 TF rite now and lets C what happens at the closure of the day this time. Our Intraday set up is on the way going well we are in no hurry.
#Write2Earn!
#BTCUSDT $BTC
POINT OF IMPACT
This is the bird eye view of what is happening and what might happen with the price action. We have marked two major channels ascending channel (A-Channel) descending channel (D-Channel). Further, for more precise move we have taken two more minor channels Int Bullish Channel and Int Bearish Channel. The price is moving between Sma200 and Sma44 with a Golden Cross to determine Bullish Trend in larger Time Frames.
We have been observing the movement since March 2024 that lead us to create these channels for us. Now as per our observation Bitcoin is at the point of impact to decide its major movement. The box made by Int channels made us see this impact. If any of these Int channels are followed by the price then we might see the top or bottom by the end of this month.
Lets trade with patience and discipline and try to catch the tail of this Devil.
Good Luck !
#Write2Earn!
POINT OF IMPACT
This is the bird eye view of what is happening and what might happen with the price action. We have marked two major channels ascending channel (A-Channel) descending channel (D-Channel). Further, for more precise move we have taken two more minor channels Int Bullish Channel and Int Bearish Channel. The price is moving between Sma200 and Sma44 with a Golden Cross to determine Bullish Trend in larger Time Frames.
We have been observing the movement since March 2024 that lead us to create these channels for us. Now as per our observation Bitcoin is at the point of impact to decide its major movement. The box made by Int channels made us see this impact. If any of these Int channels are followed by the price then we might see the top or bottom by the end of this month.
Lets trade with patience and discipline and try to catch the tail of this Devil.
Good Luck !
#Write2Earn!
#BTCUSDT $BTC
BITCOIN ON THE MOVE
The observation for new Int bullish chnl is going well including that small Intraday setup that moves good as well. Now we are at the edge of making this Int chnl bounce back to its top line or get broken towardsour targeted area 56500
The entry point for a buy is on rejection from Sma44 H4 TF 61500 and a bullish candle closing above it (The confirmation candle). On the other side if this support Sma44 61500 gets break and the confirmation bearish candle closing below it then we may go for sell. Note: I use H1 TF for entry purpose break rejection and confirmation
Good Luck !
#Write2Earn!
BITCOIN ON THE MOVE
The observation for new Int bullish chnl is going well including that small Intraday setup that moves good as well. Now we are at the edge of making this Int chnl bounce back to its top line or get broken towardsour targeted area 56500
The entry point for a buy is on rejection from Sma44 H4 TF 61500 and a bullish candle closing above it (The confirmation candle). On the other side if this support Sma44 61500 gets break and the confirmation bearish candle closing below it then we may go for sell. Note: I use H1 TF for entry purpose break rejection and confirmation
Good Luck !
#Write2Earn!
Explore the latest crypto news
âĄïž Be a part of the latests discussions in crypto
đŹ Interact with your favorite creators
đ Enjoy content that interests you
Email / Phone number
Trending Topics
Token2049
17.3M views
7,964 Posts
đš JUST IN : BREAKING đš
âŒïžFOMC : UPDATE âŒïž
- THE FED CUT RATES BY 50 BASIS POINTS TO 4.75%.
-THE RATE CUT WAS LARGER THAN EXPECTED, WITH MANY EXPECTING A 25 BASIS POINT REDUCTION.
- FUTURE CUTS ARE LIKELY BUT EXPECTED TO BE SMALLER.
-THE DECISION REFLECTS COOLING INFLATION AND A MORE BALANCED ECONOMIC OUTLOOK.
- NEXT POLICY UPDATE WILL BE IN NOVEMBER
#Token2049 #FOMC #BinanceLaunchpoolHMSTR #NeiroOnBinance #BinanceLaunchpoolCATI
Lionheart_Crypto
37 Likes
29.9k views
FOMC
23,872 views
22 Posts
BinanceLaunchpoolHMSTR
28.2M views
11,176 Posts
