See original
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 ✌️
See original
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 ✊
-
See original
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.
See original
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.
See original
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✊
See original
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 ✊
LIVEDJRain1989
--
Bullish
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.
See original
Quick BTC update on the night of October 30:
- BTC just closed a very nice 1H candle.
- Maybe 70x is too much for everyone to wait for so it only recovered to 714x
- STILL view up to 73x and even break the peak today and tomorrow, everyone
- View wrong when the 1H candle closes below 71400
- BTC just closed a very nice 1H candle.
- Maybe 70x is too much for everyone to wait for so it only recovered to 714x
- STILL view up to 73x and even break the peak today and tomorrow, everyone
- View wrong when the 1H candle closes below 71400
See original
Quick update on BTC 30/10:
- Yesterday BTC pushed the price up to 636x, about 200-300 points away from the old peak, and had a slight pullback of nearly 2k points down to the 618x region.
- This month only has today and tomorrow left for candle closing, so I think BTC will try to push the price up as high as possible.
- Therefore, I think today and tomorrow BTC will break the peak of 737x before having a deeper adjustment later.
- Misjudgment if there are 1H - 4H candles closing below 71800.
- Yesterday BTC pushed the price up to 636x, about 200-300 points away from the old peak, and had a slight pullback of nearly 2k points down to the 618x region.
- This month only has today and tomorrow left for candle closing, so I think BTC will try to push the price up as high as possible.
- Therefore, I think today and tomorrow BTC will break the peak of 737x before having a deeper adjustment later.
- Misjudgment if there are 1H - 4H candles closing below 71800.
See original
Warning corner $BTC late night 29/10 :
- The market is rising very quickly and shows no signs of adjustment, leaving a lot of gaps.
- Therefore, panic selling is very likely. So be careful, everyone.
- Panic selling often has candles with a few thousand in price; 5-6k is normal, so be careful and place orders in advance.
- This warning is not unnecessary!
- The market is rising very quickly and shows no signs of adjustment, leaving a lot of gaps.
- Therefore, panic selling is very likely. So be careful, everyone.
- Panic selling often has candles with a few thousand in price; 5-6k is normal, so be careful and place orders in advance.
- This warning is not unnecessary!
See original
- Close the view sw 60-62 guys.
- BTC goes up like this, it's easy to break 63 overnight. At this point, if you miss the Long train, just sit outside
- I thought it would sw 1 night to eat a few rounds and then it would become a pillar 🥲
- BTC goes up like this, it's easy to break 63 overnight. At this point, if you miss the Long train, just sit outside
- I thought it would sw 1 night to eat a few rounds and then it would become a pillar 🥲
See original
Quick update $BTC on October 29 :
- BTC has broken the resistance line at 695x and is moving towards breaking the all-time high.
- All timeframes are looking very good, so don't short the train.
- You can consider going Long in the 70000-70500 range.
- Expect to break 73x this week, guys.
- Wrong assessment if there is a 1H-4H candle closing below 69300
- BTC has broken the resistance line at 695x and is moving towards breaking the all-time high.
- All timeframes are looking very good, so don't short the train.
- You can consider going Long in the 70000-70500 range.
- Expect to break 73x this week, guys.
- Wrong assessment if there is a 1H-4H candle closing below 69300
See original
Quick update $BTC late night 28/10 :
- Cancel the view to 66x okay guys
- The BTC frames are looking very good. High possibility it will break up to 70-71 soon
- This view will be canceled when the 4H candle closes below 68500
- Cancel the view to 66x okay guys
- The BTC frames are looking very good. High possibility it will break up to 70-71 soon
- This view will be canceled when the 4H candle closes below 68500
See original
Quick update on BTC for the week of 28/10-3/11:
- I'm busy with a few things, so I'm just giving a quick update on BTC for everyone. The detailed analysis will be provided in a few days.
- This week, BTC tried to pull back but failed, and the weekly candle closed red. Therefore, there will definitely be a test of the 66x area.
- However, the 12H & D1 candles are looking very good. Thus, I believe BTC will rise to the 69x area and then continue to adjust back to the 66x area one last time before pumping.
- In general, it will still oscillate in the 66-69 range. However, I think this weekend or next week it will break through this area. I lean towards BTC pumping more.
Wishing everyone good luck and hoping for a significant percentage increase in accounts.
- I'm busy with a few things, so I'm just giving a quick update on BTC for everyone. The detailed analysis will be provided in a few days.
- This week, BTC tried to pull back but failed, and the weekly candle closed red. Therefore, there will definitely be a test of the 66x area.
- However, the 12H & D1 candles are looking very good. Thus, I believe BTC will rise to the 69x area and then continue to adjust back to the 66x area one last time before pumping.
- In general, it will still oscillate in the 66-69 range. However, I think this weekend or next week it will break through this area. I lean towards BTC pumping more.
Wishing everyone good luck and hoping for a significant percentage increase in accounts.
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Trending Topics
BTCBreaks80KATH
630,013 views
0 Posts
Bitcoin (BTC) Surpasses 80,000 USDT with a 4.60% Increase in 24 Hours
Binance News
39 Likes
47.7k views
BIOProtocol
8.2M views
2,687 Posts
FedRateStrategy
9M views
2,997 Posts
