BTC/USD Mid-term. Important zone.

٢٣ يوليو ٢٠٢١

Timeframe - 1 day. This chart clearly shows what the 30,000 level zone is and why it is so important, and for the second month there is its retention in the local channel. This zone acts as a "neck" level of the figure of technical analysis "head and shoulders". If this zone will be broken through and the formation will work out its price target, thereby the descending wedge in a small trend (3 months) will be completely formed.

I would like to point out that during the market dump at the end of 2018, everyone similarly waited for the price to drop to the highs of 2013, just like now to the highs of 2017, in the end they didn't wait. But there is a possibility that short term the price could reach those values. No one knows exactly how it will be, even those who "plan" and influence the price, because the world is global and everything is interconnected. Any event of "people driven by fear and uncertainty about the future" pulls everything along in a domino effect. In trading, there are only probabilities, more or less probable. But there is no doubt that BTC as a "recognizable brand of the process" and following it the entire cryptocurrency market will evolve. At the peak before the sunset, even a homeless person should know about BTC and XRP. This is not that period.

Also pay attention to the change in trading volume over the past 3 months.

In what zone is it more rational to buy BTC if you are not a trader? This applies to real and imaginary "investors" (gore-traders). It may be more rational to buy (plan) in both zones, but mostly in the more likely price reversal zone, as you think. At least learn to think and make decisions on your own, without outside influence.

If, say, you buy now with some of the allotted money. The price has not fallen below. From that zone, the rise has begun. You will have an asset + unallocated money.

If you bought with part of your allotment now, but then the price collapsed, you have money left over to buy in the next reversal zone.

Your average purchase price will be between these two zones, but it also depends on how much volume you bought in zones 1 and 2. If the volume is 50/50, it will be the average between the two zones. Let me remind you that this is for those who are not traders at all.

Traders, in my opinion, should not be doing this, as much as they can rationalize money and market situations. Make money on volatility.

٢٥ يوليو ٢٠٢١

ملاحظة

+10% at the moment c resistance of the downtrend secondary

٢٦ يوليو ٢٠٢١

ملاحظة

+26% to the indicated local resistance level (yellow) Important resistance zone.

٢٩ يوليو ٢٠٢١

ملاحظة

The price is held in the channel resistance zone, which acts as a reversal or trend continuation zone. Target local levels on the chart.

BTC and altcoins.
The price overcomes the resistances and heads to the first local target - "positive news diarrhea" and alternately the medium liquid altcoins will shoot. Sell them without hesitation on each impulse, do not wait for super profits, not yet time.

If this channel resistance is not broken and the price does not consolidate above it and a pullback occurs - the alts will flow. Especially, those that are now this week have increased in price locally. If you trade short-term or medium-term, protect your local profit, taking into account the intraday volatility of the instrument and the percentage of profit.

١ أغسطس ٢٠٢١

ملاحظة

+33% from breaking the secondary downtrend and reversing. The price at the moment is above the resistance of the horizontal channel 40004$. Potential price development from the outcome of trading situations in this zone showed earlier. Always protect your profits and have a plan for both the more likely outcome of the trading situation in your opinion, and the less likely one. If you don't have any thoughts - take a rest, the market will not run away from you. This concerns not only BTC, but also altcoins. Having a plan, you will not care where the price will go (you can short without work), because you will always win. Greedy, scared, stupid and led by the mass media "for fools" have nothing to do in this market, they will always lose (but, thanks to such random characters, the market is super profitable). Knowledge + experience=result

١٨ أغسطس ٢٠٢١

ملاحظة

+53% since the secondary trend reversal. +29% since last update. The price is in the 3rd phase of the formation of a 90% cup. The target zone in case of complete formation of the formation and its full working out is 113-114 thousand. Now there is a local correction after the second wave of growth from the reversal of the secondary trend. The price is kept in the zone 44.

Important zones marked with arrows, on which further local development of price movement depends:
1) further formation of the cup of its third phase, that is, movement to its resistance in case of a breakdown of the downtrend (red).
2) From this downtrend (local maximums) already forming a downward movement ("handle" to the cup).
3) Extremely negative scenario is the formation of a large descending channel and a wave to its lower part. I marked this potential channel in birch color. If it happens (it is unlikely, but it exists), then from the dynamic support of the channel, in any case, it is already a very strong price growth.

٧ سبتمبر ٢٠٢١

ملاحظة

Local work +18.76% c last update, exactly to the level of $53,000 from it plum to 44551 (to the downtrend). C reversal of the secondary trend +67% Takeout it or a local reversal depends in what zone will stop the decline (important for further trend formation).

Important support levels (zones):
1) downtrend zone (where the squeeze was)
2) the 40000 zone.
3) the critical support zone is the dynamic secondary trend support (green).

BTC was followed by alts with reactive speed. Always protect your profits and don't get greedy...

Translated with DeepL.com/Translator (free version)

٢٧ أكتوبر ٢٠٢١

ملاحظة

٢٠ ديسمبر ٢٠٢١

ملاحظة

٢٠ ديسمبر ٢٠٢١

ملاحظة

The price moves further in the falling wedge zone. The pressure is getting harder. Negative FUD starts again as background for price direction. A breakout of the local downtrend (purple) will mean a reversal of the market (all alts are the same). By the way, there is now a fractal similarity with the last (September) local fall.

For many market participants, it is especially indifferent to gain the main part of the position at $ 42,000 or $ 48,000, like in 2018 at $ 3100 or $ 4072. Since then, the price has increased many times, even now on the correction it is at 10X

What do you think, after 2 years, when the price increased 10 times, there is a significant difference who bought BTC at $ 3200 or $ 3500? I think not, but the waiters who were waiting for $ 1100 and even a repetition of $ 3100 remained "offended". I don’t think that stupid market participants who didn’t make their purchases bought on the "stick-out" waiters + 18% per hour and + 28% the next day. Many then were already waiting for a return back to the accumulation zone, even to the upper values, but alas - to buy a little lower, as well as to sell a little higher, generates disappointment and poverty ...

Some analysts with a huge number of speculative followers predict the price drop in this local correction to $ 36,600 and even lower. By the way, in 2018, in accumulation, they predicted a fall in the price of their sects to the highs of 2014, that is, by $ 1100

٢٤ ديسمبر ٢٠٢١

ملاحظة

About 9% since the breakout of the downward wedge resistance from 21 12 21. Price has reached locally a resistance level of 50666. A fractal similarity as in the past secondary trend. The alts market followed by BTC came to life. Some have started to pump (beginnings of moves).