📉 Bitcoin Daily 📈
BTC closed above July weekly swing close 🔥 Multiple RSI on Month TF also shows bullishness, similar to what it had on March 2023 (after that BTC started it's bull run for ~278%). This chart is bullish, so whatever I write about pullbacks/dips, remember - I mean short term price action that is for buying.
Would be nice if Bitcoin dips to 65500-66500 and bounce back fast. That would allow to ad more to longs in both BTC and alts. The zone for potential wicks is around 63.5-64.5k - not sure how high are the chances for such a dip, but since it will surely bring panic to the market, it is absolutely possible.
Interesting week ahead. And very profitable months waiting for us 🤑 Just HODL! ✊🏼
Nearest liquidity pools:
above - 69405 / 70126 / 70795 / 71202
below - 68015 / 67760 / 67430 / 66718
Lines on the chart:
🔸64601 - July close
🔸63309 - September close
🔸62766 - June close
🔸58942 - August close
🔸57446 - day swing fractal
🔸56000 - September buy tail EQ
Trend: D 🔼 W ▶️ M ▶️
🤑 F&G: 72 < 73 < 72 < 73 < 71
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@WiseAnalyze #BTC #Bitcoin #important #ta
BTC closed above July weekly swing close 🔥 Multiple RSI on Month TF also shows bullishness, similar to what it had on March 2023 (after that BTC started it's bull run for ~278%). This chart is bullish, so whatever I write about pullbacks/dips, remember - I mean short term price action that is for buying.
Would be nice if Bitcoin dips to 65500-66500 and bounce back fast. That would allow to ad more to longs in both BTC and alts. The zone for potential wicks is around 63.5-64.5k - not sure how high are the chances for such a dip, but since it will surely bring panic to the market, it is absolutely possible.
Interesting week ahead. And very profitable months waiting for us 🤑 Just HODL! ✊🏼
Nearest liquidity pools:
above - 69405 / 70126 / 70795 / 71202
below - 68015 / 67760 / 67430 / 66718
Lines on the chart:
🔸64601 - July close
🔸63309 - September close
🔸62766 - June close
🔸58942 - August close
🔸57446 - day swing fractal
🔸56000 - September buy tail EQ
Trend: D 🔼 W ▶️ M ▶️
🤑 F&G: 72 < 73 < 72 < 73 < 71
Useful links: Alts Watchlist | Forex | Twitter | Instagram | YouTube
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@WiseAnalyze #BTC #Bitcoin #important #ta
📉 Wise Analyze 📈
📉 Bitcoin Daily 📈 BTC closed above July weekly swing close 🔥 Multiple RSI on Month TF also shows bullishness, similar to what it had on March 2023 (after that BTC started it's bull run for ~278%). This chart is bullish, so whatever I write about pullbacks/dips…
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#Bitcoin journey for the past 8.5 months 😂😭
📉 Wise Analyze 📈
📉 Bitcoin Daily 📈
NO RAID - NO TRADE. Easy to remember. Since no changes on the chart, today's BTC review will be educational.
What does this phrase actually mean? It means that without hunting for liquidity, price has no reasons to reverse from current trend/choppy stage. Where is liquidity? It can be found where most stops are, plus add to this liquidations for leveraged positions that don't place stops. All those people flexing with 50-200x leverage - they are the first in the line.
🚷20x leverage: You use 5% margin. To liquidate, the price needs to drop ~4.5% from the entry.
🚯50x leverage: You use 2% margin. Liquidation happens at ~1.8% drop from entry.
🚭100x leverage: You use 1% margin. Liquidation occurs at ~0.9% price drop.
🚱200x leverage: You use 0.5% margin. Price needs to drop ~0.45% to liquidate.
So lets assume these guys took very very good entries on the last dip to ~66536. Those with 200x will be liquidated at ~66245, with 100x at 65950, with 50x at 65350 and 20x at 63600. Obviously those 100-200x with worse entries, who jumped in FOMO way higher, were already wiped out.
So nothing to add to my weekend's forecast - 65500-66500 zone is the least we may expect. High chances for Day gap equilibrium at 64k.
Nearest liquidity pools:
above - 67580 / 67976 / 68175 / 68671
below - 66635 / 66287 / 65592 / 64600
Lines on the chart:
🔸66450 - September high
🔸64601 - July close
🔸63309 - September close
🔸62766 - June close
🔸58942 - August close
Trend: D 🔼 W ▶️ M ▶️
🤑 F&G: 70 < 72 < 73 < 72 < 73
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@WiseAnalyze #BTC #Bitcoin #important #ta
NO RAID - NO TRADE. Easy to remember. Since no changes on the chart, today's BTC review will be educational.
What does this phrase actually mean? It means that without hunting for liquidity, price has no reasons to reverse from current trend/choppy stage. Where is liquidity? It can be found where most stops are, plus add to this liquidations for leveraged positions that don't place stops. All those people flexing with 50-200x leverage - they are the first in the line.
🚷20x leverage: You use 5% margin. To liquidate, the price needs to drop ~4.5% from the entry.
🚯50x leverage: You use 2% margin. Liquidation happens at ~1.8% drop from entry.
🚭100x leverage: You use 1% margin. Liquidation occurs at ~0.9% price drop.
🚱200x leverage: You use 0.5% margin. Price needs to drop ~0.45% to liquidate.
So lets assume these guys took very very good entries on the last dip to ~66536. Those with 200x will be liquidated at ~66245, with 100x at 65950, with 50x at 65350 and 20x at 63600. Obviously those 100-200x with worse entries, who jumped in FOMO way higher, were already wiped out.
So nothing to add to my weekend's forecast - 65500-66500 zone is the least we may expect. High chances for Day gap equilibrium at 64k.
Nearest liquidity pools:
above - 67580 / 67976 / 68175 / 68671
below - 66635 / 66287 / 65592 / 64600
Lines on the chart:
🔸66450 - September high
🔸64601 - July close
🔸63309 - September close
🔸62766 - June close
🔸58942 - August close
Trend: D 🔼 W ▶️ M ▶️
🤑 F&G: 70 < 72 < 73 < 72 < 73
Useful links: Alts Watchlist | Forex | Twitter | Instagram | YouTube
Support this channel - sign up to BingX exchange with 20% discount on fees. Trade Crypto, Forex and Commodities all in one place 🔥
@WiseAnalyze #BTC #Bitcoin #important #ta
📉 Wise Analyze 📈
📉 Bitcoin Daily 📈 NO RAID - NO TRADE. Easy to remember. Since no changes on the chart, today's BTC review will be educational. What does this phrase actually mean? It means that without hunting for liquidity, price has no reasons to reverse from current…
📉 Bitcoin Daily 📈
Last Saturday I warned you that next week BTC will dip to that zone. And I kept reminding about it every day. It happened ✅ If I saved your pants or helped you make some money on shorts - you are welcome 🤝 Simple "like" will be enough.
From what I see now most probably there will be re-test of 66k. Even in a very bullish scenario most probably BTC won't pump straight away. It will consolidate here till November and only then start to expend.
And so even bullish scenario leaves high chances for Day gap equilibrium at 64k to get filled. But I am still very bullish on higher timefames ✊🏼
Nearest liquidity pools:
above - 68062 / 68561 / 69809 / 70121
below - 65788 / 65088 / 64444 / 63960
Lines on the chart:
🔸70081 - July high
🔸68300 - dev Year VWAP VAH
🔸66450 - September high
🔸64601 - July close
🔸63309 - September close
🔸62766 - June close
Trend: D 🔼 W ▶️ M ▶️
🤑 F&G: 69 < 70 < 72 < 73 < 72
Useful links: Alts Watchlist | Forex | Twitter | Instagram | YouTube
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@WiseAnalyze #BTC #Bitcoin #important #ta
Last Saturday I warned you that next week BTC will dip to that zone. And I kept reminding about it every day. It happened ✅ If I saved your pants or helped you make some money on shorts - you are welcome 🤝 Simple "like" will be enough.
From what I see now most probably there will be re-test of 66k. Even in a very bullish scenario most probably BTC won't pump straight away. It will consolidate here till November and only then start to expend.
And so even bullish scenario leaves high chances for Day gap equilibrium at 64k to get filled. But I am still very bullish on higher timefames ✊🏼
Nearest liquidity pools:
above - 68062 / 68561 / 69809 / 70121
below - 65788 / 65088 / 64444 / 63960
Lines on the chart:
🔸70081 - July high
🔸68300 - dev Year VWAP VAH
🔸66450 - September high
🔸64601 - July close
🔸63309 - September close
🔸62766 - June close
Trend: D 🔼 W ▶️ M ▶️
🤑 F&G: 69 < 70 < 72 < 73 < 72
Useful links: Alts Watchlist | Forex | Twitter | Instagram | YouTube
Support this channel - sign up to BingX exchange with 20% discount on fees. Trade Crypto, Forex and Commodities all in one place 🔥
@WiseAnalyze #BTC #Bitcoin #important #ta
📉 Wise Analyze 📈
📉 Bitcoin Daily 📈 Last Saturday I warned you that next week BTC will dip to that zone. And I kept reminding about it every day. It happened ✅ If I saved your pants or helped you make some money on shorts - you are welcome 🤝 Simple "like" will be enough. …
📉 Bitcoin Daily 📈
BTC bounced even higher than I expected, doing flash re-test of developing Year VWAP VAH from below. No luck on breakout on that attempt, but that had very low chances to happen - 4H formed very clear rejection.
First zone for potential bounce is around 67250. Kind of perfect scenario, which makes it very unlikely. Although I'd wish it would happen.
Second zone is around 65500 and that better be a strong bearish dump candle down there, so that it would liquidate all late longs and close that liquidity question once and for all. Then bounce to dev Y VAH again.
And the last scenario for the nearest future is continuation of correction in a form of second leg down to ~64k and possibly lower. That price action still fits into bullish market structure, but delays bullish days for several weeks.
Nearest liquidity pools:
above - 68902 / 69593 / 70115 / 70310
below - 66967 / 66335 / 65802 / 65091
Lines on the chart:
🔸70081 - July high
🔸68300 - dev Year VWAP VAH
🔸66450 - September high
🔸64601 - July close
🔸63309 - September close
🔸62766 - June close
Trend: D 🔼 W ▶️ M ▶️
🤑 F&G: 72 < 69 < 70 < 72 < 73
Useful links: Alts Watchlist | Forex | Twitter | Instagram | YouTube
Support this channel - sign up to BingX exchange with 20% discount on fees. Trade Crypto, Forex and Commodities all in one place 🔥
@WiseAnalyze #BTC #Bitcoin #important #ta
BTC bounced even higher than I expected, doing flash re-test of developing Year VWAP VAH from below. No luck on breakout on that attempt, but that had very low chances to happen - 4H formed very clear rejection.
First zone for potential bounce is around 67250. Kind of perfect scenario, which makes it very unlikely. Although I'd wish it would happen.
Second zone is around 65500 and that better be a strong bearish dump candle down there, so that it would liquidate all late longs and close that liquidity question once and for all. Then bounce to dev Y VAH again.
And the last scenario for the nearest future is continuation of correction in a form of second leg down to ~64k and possibly lower. That price action still fits into bullish market structure, but delays bullish days for several weeks.
Nearest liquidity pools:
above - 68902 / 69593 / 70115 / 70310
below - 66967 / 66335 / 65802 / 65091
Lines on the chart:
🔸70081 - July high
🔸68300 - dev Year VWAP VAH
🔸66450 - September high
🔸64601 - July close
🔸63309 - September close
🔸62766 - June close
Trend: D 🔼 W ▶️ M ▶️
🤑 F&G: 72 < 69 < 70 < 72 < 73
Useful links: Alts Watchlist | Forex | Twitter | Instagram | YouTube
Support this channel - sign up to BingX exchange with 20% discount on fees. Trade Crypto, Forex and Commodities all in one place 🔥
@WiseAnalyze #BTC #Bitcoin #important #ta
📉 Wise Analyze 📈
📉 Bitcoin Daily 📈 BTC bounced even higher than I expected, doing flash re-test of developing Year VWAP VAH from below. No luck on breakout on that attempt, but that had very low chances to happen - 4H formed very clear rejection. First zone for potential…
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📉 Bitcoin Daily 📈
BTC continues pushing higher towards the end of UPTOBER 🚀
Unless something very bearish happens within these last three days, month close should be very bullish. And while there is always a chance to start November with dips (to create at least a small buy tail on month chart), everything whispers that we may count on new ATH next month 🤑
For the dips in November most interesting zone is around 67-69k. Dropping below 65150 will break bullish market structure, but before that happens I have no intention to look into that scenario of future.
I've been stressing out that Market Structure remains bullish since HH formed on September 26th. Here is a hint 💡 You can easily unfollow everyone who was calling for 15-40k after that date - they are incompetent and unprofessional technical analysts 😉
Nearest liquidity pools:
above - 71980 / 72144 / 73836 / ATH
below - 70720 / 69942 / 69360 / 68777
Lines on the chart:
🔸73881 - March high (ATH)
🔸72890 - April high
🔸72144 - June high
🔸70081 - July high
🔸68392 - dev Year VWAP VAH
🔸66450 - September high
Trend: D 🔼 W ▶️ M ▶️
🤑 F&G: 72 < 72 < 74 < 72 < 69
Useful links: Alts Watchlist | Forex | Twitter | Instagram | YouTube
Support this channel - sign up to BingX exchange with 20% discount on fees. Trade Crypto, Forex and Commodities all in one place 🔥
@WiseAnalyze #BTC #Bitcoin #important #ta
BTC continues pushing higher towards the end of UPTOBER 🚀
Unless something very bearish happens within these last three days, month close should be very bullish. And while there is always a chance to start November with dips (to create at least a small buy tail on month chart), everything whispers that we may count on new ATH next month 🤑
For the dips in November most interesting zone is around 67-69k. Dropping below 65150 will break bullish market structure, but before that happens I have no intention to look into that scenario of future.
I've been stressing out that Market Structure remains bullish since HH formed on September 26th. Here is a hint 💡 You can easily unfollow everyone who was calling for 15-40k after that date - they are incompetent and unprofessional technical analysts 😉
Nearest liquidity pools:
above - 71980 / 72144 / 73836 / ATH
below - 70720 / 69942 / 69360 / 68777
Lines on the chart:
🔸73881 - March high (ATH)
🔸72890 - April high
🔸72144 - June high
🔸70081 - July high
🔸68392 - dev Year VWAP VAH
🔸66450 - September high
Trend: D 🔼 W ▶️ M ▶️
🤑 F&G: 72 < 72 < 74 < 72 < 69
Useful links: Alts Watchlist | Forex | Twitter | Instagram | YouTube
Support this channel - sign up to BingX exchange with 20% discount on fees. Trade Crypto, Forex and Commodities all in one place 🔥
@WiseAnalyze #BTC #Bitcoin #important #ta
📉 Wise Analyze 📈
📉 Bitcoin Daily 📈 BTC continues pushing higher towards the end of UPTOBER 🚀 Unless something very bearish happens within these last three days, month close should be very bullish. And while there is always a chance to start November with dips (to create…
📉 Bitcoin Daily 📈
BTC crossed all the highs left from 7 months consolidation and didn't reach ATH by tiny 0.3% 👌🏼 That will be very cruel, if BTC won't get there before any sort of pullback move. Seems impossible now. But on the other hand, isn't that what market supposed to do - crash majority's expectations? But....
Respect the momentum. Day candle closed bullish and gained enough momentum to push BTC price higher. Sure, that can be a local top, but to say that we should wait for that momentum to slow down which will result in doji/red candles on daily. But while we have strong bullish candles only, no sense in looking for the top.
The only thing that gives me cautious vibes is that Thursday will be the last day of this month and so Friday opens new month candle. I expect November to continue bullish momentum started in October, but before growing to 80-100k, BTC can dip to create a tiny small buy tail down to 69-70.5k
P.S. There is also a 1H CME gap at 67435-68185 - I don't usually zoom in that far, ignoring all gaps below Daily. But nevertheless worth mentioning.
Nearest liquidity pools:
above - 73252 / 73785 / ATH
below - 71652 / 71180 / 70467 / 69756
Lines on the chart:
🔸73881 - March high (ATH)
🔸72890 - April high
🔸72144 - June high
🔸70081 - July high
🔸68392 - dev Year VWAP VAH
🔸66450 - September high
Trend: D 🔼 W ▶️ M ▶️
🤑 F&G: 77 < 72 < 72 < 74 < 72
Useful links: Alts Watchlist | Forex | Twitter | Instagram | YouTube
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@WiseAnalyze #BTC #Bitcoin #important #ta
BTC crossed all the highs left from 7 months consolidation and didn't reach ATH by tiny 0.3% 👌🏼 That will be very cruel, if BTC won't get there before any sort of pullback move. Seems impossible now. But on the other hand, isn't that what market supposed to do - crash majority's expectations? But....
Respect the momentum. Day candle closed bullish and gained enough momentum to push BTC price higher. Sure, that can be a local top, but to say that we should wait for that momentum to slow down which will result in doji/red candles on daily. But while we have strong bullish candles only, no sense in looking for the top.
The only thing that gives me cautious vibes is that Thursday will be the last day of this month and so Friday opens new month candle. I expect November to continue bullish momentum started in October, but before growing to 80-100k, BTC can dip to create a tiny small buy tail down to 69-70.5k
P.S. There is also a 1H CME gap at 67435-68185 - I don't usually zoom in that far, ignoring all gaps below Daily. But nevertheless worth mentioning.
Nearest liquidity pools:
above - 73252 / 73785 / ATH
below - 71652 / 71180 / 70467 / 69756
Lines on the chart:
🔸73881 - March high (ATH)
🔸72890 - April high
🔸72144 - June high
🔸70081 - July high
🔸68392 - dev Year VWAP VAH
🔸66450 - September high
Trend: D 🔼 W ▶️ M ▶️
🤑 F&G: 77 < 72 < 72 < 74 < 72
Useful links: Alts Watchlist | Forex | Twitter | Instagram | YouTube
Support this channel - sign up to BingX exchange with 20% discount on fees. Trade Crypto, Forex and Commodities all in one place 🔥
@WiseAnalyze #BTC #Bitcoin #important #ta