Btc_usd
Fear/Greed Index = NEUTRAL ✅As many of you guys know closely look at the Fear/Greed Index indicator when trading the crypto market and i try to allign the technical analysis with the sentiment analysis because crypto market is very emotional and many moves are based on the emotions either it's fear/greed or anything else.
For today the 04.02.2022 FEAR/GREED index indicator is located at a NEUTRAL area meaning we have no ENTRY, the RETAIL HEARD is not in a GREED or a FEAR Sentiment so there is no trading opportunity based on this market analysis tool, let's wait for the btc drop somewhere around 45k - 42.5k in those areas there is a high probability the tool will be somewhere around 40-50 FEAR area so that will be a good LONG ENTRY.
✅ Why Measure Fear and Greed?
The crypto market behaviour is very emotional. People tend to get greedy when the market is rising which results in FOMO (Fear of missing out). Also, people often sell their coins in irrational reaction of seeing red numbers. With our Fear and Greed Index, we try to save you from your own emotional overreactions. There are two simple assumptions:
✅ Extreme fear can be a sign that investors are too worried. That could be a buying opportunity.
✅ When Investors are getting too greedy, that means the market is due for a correction.
Therefore, we analyze the current sentiment of the Bitcoin market and crunch the numbers into a simple meter from 0 to 100. Zero means "Extreme Fear", while 100 means "Extreme Greed". See below for further information on our data sources.
What do you think ? Do you use this market tool ?
Bitcoin - Update ✅All the trades from the previous posts hit the TAKE PROFIT AREAS, i am still bullish on BITCOIN but right now i dont think we have a good entry area. I would like to wait the price somewhere around 45000$ or the w1 imbalance + bullish orderblock area on H4 somewhere around 42.500$ institutional figure.
From a market seasonality standpoint we are very BULLISH the incoming 3 months, look to only LONG in those periods.
What do you think? Where do you see BTC?
Trying New Indicators BTCUSDAn update for BTCUSD using a few new indicators
On the RedK VADER it can be seen we are at a bottom point
The McDonalds Pattern Indicator shows we have a nice support point
The Average lines allows a comparison to be drawn to a previous point in BTC's evolution, in which I think we will see price action following to be similar
BTC retest the important area BTC / USDT
BTC recently made the breakout through resistance
Now its retesting the same area but this time as a support
1– If this S/R area hold for next few days expect a rally to next targets in my chart and altcoins will follow …
2– If BTC lost this area (around 44k) by daily candle closure, will favor bears to enter the market again
Be ready for both scenarios
Don’t forget to like my idea for more
Thanks
BTC / USDTAs you can see in the chart in 2H time frame BTC broke its pattern in my opinion if it can break and close under the LL we can see the movement till 45 to the GOLDEN ZONE of fibro
if it can hold 45 we will move up again , if not we will go down
This is not financial advice it's just my personal opinion
DO NOT FORGET TO USE STOP LOSS
BITCOIN SHORTS RISK-ENTRY 📉📉📉📉 Expecting bearish price action on BITCOIN on a short term basis, this is a CT trade- counter trend trade with the aim to fill the huge bullish imbalance aka price inefficiency. Long term trades on BTC should be only LONGS. FEAR/GREED index already moved into GREED meaning the retail traders are entering the trade on a FOMO basis.
As this is a risk entry please use the lower risk per trade as you are usually use on your PT pro trend trades.
What do you think ? We go lower ?
Bitcoin Long setup with 6 R/R, Huge profit coming...Hello friends...
a good long position with a good risk to reward ratio is here for you. R/R is 6.
BTC is now supported by 3D broken bear base, curve trend and EMA200.
Major Resistances are weekly bear base and MA200.
I expect Bearish Divergence in RSI and after that supporting by up trend.
please ask your questions in comments.
Btc up or down game Which way is it going comment opinions below. I think we are going down for a Bart like we had previously this would make 3 barts in a row I'm thinking bullish momentum. Waiting for the break or dump on the horizontal resistance and support then that will help me on my alt positions I'm in right now. I want to know what you think.
Active trading and volume analysisThere are two biggest volumes that are at the very bottom of the movement and that push the price up, there is such a thing, the trend will continue until these volumes are interrupted by larger volumes, while they must be at the top of the trend...
- Rising volume indicates the determination of sellers and buyers to push the price down or up, respectively. For example, if in an uptrend volume rises on a price move higher, this indicates that buyers are very willing to buy and the upward movement will continue.
- A trend can continue for a long time and on decreasing volumes, but usually decreasing volume during a trending price movement indicates a weakening of the trend. For example, if the trend is up, but the volume is steadily decreasing, this indicates that fewer people are willing to buy and push the price up. However, this trend will not change until the sales volumes exceed the buying volumes.
- Ideally, the volume should be more when the price moves in the direction of the trend, and less when it goes against the trend (on pullbacks). This shows that the movement in the direction of the trend is strong and the pullbacks are weak, and the trend is likely to continue.
- High volume accompanied by sharp price movements against the trend is a sign of a weakening trend and / or a possible reversal (in accordance with the previous paragraph).
- An extremely large spike in volume, 5-10 or more times the normal average volume (in a given time frame), may indicate the end of a trend. This is called an exhaustion move because usually when so many stocks change hands there is no one left who is willing to push the price in the direction of the trend and the price reverses (often quickly).
BTC resistance broken what next ?BTC / USDT
the strong resistance finally broken !
WHAT NEXT ?
if bulls fixed price above 46k for coming 2 days (to prove this move wasn’t a fake out !)
Price likely will hit next resistances between 51k-52k
While that , altcoins will follow Bitcoin specially the ones that didn’t pump yet
Best investment now is to keep your eyes on ( bullish patterns of altcoins) and as always dont forget risk managements
Best of wishes
BTC Finally Broked a Long Term RangeAfter a Long Range Bitcoin Broked the Resistence and now up to its Way. Now the next Point where we have to take care or if You have any Trade in BTC. then you can takeprofit on this points.
I am Not A Financial Adviser. And This Is not A Financial Advice. And All Cherts Are Just My Study. So Please Do Your Own Search before open Any Trade.
Aprox. All Crypto Currencies are Correlated to BTC . So If There is a Big Dump in BTC . All alt coin go down with it. Without Respecting any Technical Analysis
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