MYTraderMalaysia
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MYTraderMalaysia
Bearish Divergence

1) RSI Showed a Bearish Divergence 2) Strong "Support become Resistance" on Weekly TF haven't been broken. to contradict bearish bias, price need to break above 32000 with high volume.
MYTraderMalaysia
Lets wait it out

Trade on your own risk. Personally, right now is not a good time to enter...
MYTraderMalaysia
STRONG SUPPORT

23K support did not hold, the strongest after that is at 21.4K-22K Currently BTC is in Decsending wedge which signal for bullish, But 21K-24K support area need to hold, Once BTC broke upward from this pattern, buying opportunity is on the next retest after it break pattern. DISCLAIMER : I'm not a financial advisor. Everything I shared, is my opinions & what I do in real trade. You should not make a trade solely based on my analysis Market is a volatile place, be sure to make your own analysis and judgement..
MYTraderMalaysia
An idea

just an idea for medium term BTC looking at how BTC has react on recently called bear flag & invalidated that pattern, it is in my view preparing for bullish move. DISCLAIMER : I'm not a financial advisor. Everything I shared, is my opinions & what I do in real trade. You should not make a trade solely based on my analysis Market is a volatile place, be sure to make your own analysis and judgement..
MYTraderMalaysia
BTC on the resistance

1) BTC has reach important Resistance 23K level 2) All it needs now breaking 23K level & Retest-Hold support DISCLAIMER : I'm not a financial advisor. Everything I shared, is my opinions & what I do in real trade. You should not make a trade solely based on my analysis Market is a volatile place, be sure to make your own analysis and judgement..
MYTraderMalaysia
Dannggg!! BTC

BTC have broke 2021 low on weekly TF with Strong cadlestick. Expect more downward movement. Probably Catipulation towards 19.5K-20K level.. On Weekly TF, RSI also still above oversold area, which gives some probability of downwards movement. DISCLAIMER : I'm not a financial advisor. Everything I shared, is my opinions & what I do in real trade. You should not make a trade solely based on my analysis Market is a volatile place, be sure to make your own analysis and judgement..
MYTraderMalaysia
BTC is doing something

As per chart.. got some bullish and bearish. However RSI shows a momentum shift towards the upside..
MYTraderMalaysia
BTC Bull Rally

Strong rally to the upside. As usual, after a strong rally, there could be a retest/ correction to nearest support or just ranging sideways Anyhow, here are the possibilities Short Term (BULLISH) 1) Retest to 41K zone & bounce with high volume 2) Ranging at current level 43K and continue the Bullrun Medium Term (Still Undecided) 1) Unless we break 45K then it will create monthly bull trend Other than that, you guys can refer to my chart. DISCLAIMER : I'm not a financial advisor. Everything I shared, is my opinions & what I do in real trade. You should not make a trade solely based on my analysis Market is a volatile place, be sure to make your own analysis and judgement.. BINANCE:BTCUSDT
MYTraderMalaysia
BTCUSDT What is it?

Alright, looks like with all the situation with Russia - Ukraine BTC is also taking a hit. POSSIBILITIES 1) A sustain bounce from current level (35K) which is a zone of Monthly Downtrend Trendline 2) A double bottom, given that we are entering weekend 3) A further downward movement to 31K-30K of May-July 2021 low In term of volume, BTC do have fairly good strength to bounce at least for short period to 37K, but given the situation between Russia-Ukraine, we might see further downside. Anyway, do trade safely. Follow your strict Strategy, Planning & Money Management.. DISCLAIMER : I'm not a financial advisor. Everything I shared, is my opinions & what I do in real trade. You should not make a trade solely based on my analysis Market is a volatile place, be sure to make your own analysis and judgement.. BTCUSDT
MYTraderMalaysia
Will it stay bullish??

Alright BTC broke small resistance. In my opinion, this at least will trigger a short term bullish movement 1) Although volume is not too high, but it does produced an impulsive candlestick 2) Broke small resistance between 42.9K - 43K 3) Broke Daily EMA 34 Now we need to wait for confirmation; either: 1) Retest and hold 43K Resistance become support (RBS) 2) Increase in volume Do click "Related Ideas" below to see my previous analysis DISCLAIMER : I'm not a financial advisor. Everything I shared, is my opinions & what I do in real trade. You should not make a trade solely based on my analysis Market is a volatile place, be sure to make your own analysis and judgement..BTC has broke 43K (small resistance) Now the next target is 45.6KFailed Bull, retesting trendline
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Any content and materials included in Sahmeto's website and official communication channels are a compilation of personal opinions and analyses and are not binding. They do not constitute any recommendation for buying, selling, entering or exiting the stock market and cryptocurrency market. Also, all news and analyses included in the website and channels are merely republished information from official and unofficial domestic and foreign sources, and it is obvious that users of the said content are responsible for following up and ensuring the authenticity and accuracy of the materials. Therefore, while disclaiming responsibility, it is declared that the responsibility for any decision-making, action, and potential profit and loss in the capital market and cryptocurrency market lies with the trader.