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Chart Analysis: BTCUSD INJUSDT The Bitcoin market shows signs of stirring from its slumber! As anticipated in our preceding commentaries, BTC is making its way towards the 18k zone. However, the strength to break through significant resistance points eluded it, just as we discussed in our earlier videos. Notably, there has been an adjustment in our projection of the massive cup and handle pattern. The recent trend line breach on the weekly chart likely invalidates this pattern.A confirmation of a double top pattern is evident. Following this, BTC retested the newly established resistance and took the downward trajectory, just as predicted.So, what lies ahead for Bitcoin? The forecast suggests a few more sluggish days of price oscillations, potentially culminating in a liquidation sweep or a retest of the longstanding trend line. Should this play out, it presents an opportune moment to initiate a short position and ride the price down towards the 18k area (though this target may shift as we approach it). It's essential to note that now isn't the ideal time to short; the current position is too extended from the EMA. It's wise to await a retracement.Risk Management:Navigating the volatile crypto market necessitates meticulous risk management. As you consider potential positions, align your size and strategy with your risk tolerance. Tools like trailing stop losses can be invaluable in preserving accumulated profits as the market evolves in your favor.Disclaimer:Please remember, this analysis is shared for educational insights and is not a financial recommendation. We urge you to conduct your own comprehensive research and, if needed, seek advice from a financial consultant before making any trading decisions. Trade safe!

📈 Chart Analysis:Quick update on the current slow sideways marketRecent Developments:Small flag pattern on BTC break up would indicate 35k is next a break down would suggest that our mini bull run is over for now! BTCUSD INJUSDT INJ broke out of the flag and hit target 1 however showing very toppy signs with a double top in stage 3 that is still valid. it also is producing a small flag patten so if we break out of that it is likely that my topping theory will be invalidated! 🔔 Risk Management:It's imperative to tailor your position size in accordance with your risk appetite. Employ astute risk management tactics, such as trailing stop losses, to safeguard your profits as the price advances in your favor.⚠️ Disclaimer:This analysis is for educational purposes only and should not be taken as financial advice. Always conduct your own research and consult with a financial advisor before making any trading decisions.

Chart Analysis:Recent Developments:The chart has recently exhibited a classic 'Cup and Handle' pattern which broke out and evolved splendidly. Following this, there was a pullback to the breakout level, which culminated in an impeccable falling wedge, as we had anticipated in our preceding video. Subsequently, there was a remarkable breakout, and we successfully reached our initial target - the apex of the falling wedge. This has brought us face-to-face with the most formidable resistance encountered since the inception of the bear market. Will we break through? Only time will tell.What Lies Ahead?At this very moment, the chart is forming yet another colossal 'Cup and Handle' pattern, and we are teetering on the brink of a breakout. Should this breakout materialize, we can anticipate a continuation of the upward trend until any signs of faltering. It's crucial to remain vigilant for indications of potential reversals. Conversely, if this attempt is unsuccessful, the chart could potentially plummet to the 18k level before the halving. It's advisable to proceed with caution and employ stop losses.Risk Management:It's imperative to tailor your position size in accordance with your risk appetite. Employ astute risk management tactics, such as trailing stop losses, to safeguard your profits as the price advances in your favor.Disclaimer:Please note that this analysis is intended solely for educational purposes and must not be construed as financial advice. It's of paramount importance to undertake your own due diligence and seek counsel from a financial advisor prior to making any trading decisions. BTCUSD ETHUSD BCHUSD INJUSDT

📈 Chart Analysis:falling wedge: Top tip wait for breakout and retest of the AVWAP before taking a long, however we did get an engulfing candle on the reaction from the 150ema so i have gone long already trying to front run patterns is not the best thing to do so be cautious if you are to do the same!We got the retest of the Head and Shoulders resistance in prep for the latest sec vs binance news which took us to out first target 150EMA: top tip play any SHORTS super carefully here as the reaction from the 150 was extremely bullish but know we could still see out lower avwap target currently at the 18k area 😉additional info!Currently in a Stage 3: where we look for Bullish continuation patterns (falling wedge) and/or topping patterns Head and shouldersOBV still in a stage 1 and looking weak!🔔 Risk Management:Adjust your position size based on your risk tolerance and use proper risk management strategies, such as trailing stop losses, to lock in profits as the price moves in your favor.⚠️ Disclaimer:This analysis is for educational purposes only and should not be taken as financial advice. Always conduct your own research and consult with a financial advisor before making any trading decisions.

📈 Chart Analysis:Potential falling wedge: Top tip wait for breakout and retest of the AVWAP before taking a longAre we retesting the Head and Shoulders resistance in prep for a "Black Swan" event that will take us to our low target?: top tip for an early SHORT position you could take the short now and place a stop above the highest high of this retest OR on the falling wedge break out area ;)additional info!Currently in a Stage 3: where we look for Bullish continuation patterns (falling wedge) and/or topping patterns Head and shouldersOBV still in a stage 1 and looking weak!🔔 Risk Management:Adjust your position size based on your risk tolerance and use proper risk management strategies, such as trailing stop losses, to lock in profits as the price moves in your favor.⚠️ Disclaimer:This analysis is for educational purposes only and should not be taken as financial advice. Always conduct your own research and consult with a financial advisor before making any trading decisions.

My insights on the current crypto market, highlighting potential double tops and BTC's struggle at a historic resistance level. Understand how to manoeuvre through uncertainty, set a stop loss, and be prepared for other possible outcomes like falling wedges and continuation patterns. Don't miss this essential guidance for trend followers during this bull run! 📚💪🌟Check out my new indicator and tell me what you guys think!

Helloooo BloodGang!📈 Chart Analysis:Cup and Handle Formation:Bitcoin has been forming a classic cup and handle pattern, which is a bullish continuation signal. This is a large pattern , and it's still playing out. If the pattern completes as expected, we could see a potential target of around $35k for Bitcoin.Pennant Formation:Currently, a pennant pattern is forming just above the breakout level of the cup and handle. This is a short-term pattern, and we expect a breakout within the next 3 days. A successful breakout to the upside would confirm the bullish bias and support the $35k target.Alternate Scenarios:If the pennant fails to break out within the next 3 days, we might see the development of a larger pattern or a drop down to the Anchored VWAP (AVWAP) level, as mentioned in previous analyses.🎯 Entry, Stop Loss, and Take Profit Targets:Entry Point: Consider entering a long position upon a confirmed breakout of the pennant pattern.Stop Loss: Place a stop loss below the recent swing low within the pennant. Take Profit: Set a take profit target around $35k, which is the projected target of the cup and handle formation.🔔 Risk Management:Adjust your position size based on your risk tolerance and use proper risk management strategies, such as trailing stop losses, to lock in profits as the price moves in your favour.⚠️ Disclaimer:This analysis is for educational purposes only and should not be taken as financial advice. Always conduct your own research and consult with a financial advisor before making any trading decisions.👉 Follow & Connect:Do give me a follow so you get these updates in real time all the links you need will be found on my TradingView profile :) Happy trading!

Yo BloodGang!Thank you for joining me again today, this video should give you an idea of where we are at and what we are to expect covering all cases regarding $BTC. I did also add a couple of altcoins that i am looking at right now for possible entries as a little bonus, please note i do not own these just yet so take your time if they are of interest to you also :) As always check out my previous videos, please keep the support going strong as it is highly appreciated on all platforms and don't forget to follow me so you do not miss out on future updates :) Big loveMr Evans/TheRealSlmTradylikes, follows, fire emojis ,rockets etc all make me very happy.... feed me ;)

Thank you guys for joining me on my first Video for the Bloodgang group! These are my ideas on the current state of BTC :) My strategy includes Stage analysis - Stan Weinstein The encycopiedia of chart patterns - Thomas Bulkowskilastly, Oliver Kell who gave me the idea to piece all of this together Give me a like and a follow so you don't miss out on the key market moves :)

These rules are based on Thomas N. Bulkowski's book 'Encyclopedia of Chart Patterns'Hi guys, cup and handle set up on ICP. 1. Previous to 1st cup lip rise in price > 30%2. Right cup lip around the same price as left cup lip3. Length of cup > 7 weeks.4. length of handle > 1 week.5. Invalid if daily close below 50% of the cupThese rules are based on Thomas N. BulkowskiTargets are on the chart.. would suggest running a trailing SL to get max returns on this one.Like and follow if you found this of use.Not financial advise.