Mehrad

@mrmehrad99

2523 Following

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#BTC made its weekly closing with a Strong bullish body and also a big rejection wick. The good point is price Weekly candle sustaining above the zone. Normally, price right now testing the resistance in LTF H4 and hodling. Looks like price might take a deep retest again back to support areas around nearby $67,000.

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📌 Over the past week, inflows into the Bitcoin ETF hit a 2-month record high of $1.06 billion. BlackRock's IBIT remains the leader.

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📍In school we are taught that if we fail we are losers in trading failure means that you have learned something valuable for next time. 📍Losing makes you mentally stronger and a better trader. 📍Mistakes teach and money making traders have made plenty of mistakes. What do you think ? #Psychology #Education

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(Classic patterns strategy) 📍Price action generally follows a repeating pattern 📍Reversal patterns are seen at the end of the trend and when the market is about to change direction 📍Continuation patterns indicate that prices are continuing their current trend. ⬇️

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#BTC going perfectly as planned for this week, its going bullish now. Price tapped into the next key resistance, around $70,000 and $71,000. Currently, price facing a bit for sell pressure and pullback is expected. Structure is bullish, so anyway we're heading towards the ATH.

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#BTC on the ranging of 60k-67k 📍It is suffering zone for Alts. 📍BTC made its weekly closing above the $65,000 level mark and H4 TF sustaining above the Support too. Bullish market structure is also maintained over, so there's heavy chances are we gonna see some strong bullish momentum this week.

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Keep a close eye on #ETH 🧐 A successful wedge Breakout could Send it to $4000. 📈

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(Trend line strategy) 📍Break and Retest: After the price breaks the trend line, it returns to it and then continues to move in the direction of the trend. 📍Support and resistance levels: Prices tend to stop or reverse at these levels. 📍Entry and exit points: Trend lines can show the right points to enter

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(Moving average strategy) 📍Crossover strategy: The intersection of two moving averages works with different time periods (for example 50 days and 200 days) 📍as a trend line ⬇️ upward trend :The property price should be higher than moving. downward trend:The property price should be lower than moving.

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(Ichimoku analysis) 📍Kijun Sen line: 26-day average of price 📍Tenkan Sen line: 9-day average of price 📍cloud line: This cloud consists of two lines called Senkou Span A and Senkou Span B. These lines represent potential support and resistance ranges. 📍signals: The intersection of Kijun Sen and Tenkan Sen.

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(Fibonacci analysis) 📍Fibonacci numbers and ratios are used to identify resistance and support points. 📍To use Fibonacci in trading, you can look for a correction in a trend and expect a price reversal at Fibonacci levels. 📍The most common ratios are: 23.6% 38.2% 50.0% 61.8% 78.6%

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(Elliott Wave Analysis) 📍Wave one is often short. 📍The second wave often has a long correction. 📍The third wave is often a long wave whose micro-waves should be countable. 📍Major market ranges usually occur in the fourth wave. 📍The fifth wave is sometimes short and equals the length of the wave.

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📌#BTC made a strong dump and moving very correctively now. 📍Weekly Candle closed bearish with a close below support too. 📍Expecting, a dip back to the support around $59,600 area. Currently, nothing much up-to the the market rather going for a correction.

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The Man Who Broke the Bank of England In 1992 correctly anticipating the weak state of the British pound he opened a short position against it and was able to make a $1 billion profit on the day that later became known as Black Wednesday. According to the Forbes website, George Soros wealth is now 6.7 billion dollars.

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Oh, look! Only 1 week ago I discovered $FOMO by TOCD Studio(@tocd) and now they are listed on Coingecko. Guess where the price of $FOMO token will go? Did you earn $FOMO points for potential airdrop? Share this cast and receive 30,000 $FOMO Tip allowance $FOMO to every wallet. $FOMO to $1

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(Pinbar candle power analysis) 📍 Pin bar candle is one of the popular target patterns in technical analysis, which is used financially in order to predict the possible change in price direction in the markets. This pattern is divided into two categories, ascending and descending, and each is a different indicator.

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#BTC 📢📢📢📢 EMA25 (Orange line) is a boundary 📍 Plan A: ( on going) Rejected and Trading below EMA25 => Bears. 📍 Plan B: If price remains sideway in next 7-14 days below EMA25 and suddenly there is a bounce with daily closing above EMA25 => Bulls will be back.

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BTC Analysis MAY 08, 2024 Mid-Term: BEARISH Short-Term: BEARISH 🟢#BTC Short term looking bearish ! Bitcoin broke a head and shoulder pattern and broke the neckline and currently retesting the neckline. 📍Possible to test around 59k-60K ! Keep an eye.

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📍ALts have to suffer before BTC really does the 6th. 📍BTC Keeps ping pong movement arround 60k until Alts should drop to MAJOR SUPPORT of previous season. 📍I think there should be another alt crash before BTC actually does the 6th strike.

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📍Warren Edward Buffett is an American investor, economist 📍Buffett is known as one of the most famous investors in the world due to his investment success. He is known as the "Oracle of Omaha" and is known for his investment philosophy that focuses on buying stocks of companies at a price below their true value.

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