BTC next move

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We're currently observing a bullish consolidation above the Gann circles, with a daily triangle pattern forming. Since we're positioned above the Gann levels, the chances of a breakout to the upside are higher, in my opinion. We still need to retest the previous high around 62.8k. The next Gann line is near 64k, likely our target post-breakout.
My trade strategy is to buy between 58.5-60k and take a profit above 62k, the stop loss is below 58k. By going below 58k I will switch to a short position and take a profit at 55k-52k and 48k
I have already opened some positions as I explained in my previous idea
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sold everything at 62k


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Switching to short position from here 62k
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Price reached the rectangle area I draw before , Adding much more to my short positions , I believe this is a very nice area to short
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The next target should be somewhere around 43k ( unless BTC manages to somehow hold 64.5k for at least 10 days )
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We also have 2 Gann for the downside , one pointing toward 48k and one toward 43k, this move should happen in next 30 days at most
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in shorter timeframes we need to retest 62k and 60k at least one more time
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Most of yesterday volume is also located at 60800, so we probably need to retest 60800 in the next few days too, the higher we go with chart like this the lower we drop in the future
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We also have a bearish ascending parallel channel by rejection at the top we can start another wave down to 58, What I'm trying to say is simple , failing to go beyond 64.5k will create a lot downward patterns and probably a strong downtrend
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Short term Gann shows that it's possible to go to 60k in next 2-3 days
We also have some news about the Israel war, this can be the new catalyst for next big drop
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Adding more to my shorts at 64k
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Telegram CEO have been arrested, and TON is free falling, if BTC also start to drop we might see TON back to 2$ , I won't short it but if it reaches 2$ it would be one of the best opportunities to buy
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I have currently short from 62.8,63.8 and 64.8 , lets see what happens we had another sharp rejection from 65.1 yesterday , it looks like typical BTC pump and dumps to me
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All my shorts are in profit👍 , will close some between 61.5 and 62
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We will probably see some sort of bounce from 62k , I will close 50% of my shorts here
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the bounce area is between 61.5 and 62k
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closed half of my shorts at 61750
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We have 5-6 supports in this area, this shouldn't break so easily ( of course unless some apocalypse news came out ) , if a successful retest happens around this area next target can be as high as 66-68k
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I'm closing all my shorts and waiting a little bit to see what will happen next , it's actually very risky to keep shorts open here , if we go bellow 61k I will enter short again
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I'm also opening a DCA bot for TON, range 3$-7$, since this type of news create big volatilities, the DCA bot might be the best choice here
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BTC never fails to amaze me, we saw a very sharp drop to 58k . I immediately understand why I didn't see it coming, I forgot to check how retail traders are trading and where they are buying and was busy looking on my own chart , seems like most people have bought on the trend line and market makers liquidate them all ,but overall this chart is so manipulated , There is nothing changed since Friday, no technical or fundamental reason to drop like this , I guess we will retest 62k soon
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buying some around 59k, It's possible to go to 65k on Friday close, it's crazy but considering how it dropped with no reason , I guess it's very possible
Drawed a gann for it, and it seems to respect some of it's lines
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long at 58900
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First thing that we need to see is to get above 59300, else things will get messy soon
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We also need to go above 62k very soon (in 1 or 2 days at most ) , if this things doesn't happen we will probably head back to mid 40 area
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high chance of hitting 62k in a few hours IMO , will buy more if price retrace to 59.4 one more time
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buught more at 59.4 , we should go to 62k in no time lets see what will happen
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bought another bag at 58955 40x leverage with tight stop loss
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We need more data on this short-term GANN to see if it's correct or not but there is a possibility of moving to 67k by Friday we also have monthly close in few days , so it's not very out of reach ( I actually hardly believe it will happen myself lol but this is what chart telling me but it might get invalidated )
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Telegram CEO is out of jail, TON is doing some wild actions , I'm glad that I opened a grid bot on it , it's making a nice profit on it's own 🤞
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If we don't break 57.5k , then target for this Friday would be 62,64 or 66k , these are all important price points
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Almost reached my first target at 62k , just 1k left to go 💰
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We have five 4-hour green candles in a row, and each of them becomes bigger than the previous one with increasing volume, we might pull back a little bit because we are overbought in shorter timeframes but In my opinion, this is a sign of a very big rally, any pull-back to 60-59.5 is still a buying opportunity.


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Almost perfect touches from GANN that should take us back to 64 on Friday, but one step at a time , it should first pass major resistance at 62k
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Buying more at 59300
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Seems like a typical shakeout before big rally to me
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Still putting higher low and higher high in daily, I might have some bullish bias because I have been bought but for 57500 is the stop loss , by reaching there I will close all my longs
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64 GANN still working nicely after rejection from higher circles now we are finding a ground on one of horizontal lines
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Still holding my longs, we didn't go up this week, but I was lucky that it didn't go below 57.5 to hit my stop loss and came up from 57770 :)
Since now we go a little deeper and hit the white line, our next target should also be the higher white line at 66k, I will only close my longs if I see rejection from 62k or we go below 57.5
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I guess we might start a rally to 80k soon, The price is out of weekly triangle, but it somehow manages to hold 58k in the weekly chart
open interest is also very low, if they pump some positive news and traders start longing again we might go up and break the triangle this time to the upside with a fakeout to downside which can be extremely bullish
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In a shorter timeframe(15min), we can see that open interest is going down while the price going up , meaning that short sellers are getting Rekt and covering their positions , extremely good reaction from the white line at 57.7k.
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I wasn't very patient this week, I could keep open my shorts from 64k longer and I could open longs at a lower price than 59k , patient in trading is the most important thing
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it hit my stop loss but still, I think we will go up
This is just holiday low volume price actions and doesn't mean much, I opened another long from 57.2 .
Solana hit 8 consecutive red daily candles if you look at history last 3 times that this happened we had massive pumps in few days
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it's funny somehow every retail trader is bearish now.
Good job market makers, just in 1-month people's ideas changed from super bullish to super bearish on range supports around 57k..
This reminds me of when the price was 27-28k last year when everyone was extremely bearish then the real pump to 40k began
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The situation doesn't change at all just 10 days ago with the same news and the same economy situation price rallied up to 65k , seems like just a holiday price manipulation on low volume to me
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Still holding my longs from 56-57,59 , I didnt expect that drop to 53 couple of days ago but atleast it stops me from over trading and help me put time into more important stuffs.
As I said the drop was just because of nonsense reasons created by medias to take away people money , We have the lowest inflation since 2021, unemplotment is same as 2017 , AI sector and cheap makers are making huge money , also we are going have an election there is absolutely no reason for drop .
back in 2022 with 10percent inflation we didnt go into recession , why should recession happens now ?
IMO BTC will reach 80k+ in next 3 months
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lol, those people listening to this news in tradingview news section and trade base on them are so dumb , just 5 day after all those news about recession and 40k BTC now they are making up news about 300k$ BTC
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S&P is just 1 percent away from its ATH, and the chart looks good after 2 months of correction. We're only 50 days away from the election, so we should see another rally soon, they want your votes
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our first target should be somewhere around this line (by the time it reach there probably 65-66k)
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We also have this trend line supporting the 66k idea
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Still holding longs , a little more push and we will hit first major resistance at 64k but if previous pattern holds we should also go up on friday
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Closing my TON bot from before , it made a nice profit , TON in last couple of weeks goes 20+%down to 4.5 and now back at 5.7, made almost 50 percent in this ups and downs
I checked top 25 alts by market cap , and in them NEAR seems more strong than than the other , closing DCA bot for TON and opening Grid bot for NEAR between 4 and 6.5
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Japan didnt change interest rate , another good news for BTC .Both Gold and S&P are at ATH, Most of the alts and BTC itself has a lot of room to the upside , My guess is this time BTC will go for retest of ATH and take short sellers liquidity all at once , The move can be explosive and will catch many people offgaurd like always
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снимок Since september 1 , last time I writeabout solana and how it should be it's bottom , we moved up 20% . unfortunately I didnt had any money left for buying it but thats ok lesson learned alwys put some money aside for this type of rare oppurtinites
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This two gans work out , we will either reach 81k (orange one ) or 88k ( white one ) untill the end of October , currently it's nicely reacting to them
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Base on the gans , first major support is at 62k and the resistances are 64,64800 and 67k and finally 69k which will probably will be the end of this leg if we keep going up like this with no correction
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Four 4h red and we hit the major support with most lower timeframe in oversold state . probably we will go to 66k next
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I closed some of my 5x position from 57k and reopen them here with more money
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previous 4 time that we hit this Gann circlewe droppend +20 percent and each time it drops stronger than the previous one , if it doesn't break 64-68k in next 10-20 days we might see low 40k this time , still soon to talk about it but this time it's really make it or break it situation, by reaching 40k it will invalidate many uptrend charts , I highly doubt it will happen
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Now double bottom on the support , with 2-3 days of correction . more reason to go for 66k next week , we currently have 2 green week we usually dont see three consequtive green but when that happens it means a big rally is coming
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The other two gann that points toward 80k+ until end of october are also working nicely .
Considering the current economy situation , this is madness to short right now but for some reason again most people are bearish just like always when majority thinking that way it will go the opposite way and take their money
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Near also doing great , since I open Grid bot , it does two +5% ups and down ! considering this was just a weekend , the volatility is so high , best thing right now for a Grid bot
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Open interest is super high , and price barely moving , not a good sign .. in last 6 months everytime we hit these area it was the top . Risk/Reward does not worth it anymore . Closing all my positions from 56-57k at 65k . If it breaks this level I might join back on corrections but right now I rather sell my bags and watch

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Chance for seeing some crazy couple of thousand $ liquidation event is very high , I hope it goes down and not up ,we also usually dont see 3 green week in a row , probability is more toward the downside than the upside but anything can happen , I will feel really unluck if it goes up after I waited 10 days and now sell lol
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I Just put a long order at 62k and one at 59600 in case it dropped fast
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Most important area right now is 66800, I also put a short order at 66800 , hopefuly it will first reach 66800 and then drop back to 62k
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Resistances are 66300-66800 and finally 69500 after 69500 it will be highway toward 80k+
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And these are two other gann aiming 80k for end of october currently at resistance
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Just short a little bit at 66400 will do more if it reach 67-68 today
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Chart obviously is overbought , BTC usually doesnt go straight up more than 22 days without atleast 10 days of correction ( it can be flat meaning that it can stuck in 64-66k ) or it can start another downtrend wave toward 62k , overall chart is not in a good state for long it still need to retest 62k
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Some where in this area I will open long again and close my shorts 62-63k
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XRP and Shiba are also in a good position for short , but I will wait 2-3 days more to see how they perform , as soon as XRP create a double top on 4h I will start shorting it , for Shiba not sure yet , it has history of 5x in short period of time so still dangerous to enter short
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Seems like drop is started ,63800 can be the first entry for long , just a small percentage of account in case it goes back to 66
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Closed short position from 66400 at 63400 and opened a new long position at 63800
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We can still go to 62k , I have orders on 62k and 59500 in case it goes deeper ,unfortunately I didnt short XRP and shiba yesterday both dropping a lot today
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Bought a little more at 63200
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looks good for long ( I hope they dont manipulate it tonight and drop it another 5%)
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This is probably the new trendline base on resistances , I expect it stays valid for next 10 days , BTC usually go into period of 2-3 week consolidation or downtrend after +20 days uptrends
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This may looks like downtrend but it's still holding the gann circle , if we continue bouncing from here next target is 70k
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Next probably bounce area is 62k , I have buy orders at 62k too
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It's also very probably we see another 5% drop and 60k tonight because open interest is not coming down and a lot of people still buying like crazy... recepie for disaster
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bought more at 61700 , drops like this are blessing , idiot people use highleverage and all slaughter at the same time
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Very strong reaction from 62k, Monthly trendline
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going back above gann again , probably drop is finished
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Sold everything at loss , war new coming , fcking Iran and Israel once again
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Time to put away bullish bias , seems like we are netering another period of multi-week downtrend , initial target should be near 55k
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While the price making it's decission for the next move , I'm going to take some rest for couple of days, some times doing nothing is the best thing
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Still holding some shorts from xrp , will close them today , XRP is pure manipulation they can pump back all the drop in 1 or 2 hour ike always
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Seems like it's makin a 5 wave structure to the upside , most altcoins are again at extreme lows , we will probably bounce again
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Opening a long at 60500


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buying more at 60k and add more long orders at 59 and 59.5
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