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Analysisbitcoin

BITCOIN IS IN VERY GOOD PLACE TO BUY ! 🔜🔝✔️Hello everyone, Bitcoin is down 42% It's a very good time to invest. If this is the moment of a price rebound, the profit can be very large. I consider it a safe entry, as whales and large companies (such as Microstrategy) have their average in these areas. The price may also go down which is very real but not to below 28k. Then we shouldn't worry, because the decline will be insignificant compared to the profit. Percentages described in the chart, calculated up to the last ATH. This isn't the end of the "bull market" and we expect 100k. We're in good places! The presented indicator (BITMEX Funding and premium index) shows it the best, which says that it is time to invest. The next such situation will be at 60k. Comment and like, Grreetings
COINBASE:BTCUSDLong
by SayMoney
Bitcoin - speculation to go Long on 1D!Yesterday's candle on 1D closed as a pin bar and RVI broke its resistance line and reached 50. Provided that RSI and MACD bounce off their support lines, then it it plausible to expect the price to follow its path as presented on my chart. This is a potential price action for a local correction that may take up to couple of days to complete. The green rectangle represents a good entry point to go SHORT. If price action begins to follow the path then two TP may be available for grabs: 1) TP1 at 62500 USD - first level of correction. 2) TP2 at 65000 USD - this is where we have a 61.8% correction on Fib, ascending resistance line in blue colour, a resistence level based on horizontal volume, as well as a potential formation of H&S (displayed in black colour).
Long
by WallStreetFox
1
The end of the rising wave Hi this Aklane from ABtrading , as you can see in the chart the rising wave from 28k to 50k has expired , now the bitcoin is in a really important area and it's not really good to trade especially for beginners , in my opinion there are two posibles scenarios : the first one is the Btc will move tranversely within the channel between 45k and 51k and it will end with breaking this channel and go to 60k as a first target in the end of September . the second is the Btc will go down to the 42k area and start his new rising wave to the 60k in the end of september. that was my opinion that i wanted to share with you. if you like my posts smash the like👍 button, comment and follow me. Thanks for reading my ideas. Regards, Aklane
by ABtrading2
July 4th Action & CME Gaps to Fill July 4th Action & CME Gaps to Fill Just a few quick thoughts about our current situation... as always not financial advice, DYOR, etc! I think the chart write up mostly speaks for itself. Still a few CME gaps to close one above us @ 11,500-12000. I suspect we may end up in this area tomorrow. Then on the 4th of July when CME is close we gap down. There are a few gaps below us the first one at 8500-8900, which I think we will test. Then there is another at 7200-7450 that was only partially filled. There is a scalp long opportunity available for the near term followed by a contraction afterwards. Did you Like this idea? Do you like Free Indicators (check my profile)? Please give me a like and follow! I post crypto analysis, price action strategies and free indicators regularly. Questions? Comments? Want to get access to an entire suite of proven trading indicators? Come visit us on telegram and chat, or just soak up some knowledge. We make timely posts about the market, news, and strategy everyday. Our community isn't open only to subscribers - everyone is welcome to join. For Trialers & Chat: t.me/cryptorhythms
CME:BTC1!Long
by theheirophant
11
Reversal From Buy Area Could Initiate Rise Back 3800/4000Hey guys, Liam here. Sorry I haven't posted in a while. I've had some things to do on my site - so haven't been able to post anything. I'm back now though, so you can expect daily analysis from me going forward. So today we've seen the price reverse from a buy area that formed as a result of the reversal that took place on Monday. The price didn't drop deep into the area (black arrow) - which made it difficult to get a trade entry - but it was still possible to enter on the lower time-frames. The price hasn't increased much since the reversal but a large bullish candle did form early this morning (blue arrow) which does suggest we could see a bigger taken place later today. The outlook right now is still a bit negative. The reversal from the area was a good sign but it's not enough to confirm we're going to see a move back to 3800 - 4000. Really, a strong rise above yesterday's highs needs to take place for a move back to 3800/4000 to be a likely scenario, which we obviously haven't seen yet. For now, my advice is to say put and await further developments.
COINBASE:BTCUSD
by forexmentoronline
ICXBTC: Good time to make some gains.Hi All, It's all in the chart: if you plan on entering this trade please don't risk no more than 2% of your capital. The market is random, TA can only help us with getting a 50%/50% hedge on capital. So it is Imperative we always use stop loss. Swing traders: Statistics and probability are on our side. Don't worry about being right all the time. You just have to be right 50% of the time to Double your initial capital. Up Trend: Impulse. Down Trend: Correction. All wave Patterns are impulse or correction. Sideway: Except for moving horizontally. Retracement: Price hit Support, Reversal Period, Stop Loss: 60/40 Split. Resistance: Price Falls below Previous Support Level. Only trade when you see repeated price pattern. Limit to roughly 15-20 trades per month 2/1. Impulse & Correction: 50/50 Win or lost: lose $50 - Make $100 Hope this chart was helpful to you all. If you all have questions feel free to ask or comment in the comment section below. Be sure to Follow me for future charts, like this post if it was helpful, and thank you all. Happy trading People...
by letsgetit
BTCUSD Where are you heading?????Hello All, It’s becoming much difficult to tell where BTC is heading. Analysis from a macro prospective: Currently we have Asia Pacific retailer investor. Crypto market only seem to have smaller institutional investors. Crypto Exchanges seem to be getting hacked every week. Crypto does not have a killer game or dapp for mass adoption. There have been zero rally’s in the crypto market. There have however been a lot of manipulations and pump and dumps. What the chart shows: When the cloud is below BTC, we are in a bullish scenario. When the cloud is above BTC, we in a bearish scenario. Currently the cloud is above and is showing bearish market. The volatility is going down to 140. While the dominance remain the same. However, the volume now are much lower than before. This shows the bearish market is petering out . The futures market is hedging against BTC because we are moving sideway and no definitive direction. Hope this chart was helpful to you all. If you all have questions feel free to ask or comment in the comment section below. Be sure to Follow me for future charts, like this post if it was helpful, and thank you all. Happy trading People...
COINBASE:BTCUSD
by letsgetit
BTC Due For a timely Retracement: Don't catch the falling kniveHi All, BTC is currently at a crossroad. Not really sure where we will end up. BTC was rejected during its uptrend to 6800. If the bulls can not support 6500. Tehn I see this as a 70/30 split. 70% BTC retrace back down to 6400 or 6200. 30% BTC makes higher lows @ 6800 and stay above. Remember people we have been in a bear market well over 5 months. The RSI pass my 70D-K. Currently trading Above its 20 day MA. However, trading Below its 50 day MA. Lower Volume If we are lucky BTC continues trending sideways for the next couple of days. However, the trend is showing bearish signal. I currently do not hold any position in BTC awaiting confirmation before I re-enter. Trading psychology tells us to always wait for cofirmation before entering a trade. Do not try to time the market and endup catching a falling knive. Good Case Scenario seem more probable. Hopefully we don't test the Worst Case. Hope this chart was helpful to you all. If you all have questions feel free to ask or comment in the comment section below. Be sure to Follow me for future charts, like this post if it was helpful, and thank you all. Trade carefully people.
COINBASE:BTCUSD
by letsgetit