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Bctusdt

BTC/USDT 1 DAY ANALYSISWelcome to this quick update, everyone. If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way. I also post altcoin setups on Spot, Margin, and Futures. I have tried my best to bring the best possible outcome in this chart. As I say in the previous chart that BTC will hold this support level but for conformations, we should wait for daily closing. What's your thought on this? Do hit the like button if you like this update and share your views in the comment section. Thank you
by CRYPTOMOJO_TA
#BTCUSDT Bullish Divergence in Play+ PASTA Update!Welcome to this quick Sunday Analysis. If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way. I also post altcoin setups on Spot, Margin, and Futures. BTC was forming bullish divergences since yesterday I updated in my previous update that BTC will bounce from there. With the current market situation, it seems we can see some bounce from here. Once 45>6k is breached in a 4-hour candle close, It's highly likely that BTC will pump to the $48k area. Important support level:- $45k Resistance levels: 46.5k, 47.2k, and 48.12k Expect some retracements to the mid 45ks or even wicking below 45k for few minutes. ALL EYES on weekly close! Important Note:- BTC must hold that 21Weekly MA in this weekly close. Only a close below this level could end this bullish momentum. I need you to know this to stay ahead in the market. ALSO, I posted about Pasta Finance in my previous updates. BTC is looking bullish in the short term so it can rally from here. Posted around $.28 and it pumped all the way to $1+ Short-term traders took some profits and it corrected to $0.40. I am stacking it to make more Pasta. My target is above $6 to $10 in the mid-term. I don't intend to tale short-term profits and eventually end up buying higher. Currently hovering around $.43 Which is a good support level. This is a good range to buy if you are thinking to go for some risky trade. As I mentioned before, I know the whales could just start to pump this meme coin - expecting huge pumps and also corrections (Depending on BTC)) in the next few weeks. It is highly likely to follow like Doge. I am observing the big addresses. None of them have sold a single coin even at $1. I expect this one to do well in the next few weeks. Nowadays memes are doing way better than the actual ones tbh. But do your own research, This is not financial advice. What's your thought on this and on BTC in general. Do you think this correction is over? Do you think BTC and Pasta could easily pump from here? Do hit the like button if you like this update and share your views in the comment section. Thank you #PEACE

Long
by Cryptorphic
6
#BTCUSDT Don't panic. Last sweep before bull rally?Welcome to this quick Update, everyone. If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way. I also post altcoin setups on Spot, Margin, and Futures. Let's get to the chart! BTC broke out above the 51.5k level ending up being a fake breakout. Whales started taking profits here and probably building long positions at lower level now. The bulls are still strong and I thing there's no need to panic. Reasons:- 1. BTC is testing the blue trendline which is the resistance turned support level. 2. 46k is an important level 3. 200D MA support at 46k However there's one condition on which the whole bull rally depends which is holding the 21MA. For that we need a daily close above the 48.8k level. Only a close above this level confirms a rally towards $54k level. Else we could see some consolidation around the 43k to 47k area for the next few days and even a week. Invalidation of this chart would be aa close below the 43k level. What's your thought on this? If you want me to post more of these updates, Do hit the like button and share your views in the comment section. Thank you #PEACE
Long
by Cryptorphic
17
BTC retracement is on the cards hi, I shared my thoughts on BTC 2 days ago you can check it is exactly following the same path. I shared with little accumulation if the current level is broken we will head towards 52 as you can see we are inches close to 52. if volume stays the same like currently increasing with the continuous pace then we will be able to touch the 53 and then retrace back to towards 48,49 level If you took trades on my previous ideas then enjoy your profits Like and comment what you think
by ProfessorMH
#BTC retraced to 37k! What will be the new higher Low?Welcome to this quick update everyone. If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way. I also post altcoin setups on Spot, Margin, and Futures. The recent trade we took is TLM Long around .26- .27 zone that we are holding now. BTC couldn't break and close above 42k and we saw a retracement to the lower 37 levels exactly as speculated in the last update, What's next? There are two possible scenarios with overall bullish trend. 1. We needed a higher high for BTC we already got it so 37k are could be the level where we bounce as the new higher low. 2. Else we can retrace to the second demand zone which is around 34k to 35k level. If you like this update do hit the like button and share your views/requests regarding trades and charts in the comments section. Also do not forget to check out other trade setups and charts, I'll leave links below this update. Thank you
Long
by Cryptorphic
7
#BTC/USD BULLISH or a Trap? $52,800 Target Incoming?Welcome to this BTC Update everyone. After a long time on your demand, I am back with some educational as well as profitable Trade setups and Charts. Let's make this chart simple. In this chart, we have an ascending Triangle though the breakout confirms the direction of the trend. Why do I think that we can see a 53k level price and what could be the Invalidation level? 1.Too much Fear in the Market: People are too scared to be bullish now. Choppy wicks through the downside show buying momentum. 2. Higher Highs and Higher Lows. 3. 21D MA crossing over the 50D MA. Bullish Crossover. The last Bearish crossover was around $56693 which triggered the downtrend (It's shown in the chart). 4. People are expecting 27k 22k and even 12k price targets right now. We never know if that could happen but looking at the current scenario it isn't likely. these are the reasons why I think BTC could break to the upside and we can see a good rally for Bitcoin. As per the pattern, it could be all the way to 53k level. INVALIDATION : Close below 34.7k Get's rejected from the 38.3k level. We need a break above this tentative resistance level. The current situation of the market is too uncertain. I know things have been hard for all of us but I would like to remind you just one thing that it's more important for us to preserve capital rather than trying to revenge trade and make our all money back. It's too hard and Risky. Wait for the right time to make a move. If you like this update do hit that like button, follow me for more updates and share your views/Charts in the comment section. It takes a lot of time to prepare these contents. Thank you all for reading. Stay safe #PEACE
Long
by Cryptorphic
22
Will BTC find support?Looking at the 4 hour chart here. We have retraced from the down trend line as expected. Two main factors I want to point out. 1. We are flirting with a very very important level here. The 11k zone has acted as support and resistance over the past few months. It also (not coincidentally) coincides with the .618 Fib level. This is the perfect technical level for the price to retrace too, find support and start a further rally. 2. The RSI is deeply oversold on the 1hr, approaching oversold on the 4hr and firmly neutral on the daily. Given these factors, a bounce off this support zone is expected. However, we can still dip to 10500 without support being broken. So I'm calling for a long trade here but allocate no more than 25% in case we see a further dip. I would use a dip to cost average the trade. Scaling in and out of trades is good practice. Happy Trading!
KRAKEN:BTCUSDLong
by HyptoCrypto234
Many Reasons to buy at around 7000Hello everyone, I have considered wave count in many ways, but finally found a perfect way to analyse the wave count. There are many reasons for buy at near about 7000 (If market goes to this level)- 1. Trend line support. 2. Previous 6800 support. 3. 38.2 fib retracement level at exact near 6800. 4. Bullish Alt bat or bat pattern formation. 5. And finally and most important Expanded flat Elliott waves correction pattern completion. If market goes above 8100 level then whole setup may be changed.
Long
by Dverma900
BTC the final correction?When looking at the bigger picture, we can see that bitcoin has formed a pennant. A pennant is most likely to break out in the direction of the trend, wich is down at the moment. Still a breakout in the other direction is possible. The next opportunity to long is close, when we look at EW. We have had 5 waves up, now followed by a correction (ABC). Now btc is completing its C wave. The trigger to buy would be to see 5 waves down or around 6.6k as it is the extension of the A wave. Just like the big reversal of the first correction, the c wave was the extention of the A wave.
BITFINEX:BTCUSD
by TA_Crypto