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Bitcion

Launch soonAmong my other ideas, this one is more or less relating to how long a correction may last. Back in January when we capitulated from 42k to 29k , it took roughly 24 days to start feeling a recovery. We were signalled a recovery when we found hidden bullish divergence on the Daily RSI as well as MFI holding steady during the dip. It's been 22 days so far for us and have dropped roughly 13k. It feels kind of similar to January in that regard. So, what I'm waiting for before becoming all-to-bullish is daily (hidden or not) bullish divergence pretty soon here. I'm still convinced we're in a bull-market (see related ideas '259k Bullmarket Top & How' & 'This time is no diferent'), but the only thing that'll worry me is sideways action through the end of October... Only then will I become bearish (see '1 for the bears' idea)
INDEX:BTCUSDLong
by Ungovernable
1
1H Chart. BTC Squeeze, Explosive Move Incoming ? Hello friends, latest update on the last analysis which was exactly as visualized. 1 . There is ongoing squeeze for $BTC, one-hour chart. Massive battle at the $46k region between the bulls and bears. Pressure is building either way. 2 . I had to use a Channel for clarity. You can see on the chart, back and forth Push-n-Pull forces acting on Bitcoin at this range . 3 . If Bulls win, we breakout upwards this channel , and EXPLOSIVE price shoot will happen. 4 . If Bears win, breakdown will happen , a significant drop will happen. Strong support will hold only for the time . 5 . Key candle for upward confirmation must begin at $46,500-503 $BTC price . Watch out If all else remains constant and NO government FUD … this analysis will remain valid. Follow 🚶 Like 👍 Share your thoughts
by CryptonKidd
Bitcoin (BTCUSD) near term high likely inA series of Fibonacci extensions show a cluster of key 161.8% and 61.8% levels all converging around the 54k to 55k value area. Consider that the Gann Death cycle of 49 bars is right where the next weekly candle opens as well as this time period being an anniversary period of important highs and lows found for Bitcoin, we should anticipate a likely top here for Bitcoin with a likely retracement to the 28k value area over the next 45-90 days.
COINBASE:BTCUSDShort
by itsjustanalysis
17
Whats NEXT For Bitcoin Now That AMAZON Has Denied Crypto ReportsMartyBoots here. I have been trading for 14 - 15 years and I am here to share my ideas with you to help the Crypto space. Bitcoin & ALT Coins are Setting up for a HUGE bounce and we in CryptoCheck intend to make lifechanging money ------------------------------------------------------------------------------------------------------------------------------------------------------------ If you want help trading Bitcoin or any other ALT coins hit me up , We will improve your trading . Have a look at the link below ------------------------------------------------------------------------------------------------------------------------------------------------------------
COINBASE:BTCUSDLong
by MartyBoots
46
HOT - Potential Bullish Reversal!Hello everyone, if you like the idea, do not forget to support with a like and follow. HOT is sitting around a strong weekly demand zone in green so we will be looking for buy setups. Before we buy, we want the buyers to prove that they are taking over again. You don't want to buy a bearish market right? on H4: HOT is forming a channel in blue but our upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple) Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone) Meanwhile, until the buy is activated, HOT would be overall bearish can still trade lower. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Long
by TheSignalyst
40
BTC heading below 30kCould we see this pattern forming for BTC? Larger Bullish Butterfly pattern forming over the past 14 days. Completion of the pattern would take us to 1.272 (29k) or 1.618 (26k) Fib Levels. We may still go sideways for a bit before it reaches bottom. Looking at the RSI it also broke bearish and slope is down. Selling pressure is high. Again a break below 30k would probably set off a cascade of sell offs, so 26k isn't out of the realm of possibility. Would also align with the break out predicted by the bear pennant. I expect at least some rally to follow. Still a strong down trend so go long at your own risk. Let me know what you think.
by variousCryptos
1
BTC hoping to find support at 34k.Depending on how you draw your trend lines it appears as if BTC either broke back within this pennant or has broken below the pennant. To me it looks like it broke down. RSI is dropping and volumes are dropping. BTC has found support at 34k several times already and will likely find at least temporary support there again. I expect it to break below this level though and for us to head down and test 30k. A measured move from here from the top of the pennant to the bottom would have us going down 30% near 25k. Could get very bloody over the next week. I'm not convinced 25k is the bottom either. The daily charts look much the same. Let me know if you agree or share your opinions.
by variousCryptos
Alt Market Cap Analysis - upcoming opportunitiesHello buddies, how are you? No need to explain about Alts for what happening over the past couple of days. We had seen huge red candles on the overall market. But most of us did not even imagine that the market will fall that much. So presenting you my thought on the current Alt market cap is what am seeing right now. - In the chart, you can spot Pitchfork which I drew from the recent top. It was presenting index can be in short term or maybe long term downtrend. - You can closely look into the pattern, every resistance and support line was working well, price action in this pattern was so much accurate. For now.... - In the chart, you can see one dotted trendline which was the retest point of the index before moving upward and one red trendline named 'trigger line', yes the index broke this red trendline and the current price action is above this trendline. And what is that means is the price(index) has broken its downward momentum. Technically we may see an index at the green line soon which will be the C point of a pitchfork. If the index followed this pattern as it did in the past then there's a high possibility of relief in the alt market cap. As always we trade on possibilities so make sure you keep in mind every factor of the market and trade accordingly.
CRYPTOCAP:TOTAL2Long
by meshbtc
BTC Major Resistance!Hello Community! BTC /USDT is currently attempting to move above the major S/R zone (white line) shown on the chart. We need to close above this line on the 4hr or Daily TF for this bullish momentum to continue. If entering a trade don't forget to use a stop loss. Don't trade with what you're not willing to lose. Love it or hate it, hit that thumbs up and comment. It'll be greatly appreciated! This is not financial advice. Safe Trading Calculate Your Risk/Reward & Collect! Simplicity Wins
BITFINEX:BTCUSD
by rnaofs
2