Bitcoin-intraday
BTCUSD, m15Intraday: We continue to watch BTCUSD. We corrected the markup after the price growth stopped at 19700, forming a five-wave impulse of a small wave (1). Small wave (2) completed the decline of $19250-19300. Small wave (3) will bring prices to $20400. Drop below $19100 cancels this scenario
BTC intraday trades cam pivotsyour best chances are short H3 target L3 (and hope for a break of L4) Or long L3 target H3 (and hope for break of H4). between H3 and L3 will be ranging. Above H4 is further upside to close to H5 (also monthly H3... and maybe a good place for a short). a quick move back under L3 or L4 area reveals this as likely to be a fakeout on the upside. analysis using CPR and camarilla pivot points
BTC/USDT : Start of new bullish move to 51K confirmedBTC/USDT : Start of new bullish move to 51 000 confirmed
Context :
Following my previous Mid/long run analysis here :
The market reached the entry area at 42000 before bouncing off and surpassed confirmation resistance at 43200 opening a direct rise for the coming days
Daily View - 1 to 3 days - 3H chart basis
The BTC is reintegrating the price action above the EMA21/55/89 and the RSI is progressing in positive area
The Target of the 5th wave is set at 51K in parallel of the Fibonacci retracement set at 51K
As long as 42500 remains support a direct rise to 51 000 max 52 000 is expected before any pause / consolidation
Alternative : breaking 42500 a a direct drop to 39700 will occur
enjoy
BTCUSD LONG Fibonacci levels for intraday tradingThese are the Fibonacci retracements I am watching for BTCUSD today :
N1: 54080
N2: 53358
N3: 52191
Current intraday trend likely DOWN
DON'T FORGET TO SET STOP LOSS IN CASE OF NO REVERSAL FOR A LONG TIME
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BTC intra day setups and overlook cam pivotsAlthough it should be mentioned the weekly closes soon and it will bring possibly a change of price action. the current levels and call to actions for the daily are here. could short H3 (stop at H4) targets L3 (and see if beyond) alternatively you could do the same on L3 if you already did could consider what to do soon before new york opens. and alternatively you could wait for H4 or L4 to break. enter on restest. Target the H5 or L5 with stoploss at the near level 3 respectively.
Camarilla pivots daily levels.
btc bitcoin short scalp retracedaily close with pivot roughly 1.5k lower former which most of the time gets struck. safer bet would be to wait for the utc close gets confirmed for that setup. the next 1.5hours of PA can average that up or down. target for scalp or maybe dip buy on that next P or next L3 level. and if it rises before close the next H3 using camarilla pivots on daily levels with would my guess on where reversal happens