Get started

Bitcoin-trading

Bitcoin, Testing Remaining Zones, Determining Scenarios!Hi, Welcome to this analysis about Bitcoin, we are looking at the 3-hour timeframe perspectives. Since this major bullish bounce to the upside recently occurred with Bitcoin moving above important resistance with exceptional demand moving into the market Bitcoin is now testing these main remaining resistances marked in my chart by the descending-resistance-line in black, and the horizontal resistance level in blue, these are two significant resistance-reference-points above which Bitcoin need to move to maintain continued bullishness and testing of further resistance, when this does not happen and Bitcoin does not hold the ascending-channel this will lead to an initial invalidation of the bullishness to test lower levels. For now, it will be meaningful how Bitcoin reacts in the resistances further determining further developments. In this manner, thank you for watching the analysis and great contentment for everybody supporting, all the best! "There are many roads to prosperity but one must be taken." Information provided is only educational and should not be used to take action in the market.
BITSTAMP:BTCUSD
by VincePrince
3
Bitcoin LTF ready for $50000 or $65000...?#BTCUSDT LTF Update:- $BTC currently trading at $54900 And now trading at resistance level $55000 If price sustained above $55500 then My target will be $65000 Otherwise ready for $50000 So CryptoPatel Levels:- Above $55500 = $65000 Below $55000 = $50000 If closed ( any small time frame candle minimum 1H candle ) above $55500 then Target would be $59398 $62293 $64773 But If not sustained above $55500 then $50000 $44000 $38000 Please click LIKE button and Appreciate my hard work. Must follow me for latest crypto real time updates. Thank you.
COINBASE:BTCUSDShort
by CryptoPatel
31
Bitcoin, Channel-Breakout Developed, Continuations Ahead!Hi, Welcome to this analysis about Bitcoin, we are looking at the 4-hour timeframe perspective. Since Bitcoin recently has shown up with this strong bounce to the upside it has formed a very interesting structure determined by this descending-channel-formation marked in my chart with the black boundaries. Recently Bitcoin managed to bounce above the upper boundary and close there, this gives the setup for a sufficient continuation to the upside when Bitcoin holds this zone further, when this happens as the likely scenario Bitcoin will move on and continue to the upside-targets marked in blue in my chart from where the situations need to be developed further and it needs to be shown if Bitcoin manages a continuation above the remaining resistances. In this manner, thank you for watching the analysis and great contentment for everybody supporting, all the best! "Good luck is when opportunity meets preparation." Information provided is only educational and should not be used to take action in the market.
BYBIT:BTCUSD.P
by VincePrince
5
Bitcoin, Why And How A Sufficient Breakout Can Establish!Hi, Welcome to this analysis about Bitcoin, we are looking at the 4-hour timeframe perspectives. In recent times Bitcoin has shown up with an interesting upside bounce firstly initially on the local timeframe perspective moving above the previous resistance now as I discovered Bitcoin has established this main descending-channel-formation. When Bitcoin manages to stabilize within the range in the channel as shown in my chart to form a breakout above the upper boundary this will lead to a continuation to the upside and testing of the remaining upside-targets marked in my chart around the 56950 levels, therefore it is highly necessary that Bitcoin holds the supports and do not fall below them because this can possibly invalidate bullishness. In this manner, thank you for watching the analysis and great contentment for everybody supporting, all the best! "Trading effectively is about assessing possibilities, not certainties." Information provided is only educational and should not be used to take action in the market.
COINBASE:BTCUSD
by VincePrince
6
Bitcoin, In Massive Channel, Determining Scenarios Upcoming!Hi, Welcome to this analysis about Bitcoin, we are looking at the global 4-days timeframe perspective. Since Bitcoin on the more local timeframe perspectives has shown up with bearish declines testing now established supports there is the possibility given that it sets up for a wave to the upside however when this happens Bitcoin will run directly into the upper wave-distribution-range marked in my chart in red from where a pullback is highly likely especially as Bitcoin will move into a much higher overbought condition now this does not mean Bitcoin is completely bearish forever however when Bitcoin pulls back in this range it can indicate a much bigger bearish aligned pullback testing the lower zones of support as marked in my chart. It is important to do not overspeculate the market in such phases as especially the cryptocurrency market keeps being volatile to the up as well as to the downside therefore it is necessary to do not rely upon a certain direction as changes can happen more swiftly and fastly like the previous local pullbacks have shown one more time. It is not seldom seen that after such initial declines happened the market manages to back up a little bit before a bigger pullback shows up which can be the case when Bitcoin reaches the upper distribution levels. Now after this it has to be measured how Bitcoin reacts to the remaining supports then as they can be the origin of more upside potentials in the upcoming times, as traders we should be prepared on both scenarios. In this manner, thank you for watching the analysis and great contentment for everybody supporting, all the best! "There are many roads to prosperity, but one must be taken." Information provided is only educational and should not be used to take action in the market.
BITSTAMP:BTCUSD
by VincePrince
6
LOOKING VERY BEARISH TOO 34K TARGETWell all you bulls might just hate me for saying this but the chart patterns, my technical analysis,indicators/signals,confirmations from my “M.E.L.T.S STRATEGY “ is telling me that we are not done going down using the daily chart, the RSI is a little over sold but at 30 it could be used as momentum when we have not 1 pattern to breakdown but 2 together , a large s.triangle with a rising wedge inside with both having the same support trendline to break through, the target from this bearish breakdown is exactly 34K at the 200-ma , I use a total of 15 signals that are in confluence with each other and work as a great winning football team like the PATRIOTS when they had the dream team together, they worked insync and in synergy together with each giving one another confirmation that they would win the game , my strategy is telling me that the bears are going to win this matchup, everything is lit 🔥 up red for the bears on my strategy with every indicator and signal on 🔥 fire , well u guys tell me what you think? This will not happen overnight but within the next 2 days we are going to have very low volume followed by some huge breakdown volume to smash through the double support 2 triangles, hey maybe I’m wrong, Chris moodys tops/bottoms is in the extreme red bottom saying the bottom is in so let’s just see if that 1 indicator can put match my technical analysis chart patterns and the other 14 signals saying otherwise on the DAILY, thanks SHA256BITTRADER
BYBIT:BTCUSD.PShort
by TRADERBUG_TECH
BITCOIN (BTCUSD) – Week 17- Bearish territoryThe Louisiana House of Representatives recently passed a bill praising Bitcoin and its eponymous founder Satoshi Nakamoto for "contributing to economic stability." It claims that the flagship cryptocurrency will eventually replace gold as the world's reserve asset. The Chinese government, which is famous for its anti-Bitcoin and anti-cryptocurrency policy, seems to be softening its stance. According to Li Bo, Deputy Governor of the People's Bank of China, the country is considering Bitcoin as an alternative investment. Bitcoin is sometimes referred to as a store of value asset and a hedge against other areas of finance since it is not tied to any central government or country. Former risk analyst and author Nassim Taleb, on the other hand, disagrees. In an interview with CNBC on Friday, after noting Bitcoin’s (BTC) similarity to a Ponzi scheme, Taleb said: “There’s no connection between inflation and the coin. None.” Technically, since we broke the blue trendline marked on the chart we find ourselves in bearish territory. We have to study the market structure at the support or resistance areas marked on the chart to understand where the next wave will be. There is a high probability for the price to reach the support at $43k after it touches the resistance or straight away. Trade with care. Best regards, Financial Flagship Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
BITSTAMP:BTCUSD
by financialflagship
4
Bitcoin, Why And How A Alteration In Dynamic Can Establish!Hi, Welcome to this analysis about Bitcoin, we are looking at the hourly timeframe perspectives. Since Bitcoin has shown up with its massive bearish declines to the downside it is testing lower support-zones and has now formed this descending-channel-formation marked with the boundaries in black, within this channel Bitcoin has the coherent wave-count and already completed the waves A to C within it, now with the wave D developing that will run directly into the main resistance-zone where a pullback is likely. Bitcoin then will continue till there is support found in which further stabilization and then a breakout-attempt is possible however when Bitcoin moves below this blue support this will lead to the invalidation of the channel and continuation bearishly. In this manner, thank you for watching the analysis and great contentment for everybody supporting, all the best! "The high destiny of the market is to explicate rather than to speculate." Information provided is only educational and should not be used to take action in the market.
BYBIT:BTCUSD.P
by VincePrince
9
BITCOIN | Full of Bearish Pressure!Hi, Over a year, we can say that the price of Bitcoin is in the bearish market. Do you want it or not but we have several confirmations from the price action which confirms that it is true. Bearish confirmations from the Daily timeframe: 1. The correction from the top is more than 26% (standard bearish market definition is 20% correction from the top) 2. Almost all the bullish trendlines are broken, the drawn white trendline needs a Daily candle close below of it and it will be confirmed - basically the key criterion. 3. We have a first lower low (LL) since Sept. of 2020 4. We have Daily candle closes below 50EMA. Haven't seen it since Oct. of 2020 These are major criteria that allow me to think that the bearish market has started. I don't know how long it will last but still, I want to point out some areas which can play important role in the further price action. The first important area comes around 40k, if the price falls lower than the current price then I think this price zone will stop it and even can produce reversals (if the price reaches there I will make an update). It depends on how today's candle will close. If it closes below the trendline the 50k retest and we are going approach 40k. I'll start to write a long post but I started to think that the whole concept of this will be ruined after today's candle closes above 50k and above the trendline. So, take this post as an alert and you have been worn ;) Stay healthy, Vaido
COINBASE:BTCUSD
by VaidoVeek
20
Bitcoin, Fully Completes Wedge-Formation, Further Conclusions!Hi, Welcome to this update-analysis about Bitcoin, we are looking at the 12-hour timeframe perspectives. As mentioned in the origin-analysis Bitcoin made the major move below the lower boundary where it had strong resistances given likely to show up with a continued pullback, this possibility now fulfilled as expected. As Bitcoin showed up with further bearishness it is pointing to the lower zones of support mainly within the 45750 level marked in blue from where Bitcoin has the ability to back-up again however when this does not happen and Bitcoin falls below this line it is likely to be the source of further bearish continuations to the downside, for now, the bearish side should not be kept by side in this case. In this manner, thank you for watching the analysis and great contentment for everybody supporting, all the best! "The high destiny of the market is to explicate, rather than to speculate." Information provided is only educational and should not be used to take action in the market.
BITSTAMP:BTCUSD
by VincePrince
13
Bitcoin, Forms Head-Shoulder-Formation, Incoming Determinations!Hi, Welcome to this analysis about Bitcoin, we are looking at the 2-hour timeframe perspective. Since Bitcoin has shown up with heavy bearish declines it somewhat found some marginal support in the structure however did not yet manage to rally above, this shows relative bullish weakness. Besides that Bitcoin has now completed this head-and-shoulder-formation in the structure in which it made the breakout bearishly below the neckline, as Bitcoin has this major resistance-cluster given this is the likely origin for a bearish move to the downside as the head-and-shoulder-formation completed, Bitcoin will then continue till the lower levels and targets are reached within the dynamic-target-zone from where the situation needs to be elevated anew. In this manner, thank you for watching the analysis and great contentment for everybody supporting, all the best! "Trading effectively is about assessing possibilities, not certainties." Information provided is only educational and should not be used to take action in the market.
BYBIT:BTCUSD.P
by VincePrince
20
Bitcoin, Develops Triangle-Formation, Given Possibilites!Hi, Welcome to this analysis about Bitcoin, we are looking at the 2-hour timeframe perspective. Bitcoin the recent times moved into a precarious situation because it has developed with these strong bearish declines that should not be underestimated, it is not seldom seen that the market sets up to continue. Now Bitcoin is forming this decisive triangle-formation marked with the black boundaries, the bullish breakout has a slightly higher possibility however the key here is the proper confirmation either to the up or downside, even when Bitcoin manages the upside breakout there is a strong resistance lying likely to show up with a pullback that can move Bitcoin to lower levels again, it will be an important development. In this manner, thank you for watching the analysis and great contentment for everybody supporting, all the best! "There are many roads to prosperity, but one must be taken." Information provided is only educational and should not be used to take action in the market.
BYBIT:BTCUSD.P
by VincePrince
17
Bitcoin, Main Channel-Formation, Determining Considerations!Hi, Welcome to this analysis about Bitcoin on the daily timeframe perspective. In recent times Bitcoin is has formed several moves to the up and to the downside forming this main ascending-channel-formation with the coherent wave-count within and with the waves almost completing with wave E the next times, this wave E can move some more to the downside however when Bitcoin can not hold the lower boundary zone marked in orange and finally bounce there substantially this will lead to a bullish invalidation and increase of bearish pressure otherwise when Bitcoin manages to bounce within the testing of remaining resistances will come up which will be crucial for stabilization as there are significant resistances still given. In this manner, thank you for watching the analysis and great contentment for everybody supporting, all the best! "The key to success is to focus on goals, not obstacles." Information provided is only educational and should not be used to take action in the market.
BYBIT:BTCUSD.P
by VincePrince
5
Bitcoin, Why Bearish Alignments May Not Yet Have Ended Already!Hi, Welcome to this analysis about Bitcoin, we are looking at the 12-hour timeframe perspective. As mentioned already in previous analysis Bitcoin on the global perspective had to set up sooner or later for a bigger pullback, these bigger pullbacks have now shown up or it is the beginning of it, especially when looking at the volume with which this sell-off occurred it should not be underestimated as it is not seldom seen that after such heavy volatility and volume the market develops further continuation, in such situations, it is important to do not over-speculate into one direction only and see things as they are because market environments keep changing and especially in cryptocurrency where these changes occur swiftly and fastly. As when looking at my chart we can watch there how Bitcoin fully completed this major ascending-wedge-formation which was the important turning-factor in this whole structure, now Bitcoin remains below the meaningful 65-EMA and below the lower boundary of the wedge-formation which are strong resistances right now and it is not unlikely that Bitcoin pulls back bearishly to the downside when moving into the resistance-cluster marked in red. When this happens and Bitcoin shows up with a bearish pullback below the previous lows this will move Bitcoin to test the lower zones of support from where the market needs to stabilize and back-up otherwise a further continuation is still possible. In this manner, thank you for watching the analysis and great contentment for everybody supporting, all the best! "There are many roads to prosperity but one must be taken." Information provided is only educational and should not be used to take action in the market.
BITSTAMP:BTCUSD
by VincePrince
6
Bitcoin, Since Massive Long-Liquidations, Crucial Scenarios Now!Hi, Welcome to this analysis about Bitcoin, we are looking at the 6-hour timeframe perspectives. In the last 24 hours massive long-liquidations have taken place in Bitcoin, it was the highest volume of liquidations seen so far in 2021 and it was great for us in the VIP channel to enter rightly on the short-side before these heavy bearish volatilities have shown up. These events determine one more time how volatile the cryptocurrency market keeps and that it is necessary to right evaluate these changes in direction and prepare on it with the right line-up as the market can change swiftly and fastly like it is in no other asset class, this is why a long-only-approach will not properly serve when the market shows up with bearish alignments like it was the case here. As when looking at my chart we can watch there how Bitcoin now recently with the bearish volatility moved into this main ascending-trend-line where it firstly confirmed support also in the 300-EMA, now it is likely that Bitcoin will test the upper resistances from where a pullback firstly should be expected the crucial part then comes when Bitcoin moves on with the wave C to test the remaining support levels as marked with the orange box, when Bitcoin manages to bounce sufficiently within this zone and move higher possibly into the bullish-stabilization-zone that can lead to further bullish approaches, otherwise when this does not happen and Bitcoin increases bearish pressure this will lead to a wave-C-extension below this zone. In this manner, thank you for watching the analysis and great contentment for everybody supporting, all the best! "There are many roads to prosperity but one must be taken." Information provided is only educational and should not be used to take action in the market.
BYBIT:BTCUSD.P
by VincePrince
20
Bitcoin Flash dump as we predicted so guys hope you save money#BTCUSDT TA Update:- $BTC currently trading at $52000 and went down around $51000 as our support level. Now...? Now $50800 is strong support so we can see again $60000 But if break down $50800 then again ready for another $10000 dump and my Target will be $37000 Support:- $50800 Resistance:- $60000 Please click LIKE button and Appreciate my hard work. Must follow me for latest crypto real time updates. Thank you.
COINBASE:BTCUSDShort
by CryptoPatel
9
BITCOIN (BTCUSD) – Week 16 – Short-term correction?Coinbase, the largest cryptocurrency exchange in the U.S., became a public company this past week with the ticker COIN, driving the price of BTC past $65,000 USD. Bitfarms, a Canadian bitcoin mining firm, has announced that it is nearly finished with the procedures needed to be listed on the Nasdaq exchange. Bitfarms said in a press release that it is closely monitoring the listing and has filed the 2020 Annual Information with the Securities Exchange Commission. If the SEC approves Bitfarm's submission, it will become the latest crypto-focused company to list on the exchange. Following months of economic turmoil that prompted locals to exchange their local currency for bitcoin and foreign currencies, Turkey would outlaw the use of cryptocurrency as a type of payment. Cryptocurrencies are excessively risky, according to Turkey's central bank, which may be used for illicit activities. Crypto funds are also “neither subject to any oversight and monitoring processes nor a single regulatory authority,” according to the bank. Technically, on the 4h timeframe we are seeing a consolidation that has a high probability of breaking to the upside. One scenario however is a deeper pullback to the support area marked on the chart or the blue trendline and then shooting higher to new highs. Trade with care. Best regards, Financial Flagship Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
BITSTAMP:BTCUSDLong
by financialflagship
8
(1H) S.TRIANGLE LOOKING TO BREAK RESISTANCE BULLISHI’m looking to put in a long after a bullish break and candle close above (resistance) of the symmetrical triangle on the (1H) time frame, if it breaks and closes above 62,500.00 then I’m looking to put in a long position, put my stop loss below the support 61,700.00 aprox (1 ATR) below , we’re looking for price to hit target of highs 65k but we have 2 resistance at 63,946 and 62,588.00 if we are successful in breaking both resistance levels we should be looking at a target of price at bitcoins high and possibly a new ATH, I’m using a new strategy using both Alexander elders (IMPULSE) system using his 13-EMA and replacing it with a 15-EMA trigger , I’m using 3-4 of his indicators/strategy and also CHRIS MOODYS indicators like his MACD, EMA TRENDBARS, and PSAR As well as TORYS Hidden divergence, with using the ATR for stop losses and using support/resistance linear regression Chanel’s , I believe the sweat spot is the 15-EMA right in between the 9-EMA AND 21-EMA , waiting for a bullish cross just gives me a lot of confirmation and confidence in my position. Anyway if u want to know more about my new strategy for bitcoin trading “THE MOODY ELDERLY 15-EMA X STRATEGY “ the X is for how much maximum and sweat spot again 15X leverage , anymore you will have hard time getting a good risk/reward and to be able to us the ATR average true range correctly and successfully,
BYBIT:BTCUSD.PLong
by TRADERBUG_TECH
Bitcoin, Descending-Channel, How Decisive Breakout Determines!Hi, Welcome to this analysis about Bitcoin, we are looking at the hourly timeframe perspectives. As already mentioned in previous analysis Bitcoin had some sufficient supports lying in the 60500 regions which now confirmed as such and Bitcoin initially bounced there, besides that I discovered Bitcoin forming the descending-channel-formation with the coherent wave-count from A to C already completed as marked in my chart. Now when Bitcoin manages to stabilize further below the boundary to finally show up with a breakout as shown in my chart this will lead to further continuations and testing of remaining resistance, it will be important how Bitcoin approaches these as there can come further bullish developments when Bitcoin closes above resistance. In this manner, thank you for watching the analysis and great contentment for everybody supporting, all the best! "Trading effectively is about assessing possibilities, not certainties." Information provided is only educational and should not be used to take action in the market.
BYBIT:BTCUSD.P
by VincePrince
16