BTC Bears Lets Take Out 35K!!Looking to sell once again. Huge potential to drop massively. Get Ready!!!
Bitcoin-usd
The Path of Bitcoin As we can see on the daily chart, bitcoin is moving in a descending triangle.
Bitcoin need to break out of this triangle in a upside way to remain bullish. A downside breakout means bearish and may take a while to regain profits again.
This is no financial advice, but I think this is a strong possible scenario.
What do you guys think?
40000 Target Below 200 EMABearish Trend
Trend Line
Below 50 EMA
Below 100 EMA
Below 200 EMA
ADX Activated
Rsi Signals
BTCUSD sell zoneBTC is currently in a downtrend on H1 and H4. Following that, we're looking for the best trading opportunities.
Based on our strategy that we've developed ourselves and we use on a daily basis, pretty soon price will enter a sell zone!
This will be a perfect moment to look for entries with targets at 35 650.
We would use rejection of this zone and reversal candles as our confirmation.
In case of a downside impulse, we could also look to add to our positions.
Follow us to find out how this setup develops!
RUN IT UP BIG DOGBitcoin is coiling up if this support at 40k holds. After todays pump im convinced we are in a triangle on the verge of a bullish breakout, after we tap the golden pocket on the nect triangle retrace. 75-80% trend completion is when i look for a breakout of a triangle. what do you folks think.
BITCOIN 2022 Weekly TFOn the weekly time frame what concerns me the most ion the panel below, is the bearish divergence the RSI 14 has been doing and still dropping likely to reach oversold levels, overall Bitcoin is starting the year a bit week but bulls are still trying to hold the previous bottom.
Price was rejected from a crucial level on the 50k range as well from the 12 and 21 EMA (red and green) on the currently weekly trading candle.. EMA 50 (purple) still holding, the question is, for how long?
As you can see the 35K range was traded for almost 2 months before the breakout, that is why, I consider this level as the floor to respect in order to keep moving up.
BTC/USD ABC Correction in PlayLikely BTC/USD ABC correction in play.
Notice the confluence of extensions and key levels. If compared to the 4 hour downtrend line (in white), a bounce to 56k would still make a daily downtrend valid.
Meanwhile the recent bounce off of $47.1K could be a potential support but the more likely scenario is a bear flag and an ABC dead cat bounce.
Zooming out to the weekly we see fractal patterns resembling a bear flag with further downside in play. Volume candles on the recent capitulation dump prove notable but not convincing. The recent break below the orange trend line shows a potential bull trap fake out last week followed by a Friday night massacre on the markets.
Useful is a comparison the the ETH/USD and ETH/BTC charts when compared with ETH.D dominance which recently peaked at 22%.
BITCOIN SHORT TRADE TARGETBTC - USD SHORT TRADE - NOV/22/2021
Entry: 61K
Stop: 70K
Take profits: 45K
Next Stop
BTCUSD Daily Price has been following an uptrend forming higher highs & lows. Price has been in the corrective phase & is now approaching a key area of structure support, which aligns with the daily ascending trend line. I am anticipating a reversal from this region for price to look to resume the uptrend for a new potential higher high next towards $85,000 next!
Bitcoin disaster?Seems we will have this kind of pattern.
In my previous idea i made the A B C correction and clearly we are going in that way.
Rsi didnt finish it's last movement.
What to do in this times?
Well that depends on you, but it's better to sell in the highest point and buy in the lower.
USDT Dominance Looking to Rise alongside BTC Dominance.We have a Bullish Shark with Bullish Divergence on USDT Dominance, very similarly we Have a Bullish Shark on BTC Dominance;
This may signal an overall weakness within the crypto market but more specifically within the altcoins.
Dollar in a bull flag formationWithout taking a certain bias in account, the DXY seems to be in a bullflag formation.
There was a prior deviation from the flag formation. Seems we are having one now as well.
This is not financial advice and this chart is only for entertainment use only.
Do not make descision's on this chart pattern.
XVG/BTC Show me something more bullish than this ,easy 400% roixvg looks super bullish ,there is nothing more bullish than this
Consolidation Before Market Open Signals Strong Move ComingGot a strong bullish wick on the 4hr chart, so it looks like Bitcoin is still very bullish right now. So should at least look for it to make a new higher high once it passes the 62814.64.
But it's still got to break the daily zone area of 61747.33 in order for that to happen. It's very possible that it will drop again, but let's cross our fingers for the BULL contamination.
BULL TP:
68132.89
with new levels added as price continues to go up.
BEAR TPS:
• 59603.93
• 58363.38 (monthly area, may pivot for buys here)
• 57231.56
• 55777.98
• 54364.49
• 52953.39
What is your opinion of the current and upcoming trend for BTC?Here you can see I am a slow and patient bear who ate his oatmeal and slept away Q4 & Q1 For all the stores were bear as well, So I bought moar oatmeal.
DXY looks like oatmeal
Not that I know anything ser's........ I like oatmeal
Me can only buy me oatmeal with DXY
Not really feeling like explaining this........I'm sure me shall be shamed for loving me oatmeal moar than me bloatmeal.
BTC Earth Or Moon?
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BTC - Weekly Short TradeCurrently at 78.6% fibonacci retracement, should this hold on the higher timeframes I would expect a downturn from here.
Lower timeframes look good, Daily closes on or around the retracement around $57K is what im expecting.
This could be pricing in some negative news coming in soon, around the 15th - 18th October with the US Government running out of money.
Now Btc ready to Sunday CorrectionBINANCE:BTCUSDT
Sunday Btc Correction day becarefull last support 51 to 50 then i hope the btc pumping again and again touch 60+
