Bitcoinbuy
BTCUSDT 27524 Long! Let's break through 50MA 1D and fly to 33000Bitcoin is being pushed into the bull zone!
The price is being pushed above 50MA!
Going above 50MA (28146) and breaking through 28447 will open the way to 30036 and 31000 levels!
Then the stop cloud is activated and the first target is 32390!
Profit to all!
Trade BuySellStlye levels!
Trade with us, trade better than us!
BTCUSDT likely to head up for 29236 levelThis is a long shot long idea but like the last time this one is also worth trying. The price is not near the entry point but I will add a third a bit lower from here, a third on entry level and a third down from entry if the price dips and long still seems favorable. The target for this trade is 29236. The price may have pullbacks on the way at 27300, 28150, 28936. We will monitor those levels and take partial profit or come out of the trade accordingly.
THE LAST DROP OF BITCOINHello traders,
Bitcoin is going to be drop one more time before run and create a new high from my perspective this is the best and maybe the last opportunity, price can drop from around 32k to 48k now the current market price is around 28k so probably it can hit 32k in coming days.
Bitcoin is currently rising but in my view there is one more drop is coming it will take time a lot of time but after that bitcoin will be going to create a new high.
I am waiting for bitcoin to drop and buy from the low price as much as possible, i mentioned area with box in the chart that is the potential area for buy bitcoin but right now bitcoin is for short term of time is bullish and i am not interested in that short term.
watch and wait bitcoin to drop and look for a long position opportunity for a long-term period of time in the area that i mentioned.
The area that i mentioned in the chart for a buy bitcoin is around 18k to 5k i will be looking for a buy bitcoin in between these two prices, i know that the distance between both prices is so long but i will update you later with the new idea if price drop and enter in the mentioned area.
This is the analysis and my view about bitcoin.
This is just analysis, not the exact trade or any kind of signal that proven with wining or losing % so be sure trade with your own according strategy do not depend on my analysis, this analysis is just a scenario and i would love to be wrong because i will learned from it and come back stronger.
Trading is like marathon race, its a long run game.
I wish you good luck and good trading.
Very Strong Buy Indicator for BitcoinBitcoin seems very bullish today especially if the 1 day candle will close with a big green candle and small wicks.
1. We can see that the bitcoin price breaks out from its falling wedge in 4 hour timeframe. (Some will see the pattern as a descending triangle.)
2. The price crosses upward in the 200 SMA in the 1 hour timeframe. As long as it stays there, we are bullish.
3. DMI looks very bullish but we can see small pullbacks later on this day. As long as the ADX has positive slope its fine and the ADX has not been on above 50 level yet.
I'm looking forward for reversal of the bitcoin price but we still need more confirmation. I'm looking to hold my trade for a long time.
Bitcoin Buy on 1 Hour TimeframeHere are the list of why I'm buying based on 1 hour timeframe:
1. +Di is above the ADX and -DI.
2. As of now, we can see that the -DI will go below ADX which is very bullish indicator.
3. The slope of ADX also counts. The slope of ADX is preparing to go higher.
4. The 25 SMA and 100 SMA will cross.
It is very short term and the trend can quickly reversed because it's only 1 hour chart. the trade will last for 1-3 days.
My take profit indicator is when my +DI go below the ADX just like on my previous trade. (see link to related ideas)
BTC LONG TERM VIEW - BUY ZONE!Right now we obviously still in the bearish waves LONG TERM, on the weekly we have created a bit of a support bouncing off the 2017 highs of $19000. I believe we are one more deep pullback away from making some life come back into the crypto market... if we break $25000 that could be the turning point but for now I do see price creating a bit more excitement before then some sharp downside. I take a bit of a different approach to the crypto market and very rarely day trade it, I'm looking for a few long term buys and I have a few levels in mind, major buy zone 12k but will probably start buying from 19k. Good luck to everyone and remember to trade smart!
Bitcoin BuyIf the MA cross and the ascending channel broke, we might have a big rally to the upside.
The DMI looks good because the +DI goes above 25 level and the ADX will go below the -DI which indicates a very bullish indicator.
We also need to remember the confirmation that we need to break above the channel and the MA cross to be sure.
But for me, I already entered a long position
See also my relate ideas, I’ve been waiting for the crossover for a flew days now.
Revisiting our Bitcoin analysis from Jan 7 2022On Jan 7 2022 we posted above analysis based on Logarithmic Growth Curves. Below is the content from the post.
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If we look at the entire history of bitcoin with the logarithmic curves we can see that the volatility has reduces drastically compared to previous years.
As the bitcoin adoption increase, it becomes more slower and harder for BTC to break its new barriers and hit new ATH. In 2013 BTC reached its peak quickly compared to 2017, and similar to we can expect the a delay in BTC reaching its new peak in 2022.
If BTC continues to fall then we can expect it to stay above $25k LowDev price.
However, BTC $150k is around the corner and it is expected to touch the HighDev ($150K+) soon. BTC new peak is imminent but it's just about how long will it take.
I personally think that BTC will reach it's new peak around the beginning of Q2 - 2022.
Let's wait and watch.
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As you can see bitcoin has reached LowDev price of range of 25k easily and i'm expecting bitcoin to reverse it's market trend after continuing some volatility around the LowDev range.
Let's see how it plays out. Stay tuned for more updated.
Drop a like and follow if you like our analysis.
Hexa
BITCOIN ACCUMULATION SCHEMATICAs we know at the every top and every bottom of the correction in the last year there has been form either a Wyckoff Distribution or Accumulation Schematic allowing Smart Money to Accumulate their Positions for an upcoming change of Trend.
This Time should be no different and we already see a possibility of the Wyckoff Accumulation Schematic forming on the Bigger Picture on Bitcoin.
Price has formed 2 Liquidity points, Buyers Climax and Secondary Test which already have been liquidated by a possible Spring that is forming Right now.
What is Key to this Wyckoff Schematic is that we don't just look for them on a random point of the Market but usually in a special area that may signify the change of Trend.
This time this special area is a 30k zone which is a Big Support zone from the previous Accumulation, which is also backed by some very important Fibonacci levels making current forming Wyckoff Schematic more probable.
Now, when we know that a schematic may be forming and that it is in the right place, what can happen next?
Well, there's a few patterns to a Wyckoff Schematic and we have to remember that no schematic is the same nor perfect as a textbook example.
Assuming right now, we have Spring forming, we can have upward move next, giving us a last point of support (LPSY) and then rally to the upside,
or we can have another leg to the downside which would be called a Spring in Phase B, liquidating positions from Spring.
Either way, the direction of the Accumulation Schematic is always bullish.