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Bitcoindollar

Bullish signsHello, finally there are bullish signs in macro MACD and RSI Golden cross reversal if plays out can hit us to 50k usd We just need VOLUMES, it depends on Crypto Influencers if they can creat it with their fake news similar as latest Amazon fake news If retails gonna gets fool so you have opportunity to dump your bag on suckers I think that will be the Dead cat bounce for late sellers to exit from the Ponzi. We are in a tricky phase, excessive fomo and hype can costs so much in this situation. Goodluck
Long
by BizzarTrading
Daily Bitcoin review: 8 Green candles in a row, whats next?**Welcome to daily Bitcoin analysis** Alright so Amazon accepting crypto news has helped Bitcoin surge to $40K, on Binance futures it even spiked to $48K. I personally have a small position open from $32,300 and I was waiting for some pullback that didn't happen, and it's usually the case with bitcoin. You always don't get what you want. I am still in no rush to add to my position and will wait for a pullback before adding more to my position. I believe we will see Bitcoin going to test 200DMA and maybe even higher to $48K where Biance future spiked on 26th July. I hardly use any indicators but OBV is my favourite and if you understand how to use it then more often than not OBV will give you buy signals before you see it on the price charts. So Bitcoin OBV on daily now clearly showing signs of recovery and break of resistance. When it happens along with the price is usually is a good sign for bulls. The fear index is completely bottomed out, so the market may have started leaning towards greed, so little correction and profit booking is expected here. Those who are waiting to enter, please wait for some pull back, always buy on the red candle and on support. We can see a pullback towards $35K to $36K and those will be good levels to buy. Hope this helps. Happy trading!
BITSTAMP:BTCUSD
by Trading_Cipher
What to do with Altcoins? 🤔🤔Many people ask for an analysis of altcoins. What to do? When to buy? When to sell? I get questions like this in my personal messages every day! Let's figure out what to do. The bitcoin dominance chart clearly shows that the price has broken away from the significant 40 mark. After that, it has been moving in an uptrend for a month, which is not good for altcoins. The price has now entered a zone where the fate of all altcoins will be decided. Bitcoin dominance - 2 scenarios: a)If bitcoin dominance breaks the upper resistance level, then all altcoins will start to decline further and the best solution is to sell. b) If bitcoin dominance breaks the lower support level, it will be a good buying opportunity and the altcoins will rise well. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
CRYPTOCAP:BTC.D
by Yuriy_Bishko
19
BITCOIN- Gaining MomentumOur updated Bitcoin chart shows momentum is building again. Price had finally broken over the 'cursed resistance' as we expected and we took profit perfectly at the top . Yesterday's post was also satisfied as the price did correct (after Amazon rumor denying the first amazon rumor). Read this post and see how we called exactly what happened before it happened. Both technically and fundamentally we keep looking for entry points to BUY, this never changes. One love , the FXPROFESSOR
Long
by FX_Professor
16
😹Binance Took Your Money Again? (⚠️You had been Warned!!!⚠️)'Reply at the right time', the ancient Greek maxims said. Well, today is the time to reply to some of you asking ' why I gave up on Binance ' Forgive my voice and sneezing during the video but I have Covid (not sure who is worse, Covid or Binance, the new covid is mild but Binance is still hungry and ready to bite😹) What do you guys want me to tell you? Just GOOGLE IT: Huge spike to 48k (funny, really) causes traders millions of dollars (a 20% slippage?? OMG!!!) Hedge funds back away from Binance after regulatory assault (everyone should back away with this kind of spikes) 🙈 Binance wants to lower leverage to x20 (trying to become legit) (No Binance, your problem is not the high leverage. your problem is that you are unethical!)🧐 Binance US mulling IPO, may need 'structural changes' to meet regulatory norms (good luck with that!) The exaggerated bullish move in the perpetual contract probably resulted from a big trade. (that's exactly the words that a scam broker will use to explain the unexplainable, 20% of the price slippage/swap) 👈😹 PS. Hi Binance, if you are listening perhaps you can finally reply to my chat with you from Saturday July 10! Welcome to China, the FXPROFESSOR
Long
by FX_Professor
15
BITCOIN: VERY SMALL SHORTBTCUSDT has been on a WILD RIDE lately We have formed a triangle after the recent uptrend, I think we are having a false breakout right now and we are gonna close below this triangle. I'm mostly counting on massive selling pressure from the people that have been underwater for a while (those that bought at above 30K on the previous run. Then some more consolidation before we can move in any direction with some conviction. This is a SHORT TERM SHORT, meaning I don't plan to hold this for much longer, just catch most of the move down... ALWAYS PRACTICE RISK MANAGEMENT, RISK MANAGEMENT IS THE MOST IMPORTANT SKILL A TRADER CAN HAVE
Short
by CryptoEstratega
2
BITCOIN- Updated Small ChartKey levels: 34800 and 37360 are support levels with high probability of being checked before rising higher 39500 is the first resistance, the one we took profit at today whereas 41100 and 46000 are the next resistance levels and take profit levels at the same time. again, AMAZON rumors can be confirmed (that would be awesome and only positive fundamentals) or can be rejected (that would be very negative but i don't think it will be the case). One Love, the FXPROFESSOR
by FX_Professor
4
Bitcoin has hit strong support!Chart Overview Below is a bullet point summary of the chart, which include specific Gann lines that denote support or resistance. * 3 Day BTC/USDT chart on binance * Line A = Very Strong Support * Line B = Strong Support * Line C = Medium Resistance * Line D = Strong Resistance * Line E = Medium Resistance * Line F = Strong Resistance * Line G = Very Strong Resistance * Line H = Future Resistance or Support Analysis We can see that the price is currently sitting on Line B, we can see via the volume that selling pressure has noticeably dropped. Two likely predictions would be a bounce from here to more upside or a crash through line B towards Line A. In the first scenario, in the event the price bounces and continues to grow, the next resistance points which APPROXIMATELY be: 1) 45k 2) 53k 2) 65k 3) 77k 5) 85k In the second scenario, in the event the price continues to decline, the next support points would APPROXIMATELY be: 1) 24k 2) 20k 3) 16k 4) 14k 5) 12k Conclusion Right now their doesn't seem to be any clear indication that the price will continue to fall significantly, volume is low and we've hit a strong support point. To play Devil's advocate, panic selling can push the price down to 24k, however judging by the last two drops to 30k and 28k and now this current decline the amount of panic selling left in the market is depleting. What do you guys think, are we about to reverse or are we going to continue seeing lower prices? Disclaimer: Not professional advice, do not invest your money based on this analysis.
Long
by cmpkpersonal
BTC daily review: What a impressive move Bitcoin**Welcome to daily Bitcoin analysis** Wow, what a move on Bitcoin this morning, that daily RSI breakout meant something didn't it. I was waiting for a retest of $33K to add more to my position, but that's how Bitcoin works, it surprises everyone. Look at the linked idea published last month, I was expecting a short squeeze for a while now but it took a lot of time to play out. Now that we have this move, I guess this is not the very bullish scenario for Bitcoin the move is just too fast out of nowhere and it tends to die down slowly. Let's see how it plays out in the coming months. Happy trading!
Long
by Trading_Cipher
BTC daily review: Long awaited RSI break is here** Welcome to daily Bitcoin analysis** So after a nice big move on 21st July followed by good 3 days of green closes and a breakout of $33K level. I am leaning short term bullish on this. I have one order filled at $32.3K and now I am waiting to add more on the retest of $33.2K, I will keep my SL below 22nd July daily low. Another bullish sign is RSI structure has seen a breakout after January and it is now trading above mid-RSI levels Fear has subsided from the market and looks like the market is getting ready to be greedy again. We can not rule out $41K to $44K move here. Are we out of the bear market yet? it's hard to say at the moment even in bear market prices don't fall in a straight line. So let's take it to level by level Happy trading!
Long
by Trading_Cipher
Bitcoin sell the downtrend.Bitcoin - Intraday - We look to Sell at 33420 (stop at 34202) Prices have reacted from 29300. Trend line resistance is located at 33500. We look for a temporary move higher. Preferred trade is to sell into rallies. Daily signals are bearish. Trades with a bearish descending triangle formation. The bias is to break to the downside. Our profit targets will be 31116 and 30516 Resistance: 32500 / 33000 / 33500 Support: 31000 / 30500 / 30000
BITSTAMP:BTCUSDShort
by Signal_Centre1
4
BITCOIN: Small short on the consolidation BTCUSDT has been on a downtrend on the daily for a while now. We broke down below the 50 MA on the daily wich means a very likely bear market. Now we have pushed from the lows of 29K with a strong bounce off support, this area of support has been heavily battered with multiple touches since the drop from the ATH's I believe this might prove to be a false breakout and we could continue the downtrend further. Based on this I'm opening this short.
Short
by CryptoEstratega