Bitcoindollar
This is the end? BTC (Bitcoin/USDT)...BTC fails to stay or break above 41k.
this move was expected, now we wait for the pennant pattern completion as we're heading for the 3rd bottom touch before resuming the bull move.
remember March 2020? yeah, just a month later we get almost the same move this year.
shake out, paperhands, weak hands, manipulation, welcome to crypto.
Good luck everyone
BTC // CAN WE SEE ANOTHER SELL OFF? (WOULD LOVE TO) 😋Technical Overview: - BTC
Can we see price sell off?
Nobody knows, but we can react to price :)
LAST CYRPTO ANALSIS FOUND HERE
Use our analysis as a sentiment
Analysis is only 1 piece of the puzzle 🧩
Our analysis is a sentiment for the upcoming week, month.
Use this as a weather forecast, you are the person that has to put on a jacket when it’s raining.
Trade this sentiment based off your own entry strategy at the right time.
Flow with the Devil 😈
Trade with the manipulation👾
STAY UPDATED BELOW!
Bitcoin's Dominance Will Rise. What Does it Mean?Bitcoin’s Dominance is currently located at all time lows. The lowest BTC dominance was at 35% when Altcoins were popping back in early 2018.
After the dominance started to increase, the whole market was taking hits especially altcoins.
Now the daily chart of Bitcoin’s dominance is suggesting that the dominance is again about to rise and this can mean few things.
- Bitcoin will fall in value, but altcoins will fall in value faster
(We’ve seen this numerous times, when the market dumps hard, Bitcoin will fell almost always the least.)
- Bitcoin will rise in value, but altcoins won’t be able to catch up
(Bitcoin breakout from $20000 to $40000)
- Bitcoin will be moving sideways meanwhile altcoins will slowly lose their value
(2017 rally to $20000 scenario)
Whichever of these scenarios will play out, the best strategy would be to either buy Bitcoin or buy a stable coin.
RSI is about to break above 60, MACD very likely to push another strong buying wave and the dominance continues to trade at 50 EMA, failing to find resistance.
BTC buy the dip.BTCUSD - Intraday - We look to Buy at 31032 (stop at 29986)
Pivot support is at 31000.
Trading close to the psychological 30000 level.
With signals for sentiment at oversold extremes, the dip could not be extended.
Dips continue to attract buyers.
We look to buy dips.
Our profit targets will be 33996 and 34996
Resistance: 33000 / 34000 / 35000
Support: 32000 / 31000 / 30000
every thing is normal see the rsi cycle😎see related idea pleasersi should touch 24🙂.just see the related idea.like please.
Don't long Bitcoin into resistanceJust couple of days back we were looking to long Bitcoin at around $35.5K to $36K range, it has clearly broken the support and fell below to $33.5K and quickly got bought up, but now it's rejected by the support turned resistance at the moment, so I wouldn't suggest to long here. Only good thing is, there is RSI and OBV bull diversion on 4hr chart (Not on CCI), I would suggest we wait for one more day to see if it breaks above resistance range, or hover around $34.5K to $35.5K range means not sellers are stepping in.
Happy trading!
Inverted BTC Chart Shows 5th Wave IncomingIf you invert the BTC chart you will see a pretty textbook elliot wave structure. All of the fib levels match up as well. Leg 3 is exactly 1.618 of leg 1. Best case scenario we end up having a truncated 5th wave which takes us back to 30k before reversal. Worst case we see 26k. This is all my opinion and not financial advice. Thank you for viewing my post!
Is Bitcoin repeating a very bullish pattern!Hi Guys
Very important video, must watch, in which I quickly and clearly show how Bitcoin could just well be priming itself for another significant run up!
*Not professional advice!
Please like and comment and let me know what you guys think!
dead cross history☠️%-50 buy in the blue areaplease see the related idea.(that idea is so important.)🙏i will buy in blue area.totally correct.like please.
37,38,37,? how a wolf see the chart😎 my new idea.they will copy my idea as fast as possible😑 like please.this idea is totally correct.see the related ideas🙏
BITCOIN: Small relief before the DUMP or bounce off support?BTCUSDT is now at support, we are also still in a downtrend and volume has also steadily fallen.
We are probably going to range for a few more hours before any other serious move.
It could potentially be another build up against support before we push down to the lower part of the range.
But could also be a consolidation...
Right now, we just need to be cautious in either direction.
ALWAYS PRACTICE RISK MANAGEMENT, RISK MANAGEMENT IS VITAL TO TRADING.
BITCOIN: Bounce off support?BTCUSDT has had quite a bearish move down in the past 4 days.
Right now we are at a mid range support (35K) and holding up in the ichimoku cloud.
Volume is quite low, if buying pressure could enter at this point a possible PUMP could not be discarded.
This could also be a false breakdown of the build up against resistance, if we get back against resistance again, we could surely breakout.
Right now I would be cautious, but this could be a pretty good level to buy.
BITCOIN: Can we start a new uptrend?BTCUSDT is rather bearish now:
The last 4 days in the red (4 is also a very bad luck number in asian cultures, as it sounds similar to DEATH
Below the 180 EMA
After a very strong downtrend
Below the Ichimoku Cloud
With several strong resistances above 40K, 45K, 50K
Considering all this, the general outlook is rather bearish.
But, currently we seem to be about to start an uptrend as shown by the trends indicator in the green (Hull suite indicator).
Volume is also rather low, if we can get some buying pressure, we could start a buildup against the 40K resistance that could potentially get us back into the cloud.
BITCOIN: Breaking down?We have broken below the 180 EMA with quite some strength in the move.
Right now we are below the cloud and looking to continue heading down until we find some support.
Possible areas of support:
37.500
36.000
34.700
We need to wait and see how price reacts around those areas, right now we seem to be holding 37.500 but we might continue the downtrend.
I'm opening a short at 37.610 with a STOP LOSS at 38.100 with a trailing stop of 5%
ALWAYS PRACTICE RISK MANAGEMENT
BTC Sell the resistance.BTCUSD - Intraday - We look to Sell at 38988 (stop at 40020)
Broken out of the triangle formation to the downside.
Pivot resistance is at 39490.
Daily signals are mildly bearish.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
The trend of lower highs is located at 39000.
Our profit targets will be 36363 and 35300
Resistance: 38200 / 39000 / 40000
Support: 37000 / 36200 / 35000
BITCOIN: 40K REJECTED FOR NOW?BTCUSDT has failed to close above 40K and break out of this range. (41K to 31K).
Volume is also going down, signifying a lack of the necessary build-up to breakout.
It seems we are going to continue ranging for a while, with more consolidation in the middle to lower part of the range for now.
BITCOIN: Start of downtrend?BTCUSDT tried again to break above 40K but it appears in the grim bearness of the near future there are only sellers.
Although BTCUSDT has slowly crept up from the lows of this range, we need a strong break with volume if we are to leave it below.
Right now It seems more likely we will start a new downtrend and break below the trendline pushing us down into the lower part of the range.
