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Bitcoindollar

BITCOIN about to hit 30K supportBTCUSDT continues the downtrend as we are getting closer and closer to the 30K support. The 30K support is just below us right now, and could potentially bring in some buying pressure to stop to the downtrend. If the 30k support holds, we could range for a while in the area below the Ichimoku cloud and above the support. This could prove a good opportunity to either consolidate before a new leg up. But if bulls show little strength we could continue the downtrend until the 20K's
by CryptoEstratega
BitCoin crypto forecast 2021BitCoin cryptocurrency has not pulled back to the strong imbalance shared with you a few months ago. Everyone is talking about Bitcoin, even my 87 years old mother asked me the other day what BitCoin was because she was hearing about it on the news all the time. If such an old person, unrelated to the crypto world, is suddenly interested in knowing what BitCoin is, we’ve got a problem. It’s telling us NOT to buy BitCoin or any crypto currency long-term. What I just said is far from being a technical analysis, even less a fundamental analysis on BitCoin. However, this thinking process is so simple that nobody stops to think about the consequences of such a statement. When someone unrelated and unexposed to the financial market, with no interest at all in cryptocurrencies or BitCoin, asks about it… Do not buy! It’s a very simple rule 🙂 Let’s talk about BitCoin technical analysis and prediction for 2021. Pools of supply and demand imbalances are created in all BitCoin timeframes, you must know what these imbalances look like and what they mean before you decide to take a trade on BitCoin. Find below a long term analysis of BitCoin cryptocurrency using the monthly timeframe. Buying this crypto is not a good idea, we are waiting for a much bigger correction on the monthly timeframe this year 202. Intraday and shorter-term crypto traders could think of shorts on the way down to the strong imbalance located around $12.500.
Short
by AlfonsoMoreno
7
Bitcoin in a Bear Flag.The price action of 4h time frame Bitcoin chart has formed a bear flag which is bearish continuation pattern. I expect the price to drop at least $34000 per Bitcoin. Next bearish target is at $33400, ultimately followed by key support at $30000. As you may know I am bull myself, only a spot trader so I look just for moves to the upside to take trades, but unfortunately the current situation doesn't look too good as the price in higher picture is forming a descending triangle/bear flag. Let's see how this goes!
BITSTAMP:BTCUSDShort
by TiborVrbovsky
10
Major Support for Bitcoin on higher TimeframeAt this time when there are many speculations around where Bitcoin is heading, I thought of analysing it at an higher Time frame. On a daily chart, we could see Bitcoin moving between Long Term Support and Resistance. During last major DIP, Bitcoin took support at Long Term Support. Bitcoin has bounced off this support trice since March'2020. If Bitcoin decides to break this support (which at this moment looks unlikely), then next major support is at 30K again. Coming days will give us clear picture on where Bitcoin is heading. Will Long term support be able to hold pressure again? We will have these answers in couple of days If you like my analysis then do drop a LIKE and a COMMENT. Also do SHARE it with your friends. Also don't forget to smash that FOLLOW button to get daily analysis of multiple crypto currencies and sometime ASX stocks. Note - These are my personal notes and in no way a financial advice. Do your own research and Trade wisely
by Manjyot
2
TheKing Zones D3 Everything is in the Graph : - This analyse is based on 3 Days Timeframe so : 1 Column MACD = 3D - We started to be bearish and started a retracement on 20 March when MACD death crossed ( Red Zone ). We got a second dead cat pump but Bear Mode was already engaged. - On 28 May - Accordling to MACD Columns you can see the red bars are shorter and shorter, it could means the bears are starting to give up. - For now we are staying in the Neutral Zone ( Yellow ), i advise to you to not play with fire because a Bear Trap can happen ( Quick Trap to 20k possible ). - Have to wait until MACD Columns Turn in Bull mode to start to be Bullish. - Again accordling to MACD we could turn in Bullish mode End of June ( 27 June on Graph ) ( Green Zone ). - MACD is still the most powerfull indicator in Trading, more Powerfull than RSI or StockRSI - Of course they are working bettter all 3 Together but if i had to choose 1 indicator it would be MACD. ------------------------------------------ TP1 is unchanged to me : 75,000$ ------------------------------------------ Remember this is just an hypothetical Theory based on TA and MACD. Everything can change with FA... News can be bullish or bearish. Feel free to comment with your ideas ! Happy Tr4Ding !
by thecryer
11
Did Cathie Woods Buy YOUR Bitcoin? Bull Scenario to $140kI said I would stop posting charts with Arrows since they always end up making you look bad. TA to me is not about exact pricing, but general investing direction over the LONG TERM. Despite this arrows do show thought process so why not. This chart is based off previous analysis showing possible top prices for BTC based on previous market cycle percentages and gives best bet for possible top of market to me personally. I would say that my sells are pitched around the $90k area for the long trades I have (which arent long term Hodl). Also we will see whether we are lucky enough to find further buying at the low $30k range for BTC this cycle. Thinking for reaching this target once more relate to popular Wyckoff accumulation theories, with bigger players pushing price down to continue accumulation. There is also a chance that the price may fall out of this support, at which point Bulls better be certain the reasons why they hold their crypto as you could be holding for a while. To quote; "you never know how low an emotional market will go" - Cathie Woods
COINBASE:BTCUSDLong
by Wynnsa
lets see the best wolf strategy😈🔥1.you should find this andicators(see realated idea right now)+you should know the best timefraim (see related idea) (point 1:if smoothed moving average go down for 8hour sell.) (point 2:if smoothed moving average go up for 8hour buy.) (point3:if smoothed moving average go up for 4hour and wolf pack become green buy.) (point 4:if smoothed moving average go up for 4hour but wolf pack is still red wait for next 4hour.if moving average go up again(4+4=8hour)but wolf pack is still red buy.if moving average go down and wolf pack is still red dont buy.) (point5:8hour smoothed moving average go down=sell) (point6:4hour smoothed moving average go down +red wolf pack=sell) (point7:4hoursmoothed moving average go down+green wolf pack=wait for next 4 hour:1:smoothed moving average go up+green wolf pack:dont sell.2:wolf pack become red+ 8hour moving average go down:sell) (follow+like👍🥺)+we use heiken ashi candles.we check smoothed heiken ashi for fun😆+when i say sell=short position=sell position.(250000 dollars🥳)
BITSTAMP:BTCUSD
by blindsniper2000