Bitcoindollar
BTCUSD WEEKLY HOLALYSISAs of the moment WHALES does its job to induce and liquidate most of retail trader. Everything is engineered. I don't think Bitcoin will break 25k-26k zone at the moment so my over all bias still BEARISH, if so happen to break that zone it a clear change of character from downtrend to an uptrend, definitely change my bias too into BULLISH.
BTCUSD: The bottom is in! 🚀The Indicator Pi Cycle was been very accurate in the past. It has been quite effective in determining tops and bottoms. About Pi Cycle Indikator TOP: It uses the cross of 111 day SMA and 350x2 day SMA. About Pi Cycle Indikator BOTTOM: It uses the cross of 150 day SMA and 471x0.745 day EMA. And the RSI is below 50, which is also a clear bottom signal imo.
My recommendation as always: Buy the dips and hodl. 😀
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Let's see what happens.
Happy trading.
BTCINVESTING
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My Post Apr 17, 2021 "BTCUSD: Whats about PiCycle? A bearish signal?"
My Post Dec 15, 2021 "BTCUSD: Difference - Bearish Downtrend | Bullish Accumulation"
My Post Apr 15, 2019 (3 year ago!). I was one of the first btw. ;-)
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Financial Wave. BitcoinBitcoin.
After yesterday's rise of Bitcoin, our global markup changed from bearish to bullish. This is a good sign for BTC, maybe crypto winter is over, and a powerful rally awaits us soon. The short-term targets have also changed.
👉Our priority scenario in Bitcoin is the growth in wave 5 to 19699$. Before the growth, we allow a pullback in wave 4, but not below $17957, if the price goes lower, our scenario will change.
Bitcoin / Dollar trading in falling wedge pattern.Bitcoin / dollar trading in falling wedge pattern . currently price is trading at resistance level of falling wedge pattern. According to chart pattern analysis we might see bitcoin / dollar trading in range within falling wedge pattern. Once price level touch the support level of falling wedge pattern bitcoin / dollar price may moves up towards the resistance level 2 but if we break below the support level of falling wedge pattern we might see new bottom in bitcoin / dollar prices.
views / opinions are welcome to discuss.
thanks
Bitcoin / USD set to go up from 16850 to 18500 .bitcoin / USD is making consolidation pattern which was seen earlier as well before it moving in upward direction as shown in chart. it is also trading in Descending channel pattern . as per analysis we might see bitcoin to move till 18500 before this it can move towards support level and bounce back towards 18500. if it breaks that resistance level it can further move towards the 19000 and 19500 levels .
trade with risk management.
views /opinions are welcome to discuss in comment below.
Bitcoin Go Long Above 21530 and Go short below 21053 and 20386This is a short term analysis for 15 mins time frame for bitcoin
Execute Long position only above 21530 with 5 mins candle confirmation breakout for targets of 21645/21768/21919/22089/22193 ( Stop Loss will be strictly 21289)
Execute Short position only below 21053 with 5 mins candle confirmation breakdown for initial targets of 20908/20763/20667/20572 ( Stop loss will be strictly 21190)
For further breakdown wait for 20386 level to break and enter new short position with 5 mins candle confirmation for targets of 20155/19785/19410/19173 ( Stop Loss will be strictly 20572)
🟢 BTC HITS Take Profit then pulls back 🟢 Pefect Entry & Exit🟢🟢 Crypto Currency 🟢 BTCUSDT 🟢 BTC HITS Take Profit then pulls back 🟢 Pefect Entry & Exit🟢
Seeking Pips latest CRYPTO chart analysis on BITCOINS price action.
After a successful end to a short term trade setup that we shared recently, our main trade idea remains in place and which is that key resistance labled on this chart has to be broken at 20455 before we can anticipate the next BIG rally higher in Bitcoin.
Until that happens we see BTCUSD still sitting within our CHOP BOX indicated on our chart with the dollar symbols either side of the coloured box.
Bitcoin remains in a CHOP BOX indicated by the $ symbols - BTC Bitcoin still chopping up traders.
Those still holding the bag and others who are still trying to pick the bottom of the BTC bear cycle.
No doubt many traders are trying to accumulate more Bitcoins at these levels, however we don't feel like BTCUSD has finished clearing up some of that liquidity at recent and even older LOWS.
This chart shares our current key levels going forward and we will trade around them accordingly as more PRICE ACTION develops in the coming days and weeks.
We will continue to share our trade and chart ideas on this FREE platform if we see the interaction from the community, so PLEASE SUBSCRIBE TO SEEKINGPIPS HERE ON THIS PLATFORM.
BTC ANALYSIS#BTC UPDATE.
#BTC is currently trading in ascending triangle and has been able to hold the trend line support,keep eyes on the trend line as if it loses trend line support we might again see a pullback
Bitcoin to $30,000 or $10,000Here we have Bitcoin on the weekly chart. As price makes its way up and down the chart it stops at $30000, $20,000, & $10,000.
Bitcoin is also in what looks like a premature bearish pattern. There are multiple trend lines that point to the same price point giving it some extra strength.
If price breaks pattern soon then we could see $30,000.
If not, then we could see $10,000.
Bitcoin waiting for a big breakoutAfter a few days of consolidation with low volume, Bitcoin is ahead of the next big move. Quite scary bearish target of 12000$, but I still think that we must have some shorts liquidated first and the move to 27000$ will give this to us. After that we can decide - reclaim it as support or new lows. Technically we have a potential hidden bearish divergence on the daily for Bitcoin so be very careful. Wait for a retest of the breakout and don't use more than x5 if you like leverage trading. Fake breakout is also very possible at these market conditions - don't forget that DXY has already made the breakout and is in full bullish mode.
btceur bull market till May 2022 at 15000 on 10 week cyclesIf bitcoin will not break 65000 €uro ca $75000 in December then we are in bull market and following 5 cycles in 10 week periods till May 2022 will be selling cycles,
Price will slowly fall up to 15000.
Green arrows are the cycles when buying is profitable (except the unpredictable fluctuation in March 2021 the COVID panic month).
Red are the 10 week periods when selling shorting is profitable
Whole is n big parallel channel