#BTCUSD- OVERVIEW- EXPECTING THIS MOVE!-Due to recent economic events price have shown some bullish momentum and this momentum might continue until 22k and then drop from there.
what you all think?
Bitcoindollar
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
BTCusdt - local up, pls.
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P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and please yourself and your
your friends.
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 to $2000Bitcoin is currently showing a negative divergence, which confirms the continuation of the decline
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 update - Guess where we're stuck - right at my $20.5k level#BTC update
Guess where we're stuck - right at my $20.5k level
We broke through it 2 days ago, but we were rejected by the dotted MA the day after
💡We need to close the daily like the current bullish hammer
New descending triangle has formed on the three day chart.Based on my study this is hard rejection of the 3 day chart showing possible bottom of 9,666.66. Don't take my word for it
BTCUSD intraday trading & back to the home ⬇︎ 24 OCT 2022BTCUSD intraday trading alert
3 steps must fulfill before entry
1. 1st breakout done
2. Retracement done
3. 2nd breakout and see you in the home ⬇︎
More info in my profile..
Good luck traders..
🟢 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.
BITCOIN BREAK MAJOR TRENDLINEBITCOIN break major trendline. Good sign since the big downtrend November 2021.
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
btcusdt price needs to come out of the consolidation zone, i.e. above 23000. rsi seems giving prior breakout from the consolidation range . it should come up in next sessions.
however, 18k will work as strong support , if btc goes beyond this level , consider selling
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
BTCUSDT 15 Min Chart Demand & Supply Zones#Bitcoin #BTC 15 Min chart Demand and Supply Levels.
Bullish Supply Range ( Go Long) - USD 19,550- to USD 19,774-
(Blue Circle in Image)
Bearish Supply Range ( Go Short) - USD 20,200- to USD 20,500/-
(Red Circle in Image)
#bitcoin #btc #cryptocurrency #crypto
Current Status - Movement Towards Bull Run.
BTCUSD imbalance filled! Bitcoin filled the imbalance and now we have a potential long to 27'000. I think we are gonna bounce hard here.
What do you guys think? leave a comment down below!
BTCUSD bloody mess.Influencers will scream 30'000 or a new high after we break the trend line.
For me we will just take the Liquidity and move heavy to the down side.
12'000 by no later than end of the year.
Just watch and do the opposite of the "Influencers"
Please dont but all the money on the line, your saving will be gone.
What do you guys think? please comment down-below
Bitcoin - What goes up must come downHappening now: We are looking good on the daily timeframe, BTC has decisively gone over multiple resistance points and continues to cross over them with conviction. The concern is that this is all happening as the leading economies in the world are showing signs of bad times coming, During different times I would say that the bottom was in, but since we are in the times we are in, I would warn you and tell you to be cautious, at this point, I still expect BTC at around 11K.
On the weekly timeframe, I will wait to see if at the very least Bitcoin closes above the 200MA on Sunday. This is like poker and I believe that BTC has a weak hand and it will be coming down soon. I am 66% in and at this point I have nothing to lose if I sit and wait. The last 34% of capital left has to go in at the right time and into the right coin in order to multiply 30+ times.
What is driving this move up? I see it as a two-sided effect. 1. The traditional markets are still posting good gains and profit seems to be healthy in a few sectors. What does that mean? It means that as companies raise their prices you are ok paying a premium for their products therefore they are posting profits. 2. Bitcoin is simply following the Dow, if it goes up so will BTC. However, as far as Bitcoin and crypto are concerned the current bull spike is not sustainable.
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