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Bitcoindollar

💡Don't miss the great buy opportunity in BTCUSDTrading suggestion: ". There is a possibility of temporary retracement to suggested support line (54580). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . BTCUSD is in a uptrend and the continuation of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 42. Take Profits: TP1= @ 57600 TP2= @ 59445 TP3= @ 61760 TP4= @ 65000 TP5= @ 67700 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
33
BTC short term updateBTC / USDT In my last idea about BTC i discussed a possible retracment to 52k level but that didnt happen yet and price move above our ascending channel which considered as fakeout for now 52.5k still our key level of support price closed below 20ema for first time since 8 march Which suggest another drop to 52k Here is equal to 0.618 fib level and 50 ema and strong horizontal support Price may not hit it exactly may be little above (53k) or a little below (51k) after that Next psychological support is around 50k and hoping we not lost it For BTC to gain strong bullish momentum again need to close daily above 58k This is my personal idea and reading chart hope it help you Good luck best wishes
by Babenski
42
BTC freefall unstoppable, eyes $50,000 Bitcoin struggles to secure support at $54,000 as a drop to $50,000 becomes apparent. The short-term analysis shows that the least resistance path is downwards. Support above $54,000 will shift the bulls’ attention toward $60,000. Bitcoin lifted to new all-time highs above $60,000 over the weekend. The real break saw the flagship cryptocurrency hit a barrier at $61,775, but the downside was protected at around $60,000. However, a massive correction was posted on Monday, throwing BTC out of balance. The bellwether cryptocurrency tumbled under $60,000 amid the volatility caused by India’s proposed bill to ban cryptocurrencies. Massive sell orders were triggered with Bitcoin extending the bearish leg towards $50,000. At the time of writing, BTC is doddering slightly above $54,000, but the gravitational force is yet to come down. The upside overhead pressure seems to be rising under the 50 Simple Moving Average (SMA) on the 4-hour chart. On the downside, tentative support is expected at the 100 SMA, currently holding the ground at $51,246. The 200 SMA is also in line to prevent further losses; however, primary support has been highlighted at $49,500. The Moving Average Convergence Divergence (MACD) emphasizes the downtrend, suggesting that it is far from over. As the MACD drops into the negative region, more declines are expected to come into the picture. Besides, the MACD line (blue) widens the gap under the signal line, cementing the bears’ influence over the price. It is worth mentioning that the downward move to $50,000 may fail to materialize if support at $54,000 holds firmly. Some semblance of stability will get the bulls from playing defense and allow them to launch assault missions toward $60,000. Bitcoin intraday levels Spot rate: $54,250 Relative change: -1,400 Percentage change: -2.5% Trend: Bearish Volatility: High
COINBASE:BTCUSDLong
by CoinGape
BTC Bullish Cup & Handle Pattern forming on 1D & 4H Chart UpdateBTC Bullish Cup & Handle Pattern forming on 1D & 4H Chart Update New ATH for BTC, Next price target at 127.20% Fibs at $66K, expect a retest of this key level before moving towards the 127.20% Fibonacci level. Potential 13% Gain from current price level. *10/03/21* Bullish Cup & Handle Pattern forming on Daily & 4H Chart showing strong signs of a continuation pattern back to the upside. Daily Candle has opened up Bullish , 4% Gain from here to 100% Fibonacci level ( ATH ) @ $58,736. Further confirmation of a huge move for BTC by the Triple Top formed at the key resistance 78.60% Fibonacci level. BTC break out of key resistance at the 78.60% Fibonacci level signalling further reversal of the previous selling pressure in the market formed by this cup and handle . First stop a retest of the current ATH $58.7K. Safe to say March Madness is in full swing!!
GEMINI:BTCUSDLong
by CryptocurrencyMagnet
BTCUSDT - next station 75kPreconditions: - accumulation 18days - slowly approaching the level - positive fundamental - global uptrend - local uptrend You will learn the best place where we can trade this instrument at low risk. 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
BITSTAMP:BTCUSDLong
by Yuriy_Bishko
11
Possible BTC falling to $45k? The same pattern is formingBTC/USD may form the same candles on 1D timeframe as the last time when fell from $42.000 to $30.000? I think it is a possible scenario. A possible sideway movement is likely on higher timeframe meaning the price could get back to $45.000 and up again. This should fit the forcasts predicting a new all time high above 80 or even 100k this year. What do you think? It is a viable scenario or the price will bump the near future?
BITSTAMP:BTCUSDShort
by CryptoMexMCO
Bitcoin Indicator Analysis BLXAn idea using more indicators than usual Patterns within TSI can be identified, assume that the 2017 parabola repeats (green circle on TSI) Rounded top can be seen to produce consistent results throughout the history of BTC My gut tells me that another 2017 parabolic wont occur again, and the different in structures on these indicators will account for that I still believe Ethereum has a lot more potential for long term returns than BTC, and ill keep believing that until it eventuates. Above is an analysis of the 2018 Bear Market for BTC
BNC:BLX
by Bixley
BTCUSD weekly analysisHere you can see some clean TA with bitcoin heading into OB territory paired with a negative regular divergence- in situations like these on higher time frames it is wise to be looking to take profits if you are long or maybe hedge with some BTCDOWN positions or something. I am still heavily bullish on bitcoin but price can still come down further perhaps to previous 0.5-0.618 Fibonacci from the previous wave upwards. A retracement was well needed for BTC to continue up. Look for rejection above 0.5-0.618 area to enter positions on BTC or reaccumulate spot. Break below support makes it invalid. Still travelling above all the EMAs, the 50 still on top ;). Trading above ichi kumo cloud too if you like them. Hella confluences on TA side and in terms of FA the best it yet to come from BITCOIN. I very well believe 170k levels are possible for this year to come, this is still early days of adoption, stimulus is yet to come, supply is shrinking, demand is increasing, future halvings, the FED are still printing... if you are investing now you are still earlier than some. This is not financial advice but a personal insight into BITCOIN. Trade safe and always follow an appropriate risk management strategy! NGS
BITSTAMP:BTCUSDLong
by NGSfx
What can we expect? We look at the 4-hour graph and then predict 2 scenario's: Bullish and Bearish. The bitcoin price is still moving in a bull flag. The rate does not yet break this flag, bitcoin now also seems to find support at 47,000 dollars. That's the purple line on the chart and it is already above that. Bullish The price bounced back above 47,000 dollars (purple line. Bitcoin can now rise to the first yellow line at $ 49,700. This is an important resistance on a daily basis. This price also corresponds to the top line of the flag. If bitcoin manages to break out of the flag this weekend, there will be little resistance towards 58,000 dollars, the highest price ever. Bearish If Bitcoin breaks the support line then first, 45,300 dollars comes into the picture, which is also an important point of support on a daily basis. If bitcoin continues to drop, 42,000 dollars is a new safety net. This corresponds to the highest point in January. If even that is not feasible, bitcoin can fall below the 40,000 dollar mark and reach the bottom of the flag.
BITSTAMP:BTCUSDLong
by Sharona_vf