Bitcoinforecast
Bitcoin BTC price. Our expectations for the coming daysToday, we will offer you several possible trades on the BTCUSDT pair, and it's up to you to decide whether they are worthy of your attention or not.
Today, the expiration date for Options & Futures on a number of financial markets.
Expiration is bound to cause increased volatility, as it is a mandatory one-step settlement of previously concluded contracts. Someone will sell, and someone will buy, and the trading volume will be huge.
This is our expectation for today:
- Most likely, shorts will first try to push the price down as low as possible in order to settle at the lowest possible price.
- And then many shorts will close positions. Closing a short position is market orders buying. Buying at the market orders usually provokes impulsive and strong growth.
Since we can't really estimate how strong the volatility will be today, we put our expectations into 4 trades that fit within the framework of our risk and money management:
1) Entry $20301, Stop $19799, Take profit $22384, P/L 4.1/1
2) Entry $19411, Stop $18759, Take profit $22384, P/L 4.5/1
3) Entry $18771, Stop $18139, Take profit $22384, P/L 5.7/1
4) Entry $18201, Stop $17644, Take profit $22384, P/L 7.5/1
You can agree with these trades and try to trade them, or you can disagree and not trade them.
However, you are obliged to write a comment under this idea and like it, so that TradingView can notify you that we have updated the idea and summarized the results of this trading situation.
We would also like to note that all of the above trades fit into the structure of a possible continuation of the growth of the Bitcoin price, which was presented earlier:
1-day timeframe
1-week time frame
1-month time frame
In total, the crypto market capitalization grew +20% over the month
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BITCOIN UPDATESBitcoin moves confuses people, why its not yet moves down, lets dive in real volume, no bias on how market works. if the price has higher wicks it means the price testing that high,then it totally goes down, then back to that previous wick high.
why wick? its only manipulation of the market, remember we have 3 sessions, Asian, London and US, the real volume makers are the NYSE, thats why its good to trade on High Volume sessions,
As far As I know why most traders quit because they dont study charts and volumes. Wick is our enemy here, or the market makers on different sessions. They make more money for our entries, thats why its hard for new traders to accumulate dollar gains.
As a trader you must know how to deep dive the markets. dont just sit and wait for ugly setup. sometimes you need to understand methods on how this guy makes more money than you.
As you know wicks moves you will enter fast because there is OB there, all you can do is wait to comes back to that place then place an position thats how to trade safe,
They said it tested already that zone, that trader dont know how volume works, deep dive on how wicks get us manipulate our buy and sell button, wait for a realy candle to comes to that zone, not the fake wicks..
Thats all I know on the wicksides..
Better understand how market and volume works. try use line charts to better know it. you will amaze how is this markt always goes up even the price already goes there, Wicks are the futures traders. so price can still goes to that direction.
My best example is high volume that exceeds. then makes a wick.
always remember the price is in future, it means that price can go that direction.
Trade base on your own decissions. Dont listen to me. Just do your thing. If you have suggestions, maybe you should share with us.
DOnt give up, Grow Up.
Thats the number 1 thing you put if you want this job to get out the box.
Bitcoin idea | BTCUSDT✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
Bitcoin Stalling At Key Resistance... Or Is It The "NEWS?If you've been trading and investing long enough... (For me 25 years)
You know that the 'News' conveniently gets released, to support market moves that have already happened.
Not always, but more often than not.
This news headline today makes me laugh, because we clearly shot up to technical resistance.
People who say TA 'Doesn't Work' also make me laugh, because TA is the visualization of the news being disseminated (Usually before it reaches the public).
That, and the group psychology of the masses, or the 'Composite Man' as Richard Wyckoff originated.
We caught that nice market pump over the past week and a half, and it doesn't take a brain surgeon to see that we're due for a short-term pullback.
Likely then bouncing higher, along with the stronger Weekly cycle.
But of course, it's all about the news and fear surrounding the 'rates and DOJ action'...
Which of course gets priced in almost in real-time, once the bigger players, whales and hedge funds get this information first.
Who else has watched the Netflix show Billions?
"Are you certain?"
"I am not uncertain"
The world of investing...
Bitcoin – you don’t believe in this scenario!Hello, everyone!
Last time I told you that the bear market on Bitcoin has been finished, but I am not so positive and don’t buy the significant amount of crypto. Today I found that probably I hurried up making this conclusion. I believe that this pump is not over, but market is preparing the huge trap for “tothemooners”.
Let’s take a look at the 1D time frame of the WHITEBIT:BTCUSDT chart. I finally reconsidered my Elliott wave formation. Global 4 still has not been finished. It is represented as a complex correction – almost untradable one, but one thing we shold take into account that the price will finally break down $15600 . This scenario now is in my favour.
Now the BTC is finishing wave C of this so called complex correction. What actions on the market I am going to take? I found that the price reached the 1.61 Fibonacci extension, which is the natural target for the wave 3. Now I am waiting for the local correction to 0.38-0.5 Fibonacci retracement at $19500 to open long trades with the target at the huge order block at $22400 . Also at $22400 I am going to double my losing short trade with the at least potential pullback from there.
Therefore, at $22400 I plan to have 12% of deposit in short trade to catch the final bearish impulse. Sorry, guys, that I have changed my mind again. I was so confused with this pump that cannot carefully analyze the price action. Now I have the plan how to eliminate the loss and receive the profit. Let’s see!
Best regards, Ivan
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BTC is in a bullish phase, Wave 3 is coming.BTC is in a bullish phase, Wave 3 is coming.
This is not a prediction, but more of an observation. Bitcoin is currently in a bullish phase, which is indicated by the price increasing. Wave 3 is expected to start in approximately six months, so it is still too early to say for sure.
Bitcoin to turnaround?Bitcoin - 24h expiry - We look to Sell a break of 20199 (stop at 20651)
We are trading at overbought extremes.
The bearish engulfing candle on the daily chart is negative for sentiment.
We look for losses to be extended today.
A break of the recent low at 20236 should result in a further move lower.
Our profit targets will be 19111 and 18711
Resistance: 21000 / 21250 / 21600
Support: 20600 / 20236 / 20000
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Bitcoin under wedge's support. High probability correctionAfter it soared last week, Bitcoin started to consolidate and although tried new highs, couldn't keep gains, and the price action was contained in a small rising wedge.
Yesterday the cryptocurrency has broken and rising support trend line and this could be an indication of a correction.
For a short term trade, I'm looking to sell rallies
BITCOIN UPDATES
Im expecting Price goes up here, but before that price ranging 20800-20500, then manipulate that previous low to induce short sellers, t
Then price goes back up, still price has room to goes up on previous high.
Trade base on your own decission, come and check me out.
I posted daily analysis.
BTC UPDAteS
Wyckoff distribution if price breaks 20500 again,
Wyckoff Accumulation if Price has momentum, I see 4hr and 1hr Breaks on Upside, lets see if price respect on certain level. 20500 is the key area to be watch.
Check me out daily analysis and Journal.
Lets gooo. Trade base on your decissions.
Thanks to all new followers here, If you like my Ideas give a like or comment.
BTCUSDT (BITCOIN) Daily: 15/01/2023: Is it correction time?
As you know, the crypto market had a sharp rise last week and showed a bearish reaction after touching the supply zone.
Now we can expect a bearish market till the time frame demand zone, but there is a huge liquidity pool above 21480 which may the price test this zone before fall. (I follow this scenario)
By studying the weekly chart, we can figure out that liquidity above 22800 can be interesting for market makers. ( because of that sharp rise, it is my second scenario.)
💡Wait for the update!
🗓️15/01/2023
🔎 DYOR
💌It is my honor to share your comments with me💌
Bitcoin to break higher?Bitcoin - 24h expiry - We look to Buy a break of 21651 (stop at 21097)
Trading volume is increasing.
A break of resistance at 21630 should lead to a more aggressive move higher towards 22000.
Daily signals are bullish.
There is no clear indication that the upward move is coming to an end.
Our profit targets will be 22877 and 23177
Resistance: 21630 / 22000 / 22500
Support: 21000 / 20600 / 20250
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
We’ve bottomedI copied the chart from the 2012 halving to the 2016 halving which is what you see above the current chart. I also copied the area between the 2016 halving and the 2020 halving which is what you see under the current chart. I then placed them exactly at the start of the 2020 halving and stretched them to the next approximate date of the next halving. Done.
Yes, it can be this simple. No fancy trend lines or over-analyzing the chart. As the old saying goes, “History doesn’t repeat, but it does rhyme.” I’m sure everyone is sick of hearing it, but it’s true. See you at the top.
Bitcoin- Temporary top in place?After the strong rise from last week and the top made on Sunday, Bitcoin started to consolidate.
The price action from the last 3 days is a rising wedge and this pattern can be the signal for a correction.
On the other hand, a clear break above 21500 could lead to a new up acceleration.
Anyway, from my speculative point of view, only a buy at 19k zone would make sense