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BTC correction starts .. When to expect bounce?BTC / USDT In my previous BTC analysis, I expected the correction to start from 32k-29k which is happening now (check my previous analysis in attachment below ) Are the bulls still in control and when to expect bounce ? Simply, we can say as long as price is closing above 25k key level in high time frames .. Bulls are in control BTC can bounce from any local support levels but the ideal point according to parabolic curve is around 25k (also act as a major support) and my midterm target are 36k-38k In mean while, Dominance of BTC is showing weakness which is good news for altcoins market in coming days but keep watching it for any further update Appreciate your support by rockets and comments Any questions or ideas please share with us ⬇️
BITSTAMP:BTCUSDLong
by Babenski
124
BITCOIN TO 60K AGAIN !hello, I present to you my simple analysis of bitcoin this year 2023 therefore following FIBONACCI RETRACTION (respected since 2017) and the pullback on the annual closing levels We conclude that: >> either bitcoin has already made a small pullback in March on the annual closing zone (1.618) and will go towards 40k (3.618) then 50k (4.618) then 60k (5.618) >> either we will have another correction towards the annual closing zone (1.618) after the rise and in this case we will enter thank you for commenting on my analysis good luck to all
BITSTAMP:BTCUSD
by R1TRAD
3 Days Waiting / Setup : Fakeout / Daily TF 📉 Have been waiting patiently for Shorts to Setup on BTC. I'm not totally convinced of this rally as you can observe. This trade is in anticipation that the Daily timeframe will respect the Daily and Weekly Levels in Between 28 to 28.5K. Although this retest of our Daily Level looks quite daunting, selling into strength shouldn't be too much of an issue because of the amount of orders at this level previously 28,300. It's worth a shot given the RR and the previous Weekly Engulfing Candle. I typically stick to scalping but this Fakeout Looks clear as day and so I have no issue risking some profits with reduced risk and attempting something different then the usual.
COINBASE:BTCUSDShort
by ShrewdCatfx
Bitcoin Head & Shoulders!BINANCE:BTCUSDT Bitcoin has printed into a Head & Shoulders also evident on 4h. Watch for Fakeout at 30k level for a fakeout and then breakout to upside. Failing that 28.8k level could retest and provide short term short. Bitcoin is still Bullish, but watch for major bearish retests to continue to ride to lower levels of support. But at these levels there are many buyers lurking around so wait for entry trigger confirmations. Always having Plan A and Plan B scenarios so we can react once the markets provide an opportunity to execute our edge. If you liked this idea or if you have your own opinion about it, write in the comments. The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.
Short
by imr4nkh8n
Bitcoin - why I opened short?Hello, everyone! Let's take a look at the chart. On 1h time frame we have this big dump from FWB:31K to $27k. There were no any corrections and Awesome oscillator tells us that it was the wave 3. During this weekend we have the bounce which looks like the wave 4. Anyway BTC price has formed even 2 bearish reversal bars above the Alligator with the nice angulation. I used the second one to enter my short trade. The idea here is to catch the wave 5. here we have the nice risk to reward because target area for wave 5 is inside the green box. Best regards, Ivan ______________________________________ Subscribe now and never miss an update 👍
Short
by Skyrexio
6
BITCOIN next significant daily support is 26k$ ❌🧨Hello 🐋 we can see more correction to the downside at least close to great daily resistance level ($26000) ❌🧨❌🧨❌ in other word if the price doesn't break the resistance zone to the upside and just complete the retest, we will see more correction, at least to our lower trend line ❌🧨 otherwise we can see more gain to upper resistance level ✔️🚀 for any other huge pump, we need more correction 📖📖📖📖📖 if breakout of the lower support zone be completed, we can see more correction to the downside ❌🧨 brief amount of green candlesticks to the upside before any other movement is logical 📖💡 👌 Notice: pay attention to the price on shortcut chart (located above the main chart with black colour) 📖💡 Please, feel free to share your point of view, write it in the comments below, thanks 🐋
Short
by MadWhale
6
BITCOIN again in parallel channel more range and correction ❌🧨Hello 🐋 the price again entered to the parallel channel ✔️ if the price doesn't break the resistance zone to the upside and just complete the retest, we will see more correction, at least to our lower trend line ❌🧨 otherwise we can see more gain to upper resistance level ✔️🚀 for any other huge pump, we need more correction 📖📖📖📖📖 if breakout of the lower support zone be completed, we can see more correction to the downside ❌🧨 brief amount of green candlesticks to the upside before any other movement is logical 📖💡 👌 Notice: pay attention to the price on shortcut chart (located above the main chart with black colour) 📖💡 Please, feel free to share your point of view, write it in the comments below, thanks 🐋
Short
by MadWhale
9
Liquidity Grab Towards Relative Equal Lows and Equilibrium PriceBTC is correcting towards its relative equal lows. In trading, relative equal lows refer to the occurrence of two or more lows in the price of a security that are approximately at the same level. These lows are considered "relative" because they are compared to other lows that have occurred in the recent past. If a security has formed two or more lows at roughly the same level, it suggests that there is a level of support at that price point, and traders may see this as an opportunity to buy the security at a potentially favourable price. However, it's important to note that just because a security has formed relative equal lows does not necessarily mean that the price will continue to rise, and traders should always consider other factors such as market trends, news, and economic indicators before making a trading decision. The Fibonacci 0.5 level is often considered as a midpoint or equilibrium point in price movements. However, it is important to note that it is not a fixed or absolute level and should not be relied upon solely as a trading signal. The Fibonacci retracement levels are used in conjunction with other technical analysis tools and indicators to identify potential support and resistance levels, as well as entry and exit points for trades. Therefore, while the Fibonacci 0.5 level may provide some information about price equilibrium, it is only one factor to consider in a comprehensive analysis of market conditions.
BINANCE:BTCUSD.P
by Fondera
#Bitcoin - thoughts out loud #18!!! IT IS IMPORTANT TO READ THE DESCRIPTION !!! Good evening, we are from Ukraine ! I want to continue my opinion and vision of the current situation on the cryptocurrency market on the example of this asset. After the false breakout and liquidity withdrawal, I would like to draw special attention to the increased volumes and the price's rapid return to trading margin. At the moment, this is not enough, there is no confirmation. At this stage of the situation, we can partially open a position (5-10%). Then monitor the situation and add the rest of the volume if the buyer's test is successful and there is activity from professional operators, i.e., the asset needs a force to move the price to the next liquidity (price range 23300 - 24300 ). The mood is long, that's the only way. If the current situation does not meet the current criteria, I expect the asset to depreciate to 19000 . Thank you all for your attention, I wish you success, and remember: Sometimes you win /sometimes you learn . #Bitcoin
Long
by WVitalievich
BITCOIN EYE CAN-DIYYou can feast on candy though you'll be hangry later and want some really charts to sink your teeth into. This is a meal for you if you know the customs and rituals of my dinner for you. Please take your shoes off at the doorway and wash your filthy greedy hands you Cryptic Courier. No, this chart doesnt include the basic indicators i do check to make sure im on target. Will add later if someone asks. 1. We are at our third stop on our roller coaster 2. Some might think this is the top, as that a very logical conclusion and have that to charted and calculated if that be 3. Though this is look more realistic with a top in June .... 6-18 sound good? i have 6-11ish. (Price is time and time is price) 4. We still have 4, 5, 6 waves 5. before our big drop( as some speculate will go to ~10k and that would put us in November 29th-ish for a bottom. 6. Chart your own charts peeps because this isnt the nut flush, though if it is you can send me a big-up-yourself later Till then happy exchanging traders...AND DO YOUR TAXES!!!! I suggest the W-4 method. Look on Tele. And remember to check the weather, CryptoWhether!
BYBIT:BTCUSD.P
by CryptoWhether