Get started

Bitcoinidea

Critical Break Down BTCHey there! There is a breakdown here. Breakdowns can be a cause for concern for investors and traders alike, as they typically indicate a potential downward trend in price. It's important to keep in mind, however, that not all breakdowns are created equal. While a breakdown may indicate a bearish sentiment, it's always wise to do your due diligence and consider other factors that may be impacting the price of the asset. Some traders even see breakdowns as opportunities to take advantage of a dip in price, particularly if they have a long-term bullish outlook on the asset. So, while a breakdown may be cause for caution, it's also important to maintain a level head and consider all available information before making any trading decisions. Ultimately, the key to successful trading is staying informed and making calculated decisions based on your personal investment strategy and risk tolerance. Good luck!
Short
by xuk1
6
Bitcoin refuel area for bounce to 30-32kConverging support areas. Likely to come down to upper trendline for retest of breakout, strength from lower support line aswell as the 1.618 fib for a large amalgamation of supports. We are still in the run phase of the reversla bump and run, move should take us to 30k, above that is the final existing downtrend from 52k sitting at around 32k. Expect very heavy resistance at both of these levels. Should the supports fail, a breakdown to 26 - 25k would be possible.
COINBASE:BTCUSDLong
by Silkman
BTC/USDT local short, explain whymy previous signal where the target was 29,500 successfully closed. after growth we always get a correction. possible price decline from these levels. Importantly: I use shorts exclusively for hedging positions taken on the spot. So risk a small part of your deposit. As long as we are in an uptrend, we should believe in it and go with the trend, not against it. The situation can change only if it falls below MA 200. not a financial recommendation. do your own research.
Short
by HedonistTrade
BTC Possible MoveBitcoin is now playing at the 287xx Support and 322xx Resistance trading range. This 287xx has been a support level from May 10, 2022 to June 9, 2022. A long period before another downside movement. 287xx was a support and now a resistance level. Long term view 2 Scenarios are possible for me. A.) We might have a sideways market for some days and If it breaks the 322xx resistance, we can see a possible bullish move up to the Daily Supply Area. B.) If it breaks the 287xx support now resistance, we might see a downside movement. 4hr Timeframe The price now plays at 304xx resistance and 297xx support.
by Josh_cutie
Bitcoin - I opened short!Hello, everyone! Bitcoin has finally set the high high as I warned you. Of course price has already printed the bearish reversal bar earlier as I told you, but it has not been confirmed. Now we have the new one and this bar has been confirmed. This bar has been printed in conjunction with the true divergence. It means that we have waves 3 and 5. In theory it's time for reversal, that's why I have finally opened short. The stop loss I placed just above the local high $30600. Best regards, Ivan ___________________________ Subscribe now and never miss an update 👍
Short
by Skyrexio
3
Bitcoin - my trading plan!Hello, everyone! You already know my common trading mistakes during the sideways. I tried to use fractals which led to multiple small stop losses. Only because of proper risk and money management I was able to earn a solid profit. For example my last trade brought +6% to my deposit. Now I want to fix the problem with the trading during sideways. We can see that the market has likely started consolidation. The Alligator indicator is our best tool to define the consolidation time. Therefore I am going to follow my strategy with bearish and bullsih reversal bars. If the BINANCE:BTCUSDT price will set the new higher high in conjunction with the bearish reversal bar, it's gonna be the strongest short signal with the fantastic risk to reward. If price will print the bullish reversal bar at the lower band of the range, I will re-enter long, but this trade is not gonna have the high risk to reward. Best regards, Ivan _________________________________________ Subscribe now and never miss an update👍
by Skyrexio
3
THE LAST DROP OF BITCOINHello traders, Bitcoin is going to be drop one more time before run and create a new high from my perspective this is the best and maybe the last opportunity, price can drop from around 32k to 48k now the current market price is around 28k so probably it can hit 32k in coming days. Bitcoin is currently rising but in my view there is one more drop is coming it will take time a lot of time but after that bitcoin will be going to create a new high. I am waiting for bitcoin to drop and buy from the low price as much as possible, i mentioned area with box in the chart that is the potential area for buy bitcoin but right now bitcoin is for short term of time is bullish and i am not interested in that short term. watch and wait bitcoin to drop and look for a long position opportunity for a long-term period of time in the area that i mentioned. The area that i mentioned in the chart for a buy bitcoin is around 18k to 5k i will be looking for a buy bitcoin in between these two prices, i know that the distance between both prices is so long but i will update you later with the new idea if price drop and enter in the mentioned area. This is the analysis and my view about bitcoin. This is just analysis, not the exact trade or any kind of signal that proven with wining or losing % so be sure trade with your own according strategy do not depend on my analysis, this analysis is just a scenario and i would love to be wrong because i will learned from it and come back stronger. Trading is like marathon race, its a long run game. I wish you good luck and good trading.
Long
by TheLoserMan
Bitcoin Pattern At The Start Of A Catastraphic Down Move!*Disclaimer: Not Financial Advice* IMPORTANT: By Now We have quadruple bearish RSI divergence and double bearish divergence on Stoch RSI BTC all time high pattern is repeating right now (purple rectangle) I've talked about it in video - EVEN the divergence are the same. DXY Broke the descending wedge and is consolidating , with todays news it could surge up which will follow in BTC,SPX,NQ1 sell off *Strongly Encourage to watch this until the end* PLEASE consider SUPPORTING Me by Boost,Follow,Comment and Sharing-
BINANCE:BTCUSD.PShort
by pcmonk
BITCOIN Massive Move!BYBIT:BTCUSDT.P BTC has been consolidating for almost 3 weeks in a possible ascending triangle. On the breakdown of the ascending triangle look for Long entries at the 25200 zone as a textbook pullback. Many buyers will be lurking here, but wait for the confirmation of buyers stepping in via a bullish trigger - hammer candlestick or engulfing or combination. On breakout of ascending triangle one could possibly look to go long with upside targets marked to $38k zone. Set your alerts and don't predict but be prepared for the move once Bitcoin shows it's hand. 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.
Long
by imr4nkh8n
BTC Pattern showing Strong Bearish Sentiment More Than Ever!!Two new BTC bearish pattern (one mentioned at the start that will blow your mind) Bitcoin Exited the Orange parallel channel and is consolidating below the support of the blue parallel channel Stoch RSI on weekly is at its peak and needs to come down which will follow by heavy sells & Head and shoulder still in play Dxy doing a descending wedge which is bullish.Ive talked about it in video cause its very important SPX is in a big bear flag - could rally up and form bearish divergence Strongly recommended to watch it untill the end.lots of important information and signals Please Consider Supporting Me By Boost,Follow,Comment
Short
by pcmonk