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Can Bitcoin Fill The 28K Gap ?Signs are there!Bitcoin reaching the origin of the 30K slowly while having a gap from 27500 to 28400 to fill. Bitcoin can fill this before crashing but its another 17% up move. or this could be a jebait and the crash will happen today after a small retracement to the upside to liq all the high leverage shorters BTC consolidating and holding the support (symmetrical triangle) could wick up before it wicks down Some Crypto Banks Collapsed in the past days thus people cant convert their USDT to USD , what they do instead ? They buy BTC. That is why btc pumped. will it go higher ? it might but at the end if you cannot convert ur crypto asset to fiat whats it good for ? Thank you for all the support,commend,like,boost,follow
BINANCE:BTCUSD.PShort
by pcmonk
BITCOIN DIFFERENT SCENARIOSFxShzd team here again with another analysis: What we see on BTC, a bit complicated with just relying on technical analysis, as you may know, we are facing economic recession in first world countries, BTC gets in power long term by any circumstances that cause to economic recession, I am telling maybe you see short term we have drop but in reality it is not like that Just keep this scenarios for now, any rate that is related to inflation or economic effects BTC, for us is more important longtermly than a short specially in Crypto. For now lets see if price can get lower, to give oppurtunity to more buyers to jump in, I expect to drop to a certain level just to help market to rise with more power Becareful on BTC personally I am a holder on crypto Lets see how price goes, Any question do not hesitate write me bellow, @FxShzd
by FxShzd
1
BTC 1W "Plankton VS Whale"BTC 1W ...we have managed to break down the price wall from 25 to 26k. but now look at the whole... the pattern of IHNS has been born, and is preparing to fight against major HNS. This is the beginning, all this time we rise for a start. Note: above the current price there is a gap of around 28-29, it must be closed. the current resistance zone is considered weak, where at the first time a big dump occurred, there was no resistance from buyers until there was a reaction again at a price of 17k. today the price must hold and close 1D at 26.3 to continue to 28k-30k. If below that, price reduction is still possible. Maybe the gap below area 21 should be covered as well. For this idea, there is a maximum target from IHNS with area X which can expedite the process, the target will be faced with a large resistance rejection zone from the HNS pattern. I thought there was going to be a dead cat bounce? it could happen if the gap in area 21 has not been closed then there will be a big short when the ihns target is reached. Let see.. Monday 9 May 2022 - Monday 9 May 2023
COINBASE:BTCUSD
by pungkymegawan
Bitcoin recovered My last post discussed the final stages of the Bitcoin correction. In that analysis I was expecting the end stage of the correction of Bitcoin, mainly because it had served its days of the 65-daily cycle. Never did i expect the following events though. The course I expected was failry simple: - Bitcoin will find support on the horizontal line, and go sideways from there. - Once out of the channel, we would shoot up again. What actually happened was: - Bitcoin broke support - Crashed down to our last resort support - Came back up as if the crash never happened The current state at the end of the day is: - Bitcoin is following our plan, but more explosive than expected. - Bitcoin is back in the red resistance zone. Breaking this one would give us a target of 28k. - I'm bullish!
COINBASE:BTCUSDLong
by FetchTeam
Bitcoin doji candle signals potential reversal - time to enter?A doji candlestick pattern is a type of candlestick formation that occurs when the opening and closing price of an asset are very close to each other, resulting in a candlestick with a very small real body. This pattern indicates indecision in the market, where buyers and sellers are equally matched and neither side is able to take control. When a doji candlestick appears on a weekly Bitcoin chart, it can signal a potential reversal in the current trend. This means that the current trend may be losing momentum and a new trend may be emerging. Traders who use technical analysis may interpret this pattern as a signal to enter a trade, depending on their trading strategy. However, it's important to note that the doji candlestick pattern should not be used in isolation when making trading decisions. It should be used in conjunction with other technical indicators and analysis to confirm the potential reversal and to determine the best entry and exit points for the trade. Therefore, a trader may consider entering a trade based on a weekly doji Bitcoin candlestick pattern, but should also take into account other factors such as support and resistance levels, trend lines, moving averages, volume, and other technical indicators to make an informed trading decision.
BITSTAMP:BTCUSDLong
by kabb
Will Bitcoin continue to fall?BTC: Judging from the daily chart, the market was super negative yesterday, which seems to mean that its direction is chosen. Even if there is a rebound trend after the plunge, both in terms of the strength of the rebound and the time of the rebound, the bulls are basically defenseless at present, and as the rebound trend gradually consumes the rebound momentum, the height of the rebound will also decrease. On the 4-hour chart, the market has returned to the structure of the third wave again, and the decline has been strengthened and confirmed. Now that the third wave is not in place, the probability of continuing to fall is relatively high. And on the fundamentals, the risks still tend to be downside due to the ongoing concerns about the ongoing cryptocurrency crackdown by US regulators. Therefore, in terms of operating ideas, it is mainly based on rebound shorting, and the height of the rebound can be appropriately reduced, so don't easily try to make a profit from the rebound. BTC: 20800-20900 short, target 20100-20000 In order to make it easier for everyone to continue to follow up on my analysis and sharing, you can like and follow me; in addition, I will share the daily real-time strategy in the channel, if you can't follow up in real time, you may make mistakes in operation. You can enter my channel for free to follow the latest news and follow the market trend in real time through the following methods.
BITSTAMP:BTCUSDShort
by Blessed_V
3
Bitcoin -> Bullrun Already Over?Hello Traders, welcome to this free and educational multi-timeframe technical analysis. On the weekly timeframe you can see that Bitcoin is now actually breaking below the previous support zone, creating bearish market structure, so at least for the short-term, everything seems quite bearish. However you can also see that Bitcoin had a quite massive pump recently, the emas also shifted towards the upside, so I just expect a short term correction to the next support zone and then the longer term continuation towards the upside. On the daily timeframe you can see that the market is basically in free-fall mode, so I am now just waiting for a retest of the next support zone at the $18500 and if we then have some bullish confirmation, I do expect the next impulse towards the upside from there. Thank you for watching and I will see you tomorrow! You can also check out my previous analysis of this asset:
Short
by basictradingtv
32