Bitcoinmarkets
a buying opportunity on BTCUSD , signal buy Bitcoin
the bitcoin market will experience an uptrend, because we have squeezed the sellers in the signal surrounded in the charter, it is the end of the downtrend and the start of a rise because of the large volume combined with the candle that there a wick above the body and also the breakout of the Vwap indicator with a large volume, this means that the market is probably going up.
Signal buy
BITCOIN BULLS (17550 TO 17200 BUY PRESSURE FOR 27K AT LEAST 22K)BUY EVERY PULLBACK FROM 17550 , I love Bitcoin so much but most importantly I love making and keeping my profits.
as humans, 85% to 95% of the time we are controlled by emotions, meaning we are suckers for reactions and it is no coincidence that trading happens to be the game of emotion
(trapping and trampling, luring and betraying) the next trader loss is your win(even if he/she is your best friend) meaning learning to operate and trade without emotions is your 1st key (your three worst enemy remains fear, greed and euphoria)
if not put to check at every turn, you are likely to be reacting to every bar so knowing when to trade and when to stand aside is key most essential tool in trading because even if you beat the market today, you cant always beat the market everyday (you can never beat the system all the time)
with the weekly chart just expressing its first pause since the break of 12k, this shows strong bullish accumulation on the ATH zone that on the weekly chart this bull trend is just getting started.
In this video I have done a multiple timeframe analysis:
Daily chart candle stick pattern discovered:
Bullish Pennant:
4hrs candlestick Chart Pattern discovered:
Bullish Cup and Handle:
Please kindly watch the full video for full explanation of the patterns and how you can trade them, I also give stops and Target are also stated at the end of the video.
thank you for watching
Bitcoin almost back on track again 💪After a long bullish movement in the market, the price fell significantly a few days ago. However, the momentum is picking up rather quickly. Currently, if there are no major drops in price, we will continue the previous trend line up.
This is a semi-neutral view. I hold short positions in Bitcoin, however, regret this decision and already wrote off these losses mentally. I believe we can still go down in price, but not too much in the coming days. Talking about weeks. Nobody knows exactly. It's just like the weather forecast, we can only make a prediction based on the data we have at the moment.
BTCDOWNUSDT Buy setupHello Traders, Could BTCDOWNUSDT be making a low? I think so......I will update the idea if necessary. Ask any questions in the comment section. Remember to buy low and sell high. Thank you.
New Monthly ATH (What this mean?)Hey there! Just shifting trough timeframes and notice this interesting fact.
Price on Monthly timeframe broke previous monthly Closing ATH at 13886 and now Monthly Closing price seems like will be higher than ever.
This is awesome fact, because in 2017 we can look at similar output from price.
In May 2017 price of btc broke 2013 ATH Monthly Close at 1102 and NEVER ever back to this price again (yet). I think this is impressive and gives thought about future of Bitcoin in 2021.
Let me know what you think, will price follow same shape this year and next?
Thanks for attention!
BITCOIN parallel channel playBITCOIN
Has exhibits some strong bullish symptoms and broke the 12000.00 and 13000.00 levels In 15 mins timeframe its trading within a rising parallel channel the price will reach the middle line of the channel and will go up towards 13230.00 level. If its managed to broke below the channel will attract sellers
Paypal's Bitcoin AnnouncementBitcoin has been holding steady over the last few weeks. After it's failure to drop below support we got some news today for all of us Long Term BTC holders/traders.
Paypal is integrating Bitcoin, ETH, LTC by early 2021. The news has pushed Bitcoin past it's previous resistance around $12530.
Up next is the resistance levels of $13k followed by $13868. With the bullish announcement we are in a "buy the dip" mode imo. I fully expect money to be cycling through BTC and alts.
News Links:
twitter.com
www.marketwatch.com
cointelegraph.com
*THE TRADING REGIME #BITCOIN ANALYSIS - OCT 2020 TO JAN 2021*Hello Traders
We’ve decided to add #BTCUSD to our watchlist for the end
of the year.
Cryptocurrency is still fairly new to the market and lack regulation
We normally don’t trade it due to several factors however, here’s the
complete analysis and price points marked out.
It’s currently showing #bulls in charge
But keep in mind the bearish engulfing also present from $13k
Touch.
Crypto trading tips:
Be safe and take low risk(WHAT YOUR COMFORTABLE LOSING—-SCRATCH THE 1-2% theory 😂) ask me why in comments!
Be patient and disciplined in your approach((TRADE YOUR PLAN/RULE BASED APPROACH)
Don’t follow the “HERD”(HYPE/HERESAY)
Always protect your capital(stop loss)
Always only risk what can afford to lose.
The Trading Regime
COINBASE:BTCUSD
brief TA on bitcoinBitcoin is currently stuck in a tight price channel, red vertical(slant) line represent the resistance, while the green vertical(slant) line represents the support.
A possible breakout should see price go high up to $14,000 while a possible breakdown might see price go as low as $8,000, before any relief.
In crypto-trading bitcoin controls most of the other altcoins especially with correlation being at all time high, hence it dictates the direction which this coins will go.
BTC is "toight like a tiger"Recognize that title? No? It's a throwback to the movie Austin Powers Goldmember
Anyway, this is a quick and easy analysis.
BTC has been ranging for the last few weeks with the pattern getting tighter.
Bears have failed to break past $9800 with sustainable volume (Remember $5.8k from the 2018 bear market? Similar to that)
Bull volume has been picking up over the last week.
RSI and MACD are both neutral which means we've hit an equilibrium.
While technically this could go either way, I'm leaning bullish. That said, the price action could turn bearish as the markets dump during the 2 weeks before/after the election (Historically there has always been a selloff).
That said, Bitcoin has shown to not directly correlate and if faith in the U.S Dollar falls due to the election results then I won't be surprised if we see an influx of people looking for a safe haven for their assets.
Either way I'm bullish on Bitcoin and have added to my stack. If we don't see any price action during the weekend then we can expect something on Monday.
BTC JUST MADE A MOVE IT HAS NOT DONE IN 4.5 YRS! +PRICE TARGET!Bitcoin has just pulled a move that it has only ever pulled 4 times in Bitcoin's short history so far and it has been 4.5 years since the last time it has made this move last!
Along every single Bitcoin Boom and Bust Cycle there is a key point where everyone always asks anyone "When do I buy? When do i get in?" Well the HODL answer to that is Buy the Dip.. and sell... i don't have that word in my vocabulary. If you had followed anything in bitcoin history you would also know that If you had bought anywhere below $10,756 USD/BTC (at time of writing), that you would still be in profit or even thus far in your trading career.
If you are an active trader of any sorts or want to get in at every micro trend dip to sell the rips, then you may have caught the trends that have already formed as well! Although Very Few understand the gravity and value that this move has shown in the Bitcoin Price. If you do then this chart below leaves you salivating and wanting to throw your Fiat right at bitcoin!
Currently we hold support at the .865 FIB and also the .786 FIB levels which are good indications to the start of a new bullish trend after retracing.
This retrace that we took in price action was the most crucial point we have see in 4.5 years. We not only held the .865 FIB with VIX and VOL increases of substantial measures, but we held above. a very key resistance point. The downtrending red line below where we held support and above the Green Arrow I placed, is the 3 YEAR DOWNTREND RESISTANCE that has plauged bitcoin since December 2017.
We took the first major step in breaking this major point of resistance after squeezing to the very last point of the symmetrical triangle shown in yellow from which we launched off of the $9,100 level and then proceeded to break that sym. triangle. 2 Days later Bitcoin demolishes the resistance point with a $1,400 candle on July 27th, 2020 -- from the $9,941.00 start, through the $10,100 point where the 3 YEAR DOWNTRENDING RESISTANCE layed, up to 11,450.00.
Most amazing thing is that it did it with hardly a change in the VIX meaning there was no resistance from the bears to hold their line of defense AT ALL. And was confirmed with the increasing VIX action along with the Inverse Correlation of the MACD (at the top) and the choppy price action upwards from $11,450 to the $12,500 price target.
Once Price Action re-correlated with the MACD in a downward trend, we see the VIX pick up rapidly for one of Bitcoins famous price retrace move of which we see happen. The VIX almost 3x'ing at the point of support to hold above the 3 YEAR RESISTANCE TREND plus holding the .865 FIB was BULLISH MOVE #1.
The Second Bullish move and in my opinion the bigger of the two moves in value and confirmation is where we have sat for the past 4 days since September 25, 2020. On a Red Candle we have held support not once, not twice but thrice; we are in the midst (during the writing of this analysis) of this 4hr candle holding above the 21EMA. Holding support on the 21EMA is the bull trend support sweet spot that throughout Bitcoins History we have proven time and time again to hold true.
In the Short term to Near Future we can see a slight drop back down to test the trend line holding up our ascent we have started, which can drop us temporarily below the 21EMA, but will be short lived. The longer term price target of our next move looks to be over the next 30 days and a movement back up to the $12,500.00 and then to hold as support using the ping-pong like action from July and August in the 11,900 - $12,400 price level as support. Next stop from there is the $13,700 to 14,250 price range in the next 45-60 days.
Until Next Time,
MahNemzJeff signing on with Gamblers' Paradise
Bitcoin another round of sell off is awaitingBITCOIN
After reaching the 12000.00-mark cluster of resistance were formed at this level. In this consolidation phase we can see the series of pattern shows that the rise and big falling of the price.
The price is trading below the 50,100,200 exponential moving average in four-hour timeframe. Bitcoin has lost almost 2000$ for 1BTC in a single trading week.
And find some minor support near 10000.00 level. We can expect a short term rebound of the price towards 11000.00 level there some recent resistance zones are formed.
Just above that price around 11500.00 23.6% Fibonacci level will acting as resistance for bullish run. From this level we can short this pair and the potential take profit will be around 9000.00 mark which is coincide with 50% Fibonacci level
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Disclaimer
It’s not a financial advice. Do the analyze and take a decision.
BTCUSD REVERSAL FOR $9KAfter yet another failed attempt at $12k, sell power has caused a market reversal.
From the chart you can see a head and shoulders pattern forming and BTC might retest $9k support line.
However, this might just be what is needed to gain momentum from a new entry point at $9k, shooting us back up to retest $12k.
BITCOIN MAJOR MOVEMENT - NOT THAT BULLISH YET !!!Hope you have a beautiful day!
In the following technical analysis I am presenting the current situation of the market for medium term period by utilizing highly efficient structure lines and data language.
Please let me know what do you think about it ?
Are we going to breakout bullish or bearish out of the triangle ?
Let me know what is your position on this and let's construct a positive conversation
Enjoy your day and be careful leveraging!
Danger Zone 4hrEach move down is measured around 5.5%. Bulls have yet to show any real volume on the moves up and while $11,400 has been cleared I'm not convinced.
That's why I'm thinking we've got another 5.5% move to the downside around $11k or maybe even $10.8k after some long positions are liquidated.
I'm out of position sitting in cash. Looking for an oversold on the 4hr and Daily RSI.
BITCOIN - STRONG BULLISH REACTION - BACK TO $12,000 ?Hope you have a beautiful day!
In the following video I am presenting the current situation of the market for short term period by utilizing highly efficient structure lines and data language.
Please watch the entire video and let me know
Are we going to close today, above $11,500 or not ?
Let me know what is your position on this and let's construct a positive conversation
Enjoy your day and be careful leveraging!