Bitcoinpriceprediction
BTC Long entry still valid!✴️ BTC Update #BTC_Update
What's new since the livestream yesterday? Not much we are forced to admit, but the BTC has nevertheless broken its 7800 level and now stands at 7880.
The daily technical situation and 4h remains positive for the moment despite an overbought situation and signs of bearish curvature visible on the daily TF.
📈 Trend follower?
Positive on the 1h and 4h horizon and negative on the daily TF.
👉 What can we do about it?
As we explained yesterday during the stream, the BTC has gained some levels and registered a higher high. However it is very risky to predict exactly the turning point.
So it is indeed possible on the shortest timeframes to find a short position after support break, but this is not how we decided to proceed.
At the current top, if we look at the Fibonacci retracements, the proposed purchase area now corresponds perfectly to the golden pocket 61.8 -65. That's why the trade is still valid guys!
Be careful though!
Enjoy our analysis!
Your 4C-Trading Team 💚
BTC Update✴️ BTC Update
The situation remains the same guys, the BTC is still under its 7800 resistance zone at 7700.
The technical indicators on the 4h horizon have just crossed downwards, and therefore give a bearish signal. On a daily horizon, signs of bearish curvature are visible on the WaveTrend but indicators haven't crossed yet.
📈 Trend follower?
Positive on the 1h and 4h horizons and negative on the daily horizon.
👉 What can we do?
The proposal to trade in the 7080 - 7185 zone remains valid guys, patience while waiting for the entry point!
Stay safe 😉
Enjoy our analysis!
Your 4C-Trading Team 💚
Next trade BTC!✴️ BTC Update
What's new since the last one? A little rejection, guys, which brings us closer and closer to yesterday's proposed entry point.
Currently around , the BTC is evolving from the 7050, the BTC is evolving in a daily technical situation which is positive again. On the 4h horizon, the indicators are still positive but show signs of a more and more serious bearish curve.
In addition, a sales signal has been given for the 1 hour time horizon.
📈 Trend follower?
Positive in 1h and 4h and negative on the daily horizon.
👉 What can we do about it?
The trade proposed during the last analysis remains valid, so we will wait for a return to the buying zone between 6900 and 6980 in order to open a long position.
Targets will be 7080 first, 7200 second and 7450 in extension.
Be careful as usual guys, no oversizing!
Enjoy our analysis!
Your 4C-Trading Team 💚
Long to the short zone folks!✴️ BTC Update
What's new since the last update? We approached $10 near our short entry point, before dropping to 6800, which would have been a great TP point. This trade is no longer valid, guys, next!
Bitcoin's technical situation is positive on the 1h and 4h time horizons and the daily horizon is starting to show signs of bullish curvature.
📈 Trend follower?
Negative on our 3 main analysis horizons.
👉 What to do?
For the moment we'll keep it simple, if the 6950 breaks, we go long on pullback to target the resistance zone at 7120, which will be used to take our profits and switch to short.
In the meantime, no bullshit with your leverage guys!
Enjoy our analysis!
Your 4C-Trading Team 💚
Let's short that BTC!BTC Update
In the last update, I was talking about the 6950 level and its importance for a possible bullish continuation. This last level didn't hold and the BTC is currently trading at 6880 after having reached a low point at 6750.
The technical situation is negative on the daily and 4h horizon even if we can see signs of bullish curves on the 4h indicators.
📈Trend follower?
Negative in 1h and daily and positive on the 4h time horizon.
👉 What to do?
The 6950 level didn't hold, so we didn't get our higher low. Moreover, even if the 1h technical indicators show a possibility of rising, the technical situation in the longer term is also negative.
A short term rise is therefore possible, which will allow us to open a short position as we approach the 6950 level.
Stay safe guys! 😉
Here is my vision for next 2 weeks 16/04 - 1/05I'd say Bitcoin's momentum is neutral .
However, on smaller timeframes we can see that a buying power is trying to push Bitcoin above 7100 .
From a technical point of view we have a first resistance around 7100
If we break the 7100, the EMA 100 located around 7500 + simbolic level will surely be a place where the bears will be located.
I think it will take two more tries before Bitcoin can break the 7500 and then go get the 9000 where a lot of sellers can be there
So I'll stay buyer as long as we stay above the monthly pivot point of 6700 .
For daytraders an excellent scenario would be a break from the 7200 and then a return to the 7100 .
For swingers an excellent opportunity was to take position around 6700
A second chance could be a stabilization around the 7000 and a break of the 7100 ,
the stop loss should be around 6850 and a TP1 8000 (Risk reward not really interesting) but with a good trend follower everything is possible.
In the selling senario a stabilization in the lower part of the bollinger band and below the "monthly and weekly" pivot points would be a good sign to sell.
Don't forget to follow me on twitter .
A Fakeout to govern them all!✴️ BTC Update
During the last update, I was telling you about a possibility of higher shorts, in case of a test in the next zone, i.e. around 7300! Well it ain't happened.
The Bitcoin grew last night but not enough to even reach 7200 but that doesn't totally rule out the possibility of a fakeout before a further drop.
The daily technical situation is now positive with a buy signal given on the Wavetrends and the 4h indicators are also positive.
📈 Trend follower?
Positive in 1h and 4h while the daily horizon remains negative.
👉 What can be done?
For the moment we are clearly in a trading range, failure below 7200 at the beginning of the session. As long as this range will not be broken we will short under resistance and buy support.
Beware however, I prefer to wait for a fakeout and place myself after confirmation, it would be too dangerous to blindly short 7200 given the current context.
Be careful and watch your leverage guys!
Intraday Rally Beware of false enthusiasm, for me the movement is very close to a bull trap with correction.
BTC : Here's the short-term compass✴️ BTC Update
The downside risk was present and so we saw a drop to 6470!
However, the BTC formed a Swing Failure Pattern around its ~6600 support zone and a potential bullish divergence was visible within 4 hours, so I closed the short position around 6680 this morning.
This was just before the BTC pumped almost $300 to trade now around 6900.
What the fuck!?! Exactly, guys, what do we do now?
The technical situation is positive on the 1h and 4h horizon and some signs of bullish curves are visible on the daily horizon.
👉 What to actually do?
1) For the moment Bitcoin is rejected under 6980 and short positions are closed. If prices fail to break this level, it will be an additional sign of bearishness and we will then try to go short on low TF.
2) If however, this level breaks, I will open a short position around 7200 and aim for a return to 6980.
3) A real break, not just a wick, above 7200 and I'll consider opening a long position!
While waiting for more development, stay safe guys!
BTC : No volume and stagnation✴️ BTC Update #BTC_Update
What the hell's that BTC doing? We've been rejected twice under the 7450, which is pretty bearish, but still no massive drop.
The daily technical situation is still positive while the technical indicators are negative on the 4h horizon. On the 1h timeframe, the WaveTrend has just given a buy signal, which does not rule out a short-term rise.
📈 Trend follower?
Still positive in the daily and negative in the 1h and 4h timeframes.
👉 What to do?
Even if Bitcoin doesn't do much at the moment, our scenarios are ready you know me guys! So we have two big possibilities for action, maybe even three.
The first, Bitcoin breaks the 7500 - 7600 zone and moves far enough away from that level, forms a higher high and retraces. In this case we will open a pullback position.
If the Bitcoin fails to close, at least in 4 hours, with enough space, it will be a false breakout/liquidity grab and therefore a bearish sign. We will open a short position on retest of the 7470s. If the 7200s are broken down, this will also be a great spot to open a short on retest position.
While waiting for either one to break, we'll take our cursor off the trader button and wait for the guys! Have a nice day 😉
BTC/USD price predictionHello crypto fans,
Welcome to our first analysis of Bitcoin price. As mentioned in the chart, we found two really similar patterns in Bitcoin trading price during the years.
1st circle: hard short as seen in March 2020 - very small price variations - jump. That's the typical V-shape.
2nd circle: hard short, because of COVID crisis and big price variations. For example yesterday's market opened at 7200$, then dropped till 6800$, then almost kissed the 7000$ again and now we can see it at 6800$. Don't forget that we jumped way too fast from 5800 to 6800$ and that's the big difference with the picture from the 1st circle. We really have to test again the levels below 6000$ in order to make the big jump in May.
So my prediction for the next days' price is SHORT. 6900$ is a perfect level to get in and stay at least to 5800$. Have in mind that BitMEX CEO said that even a 3000$ level is possible!
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SHORT with ELLIOT WAVE 4H for 6.700k USTDSHORT with ELLIOT WAVE 4H for 6.700k USTD.
I'm not expert on Elliott Wave rules, this is my training days, but for me this example and forecast is good.
Bitcoin's Upward Trend Has EndedPlease leave a like and comment if you enjoyed the analysis.
All notes are on the chart, trying to keep it simple.
Tracking of the pull back with ELLIOTT WAVESTracking of the pull back with ELLIOTT WAVES
The next possibile level of price that i have found with the analisys fibo's and varius resistances probably are into this price levels.
This trade it's the continuation of precedent. Afther these last waves, i think that probably the trend will go into reversal phase. We will look the situation at the moment..
Bitcoin is in Wave CHi Guys,
I was in doubt till February 2020 when bitcoin was trading above $7300 and touched $10500 for the 3d time, after when BTC dropped below $7300 I was sure that it will touch near $5500 (200 Weekly Moving Average) and next it went down from that level as well and touched 3850 and on some exchanges it touched $3770 as well.
Now based on my analysis and market scenario I can say the drop from $19667 to $3156 was wave A of correction and that Wave B from $3156 to $13970 we have seen a very fast recovery from $3156 to $13970 (Usually Wave B shows this kind of Fast Recovery).
And Now BTC is in Wave C where Bitcoin is ready to make a fresh low in next couple of months. As per my research Wave C usually Comes near to BTC halving you can see chart (1st halving - 2012, 2nd Halving 2016, 3rd Halving May 2020). Wave C always make a fresh low (it can go down by $1-$2 from its previous low $3156 , but it will make a fresh low).
At present I am waiting for the right levels somewhere around $7935 to take a short position in BTC and will hold it below previous low $3156.
As per my expectation recently Monthly 100 Moving Average is also started which is near $2750 in coming months we can we it around $2900 - $3000 level, market may test that level and try to consolidate near that.
I HOPE BITCOIN WILL GO TO MOON SOON
Regards,
Crypto Money Mantra
Break me out before you drop!✴️ BTC Update
What the hell's that BTC doing? We've been rejected twice under the 7450, which is pretty bearish, but still no massive drop.
The daily technical situation is still positive while the technical indicators are negative on the 4h horizon. On the 1h timeframe, the WaveTrend has just given a buy signal, which does not rule out a short-term rise.
📈 Trend follower?
Still positive in the daily and negative in the 1h and 4h timeframes.
👉 What to do?
Even if Bitcoin doesn't do much at the moment, our scenarios are ready you know me guys! So we have two big possibilities for action, maybe even three.
The first, Bitcoin breaks the 7500 - 7600 zone and moves far enough away from that level, forms a higher high and retraces. In this case we will open a pullback position.
If the Bitcoin fails to close, at least in 4 hours, with enough space, it will be a false breakout/liquidity grab and therefore a bearish sign. We will open a short position on retest of the 7470s. If the 7200s are broken down, this will also be a great spot to open a short on retest position.
While waiting for either one to break, we'll take our cursor off the trader button and wait for the guys! Have a nice day 😉
Now we enter on pullback!✴️ BTC Update
This is it, at last! After observing Bitcoin doing nothing at all under its resistance zone, the latter is now broken with a confirmation in daily closing.
The zone we are now interested in is very logically the one between 7500 and 7600.
The daily technical situation remains positive as do the indicators at the 4h horizon, even if the latter are starting to show signs of bearish curves.
📈 Trend follower?
Still negative on the daily horizon, but positive on the 1h and 4h hourly news bulletins.
👉 What can we do?
Now that we've had our break, it's time to look for an entry point to buy. There are two possibilities here:
1) The zone between 6900 and 7000, which corresponds to the old resistance zone but also to the zone between 50% and 61.8% Fib (last bullish leg).
2) The 1h zone value which also coincides with the 50% retracement of the 6130 - 7460 rise and the EMA 200.
A long position can be opened on the 1) using half the usual risk and a tight stop-loss. If the latter does not hold we will also open a long position on the second zone.
💹 Altcoins
The majority of the market is showing gains since the beginning of the session with SKY and VET winning over 10%.
Stay safe guys!
Bitcoin TOP at $8500 According to FORGOTTEN STUDYHey people!
Sharing everyday what I know about Bitcoin and what I see on chart.
So you can check from your perspective and compare.
Today I've noticed interesting pattern.
Its Called LIVERMORE Accumulation Cylinder.
This old study pic you can find in the internet.
I am attaching photo here: Reddit source .
You can google it too "LIVERMORE Accumulation Cylinder"
Please don’t follow any analyst blindly.
If you following somebody with good Risk/Reward and Win Ratio.
Without risk management and allowing yourself to lose some trades, you won’t be good trader/investor.
Always use stop loss to prevent yourself from losses.
Make sure you understand and afford the risk. Please.
ATTENTION: Dear followers please consider to appreciate my ideas on tradingview with your likes 👍, this will help bring more quality content in next trading ideas. And if new to my work, and you like it, you can Follow my page to receive ideas in your Ideas Stream. Thanks 🤝😊
Stay tuned to Artem Crypto
Don't get rekt. Stay safe.
Daily close above this zone is needed✴️ BTC Update
New week starting on the markets, what has happened since the last update? We still haven't had our daily close above 6900 but Bitcoin is currently trading around 7050!
I was telling you on Friday about two possibilities from a chartist point of view, an ascending triangle that you can see quite clearly or an ascending wedge. These two chartist figures have different implications on the possibilities for the evolution of the BTC.
Bitcoin is currently breaking its resistance zone which has been holding for almost two weeks now, but is encountering the oblique resistance of the wedge. The technical situation remains positive in both the 1h and 4h and daily horizons but the indicators are approaching their overbought zone.
📈 Trend follower?
Negative in daily but positive on the 1h and 4h horizon.
👉 What can be done?
As explained in the previous update, we need a daily close above these two resistance levels (horizontal liquidity zone and oblique wedge) to consider opening a long pullback position.
Until we have this close, bearish risk will remain present.
💹 Altcoins
The majority of Altcoins are down since the beginning of the session, with SORTJ dropping more than 7% and WPR dropping 4%.
#Bitcoin weekly updateBINANCE:BTCUSDT
Bitcoin is in consolidation phase. Bias is neutral. Funding is positive so many are shorting the market. Let's see where the price will go in the next days. I hope your safe and being careful with your shorts. Hope you like and share with your friends and comment to share your thoughts.
6900 zone, WTF with you?✴️ BTC Update
What's been going on since yesterday, guys? We finally got our break? Yes and no,let's take a look at it right now!
Indeed, the price of Bitcoin has indeed surpassed the 6900 zone but the break was short-lived with a high point reached at 7300 before a proper rejection. On the 4h horizon it doesn't even count for a high high in the fence and it was of course not enough to enter in position on retest, not the necessary distance and much too fast.
The daily technical situation remains positive but we can detect signs of a bearish curve, the situation is the same on a 4h time horizon.
📈 Trend follower?
Positive in 1h and 4h and negative in daily.
👉 What can we do about it?
Even if for the moment the daily technical situation remains positive, yesterday's flash rejection is not a good signal in the short to medium term. Indeed, the BTC failed at the first possible level and did not close above its resistance zone in horizon 4h.
If we look at the volume, the one that comes with the rejection candle is relatively large. So we will wait, if the resistance actually breaks and approaches 7500, and stays there at least a bit, we will be able to consider buying on pullback, not before.
💹 Altcoins
The majority of the Alts are showing modest gains since the beginning of the session with Steem standing out from the pack, posting over 20% gains.
We remain cautious guys, this market is capricious!
Good Friday to all!😉
Enjoy our analysis!
Your 4C-Trading Team 💚
Another attempt towards 7k?I don't think I have to abandon my trade after yesterday's downturn to 5.8k, I haven't seen the price drop until the historical falls that the pessimists were looking for. Indeed we can say that the support at 5.8k USD worked very well.
Today there are two very marked divergences, which gives me hope given the trend and other data that we can try again to break through the 7k USD.
If the set up remains linked to the link of the precedent strategy
