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Bitcoinsupport

Oceania trading week about to commence NZ. USD, Gold, Bitcoin * The USD could see some weakness this week, probably not coming until mid-week price possibly propelled by double/bottom structures on mid-timeframes, however the Daily timeframe is indicative of some weakness with price below the moving averages. It's possible later in the trading week the USD could retreat to the 100.60 - 100.85 zone where there is support. Let's see how that play out. The whole idea is a bit counter-indicative of a short I am expecting on EUR/USD which is very overbought at the moment. * In other developments, Bitcoin BTCUSD showed some strength during Sunday's session but is since off its' highs in the weekend session. However, BTCUSD is getting support on the 200 EMA on the Daily. I would not be surprised to see some bullishness in Cryptocurrency this week, with the shine perhaps coming off Gold which is overextended and overbought across all timeframes. The Silver price has further to run but will generally follow Gold's lead. * In precious metals, as I point out above I see a short in XAUUSD very soon probably today, there is more buying demand on the higher timeframe for Platinum XPTUSD, XAGJPY, XAGUSD, XAUJPY whereas XAUGBP, XAUAUD & XAUUSD look over-bought. As I point out above, it's always tricky because I find they all mostly track the gold-price. Have a good trading week, Oceania trading in NZ commences in 30 minutes (6pm New York time) and the Australian ASX kicks off in just over 2 hours time. Chris
EIGHTCAP:USDX
by Easy_Explosive_Trading
Bitcoin support levels reached & heldIf you've been holding out on Bitcoin, here are the levels a smart trader would be buying. We've finally reached a level on the chart where history has shown high demand, as marked by my white circles. This analysis is strictly Technical, as Fundamentals don't matter once you get to high demand levels that are watched by Top Traders. I won't predict a new high or breakouts, but I will say that history has proven that levels like this are very strong & highly predictable, based on my technical experience. If you're willing to swing trade this move, I'd be looking to take profits around the $38,350 level.
COINBASE:BTCUSDLong
by BillionaireTomBoi
Bitcoin Big Picture LevelsUPDATE #BTC levels.. A break of 35.9k opens move to 34.5k looks like it could send it much lower toward a target near 26k-30k. #Bitcoin support levels: 36,300 / 34,500 / 33,000 / 29,000 / 26,300 Bitcoin resistance levels: 38,800 / 39,250 / 40,000-40,200 / 45,800 / 50,000 The facts are: Bitcoin isn’t a good hedge against inflation when Fed is tightening. It’s not really leading into a favorable seasonality trend for end of Feb into March. Google search trends peaked in 2021. USD strength = BTC sells off (most likely) / The mechanics of a credit unwind are essentially a short squeeze on the deflating (appreciating) fiat currency. What is the main denomination of Bitcoin? = USD
BITSTAMP:BTCUSD
by Freshly_Snipes
Bitcoin trend updateas I have marked on my idea if breach down 53k we gonna roll down to 52 but after that, it's 51 waiting for us. if you see my rectangle after one breakout, it gonna go down sharp but, there is no reason for it and as I imagine, bitcoin gonna range max one day between 53-55,5 until one good break that shows the future bitcoin days. there is no reason for a fall so I think it gonna range for some hours and after that gonna breach upwards forward to 57k and maybe sharp forward to 61,5 k. every number in this text is approximately number for a nearly exact number check my chart.
by Pdrm_z
BITCOIN APPROACHING MAJOR SUPPORT !The Purpose of this chart is to serve as a guide for you to know when it's safe to buy bitcoin, as you know charts are made by two axis, price and time, both variables are equally important, therefore a good buy must be placed at the right price and at the right time, trying to anticipate a good buy opportunity can result in a failure of the timing causing you to lose money. So when is safe to buy? simple, keep track of this chart and buy when the price meets the yellow support line, right now price is in the middle of the road, don't buy now, The line on the right chart (big picture) I pointed a major support for bitcoin, this line has held since 2012, it raises about $200 every 12 days, the longer bitcoin holds above $6000 the less it will drop, this line with reach $6000 at around December 23, it is an estimated, all this numbers and dates have a small error. why this support will continue to hold? because the bitcoin fundamentals for what it was created still remain intact, this support is the representation of those fundamentals, it shows us that Bitcoin is has been in a major uptrend since then. If you want to get more detailed updates keep in tune with this link t.me
BNC:BLX
by bitcoinwizard1
3