Another view (update)Hello everyone, this is our renko view on btcusdt, enjoy!
How to read:
I don't think those bricks want to lie as they say it clear: no stops during the rally, no rally. The bearish scenario is playing out perfectly in here, so now price will be rejected by fib 2.618 (9150, DONE). Now is forming a red brick, which may state both a sell opp at 9.5k-10k to come or the unlucky event of a new bearish trend which would bring price down to 6000. W gartley is very bearish even on this type of chart. We may be at first impulse wave or at second correction wave, probably we're going down. Moving from greed positions.
Strategy:
If 2 red bricks are built (8133), then short it to the death.
If 1 red brick and 1 green brick are built (8811), then long on the King.
This is not a trading advice, stay tuned for more predictions. Anlvis.
P.s. chart layout was changed while posting, take it as it is.
Bitcointether
Bitcoin (Sept 22) #BTC $BTC #XBT $XBT #USDT $USDTAt this time, I can see that BTC have 2 possibilities can happen :
1. Following Red Arrow
If 9600$-9650$ is strong enough, BTC will go up to 11000$ til Oct 3rd
2. Following Pink Arrows
If 9600$ can't stop this dump, BTC will meet 9050$-9100$ in just today or tomorrow and it will bounce back slowly to 10000$ to find an opportunity to come back 10600$, but if fails again, we will see it at 8000$. This would be the next dip of BTC and we must buy in
Bitcoin/Tether (July 11) #BTC $BTC #USDT $USDTI think that BTC will soon fall out of this Bearish Flag pattern and the dip would be around 9200-9700$, this area is quite wide and need more data to determine the exact price range.
Expected to bottom around July 15
Important BTC prices are : 11200$, 107200$, 9725$ and 9200$
But of course, we always need the backup plan : If BTC bounces back and get overe 11800$, it will keep pumping to follow the Orange arrow or Pink arrow
Bitcoin/Tether (June 18) #BTC $BTC #USDT $USDTBTC has not been able to exit the channel as shown in the figure. There are many signs that BTC will reverse to go down at 9400$ zone and this is quite reasonable when a lot of Altcoins has entered the strong support price that noone wants to sell off anymore.
The best scenario for the market (and the best for Whales) is that BTC moves down to the lower edge of this channel at 7900-8000$ and raises its momentum.
However, in the financial market, everything is possible. If BTC passes 9400-9450$ zone, then your first priority is to move all Altcoins into BTC and wait until BTC reaches 10500-10600$ to consider buying Altcoin.
Because BTC increases 10-15%. it will be a nightmare for Altcoins when they decreases by 30-50%
Bitcoin/Tether (June 11) #BTC $BTC #USDT $USDTCurrently, BTC trend is quite complicated. And we have correctly guessed the first 2 arrows of the previous BTC analysis.
However, at the 2nd arrow, I have not seen the possibility that BTC will be completed. And it is likely that BTC will come back and re-test 7500$ once again before rising back to 7900$
Expected date : June 13
This analysis completely coincides with the trend of BTC Dominance chart
This analysis will be wrong if BTC returns and is higher than the last 8020$ peak
(THIS IS NOT A MARGIN CALL)
Bitcoin/Tether (June 4) #BTC $BTC #USDT $USDTBTC is still in an uptrend because the support for the main uptrend is 6500$. Our job is to quickly increase the amount of BTC before BTC performs bullrun.
As shown in the figure are possible possibilities for BTC
At first, BTC will continue to increase again to 8400$ because of fluctuations in the bullish flag, this is the best time for Altcoins and I hope that BTC can quickly break this flag to continue increased sharply. And you should sell all Altcoins when BTC hit 8400$ zone
If BTC can't break this bullish flag in this wave, it will continue to move back to 7000$ and wait for the next opportunity to break.
Target is still 9975-11500$
But if BTC doesn't go up to 8400$ but keep going down to lower than the last dip today, Sell all into stable coins
Bitcoin/Tetherr (25 May) #BTC $BTC #USDT $USDT#BTC/USDT (25 May)
Our last BTC signal failed and now BTC has returened to bullish.
Target of BTC is 8275$ and 8600$. Current price is 8017$ and I believe that BTC will not be able to increase strongly from here but will return to re-test the 7800-7850$ support zone
This is a reasonable adjustment of BTC to help Altcoins recover after a strong decline today
BTC/USDT XBT/USD $BTC #BTC $XBT #XBT (11 May)Looks like BTC doesn't want to drop. There's no reverse sign can be found, and if BTC keeps going up like this, we will see it at 77xx $ zone and target is the blue line.
You can use the Left Fibo Ext to measure the peaks and use the Right one to measure the correction points
Of course, if BTC goes back and break 5900$, this up-trend will be broken.
Take care!
BTCUSDT - Ascending Channel or Correct to $4700For the last week BTCUSDT has stayed more or less calm inside of its ascending channel on track to reach $5600. It has had one pullback that fell just outside the bounds of this channel before quickly rebounding back.
We expect one of two scenarios to happen in the immediate future:
1. BTCUSDT will retest its previous high of $5422 and be rejected, hover near this resistance for a while before pushing through.
2. BTCUSDT will lose steam around the middle of it's channel (about $5350) and make a lower low to 4700 - 4800 complete an ABC correction before it's 5th wave upwards.
We recommend setting buys around the 4700 - 4800 in case scenario 2 ends up occurring.
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To set laddered buys, stoploss and take profit simultaneously, and monitor your signals with alerts you can use: signalgroups.com
$BTC #BTC/USDT - Dangerous time is coming, take care (30-3)Although BTC is going sideway in Rising Wedge, but you all can see that I draw a Red Arrow, just breakout a little from rising wedge. Once BTC reachs 4200$ level again, I think BTC will have a big correction.
First point to rebound : 3970$
Second point to rebound : 3775$
Of course, don't sell your Altcoins into USDT. That's a good time to use USDT part for buying BTC at low price :)