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Bitcointrading

BITCOIN brief correction to the downside ❌🧨Hello 🐋 we can see more correction to the downside, at least close to great daily support level ($26000 to $27000) ❌🧨❌🧨❌ in other word if the price doesn't break the resistance zone to the upside and just complete the retest, we will see more correction, at least to our lower trend line ❌🧨 otherwise we can see more gain to upper resistance level ✔️🚀 for any other huge pump, we need more correction 📖📖📖📖📖 if breakout of the lower support zone be completed, we can see more correction to the downside ❌🧨 brief amount of green candlesticks to the upside before any other movement is logical 📖💡 👌 Notice: pay attention to the price on shortcut chart (located above the main chart with black colour) 📖💡 Please, feel free to share your point of view, write it in the comments below, thanks 🐋
Short
by MadWhale
7
BITCOIN for more huge gain first we need correction to downside Hello 🐋 the price now again stick in the parallel channel and more range candlesticks between tow area before any other breakout of the previous high we expect to see sharp red candlesticks to the downside besides the range market is acceptable scenario too 📖💡 if we lose our support level we will see correction at least $25000 area ❌🧨 and if we lose our daily resistance here more gain is logical 💣🚀 👌 Notice: pay attention to the price on shortcut chart (located above the main chart with black colour) 📖💡 Please, feel free to share your point of view, write it in the comments below, thanks 🐋
Short
by MadWhale
6
BITCOIN - GEARING UP for another ATH ⬆Hi Traders, Investors and Speculators of the Charts 📈📉 In today's analysis, I take a look at a fractal that played out on Bitcoin during March 2019 over a few months. This was the beginning of the bull cycle that led to BTC's all time high. Fractals can be very helpful to give an idea how the price action behaves after certain trends, which is where trend lines become especially useful in conjunction with fractal strategy. I believe there is an important balance between trend line analysis / chart analysis, and technical indicator analysis. I find that trend analysis ( trend lines , support zone and resistance zone , Fibonacci ) is really helpful for longer term, whilst technical indicators such as RSI can be very useful for the shorter term. Important to note that today's analysis is focused on longer term, in other words potentially more than 3 months. This analysis on Bitcoin corresponds with my previous in depth analysis on BTC , which you can find here 👇 This update uses BTC .D ( bitcoin dominance) and TOTAL2 (total market cap of alts) to speculate shorter term price action for Bitcoin . _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck
Long
by CryptoCheck-
22
Where I see Bitcoin going in the next 2-3 MonthsIn my view, the current Bitcoin price correction presents an opportunity to remain bullish on the cryptocurrency. If the price corrects and finds support around FWB:25K , this may suggest a correction (A-B-C) has occurred. This could signal that the upward trend is likely to continue, with new highs possible once we break through the FWB:31K level. However, there is also a strong bearish case if the price drops below $26.6k and then meets resistance at this level. If this occurs, it could indicate a larger correction and a potential trend change. We may see an impulsive wave (1-2-3-4-5) down from this point, with a potential low of $21k. Overall, while there are both bullish and bearish scenarios to consider, the support and resistance levels around FWB:25K and $26.6k will be crucial indicators to watch in the coming days and weeks.
BITFINEX:BTCUSDShort
by Rekturnal
Bitcoin price analysis According to Bitcoin chart data on daily time frame Bitcoin is in the support zone (red zone). My personal analysis: According to the following analysis, which is related to the total market and dominance of Bitcoin As indicated in the chart (blue circles), the price has broken its two hundred day average and entered the upward phase, and then the pullback has hit the two hundred day average again. According to the price performance in the Bitcoin chart and the Total Market and Dominance Bitcoin analyses, I expect the price to grow up to the specified areas (purple areas). Trade smartly
BITSTAMP:BTCUSDLong
by ExduS021
BTC Express 🚂 $28,631 April 23' Looking for a Retest of the Lows. Bears appear to have showed up a bit higher than we were anticipating. BTC Appears to be doing it's thing, which we can always appreciate. Since the USD is being dumped BTC may be the future. For now we will trade based off Zones by constructing attractive RR Ideas that may cushion us across a series of data points and into the positive. Surviving as a Trader requires more emotional control than in comparison to other contributing components. My System across the past 6 weeks you may observe a 28% Hit Rate. How are you profitable ShrewdCatFx? I would say maintaining emotional discipline across the vast series of data points. More Analysis : Entry is Only 70 Points lower than our Entry from yesterday that was blown out of the water. Now Price is behaving how we would like it to and are getting in for an entry as price retests the top of our original range between 28.5K Daily level and 27.3K Daily Levels. Price on the Daily looks like major rejection with that top wick. If Daily closes below 28.5K in 2 hours then we can be confident of a leg down during Asian or upcoming London session. Upcoming News : CPI on Friday FOMC next Wednesday NFP next Friday. Plenty of opportunity ahead. Maybe we keep consildating between 28.5K and 27.3K Daily levels until then.
COINBASE:BTCUSDShort
by ShrewdCatfx
BTC: 2 SETUPS for SWING TRADERSHi Traders, Investors and Speculators of the Charts 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. The bulls are weakening on the support zone as the price keeps chopping right on top of support. Should the price break the green trendline, a short setup seems reasonable. As soon as CryptoCheck START v3 flashes a sell signal, the trade can be taken. While you're here, check out this update on BNB : _______________________ 📢 Show us some LOVE 🧡 Follow for daily updates and trade ideas on Crypto , Stocks , Forex and Commodities 💎 We thank you for your support ! CryptoCheck
Short
by CryptoCheck-
19
Liquidity Grab Towards Relative Equal Lows and Equilibrium PriceBTC is correcting towards its relative equal lows. In trading, relative equal lows refer to the occurrence of two or more lows in the price of a security that are approximately at the same level. These lows are considered "relative" because they are compared to other lows that have occurred in the recent past. If a security has formed two or more lows at roughly the same level, it suggests that there is a level of support at that price point, and traders may see this as an opportunity to buy the security at a potentially favourable price. However, it's important to note that just because a security has formed relative equal lows does not necessarily mean that the price will continue to rise, and traders should always consider other factors such as market trends, news, and economic indicators before making a trading decision. The Fibonacci 0.5 level is often considered as a midpoint or equilibrium point in price movements. However, it is important to note that it is not a fixed or absolute level and should not be relied upon solely as a trading signal. The Fibonacci retracement levels are used in conjunction with other technical analysis tools and indicators to identify potential support and resistance levels, as well as entry and exit points for trades. Therefore, while the Fibonacci 0.5 level may provide some information about price equilibrium, it is only one factor to consider in a comprehensive analysis of market conditions.
BINANCE:BTCUSD.P
by Fondera
Bitcoin setting up for a new continuation?Today’s focus Bitcoin Pattern Trend Continuation Possible targets 31,000 – 31,700 – 32,000 Resistance 30,500 Indicator support – EMA solid up slope CCI close a to 0 bounce After a solid pullback to start the week, buyers charged back into Bitcoin on Tuesday, pulling back all of that session's losses. It was a solid move that kicked into gear once sellers broke 30,000 to the downside. Despite the bullish push, buyers where once again stopped at the 30,500 area. Today sellers remain in control, but we are wondering if they can regain control and make a new push at resistance. A test and break could set up a new trend continuation trigger, and we would like to see this year's high and above tested if that happens. The EMA continues to support the trend with a solid slope upwards, and the CCI came close to testing the 0 line. We would like to see the CCI move back into the oversold with a new move higher, but price is the prime focus in confirming the move. If price moves back below 30,000 today or tomorrow, this would be a worry, and it could show buyer momentum might not be that strong. We would prefer to see yesterday’s high broken today. Thanks for stopping by. Good trading, and have a great day.
EIGHTCAP:BTCUSDLong
by Eightcap