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BTC: This can be it! Since the low on November 22, 2022, bitcoin has already gained over 50% in value. Nothing unusual for the crypto world, but this time it seems to be an impulsive 5-pointer. This means that the bear market may be over. According to my Elliott wave analysis, we have now seen the low in bitcoin at $15482.03. Should we build a clean 5 divider - meaning bitcoin reaches at least the 261% extension at $23.985 before the next correction, we should see sustained further gains. Under no circumstances should bitcoin fall below 18377$ before reaching this extension. If that happens, then we are still in a bear market. What do you think about the bitcoin? Do you think we have already seen the low?
BITSTAMP:BTCUSDLong
by DavidJankowski
1
Best Indicator for Crypto TradingBest Indicator for crypto trading is RSI ( Relative Strength Index ) is very necessary for technical analysis . Mostly traders observe the previous market volatility and predict future trends . All cryptocurrencies are run by blockchain technology so traders use this tools to analyses the markets fluctuation. There are many indicator for crypto trading but the relative strength index (RSI) is very popular. It's was launched in 1970s. A tool for traders that can use to observe how market perform and trend . It’s measure the volume and velocity of price momentum and velocity of candles movement. The RSI is very helpful tool and very popular among the professional traders. This is new concept of technical analysis and price predication of future market Work of RSI Indicator RSI is best indicator tool for crypto trading. This type of technical analysis trading tool which observe the quantitative of volume and price fluctuation in crypto trading. When momentum increases and price also increases and it gives signal that trade is being ready for buy in market. If trend signs bearish or market fluctuate downside that indicates that market is ready for sell because selling pressure is very high. Visit for more information.
Education
by carripayvideos1988
1
BTC Bitcoin: Important Support and Resistance LinesHello friends, today I am posting the important Support and Resistance trend lines for Bitcoin (BTC). These are the lines that I keep a close eye on and though there may be more, these are the important ones I focus on. One thing to keep an eye on with Support and Resistance lines is how many times in the past has the price came into that area. The chart has no other indicators or oscillators shown to keep it simple. I hope you can use this for your charting! If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
BITFINEX:BTCUSD
by MillionaireEconomics
10
Bitcoin Eye Cand-yPulling out some tool not used so often in the toolbox. The Red Line or the .236 @ 22.9k is the Resistance and the area to short from. Using a pitchfork we can see the downward slope we are in with the Orange dotted line denoting the current Lowest Low. If you use a Composite Index Indicator, you're aware of a drop thats going to occur in the coming day(s). How far it goes is yet to know, though i have my readings. Honestly, I had previously thought that ~15.5k was were the bottom was going to be and i am keeping an eye on that level. As it's technically still in play as many other have had that assumption too, though I have my suspicions. Keep your wits about you, and check the weather, CryptoWhether.
Short
by CryptoWhether
Bitcoin Analysis21.01.2023Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. I will personally reply to every single comment! If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel. Thank you for watching and I will see you tomorrow! You can also check out my previous analysis of this asset:
by basictradingtv
35
BTC Price Analysis LONNNGGGG!!Hello and good day to you! Hope all of your trading days are going great! So here's BTC In a LONG situation. BTC Needs to hold the 19600-20120 LVL no as support in order to continue on to the upside. Our next target lvls to watch out for are going to be the 21159-21582 LVLs If broken we could see a test at the 23113 LVL Then our next MAJOR LVL to look out for will be around the 24300 -25050 LVLs Which have a HUGE line of support.. Happy trading to all :) leave a comment or like, please! I'd love to hear what you think of my ideas! :) Have an amazing day all!
Long
by owenNations
Bitcoin 2018 Bear Market v 2022 Bear MarketThere is a striking similarity between the 2018 and 2022 bear markets in Bitcoin as illustrated on this chart. This is the same thing I have been discussing for months now on Twitter and YouTube while so many other large influencer accounts were screaming that it HAD to go below $12K. While there is no guarantee that the low is in yet (there are no guarantees in trading except that you WILL lose money at times), there are a number of signals that it very well may be. This is just one of them. Break out impulsively above the weekly pivot and there should be no looking back.
COINBASE:BTCUSD
by Chris_Inks
1
Bitcoin Analysis 14.01.2023Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. I will personally reply to every single comment! If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel. Thank you for watching and I will see you tomorrow! You can also check out my previous analysis of this asset:
by basictradingtv
33
Bitcoin - Short Term ReviewToday you can review the technical analysis idea on a 1D linear scale chart for Bitcoin ( BTCUSD ). Bitcoin price has been heading higher but it may meet resistance very soon as shown in the chart. Volume is low and RSI is headed towards resistance. I have been calling drops on BTC since November and December of 2021. Be careful. If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #millionaireeconomics
BITFINEX:BTCUSD
by MillionaireEconomics
1
Bitcoin: Bullish divergence on weekly rsiBitcoin has made a bullish divergence on the weekly rsi, meaning the price went lower while the rsi is making a higher high. Not only do we see a bullish divergence, the divergence is happening in a falling channel. The only thing missing is a third confirmation of this bullish divergence. That confirmation can happen in 2 ways: 1: making a lower low on the price, while making an higher high on the rsi 2: makinga a double bottom on the price, while making an higher high on the rsi
COINBASE:BTCUSDEducation
by FetchTeam