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Bitcointrading

BTCUSDT (BITCOIN) Daily: 31/01/2023: Is 25k reachable? Well, you can see the possible scenarios on the chart. Personally, I think the price will go up for liquidity above 25200. Bullish scenario: The price can have a bullish reaction on 22300 to 21600, or after touching the demand zone creates a bull set up in a lower time frame and then rise. Bearish scenario: The price can not break the 23K to 24K zone that is a supply zone now. So the price will fall to lower levels such as 20400 and 18400. 💡Wait for the update! 🗓️31/01/2023 🔎 DYOR 💌It is my honor to share your comments with me💌
Long
by VahidTradingCR
1
BTCUSD It's 2019 all over again! Brace for Rally Phase 2!Bitcoin/ BTCUSD is on a 2-day bullish streak, filling the gap from the Feb 9th fall. The pattern is a mirror image of the February - May 2019 Rise pattern. Starting with an Accumulation Phase, then rallying strongly on Phase 1, paused for Consolidation over a Rising Support and off to Phase 2 for the next rally. Trading Plan: 1. Buy on the spot. Targets: 1. 32000 (little under the 2.0 Fibonacci extension). Tips: 1. A Golden Cross had short term the opposite effect, pulling the price downwards. 2. The rebound that started Phase 2 of the rally happened when the 1day RSI crossed over its MA. Please like, follow and comment!!
INDEX:BTCUSDLong
by TradingBrokersView
2
Bitcoin Weekly Chart ReviewToday you can review the technical analysis idea on a 1W linear scale chart for Bitcoin (BTCUSD). BTC was recently rejected near the top of the Major Support and Resistance Line which I pointed out in a chart on January 22, 2023 (included in this chart). The BTC price is headed lower and may possibly hold at the new strong support area noted on the chart. That is also the area of the Keltner Channel median line. Another concern is a Death Cross (50 and 200 SMA) is incoming very soon. This may cause the price to head lower heading to the bottom support line outlined in the chart. Lastly, RSI has turned over heading lower. Volume is making a lower low as well. I see four scenarios at this point: 1) price heads to $15K, 2) price may see a bounce at the strong support area near $20.5K and bounce back up moving higher, 3) similar to scenario 2 but price will get rejected at the top of the Major S/R line forming a double top then head lower to $15K, and 4) price will go sideways for a few weeks for the RSI to cool down before any major move. Overall BTC price looks concerning. Be careful. If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #millionaireeconomics
BITSTAMP:BTCUSD
by MillionaireEconomics
2
ICP Trading plan for those who are out of position / long setupSo , today I decided to share with you my trading plan for this coin , this is due to the fact that most likely now a lot of people have missed the growth and comfortable entry points for altos , and in the market as a whole , and there are probably such among my readers , too , so right now I will tell you the whole plan for recruiting positions with excellent medium - termgoals . Let 's start with the current situation , we have a clearly formed head and shoulders figure , its border is broken , which means it is confirmed . I believe that the price will continue its decline to the key support block of 5.2-4.9$, this decline fits perfectly into the structure of the market, it will demolish the stops on a similar decline in Bitcoin, thereby cooling the overheating. Why is the decline in this particular block ? This. the range is very strong and valid , and also confirmed by time , pay attention to how the price reacted in these price values . Now , after we have identified a block that is comfortable for a position set , we begin to gradually gain a position , in this range we gain 50% of the allocated amount and put a stop that I marked on the chart , the execution of this stop in my opinion breaks the ascending structure and shows weakness . In general, you scored 50% of the amount that you allocated for this transaction and set a stop, now it remains for us to observe and get a position according to the buyer's reaction (noted on the chart), IT is IMPORTANT to do this on a clear confirmation and fixing on local time intervals (4h), so you have carried out another set already with CONFIRMATION that on our market is extremely important . Congratulations, the main work is done, now we are just waiting for the full absorption of sales (falling) and already after the breakdown of $ 6.1 we add the final remaining amount to the position and hold it to our goals, after a bold breakdown and exit for $ 6.2, you can safely transfer the stop to no loss, it is important to note that your amount of addition should decrease, thatit would be hard not to shift your entry point . If you have any questions about the transaction , I will answer in the comments , write . There are also a lot of current setups on the channel . Good luck in trading
Long
by ezzzforme
4
BTCUSD (02/02/2022)Bitcoin Intraday Analysis (Bitsmap): As we have been able to see in the macro scale of the charts published in previous weeks, the key indicators in the Bitcoin cycles have been warning us of the theoretical price bottom of around 15K. Today we are going to try to introduce this theoretical bottom with the end of the bear market and the possible introduction in a few weeks of a new period of pre-halving accumulation. Some of my Intraday indicators to show this proximity to new movements are the ones shown in the chart: - Exit of the high selling pressure funds in the PA, introducing new touches in the high area (buying pressure) - Exit from the consecutive lows of RSI introducing new rebounds in the band of maximums or overvaluation. - First cross of MAs moving averages and closeness to the second bullish cross. - Temporary end on a logarithmic scale of the bearish stage ---------- Análisis de Bitcoin Intradia (Bitsmap): Como hemos podido ver en la macro escala de los gráficos publicados las semanas anteriores, los indicadores clave en los ciclos de Bitcoin nos han ido avisando del fondo teórico del precio entorno a los 15K. Hoy vamos a intentar introducir este fondo teórico con el final del mercado bajista y la posible introducción en pocas semanas a un nuevo periodo de acumulación pre-halving. Algunos de mis indicadores Intradía para mostrar esta cercanía a nuevos movimientos son los mostrados en el gráfico: - Salida de los fondos de altísima presión de venta en el PA, introduciendo nuevos toques en la zona alta (presión de compra) - Salida de los mínimos consecutivos de RSI introduciendo nuevos rebotes en la banda de máximos o sobrevaloración. - Primer cruce de MAs medias móviles y cercanía al segundo cruce alcista. - Fin temporal en escala logarítmica de la etápa bajista
BITSTAMP:BTCUSD
by AVNGL01
Too early to say that Bitcoin has entered a bullish trend?Is it too early to say that Bitcoin has entered a bullish trend? The weekly timeframe suggests that the overall trend might no longer be bearish considering the current price of Bitcoin has broken the upper line of the downward trend line. A factor that could prevent Bitcoin from moving higher is that it is approaching the 200 EMA period, which could be a strong resistance. Furthermore, there is a supply zone at around $24,300 that could pose a problem for the cryptocurrency's short-term upward trend. The narrative on the daily chart is almost the same, with the only significant change for a bullish signal being the closure above the 200 EMA period. On the other hand, the RSI indicator is giving an overbought signal. Currently, Bitcoin is in a consolidation phase in the daily timeframe within the range of the Darvas box.
BLACKBULL:BTCUSD
by BlackBull_Markets
2
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