BTCUSD/BITCOIN SELL ANALYSISLooing at BITCOIN on 4H timeframe
We looking for a possible SELL/SHORT position
We looking for a possible downward at this distribution phase
New Lows Loading
Our Target is around $14K
Bitcointrading
Watch Bitcoin closely now!!!Right now we see that Bitcoin is touching the green line what might can give us some support. But the target out of the rising wedge is still approximately 20.4k if we fail to hold that we can see a retest of 19,750k
Trade safe!
BTC Bitcoin Bullish for another week As i told you in the last chart, we will go higher before going lower on BTC Bitcoin because of the Midterm Elections on November 8th:
The U.S. midterm elections will be held on Tuesday, Nov. 8, 2022.
All 435 U.S. House seats and 34 of the 100 Senate seats are on the ballot.
Politicians, especially those in power, usually keep the market optimistic around the election dates.
Afterwards i expect a sell-off to around $16000 by the end of the year.
Looking forward to read your opinion about it.
What can we expect now for Bitcoin?As of now we see a breakdown out of the rising wedge. With a price target of approximately 20.4k were we also find a support level. But if we re-enter the rising wedge we might be able to break above 21k
Trade safe!
What can we expect for Bitcoin?As we see a rising wedge forming we can finally see some prices to watch! If we break to the downside we can expect to retest the 20.4k again. But if we break to the upside and make a high above 21,090k we can see a swing to give or take 21.2k
Trade safe!
Bitcoin just hit our target!!Yesterday we spoke about the upwards swing due the the good numbers that got released. Our target was 21k what we just hit!
What's next? We need to break and flip 21k to see more upwards momentum were we could see 21.5k and 21.8k. If we fail to break 21k we could see 20.4k again.
Trade safe!
#BTC update - Guess where we're stuck - right at my $20.5k level#BTC update
Guess where we're stuck - right at my $20.5k level
We broke through it 2 days ago, but we were rejected by the dotted MA the day after
💡We need to close the daily like the current bullish hammer
This might be it for Bitcoin!A few days ago we spoke about some key price levels to watch closely. One of them (20.4k) was broken down but got a quick recovery due to the new PCE inflation numbers at 5.1% when 5.2% was expected.
We could see some upwards momentum to 21k. If we break it expect higher levels but if it fails to break expect to see 20.4k again.
Trade safe!
Bitcoin is finally retesting the next levels....A few days ago we spoke about that Bitcoin was falling out of the rising wedge. We had some key price levels to watch. The first one was 19.4k and we did hit that one. The second one is also the one that is the target from falling down the rising wedge at 19,750k
I think that 19,750k would be the "bottom" and see a reversal back up. But a wick to 19.5k can be expected.
Trade safe!
Bitcoin 3 Bullish Patterns Pushing UpBitcoin BTC Crypto has three patterns now trying to push us back up into the Bull Market.
Bitcoin might go up from here!!Yesterday we spoke about some key price levels to watch. One of the major resistance/support level is at 20.4k. Right now we are seeing that this level is holding on quite good! But we broke the rising wedge and the price level would be at our second price of 19,750k. So for us to not see this level we need to shoot back up in to this rising wedge.
Trade safe!
BTCUSDT Bitcoin support levels - 20,500 and 20,000
Bitcoin resistance - 21,000 and 22,000
market depends upon Bitcoin movement so trade carefully and do risk management always.
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Analysis - Bitcoin was rejected at its resistance level of 21,000 dollars, which is also the 100 EMA level on the daily timeframe. As a result, we need to watch where Bitcoin closes on the daily chart. If Bitcoin manages to break the 100 EMA and close above on the daily timeframe, this would increase the likelihood that Bitcoin will move higher, whereas if it fails, Bitcoin may experience a pullback. Adapt your risk management strategy.
Bitcoin and green November? BINANCE:BTCUSDT
✅Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it.
Thank you.
Bitcoin made retested downtrend line on D1. According to my "Take profit" indicator we bounced at real value price in June. Usually when we touch this line we going to test take profit line on D1 timeframe. Marked this zone on a chart. Also my indicator "Direction" showed signal to buy, so now im waiting Bitcoin around 25-29K in this range and signals to take profit on this both indicators and others.
Possible Targets
➡️After retest trend line and fundamental value line - 25000 - 29000
➡️When we touch take profit line in this ill looking to open local short
➡️Watching on FOMC rate at the beginning November and continuation local uptrend.
In December Ill expect test 20K again
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
* Look at my ideas about interesting altcoins in the related section down below ↓
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Bitcoin: Still Inside The TriangleToday you can review the technical analysis idea on a 1M linear scale chart for Bitcoin (BTCUSD).
The Bitcoin price is still in a a descending wedge pattern since the all time high. Many analysts are saying it broke the wedge upwards but from review of the chart the price is still inside with a strong chance of still breaking down forming a bear flag pattern with the break down around $18.9K. If the price breaks below that range, expect the bear flag target of $4K. If the price breaks upwards out of the wedge, there may be a good chance we may see $25K price which is the top part of the parallel channel (shown in blue on the chart). Also noted in the chart is the RSI, Stoch RSI and MACD. A move is definitely coming as we are near the end of the month.
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
BTCUSD intraday trading & back to the home ⬇︎ 24 OCT 2022BTCUSD intraday trading alert
3 steps must fulfill before entry
1. 1st breakout done
2. Retracement done
3. 2nd breakout and see you in the home ⬇︎
More info in my profile..
Good luck traders..
Bitcoin BTC: Concerns Ahead!Today you can review the technical analysis idea on a 1D linear scale chart for Bitcoin (BTCUSD).
The Bitcoin price has been forming a bear flag pattern with the break down around $18.9K. If the price breaks below that range, expect the bear flag target of $4K. This will not be a quick move in my opinion.
Also noted in the chart is the Keltner Channel and Ichimoku Cloud as well as RSI, Stoch RSI and MFI. The price has a chance to get to the top of the Keltner Channel right before the edge of the Ichimoku Cloud resistance before dropping again. The RSI looks to be coming down again and Stoch RSI is getting ready for a bearish reversal.
If price stays on the top line of the Keltner Channel and pushes through the Ichimoku Cloud, I would say there is a chance we go higher. It's not my favored opinion though.
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
BTC Short and long ideaWe saw that BTC in range the last few days and its on the verge of making a decision if it breaks resistance it will go towards 30k if it break 17.5k will come back to 14K minimum
Bitcoin BTC 3 Weeks Price PredictionOn November 8th we will have the Midterm Elections in the U.S.
I think we will see a 3 week rally ahead of the elections, followed by a sharp decline afterwards.
The small bull run should start this week!
BTC/USDT
Entry Range: $19000 - 19210
Price Target 1: $19900
Price Target 2: $20800
Price Target 3: $21950
Stop Loss: $18200
Bitcoin remains in a CHOP BOX indicated by the $ symbols - BTC Bitcoin still chopping up traders.
Those still holding the bag and others who are still trying to pick the bottom of the BTC bear cycle.
No doubt many traders are trying to accumulate more Bitcoins at these levels, however we don't feel like BTCUSD has finished clearing up some of that liquidity at recent and even older LOWS.
This chart shares our current key levels going forward and we will trade around them accordingly as more PRICE ACTION develops in the coming days and weeks.
We will continue to share our trade and chart ideas on this FREE platform if we see the interaction from the community, so PLEASE SUBSCRIBE TO SEEKINGPIPS HERE ON THIS PLATFORM.
BTC Bitcoin: Shooting Star CandlestickHello friends, today you can review the technical analysis on the Yearly chart for Bitcoin ( BTCUSD ).
Many people all around us are predicting that the crypto market will rebound and though I want to be optimistic, I have to be realistic because too many people bought crypto at high prices unlike some of these people on YouTube that bought under $500 so for them it's a different story. Simply said, be realistic about bitcoin and the markets.
1) The Bitcoin price year over year has been growing significantly with 2021 sending the price to an all time high.
2) This created a long candle wick on the yearly chart in 2021.
3) Though the price is currently hovering around $50K, it may not be as concerning, however seeing the weakness and volatility in the market (crypto, stock, commodities, and others), there is a chance that Bitcoin may close the year around $40K.
4) If the price closes around $40K, the yearly candle will form a Shooting Star Candlestick.
5) Since this is a bearish candlestick and generally indicates a trend reversal, it is very possible to see a major drop in Bitcoin price for 2022.
6) This is just an idea and there are many other factors that are involved but from historical patterns of seeing Shooting Star Candlesticks, it usually doesn't go well.
7) It's not the time to get completely negative on the markets, but it is a time to start thinking about what to do next. Be cautious.
What are your opinions on this?
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
Bitcoin- Finally break down?For 4 months now, Bitcoin is staying above 19k support.
However, looking at these past months' price action we can see that, after the 25k peak the main crypto is pressing in this support and every rally is sold.
I'm bearish as long as the price is under the recent 20.500 high and I expect a break of this support and down continuation towards 15k
Bitcoin: Near Term Support TargetsToday you can review the technical analysis idea on a 1D linear scale chart for Bitcoin ( BTCUSD ).
The chart is self explanatory. I circled a few support areas going downwards. The Keltner Channel and Fibonacci Retracement was used in this chart. I also show the RSI is at the Support line with possibility to break down. Volume does not look good.
I have been calling drops on BTC since November and December of 2021. I am more concerned than before that more drops are coming. 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
