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Bitcointrading

Minor setback before Bitcoin try's again?Hi traders. Thanks for tuning in for today's video update. Bitcoin took a tumble overnight, but price continues to hold above its base support for now. Whether or not you value trendlines, it's funny how they sometimes line up. In today's analysis, there's a perfect touch to the longer-term downtrend that continues to form a descending triangle pattern with a strong support base at 18,600. For us, this base is very important at this point. A break lower, and we could see a new continuation/extension lower. If buyers can continue to hold above and form a new HL and test/break this week's high, this could be a new breakout/continuation higher, maintaining the current up leg. We are looking for option two to pan out, but that's only if the support base can continue to hold. We love to hear your feedback, so feel free to drop us a comment with your thoughts on Bitcoin at the moment. Enjoy your Wednesday, and good trading.
EIGHTCAP:BTCUSDLong
by Eightcap
2
💰BITCOIN analysis in 4-hour time🔥🔰You'll see Bitcoin analysis in a four-hour time frame (BTCUSDT _4H)🔍💣 💥The downtrend line in the four-hour time frame is marked in black🖤. The price is climbing from the demand zone❗🧐If it can break the downtrend line🖤 upwards, it can experience an uptrend to the supply zone❗🔺 but if it can't break the downtrend line🖤 upwards, it's likely to have a falling supply zone❗🔻 which direction will the price go to the GREEN💚 side or the RED❤️ side❓❓ I hope the analysis was useful for you🤍🌹 📌Please introduce the channel to your friends 🙏🏻 ____________📈TRADER STREET📉_______________
by TRADER_STREET
4
BTC forming a bottomThere is a chance that BTC is finally forming a bottom here. We have the characteristics of a double bottom in place here. The volume is expanding on the last move up after a selling climax on the first bottom and selling volume shrinking on the second bottom. This formation is a textbook Eve and Eve formation. It is the most reliable among the double bottom with very low failure rates. Traders will need to be patient and buy a valid breakout. So fasten your seatbelt, because either way it will be a rocky road. FOLLOW ME, SHARE, LIKE AND COMMENT.
Long
by CFcryptoTA
Bitcoin BTC Bearish SentimentSeptember has major catalysts for the crypto market as well as for the stock market. The Ethereum merge on September 6th, that will end on Sept 20, the inflation report on September 13 and the next FOMC meeting afterwards with the new interest rates hike. That is reflected in the crypto space in general as a bearish outlook. Bitcoin BTC has a negative overall sentiment recently. I have the following price targets: BTC/USDT short Entry Range: $19800 - 21000 Price Target 1: $19100 Price Target 2: $18550 Price Target 3: $17900 Stop Loss: $22100
Short
by BuySellMarketMaker
BTC Bitcoin bearish sentiment September has major catalysts for the crypto market as well as for the stock market. The Ethereum merge on September 6th, that will end on Sept 20, the inflation report on September 13 and the next FOMC meeting afterwards with the new interest rates hike. That is reflected in the crypto space in general as a bearish outlook. BTC Bitcoin has a negative overall sentiment recently. I have the following price targets: BTC/USDT short Entry Range: $19800 - 21000 Price Target 1: $19100 Price Target 2: $18550 Price Target 3: $17900 Stop Loss: $22100
Short
by BuySellMarketMaker
Bitcoin forecast and IdeaAfter the price correction and return to the Resistance Zone, we enter the short trade for the second drop to the Fibonacci range of 2 or 1.805 Entering the short trade, after the pull-back from Resistance Zone and confirmation of the price falling.( Around $20240 price ) Bitcoin and BTCUSD tradring --------------------------------------------------------- Please write any advice or suggestions. Dear friends, request any cryptocurrency pair, currencies pair for forex, and any index that you want to be analyzed and ask any questions. Thanks for your attention
Short
by Arash-RK
Bitcoin BTC: 1D Chart UpdateHello friends, today you can review the technical analysis idea on a 1D linear scale chart for Bitcoin (BTCUSD). The Bitcoin price has fallen out of the rising channel and now headed lower. The two targets are shown in the charts as well as my thoughts on other indicators and oscillators. Read the chart carefully. Included: Fibonacci Retracement, RSI, MACD, Ichimoku Cloud, and Keltner Channel. 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
BITSTAMP:BTCUSD
by MillionaireEconomics
8
Bitcoin forecast| signal updateAs mentioned in the previous Bitcoin forecast ( yesterday BTCUSDT ), after breaking the Uptrand channel (at the point I have shown), the price fells to the $20,000 price range. After a return and pull-back to the price range of $20,500 and $20,900, we see the continuation of the downtrend to the historical price, and the resistance zone of $19,000.(this pull-back and fall again takes about 2 or 3 days) After that, the price falls again to the important and strong resistance of $17,500. My forecast is that it will swing between the prices of $17,500 and $19,500 in a horizontal and neutral channel for a while. and my second forecast and possibility is a quick drop and a hit at the price of 10,000. (It is a weak possibility, but not so far ) this is my longterm forecast for Bitcoin or BTCUSD --------------------------------------------------------- Dear Traders Please write any advice or suggestions. Dear friends, request any cryptocurrency pair, currencies pair for forex, and any index that you want to be analyzed and ask any questions. Thanks for your attention
Short
by Arash-RK
2
Bitcoin: 1D Chart ReviewHello friends, today you can review the technical analysis idea on a 1D linear scale chart for Bitcoin (BTCUSD). Bitcoin price is currently inside a rising channel. The chart shows a variety of signals with potential for upward movement around the resistance areas at the center of the Keltner Channel (KC) which is in confluence with the Ichimoku Cloud resistance and Fib levels as noted in the chart. A major concern is Volume is weak. More notes inside the chart. Also Included: Fibonacci Retracement, RSI, MFI, MACD, Stochastic RSI, Ichimoku Cloud, and VPVR. 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
BITSTAMP:BTCUSD
by MillionaireEconomics
2
BTC Analysis- Early August I am a beginner trader using a demo account so please take this with a huge grain of salt, and feel free to offer corrections. ***I am a beginner and this is my first post*** I'm predicting continuation of this local downward trend, then some kind of action nearing the area around 21700-21600ish (as this is a previous point of resistance for the first two waves in the channel). The downward trend should continue into the weekend. I think it's safe to take various short positions until we near closer and closer to that previous resistance area (indicated with a horizontal green line). We seem to have already broken the mid-line of the channel. Long term (into September, rest of fall) I'm thinking that BTC will turn back to a bearish market. I'll look at making a writeup on a longer time frame for this. Until the channel is broken in the downward direction, I'll assume that overall we are in an uptrend, and plan for trades strictly within the channel.
Short
by fluffystat
1