Bitcointrading
BTCUSDT 15 Min Chart Demand & Supply Zones#Bitcoin #BTC 15 Min chart Demand and Supply Levels.
Bullish Supply Range ( Go Long) - USD 19,550- to USD 19,774-
(Blue Circle in Image)
Bearish Supply Range ( Go Short) - USD 20,200- to USD 20,500/-
(Red Circle in Image)
#bitcoin #btc #cryptocurrency #crypto
Current Status - Movement Towards Bull Run.
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
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
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
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Dear friends, request any cryptocurrency pair, currencies pair for forex, and any index that you want to be analyzed and ask any questions.
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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
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
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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
BTC Bitcoin Bearish Flag Chart PatternAfter BTC Bitcoin reached our price target from the previews chart:
Now i am looking at the last Bearish Flag Chart Pattern movement to see if we can have a similar one this time.
A 28% retracement identical to the last one will send us to the $16330 area.
Looking forward to read your opinion about it.
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
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.
Bitcoin (BTC) formed bullish Shark for upto 19.50% moveHi friends, hope you are well and welcome to the new trade setup of Bitcoin (BTC)
On a daily time frame, Bitcoin has formed a bullish Shark pattern.
Buy between: $21153 to $20183
Sell between: $22104 to $24135
Stop loss:
Below: $20183
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of 19.50%, and a loss possibility upto 5%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
BTC going down to $19200 in seven days! It appears that rising wedge pattern is appearing on BTC daily chart and there are highly chance that we can see some decline in immediate future; probably early next week!
If the pattern breaks out and BTC start declining I assume first target will be $21800 where we can see some sideways movement. If BTC will break down this level and start falling down, it can go up to $19200.
Another possible scenario here is BTC will touch bottom support line and start going up to touch upper resistance line. If this scenario will playout, it can reach to $25900-$26000 in a week or so.
What do you think that what will happen? BTC will go down to $19200 in next week or two?