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Bitcointrading

Bitcoin Analyze (Double Zigzag Correction)!!!(Update)Bitcoin is making Double Zigzag Correction in Main wave Y. Also, Bitcoin has a chance for making a Head and Shoulder pattern. Bitcoin Analyze ( BTCUSDT ) Timeframe 12H⏰(Log Scale) 🔅 When Bitcoin breaks the Support Zone(Necking line of Head and Shoulder Pattern), then we can verify the end of microwave 2. Where is the end of Bitcoin Correction (Main wave A)❗️❓ 🎯Target 🎯: 16200$ until 14980$ Do not forget to put Stop loss for your positions (For every position that you want to open). Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe
Short
by pejman_zwin
34
Bitcoin Analyze (Head and Shoulder Pattern/Timeframe 15min)!!!Bitcoin made a Head and Shoulder Pattern on the Heavy Resistance zone, which can signify the end of the bullish rally we saw these days. In addition, still, we don't hear the good news in cryptocurrency markets ( DXY is bullish, the Stock market is on the correction, the Cryptocurrency market is still in the shock of LUNA, and War is still running (unfortunately), Covid is growing up again, etc.). Also, Bitcoin can make The Fan Principle Patten. 🔆Fan Principle Patten: This is a very interesting use of the Trend Line-The Fan Principle. This happens when the market is very volatile. In this principle, a trend line is broken and takes resistance at retracement in the uptrend. And the trend line is broken and takes support at retracement in the downtrend. Now a new trend line is formed and these things to continue and another new trend line is formed and repeats this process three times and now the trend is changed. This is an overview of the fan principle Pattern. Fundamental News: Tesla has just sold $936 Million worth of their crypto assets, most of which were made up of Bitcoin. 🔴Heavy Resistance Zone🔴: 24100$ to 2302$ Head and Shoulder Pattern's Target🎯: Around 21580$ ❗️Note❗️: If Bitcoin can break the Heavy Resistance zone, the Scenario will change (Low possible). Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy , this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
16
BTC: Bear Flag Formation In ProcessHello friends, today you can review the technical analysis idea on a 1D linear scale chart for Bitcoin (BTCUSD). Bitcoin price is currently inside a channel with a bear flag pattern. The measured move of this pattern touches a long-term support area. The Fibonacci Retracement shows the Golden Ratio (1.618) around $3.3K. Price has a strong possibility to come down to the $3K-7K range based on this scenario. Volume will be key for any major move. If the BTC price breaks above the channel moving higher, the bear flag pattern may be invalidated. Be careful of traps along the way. Please be aware that this may take days or months to reach the target so have patience! Also shown in the chart is Ichimoku Cloud, Volume, RSI, Stoch RSI, MACD, MFI. 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 Support Looking Good at $20kContinuing on the idea I initially published on 6/22, $20K is increasingly looking like support for BTC. Look at the series of higher highs and lower lows that have been recently occurring on the 4H chart. In my previous entry I scaled in at $20k and sold at $21.5k. I'm looking to make a similar move now that BTC has reverted back to this support level again. As mentioned before, the macro environment is still rough and it is wholly possible that we break below $20k. My next level of entry to scale in further will be $18k. However at this point I have no stop losses set below $20k.
COINBASE:BTCUSD
by HomeRunFatPitch
Bitcoin Analyze (Counting Waves /Timeframe 15min)!!! (Update)All my previous Ideas run well ✅ It seems that Bitcoin passed main wave 1 and is now on the way to completing main wave 2. Do not forget to put Stop loss for your positions (For every position that you want to open). Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe
Long
by pejman_zwin
14
Symmetrical Triangle breakdown can take Bitcoin price to $17,000Bitcoin price was unable to hold the support line & printed a low $19,221 yesterday. A clear breakdown & retest of symmetrical triangle can be seen on the chart. Previously, on June 4th a breakout & retest was witnessed & then price rallied all the way up & met the target of 17%. This time the distance of symmetrical triangle is 11.54%. If it follows the same pattern then price call fall till $17,094. This structure will be invalidated if 4H candle of BTC closes above $20,080. Today, CPI reprot will be released. Market ca be highly volatile. Overall, chart looks bearish.
BShort
by tradetogether90
BTC Bear Flag Pennant In ProcessHello friends, today you can review the technical analysis idea on a 1D linear scale chart for Bitcoin (BTCUSD). Bitcoin price is currently inside a pennant pattern with a bear flag formation so ultimately a Bear Flag Pennant. The measured move of this pattern touches a long-term support line around $7K. The Fibonacci Retracement shows the Golden Ratio (1.618) around $3.3K. Price has a strong possibility to come down to the $3K-7K range based on this scenario. Please be aware that this may take days or months to reach the target so have patience! Also shown in the chart is Ichimoku Cloud, Volume, RSI, Stoch RSI, MACD, MFI. 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:BTCUSDShort
by MillionaireEconomics
12
Bitcoin Roadmap 2022 - What to expect for the bottom reversal This is an untouched line model of each Bull Run complied together and matched up at the peak before falling towards the Bear bottom. I did not fit it together to look nice, and I did not change the angles. It's genuine and undeniable. This is the form that I extracted the 3 line structure used on top of each bull run. The strange confluence that was found is the following: For the latest bull run - When you take the 3 line structure and duplicate it, then lay it over itself at the second bar down, it fits PERFECTLY TO the current price movement/percentages/time. This shows to me that we have an evolving dynamic as we grow into higher prices on a logarithmic chart. What may look strange to the eye is actually exactly the same structure from the past 2 bull runs. One odd detail to note that I am still not completely understanding of is the fact that there seams to be a what I call a "ghost peak" that would have existed around $109,000 that was never met (but expected by many) that fits in perfectly to this structure as well! Although the actual calculations are done from the November price top and fits perfectly to the rest of the structure mathematically. There is much more to be understood and discovered about this chart so please contact me if you'd like to add some ideas or collaborate. I expect us to hit the bottom blue line at around $12,780 at least as a candle closing target on this 10D chart, as well as the possibility of going down to touch the $10,000 mark. Please note there are many more aspects of FIB levels and average time/percentage calculations and moving averages that have been hidden in the background that show amazing confluence. Note: If you scroll below the chart there are some distance lines regarding the halving cycles etc.. This chart is missing many aspects of it's original creation for ease of viewing..
INDEX:BTCUSD
by WillTMoney
2
BTC Bitcoin: Headed Much LowerHello friends, today you can review the technical analysis idea on a 1D linear scale chart for Bitcoin (BTCUSD). Bitcoin price is currently inside a pennant pattern with a bear flag formation so ultimately a Bear Flag Pennant. The measured move of this pattern touches a long-term support line around $7K. The Fibonacci Retracement shows the Golden Ratio (1.618) around $3.3K. Price has a strong possibility to come down to the $3K-7K range based on this scenario. Please be aware that this may take days or months to reach the target so have patience! 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