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Bitcoinusd

Bitcoin – bullish rally will continue!Hello, everyone! In my last Bitcoin analysis I told you that the rally in the corrective wave C have been finished and I opened short at $17100. But I have correctly defined only the wave 5 inside wave 3, but not the wave 5 of the entire Elliott wave cycle. I fixed this mistake and closed short trade because expect another one push to the upside. Let's take a look at the 1h time frame of the BTCUSDT chart of the WhiteBit exchange. The point where I have opened short was the wave 3 top and I was lucky to notice that when my position was in small profit to close it. I always make this mistake with the corrective wave 4. Usually I think that it should be shorter in terms of time that it is. The target area of the the wave 4 have been already reached an I decided to open long trade for the potential wave 5. Wave 5 have two possible targets - the minimal one is $17400 and the maximal is $17800. I will observe the market to close this trade in time. The strong confirmation for the end of this rally will be the divergence with Awesome oscillator. Best regards, Ivan
Long
by Skyrexio
11
BTC Daily TA Neutral BullishBTCUSD daily guidance is neutral with a bullish bias. Recommended ratio: 60% BTC, 40% Cash. * SUNDAY SCARIES WATCH . Cryptos are relatively flat with a bit of upside as we get halfway through the weekend. With no really important economic data or events happening until CPI on 12/13 and the last FFR hike on 12/14, we could see a nice little run in Equities and Cryptos this upcoming week. Key Upcoming Dates: US November PPI 830am EST 12/09; US November CPI 830am EST 12/13; Last FOMC Rate Hike Announcement of 2022 at 2pm EST 12/14; US November New Residential Construction at 830am EST 12/20; US Final Q3 GDP Estimate at 830am EST 12/22; US November PCE Index at 830am EST 12/23; UofM Consumer Sentiment Index at 10am EST 12/23. * Price is currently forming a Bull Flag pattern after breaking the previous Ascending Triangle pattern as it trends sideways with a downward tilt at $16974. Volume has been shrinking and alternating between buyer and seller dominance for the previous five sessions, this is indicative of an impending breakout or breakdown. Parabolic SAR flips bullish at $17180, this margin is bullish. RSI is currently trending up at 48 after forming a soft trough at 46, the next resistance is the upper trendline of the descending channel from January 2021 at ~58. Stochastic remains bearish and is currently trending up slightly at 88 as it attempts to form a bullish crossover at 92, it's barely clinging on to the 'bullish autobahn zone' (above 90). MACD remains bullish and is currently testing -232 minor resistance. ADX is currently trending down at 37 as Price is trending sideways, this is neutral at the moment. If Price is able to push up from here then it will likely test the 50MA at ~$18300 as resistance . However, if Price breaks down here, it will likely retest the uptrend line from March 2017 at $15800 as support . Mental Stop Loss: (two consecutive closes below) $16600.
COINBASE:BTCUSD
by dailytaguy
Bitcoin Analysis 02.12.2022Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. I will personally reply to every single comment! If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel. Thank you for watching and I will see you tomorrow!
by basictradingtv
4
BTC - What December Holds HistoricallyHi Traders, Investors and Speculators 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫 In today's analysis, we take a look at Bitcoin over Decembers from the past. Which direction does the price usually go, bullish or bearish ? It's no surprise that it seems to be a near equal amount of months up vs. down. Over the 11 months observed, we notice 6 green Decembers and 5 red Decembers. This makes probability near equal. However, we could take a look at a few other interesting observations: 💭 Highest increase for Bitcoin was +58.92% when the lowest decline was only -33.15% 💭 More often than not, two months of the same color follow 💭 The biggest yearly increase was during December 2012 - December 2013 with a whopping yearly increase of 9,899.19% 💭 The second biggest increase after that was from Dec 2016 - Dec 2017 with +2,681.15% 💭 The biggest yearly decline was from December 2017 - December 2018 with BTCUSD losing -84% The crypto winter that started in December 2018 was one of the worst yet... But with the industry under pressure, could this year be the new record? IF BTCUSDT were to drop to $11 000, that would be a -81% decline from last December. From all the above... Which way do you think the price will go during December 2022 ? _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck
BITSTAMP:BTCUSD
by CryptoCheck-
41
Bitcoin is about to crash!Hello, everyone! As I mentioned in my last analysis the correction was not over and I am waiting for the wave C to $17600. Today we saw this pump and I suppose that it’s about to the end. Let’s take a look at the 4h time frame of the BTCUSDT chart of the WhiteBit exchange. The Bitcoin price found support exactly as was predicted at the 0.61 Fibonacci retracement. Wave B have been ended and the wave C started there. Now I can see that wave C could be close to it’s finish because of internal waves structure. Now the price is printing the wave 5 inside wave C. According to the liquidity zones analysis we can notice very strong one above $17300. I suppose that the market maker will collect this liqudity before the new deep dive. I have already opened short position at $16800 and will enhance it at the $17200 and $17500. Take profit is below $14k. Best regards, Ivan
Short
by Skyrexio
23
BITCOIN ABOUT TO BOUNCE TO 17KHallo this is my first idea on Trading View. (Reupload) have an issue before so i reupload this. I'm not gonna explain the detail cause i'm not good at explaining things in english but i'll give you an idea that may help you doing analysis from another perspective. Let's start it >> Scene 1 : if Bitcoin have a good close bellow 16100 in 1 hour time frame, it's quite likely that we go down to the support area and if we bounce and close above support area we can targeting on 17000. Scene 2 : if Bitcoin close above the mid channel in 1 hour time frame (green small elipse) or you can also use MA, it's possibly we can go slowly upside to 17200. If you want more please comment and support by boost my idea. !! This is not financial advise, this is only an idea. Always becareful and keep on your own analysis. ThankYou ~ Sinn 28/11/"22 23:00
Long
by mrsinn
2
Bitcoin – fake pump ahead!Hello, everyone! Last time I considered the ABC correction for the Bitcoin and thought that wave B is going to be represented as the triangle correction, but it looks like now that price decided to print the irregular correction. It’s about to end, hence we have the nice long trade opportunity. Let’s take a look at the 1h time frame of the BTCUSDT chart of the WhiteBit exchange. If we look in detailes inside the wave B we can notice that it consists of ABC correction also. Wave A has abc 3 waves structure – it is the early sign of the irregular corretcion. In this case everything what we need is to count the 5 waves inside wave C and enter the position next to target zone. Target zone have been reached – Fibonacci retracement 0.618, but we have to wait for another one leg down – wave 5. After that I anticipate the push to the $17800. Let’s see! Best regards, Ivan
Long
by Skyrexio
12
BTC short-term sell positionThis is a probable short position. although. This Idea contains NOT all the facts and clues, and it's just for warning. so make sure you're doing your own analysis for opening the position. And, here in this zone, Stop-loss is the most importatn thing ever. as you know our previous idea is about a long term buy position. so we're simultaniously in a short term sell position and a long term buy position. so.. you know. you have to manage your risk in short term, and accumulate in long term. leave your comments down below
Short
by Finnovin
3
BTC Daily TA Neutral BullishBTCUSD daily guidance is neutral with a bullish bias. Recommended ratio: 55% BTC, 45% Cash. * SUNDAY SCARIES WATCH . Cryptos are mixed today after numerous Altcoins like DOGE, REN (on rumors of Binance acquisition) and LINK rallied to start the weekend. Billionaire hedge fund manager Bill Ackman reiterated his support for Cryptos and their underlying technology . Yesterday, Vitalik Buterin transferred 40k ETH ($48m) to an unknown wallet and Justin Sun cashed out $58m worth of ETH for unknown reasons . Ukraine is still trying to restore power to major cities while Russia continues to fire missiles onto critical infrastructure. Even with this going on, Ukraine managed to host a summit in Kyiv to promote their "Grain from Ukraine" initiative which will strive to send 60 vessels full of grain exports to countries currently most vulnerable to famine and drought (including Ethiopia, Sudan, South Sudan, Somalia and Yemen). Chinese citizens continue to protest the Covid lockdowns in cities like Urumqi where the lockdowns are ironically contributing to deaths , and this morning officials in Urumqi announced that they will begin to phase out restrictions in "low-risk areas". This is after China reported a third consecutive daily record for new Covid cases . In lighter news, Ben Armstrong is in the Bahamas with intentions of interviewing SBF lol . Key Upcoming Dates: US Consumer Confidence Index at 10am EST 11/29; 2nd BEA Estimate of US Q3 GDP at 830am EST 11/30; Fed Chair Jerome Powell speech at Brookings Institute at 130pm EST 11/30; Beige Book at 2pm EST 11/30; October PCE Index at 830am EST 12/01; November Employment Situation at 830am EST 12/02; Last FOMC Rate Hike Announcement of 2022 at 2pm EST 12/14 .* Price is currently trending sideways at ~$16450 as it continues to hover above the uptrend line from March 2017 (~$15600) for a fifth consecutive session. Volume continues to shrink for a sixth consecutive session which is indicative of an impending breakout/breakdown and is on track to favor sellers for a third consecutive session if it closes today's session in the red. Parabolic SAR flips bullish at $17900, this is mildly bullish at the moment. RSI is currently trending sideways at 39, the next resistance is at 42.41. Stochastic remains bearish and is currently trending down at 90 as it approaches a test of 88.29 support. MACD remains bullish and is currently trending up at -705, the next resistance (minor) is at -232. ADX is currently trending sideways at 45 as Price continues to trend sideways as well, this is neutral at the moment. If Price is able to breakout here then it will likely test the 50MA at ~$18670 as resistance . However, if Price breaks down here, it will likely retest the uptrend line from March 2017 at ~$15600 as support . Mental Stop Loss: (one close below) $15600 .
COINBASE:BTCUSD
by dailytaguy
2