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Bitcoinusdt

Bitcoin BTC/USDTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice. Chart timeframe is on the weekly. You can take a look at my previous weekly btc or daily chart. The info is pretty much the same, however on this chart I am zooming out even further for you. The chart on the daily for my previous chart is wrong though, I did not use the full data given to me with that chart. On this BLX chart I have the full data. On the daily I had the bottom marked around 20k and weekly I have it marked around 12k. Regardless of where I have the bottom marked, I will claim both of those charts to be off since I do not have the full data. On this chart I have data going back to 2010 giving me a more accurate wave count. Wave 1-5 on the smaller cycle took us about 11 years. I am expecting wave 3 to go a bit longer, about 12 years. Currently we've finished wave 2 or we're finishing it. Either the bottom is in at -77% or we have one last leg down to 12k, being -81%. Wave 3 price target is 180k (no moonshot). A long position from today's price your R/R ratio: 12.52 Possible upside: 636% Possible downside: -50% A long position from 12k your R/R ratio: 120.33 Possible upside: 1241% Possible downside: -10% I'd like to say none, we might wick a bit lower, but personally I would claim this to be the bottom and not use any stop losses. I will dive a bit deeper into this chart below so I don't make this chart too sloppy.
BNC:BLX
by AyoKu
2
24200USD Was The Top, Here's whyI've been bearish on Bitcoin since 22500USD. Now that the price is breaking through structure, I'm convinced that Bitcoin has reached its local high. Why is the top in? The price went up for 34 days, which on average is half of a whole Bitcoin daily cycle. If we're lucky, the top will fall in the right half of the cycle, but this is too early to tell. We must wait until the end of February. Secondly, we're seeing a daily bearish divergence on the rsi. This also happened at the first top at 65k. Lastly, If you zoom into the hourly chart, youi'll notice that Bitcoin broke out of its rising channel, which is the structure i talked about in the first paragraph.
COINBASE:BTCUSDShort
by FetchTeam
The Bull market for Bitcoin has been confirmedI am so overwhelmingly optimistic that I incessantly evaluate my emotions to ensure that my viewpoint is not erroneous. But how unrealistic is this when #Bitcoin is on the verge of closing its weekly candle at this current price level? We have breached the triangle and the 0.382 Fibonacci level. In recent days, Bitcoin has also established support at the 0.382 Fib level. Bollinger Bands are contracting, indicating an imminent explosive breakout. In my opinion, we can begin preparing to revisit the $35,000 price level in the upcoming weeks. That is the next resistance point, specifically the 0.236 Fib retracement. Furthermore, the outlook on the monthly timeframe is highly favorable, which is in the process of closing within the next few days. Wishing you all a thriving bull market, my fellow Bitcoiners. Bull confirmed.
BITSTAMP:BTCUSDLong
by joerivdpol
BTC Status🧐As you can see on this time frame we have a bullish trend at 3 ascending waves from 28Nov till 1Dec and after that, we can see the price near the primary resistance zone is building a falling wedge pattern, this pattern can send the price up but I don't like to see this pattern bottom of the resistance zone !! I want to see this pattern above the support zone, so I don't care about this pattern. so if we consider that 3 waves are one ascending wave at the upper time frame we need 1 correction wave for that and that price is 16500 this is my opinion what is yours? if the price break the resistance zone this analysis become fails.
by zZzArmiazZz
1
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 target 20300Bitcoin MARKET UPDATE Bitcoin support levels - $16,600 and $16,300 strong Support Bitcoin resistance - $17,000 and $17500 strong resistance ——————————————————————— Analysis - BTC Support is at $16,600 and next Support is at $16,300. Resistance is at $17,000 and next resistance is at $17,500. Trade carefully and manage your risk according to mentioned support and resistance levels. BTC closed its daily candle green at $16,442. Looking at 1 hour timeframe, BTC was able to break out its $16,600 resistance with high volume and turned it into support. Currently BTC is trading around its resistance area $17,000.
Long
by Waqar212
2
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