Bitcoinusdt
BTCUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the weekly time frame. You see that the price was rejected from the R3 resistance. You can see the yellow line which was our weekly resistance, now acting as the support, which is broken. There is also the S3 line which can be a good area for supporting the price. In the daily time frame you can see the R1 line which the price has broken and also made its pullback. If it goes up, the next target would be $46K. It will do three things there: 1) It will go to $46K, make a pulllback, and then fall more. 2)It will break the resistance and go up. 3) It will range there and then come back to the S3 line. There is also another thing and that is the price has made its pullback to the weekly resistance which is now acting as the support. If this line holds the price up, then we can say that it is very likely for the price to move up to the R2 line.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
Bitcoin Analysis: 25K on the way?!Bitcoin is now trading at $43K which is an important support for BTC to bounce back up. I expect it to make a bounce up to $52 - 53K so after rejection at this level the right shoulder of a clear head and shoulders pattern will be formed and then after losing $47K and $43K key support levels the H&S will play out and dump the price to $25K which will make the "e" (or "c" in another view) wave of the broadening channel based on Elliott's wave count. In the next phase I expect the price to recover very fast up to $47K from the dip and after a consolidation under the resistance at $52K for a couple of weeks it breaks out of the resistance and the bull-run continues to new all-time highs.
This analysis will be updated. Thanks for your attention
BTC Bitcoin Buy Opportunity AreaI consider Bitcoin to be in a short time Window of Opportunity area!
It entered the oversold territory from which it bounced strong in other occasions.
From a technical analysis perspective, in this Gap from 43K to 41K support it seems like a great opportunity to buy the dip in Bitcoin.
Looking forward to read your opinion about it!
Bitcoin sell into to the 4H 50 EMA.Bitcoin - Intraday - We look to Sell at 47239 (stop at 47741)
Daily signals are bearish.
Rallies continue to attract sellers.
Short term bias is bearish.
We look for a temporary move higher.
50 4hour EMA is at 47250.
Preferred trade is to sell into rallies.
Our profit targets will be 45809 and 45109
Resistance: 46500 / 47000 / 47500
Support: 46000 / 45700 / 45000
BTCUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. Bitcoin is stuck in a tough spot and is ranging above the S2 line. It tried to break the resistance zone several times but was not able. Yet it has been supported in the S2 line. We need to wait and see if the price can stabilize above the resistance zone or not. If it does we can set a buy order. If it comes down to the S2 line, we need to wait for the price to be supported there so that we can set a buy order. If the S2 line is also broken then we will have more falling.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
Bitcoin sell into a rally.Bitcoin - Intraday - We look to Sell at 47448 (stop at 47911)
Daily signals are bearish.
Rallies continue to attract sellers.
50 4hour EMA is at 47520.
Bespoke resistance is located at 47500.
Preferred trade is to sell into rallies.
Our profit targets will be 46148 and 45348
Resistance: 47500 / 48000 / 48600
Support: 46800 / 46300 / 45700
BTC Sell the descending triangle.Bitcoin - Intraday - We look to Sell at 49099 (stop at 50001)
Daily signals are bearish.
Trades with a bearish descending triangle formation.
The bias is to break to the downside.
Trend line resistance is located at 49100.
Preferred trade is to sell into rallies.
Our profit targets will be 46712 and 45912
Resistance: 47800 / 48800 / 49800
Support: 46500 / 45750 / 45000
BTC Buy a break setup.Bitcoin - Intraday - We look to Buy a break of 48202 (stop at 47648)
The previous swing high is located at 48160.
A break of 48200 is needed to confirm follow through bullish momentum.
We are trading at oversold extremes.
The medium term bias remains bullish.
Expect trading to remain mixed and volatile.
Our profit targets will be 49744 and 50544
Resistance: 47500 / 48200 / 49500
Support: 46500 / 45600 / 45000
BTCUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the weekly time frame. You can see that the price is fluctuating above the weekly resistance which is now acting as the support. Let’s go into the daily time frame and see what is happening. You can see that the price has hit our R1 line and made a pullback to S2. If the price stays above S2, we can expect it to go up to R1 and this time break R1. But if it is not able to break R1 we expect it to fall further. You can see in the 4-hour time frame that the price has hit our resistance line and is now ranging around it. If the price is able to break it, we expect it to move toward R1. There is also the possibility for it to hit S2 and then go toward the R1 line. We expect it to have some pump and dump in the coming days. We need to wait and see whether the breakout is from the above or from the bottom but from the above is more likely. We need to wait and see if the price can break R1 to move toward its next target which is R2. If R2 is also broken, the price can gradually touch the top of the channel which is $82650.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
BTCUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
As we predicted in our previous analysis, the price has hit the R1 line and has made its pullback. Thee are 3 lines converging on the way of the price down which are the first support lines. These support lines are very likely to hold the price where the yellow line is the weekly support along with the other two lines. We predict that the price will hit this support and continue going up. However, if this support does not hold, the next support for the price is S3 which can push the price back up. If it goes even below S3 then we will have more falling.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
Bitcoin story + several bullish patterns Hi wizards,
So, you see, there is a lot of noise lately. Probably created by FED + ECB decisions / dollar strenght / fear of disease, so on and so on.
Furthermore, the sentiment was "Bitcoin to 100K before the yearly sunrise" / "We (bitcoiners) are the aristocrats of the new world" etc etc.
In the meanwhile:
Julia, please not now, I can't take this shhh, bitcoin is falling, there will be no gifts this year ..
Thomas! That's out of the question! What do you mean no gifts? Just sell some of that worthless .. what the hell do you call it anyway?
It's money Julia, Money .. but different then fiat
Fiat? Are you delusional? We drive mercedes! And if it is Money, why don't you buy some gifts with it Thomas?
Because Julia, if we use it now then we might miss out .. Oh never mind! What do you want?
Thank you Thomas, let's go shopping and find some gifts .. I found a very nice store where we can ..
Thomas dear .. ?
..
Thomas?
..
Are you behind those screens again!!
--
Not now Julia, Bitcoin just broke the trendline!!
That's noise. It exist in the mind. A part of it is unconscious. And will remain unconscious. That's why it is called unconscious.
All we can do is connect the dots to determine what is in the subconscious, then use that non-tangible data to make a decision. Which remains a guess.
Hacking the inner world of the individual and thereby the masses. What could be more interesting .. But first, know thyself. Second, determine your basic modus operandi. Third, change, if necessary, the modus operandi in what's most beneficial. Fourth, understand that the real value is in the process not the result.
Back to basics. Target 53K, second 58K, and end target 89K .. for now. Short iterations are more effectively then long term planning. However, not too short .. because machines are smarter.
But not wiser,
Right?
Or are they ..
Thomas .. ?
Thomas ..!
Btc update : What's next ?Hey guys, today I'm going to share with you my view on Bitcoins next move
As shown in the Bitcoin chart ,
it has been in a downtrend since November 10, and it has started forming a lower low and lower high , and this is a bearich sign .
i have 2 possibitlity in my mind
first one :
the bitcoin will break the black trendline , and the target will be the red zone, and then we will see how Bitcoin react with the $52k area
seconde one :
if the Bitcoin does not break the black trendline we will go to 40k , I am waiting for the candles, how it will react with the trend, and I will make a decision either to buy or sell .
i hope you like my analysis , D'ont forget to follow me for more ideas
BTCUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the 4-hour time frame. As you can see the price is moving inside a bearish channel which can also be a Flag pattern. If the price is able to break its first resistance line and go toward its second resistance, after a pullback it can continue its uptrend toward the third resistance. But if it is not able to break its first resistance and stabilize above it, we can expect it to fall down to the first support line.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
BTC/USDT ChartHi, before I start to talk about BTC and charts I would aprecciate if you could follow, like and give your thoughts about the idea. I did a little break (things got preety bad while I was gone), but for now on I will start to post way more frequently.
BTC broke the 53K support, and recently dropped to 47k. A drop to the 45k area might be a probable scenario since the coin is facing multiple bearish retests. If bitcoin breaks the 51k area in a daily close a pull back to 53k is the most probable scenario. OBV isn't looking so great, and despite having a RSI that shows that the market is undervalued, it seems that investors are looking to see the next BTC move before entering a position.
Comment what you think about the idea.
BITCOIN: LAST SUPPORT AREA + HEAD AND SHOULDERS PATTERN.Bitcoin seems still in bearish scenario as you can see at Timeframe 4 Hour, show head and shoulders pattern (bearish) and bitcoin failed to break EMA 200 at Timeframe 1 Day.
The last support area around 39812 - 41183 price. You can take short position and take profit there with stop loss around 49355.
Watch your money management and do your own research before trading.
If break it will be bearish season.
Look my previous ideas here:
note: only take position after confirmation and do your own research before trading.
Bitcoin - 2 insane patterns!Hello, everyone!
Now it looks like the bull run is over, the Bitcoin price has been falling down for a long time. But I found 2 crazy patterns which can give us a hope that final bull cycle wave is going to play out.
Pattern 1 – Wyckoff Reaccumulation
This theory is well known for me, I often use it in my trades. On the left side of the pic above you can see this Wyckoff reaccumulation pattern. As I said in the previous articles, I expect the sideways movement for some time because whales is going to accumulate their positions. It coincides with the fundamental Wyckoff theory.
Pattern 2 – Three Rising Valleys
I found this price pattern recently, but it has ideal explanation of the current Bitcoin price formation. You can notice that this pattern is not contradicts the previous one. The target for it is $80000 in this cycle!