Bitcoinusdt
(BTC) - AS SIMPLE AS THAT -Hello everyone !
Today the Black Cat Trader is analyzing BITCOIN based on a weekly chart 📈
What we can see :
- Prices took support on the 0.5 fib level during the last sell-off back in May 2021.
- Then, bounce to the 0.236 and rejected by this Fib extension which coincides with the median line of the pitchfork too..
- Finally, prices took support on the 0.382 to reach the level 0, which coincides with the intermediary upper line of the pitchfork too...
What we can expect :
- Bitcoin could take support on the median line of the pitchfork to reach the last upper line (coincidence with the 1.618 fib level too). Then, if Bitcoin breaks the last upper line of the pitchfork, the first target is 2,618 (102 811 $)
Resistance 1 : pitchfork intermediary upper line
Resistance 2 : pitchfork upper line
Support 1 : pitchfork median line
Support 2 : 0,236 fib level (50321 $)
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TP1 : 126 956 $ ( 3.618 + 1.618 )
TP2 : 151 101 $ (fib 4.618)
TP3 : 188 605 $ (fib 2.618)
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MAY THE CRYPTO BE WITH YOU GUYS (D.Y.O.R)
BTC: resistance has become supportYesterday BTC breakout the bull flag. And today we saw a small drop all the way to around 60K. We can see in the chart that previous resistance has become support. As long as it stays that way, everything will be fine. To be completely sure in this trade I want the price to exceed the previous high. That would be a confirmation of a successful breakout for me.
Bitcoin bull flag In my opinion Bitcoin is forming a bull flag. This is a bullish pattern. As with any price pattern, bull flags aren't guaranteed to brekaout as expected. But if BTC successfully breakout this bull flag, then the price target is around 85K! But in my opinion we can see before the breakout that BTC comes all the way to 56K, bounces off the support line and then breaks the bull flag. We'll see .
Bulls vs BearsHello cryptofolks
It's an eternal fight between Bulls and Bears
Who will win at the end?
We will discover it only by time
Here to potential Channel for Bitcoin bulls and bears
Bulls target is pushing price up to $73k lvl
Bears target is pulling down to $51k
I'm still bullish what about you?
DYOR (means don't use other people Ideas as oracle)
Goodluck
BTC Stochastic RSI Looking GOOD!As you can see on the daily charts BTC is currently oversold as it has found support and relief around the $58k-$59k range. Apparently, investors wanted to get a little more DIGITAL PLATINUM for less than $60k before continuing on. Pull backs will continue to occur periodically as the real Bull run finally commences.
Bitcoin sell a break setup.Bitcoin - Intraday - We look to Sell a break of 53788 (stop at 54904)
Prices have reacted from 57855.
A Doji style candle has been posted from the high.
Although the bulls are in control, the stalling positive momentum indicates a possible turnaround is possible.
50 4hour EMA is at 54200.
A break of bespoke support at 54000, and the move lower is already underway.
We are trading at overbought extremes.
Our profit targets will be 50604 and 49664
Resistance: 56000 / 57000 / 57800
Support: 54000 / 53200 / 52000
BTCUSDT , Opportunity for buying ... :D :DHello everybody
According to the previous analysis , the price exactly supported in our buy zone and went to near our target
At this time we are in upward channel and other time the price is impact to the below trendline of channel and now we can buy and take long position until the targets reach
Previous analysis :
Dont forget use stop loss and attention to money management
Good Luck
Abtin
Bitcoin sell the ATH.Bitcoin - Intraday - We look to Sell at 64798 (stop at 66006)
Price action continues to trade around the all-time highs.
Weekly pivot is at 64900.
We are trading at overbought extremes.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
Preferred trade is to sell into rallies.
Our profit targets will be 61505 and 60505
Resistance: 64800 / 66000 / 67000
Support: 63000 / 62000 / 61000
DOT/USDT IN TRIANGLE!!Currently Dot Is In A Triangle A Breakout Can Get More Upside Movement But Im Expecting Breakdown Bcz Of Fear And Greed Index. Cuurently Fear And Greed Index Reached 82 Level.
What Is Fear And Greed Index?
The Fear And Greed Index Is A Tool Used By Some Investors To Gauge The Market. It Is Based On The Premise That Excessive Fear Can Result In Stocks Trading Well Below Their Intrinsic Values While, At The Same Time, Unbridled Greed Can Result In Stocks Being Bid Up Far Above What They Should Be Worth.
Stay Blessed..
BTCUSDT UPDATEWith Bitcoin first ETF approved.
There might be a bit of manipulation from the big guys to retrace before buying up.
We might see the price get to 59850/58500 to pick up liquidity before going up.
We have a bearish rising wedge on 1hr.
If this wedge will fail, then we have to see the price move above the current supply zone around 63,000 and close above it.
We watch.
Generally, we are still bullish.
Please feel free to drop your ideas in the comment section and help like and follow.
BTC overview for next confirmationHi everyone!
The only viable way to buy bitcoin is to wait for a confirmation.
every detail is shown on the chart, but 2 scenarios for confirmations are shown either.
if an ideal confirmation happens > in scenario 1, the next wave will be full of patterns and swaps, the uptrend will last longer and higher targets will be observed, and there will be a massive buy opportunity at the bottom, but if you don't buy, it will be so hard to swing trade to the top.
if a temporary confirmation happens > in scenario 2, there will be another temporary rush from buyers to another ATH, but there will be buyer exhaustion and soon a longer downtrend will happen.
in case of any of these two scenarios, major supports are shown in the chart.
comment and share your opinions down below.