Bitcoinusdt
Daily Bullish Divergence shouldn't be ignored. Bullish Scenario
This Bullish Daily Divergence gives me confidence that we could be making a push to the upside from the orange triangle above. We could trade the breakout with a tight stop loss of 1%-2%. We seem to have been testing the 21 EMA(white) as resistance for this whole month now, it seems we might make another push to break above it. If breakout is successful, I will have take profit at around 40k where we have resistance.
Bearish Scenario
We get rejected from 21 EMA / top orange trendline, and will either have a chance to make a Higher Low which has potential to become bullish or we head down to test bottom trendline of triangle.
4 Hour Chart
BTC is currently ranging inside this descending wedge. This is what my breakout trade would look like.
1 Week Chart
We could make a push up to test 21 Weekly EMA (white) as it lines up with our resistance area of 40k.
Bitcoin Decreasing Triangle!!! in 30 MINHow much will the price of bitcoin decrease?
This range is very sensitive. Bitcoin may experience a heavy drop. Although the validity of the patterns in the lower timeframes is low, but this move is a little thought-provoking. If the range (A) Bitcoin fails, it will experience an 8% decrease at best.
Bitcoin | 37k might be just around the corner.it's doing a pullback now at the $34k price, the support on this level is holding the price, the volume of sell is below the previously one, (yesterday) which means that it has no force to push down, might happen a re-test at 36k again and could broke the last top.
it's all probabilities, but imo could happen +$37k
BTCUSDT Next Target $40,000?BTCUSDT(4H CHART) Technical Analysis Update
Resistance Breakout
BTC /USDT currently trading at $35100
Buy-level: $34700- $35000
Stop loss: Below $33500
Target 1: $36,500
Target 2: $38,300
Target 3: $40,000
Max Leverage: 4X
ALWAYS KEEP STOP LOSS...
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Bitcoin sell the resistance.BTCUSD - Intraday - We look to Sell at 36383 (stop at 37505)
Daily signals are bearish. 20 1day EMA is at 36500.
The overnight dip was bought into and follow through upward pressure was noted.
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 33609 and 32609
Resistance: 35000 / 36500 / 37500
Support: 34000 / 33000 / 32000
Bitcoin Forming Double Bottom Pattern! BTCUSDT The title explains itself, as you can see, the chart already made the first bottom, we're currently waiting for the second bottom to happen, after the second bottom forms, we could see a potentiel breach at the neckline, after the neckline is breached, we need to see some buying pressure to confirm our entry!
Not a financial advice.
BTC We buy the dip!BTCUSD - Intraday - We look to Buy at 29913 (stop at 27888)
Offers ample risk/reward to buy at the market.
Pivot support is at 30000.
Daily pivot is at 28850.
Dips continue to attract buyers.
We look to buy dips.
With signals for sentiment at oversold extremes, the dip could not be extended.
Our profit targets will be 35711 and 36877
Resistance: 31000 / 33000 / 34800
Support: 29000 / 28000 / 26000
TheKing & GannThis is just a speculative very short term analyse using GANN on H4 Timeframe. i will make it Quick.
Simple :
- Orange Zone = Triangle Area
- Green Rectangle Zone = Consolidation Zone ( Between 31k-41k )
- Break the Triangle red line = Bullish
- Break Down under 30k ish = Bearish
- Can Notice a possible H&S Pattern on his way
- My advise for now, No Momentum to play, we are in a middle of a fighting Zone. Wait for a Breakout. (94 H4 Bars = Around 15 days )
Happy Tr4Ding !
BTC Death CrossBitcoin is about to create a "Death Cross", which is basically when the 50 EMA (teal line) crosses down the 200 EMA (orange line) on the daily time frame. Generally this is a bearish signal. (The opposite would be considered a "Golden Cross")
As intimidating as the name is, our sentiment is still bullish on Bitcoin. It is constantly gaining adopting by institutions and entire governments. We may see more bearish movement in the short-term, but on the grand scale of things cryptocurrencies are only getting started. 🚀
Bitcoin Death Cross Fakeout BTC going to 45k soon!Hi in this scenario i don't see Bitcoin going lower for now. I think we are in an intermediate wave 3 (white) inside an Main wave 3 (yellow). Market makers are playing the market sentiment game with the death cross, im far to be a fan on Moving Averages Crosses. Also i can simulate a W pattern that is bringing me to approximately between to 49870$ and 50758$on this B wave.
Have a wonderful day