BTC could see a reversal soon!Noticing on the stoch rsi we are looking like we are about to turn bullish, currently sitting near the bottom of the oversold zone. We also closed the daily candle above our 0.5 FIB level, looking to see a push to the 0.3. It is possible we get rejected the first if we head up but i believe we could see a push soon breaking through. Would love to see a little bit of a reversal on the MACD first before jumping the gun though. Also keep in Mind March has historically been one of the most bearish months for bitcoin and we were previously running hot. I think we are just seeing a healthy correction and personally am not worried. Not financial advice just my opinion!
Bitcoinusdt
Bitcoin BTC going to 68761$ on the small bull flag !Hello Everyone!
Bitcoin might be ready to breakout from another bullflag here, the small one, but there is another bull flag that i will share with you in another post. The target of this one is around 68761$.
For people who are looking for exits if this bull flag break, here are some key targets.
62911$ ont the 100% of this W5
SAFE EXIT : 61899$
64447$ fibonnaci 561%, and 65580$ Fibo 161.8%, 65128$ is 123% on main W5.
SAFE EXIT : 63950$
68868.86$ is 161.8% of main W5 and target of this pole.
SAFE EXIT : 67999$
Best to you, leave me a comment, let me know what you think. Cheers!
💡Don't miss the great buy opportunity in BTCUSDTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (54580).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BTCUSD is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 50.
Take Profits:
TP1= @ 57600
TP2= @ 59445
TP3= @ 61760
TP4= @ 65000
TP5= @ 67700
SL= Break below S2
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💡Don't miss the great buy opportunity in BTCUSDTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (54580).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BTCUSD is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 42.
Take Profits:
TP1= @ 57600
TP2= @ 59445
TP3= @ 61760
TP4= @ 65000
TP5= @ 67700
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex trader?
Now, It's your turn!
Be sure to leave a comment let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
#BTC Heading to my Target $63k!In my previous updates I told you guys that the price will soon break the $60k level+ and it already happened today! Read my previous update if you haven't.
BTC Update : The way price is holding up the 59.5k level this Scenario seems highly likely.
Invalidation will be a close below $59,120!
Do hit the like button and share your views in the comment section.
Thank you
💡Don't miss the great buy opportunity in BTCUSDTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (58343.20).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BTCUSD is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 76.
Take Profits:
TP1= @ 61023.20
TP2= @ 63443.70
TP3= @ 65960.30
TP4= @ 68865.10
TP5= @ 72213.70
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex trader?
Now, It's your turn!
Be sure to leave a comment let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
💡Don't miss the great buy opportunity in BTCUSDTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (58343.20).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BTCUSD is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 76.
Take Profits:
TP1= @ 61023.20
TP2= @ 63443.70
TP3= @ 65960.30
TP4= @ 68865.10
TP5= @ 72213.70
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex trader?
Now, It's your turn!
Be sure to leave a comment let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
Plain and Simple Bitcoin Daily Analysis - 3/12/21 - BTCUSDTPlain and Simple Bitcoin Daily Analysis - 3/12/21 - BTCUSDT
Market does not care what people want.
People want 60K so bad.
Market takes decisions.
Allright, we got 2 bearish divergences popping up, and a lower high on the bigger scale.
That's not good at all to get that lift to 60 K.
Price is attracted by the 48700 K level, that we might head back for the coming days.
I don't feel any euphoria around, so, ...
Back in february, people ignored RSI and kept buying - euphoria was at peek -
Now it seems like something else.
That's a day to be carefull, more on the short side, with extra wide SL from 58250 down to 55366
So..
Have fun, trading today !
Thanks for reading !
Stay safe.
And remember, the market is a b..ch, trying to take the money right out of your pocket for a cheap and short moment of pleasure.
See you all tomorrow, and don't forget to ......
smash that like button !
And don't forget to subscribe to my feed to get my daily analysis in your Trading view chart
Comments are also welcome anytime.
And go check my socials down there if you like this analysis!!!!
BTCUSDTHello to you all. Mars Signals team wishes you high profits at all times.
The price has been able to break the 51,300 resistance and we can say that it’s bullish run has begun. The next target would be around 68,800 but do not expect the price to have a solid growth. We will experience some fluctuations in the middle.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
BITCOIN scenarios 4H timeframe 07th of March 2021Hi guys,
Bitcoin looks choppy so I'm not entering new positions for now. I do think the two scenarios are as follows :
Bull : we get a close over the 54.000$ and go on to re-test the 58.000$ levels
Bear : we get rejected once again at the 52.500$ levels and we go searching for buyers lower, in the 41.000$ levels.
Trade safely my friends !
PS : my previous idea played out perfectly, you can find it in the related area.