Bitcoinusdt
60000$ is the new target for BitcoinBitcoin is in the third wave of a cycle which is started form March 2020.
But if we consider the last impulse wave which started from Sep 2020, it seems that the third and forth wave has been finished and the new impulse is expected.
(the ending point of the forth wave can be easily fined by the help of retracement and extension fibonacci and also EMA50 which is shown with blue box)
Therefore, 4h and daily chart are shown that BTC is started a new wave with short time and long time targets.
Just Another ''If It Breaks'' (BTC/USDT)I draw two lines on previous chart, now our down line acting as a resistance. If it breaks we gonna see a bullish trend. 42k is not the peak point, more is coming. Just be patient.
I'm just a trader like u guys, and I just wanted to share what I saw here. Don't take it as a financial advise.
BTC Buy a break setup.Bitcoin - Intraday - We look to Buy a break of 33111 (stop at 32512)
Daily signals are mildly bullish.
Trend line resistance is located at 34800.
Although selling has been posted overnight, the selloff has been limited.
Our outlook is bullish.
Our profit targets will be 34838 and 35484
Resistance: 33100 / 33800 / 34800
Support: 32000 / 31300 / 30800
Still bearish on $BTC #BTCI'm still bearish on $BTC until something changes my mind.
This whole $DOGE and #Robinhood thing just makes it worse.
Here's my newest model. Still pretty much like the last one but with and updated timeframe.
The $SPX, $UKX and so on mighttank soon and drag $BTC down with them.
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#BTC #Bitcoin #Crypto #Cryptocurrency #Retweet
Look at this BTC chartImportant: Altcoin Area is the area in which if bitcoin remains, altcoins will strongly grow. btc should stay calm in this area. so any volatility in this area is not that positive for the whole market.
the red thick line is the line which bitcoin tends to break for a deception. so do not buy if bitcoin hits that.
blue lines are based on +volume profile +pivot point +fibo +some expert opinion. we're not sure if BTC will hit them right away... we need time and BTC still has power.
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good luck
Bitcoin Retracement Over?BTC has printed a Bull Flag on the Hourly and there are 2 indicators showing confluence at the 30k level:
1. 50% Retracement sits at the 30k zone
2. Bottom Bollinger Band tested at 30k
The bearish scenario is the CME gap at the 25k zone which sits in confluence with the 61.8% Fib level.
If BTC doesn't hold its ground at 30k, we will see 25k very quickly, otherwise a reversal at 30k to the upside will take us to the 40k zone, we are on the fence here...
Bitcoin sell a break setup.Bitcoin - Intraday - We look to Sell a break of 30034 (stop at 30842)
Pivot support is at 30250.
Daily signals are mildly bullish.
Bias is mildly bearish today but we need to see a break of 30000 to confirm the downward pressure.
Short term MACD is moving lower.
The rally was sold and the dip bought resulting in mild net losses yesterday.
Trades with a bearish descending triangle formation.
Our profit targets will be 27707 and 26484
Resistance: 32000 / 33000 / 34800
Support: 30800 / 30000 / 28000
BTC / USDT : 🚀 Update analysisBuy : 31200$ x10
Target 1 : 32500
Target 2 : 34000
Target 3 : 36000
Stop loss : 30000
The current movement for BTC above critical support at $31.2K
if bulls holding and price rebound again to $38K, in this case, will see BTC breakout probably.
if the Bulls fail to do that and the bears breakdown this support zone we will see $30K as the next level for bears!!
in time like that, you have two option to do:
1-Open long position from support area with tiny stop - loss.
2-Wait for confirmation and trade with market direction.
The current bullish targets above $33K located at
Bitcoin Stand ByWhen BTC is doing that kind of weak moves, i suggest to wait for a Bounce and some confirmations.
Everything is in Graph. BTC have to break the red line trend to start a Bullish move again.
until that i would wait for some confirmations.
Possible Rebuy Zones :
- 31850$ ( EMA200 - H4 TF)
- 30000$ ( EMA50 - D1 TF)
if breakdown those zones, we could get a bearish mod for few weeks.
Happy Tr4Ding !