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Bitcoin looks extremely weakThis is the chart that traders don't openly talk about, an excessive buying pressure took the market by storm last week after a solid low moving deep into to 3000s, trading volumes have increased significantly due to the excess time every trader has thanks to the lock down in most sections of the world. Looking at our trusted PXI, we see a sell signal coming in a couple of hours ago. This was followed by a sloppy market leading to a drop as expected. Currently, the bulls seem exhausted yet hold a clear power play above the $7000 level. We expect the price to oscillate between the given triangle and take a heavy dump before gaining some fuel for the next run up. For more content : hashedplutus.com
GEMINI:BTCUSDShort
by HashedPlutus
1
[Chanolja] XBT, Are you crazy? Hi. Let's play charts. As I said in the previous briefing, Bitcoin now showed strong gains, breaking through both 6360 and 6450, which were held as resistance, but fell after failing to break around 6660, 100% of the expected Fibonacci. When we draw Fibonacci again based on the Bitcoin chart that produces a surge as before, the resistance can be held around 6650 ~ 6750 and the previous briefing is still in effect. On the other hand, from the point of view of Ipyeong, several Ipyeong Lines converged and showed a decline this morning. Since it is a decline after convergence, it seems that it is necessary to adjust the period to raise it again. I have a downward view unless Bitcoin breaks the current resistance range of 6650-6750. Stay tuned to see if Bitcoin loses its power and further declines or rises through specific international issues. Thank you for reading my briefing today. We will give additional comments depending on the progress.
BITMEX:BTCUSD.P
by Chanolja
1
Bitcoin Continues Aiming Higher -Short-Term Analysis, 6.8K Next?Yesterday we looked at Bitcoin (XBTUSD) short-term, on the 1H timeframe, and mapped the next move. Our first target hit right away, you can see it below: After our first target was hit at $6645, prices quickly retraced and tested EMA50/EMA300 while printing a higher low. With prices now trading above EMA10 and MA200, XBTUSD can resume its growth. NOTE: The current 4H candle needs to close for confirmation. Prices for XBTUSD are currently challenging EMA10 and MA200. A bullish breakout of the bullish flag and we can see XBTUSD hit our next target at $6830... What's your take? Share with us in the comments section below. Thanks a lot for reading. Namaste.
BITMEX:BTCUSD.P
by AlanSantana
8
BTCUSD Bybit Chart Analysis March 31th. Hello, “Make it simple, make profit” It’s BitcoinGuide. Don’t forget to “Follow” me and press “Likes”. I will begin BTCUSD Bybit Bitcoin Chart Analysis for March 31th . This is a closed analysis yesterday. 30 minute chart, long position strategy. Ignoring all the downtrends finger mark, After entering $ 6204 long position, It has risen to about $ 400. Congratulations to the profitable people. This is a daily chart. The location of the day candle formation is advantageous. However, the downtrend is still strong. At the bottom, "I don't like" Focus on the "Like" look at the top I prepared a trading strategy. Today's trading strategy. It's a 30-minute chart. and long position strategy. Check the blue and red route, entry timing and price. If you ignore the blue path, If there is a strong uptrend, Please pay attention to the "Like" expression on the top. Yesterday, because the uptrend came out strongly There is also the possibility of sideways. If the final, red parallel line deviates from the support line, End without additional entry. Thank you.
BYBIT:BTCUSD.PLong
by BitCoinGuide
March 31th BTCUSD Bybit Chart Analysis. Hello, “Make it simple, make profit” It’s BitcoinGuide. Don’t forget to “Follow” me and press “Likes”. I will begin BTCUSD Bybit Bitcoin Chart Analysis for March 31th . This is a closed analysis yesterday. 30 minute chart, long position strategy. Ignoring all the downtrends finger mark, After entering $ 6204 long position, It has risen to about $ 400. Congratulations to the profitable people. This is a daily chart. The location of the day candle formation is advantageous. However, the downtrend is still strong. At the bottom, "I don't like" Focus on the "Like" look at the top I prepared a trading strategy. Today's trading strategy. It's a 30-minute chart. and long position strategy. Check the blue and red route, entry timing and price. If you ignore the blue path, If there is a strong uptrend, Please pay attention to the "Like" expression on the top. Yesterday, because the uptrend came out strongly There is also the possibility of sideways. If the final, red parallel line deviates from the support line, End without additional entry. Thank you.
BYBIT:BTCUSD.PLong
by BitCoinGuide
2
[Chanolja] XBT/USD Trend analysis Currently, Bitcoin is showing a strong uptrend, breaking through the 6360 and 6450, which were held in resistance. This move is also related to Nasdaq. When you draw Fibonacci again based on the bitcoin chart that creates a soaring trend, you can grab the resistance of 6650 ~ 6750. This corresponds to the 100% portion of Fibonacci and the trending Fibonacci resistance in the big picture. On the other hand, from the point of view of Ipyeong, several Ipyeong Lines are twisted and converging. Therefore, it requires a strong force to raise it at a time, and it is possible to go through a period adjustment that allows the two lines to converge more. Thank you for reading my briefing today. We will give additional comments depending on the progress.
BITMEX:BTCUSD.P
by Chanolja
1
Bitcoin Can Go Higher ($6645 Possible Next or $6.8k, Short-Term)Bitcoin (XBTUSD) is now trading above MA200 and EMA300, two very important resistance levels now turned support. With this break of resistance and bullish momentum building up, Bitcoin can easily hit the next target. Looking at Fib. proportions, our next immediate target is sitting at $6528.5 followed by $6645.5 as our main target. (If $6645 is hit with good strength and volume, $6834 follows). This is a short-term analysis... Do you think Bitcoin will hit my target next? Share with us in the comments section below. Namaste.
BITMEX:BTCUSD.P
by AlanSantana
8
Slowly but Steadily towards 7900 if 6000 doesn't break again!Hi guys, Short term idea here, for the mid term I think my previous ideas are still valid (taking into account that we had an intra wave correction for which I was not able to predict the bottom price). Be careful shorting this! I think this wave can only be finished above 7k, lots of bears may be shopped to death later this week. I know there is resistance at 7400-7500, and I believe it might impact short term price movements. However, I am convinced it will not be the point of reversal, I still expect that to be at 7900-8000 as I've indicated in past ideas. This thought has never changed for me, even if we would have gone as low as 5.3k, it would not invalidate that bullish PT of 7900 that I have in the short/mid term! Stay save and good luck swing trading at no/low leverage!
COINBASE:BTCUSDLong
by ItsShowtime
8
Bitcoin H1 Rounded Retest Good morning all! After a strong bounce with good buy volume (from around 5880), I'm looking to ride a long to previous support. The ideal scenario would be a clean break of 6280, hold above for an S/R flip and move to the upside for a small 5% long. Time will tell as the H1 plays out, but if H4 holds nicely and confirms the direction, my confidence will increase. My trading journal video explains profit from the previous short and other ideas over the next few days: youtu.be Take care and stay heathy!
BITSTAMP:BTCUSDLong
by deadremains
2
Bitcoin V Bottom | CME Futures Gap | Above $8.6K/$9.1K FastWe are going to be looking at just two signals from this Bitcoin CME Futures (BTC1!) chart, these are telling us that Bitcoin (BTCUSD) will jump and move above $8500... Let's take a look! 1) First, we the "V" bottom. As this pattern completes, a bullish breakout can lead to $8500+ 2) Second, we have the now famous GAP, which can be filled on the bounce. We also have MA200 sitting at $9105... Prices can easily re-test this resistance level... Wait for a new update on the BTCUSD pair on the daily timeframe for more. Previous analysis Change Of Direction? Bitcoin Aims At $6720 / $8260 Next Thanks a lot for your continued support. Namaste.
CME:BTC1!
by AlanSantana
2