Sharing my first BTC chart analysis.Hello Trading View, this is my first chart for BTC and i want to share with you my thoughts on it through my idea.
- So to begin with on 19/Sep until 25/Oct, BTC was traiding lower than the big main support line which was holding on from the beggining(YEAR-2013). (WHITE LINE)
- On 26/Oct BTC was already above the WHITE LINE and now is still trading above it.
My though here is that this WHITE LINE is very important for BTC and despite the negative news around the world BTC clearly showed that it wanted to stay above it.
If this is the scenario then i believe that it will continue to trade sideways with some fake break outs under the WHITE LINE and by the time that will reach the GREEN LINE it will go on higher trading levels because of the bullish break out that it will have. (AS I DRAW WITH WITH WHITE PENCIL-ARROW)
I know that negative news are coming but Bitcoin always likes to suprice everyone. For long term investment i believe its a good time to DCA some BTC.
Thank you for taking time to read this.
Please feel free to comment down i really want to hear your thoughts on this.
Best Regards,
Christian
Bitocin
Weakness in DXY ---> Strength in crypto, or no?| Your time is precious so I write concise and precise, feel free to ask for more |
We see good weakness sign in DXY which gives great signal for cryptocurrencies TO UP!
So let's keep eye if the resistance does its job or not
| Your time is precious so I write concise and precise, feel free to ask for more |
Can Bitcoin Test $20K?Bitcoin has gained off a weaker dollar and strength in the stock market. We are currently contending with $19.5K. As we have mentioned here many times, this level will provice signficant resistance and we are not likely to make it to $20K. But if so, we expect $20K to be a ceiling for now. We are seeing strong resistance at $19.5K right now, confirmed by multiple red triangles on the KRI. If we reject this level, expect support at $19K or $18.6K.
Bitcoin Trend Analytics September 19The key support is broken. Now BTC is sliding down. Control your positions.
$18218.53 area is the next support. If this area is broken, a second slide would incur. (Similar to the movement of breaking the key support)
After the breakdown on the key support, the short-term movement forms a new short-term downward channel, resulting from a panic selling. BTC is under heavy short-term pressure.
Stay patient before opening positions.
The market expected interest rate hike in September: 75bp(82%),100bp(18%)
CUP AND HANDLE SET UP $ICPThese rules are based on Thomas N. Bulkowski's book 'Encyclopedia of Chart Patterns'
Hi guys, cup and handle set up on ICP.
1. Previous to 1st cup lip rise in price > 30%
2. Right cup lip around the same price as left cup lip
3. Length of cup > 7 weeks.
4. length of handle > 1 week.
5. Invalid if daily close below 50% of the cup
These rules are based on Thomas N. Bulkowski
Targets are on the chart.. would suggest running a trailing SL to get max returns on this one.
Like and follow if you found this of use.
Not financial advise.
Bitcoin Price Prediction: Bottoms In...
During the last cycles bitcoin has never fallen below the weekly 200 moving average. During the covid sell-off price wicked below the moving average for 2 weeks, but this was merely a deviation from the trend.
Right now bitcoin has stayed below the average for 6 weeks. But in my opinion this is just another deviation from the trend to fake out traders. At the moment so many people are bearish, and that usually is the point where the market turns around. The majority is never right. Buy the fear, sell the greed!
And the answer might be in the RSI, every time bitcoin has turned around when rsi was around 30. This time rsi went as low as 25.71, lower than it has ever gone.
But as you can see the RSI has started a small up trend. Which makes me believe the bottom is in.
Can we go even lower with rsi and price it self. Yes that is a possibility. But for now as long as the rsi starts making higher highs and higher lows, price usually follows. For now I am of the opinion that the bottom is in for the cycle and we will start and up trend from here.
Bitcoin Trend Analytics July 20thSupports keep moving up and BTC is trying to establish support at the top edge of the box.
BTC is trying to confirm the breakout within the 3-day time frame. Today if the top edge of the box is not broken, it will go up against $24692.22, or else it’ll consolidate again within the box. Monitor the oscillation zone around $23000, between $23101-$22733.
Both cryptos and the Stocks rally are betting on a lower-than-expected interest rate hike or the possibility that Fed ends QT in advance. If so, bulls will take control. So keep monitoring the interest rate release on 27th. S&P500 central support is 4033.7.
The key support of the month moves up to $18764.79. (moving up is positive, vice versa)
We're still facing pressure on macro: the expected Fed's rate hike now is 75bp (65%)/ 100bp (35%)
BITCOIN in range mode, 1HIn the previous analysis, we expected to break the $19,600 range, which was weak, and now it is in the range of $19,000 to $19,600 in the 1-hour time frame. According to the chart, if this range is crossed, we can expect the price to rise to resistance points. And if it moves down from the range and below $19,000, it can have a correction up to $18,800 and $18,500.
With the failure of one of the support or resistance points, the analysis is updated.
Its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark
Will 200 WMA hold Bitcoin ? I will be paying a very close attention to the 200WMA, as I Know in the past years it has acted as strong support. Imo I feel like on the smaller time frame we could go lower but on the weekly time close back above 200WMA. I still believe we won't see a bull market until next year.
Where is Bitcoin bottom and how to plan your trade?Following the principles of vibrations, and the concept that market repeats patterns, here is analysis on BTCUSDT.
Bitcoin started downward spiral from 10th November 2021, the high price of 69198.70 USDT crushed all dreams of people who kept an order for short at 70KUSDT levels, nevertheless, few made it possible and quickly booked profits. Most of CT influencers like Plan* and many others thought it would cross 100KUSDT , a slow clap and a big laugh, now everyone is crying, many of them got liquidated.
Crypto is hard on people who hold, and that is why RSI is your best friend. RSI on bigger time frames gives you many options and many days in advance to plan your trade. A stop loss, perhaps is crucial and crypto allows you to trade both ways, a long and short both can make you money.
Now coming back to the point, market repeats patterns, even if it does not it can give us a range, perhaps some levels and we can plan trade based on them.
Now Nov 10th, 2021 started downtrend, based on Falcon Waves (I have written about it many times, I will keep target for 5 waves down.
Before that, we had a top on 14th April 2021, when price of Bitcoin was 64986 USDT , and then after 5 waves down BTCUSDT resumed its move up based on Falcon Waves.
Important dates and difference between them is analysis that we need here, and then we will add Falcon Wave Theory and get the final result.
Falcon Wave runs in ABC followed by accumulation phase. Wave C has 5 internal waves that started on 14th April, we will first understand Gann Analysis, and time period difference and try to find some coorelation on current market conditions and draw some reference and add Falcon Wave Theory for current Market to find Bitcoin Bottom.
We had a top on 14th April 2021, when price of Bitcoin was 64986 USDT
14th April to 25th April (WAVE 1): 11 Days
25th April to 10th May (Wave 2): 15 Days
10th May to 19th May (Wave 3): 10 Days
19th May to 15th June (Wave 4): 27 Days
15th June to 21st July Wave 5): 36 Days
Important to note that Wave 3 and Wave 5 completion was about 63 Days.
The ration here is almost constant at 1.36
More on this:
11/15 = 1.36
15/10 = 0.67 (This is almost half of 1.36 (1.36/2=0.68))
10/ 27 = 2.7 (This is double of 1.36 (1.36*2=2.72))
27/ 36 = 1.33 (almost equal to 1.36)
Here , simple observation is that 1.36 ratio has been constant for top and bottoms of wave c which was 5 waves down.
Now using same method to find current market conditions.
Bitcoin started downward spiral from 10th November 2021, the high price of 69198.70 USDT,
10th Nov to 4th Dec (Wave 1): 24 Days
4th Dec to 27th Dec (Wave 2): 23 Days
The ratio here is 1.04
24/23: 1.04
If wave 3 is half ratio that is 1.04.2 = 0.52
23/x=0.52
x=23.0/0.52=44.23 days, therefore Wave 3 should finish by 44 days, that will be
27th Dec to 9th Feb 2022 (Wave 3): 44 Days (This is expected date)
Similarly, Wave 4 will be double ratio of 1.04, that is 1.04*2 = 2.08
44/x=2.08
x= 21.15 days
9th Feb 2022 to 18th Feb 2022 (Wave 4): 21 Days (This is expected date)
Similarly, Wave 5 will be almost equal to original ratio of 1.04,
21.15/x=1.04
x= 20.3 days
18th Feb 2022 to 10th March 2022(Wave 5): 20 Days (This is Expected Date)
So, next date for trend change dates are (for completion of 5 Waves down):
10th Nov to 4th Dec (Wave 1): 24 Days
4th Dec to 27th Dec (Wave 2): 23 Days
27th Dec to 9th Feb 2022 (Wave 3): 44 Days
9th Feb 2022 to 18th Feb 2022 (Wave 4): 21 Days
18th Feb 2022 to 10th March 2022 (Wave 5): 20 Days
Dates to watch, 9th Feb, 18th Feb and then 10th March 2022
Base don Gann analysis, 28th Jan 2022 also happens to be start of trend change, which should eventually complete by 9th Feb where Wave 3 gets completed, perhaps a drag of Wave 4 ends by 18th Feb and then 20 days to finish Wave 5 by 10th March
All this sounds long, boring and slow, however this is fast. This will be quick, and will liquidate many unless you learn Gann Analysis, may be read his books.
Some other dates that I will watch, 28th Jan, 24th Feb and 1st April 2022
What can be final bottom then?
Based on Falcon Wave C targets, we are looking for target between 26000 and 22400, if we plan to trade, may be keep some bids around 22400 levels with tight stop loss. Trade at your own risk.
By when can we expect this?
Wave 5 should end by 10th March 2022, if we reach target before this then we can look for placing orders for longs.
What are Wave 3, 4 and 5 targets?
Wave 3 should end before 26600
Wave 4 should end before 42850
Wave 5 should end before 22400
All these prices are marked.
Please note this analysis is not based on price action, and this is data based on on Gann Analysis, moon cycle and geometry with Falcon Waves.
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How to plan your trade?
Use trend based indicator like super trend, that is available on Trading View. You can trade once you have confirmation. Once there is confirmation you can place your order, following these dates will help you to plan.
There are some other methods that I use for trading, like Price Action, break of key level area, Elliott Waves (not much) as I have replaced it with Falcon Waves (Works much better), and also Gann analysis, moon cycle, market geometry that can guide us.
Take this article as one of key methods that can help you plan your own methods, and find answers in market vibrations.
BITCOIN 6H TA: Support - New UpdateBitcoin is currently in the support range, which is likely to fall to $ 37,000 and $ 34,500 if the trend line and support are broken down.
If the support range is maintained, the analysis will be updated.
Its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark
TEZOS on TrendLinesGiven our long-term uptrend line, we expect price support again. This area is a good place to enter if this area is well supported and trend lines are not broken. If this range is not maintained and the support of the trend line is lost, we will see more decline. We specified the next moves in the chart according to the trend line scenarios.
Its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark
ROSE / USDT ... Day trading SIGNALAs you can see in the chart in 2 H TIME FRAME this is the pattern that we are in
Just wait for the confirmation to make a short or long
Those who know me, know I do day trading based on patterns and breakouts so use my analysis for the short term and just take the advantage of the market
DO NOT FORGET TO USE STOP LOSS
THIS IS NOT FINANCIAL ADVICE
IT'S MY PERSONAL OPINION
BTC will breakout the $44,500 resistance this time!As you can see, Bitcoin is moving in a strong uptrend channel in the 4H time frame since 14 March, So this time I expect to see a breakout of $44,500 resistance.
Bitcoin's bulls are so strong at the moment BUT before any breakout of mentioned resistance, A correction will happen.
This correction can last up to $43,000 area, After that, and when the price was located at the bottom of the channel, I expect to see a breakout of short-term descending trendline and after that, a breakout of $44,500 resistance.
Feel free to write your comments here, I'll answer all of them.
BTC/USDTAs we can see in the chart BTC couldn't break the trend line just keep eye on the trend line and we might see a downtrend
If it goes DOWN the first target will be the RED arrow and if it goes UP the first target will be the GREEN arrow
Just follow the chart
Good luck
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tebghe chart jolo berid ta harekate badi bazaro bebinid
BTCUSD Full Analysis 15 MINPreferably suitable for scalping and accurate as long as you enter carefully the price behavior with the drawn areas.
With your likes and comments, you give me enough energy to provide the best analysis on an ongoing basis.
And if you needed any analysis that was not on the page, you can ask me with a comment or a personal message..
Enjoy Trading... ;)
Look for selling opportunities on BTCIt looks like our analysis played out very well and price is now heading lower. For those of you who managed to get in before the most recent move, that's great. Make sure to move your stops or collect profits along the way.
If you didn't manage to go short, don't worry. The market will always give you another chance. In this case, what we have to do is to wait for a pullback before getting involved as it would give us a better risk to reward ratio.
In the video you can see what are the levels that I'm monitoring, so make sure to have them on your charts as well and look for opportunities around them.
Good luck!