Yesterday, Bitcoin plunged below 39 000 USD. However, the drop was quickly retraced and BTC bounced as high as 41 754.05 USD today. We continue to maintain a relatively neutral stance in the short term as we expect choppy price action to persist for a little longer. However, we are turning increasingly bearish in the medium term. Because of that, we would like to...
BTC is now currently trading inside of a falling wedge which is considered a bullish pattern and is set to rise towards the weekly resistance zone of 44k to 47k. Bitcoin is also trading closely near its ascending support, retesting it for the third time, and with the previous 2 retest that touched the line, price shot up tremendously. However, despite the...
Monday range 38052-39167. Almost 3%. None of yesterday's review scenarios triggered and therefore they stay valid for upcoming days. If BTC breakout we should witness bullish impulse targeting liquidation of stops above last swing high at ~40377 - therefore it can pump up to 40600-40800 zone with extreme bullish wicks to 41300. On the other hand if impulse get...
Traders are taking hits during these bearish moves lately but trading bots created by the Kryll.io community are still managing to beat the overall market. Check out juse one of many examples here on this profitable ROSE trade that was taken during the break downwards in ALTS. On Kryll.io you can: - Use TradingVIew charts and indicators to build profitable...
Bitcoin just reached to 200 daily moving average and also the D point of multiple harmonic patterns ! In these prices we see lots of long analysis after the moving average is violated , but I think this is a good place to take a small short position and reduce a little bit of other open long positions that I have , such as Hbar or Doge , see the analysis in...
BTC is forming a falling wedge on the 4hr chart, looking for increase in volume to retest resistance, will need to break this before thinking of $40k and $42k resistance levels.
For now BTC still holding above support trend line, previous updates still relevant and targets remain.
you can see the rest of the ideas on BTC in the profile. One of them will indicate an exact BTC high and a strong decline. Red lines where there will be strong red weeks, green strong growth
Hello, everyone! Yesterday I opened long position for BTC at $38k. It is very exciting to hold the position in such critical point, that’s why today I found evidences that we can expect a least the bounce to the upside. Let’s start! Let’s consider the 1D timeframe on the Bitcoin price chart. Here we can obtain significant signals. First of all we can notice that...
Bitcoin follows a well-established cycle of trading, right now we are towards the bottom, it is important to understand that this is not the bottom. The process of making a bottom takes time. It will then be followed by a period of sideways ranges and volume discrepancies. Happening right now: BTC is on a downward trajectory and stuck under a lot of resistance....
Volume keep decreasing, retest is being done on the top to the falling wedge LTB and H4 has formed a bearisth engulfing. It's seems we will have a fall soon.
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
Hello everyone, BTC broke through first level of support. We are still far from a complete bullishness however this might be the very beginning. Most of the Alts are quite cheap and this may be the bottom for most of them! Have a nice trading week.
🔋What is the Greenwich Indicator? It is a trading system that include the two modules and allows you to buy crypto at the lows and sell crypto close to the highs. Signals appear based on the Bitcoin data, which the indicator shows on the screen. The indicator also allows you to open local trades between the BUY and SELL signals. 💡How can I use the indicator? ...
Bitcoin is in a Falling Wedge and No break out has happened! So this means the Price is about to become Bullish! the Possible Bottom is at 37650$ and Afterward the Price should be able to Start a Strong Bullish Movement and We Shall See It Be able to reach 42200$ (at least) But the Top of the Pattern is around 46k which means the Price has the Possibility To...
As many of my followers know, I am typically not one to talk about stocks (as my username indicates, I largely talk about cryptocurrencies). However, I do typically make exceptions when the stocks deal with crypto and/or blockchain. In this example, I want to call out the falling wedge that has occurred with RIOT blockchain. Since the all-time high (ATH) at the...
Last time BTC was at those "oversold" levels, we had a nice leg up - 30% up in roughly 2 weeks. Will history repeat itself again? We're right on support.
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. Here is a detailed update top-down analysis for BTC. Which scenario do you think is more likely to happen? and Why? Always follow your trading plan regarding entry, risk management, and trade management. Good Luck! All Strategies Are Good; If Managed Properly! ~Rich