This has not been confirmed yet and wait for the candle to close under it. It can be a fake out to end long positions. Stop losses in all trades. We get confirmation this week.37150 to 37550 wil be the next support level of btc After a three day break in the market tonight, we can see the direction of the market. Due to the weakness in the uptrend, I expect a...
BTC has broken support trend line however a daily close above will still be bullish, so until confirmed I have no bias either way, of course a daily close below the support trend line will be very short term bearish.
likely comes up for a test of H3. and if it breaks H4 we can see about more. invalidated with a strong break below L4. target would then be L5.
Let’s just say the empire is taking over… Crossing over the yellow line ( the blood line) is pretty significant. Still holding in the channel, but for how long? I thought 38k ish would be nice to create a bounce up to the 52 k something… Go out on a limb and say ATH between May and June ( I thought originally like 72k or a little over. ) Doses not mean 32-34...
$BTC bearish pennant breakout with big selling volume, target is $37k. NFA.
depending on market infrastructure bearsh on 15 mine chart btc short bear flag patters
10MA crossing 100MA has not been good to bitcoin in the past. It's usually a confirmation that the downtrend is well underway and still has another big leg down to come before reversing.
There's a possible reverse head n shoulder pattern and if the 5 wave pattern follows the 3 scenarios (blue red white) we'd be look at some massive gains to the upside.
Possible capitulation if price penetrates trendline to the downside. If it does and holds below trendline, either go short as soon as it closes below trendline for aggressive trade or wait for retest of trendline. Stop loss is tricky here since right shoulder and lower trendline spans 16%+, but I'll set it at $15.97, a middle point between upper and lower trendline.
Hey traders, in today's trading session we are monitoring BTCUSD for a buying opportunity around 39500 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
Price action in BTC continues to converge in a triangle pattern. It will be interesting to see which way it breaks. Not sure how much it will break based on current volumes but some sort of movement seems likely.
It has happened already... Do not believe the moon boys! Just do your own research.
The year of Bitcoin 2022, its a very possible way how the price could act throughout the year. I will not use it for any trades or decisions because buy and hold is the only thing I do and the only way I am feeling comfortable with. The idea to be prepaired for a out of scope negativ scenario came up because of the current negativ social market sentiment that is...
Hey Traders, As you can see, the price action has formed lower highs and higher lows. The volatility has also dropped massively as evident in the Bollinger Bands. The RSI which I didn't bring up is having higher lows and equal highs, showing the strength is ramping up. The target out of this breakout is 42k, however, it may break down so the other target is 39k.
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
We are currently dancing with monthly 20 sma... If the price can not close above 40250 this month. it will go down to monthly 50 sma which is around 20k at the moment. This is just my idea. Do your own research before buying or selling.
Ethereum(ETH) follows our previous scenario! Trading idea is so important for trader because you know when you will open a trade and if price follow your scenario you know what you will do 100%. Trading conditions: 1. $3042-3185 has stopped the DUMP - ✔ 2. false breakout - ✔ 3. volume growth - ✔ 4. small consolidation before breakout - X 5*. trendline squeeze...
Take a look and put stop or exit. I am smelling major downside moments with 95% confidence.