20k for Bitcoin is still a viable option, as we a currently forming a text-book Bear flag after the multi week/month downtrend. The target of the flag would put btc just under 20k. I think it’s important for us to recognize the potential downside.
BTC is currently facing a lot of pressure especially after losing his it's strength. we already went down so bad but what could happen in the next meantime? ⬇️ We are currently in a bear flag => $BTC is bearish in mid term where 30k levels are very possible. We are also on a Trendline & The middle of the Bear Flag channel => This could be a strong point for $BTC...
As we shared in the previous BTC idea, we can see in the Hour time frame that is creating a pattern and we need another Drop of 10% to enter our Position, good luck everyone.
I cant imagine a better time for the crypto market to drop. This is where you reinsert your profits. There are plenty of stories to ascribe the drop to and if BTC hits 26k we will all get the opportunity to watch it soar. In my predictive thought. Everything can fail. We can loose it all any second. including life. So i'm not predicting a path of failure but i am...
symmetrical triangle support 41,800, next resistance 46,200 for symmetrical triangle breakout and uptrend change
BTCUSDT price showed some negative momentum yesterday and approached the critical level aggressively, now a relief bounce happened in a shorter time frame but let it be mature on the at-least 1D frame. If bulls retain and regain that area, we could see a roller coaster ride in the coming session. Like a little wick can create a panic situation and a quick pull...
Hello, everyone! Yesterday I told you that to open long position we need to wait for the MACD bullish divergence next to true trendline and Fibonacci golden pocket, but those potential signal was broken. Today we can see that the price is still next to the Fibonacci golden pocket and trendline, we can see the potential MACD divergence again on the BTC. I suppose...
Hi All, #BTC #BITCOIN Based on this Wyckoff model, this range is acceptable. If it breaks below this, then BTC is in trouble. Note the RSI currently is in a bullish div and way low in the over extended level. Please give me a like and a share, All the best, S.SAri Note the fib extensions match the bottom of the range
JUST HAPPENED The target is 37750. Stay tuned and always do your own research.
Either this count or the bull one I posted above. Play accordingly if you insist on trading trade endpoint divergences and play the insides and ALWAYS MANAGE RISK. But this isnt trading advice. This is me talking to myself and making note on a public platform.
It is on the support point and it is not recommended to buy here. If it breaks the resistance line upwards, it will go up to $ 4,500, otherwise it will have 41 lows. What do you think?
#BTC in a channel. 1hr closure above $43,767 for upside. 1hr closure below $42,894 for downside. #Bitcoin #BTC
Internal count of what appears to be wave 3 following what appears to be a bottom that ended in a running flat for Bitcoin at 33k Now an in impulsive move up likely last leg in wave 3.
BTCUSDT The price is below support structure and ascending trendline, if price continues to stay below, price might fall towards next support area.. Trade Wisely *The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
as of this moment, btc does not look so hot. the reaction i expected from the key level from my last post found 0 demand, which means we go lower. what i had as a level for bullish invalidation has now become the downside target of this move. i've got a way to interpret it, which still manages to give us one final leg up, but i don't think it's going to go as...
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
Bitcoin about to retest the magical $42.000 area, before eventually move on higher, we will see.
BTCUSD strong supply area - look toward 41000 more possibility to go.