Btc-bitcoin
Is Bitcoin ready for the next leg up?Bitcoin is fighting the short term trend.
its lost the 7 day moving average over the last few sessions. Bulls retraced and tried getting above.
The have not been successful at confirming above the key trend.
A 4 hour Head & Shoulders pattern has triggered but on watch for a potential bullish reversal.
BTC last stand before going deeper correction (Y24.P1.Video4)Hi Traders,
Prior to the halving we have seen price drops of above 30%. This time is probably no different however maybe in the low 20% range. If we reach the weekly 21 ema, then that will be a strong support level.
Here we have also a bullish scenario to go long, with the 21 daily MAs.
So we have a 60 to 40 % lean towards bearish
All the best ,
Regards,
S.SAri
Bitcoin Ethereum & Crypto - are you ready for the next move?Bitcoin & crypto have been flying in the wake of semiconductor strength & the approaching halving.
As crypto has entered the stratosphere, and BTC at double top are we likely going to see some profit taking?
Double tops typically act as strong resistance, especially since there's been minimal consolidation leading into the move.
BTC - new ATH - Detailed Video Analysis 📹Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📚 Here is a detailed update top-down analysis for #BTC.
📚Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
BTC Math//@version=4
strategy("Pie Topd", overlay=true)
//when viewed on the daily chart, this has accurately predicted btc tops only. seriously, it comes pretty close. it does so by calculating when the sma350x2 green crosses down the sma111 red. idk how. it just does. that's the power of mathematics. and remember this: it works until it doesn't. 2.29.2024
//variables below
sma1=sma(close, 111)
sma2=sma(close, 350)*2
// //(111x350*2) sma Strategy//
plot(sma1,"sma111",color.red, linewidth=3, transp=0)
plot(sma2,"sma350x2",color.green, linewidth=3, transp=0)
if crossunder(sma2,sma1)
label.new(bar_index, high, "Price:"+tostring(high) + " Vol:"+ tostring(volume), style=label.style_labeldown, color=color.red)
BITCOIN, Massive Bullish Breakout, Wave-Extension Objection!Hello There!
Welcome to my new analysis of Bitcoin in the middle to larger timeframe perspective. Within recent times Bitcoin developed a determined bullishness from where on it continued to form several new highs and establish a solid uptrend also supported by events such as the BTC ETFs (Exchange-Traded-Funds) that were confirmed for acceptance. Now Bitcoin also completed a major pattern which is a huge bull flag formation, Bitcoin completed such patterns several times within history and now the wave C expansion is ready to move into new all time high spheres.
With the current bullish dynamic holding on and more and more volume moving into the market as well as with the bullish sentiment building a strong technical support bitcoin is on the way to reach the full potential wave C target zones. Once the bitcoin price action bounced into the new all time high this will be an appropriate price move when the BTC ETFs trading volume also supports the price action and confirms the ability to lead to further bullish volume determination increases within the next times.
Thank you everybody for watching my idea about BITCOIN! Support is greatly appreciated.
VP
BTC - Critical Zone - Detailed Video Analysis 📹Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📚 Here is a detailed update top-down analysis for #BTC.
📈 If the 53,000 level is broken upward, expect a continuation till the 58,000.
📉 In parallel, if the 50,500 is broken downward, expect the bearish correction to start leading to a movement till the 48,000.
📚Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
BTC - we have Short trade from $52810. Follow a plan!!BTC - we have a Short trade from $52810. We follow a plan until it hit TP or SL or breaks
Our SL is at $52 600 which means risk free
As I mentioned in many of my previous analysis
BTC pumped a lot and it needs Long-range or some pullback
Also there still a big chance for additional SL hunt - in that case i`ll consider a new trade
Watch full update
BTC - Follow THIS Path to the HALVING📉Hi Traders, Investors and Speculators of Charts📈
If you have been following me for a while, you'll know I've been saying we are trading in the opening moments of a new bullish cycle. I've also referred to this as Elliot Wave Theory Wave 1.
According to my plan, this is the first impulse wave towards the upside. But the upwards wave are always followed by correction waves; a natural part of any cycle. I expected the second impulse wave (2-3) to happen very close to or just before the BTC halving, which is set to happen in April. This is based on a previous analysis that I did where we made a conclusion based on the price action of the previous BTC halvings before, during and after.
👉 Macro Analysis
Bitcoin is due for that 30% correction / pullback. Even dropping to lower 30K zone would still be a lower high, classic Elliot Wave Theory before the next upwards impulse wave, which is the biggest ( wave 2). This will fall exactly on the white diagonal trendline, which is our support zone.
👉 Technical Indicator Analysis
Our technical indicator is still bullish, but showing "Overbought". In a higher timeframe, this usually means it can carry n for some time - but a pullback is imminent before another impulse upwards.
NOTE that I am BULLISH on BTC. We're in the opening moments of a new bullish cycle, but there are pullbacks and corrections in upward cycles - and I'm expecting that we're currently trading in impulse wave 0-1.
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CryptoCheck
BITSTAMP:BTCUSD COINBASE:BTCUSD INDEX:BTCUSD INDEX:BTCUSD BYBIT:BTCUSDT.P
Bitcoin Crash or Major rally?Bitcoin is into mega resistance right as the dollar has broken out.
Is BTC going to get snuffed at 50K into a weekly resistance pivot?
Is the halving to strong and going to push BTC to 100k?
Dissecting the technical, it appears Bitcoin could be vulnerable in the near term.
BTC - 1.8B of OI entered and no signal for reversalBTC - 1.8B of OI entered and no signal for reversal
in most cases, good reversal appears
1. after MEssive liquidation (didn't happen yet)
2. After series of SL hunts in a range
3. Structure change.
we don't have any of it yet.
Watch fulll video to see my plan!
BTC - Detailed Update 📹Hello TradingView Family / Fellow Traders. This is Richard, also 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