Trading Analysis btc/usd 12.11.2022Welcome to the BasicTrading channel.
My name is Philip and in todays analysis I quickly go over the situation which we currently have on BTC/USD.
I will analyse the asset both from a weekly and daily timeframe to show you the best possible trading opportunities.
If you enjoyed this analysis, let me know in the comment section which asset I should analyse tomorrow.
Dont forget to smash that rocket and I will see you tomorrow with a new analysis.
BTC-M
BTC and SPX500 - BFFs once againA video about the two markets.
BTC should find support around 12.5k eventually but a bounce first to 16300-400 could be first. SPX could also bounce after or before CPI to it's 18ma (currently around 3790), but I would consider it a sell on any bounce. The bearish option of a C leg going lower to test the October lows next week is much more probable after today's action. Good luck!
BTC Short 4 to 12% down move 11 10 2022If you love the spot-on analysis done so far, please boost, share, comment, and follow for more.
Analysis:
The yellow moving average crossing the upper dotted white fib line on the 3min BTC chart and 3min ETH Chart was the first indication that we are overbought for BTC. Candle closing confirmation above the yellow moving average in the 5 min chart for BTCDown and ETHDown acts as an additional layer of confirmation. The third layer of confirmation comes from my private chart layout.
The ideal entry range was between $17,400 and $17,600. An estimated 4% to 12% downward movement is anticipated from this move.
TP1: 4.9%
TP2: 6.8%
TP3: 12%
Baseline Information:
The strategy used for this analysis takes into account the following factors:
Timeframe: 3min and 5 min
Symbols: BTCUSDT , ETHUSDT , BTCDOWN, and ETHDOWN
Exchange: Binance
Indicators: For obvious reasons, precise indicators names can not be provided, but this analysis makes use of VWAP , moving averages, and Fib charts.
Chart Count: 8
Disclaimer:
The information and publications are not meant to be or constitute financial, investment, trading, or other advice or recommendations.
BTCUSDT - Phoenix Ascending BEARISHHi Traders, Investors and Speculators 📈📉
The markets have been trading bearish overall, with over 2 billion drained from cryptocurrency within the past 48 hours. This comes as no surprise to me, as I have been watching the DXY increase and the TOTAL crypto market show weakness. And so I made this idea a few days ago :
There is a possibility that we may correct towards the upside after this drop, we could even see a few altcoins increase over the next few days. However, the Technical Indicator Phoenix Ascending is showing that BTC is in trouble in the weekly timeframe, and if a reversal does not show up on lower timeframes, the next major support zone is only at $12500.
Looking for some hobbies or side hustles that make money? Check out these ideas 👀
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BTC Detailed Top-Down Analysis - Day 100Hello TradingView Family / Fellow Traders. This is Richard Nasr, as known as theSignalyst.
100 out of 500 days done.
I truly appreciate your continuous support everyone!
Let me know if you like the series, and if you would like me to change or add anything.
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
BTC 2023 / 2024 KING The analysis that we did for Bitcoin from 2011 to 2022. In this analysis, we see a very old trillion that the price of Bitcoin is close to the average interline. Should we now say that Binance exchange caused the price to reach this area? Let's conclude that no, this is not due to the Binance exchange, but the price has to come there, and the Binance exchange is the cause of it. If today our candle closes positively, we will have a 100% upward trend, and the price of Bitcoin for The area of 21,271 thousand dollars and even 24,568 thousand dollars will be bullish. In the chart we are seeing, we can see the price of Bitcoin in 2023 and 2024 up to the price of 500 thousand dollars. Coin must be corrected from the price of 56,607 thousand dollars, and after the correction, the upward trend will start for 76,882 thousand dollars, and then good luck for 195,552 thousand dollars and 509,139 thousand dollars.
I love you, Manouchehr Azar, born in Iran
Bitcoin (BTC) • Thank you FTXHere we are. Trading under 19.4-20k control zone.
With the whole implosion of FTX and saga with potential Binance acquisition expect a lot of turbulence and pain in next days.
In the video I walk through the things that are still not looking good and how things seem to be evolving.
I discuss price, S/R/ levels, order-books and Futures data add to the mix for a well rounded overview of the market.
Unfortunately. These things can change quickly and I don't produce videos often.
So check the my signature for details if you want be in touch with my insights more frequently.
BTC Bullish Move Up 1.7 to 4% 11 9 2022If you love the spot-on analysis done so far, please boost, share, comment, and follow for more.
Analysis:
Before we start, note that BTC is still very well bearish. On the 3 min charts, BTCUSDT 3 candle confirmation occurred at around $17,800 This implies a current oversold condition for BTCUSDT. This is a temporary pull-up. This is also why the lower end of the fib range is used as a target for the exit. 2-candle confirmation on the 5 minutes chart above the yellow moving average and a 1-3-candle confirmation above the lower white dotted fib line on the 3 min chart were also confirmed.
The projected entry zone is anywhere between $17,700and $17,800. Based on this analysis, we should expect around 1.7% to 4% upward movement for BTC from this point.
Baseline Information:
The strategy used for this analysis takes into account the following factors:
Timeframe: 3min and 5 min
Symbols: BTCUSDT , ETHUSDT , BTCDOWN, and ETHDOWN
Exchange: Binance
Indicators: For obvious reasons, precise indicators names can not be provided, but this analysis makes use of VWAP , moving averages, and Fib charts.
Chart Count: 8
Disclaimer:
The information and publications are not meant to be or constitute financial, investment, trading, or other advice or recommendations.
BTC Short 4 to 14% down move 11 8 2022If you love the spot-on analysis done so far, please boost, share, comment, and follow for more.
Analysis:
This analysis is incomplete because it is backed by another setup that is private and not available to the public. Ultimately, the Yellow moving average crossing the upper dotted white fib line on the 3min BTC chart and 3min ETH Chart is the best indicator that BTC is overbought.
ideal entry range was between $20,200 and $20,500. An estimated 4% to 14% downward movement is anticipated from this move.
TP1: 4%
TP2: 7%
TP3: 13%
Baseline Information:
The strategy used for this analysis takes into account the following factors:
Timeframe: 3min and 5 min
Symbols: BTCUSDT , ETHUSDT , BTCDOWN, and ETHDOWN
Exchange: Binance
Indicators: For obvious reasons, precise indicators names can not be provided, but this analysis makes use of VWAP , moving averages, and Fib charts.
Chart Count: 8
Disclaimer:
The information and publications are not meant to be or constitute financial, investment, trading, or other advice or recommendations.
BTC Detailed Top-Down Analysis - Day 99Hello TradingView Family / Fellow Traders. This is Richard Nasr, as known as theSignalyst.
99 out of 500 days done.
I truly appreciate your continuous support everyone!
Let me know if you like the series, and if you would like me to change or add anything.
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
BTCUSDT goes up? 😊follow meWell, the videos are in Farsi, but I will explain in the comments.
Bitcoin two days ago, I said that it should be corrected and settle two areas. After doing this, the whales of the market made a good purchase. In this situation, I want to say when it will start an upward trend.
We have a meeting in America in the next two days. I can say from now on that the outcome of the American meeting will benefit the financial markets and the trends will be upward.
Continuation of BTC Bear Analysis 0.99-3.75% Decline 11 7 2022If you love the spot-on analysis done so far, please boost, share, comment, and follow for more.
Analysis:
This is a continuation of the previous analysis from a few days ago. We pushed up to potentially liquidate some leverage position, and now we are back on the predicted downward trend. One thing that I noticed was this prediction held strong for ETHUSDT more than it did for BTC.
We should expect anywhere between 0.99% to 3.75% decline from here with a potential for more.
Baseline Information:
The strategy used for this analysis takes into account the following factors:
Timeframe: 3min and 5 min
Symbols: BTCUSDT , ETHUSDT , BTCDOWN, and ETHDOWN
Exchange: Binance
Indicators: For obvious reasons, precise indicators names can not be provided, but this analysis makes use of VWAP , moving averages, and Fib charts.
Chart Count: 8
Disclaimer:
The information and publications are not meant to be or constitute financial, investment, trading, or other advice or recommendations.
BRIEFING Week #45 : Still some Incertainty in the short-termHere's your weekly update ! Brought to you each weekend with years of track-record history..
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Phil
BTC Detailed Top-Down Analysis - Day 98Hello TradingView Family / Fellow Traders. This is Richard Nasr, as known as theSignalyst.
98 out of 500 days done.
I truly appreciate your continuous support everyone!
Let me know if you like the series, and if you would like me to change or add anything.
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
BTCUSDT/BTC The sleepiest currencyThe analysis we did for Bitcoin was done with several technical analysis methods. In my view, Bitcoin should have a style for the $20,300 area and after that we can start an upward trend, but the main upward trend will not start for now and our upward trend It will be in 2023, so please be careful in your trades and market whales can cast doubt on you.