Btc-short
I would like to see $85k before $118k Look, you guys are morons. You are all full porting bitcoin right here so despite the logical next move being $85k i think its possible the demand is simply too strong and we must go straight up. However being rational, every star in the sky has aligned for a retest to 85k.
If we can go to 85k it will sufficiently reset the RSI to such a level that the spring will be insane, i think we will cross 100k so easily it won't even have much resistance.
Logically, i think we go to 85k, but irrationally i think bottom could already be in because the demand is simply too strong. Let's see how hyped everyone is.
Continued bearish scenario for BitcoinIn the daily time frame, as we expected in the weekly analysis, we see the formation of a reversal candle with the appropriate volume to change the upward to downward trend, and also the level of 66600, which was the last level for daily support which we say 3candle formation , has been engulfed and the price has penetrated into it, which indicates the passage. Supporting it in the next encounter is clearly visible in the 4-hour timeframe
In the 4-hour time frame, we have a change of charector and a downward range has been formed, which in the 1-hour time frame, by leaving the ascending wedge pattern, this range is placed below the 4-hour block breaker and the daily key level, which can be confirmed in the lower time frame. Enter the short trade if it is shown in the 15 minute time frame
BTC TO 45-43K BEFORE MAKING NEW ATH COINBASE:BTCUSD BINANCE:BTCUSDT
Hello everyone. Bitcoin is trading in a bearish channel. I have left alot of indicators and other chart things off to keep it clean and show my main points. But remember we are in a wave 4 of 5 and have not hit the retracement target yet.
Prices always move back toward equilibrium. As you can see on the chart in purple. This lines up nicely with the 1.618 and 1.786 fib extensions of the swing low to swing high. It also intersects with the base channel which is a typical wave 4 target. Wave 4 typically hits the top or middle base channel. The fib extensions line up nicely with the mid channel. This creates a significant area of interest and a likely spot to land before making a new ath.
If you disagree with me please use data and examples and not emotions. Thanks everyone!
Short idea on $BTC In the local setup, I see a good opportunity for execution, with a risk/reward ratio of 1 to 5, which is very favorable. However, the risks here are quite high, so I will enter with a small portion. Reasons for entry. Based on the structure, it’s clear that we are retracing to 0.382 or 0.618 and then heading down. You can check this yourself. Since my portfolio is long, I won’t have any significant losses. If we drop, I’ll reinvest part of it.Reasons for entry. Based on the structure, it’s clear that we are retracing to 0.382 or 0.618 and then heading down. You can check this yourself. Since my portfolio is long, I won’t have any significant losses. If we drop, I’ll reinvest part of it.
BTC will fall !?Hi guys, hope to enjoy ur time.
At first I should say BTC will never touch again 73k resistance.
First of all bitcoin is going to fall till 57k support then start a trend.
(1):BTC will start a strong bull trend ( u can have some oscillation but remember the major trend id bearish ) and bull trend will stop when the price touch 64k resistance.
(2):when the price touched that resistance we will wait for a pullback and we waiting for second leg >
(3):when the pull back is complete, we will start second leg ,but don't forget that : second leg isn't like first leg and we have weakness momentum and last resistance is 66k and will dump from there. remember to be brave at this point.
(4): due day. A time for dumping and it is last high of BTC. two leg is complete and it is time to sell!!
(5): enjoy from dumping. if u are a pro trader u can open the short position at the prior point
it will dump till 48k but in my opinion it will going to 30k (in long term). don't forgot to follow me and boost this post>
comment ur idea.
BE HIGH,.
Btc chart bearish trendsBtc shows as going to 52K area were it will decide if it will take the next leg up back to 64k or the next leg down to 30k, with extensions to 13k and even 3.8k.
In order to break out of the bearish zone it needs to go on top of the red line and use that as support. so till than the chart is bearish
#BTC/USDT CHART ANALIYSIS !!Hello friends, welcome to this BITCOIN update from Crypto Sanders.
Hello dear traders, we are new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer all, thank you, guys.
The chart shows that Bitcoin is currently in a resistance zone marked by a horizontal band.
The red arrow suggests an anticipated downward movement.
Yellow line: This probably represents a short-term moving average.
Purple line: This probably represents the long-term moving average. The head and shoulders pattern generally signals a change in trend from bullish to bearish. If Bitcoin breaks below the neckline (the support line connecting the bottom of the shoulders), it could signal a significant price decline.
Pay attention to potential support levels where Bitcoin may find temporary stability. These are often previous resistance levels or moving averages.
Keep an eye out for wear below the neckline. If this happens, it could confirm the bearish trend.
Consider setting up a stop-loss order to protect against significant losses.
The chart shows that Bitcoin is at a turning point.
Feel free to reach out for further analysis or updates!
Remember:-This is not a piece of financial advice. Stay tuned to us for further updates and analysis. Thank you!
BITCOIN : SHORT ENTRY FOR THIRD RETRACEMENT BEARISH RUN : SELLAs indicated in the title, this is the third installment in my experimental, purely for shirts and giggles, BTC predictions..
// Trade signal details at the bottom.
Find the previous two here:
Entry given: $46075
Target: $39288
Result: $38590
Signal Accuracy:
Predicted exit price: $39288
Actual bottom price: $38590
Actual difference: $698
// Percentage Difference = Predicted Exit Price/Actual Difference ×100
Percentage Difference = 39288/698 × 100 ≈ 1.776%
SIGNAL ACCURACY: 98.224%
Here's the post:
/ / / / / / / / / / / / / / / / / / / /
So here's the trade details:
Entry: $41868
Exit: $34350
Bitcoin(BTC): We Are Getting Ready For Dump!New Week is here, and after a nice yearly closing, we see price has now made any significant attempts to secure $45K zone, which means that traders are not feeling anymore, so it is safe to push prices further as of now!
With that being said, we actually see a potential movement towards that $45-48K zone, but that would be the maximum where price could go. After that (or even from the current market price), we can see a very sharp liquidity sweet (long squeeze), which can lead the price to as low as $26K or even lower!
Swallow Team
BTC Bearish CypherBTC keeps putting in lower highs on the 4h timeframe. To be bullish we want to start by putting in a higher low than the last at 41.6k, then eventually breaking the last high at 43.8.
This is for a shorter time frame but it can't really be ignored. Lets see how we progress in the next few days, but we want to stay above 42k otherwise 40,600 is next and then 38,000.
For now we are not positioned in btc anyways, we want to keep btc above 42k so that alts can keep pumping.
Why Bitcoin may move down to 12.5k1.) The 50/200 day EMA are about to complete a death cross (the 50/200 day MA have already done so, not shown above)
2.) The weekly price action has formed a rising wedge
3.) Price stalled out at the first area of resistance, failing to reach as high as the candle close from July of 2021
4.) Weekly RSI has printed a head and shoulders pattern and looks like it wants to move down. Note that there could be an interim re-test of the neckline that provides a small rally before breaking down.
5.) 12.5k is the next area of support after losing 16.5k.
6.) Volume has gone down as price corrected, indicating weakness.
For Bitcoin to return to bullish, it needs to get back above the 50/200 day EMA and MA, and we should see a strong reaction following the death crosses that quickly cross back over.