Btc-trend
BTC/USDT NEW ENTERY TO 65k+BTC has a signal long-term breakdown trend but is still able to make a new entry to 65K again since the trend still has not made the confirmation of the breakdown trend.
Can BTC have a new volume that will bring BTC to 65K again?
This is exactly what we will follow in the coming time frames.
The best studies are made with the moment live data follow.
At this moment the data shows there is a good possibility, to confirm this we should follow the trend with time since it can change.
The key is to change with the trend and to expect nothing from ourselves, only what the data shows.
The momentum data shows positive BTC from 59k
BTC - Are You Ready?📈Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 BTC has been overall bullish, trading within the rising channel in blue.
Currently, BTC is undergoing a correction phase and it is currently approaching the lower bound of the channel.
Moreover, it is retesting a structure in red.
🏹 Thus, the highlighted blue circle is a strong area to look for trend-following buy setups as it is the intersection of the red structure and lower blue trendline acting as a non-horizontal support.
📚 As per my trading style:
As #BTC approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
BTC ON WAY TO 68KThis is a small time frame update with the possibility we are going to see BTC soon to $68
BTC should hold the 61K level with confirmation.
For day traders , BTC can change more times per day per time frame up and down.
This update is more for trend choice trend.
This update is a trend view and finance advice.
BTC DAILY UPDATE TIME FRAMEBTC NEW daily Time frame update.
BTC seems to enter a new green time frame trend for the low time frame.
This time frame expects shows for the low time frame green view for BTCUSD.
This is not a long-term view but a low-time frame daily view which could change when the trend gains a new range.
BTCUSDT changes with time frames UP and DOWN the key is to be consistent and to manage the risk for daily traders. There is no guarantee in the markets, in the end, the trend can go all sides. good study(system) and the right risk management give it an edge.
HelenP. I Bitcoin will make small correction and then start riseHi folks today I'm prepared for you Bitcoin analytics. A few moments ago price declined to support 2, which coincided with the support zone, and started to trades near this level. Some time ago BTC broke this level and declined to lower even the support zone to the trend line, but then the price turned around and started to grow. In a short time, Bitcoin rose to the support zone, where later it broke the trend line and soon support 2, after which the price rose higher than the trend line too. Next, the price continued to move up between the trend line, and last time it fell below, but soon turned around and made a strong impulse up, breaking this line again and later reaching support 1. Soon, BTC broke this level too and rose a little higher, but a not long time ago it fell a little and now trades close to support 1. So, I expect that Bitcoin will decline a little lower than support 1, after which the price can turn around and start to move up. For this case, I set my goal at the 67000 level. If you like my analytics you may support me with your like/comment ❤️
BIG PLAN about BTCAlthough it is thought that we have left the bear market and entered the bull market, BTC does not yet seem to have achieved its normal correction level at the required percentage.
When we examine the LP and OTH focused fib retracement ranges based on the Rising Wedge phenomenon related to the Bear Flag formation we are in, it becomes clear that the correction has not been fully realized.
Currently, our strongest support level appears to be the 50-week simple moving average, which runs parallel with the Rising Wedge support trend.
When SMA 50 breaks, we can expect a very deep decline.
BTC cant make up its mindSteadily creeping upwards for months now. BTC has hit the major level around 30k.
This resistance level is psychological (30k), it is the support we found in the summer of 2021 and it is also a .618 FIB level from the top of 2017 to 2019 bottom.
On the weekly BTC has been in an upwards trend (gray trend lines)trading above the Bullmarket support band.
There is a chance we crab more here and pop out to the upside which i believe will lead to 33k first and then 38k. Before that 27k not out of the picture. Break 26k and we see 22k.
Personally i think BTC will ultimately scoop the lower levels near 20-22k but first we need to trap more fomo longs, so move up to the 30s, trap longs, then blackswan/crash before halvening as is tradition.
"Everything is under control, sound correction."Hello Crypto community! Whenever a large red candle appears, fears arise and the ghost of (we're going to zero) becomes relevant. Well, for that we have various technical and fundamental tools that help us in the difficult task of trading.
We see in the daily BTC chart a price rejection zone between 30k and 31k, which could be due to bull exhaustion, short selling orders, and profit-taking from those who bought at 20k and 25k. The support levels to consider are:
26621 K
25267 K
23914 K
This is not investment advice, happy trading and profits!
MaticUSDT4Hr time frame:
Matic is likely to face resistance and it is stong pattrens are about to complete..use strict stoploss and new entires shoud be after breakout
short position is likely to be activated.
Harmonic also near to completion.
Let the odds in our favour;
Do comment and reviews and feedback are welcomed...
BTC: what does he allow himself?Good evening, colleagues!
Overview of BTC.
The trend is globally downward. Now the price is in a corrective movement.
My opinion, after today's local growth, the price will continue to move up.
Targets for growth 17 200$, 18 200$ and possibly 19 500$!
Reasons for growth: liquidity overlap, last week's high update and weekly FVG zone test!
Good luck everyone and have a great evening!
BTC at the moment :Since October 26 until now, the price has varied between $20,000 and $29,500, with respect to the areas highlighted in the image. the price will go down to 20000 $ resist it or breaking it to the downside reaching 19350 $ as last resistance, for this to happen the price must break the last support shown in red, it will return to 20000 $; if the price tests the last resistance shown in red, it will break 20950 $ and rise and continue going higher . There is a big divergence on the RSI indicator as the price reaches the support of the price range. We must wait for the price to break previous lows.