btc intraday trading plan btc looks to be heading downwards again with the reference to the market structure plus the price of 24442 is the 100% fib level and if the latest fib is drawn it will meet for tp 1 at the price of 22596 it is the 61.8 fib level
and now btc is forming a bearish channel or bear flag it is a continuation pattern
anything can happen in the market so stay careful!!!!!
BTC-USD
BTCUSDT Potential for Bullish Continuation | 29th July 2022On the H4, with price breaking the descending channel, moving along the long term ascending trendline, and moving above ichimoku indicator, we have a bullish bias that price might rise from our buy entry at 24700.55, which is in line with the swing high and 61.8% fibonacci projection. As the price has broken the 50% fibonacci retracement, we could expect the price rise to our 2nd take profit at 25801.92, which is in line with the -27.2% fibonacci expansion. Alternatively, the price may drop to our stop loss t at 22846.38, which is in line with the overlap resistance. If the price continues going down, the price may drop to the support at 20835.58, where the pullback support is.
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Bitcoin Short-Term Buy to 23kAfter the recent drop from 24200 to the major support level at 20700, bears have failed to break it down and respectively BTC has bounced back up from 20700. It looks like bulls will try to take 24k again. Stop Loss should be below 20700 and TP before the resistance at 24200.
BTCUSDT Potential for Bearish Continuation | 26th July 2022On the H4, with price breaking the bullish trendline, we have a bearish bias that price may drop from our sell entry at 20912.93, which is in line with 61.8% fibonacci retracement to take profit at 20003.94, which is in line with the 78.6% fibonacci retracement. Alternatively, the price may rise to stop loss at 21725.98, which is in line with 23.6% fibonacci retracement.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
BTC/USD - weekly Analytics + Altcoins 25.07.2022At the moment bitcoin is in the correction phase to the momentum, which originated on July 13, 2022. It is a counter-trend movement, but according to our expectations it should not change it, the upward momentum will confirm this idea.
Altcoins:
Tron continues to be in a consolidation phase, which is positive for future growth, often after such consolidations strong impulse waves are formed, we still see prospects for growth in this coin.
btc/usdLooks literally same like scamp pump last week ... sunday dump till wednesday scam dump on cpi reports than pump all week ... next wendsday is fomc so i bet they will dumping it till fomc report and than scam pump .. there was also strong corelation with traditional markets and they looks bit bearish so theres a option btc will follow again .. also options for 29 july are pretty bullish imgur.com
BITCOIN BTC USD : BITCOIN ON THE 4 HOUR LOOKING BULLISHI am going to post some lower time frame analysis starting today, since most of my analysis are MACRO and super long term. If you appreciate my work please LIKE, FOLLOW, AND COMMENT BELOW. THANK YOU
We are looking at Bitcoin on the 4 hour, and its looking quite bullish to me. MACD and STOCHRSI are moving up, and price action is above the 50/100/200 SMA's. A move to $24,150-$24,350 before a small pull back to about $23,600. At the pullback around $23,600 we should bounce strongly and complete the move to the upper resistance of the expanding wedge around $26,000 An invalidation to this would be a closure below $22900 on the 4 hour and would initiate a move to next support at $21,300 to $22,000. A closure above the resistance around $26k on at least a 4 hour would initiate a move to $27,300 to $28,400. At that time we will re-evaluate and see if BTC goes for the full move to $31,000. This is not trading advice this is just my opinion. Thank you
BTCUSD dump !!After that btc came out of S&D zone and break the supply , after a short term pump move, I think its time to dump for btc .
price now test 23000 and going for the retest if retest it and confirm the bearish move first and next target for btc is 21500
another point (DXY move can be a affirmation for dump for btc , and for DXY in 1h its looks like it make three strike candle but its too soon to say that it didn't complete the last candle after that we can say that its a three strike candle)
BTC BITCOIN USD: LINE BREAK CHART SHOWS REVERSAL! ALL ABOARD!IF YOU APPRECIATE THIS CONTENT, THEN PLEASE LIKE AND FOLLOW ME FOR MORE ANALYSIS AND UPDATES CONSISTENTLY. COMMENT BELOW AND LET ME KNOW WHAT YOU THINK ABOUT BTC.
BTC is about to take off. This recovery is a beautiful V shape recovery. Too many are still waiting for lower lows, and the market is going to do the opposite. There will for sure be a nice long washout but thats not until about 40k I believe when we may dip down to about $25k again then continuation straight up. I would hate to see so many miss the train, but cant say I didnt tell you so. Good luck out there. This is not financial advice this is just my opinion. Thank you.
BTC/USD BITSTAMPBTC/USD BITSTAMP
1D hollows
Price movement inside Falling Wedge during downtrend.
Once price break out this pattern, new TA is needed.
A major support area shown as horizontal line.
The Resized Bar Pattern shows a possible price movement.
High Volume.
BTC = $19,231.94 +0.16%
ETH = 18.10 -0.62%
Market Cap: $868,717,671,936.835
24h Vol: $42,673,455,962.29
Dominance:
BTC: 42.2%
ETH: 14.8%
Good Luck
#CryptoHellas Team
BTCUSDIdentifying the bottom with MA 's. Check my previous analysis using WEMA.
Both charts looking the similarly.
We have some signs that the local bottom was in.
We can forecast with more accuracy by using historical data.
It doesn't matter if it's the absolute bottom or the absolute top.
Is important to not loose money. Any percentage above 0 is just fine.
BTC/USD - weekly Analytics + Altcoins 18.07.2022At the moment, the price consolidation is fully formed by the current impulse breakdown, the false breakdowns at its lower boundary indicates that the big players were actively buying bitcoin at an average price of 20,500, this indirectly indicates an incipient long-term rising trend, an excellent confirmation of this idea will be the price climbing to the area of 25,000.
Altcoins
Tron is approaching its upper diagonal resistance boundary, its breakdown will confirm our expectation of further long-term growth.
BTCUSDT to the 22.5k? 🦐BTCUSDT on the 4h chart is trading in an ascending channel below a daily resistance.
The price on the first trading hours is moving to upside below the 22k level.
How can i approach this scenario?
I will wait for the US market open and in the case the price will break above i will look for a short term long order according to the Plancton's strategy rules.
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
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Follow the Shrimp 🦐
BEARS BE LIKE "CHECK OUT THIS PATTERN I FOUND SHORT SHORT SHORT"PLEASE FOLLOW, AND LIKE IF YOU APPRECIATE THIS CONTENT. COMMENT BELOW AND LET ME KNOW WHAT YOU THINK, I APPRECIATE ALL PERSPECTIVES / COMMENTS AND REPLY TO ALL. THANK YOU
Man I feel like the bearish targets keep getting lower and lower. Its like a competition with them, so I made my own, so far mine is the lowest that makes me the coolest Bear in the forest. :)
This is not financial or trading advice. I am actually bullish on Bitcoin if you didn't get my humor.
BTC BITCOIN USD : HOLD ON TO YOUR HATS, GOING UP! BTC MEGAPHONE!FOLLOW, LIKE, AND COMMENT BELOW IF YOU APPRECIATE THIS CONTENT. THANK YOU
BITCOIN Is in a clear Megaphone pattern. I believe the pattern is bullish and in continuation of the MACRO uptrend. On the fifth touch at around $80k at the end of this year we will see if Bitcoin can break through the top line of the megaphone and blast to $200k plus! This pattern playing out is picture perfect to me, and I think we will see new all time highs by Q4 of this year. Don't fall for all this bearish BS about recession, interest rates, inflation, blah blah, its all a crock of shlt. Look at the charts and have a plan, and avoid being pulled into all the FUD. Bitcoin is going to melt everyone's face! The picture and text inserted into the picture is not my own, I copy and pasted from ELEARNMARKETS. This is not financial or trading advice this is just my opinion and what I am doing. Good luck out there.
BTC/USD - weekly Analytics + Altcoins 04.07.2022There is a key consolidation range formed in bitcoin between the levels of 19,850 - 21,150. If buyers manage to "drive" the price above resistance, it will open the way to the growth of quotations around $25,000, the drawing of impulse movements in bitcoin now is the main moment to enter a stable rising trend.
Altcoins
Tron formed a false breakout from the lower diagonal boundary of a potential triangle, at the moment it looks stronger than the market and has already separated with bitcoin, a strong confirmation will be the growth in the area of 0.08.(also we expect the formation of confirming growth waves)