BTC-USD
BTC/USD - weekly Analytics + Altcoins 01.11.2021Bitcoin is in a correction phase from 20.10.2021, confirmed by a false break from the level of 62.830. We expect the continuation of its formation, the potential lows of the rollback will be tracked in the development. Investor sentiment is at optimistic levels, which also confirms our expectations for the continuation of the decline in quotations.
Altcoins:
We highlight TRON and TFUEL as the most promising coins to develop a sustainable rising trend.
BTC USD Time is on your sideTime is on my side, yes it is
Time is on my side, yes it is
Now you always say
That you want to be free
But you'll come running back (said you would baby)
You'll come running back (I said so many times before)
You'll come running back to me
Yeah, time is on my side, yes it is
Time is on my side, yes it is
You're searching for good times
But just wait and see
You'll come running back (I said, don't worry darling)
You'll come running back (spend the rest of my life with you, baby)
You'll come running back to me
Go ahead baby, go ahead
Go ahead and light up the town
And baby, I do anything your heart desires, remember
I'll always be around
And I know, I know
Like I told you so many times before
You're gonna come back
Yeah, you you're gonna come back baby
Knockin', yeah, knocking right on my door
Yes
Time is on my side, yes it is
Time is on my side, yes it is
'Cause I got the real love
The kind that you need
You'll come running back (I knew you would one day)
You'll come running back (like I told you before)
You'll come running back to me
Yeah, time, time, time is on my side, yes it is
I said, time, time, time is on my side, yes it is
I said, time, time, time is on my side
Genuine Question - BTC vs InflationRight, @TradingView community; I want to test a social experiment!
I am asking the question as really curious to the opinions; good or bad, bearish or bullish. Believer or not.
So I have read a lot about the monitory polices and inflation. A lot I have read talks about Bitcoin and inflation - But I want opinions on why It will, can or maybe won't beat inflation. Share your opinions, suggestion.
Clean, good and interesting conversation and comments welcome.
Explain, validate and back up comments. Lets see who got what?!
Disclaimer
This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
BTC/USD - weekly Analytics + Altcoins 25.10.2021At the moment the price is correcting to the descending impulse from 20.10.2021-24.10.2021, the key level for the potential false breakdown is $62,800, if we see an impulse decrease under this level, the probability of the downtrend continuation will increase, the minimums of correction should be monitored during the movement.
Altcoins:
We select TRON and TFUEL as the most promising coins for the development of a stable growing trend.
On HIVE it is worth to fix profit, at the moment the idea of growth of the coin is not relevant.
Wait for the real support...Wait for it... then buy BTC at a discount. As you can see clear support at around 58k. No bear market. Just long term long. DCA if you are in red, DCA if you are in green. I Keep buying because I believe in BTC... no financial advise, but sooner or later we will keep going up. If you hodl no questions about selling that stuff is for traders. We just buy and hodl.
Btc next dip.Like everyone knows there is always a time when the trend will make a correction, and using fibonacci I'd say that we can clearly see where this is going, of course this is just an idea, but yes this is where I see bitcoin in the future, probably after reaching 50-53k will go up again, or maybe not, but let's wait and see how far this dip will go.
BTC long the gann line
This Gann line was just bought by me, we had it a few days ago as resistance, then closed above it with a 4h candle, last test before all-time high and then go.
Now we make the test on it, as it is with Ganns so I speculate that we bounce off here and at least run again the old ATH.
In addition, there will probably soon be the next buy signal from wavereader.
That is actually all there is to say about it
Have a nice weekend!
Feel free to follow me if you like my ganns!
Btc Wave Count Bearish.As I see the charts I'm trying to share kindly pay attention to these signs as follows:
1. RSI Divergence (Bearish).
2. Slightly higher than 100% target reached for wave c of b.
3. If it was wave 3 of a bullish count then it should have reached the minimum target 80k which would be at 1.618% to be considered as wave 3 otherwise it was wave 5 of 1 of 3 or just wave 1 and should go at least that means the minimum for wave 4 correction would be 32.8% which gives me a chance to go short with that much of rr but if that's just 1 finished of bullish then it should go at least below 50% or 61.8% that would be awesome indeed.
4. But if that was the end of wave c :o uh oh.... Holy cow.... Then 100% of the whole wave b would b vanished. I'm ignoring the fact that it can be an extended flat which gives me more than 100% target means sth lol. I'm counting it as a running flat expecting just the 100% which u can see on the chart above.
5. I've never seen volume in this whole move up supporting the price that's why I'd considering my bearish count and have been seeing the divergences since two weeks.. So.. Anyways.
6. I see support of the volume now. Considering the fall has begun already and have counted easily 5 wave on lower tf and at the time of me typing all this we have already began wave 5 of 1 or it can be wave 1 of wave 1 :o because this fall may be huge with extensions just like we saw extended wave c of b which may be ended as per my count.
7. I see low volume specially at the top while the price was climbing after breaking the ath which indicates that it was the end of wave 5 as wave 5 has no supporting volume.
8. Wave 1 also doesn't have volume but what's the point then if the volume of wave 5 and wave 1 is same? Lol it's a riddle for u hidden in there for u guys.
9. I'll be optimistic and i know wave 3 is where the volume shows and with the up correction after this wave 1 if still no volume support seen while price climbing up as wave 2 of 1 then it can fall as wave 3 or c even if the count went as wave abc opposing the bullish count which gives me at least 32% of the recent bullish wave recent ath.
10. I'm shorting it already and it's not a financial advice i repeat its just because i love charting and trading sharing my ideas to protect u from the pain even if u don't want to trade.. Please be very very careful.
11. The price is back after bullish channel fake breakout which is good for the sake of this count even better and I almost forgot to mention.. The price broke the trendline of last wave up impulsively in 1h and corrected as confirmation for more downside u can see urself.
Thank you so much.
BTC/USD FORMING A BULL FLAG ON MONTHLY CHARTTake a look on what I found it technically. Combine with on-chain data, we could see 70% probability this bull flag on monthly chart is possible. Stochastic Indicator has just crossed up also.
Maybe we have to go through one more correlation before the real bull coming back.
My next bull-run target for BTC is $104,000
This is not financial advise. DYOR.
BTC new weekly close ATHWith a close at 61 538$ BTC recorded a new ATH on weekly closure. This close is also above previous resistance which act now as a support.
60k to 58k should hold any consolidation for BTC to continue his trend with 1st target at 81.3k$.
MACD Weekly is still following the trend with BB still open, beside a negative news i don't see why price would drop, only a weekly close below the 58k$ mark would be negative and would put a hold to the current trend.
Too late imo to buy there as entries where well below but still good to keep in mind for buying opportunities in the rest of the market.
BTC/USD - weekly Analytics + Altcoins 18.10.2021At the moment investor sentiment is on the very optimistic levels and the upward impulse from September 21, 2021 is formed, which increases the chances that the quotes will go into a local correction. The targets are not clear yet, they are around $50,600.
Altcoins:
We single out TRON and HIVE as the most promising coins for the development of a stable growing trend.
We also see high growth potential in TFUEL coin
Waiting for retest and buy signal with BTCH1 time frame.
Structure: Uptrend.
After the bulls broke the 60000 resistance and returned to the test, the retracement was completed with the Key level at 61000 broken.
Wait for the price to return to the 61000 zone to confirm and appear a buy signal, then you can enter an order with BTCUSD.
The profit target is the 65000 zone.
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Wish you all have a good trading day!