$BTCUSDT UPDATE!!!Hi Traders,
So a build up where we left off on our Youtube Crypto Market Update sent out earlier today.
Prices have made the impulse leg up over night and now correcting slightly but still holding bullish sentiment. Prices corrected to the 0.382 FIB level as well as grabbing liquidity from order blocks acting as support. Prices re tested the top of the impulse leg up and corrected back to the 0.382FIB for the 2nd time and now testing shorter term order blocks as resistance.
As you can see on the chart there is a larger order block just below which will act as next support and if prices can maintain this level we may see a bullish triangle form which would give us the breakout to the trend line above.
Thanks
MS
BTC-USD
BTCUSD | PUSHING TOWARDS THE UPSIDE WILL IT KEEP ITS STRENGTH? Hello Traders,
Having a look at BTCUSD at the moment we are seeing a nice push towards the upside it broke our 25-50 moving averages and it's dragging above our support.
We if we would want to buy this trade we would really have to think off the upcoming resistance level and the downtrend, there is space for a decent risk reward.
I would enter again if we get a nice bullish engulfing candle off the moving averages, or if the candlesticks move to support I would wait for a double confirmation before re-entry.
BTC | Squeeze pattern I would love to see a break before we BUYHello traders,
So currently BTC is on a squeeze pattern it attempted to break into a lower zone but was stopped out with a nice support zone.
However it's also trending towards the downside and usually, after a squeeze there is a HUGE break towards either side, I believe it's currently TOO RISKY to trade.
If the market would break through like shown on the graph then we could see a nice opportunity to buy!
BTC/USD - weekly Analytics + Altcoins 27.09.2021Zig-zag shaped correction from 07.09.2021 - 21.09.2021 with a high probability ended with a false breakdown from the level of 43.000$, the pessimistic sentiment on the price lows confirms this idea. Further we expect a hike to the $50,000 level with further overcoming it.
Altcoins:
We highlight TRON and HIVE as the most promising coins to develop a sustainable rising trend. (the idea is confirmed by local growth impulses).
We also see high growth potential in TFUEL coin
Waiting for the opportunity to sell with BTCUSDH4 time frame.
Structure: Downtrend.
After the price continued to down and broke the previous support at 43000, the price is now forming a triangle pattern, which is likely to retest the price of 43000.
To be safe with this pattern, you should wait for the price to rise and appear a false break at the price of 45000 and appear a candlestick pattern for sell orders.
The profit target is the old support zone at 40000.
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Wish you all have a good trading day!
Bitcoin Ready to Break History? - Short BTCUSDFrom my analysis, BTCUSD is about to make history. This Fall will be very historic (...I think).
Watch out and trade carefully.
This is not a signal, just an idea.
PPPDirhams.
Disclaimer: This is just my idea. Am not liable for the end results if adapted by anyone. Trade cautiously as there are chances that you will lose your investment..
btcusd double bottom, go long??!?looks like the double form pattern has passed the confirmation point and retraced with a bounce. macd is allowing divergence with a potential crossover to the downside however this showing off momentum is also needed for the pullback to confirm the double bottom.
i could see a further pullback to the 37-38k range i previously mentioned in an earlier post and this would confirm both analysis.
historically speaking, September is a down month for BTC and US stock markets and a further pullback in the coming week would be expected before a push to the end of the year.
btc looking strong. now is the time to BTFD
bearish on dot for trade I am looking at this 15 min chart and thinking we will see dot hit $26USD again before we continue on the full bull run again. if this is the case my long positions will execute and I look to settle them within 12 hours and take 10%.
this is not financial advice just an idea I am looking to do.
BTC continues to strong downH4 time frame.
Structure: Downtrend is confirmed.
The price broke strongly the support level of 43000 and created a new bottom, but consecutively long-tailed candlestick signals refused to drop.
The possibility that the current 43000 price level is already a resistance will have another retest and a sell signal to continue with BTC.
The next downside price target is the 38000 zone.
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Wish you all have a good trading day!
21 Sep: Key levels to watch on BTCUSDHi everyone, BTCUSD is sitting on a key support level now in line with the 78.6% retracement where we could see further upside to test its resistance zone at 57500 before a reversal. That said, a clear break above the 45000 resistance zone on the H1 time frame is needed for the bullish confirmation. A break below this key support level could see prices push lower with 31000 as the next target.
BTC/USD - weekly Analytics + Altcoins 20.09.2021The key level of 42.800 has been broken through. With a high probability this very level will be the impetus for further growth of bitcoin. The general trend remains growing, in our view, the continuation of strengthening of quotations is only a matter of time, impulsive unidirectional growth waves will confirm this idea.
Alts:
We single out TRON and HIVE as the most promising coins for the development of a stable growing trend. (the idea is confirmed by local growth impulses)
We also see high growth potential in TFUEL coin.
$BTCUSDT UPDATE!!!Hi Traders,
So we got the much anticipated sell off that we spoke about on our last post. Price fell and broke through the order blocks acting as support perfectly.
As this has been a large sell off we will want to see a strong rejection of support, giving us a large wick and good amount of buy volume compared to the average overall volume.
The grey zones are order block that will be acting a s short term resistance and we have another large order block below that price may still come down and into. This week looks like it'll be a sell off week.
As always please don't forget to like and comment on our posts, it helps us a great deal and helps keeping these updates free!
Thanks
MS
Incoming pump: Are you ready for the breakout?Get set for a massive gain from this pair.
Zoom out the chart on 1D TF and see the prolonged accumulation.
IMO, it's breaking the descending triangle to the top.
Buy now or miss the pump.
Short-term Sell Off Potential @ BTCUSD - Bitcoin vs Dollars?BITSTAMP:BTCUSD
i have placed Sell limit orders on BTCUSD aiming for 105k pips.
I would like price to nicely touch the upper bounds of the channel again before i confirm exposing my capital to the risk.
PPPDirhams.
Disclaimer: This is just my idea. Am not liable for the end result if adapted by anyone. Trade cautiously as there are chance that you will loss your investment.
BTC/USD - weekly Analytics + Altcoins 13.09.2021Bitcoin is consolidating locally to the descending impulse from 07.09.2021, after the consolidation completion we expect the growth to the area of 50.000 USD, then with a high probability the price will go down to the level of 43.200 to form a false breakdown. After its drawing the long-term ascending of quotations will continue.
Altcoins:
We single out TRON and HIVE as the most promising coins for the development of a stable growing trend. (the idea is confirmed by local growth impulses)
We also see high growth potential in TFUEL coin.
Bitcoin in MASSIVE trouble! Another massive move to the downside could be coming in the crypto market as BTC price has failed to break key level 47000 this week, touching on and rejecting it as resistance the previous 3 days indicating that bears are strong and will push price lower.
I am favouring a push down to 42800 and possibly a lot lower if this support level breaks, 29000 would then be my target in the way of support.
Just to clear up, i am not against cryptos but i am just telling you my analysis based on what the charts are telling me! The markets feed us all the same information but we all get such different outlooks and outcomes, this is what makes trading so interesting.
I hope my analysis has helped you :)