Btcusd Bitcoin ready selling to 40k bitcoin is no doubt has a lot of potentials to go upside but remember anything which goes up must come back. bitcoin has not made any correction in this rally up. i am expected remember im expected it to go at least 35k down before any buy.
for me now bitcoin is very expensive to buy and also too soon to sell wait for a confirmation before selling it. "cheers"
BTC-USD
BTC USD (Chart From Anonymous friend In The Caribbean)It was the summer of 2016, I just arrived at the international airport of Curaçao and was on my way to Blue Bay for the holidays. Arrived at the Bayside Boutique hotel is was told their was an issues with my room due to a fire which happened a few days before my arrival. The hotel manager had some close friends who owned a hotel in Gran Roques (Venezuela) about 150 miles away and although at first I was quiet reluctant having to spend the holidays in Venezuela i finally agreed to stay at his friends hotel. Mainly because his friends were Dutch speaking, had a waterplane at my disposal and there was a small one lane airport in Los Roques at walking distance from the hotel. So i stepped on a waterplane in Curacao and went to Los Roque to meet the Dutch speaking owners at their hotel. A nice couple about 45 years old whom became good friends of mine. It was a bit odd seing their were only two other guest staying at the hotel but I didn't really cared anymore, I was so tired and just wanted to go to my room and rest. A few days later I met one of the other guests from the hotel on a diving trip and as we both speak Dutch it didn't took long to get along so we started to hang out more often. I remember one day we drank so many cocktails we were drunk AF before noon and he started to talk about Bitcoin whilst having lunch on the beach. I never even heard about BTC before that day so I was like hmm Uhm hmm yes, sure hmmm. He showed me the first chart I saw in my life and was telling me about how he could get killed just by showing this chart to me. At that time I thought it was the booze talking and that he was to drunk to know what he was saying but after two days he finally convicted me to buy some bitcoins (@500ish) and told me to hold them no matter what happens. I was sure AF I was going to get ripped because he was telling me that he and his friends had studied the market and were planning to redistribute wealth around the world. He repeatedly said his associates included some shady people and that he might get killed for sharing this information to me. At the end of my holiday we exchanged email to stay in touch and approximately 6 months later i got an email saying THANK ME LATER with a picture of the chart he showed me back then. Until this day I still don't fully understand the chart that according to him was "their plan" for redistribution wealth. I never got any email or reaction to my emails back after that. I'm still wondering what happened to him and I hope I get the opportunity to properly thank him one day. I've contacted the hotel owners but they told me he stayed about a year and then left. The chart above is not the actual chart that was send by my anonymous friend because I only got a picture of it but i tried to replicate it as much as possible and this wasn't easy due to dates and other stuff. ¡Espero tener noticias tuyas pronto y tener algunos cócteles conmigo hasta entonces, hermano!
BTC/USD - weekly Analytics + Altcoins 06.09.2021Correction that started on 10.08.2021 takes the form of a diverging triangle, which indicates a clear interest of buyers. The growing trend continues, there are no signs of trend reversal, the next important resistance is near $58,000. When this target is reached, growth may slow down and go into correction, then we will follow the development.
Altcoins:
We single out TRON and HIVE as the most promising coins for development of stable growing trend. (the idea is confirmed by local growth impulses)
$BTCUSDT UPDATE!!!!!Hi Traders,
A quick update to the last post on $BTC.
So we explained that there were 3 order blocks $BTC would have to test as resistance to decide its direction.
We opened the month strong and rejected the support zone it rejected several times to make a push higher into the above 3 order blocks.
At the beginning of its most recent impulse leg up and as it went into the first order block you will notice a large wick this is institution's pushing price to liquidate shorts, prices then filled up the wick as liquidity was gathered to pushing into and straight through the second order block to then continue its move higher and into the last order block.
Its likely we see a short correction to test past resistance levels and turn them into support for prices to then finally test the much larger order block sitting around $50,000.
Thanks
MS
⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️
BTC approaches importance key priceH4 time frame.
Structure: Uptrend.
The upside momentum is waning as the price approaches the critical resistance at 50000.
In the bullish case, a clear move, as well as important confirmation, is needed to avoid a false breakout as the current bullish momentum is very weak.
There is a high probability that the price will continue to move the Sideway between 46000 and 49000.
Here wait for the sell signals down to the 46000 support until there is a clear breakout and confirmation.
-----------------------------------------------------------------------------------------------
Wish you all have a good trading day!
BTCUSD Facing bearish pressure | 2 Sept 2021BTCUSD pushed higher and is now testing major swing high resistance. A short term pullback below our entry at 50491 towards our take profit level at 48027 could be possible. Stochastic is testing resistance where price dropped lower in the past as well
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 interests 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 Long-termTF: W
I think BTC price action could play out in a few different scenarios over the longer timeframe (1-2 years) outlook.
Scenario 1: BTC is currently approaching a broken level of support around $44,500, this also aligns with the 1.382 extension from the move from $~20k to~$3.1k correction. If this rejection occurs and acts like a ceiling and holds below these current levels, then I think price could visit the ~$17k to ~$21k before pushing it up to 2.0 extension. If price breaks out at that level, then I think price could move to the 2.382 or higher to test the trend line.
Scenario 2: BTC breaks out and breaks through the ATH and holds above (dashed line). I think price could move to the 2.382 extension levels.
Wait for confirmation signals and trading opportunities with BTCH1 time frame.
The price has consecutive low highs and lows confirming the downtrend.
However, the price is still holding firmly in the sideway from 46400 to 49400.
The 46400 price area is critical support. Here, waiting for a bullish signal again, price can move towards the target of 49400.
In case the falling price breaks this support level, it is necessary to wait for more confirmation that there is a mid-term downtrend.
-----------------------------------------------------------------------------------------------
Wish you all have a good trading day!
Buy BTCUSDThis is my last buy for BTC if this pushes down $46500, it's going to fall hard.
Pay attention to important levels like 50K that everyone is talking about, My projection is that It'll pass the 50K and then continue to 75K.
I'll keep this trade active until the very end... my trading style is very technical as some have noticed, but when it comes to Bitcoin we have to look at fundamentals especially rumors, I buy the rumor and they match with the way I trade.
Something big feels like it's going to come, but I think that's just my paranoid self lol
lmk if yáll have question or feedback.
I don't mind being wrong and I highly appreciate it.
don't use more than 3% per trade, have money to trade another day.
BTC/USD - weekly Analytics + Altcoins 30.08.2021Bitcoin continues to consolidate above the key support level of 46.250, further growth in quotes above 49.300 will increase the chances of quotes' ascent. Investor sentiment is quite high on optimism, this indicates the possible beginning of the correction, but does not mean that the correction will start from the current levels, as the rising trend is not yet broken, further we will monitor the situation in development.
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)
BTC/USD - weekly Analytics + Altcoins 30.08.2021Bitcoin continues to consolidate above the key support level of 46.250, further growth in quotes above 49.300 will increase the chances of quotes' ascent. Investor sentiment is quite high on optimism, this indicates the possible beginning of the correction, but does not mean that the correction will start from the current levels, as the rising trend is not yet broken, further we will monitor the situation in development.
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)
$BTCUSDT UPDATE!!!!!Hi Traders,
So $BTC prices have now made the push well into the the order block, giving us some more structure to work off. We are expecting a correction soon unless buy volume introduces itself and is able to break out of the current order block its in. If this is the case prices will make a push towards he next order block $54,000-$57,000. However if we do get a short term correction then we expect the smaller order block to act as first support where we will need asses the strength of the support zone for prices to push back up.
Thanks
MS
⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️
BTC/USD - weekly Analytics + Altcoins 23.08.2021Bitcoin continues to move in a unidirectional growing trend, the key support level is the mark of 46.700 dollars. At the moment there are no signals of trend reversal, the ascent of quotations continues. The investor sentiment is on the optimistic levels close to the maximum euphoria, but peaks have not yet been reached in our opinion, so we monitor the situation in development.
Altcoins:
We single out TRON and HIVE as the most promising coins to develop a steady rising trend. (the idea is confirmed by local growth impulses).
BTC/USD - weekly Analytics + Altcoins 23.08.2021Bitcoin continues to move in a unidirectional growing trend, the key support level is the mark of 46.700 dollars. At the moment there are no signals of trend reversal, the ascent of quotations continues. The investor sentiment is on the optimistic levels close to the maximum euphoria, but peaks have not yet been reached in our opinion, so we monitor the situation in development.
Altcoins:
We single out TRON and HIVE as the most promising coins to develop a steady rising trend. (the idea is confirmed by local growth impulses).
💡Don't miss the great buy opportunity in BTCUSD @bitcoinTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (46733).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BTCUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 64.
Take Profits:
TP1= @ 51232
TP2= @ 53410
TP3= @ 55439
TP4= @ 59526
TP5= @ 64793
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
$BTCUSDT UPDATE!!!!!Hi Traders,
So currently we're seeing the correction/pullback. On our last post we placed two order blocks as support and resistance zones to indicate which way $BTC prices would go. As you can see on this chart prices tested those zones as resistance and broke lower reaching $45,000 before pushing back up and testing the order block as resistance. Prices then came back down breaking the previous lower low at $45,000 to reach a new low of $44,000. As things stand prices a hitting resistance levels and failing to break, indicating that sellers are in control for now.
Pricing is now setting a new structure to test as support and resistance, for prices to carry on their selling off they will need to hold the smaller two zones seen on our chart as resistance. However if prices break the zones and come back down to test as support that will indicate to us that prices will push higher back towards previous confluence zones.
Thanks
MS
⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️