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BTC-USD

BTCUSDT UPDATE!!!!!Hi Traders, So on the most recent leg up we saw prices find some sensitivity in the markets as prices edged closer to the order block where a rejection occurred and prices pullback with a follow up of a new lower high. Currently we are now seeing prices going back up to form a new lower high at the order block which lies between the the 0.618 and 0.786 FIB levels. We will watch prices as it completes the new lower high within that zone for a potential pullback to the 0.382 fib level where then prices go up to the top order block where R1 pivot lies and the 100MA 4HR can be seen. If this series of events occur then we can expect prices to push back up and look bullish again. However, if we fail to create new higher highs not he 4HR then we will look for prices to tap into more liquidity at the lower 2 zones for prices to then go back up. A lot of money has been pulled out of the market and there needs to be a period of time where liquidity/positions are built up for prices to go back to their normal bullish motive. Due to the recent event where we have seen such a huge sell off we will need to keep in mind that we could see a big rise in prices for the institutions to trap LONG traders in the market and give the perceptions that the market has recovered to then push prices to create new lower lows on the higher timeframes. As always if you enjoy the content don't forget to click the like button and make a comment on your opinion. Thanks MS
by Market-Snipers
BTCUSDT UPDATE!!!Hi Traders, So on the most recent leg up we saw prices find some sensitivity in the markets as prices edged closer to the order block where a rejection occurred and prices pullback with a follow up of a new lower high. Currently we are now seeing prices going back up to form a new lower high at the order block which lies between the the 0.618 and 0.786 FIB levels. We will watch prices as it completes the new lower high within that zone for a potential pullback to the 0.382 fib level where then prices go up to the top order block where R1 pivot lies and the 100MA 4HR can be seen. If this series of events occur then we can expect prices to push back up and look bullish again. However, if we fail to create new higher highs not he 4HR then we will look for prices to tap into more liquidity at the lower 2 zones for prices to then go back up. A lot of money has been pulled out of the market and there needs to be a period of time where liquidity/positions are built up for prices to go back to their normal bullish motive. Due to the recent event where we have seen such a huge sell off we will need to keep in mind that we could see a big rise in prices for the institutions to trap LONG traders in the market and give the perceptions that the market has recovered to then push prices to create new lower lows on the higher timeframes. As always if you enjoy the content don't forget to click the like button and make a comment on your opinion. Thanks MS ⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️
by Market-Snipers
5
BTC/USD - weekly Analytics + Altcoins 31.05.2021Investor sentiment continues to be at pessimistic levels, which indirectly indicates the possible beginning of the growth of quotations. Now regarding the technical picture of movements, we can highlight two key resistance levels of 36600 and 40000, overcoming these marks will significantly increase the chances of further Bitcoin rise. Overall, the situation looks stable and we see the current graphical movements as players' interest in buying. Altcoins: We highlight TRON and HIVE as the most promising coins to develop a steady rising trend.
COINBASE:BTCUSDLong
by Yosu_Fund
Complete Market Cycle x BTC Part 9 Possibly the most prolific take on the future of the coin given the current, controversial period of its existence. Here we see a complete market cycle based on the Elliott Wave theory. The layout is limited to primary and intermediate waves only with exception to the emphasis placed on the leading diagonal pattern. The motive VS correctional distinction is also highlighted with 5 intermediate motive waves as well as 3 intermediate correctional waves. The price right now resides in a symmetrical triangle biased to a reversal with a possible false breakout - nothing further than 28k. Thus I strongly believe the 3rd wave of the primary cycle shall follow, taking Bitcoin to new highs and to the moon !
BITSTAMP:BTCUSDLong
by UnknownUnicorn4565572
BTCUSDT UPDATE!!!!Hi Traders, Currently prices are testing support and resistance levels and creating higher highs and higher lows. Price came down to tap into more liquidity at the bottom zone and has rejected as support followed by a push higher in prices. We're currently within a confluence zone, if we can get a break into the top zone with a close above the middle zone followed by a confirmation candle which presents itself as a rejection candle with wick to the downside it will give us the indication that prices will push higher. If we do not see this occur then prices will look for further liquidity further down. As always if you enjoy the content don't forget to click the like button and make a comment on your opinion. Thanks MS ⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️
by Market-Snipers
2
BTCUSDT UPDATE!!!!Hi Traders, BTC has started its rebound/pullback phase so we should see prices continue pushing higher. Its currently tapped into liquidity at our confluence zone, we will watch prices closely from here with. We will want to see a break of the current zone with confirmation of past resistance turn support for the continuation in prices to push higher towards the next zone above. As always if you enjoy the content don't forget to click the like button and make a comment on your opinion. Thanks MS ⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️
by Market-Snipers
Short Term trade Idea for BTCUSDLooks like we're making a break out of a descending wedge and broke above our 21 EMA on our short term 4hr chart. This is looking like a trade setup, the better option is to wait for a better entry if we can make a test for a Higher Low. We are currently holding 21 EMA support, so as long as that hold, we will most likely slowly creep up to test 45-50k. Our first area of resistance is 40-42k. Take Profit near top of pink channel so it all depends on how long it takes for us to get there. The reason why I make this a short term trade is because if we go on the longer time frame (1 Week Chart), it look's like we have maybe this week or next week to go up and test 21 Weekly EMA(yellow) as resistance. If resistance is strong then we'll most likely head down to test 81 EMA(purple) which sits at upper 20k. And going to our 1 Daily, we are hitting oversold on our RSI. So I expect us to make a rebound to test 21 Daily EMA(yellow) which also happens to sit around 45k. Overtime 21 EMA will lag lower and lower from this point on until we make it above it.
COINBASE:BTCUSD
by Detective_Conan
BTCUSDT UPDATE!!!!Hi Traders, So we're currently seeing a nice pullback with increasing buy volume. We will be looking for a rejection of either the middle or top confluence zones for then price to come back down and potentially tap back into the liquidity at the bottom zone. However we will look for a potential rejection of the 0.382 once it reached the middle zone for price to continue up towards the top zone. All in all we will sit back for now and watch price action to give us more of indication on where price will move to next. As always if you enjoy the content don't forget to click the like button and make a comment on your opinion. Thanks MS ⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️
by Market-Snipers
1
Bitcoin - Buckle UpGood evening ladies and gents, It's been truly interesting these past days for me. I wasn't around for the past two bullruns and couldn't participate in the shakeout of week hands before capitulation. From my studies BTC shook the weak hands before the ATH of 1,163 and also shook weak hands on that drop from 4,765 to 2,972 before taking off to 19,666. OBV here shows an interesting story and a strong support line never broken before. Also it can be interpreted as a huge ascending triangle and would take a long time to develop. If you follow the numbers you will see that from the breakouts to the shakeouts, buying climaxes to selling capitulation the story repeats. One could never make a flat statement, so I cannot say this is it for the drop. But I can saw that we have a strong line of support and we most likely are experiencing a shakeout of weak hands and retail traders before taking off big time. Only time will tell, and later I will touch base again about it. Trade safe, but trade thirsty my friends!
BITSTAMP:BTCUSDLong
by mr_willmedina
7
BITCOIN - TARGET HS FORMATION - V BOTTOM - SEE IT HERE!Dear traders, A quick update for Bitcoin with some extra information besides my previous analysis. The leader of the cryptos that drives everything needs to be constantly monitored in this situation because Bicoin dominance broke a longer down trendline which is not good for Alt coins. Here we look at the 30 minutes chart of Bitcoin BTCUSDT and you see we have formed a V BOTTOM but at the same time also a reversed Head shoulder formation visible. There are more patterns like a Bullish Bat which all point to the same direction. We have positive divergences in RSI and other indicators and there is also a bullish pinbar. (see that in previous analysis of Bitcoin) A lot of bullish factors and the targets point all to 50 to 51000 USD. This is a first target and it can become more as more price is formed and new structures become visible. My idea is that all stops that were there have been hit and all sellers have sold so we have a much better chance of a price recovery. Price recovery can be very powerful. Look at my previous analyses where I calculated the situation in 2018 and compared it to now. History in TA repeats itself constantly. Because the neckline of the reversed head shoulder formation is close to the downward trendline the safest thing to do is to go long after breaking the trendline with good volume although I am already LONG. In case of a break-out, you need to place a stoploss below the last low and of course not to risk more than 1% per trade to protect your capital. ----->> Traders please follow me for updates and if you give me support with a like 👍 then that will motivates me a lot to continue 💚 - Thanks you in advance guy's! <<----- Safe and happy trading!
Long
by PegasusTechCharts
8
BTCUSDT UPDATE!!!!Hi Traders, So currently we've seen push lower to the 200MA which we spoke about acting as support on our last post. Currently we're seeing increased volume at this level which is an indication od increased buying of orders as there has also been support of increased buy volume. There has been buying up of order occurring at the three points circled in red. In addition to this price has also rejected the bullish trend line drawn and can be seen on the Daily chart. At a more macro level we will want to see price push up and close above the second trend line on the hourly chart. Some confirmation of a rejection wick of the top of the second trend line will be ideal. Once and if this occurs we will then want to see push towards the top trend line where we will want to see the same action occur where price breaks and closes above to continue bullish. On the other hand price can come down and break the very bottom trend line, if it closes below then its a potential indication that prices will come down further. Price Amy also enter a small range between the bottom and middle trend lines with liquidity being tapped into below and above those trend lines. The key scenario which will give more indication of the direction price wants to go is on the closes of the candles once they break either way from those trend lines. As always if you enjoy the content don't forget to click the like button and make a comment on your opinion. Thanks MS ⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️
by Market-Snipers
1