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Btc-usdt

Volume chart BTC 05/11/2020-01/11/2022This chart show the wake top BTC made late 2021 and early Summer (69k$-64.8k$). I have the belief that BTC top on Friday the 08/01/2021 at a round price of 41950$. This in is line with GBTC start the continued selling of there BTC supply. The time in between 08/01/2021 and the most recent bottom of 17622$ on the 18/06/2022. Has bin an inverted bear market. This because of the famous market patterns BTC/USDT formed in this period. Being a Wyckoff Market Cycle. Forming a quad top from 02/2021-06/2021 and a double top in 11/2021 above the 41950$ markt top. Following a cycle of downside from 26/11/2021 to the end for the trend 18/06/2022. Leave a comment down below with thoughts if you have questions about this Wyckoff market Cycle. After the worldwide panic that was this downside cycle BTC top again at 25211$. Just above what is now a volume RES zone range of 45% of all volume that happened since the 05/11/2021 14093$ The zone 45% range low is 18393$ and mid range is 19.2k$. Any price action below the mid range or range low should be a instant BUY for the next 3-5 year. Targeting 100k$+ / 332k$ (--->1m$+) If this LVL is broken again for a longer time I see the 15k$-14k$ range come in to play And because of recent high relative volume coming mainly from the US zone and EURO zone. Can result in mass panic!!! And a likely V shape bounce. Think 03/2020 or 11/2018-05/2019. PLS NOTE: At last this is post is the result of a 4 HOUR NIGHT of thinking AND IS NOT ADVICE. ONLY TO BE USED as new way of thinking about BTC and current life. With 1,75 year experience 05/2021 to my name as of writing this.
Long
by SPACEMEN99
BTCUSDT → Strong consolidation. What is BTC preparing for?Bitcoin has been in a strong consolidation for two weeks, which is starting to form a pre-breakdown formation. The next retest of the 28650 level will be able to implement the buyers' plan. What is going on and what to expect from the price? The flagship is in the stage of realization of the fifth wave. It is worth paying attention to the consolidation. 1. strong consolidation near the resistance level 2. no pullback after the false breakdown of the level 28654 3. many repeated tests of the resistance level 4. the local trend is ascending. Proceeding from these nuances, we can conclude that the price is about to exit the upside range, break through the resistance level 28654 and go up to 30000, and then to the fibo level 1.618 at 31290 (preliminary target for the 5th wave). There were no strong fundamentals this week, but there are a number of nuances worth paying attention to: 1. Vitalik Buterin: "there will be no more explosive growth of BTC". 2. Santiment: all major bitcoin transactions this year were made in March, and the nature of the transactions indicates "profit taking". 3. Bitcoin miners' earnings rose to a 10-month high 4. WhaleMap expects volatility to rise on the back of $5 billion worth of whale transactions at current levels. (Recall that the price is in consolidation - gaining energy to move further in one direction or the other) 5. Santiment notes bitcoin's strong dominance on social media among the crowd. Regards, R. Linda!
Long
by RLinda
22
BitcoinUSDT(Comprehensive review)Hi friends In this analysis, the following is examined: 1-Ma 100 and Ma 50 2-Rsi 3-Ichimoku 4-Fibo Check the status of moving averages: (1D.3D.6D) 1D:The price chart has broken the 200 and 100 moving averages and at the same time it has pulled back to both moving averages. After the pullback, we have seen an upward trend from the technical point of view, and in connection with the moving average, we are witnessing an upward trend after small corrections. 3D:We see a moving average 100 broken by the price chart We also see a Pullback chart to the place of failure .We also have to note that MA 100 with MA 50 is likely to cut off and cross 6D:The price chart had a collision with the Ma 200 and this collision was associated with the reaction .It should be noted that this is the second price impact with the moving average of 200 And this price chart has a lot of volume and power and there is a possibility of failure of this area. Also, the moving average 100 is in the range of 33 to 34, which makes it possible to touch these range by the price chart after minor corrections. Check the status of moving averages: (4H.8H.12H) 12H:We see an uptrend (CROSS) between moving averages and price charts Of course, we expect a corrective process to the moving average of 100 (PULLBACK), which is 24500 to 25000. 8H:Here too we see a rising cross between moving and the price chart .Here again we see a bullish cross between the moving gains and the price chart Moving average of 100 in the price range of 24 And the moving average is 50 in the price range of 25 We expect both of these to create support within the mentioned range. 4H:Here too we see bullish crosses and we have started a corrective trend which confirms the above analysis. Check the status of ICHIMOKU: (3D.6D) 6D: The price is inside the red cloud, which shows us the cloud ceiling of the 32000 range and the cloud floor of the 19000 range Conversion Line can stabilize in the cloud, which can act as support .According to this unwritten rule that the price chart inside the cloud can touch both the ceiling and the floor of the cloud, there is a possibility that the price will be supported after the blue line and touch the ceiling of the cloud. 3D: The price chart has managed to break the cloud and validate its failure after a pullback It should also be mentioned that after 450 days, the price was able to stabilize above the three-day cloud. Base and conversion lines are expected to act as support and prevent the price from falling. Also, the future cloud has opened in green, which can give strength to continue the upward trend In this case, the price can move up to the specified area. Check the status of RSI (1D.3D.12H.4H) 1D:We see a negative divergence between the price chart and the RSI. If the floor of this divergence is higher than the previous floor, we can expect price growth after the correction. The upper floor should be between 20,500 and 22,800. 3D:RSI is in the range of 70. There is an expectation of RSI correction. According to the EMA, the correction area can be observed between 23000 and 24000 12H:Here we see the divergence of price and RSI In this case, we will usually see a quick correction process that will also cause the RSI to rest 4H:RSI has completely rested and has reached the range of 30. If the EMA breaks and stabilizes, the price will increase again. Check the status of FIBO (12H.1D) 12H:If we draw a fibo between the price of 20 and 29, the zones 23 and 24 are considered reversal zones 3D:If we draw a fibo between the price of 15 and 48, the price is currently trying to break the 0.6 zone. If this area breaks, it can continue to climb up to the 0.5 and 0.3 areas. Conclusion My personal view is to correct the price up to the area of 23500-2400 and if it stabilizes in these areas, we can expect the price to increase up to the area of 33000-34000. If the price is not stabilized in the mentioned areas, it can be expected to drop up to 19 Note that there is a possibility of a drop to the range of 23000-22000 in order to collect liquidity Our criterion will be used to measure the validity of the closing price of daily candles. How to trade If the price stabilizes in the range of 23,500, you can enter into a purchase transaction and choose targets above 26,000, and the loss limit can also be set below the range of 22,500. It is also possible to enter into a sale transaction from the range of 28000 to 27000 and define the loss limit above 28,800 Or if the price does not stabilize above 24,000, you can enter into a sale transaction and set the target below 2,000, and the loss limit can also be set in the range of 25,500. In case of analysis, it is possible to enter into a sale transaction by checking the conditions from 34000 to 33000, which of course requires Ayub's patience and reanalysis.
by aliasadii