Btc_usd
BTCBTC is already being at a price that we know is below its true value
On the other hand based on it’s on chain data it really shows interest of rise, if BTC shows reversal pattern at it’s midline channel it may easily test the roof of the channel another time or even break it with big strength
We just need to find a logical entry in order to prevent loss
Be aware that this idea is not a financial advise
BTC manipulation at its max.As i have stated yesterday about the btc prices been bearish. BITSTAMP:BTCUSD
as you can see the price movement yesterday was ridiculous, tricking many, many people going into long positions.
the buy volume was so little but with a massive green candle is corporate funds exiting the position after jacking up the price for retail investors.
Dont fall for it next time when you see little buy volume with a large green candle.
we are still on track for the short position i have stated yesterday at the 23233 area when it breaks we trade.
Bearish Divergence and decreasing in volume BTC/USDTBITSTAMP:BTCUSD
Btc have been hitting the top of the trend line multiple times and rejected for a correction.
Bearish Divergence in RSI indicators and a Decreased in Volume since end of June 2022.
To continue higher we need a higher high breaking and closed the daily above approximately at the 24400 area.
as you can see BTC have broking below the neckline of 23500 today, we would see a downfall to 22800 first support and then if not holding will down to 21500 zone for the last support.
Bitcoin AnalysisBTC USDT Analysis. Price is moving up after it bounced from the recent POI
In order to continue the uptrend, BTC needs to break the marked yellow line. On a 4H chart, BTC is bullish, and Daily chart is also showing some Bullish signals after printing CHoCH . If the price does break the structure to the upside, we can confirm a short term uptrend, or if the price fails we go down!
Bitcoin: Selling rallies is still the playBitcoin
Intraday
We look to Sell at 22298 (stop at 22811)
Short term bias has turned negative. 50 4hour EMA is at 22075. Bespoke resistance is located at 22000. Preferred trade is to sell into rallies. Daily signals are mildly bearish.
Our profit targets will be 21004 and 20404
Resistance: 21200 / 22000 / 23000
Support: 20500 / 20000 / 19000
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BITCOIN: A REJECTION INDEED!Hello traders, I hope your weekend was good. Here's a quick update on BTC in a lower TF.
Timeframe: 4 hours.
Update: In my previous update, I clearly used the word 'retest' and technically, it was a clear retest and then a drop. This weekly close doesn't look good at all for BTC. It is quite possible that we will see BTC reaching the lower support level between $20.1k to $20.7k which is an important support level for BTC.
BTC is already -3.3% down and with the FED and GDP news coming in, if it turns out to be negative then God knows where we will see BTC at.
Conclusion: For now I am keeping my hands on short and won't go long until and unless there's any bullish confirmation. Be watchful with your long positions, guys. Keep your SL tight and save your portfolio as much as a possible cause in trading saving your portfolio is also a profit.
I will update more on this until then trade safely.
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#BTC/USDT 1HOUR UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
BTC /USDT UPDATE !
As we can see BTC 1-hour chart is bouncing off BTC 200 MA as a trend line, if position is holding then don't panic, if BTC breaks channel is downside to close your position
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
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A Comprehensive prediction on BTC- After Daily Chock happened, we can see a dump to around 21000 and then lead to 27000...
- the main impulsive downtrend will happen after seeing 27000 and afterwards we can see 15000...
- This is 1h timeframe so it can take days to happen...
- All analysis were taken by RR and ICT
BTC$24,300 was tested which seems kinda shallow compared to the ETH move, That said this structure does sub divide nicely into 5 up and hit all fib extension measurements as far as EW is concerned.
An ABC down would likely retest that triangle breakout. H4 SRSI & RSI show that the bulls can keep this thing going and run up to my original target around $25K B4 starting the ABC correction.
Only time will tell.
If the top is in and we have started pulling back into wave A as my chart shows then the push for wave B will pull the stoch RSI up quickly and make a lower high Vs my W5 top and confirm the analysis.
Conversely breaking above with the RSI moving up slowly will cancel the A wave and mean we likely hit $25K.
BTC is Ready to Start the Historical Pump🤗Right now the main coin has reached a very strong level 23k
My congratulations for all who bought BTCUSDT with me when I made a signal in the form of a few ideas here🤗
Now we are above an important level
So if the price will stay above we waiting a more pump!
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Best wishes