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Btc_usd

BTCUSDT LONG MAJOR SUPPORTWe had a nice day for Bitcoin our major support zone is holding the price quite nicely after CPI data was released. People need to understand that current zone around 28-30k is not just some another support level but THE most important support for Bitcoin in current times tested multiple times. There is a lot of faith and money accumulated in this zone. It might break but not right now. In my opinion raise of interest rates expected by FED next week is already in the price. This is not something new to happen everyone knows about rising inflation and terrible economy around the globe. People expect something to happen but they are 99% wrong about timing. All my predictions are done anylising previous cycles of bitcoin and projections how it should act in the future by a algoritm. I expect BTC will climb back to 30k over the weekend and we are going for 200D MA in June. This is a typical short term rise in a bear market. We will see whats next after that but sideways around 30k during holidays seems most reasonable. Always trade safe and avoid hype. Best of luck.
Long
by Nameless1986
BTCUSDT - Long Term Prediction Based on Daily Chart (Log Chart)Hey guys, I have looked at the daily chart considering a longer term prediction. That cheat sheet is designed by Richard Wyckoff, I guess a trader would know who he is. So the way I see it, the daily chart fits his predictive cheat sheet. Weekly or even monthly fits better. What I believe is that we're gonna see some more drops with BTC before the next mark up phase begins. And that would be the area of 16K-20K in my opinion. This would also close the gaps on CME that BTC left behind during mark up phase. Always DYOR! This is not a financial advise! Cheers.
Short
by koklucinar
2
BITCOIN: THE ONE DAY HERO.Hello to all my members. Welcome to this important update on BTC. For today's analysis, I will be using the same 4 hours chart. The weekly close ended up giving a boost to BTC and other altcoins. Many assumed a bullish rally as they saw greens in the market and started posting bullish trade setups and ended up hitting their SL. Whereas in my Ethereum update I clearly mentioned that "We need to be vigilant especially when the market turns green all of a sudden and the RSI is making a similar move (overbought) in all the charts in lower TF." I am not trying to justify anything here but we really need to understand how the market play. In my past experience, I personally have made huge losses. I knowingly made mistakes by playing emotionally in this crypto market. It doesn't mean that I am perfect right now. No one ever can be perfect but we can have the thrill to learn more and educate ourselves. Okay, back to the chart. BTC is currently holding the support level of $29k. If the next candle breaks and closes below this support then BTC could reach close to the $28k level where we have our next support. A bounce on the other hand will be a good chance to enter the market and make some profits. We still have 1 hour left so sit tight and wait for the moment. Let me know what you think about the current market situation. I hope this update will be valuable for you. Trade safely, my fellow traders cause we have a long way to go together.
BITSTAMP:BTCUSDLong
by Dexter_The_Trader
4
BTC: A BULLISH WAY TO START THE WEEK.Hello traders. Dexter here with another BTC update. I hope you guys are all doing great and making some good profits with the recent pump. I share updates on the crypto market including margin trading, futures, spot, and scalping. All ideas are my biased opinion and I invest at my own risk. I don't force anyone to buy or sell, I simply share my ideas absolutely for free and it is your sole decision whether to trade on them or use them to understand the market. So, if you like my ideas then do show a thumbs up and click the 'follow' icon. Anyways, let's get back to the chart. What a great way to start the weekday. a straight jump from $29868 to $31246. This pump has boosted many altcoins side-by-side which was interesting to see. The current price is stuck at $31218 which could turn out to be a resistance level for BTC. If not then $32200 is the ceiling. If you have entered into this trade with at least 10x leverage then congratulations cause you are 70% up from the entry-level. For me, BTC did not hit my buy orders for leverage trading but I do have my bags filled with BTC on spot. If you have trades open and you can see green in them then don't hesitate to book profits. It may go higher than your current levels but it is always wise to book good profits.
BITSTAMP:BTCUSD
by Dexter_The_Trader
btc short (can can pattern)This text has been translated by Google Translate. I hope the translation method does not bother you and you will benefit from my analysis like the previous ones On Bitcoin we came across a pattern that is rarely seen on the chart. Can can pattern. And as expected, after the price tightens and reaches the supply point, there is a possibility of further fall to the lower specified area. We now have two possibilities. The first possibility is that the price has reached the main supply area in terms of compression, and from here we will see the price fall The second possibility is that a higher supply area is fresh and we will see a drop in price when the price reaches that range. To have a smaller loss limit, I consider a higher supply area to take a selling position. Note that this is a short time frame trade and for the long term there is a possibility of price growth of $ 28,000. Please stick to your limit and your capital management. Good luck
Short
by yasnafazeli
2
My Btc Strategy / BtcUsdt AnalysisThe graphic is clear , you just have to see it . I do not give investment advice to anyone. This is my strategy. . . . . . Investment information, comments and recommendations contained herein are not within the scope of investment consultancy. Investment consultancy service is offered individually, taking into account the risk and return preferences of individuals. The content, comments and recommendations contained herein are in no way guiding, but are of a general nature. These recommendations may not be suitable for your financial situation and risk and return preferences. Therefore, making an investment decision based solely on the information contained herein may not yield results that meet your expectations. . . . You can support me by liking the analysis.
by stephbertalse
4
BITCOIN: STRONG SUPPORT AT $29K.Hey guys, I hope that you guys are doing good. My previous BTC chart got obsolete with the retest level ($30.4k) as BTC dropped and close below it. BTC has been rejected from the $32k resistance level and most likely the price can reach the level of $30k or $29k where we have strong support. Most likely, BTC will bounce back from the support and that could be a good level to enter into BTC only if there is a positive confirmation. If BTC breaks down and closes below the $29k support level then our trade setup will get invalidated. If at all we see some positive bounce then I will keep my target around $32k.
BITSTAMP:BTCUSDLong
by Dexter_The_Trader
#BTC/USDT 8Hr UPDATE !!Hello, dear traders welcome you to this BTC /USDT chart analysis. 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 ANALYSIS According to Broadening Wedge Pattern, Bulls need to Clear the 34k Resistance to Confirm the Upside Breakout. If Wedge Broken Upside, Expecting +40% Bullish Wave in June..🆙 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. Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits. THANK YOU.
by CryptoSanders9563
BTC: ALL WE NEED IS A RETEST AND NOT A BREAKDOWN.Welcome folks to this new update on BTC/USD in 4 hours timeframe. I post ideas related to cryptocurrency which are purely based on technical analysis. I also provide trade setups for scalping, mid-term, and long-term holdings. We trade in different exchanges like BInance, Bybit, gate.io, kucoin, etc. We use margin, futures, isolated, and spot trading. So, feel free to follow me for the latest updates. Alright, let's get back to the chart. We have seen some positive moves coming in on BTC lately. The daily close for BTC was at $31726 which was perfect for the upcoming expected rally. In a higher timeframe (1 Day or 2 Days chart), BTC is most likely to bounce back and in a lower timeframe like 4 hours, BTC should show some retest. The clear reason for the retest is the RSI. The RSI is in the overbought zone which needs to come down. Honestly, I will be delighted if BTC rallies further from the current level but if BTC is aiming for a sustainable bullish rally then it must show some retest at around the $30.4k level. What do you think about the greens on BTC? Do you think it will sustain or is it just a trap? Share your views in the comments. Like and follow as always. Thank you, guys.
BITSTAMP:BTCUSDLong
by Dexter_The_Trader
2
BTC weekly update: which pathway ?BTC / USDT On weekly view BTC is bouncing from 200W EMA and currently is retesting the previous strong S/R This area mainly for watching Scenario 1: Breakout Make strong breakout and close weekly above 36k then we can see new bullish move again Scenario 2 : bearish retest If we see strong rejection here with loss of 28k again this time i think we will head much lower levels Based on reaction here we will know the next move What do you think the most possible scenario ? Share with us in comment section below
BITSTAMP:BTCUSD
by Babenski
21