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Btc_usd

BTC Bitcoin: How deep is the rabbit norm?Today we are here to talk about BTC Bitcoin Today: Bitcoin is trading at 43,600. And yesterday we saw a sharp down move caused by the profit taking I mentioned earlier, here is the link to the idea. What's on the market now: The market continues to correct, yesterday the price reached the target zone of 42,700 and gave an opportunity to buy. Today we need to protect these positions and limit losses. So what are we waiting for today: Today we expect a stabilization movement on the market. However, there is still a possibility that the price will move to the 41000 zone where our second entry should be placed. What I recommend: If you want to open short: It is risky to open short positions. They should have been opened earlier from 47,800. If you want to buy: I recommend opening long positions from 41,000 while limiting your risks. And yes, please don't forget to like. This greatly motivates me to share my trading ideas and market knowledge. Also remember to contact me in 1 or 2 days for further trading advice. I hope these tips were helpful to you, let me know in the comments below and don't forget to subscribe to my channel. I post selected reviews every day, so check back tomorrow! See you next time! Till!
Long
by kvatoo_FX
BITCOIN: IS IT GONNA DROP LIKE BEFORE?Hello traders, welcome to my new BTC update. For today's analysis, I am gonna use 12 hours chart to get a clear picture of BTC. If you are viewing my post for the first time then do not forget to like and follow. I share updates on the crypto market including margin trading, futures, spot, and scalping. I guess we don't need a lot of explanation here. Looking at the higher timeframe chart, we can figure out where BTC is heading next. In a lower timeframe, BTC may fluctuate making long greens and red but in higher timeframes, looks like BTC is already sinking in. Currently, the support which is holding BTC is the $43k support level. If BTC manages to bounce back from this level then it still needs to break above the $44.6k to $45k resistance level. Further rejection will drop the price to another support level which is at $41k and in a worst-case scenario, the ultimate support level at $38k. That's it from my end. I will update more on this as the market changes its direction. Until then trade safely. Thank you.
BITSTAMP:BTCUSDShort
by Dexter_The_Trader
BTC UPDATE BTC / USD Unfortunately BTC lost 45k local support area and situation becomes critical But In macro view things are different we still have important levels for watching : First strong support 42k-40k the bulls should hold this area if we want to continue the current bullrun IMO if BTC failed to bounce and closed weekly below 40k then i will consider the last pumps as a trap and then we can test 37k-35k again (much support there + moving average) What do you think ..which pathway will BTC follow ? Don’t forget to like this idea for more analysis
BITSTAMP:BTCUSD
by Babenski
36
Spinning Top's Candlestick Pattern ✅✅ A spinning top is a candlestick pattern that has a short real body that's vertically centered between long upper and lower shadows. The candlestick pattern represents indecision about the future direction of the asset. It means that neither buyers nor sellers could gain the upper hand. ✅ White spinning tops are candlestick lines that are small, green-bodied, and possess shadows (upper and lower) that end up exceeding the length of candle bodies. They often signal indecision between buyer and seller. To look for the spinning top among the red candles, you can use the Spinning Top Black candle pattern ✅ There are two variations of this chart pattern: the bullish spinning top (green in colour) and the bearish spinning top (red in colour). The bullish formation occurs when the closing price is higher than the opening price, while the bearish pattern occurs when the opening price is higher than the closing price. Do you use this candlestick pattern in your analysis ?
Education
by AnonimFXRO
Fear/Greed Index = NEUTRAL ✅As many of you guys know closely look at the Fear/Greed Index indicator when trading the crypto market and i try to allign the technical analysis with the sentiment analysis because crypto market is very emotional and many moves are based on the emotions either it's fear/greed or anything else. For today the 04.02.2022 FEAR/GREED index indicator is located at a NEUTRAL area meaning we have no ENTRY, the RETAIL HEARD is not in a GREED or a FEAR Sentiment so there is no trading opportunity based on this market analysis tool, let's wait for the btc drop somewhere around 45k - 42.5k in those areas there is a high probability the tool will be somewhere around 40-50 FEAR area so that will be a good LONG ENTRY. ✅ Why Measure Fear and Greed? The crypto market behaviour is very emotional. People tend to get greedy when the market is rising which results in FOMO (Fear of missing out). Also, people often sell their coins in irrational reaction of seeing red numbers. With our Fear and Greed Index, we try to save you from your own emotional overreactions. There are two simple assumptions: ✅ Extreme fear can be a sign that investors are too worried. That could be a buying opportunity. ✅ When Investors are getting too greedy, that means the market is due for a correction. Therefore, we analyze the current sentiment of the Bitcoin market and crunch the numbers into a simple meter from 0 to 100. Zero means "Extreme Fear", while 100 means "Extreme Greed". See below for further information on our data sources. What do you think ? Do you use this market tool ?
COINBASE:BTCUSDEducation
by AnonimFXRO