Get started

Btc_usd

BTC UPDATE: STILL HOLDING THE SUPPORT.Guys welcome to this BTC update. In our last update, we saw BTC breaking out of the trendline and we even booked good profits. Even after the breakout, we can see that BTC is unable to make that jump we expected. Does it mean, BTC will drop back once again? Well, not exactly. We have important support and resistance level that will help us to trade safely. Currently, BTC is above the trendline and the support level of $40.1k which is a good thing. If BTC manages to hold these levels then I am expecting a rally towards $44k soon. Things will get negative if BTC drops below the $40.1k support level. I am still holding my 50% position in spot and I gonna hold it until $37k is broken. That will be my strategy to be on the safer side. You guys can plan yours accordingly. Note: This is not financial advice. This trade setup is based on my T.A and I am risking my own money on this trade. I am reliable for my own losses and profits. So, trade as per your preference. Let me know what you think about this idea and if you like it then do share the link wherever you can. Let this idea reach as many traders as possible. I will cover more on this in the coming days until then stay safe and trade well. Thank you.
COINBASE:BTCUSDLong
by Dexter_The_Trader
14
BTC/USDT - Potential 45% SetupHello Traders! The correction of the market is continuing. BTC tested the support level of $33600, after which the recovery began, buyers became more active and several times tried to gain back the fall, but to pass above the resistance level of $45400 at the moment failed. The price is wedged in a narrow liquidity range between $37800 and $45400. There is a structure on the chart with rising lows, the buyers support base is in the $37800 - $40900 range. A breakout of the $45400 resistance level will serve as a trigger for further Bitcoin gains. More than $3 trillion worth of futures and options expire quarterly in the stock market today, Friday 18/03/2022. Major players and market makers will make a liquidity shift to the new quarterly contracts. Such transition may determine the moment of market turning and set the vector of market movement for the next several months. It should also be noted the revival of investors' interest in risky assets after the Fed meeting on Wednesday 16/03/2022. In addition, the markets have already reacted to the geopolitical situation by growth in prices of commodity assets, after which the correction started. External factors along with a breakdown of the resistance level of $45400 may be a trigger for further market growth and the entrance of Bitcoin to the price levels of $55000 - $59000. Buying from the current price points gives a good risk/profit ratio, but it is safer to work from buying only after the price moves beyond the $45400 level with a hold. Good luck and watch out for the market P.S. This is an educational analysis that shall not be considered financial advice
BITSTAMP:BTCUSDLong
by UnknownUnicorn10064030
1
No bull just facts pt1Historical Facts - The resistance holds us down for a period no less than 60 weeks/bars - Pattern only breaks once we test the resistance and fail, followed by a test of support then lastly followed by break, - This is the most likely route for bitcoin under neutral/good conditions, we can get all the technical factors in a row but the geopolitical events are out of our hands, the only thing we can do is be wise and prepare for any scenario HAVE A GREAT DAY - Renen.M
BITSTAMP:BTCUSDLong
by someshrenen
No words just facts, no bears just bullsno words although.... A. Anything can happen, historically we have never failed a breakout of this pattern since 2018 + bullish divergence on the daily RSI. B. History does not repeat itself but boy is it always is it always similair. For example this could be that one time it breaks back down then shoots back up and inversely it could be the first time it breaks down, The odds favour the bulls though. C This is most likely the bottom but with btc anything can happen so always prepare.
BITSTAMP:BTCUSDLong
by someshrenen
4
BITCOIN: BREAKING OUT OF THE RESISTANCE!!!Welcome members to this BTC update. 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. All ideas are my biased opinion and I invest in 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 it or use it to understand the market. Let's get back to the chart. BTC is breaking out of the trendline. If this is the rally we were waiting for then I am expecting BTC to reach close to $44k. Talking about our trades then we are already up by 10% on BTC and if you have used 10x leverage then congratulations cause you are 100% up. Remember! It is always wise to book profits. Do not hold your entire position for a higher gain. BTC may shoot up higher and if you hold your entire position then you will for sure make good money but what if BTC dumps right now? What if it falls back to your entry-level? You won't make any money. So, always books profits. I am booking 50% here and I will hold my another 50% for a higher rally. Note: This is not financial advice. This trade setup is based on my T.A and I am risking my own money on this trade. I am reliable for my own losses and profits. So, trade as per your preference. Let me know what you think about this idea and if you like it then do share the link wherever you can. Let this idea reach as many traders as possible. I will cover more on this in the coming days until then stay safe and trade well. Thank you.
COINBASE:BTCUSDLong
by Dexter_The_Trader
BITCOIN UPDATE: STILL AT THE RESISTANCE!!!Welcome members, to this important BTC update. 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. All ideas are my biased opinion and I invest in 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 it or use it to understand the market. Let's get back to the chart. BTC made a big jump up to $41.7k but couldn't hold it for long leaving a shadow behind which honestly isn't a good sign. But is it really that bad? Here's what I think about this move. Let me know if it makes sense. Whenever we have shadows from the top, it means there's selling pressure in the market. Currently, BTC is not in a position to get selling pressure. Looks like whales are trying to confuse the noobs cause in a consolidation phase, a long shadow like this, doesn't make any sense. I am gonna stick with my strategy of accumulating the dip till $35k. BTC pumped & dropped so quickly that I missed a chance to exit the market at $41.7k. But that's ok cause I had my positions on spot. Let's be extra cautious here and trade carefully. Let me know what you think about this idea and if you like it then do share the link wherever you can. Let this idea reach as many traders as possible. I will cover more on this in the coming days until then stay safe and trade well. Thank you.
COINBASE:BTCUSDLong
by Dexter_The_Trader
2
BITCOIN MOVING SIDEWAYS???Welcome members, old and new ones to this update on 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. All ideas are my biased opinion and I invest in 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 it or use it to understand the market. Let's get back to the chart. In a battle between bullish and bearish, we didn't even realize that BTC was moving in a sideways direction. Yes, BTC has been consolidating between $37.7k to $40k for the last 10 days which means a big move is coming soon. The chart shows a rejection from the $40k resistance level but in the lower end, the 21 MA is holding this support. The RSI is gaining momentum showing a bullish divergence. Once BTC breaks through this $40k resistance level then we may see BTC all the way to $44k. A rejection on the other hand will still hold the support under the support range if not then $35k. I am gonna accumulate BTC on spot if the next candle forms a green and bullish movement or if it drops back to the support range. I will also accumulate more if BTC dips further down way down to the $35k support level. I am keeping my exit level at $33.8k and my target at $43.8k. Note: This is not financial advice. This trade setup is based on my T.A and I am risking my own money on this trade. I am reliable for my own losses and profits. So, trade as per your preference. Let me know what you think about this idea and if you like it then do share the link wherever you can. Let this idea reach as many traders as possible. I will cover more on this in the coming days until then stay safe and trade well. Thank you.
COINBASE:BTCUSDLong
by Dexter_The_Trader
1
BITCOIN UPDATE: LOOKS SKEPTICAL!!!Welcome folks to my new update on BTC. I am using 6 hours timeframe to analyze this chart. If you are viewing my post for the first time then do hit the like button and graciously follow as well. I share updates on the crypto market including margin trading, futures, spot, and scalping. All ideas are my biased opinion and I invest in 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 it or use it to understand the market. BTC looks skeptical at this present price but we always have support and resistance to analyze the price movement. I am gonna divide this update into two scenarios, the Bullish scenario, and the Bearish scenario. Bullish Scenario: The current price of BTC is right above the support line from where BTC has bounced back multiple times. This support line is roughly between $37k to $38k . We may probably see BTC coming back to this support level and then bounce back or a straight higher rally from the current price if BTC breaks the 21 MA/$40k resistance . Once it breaks through then it will definitely try to reach the $44k resistance level. Bearish Scenario: BTC has been failing to break above the yellow dotted resistance which is at $40k . Also, the current price is below 21 MA. If BTC starts to drop then there is a possibility that BTC may drop up to $35k . Talking about the volume then we don't see any volume coming in. Conclusion: No matter where BTC makes its upcoming move, I believe that it will stay in between the $35k to $44k level. In a lower timeframe, these two levels are important to keep an eye on. Altcoins: Altcoins will react based on BTC. The trade setups I gave are still valid but I am not investing a chunk of money right now. I am playing safe with some portion at the spot and around 2%-3% on leverage. Remember: Whenever you are skeptical about the market, stay away. It may pump hard but that's ok. If it bleeds and you are holding positions then you lose something. On top of all this, the weekend is here so be extra cautious. I hope this idea was valuable to you. Do like, follow and share this update with as many traders as possible. Thank you.
COINBASE:BTCUSD
by Dexter_The_Trader
2
BITCOIN UPDATE: EXPECTING A RALLY HERE.Welcome folks to my new update on BTC. If you are viewing my post for the first time then do hit the like button and graciously follow as well. I share updates on the crypto market including margin trading, futures, spot, and scalping. All ideas are my biased opinion and I invest in 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 it or use it to understand the market. BTC reached exactly at the support level of $38.2k as I mentioned in my previous update and now I am expecting a rally towards $46k from here. Entry-level will be between $38.3k to $39.7k. For better confirmation, you can wait for BTC to break above the dotted trendline or the 21 MA. Stop Loss: $36.8k Target: 10% to 15%. Note: This is not financial advice. This trade setup is based on my T.A and I am risking my own money on this trade. I am reliable for my own losses and profits. So, trade as per your preference. Do like and follow for more updates. Thank you.
COINBASE:BTCUSDLong
by Dexter_The_Trader
11
BITCOIN: IS IT A BEAR MARKET???Welcome members, old and new ones to this most-awaited and exclusive update on 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. All ideas are my biased opinion and I invest in 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 it or use it to understand the market. Let's get back to the chart. Note: This update is going to be lengthy so spare your valuable time to read it completely. This will be beneficial for you. I am not predicting anything here, I am just projecting my analysis compared with the past events. I have been working on this chart for a while now and after a long analysis here's my update on BTC in a 2 weeks timeframe. I am using BitStamp to get a clear history of BTC. This is the account recorded from 10 October 2011, when BTC reached its lowest point of $2.22. I am breaking this down into six cycles to have a clear picture. 1. Back on 10th October 2011, BTC reached its all-time-low at $2.22. It was the beginning of the 4th/last quarter when BTC started its journey to the unimaginable rally in the history of trading. BTC rallied all the way from $2.22 to $1163 within 777 days (roughly 2 years). This bull market was a whopping 51,984% gain which was insane. This was the era when ordinary men and women became multi-millionaire. 2. After this bull market came the bear market. it was once again the last quarter when BTC dumped from $1163 to $152 which was around a 90% drop. This bear cycle lasted till 14th September 2015 which was 658 days (1 year and 8 months). 3. Quickly after 14th September 2015, when BTC was entering the 4th & last quarter, it was again the bull run rallying from $223 to $19666. An 8667% rally within 826 days (2 years and 2 months). The bull cycle lasted till the last quarter. 4. It was the end of the last quarter and the beginning of the 1st quarter back in 1st Jan 2018, when BTC entered the bear market. This bear cycle stayed for 364 days (1 year) and the market dropped from $19666 to $3181 around 84%. 5. Indeed it was once again the beginning of the 1st quarter (Jan 2019) when BTC entered the bull run. This bullish rally was the longest so far which stayed for 1057 days (2 years 9 months). It rallied from $3181 to $69k which was around 2153%. Now, the final chapter. Last year in Nov 2021 (mid of 4th quarter), BTC made a dropped after reaching its all-time-high. So far this drop is around 50% and there is a high probability that BTC will continue to drop further down in a long run. Comparing the present scenario with the past history, it seems like we have entered the bear market and this may possibly continue for 600 to 700 days (almost 2 years). This means on October 2023, in the 4th & last quarter, BTC will have its bullish rally. It is quite interesting to see that BTC always enters the bear or bull market either at the last or beginning of the 1st quarter. This time if BTC dumps 70% then we may probably see BTC at $18k. Keep this in mind, all these are probability and not confirmation. Let me know what you think about this idea and if you like it then do share the link wherever you can. Let this idea reach as many traders as possible. I will cover more on this in the coming days until then stay safe and trade well. Thank you.
BITSTAMP:BTCUSDShort
by Dexter_The_Trader
43
BITCOIN: AT RETEST PHASE!!!Welcome folks to my new update on BTC. If you are viewing my post for the first time then do hit the like button and graciously follow as well. I share updates on the crypto market including margin trading, futures, spot, and scalping. All ideas are my biased opinion and I invest in 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 it or use it to understand the market. Coming back to the chart, BTC is showing some retest here and the current price is somewhere in between the upper and lower trendline. I am expecting a retest back to $40k or in the worse case, $38.2k. Breaking below this trendline will invalidate this chart and we will have to analyze the chart in a different way. Entering into a trade only after the bounce is confirmed is highly recommended. If you are already into a trade then you can hold it up to the invalidation level. If you are in profit then book your profits. All my holdings are in the spot, I have exited all my leverage trades in profit and I am gonna hold my spot positions for now. Let me know if you are holding any positions. Hopefully, I will be able to help you. Do like and follow for more updates. Thank you.
COINBASE:BTCUSDShort
by Dexter_The_Trader
4
Bitcoin, are the bears winning?Evening everyone! Sadly, I don't have the capacity to film an update, however, I do have the ability to provide an update nonetheless, so lets take a look into what we're thinking for BTC. Lets talk about the level of Supply that we've been rejected on multiple times, that 46K level is interesting to me, in which we've gotten close to that level, but haven't mustard up the volume and the market sentiment to push through it, so seemingly, it's forming a range that's spanning quite wide, from 32K > 46K. I understand of course, that it's no ideal to provide such a wide area in which we can swing, but, it can provide good opportunities in relation to buying ops around that low key area, with the expectation of offloading or selling that bag around the higher area of the swing, so that's a plus in fact. I have highlighted an area on the 4H in which we're heading towards, which is very close to where we are now, 38K is the area of interest for me, on the 4H at least. BTC really needs to hold this level over the next few days, to give me an sherd of confidence that we can even see 46K again in the near future. Honestly, I'm positively optimistic, in which I think we can in fact hold 38K. In short, I'm not saying we absolutely will, there is every chance that we'll finally see that 32 level that's more notable on the 1D that we've attempted to reach a few times. Hedge yourself on your own TA, trade what you see in front of you and back yourself. I'm currently looking at 38K with the mindset of a longer term swing, so if we head down, I have a plan. Of course if it's the opposite, then I know what to do. Do you?
BITSTAMP:BTCUSD
by Unity-Trading-Group
BTCUSD LONGBTC is in for last retest before a pump. There are 3 possible scenarios on my chart when to open a long position. Anything above 37k on a daily candle and bull is continuing as planned. BTC found a strong support in the area of 38500-39000. It will be hard to break for Bears, RSI resetting nicely on lower timeframes. I’m using line not candles on my chart because the only thing that matter for me is where it is closing on daily. Than I’m trying to find an entry on 5min chart. My analyse is based on Bitcoin Cycle Repeat from last 1458 days.
BITSTAMP:BTCUSDLong
by Nameless1986