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Btc_usd

What is BTC telling usThe chart is telling us one thing, and one thing only. There is not a lot holding us back from thundering though to $30K. Last time we saw a sell-off like this was in late april of last year. A 54% drawback brought us to the $30k level as well. However, the volume was a lot higher back then. Signaling we could be in for a ride. The only positive is the RSI that is in oversold, but I'm afraid this wont have a very big impact... Don't overtrade, don't use leverage and stay safe guys
COINBASE:BTCUSDShort
by Coinathlon
BTC scenarios from a distance perspective! BTC senaryoları!In this chart, we tried to mention some possibilities according to wave theory! Hope you enjoy and comment your views so we can find a better look if there is. Thanks! PS: You will have to stretch the chart to see the details since we worked in a wide screen! Bu grafikte dalga prensibine göre bazı senaryoları değerlendirdik. Umarız ki fikirden hoşlanır ve yorumlarınızı esirgemezsiniz, ki böylece, varsa daha iyi fikirler ortaya çıkarabiliriz. Teşekkürler! NOT: Geniş ekranda analizlerimizi çalıştığımız için detayları görebilmek adına, grafiği genişletmeniz gerekebilir!
BITSTAMP:BTCUSDLong
by WavePro
2
Bitcoin: Confirmation of the downtrend! :) Three entry signals in a downtrend The trading formula in a downtrend is you must only open SELL orders. There are 3 extremely important signals to watch out for: (1) Bearish reversal candlestick patterns, (2) The price breaks out of support to form a downtrend, (3) The price retests the levels in a downtrend. I will explain each signal so you can better understand it Signal 1: Reversal candlestick patterns from bullish to bearish The price will keep falling in a downtrend. Combined with bearish candlesticks, your trades will be a lot safer. Buy more more !!!
Long
by FAS_BTC
Wen Lambo? ( 3 potential paths for BTC)Hello everyone! Bitcoin had some pretty hard months since our all-time high (69k) and we might recover very soon! You can see we just hit the big green trend line and we also got strong support at around 39500, so we are looking pretty Bullish. Here are 3 potential paths for bitcoin this year. 1. GREEN ARROW - Bitcoin will touch the big green trend line and break the downtrend to the upside, also we got support at 39600, you can see that by the 2 white arrows. 2. PINK ARROW - Bitcoin will go down to our second support (around 38K) And then we will go up. 3. BLUE ARROW - Bitcoin will drop to 28-32K where we got really strong support ( You can see by the 3 Blue arrows) and after that, we will be very bullish and bitcoin will rise (If we will hold the support at around this area). f you have any feedback about the chart pls feel free to tell me:) This is my idea only, not financial advice. Good Luck everyone, I hope we will see the bull run is starting now ;)
by TomAss-
Possible bounce coming for BTCI drew overlapping fib speed fans from low to high and another from high to low. It showed BTC following the channels up and down fairly accuratley. We seem to be at a precipus now where it has a chance to bump up in the short term. It could continue downward also. I believe we are on the fifth wave down as well. Which also bodes well for a possible reversal upwards. Onward and upward stay positive. Hit like and share your ideas. I love to hear what others are thinking about BTC future movement!
Long
by TaderTot
BTC / USD (Interval 1D) Rising WedgeI am sharing following points I have regarding current price movement of BTC. Bearish Scenario 1. BTC broke through the rising wedge and I have marked the target based on rising wedge (NOT saying this would occur but just sharing the target of pattern) 2. We had a death-cross which means we are going towards long-term bearish trend which can last from 1-3 months maybe more. 3. Price is attempting to break $41.5k level so $40.5k level is conquered and once that happens then all hell will break loose. Bullish Scenario 1. Bulls may allow bears to break $40.5k support to touch $39.5K once again which will create a double bottom which is a bullish pattern and if that plays out then we are looking back at $45K levels 2. Bulls may hold $40.5k level as a fort and buying force returns back and take BTC back to $45k level (Long shot highly unlikely) 3. I don't see any more bullish scenario except some miracle happens and we are back at $50k Conclusion : Bears are way strong at the moment although I am not a bear nor my analysis is biased, I always look at all aspects on a chart and then come to a conclusion. Fundamentally BTC needs some sort of a catalyst to turn bullish but that too seems less likely because investors seem to be staying on a sidelines and playing it extra cautious.
Short
by NasirCrypto
2
BTC possible Turnaround PointsI'm expecting a turnaround at about 41,700-41,300. Where the purple lines indicate either a double bottom or inverse head and shoulders. Along with the final bottom Gann fan line. I believe if it does not turn around and the final bottom Gann fan line it will continue on downwards. Towards 39k for a possible double bottom down there. I have hope BTC will have some sort of positive news or a catalyst of some sort in this next week. We're definitely due for another parabolic advance. The problem is it seems to most often happen as we're least expecting it. While just about everyone is looking down. Trade safe, stay positive! Like and comment please. I'd love to hear any ideas on which way things might go! Thanks🙏
by TaderTot
1
Possible BTC scenrios using Gann Fann on 4HR chartJust showing some ideas on possible BTC movement using the Gann Fann tool. I hardly ever use that one. It showed something very interesting. The Gann Fan fib line shows and matches the recent bottom support line exactly. Basically to a Tee. I'm not sure which scenairo may end up being more similar to BTC's future movements. What do you think? What color line represents where you think BTC is headed? Like and message please. I'd love to hear your thoughts and info.! Thanks!!
by TaderTot