BTC/USDT FOR NEXT YEAR 2022 (100% long)Hey friends so this idea i save it for long time . today i decise to show it to all maybe its gonna help traders to make decision
bitcoin & time is a boucle you need just to make sure where and when you entre.
is bitcoin a good ainestment for long term : yes is better than saving account .
Attention: this isn't financial advice we are just trying to help people on their own vision.
Thank You
Btc_usd
MY DAILY BITCOIN CHARTI won't be here for a while because my exams are approaching, I know I don't have a follower, but I think I can do good things according to my age and experience (I'm 17 years old, my experience is about 1 year) I wanted to make a small contribution to hundreds of analyzes, I hope it will be useful to you.
I would be very happy if you like my work and follow me.
(I would be very happy if you leave a comment)
It is not investment advice. have a nice day
BINANCE:BTCUSDT
Bitcoin's upcoming Harmonic patternsFirst of all; Bearish though the patterns are, Bitcoin looks bullish to me... So buy the dip as always.
Secondly, both patterns are just predictions, so wait for them and Do Not Trade Until The End!!!
At last, if you are interested in more Harmonic Pattern updates, like and follow :D
no bears just bulls pt2A. We've broken the RSI downtrend since we were at $69 000
B. We are still in a daily downtrend so there is always the possibility of a pullback as we are still creating lower highs and lower lows, if we manage to close a 4hr candle above the $49 300 mark which was the previous high that would be extremely bullish. Then we can expect a christmas pump towards $53 000 atleast.
C. we will remain in a daily downtrend until we clear $53 000.
Happy New Year 2022 !!! Bitcoin Chart Pattern.."Keep in mind that chart patterns are not some mystical way of predicting the market’s next direction with 100% accuracy, but they give us clues about the probability of a move."
"Many brokers advertise online trading as a fast, easy and low-risk way of making money. “It’s easy” they say… just choose a direction and then trade accordingly. Ok, but that is similar to Felix Baumgartner – you know, the guy who jumped from the stratosphere – telling me “Look dude, you just step off the platform and you are on your way. It’s so easy that everybody can do it”. Well, as you might have thought, choosing a direction when trading Contracts For Difference or even Binary Options and jumping from the stratosphere successfully are no easy feats and although I don’t know what preparations you need to make in order to jump with a parachute, I have a slight idea what technical trading is."
"The movement of an asset creates certain patterns that repeat themselves and people noticed this from the early days of trading. By analyzing these patterns and comparing them to similar ones that were created in the past, traders can make a prediction about an asset’s next direction."
"In other words, a Double Top pattern usually triggers a move down, so if the trader spots this pattern on his current chart, he can assume that price will behave as it did in the past and thus a move down is expected."
Happy New Year 2022 !!!
BTC WEEKLY UPDATE BTC / USD
Here is my view on BTC for next few weeks
On the chart we can see last weekly candle closing not looking good ..And closed below 50W MA
Scenario 1: fast dump (wick) around recent low and pump hard after (big green candle)
For bulls they need to move and the next candle should be like a bullish engulfment candle
Scenario 2: in case bulls don’t produce any bullish action soon the price might visit 30k or even 20k in mid term
Don’t forget to like this idea and share in comments what do you think about BTC in next few weeks
BTCUSD Index Support, Resistance, and Trend Idea 121621Long term I think BTC will come back but I don't think the bears are done with their lunch yet, I'm short term bearish, long term bullish.
1Y: Supertrend bearish, below 50MA, barely hanging onto 200MA, RSI 37.69 (tad oversold), DMI bearish indicator (red) stronger
6M: Supertrend bullish, below 50 & 200MA, RSI 44.45 (neutral), DMI bearish indicator (red) stronger
3M: Supertrend bearish, below 50 & 200MA, RSI 38.89 (tad oversold), DMI bearish indicator (red) stronger
1M: Supertrend bearish, below 50 & 200MA, RSI 37.56 (tad oversold), DMI bearish indicator (red) stronger
Hard for me to determine price predictions, based on 1Y looks to me like it needs to break 61k to truly head back into bullish territory. If price action dips below 50 & 200MA looks to me like we could see prices in the low 40's again (43k of there about), this is based on the last time the RSI was below 30.
This idea is for informational/entertainment purposes, this is not investment advice. Please use caution and do your own research before trading.
Bitcoin is moving in the parallel channelHello everyone
Before we start discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it !
BTCUSDT :
please first read my last analysis about bitcoin from a link below. BTC reached a strong resistant zone. the price moved downside as I expected but in a slow manner.
now, the best strategy is to buy in the lower line of channel and to sell in the upper line of the channel or, wait for channel breakout.
BTC Sell into a rally.Bitcoin - Intraday - We look to Sell at 58369 (stop at 59263)
Daily signals are mildly bearish.
Rallies continue to attract sellers.
We look for a temporary move higher.
The trend of lower highs is located at 58400.
20 1day EMA is at 58200.
50 1day EMA is at 58200.
Our profit targets will be 55909 and 55009
Resistance: 58000 / 58500 / 59250
Support: 56800 / 56000 / 55500
BITCOIN/USDT (4hr) - Bullish DivergenceBitcoin is currently bouncing off the 0.618 fib retracement level and has formed bullish divergence (seen on 1hr & 4hr chart). Expecting a move towards the white trendline, however with the Fed rate decision and FOMC conference tomorrow I expect there will be a lot of hesitation and volatility in the market, and wouldn't be surprised to see Bitcoin take one last dip towards the 0.702 (around $45k) before making this upwards move.
what btc needs to do for a december pumpA. We have a downward sloping resistance from 69k which has kept us down.
B. we held the 2020 support on the weekly time frame.
C. These two are now converging and by friday/saturday we will see wether we break the downward sloping resistance or will we break support. we need to hold the $50 400 mark by friday. If we are even @ $49 000 by friday, that could lead to a weekly close below this 2020 support which will be the first time that has happened since 2020 and to me that could be scary.
D. If we do pump I expect a rally towards $53 000 but i do believe we will see downwards pressure until we get closer to the apex of when these two trendlines converge.
This game is not easy but so is everything else in life, always remember not to believe others if you have not done your own work aswell, goodluck to all
BTCUSD Long
Summary:
When we look at the BTCUSD weekly chart, we can clearly see that BTC remains bullish . The manner in which price behaves in the next few weeks going into the new year will give an indication whether BTC is starting a bear market or remains bullish .
Moving onto the daily chart , the trend is over extended remains bearish . We can see some buyers trying to enter the market, with the creation a lower high formed around the 7 and 8 of December. This shows possibility of the trend turning bullish , which would be in line with the trend on the weekly chart, making for some explosive moves to the upside. The target would be in the region of 68 100 dollars. Targets are set using fibs. We only looking to trade about 60 - 65% of the move with a decent risk reward as there is higher probability of our target getting reached. We do not want to stay in trades too long as anything can happen at any time
The facts, below this is bad however.....A. We broke the trendline plenty times in the past week, even with 1 daily close below we have managed to see a pump back into support, fridays pump is most likely because of this as it broke exactly back into support.
B. that daily close is not important because we still have not closed a week below this trendline since 2020
C. Only fear a weekly close below