Btc_usd
OUTLOOK BTCUSDTBINANCE:BTCUSDT
Hello everyone 😃
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#BTC just dived to 52K's support after rejecting the 60K's breakout.
Now If we hold the support here, We'll get the bullish momentum thought pivot line and head to 60K's bearish breaker !
There will be two possible scenarios there :
- Break above $61500's level and take hold there, After that we'll plan to target the S/R zone at $63K's level and FIB's target level at 71K.
- Refuse to break above the $61K's level and head back to 52K and 47K's major supports.
In the 2nd scenario, If we lose the 52K's support; It more be likely to have a rejection on 49K's Moon-Line.
We are still in a bull run scenario
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Attention: this isn't financial advice we are just trying to help people on their own vision.
Thank You n Have a good day!
Green zone is where you add, not before BTCUSDDear Gamblers,
More dips to come in the coming days, green zone highlighted is where I will add to my position, not before, not after. Reasons:
1/ US10y deep almost 10% mostly for a covid new variant which will likely expand all over the world in the coming days.
2/ All people are looking for a rally to start early December, and this will be hugely contratraded by professional traders and behavioral economics itself.
Expect a huge wick down looking for liquidations followed by rally resume.
I do think we will have an EOY rally.
**Please, do not take this as financial advice, I do not know what I am doing neither I am your financial advisor. Do your own research before risking your money**
Kind regards,
BeniGo
Bitcoin Buy The FudAnother Shakeout after the SEC announced that they want to sue Coinbase.
it's good and easy to be on the Dark Side to create "insider Trading Fuds" and REKT retailers when BTC pumping.
That said this i don't think this dip will be same as last one in May. Bitcoiners start to have habit with bad news trying to create panic.
i am not a shorter in a BullMarket so "Buy the Dip" is the way.
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Trading Part :
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Buy Zones as in graph
Buy : Now ( Small Buy )
Buy : 43500$ (Small Buy)
Buy : 41500$ ( Medium Buy)
Buy : 38500$ ( Full Buy )
Stop Loss : 36900$
Take profits unchanged from my last analyse.
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Happy Tr4Ding !
BTC SCALP SHORT - DATA AND TIME FRAMEHello trading friends,
This is a short term update for possible short BTC scalp to 54500 and below trend to 52K -53K trend
At this moment the main trend of bitcoin is still into breakdown trend, and there is still no confirmation for an uptrend.
⚡️The power trend line is at 55400, when we confirm this line with the time frame then it's interesting to check the uptrend.
Have a great weekend!
BTC potential reversal zone BTC / USDT
BTC reached the interesting reversal zone (53k-48k) and here’s why:
1-price is testing MA 100 in confluence with lower trend line of channel
2-0.618 Fibonacci level around 50k
3- G&F index now is extremely fear
Usually extremely fear mean bottom (or local bottom ) is near
In case bulls defend this level well ..next strong resistance will be 60k and after that we can see new ATH
I will need to update my view if bulls lost 48k-47k by candle closing
Do you think we around bottom or have another opinion ? Share your view about BTC in comments section below
BTC scenario in next week BTC will have fateful days ahead next week
Bitcoin has formed a downtrend channel in its uptrend .
Given the resurgence of the corona viruse and its impact on financial markets , the best scenario for BTC will be ranging in triangle and breakout from downtrend channel during the next week
We're in a Bear Market | Essential Read if you are in Crypto...We have seen Bitcoin rapidly rise from ~$4875 to $69k in a matter of a little over a year seeing percentage gains of over 1650% percent.
Most recently we saw Bitcoin drop from key resistance at $60k, showing clear manipulative pumping by the whales days prior.
Overall, on the higher time frames, such as the weekly, monthly, and yearly, we are seeing huge signs of what we could potentially see over the next year.
Besides TA, which I will go over in a bit, we are seeing clear fundamental shifts in the current environment of not just the crypto markets, but all markets in general, with concerns over inflation, the new covid strain, etc...
On the weekly and monthly time frame we are seeing a clear momentum, volume, and relative strength to price divergences.
For context the stock market saw a bear market 100% of the time there was a monthly bearish divergence.
by late 2022 I am projecting low of about $10k, by mid 2025 I am projecting a price level of $140k-$150k
I do not care if you don't like what you are reading. This is post is not to make you feel good, rather its to give you valuable insight as to what we could potentially see and more importantly diverging away from the typical hopium post you see on this site and on Twitter.
If you have questions feel free to comment them below!
- Matt
BITCOIN SHORT SCALP TRENDHello trading friends,
Bitcoin looks since last time on the stable trend.
We have added in the chart the possibilities of increase - so check all 2 sides.
At this moment there is a high chance that we can get a Short scalp trend.
We will follow the trend coming time to confirm it from here the 59k+ trend.
- soon we will add more main ideas about the Bitcoin sides.
Have a great day
Cation! Potential Fake Out BTCA potential fake out of a symmetrical triangle on the 4 hr. Referring to my previous BTC idea for Nov-Dec, I believe a final shake out to 49,500-51,500 is possible. I am very bullish at this level. BTC has a trend line running up to 50k near end of Nov. supported by the 200 day MA. That region also being massive support. But keep in mind we have a potential W pattern on the 4 hr and a triangle. The break out level for the W pattern is at 57,830 to the up-side.
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