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Btcbreakout

BTC/USDT 4HOUR UPDATE Welcome to this quick btc /usdt analysis. I have tried my best to bring the best possible outcome in this chart . BTC is trading around $63200 the resistances level is 21ma and previous ath or support level are $61800 . $58500 to $60900 strong support Expecting a bounce but not a trade recommendation now. I thing the price cam pump fore here . if its breaks the $62000 $59000 support then the chart will be invalid. But if it bounces from here and closes above 21 moving average 4 hour candle then we can assume that from here we can trade with alt coin Sorry for my English it is not my native languages. Do hit the like button if you like it and share your charts in the comments section. Thank you...
by CryptoSanders9563
BTC/USDT 4HOUR UPDATE Welcome to this quick btc /usdt analysis. I have tried my best to bring the best possible outcome in this chart . BTC is trading around $58.100 the support is 21ma and $56400 and resistances level are $62500, $63500.$64000. I thing the price cam pump fore here . if its breaks the 21ma or more then more the second support level then the chart will be invalid. The chart will become invalid. Sorry for my English it is not my native languages. Do hit the like button if you like it and share your charts in the comments section.
by CryptoSanders9563
BTC/USDT 4HOUR UPDATEWelcome to this quick btc /usdt analysis. I have tried my best to bring the best possible outcome in this chart . Btc is trading around 56,300 the support is 21 ma and reject 53900 dollar..and resistance 57200$.58500$.60600$.62500$ Let,s see how the 4 hour closes. i thing the price cam pump fore here . if the breaks below the price 53.900$. the chart will become invalid. Sorry for my English it is not my native languages. Do hit the like button if you like it and share your charts in the comments section. Thank you...
by CryptoSanders9563
BTC/USDT 1HOUR UPDATEWelcome to this quick btc/usdt analysis. I have tried my best to bring the best possible outcome in this chart . Btc is trading around 55,500 the support levels are 55300 or resistances level are 57200, 59500, 63500. Let,s see how the 4 hour closes. i thing the price cam pump fore here . if the breaks below the price 55,300$. the chart will become invalid. Sorry for my English it is not my native languages.       Do hit the like button if you like it and share your charts in the comments section. Thank you...
Long
by CryptoSanders9563
BTC/USDT 2 HOUR UPDATEWelcom to this quick btc/usdt analysis. I have tried my best to bring the best possible outcome in this chart . BTC is support level 50600$ and resistance 52800$. Let,s see how the 4 hour closes. i thing the price cam pump fore here . if the breaks below the price 50600$ the chart will becouse inalid. Sorry for my English it is not my native languages.       Do hit the like button if you like it and share your charts in the comments section. Thank you...
by CryptoSanders9563
BTC FAILED BREAKOUT SHORT Bitcoin price is lingering near the important and super strong resistance area of around 10.000. The latest breakout attempt was clearly rejected and the price has returned into the flag/triangle formation it was trading in. All of the above give us grounds to be expecting a pullback from the highs to retest the flag's support. The yellow area is the target zone. If the support gets broken, then we might see an even stronger impulse downwards. If it holds, we might see another breakout attempt. Guys, like, subscribe and comment! It is in the engagement and debate that we see the truth is born. Wish you all the best of luck in your trading!
BITSTAMP:BTCUSDShort
by ProSignalsFx
26
Big picture, 1h, descending wedge.This is a rehash of a chart I posted on April 4th. This time I changed the timeline from 1 day to 1 hour. You can see a bit more detail this way. The chart is very simple. All I'm looking at here is how the price action is moving within this descending wedge and analyzing how strong prior supports have been and their association with fib retracement levels. As you can see, we did briefly breach the upper boundary of the wedge. But I don't think this is enough to truly reverse the trend. It is a good sign, however. Bulls are becoming exhausted. Support at 6500 is very strong. And we are just a few days away from seeing if this wedge is valid. What we truly can't guess is whether the price will break upwards, or downwards once the wedge is complete. Seeing as to how the entire market (even BTC bulls and shills) are talking about selling, I'd say that there is a decent chance of a trend reversal. And then a very long Cup and Handle may begin to form. We'll see. We are also seeing that the alt market is getting sick of being pushed around by the price of BTC. So, it's time for BTC to either be abandoned entirely so the superior tokens in the marketplace can thrive, or it's time for BTC to adapt and the price to at least stabilize and trade sideways / improve. Otherwise a day will come when it's too late and every other coin abandons BTC as their primary trading pair in favor of Tether or fiat. This would seal BTC's fate as the inferior token (which it is) and the market would move along without it. But this solution (which appears to be inevitable) will be a very long and drawn out process. It would be much simpler if we continued to use BTC as an intermediary token for the time being. In order for that to happen, it needs to break to the upside. If it's incapable of breaking upward, I'd go full Bear Mode on it. The lower BTC gets the more likely it is that it will not be able to recover. And, the more likely it is that Tether and fiat will just fill BTC's role and we can finally be free of it's toxic influence over the markets. People are noticing, and getting very tired of BTC's market dominance. More people are coming to adopt my view of BTC (as an inconvenient requirement to acquire superior coins). If BTC falls below 4,500, I won't be trading it anymore and I won't buy back into it. Instead I would have to keep my money in fiat and wait for the coins I actually want to invest in to become available for purchase using fiat. This could take years. Hopefully the faster method makes us all a bit of money. Good luck out there. Also, remember to Keep it Simple (stupid). :-p
BITFINEX:BTCUSD
by VanBenno
The Rise, Fall and Rise of Bitcoin : BTC's Possible Scenario'sIts been a good postive year beginning for Bitcoin so far comparing last years market trend. Currently we are seeing Bitcoin in an upward movement with a good bullish trend. In the short run it seems it is having so many different outcomes. When we see the trend created in the past few days its an ascending triangle which is also a good bullish trend indication. This triangle usually appears during an upward trend and is regarded as a continuation pattern. It is a bullish pattern. Sometimes it can be created as part of a reversal at the end of a downward trend, but more commonly it is a continuation. Ascending triangles are always bullish patterns whenever they occur. BTCUSD has broken its major resistance level at around $5735 after such a long consolidation period which comes after a low level at around $3180 USD from its all time high of $19900 point which happened in mid December, 2017. Today in some exchanges we have seen Bitcoin hiting its intraday high of $6130 and is currently trading around $5800. But the overall trend is bullish as long as the support at around $5200 is secured and it is clear that it is in a major trend reversal after keeping above the 300EMA. Our major supports for now are around $5440,$5200 and $5040. If it closes specially below $5040 we might further see a correction which might further go deeper upto the level around $4500 level which is the area of our 200EMA. If confirmed higher than the $5500 buying partial might be taken as a smart move but it still seems risky and couldn’t be taken as a confirmation long postion since it might be a trap made by a small number of whales in the market. Further as it is shown on the 1 day chart we have 3 higher high peak points which seems a strong and bullish behaviour of todays market trend trading above the 10EMA line for the shorter term view. When we come to the short term prediction we may encounter with so many outcomes and scenarios that can happen in the market. From these scenarios we will discuss the bold ones as follows. Scenario 01 : We might see one last downward impulse move to start a correctional retrace movement before we see any further bullish trend to get more strength until the next rebound to break the resistance at around $6200 level. Scenario 02 : We might see an immidiate retrace after seeing a 5 waves elliot upward move. Scenario 03 : We might see a further downward movement towards the $4500 area to see a correctional 3 wave elliots pattern as stated earlier.
COINBASE:BTCUSDLong
by cryptotalk_et