Btcchartanalysis
BTC Bearish short term!Bitcoins been dragging the market down with it for the past week or so, we also have a super important close tonight due to us being a good sum below the 0.5 Fib or aprx. 45K (USD). If we do see another bearish close below this level i would expect a pullback to the 40-41K level or the 0.6 FIB. We are travelling down a shorter term descending channel getting pushed down by now bearish ichimoku clouds, they seem to be getting a bit bigger showing more bearish resistance. The RSI sits just about in the oversold area but is still pointing down pretty heavy. Keep in mind for us to be in a uptrend we need the RSI confirmed above the 50. point which is very far away as of right now. Zero Lag MACD seeing some pressure to the downside with both MA's pointing parallelly downwards and the red MACD Lead somewhat levelling out but could still keep slipping lower. Not Financial Advice just my opinion!
BTCUSDT moon view in the chart Bitcoin is a cryptocurrency invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto. The currency began use in 2009 when its implementation was released as open-source software. 1 Bitcoin is a decentralized digital currency, without a central bank or single administrator, that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries. Transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain. Btc recently will be hit again previous All time high . After this that is expected from here.
Important close for Bitcoin!!Bitcoin has recovered very strongly after our recent correction, even while dominance was falling! We are currently sitting directly on the 0.2 FIB level and our daily close is in a little over an hour, i will be watching closely as if we drop below the 56K level we could see a little downside. We are seeing the EMA ribbons starting to squeeze together, they remain bullish unless we do see some more downside and if we saw the EMAs twist to red on top. If that were to happen we could see a massive swing down, so the EMA ribbons are always important to watch! The zero lag MACD is starting to slope and looking like we could see some bearish momentum, we are still bullish with nice separation between the blue and orange but definitely watch this. We are coming down on the RSI and currently are at the 50. point so this is very very important to keep an eye on if we fully breakthrough the 50. and don't recover quickly we will we a confirmed downtrend, this is possible but we do have lots of room to run up before we are overbought so we will have to wait and see. Not financial advice just my opinion!
BTC Looking For A Recovery??!We've have been seeing a healthy correction over the past 2 weeks and i think we could see BTC start to recover a little bit soon. We have been riding the bottom bollinger band for the last 5 days or so and we could see a break of that after our daily close tonight! Looking for a break and hold of the 0.3 FIB level or aprx. 50.8K$. The Zero Lag MACD is showing a possible reverse with us getting a buy signal aswell as a strong reversal of the red MA. Our blue and orange look like they are about to swap and turn bullish! It is possible we get rejected at the 0.3 FIB and we very well could see a stronger pullbck i would say at the most bringing us to low 40s to 45k. We are still seeing money flowing out looking at the Chaiken Money Flow, we are starting to come back up hoping to see a nice curved bottom and some money flowing into BTC and the market. Not financial advice just my opinion! rarible.com check out my first NFT! leave some feedback and there is more in the makes right now!
BTC: Can We Break Above The DailyGood day to all profit makers!
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- Can we break above the daily?
--If not I think this could be a possible path.
- Consult the chart for more information.
- There are many traders looking for shorts, so be careful
- Note:
- This is just my current idea.
- I am not a financial advisor! and this is not financial advice
- There is always a huge chance of different patterns taking shape in these ever-changing charts.
- My views and charts can and most probably will change!
- I can be 1000% wrong!
- Trade responsibly.
- Be focused.
- Have a plan.
- Stick to the plan.
- No FOMO.
- Take the time to study YOUR own charts and come up with your own ideas as you are going to trade with your money.
- Never trade what you are not willing to lose
- Remember Stop-loss is your friend.
- Smile!
- Good Trading and Good Luck
If you find my charts useful please consider a follow and a thumbs-up as it motivates me to share and grow with you!
BTC : Falling Wedge Or Symmetrical TriangleGood day to all profit makers!
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- This chart showcases two of many possible patterns (Falling Wedge & Symmetrical Triangle)
- General consensus: still bullish in the long term
- Short term might treat us for a rollercoaster ride
- There are many traders looking for shorts, but buying power is also strong.
- Consult the chart for more information.
- Note:
- This is just my current idea.
- I am not a financial advisor!
- There is always a huge chance of different patterns taking shape in these ever-changing charts.
- My views and charts can and most probably will change!
- I can be 1000% wrong!
- Trade responsibly.
- Be focused.
- Have a plan.
- Stick to the plan.
- No FOMO.
- Take the time to study YOUR own charts and come up with your own ideas as you are going to trade with your money.
- Never trade what you are not willing to lose
- Remember Stop-loss is your friend.
- Smile!
- Good Trading and Good Luck
If you find my charts useful please consider a follow and a thumbs-up as it motivates me to share and grow with you!
BTC: A Closer LookGood day to all money makers!
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- Consult the chart for more information.
- One of the most important triangles of today could be forming right now.
- We could be bouncing around The 43500 - 44400 range for some time.
- Support will be tested at B and D
- Note: We could also break out of this triangle at any given point and time
- This is just my current idea.
- I am not a financial advisor!
- There is always a huge chance of different patterns taking shape in these ever-changing charts.
- My views and charts can and most probably will change!
- I can be 1000% wrong!
- Trade responsibly.
- Be focused.
- Have a plan.
- Stick to the plan.
- No FOMO.
- Take the time to study YOUR own charts and come up with your own ideas as you are going to trade with your money.
- Never trade what you are not willing to lose
- Remember Stop-loss is your friend.
- Smile!
- Good Trading and Good Luck
If you find my charts useful please consider a follow and a thumbs-up as it motivates me to share and grow with you!
Bitcoin: An Analysis Of These Crazy TimesGood day to all money makers!
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- More downward movement expected.
- Zoom into the chart to get a better idea.
- Consult the chart for more information
- This is just my current idea.
- I am not a financial advisor!
- There is always a huge chance of different patterns taking shape in these ever-changing charts.
- My views and charts can and most probably will change!
- I can be 1000% wrong!
- Trade responsibly.
- Be focused.
- Have a plan.
- Stick to the plan.
- No FOMO.
- Take the time to study YOUR own charts and come up with your own ideas as you are going to trade with your money.
- Never trade what you are not willing to lose
- Remember Stop-loss is your friend.
- Smile!
- Good Trading and Good Luck
If you find my charts useful please consider a follow and a thumbs-up as it motivates me to share and grow with you!
BTC: What If We Are Building A Rocket?Good day to all money makers!
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- This one is just for a little bit of fun but totally plausible tbh.
- I think it wouldn't be such a crazy idea to expect some consolidation for the next few days.
- In the end, we might mirror a similar shape as we did with the previous uptrend.
- This will result in a rocket kind of shape, after all, we do need something to take us to the MOON!
- The Fib Fork will show us the way.
- This is just my current idea.
- I am not a financial advisor!
- There is always a huge chance of different patterns taking shape in these ever-changing charts.
- I can be 1000% wrong!
- Trade responsibly.
- Be focused.
- Have a plan.
- Stick to the plan.
- No FOMO.
- Take the time to study YOUR own charts and come up with your own ideas as you are going to trade with your money.
- Never trade what you are not willing to lose
- Remember Stop-loss is your friend.
- Smile!
- Good Trading and Good Luck
If you find my charts useful please consider a follow and a thumbs-up as it motivates me to share and grow with you!
BTCUSDT: Can We Repeat History?Good day to all money makers!
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- Could history repeat itself?
- Very similar pattern so far. we need to wait and see how this plays out.
- This is just my current idea.
- I am not a financial advisor!
- There is always a huge chance of different patterns taking shape in these ever-changing charts.
- I can be 1000% wrong!
- Trade responsibly.
- Be focused.
- Have a plan.
- Stick to the plan.
- No FOMO.
- Take the time to study YOUR own charts and come up with your own ideas as you are going to trade with your money.
- Never trade what you are not willing to lose
- Remember Stop-loss is your friend.
- Smile!
- Good Trading and Good Luck
If you Find my Charts useful please consider a follow and a thumbs-up as it motivates me to share and grow with you!