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BTCEUR

BTC/USD COINBASEBTC/USD COINBASE 4H hollow candlesticks. After a HUGE Bullrun, we might see a HUGE correction as well. Price movement in the green parallel uptrend channel. If price breakout this channel... First stop at 40K, after breaking this support level we might expect the price at 20K or even below at 10K. Low volume. Bitcoin Price (BTC) = $56,936.69 -1.51% = 28.32 ETH +1.25% Market Cap: $1,919,513,740,709 24h Vol: $193,294,602,080 Dominance: BTC: 55.4% - ETH: 12.1% Good Luck CryptoHellas Team
COINBASE:BTCUSD
by CryptoHellas
BTC - next BULL RUNFirst of all: Where are we? For having a better idea about the scale and location of my analysis I added this snapshot of the BTC chart in the daily timeframe: About the core of my idea: My analysis is based on the 5h timeframe, in which i spotted the potential BUY chance. So I spotted this interesting downtrend channel. We saw a strong 6% bullish move today, so I wouldn't enter right now. Patience is key. So what I am waiting for is something like this: I am waiting for the price to, once again, touch the lower line of the channel, and then find enough support to take off (maybe for the last time in a while). How far is the current bullish move probably going? As I said before, I am expecting it to come back down, and then take off bigger. We might see price bounce off the red bar I marked right here, and then seek support at the lower side of my channel in order to finally break the red zone. In case all this happens, what is the trade going to look like? What I am expecting from this trade? The most likely scenario is that we make an approach to the green line, which I named "bouncer". From there we might actually retrace as low as the 50%, or even 100% level on the downside, just like this: Of course, it is possible that we even make new all-time-highs and chase the upside 50% and 100%, or even 125% extension target, which I identified with my system. Then, we might see numbers like 69.000, or 85.000 in the future. ------- of course, all that is just speculations. I am very open minded for both ideas, a hard correction, or another bull-run. What I will focuse on is catching the next bullish wave - regardless of how far it will reach towards the sky - or the moon - or mars. My trade will approximately look like this: Depending on where or when we touch that lower line of the channel, I am eyeballing an approximate initial RRR of 10 to 1, using approx. 2% risk (unleveraged). As I will not sell my entire position once we hit the green "bouncer" line, but only a part of it, the RRR will later improve drastically. ALL THAT IS FAR AWAY IN THE FUTURE AND REQUIRES THE PRICE TO HIT MY LOWER CHANNEL LINE AGAIN. Otherwise - I'm dropping this idea. Never chase a trade and don't be afraid to miss out on the big moves. Be careful out there. Thank you for reading. PS: Feel free to download this analysis for better understanding or scaling.
COINBASE:BTCUSDLong
by AlphaTradingGermany
7
BTC/USDT BINANCEBTC/USDT BINANCE 4H hollow candlesticks. After a price breakout of the green parallel uptrend channel, this purple parallel downtrend channel has formed. If the price breakout of this downtrend channel, a new TA is needed. Multiple support & resistance areas show as horizontal lines. High volume. MACD shows a bullish trend. Bitcoin Price (BTC) = $51,790.44 -7.76% 32.26 ETH1.48% Market Cap: $1,617,625,120,714 24h Vol: $169,708,355,716 Dominance: BTC: 59.7% ETH: 11.4% Good Luck CryptoHellas Team
by CryptoHellas
Newb prediction: €60k Euros ATH within two weeks.Is there a trend in the correction? During the two previous events where BTC hovered at a support level, both events lasted approximately 7 days and then BTC took off for another run, if there is a pattern we may see one more day with BTC struggling to get past the resistance level of €50k euros but by the 23rd March with luck BTC may return to recent velocity and potentially hitting a new world breaking ATH of €60k euros before mid April.
Long
by TobesVibration
2