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ridethepig | A Game Changer Break For BTC! Awful macro prints from Europe this morning, expectations of those betting on a quick V-shaped recovery will be rectified. BTC is entering back into play and offers protection on the risk side, it is evident that a compression range is about to blow, a break of $10,000 will trigger momentum as any remaining shorts are forced into retreat. The flows must be managed more skilfully as we enter into the next chapter in risk markets: buyers must not lose tempo here, making a breakout on the log chart is a game changer for BTC. For the flows, we are sitting at great value levels for a zig-zag is in play via $14,000 => 10,200 => 21,000 It is obvious now that the FED and other CB's are funding government policies, Keynsian economics is now at odds and we must begin to position for protection on the private side. This positioning in BTC is becoming a hedge against governments, and a "corridor swing" towards the $35,600 highs would mark the end of this impulsive third wave of a five wave sequence. The chart more or less exhausts all there is to say about the upcoming swing. We can tackle the intricate legs live in the comments if there is enough interest... Good luck!
BITMEX:BTCUSD.PLong
by ridethepig
#BITCOIN Weekly analysis - Ascending trianglewelcome everybody Today we will try to understand price movements in the long run We notice that the prices are still achieving bearish highs and there is no confirmed bullish signal We also have bullish lows, if we see the chart from a distance look, we will find that there is a bullish triangle complementing the trend Now it is not possible to judge the price that it will fall or complete the rise, we must wait for confirmation If it breaks through the top of 10500$ and a weekly candle is closed above it, it will be very positive
COINBASE:BTCUSD
by SALAH-LH
1
#BITCOIN A comprehensive look for price welcome everybody I have a lot of questions about bitcoin , is it time to invest in the long run ? I do not expect that the right time is still, in my opinion, negative for investment rather than medium-term speculation Technically, if we look at the old prices, they were heading in a strong bullish direction that was broken, I expect that this rise that occurred last month is just a retest of the broken trend The positivity is with a weekly closing above 12OOO$ take care ! Please share your opinion in the comments, this is important to me
BNC:BLXShort
by SALAH-LH
2
Bitcoin LTF Analysis and One more spike after Drop toward $8250#BTCUSD 1 hours Double TOP Pattern finally Achived our 1st Target guys. I am still waiting for 2nd Targets. Now I can expect one spike upward side till $9770-$9850. so I will short that point if spike. but guys one important point keep an eye if any Candle close above green Line this is Resistance level. if breakout upward and candle close above green box then I will close my short. and will open Long position. I booked profit from first Target and still waiting for good entry. But I think this is good entry For long setup. I opening small position for Long at $9760. Still I am bearish in short term. Hope you happy with my Real time analysis. Support: $9545/$9265 /$8650 Resistance: $9785/$10180/ $10650 Guys you know My hard work so Please Click LIKE button for appreciate me. Hearty Thank you so much in Advance. and also Follow me for Latest cryptocurrency Real Time Updates. Thank you so much Again.
BITMEX:BTCUSD.PShort
by CryptoPatel
26
Bitcoin Bearish Head & Shoulder Pattern #BTCUSD Head & Shoulder Pattern: #BTC looks bearish in LTF. if #Bitcoin drop till $9770 then H&S completed. after if breakdown then I can expect $9494 and $9261 level. if rejected then we can see new High of this Month. but if we BTCUSD price pump above and $9980 then This pattern will be rejected and we can see New high of this month and we can see $19650 after breakout this resistance line. so keep an eye on this level guys. S: $9494/$9261 R:$9980/$10650 Please click LIKE Button for Appreciate me.. Don't Forget to click LIKE button. And please follow me for latest crypto updates. Thank you.
BYBIT:BTCUSD.PShort
by CryptoPatel
15
#BITCOIN The road to 1O4OO$We do not want to talk much about every detail. We are trying to explain very simply Prices exploded dramatically in the last two days, bringing the price to 9900$ What now ? We also see that prices have now reached the edge of the bullish channel, and wave 3 is expected to end in this place to begin correcting wave 4 To 9100$ 8600$ Then the price will start again to form the fifth wave, which is the last, which we expect to reach a peak at 10400$ Please support the idea by pressing the like button and do not forget to follow the idea to receive each update
COINBASE:BTCUSD
by SALAH-LH
3
Bitcoin again one more Bull V/s Bear Update still chance $8205 ?#BTCUSD Current Update: Current price of BTCUSD is $8830. #BTC Now Again at Resistance Level at $8850 level. If breakout above $8850 and candle close above this resistance level then next Target would be $9100 & $9550. But if rejected this minor Resistance in small time frame then we can see $8205. as I told you BTCUSD exactly Bounce back from our Support level $8650. hope you earned and learned with us. S: $8620/$8205 R: $8850/$9100/$9550 Please like and follow me for latest crypto updates. Thank you. Guys your like motivate me so dont forget to like my IDEAs.
BITSTAMP:BTCUSDShort
by CryptoPatel
4
Bitcoin Current Short term Update for 9550 or $8205..?#BTCUSD Current Update: current price of bitcoin is $8994. #BTC now bounce back from our mentioned Support $8900. if we hold $8890 Support then Next leg up toward $9550-$9800. if breakdown $8890 Support then ready for $8650/$8305. So guys I always told you trade after Confirmation never open any trade without Confirmations. Because your fund is your hard earned money so care about your fund and never do gambling. S: $8650/$8305 R: $9550 Please like and follow me for latest crypto updates and please please like my IDEAs guys. I always motivate from your like. Thank you
BITSTAMP:BTCUSDLong
by CryptoPatel
Scenarios for Bitcoin in the rest of 2020 (1W)There are 2 main scenarios I see come to reality with Bitcoin. Looking at the past these are very realistic scenarios backed by facts. Note that my analysis is straight forward backed by this chart and neither bullish or bearish. However I added Long to this analysis because at typing of writing I reopened 2 long positions in DOLLAR & EURO: 7970 USD & 8030 EUR. If Bitcoin gets rejected at €9K on the weekly this could very well start a new trend on daily timeframe. A downtrend towards a small demand zone of €7,3K - €6,8K which it will very likely will break. The main demand zone which has competition with bulls is €6,8K - €6K. If the demand zone gets a breakout back down, €5K is almost surely the end of this trend of reversal. 200EMA will be around that point in time on weekly and as shown in the past even with COVID19 shows a strong support level. €5K was the main support level of 2018 where price bounced several times and acted as huge support. In my analysis I see a low chance Bitcoin will hit any lower than €5K and thus bottom is reached. If a new uptrend emerges starting off 200EMA on weekly you can expect a very volatile uptrend and will quickly recover towards €5,9K - €6,8K zone. Next up is strong pressure from bears of upper side of bearish triangle, bears might push price back down at €8K level depending where we are at the time. Anyhow this will be the 5th retest of this resistance level and thus a very important retest. If this gets rejected this wouldn't be very bullish. If Bitcoin breaks triangle to upside, a new uptrend commences. The triangle is a big formation where bulls and bears where fighting. I don't see price being pushed down after breaking out of this triangle. A retest should be traded as this could be the last stop to hitting the last somewhat zone of supply €9K - €10K. A very physcological level of supply where Bitcoin might hang and use as consolidation zone. If Bitcoin continues to stay bullish after all this time it might go on its way to an ATH which is definitly a possibility. Depending on volume traded rather than volatility. I don't see any likely chance of hitting a new ATH in 2020 yet. €11,5K could be the high of the following months where price might get rejected, not consolidated, atleast unlikely . Good news is needed to back up this analysis, FOMO is a must in the end of 2020 or beginning of 2021. This would be a repeat of the scenario in the end of 2017 and beginning of 2018. As seen with previous ATHs, the ATH happened around 1 year after the halving took place. The first halving which happened on 29 November 2012 had a bullrun towards an ATH with a return of 8069%. The second halving which happened on 9 June 2016 had a bullrun towards an High with a return of 289%. The third halving will happen at an estimate of 12 May 2020 at time of writing. The price could likely be already priced in by some, but I, on the otherside think otherwise. This could be just the very start. Breaking this triangle and following this uptrend for the rest of the year would be the best bullish scenario I hope to see, yet still realistic. Since federal Reserve started pumping stocks and other markets with printed money, Bitcoin was stated as a safehaven and alternative currency in media and news sites. Bitcoin continued it uptrend longer than expected by most and climbed towards €8,5K level where we are now waiting and consolidating on lower timeframes. With the halving in sight this is only good news following up on eachother. I want to end this idea by saying that corrections are healthy and needed in healthy market trends and don't always mean reversals.
Long
by jonathanvn
BITCOIN 20% PROFIT FROM LONG WITHIN 24 HOURS#BTCUSD Profit update: Bitcoin current price is $9140. 20% Profit booked guys because went upto $9207 from $8850. still chance towards $9550 but I am booking profit partially. Now new Support is $8910 if this will break then next $8650 and $8205. and above Resistance is $9550 but if this breakout with high volume then I can expect Towards $10500. but as my mind thinking #btcusd can go maximum till $9800 and Create Double top and after dump hard. This is my thinking guys not financial advice. so be careful from LONG. S: $8900/$8650/$8205 R: $9550/$11500 Please like and follow me for latest crypto updates. Thank you for your love. and please like my IDEAs.
BITSTAMP:BTCUSDLong
by CryptoPatel
6