Btcforecast
BITCOIN: HOLDING THE SUPPORT BUT UNABLE TO BREAKOUT.Hello traders, I hope your weekdays went well.
BTC is once again to a point where it is holding the support but is unable to break out. For a reason, BTC is failing to break through the yellow-dotted trendline. Once we see a break out then we can expect BTC at $20.6k. On the bearish part, a rejection or a breakdown below the white support line may drop the price to the yellow dotted support line.
I am still anxiously waiting for the break out keeping in mind the rejection possibility.
Trade safely, guys. Happy weekends.
BTC/USDT 1DAY UPDATE BY CRYPTOSANDERSHello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer all, thank you, guys.
#BTC/USDT ANALYSIS:-
BTC continued its move inside the descending triangle for 143 days and it is getting closer with each tap on support and resistance zone.
Currently, the price is in a contraction phase and a breakout/breakdown with a good volume would happen anytime soon from here.
We've to keep an eye on a sustained breakout/breakdown to play accordingly with proper risk management.
Sorry for my English it is not my native language.
Hit the like button if you like it and share your charts in the comments section.
Thank you
BITCOIN: PEOPLE'S NOTION.The expectations are high for BTC and yet this underperformance is killing people's patience. You can say it by viewing all the memes and posts on social media. People are getting restless with this silent move on BTC. They are expecting an explosion but BTC is quiet. This is the basic problem of the herds, they want quick results, and they want everything fast and easy.
Anyways, let's get back to the chart.
Current scenario: BTC is still under the rising wedge pattern and it is close to the support level. Yesterday, we saw BTC getting rejected from the resistance, as shown in the chart and now the price is at the 21 MA support. If we see a bounce and a breakout above the yellow dotted line then we can expect BTC to rally close to $20.5k. If that's not the case then we can expect BTC to drop close to $18.8k. I just hope that this rising wedge won't turn into a falling wedge cause if that happens then it will mess up the entire chart and the market sentiment.
I hope this idea was helpful for you all. Do show your love and support by liking this chart and clicking the follow button. I would love to see you on my team in the upcoming bull run.
Trade safely and happy weekday.
Btcusdt Bitcoin support levels -19,500 and 19000
Bitcoin resistance - 20,000 and 20,500
Market depends upon Bitcoin that's why I updated you so trade carefully.
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Analysis
Bitcoin closed above it's resistance level of 19500$ on daily timeframe which is good on shorter timeframe, However we have next resistance at 20,000$ which is also 50 EMA on daily timeframe, Trade carefully and manage your risk according to to support and resistance levels.
#BTC/USDT 6HOUR UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer all, thank you, guys.
#BTC/USDT ANALYSIS
BTC is trading in a descending triangle in between the marked rectangular channel. A successful breakout of the descending triangle will target the horizontal resistance around $20,500 which is the main level for bulls to break for the confirmation of a bullish trend in the market.
If BTC breakdown the descending triangle then it will target the horizontal support of $18,500, which is the key level for bears to break below it with a retest for the confirmation of a downward move.
The weekly candle closed as an indecisive candlestick. Other financial markets will open today and a new Monday range will form that will also clear further price movement.
Sorry for my English it is not my native language.
Hit the like button if you like it and share your charts in the comments section.
Thank you
BTC Weekend UpdateBTC got rejection from 19500$ level, price saw a good spike in price but it did not able to sustain it. Next support 18500$ to 18300$.. For a good upside move it need to close above 19500$👆 to march upward...
H1 Resistance level is marked at 41.92% to 41.86% level from where the price action got rejected and and went down As the volume decrease in bitcoin which is why the decrease in the price we are seeing
However, The price action is still consolidating in Daily Horizontal Resistance zone on Daily timeframe
main resistance area $20400 to $20750
main support area $18250 to $19300
DYOR and As always, stay safe
BTC/USDT 1DAY UPDATE BY CRYPTOSANDERSHello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer all, thank you, guys.
BITCOIN UPDATE: -Bitcoin (BTC) moved towards the $20,000 level on Friday, as uncertainty in crypto markets eased, following the latest U.S. inflation report.
Despite consumer prices rising by more than expected, markets reacted positively, as speculation surrounding the report has faded.
As a result of the report, BTC/USD rose to an intraday high of $19,835.17, less than 24-hours after trading at a low of $18,642.11.
This rally has seen momentum shift once again, with several indicators now leaning more towards bullish territory.
The 14-day relative strength index (RSI) is now back above the 50.00 mark, and is tracking at 51.54 as of writing, potentially en route to a ceiling of 55.00.
Should this point be hit, then we will likely see bitcoin not only above $20,000, but edging closer to $20,500.
Sorry for my English it is not my native language.
Hit the like button if you like it and share your charts in the comments section.
Thank you
BTC/USD - 15m - Swing Trading Analysis published on 10/14/2022Moon to Earth … it’s Cosmo 😃 again and I developed a brand new technical indicator for Swing Trading - the "STI".
USE INSTRUCTIONS:
- Wait for New Up or Down Trend. You may set two alerts accordingly (Alerts: "STI", New Up Trend or New Down Trend, Once Per Bar Close, Open-ended if you have TV premium).
- Do NOT enter any trade yet!
- In Up Trend wait for Down Crossover of Price with Signal Line I for Long Trade (Alert: Underlying, Crossing Down, "STI", Signal Line I, Once Per Bar, Open-ended if you have TV premium), or
- In Down Trend wait for Up Crossover of Price with Signal Line II for Short Trade (Alert: Underlying, Crossing Up, "STI", Signal Line II, Once Per Bar, Open-ended if you have TV premium).
- Set Stop Loss for Trade at Stop Loss Line I for Long Position or at Stop Loss Line II for Short Position. IMPORTANT: This must be done at Trade Inception or at least use Line Values from the Time you entered the Trade (as the Lines are repainting)!
- Set Take Profit at two Times the Risk.
- Wait for Price to hit either Take Profit, Stop Loss, OR occurrence of a Trend Change (Alert: "STI", Trend Change, Once Per Bar Close, Open-ended if you have TV premium). Close Trade.
- If your Trade hit Take Profit you may wait for the next crossing of Price with the applicable Signal Line and enter a new Trade.
NOTE: The Risk of Trend Exhaustion increases over time and a Trend Reversal will be more likely the longer the current Trend persists. Please use appropriate Risk Management and Trade Size to avoid any bigger losses.
Enjoy !!!
Not Financial Advice ... Use at Own Risk.
If you have any questions, contact MoonrakerCrypto.
Thanks and happy trading everyone!
BTC/USDT 4HOUR UPDATEHello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer all, thank you, guys.
BITCOIN UPDATE: -4-hour timeframe, the price has been stuck in a static range between the $21K level and the $18.5K level for quite some time now. Meanwhile, Bitcoin has been forming a bearish wedge pattern (as displayed in the chart below).
The price formed a double-top pattern, was rejected from the $20.5K resistance level, and is now testing the lower threshold of the wedge.
In the event of a decline, the market would aim for the essential $18K support level, which may be breached and fall even deeper. On the other hand, the upper edge must be broken upward to invalidate the bearish wedge.
In conclusion, the multi-week descending trendline is currently the main barrier in BTC’s path toward the $21.5K and $25K levels.
Sorry for my English it is not my native language.
Hit the like button if you like it and share your charts in the comments section.
Thank you
Bitcoin Crypto market
Pakistan Time: 03:10 PM
Bitcoin support levels - 19,000$ and 18,500$ USD strong Support (is Ka Matlab yahan buyers hain)
Bitcoin resistance - 19,500$ and 20,000$ USD strong resistance (is Ka Matlab k yahan sell karney walay hain, sell hoga bitcoin)
Bitcoin per market depend karti hain tu ap ko update de di hai - is k according plan apko khud karna hai AB kiya karna hai apna funds k sath.
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Analysis -
Tomorrow is the weekly candle closing. For the Bullish Movement, bitcoin needs to give a closing near 20,400$
The 200 MA has been reliable support during bull markets and strong resistance during bear markets historically.
In other terms, RSI indicator, which has signalled a potential bearish reversal while the price was testing the 20,000$ resistance with an overbought
BTC USDT Probabilities 10/08/2022Price made an impulsive move to the down side breaking previous Support and finding Support at the
Fibonacci Golden pocket levels(0.618,0.65) At the time of this write up, Price Formed a Continuation
Chart Pattern at Fib Level . The Pennant or FlagPole is a Trend Continuation Pattern and as such,
we expect Price to travel down to $19000-$18000 Price Range .
Understand that these are probabilities and make market is always right regardless of the out come
BTC Breakout:Top-Down Analysis & Multiple Harmonic ConfirmationsThe idea here is about BTC:
BTC & other Crypto markets have been under long winter since November 2021 and with all the things going round us. One can only expect prices dipping down.
If we look on the technical side of the asset I assume, that we have seen the bottom on the price action & correction or we may dip further in prices as on long term the momentum has not yet shifted to completely bullish.
However, the technical aspects are giving a multiple confirmations of trend reversal which has been explained in detail as below (weekly Time frame):
1. Bullish Cypher pattern completed on a weekly chart & potential trend reversal expected. Long Entry, Stop Loss, Targets are explained detail in the below chart:
2. What is Cypher Pattern? Explained in the below image:
3. Sea Pony (Advanced Harmonic pattern) completed on a weekly chart & potential trend reversal expected. Target and pattern explained in detail as per below chart:
4. What is Sea Pony Pattern? Explained in the below image:
5. Current trend from 8th November 2021 till date has formed a falling wedge pattern with Lower Lows (LL), Lower High (LH). The price is very close for breaking out of the trend as explained in the below chart:
6. Trading way below 50 & 200 EMA on Weekly chart & Support established on 50 EMA on a daily chart which is a good signal.
7. Ichimoku Cloud analysis: Kumo Breakout & Kumo Twist on a Monthly is strong buy, Weekly chart is Strong bearish & daily chart is neutral at the time of publishing.
8. RSI is at 43.91 on a Monthly chart, 38.11 on a weekly chart & 60.06 on a daily chart at the time of publishing.
9. MACD below signal line on monthly chart, and above signal line on weekly & Daily chart.
10. Hull Moving average on a Monthly, Weekly is strong buy & daily is sell at the time of publishing.
11. Long Entry wait for Breakout of falling wedge. However, keep in watch list for the week & alert for price momentum.
12. Projected targets (Multiple confirmations): provided in the chart.
13. Stop Loss (Multiple confirmations): Provided in chart.
Disclaimer: “The above is an Educational idea only and not any kind of financial or investment advice. So please do your own DD (Due Diligence) before any kind of investment”.
Do you like my TA & ideas!!
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Cheers.
#BTC/USDT 2DAY UPDATE Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
BITCOIN UPDATE: BTC breakout long descending trendline, retesting above it and trying to break the MSB level at $20,400.
BTC made a high of $20,475 with a wick, and bulls need a decent volume to breakout this resistance with a good candle close above it to proceed with the bullish force.
Sorry for my English it is not my native language.
Hit the like button if you like it and share your charts in the comments section.
Thank you
BTC/USD - 15m - Swing Trading Analysis published on 10/05/2022Moon to Earth … BREAKING NEWS: I developed a brand new technical indicator for Swing Trading !!! It's called Swing Trading Indicator "STI".
From NOW ON I will post lots of analysis and updates ... so pls follow and pls check back frequently ...
It’s Cosmo 😃 again, so let's get started: Summary of the Analysis for BTC /USD (15 Minutes time frame)
Trends: Short Term - Bearish & Long Term – Bearish
Crypto Screener™ – 1 week frame – (by TradingView) Rating: SELL
Technical Indicators – 1 week frame – (by TradingView & intotheblock): SELL
- Summary: 11 Bearish ; 10 Neutral & 3 Bullish --> SELL
- Oscillators: 0 Bearish ; 9 Neutral & 2 Bullish --> BUY
- Moving Averages: 11 Bearish ; 1 Neutral & 1 Bullish --> STRONG SELL
AI (Artificial Intelligence) by CENTRALCHARTS: SELL
Multi Timeframe Analysis:
- 1h (1 hour frame): positive
- 4h (4 hours frame): neutral
- D (1 day frame): negative
- 7d (last 7 days): negative
My Opinion: SELL - Bearisch under USD 22,812
Support @ USD 18,432
Signal Force (0-10): 8 = strong force
Pls like and follow for updates and more analysis using this awesome Swing Trading Indicator ("STI") for 15m and higher Charts with Alerts for Long, Short, Stop Loss/ Take Profit Levels and Trend Changes.
USE INSTRUCTIONS:
- Wait for New Up or Down Trend. You may set two alerts accordingly (Alerts: "STI", New Up Trend or New Down Trend, Once Per Bar Close, Open-ended if you have TV premium).
- Do NOT enter any trade yet!
- In Up Trend wait for Down Crossover of Price with Signal Line I for Long Trade (Alert: Underlying, Crossing Down, "STI", Signal Line I, Once Per Bar, Open-ended if you have TV premium), or
- In Down Trend wait for Up Crossover of Price with Signal Line II for Short Trade (Alert: Underlying, Crossing Up, "STI", Signal Line II, Once Per Bar, Open-ended if you have TV premium).
- Set Stop Loss for Trade at Stop Loss Line I for Long Position or at Stop Loss Line II for Short Position. IMPORTANT: This must be done at Trade Inception or at least use Line Values from the Time you entered the Trade (as the Lines are repainting)!
- Set Take Profit at two Times the Risk.
- Wait for Price to hit either Take Profit, Stop Loss, OR occurrence of a Trend Change (Alert: "STI", Trend Change, Once Per Bar Close, Open-ended if you have TV premium). Close Trade.
- If your Trade hit Take Profit you may wait for the next crossing of Price with the applicable Signal Line and enter a new Trade.
NOTE: The Risk of Trend Exhaustion increases over time and a Trend Reversal will be more likely the longer the current Trend persists. Please use appropriate Risk Management and Trade Size to avoid any bigger losses.
Enjoy !!!
Not Financial Advice ... Use at Own Risk.
If you have any questions, contact MoonrakerCrypto.
Thanks and happy trading everyone!
BTC/USD - 15m - Swing Trading Analysis published on 10/05/2022Moon to Earth … BREAKING NEWS: I developed a brand new technical indicator for Swing Trading !!! It's called Swing Trading Indicator "STI".
From NOW ON I will post lots of analysis and updates ... so pls follow and pls check back frequently ...
It’s Cosmo 😃 again, so let's get started: Summary of the Analysis for BTC /USD (15 Minutes time frame)
Trends: Short Term - Bearish & Long Term – Bearish
Crypto Screener™ – 1 week frame – (by TradingView) Rating: SELL
Technical Indicators – 1 week frame – (by TradingView & intotheblock): SELL
- Summary: 11 Bearish ; 10 Neutral & 3 Bullish --> SELL
- Oscillators: 0 Bearish ; 9 Neutral & 2 Bullish --> BUY
- Moving Averages: 11 Bearish ; 1 Neutral & 1 Bullish --> STRONG SELL
AI (Artificial Intelligence) by CENTRALCHARTS: SELL
Multi Timeframe Analysis:
- 1h (1 hour frame): positive
- 4h (4 hours frame): neutral
- D (1 day frame): negative
- 7d (last 7 days): negative
My Opinion: SELL - Bearisch under USD 22,812
Support @ USD 18,432
Signal Force (0-10): 8 = strong force
Pls like and follow for updates and more analysis using this awesome Swing Trading Indicator ("STI") for 15m and higher Charts with Alerts for Long, Short, Stop Loss/ Take Profit Levels and Trend Changes.
USE INSTRUCTIONS:
- Wait for New Up or Down Trend. You may set two alerts accordingly (Alerts: "STI", New Up Trend or New Down Trend, Once Per Bar Close, Open-ended if you have TV premium).
- Do NOT enter any trade yet!
- In Up Trend wait for Down Crossover of Price with Signal Line I for Long Trade (Alert: Underlying, Crossing Down, "STI", Signal Line I, Once Per Bar, Open-ended if you have TV premium), or
- In Down Trend wait for Up Crossover of Price with Signal Line II for Short Trade (Alert: Underlying, Crossing Up, "STI", Signal Line II, Once Per Bar, Open-ended if you have TV premium).
- Set Stop Loss for Trade at Stop Loss Line I for Long Position or at Stop Loss Line II for Short Position. IMPORTANT: This must be done at Trade Inception or at least use Line Values from the Time you entered the Trade (as the Lines are repainting)!
- Set Take Profit at two Times the Risk.
- Wait for Price to hit either Take Profit, Stop Loss, OR occurrence of a Trend Change (Alert: "STI", Trend Change, Once Per Bar Close, Open-ended if you have TV premium). Close Trade.
- If your Trade hit Take Profit you may wait for the next crossing of Price with the applicable Signal Line and enter a new Trade.
NOTE: The Risk of Trend Exhaustion increases over time and a Trend Reversal will be more likely the longer the current Trend persists. Please use appropriate Risk Management and Trade Size to avoid any bigger losses.
Enjoy !!!
Not Financial Advice ... Use at Own Risk.
If you have any questions, contact MoonrakerCrypto.
Thanks and happy trading everyone!
Bitcoin BtcCrypto market update
Pakistan Time: 5:47 AM
Bitcoin support levels - 20,000 USD and 19,500 USD strong Support (it means buyers)
Bitcoin resistance - 20,500 and 21,500 USD strong resistance (is Ka Matlab k yahan sell karney walay hain, sell hoga bitcoin)
Bitcoin per market depend karti hain tu ap ko update de di hai - is k according plan apko khud karna hai AB kiya karna hai apna funds k sath.
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Analysis -
BTC support is at 20,000 and resistance is at 20,500.
Looking at the four-hour timeframe, BTC has made two green candles with the current candle also being green. BTC is potentially heading towards the 20500 resistance level, do note BTC has got rejected from this level multiple times so be careful. Watch volume, if BTC manages to break this level with high buying volume the next major resistance will be at 21500. Trade carefully and manage risk between support and resistance levels.
BTC closed its daily candle red, opening at 20337, making low at 1973, high at 20365, and closing at 20158.
BTC Bitcoin Crypto market update
Pakistan Time: 9:30 PM
Bitcoin support levels - 18,500 and 17,500 USD strong Support (is Ka Matlab yahan buyers hain)
Bitcoin resistance - 20,500 and 22,000 USD strong resistance (is Ka Matlab k yahan sell karney walay hain, sell hoga bitcoin)
Bitcoin per market depend karti hain tu ap ko update de di hai - is k according plan apko khud karna hai AB kiya karna hai apna funds k sath.
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Analysis - Bitcoin just retested 19700$ level and currently trading above 20,000$ level, We need good volume to break 20,500$ level of resistance. Manage your risk accordingly
BTC Mid Term AnalyzeHi everyone this is my main Pickfork analyze for Bitcoin 1D chart
So many times checked midline resistance of Pickfork I think its impulse to the support line
This is not financial advice You can double check and open 1-5x leveraged position thank you
SL-21000
TP1-18500
TP2-17500
TP3-17000-10000
BTC/USDT 4HOUR UPDATEHello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
BITCOIN UPDATE:-BTC again bounced from the 2nd bottom and ascending trendline support that is showing bulls' strength. It is also consolidated in a symmetrical triangle.
MSB (market structure break) level for BTC is $20,400. Here the best play is to play level to level and sit tight for a strong break above MSB level for the bullish affirmation.
Sorry for my English it is not my native language.
Hit the like button if you like it and share your charts in the comments section.
Thank you