BTCGBP
#BTC/USDT 4HOUR 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.
BTC /USDT UPDATE !
Bitcoin broke the major resistance of $22.600 and held above it. We will see a move towards $27,500 To $28.000if BTC is able to hold above the $22.600 level. Global markets also showing some positive moves and we expected the same in the crypto market.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
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Bullish Scenarios for Bitcoin going into Fed Announcement After the CPI Report was released this morning, everything dumped. However, BTC fully recovered back above support within the bear flag. Most trader sentiment is short and given the oversold conditions, this makes for an ideal contrarian long play until the Fed announcement on July 26th. I have three price areas that I am targeting.
TP 1: $23,000 - top of the bear flag
TP 2: $24,000-$26,000 - Most traders will be holding for $30k, so a reversal here could leave a lot of bag holders
TP 3: $28,000 - $30,000 - The ideal outcome for the bulls. I will probably cash out a little before $30k
The Fed is expected to announce a substantial rate hike to curb inflation, which will likely send all markets tanking. I will be out of this long trade before the 26th. But if BTC fails to this support level, I will exit. We are at an inflection point here at $20k so whichever way we decide to go, we should move quickly.
BTC Hitting Confluence of Support - Possible Reversal AreaTaking a look at the weekly chart for BTC, you can see that Bitcoin is hitting a confluence of support from 1) the 2017 all-time high and 2) long-term uptrend originating from Jan 2015. We are also repeating the same price action fractal from 2017-2020. If this support holds, this could be the ideal entry point for the next bull run. However, a breach of this support area could be very bad for the crypto space. Get your buys ready on the chance we bounce here. Otherwise, I will be looking to re-load much lower.
#BTC/USDT 2HOUR 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.
#BTC/USDT UPDATE:)
BTC is forming an inverted Adam and Eve pattern which is generally a bearish pattern. Because BTC is still holding the $19k support level. We can expect it to reach the $18k level once it breaks below the $18.900 support level.
This pattern becomes invalid if BTC breaks out and closes above the $20,500 level.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits.
THANK YOU.
Bitcoin & Crypto - The Phoenix that will rise afterGo to right bar, right click disable auto lock and hover over pages to read.
As you can read you will see what you read happen soon, this has been in the works from time immemorial
The quicker you realise what's coming, the quicker you will see this world has shifted into a new order.
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My Last & Final Chart TVIt has become apparent this site lurks a new type of parasite
which leeches on the tools of character assassination
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BTCUSD D1 - Long Investment SetupBTCUSD D1
Carried forward from last week, we can see we are hugging this $40k support mark, this is effectively our DCA buy zone #1. We are looking to add funds here as well as $30k if this $40k support zone breaks. We DCA like this incase we aren't able to see this $30k that we are supposedly waiting for. If we miss the $30k boat and start flying from $40k without adding entries here, we miss the opportunity altogether.
So it's important to drip feed funds in at various entries like previously mentioned, you don't optimise entries, but you do still average great returns with the peace of mind you're still in it to win it.
BTCUSD D1 - Long Setup (DCA #1)BTCUSD D1
DCA price number one has practically been seen, looking for entries around this $40k mark, we DCA because we want to dollar cost average our entries incase the entries we are looking for ultimate don't trigger.
For example, $30k is another entry point for us to consider DCA'ing. If we don't see $30k and we are hoping to put all our eggs in one basket, we may miss the boat completely and the ship sails without us. Therefore missing out on all opportunity.
DCA offer us the chance to manage our entries, risk and average the rewards whilst guaranteeing market positions.
BTCUSD D1 - Short SetupBTCUSD D1
Worth sharing BTC too thinking about it, from a long investment perspective. A pullback towards $32.5k would offer in excess of 100% gain up to recent high price of $69k.
Buy zones at $40k for dollar cost average opportunity (DCA) and also our respective $30k-$32.5k support.
BTCUSD (Bullish) forming triple bottomYou can see in from Augs, we are seeing a similar pattern in 4h time frame as we saw from Dec 2020 to Aug 2022.
Head and shoulders formation in the last two peaks and we are in the process of forming a triple bottom.
The BTCGBP triple bottom is more obvious as the long wick in the recent big drop is similar to the most recent bottom.
BTCUSD - Confirming Breakout? Hello,
We can find BTC testing .382 Fibb in order to reach .618, we have resitances at $43k zone and $50k zone, and support down to $30k ( In this case can be a confirmation of the breakout falling wedge)
Risk reward in case of bitcoin wouldn t make us stay on a trade, but for hodlers this doesn t apply.
Traders would take a good look for such an opportunity at -26% from .382 fibb level
Take care,
This is not a trading advice,
St.Gex
BTCUSD - Update: Confirming Breakout Hello,
In my previous analysis, I was looking for a potential retest from falling wedge's breakout or a breakout through the ~$43k zone.
Considering the buying interest lately, there are more chances to have just a short pullback and to break the $43k resistance even faster than we expected, and only then to reconsider the confirmation of the breakout at around $37k.
It's a game of patience,
Take care,
St.Gex
BITCOIN - Was This All A Bear Market Rally?Taking a look at the Bitcoin daily chart, I cannot help but cringe at the picture I see. We had a very strong rally back to $50k after our 50% fall from the high at $65k. But you can see the price action rounding as it approaches the neckline of the previous high, which to me means the bulls are either exhausted or taking some time before moving on up. However, I think their is more evidence at the moment in support of a bearish reversal here. We have been rejected twice now by the $50k level which could potentially be a double top bearish pattern. You can also see the daily sell wick forming from yesterday's pump. I think if we fall back below the purple support area, we can confirm this was a bull trap and need to consider changing gears from bullish to bearish. The potential downside from here could be big and I will be taking the necessary precautions to protect my investments. Dropping to the $40k level could set up a massive head and shoulders pattern which would take us down to $16k-$18k. That is a worse case scenario, but a plausible one, especially considering Bitcoin's proclivity for dramatics.
In terms of the alt market, I don't think I will be making many shorts given how bullish they are against BTC. We could have a December 2017 - January 2018 flip between Bitcoin and the alts where the alts break their usual behavior pattern and follow Bitcoin's lead. If this is the case, I will be looking for ALT/USD entry points when Bitcoin hits its lows and hoping for strong alt spikes when it moves sideways. We will see. Stay tuned!
BTC/GBP 1DBitcoin (BTC) / Great British Pound (GBP)
1D Time Frame
AUGUST 9th UPDATE
This is just quick update on my BTCGBP analysis from August 9th.
As you can see Bitcoins movement is going exactly as stated so hopefully it stays on track.
I will be doing updates on this charts movement.
If you want to see updates simply follow my page for more just like this.
I do daily chart analysis also regular chart movement and brief updates on charts that i have done.
If you like my analysis & brief give it a thumbs up.
If you have any questions please feel free to leave a comment below or send me a direct message.
Thanks guys
THE CRYPTO PLANET
BTC/GBP 1DBitcoin (BTC) / Great British Pound (GBP)
1D Time Frame
Bitcoin is looking bearish at the moment showing movement towards its support at 28k.
Once Bitcoin hits that support it should turn around and start heading bullish towards between 35k - 37k.
I will do a quick update on Friday 20th of Aug to do a quick brief on its movements.
If you like my analysis give it a thumbs up.
If you have any questions please feel free to comment below or send me a direct message.
THE CRYPTO PLANET
BTC/GBP 4HBitcoin (BTC) / Great British Pound (GBP)
4H Time frame
GREEN ZONE
bullish towards 37k - 40k.
RED ZONE
Bearish towards between 30k - 28k.
I believe Bitcoin will continue to rise up with some minor falls but nothing major.
I will be of coarse doing weekly updates on its movements.
THIS IS NOT FINANCIAL ADVICE
The Crypto Planet