Btcidea
#BITCOIN to $30,000 SOON!Holaa!! I am back after getting few quieres of how will BTC perform or really is it going to go to 30K again? I guess it is going to happen but is going to squeeze your patience out like a lemon haha.
AS Earlier i had made the chart and i have found out the same and as i always say charts follow historic patterns.
As i have tried to illustrate it here, a similar thing is happening here just to test your patience, or may be too much to liquidate your positions!
As you can see, here the double tops and bottoms illustration are clear, Below where it happened is on the same SMA as it is acting now, rest cause it might test $25,500 to shoveoff some positions but might is your mind if you hold these!
I would be glad if you need any charts, i would love to analyze it for you!
BTC Moving Very Good Last Days , Any Long Setups Valid ?This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
BTC almost bottomHello Traders, this is my current view of bitcoin :
Btc was moving down inside the slope channel
The 3rd wave was confirmed by the increasing volume
There's possibility that 5th wave has started and the target is around 14.78k
Will wait for price action to go long around 14.78k
The invalidation is 13.9k
*I just shorted btc from 16.84k
Stop 17.01k
Target 16.5k 16k 15.5k 14.8k
DeGRAM | BITCOIN potential shortBitcoin formed a box after sell off.
Notice how price action is moving: extension, pause, and extension.
We expect further bearish move and break the box then retest the main support
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Share your opinion in the comments and support the idea with like. Thanks for your support!
Btc ProjectionWhen we want to see the big picture, we see a large harmonic pattern covering the bull and bear .
Although the current price levels seem to have found support at 19K levels, I predict that this decline will continue until 12K. The reason for this prediction is the internal fractal patterns. If we want to explain this on the graph;
I think that the harmonic pattern, which I consider to be a shark pattern in the measurements above, has been completed and has started to form a new harmonic pattern. When we follow the existing candlestick from the CD leg of this completed harmonic pattern, we can observe that half of a new harmonic pattern emerges.
It can be misleading to predict which patterns this harmonic pattern will overlap right now. However, I can say that the new pattern will climb to at least 1.27 fibonacci levels.
Since I said it as a prediction, I think it would be more accurate to say that it will exhibit price movements in the range of 1.27 and 1.618 instead of saying that it will be 1.27.
If our prediction turns out to be correct and a harmonic pattern is formed at our expectation levels, we can add to this prediction that the retreats of this harmonic pattern will be in the range of 11-14K.
If we narrow the frame a little more and zoom in on the price movements, it seems that the current price movements draw a triangular chart.
Upward jumps of the candle needles can also be clues that the triangle will break upwards. Of course, since this equilateral is a triangle, it may not be a safe sentence to say up or down about the direction until the candlesticks extend beyond the triangle.
But my prediction is that there will be an upward break depending on the harmonic pattern I just predicted.
When we go back to the big picture, we can see that the fractals we are talking about are more than one. It also appears that the harmonic pattern we just mentioned was in a larger fractal before it.
If we take a measurement by accepting the resistance zones of these harmonic patterns as average levels of 1.618 fibonacci, we also see that these harmonic patterns correspond to the previous supply regions.
But there is something else that will disrupt our plan. The 0.786 -0.886 C leg of the prices, which I think will be on the rise right now, can go down a little further to 1.13 fibonacci levels, forming a shark pattern.
In such a case, prices may fall to 16400 and return from there. It is also necessary to be careful against this situation.
NOTE:This is not investment advice.
Bitcoin short term analysis !!!Hi lads. hope you're doing well.
So as you can see btc is still struggling at the bottom of the channel. Data shows that majority of the players are bearish at the moment.
In genearl, i think btc will go up from the current 19.5k levels. Also btc can touch 19.3k area before the jump just to trigger as many long positions stop loss as possible.
ideal area to buy btc or open long : 19.3k - 19.6k range
Also, dont use high leverage in your longs since the possibility of fake down legs are high atm. i recommend max 5 to 8 leverage.
Good luck and have a good one :)
BTCUSDT - Continue Down or pullback?#BTC/ANALYSIS
$BTC Lying on support and support trendline we have 2 options for BTC
1. If btc close 4h candle below $20.7k potential btc will go down retest on daily demand $19.2 - $19.9k Area. if we see in lower time frame looks like make a Head and shoulders pattern for BTC
2. Valid double bottom pattern if breakout and close above $21.6k potential retest on $22.7k and Dump going to daily demand $19k area
BTCUSDT - Broke Rising wedge #BTC/USDT ANALYSIS 4H
$BTC Break down rising wedge pattern and now will be retesting for continue down . in blue zone $23.3-23.7k key support level . Need sustain in this Area , if can't sustain possibilty btc back to retested at $20.8 - $21.3k Area
if we see from indicator in oversold area . i hope $BTC can rejected at key support level
we've to wait confirmation BTC in key support level if any rejection bullish candle we can setup entry
BTC/USDT ANALYSIS 4H#BTC/USDT ANALYSIS 4H
$BTC like option 2 . break the resistance and reject and dump after hit 1h Supply
for now btc will retested in $23.5k - 23.8k before continue down to $21.8k - $22k there is daily demand for BTC
for spot market we can wait confirmation first BTC now . on daily chart ALTS very overbough