Btcidea
BTC bullish divergence on 2D and 3DFirstly we look at 2D chart and we see hidden bullish divergence on RSI which means that the price is making higher lows and oscillator is making lower lows, We take this signal as a potential bounce in coming days.
Now let us look at 3D chart, Again we see hidden bullish divergence on 2 oscillators which are CCI and CMF. Again this is another strong signal that bullish momentum will resume from here.
Market has never been this confusing as now. Charts and on-chain data shows that we are ready for a massive bull trend whereas macro economic factors suggests otherwise so this could possibly be a bull trap. Let us wait for weekly closure and then will further update.
BTC/USDT Short term Update...More correction ahead?As said in my last post, multiple rejections from the 44k level show weakness in bulls and bears taking over in the short term.
Flipping the 44k level could change things for BTC in the short term.
So far BTC could go down to the $41700 level where we have the 200D EMA support.
Failing to hold that level would be bad for BTC.
So far Bounce from $40900 to $41700 looks highly likely,
Since USDT Dominance is hitting the resistance right now, anything could happen.
Action:- Wait for the bounce with the volume on 200EMA to trade on futures.
SPOT:- Keep adding to your alt positions to DCA.
DYOR
If you find this chart helpful, do hit the like button and share your views in the comment section.
Thank you
#PEACE
Bitcoin Daily Chart Update Hi Traders,
Here's my view for Bitcoin in the next few days; if we don't break the Red Box with a Daily close above 46k, I think we will have a new Bottom at one of the mentioned area in the chart! $31k ~ $28k.
This scenario will fail once we close daily above $46k.
Entry would be at the mentioned levels, or after a Daily close above 46k!
NFA, DYOR, and Good luck everyone.
Let me know what do you think in the comments! smash that like button if you like the Idea!
Free Spirit idea - Big question. Why do we sit at 45KSo my 1st map, as I like to call her 'Fib hell' points at very particular point in time and space. We can think something like
1 = 1·000000000000000000 -
1/3 = 0·333333333333333333 +
1/5 = 0·200000000000000000 -
1/7 = 0·142857142857142857 +
1/9 = 0·111111111111111111 -
1/11= 0·090909090909090909 +
1/13= 0·076923076923076923 -
Happy hunting!
$BTC #BTC 1H Chart - Short Term Trade Idea With Entry & Targets.Hi Traders,
Here's what I see for the next few hours/days for #Bitcoin!
If we succesefuly Break the $41700 Level, This trade will be active, and the targets will be as follow:
45400$
48000$
51200$
54900$
STOPLOSS will be 2 Hours Close Below 40400$ AFTER ACTIVATION.
NFA, DYOR, and Good Luck.
BTC PULLBACK INCOMING?Right now, BTC is rejecting a strong resistance zone on 4hr time frame.
No one knows if this rejection will work, thereby pushing the price down to retest the 43,000-42,400 zones before it continues its uptrend move and break-out of the 44,400 zone.
Based on the rejection that's currently forming, I expect to see the price pull back a little before breaking its current resistance zone.
But hey, this is crypto market where anything is possible.
$BTC Update 15m Chart - Fake Pump? Will Continue or reverse?Hi trader, this is an update to the last Trade Idea for #Bitcoin,
There is a possible Adam&Eve Forming which lead to the 40800$ level if the pattern successefully confirmed.
If you bought at 41700$ I suggest Moving your StopLoss above your entry, or at Break-even, or even taking some profits.
Remember, the pattern may fail, if this happens and we break the 43400$ Level, then I will be buying with a StopLimit too at 43400$, second entry confirmed with a stoploss at 41600$ (1H close below 41600$).
DYOR, & Good Luck.
Let Me know what do you think in the comments! Press that Like button too.
BTC bearish bat target $42,057Price action is attempting to form a bearish 🦇 on 2 hourly. Completion of this harmonic will be at $42,057, Invalidation of this will be $43,311. FOMC news had a very temporary effect on price action and afterwards we were bombarded with good news for future of crypto which pumped the market back up almost in an hr. Now we are back at R/S game. Bearish trend is still intact until we take over $46k on weekly.
BTC Deep Crab Target $41,877BTC is in process of developing bearish deep 🦀 harmonic, Completion of this will be at $41,877. We have bullish divergence of RSI and VWMACD on daily chart which if plays out then chances of hitting $41k are quite high. Now fundamentally, We have FOMC meeting tomorrow regarding interest rate hikes so we may see volatility today/tomorrow.
BTC is making bullish DEEP CRAB!!!BTC is in the process of developing bullish deep crab harmonic on hourly. This is somehow in confluence to bullish butterfly harmonic from yesterday which completes at $35,707. So we can possibly see some bearish price action before a leg up. We have weekly closure in 12hours from now so further development in price action will be shared upon closing of candle.
Either break it or leave it!As I mentioned in my last idea when BTC was around 38-39k that the shorts will be trapped. Now we are moving in the next range and it is time to break above 45-46 which has become a strong area of resistance. If it does not break, it validates that the market will go short. Personally, I expect a trend until 52-54k and then we head back to downtrend again. I do not see a new ATH.
Short term trade on Bitcoin!Bitcoin was rejected from 45K again and started a downward trend, but for now you can go long till the box in the chart. Don't forget that this is a short term signal and after that it will start a downward trend again. So this is just a correction!
For Iranian: In tahlil kootah moddat hast!
Goodluck guys!
According to Bitcoin analysis,it can have a target of 75k to 85kMy opinion as an analyst is that currently Bitcoin will fall to around thirty-three thousand dollars and will get energy, then in the first part it will have a growth up to around fifty to fifty-five thousand dollars, and again because it can not cross that point. The fall will be around the price of forty-five dollars and then at that point, with the formation of an inverted head and shoulder, it will move strongly towards the second target and break the first target, the second target can be around seventy-five thousand and above around eighty And five thousand dollars.
This is my opinion and it can be wrong. Please do not buy or sell on this analysis.
BTC Updated ZonesThe 1on1 video is currently out, if you would like it in order to understand how to play my analysis FULLY, please let me know privately.
All likes/comments and feedback are very much appreciated!
How to play my chart:
Buy at support, sell at resistance. When you open this chart you'll see a green entry and a red entry. When the candlestick hits the green entry, you place a buy. If however that support buy doesn't go into profit and goes negative -35 or -60 pips (depending if it was a fast break/or if the break landed on a minute 15 zone), if it breaks you would then exit your buy and immediately enter the sell. You would then ride that sell down to green TP1, or you could then repeat and play the buy/break there.
The same exact thing goes for resistance sell/break plays!
2 for 2 with bitcoin shorts today! Riding it down caught the wicafter taking partial profits on my 1st BTC short i moves my stop loss into profits which was triggered when it wicked up, which is why its always smart to take profits along the way and move that stop loss into profits to make it "risk free"
After a massive surge up i felt like it wouldnt sustain above the ascending trendline so I jumped in with a larger trade than the previous short. I already closed about 50% of this short @ 37500 letting the rest ride.
What if BTC went to $10k-13k, bounced and went to $100k? An ideaHere's a longer term idea I'm playing around with and my reasoning for it:
When price broke $13k, it tested it 3 times prior to breaking through resistance and on higher time frames, never retested the level as support. On top of that, price rose really quickly after breaking out, unlike the normal start to a bull run where price rises slowly and then accelerates towards the peak.
Because of that, I could see price coming back to test the $10k-13k supports sometime this year before resuming the bull run. What also leads me to believe that this is a possibility is that the charts of other major crypto currencies like LTC, ZEC, etc., also look to me like they want to correct to the mid double digit ranges which makes me believe that Bitcoin would need to fall much lower for that to happen.
This is just an idea for now, but I think the probability of it playing out gets greater if BTC can gets under $25k at any point.
BTC set UP TIME FRAME 1 MONTHLYThis TF1M look at arrow, key candle at January 2022. if candle close at above 42.629.001$ need candle in Februari break closing 48.000$ after is BTC still not healthy, need confrimation if want brekout, because BTC must closed price above at 52.930$. and continoues bull , if BTC failed close 52.930$. and only Close priceat 50.830$ this is very dangerous . becaus HNS Formation created in TF1M . this very importan, and break down go to 22.000 $ -17.220-16.609 $ , if BTC can created Engulfing in Febuari - March 2022 BTC can MOVE rally to 83.000 -85.000$