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Btcisdt

BTC in a diagonal?The current trend of BTC is very weird. What was once a possible wave 2 pullback is now invalidated and where is we going now? The structure of Wave C to me looks weird to be a regular impulse and could be a potential diagonal. If this is the case, the final target of w5 of diagonal matches nicely with the 50% retracement of the last major impulse to the downside before this ABC correction. Just an idea and we must see an overlap of w1 and w4 before we consider this as a promising alternative & subwaves matches the bigger structure
by anthonysom
2
#BTC/USDT 30 MINUTES UPDATE BY CRYPTOSANDERSHello, members welcome you all to BTC/USDT 30 minutes quick chart update by CRYPTOSANDERS. I have tried my best to bring the best possible outcome in this chart. As we can see in this quick update that BTC created a Triple bottom pattern which is a bullish pattern and bounced with a big green candle. In the current scenario, BTC is showing some correction and currently trading in the support of yellow MA. So, I am expecting a bounce from the current level which will be the bullish trend for the short term. This is not a piece of financial advice. 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. thank you.
by CryptoSanders9563
2
BTC buy zone - short-term swingHi, thanks for viewing. I am targeting these levels as an entry point for BTC; between 28,570 and 27, 737. It may not get there... or overshoot of course. So, I will buy some at these levels and watch for signs of support if it reaches that zone... if I can get a higher low with good volume I will buy the rest when I see this. Where to after that? I don't know... A quick 15-20% bounce is my worst-case scenario. I am targeting a 20% gain within 2 weeks. I haven't decided if I will sell up or just take some profit and let the rest run - hoping for a new all-time high. I am an optimist, and hate missing out on gains... so probably stay in for a while. This is just a small trade... still holding some longer-term from Dec 2018 and March 2020. Sold most already, things are a bit frothy, but I see an upcoming opportunity for re-entry. Anyway, lets see how things go... good luck everyone and protect those funds.
Long
by flyinkiwi10
1
Bitcoin has reached its target priceA Bitcoin -6.7%, Etherium -4.0% The decline in Etheriem was smaller than the fall of Bitcoin. This is the first sign that Bitcoin has reached its peak. B. If the recovery of Bitcoin is low until the Ethereum reaches its immediate high point of 650 USD (BTC 28,400 achieved fail) This is a strong signal that Bitcoin has reached its highest point. C This indicates that whales in Bitcoin have already left the market. A strong decline begins. However, market participants who are aware of this mechanism will transfer their investments to Altcoin. Relaxed by the strong rise, he's confident that he's a successful investor. But the real upswing that you want starts in a week.
by Boramae192