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Btclong

Bitcoin to break higher?Bitcoin - 24h expiry - We look to Buy a break of 31404 (stop at 30604) Price action has posted a Doji candle and is neutral for short-term sentiment. Prices have reacted from 29456. Price action continues within the short-term bullish trend channel. 31420 has been pivotal. A break of the recent high at 31420 should result in a further move higher. There is no clear indication that the upward move is coming to an end. Our profit targets will be 33454 and 33854 Resistance: 31000 / 31375 / 32000 Support: 30300 / 29500 / 29000 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
VANTAGE:BTCUSDLong
by VantageMarkets
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BTC/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin (BTC) rebounded from recent losses on Tuesday, ahead of the upcoming U.S. consumer confidence report. The Conference Board expects its index to rise to a reading of 104.0 in June, up from 102.3 the month prior. BTC/USD rose to an intraday high of 30,751.19 on Tuesday, following a low at 29,955.74 to start the week. The move appears to have occurred as the 14-day relative strength index (RSI) bounced from a support point of 68.00. As of writing, the index now sits at a reading of 70.17, which is once again in overbought territory. A barrier at 73.00 is now the next visible ceiling, and unless bulls break out of this point, BTC will likely move back below 30,000. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
BITSTAMP:BTCUSD
by CryptoSanders9563
Bull Flag Breakout on BitcoinThe mentality of many crypto traders is to disrespect anyone with a bullish bias. I think that we are in transition phase from bearish to bullish. IMO. The market is about to punish the bears, hard! On the 4H chart we can see the Flagpole. The flagpole formed between June 18th – 23rd. A 20% price increase within that time period. Since June 23rd price is consolidating in a channel, the flag. The maximum drawdown in Bitcoin’s price in this consolidation was 5%. Meaning that demand is strong, and traders are impatient. It is possible that Bitcoin is breaking out right now (yellow highlight). To confirm this breakout, we need volume to pick up and to break above 31.5K. The breakout target is 36,345. However, that does not mean that the uptrend will stop there. My minimum target is 39K. NFA What do you think? Please share in the comments. Best Wishes
Long
by NewThoughtCrypto
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BTC/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin (BTC) moved marginally lower to start the week, as its price fell below the 31,000 mark on Monday. BTC/USD dropped to an intraday low of 30,042.38 earlier in the day, which comes after the price peaked above 31,000 on Sunday. Today’s slippage sees bitcoin decline for a third straight day and comes as the relative strength index (RSI) moved into overbought territory. hit a peak of 72.92, which was not only near a ceiling of 73.00 but also its highest point since late January. This reading prompted bears to enter the market again, pushing the RSI down to a current reading of 68.81. 68.00, and if this support point is broken, there is a good chance that BTC slips below 30,000. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
BITSTAMP:BTCUSD
by CryptoSanders9563
Bitcoin Pullback Targets & PositioningTLDR: • This Idea is for those that want to increase position size or to enter long. • Currently, Bitcoin crossed the 31K resistance and I am fairly certain that liquidity is to the downside. • In addition, on the lower timeframes bearish divergences are forming which is a sign of exhaustion. I think we will get a pull back shortly, maybe during the weekend. • I listed my pullback targets with what confluence I could find. • Please read my previous Ideas (linked) because they provide context. Pullback Targets: 29,993 R.B.R Demand Zone: This is a newly formed demand zone formed out of a rally candle, base candle and a rally candle (June 21st -23rd ). I think it is too optimistic to expect this level to hold but this will be my first position 1/6. 0.236, 29,764: The 0.236 retracement is just inside the newly formed demand zone. The march rally is the blueprint I go by for this rally. In March, the 0.236 was pierced but the wick didn’t even reach the 0.382 level. For this reason, this will be my second position. 2/6 0.382, 28,739: On the March rally Bitcoin did not even touch the 0.382 retracement. However, it is just above the 28.5K level which historical support for bitcoin. I think It is probable that Bitcoin will get there, and this level is where I will position the rest 3/6. 0.5, 27,937: It is possible that bitcoin will reach this level. Bitcoin will remain bullish if it does. I am taking into consideration that my position may be underwater for a short period if it does. Trade Idea: • Entry: 28,739 (0.382 fib) • SL: 27,700 (below the 0.5 fib) • Target: 39K • TP: 31K, 33K, let the rest ride. Bearish Div. 4H NFA. What do you think? Please share in the comments. Best wishes to all.
Long
by NewThoughtCrypto
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BTC/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin moved above the 30,000 level in today’s session, ahead of a testimony by the chair of the Federal Reserve, Jerome Powell. Powell will be speaking today for the first time since the Fed’s decision to keep interest rates unchanged in June. BTC/USD hit a peak at 30,737.33 earlier in the day. This is the strongest point that Bitcoin has hit since April 14, when the price reached a top at 31,050. Another major catalyst for the move was a crossover of moving averages (MA), with the 10-day (red) MA, moving above its 25-day (blue) counterpart. the relative strength index (RSI) has also marginally broken out of a ceiling at 70.00 and is now tracking at 70.88. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
BITSTAMP:BTCUSD
by CryptoSanders9563
3
Bitcoin Pullback Targets – Take IITLDR: This Idea is for those that want to increase position size or to enter long. Currently it is not sure we will get a retrace. This Idea is to prepare myself (and you, if you’re interested) in case we get a pull back. I listed my pullback targets with what confluence I could find. Please read my previous Ideas (linked) because they provide context. Pullback Targets: • 0.236: If you intend to place a limit order your SL should be wide, at least IMO. Let me just add that Bitcoin is overheated, and I am not confident that such a shallow pullback is healthy for further continuation. • 0.382: Confluence with the ChoCh and just above the Fixed Range PoC. The 28.5K is a historic support/resistance level. I think that if Bitcoin does pullback, it will find support at this level. • 0.5: Deep, but healthy correction. Just below the range PoC and close to the support trendline. • 0.618: Relatively deep pullback. If we get that low, we will be touching the uptrend support line and just above the demand area. Medium confidence, IMO. We’ll have to see if it holds. f we examine the impulse of March 11th -17th. It was a relentless uptrend with no stops to onboard sidelined traders. The first impulse coming off of the bear market was the same. Check my linked idea for more context. Trade Idea: Entry: 28347 (0.382 fib) SL: 27427 (below the 0.5 fib) Target: 39K TP: 31K, 33K, let the rest ride. NFA. What do you think? Please share in the comments. Best wishes to all.
Long
by NewThoughtCrypto
BTC - NeutralWhat an incredible move. Looks to be legit demand, doesnt appear to be shorts getting blown out of the water. At resistance currently, definitely not a buy area, but this is strength that i wouldnt fade. Originally i said once we break 27.2 we would range until end of July. However, etf news and big money entering the space has catapulted us to the top of the range. Im in wait and see mode. Bags have been packed from 16k - 25k for some time now. Flip 31k and it gets interesting. Expecting consolidation here is reasonable.
COINBASE:BTCUSD
by RobsPlan
BTC Retracement Long Trade (1D TF) Based on the current trend, we are gradually approaching the midpoint, which seems to present a favorable opportunity for entering a long trade towards the resistance zone. It is worth noting that we haven't witnessed a retest of the midpoint as support yet, indicating potential buying interest in that area. By positioning our entry just below the midpoint, we can potentially avoid any false breakdowns and minimize the risk of stop hunting
Long
by MoneyBagTrading
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BTC/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin rose to a two-week high on Tuesday, as bullish sentiment made a gradual return to the marketplace. Following a low of 26,338.54 to start the week, BTC/USD rose to an intraday high of 27,147.47 on Tuesday. bitcoin rose to its strongest point since June 7, when it peaked at 27,402. it appears that today’s rally coincided with the relative strength index (RSI) also breaking out of a ceiling of its own at the 50.00 mark. Price strength now stands at 51.71 with the next visible resistance level at 57.00. In the event bulls are able to send the index to this point, there is a good chance that BTC will be above 28,500. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
ETH/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this ETH/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Ethereum (ETH) also rebounded strongly to start the weekend, days after falling to a three-month low Following a low of 1,653.17 on Friday, ETH/USD raced to an intraday peak at the 1,766.76 level earlier today. ETH fell to a bottom at 1,620 on Thursday, which was the weakest point that the price had hit since March 13. a breakout of the RSI was one of the triggers of the move, with price strength climbing past a ceiling of 41.00. The index is currently at a reading of 43.79, with the next resistance level at the 50.00 mark. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
3
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BTC/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin (BTC) surged on Saturday, as bulls of the cryptocurrency moved to buy the recent dip in price. BTC/USD rose to a high of 26,769.39 to start the weekend, which comes less than a day after trading at a low of 25,245.36. The move pushed the price to its highest point since May 8, a day when the price was at a peak of 26,820. Looking at the chart, the rally came when the 14-day relative strength index (RSI) finally broke out of a key ceiling at 43.00. the index is tracking at 50.55, which is close to a new resistance at the 51.00 level. Traders are likely targeting the 27,300 level and could hit this if the momentum continues to be bullish this weekend. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
2