BTC LONG SETUPBTC 4H LONG SETUP
Range deviation first target is EQ second target is TP3 level (0.382 Fib level) and last target is RH.
BTCPERP
btcusdt• Bitcoin weekly analysis:
• The lower last Kiss still remains at 44k levels. Let's hope to reverse from that level. Otherwise, we will be bearish. See the chart
• Dont forget to put stop losses on your trades
WGBA-- BTC Short-Medium Term CrashWe Gon Be Alright - While BTC has crashed -$10,000 in one daily candle, we still have a very strong macro uptrend that is still currently holding. However, if that trend is broken on a daily close then we could actually see that $10,000 BTC every bear has been praying for. Personally I see the slow move toward the macro trend, then a bounce back up to eventually test $57,000-$60,000. In the more bullish scenario, I believe this will be the big correction to ultimately take us (quickly, after some accumulation) up to $70K-$80K. Then 1 or 2 more big corrections like this one, until finally topping out a little above $100k. The bearish scenario would take us below the trend and then SLOWLY swinging sideways down towards $10k. The second scenario does seem much less likely from a macro-investment standpoint. Either way, I do believe this may prove the lengthened cycle theory.
$51k Before Melt-up - A Case of ConfluenceLong-term channel (Dec 20')
Long-term trend/support (July 21')
0.718 rejection -> 0.618 retrace (major fib)
DBW nearly complete and the larger containing formation of DW nearly complete (needs 1 more touch for total of 3 for each formation)
BTC Log Growth Curve indicator (monthly/log scale) - $51k correlates with 0.5 fib
Downward momentum
Conclusion: $51k last stop before moon
BTC No breakout yet Good trend to watch!!!
we need a higher high above 69k to prove to me we are not going to 30k region.
Comment where you think BTC is going??
btc 11-29 update~morning,
this little impulse here looks like a bull trap,
was observing the volume profile, and flow & it looked a bit shady.
good potential we raid the lows one last time before making a move up.
if you took any of the longs i shared yesterday, move stops up into profit, or to breakeven.
expect this if it comes, but know that it doesn't have to happen.
we might just fill the cme gap & continue moving up.
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in my opinion, it's going to take a few attempts to break downtrend.
Bitcoin (BTC) • No sign of strength yet still neutral waters In this video we take a look at usual technical levels and what is looking good and what is not.
I'm not yet seeing structural and momentum strength coming from PA at the date of this video despite the move from 53 to 58k.
I didn't have time to cover many other points put hopefully it helps viewers to developed other nuanced interpretations of the data available to us.
Remember to keep EGO in check. "The market is the teacher. Ego is the enemy."
Bitcoin and The 111-Day SMAwww.tradingview.com
Add an indicator with a 111 day simple moving average (MA). Its bounced off this multiple times in the past....set stop losses below the 111 day MA. if it breaks were looking at a March 2020 repeat. Possibly a shark pattern completing in the low 40s.
Not financial advice
BTC PERP More confluence for 30k re-testNow we have a strong support level acting as a pivot point for previous (linked) trend idea.
i have marked all the times it has been respected, even in the last climb this level was very informative for trend...
so using the 52000 level as a pivot we can see a break below this level will validate for me a 30k region re-test... if a strong bounce occurs of this level i would still hold caution until this range 30k - 63/69k is broken...
the chart is screaming for downside im surprised people are buying right now...
BTC PERP VERY HIGH CHANCE (SHORT-TO-REBOUND)Simple bearish wedge pattern to keep eyes on for a nice trade... looks like it could be breaking down right now...
I am looking for a rebound but not 100% on where it will happen yet... long term i still feel a retest of 30k is coming...
short term a little rebound is expected...
BTC/USDTLooking at the chart from the weekly chart down to 1 daily chart I think BTC will fall to around 52k to 50k, might be with a long wick or just a quick one then bounce. I will advise you not to rush, just sit back with your money and wait for a clear picture. It may want to touch the 62-63k area first before it falls deep but be always ready to buy deep or you can set your buy orders to 62k, 61k, 59.
Good luck
BTC SHORT TERM MOVE60k is holding us tightly, we could take the stairs up a little but if the blue trendline ( red circle ) rejects us, we could imagine BTC moving down to the next level, in the other case, if we go over the trendline, we will build momentum and consolidate the resistance between the 60k-63k level before a move to the upside. Time is on our side !
4h Frontline ReportNo prediction but an attempt to draw price dimensions into strategic(-military) sectors.
Bitcoin (BTC) • A shakeout in the making before 70k?Price is currently looking somewhat weak and the books are very crowded on both sides.
My assumption is that the market believe 58-60k is strong support due to monthly opens but there is also a good chance we see a bear trap by visiting bellow 58 and incentivising panic sellers to jump in plus plenty of stops just under the 58 down to the 54 range.
Watch the video for explanation of the hypothesis.
BTC 6H BUYBTC 6H support is at ~$62500
Enter 50% here
and try to set some buy orders near the support zone
If BTC holds above the trendline,
the Take-Profit target would be $64875, $67750, and $72325
Cheers
Bitcoin (BTC) • A structural look at the price OK Bitcoin is looking good.
In this video I talk through the fact price closed above monthly down-candle opens and so far trends remain healthy.
Quick glimpse through the books show some resistance at the 70k range as discussed in previous videos and that after recent moves at the date of this video liquidity from 67 to 62k is a lot a bit more flat at the moment. As described in the video maybe good idea to have some orders place at 63k range just in case they decide to flash crash this to wipeout some leverage out of the system.
BTC IS READY TO BREAK 80K IN NOVEMBER as we can see #btc is forming bull flag
tgts are 80k-84k
rsi is also bullish
i expect the tgt within 2weeks days upto 23 novemeber 2021
BTC PERP BEARISH!!! LONG-TERMI do not think it will die just a retest down towards the 30k region.
why? the trend is your friend, and that is a clear failed breakout.
unless it breaks out abouve the top trend line in the short term i would look for a great buy in opportunity at 30k zone
BTC 1D BUYBTC 1D support is at ~$51200
Enter 50% here
and try to set some buy orders near the support zone
If BTC holds above the trendline,
the Take-Profit target would be $68000, $728000, and $78000
Cheers
BTC 1H BUYBTC 1H support is at ~$60500
Try to set some buy orders near the support zone
If BTC holds above the trendline,
the Take-Profit target would be $63000, $68000, and $72000
BTC TO $50600?technical analysis on what I think will happen to bitcoin, analysis done on the 4hr timeframe.
