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BULLS or BEARS ?!Hello Dear Friends . . . First things first: BTC Broke it's downward channel after about 8% correction from 48K to 44K which I think it's enough for moving higher! Second things second: Yellow lines shows my favorite scenario that when ever BTC squeeze before LIQ. AREAS it breaks it and hunt SELL SLs so after that we can see more pumps. Last things last: It's obvious that inside an elevator we have both UP/DOWN keys so, blue arrows shows that if BTC doesn't squeeze before red areas and rejected by them (LIKE What we see at 48K) we will reach 46K again! . . . TRADE WISELY AND BE SAFE ❤️
by Dan_Bilz_Brother
$BTC PRICE PREDICTION/ TREND REVERSALThis price prediction shows a dinamic curve resistence we have been carrying since almost the 60k level to the 34k level that had a breakout and then formed a descending triangle. As we can see the descending triangle ended up breaking above the 35k level forming a price projection of an exponential grow of the $BTC price. It is also important that this price projection was formed after breaking the 50MA that we hadn´t broke since mid-may and that caused this massive dip on the price.
by nazh17
BTCUSDSometimes patterns change meanings and sometimes they have different meanings in different places. In my opinion, the triangle is a run button to continue the process. If it is formed in an ascending trend, it will continue the trend from all sides after the defeat, and in the same way if it is formed in a descending trend. On the other hand, you should pay attention to why whales are still watching the market and have not yet entered the market ?! Do not forget that this market is unpredictable and sometimes we have to wait for valid confirmations to continue the trends. Good luck and be profitable friends.
BITSTAMP:BTCUSDShort
by Shantya
3
$BTCUSD - Bullish flag and Fibo levelsHi guys! 👋🏻 🔔 Bullish flag is being formed on BTC/USD 🔔 The Fibonacci divergence of the latest impulse replicates a support at 0.5 Fibo, however Bitcoin might as well drop to 0.618 Fibo to a massive support around $59K. 🔔 The retest of $59K would be a drastic uptrend signal as it not only holds the dynamic support of the bullish flag but a dyanic support of February 28. 🔔 Also there is a stable static support at 59K, hence sooner or later BTC will jump towards $68K and as the volumes increase, Bitcoin will proceed towards $70K and $78K. This ending diagonal formation might suggest a bearish reversal, a strong reversal but since March 2020 we have seen many times that BTC simply ignored the pattern and was rather bullish on the completion of this pattern than bearish. ✊🏻 Good luck with your trades! ✊🏻 If you like the idea hit the 👍🏻 button, follow me for more ideas.
BITSTAMP:BTCUSDLong
by azizelliott
BTC - 6h. Buyers are preparing for the test of $60,000Good afternoon everyone! The new BTC week began with an attempt by sellers to lower the price below the critical range of $56,000-56500 . At the beginning of the day, sellers managed to touch this range. However, the 4h candle closed with a hairpin down. This fact shows that buyers are ready to hold a critical range and fight for a new wave of growth. In the range of $56000-56500 there is a critical trend line of the global wedge, which we wrote about in our previous idea: Having lost this trend line, buyers will finally capitulate and open the way for sellers to $45,000 . Therefore, it is important that today's daily candle closes above $ 57400. In this case, tomorrow we will see a new wave of growth and an attempt by buyers to go beyond $60,000. Have a great week and take care of your deposits! P.S. Statistics of our trades last week here:
Long
by P_S_trade
12
BTC: ABC Still Valid?Good day to all profit makers! If you find my charts useful please consider a follow and a thumbs-up as it motivates me to share and grow with you! - If we do not break above 58000 a further bearish downtrend can be expected - Possible ABC Correction Wave. -Possible that we can break out into new ATH - Consult the chart for more information. - Note: - This is just my current idea. - I am not a financial advisor! and this is not financial advice - There is always a huge chance of different patterns taking shape in these ever-changing charts. - My views and charts can and most probably will change! - I can be 1000% wrong! - Trade responsibly. - Be focused. - Have a plan. - Stick to the plan. - No FOMO. - Take the time to study YOUR own charts and come up with your own ideas as you are going to trade with your money. - Never trade what you are not willing to lose - Remember Stop-loss is your friend. - Smile! - Good Trading and Good Luck If you find my charts useful please consider a follow and a thumbs-up as it motivates me to share and grow with you!
by dstvst