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Btcpriceprediction

BTC: The Curve DownGood 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! - We have followed a sharp curve down. - Will need to see what happens when we reach the converging points - 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!
Short
by dstvst
2
BTC - 4h. The local critical point is $33,400.Yesterday will be remembered this week as the day of the consolidation breakthrough. The sellers broke the $32000-33000 range and tested the $28,800 mark . In our previous idea, we expected a local continuation of movement in the triangle, but globally, we expected a price drop. The price of BTC began to slow down strongly in the range of $30700-31300 . The 4-hour candle with the largest volumes looks very small, which indicates the large limit orders of buyers who restrained the price. False breakdown of this range gives buyers a chance for rehabilitation. On the chart we have published two potential trades that we see at the moment. So far, there is too little information to determine whether the BTC price has completed its correction or not. If buyers can't control the $33,400 mark, the decline will continue for the next week. Target $26,200. The main problem with this scenario is $30700-31300. However, closing part of the position in this range will significantly reduce the risks. This manipulation will allow us to calmly expect the price of BTC to continue to fall. If the price is fixed above the $33,400 mark, we see a good opportunity to trade with the $36,460 target. Whether there will be a prospect of breaking the trend line and the beginning of a new growth channel - we will see the circumstances. P.S. we experiment with writing ideas. Today's format is new for us. If you like this format - write about it in the comments and like it. Have a good trading day. P.S.2. Yesterday we saw the statistics of our top 11 ideas for 4 months. If you haven't viewed it yet - link below:
BITSTAMP:BTCUSD
by P_S_trade
15
BTC-4h. 38645 can be a big problem for buyers.Buyers in the BTC market received a rather strong blow . Unsuccessful weekend trading and the uncertain closing of last week's candle provoked a 20% drop in the price of BTC. Given that the decline was in increased volumes - the probability that the BTC market began to correct the frantic growth trend is high. However, the local wave of growth that began on December 11 has not been broken. Buyers kept the white trend line and the range of $33,500-34400 . If the next 12 hour candle closes above this range - buyers will launch a counterattack. The rise in the price of BTC at reduced volumes and the test mark of $38,640 will be good signals for the continuation of the correction of BTC with a target of $26,200. P.S. if the global correction of the growth wave has started now, the market will cool down for a long time after such a rally. If you are interested in a deeper idea about BTC - read our global BTC idea:
by P_S_trade
3
BTC-2h. Buyers are holding the blows and targeting $25,000.The weekly BTC consolidation continues to deplete market participants. Since December 17, sellers have tried four times to break the $22,500-22700 range. During the last attack of sellers, the price could only touch this range. As a result, buyers have formed a new local trend line . The price of BTC continues to remain between critical points. Buyers are now gaining the courage to test the $23850-24000 test. Given the price movement in the sloping consolidation channel - the next local target of buyers is $25,000. The dominance of the BTC continues to grow steadily, sacrificing other coins. To start falling prices in the BTC market, sellers must show aggression and not allow buyers to consolidate above $24,000. After breaking the $22,500 mark , the correction of BTC's long-term growth will begin. What will happen in this case with other coins - it's scary to think. Suffice it to mention how XRP fell.
by P_S_trade
2