Btcsdt
BTC : DAY TRADE 40572Thanks for reading this day trade update.
if the market can gain the 40572 then there is a possibility that we could see BTC increasing up the 41K in the coming time frames.
Important trend confirmation is at 40.3, this level should be held with confirmation.
This means that this day trade only will get activated if BTC targets 40572
- Manage the risk since the updates is not a trading advice.
📈 Crash History RepeatsIn the dynamic world of cryptocurrencies, history often offers valuable lessons. Recent market events have some intriguing parallels with previous years, shedding light on Bitcoin's remarkable resilience. 🪙📜
2019: The COVID-19 Era
In 2019, the crypto market faced its own challenges amidst the COVID-19 outbreak.
Bitcoin initially experienced a price drop due to the uncertainty surrounding the pandemic.
The 2020 Resurgence: Learning from the Past
What followed the 2019 dip was a stunning resurgence.
Bitcoin not only recovered but soared to new heights, demonstrating its ability to weather storms.
2022: The FTX Incident
Fast forward to 2022, when the market faced turbulence due to the FTX incident.
Once again, uncertainty gripped the crypto space as prices took a hit.
2023: A Familiar Pattern Emerges
In a fascinating twist, 2023 seems to echo the past.
Similar to 2019 and 2022, Bitcoin is displaying resilience in the face of adversity.
Bitcoin's Tenacity: A Lesson in Adaptation
Bitcoin's history is a testament to its ability to adapt and overcome challenges.
The crypto giant has repeatedly bounced back from setbacks, surprising skeptics.
The Future: Navigating the Crypto Landscape
As we navigate the ever-changing crypto landscape, history reminds us that market downturns can be followed by remarkable recoveries.
Staying informed, maintaining a diversified portfolio, and practicing risk management are crucial.
Conclusion: History as a Guide
History has a way of offering guidance in uncertain times. While we can't predict the future with certainty, we can draw inspiration from Bitcoin's resilience.
As we witness Bitcoin's tenacity once again, remember that the crypto market is ever-evolving. By learning from the past and staying adaptable, we can navigate the challenges and opportunities that lie ahead. 🌐🚀
❗See related ideas below❗
Feel free to like, share, and share your insights in the comments. Your active participation fuels our crypto discussions and fosters a collective understanding of this exciting space. 💚🚀💚
CAN BTC BREAK 39.5k LEVELHi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
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Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as an
#BTC is still under this falling wedge pattern, yesterday BTC make 39547k high but it got rejected from there.
currently, it is facing the upper resistance of this falling wedge pattern.
Here we have two scenarios.
First scenario: BTC has $37 - $37.5 as a strong support level so so we can expect a Bounce from here.
Second scenario: If BTC will not able to hold the $37 - $37.5 level support then it can drop up to $34.5 level or we have some local support around 36500 level.
Let's see how the market reacts a few hours.
This chart is likely to help you in making better trade decisions, if it did do consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
BTC POSSIBLE SCHENARIO on 1 hr ChartBTC take a bounce from 34200 level and now creating a bearish expanding triangle on 1 hr chart.. also 50DMA now acting as a resistance . Also the there are a resistance trendline which you can see into the chart. Now BTC can take correction till 36300 then we may see small bounce towards 39100 then it will go towards 33600. another 2 possible scenario you can see into the chart.
BTC/USDT 4 HOUR ANALYSISWelcome to this quick update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
I have tried my best to bring the best possible outcome in this chart.
BTC breaks out the $38500 level but this is not yet confirmed everything depends on 4 hours candle closes so let's see how it closes.
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section.
FTTUSDT Technical Analysis💎 FTTUSDT has broken above the descending channel. It has also has been making HHS and HLs in the channel. After the pullback we can expect that the price goes higher.
💵 Invest Only 5% of your Portfolio
🎳 Entry now or from 43.27 - 40.84
☕️ TP1 46.67
🍺 TP2 51.21
🍻 TP3 55.63
🍾 TP4 60.00
🍷 TP5
🍸 TP6
🍹 TP7
🎁 TP8
🚫 SL 40.49 - 38.99
Good Luck 🎲
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BTC/USDT 12 HOUR ANALYSISWelcome to this quick update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
I have tried my best to bring the best possible outcome in this chart.
As I say in the previous chart that BTC has to close upside the 21 MA or white trendline for a retest now we are expecting a bounce from 21 ma or a white trendline.
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section.
Thank you
BTC CORRECTION(FUTURE SIGNAL)At the moment, Bitcoin is in a channel and it touches the channel ceiling, and since we see a Dodge in the daily time frame, it can be said that Bitcoin will have a correction to the lower level of the channel, and after that it is possible. Bitcoin should continue to fall or be pumped.
SHIBA INU DAY TRADE SHORT TREND Hello trading friends,
In the coming time, we will update more about Shiba also with day trading.
We will follow Shiba Inu with short and long, this update means nothing about the long term, its day trade, and if the trend change, we go with changing. never fight against markets, but go with them to the trend. The goal to hold a 78% Ratio or to increase it.
As you can into the title Shiba looks to have a day red into the trend - we looking only for an uptrend from 0,00757
Have a good time!
If you like this updates give it a like, thank you
Ascending Triangle on BTCHello Traders,
BTC is forming a bullish accumulation pattern called Ascending Triangle and we have two possibilities to buy this asset, one of them is on the support of the pattern which is what is happening right now. And the other buying point is on the breakout of this pattern above the accumulation.
But be careful Bitcoin is very linked with SP500 who is facing a FUD with the second wave virus fear.
Push the like button and follow us on Tadingview.
$BTC made THE pullback. And now?Potential scenario
After more than three months, it happened. The descending triangle, broke downward . Bitcoin has been making decreasing maximums for three months, putting a lot of pressure in the support $9,300. It was very likely that we could have a bearish move, and now the largest cryptocurrency is being traded at $8,000.
As the book of John J. Murphy argues, Technical Analysis of the Financial Markets (known as the bible of trading), descending triangles have a very high likelihood of having a very sharp and large bearish movement once the triangle is almost completed. Also, after the very quick price increases during May and June, BTC was likely to have a large retracement.
At the time of writing, the price hovers around $8,000, the question is, where is the demand, waiting for the price to start a new bull run? As you can see in the chart, S1, S2 and S3 have higher chances of being levels where the demand could push the price up again.
TA comment
Continuing with the main question of the previous section, where will the demand drive the price up again? Nobody knows for sure, but the community agrees that it will be a level between $6,800 and $8,000.
In order to take advantage of future bull runs, we need to add an indicator to our strategy that could capture such movements and avoid opening positions meanwhile, the price remains bearish or sideways.
For this purpose, a slow moving average could work in pinpointing a momentum recovery of the price. We have selected the indicator RSI with region crossover to trade in the current scenario. It will open positions automatically once the RSI is oversold and crosses back to the neutral zone. This means that the price is recovering momentum and, therefore, might be bouncing on a support.
Pattern
Regarding patterns, the Closing Marubozu Bearish pattern was very present during the big fall we had two days ago. It is a bearish pattern and represents by one candle. This one has a long body and short, or none, wicks with a downward movement.
BTCUSDT UPDATEAfter retracing to the 38.2 fib level, btc is now pushing back up towards the 8330 area. If the bulls have enough power we will a push up to test the previous top at 8500, either forming a double top and dropping back to support or pushing through and continuing up from there.
If btc is rejected again at this level we will see it retrace to find support, with 8k being a key level which has been respected after the most recent bullish run.
If btc continues to follow the same pattern it has been on this bull run, we may see some sideways channeling movement from here before a break either way.
I'm still holding at the moment waiting for some confirmation of direction before making any trades.