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Btcsetup

Target (1) $47,000 Target (2) $57,000 I'm already actively trading this. The dollar is going to go down (for obvious reasons IMO and people will be scrambling for a places to put their money. Gold and silver look like they are going to trade sideways for a bit so that plus the T.A tells me to expect a massive rip to the upside possibly to create a second shoulder... I chose the weekly but the daily looks bullish as well. Good luck everyone sending you all love and light.
FOREXCOM:BTCUSDLong
by MarketWarfare
BTC RETRACEBTC hit the lower ascending trendline and bounced up nicely, which could suggest we see a deeper retrace for the month of Feb. A break under the trendline carries a risk of 27k imo, so IT'S important to stay vigilant. In the evenT price can hold the current lows, and STAY ABOVE the TL, I see a potential for a deep retrace into the 50k area. When we get there, I assume there will be a significant challenge. To start the month, I suspect we will range between 40k and 35k for a bit before it attempts to get back over 42k. In my opinion, it may take more than one hit to break back over the near-term res. but once above, it will open up further upside, imo.
INDEX:BTCUSDLong
by Entrenched
4
BTC looks like bearish this weekendThis week BTC lokal price reached the high of 35500 and couldn't breake the downtrend line. This local high now looks more like a bounce from last deep. Today is the date of futures experations on CME. We think that this bounce was made specially for big capital to come out as profitable as possible. Scalper Season analytics have an idea that BTC sale is still not over. We can see new serious support level at 28500, so BTC can easilly retest 31000-29000 in few days. Next week will be very important for bulls. If there will be not enough buying interest, local downtrend will continue.
Short
by Scalper_Season
3
BTC/USD - Update - 24.05 - Uncertainty rulesHello, traders! Starting from $59600 after Elon Musk's tweet, the cryptocurrency market followed the "eco-friendly" trend. Unfortunately, the trend turned out to be descending. Further, news from China contributed to the trend. First, the introduction of restrictions on operations with cryptocurrencies. Then news about the ban on "not eco-friendly mining". The sales were stopped by the buyers' control zone between the levels of $31000 - $37800. At the moment, buyers are making an attempt to pass the local resistance at $37800 and bring the price back above the main uptrend line. In the visible trading volume, we can see the $37800 - $47200 zone, where the trading volume is the smallest. This is the area where we should expect to see trading in the coming weeks. The sellers' control zone is located between the levels of $41600 and $47200. In case the price reaches this zone, we might see a second reaction from the sellers. In case the price goes above $39800, there may be a price squeeze between the sellers' and buyers' control zones, and the two trend lines: downward and upward. After that, the exit to the stronger trend will follow. The situation in the market is extremely unstable. Take care of your deposits and do not forget about risk management Good luck and watch out for the market P.S. This is an educational analysis that shall not be considered as financial advice
BITSTAMP:BTCUSD
by UnknownUnicorn10064030
Trade Set Up with BTCThis is my trade set up for BTC. The critical levels for BTC right now are the $46k, $48 and $52k regions. It is where most of the recent price actions have taken place. If there is a pullback and followed by a bullish reaction at the $46k region then BTC will take shape of a reverse head and shoulder pattern. This is the trade I want to anticipate and enter. My entry point is on that $46k support with a stop loss right below. On the flip side, if you are bearish, you could enter a short here as well, with a stop loss right above. The region around $42k-40k is where I would close my short. Let's wait and see what happens. Happy trading!
COINBASE:BTCUSD
by averagej0e
BTC/USD - so, is the correction over? Current formationHello, Traders! After the pressure from the Sellers, BTC went under the uptrend and tested the lower boundary of Buyers' liquidity buffer - the level of 30820$. At the moment the buyers are stopping the sales in the range of $30820-33600. We can consider entering the position and purchase BTC in the range between $32000-32500 It is reasonable to place SL near the level of $31000 After the price exceeds the level of 33600$, the retest of the uptrend is expected. Therefore, the buyers' targets will be the Fibo levels: $33842 $35400 $36957 Good luck and watch out for the market! P.S. This is not a piece of financial advice but only trade I would consider myself
BITSTAMP:BTCUSDLong
by UnknownUnicorn10064030
2