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Btcsignals

BITCOIN Near the 1D MA50, ready for a pump to $34000Bitcoin (BTCUSD) has been consolidating for nearly a full month (since the June 23rd High) and the 1D MA50 (blue trend-line) is only 1000 points away. Since the bullish break-out exactly at the start of the year, BTC has used the 1D MA50 as the short-term Support and more specifically the bounce level before each Higher High. As you see on this chart, the movement since the start of 2023 has been fairly Cyclical, a Higher Highs rejection starts a correction, which when the 1D MA50 breaks (1D candle closes below it), extends towards the 1D MA200 (orange trend-line). This sequence current has the last Higher High to give and we expect to start any time. Our target is $34000. Do you think the 1D MA50 will hold or break? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
BINANCE:BTCUSDLong
by TradingShot
10
BTCUSD AnalysisBitcoin on weekly supply zone resistance, after rejecting from it the first time, obviously bitcoin is at the zone the second time, seeing the momentum weekly candle, Bitcoin might retrace 50% of the momentum candle. the possibility for bitcoin to take out the weekly supply zone(sell zone) is 50% compare to possibility for Bitcoin to retrace 50% of the momentum candle is 75%. the best location to trade Bitcoin is at the 50% of the momentum candle to go Bullish in to the weekly supply zone. Also note that the weekly bias for Bitcoin is bullish (on ascending trend line)
BITFINEX:BTCUSD
by ExtraOrdy
BTCUSDT can ascend further!➡️falling wedge pattern it means that the price would increase and the price has already broken the pattern and Pullback is complete it. means price can rice to top of channel. 🌟 Bullish signals in the PRZ area are: - Dynamic Support -Broadening Wedge ⭐ Note if the Dynamic Support is broken downwards with the strength of Bearish candles from the bottom , this analysis of ours will be failed. ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
Long
by CobraVanguard
5
Bitcoin- Stalling at resistanceBitcoin reached 30k resistance zone again, but, instead of up continuation, the coin is stalling and a reversal could be next. Considering the importance of the zone and the fact that BTC is by far out of the woods, we could see a continuation of the downtrend in the next months. My first bearish target is the support trend line of the recent channel, but, as I said, a break under would lead to down continuation and a new low under 15k could be next for the next 6 months or so. Anyway, in the short term, spikes and possible rallies should be sold with a 28k target followed by 25.
BITSTAMP:BTCUSDShort
by Mihai_Iacob
10