DeGRAM | BITCOIN potential shortBitcoin formed a box after sell off.
Notice how price action is moving: extension, pause, and extension.
We expect further bearish move and break the box then retest the main support
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Share your opinion in the comments and support the idea with like. Thanks for your support!
Btcsignals
Financial Wave. BTC m15Our preferable scenario for BTC - the rise in wave C to the level of $19500 - remains the same. We have added short-term targets to our wave scenario that BTC can reach quickly. A rise in small wave 3 could take Bitcoin prices to $18,000 and $18,800. A drop in the BTC price below $16,000 cancels this scenario.
📉✌BTC 1H Long Position✌📈BINANCE:BTCUSDT
COINBASE:BTCUSD
Hi traders, first take a look at my previous analysis and positions.
💥Three Drive pattern💥
between now and the yellow area, you can open a short position in two steps.
If the price falls and reaches the risk-free level, you can risk-free the position.
TP1-2-3-4-5-6-7 are on the chart.
The optimum stop-loss is above the determined area.
Please share ideas and leave a comment,
let me know what's your idea.
CrazyS✌
Bitcoin- New leg down?In my previous Bitcoin analysis, I said that in current market conditions selling rallies is the safest way to trade and I indicated 18-18.5k as the zone to do this.
Indeed, after the break of support and the steep drop from the beginning of the week, Bitcoin rose, corrected the dive, and confirmed the 18k zone as new resistance.
The price action from the past 2 days is drawing a small triangle on our short-term chart and this could be an indication of continuation to the downside.
The base of the triangle is around 3kusd and this gives us a target of around 14k for the next drop.
Only the price back above 18-18.5k in terms of daily close would put a pause on the drop and signal a potential range trading for BTC.
BTC Heading Towards 12500$ 💥 👑Hello TradingView community 🚀 and my followers, please if you like the ideas, don't forget to support them with likes and comments, thank you very much and here we go.
Today I want to talk to you about the BTC chart.
At the moment price break the triangle.
Then, I think BTC breaks continue to move down to my goal.
My target is located at charts level.
I expect this scenario.
This is my opinion, I really hope it will be useful for you.
Be prepared and save your money. Make big profits!
Bitcoin-Don't try to catch a falling knife, sell rallies insteadTwo days ago I warned that Bitcoin could fall and since then, the price has lost more than 20%.
After such a dive is normal to expect a correction and this, indeed, is very probable.
However, if you are a short-term trader and you are not a buy-and-hold one, trading against such a strong move is extremely dangerous.
Considering the importance of the break after more than 4 months of consolidation the safest way to trade is to sell rallies.
At this moment 18k-18.5k represents a strong ceiling and in this zone (if is reached) traders should look for selling opportunities.
In my opinion, Bitcoin has not reached the bottom, and a new wave of selling will follow an eventual correction.
#BTC/USDT 4HOUR UPDATE !!Hello, welcome to this BTC /USDT 4hr chart update by CRYPTOSANDERS.
I have tried my best to bring the best possible outcome to this chart.
Show some support do hit the like button, follow and comment in the comment section. this motivates me to bring this kind of chart analysis on a regular basis.
CHART ANALYSIS:-The 4-hour chart paints a clearer picture of potential short-term targets for Bitcoin. After weeks of consolidation, the price has finally broken above the $20K resistance level, turning it into a potential support area.
The recent rally was launched after an impulsive bullish breakout from the bearish trendline, and the market is now trying to hold above $20K. If this level remains intact, a continuation toward $22,500 would be likely.
However, the RSI indicator should be closely monitored as it shows massive overbought signals, pointing to a potential reversal. In this case, the recent rally would be considered another bull trap and fake breakout, which would result in the price descending back toward the $18K support area.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
thank you.
GOLD SETTING UP FOR A DROP OF ABOUT 8000+Gold has been on overall fall and seems to continue as a touch at the .618 & .50 FIB region will trigger the sells momentum and most importantly rewarding SWING TRADERS with over 8000 Pips of the next couple of trading days depending on the volatility in the market + other fundamentals to trigger this technical play out.bring the price to $1620 per Ounce.
PATIENCE IS NEEDED TO ALLOW THE CONFIRMATION OF THE PLAY OUT!
📉✌BTC 15Min long Position✌📈Hi traders,We're back!!!
Between NOW and the entry area, you can open a long position in two steps.
If the price rises and reaches the risk-free level, you can risk-free the position.
TP1-2-3-4-5 are on the chart.
The optimum stop-loss is below the determined area.
!!! If the bottom of the channel got broken with a strong candle, find a suitable exit position as soon as the price returns to the range of the entry point !!!
Please share ideas and leave a comment,
let me know what's your idea.
CrazyS✌
Bitcoin - WATCH OUT ❗ BULL TRAP 📈Hi Traders, Investors and Speculators
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
From a chart analysis, I have been watching this major triangular consolidation for a while and optimistically hoped we would see a clean breakout above the white resistance zone. In other words, see a few daily candles CLOSE ABOVE this zone. What we see instead, is lower highs and wicky range trading.
From a technical indicator perspective we can see high volume with little price action. This means, that currently there is an equal amount of buyers and sellers. Nearly the same amount of people are bullish and bearish on Bitcoin, which causes the price to trade in a range. The nest thing to remember, is that range trading attracts algo's / algorithmic trading bots. Algo's specialize in shaking people out of their positions, aka stop hunt. This means that the price might increase to just above the resistance zone where most short sellers will have their stoploss, and then the price falls again to just underneath the support zone where most long buyers have their stop loss set.
So what can we take from all of this? SPOT . If you have to trade now, spot trading is definitely your safest bet during this time of the market phase, which is the accumulation phase according to the Wyckoff Method cycle.
Algo bots are notorious for their activity during the accumulation phase, so don't take low-reward high-risk trades!
Want to know which ALT I am bullish on ? Check out this idea:
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CryptoCheck
📈✌BTC 4H Long Position✌📉BINANCE:BTCUSDT
COINBASE:BTCUSD
Hi traders,We're back!!!
First take a look at my previous analysis and positions on TRXUSDT and others.
between now and the yellow area, you can open a long position in two steps.
If the price rises and reaches the TP1 level, you can risk-free the position.
TP1-2-3-4 are on the chart.
The optimum stop-loss is below the determined area.
Please share ideas and leave a comment,
let me know what's your idea.
CrazyS✌
BTC/USDT 12Hr UPDATE BY CRYPTOSANDERSHello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
BITCOIN UPDATE: -Bulls tried to break the long-descending trendline but couldn't able to give close above it and also got rejected from the horizontal resistance.
Still, the monthly close is above the key level support of $18,500, which is a positive sign for the beginning of this month.
BTC needs a successful breakout above the key resistance level of $20,400 for the bullish confirmation in the market
Sorry for my English it is not my native language.
Hit the like button if you like it and share your charts in the comments section.
Thank you
BTC/USDT :: Descending, but in what way !?BTC/USDT :::
<<< The general trend is downward >>>
First mode :
for a while the upward trend and hitting the resistance range of 34,000$ to 40,000$ and finally the downward trend .
The second mode :
The downward trend is integrated with short-term corrections .
In general, it depends on the direction of the triangle break .
<<<< Top ? Or Down ? >>>>
#BTC/USDT 4Hr UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
BTC/USDT UPDATE:-BTC Very Strong Support BTC Is Strong Support Between $18700 to $18500 If BTC Breaks Down Side $18500 Our Chart Will Be Invalid
This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits.
THANK YOU.
Bitcoin- A final spike down before reversal?Since the 68k ATH in November last year, Bitcoin is dropping and dropping, and dropping again with all rallies being sold.
However, at this moment, in my opinion, we are very close to a reversal and as I'm not a "tu da munar", I'm not "tu da gounder" either.
In the past 3 months, Bitcoin has drawn an H&S on our chart and a break under support would put pressure again on the main cryptocurrency, although the target for the pattern and also other types of analysis suggest a low of around 12k, I think we will not touch this.
A spike under this support is not out of the question though but, as I said, I expect a reversal after this final drop.
15500-16k could be a good place to buy and a price of above 25k by year's end is very probable
BTC/USDT 4H 22.09.19Hello crypto community and my followers, please if you like ideas do not forget to support it with your like and Comment and share with your friends, thank you so much
Now I'm waiting for this scenario.
I really hope this will be useful for you.
Be ready and take care your money. Have a great profit !
plan A (white) : 19500 goes to 17614 .16227
plan B (orange) : if 20226 break up , goes to 21700
📅 22.09.19
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BTC/USDT 1DAY UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
BITCOIN UPDATE: -Bitcoin (BTC) rose for a sixth straight session to start the week, as sentiment in cryptocurrency markets remained mostly bullish.
BTC/USD rose to a high of $22,244.38 earlier in today’s session, less than 24 hours after trading at a low of $21,493.03.
Today’s rally sees the token now up by over 12% in the last seven days, with some expecting further surges this week.
Looking at the chart, the recent bullish momentum has led to price strength moving towards the overbought territory.
As of writing, the 14-day relative strength index (RSI) is currently tracking at 59.67, and this comes following a recent breakout of the 55.40 resistance point.
In addition to this, the 10-day (red) moving average is now on the cusp of a cross with its 25-day (blue) counterpart, which could signal further surges in price.
This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Hit the like button if you like it and share your charts in the comments section.
Thank you
Bitcoin- Will it break above 22k resistance?After the false break under 19500 support, Bitcoin has reversed strongly and has gained 10% in just one day.
Now the price is consolidating just under 22k resistance and a break above is probable.
The structure is bullish as long as the price stays above 20.400-20.800 zone support and dips towards this zone should be bought.
Next target for bulls is 25k zone resistance
#BTC/USDT 4Hr UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
BITCOIN UPDATE:- 4-hour timeframe, after forming the same continuation correction pattern for the third time and consolidating inside, the price finally broke the lower threshold. This resulted in a massive decline to the $18K support level.
This is the most crucial level for the bulls to defend. If the bears successfully push the price below this critical level, another clash for power will likely occur.
However, there is a considerable bullish divergence between the price and the RSI indicator in this timeframe. The formation, alongside the sentimental power of the $18K support level, indicates a potential reversal in the next few days.
The current question is whether the bulls can hold this support for the fourth time. Next week’s price action could be a clue to determining the outcome.
This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Hit the like button if you like it and share your charts in the comments section.
Thank you