Get started

Btcsignals

BTC/USDT 4HOUR UPDATEWelcome to this quick BTC /USDT analysis. I have tried my best to bring the best possible outcome in this chart. Hello friends as you know btc is currently moving in a falling wedge pattern from where nothing can be said without weekly confirmation or monthly confirmation trading has to be done thinking today is to book maximum or less loss or profit than work Holding now no thanks This is not a piece of financial advice. Sorry for my English it is not my native language. Do hit the like button if you like it and share your charts in the comments section. thank you.
by CryptoSanders9563
TERRA LUNA, Massive Head-Shoulder-Formation, Objections!Hello, Welcome to this analysis about Terra Luna and the 4-hour timeframe perspectives. Since the cryptocurrency market recently formed a massive pullback to the downside we need to adjust to the situation and derive the best out of it as such situations can also show up unforeseen opportunities. In this case it is highly important to consider the differences between the certain cryptocurrencies as they are all forming very differential setups, there are crypto coins that have a more bearish interface, there are coins that are more neutral and there are coins that have more bullish interfaces. With Terra Luna as I discovered and as it is seen in my chart the whole interface has a bearish edge as Terra Luna recently completed this whole massive decisive head-shoulder-formation marked in my chart in red with the breakdown below the lower boundary. Below the neckline Terra Luna increased with heavy volatility and now bounced back to form this confirmational flag formation that is marked in my chart in red with the black boundaries, this formation is confirming the whole breakdown and head-shoulder-formation. Within this formation Terra Luna also has a coherent wave-count with the waves A and B already completed and now as Terra Luna sets up for the final wave C this wave C will directly lead into this main resistance cluster where several resistances come together. Once Terra Luna tested this resistance there is a high likelihood that a pullback from there on emerges which will finalize the whole confirmation formation with a breakdown below. The whole targets of the head shoulder formation are as it is marked in my chart within the 40 Usd and once these have been reached the situation needs to be elevated again, for now we should not keep the bearish perspectives out of sight. In this manner, thank you for watching the analysis, all the best! "The high destiny of the market is to explicate rather than to speculate." Information provided is only educational and should not be used to take action in the markets.
by VincePrince
8
BITCOIN, With Completion Of THIS Formation 18K Is INEVITABLE!Hello Cryptocurrency Community, Welcome to this analysis about Bitcoin from the 4-day timeframe perspective. In recent times Bitcoin has shown up with heavy volatilities and increased spreads that should not be underestimated. At the same time, the regulatory voices against Bitcoin have become much more hostile and governments considering to ban Bitcoin or restricting it has become normal. Besides that, the overall economic situation is also shaky and in any case not what it was back before the corona pandemic hit financial markets. An increased inflation rate currently has the effect that more capital is flowing into the markets however if inflation should accelerate more this can have the reversed effect. Besides that, the FED decision upon a balance sheet decrease, stopping of the buyout programs, and possible increase of interest rates can hit markets bearishly as well. In this case, it is inevitable to take a look at the technical factors and this is what I am doing in this analysis, therefore, I detected all the important levels and determinations to consider. Structural Developments: Looking at my chart now we can watch there how Bitcoin is developing a massive crucial decisive formation that should not in any case kept from the desk here. As it is seen in my chart Bitcoin has begun to form this paramount ascending wedge formation, such an ascending has a higher tendency to form a devastating bearish reversal of the previously established bullish trend, this possibility is currently omnipresent together with the economical and restriction dynamics. In this whole formation, Bitcoin has already completed the waves A to D with the ending of wave D currently penetrating the lower boundary of the wedge formation from where a bounce has a higher potential now. This bounce will move on with the wave E and once this wave has emerged the final determinations will come when Bitcoin approaches the upper boundary of the ascending wedge formation again because BTC in this upper boundary has the main resistance cluster from where a pullback is likely which will accelerate bearish dynamics together with the decreasing volatility circle and the supply levels in this area. Upcoming Determinations: Taking all these factors into the consideration now what will be important here is to watch firstly on how the whole economical situation evolves because when the FED announces to finally decrease the balance sheet and begins with it this will affect the supply dynamics of Bitcoin and in the consequence also the whole pattern has a higher possibility to finalize. The second thing to watch is how Bitcoin moves in this formation because if heavy bearishness is leading to Bitcoin severely pulling back in the formation especially after approaching some little higher this will also increase the likelihood of Bitcoin completing the whole formation. Therefore for now it will be necessary to keep patient and watch out how the situation moves forward, the best thing in such cases is to possibly take opportunities on a short or middle term basis with swing trades or similar rather than just overspeculating the whole market into a one-sighted direction and rushing into the market in and out. In this manner it will be crucial to keep up to date and see how the market dynamics swift to be prepared on the scenarios mentioned, it will be an interesting development ahead. In this manner, thank you for watching the analysis, all the best! "The high destiny of the market is to explicate rather than to speculate." Information provided is only educational and should not be used to take action in the markets.
by VincePrince
22
BTCUSD As I have been telling you since November 14th... ven if I was harshly criticized and many laughed at my technical analysis ... here that BTC also reached my target no. 3 and now it is very close to continue the road to 36900 or even 30000 THIS WEEK...BTC has reached my no.4 target and is very close to closing the number 5 target! however ... I will wait to see how January closes and if it closes below the Fibonacci 786 level per month ... then the BTC decline is far from over NOTE: Please, give a LIKE if you find this idea useful! GREAT ATTENTION: *This information is not a Financial Advice.
BITSTAMP:BTCUSD
by BloomFX_SIGNALS
2
BITCOIN; Dump BUT This Formation Will Be The DECISIVE-FACTOR!Hello Cryptocurrency Community, Welcome to this analysis about Bitcoin and the daily timeframe perspectives. In recent times Bitcoin showed up with a serious dump in the structure after it did not manage to hold the 39.500 USD level. Nevertheless, in this whole development, important news came through in the market that are indicating that the technological and fundamental development of Bitcoin is actually increasing not decreasing. Miners accumulation reached new highs, Coinbase launched a partnership with MasterCard and Walmart plans development of an in-house own Cryptocurrency as well as an NFT-division. All these factors are contributing to the fact that the sentiment for Bitcoin is actually positively bullish. Nevertheless, the technicals are also highly pivotal in this case, this is why I detected a major formation forming with Bitcoin together with the central levels that will be highly important within the upcoming times. Structural Developments: Taking all these factors into the consideration here Bitcoin and looking at my chart we can watch there how Bitcoin has developed this primary descending triangle formation. In this descending triangle formation BTCUSD has the wave count with the waves A to E almost completed. Now with the ending and finalization of the wave E which simultaneously formed out of the dump Bitcoin is testing the main lower boundary of the triangle which is matching with the initial structure-support marked in green. When Bitcoin manages to bounce in this area and finally breakout above the upper boundary of the descending triangle formation as it is seen in my chart this will complete the whole formation and from there on Bitcoin will have the ability to continue further. Nevertheless, it will be highly crucial on how Bitcoin continues from there and how Bitcoin tests the remaining resistance at the 45.500 USD level because when Bitcoin heavily pulls back from this point on this will lead to a devastating reversal down the line. Upcoming Determinations: Therefore it will be highly decisive on how Bitcoin actually potentially stays within this structure above the 38.000 USD level because if this does not happen and Bitcoin breaks down below this level the whole reversal formation will be invalidated and Bitcoin is likely to continue bearishly into the bearish continuation zone marked in my chart in red. However, when Bitcoin manages to stay in the structure and form a substantial stabilization within this can lead to a great reversal with Bitcoin actually managing to breakout above the remaining resistance, such a development will lead to the wave C extension above the resistance as it is marked in my chart. For now, it will be highly necessary to await these confirmations before rushing into the market and overspeculating the market into a one-sighted direction. As it is always the case in such situations, it is important to await the proper confirmations and keep calm before moving to further conclusions, fundamentally speaking Bitcoin has still potentials however this on the middle and long term basis needs to be validated also from a technical perspective, it will be an interesting journey ahead. In this manner, thank you for watching the analysis, all the best! "The high destiny of the market is to explicate, rather than to speculate." Information provided is only educational and should not be used to take action in the markets.
by VincePrince
25
BTC imminently is going to $26k by February or March.There are 2 major rising wedges forming since 2018. They are massive, which destroy any other small timeframe falling wedge explained by youtubers or moontubers. If you follow any of those guys on Youtube tell them to come and read my chart so they can have another perspective and probably they can help others in a better way. I DON'T THINK THEY WANT TO DESTROY YOUR ECONOMY BUT THEY MIGHT NEED A DIFFERENT PERSPECTIVE. The bottom os the larger wedge is calling around $26k and according to the chart, it might come at the end of February and middle of March. So is better to stay in cash or get your short position with very low leverage and set your stop loss. If you set stop loss you'll never lose money (just time and your nerves) Once we hit $26k the pump is obvious to $32k and if there is a lot of FOMO will reach $38k then the falling will continue between $18k and $16k. Guys the BEAR MARKET is here, it is obvious. Don't follow the flock, a smart investor will see the scenario in the long-term. Sell all your ALT's bc you will need the real cash from today to buy BTC at the price of the upcoming tomorrow. BTC under $10k is unthinkable for the majority and that's why it will go there. That's how the market works. Now, just chew what I'm sharing and come back for more because I will keep sharing my personal analysis. I just want to give you perspective so you can have the right balance to take YOUR OWN decisions. So far those Youtubers told you to buy BTC or other ALTS and your investment is being diminished. COINBASE:BTCUSD
BITSTAMP:BTCUSDShort
by LordOfBitcoins
3
Bitcoin: Momentum Buy? Bitcoin - Intraday - We look to Buy a break of 43626 (stop at 42876) Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. Neckline resistance 43600. The bias is to break to the upside. Our outlook is bullish. Offers ample risk/reward to buy at the market. Our profit targets will be 45688 and 46688 Resistance: 43600 / 44000 / 45000 Support: 42500 / 41500 / 40500 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
COINBASE:BTCUSDLong
by Saxo
BITCOIN, Magic Descending-Channel-Fractal A Second Time!Hello, Welcome to this analysis about Bitcoin on the 2-day timeframe perspective. In recent times Bitcoin has shown up with highly bearish encounters to the downside to form its preliminary low at the 40.000 USD level. Nevertheless on the other hand simultaneously the utility of Bitcoin increased and many important technological developments in the Bitcoin field moved on such as classical economy providers like JP Morgan and Chase adopting Bitcoin technology or ex Twitter CEO Jack Dorsey's company building their own Bitcoin Mining Technology. All these developments are driving the Bitcoin utility and can have an important impact on a potential reversal. Besides that, the next country which is Tonga is looking to adopt Bitcoin as a legal tender which is also a pivotal determination that is likely to accelerate mainstream adoption. Together with the important fundamentals, I discovered a major fractal-formation Bitcoin is forming now that will be highly decisive in the upcoming times, therefore I discovered all the important levels and determinations to consider. Bitcoin Major Descending-Channel-Fractal And The Phases From A To E: Looking at my chart we can watch there how BTCUSD already once formed this massive fractal formation that moved in essentially 5 phases from phase A to phase E all together within this main descending-channel-formation. As Bitcoin now already initiated the descending-channel-formation similarly as within the first fractal this is already the setup to complete the fractal as Bitcoin already moved on with the phases A to D. As seen in my chart all these phases included the same elements so far, with Bitcoin setting up the fractal with a first bounce off the lower boundary in phase A, then moving on with two pullbacks off the upper boundary in phase B, after that forming the initial low with the high wick candle and then what also exactly already developed like in the first fractal is the pullback from the middle-range of the whole descending channel formation. Besides, there is the potential triple bottom forming like it already completed in the first fractal. All these phases have been already completed, what remains now is the bounce within the structure and breakout above the upper boundary to emerge with the phase E which will finalize the whole fractal with the breakout marked in green in my chart. Upcoming Perspectives, Fundamentals And Determinations To Consider: Taking all these factors into the consideration now it will be highly decisive on how Bitcoin actually forms a potential breakout above the upper boundary of this whole descending channel formation. When the breakout emerges appropriately then it will be a greatly determined setup for a major expansion-bounce as it is seen in my chart, if such a bounce emerges it will be a source for a continued determination with a potential continuation bull-flag to emerge as we have seen it already in the first fractal. In any cases there is a high likelihood given that Bitcoin shows up with higher highs. From a fundamental perspective we also currently see accelerated increased inflation in the US on 40 years high with 7.8% and in other regions even more. Such an inflation rate is likely to fuel hedges against inflation such as Bitcoin with money as people moving out of fiat into property values. From a fundamental perspective therefore there is a good ability for Bitcoin to complete this whole pattern and show up with the appropriate determinations also on the middle to long term basis in this case, it will be an important development ahead. In this manner, thank you for watching the analysis, it will be great when you support it with a like, follow and comment for more upcoming market analysis, all the best! "Good fortune is when opportunity meets preparation." Information provided is only educational and should not be used to take action in the markets.
by VincePrince
32
BTCUSDT Technical Analysis💎 BTCUSDT has broken above the major resistance and also we can clearly see an ascending triangle. We can expect that the price goes higher. 🎳 Entry zone 43184.75 - 42382.00 ☕️ TP1 44180.00 🍺 TP2 45470.00 🚫 SL 42382.00 - 41984.00 Good Luck 🎲 Check the Links in Description and if you LIKE this analysis, please support our page and Ideas by hitting the LIKE 👍 button. ❤️ Your Support is really appreciated! ❤️ Traders, if you have your own opinion about it, please write your own in the comment box. We will be glad for this. Feel free to request any pair/instrument analysis or ask any questions in the comment section below. We will have more FREE forecasts in TradingView soon Have a profitable day 😊👍🏻
Long
by Fibonacci-Signals
1
BITCOIN It's NOW or NEVER for the rallyBitcoin made a bounced early this week and it appears to be following the bottom formation pattern of my most recent model: As I showed on that chart, the Falling Wedge of September entered a bottom sequence after its last flush on the 39600 Support and as the blue dashed line held, it formed Higher Lows that broke finally above the Wedge. So far the blue dashed line is holding. ** 2021 fractal vs today ** Now back to today's chart. I've made it on the 3D time-frame for one simple reason. The LMACD and RSI indicators indicate when the bullish break-out might happen. First of all let's acknowledge that the January 2021 - July 2021 fractal is very similar to the September 2021 - January 2022 fractal. Right now the price sits below the Lower Highs trend-line of the bottom sequence (green Rectangle). A break above these Lower Highs, signaled the start of the new rally in July 2021. ** The LMACD ** At the same time, the LMACD of the two fractals is almost identical. Not only was it similar during the accumulation phases (blue ellipse pattern) of January 2021 and September 2021 with its successive Bearish and Bullish Crosses, but also now. The rally started when the LMACD made the next Bullish Cross. Right now such a Cross is emerging. ** The RSI ** During that bottom formation phase of June - July 2021, the RSI was also on Lower Highs. When those broke, it coincided with the LMACD Bullish Cross and the price Lower High break-out and BTC started its new rally. So far that RSI Lower Highs trend-line is holding but seems a matter of time before it breaks. Is Bitcoin ahead of a Now or Never move on this Lower Highs trend-line? We will soon find out. But what do you think about this comparison. Does it give you a better long-term perspective? Feel free to share your work and let me know in the comments section! -------------------------------------------------------------------------------------------------------- Please like, subscribe and share your ideas and charts with the community! --------------------------------------------------------------------------------------------------------
BITSTAMP:BTCUSDLong
by TradingShot
39
BTCUSDT Technical Analysis💎 BTCUSDT has broken below a major support and has got below the descending channel. It is expected that the price continues to go lower on H1 to the next support zone. 🎳 Entry now or from Entry zone 42260.99 - 41861.86 ☕️ TP 41250.00 🍺 TP 39850.00 🚫 SL 43439.63 - 43044.99 Good Luck 🎲 Check the Links in Description and if you LIKE this analysis, please support our page and Ideas by hitting the LIKE 👍 button. ❤️ Your Support is really appreciated! ❤️ Traders, if you have your own opinion about it, please write your own in the comment box. We will be glad for this. Feel free to request any pair/instrument analysis or ask any questions in the comment section below. We will have more FREE forecasts in TradingView soon Have a profitable day 😊👍🏻
Short
by Fibonacci-Signals
Bitcoin Analyze (Scenarios)!!!🧐Hi, probably when you are reading this post, you are confused🤔 that what will happen for Bitcoin . I tried to specify two scenarios that can happen in the next few days. Bitcoin Analyze ( BTCUSDT ) Timeframe 12h ⏰ Location 🌊: about the location of Bitcoin , please read my post with the topic '' Bitcoin Analyze( Road Map🗺️)!!!'' . Bitcoin was able to break the necking line of the Head and Shoulder Pattern a few days ago. also, the failure volume was sufficient for a valid failure. so scenario 2 is more possible than scenario 1 . 🔴 Scenario 1 : Bitcoin can break the heavy resistance zone and start a new journey for taping a new ATH == The head and shoulder pattern will fail. 🔴 Scenario 2 : Bitcoin is pulling back to its necking line and finally will break the heavy support zone and the support lines == The head and shoulder pattern's target will touch. 🔴 Resistance zones & Support Zones on Bitcoin's way : Heavy Resistance Zone : 51600$ until 53600$ Heavy Support Zone : 48940$ until 47630$ Heavy Support Zone : 44600$ until 43000$ ❗️ Sign ❗️: if you remember that when we were at around 36000$, Bitcoin touched 48168$ on BITCOIN / TETHERUS PERPETUAL FUTURES , and finally, the price arrived itself to this amount, three days ago we saw the same happens, and Bitcoin dropped down from 53889$ to 40888$, probably Bitcoin will arrive at 40888$ again👇https://www.tradingview.com/x/EJIXFGoK/ 🔴 RSI Analyze : RSI is moving on descending channel + we watched one of the valid bearish signals for RSI === Bearish Failure Swing . In addition, RSI broke its support line and now is pulling back to it.👇https://www.tradingview.com/x/DbDh2dga/ 🔴 November candlestick pattern : we can find 💫 Shooting Star 💫Pattern ( Bearish ) = The trigger was activated. 👇https://www.tradingview.com/x/0EAXNRdM/ Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy , this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅ 'like' ✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe
BITSTAMP:BTCUSD
by pejman_zwin
8
BITCOIN Why $150-200k may be nextHaving started the month and in turn the year with high volatility, it is time to look at Bitcoin on the long-term charts again. The current analysis is on the 1W time-frame and it is a comparison between the 2021 sequence and the fractal of mid 2019 - mid 2020. ** The RSI ** The 1W RSI of the two, if divided in legs, are virtually identical. Even though leg (5) in price terms made a Lower Low, that huge panic selling was due to the COVID global asset melt-down, a panic event that is unlikely to happen again. ** The Channel Up and the 0.5 Fib ** At the same time, BTC hit another key support line, the 0.5 Fibonacci level of the Channel Up since that COVID bottom. As shown on the chart, every time the price traded within the Fib 1.0 and Fib 0.5 zone of the Channel, it was a buy opportunity. Last time BTC hit that 0.5 Fib was on the October 05 2020 1W candle. What followed was a +555% parabolic rally for a market top (and new All Time High) on the 2.0 Fibonacci extension. If this is again a buy opportunity and we don't experience another COVID crash event, and assuming Bitcoin needs again around two Quarters for a new parabolic top, the Fib 2.0 Target could be placed within $150000 and $200000. Do you think that's a new long-term buy opportunity and if so is this target zone realistic by Q2 2022? Feel free to share your work and let me know in the comments section! -------------------------------------------------------------------------------------------------------- Please like, subscribe and share your ideas and charts with the community! --------------------------------------------------------------------------------------------------------
BITSTAMP:BTCUSDLong
by TradingShot
68
BTC/USDT 4HOUR UPDATEWelcome to this quick BTC /USDT analysis. I have tried my best to bring the best possible outcome in this chart. Hello friends but it has bounced thrice from the bottom and the bottom is now broken below the triple bottom break I think btc could come down a bit more from here, around 40500k, 37700k And if the btc bounce from here then there's good news for all of us This is not a piece of financial advice. Sorry for my English it is not my native language. Do hit the like button if you like it and share your charts in the comments section. thank you.
by CryptoSanders9563
NEW BTC Analysis (January 12th play?)Some big support/break plays for this pair this week! The 1on1 video is currently out, if you would like it in order to understand how to play my analysis FULLY, please let me know privately. All likes/comments and feedback are very much appreciated! How to play my chart: Buy at support, sell at resistance. When you open this chart you'll see a green entry and a red entry. When the candlestick hits the green entry, you place a buy. If however that support buy doesn't go into profit and goes negative -35 or -60 pips (depending if it was a fast break/or if the break landed on a minute 15 zone), if it breaks you would then exit your buy and immediately enter the sell. You would then ride that sell down to green TP1, or you could then repeat and play the buy/break there. The same exact thing goes for resistance sell/break plays!
BITSTAMP:BTCUSD
by ExclusivelyFX
3
BITCOIN, FED-Dump, Binance Buys 43000 BTC, Objections Now!The recent times were turbulent for Bitcoin, a massive volatility move resulted out of the fact that the FED released its protocols of the last meeting in which a decision of a possible decrease of their balance sheet which is currently 8.3 Billion US-Dollar was made. There was no action behind this statement made so far nevertheless we have seen Bitcoin heavily dumping just seconds after this statement was released. The declines did not only show up in Bitcoin but also other worldwide assets such as the stock market and gold. This shows how fragile financial markets are especially on exterior influences such as the FED coming up with new decisions while there wasn't any action behind, it is pointing out that such events can have a pivotal effect on the market and that we as traders can prepare on these events with the proper line-up. Binance Multi-Billion-Dollar Bitcoin Purchase: This dump was clearly initiated by the FED-release which accelerated the dynamic and taking this into the consideration now the good news is that the dump did not emerge because Bitcoin loosed its value or because the users, many panic sellers came up or users lost trust in Bitcoin like it may be the case in other situations. In fact, it is the other way around, within this Bitcoin dip institutional interest actually profoundly increased from a technological adoption standpoint as well as from an accumulation standpoint as I already mentioned in my YouTube update uploaded recently. Binance in this whole dip made a MASSIVE purchase of 43000 BTC which is actually equivalent to around 1.800.000.000 BILLION US-Dollar, this makes Binance almost the second-largest Bitcoin institutional treasury holder after MicroStrategy. These facts show a clear surge in institutional interest while Bitcoin made the dump caused by the FED announcement. Bitcoin Leverage-Ratio At A All-Time-High: While Bitcoin continued its downward journey after peaking at 69.000 USD in November 2021 there was a steady acceleration of leverage used in the exchange to trade Bitcoin, this dynamic made the leverage ratio of Bitcoin go up and it shows also that more and more leverage is used to trade Bitcoin. As Bitcoin initially stopped with its downtrend at the 4th of December and moved into the trend-finding phase the leverage ratio still moved up simultaneously while the volatility decreased. Taking this into concern it has to be marked that it is likely that an increased volatility phase is awaited as the contraction of Bitcoin settled while the leverage has still gone up this is likely to accelerate and increase price actions when stop losses are hit. Such a dynamic can go in both directions however as Bitcoin is already dumped heavily there is a higher potential that stop losses of short order actually will be triggered. Technical Developments And Bitcoins Upcoming Destinies: As when looking at my chart we can watch there how BTCUSD now continued to move on to test this main 41.350 USD support level which is marked in my chart in blue. This is a crucial level for Bitcoin as it already bounced several times off and on this level, with this fact there is a higher possibility given that Bitcoin managed to bounce again in this level however if this does not happen and Bitcoin falls below it will be the new resistance in this case. Besides, that Bitcoin is forming this main descending-triangle formation which can be completed if Bitcoin manages to hold the support however if this does not happen and Bitcoin rejects off the remaining resistance at 45.900 USD and pullback again this will invalidate the whole formation. For now, it will be highly crucial to watch out of the whole formation can be completed or not because in this case, we should not underestimate a possible volatility-increase and an invalidation of the formation. As traders we need to think into both direction and plan several scenarios into the market approach to act accordingly if one or the other scenario actually emerges, this is also the case here. In this manner, thank you for watching the analysis, it will be great when you support it with a like, follow and comment for more upcoming market analysis, all the best! "The advancement and diffusion of events is the only guardian of true liberty." Information provided is only educational and should not be used to take action in the markets.
BYBIT:BTCUSD.P
by VincePrince
82
BITCOIN will a rise and rejection at 45k confirm this pattern?It is not the first time of course that I compare the current market lows to the lows/ bottom of June - July 2021 (look for my previous studies, there are many on that subject). However it is the first time that I do so by using two unique indicators the VMC Cipher_A (courtesy of vumanchu) and MarketCipher B (courtesy of Crypto_Spike) with some adjustments. I've added patterns (wedges) and legs (1 - 6) that very clearly depict the striking similarities of Bitcoin's price action since January 2021. As you see the price action from January 08 2021 to June 22 2021 (Wedge 1 (black), Wedge 2 (blue), Wedge 3 (orange)), is identical to that of September 07 2021 to today. If this holds indeed and history repeats, we seem to be on count (3) of Wedge 3. What's missing is a rise to (4) and roughly $45000, then retest of today's Support (count 5) and a rally that will break above the Wedge 3. Do you think a rise and rejection at 45k will confirm the pattern and fulfil the low that's needed to break upwards into a new rally in February? Feel free to share your work and let me know in the comments section! -------------------------------------------------------------------------------------------------------- Please like, subscribe and share your ideas and charts with the community! --------------------------------------------------------------------------------------------------------
BITSTAMP:BTCUSD
by TradingShot
68
BITCOIN(BTC) 4H NEAR FUTIRE PREDICTIONSTechnical Analysis Summary ETH/USDT TREND ANALYSIS We have Downtrend in red color (Long Term) We have 1 Uptrend in green color (Internal Uptrend currently testing to break) Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend). FUTURE PREDICTIONS We have many resistance and support levels that I have mentioned above. I use thickness as an indicator of strength of levels (ONLY FOR VISUALS). The Yellow SUPPORT and RESISTANCE Levels are levels already tested and are not an entry level I added it only for explanation purposes to show my strategy. Sorry I did not post lately since I had covid Good luck everyone, stay safe! If you need help ​don't hesitate to send me a message or comment If you find this content beneficial please don't forget to LIKE and FOLLOW Trading Involves High Risk Not Financial Advice Exercise Proper Risk Management
BINANCE:BTCUSD.P
by husseindergham