Get started

Btctrend

BTC/USDTHead And Shoulders Chart Pattern The Head and Shoulders pattern is very easy to spot and can be a caution for traders especially when the pattern occurs at the top end of a rally or its bearish counterpart, the inverse head, and shoulders that occurs at the trough of a downtrend. In the chart above, you can see the basic structure and the setup of the head and shoulders pattern (bullish and bearish). The neckline support (or resistance) is the key as a breakout from this level indicates a shift in the trend. The most basic way to trade the head and shoulders pattern is to wait for the breakout from the neckline. Some traders prefer to wait for a retest back to the neckline while others simply buy or sell on the breakout. The target is set to a measured move, measured from the head (high or low) to the neckline (support or resistance) and projected from there on.
Short
by majidalisabir
2
BTC/USDTRectangle Pattern Up Trend The price is constrained by support and resistance levels in the Rectangle pattern. This means observing the pattern on a chart, and traders need to look for a price between the two horizontal lines. The Rectangle marks several highs and lows. These highs and lows indicate a period of consolidation. Also, there is indecision in the market where buyers and sellers are competing with one another. To identify the pattern, traders need to navigate it on either an uptrend or a downtrend. The price would then form several peaks and troughs. Finally, the breakout candle would confirm the direction of the trend.
Long
by majidalisabir
L9 - BTC Trend Analysis (Cycle/Halving)This chart is the study of previous cycles of BTC; • BTC take appx 47-48 months to create new ATH from the previous one. o As per the projections next ATH will be created in the Months of Sep-Nov 2025. • BTC takes 12-13 months to create the bottom of the cycle from ATH of the cycle. o As per the projections, BTC will create bottom in the months of Dec’ 22 – Jan’ 23. • BTC normally drops between 84%-86% after creating ATH in next 12-13 months. o At 85% BTC bottom for the cycle is projected at $10,000
BITSTAMP:BTCUSD
by BilalAhmad1
Bitcoin towards crucial trend line. Sharing some thoughts of what I see. Bitcoin might be moving towards lower levels and create a bullish divergence on 3D. MACD looks like it might need another support before breaching out. (Proof of investors coming back to accumulate). Bitcoin dominance are at levels of 2018, when price started to hit lower lows. Market dominance shows have Bitcoin investors started to acquire again. Markets are dropping everywhere, stocks as crypto. In a time of energy crisis, experts are Questioning BTC yet again regarding its power usage. In general bear market view and we are moving sideways at a crucial area.
COINBASE:BTCUSD
by Cryptovicci
2
Bitcoin Momentum Whale activity. Future Web 3We see the last execution of the Bear Triangle pattern, from the beginning of the bear market on November 21, 2021. Starting from May 5, the formation of the second identical pattern began, now we have come to its execution, this explains the instability of prices. Everything points to a fall. The price is not stable, as is the mood in the economy. The exit from the bear market will be associated with the introduction of a new technology of interaction on the Internet, and is also directly related to the simplification of the interaction of cryptocurrencies - Web3. On the previous publication on Sunday on TV, the price in the Fibonacci range is 0.618 on the screenshot. For today, the price remained in this support range of 0.618 Fibonacci, there was no breakthrough. We see by the momentum indicator of active addresses that the trend is increasing. The On-chain transaction volume indicator has noticed a high activity of whales at the mercy - this indicates strong support. Local Fibonacci Levels: 0.5 = 20270 0.382 = 21221 From these levels, we can see sharp drops or increasing support for payoffs. I expect the price to continue the upward movement of Bitcoin! The Bitcoin Economic Forum is approaching on October 4-5, the event will be held in Dubai. Not financial advice, my opinion.
BITSTAMP:BTCUSD
by GarateTradeCrypto
btc go down a few days so be care full dear tradersThis trading week’s economic and financial data will be crucial to crypto investors. Lagarde and Powell to share their latest assessments of the economic and monetary policy situation on Tuesday. Last week, the crypto market looked slightly bullish until the US Fed reserve announced its interest rate decision. The announcement of the rate increase by 75 basis points by the US Fed reserve caused huge trading volatility, as is usually the case. The rate increase also resulted in sell-offs in the traditional market. However, the US Dollar Index (DXY) kept rising, hitting a 12-month high of 113.22. By the weekend, most US stock indices have dropped about five percentage points, almost hitting their June 2022 lows. Ethereum and most other altcoins also dropped prices, as in the traditional market. The good news is that the price of the leading digital asset (Bitcoin, BTC) only dropped by a small amount. Initially, the Bitcoin price dropped to $18,153. However, it recovered and moved opposite the Dow Jones index (DOW30). It is remarkable that the highly volatile crypto and the US tech stock market, NASDAQ, weren’t hugely affected by the fed’s rate increase. Hence, investors may still regard Bitcoin as a store of value. However, in the coming weeks, Bitcoin’s price action will confirm this perspective. ECB President and US Fed chair to release new statements On Tuesday, September 27, 2022, Christine Largade (the European Central Bank, ECB President) and Jerome Powell (US Fed chief) will share their insights regarding the current monetary and economic policy situation. The insights from these two will be crucial as they will determine whether the EU, the US, or both are shifting their stance regarding interest rate policy. Any announcement of a change in monetary and economic policies by either or both of these financial watchdogs to curb rising inflation will impact the financial markets (crypto and stock market). Another crucial data affecting the financial markets this week is the incoming orders for durable goods. The US census bureau will publish this data by 2.30 pm (CET) on Tuesday, September 27, 2022. This data indicates the rise or decrease in the demand for industrial goods this past month. Analysts predict a reduction of 0.5 percentage points. Orders for durable goods dropped by 0.1 percent in July 2022. It is important to note that each time data for the durable goods orders is higher than predicted, the US Dollar usually tends to be bullish. Conversely, when this data is lower than analysts’ prediction, the US Dollar usually drops, even if it is for a short period. Recently, a weakening US Dollar resulted in a surge in the price of Bitcoin and other cryptocurrencies. Meanwhile, crypto market sentiment remains in “extreme fear” for over a week. As of September 26, the average crypto market sentiment measure, the Crypto Fear & Greed Index, is at 21, with 25 being the limit for extreme fear. However, the crypto analytics firm, Santiment, noted that Bitcoin’s social dominance had reached a new peak in two months. Santiment further notes that this renewed interest could positively impact crypto’s top asset
Short
by Tayyab1211
2
btcusd down trend start be care full $BTC Dollar index at 113 it will go up by another 6-7 pints then crash time to load up on crypto bull run is around the corner., $BTC This is the end for crypto, gentlemen. Don't waste your time on it anymore. These Goldman Sachs, BlackRock etc all acted like The Trojan Horse. They were deliberately sent by the US elite to purge the market. In the end, NOBODY can threaten the US Dollar. If anything does, it will get obliterated, $BTC Maybe yr not paying attention, but shyt is moving, ROSE, XDC, QNT, XRP, all up, but big crash incoming huh bears/trolls? You sure about that??? Tripping over dollars to wait for more discounts, ya might just be waiting to fomo in at higher prices. Cost average in is the way of the Jedi...
Short
by Tayyab1211
2