BTC Price Indicators Signal a Bearish OutlookAs we analyze the technical indicators, it becomes evident that the current sentiment remains bearish, urging us to exercise patience and wait for more favorable conditions.
Firstly, it is worth noting that the Slow D indicator has recently turned negative. This indicator, known for its ability to identify trend reversals, suggests that the prevailing downtrend in BTC may persist for some time. When combined with other hands, remaining vigilant and avoiding hasty decisions becomes even more crucial.
Additionally, while still bearish, the Moving Average Convergence Divergence (MACD) indicator adds to the concerns surrounding BTC's price performance. This indicator, often used to identify potential buying or selling opportunities, suggests continuing the downward trend. It is essential to consider this bearish signal and proceed with caution.
Furthermore, the BTC price is below the Simple Moving Average (SMA) of 200. This long-term moving average is widely regarded as a significant level of support or resistance. The fact that BTC is trading below this level further emphasizes the bearish pressure in the market.
Given these indicators and the overall market sentiment, I strongly encourage you to exercise patience and wait for more positive signals before making significant trading decisions. While the crypto market is known for its volatility, it is crucial to prioritize risk management and avoid impulsive actions during uncertain times.
In conclusion, the BTC price indicators, including the negative Slow D, bearish MACD, and BTC below SMA 200, collectively suggest a cautious approach. It is prudent to wait for more favorable conditions before initiating substantial trades. Remember, successful trading requires seizing opportunities and avoiding unnecessary risks.
Let's wait for BTC indicators to turn positive before making significant trading decisions. Exercise caution and prioritize risk management. Our team supports you and provides guidance during these uncertain times. Stay tuned for further updates.
Btcusd4h
BTC Drops Below SMA 50 100 with Negative Slow K
Bitcoin (BTC) has experienced a significant drop, breaching the Simple Moving Averages (SMA) of 50, 100, and 200, accompanied by a negative Slow K indicator.
As seasoned traders, we understand the allure of a "buy the dip" strategy, which has often proven to be a classic move in Bitcoin. However, it is crucial to approach the current situation with prudence and consider the potential risks associated with such a move.
The recent decline below the SMA 50, 100, and 200 levels suggests a shift in the overall trend, indicating a potential bearish sentiment in the market. Additionally, the negative Slow K indicator further strengthens this cautious outlook. While historical data may suggest that buying the dip has been a profitable strategy in the past, it is essential to acknowledge that market dynamics can change rapidly.
Given these indicators, I encourage you to exercise caution and carefully evaluate your investment decisions. It is advisable to re-evaluate your risk tolerance and consider the potential consequences of a further downturn in the Bitcoin market. Remember, preserving capital is equally essential as seeking growth opportunities.
Before making any investment decisions, conducting thorough research and consulting with trusted financial advisors or professionals experienced in cryptocurrency trading is always wise. They can provide valuable insights and help you navigate through these uncertain times.
While the current market conditions may present an opportunity for some, it is crucial to approach it with a cautious mindset. As traders, we must prioritize risk management and make informed decisions aligning with our investment strategies.
Please remember that the cryptocurrency market is highly volatile, and staying informed and adapting to changing market dynamics is essential. Stay vigilant, keep a close eye on the market trends, and consider seeking expert guidance when in doubt.
Buyers go shoppingBy reaching its support floor in the suffering trend, Bitcoin has increased the possibility of its growth, so the first resistance range in 1 hour time has been determined for Bitcoin, also the important support range has been determined in the price, which is an important range in the medium term.
There is a noisy pattern in the time of one hour for this currency, which enables the possibility of one percent growth.
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Obsessed with Bitcoin or Alzheimer's?By reaching the support range, Bitcoin raised the possibility of its growth again. According to this analysis, in the hourly time, we will have the possibility of a growth up to the specified range for this currency. Also, the divergence in 4 hours shows the growth of this currency, and for the ranges Support and resistance move according to the analysis
BTC Price Dips Below SMA 50 and 100 as They Go FlatOver the past few days, we have witnessed a significant decline in the price of Bitcoin, resulting in it falling below the Simple Moving Averages (SMA) of both 50 and 100. Furthermore, these moving averages have also started to flatten, indicating a potential weakening of the bullish trend we have been observing.
While it is important to remember that past performance does not indicate future results, this recent price action combined with the SMA indicators suggests a potential shift in market sentiment. As such, it may be prudent to pause and reevaluate your investment strategy before making further moves in the Bitcoin market.
I understand that Bitcoin has shown immense potential for growth in recent years, but it is equally important to exercise caution and carefully analyze the current market conditions. By taking a step back and assessing the situation objectively, we can better position ourselves to make informed decisions and mitigate potential risks.
In light of these recent developments, I encourage you to consider the following call to action:
1. Pause and Reflect: Take some time to analyze the current market conditions and reassess your investment strategy. Consider the potential implications of Bitcoin falling below the SMA 50 and 100 and the flattening of these indicators.
2. Research and Stay Informed: Stay updated with the latest news and analysis from reputable sources to comprehensively understand the factors influencing the Bitcoin market. This will help you make informed decisions based on a well-rounded perspective.
3. Consult with Experts: Contact trusted financial advisors or cryptocurrency experts who can provide valuable insights and guidance tailored to your investment goals and risk tolerance.
Remember, the cryptocurrency market can be highly volatile, and exercising caution and prudence in your trading activities is crucial. We can better protect our investments and potentially capitalize on future opportunities by taking a cautious approach during uncertain times.
Please do not hesitate to reach out if you have any questions or want to discuss this matter further in the comments. I am here to support you and provide any additional information you may require.
BTC:i think it will continue to rise
Hey traders, I think bitcoin will continue to rise next, what do you think?
Bitcoin (BTC) has been extremely quiet in recent days, but if the U.S. dollar continues the downward trend brought about by the non-farm data, Bitcoin (BTC) price will benefit and strengthen. From a technical perspective, if Bitcoin holds the 30,000 mark, the bullish outlook will remain
From the 4-hour chart, the upper pressure is around 31,200 points, and the lower support is at 30,000 points.
At the current price, you can buy long positions with small positions, tp31200
If the back step does not break through 30,000, you can buy long positions with large positions.
If you agree with my strategy, welcome to pay attention
BINANCE:BTCUSDT BITSTAMP:BTCUSD
Bitcoin stagnatesIs there a sense of concern regarding the current state of the BTC market? As you may have noticed, BTC has stagnated while the RSI remains above 50, and the MACD has declined into negative territory.
These indicators suggest that we may be entering a bearish phase and need to act accordingly. While it can be tempting to hold onto our BTC in the hopes of a rebound, it is crucial to consider the potential risks.
That is why I am encouraging you to consider selling your BTC now. We can minimize our potential losses and protect our investments by taking action now.
Of course, the decision to sell is ultimately up to each trader. However, I strongly urge you to look closely at the current market conditions and make an informed decision based on your risk tolerance.
BTCUSDT AnalysisWe saw big bullish of BTC. end of the week we have interesting moment of BTC, its 19th day BTC is in flat we had a lot of touches and lot of liquidations, at least we are in bear and its showing us Trend Line and 200 MA, our trend is below of this 2 thing and its continue moving, what I need to see here is brake support or resistance for make sure which way will chose market to go, but in my opinion BTC bearish because USDT Dominance is going up, on USDT Dominance 1D chart we saw double bottom and broken trendline, ( I have analysis of USDT Dominance you can see that in my ideas) I am going to short BTC for 3 reason, First - last month we have bearish scene, Second - we saw aggressive touch of Bearish Trendline and Resistance zone, Third - USDT Dominance bullish scene.
btc transaction analysis
The trading strategy analyzed by everyone earlier, I believe that all friends who keep up will have great profits.
btc trading is expected to fluctuate and fall this week, focusing on 27400-26650-26150, I will choose to look for trading opportunities at these three points, keep up with me, and I will share more accurate trading signals with you.
Next, I will continue to provide more trading signals with an accuracy rate of more than 90%. If your trading results are not satisfactory to you, then you should join me as soon as possible!I will make your account profitable every week to reach more than 8K-15Kusd
BTC trading signal analysis
Just like the analysis I gave you earlier, we successfully achieved our expected profit target in the last trading cycle.
The current trend of the market is relatively stable. I judge that there will not be much volatility in the short term. Friends who have already made a profit in the last trading signal can consider choosing to short at the right point.
Specific trading strategies:
BTC:sell@27500-27600 TP26600-26400
Next, I will continue to provide more trading signals, and the weekly profit can reach more than 5K-10Kusd. If you need signals, join me as soon as possible!
Bitcoin Macro viewH4 chart.
I think we have entered in to new range (HTF) even it's h4 chart.
26600 is crucial atm, 27200 next big one which was yet again rejected but still looking good to my eyes. Even dollar is on the rise but that has been well expected after such retrace last months.
Spx is still running high end, Powell speech tomorrow --> more volatile market.
Btc 25300 is lowest it goes for now in my opinion, expecting 26600 to hold and run high as 40800~.
BTC: Go long first, then short
BTC3h chart, double-top pattern, this pattern usually means a decline in the market, and the larger the level of the chart, the greater the decline. The important resistance is around 28,000 and the support is around 27,200, but the current pattern is a double-top, so I think it will fall below The probability of support is extremely high, so my trading point of view is to short.
Trading Signals:
buy: 27500-27400
tp: 27950
sl: 27100
sell: 27900-28000
tp:26700
sl:27200
Traders, I hope my signals can bring you profits, if you like my views, please support me and follow me!
Profit is still going on, join me and take you to make more mone
BTC strategy analysis:
After stepping back on the 27200 line in the short-term within 4 hours of the day, the BTC market fluctuated within a narrow range within a short period of time. The market was under pressure at night, and the BBI average pressure fell back. The third line of the KDJ indicator turned at the 20-axis golden cross. Continuous shrinkage, the short-term current market is slightly deviated, and the attached indicators show signs of rebound. The daily market K-line closed below the MA60 moving average support on May 8, and the K-line was under pressure below the MA60 moving average on May 9. Currently The market is showing a small negative K line, the K line is currently showing 4 consecutive negatives, the KDJ indicator diverges downwards, and the MACD indicator green entity kinetic energy column is heavy. From the daily line, there is a risk of further decline in the market. Pay attention to the support around 27000. The market breaks big Probability drops to support around 25500, it is recommended to focus on high altitude
BTC:
28465--28755 Empty
More than 26630--26358
ETH:
1888--1912 Empty
1788--1763 more
Profit is still going on, join me and take you to make more money
Bitcoin fluctuates in the short term, falling first and then ris
Bitcoin is in an adjustment again near the weekend. At present, short-term bulls lack momentum, and the market rise is not smooth. Therefore, if the bulls can continue, this is the key point, otherwise the adjustment will increase. Bitcoin operation recommends buying at 29400, risk control at 28800, and target at 31000~31600.
Although Bitcoin continues to adjust midway, the current upward trend has not been broken, so maintain a low-multiple thinking. At present, the upward trend of C wave 1 is still continuing, with the upper pressure at 31600~32400 and the lower support at 29400~29000.
Traders, if you like this idea or have your own opinion about it, please write in the comments. I will be happy 👩💻
Bitcoin - The consolidationIn this study, I take a close look at the Elliot Wave structure of the movement since March 10 to make sense of this crazy consolidation we have been witnessing since March 23, in the 4-hr chart, refining the wave count of the previous study.
Currently sitting on the weekly pivot of $28k, I see a corrective wave structure that has developed, that not only includes two successive symmetric triangle formations, but both being part of a complex irregular Double Three (WXY) correction with a price target of c. $24k. Approximately a $14% correction from the current price.
A break below the bottom of the triangle support line could be the trigger for a deeper drop. A confirmed break above the upper resistance line of the triangle will invalidate this scenario.
What do you think? Will we see a breakdown towards $24k, or a continuation of the rally up over $30k?