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BTCUSDBEARISH

BTC 4HR Analysis - Short Opportunity Right Around the CornerBTC has failed three times in its attempt to ascend to the top of the bull channel with three-pin bar bear candles closing on or near their lows. It's been a slow bleed to the downside ever since last Friday. We are nearing the 200EMA on the 4HR and should expect some support here. A good short entry may be at the end of the next bull bar or two if you're not already in a short. We should be looking for a breakout of the channel bottom with a bear bar closing on or near its low, followed by a retest of the channel resistance, and a confirmation bar to the downside. Such price action calls for a short back down to the bottom of this trading range we've been in since March of this year, which sets a target price of $25,000. Trade wisely and let us know what you think in the comment section below!
INDEX:BTCUSDShort
by TraderEngineering
BTCUSD One final dump then the rocket is ready to Launch! BTCUSD Bullish Scenario 30,399.92 is my strongest support since January2021, It has been touch multiple in just a month before bursting up. 28,798.34 level is my next support, its the lowest wick of January 2021 before bursting up 27,737.88 is my final target before this BULLISH SCENARIO HAPPEN my target would be 42,243.87 For this month Bitcoin (BTC) is recognised as the world’s first truly digitalised digital currency (also known as a cryptocurrency). The Bitcoin price is prone to volatile swings; making it historically popular for traders to speculate on. Follow the live Bitcoin price using the real-time chart, and read the latest Bitcoin news and forecasts to plan your trades using fundamental and technical analysis. SUPPORT & RESISTANCE S1 28880 S2 24217 S3 19846 R1 42000 R2 50000 R3 60000 Strong Moderate Weak Up Neutral Down PIVOT POINTS P 35170 S3 34088.4 S2 34629.2 S1 34883.9 R1 35424.7 R2 35710.8 R3 36251.6
BITSTAMP:BTCUSDLong
by EarthHoundFx
4
BTCUSD POTENTIAL NECKLINE RETESTPOTENTIAL NECKLINE RETEST ON BTCUSD. BULL AND BEAR SCENARIOS IF BTCUSD RETRACES TOWARDS RESISTANCE AND QUICKLY BOUNCES BACK DOWN, THERE IS MORE DOWNSIDE TO COME IN NEAR TERM. IF BTCUSD BREAKS FIRST RESISTANCE ZONE, WILL RETEST NECKLINE RESISTANCE, 1ST RESISTANCE ZONE BECOMES SUPPORT FOR THE BULLS. ALTERNATIVELY, IF BTCUSD FINDS A LARGE AMOUNT OF SELLERS AT NECKLINE, SUPPORT MAY NOT HOLD. IF BTCUSD CONTINUES TO DROP WITHOUT RETESTING, LOOK FOR BUYERS AT 35K THEN 30K FOR A BOUNCE.
BITSTAMP:BTCUSD
by JayHendrix
BTCUSD : OVOHi traders, Crypto currency.... BTCUSD! Since people are all over in my ear about it, I'll drop my first analysis on this subject. As we easily all see, BTCUSD had a super good momentum going for it crashing the 10K easily and wick quickly over 11K within the same day. When I look over the last correction this pair, it lasted 4 days and had an even greater drop that what we are witnessing now. If we are having the same type of movement that we just had, this would drop down the price to around 8K. We seem to have a good support at those levels. Its either an amazing opportunity to go LONG.. or the last stop before a full retracement of the UP move of 2017. I know Bitcoins are the new thing and its getting mainstream as hell at the moment. However, I can still compare it to gold. Gold had the same thing where it traded for quite some time at a very low volume and very low price. Suddenly, when it broke its first resistance and went on with that crazy bull run to 1900$/oz. We just might be on the edge of a big correction. Let's just see how this plays out. BTCUSD SHORT: ENTRY : 9838.20 SL : 10111.55 TP : 8051.25 Trade safe! Disclaimer: This is my trading analysis, it is not an invite or recommendation to trade
BITSTAMP:BTCUSDShort
by ScottMescudiForex
2