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Btcusdforecast

BITCOIN: NOT A PLEASING CHART.BITCOIN Update: BTC in a shorter timeframe is not pleasing to the eyes. This rejection indicates a drop close to $16k to $15.8k in the coming hours. If BTC gets back above the resistance level ($16.8k) then we can think of some positivity but until then I expect a further drop-down in the market. In a higher timeframe, BTC looks more bearish and we can expect it to drop close to $15.1k. This is good for the long-term holders to accumulate BTC at a lesser price but RIP for those who went long on BTC in leverage. Key points: 1. $16.8k Resistance. BTC must break this to claim some positive move. 2. $16.1k further drop level. Trade safely, guys.
COINBASE:BTCUSDShort
by Dexter_The_Trader
3
BTC - Buy Low Sell High StrategyEveryone is asking the same question: When and where will Bitcoin find the bottom and where should I enter...? To be able to answer this question at least a little bit, we present you the strategy "Buy low and sell high". This is actually the simplest strategy in investing, which is nevertheless done wrong by 95% of investors, because buying low and selling high is only a matter of opinion. For one person Bitcoin is low at 50,000$ and he buys and for another person Bitcoin is low at 10,000$ and he gets in. Therefore, the successful implementation of this strategy is based on precisely predefining the low and high points in order to be able to determine where a "low" and where a "high" is. Entry areas Defining this is harder than one might think, especially in such volatile times as we are currently experiencing. Therefore, we do not focus on lows, but areas. We delineate the different areas with the help of trend lines and horizontal resistances in order to be able to determine, on the one hand, how low it could fall and in which momentum it is in the individual areas. Accordingly, we have also shown the areas in gradient colours. The redder the areas the more bearish the momentum, the greener the more bullish! You have to look at this the other way round in terms of investment strategy: The redder the area, the larger my entries should be. The greener the area, the larger my exits, i.e. profit-taking, should be. Examples of strategy implementation If you are only waiting for the one perfect entry and the one specific exit, you will probably have very little success. It is much more effective to enter in steps in such volatile markets: According to market conditions: You stay constantly on the chart and try to follow the individual levels and react to them. You are thus more spontaneous and can intervene manually. Light red: invest small amounts occasionally Red: invest medium-large amounts more often Dark red: invest large amounts more often. Light green: take small profits occasionally. Green: take smaller profits more often Dark green: regular larger exits/profit-takings On the basis of fixed predefined entries You set predefined orders for each entry range (light red - dark red). E.g.: you divide 100% of your Bitcoin capital as follows: Light red: 20% Red: 30% Dark red: 50% For each of these areas you now define a price level in this area and place a fixed buy order with the predefined amount at the price level. You can keep the amount of work small and place only 1 order in each range or if you want to be on the safe side, you can also plan e.g. 2-5 entries in each range. You can set the weightings and entries (number and value) as you see fit, these are only intended as guidelines so that you can get an idea of what they mean. For example, we are only buying in the red and dark red areas, but not yet in the current light red area. We would advise you not to plan any exits yet, we will do that together when the time comes again. Further BTC course As already mentioned, the redder the area, the more bearish. The green areas represent the price levels from which we would claim, if we reach them, to become bullish again and thus the next uptrends could come. The greener the area, the more bullish for the long-term chart. We hope we could help you with your entry strategy planning!
by Consyder
BTC - 12/17/2022Chrimas idea time! Looks like downtrend is continuing and we may be near local top. Good time to sell/short, imo. Markets are kind of volatile right now. I don't expect too many more bounces lower before a potential reversal, but we may even be waiting for a full reversal of the fed toward decreasing interest rates before any bull runs really begin. I'm predicting into 15600 area, targetwise. Not financial advice. Use stop losses! Sorry for the sloppy chart! Happy holidays and trading. :)
COINBASE:BTCUSDShort
by O_Positive
BITCOIN: REJECTION FROM THE RESISTANCE.Hello folks, things went crazy with BTC and other altcoins recently. Here's a quick analysis of BTC in a daily timeframe. The yellow-dotted resistance was spot on and we saw how clearly the price got rejected from the resistance level. BTC is currently trying to hold $16.7k where we may have a little support. This may turn out to be a strong one but doubtful. With the RSI still having more room to dip, I expect BTC at $15.1k and a bounce back. What do you have to say about the recent BTC drop? Do share your views. Trade safely.
BINANCE:BTCUSDShort
by Dexter_The_Trader
1
Bitcoin Analysis 16.12.2022Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. I will personally reply to every single comment! If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel. Thank you for watching and I will see you tomorrow! You can also check out my previous analysis:
by basictradingtv
16
BITCOIN: A RETRACEMENT.Hello guys, a quick update on BTC in a lower timeframe. Recently, we saw a nice 9% jump in the market and after every jump a retracement is necessary. The current rejection from the resistance level looks okay to me and we can expect BTC to hold the $17.3k to $17k level and then another rally back to $18k. So far, BTC is maintaining the rising wedge pattern and if it continues to do so, we may see some positive moves in the market. Invalidation point: $17k. Note: This chart analysis is based on a lower timeframe so do not consider it for a long-term investment. That's it from my end. Trade safely.
COINBASE:BTCUSD
by Dexter_The_Trader
4
"First signals" that the markets are ready for growth, Why?👇Today we will consider the local situation on the BTCUSDT trading pair And we will offer you a trade that has every chance to work out over the weekend. Last week we published an idea with a possible BTCUSD price movement, it is still relevant, and we believe that it works perfectly During the week that is coming to an end, the BTC price slightly touched the purchase zone and buyers organized a rather aggressive buyback (in the context of the current passive market) Growth Bitcoin price for the week of +7% seems not a bad result, but it is much better that buyers managed to break the first portion of the short stops that were hiding above $17000 The next step is to hunt for the second portion of the short stops hiding in the marked zone above $18000 Today, there may be increased volatility in the market, because unemployment figures in the US are due to be released. It is expected that they will be an additional positive factor for growth in the markets in conjunction with the available data: DXY - the dollar index began to fall actively (and has prospects for further decline) This means that the value of the dollar is falling, and it needs to be invested in the economy, and in business. So that the value of monetary assets does not depreciate, but generates earnings. The last time such dynamics of the fall was in 2020-2021, and the crypto market at that time was experiencing a DeFi boom and the overall growth of most cryptocurrencies. S&P 500 - is steadily growing as a result of investing the dollar in the most powerful companies that are included in the SP 500 index Experts estimate the probability at 82% that the Fed rate on 13.12.2022 will increase by +0.50%, and not +0.75% as it was in previous months. Just three weeks ago, this probability was estimated at 60%, and this is already a positive trend Well, considering all the above facts, we consider it acceptable to try the trade on the following conditions: Entry $16661 Stop $15999 Take profit $18234 Have a nice weekend and profitable trading) _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
Long
by P_S_trade
44
BITCOIN: A DECISION TO MAKE.Hello traders, welcome to today's BTC update in a daily timeframe. BTC did well in a lower timeframe yesterday but if we zoom out the same chart in the higher timeframe, we can notice that BTC is under a decisive point. The yellow dotted line is acting as a strong resistance for BTC. From this point, if BTC breaks out then $19k is the target but if it gets rejected then $16.5k to $15.5k could be the dropping level. BTC can take turns in any direction from here so stay extra cautious. I hope this update is helpful for you all. Trade safely.
BINANCE:BTCUSD
by Dexter_The_Trader
1
BTCUSD one last stab up and down we goThis is what im thinking, we get another grind closer to that yellow trendline of resistance whereupon we see another move to the downside. --i expect the price to move back down to the 15k range at least once more before we can be sure bottom is in ---unless we see a clear and definitive break of the yellow trendline using this chart to keep track of BTC and its relative strength, other coins of course will follow the movement of BTC not trading advice just my observations
COINBASE:BTCUSDShort
by astoinis
BITCOIN: A POSSIBLE RALLY TOWARDS $18K.Hello traders, I hope you guys are doing well. Here's a quick update on BTC in 4 hours timeframe. BTC is under a rising wedge pattern where the price is close to the bottom trendline. In between this pattern, BTC is also forming a symmetrical triangle pattern where BTC is close to the breakout point. In both scenarios, BTC shows a possibility of a breakout and if this is so good to be true, $18k could be possible. The invalidation point will be a candle close below the lower trendline. That's all for now. I'll see you in my next update. Trade safely.
COINBASE:BTCUSDLong
by Dexter_The_Trader
3
BITCOIN: GOT REJECTED!Hello guys, quick update on BTC. After the weekly close, BTC got rejected. In my previous BTC update, I already warned you to be careful. This recent rejection could go extremely bad if BTC fails to hold the support level between $16.6k to $16.9k. If it holds this price level then we can expect a bounce back but a further rejection could drop up to $16k or $15.5k. For now, no scalping. I will wait for the confirmation to accumulate more. Trade safely.
BITSTAMP:BTCUSDShort
by Dexter_The_Trader
9