btcusdtDear friends and companions:
Bitcoin is moving in an upward dynamic channel and we can get short-term fluctuations in this direction
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Btcusdforecast
WE'RE IN A BULLRUN JUST ACCEPT ITTime to get out of the denial mode guys we have entered the new BULLMARKET
BITCOIN: HOLDING THE $20K BENCH MARK.Hello guys, I hope you all are doing well. Let's have a quick analysis on BTC in 8 hours timeframe.
BTC was under the dilemma of breakout or rejection but now we can clearly see that BTC is under the rejection zone. As per the chart, if BTC further rejects then we may possibly see it close to $19.3k where we have good support. The real question is, is this going to be the final drop before the rally or there is more to come? Considering the higher time frame, I don't think this could be the final bottom. If at all, BTC drops for any reason, $15k could possibly be the last dropping level as per the weekly timeframe. This is something that is way too long.
For now, $19.3k holds pretty good support for BTC and if it breaks below it then we can re-analyze the charts.
I hope this update was helpful for you all. Trade safely.
BTCUSD intraday trading & back to the home ⬇︎ 02 NOV 2022BTCUSD intraday trading alert
3 steps must fulfill before entry
1. 1st breakout done
2. Retracement done
3. 2nd breakout and see you in the home ⬇︎
More info in my profile..
Good luck traders..
BTC still has two not filled gap on CME chartI think sooner or later they supposed to get filled, Actually It's good for healthy market and price action.
maybe price goes lower before touch those gap's, but on my experience CME gap's always get filled.
what do you think? please share your opinion with us
BTCUSDT LongThere is a Head and Shoulder pattern formed after the price retested the ranging zone.
My entry is at $21000 and my targets are 21500, 22000, and 22500
My stop loss is 20500, which is below the left shoulder. My target R:R is 1:3
Remember, risk 1-2% of your account.
BTC AheadAfter the shrinking of the economy and following the easing measures of the Federal Reserve
Note that the logarithmic order of the prices is shown above
So, with the smallest change on the chart, we see a large change in price
Also, these days with the least price change, we should see more change on the chart
As a result, I don't think Bitcoin will fall below the range of 10 to 8 thousand dollars
The blue lines show the peaks between them and probably the price of Bitcoin will be between 500 thousand and 1 million in 5 years.
Of course, if new economies, wars and political events are not born!!!
Please share your comments :)))
BTCUSDT LONGFor the past few days, this pair has been forming a falling channel, which might be a strong indication that there is a potential strong bullish movement.
If the price breaks out of the channel and retests the upper trendline & close above the 75 EMA, then I will enter my trade at $19200.
My Stop Loss is at $18920, My Tp 1 at 19480, Tp2 at $19760 and TP3 at $20400, near the next resistance zone( which is the upper zone of the ranging market).
So my R:R is 1:3
Remember, risk 1-2% of your account
BTC ANALYSIS
#BTC DAILY UPDATE.
#BTC has broken above the descending triangle but currently at the blue resistance box ,close above the blue box area could lead more rally and the orange box will be the next resistance for BTC on daily.
SELL House & BUY Bitcoin Now 🔥🔥🔥🔥🔥Hello Traders,
frm last few weeks we are seeing significant drop in dollar index and overall global markets are immediately recovering.
This is the perfect time to buy bitcoin, crypto market has already dumped 90-95% and i dont expect any major downfall frm here, if there was downfall to happen it must be happened 3 months ago bt btc sustained well and went in a strong accumulation. now we are seeing hard reversal in top crypto coins which is indicating in December 2022 we are going to see good rally upside.
Bitcoin Halving:
BTC halving is one of the biggest event happens every 4years, next halving will be occurred on 16 April 2024. Just 535 days are remaining before tht we are going to see huge liquidity in the market and global acceptance for crypto. mark my words btc is going to test 100000 USD before halving event.
always have a longterm vision for btc it will never disappoint u.
just waaana say BUY BTC thts yet.....
BITCOIN: BACK TO THE RESISTANCE.What next on BTC? A Rejection or a breakout?
BTC bounced back as expected from the 21 MA. Now, it is back to the resistance trendline where things could either go negative or positive. Can't say much in this kind of situation so better wait for confirmation and then decide.
Trade safely.
BTC ANALYSIS#BTC UPDATE.
#BTC has created the double bottom at the blue box area and black line is the neckline (resistance) for btc .Any break above the neckline would lead to a gain of 4% from here,however the chances of pullback are as equal if btc unable to close above the neckline resistance
BTC PREDICTION OF THE MOVING AVERAGES This is based on pure speculation and is totally meaningless enjoy.
BTC ANALYSIS#BTC HOURLY UPDATE.
#BTC is currently trading in falling broadening wedge which generally breaks to the upside with black box as the profit taking zone,so if btc breaks to the upside we need to ttake profits at the black box area .
BITCOIN: A REJECTION.Hello folks, here's a quick update on BTC.
After some impressive gains in the last 48 hours, BTC has started showing some rejection from the $20.8k resistance. If this rejection turns out to be repeating the past then we may expect it to reach the lower support line ($19k). In between, we have the 21 MA that could act as a support for BTC. The RSI is acting according to the price action and so far it is going well.
That's it for now. I will see you on my next update.
Trade safely.
BTC making Double Bottom on dailyWe have a double bottom on BTC on daily chart which already broke out and currently trying to retest, if this plays out then technical target of this bullish pattern is $22,805.
Another important thing to notice is that we hidden bearish divergence on RSI and MACD under development which will be confirmed at daily closure. Invalidation of this requires BTC to close above $21k and if divergence plays out then we will see sub $20k levels once again.
Bitcoin - It's TIME ⌚ ...Time to Wait Hi Traders, Investors and Speculators 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
I haven't made an update on BTC for a while because well, not much has changed since the last post. Currently trading in a tight range caused by a fight over control between bulls and bears, Bitcoin could really go either direction after the sideways trading. The sideways trading could also still continue for a while, at least until a clear direction is established. For now, the best thing to do - is to be patient and to wait. There are many altcoins presenting excellent opportunities, I'll be focused on those for now. (Check out our previous ideas to see which alts I am referring to).
A really good strategy, is not to force a trade. If the markets are unclear, rather sit it out on the sideline and wait for a clear trading opportunity.
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Bitcoin Chart H4Here is my view for BTCUSD on H4. The price could go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
BTC @ Critical Support Level The idea here is about BTC:
Since the last published idea about BTC
Right now we are at a very critical support level on a daily chart with ascending triangle formation. If price moves up we might have a resistance at
20.3K. This week will be crucial and will decide which direction the price is heading.
Points as per TA on a Daily Chart:
1. Ascending Triangle formation & broken out of falling wedge on daily chart as per below:
2. Bullish Cypher pattern completed on a weekly chart & potential trend reversal expected. Long Entry, Stop Loss, Targets are explained detail in the below chart:
3. Sea Pony (Advanced Harmonic pattern) completed on a weekly chart & potential trend reversal expected. Target and pattern explained in detail as per below chart:
4. Current trend from 8th November 2021 till date has formed a falling wedge pattern with Lower Lows (LL), Lower High (LH). The price is very close for breaking out of the trend as explained in the below chart:
5. Trading way below 50 & 200 EMA on daily & Weekly chart.
6. Ichimoku Cloud analysis: Kumo Breakout & Kumo Twist on a Monthly is strong buy, Weekly & daily chart is Strong bearish at the time of publishing.
7. RSI is at 42.89 on a Daily chart, 34.09 on a weekly chart & 41.69 on a Monthly chart at the time of publishing.
8. MACD almost converging towards signal line on daily chart, hopefully it will bounce back above the signal line.
9. Hull Moving average on a Monthly, Weekly is strong buy & daily is sell at the time of publishing.
10. Entry: I would suggest wait for confirmation on long or short entry. Since, unable to know which direction the price is heading. However, keep in watch list for the week & alert for price momentum.
Disclaimer: “The above is an Educational idea only and not any kind of financial or investment advice. So please do your own DD (Due Diligence) before any kind of investment”.
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BITCOIN: CLOSE TO THE RESISTANCE.Hello and welcome all to the BTC update.
Timeframe: 6 hours.
Update: We saw a good 6% move on BTC yesterday which was indeed a good profit. BTC has once again surpassed the $20k price level but we still have the same problem to tackle and that is the resistance trendline. This time the resistance trendline is close to the $20.6k level which is a crucial point for BTC. It is good to see BTC making a jump like this but we also need to be careful with the rejection.
Few reasons why we need to be careful:
1. This RSI is at the overbought zone and eventually, it has to go down which means BTC needs to show some correction.
2. Resistance trendline, BTC has been strongly getting rejected from the resistance trendline in the past and it could continue to do so.
In an easy way, if BTC breaks out of the resistance trendline, things could go pretty well for the market. A rejection, on the other hand, could possibly be a drop toward the $19k.
That's it for now. Trade safely.
Bitcoin - waiting for a successful buying test.The chart is in the extreme phase of the reversal formation.
A successful test (BTI) will be a confirmation of the reversal and the beginning of local growth.
If you like the idea, mark it. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and make yourself and your loved ones happy.
