Btcusdforecast
BTCUSDPossible short ; momentum to the downside. we broke structure to the downside and waiting for pullback to h1 ob to go short.
SL above ob/recent high. Tp at the weak lows/ob below.
BTC what if ?… worst case scenario BTC / USD
hi guys before we get started lets say this scenario has a very little chance to happen
However we should be prepared to everything
I can call this scenario “worst case scenario or the scariest scenario “
WHAT IF ?
as i said before in my last analysis i still believe we have very high chance around 17600-16000 will be ultimate bottom , you can check my previous analysis here :
However, the chance of this scenario will increase if 300 WEEKLY MA Doest hold (which located near 16k )
The next strong supports after 16000 in my chart
14k - 10k - 6k
Alot of people already waiting 14k-10k !
From my experience when majority of traders want something ,The MM either never reach that price or dump much lower
And that’s why, we see bottom already very close or much lower than majority think
Summary:
we believe bottom is very close or already in unless BTC consolidate below weekly ma300 (16k) and DCA is still the best choice for long term investors
Dont forget to like and share for more
Best of wishes
Analysis, forecast BTC and thoughts aloud for the next 6month #2It looks like our global analysis is the most accurate from all type of our analysis.
Large timeframes in the analysis show a clear trend and most importantly, they get rid of "unnecessary noise", which can throw off the correct opinion and an unemotional view of the market.
The value of Bitcoin has been falling steadily for 3 months, the price of BTCUSDT has fallen 52% from the high and reached the top target according to the BTCUSD forecast of 10/19/2021.
The $31500-33000 price zone is very critical, and it will decide the future of the crypto market in the coming months.
Let's consider some possible variants of events in the future:
1. A negative scenario (red arrow) - the sellers will sell the price of BTCUSDT below $30,000 , they will break out stops and then the price of BTC may spill down to $23800 in one wave. Such a scenario would fill the GAP formed back in late 2020.
2. Positive-negative (white fractal) - the price movement according to this fractal predicts the growth of BTCUSDT price up to $56500 (also the fractal hints at possible break out of stops up to $31500 before the growth). Around $56500 will decide the future of crypto market: to go on and renew last year's high or a sharp drop to $12-14k . Fractal indicates a possible collapse of the crypto market in spring 2022, how it will be unknown - this is just a guess. However, we know that US Fed is accelerating the pace of winding down its asset-purchase program, which actually opens the door for an earlier interest-rate hike - as early as spring 2022.
3. A Positive scenario - after the Bitcoin price reaches the white fractal of $56500, the maximum possible correction will be in the area of $44500. And then a continuation of parabolic growth and the possibility of seeing a BTC price of $110k+ by mid-summer 2022.
Please, write your favorite from scenario in the comments to the idea or write your scenario of the future (preferably with a chart)
And now, let the old-fashioned way: write the trading pair you want us to analyze in the comments.
We will start in the comments, and you go on!
Top 3 trading pairs that will get the most likes or comments will get a decent analysis from us.
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BTCUSD TO 16200!!! (SELL OFF)Never buy the first bounce!!! the first basic principle of Crypto. Looking for a 4800 pips of Sell for BTCUSD, looking for a double top formation on this setup on a 2HTF.
RISK OFF!!!!
NB: Yellow Box; Supply Zone
After hitting my TP, I'm looking for the real bounce of price to 27,000.
BTCUSD RANGING ON A SOLID SUPPORT ZONEThe base line support zone is 29222.01 zone break below it, i would expect price to retest the zone of support previous held as a peak formation low for stop hunt zone at 25838.02 zone. the overal market pattern is macro bullish flag on weekly chat of which is in confluence invesly with daily chart time frame intermediate pattern which is bearish flag.
It would be good to wait more days just to see how this pair will develop further is not yet ideal to trade but to short list it and watch it closely.
BTCUSDT: Local Waves Count & Growth Opportunities At the moment, the price of bitcoin has recovered above $20k.
In my main version, there are 2 scenarios: the price growth can continue after the correction of the current local impulse, or after updating the previously minimum price level.
In general, the wave structure allows to plan almost risk-free trading operations.
If consider the option with the end of the decline and continued growth within the current growth dynamics, then we should monitor the correction and price reaction in the range of $20.5k-19k.
If the local trend is strong enough, it is worth planning long position on the new growth impulse in the 2 wave of wave 3 in the specified price range.
If the sales will be strong, there is a high probability of updating the minimum price level, where it is also worth considering buying near $17k-16,3k.
As in the past - I expect the beginning of a bullish rally, the strength of which will be determined by the development of positive or negative sentiment.
Best regards,
CEO Tornado Capital
Here is what I see in BTC!I am still firm that BTC is going downtrend for a long time.
Red Line - where the market making a short term reversal in a low timeframe
Green Line - is where the market making a bullish reversal
Blue Line - Is where the final momentum will reach before heading down. Profit taking shall be fully utilise at $54k - 55k the most.
BTC/USD Long Bitcoin surged past $20,000 Sunday afternoon to $20,580 a coin, a 16.9% gain off its Saturday lows.
The rally comes just one day after bitcoin ( BTC ), the largest cryptocurrency by market capitalization, fell below $20,000, its lowest price since November 2020. As of press time, bitcoin was trading at about $20,383 a coin.
Bitcoin’s price surge reflects traders’ renewed appetite for risk, even as the market continues to digest the fallout surrounding crypto lending giant Celsius and crypto investment firm Three Arrows Capital.
We taking this trade (LONG TERM) based on technical analysis and price action.
(1) DO NOT ENTER ANY TRADE BEFORE THE ENTRY LEVEL
(2) USE YOUR STOP LOSS
(3) DO NOT HOLD A LOSS FOR MORE THAN 2 DAYS
Please use proper risk management depending on your account size, Use lot sizes based on these calculations.
Here is a break down of your pip value in ZAR and Dollars
0, 01 = R1,43 / $0,10c
0. 05 = R 7,15 / $ 0.50
0.10 = R 14,3 / $1.00
1 Lot size = R 146,26
How to calculate Margin = (Lot Size * Contract Size)/Leverage, Lets say your broker gives you 1:500, and you open 0,2 size, How much are you exposing ? calculations : (0.2 * 10 000) / 500 = $4 (R58) also (1 Lot * 100 000) / 500 = $200 (R2 960)
So, each time I open (1 Lot size, am exposing R2960 (Down payment)
Remember, These are long term trades, It is advisable to have enough margin to handle the fluctuation of the markets.
Please like and share for more useful content:
BTC/USD Long Bitcoin surged past $20,000 Sunday afternoon to $20,580 a coin, a 16.9% gain off its Saturday lows.
The rally comes just one day after bitcoin (BTC), the largest cryptocurrency by market capitalization, fell below $20,000, its lowest price since November 2020. As of press time, bitcoin was trading at about $20,383 a coin.
Bitcoin’s price surge reflects traders’ renewed appetite for risk, even as the market continues to digest the fallout surrounding crypto lending giant Celsius and crypto investment firm Three Arrows Capital.
We taking this trade (LONG TERM) based on technical analysis and price action.
(1) DO NOT ENTER ANY TRADE BEFORE THE ENTRY LEVEL
(2) USE YOUR STOP LOSS
(3) DO NOT HOLD A LOSS FOR MORE THAN 2 DAYS
Please use proper risk management depending on your account size, Use lot sizes based on these calculations.
Here is a break down of your pip value in ZAR and Dollars
0, 01 = R1,43 / $0,10c
0. 05 = R 7,15 / $ 0.50
0.10 = R 14,3 / $1.00
1 Lot size = R 146,26
How to calculate Margin = (Lot Size * Contract Size)/Leverage, Lets say your broker gives you 1:500, and you open 0,2 size, How much are you exposing ? calculations : (0.2 * 10 000) / 500 = $4 (R58) also (1 Lot * 100 000) / 500 = $200 (R2 960)
So, each time I open (1 Lot size, am exposing R2960 (Down payment)
Remember, These are long term trades, It is advisable to have enough margin to handle the fluctuation of the markets.
Please like and share for more useful content:
BTC Looks weak on Daily/Weekly time frame, Can fall further!BITSTAMP:BTCUSD Is showing signs of further fall.
Based on Fibonacci Retracements, its has taken support from last possible quadrant of hope to sustain above that 23% around levels.
BITSTAMP:BTCUSD Has broken down crucial downward trendline with huge volumes, with sharp fall in prices.
On Upside, there is very little volume in buying as it has probably hit sentiments of many investors in these days.
More downside n pain can be expected in it.
Bitcoin will fall between seven and ten thousand dollars.If you think Bitcoin is not falls anymore, I must say that you are sorely mistaken. The huge bitcoin falls and reaches its trend line, which is green at the bottom of the chart. I do not want to say that this is a signal, but I want to say that the first fall target is $ 26,779 and the second target is $20,645 based on the head and shoulders pattern, which is also confirmed by Gan Fan. Also, the pattern that is drawn at the bottom and left in a square should happen again in the future, and if that happens, the decline between seven and ten thousand dollars will continue, depending on the green trend.
But what I can tell you is that when the fall is over, anyone who buys on the green trend line to climb can see at least $ 150,000 bitcoin rise and profit. Because the end of the bullish channel will be around $ 150,000.
GOOD LUCK
(This is just an analyst's opinion and not a buy/sell signal. There is a high probability of error.)
BITCOIN UPDATE: CAN THIS BE THE BOTTOM?Hello traders, welcome to this update on BTC. I will try to keep it simple and understandable for all of you.
BTC's weekly close was at $20.6k. It is still holding the support 1 ($19.5k).
Q. Can this be the bottom?
A. Possibly no cause we are still in the bear market cycle.
Q. Can we expect a bounce-back?
A. Possibly, the bounce can hit the resistance level of $30k.
Q. If BTC breaks down then what could be the possibly bottom range?
A. If BTC breaks down below the support 1, the next possible bottom could be $12k.
Conclusion: If BTC continues to hold the support 1 level then we can expect a bounce towards the resistance level ($30k) and then the downfall. But if BTC fails to hold S1 then I am afraid that we may see BTC once again at the $12k level.
I hope this update will be beneficial for you. Do check out my related ideas in the link. I posted these updates back in Jan and Mar 2022 and it beautifully played out.
Like and follow for more.
Thank you.
BTCUSDT EFFECTS ON ITS TREND PATTERNSBITCOIN | From july 19,2021 till date, btc has apparently formed three bearish pattern which has been identified on the chart. The head and shoulder pattern has completed its cycle but then btc still continues with bear sentiment due to the breakdown at the resistance level($43.03k) which is the weekly support and the continuous bearish patterns formation. The only save for btc is the third pattern which is the ascending triangle that could prone btc to retest the weekly resistance for the second time,in the event it breaks, a huge uptrend is likely but if gets rejected again, we'd definitely see a nosedive in the whole crypto mkt as btc will look forward to the area that needs to be retested before we see a trend reversal. The minor and key s/r levels have been highlighted on the chart, its advisable to keep tabs on the highlighted areas to be cognizant on the next move to avoid liquidation.
Your likes and comments would be much appreciated, you can follow up for more helpful contents and do follow my comment sections too for quick updates...
BtcusdtBtc break out on 1hr time frame wait for the retest to enter a new long if the retest goes well we are good to go target are open target 😀take profits anywhere but don't be greedy 😉
If retest didn't goes well step out
Let's wait and see if we will make a deal with btc 😉 follow me to catch the retest if possible
Let us pray that the retest goes well
WE GOOD
Btcusdt Sometimes I difficult to analyze the btc
But am sure that we are not clear no one knows the future
We can only gamble with 1hr time frame knowing that there's danger in weekly time frame this market is very scary 😨
Best thing is to wait no one knows the bottom if u buy dip it dip more
#Bitcoin’s price sits at the lower bound of its production cost for the first time since the March 2020 #liquidity crisis as well.
Moreover, We can see that whenever price hits the lower bound or upper bound of the #Bitcoin Production Cost Ribbon, we see a mid-term reveral in the market. Simply, this inidcates a relief rally coming soon ✌️🏻.