Bitcoin Idea H1Here is my view for BTCUSD on H1. The price could go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Btcusdforecast
BTC: A SECOND CHANCE TO BUY BACK BEFORE THE RALLY OR A BIG DUMP?Hey guys, I hope you all are doing great. Here's a quick update on BTC and the market.
BTC is back in the support level after getting rejected from resistance level 1. Can we consider this as a second chance to buy BTC at the bottom before the higher rally? Well, for this we need to look for confirmation and that would be a bounce back from the current support level.
I am accumulating BTC at this level and will accumulate up to $37.7k. If BTC breaks down and closes below that level then I will exit all my positions. Looks like this coming week will be good for BTC and other altcoins. The only level we need to keep an eye on will be the present support level at $39k.
BTC 24 hour - This is the area that starts to break patterns.I have bee wanting as have we all, but to let it drop, to sell, to buy back, its' a lot. I have my buy zones and if goes under i'll buy more. Infrastructure is become undeniable.
BTCUSD- Moving down hillHello Traders,
There is support on 39500 level. If current candle will be close above or bellow this level, we will have movements of the price. But likely price will continue to drop. For more precise entry change TF to lose one. Upper side is “protected” with trend line - breaking trough the TL will be the signal to open long position. Vertical line indicates change direction of the momentum.
Cheers,
Jim
Bitcoin on the spam of 1Year!Bitcoin is following trend, my guess is it will touch 70,000, all-time high before falling on a lowest point in years.
Bitcoin - one more deep before the last move up Bitcoin - one more deep before the last move up and then we migh be visiting 10k level again!!
Time will tell =)
BTC BUY-SELL ZONEEverything is indicated on the chart, until we break through the buyers' zone, there should be no concern for those traders who bought, the seller's previous zone was pushed, the buyers' zone is on the defensive.
#BTCUSDT Possible area for Bounce...BTC managed to pump towards the $43k level but could't sustain the growth.
This pullback was imminent with all those bullish charts being shared in the community.
Late longs are trapped and it's time late shorts to be trapped too.
Once it happens BTC will be ready for the rally.
So far the point for bounce still remains the lower trendline support.
$38.5k (wick to liquidated late longs) to $39,3k level.
As long as the channel holds Bulls are in control in LTF.
Some fractals plotted in the chart , do observe!
Invalidation:- Close below the red line ($36,629)
Let me know what you think.
If my charts help you in any way please do hit the like button and share your views in the comment section.
Thank you
#PEACE
Wen Green, Buy BTC$BTCUSD BTC chart with alternating repeating channel widths. I've used this for many years and figured I'd finally share the love. It's weird you know, it's almost like a bunch of math nerds designed the mean long-term behavior patterns of the chart, almost looks protocoled. Must be a coincidence.
@RCD
Wen Green Range?$BTCUSD BTC chart with alternating and repeating channel widths on log scale. I've used this for many years, with buy zones whenever price enters green price channel or green RSI area. Figured I'd finally share the love.
It's weird you know, it's almost like a bunch of math nerds DESIGNED the long-term behavior patterns of the price chart...almost looks protocoled. Must be a coincidence.
@RadCryptoDoc
BTC massive dump ahead $23K targetThis is a buy/sell indicator which has been quite accurate to predict long-term price action on higher time frames. Every time candle closed with a sell alert, Price dumped over 42% so now we see the sell signal popped up plus we have a death cross nearing which will further confirm the downside towards $23K.
I am not saying this is a sure-shot thing but this is quite possible considering uncertainty going around in S&P500 due to interest rate hike and crypto as we know is highly correlated to that.
BTC making butterfly harmonic $57,329Price action is developing a harmonic 🦋 Target of this is $57,329. Invalidation of this harmonic will be price going below $38k level or consolidating for a longer period of time. Although it looks we will touch $44k level and pull back but sometimes you cannot anticipate the movement of BTC and it surprises you.
BTC will reach 60k+ in a monthElliott wave analysis on bitcoin, if this scenario is true, we're currently in a wave 3 of C of D in a big symmetrical triangle correction. In addition, if it copies the 40-69k pattern, we could see it reaches the 60k+ zone in a month.
Bitcoin- Still inside a bearish flagIn my last Bitcoin analysis, I draw attention to 40k important support and as we can see, after a short-lived dip under this figure, Bitcoin has rebounded.
However, this rise, in my opinion, should not give high hopes, the overall structure remaining strongly bearish.
I will remain on the sideline for not and wait for more clarification, but my bias for the BTC and the crypto market, in general, remains bearish
BITCOIN LONGS ACTIVE 📉📉📉Expecting bullish price action, i entered on the LONG trade as i told you in the previous posts. Targets into 45k
What do you think ? Comment below..
BTCUSDT - Long @41600As previously stated in my analysis, we had a pending buy trade @ 41600 which was activated yesterday.
On one hand this is good news, for our long strategy, yet the latest price action are telling me to be more cautious than usual. There is more selling pressure on our path to the upside than support areas on the downside.
Yesterday BTCUSDT faced resistance as it approached the 20 EMA on the daily chart. Once we push through the 20 EMA there is a major distribution area between 42000 & 43000 and at the point there are two scenarios:
1. We touch the 100 EMA and we selloff, continuing the down trend towards 36000.
2. We brake through the 100 EMA and continue the uptrend till around 52000.
I usually do not change my trade setup unless it hits TP or SL. Yet I may add to my position if I recognise favorable conditions.
Current setup:
Buy @ 41600
TP @ 52000
SL @ 40600
Pending:
Short @ 39900
TP @ 36500
SL @ 40500
BTC is ready for a new move !BTC / USD
This is a quick but simple update !
BTC faces 42k resistance
the buyers still hold the price tight above the lower line (by candles closure )
Overall the market is trading in range of this channel since start of 2022 (almost 5 months ! )
WHAT NEXT ?
–As long as the daily candles still close above this line the situation is bullish toward 44k 46k 48k ++
–If daily candle closed below it expect the price to hit 37k
What do you think ? share in comments section below
Bitcoin Idea H1Here is my view for BTCUSD on H1. 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!
#BTCUSDT broke above $40.8k, Next move?...The previous idea still on track.
New lower low below $39.2k ✅
Bullish divergence in HTF and LTF ✅
Retest in LTF :- ❎ (This is why we can expect a little pullback in LTF around the mid $40ks )
So eventually the chart remains the same.
BTC is likely to hit the $43.5k+ level.
The little pullbacks will merely be some good buying opportunity.
So, keep an eye on it.
Let me know what you think.
If my charts help you in any way, do hit the like button and follow me for more high quality exclusive contents for free.
Thank you
#PEACE
BTCUSD | New perspectiveSince my last publication on this pair, we witnessed over 7,000pips move (see link below for reference purposes) and the price is right back at where we were a couple of months ago.
With a significant bullish trendline identified on the daily timeframe; we might want to be looking at a bullish expectation in the next couple of days as long the price does not break below this line. In this video, I explained why I think we should be anticipating a bullish momentum. I shall bring up updates as price action is been monitored in the next couple of days... Stay tuned in!
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Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
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