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Btcusdforecast

BTCUSDT Two trades while bitcoin price is in the consolidationOn the graph BTCUSD we all see the channel of price movement with a scope of 40% from border to border. The price is stuck in the side and the fate of the further trend of the price movement for the months is being decided. And while the market share is decided by the "big uncles", let me offer you two modest trades within a broad consolidation: 1. Short-term trade on the current retest of the local bases for strength and without updating the minimum Entrance to Long $39400-39700 Stop - $38224 TP - $43974 2. Medium-term trade , entry into the position when and if the feet of longs that were gaining above the proposed procurement area will be triggered on the strait. Entrance to Long $37100-37700 Stop - $34319 TP - $49900 And then everyone makes a decision for themselves: - Participate in one or two trades - what part of the deposit to allocate for the proposed trades - or you can just watch from the side, and then either bite yourself on the elbows, missed trades with a cool profit/loss ratio or write: "And I said that will not happen" :) _______________________________ Since 2016 , we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
Long
by P_S_trade
34
BTC DAILY UPDATE 6H death cross SOONPrice action is moving below mid-range of a descending channel making lower high's and lower low's. So likely we will see retest of lower boundary of the channel which is $38,000. So far btc is holding ascending trend line resistance but this will likely break down as soon as death cross occurs. On-chain data is giving bullish signs but S&P500 being bearish and Dollar being bullish is whats making the entire crypto bearish. Kindly like, share and comment. Our premium discord discord.gg
BITSTAMP:BTCUSDShort
by NasirCrypto
3
BTC LONGBTC showing bullish momentum on LTF , early London session we seen the manipulation occur with the run on stops and into Newyork price rallied and broke market structure giving us our first to steps of our trade plan. 1- Run on liquidity (EQL) 2- Break in market structure to the upside 3- Retest of the order block that caused the BMS (PRICE NEEDS TO HOLD THE OB AND SEE STRONG REJECTION) Looking for BTC to hold Monday's low and make a higher low within today range , ive placed the fib for reference to price any bullish PA again on LTF we can go long. Order block at 50% $40040 is option 1 but have you stop below the low 39k Option 2 we wait for a retest $39280 (The order block that caused the initial BMS) and the swing low formed Newyork session.
KRAKEN:BTCUSDLong
by Marketperceptions00
BTC: A PERFECT BOUNCE BUT IS IT ENOUGH?Welcome members to this long-awaited update on BTC. My name is Dexter and I am here with this exclusive update on BTC. First of all, if you are viewing my post for the first time then do not forget to like and follow. I share updates on the crypto market including margin trading, futures, spot, and scalping. All ideas are my biased opinion and I invest at my own risk. I don't force anyone to buy or sell, I simply share my ideas absolutely for free and it is your sole decision whether to trade on them or use them to understand the market. In my previous post back on April 12, I clearly mentioned the $38k support level and the possibility that BTC could drop. Now, according to the chart, BTC dropped up to $38550 which is the exact level we have a supporting trendline. A bounce has already taken place after the drop but is it enough to rally the price back to $44k or even higher than that? To confirm whether this is the level from where BTC will bounce back, we need to consider some of the following points. 1. The 21 MA: The 21 MA in 12 hours TF has proven to be strong resistance for BTC. As you can see in the chart that how the 21 MA has been pushing the price down. A breakout above the 21 MA is a good indication of a higher rally. 2. The Lower Trendline: BTC has managed to bounce back from the support line drawn at the bottom. This is the exact trendline from where BTC has always bounced back. 3. The RSI: The RSI is making a bullish divergence in recent times. Conclusion: There is a good possibility that BTC will rally higher. We still have around 6 hours left for the daily candle to close and I am expecting a rally towards $42k to $44k soon. I have started accumulating some altcoins on the spot. My invalidation point will be $36k. If BTC goes below this level then I will exit all my trades. Until then accumulate. What do you think about the BTC price? Do let me know. Like and comment. Thank you.
COINBASE:BTCUSDLong
by Dexter_The_Trader
4
BTC Bulls Facing Crucial Support AreaBitcoin is currently trading around 0.618 FIB Retracement from 32950$ lows from January 2022 to 48200$ highs from March 2022. The retracement area between 0.618 and 0.786 FIB in confluence with Trendline is crucial for Bitcoin bulls. Bounce from this area could indicate higher prices into 50000$ to 53000$ area, while failure to bounce from this area will probably lead to deeper downside movements below Trendline and could indicate breaking of the Higher Highs and Higher Lows structure of the market and retest of the 26000$ price level.
BITSTAMP:BTCUSD
by ESO_Trading
(BTC) Bearish Momentum ContinuesBitcoin is currently trading below the $39,000 mark and is still looking bearish on the lower timeframes. As soon as the price broke below the trendline support, it was a bearish indicator and the break of support at $39,600 was almost confirmed. We can also see that right now the price has found some support around the $38,800 mark. It would be interesting to see whether BTC will bounce back from here or if further sell-off is on the cards.
BITSTAMP:BTCUSDShort
by EagaPavanKumar
1
BTC bullish divergence on 2D and 3DFirstly we look at 2D chart and we see hidden bullish divergence on RSI which means that the price is making higher lows and oscillator is making lower lows, We take this signal as a potential bounce in coming days. Now let us look at 3D chart, Again we see hidden bullish divergence on 2 oscillators which are CCI and CMF. Again this is another strong signal that bullish momentum will resume from here. Market has never been this confusing as now. Charts and on-chain data shows that we are ready for a massive bull trend whereas macro economic factors suggests otherwise so this could possibly be a bull trap. Let us wait for weekly closure and then will further update.
by NasirCrypto