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Btcusdidea

BITCOIN: HOLDING THE SUPPORT LINE.Welcome folks to this BTC update. I am using shorter TF for this chart analysis. Timeframe: 6 hours. Recap : According to our previous update, BTC is still maintaining the 21 MA support level in 3 days timeframe. Update: In this 6-hour TF, BTC is holding good support at $22.6k. You can clearly see that this is the exact support line from where BTC has bounced back twice already. If BTC manages to break above the 21 MA then we can expect a rally up to $25.5k. Bearish Rising Wedge: BTC is under a bearish rising wedge formation which isn't good. If BTC breaks down below this support line then things may turn out bad for the market. Conclusion: It's better to wait for a confirmation call. I hope this update was helpful. Trade safely.
COINBASE:BTCUSD
by Dexter_The_Trader
4
BTC short !Shorting BTC from nice supplyzone whcih has liquidity inducement and thats why its high probable to work. Nonetheless I expect BTC to aim higher towards upper 20k possibly this month. I'm targetting demand zones as you can see on chart and looking for buys there cause overally on 4h and daily we are still "bullish" and didnt reach any significant higher time-frame zones for shorts. I will keep you guys updated for possible longs in next coming days. Feel free to drop comments and any questions, Enjoy and good luck with trading ! :))
Short
by financialSalam70067
👽 BTCUSD 👉 Time to make money 😁👽 BTCUSD 👉 Time to make money 😁 The lower border of the rising channel provides an opportunity to buy on the rebound ❤️ If you find this helpful and want more FREE predictions on TradingView . . . . . Please show your support . . . . . . . . Click the 👍 LIKE button . . . . . . . . . . . Leave your feedback below in the comments! ❤️ I use all my transactions in real trading in my account, my account has already reached Profitability: 1549.04%🙏!❤️ It's your turn! Be sure to leave a comment and let us know how you see this opportunity and prediction.
BITSTAMP:BTCUSDLong
by QuantumLabSignals
3
Bitcoin 2D Strong Strength SnapshotFollowers may request a strength snapshot of any cryptocurrency, so like and follow. 1) Strenght Profile: Green and getting stronger. 2) Bull Bear Squeeze: The bears are finally completely squeezed, now the bulls need to send it! 3) Money Flow: The money flow is green and positive. The sideways action could continue for a little bit longer until the strength profile goes above 50. For now, the Bitcoin 2D Strength Snapshot is strong: Strength Profile 🟢 Bears in Charge 🟢 Money Flow 🟢
BITSTAMP:BTCUSD
by bodhinium
🥳 BTCUSD China will give rise to coin target 34,000 🥳 BTCUSD China will give rise to coin target 34,000 ❤️ If you find this helpful and want more FREE predictions on TradingView . . . . . Please show your support . . . . . . . . Click the 👍 LIKE button . . . . . . . . . . . Leave your feedback below in the comments! ❤️ I use all my transactions in real trading in my account, my account has already reached Profitability: 1549.04%🙏!❤️ It's your turn! Be sure to leave a comment and let us know how you see this opportunity and prediction.
BITSTAMP:BTCUSDLong
by QuantumLabSignals
BTC BIG MOVE COMMING SOON !!!!!! In 4H Timeframe BTC fORMED rising channel pattern and in Small Timeframe their is resistance arround $24,200.BTC Trying to break this level.Their is also bearish divergance in 1H timeframe. BTC needs to take Some correction(Atleast till $23,000).In Case of 4H closing Above $24,200 BTC Will jumped toward the $25000 Level.Their is the resistance of Rising Channel and it is the last hope for Bears.If BTC will Hold Above $25,000 Level then BTC will easily hit $26,800 _ $28,300 Zone(4H Supply). Resistance Levels Are $24,200 & $25,000 . Support Zone is $23,000_$22,800. I tried my Best to give you better update.Don't Forget to like this post. Thanks
by cryptoGuider
1
BITCOIN:: IS THE RECENT RALLY GOOD ENOUGH???Welcome folks to this new update on BTC. I am gonna keep the chart clean and simple for you guys. Timeframe: 3 Days. Update: In my previous 4 hours update, I mentioned the drop between $20.1k to $20.7k and the volatility in the market after the FED news. Well, BTC didn't drop up to $20.1k but it drop up to $20.7k which was under the given range. FED & FOMC News: With the FOMC press release, we saw the market taking a rally which was a surprise for many. After the recent FOMC news, BTC is 10% up ($21150 to $23480). Current Scenario: In a 3-day TF, BTC is facing a slight resistance at $23150 where we have a 21 MA resistance. If BTC manages to break above this then we can expect BTC to reach the $28.7k to $31.8k, a psychological resistance level. Conclusion: The entire market is pumped right now which is not natural. It is all because of the FOMC news released yesterday. There's no doubt that BTC can rally higher from the current level but a correction will be a perfect balance. Key Point: 21 MA : Break out above it will boost the rally. I'll update more on it in the coming time until then trade safely. Thank you.
by Dexter_The_Trader
BITCOIN: BROKEN DOWN BELOW THE SUPPORT.Hello traders, I hope you guys are doing good. Let me share a quick update on BTC. Timeframe : 4 hours. Update: BTC broke down below the support level which isn't looking good in a shorter timeframe. If BTC didn't break above the upper trendline soon then we may most likely see a drop in BTC. BTC tried its best to hold the support level but couldn't keep it up. The current green candle looks like a retest but if it manages to break out again then things will get interesting. Upcoming news: We have the Federal Open Market Committee (FOMC) two-day meeting on the 26th & 27th of July 2022. This meeting may bring volatility to the market depending on the news. So, kindly mark the date and stay alert. Conclusion: The market looks bearish for the short-term and as the weekly close is near, we can either wait or scalp trade. That's it for now. Thanks for reading my update. Do like and comment to show some support. Trade safely.
Short
by Dexter_The_Trader
6
26,567 Target UpdatedBTC reached a new low on the 4 hour, and rejected the 30MA on 4 hour. I can now understand why this has happened and why this is temporarily bullish for Bitcoin . I don't think we are dumping yet; here's why: A perfect fakeout would be to close the Weekly candle ABOVE the 200MA Weekly. This would be a HUGE BUY SIGNAL for retail buyers and many traders who don't think about what this actually means. They would just assume the bull run is back on. Literally everyone would be buying Bitcoin . Every Bear would switch Bull, and then, and ONLY THEN, does the dump begin. The liquidations would be HUGE. We currently close the Weekly on Sunday 24th. On the 25th (just like on the 25th July, 4 years ago) we reach the top - which on Kucoin would be 26,567. (Please refer to my 2 "Link to Related Ideas" to see how I measured this target originally. I have redone the extension with the new numbers to show you the updated target.) Funnily enough, if you look at my chart you can see that thick orange line above the 0.786 fib of 26,567. That thick orange line is the 200EMA Weekly. I expect this 200EMA Weekly to meet around this fib level by then, and THIS will be the REAL TOP. So around this time, the 25th would be a Monday. Now we all know that on Monday's, there are generally fake moves. So it would probably reach the top on Monday, pretend dump and then back up halfway to liquidate some late bears. Then it should start dumping around Wednesday 27th/Thursday 28th. The Monthly close would likely end up being a green Monthly candle with a wick. From then on, we descend towards 19k-18.5k before levelling out and going sideways in September.
INDEX:BTCUSDLong
by reiiss7
15
BITCOIN: BEARISH DIVERGENCE FORMATION!!!Hello traders, I hope your days are going well. Here I am once again with an update on BTC. Timeframe: 4 hours. Update: In my previous update, I mentioned the hidden bullish divergence BTC formed and it worked pretty accurately. A strong gain of 12% after the chart got posted. Now, currently, we can see two things happening. Firstly, BTC broke out of the $22.5k resistance level and closed above it which technically, looks bullish. Secondly, BTC is under a strong bearish divergence formation where the RSI top is decreasing and the actual price candle top is increasing. Conclusion: We can clearly see that BTC has not confirmed the bearish divergence, yet. It is still under formation which means if BTC starts to rally higher, the bearish divergence will get invalidated. We are already in the overbought zone, and the market is all green. Looks like we may likely see some drops soon. So, stay on high alert and trade safely. Key points: 1. Keep an eye on the bearish divergence. 2. $23k a good support. 3. RSI overbought. I will keep you guys update.
Short
by Dexter_The_Trader
2