Btcusdidea
BTCUSDT 1DBTC ~ 1D
#BTC Not many changes have occurred in this #Bitcoin Chart.
What we see for now, BTCUSD Attempts to break Ema21, If this manages to close the price above Em21, Maybe the Next test is $68,000.
We are still bullish, Stay tuned, We will tell you the right time to start selling crypto.
BTC Chart AnalysisAnalysis and Outlook
The BTC/USDT chart reflects a strong bearish trend. The price has been consistently making lower highs and lower lows, confined within a descending channel. The failure to hold above the 0.618 Fibonacci retracement level indicates potential further downside.
BINANCE:BTCUSDT
Bearish Scenario
BTC fails to hold the 0.618 Fibonacci retracement level, we could see a decline towards the 50,000 USDT psychological support and further down to the 0.786 Fibonacci retracement level around 48,000 USDT.The 200-day EMA at 58,211.08 USDT will act as a strong resistance, and unless the price breaks above this level, the bearish sentiment is likely to persist.
Bullish Scenario
For a bullish reversal, BTC needs to break above the 200-day EMA and the upper boundary of the descending channel around 65,000 USDT. Sustained movement above these levels could shift the trend back to bullish, targeting higher Fibonacci levels and previous highs.
Conclusion
Currently, BTC is in a bearish phase with key supports being tested. Traders should watch the 0.618 Fibonacci level and the 200-day EMA for potential signs of reversal or further downside. Risk management is crucial in this volatile phase, with stops placed below key support levels to manage potential losses
BTCUSD - RE-ENTRY / Price reverts to the initial entry priceHello Traders!
I will re-enter this trade after BTCUSD took me out of the transaction on 0.
Most probable we will see here a bullish momentum.
Trade Safe!
Please LIKE 👍, FOLLOW ✅, SHARE 🙌, and COMMENT ✍ if you enjoy this idea!
Also, share your ideas and charts in the comments section below! This is the best way to keep it relevant, support us, keep the content here free, and allow the idea to reach as many people as possible.
www.tradingview.com
BTCUSD - Long Trade Confirmation !!!Hello Traders!
As you can see in the last analysis on BTCUSD, I was expecting the retracement until de PDL executed a long trade. At the moment I see a perfect opportunity to execute this trade as we have a reaction and we have a retracement. I expect a bullish move until the price of 66.700, the price where I have the Profit target.
Please LIKE 👍, FOLLOW ✅, SHARE 🙌, and COMMENT ✍ if you enjoy this idea!
Also, share your ideas and charts in the comments section below! This is the best way to keep it relevant, support us, keep the content here free, and allow the idea to reach as many people as possible.
www.tradingview.com
BTCUSD / POTENTIAL BULLISH BREACKOUT Hello Traders!
I expect a bullish move on BTCUSD H4, after retesting the bullish breakout at the price of 60500.
As we can see, the price returned to PWL and now I expect a reaction, meaning a good opportunity to execute a trade.
Please LIKE 👍, FOLLOW ✅, SHARE 🙌, and COMMENT ✍ if you enjoy this idea!
Also, share your ideas and charts in the comments section below! This is the best way to keep it relevant, support us, keep the content here free, and allow the idea to reach as many people as possible.
www.tradingview.com
BTCUSD 1MBTC ~ 1M
#BTC We look at the history of BITSTAMP:BTCUSD as a whole as recorded on the chart.
It looks like #BTCUSD is ready to continue its upward trajectory.
This is marked by a 3 month accumulation phase.
but the bad news is, the increase will not be more than $150,000. Even if it is more, it's probably not much and it's just a bonus.
BTCUSD: sell
After a sharp rebound, the rise has slowed down near the resistance level. The indicators need to be repaired. Pay attention to the support between 62000 and 61300. If the support is effective, go long. For the current transaction, shorting is safer and the probability of making money is higher.