BTCUSDT , Is the pullback over?Hi guys ... :
As you can see in the picture, Bitcoin has broken its daily downward trend and is above the 46000 price range.
Now, these few days when the price has dropped, it is considered as a pullback.
We also have to do our purchases in pullbacks!
OK..
- But how long can this pullback last?
- As you can see in the picture, there are 3 pullback endpoints that are numbered:
- The first point he encounters is the wise range for longing.
- The second point can also be touched in the next few days due to the sales pressure created in the last two days.
As for the third entry point, which is marked with the number 3, if it is touched, we will encounter a price pump, but this has one drawback: the other coins fall sharply!
- In my opinion, the exit time from crypto is in the range of $ 57,000 to $ 58,000!
* See also Macd ! With great power down!
* The price range indicated by the red arrow is a price gap and will soon be touched by the price.
- I hope the price of bitcoin does not fall below the entry point 2 :)
| Thank you |
Btcusdidea
BTCUSD Running In 300 Pips Profits , New Entry After 4h ClosureThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
BTCUSD don't BUY yet!Hi fellow traders, I've been posting many charts on BTCUSD lately because we are getting closer and closer to the point where we will see Bitcoin rise once again. It is important to look at the bigger picture now on the weekly. I believe this is a large corrective structure in the shape of an expanding flat pattern. Thus we will break de previous bottom at 28k and we should see a sharp rise from anywhere within the blue box. I will keep updating the BTCUSD chart on smaller TF's. For now, stay patient guys. Goodluck!
BTC giving long-term bearish signsI don't mean to scare away anyone with this analysis but I want to show you some crucial levels which need to HODL for further upside.
Let us start with 2D chart, MA50 is very important level here which if btc does not HODL then we are looking at minimum 20% dump in coming month but if this level HODLs and MA200 is reclaimed then welcome the bull market. MACD flipped bearish which I marked with a circle which means that we are going to stay in a downtrend for sometime. Bullish narrative will build ONLY if MA200 is fully reclaimed.
On weekly chart, I have market the circle on stochastic which is flipping to a sell signal. Now most importantly we need to look at EMA10, Everytime price broke down from EMA10, It dumped over 39% so we can see that the price seems to be closing below it, If next week candle close below $40K then we are possibly looking at longer period of downtrend.
Bitcoin- will it become bearish again?After January's low, Bitcoin has started to rise and even has broken above 45k resistance.
However, this break has proven to be a false one and after a few days of consolidation above that level, the price has rolled back down under.
Looking at the daily posted chart we can see that the rise is corrective in nature, lacks impulse, and is drawing a flag.
Now the price is above 43k local resistance and a break here would expose the very important 40k confluence support.
A break under 40k would be very bad for bulls and could signal further losses under the previous recent low and even under 30k.
Only price back above 46k would change this outlook.
BTCUSD - definitely price is dropping Hello Traders,
This is definitely second chance on short.
I am trying to predict changes direction of the momentum and price in the future…
We will see that will happen.
One again red vertical line - change of momentum direction, blue - price change direction.
Any question? Just ask…
Cheers,
Jim
BTCUSD- Short fall of the priceHello Traders,
This is definitely second chance on short.
I am trying to predict changes direction of the momentum and price in the future…
We will see that will happen.
One again red vertical line - change of momentum direction, blue - price change direction.
Any question? Just ask…
Cheers,
Jim
BITCOIN: IS IT GONNA DROP LIKE BEFORE?Hello traders, welcome to my new BTC update. For today's analysis, I am gonna use 12 hours chart to get a clear picture of BTC.
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.
I guess we don't need a lot of explanation here. Looking at the higher timeframe chart, we can figure out where BTC is heading next. In a lower timeframe, BTC may fluctuate making long greens and red but in higher timeframes, looks like BTC is already sinking in.
Currently, the support which is holding BTC is the $43k support level. If BTC manages to bounce back from this level then it still needs to break above the $44.6k to $45k resistance level. Further rejection will drop the price to another support level which is at $41k and in a worst-case scenario, the ultimate support level at $38k.
That's it from my end. I will update more on this as the market changes its direction.
Until then trade safely.
Thank you.
BTC UPDATE BTC / USD
Unfortunately BTC lost 45k local support area and situation becomes critical
But In macro view things are different
we still have important levels for watching :
First strong support 42k-40k the bulls should hold this area if we want to continue the current bullrun
IMO if BTC failed to bounce and closed weekly below 40k then i will consider the last pumps as a trap and then we can test 37k-35k again (much support there + moving average)
What do you think ..which pathway will BTC follow ?
Don’t forget to like this idea for more analysis
BTCUSD Made Double Top Pattern,Short Entry After D Confirmation This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
BTC IS BREAKING DOWN BELOW THE $44.6K SUPPORT LEVEL.Hello guys, welcome to this update on BTC.
I know the market is not looking good.
BTC is breaking down below the Support 1 ($44.6k) which is not good. We still have roughly 2 hours left for the candle to close. Let's see if BTC can leave a long shadow behind and push back above the support level 1. If it fails to close above support 1 then BTC dropping towards support 2 is imminent.
Trade carefully.
BTCUSD - after formation 1-2-3-4-5 price should drop...Hello Traders,
After rise of the price now we expecting downfall. After formation 1-2-3-4-5 should occur drop of the price. Red vertical lines indicates momentum change direction, blue is the price change direction.
Breaking trend kines will confirm price drop.
Cheers,
Jim
#BTCUSDT 80K Incoming!!! Brace yourselves...Welcome to this short update on Bitcoin.
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Let's get to the chart!
BTC looks good here and here are the reasons why BTC is likely to break the previous ATH.
1. BTC held the $33k level which is the lower support bottom for BTC
2. BTC is currently holding the $21MA daily,
3. Increase in BTC holders in the long term has reached ATH recently.
4. BTC is holding the 50 DMA level.
5. USDT Dominance is showing signs of bearishness.
6. TOTAL MARKET CAP is bullish.
7. Fractals are showing signs of a possible rally.
8. To complete the pattern BTC needs to print a third top which will eventually make a triple top
pattern in higher time frame charts.
9. BTC needed a retest after the $42k breakout and it's happened followed by a strong bounce.
Based on these reasons there's a high possibility that BTC will reach a new ATH in the next few weeks.
TRIGGER POINT FOR THE RALLY:- Break and close above the 200D MA.
INVALIDATION:- Break and close below the 30k- 33k support.
*This is not financial advice., this is just what I see in the charts.
Let me know your thoughts do hit the like button if you like this idea and share your views in the comment section.
Thank you
#PEACE