Bitcoin- price should stay above 63-63.5k zoneAfter the 10% sell-off from 2 days ago, Bitcoin consolidated yesterday and was trading in a tight range putting in a small Doji candle on our chart.
At this moment is imperative for bulls to keep the price above 63-63.500 zone and, as I said yesterday, price back above 66 will lead to a new leg up to 70k and above.
On the other hand, a daily close under 63k would signal a new leg of correction to the downside, but more importantly, can mean that 69 is an important top in medium-term
Btcusdidea
Bitcoin- Bulls need price back above 66kBitcoin has reached a new ATH, close to my 70k target but couldn't sustain gains and dropped fast around 10%
The price found support in 63k old resistance zone and now is on a pullback.
66k is resistance and bulls really need to reconquer this zone
On the other hand, a drop under 63k would expose 60k support, but most importantly will be an alarm signal that an important top is in place at 69k
A HUGE CORRECTION IN BTC ?There might be a huge correction in BTC
- 1/4 Hours Analysis based on Supply Demand & Wyckoff, Price Imbalance, Structure
- 1 Hour Distribution Wyckoff Formed
- UTAD had played out
- Wait for LPSY to form ( retest and confrmation)
- Short at LPSY (scale down to 1-5 mins timeframes for better risk rewards entry)
- Take Profit at 1/4 Hours Demand (could partial or conservatively, take all, there are many imbalance and supply demand have not mitigate, signs show price moving too quick)
- Whale might want to dip in lower price
-BTC consilidate in a long period and pump up quickly lately, sign shows Whale manipulation is high, and they might want to push price lower and dip in future
BTCUSDT , Only 19 hours to reach our 1st target Be with us and reign
Hello everyone
According to last analysis we published yesterday , the price is exactly supportet in buy zone area and reach to 1st target , we should wait for another target that shown on chart
GUYS PLEASE DONT BE IN POSITION EMOIONALY , WE NEED TO ANALYSIS , THE MARKET SHOULD CLOSE THE CANDLE ABOVE THE LAST ATH
If you have not buy or take long position in Bitcoin futures , send me a messages that our team told you what should you do
Previous analysis :
Good Luck
Abtin
$BTC bull run end?Hi there,
i want to know your opinions on this bull run of all crypto assets and BTC.
These are my price targets based on chart patterns and Fibonacci.
I also pasted a bar pattern that might repeat and would be the best possible outcome (but there would be an insane amount of blood after End Game)...
buuut, there is also a possibility that we stay in the channel and have steady growth until somewhere 2022, where the breakout would happen and we could expect much higher price targets :)
Have a good run
Bitcoin: Retracement time...?Price has breached the previous high, tapping the liquidity there, and looking to be transitioning from bullish to bearish momentum.
After forming a reversal pattern, price had a BOS to the downside. After this, a return to the impulsing order block is expected, which it completed, forming a LH. Now, a continuation of the bearish momentum is likely to follow, forming a LL.
There is the added confluence of sell side liquidity to tap, along the way down. Price is hunting this internal liquidity for a more significant move to come!
The Bull Run.
Bitcoin: Update,correction, and trade idea!I misjudged the the Inverse H&S, the most recent evidence of price transitioning from bearish to bullish momentum. I am adjusting my analysis based on this update.
I do believe there is an opportunity about to present itself for a long position, for those not in the buy currently. It requires patience, but if we let price come to our POI without jumping the gun, we'll be in a good buy before the bullish run up.
BTC/USDT 4HOUR UPDATEWelcome to this quick BTC /USDT analysis.
I have tried my best to bring the best possible outcome in this chart..
BTC /USDT analysis BTC $62200 positive signal and BTC 4 hour update is supporting zone is green line and very inportant supporti is $61600,and resistance $643000 break after new ATH .
Sorry for my English it is not my native languages.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
BTC/USDT 4HOUR UPDATEWelcome to this quick BTC /USDT analysis.
I have tried my best to bring the best possible outcome in this chart..
BTC /USDT analysis BTC $63200 positive signal and BTC 4 hour update is supporting zone is green line and very inportant supporti is $62000,and resistance $643000 break after new ATH .
Sorry for my English it is not my native languages.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
BTC looking bullishIf Bitcoin (BTC) breaks $64,000 again, we could see it rallying all the way to $68,000, potentially creating a new All-Time-High. BTC is testing the resistance right now and moving between a band of $58,000 and $63,000. Overall, sentiments looks pretty bullish for crypto in general. But as usual, diversify your investments into stocks and crypto to hedge your bets. Just 1 month ago, BTC reached $40,000 and it can happen anytime (with any major bearish news) since the crypto market is not fully mature yet (market still pretty volatile).
BTC/USD LONG SETUP(INVERSE H&S PATTERN)Bitcoin (BTC/USD) remained on the defensive early in the Asian session as the pair continues to establish a series of lower highs following its recent fresh all-time high around the 66950 level, and has recently traded back below the psychologically-important 60000 figure. Despite securing October monthly gains exceeding 40% and lifting its year-to-date gains above 110%, BTC/USD has encountered technical resistance around the 62293.42 and 61406.81 levels, representing the 76.4% and 61.8% retracements of the recent depreciating range from 63726.58 to 57653.88. If BTC/USD finds another bid, additional upside retracement levels include the 63599, 64898, and 65094 areas.
BTC/USD recently tested the 58265 level multiple times, representing a downside price objective related to selling pressure that recently intensified around the 63750 level. Following the pair’s recent gains, downside retracement levels and areas of potential technical support include the 56593, 57627, and 56293 levels. Traders are observing that the 50-bar MA (4-hourly) is bearishly indicating below the 100-bar MA (4-hourly) and above the 200-bar MA (4-hourly). Also, the 50-bar MA (hourly) is bullishly indicating above the 100-bar MA (hourly) and above the 200-bar MA (hourly).
Price activity is nearest the 50-bar MA (4-hourly) at 61165.03 and the 100-bar MA (Hourly) at 61177.97.
Technical Support is expected around 53997.15/ 51245.86/ 49022.22 with Stops expected below.
Technical Resistance is expected around 67146.16/ 68515.32/ 69449.40 with Stops expected above.
On 4-Hourly chart, SlowK is Bullishly above SlowD while MACD is Bearishly below MACDAverage.
On 60-minute chart, SlowK is Bearishly below SlowD while MACD is Bearishly below MACDAverage.
Bitcoin- Acceleration after the breakAfter the last spike down under 60k, Bitcoin has recovered quickly and is trading in a tight range since yesterday.
I expect a break of resistance and acceleration afterwords
As I said yesterday, my target is above 70k, and only BtcUsd under 60k would delay this scenario (not change the overall bullish structure)
Bitcoin- Great buying power in 60k zoneAs I said, my target for Btc is above 70k and if we look closely at the price action these last 3 days we can see that dips are clearly bought.
Today we also have a reversal from slightly under 60k and this comes as more confirmation to my bullish outlook.
A break above 62500 should accelerate gains
BTC/USDT 4HOUR UPDATE Welcome to this quick BTC /USDT analysis.
I have tried my best to bring the best possible outcome in this chart..
BTC /USDT analysis BTC 1day closing and $61300 positive signal and BTC 4 hour update is supporting zone is green line and very inportant supporti is $59000 and resistance $63000 break after new ATH ...
Sorry for my English it is not my native languages.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
BTCUSD SHORT MOVES SELLERS MOVES AFTER BUYERS ARE EXSHAUSTED IN THE MARKET
I believe we all had a wonderful weekend, and as the weekend is almost gone, here are some of my analysis for the bitcoin possible moves for the new month on November
With the help to determining the market speed and trends of the current and next market moves, We use approximately just 4 trend lines to know that,
(1) First of all before the big DIP of bitcoin, we have 3 level - low of 58366.63 were price may drop to as the support before heading up to retest the highest resistance, and also the inner level of liquidity 63613.64 There we will have to wait and see if price and break through and close then retest before continuation DOWN MOVES
(2) Trend movement - Here we have seen that the market is in an up trend but buyers are getting fully exhausted when they get to the next resistance point of price 67619.86, then we may see a big DIP to the down side, we have determined our next speed of price with just 4 trend lines shown in the analysis.
(3) So we have long position and also short position, use good RISK:REWARD management
This are just my own idea of how to execute my trades for the week, not a financial advice on how to go about it!
BTC ANALYSIS FOR POSSBILE BUY POSITIONSGood day fans
I believe we all had a wonderful weekend, and as the weekend is almost gone, here are some of my analysis for the bitcoin possible moves for the new month on November
With the help to determining the market speed and trends of the current and next market moves, We use approximately just 4 trend lines to know that.
(1) First of all before the big DIP of bitcoin, we have 3 level - low of 58366.63 were price may drop to as the support before heading up to retest the highest resistance, and also the inner level of liquidity 63613.64 There we will have to wait and see if price and break through and close then retest before continuation upwards.
(2) Trend movement - Here we have seen that the market is in an up trend but buyers are getting fully exhausted when they get to the next resistance point of price 67619.86, then we may see a big DIP to the down side, we have determined our next speed of price with just 4 trend lines shown in the analysis.
(3) So we have long position and also short position, use good RISK:REWARD management
This are just my own idea of how to execute my trades for the week, not a financial advice on how to go about it!