BTC/USDTBTC is in a road to test prevues ATH 648455 ..now is on way to flip R/S 61859$ or fib.1.618 if support it then this road is valid
Btcusdidea
LONG TO MOON BTCbitcoin found a way to the moon and broke the triangle on its way. Have a nice trip.
BTCUSDT - Possible BULLISH scenario !!Have possible bullish scenarios, but if it fails to hold this channel then BTC may be in trouble :(
The End Game: How I think it'll look!Hey everyone JT here... Here we are atlas, battling the ATH's and validating the bulls rally cry that WE ARE NOT IN A BEAR MARKET...
So what next? Here is a chart I have assembled with two historical fractals to paint a picture of how I think the next few months will play out.
I believe there will be consolidation near ATH where we will see 20% swings up and down until it coils and eventually begins the inevitable blow-off top.
If you go back two posts I explain how high I think we will be going, when we will be going there, and my reasoning as to why I believe these targets and how I got to them. So go take a look at that post! This is sort of an update and everyday we gather more information allowing us to subtly adjust targets and expectations.
These fractals in conjunction not only bring us out to my price targets, but also to my hopeful time expectations, where I'll personally be taking profits and exiting this market.
As always this is not financial advice this is just my personal opinions and my thoughts of what BTC is doing.
If you agree or like the idea smash the like button! Thanks everyone, If you have any ideas or questions drop a comment below!!
EDIT* the top white line is currently the price of the highest weekly close** forgot to explain that I believe this is our main line in the sand that we will consolidate under. Major resistance.
Bitcoin ETF & Pathway to $100K!Hello,
This is how I predict Bitcoins price action will look like with the launch of the $BTC ETF.
Cheers!
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 is trading around $58.100 the support is 21ma and $56400 and resistances level are $59500, $63500.$64000.
I thing the price cam pump fore here .
if its breaks the 21ma or more then more the second support level then the chart will be invalid.
The chart will become invalid.
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.
BTCUSD Short updated, short all correctionsHi there
Last bull trap on BTCUSD happening!
After the fake breakout one more time, all bulls have the confidence again of the 100k targets + (some say 500k).
The sentiment on BTC is dumb bullish RN, again, all dips will be bought by the bulls which will give liquidity again for the market to crash, but this time, to lower levels (10-5k target)
Watch all corrections and short it, hold it long term and enjoy the profits
Good luck
BTCUSD - The Show is yet to Begin!As promised in our previous post, here is the long-term view of Bitcoin which is currently sustaining and trading above the $55,000 mark indicating buyers may be holding on to their positions and expecting higher prices in the short-term. If the uptrend is to resume and the Bulls push the price above $60,000 then a retest of the all-time high at around $64,800 seems imminent.
However, a larger AB=CD currently seems to be in play as well, which (if it plays out) will take the price to around $90,000 which might seem too good to be true right now, but is definitely on the cards if you know how to read them 😉
Bitcoin Approaching Key Levels in a Rising Channel!Bitcoin made another rally upwards from the bottom of a wedge that just invalidated the claims of ascending channel and confirmed that the price is moving inside a rising channel.
This channel is good as long as broken and the support area of this channel has been tested a couple of times.
One easy way to trade this channel is to open a short when the price reaches the top of the channel and open a long when the price touches the bottom of the channel.
On the other hand, Bitcoin is approaching a strong Resistance Zone of $57k which is also a 0.786 fib level from the April's high. It is strongly suggested to be very cautious at these levels because we are in a rising channel plus approaching a strong resistance zone, failing to hold will take us to the area marked as strong support zone and maybe below.
Also, Bitcoin has been bullish for so long and we've been moving without testing the supports, so it is okay to be prepared for one.
Good Read on Rising Channel:
patternswizard.com
Bitcoin Price: $56,700
Thank You & Good Luck.
Give a like and follow :-)
BTC Breakout Falling wedge?After the last update from my weekly chart analysis, yesterday i began to realize that it's the end of the correction.
So, here's a daily map for BTC.
We could see BTC had finished it's correction which i would like to assume as "Wave 4 Weekly" as analyzed before.
From daily perspective, BTC just break out from the falling wedge and i would like to assume the "First Wave" for daily.
Hope it goes well...
Disclaimer ON.
Bitcoin Double Topped Getting Ready to Test the Support?Bitcoin has been ranging for many hours now and in this recent move upwards we have a double top! Bitcoin seems like it is getting ready for a breakdown to retest the support, if it gets rejected we have some major support areas 0.618 and 0.786 to hold BTC on lower tfs and a good area to open long/buy Bitcoin for quick profits.
Bitcoin Price: $55,645
Thank You & Good Luck.
Give a like and follow :-)
Bitcoin- Correction over?As normal, after the strong run-up from 48 to 55k, Bitcoin corrected.
However, the correction was "light" and didn't even touched 43k support, reversed from above, indicating that bulls are very impatient and giving us a strong buy signal.
At this moment, BtcUsd is trading back above 55k and I believe we will have a new strong run to the upside.
The first target can be 59k, but, as I said, considering the buying power, more likely the ATH can be where Btc will end up soon
BTC ELLIOTT WAVES PATH6 minutes ago
BTC elliott waves path have shown on chart.it is on orange wave 2 and in correction.
Bitcoin,breaking flag formation after breaking huge resistance!Bitcoin had been struggling for the last few days to break the dynamic blue resistance and successfully broke it to get to the 55k zone. afterward, the price has formed a flag formation and now the formation is broken with good volume, I think today will be a good day for bitcoin and surely for altcoins. a long position with a 52800 stop loss would be reasonable.
Trade responsibly and be committed to your stop losses.
BTC/USDT 4HOUR UPDATE Welcom to this quick btc/usdt analysis.
I have tried my best to bring the best possible outcome in this chart .
Btc is 50600 dollars next support and resistance 55.800$ break above BTC 58800$ next resistance 64k
Let,s see how the 4 hour closes.
i thing the price cam pump fore here .
if the breaks below the price 46500$.
the chart will becouse inalid.
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...
BITCOIN Stops here? Will it hold or go DOWN? BTCJust food for thought. Those who believe BTC can still hit around 20k or so might not be all so wrong just yet.
Perhaps this triangle/pennant will reject it where it is now and then break down the bottom part towards 20k.
Afterward, it's upwards and onwards. What do you think?
BTCUSD!! Next STOPYesterday was great for BTCUSD bulls. Now moving a bit broader on the weekly charts. One possible move is to hit $51,870 levels and then create a DOUBLE TOP!!If the price holds above 52,000 and proceeds towards $53K, then the uptrend can continue!! For now, its a WAIT N WATCH!!
Next Long Are Short!! ?? my full idea about the BTC price action is i explained in the chart if btc breaks this levels we can open short are long position it analysis only Not a financial advice.
Note don't take any entry in financial market before Predetermine your Entry Point invalidation point & Exit.
Bearish Trend OR Bullish TrendI dont know what should i say about Market
But i know we had s.th like now in few years ago
For me,btc finished(check my profile)
But if bullish trend started few days ago and if trend line will be brake, I have to shut down my system and byebye from crypto
I cant believe we are in bullish trend
I Am BEARISH but if u want to make sure bullish trend started,check RSI in weekly and daily,check trend line in daily
but never forget PRICE ACTION
BTC: Make or Break Situation!!! 70k or 30k???As u can see in chart on weekly timeframe we have Descending triangle chart pattern. Most of the time Descending triangles are broken frm downside.
BTC is going to test Upper resistance trendline in upcoming hours, we have watch closely what happens when price interacts with trendline. if btc was unable to close above trendline then there is strong possibility price will test lower support trendline which is at 30k area.
BTCUSD!! Here is the Trend breakoutHello All,
Trend breakout in the 1H timeframe at $47,927.If this zone break hold and moves upward, then the Pennant Bull flag is still holding good for an upward direction towards the $53,000 target. Holding on tight!!
