Btcusdidea
BTC/USD GOLDEN CROSS Daily Time Frame BTC/USD Daily Time Frame Golden Cross.
Red 50 EMA
Yellow 200 EMA
The 50 crossing over the 200 to the upside is considered the Golden Cross where we will see a long term bullish run. The opposite is called a death cross when 50 crosses over 200. This could be done for both EMA and MA. I am looking at the Daily time frame because any crosses on the higher time frames usually means for a longer run meaning weeks on end to months. The Golden cross has happened around Aug - 14 - 2021 and prices remain stable above 50 EMA. This is a good bet as long as price doesn't continue lower 50 EMA. In 2018-2019, we had the golden cross and prices suddenly dropped below both 50 and 200 causing a one year bear market throughout 2019.
I would keep my eye on this and accumulate very slowly at every dips as an opportunity. I don't mind buying on the run up because we will see volatility through the runup.
BTCUSD 2 Entries Running In Huge Profits And Updated !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
BTCUSD Closed Above Our Res And New Update In This VideoThis 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
BITCOIN IS POSITIVE ?!I like when Bitcoin fluctuates in certain areas for a long time, and the longer the period, the higher the rise. Currently, we see Bitcoin swinging in the forties. My expectations are that Bitcoin is still positive and we will see a strong rise in the coming days or weeks.
This analysis is in the short term. If you want a long-term analysis, follow my page and see my previous analysis.
This is not investment advice Do your own research.
BINANCE:BTCUSDT
BTCUSD Full Analysis, New Long Setup After 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
BTCUSD The beginning of new growthBTCUSD The beginning of new growth
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BTCUSDT - $58k Is the next targetBINANCE:BTCUSDT
We are above EMA 200 So no need to worry for now.
This is just a normal correction.
If you see the 3 purple lines on my chart, you can see 2/3 of them have been hit already the third one is $58k+....so for now fingers crossed.
3 Strong Bullish signs:
1 - Price is traded above EMA 200
2 - Bullish Engulfing pattern formed last month, since then price has moved up from $30k to $53k
3 - Hidden bullish divergence detected on the TA indicators
BTCUSD still short ( Updated idea)Hi there
BTCUSD went a little bit higher than previous 52k target mentioned, to hunt liquidity from sellers and grab from buyers, as some bought the top thinking it was a breakout.
This fast drop, was to make sure a lot of buyers got stuck in prices arround 48-49-50-52k, so this price BTCUSD wont visit it back as they would breakeven their positions, so this will be a massive resistance which price wont break.
Now look for corrections only at smaller timeframes , and follow the drop-
Target still 20k, maybe lower.
Good luck
BTCUSD wave 4 complete - Starting EW5Hi all,
It has been a while since I have posted an idea here but that is with good reason as i did not make any sense to post anything until the EW 4 correction is complete. Also, I tend to analyse the macros trends, therefore once we have confirmations of moves being complete, it would make sense to update ideas and post new ones. With all that said, here is my idea with how I am seeing this market in the next 3 to 6 months. The four year cycle we are currently in, it's about to end in 3-4 months from now. My feeling is that this will happen around mid or end of November, possibly sooner. Each cycle though, extends a bit longer time wise but also gets less volatile too. Therefore, I have notices that each cycle the returns and the moves of the last EW are about 50% less than what they were from the previous cycle. With this in mind, Here is the chart in all it's glory and the targets I have for the last EW 5 this cycle.
As always, good luck and make sure to lock in profits.
Bitcoin. Setting up for another Pump ? If it is useful Please LIKE and FOLLOW. Just a personal opinion.
Hello traders,
Lets break this out:
1. Ascending Bullish Triangle. Suggesting that in every dump there are less and less sellers, supply is getting scarce. People are buying the dips at a higher price. Sellers are selling at a fixed price at the top. 50k is simply a very marked psychological number.
2. Spotted the possibility of a bearish butterfly harmonic pattern. This to get some possible short term targets which lie between 51k and 53k. Harmonics are simply structures based on fibonacci levels to try to determine possible areas of reversal. In this case these were simply drawn to try and get some targets at the 1.27 and 1.618 extensions which is common for this structure.
3. We got our third and most optimistic target by projecting a measured move up from the ascending triangle pattern, by projecting the distance from the lowest point to the highest point of the ascending triangle which gives a possible target of 57k.
4. If and only if this goes to this area of prices we could expect a MACD divergence and could trigger a larger pullback.
As long as BTC trades below its record high we are still in a super gray area.
What worries me a bit is that gap on the Chicago Mercantile Exchange (BTC!) at 20k, it is still possible we get there.
For now it seems that the bulls want to take it up a bit more. Who knows perhaps they will take it to 100k or 1M. but it is impossible to predict.
It is much better to go day by day and see what the market tells us.
Patterns are just patterns, perhaps they only exist in our brains and that's it, but at least it is a structured way of analyzing the prices and serves us to make good trading plans and get possible scenarios.
Well my dear friends. wish you the BEST of the BEST. Don't get too hyped or too depressed. Step by step is the best way.
Cheers and happy trading!
BTCUSD: Saturday Fun!!!I have presented a gorgeous idea here on BTCUSD utilising money distribution concepts.
Once we have crossed the minor resistance and purged liquidity, I expect minor retracements to the downside.
I only want to fade a small amount on this move as the general trend is bullish for now.
What do you guys think?