BTC 4 HOUR CHART SHORT Here is My Opinion on a short scenario for BTC On the 4-Hour CHart.
BTC Is having a really tough time breaking the 23000 $ LVL ANd COULD Potentially Go Back down to restest some lower LVLS
These might be the 22360 , 21500 , EVEN the 20200 - 19102$ LVLS .
Good Luck out there folks :)
LOVE LOVE
Btcusdlong
BTC to go to $25159 but how?Hey traders
Pretty impressive rally from the low teens to this level but where to now?
We imagine 3 possible scenarios and in order to work together on this we highly encourage you to comment your opinion or additions you might have.
Scenario one : White line - 5 wave move with the 4th move being at the last high - short term bearish
Scenario two : Orange line - 5 wave move with the 4th move being at the .66 fib - short term bearish
Scenario three: Wick down to take out stops and trigger some local liquidations then continue up without forming a 4th wave .
Which one do you think is the most probable?
BTCUSDT warning!In February 2020, Bitcoin experienced a falling wedge pattern and subsequently experienced a 60% increase from it's low. However, it encountered resistance at the $10,000 level and subsequently experienced a 61% decrease. Currently, a similar pattern is emerging, with Bitcoin experiencing a 60% increase from its current low. If it again encounters resistance at the $25,000 level, it is possible that it may repeat the same pattern as in February 2020. Therefore, it is important for Bitcoin to breach the $25,000 level to invalidate this fractal. What is your opinion on this matter?
BTCUSD More Bearish Than Previously Thought? This is an inverted chart for BTCUSD
A falling wedge can be drawn between tops and strong trend line, which suggests price is breaking out to the downside (upside on this inverted chart)
A shift in sentiment between BTC and altcoins may be in play. With altcoins rising in interest while BTC slows down a lot.
BTC/USDT :: Will the price be returned ?BTC/USDT :::
Will the price return to the support lines and rise again ?
Or without returning to the support lines, it continues its path towards the resistances !!!https://www.tradingview.com/chart/BTCUSDT/VSzFWqjy-BTC-USDT-We-are-not-going-to-trade-all-the-time
<<<< Analyze simply with The_Best_Trader_1991 >>>>
It has begunThe BTC reversal has begun. This is the beginning of one of the greatest bull runs in recent history. All the macro factors indicate that traditional markets will fall - unbeknownst to many, BTC and crypto will actually decouple and remain a hedge against the entire economic collapse, becoming the new asset class that everyone will run to.
Enjoy the gains, the fun has just begun...
BTCUSDT Potential Long setupMONTHLY- 8 Days left, before the close of the candle which most likely become a strong engulfing candlestick pattern
- There's also a retest on previous high in monthly structure
WEEKLY- Weekly became uptrend after breaking the 21460 high
DAILY/4H -also currently
What I'm waiting for right now is
1. the retracement on 21460 or 21500 high of the week and 4H market structural zone. Fibonacci retracement 61.8% is also lining up with the zones.
2. When the price reached to the 21500 zone, wait for at least 30M Engulfing or Strong rejections before opening a buy position
Take Profit Targets ; 22750 and 24500