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Btcusdlong

BTC USDT TODAY#BTC continues to move down filling the FVG, The general market structure on daily, weekly is still bearish, if don't break the sell wall @17300/17800$, BTC gonna dump more looking after new liquidity, the market maker is in ease, playing as habitual on the psychology weakness points. better stay away fresh entries for longs. Next Suppport is around 16300/16350$. Today I'm Going to long #BTC From the 16450/16500 to the range 17300/17500$ Do your own risk management. have a good day.
Long
by cryptospo
Adding on to BTC long @ 16,500 10x leverageSorry I went AWOL, I had the sickness that shall not be named for a while. Feeling better now. I am adding 1 BTC onto my BTC position. I have had this position open in a cross margined account for over a week now. This is going to be a long play for me, not worrying about the fees for now. Fundamentally, I've rarely seen BTC move in such a consolidated manner for so long. Not sure if it's just the holidays / end of the year or a mixture of that + the FTX fallout, but waters are far too calm and I'm on high alert. Technically, we just broke underneath our Keltner Channel and are looking to enter back into the channel, a sign of a reversal. We're currently in a descending channel and are far away from our Ichimoku Cloud of resistance on the 4-hour. I believe we'll retest this over the coming days. I also believe we'll retest the 200-day EMA and the major area of resistance I've marked with a red box. More updates soon.
BITSTAMP:BTCUSDLong
by WatsonsView
9
There is an analysis of the BTCUSD H1 chartIn our analysis, we found a number of data points. There has been a 64% drop in bitcoin prices over the year, and 75% since November 2021 when prices reached all-time highs of $69,000. It has been noted that the price has been forming a triangle with symmetry since last month during the consolidation period. Additionally, there have been multiple pullbacks and bounces that have tested Trigale's trendline over and over again. A triangle can be broken on any side, either downwards or upwards, according to the theory, and the price can appear anywhere. There is a target at 16714.82 & 16565.5 if the price breaks down this trendline. However, if the price moves above the upside trend line, a target area at 17062.44 is the target if the price breaks down the site trend line. With this analysis, you will be able to find your most profitable trade. EnclaveFX does not recommend that you buy or sell this assist. We do not take any responsibility for your profits & losses. EnclaveFX believes in enhancing the knowledge of our clients & followers.
COINBASE:BTCUSD
by Enclave_fx
BTCUSD Bitcoin : "Falling wedge" and what's next! 23.6Practicality, simplicity and logic. Lack of emotion in trading fused with the ability to see pure rational and logic is crucial. A classical reversal "falling wedge" is appearing on the chart with connecting lows and highs of the last close to 12 month of trading. The range of the wedge currently stands between 17,500 to 31,000. The more likely scenario is a resistance breakout and resume of upward trend, meaning current target and target to break is 31,000 for full on up-trend to be back and a new high within reach. This may take a lengthy period of time of weeks to months. The less likely scenario is a drop below 17,500 which could take Bitcoin back to 12,000 horizontal support stretching back to 2017. Bitcoin is capped to 21,000,000 coins and currently stands at 19,000,000. Once supply is capped , what is the endgame for Bitcoin? Today roughly 11% of the population holds crypto, once the percentage hits 50% , what do you think the price of Bitcoin would be considering no more coins can be mined? Recession, inflation and so forth give the Bitcoin potential to be huge. With descending trust in banking and conventional currency, which the last 2 years significantly exposed with trillions of USD printed, cheap endless credit globally and an overall aging monetary system. The short-term may prove to be low risk high reward territory. 17,500 immediate support, compared to 31,000 target - 20,000 at the moment of writing this. Trade with caution! -------------------------------------------------------------------------------------------------------------------------------- Thank you so much for reading! I hope this proved to be useful, if so - I would appreciate a like and follow :) Any comments and questions are welcomed, looking forward to answer them all. I am not a financial advisor and encourage you to do your own research before trading. --------------------------------------------------------------------------------------------------------------------------------
BITSTAMP:BTCUSDLong
by Exactus
2
BTC Tradeplan updateHi @Everyone, Update on previous trade plan : - Our low risk long setup played out wel and hit the take profit level. - As u can see we hit our short area zone, and we just got confirmed bearish divergence on the 1,2,3 hr TF ( atleast ) So far the scenario is following the steps where we waiting for, 1 Long setup should hit short area 2 Short area got hit 3 Bearish div confirmed. Right now its expected BTC should reverse atleast towards the first box on the chart, Regards, Team Quantistic
by Quantistic
4
Acending bottom formation scenario ''IF'' the BTC bottom is inHi @everyone, Like mentioned in previous published ideas we showed you to always be prepared for multiple scenario's In our previous trade plan we showed an possible 'SHORT' swing trade setup for BTC with targets below previous low. In this chart we show (incase of an invalidation on the short swing setup) how we could approuch the market ''IF'' BTC already bottemed out. And will see an Acending bottom formation showing up like in this example. This is aswell an possible trade plan based on a potential scenario where we still have 0 conformation on that it will play out, But.... ''IF'' this scenario could play out, we are well prepared for it. A scenario is a guide with rules for conformations, and invalidations. No mather wich scenario will play out ( becease there to are many of them ) aslong you are prepared on the most of them you are able to make better and saver decisions in your trading. Just Always have a plan and trade based on a position out of strenght, but also having a plan B,C,D etc.. just think like an piece of code --> if this...--> then that--> if this not--> then this.. Enjoy this possible scenario thread, Quantistic
by Quantistic
#BTCUSDT - Thoughts out loud plus technical side. #BTCUSDT #BTC #USDT. Good afternoon! The idea of the possible development of the situation on Bitcoin and the direction of the cryptocurrency market in general. For this period of time, the price continues to decline and there are no purchases by professional market participants on the chart. If the buyers do not keep the price in the range of 15555 - 17777, we can expect further price decline, prospective prices The chart shows possible scenarios:1.2. A.B.C. - Price levels from which we can see the resumption of acquisitions. Against the background of the technical picture, the news background begins to slowly fill the information that one of the largest mining companies in the United States, Core Scientific, has filed for bankruptcy after the fall in cryptocurrency prices and rising energy prices. Core Scientific mines reliable cryptocurrencies such as bitcoin. The process involves connecting data centers across the country equipped with highly specialized computers that process mathematical equations to verify transactions and simultaneously create new tokens. This process requires the use of expensive equipment, some technical know-how and a lot of electricity. Core's market capitalization fell to $78 million as of the end of trading on Tuesday, down from a valuation of $4.3 billion in July 2021. Over the past year, the stock has fallen by more than 98%. According to a source familiar with the situation in the company, the company is still generating positive cash flow, but this money is not enough to repay the financial debt for the equipment it leased. The person added that the company will not be liquidated but will continue to operate as usual, reaching an agreement with senior securities holders who hold the bulk of the company's debt. The company said in October that holders of its common stock could experience a "total loss of their investment" but that this may not happen if the industry recovers. The company also said it would not pay debts in late October and early November and said creditors could sue the company for non-payment. At Core, which primarily mints bitcoins, the token price has fallen from an all-time high of over $69,000 in November 2021 to around $16,800. This loss of value, coupled with increased competition among miners and rising energy prices, has resulted in shrinking profits. This is the first time in the history of the crypto industry that more than 25% of the total amount of bitcoins mined in 2022 falls on this company.
by WVitalievich
#BTC/USDT $20k target if this happens!In our last chart, we predicted the $18.4k target. The price followed every single point. For now, the support remains around $17350. The price is likely to move higher from here. Possibly $20k. The second scenario is if we lose the $17k level, we are looking at a $15k target for the Bears. (Less likely) For the $20k target, the condition being BTC holds the $17.3k level which is also the invalidation point of our chart. Let us know what you think. Please show your support with your likes if you find my updates helpful. Thank you #PEACE
Long
by Cryptorphic
22