Excellent long-term buying opportunity BTC/USD.INDEX:BTCUSD very likely that the recession is having an effect on bitcoin, but when the interest rates come down, bitcoin will probably move up.
Btcusdlong
$BTC #BTC #BITCOIN #ELLIOTTWAVE Update.We may have one more leg up.
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
BTC in the final leg down?In this chart we zoomed in based on the previous one.
For further information see our macro view in the previous post.
Team Quantistic
BTCStopped at the upper boundary, now there is a big chance to go down to 18k, possibly with the subsequent removal down.
It is possible to take a long with a small stop.
BTC Long Big lq been swept from my last idea - PPI correlated with s&p dropped bigger than expected
Good rejection bellow, inside fvg/hva/daily OB
Don't see any reason to come back down for more stop hunts, price has been rebalanced already
Althought now it might be a slow uptrend
Bitcoin Bounced As Predicted! What's Next?From our previous idea, we can see that Bitcoin played out perfectly :)
BTC bounced off of our upwards channel and continued to the 200 EMA (as we previously predicted). Now I'm watching to see if it can break above that 200 EMA (17,300 level). If not, then I'm looking to retest the bottom of the channel again (16,800).
If Bitcoin does break the 200 EMA then I'm looking for it to touch the 17, 640 level (major resistance).
If you enjoyed my TA, please leave a comment or send me a PM :)
BTC ANALYSIS#BTC UPDATE.
#BTC has bounced back from the lower band which is support for BTC on 4H TF and currently btc is trading on the daily resistance .On closing above the daily resistance the long might open but we will have to wait for the daily close.
BTC 1H GOOD Pump RDY ?Yes, we were waiting for this pump. The Bitcoin pump will take the price of Bitcoin to 18166 thousand dollars, dear friends, so please pay attention to this point. If you want to go long, now is the best opportunity and do your shorts in the designated target. Good luck, my friend. You are Manouchehr Azar from Iran
Today's tip in local time will be the meeting about the US inflation rate and unemployment, the result will be in favor of the financial markets and will pump Bitcoin.
$BTC #BTC #Bitcoin #Elliottwave Bullish Update.This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
My plan for the next 10 days on BTCI dont really feel for making a long description..
Personally i find it likely we hit these blue marked price targets in the time period of 10 days.
NFA, DYOR - we shall see.
Im swing trading it (short)
BTCUSD breaking out RIGHT NOWBTCUSD seems to be continuing its short-term bullish momentum.
What we can see on 1h time-frame is a breakout of the bull flag formation with a target somewhere between $18000 -$18350 which would be a great area to flip short as well.
As the breakout is just happening now, you still have time to take a long position.
Stop loss: below or at 16850$
Target for longs: between $18000 -$18350
BTC ANALYSISBTC has not been able to close above the green box resistance which is the daily resistance and now it looks like that btc might test the yellow box support area as we have already seen so many rejections from the resistance.In case btc break below the rising wedge yellow box area would be the 1st support where btc might hold .Keep eyes as the btc move will be sharp and there could be flash crash as well.
BTC Bounced Perfectly Off Our Support!Looking at BTC on the 4hr chart, we can see it continues to be in our upwards channel, bouncing PERFECTLY off of the bottom of the channel/horizontal support at $16,750.
Right now I'm expecting it to continue upwards and retest the previous resistance of $17,167 (red line) which also coincides with the 200 EMA a little higher at $17,300. If it breaks both of those levels, we're going to $17,640.
If Bitcoin can't break the $17,167 level, then I'm expecting it to come back down to $16,736 and if that breaks then unfortunately we're going to $15,900 (next major support).
I'm also watching the Wave Fusion indicator for any major signals that coincide with said support/resistance levels.
If you enjoyed my TA or have any questions about it or the indicators used, please leave a comment below or send me a PM :)
Check out my profile for other indicators and trading alpha! Thanks for reading!
BTC ANALYSISBTC is currently trading in a rising wedge on 4H TF and is looking for a break down.If btc could not hold the lower band then we might see pullback to the next support level which is the yellow and the blue support level.However upside move is possible if btc bounces back from the yellow support level.
BItcoin Possibility Bitcoin has been holding above the liquidity zone and also has been following the trend line. It can retest the trend line and then move our if we hear anything terrible from the fed we might retest the 16500 zones. else we already see the gap filled so we might see a move to 16800 and then a move to 18k and then a dip back. Liquidity hunting and Stop loss hunting are now a daily part of manipulation game.
BTCThis is my primary count heading into 2023. Seems like unless we straight nuke to $9,200 then I'd expect this move to play out.
Much more painful on both sides. Finish around the 618% of the covid 2020 crash $11,500 but never reach $10K as many are waiting.
Then B wave up to $34k getting everyone tweeting WGMI and then B wave gets finished and Rug back to finally hit $10K making everyone think Crypto is dead again.
Finally completing this correction & the HTF Wave C and this bear Market.
After that 2024 1/2ing and run it back turbo $200K.
#BTC Might aim 17650 and 17880 #ElliottWaveafter touching the trend line btc might go up again as we finishing wave X and might be heading towards wave Y.
Bitcoin is up? Lets see.Bitcoin fall down this morning to 16680 and started going up after clearing liquidity and now the price is heading to the next supply zones.
We can see some imbalance in both sides, but the downside got filled somehow. and no there is some imbalance left above.
Like it if you agree!
BTC USDT TODAYEven the price is still struggling in resistance zone, for a healthier short term bull, it needs to test again the range 16550/16800$.
Apply your own risk management.
my 1st entry 40% in the middle of the green box.
my 2nd entry 60% in the last support area.
hunt the profits at any level you see convenient for you.
Green Zone for entry,
Yellow levels are targets.
have a good day guys.
BTC ANALYSIS
#BTC UPDATE.
#BTC has been rejected again from the red box area which is the resistance on daily,until btc closes above this resistance we might see a pullback as this is the 7th rejection from the same leve
BTCUSD Falling Wedge ElaborationEach touch along the bottom line of the falling wedge has led to bullish results (green circles, vertical lines)
This is shown with the bars pattern tool
Falling Wedges are classified as bullish patterns due to their ability to break out bullishly once reaching a critical point, I have also shown this with a bars pattern in green
This is good for Bitcoin and an elaboration on my previous BTC falling wedge post
Below
$BTC #BTC #Bitcoin #Elliottwave Update Bullish.This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
$BTC #BTC #Bitcoin #Elliottwave Buy Setup.This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
