Btcusdlong
Bitcoin - Death and GloryHello,
this is an Update to my last two Bitcoin ideas.
1.
2.
So far Bitcoin followed the way as shown in these ideas and i am currently looking for Short opportunities for the next leg down.
Short explanation as mentioned in the last two ideas.
Bitcoin price moves similiar to the 2017/2018 swing:
- Orange circle: Generate a top
- Downbreak to the 50% Fib (Blue circle)
- Red circle: Take out resistance that was generated by around that top / stopped the uptrend
- Downfall to the 23% Fib (orange rectangle) and genrate a Swing (but no break in MS)
- Retesting orange rectangle a few times and downfall
- Downbreak to the 50% Fib
So whats next: To consider a short i would want the weekly close below the orange level aiming for the Green rectangle.
I will buy Bitcoin at the Support level (green rectangle) or on a reclaim and S/R flip of 23k level.
If Bitcoin breaks down to the green rectangle we should see a long low-volume period followed by a retest of 50% - 61% FIb level. Retest again of the green rectangle and start of the next bull cycle. Time wise it could start around Bitcoin havling 2024.
So to recap my plans:
1. I only buy / long on the green rectangle or on a reclaim of 23k
2. Looking for shorts if we see a weekly close/open below the orange rectangle.
Good luck
Disclaimer:
- This information does not constitute as financial advice and is only for educational purposes. I am not your financial advisor.
- You trade entirely at your own risk
- Make your own research
- Finance and trading is evil, capitalism is bad, duh ;)
BTC USD price prediction on 2023 - 2024Hello everyone!
BTC/USD - accurately
predicting strong uptrend
tendency on 2023 - 2024 yy
Min price target - 30 000$
Middle price target 40 000$
Max price target 45 000$
Attention!!!
Do not in any way take this analysis for practical use in trading or investment purposes.
This is only a subjective assessment of the future for this financial instrument!
Trading is always a Risk!
Kind regards, Team Traders "PowerfulTraders"
Btc updateBtc in down trend , but iam aware of that could be also a bullish descending pattern .
Let me explain , when we have same of this channel i think buy is better than selling .
Ill buy at 14500 to much btc .
I think we are in the bottom now , i dont think we will go more lower than 14,500
GOOD LUCK
#BTC/USDT Bearish Retest in Play. Possible Bottom $13,800.Bitcoin's crucial range here is $17.7k to $18.3k.
Short-term relief across the market IS SEEN but I see no reason to long here, in fact, it's a bearish retest.
The short-term trend is to the downside.
What should be the course of action:-
IMHO, Wait, for now, Unless the dust settles it's not over yet.
If you missed this bounce do not FOMO.
I bought a good chunk around $16k and will buy with more cash around lower levels.
$11,600-12,877
$13,800-15,400
Close above $18478 invalidation!
Technically this is a Bearish Retest.
DYOR, This is not financial advice.
I will post the Long Term Analysis after this weekly close on how we can trade the upcoming PA and this FTX show. Also, what would be the possible target for the next Halving?
Follow me if you haven't yet.
#Crypto
PLAN BTC WHEN REACT ABOVE TO 32.800 $I Have Opinion BTC pullback retrace from start 20.800 to 32.800 $ you can SL if BTC below 19.400 $
fibo 1.272 area 22.800-22.900 $
and down to fibo 0.618 20.800-21.300 you can buy again to break move fibo 1.618. 24.100 $
main taget 32.800 $ hold until target
DYOR ..if you have other opinion pls coment , thanks..
BTCUSD: Top-Down AnalysisHey trader,
Bitcoin has been behaving dramatically lately. It dropped from around $21,500 to $15,588.20 this week. Can't imagine how other investors are feeling right now...
For active traders, it's a different story. Because we can exploit long-term and short-term biases, like how we can now. As you can see on the chart above the price is slowly forming a bullish reversal pattern that will lead to a 3-level uptrend, after its price has bullishly broken and retested the 3rd Weekly Key Lvl together with the 50 and 8 MAs. However, it may reject that bias by bearish breaking and closing below the 4H Half a Bat Neckline.
This trade idea isn't derived from only this timeframe but from the 4-hour and daily timeframes. Let us move upwards to the 4-hour timeframe:
As you can see the price recently closed with a bullish reversal candle pattern in the half a bat patterns accumulation phase and in between the short-term MA's. This pattern expects an uptrend to its L1 and 50 MA as the first targets, which will be anticipated after the price has bearishly retested the 8 MA with a bullish candle formation. But if the price decides to bearish break and closes below the 8 MA and 4H Half a Bat Neckline, our bias will be rejected.
Now we move up to the daily, which is the main timeframe that led to this trade idea:
The price closed with a bullish reversal candle pattern in the half a bats accumulation phase, after bearish breaking without retesting the pattern's neckline, together with the 50 and short-term MA's. So having the price closed as it did, gives us a probability of the uptrend we're looking to hop on. But this will be rejected by a bearish reversal candle close below the 3rd Weekly Key Lvl.
With that said, take your trade at your own risk. This is not financial advice. I'm just sharing my point of view with you guys (which you can also do).
That's it for today. If you have a different concept in mind, feel free to share it in the comments section below, I'd love to know your thoughts!
Trade Safe & Stay Blessed,
Sphatrades.
BTCUSDT - Next Move ( Weekly )Hi All
Bitcoin is in a range zone Exactly at 0.786 Fibonacci. It is a very important place and it cannot be broken easily. From here, we will go up to $25000 to hardly $30000 ( look at the huge volume ) and then the price will drop to the bottom of the channel ( it takes time), which is $10700.
remember that $30.000 is a powerfull supply zone for btc.
short term : price going up
long term : price going down
if you have a question comment it
This is not a signal . be carefull
GOD BLESS
BTCUSDT/BTC KING COIN ✔👌👍🎁The analysis that we did for Bitcoin from 2011 to 2022. In this analysis, we see a very old trillion that the price of Bitcoin is close to the average interline. Should we now say that Binance exchange caused the price to reach this area? Let's conclude that no, this is not due to the Binance exchange, but the price has to come there, and the Binance exchange is the cause of it. If today our candle closes positively, we will have a 100% upward trend, and the price of Bitcoin for The area of 21,271 thousand dollars and even 24,568 thousand dollars will be bullish. In the chart we are seeing, we can see the price of Bitcoin in 2023 and 2024 up to the price of 500 thousand dollars. Coin must be corrected from the price of 56,607 thousand dollars, and after the correction, the upward trend will start for 76,882 thousand dollars, and then good luck for 195,552 thousand dollars and 509,139 thousand dollars.
I love you, Manouchehr Azar, born in Iran
BTC 2023 / 2024 KING The analysis that we did for Bitcoin from 2011 to 2022. In this analysis, we see a very old trillion that the price of Bitcoin is close to the average interline. Should we now say that Binance exchange caused the price to reach this area? Let's conclude that no, this is not due to the Binance exchange, but the price has to come there, and the Binance exchange is the cause of it. If today our candle closes positively, we will have a 100% upward trend, and the price of Bitcoin for The area of 21,271 thousand dollars and even 24,568 thousand dollars will be bullish. In the chart we are seeing, we can see the price of Bitcoin in 2023 and 2024 up to the price of 500 thousand dollars. Coin must be corrected from the price of 56,607 thousand dollars, and after the correction, the upward trend will start for 76,882 thousand dollars, and then good luck for 195,552 thousand dollars and 509,139 thousand dollars.
I love you, Manouchehr Azar, born in Iran
BITCOIN BACK TO $15K!!! THIS IS IT!!!BTC has officially entered the $15k zone after 2 years. History has been made where BTC has once again entered the $15k range.
What's next??? Next! Is the support at $15.7k? This support is long-awaited and BTC must hold this level. If BTC breaks down to this level then $11k to $12k is the next stopping point. I am thrilled as well as afraid of what I am witnessing right now. I am accumulating more and if we see more dips, I will buy more.
What are you doing about this dip?
Trade safely, guys.
Btcusd ready to touch the floorHi everyone in the TradingView community. I am Rana Sarmad I like to share and talk about trading strategies. If you are a member of my subscribers list and like my ideas, please don't hesitate to let me know by hitting that Like button and growing my notification count!
We are going to discuss about BITSTAMP:BTCUSD
We can see formation of falling battern
So we are expecting a strong fall near support.
This is my opinion, I really hope this will be useful for you.
This is not a financial advice. Always take trade at your own risk,
Be ready and take care your money. Have a great profit !
Risk Warning:
Trading Forex and Leveraged Financial Instruments involves significant risk and can result in the loss of your invested capital. You should not invest more than you can afford to lose and should ensure that you fully understand the risks involved. Trading leveraged products may not be suitable for all investors. Trading non-leveraged products such as stocks also involves risk as the value of a stock can fall as well as rise, which could mean getting back less than you originally put in. Past performance is no guarantee of future results. Before trading, please take into consideration your level of experience, investment objectives and seek independent financial advice if necessary. It is the responsibility of the Client to ascertain whether he/she is permitted to use the services of the EMOTT brand based on the legal requirements in his/her country of residence........
BTCUSDT - June Minimum Update.The first cryptocurrency after breaking through the trend was unable to break through and consolidate above the middle of the trading range, at the same time since June we can see the growing volumes on the haircuts. Against the backdrop of extreme events in the cryptocurrency world, Bitcoin sank by 10% from the local high. At the moment, the price stabbed the June low, and continues to trade on it. We can expect further price shedding into 15500-13000 range unless strong support appears.
If you like the idea, please like it. That's the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and make yourself and your loved ones happy.