Trading In Support and Resistance BTCUSDthe trade plan is described in the chart. you can either play in a range of S1 and R1 OR you can place sell Stop or Buy stop if it breaksout.
Btcusdshort
BTC consolidation confirmed !every detail is on the chart. the only viable behavior is the one depicted on the chart. any other pump or dump is out of prediction.
note that in many altcoins, we are in a Fibonacci support area, so be careful with short positions before breaking those spots. however totally the market is bearish and you should give more credit to your short positions.
the first spot for great support is 19K to 20K. use less short positions as you get closer to this area.
please feel free to leave comments and questions below.
temporal trading range for BTCUSD 30MAs we can see BTCUSD has completed second leg of pattern and after that the expected channel.
now for a short time we can expect a temporal trading rang in the area that have marked with arrow path.
it would be better to wait and see at where it will break and then decide the type of position.
but for now we can go with the flew in TR.
BTCUSDbtc has break the weekly support and retested got clear rejection on 20760 as i high lighted with horigental, please check clearly and trade with your own risk.
$ BTCUSD | New Low Coming UpThe targets on this chart are produced by a proprietary model. Data is fed into the model, the output is the targets you see on the chart. The resistance zone is also defined by the model. A break of the resistance zone nullifies this set up.
Refer to the related idea to look at the larger cycle in play.
Analysis BTCUSD : 📅 2/26/2023Analysis BTCUSD :
Two scenarios ahead of Bitcoin price:
1: price movement towards the target of 21000 and weakness and return to the weekly high.
2: Breaking the 21000 range and the price falling to the 18000 range.
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👤 Alireza hajighasem : @alirezahajighasem
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📅 2/26/2023
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See also the weekly time analysis:
Analysis BTCUSD : 📅 1/21/2023Analysis BTCUSD :
According to the formation of the side trend, we can expect the price to fall to the specified targets
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Until the price penetrates above 32000, we cannot expect proper growth.
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👤 Alireza hajighasem : @alirezahajighasem
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📅 1/21/2023
BTCUSD Potential downside swing-Price broke the support and became a downtrend
- Wait for a retracement back to 21460 area and ---wait for some sort of entry pattern or strong rejection.
TAKE PROFIT 1 - 20000
TAKE PROFIT 2 - 18781
Bitcoin -> Bullrun Already Over?Hello Traders,
welcome to this free and educational multi-timeframe technical analysis.
On the weekly timeframe you can see that Bitcoin is now actually breaking below the previous support zone, creating bearish market structure, so at least for the short-term, everything seems quite bearish.
However you can also see that Bitcoin had a quite massive pump recently, the emas also shifted towards the upside, so I just expect a short term correction to the next support zone and then the longer term continuation towards the upside.
On the daily timeframe you can see that the market is basically in free-fall mode, so I am now just waiting for a retest of the next support zone at the $18500 and if we then have some bullish confirmation, I do expect the next impulse towards the upside from there.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
(Not FUD) Get Out Now!Crypto is going DOWN into the end of 2023.
2024 to 2027 could see a giant bull run after this move.
This next leg down will be the one that causes people to proclaim that crypto is dying and be quite hopeless as the price really breaks down, which is exactly the psychological point you should be buying during if you're a long-term investor. But patience is key. Wait for the strong down move to 9-10k, then we should weakly, slowly step down into the 6k level and retest the huge support there from the last corrective cycle.
I trade short & long-term, and while crypto is a great investment over the next 10 years, now is NOT the time to be buying. If anything you should take any profits you have and save cash and wait and see what goes down. I expect many more bankruptcies and crypto exchanges liquidating and closing down. This is a necessary cycle to weed out the bad players and is a healthy sign of a new market. Embrace it and realize you're going to get a great buy-in soon.
Bitcoin is indicating a final major breakdown before the new bull cycle starts. We have just completed a bearish running flat and this is going to be the NASTY final wave. It could get really scary but keep your wits about you because it will open up the opportunity for a massively discounted buy-in if you save your cash, buy when people are panicking, and hold for a few years.
I'll buy backing up the truck and loading the hell up around 5k-7k.
At this point, people will be either too broke to buy or too scared.
BTCUSD - BITCOIN - ShortFollowing bitcoin support and resistance lines.
Entry:
$20,150 - $20,000
Take Profit 1:
$18,000
Take Profit 2:
$17,500
Stop Loss:
$21,000
Enjoy my free analysis.
Please give me a boost (rocket!) and a comment.
I like to hear your feedback.
For more analysis, follow me.
Success trading!
Cheers uNickTrading
BTC/USDTBitcoin should have gone down because it had a divergence in rsi and had filled sell orders at 25k and also encountered heavy resistance.
On the other hand, it was very good that the cme chat was also filled.
If he can close today's close candle above the ma 100 curve, he can hope for a rise in the short term, otherwise he can go down to the purple box that I specified.
At the moment, a full 5-wave Elliott pattern has also been observed, but the length of the 5th wave can change.
Bitcoin BearsSo long as Bitcoin stays below $25209, will be biased towards bearish setups only. Good Luck!
Today I lost 70% of my portfolio, we going to 18.5kApologies for my wronged TA. I went long at our 22.3k support, the 4h showed bearish divergences but I ignored it, initially I was in profit, but in the end I lost a lot... I think this price action no longer is like 2019, but more like 2015. We will retest 18.5~18.6k. I have my long ready. No stop loss this time.
Bitcoin ($BTC) Corrective structure in short term? We'll see...Hi everyone!
If we look at our analysis on the daily chart (see chart below), the price action has reached a very important resistance area (trendline). Having said that, returning to our intraday chart, we see that the bullish structure may have completed, or almost completed, its development. Some reversal pattern should appear from one of these areas, let's wait.
DAILY ANALYSIS
(click and Play chart below)
If this idea will be supported by your "Likes" we will continue to follow the crypto with updates below.
thanks for your attention and please... trade with care! 💖
BTCUSD Bearish Bias !BTC-USD broke the key
Horizontal level and the
Breakout is confirmed
and The double top pattern
So I think that after
The pullback and retest
We will see a move down
#Bitcoin - thoughts out loud #1.Good afternoon, dear colleagues!
I want to continue my opinion and vision of the current situation on the cryptocurrency market on the example of this instrument.
In the New Year, we see positive dynamics, but this is not enough to index this movement as "successful". Therefore, in order to update local highs, we have to go even lower to gain positions at more favorable prices for ourselves (price range 15555-16666). Scenarios of possible development of the situation №1,№2 are relevant, but the market will settle everything by itself.
If we consider the picture on the smaller time frames for a more detailed assessment of the market strength.
Dear colleagues, on the 4H time frame, we see how the price was artificially held by professional operators. Pay attention to the first two processes (marked with a circle), we have a great volume, a great result in relation to each other, but the progress does not suit us, okay, we can ignore the progress.
We go further and on the 3rd process there is a sign of local force on increased volumes, everything suits us perfectly. And the fourth, extreme situation (blue rectangle) highlighted bars and volumes, the question is why we observe an abnormal volume on the narrowing spread?
My assessment of this situation is "WEAKNESS" but on the news background we can observe a false breakout of the highs and further depreciation of the instrument.
Thank you all for your attention, I wish you success, and remember:
Sometimes you win/sometimes you learn.
BTCUSD SELLWelcome . Bitcoin currency. in a very negative state. With the price reaching strong support and breaking 24000, there is a lot of pressure from the sellers to lower the market. To 22,500 levels in the first stage. And level 22000 good luck. Note: If you liked this analysis, please give your opinion about it. in the comments. I will be glad to exchange ideas Thank you
Short-term Elliot wave analysis of BTCThis trade only become active if BTC closes daily below $21,480.
Point A: Liquidating longs and late shorts in euphoria
Point B: liquidating late shorts and late longs in euphoria
Then we head to point C.
Be careful with where you put your stop loss.
Invalidation: Closing daily above point B.
BTCUSDT likely to tap into daily support zone around 21800The price headed towards 4h resistance around 23633 but fell short of a bit (0.28%) from the target mentioned. So the rejecrion happened a bit early and the price fell below the daily support. It hit a old 4h support and currentlyvtrading above it but it does not seem to be significant and price is likely to tap into daily support 1 zone. But before it might try to touch the daily resistance 1 zone. A good short entry would be the daily resistance 1 zone if the price reaches there before tapping into daily support 1 zone.
#BTCUSD - Time to Liquify Some Bulls?Well, here we are, after a massive #BITCOIN pump over the last month or so, with a fresh Sell signal from Crypto Tipster v2.
There's a strong descending trend line acting as resistance right above current price, and a few levels of support on the flip-side.
If we can break below the support @ $21.5k it looks to us like the price is going down to at least $19k, maybe further.
Either way the path of maximum pain would be to liquidate some ultra-long bulls right now, giving us a nice 10 or 20% profit from this short!
What Do You Think?
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theCrypster
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BTC GETTING REDHello Guys, GOATChad here.
BTC has been going up and we are at a strong zone where many people are probably longing at.
I expect another leg down if we don't manage to break the 4 hour 200 ema.
21500 is first target and 20700 is the next, after that we would go down all the way to 18k.
I personally trade hourly so I am currently waiting for that fib retracement.
Good luck and remember to have proper Risk Management.
Not financial advice.
