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Btcusdshort

Bitcoin Move to 150K on a monthly predictionHey guys, Here's a monthly chart on Bitcoin, keeping it way too simple. (: I believe the major bull run to 150K area will begin only after the test of 10-12K area. There's even a possibility of a wick to 6-7K when that happens. Remember this is monthly chart. The chart and the drawings on it speaks for itself so I won't go into details that much. In 2023, I'm assuming these drops and in 2024, we'll begin the moves with the halving helping the moves as well. So I've selected investment strategy as short for the time being when publishing this idea but in long term it's still long. PS: This is not a financial advice! Always DYOR. Cheers!
BITSTAMP:BTCUSDShort
by koklucinar
1
#BTCUSDTMy hart says price will directly hit the 21700 price, and my brain also says the price need to do a correction movement to hit the upper side blue lines which placed on 23343 maximum upper line...price is doing a death cross on 4H chart and 21700 OB and 20750 Ob the last hope for bulls...unless we can see the price will kiss 12,000 level as soon as possible....in short term it will going to touch the upper key level of the falling wedge....all things can be happened or not.....
Short
by BabyRusk
BTCUSDT Must Have Run! Despite everyone, I am thinking of Short!According to classical analysis we reached the bottom of ascending channel and we should look for upward run! But as you see in chart, my own developed indicator based on blocks, support and resistance and some other data which is showing the probability of next movement ; indicates that we should face downward for future prices and I believe in what I was developed and coded based on my experience and knowledge of market analysis which I want to share it with you also! Anyway, Max upward price : 23200 - 23300 and reaching more than these prices means going to break 25500 and 26000 Break Bullish Block : 21700 - 21500 means going down to 18800 and if more 16600 and even more 15300 Not a special advice for trading just as student of financial market experienced ...
Short
by AtareumFX
2
BTC/USD market commentary on 3/3/2023On the daily chart below, we can see that the buyers failed to break the 25K level with conviction and gave way to the sellers. The top came exactly at the previous August 2022 high and the divergence with the MACD signals that the price is likely to fall back to 21500 level which is the first target for the sellers. There was some uncertainty in the market given the talk of seasonal factors skewing the economic data based on the month of January, but since the S&P Global US PMIs are based on the recent month of February and they came out strong, the market got that extra confirmation that things are really turning for the worse. On the 4 hour chart below, we can see that the price has pulled back a bit into the 50% Fibonacci retracement level and it’s now eyeing a breakout to the downside of the counter-trendline. The breakout will be the signal for the sellers to start piling in with the target at 21500. Yesterday, the market got some bad news again from the ISM Manufacturing PMI which showed a notable bounce back into expansion of the “priced paid” sub-index, used as a proxy for inflation. The market is increasingly worrying of another wave of inflation and a more hawkish Fed. These are bearish developments for the crypto market. On the 1 hour chart below, we have a more closer look at the near-term price action. For the sellers the breakout of the counter-trendline is the one to watch, while for the buyers, the breakout above the 24000 level would give some hope for another test of the 25000 top. Tomorrow, we have the ISM Non-Manufacturing PMI which is another key economic report. Strong readings will push the prices even lower, while weak data may give the buyers some relief. Recommendations for trading BTCUSD: SELL BTCUSD ( 24.200 - 24.000 ) Stoploss : 24.600 Takeprofit 1 : 22.700 Takeprofit 2 : 21.500 Takeprofit 3 : 21.000 BUY BTCUSD ( 20.800 - 21.000 ) Stoploss : 20.500 Takeprofit 1 : 21.700 Takeprofit 2 : 22.300 Takeprofit 3 : 23.500 Note: Always install TP and SL in all cases
B
by DNAchampions
Correction Bitcoin Is Going According To PlanIn my previous analysis, I stated that it is likely to see a correction for Bitcoin because of two main reasons: - We're experiencing heavy horizontal resistance near 25k - The 200 weekly ma is at 25k, giving us confluence (double resistance in this case) Now that the correction has arrived, everything is going as planned. As you can see on the hourly chart, Bitcoin was making lower highs as soon as the price got rejected at the resistance for the 3rd time. Finally, the lower resistance line of the resistance zone got rejected and kicked off Bitcoins fall to our support level at 23k. Now that we're in our support zone, I expect at least a small bounce or some sideways action before we see our next move. Depending on how bullish Bitcoin is, this is either going to be the bottom, or we're going lower to 21k
COINBASE:BTCUSDShort
by FetchTeam
BTC.D SECRET: 1 StepAhead on ALTS & BTCHi Traders, Investors and Speculators of the Charts 📈📉 In my previous analysis on BTC , I made an update for the near term based on a fractal from 2018. Incase you missed it, here it is: Today's analysis is a bit more technical, in a 4min video I discuss the relationship observable on the charts between Bitcoin and Altseason. Pulled up on the bottom left is Bitcoin Dominance, BTC.D which gives an indication of where the most money is going (BTC or Alts). Pulled up in the bottom right is the Bitcoin Shorts (BTCUSDSHORTS). By using this chart with BTCUSDT, it can be helpful to identify when the market is considered overbought or oversold, in other words to observe the general market sentiment. These three charts together give away hidden information about where the price of BTC could be going next. _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck
Short
by CryptoCheck-
35
Bitcoin range trading (NEW)Bitcoin price created beautiful range between 25240$ and 23350$. The price got rejected at the key resistance a little bit above 25k. Currently the price is in the mid of the range. 23850$ and 23620$ may be a good entries for long position if the price drops lower. The target would be the upper boundary of the range around 25100$ Moreover, if BTC price keeps on ranging, it would be a great scenario for altcoins as they would have some time to rise. If we lose 23300$, we may be looking at 22800 $ as the next level where buyers most likely will step in.
Long
by vf_investment
6
Bitcoin is facing Heavy ResistanceBitcoin is facing heavy resistance which is coming from two sources: One is the horizontal resistance of 24 to 25k, and the other is the 200 weekly moving average. This means that there is confluence on the resistance side. Not only are we facing resistance, but this uptrend is already lasting for 53 days, making it likely its time for a correction. Why is this 200 moving average also included? Normally I woudn't pay much attention to moving averages in general, but this one can be special. In the bull run of 2015 to end 2017, this line was the support line for the whole bull market. This line was also support at the bottom of december 2018 and during the covid crash, making it strong resistance.
COINBASE:BTCUSDShort
by FetchTeam