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Btcusdsignal

Take advantage of Bitcoin's current transactional opportunitiesBecause it was too late to write a specific analysis just now, I reminded everyone in my channel to short the current price of Bitcoin. Then friends who keep up with the pace of trading, Bitcoin is basically shorting at the position above 28600. Let me give you a detailed analysis of why Bitcoin is shorted in the short term at this position.Judging from the recent trend, the daily line has had an upper shadow line on the closing line for 6 consecutive trading days, proving that the upper pressure is strong enough.It is difficult to make an effective breakthrough upward in a short period of time, and yesterday's negative K-line proved that even if the currency price wants to continue to break upward, it will take a certain amount of time to make a pullback correction so that the currency price can accumulate upward momentum. On the other hand, the price is overbought, which may also lead to short selling in the short term, thereby suppressing the price of Bitcoin.But there is strong buying support below. So here I think that Bitcoin will have a certain pullback and correction trend at least in the short term.In this regard, we can fully seize short-term trading opportunities to obtain benefits. In the short-term processing, the pressure of 28700-28900 is concerned above, and the support of 27800-27300 is concerned below. In order to facilitate everyone to continue to follow up on my analysis and sharing, you can like and follow me; in addition, I will share the daily real-time strategy in the channel. If you can't follow up in real time, you may make operational errors.You can use the following methods to enter my channel for free to follow the latest news and follow up on market trends in real time.
Long
by Short-term-king
1
The price of Bitcoin is brewing the next upward trendJudging from the recent trend of Bitcoin, it has been dealing with narrow fluctuations. It seems that the pressure on the top is relatively strong, making it difficult for Bitcoin to break through effectively in the short term, and the long-term ability seems to have been consumed. In fact, from a cyclical point of view, since Bitcoin rose from the 19550 position, many times on the way up, it will make certain retracements or pauses to consolidate the bottom foundation to support Bitcoin to continue to maintain its upward trend.Although Bitcoin has paused recently, the short-term low is constantly rising, and in the process of testing the low, it has not destroyed the upward trend, so the current trend of Bitcoin is still healthy. So overall, for Bitcoin's recent narrow volatility treatment, it is very likely that the next upward trend is brewing, and it is expected to hit the 30,000 position.In the short-term treatment, the lower support is near 27900-28000, and the initial pressure above is at the 29000 integer mark. In order to facilitate everyone to continue to follow up on my analysis and sharing, you can like and follow me; in addition, I will share the daily real-time strategy in the channel. If you can't follow up in real time, you may make operational errors.You can use the following methods to enter my channel for free to follow the latest news and follow up on market trends in real time.
Long
by Short-term-king
Bitcoin: Can the bulls hold on?Judging from the current trend of Bitcoin and the overall market sentiment, the pressure level of 28,500 above is too strong to break through in the short term. There is a need for Bitcoin to withdraw, but the 27,000 below is still the key support for Bitcoin.Yesterday, Bitcoin broke through the recent high and stood near 28472, and then retreated to near 27300. It seems that Bitcoin will be trading sideways at least in the short term. At present, the Bitcoin price is oscillating back and forth at a high level, and the pressure above is strong, making it difficult to break through in a short period of time. Even if the Bitcoin price can continue to rise, it will at least need to be confirmed by stepping back to accumulate upward momentum during the rise, so there is a demand for retracement in the short term. On the other hand, the supply of Bitcoin on exchanges has increased significantly in the past week or so, which may also mean that BTC may face selling pressure. In the short-term treatment, the lower support is near 27500, and the initial pressure above is near 28500. In order to facilitate everyone to continue to follow up on my analysis and sharing, you can like and follow me; in addition, I will share the daily real-time strategy in the channel. If you can't follow up in real time, you may make operational errors.You can use the following methods to enter my channel for free to follow the latest news and follow up on market trends in real time.
Short
by Short-term-king
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
BINANCEUS:BTCUSD
by DNAchampions
BTC/USD - BITCOIN - Great Buy OpportunityBitcoin hit strong resistance at $25,000 but with all the good news from Hong Kong, China it will break the resistance: --> On June 1st, 2023, Hong Kong will officially make crypto purchase & sell, trading, fully legal for all of its citizens. Entry: $24,650 - $24,700 Take Profit 1: $27,000 Take Profit 2: $29,000 Stop Loss: $23,000 Enjoy our Free Analysis and Setups. Leave us a like and comment. For more scripts & analysis, follow us. Success trading!
INDEX:BTCUSDLong
by uNickTrading
Bitcoin PA since 2009 has made a special ArcMuch of the description is in the chart But, since Oct 2009 to the present day, Bitcoin PA has effectively be confined by a "618" Fibonacci Arc, which is part of a Fibonacci spiral. But what is more interesting is how it would look like PA has risen above that arc for the first time ever As we can see, the Arc was flattening out, PA had to react or, to follow the Arc, would make PA follow the Spiral DOWN So is this the start of a new cycle ? The Very oversolf Monthly MACD certainly points towards a ppush up on the way The figures used in the Calculations are subject to a % of tolerance of inaccuracy but, when I have more time, I will dive in deeper. But simply, as you can see, there are 4 stages, each with a % increase, and they have been getting smaller, which has led to the PA curve beginning to flatten out. Of course, this is a LOG chart, this does not work on a Linear chart I am happy to discuss this, I welcome people View and Idea on this..as...well..If this is end of cycle, we need to figure out where we are going NEXT This is just an idea and by no means a prediction
INDEX:BTCUSD
by Orriginal
BTCUSD Aug W.4: Long-term trend alert!Hi friends, I hope the week is unfolding for y'all as planned ;) Today, we've got another possible long-term trade signal. These trades signals are only derived from this timeframe (Weekly). The monthly doesn't fully support them, and that makes the trades highly risky. I feel like the price won't drop to the last target. I think it will reverse on the 3rd Weekly Key Lvl to form the monthly's double top accumulation phase that will either retest the Monthly Neckline 2, ascending trend line, together with the 50 and bearish crossed short-term moving averages to fully confirm the bearish signal or break the key levels to trigger a bullish long-term trend signal. This is what I'm talking about: Furthermore, as you can see on the chart, the price might continue to drop to the Monthly Support after bearish breaking and retesting the 2nd Monthly Key Lvl. That will half confirm the weekly's signals. Speaking about the weekly, let us take a look at how the bulls and bears might behave in triggering our trades and disconfirming them before or during the trade. Bulls: -If the price bullish breaks and retests the Mini Weekly Neckline and 8 moving average, that will be our first dis-confirmation. It will likely lead the price to rally for the 2nd Weekly Key Lvl and 21 moving average for our 2nd disconfirmation. We will exploit that trend because it will be the monthly's counter-trend signal that will be anticipating the Monthly Neckline 2, ascending trend line, together with the 50 and bearish crossed short-term moving averages that expect retests. Bears: -If the price bullish spikes or retests the Mini Weekly Neckline and the 8 moving average with a bearish candle formation or close (1st trade signal) that leads the price to bearish break and retest the 1st Monthly Key Lvl either on the current or lower time frame (2nd trade signal), that will fully confirm our trades and I call or grade these type of trades a "H&S C-E.1 signal". That's it for today. I hope you found value in this trade idea. If you have a different concept in mind, feel free to share it in the comments section or in private, I'd love to know your thoughts! Stay Blessed, Sphatrades.
BITFINEX:BTCUSDShort
by Doji-2k1
BTCUSD July 2022 W.2: Short-term to Medium-term trendHi friends, I hope y'all are having a profitable week ;) Today, we have a 2 possible short-term trades that will build up to medium-term trades after the price has bullish broke and retested the (Possible) Mini Weekly Neckline. I got these trades signals from the weekly and monthly. The weekly expects bullish retests on the 2nd Weekly Key Lvl (that was previous broken and not retested) and 8 m.a (that wasn't retested by the first level to confirm the trend-continuation to where the price is at right now - on level 2). The monthly, on the other hand, expects a bullish on the huge double top neckline and on the 50 m.a and bearish crossed short-term m.a's; the patterns accumulation phase bullish reversal candle or reversal pattern will counter-trend to the targets. With that said, let us take a look at how the bulls and bears might behave in triggering our trades and not. Bulls: -If the price bearish spikes the 8 m.a with a bullish candle formation or reversal candle pattern close (1st signal) that leads the price to bullish break and retest the 4H Neckline (2nd signal), according to the 4 hour: the pricen will be in prep to rally for the half a bats L2 & L3 and 200 m.a; and according to the daily: the price would be in prep to rally for the triple bottoms neckline and 50 m.a as the 1st targets, so once that happens, then we should BUY!...(E.1 & E.2) Bears: -If the price bearish drops to break and retest the 1st 4H Key Lvl together with the 8 and 50 m.a's (1st dis-confirmation) and proceeds to break and retest the 1st Monthly Key Lvl (2nd dis-confirmation), that will tell us that our trades are invalid, hence we won't take them. That's it for today. I hope you found value in this trade idea. If you have a different concept in mind, feel free to share it in the comments section or in private, I'd love to know your thoughts! Stay Blessed, Doji-2k1.
BITFINEX:BTCUSDLong
by Doji-2k1
July Week 1: Short-term trend signal!Hi everyone, I hope y'all having a profitable week ;) Today, I'll keep it short and straight to the point. As y'all saw on that this crypto has been dropping since the beginning of May. During that drop, the price didn't retest some major key levels that were supposed to fully confirm the bearish trend. So having them leftover like that means that they expect retest to be made before the bearish trend-continuation (if it will continue though). With that said, let us look at how this trade will be triggered and dis-confirmed. Bulls: -If the price closes with a bullish reversal candle pattern above the 4H Half a Bat Neckline and 8 m.a, that will trigger our trade signal that will produce a 3 level bullish uptrend to our take profit point. I call this type of trade a "H&S A-E.3 signal". Bears: -If the price bearish breaks and closes below the 4H Half a Bat Neckline and 8 m.a, before or after taking our trade, that will dis-confirm it. That's it for today. I hope you found value in this trade idea. If you have a different concept in mind, feel free to share it in the comments section or in private, I'd love to know your thoughts! Stay Blessed, Doji.2k1
BITFINEX:BTCUSDLong
by Doji-2k1
June W.5: Short-term trend signal!Hi friends, I hope y'all having an amazing weekend and also preparing for the last week of the month ;) Today, we got a counter-trend signal on this baby. This crypto has been dropping for weeks, and it didn't retest a couple of key level targets on the daily upwards. Moreover, huge gaps were formed between the price and short-term m.a's on the weekly and monthly, they have to be closed with retests that will fully confirm the bearish trend continuation that we hopped on - on the 1st week of May 2022 (check the previous posts). So, let us now look at how our trade will be triggered and dis-confirmed. Bulls: -The price will bullish rally for the H&S and short-term m.a's trend and for the 200 m.a - probably after it has closed with a bullish reversal candle pattern above the 1st 4H Key Lvl and 8 m.a. I call this type of trade an "H&S A-E.3 signal" Bears: -The price will dis-confirm this trade by dropping to its stop-loss point - probably after it has bullish bounced off the Daily Neckline 2 with a bearish reversal candle pattern that will lead the price to bearish break and retest 1st 4H Key Lvl together with the 8 and 50 m.a's. That's it for today. I hope you found value in this. If you have a different concept, feel free to share it in the comments section or in private with me, I'd love to know what you're thinking! Stay Blessed, Doji-2k1.
BITFINEX:BTCUSDLong
by Doji-2k1
3
BTCUSD Flash | What is happening?Price is currently sitting on both a bullish trendline and a strong demand zone that has held price "supported" since February 2022. Are we going to witness a breakdown or trend continuation in the next couple of days? What do you think? Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
COINBASE:BTCUSD
by darcsherry
BTCUSD | Perspective for the new weekBTC suffered a plunge to a significant support level at around $34,000 area after news of Russia attacking Ukraine broke out. However, the appearance of a double bottom structure at a significant level of $34,000 incites potential recovery that is due for a relief rally as the Bulls take control with a target at $54,000 area in the meantime. Tendency: Uptrend (Bullish) Structure: Supply & Demand | Trendline | Reversal pattern (Double Bottom/Breakout) Observation: i. A visual representation of a trend after connecting a series of prices with a line drawn over pivots highs shows the prevailing direction and speed of price in the last 4 months. ii. On the 4-hour time frame, It is obvious that the overall momentum of price action has been bearish with the bearish trendline going as far as October 2021. iii. However, at beginning of this month, we witnessed a breakout of this trendline to signal that the bearish trend might be losing momentum thereby giving way for the bulls to thrive. iv. $34, 000 level seems to have held price "supported" in the last 34 days to signal a reversal set-up in the form of a Double bottom structure. v. The appearance of a Double Bottom within the identified Demand zone at $34,000 describes a possible change in trend and a momentum reversal from prior leading price action with confirmation at Breakout of Key level ($45,000) which is also the neckline of the pattern. vi. From my personal perspective, I will like to join the potential rally early so that I can have opportunities to stack my position if the price moves in the intended direction. vii. In this regard, I shall be looking to open a position at breakout/retest of $40,000 (identified on the chart with a purple barrier) and anticipate adding to my exiting position at breakout/retest of the neckline of structure at $45,000. CAUTION: Considering the overall bearish momentum, a breakdown of the demand zone at $34,000 shall render this narrative invalid as I will continue to hold a bullish bias above $40,000 ... Trade consciously!😊 Trading plan: BUY confirmation with a minimum potential profit of 12,000 pips. Risk/Reward : 1:10 Potential Duration: 7 to 20days NB: This speculation might be considered to make individual decisions on the lower timeframe. Watch this space for updates as price action is been monitored. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
COINBASE:BTCUSDLong
by darcsherry