Btcusdtforecast
BTC/USDT 4 HOUR ANALYSIS
Welcome to this quick update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures .
I have tried my best to bring the best possible outcome in this chart .
As i say in previous chart that BTC can bounce from support level of $53700 and it bounce now it is lying on a support and can be rejected or it can pump also Let see how 4 hour candle close.
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section.
Thank you
BTCUSDT UPDATE Hello friends,
Welcome to our BTCUSDT 4H chart.
As we are seeing in the 4H chart of BTCUSDT that after the formation of Bearish Wedge, the price dropped and after accumulation we see another Ascending Triangle like this.
* If price continues to remain constant then price may hit 67K again which is a resistance.
*If the price comes down by rejecting Support 3 then we can see the price coming down to support 1.
Bullish crossover of 100DMA and 200DMA shows that BTC is making its new high.
BITCOIN (BTCUSDT) IN A CONTINUATION of Bearish To $15,000 2/7/21In the anticipation, perspiration and determination of traders which find the greed on $30,000 price level.
It is just the starting of the robust bearish road to $15,000.
It is for the worst case scenario.
What comes up must comes down.
From my experience of trading, we called this a 'revesal momentum'
As fast as the eyes can see for previous momentum buliish, as fast as the eyes can see on the current robust bearish.
This is no in the category of technical trading as technical cant see the future of the price.
As this reversal momentum comes into the sentiment in the aspect of sentimental trading.
This is the first chapter when you deal with crytocurrency.
While other trading sometimes put on the fundamental in the first place and the technical is last of any wha
Technical trading cant create or move the market. Is it a passive analysis.
What move the market in crypto is sentiment.
***
While the sentiment trading is a new terms and new course in studying the crypto, it has help the trader to be on the third eyes skill in the market.
Where future of the price can be seen, can be predict and can be a prophecy.
In sentiment trading, it dont involve of fundamental or technical aspect into the analysis.
It can be calculate using a new approach of a new learning education.
It is beyond technical analysis.
***
$15,000 price is the level the the price of bitcoin to be in the trend of the 0.5 times by the previous sentimental approach.
Hovering towards the $30,000 on my success prediction on 24th February 2021, has put people to look forward on the subject to learn
the thesis and learning of the new education in trading which it does not involve any methodology as all aspect in the trading to learning
the human behaviour of phycology can now be calculation by the complex mathematical approaches.
***
End of article.
Zezu Zaza
2048
Is this the end of BTC Bearish Market?Bitcoin has been struggling from past few days. Credit could be given to numerous factors including suspicious Elon's tweets :)
Anyway, we anyhow predicted it earlier that BTC is under correction wave and it will touch Point C at round 44K and it did. If you haven't ready my previous analysis, I will add a link for you under related ideas below.
Going by the chart and patterns, BTC should be done with its bearish mode as it has already touched point C on the chart and things should start settling down again.
From here BTC should head towards another another impulsive wave.
In a day or two I will add my analysis on what pattern it will take to mark its next ATH ( not immediately, but in couple of months).
If you like my analysis then do drop a LIKE and a COMMENT. Also do SHARE it with your friends.
Also don't forget to smash that FOLLOW button to get daily analysis of multiple crypto currencies and sometime ASX stocks.
Note - These are my personal notes and in no way a financial advice. Do your own research and Trade wisely
BTCUSDT possible target 63300 and 65000last week professionals did profit taking by their long positions. 48700 initial support even suspect break due to fast fall down. 452000 strong support area should hold to maintain bullish trend for longer term. 63300 and 65000 possible target soon, even suspect more bullish if breaks and hold above 65000
Ankr whats next v1 based on my Bitcoin BTC forecastI just wanted to share my idea for ANKRUSDT base on my BTC Bitcoin forecast
This is just my personal opinion, I don't have any market background, this is just based on the facts i know about the market for now and what i see in the chart.
I'm doing this kind of charts for 2 weeks now, keep this in mind too.
Bitcoin (BTC/XBT) Daily Long&Short Trade Setups 2021/02/20Hi guys! I will be sharing the trades that I take in real time, follow to see how my trades work out!
If you like this post, please support me by clicking the like and follow buttons. Also feel free to share your thoughts and analysis in the comments below!
And don’t forget to check out my daily analysis on Bitcoin, Ethereum, and Altcoins!
Market Overview
Price Action: Bitcoin is breaking out hard and has established a new alltimehigh @ $56.4K!
Patterns: N/A
Areas of Interest: The area(s) of interest for me are the ATH @ $56.4K. Once price reaches one of these areas, I will monitor for entry confirmations. If the entry confirmations are aligned, I will take a trade and share the my trade in real time.
Trade Setups
Below are the potential trade setups that I would be interested in trading:
Short Trade Setup #1: False Breakout
1. Price Action: Price breaks above and then falls below the high @ $56.4K, forming a bull trap
2. Trade Entry Confirmations: A breakout candlestick followed by a breakdown candlestick, above average volume on both breakout candle and breakdown candle, MACD topping out
My Recent Trades
2021/ 02/012:I had a losing trade. I entered into a long @ $47,810, SL @ $46,647, and trade hit stop loss.
2021/ 02/04: I had a winning trade! I entered long @ $$36,819.0, SL @ $$36,528.0, price reached a high of $37,783.8, giving a risk reward ratio of 3.3:1.
2021/ 01 /31: I had a winning trade! I entered long @ $33654 SL @ $33292, price reached a high of $34220, giving a risk reward ratio of 1.6:1.
About Me
I started trading in 2008, first got introduced to bitcoin in 2009, and have been actively trading cryptocurrencies since 2016.
I have worked on Wall Street trading bonds, stocks, and options.
I have taken hundreds of live trades, each recorded with over 50 data points, all meticulously analyzed, using data analysis and modeling to optimize win probability and risk reward.
Why Follow Me
Daily analysis on the latest market movements and price zones for high probability trade setups.
Sharing of live trades that I take.
A great place to help each other, learn from each other, and grow together.
Trading education including a comprehensive cryptocurrency trading eBook, personal advice, and other educational materials
Constantly testing and adding new trading strategies and refining battle-tested ones.
DISCLAIMER: I am NOT a financial advisor and this post is NOT financial/investment/trading advice. I will not be responsible for any actions you take based on the analysis and comments that I provide. I am simply sharing what I am doing, and is not meant to be investment or trading advice. What you choose to do with the information that I provide is your own sole responsibility! The cryptocurrency market is extremely volatile, and you WILL lose all your money if you are inexperienced! DO NOT risk any money that you cannot afford to lose and always be cautious and manage your risk!
Please support me by liking and following, and sharing your ideas and analysis in the comments! Thanks!
BTC Breakout has been Instrumental! - Quick Update :-)As you can see the breakout has cleared expectations quite massively
It broke to our expected areas, highlighted by the % change ranges and also the 1.618 fib
However it then flipped these areas to support and has now reached the 2.618 fib
This is a crazy push, the MACD positive cross helped the momentum printing an almost $2000 candle
If it can flip the 2.618 to support then happy days, it could keep running/consolidating around that area
Be careful though, as at such price discovery, if it were to drop it would do so quickly - remember the Bart Simpson shapes of old
I've got my eyes on the wick formations on the candles as that could highlight a top, as candles with big wicks on top would suggest selling pressure - will be using 1HR and 4HR charts predominantly
Also look for bearish divergence, can be very strong on BTC especially on the 4HR
These would be indicators to not enter longs/spot positions, but maybe to open short positions, however with increased volatility opening shorts will be risky in such an uptrend
This run has been so bullish though and will most likely continue, but there will be a pullback, maybe it will be now due to the 2.618 fib or maybe at 35K
Trade steady and lets make the most of this astonishing bull run!
Quickly on a side note - doge coin has done very good things as it hit a major support on weekly timeframes against BTC
Also ETH and LTC are running well, where LTC looks to flip the top of a range into support - eyes on 146 and ETH eyeing up the fundamental 800
XRP is still stinking due to its SEC case - ranging from 0.18 to 0.24 but not building any sort of momentum for a proper run which is not surprising - I have stayed away for now!