#BTC/USDT 1HR CHART UPDATE !!Hello, community members welcome to another BTC/USDT chart update.
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As we can observe from the above-mentioned chart that BTC in LTF trading inside a channel pattern and touched the lower support zone again and bounced.
Although HTF BTC is at the accumulation phase, BTC will again gain some % to rally upside towards the upper resistance zone or trend line.
Here nothing much to tell in this chart until BTC is able to brake the upper resistance trend line.
NOTE: This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
Btcusdtidea
#BTC/USDT 4HR CHART UPDATE !!
Hello, community members welcome to another BTC/USDT chart update.
If you find this update helpful, shoot the like button follow and share your views in the comment section.
As my previous chart got invalidated because BTC again failed to sustain a price level of $31600.
BTC was again rejected for the 5th time from the red resistance zone and dropdown almost 7.5% from the resistance zone.
Currently, BTC is trading at the price level of $29300 and still an hour left for a candle close.
Below BTC has two support levels one is local trend line support and another one is the most crucial support zone for BTC.
Here BTC needs to hold this local support and close above otherwise green support zone is the crucial support to hold.
Let's see how BTC performs in the upcoming hours.
A candle closes below the green support zone will be the invalidation point of this chart analysis.
NOTE: This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
#BTC/USDT 2HR CHART UPDATE !!Hello, community members welcome to another BTC/USDT chart update.
If you find this update helpful, shoot the like button follow and share your views in the comment section.
As we can see in the above-mentioned chart that 2 different color markings have been plated to showcase the scenario study in BTC in 2hr time frame chart.
It is Cleary can observe that BTC till now followed the previous scenario where at the bottom support level BTC consolidated by moving upside and pumped almost 6% and again printed a big green towards the upper resistance zone after another consolidation which is denoted with a yellow circle.
In the current scenario, BTC is again in consolidation face so here we can expect a bounce from here at any time towards the upper resistance level.
As result, BTC needs to break above the local resistance level to rally towards the price level of $33k.
NOTE: This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
BTCUSDT Analysis (2 possible options)Hello friends.
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Everything on the chart.
two possible options on the chart,
for me the priority is upward movement in 34-37k zone,
but if we get a local update of the low, then after the correction we will go down to 24-25k
The choice is yours.
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
BTCUSDT will create the bottom then fly!Hello, everyone!
As you know, bitcoin is now in bearish range, need to pullback. I’m not waiting the huge crash from this range! In technical view BTC try to double bottom in $25.7K range. And then fly to $37K! So ready for ride!
Remember, there is no place for luck in trading - only strategy!
For best result in trading follow these rules for best result!
1. WHAT IS THE OVERALL TREND? PRICE ACTION WILL GIVE YOU CLUE!
2. IS PRICE AT A LEVEL OF SUPPLY OR DEMAND (SUPPORT OR RESISTANCE)?
3. IS PRICE APPROACHING A LEVEL OF SUPPLY OR DEMAND (SUPPORT OR RESISTANCE)?
4. ARE YOU TRADING WITH THE TREND OR AGAINST THE TREND (MAKE SURE YOU ONLY TRADE AGAINST THE TREND ON THE 4HR TIME-FRAME AND ABOVE.
5. AND MUST CHECK THE DIVERGENCE.
💥Bitcoin 2022 Roadmap to $19k & $16k#Bitcoin Update🔥
Technically, we are repeating the same movement as in 2017.
Bitcoin dropped by -84% from all time high from $19,799 to $3,159.
As displayed on the chart, the major zone that served as a strong support was violated and Bitcoin dropped by -47% from $6,000 support to $3,159 in 2017.
This same setup is repeating itself. The current bear cycle started in November 2021 . So far, Bitcoin has dropped by -58% from all time high from $68,996 to $29,000.
Price has been respecting the major support within $29,000 & $30,000 so far. Just as 2017, support got violated at the tail end, therefore I expect a similar reaction and a drop by -47% or less from major support at $29,000 to $16,000 or $19,000.
Not a financial advice🙅🏼♂️
Share your opinion in the comment section✍️
Please support this idea with a LIKE👍 if you find it useful🥳
Happy Trading💰🥳🤗
Two Paths to follow (BTC)BINANCE:BTCUSDT
Bitcoin long term analysis:
According to recent events on a macroeconomic perspective and TA on the weekly chart I conclude on two different paths Bitcoin can take.
The positive side:
analyzing with diagonal resistances one is be able to notice that Bitcoin's support is around the 34700 mark. From this point, if the price action were to close above this trendline and hold support this would be the bullish scenario (ABC Correction after the bearish Elliot Wave from ATH). It is hard to consider a new ATH is possible because of all the macroeconomic narrative. Bitcoin is highly dependent on NDX,SPX and DJI. Don't forget it is also highly dependent on the DXY which is facing strong resistance which is bullish for bitcoin if it is unable to surpass this resistance (103-104 level). If the DXY index declines and the other three main indexes continue the uptrend Bitcoin will be able to reverse the bear trend we are currently on the weekly chart. I modelled it with a bearish Elliot wave which in my hypothesis ends exactly on the 34400 support and then I would expect a bounce to the upside from this point forward.
The negative side:
I consider this side to be the most realistic one. At the time of publishing the DXY is very close to close above the 103.878 price and yet we have two more days to finish this candle. If it closes above and current resistance turns into support with a bounce, probably BTC and other stocks are doomed to continue on downtrend. The 2021-2022 bull run would be over on my opinion and I would expect a bear market lasting for over a year until the next halving for Bitcoin. The MACD indicator shows a possible bearish cross which could be a leading indicator of bearish continuity.
This is what I see, hence I wanted to share.
Happy Weekend and remember to trade safe.
BTCUSDT Elliot Waves (GLOBAL VISION)Hello friends.
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Everything on the chart.(update)
(sorry for dirt,working chart)
the triangle is canceled, so I switched to the the ending diagonal as a main
Target zone: 90-140k
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
BTCUSDT Elliot Waves (GLOBAL VISION)Hello friends.
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Everything on the chart.
(sorry for dirt,working chart)
two options:
white - if we have a running triangle,
blue - if the ending diagonal.
Cancellation of triangle - decline under 33k
regardless of what will be formed in the medium term, I am waiting for an upward movement and a new ATH.
Target zone: 90-140k
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
BTC update (Bullish divergence on 4h/6h)We have regular bullish divergence on 4H and 6H on RSI as well as MOM oscillator
Furthermore if we look at 8H chart we have same divergences being made but confirmation will be done on candle closure.
So if these play out then likely we will see price to make an attempt at $40500 resistance.
We are in a bearish trend so all of these small pumps will be short-lived as they are bull trap.
BTCUSDT Analysis (LOCAL VISION)Hello friends.
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Everything on the chart. (update)
I switch to this option as the main
Entry: market and lower
Stop: ~38k
Targets: 48 and 51k
after first target reached move ur stop to breakeven
Risk/Reward: 1 to 4
Risk is justified.
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
BTCUSDT Analysis (LOCAL VISION)Hello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart. (update)
Entry: market and lower
Stop: ~39800
Targets: 48 and 51k
after first target reached move ur stop to breakeven
Risk/Reward: 1 to 2.5
Risk is justified.
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
BTCUSDT Analysis (LOCAL VISION)Hello friends.
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Everything on the chart. (update)
Nothing has changed from my last idea.
Stop: ~42500
Targets: 48 and 51k
Risk/Reward: 1 to 3
Risk is justified.
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
BTCUSDT Analysis (LOCAL VISION)Hello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart. (update)
Nothing has changed from my last idea.
Im waiting for correction in 45-43500 zone and continuation of growth.
Stop: ~40k
Targets: 48 and 52k
Risk/Reward: 1 to 3
Risk is justified.
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
BTCUSDT Analysis (LOCAL VISION)Hello friends.
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Everything on the chart.
Need some retracement in 44-45k zone, then continuation of growth in main target zone 51-54k.
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
Btc - bitcoinThere is a bearish pattern in the Bitcoin price chart, the $ 45,000 and $ 46,000 range is no longer a significant resistance, and if the price reaches that range it will easily break the resistance. The most important bitcoin challenge is in the $ 50,000 to $ 52,000 range This range has both heavy resistance from the past and the current ascending channel ceiling
This pattern is violated when the said resistance is broken on the canal roof with a powerful and large volume candle and does not fall below the range in the pullback, otherwise I will be looking for a sell position in that area.
BTCUSDT Analysis (LOCAL VISION)Hello friends.
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Everything on the chart. (update)
Nothing has changd from my last idea, like for me we forming flat (3-3-5) in wave of ii.
Im still want to see atleast retest 40k.
Entry: 41-39k
Target: 44 - 47 - 51k
after first target reached move ur stop to breakeven
Stop: ~37k (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to 5
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
BTCUSDT Analysis (LOCAL VISION)Hello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart. (update)
Entry: 41-39k
Target: 44 - 47 - 51k
after first target reached move ur stop to breakeven
Stop: ~37k (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to 5
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
BTCUSDT Analysis (LOCAL VISION)Hello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart. (update)
Target: 43 - 46 - 51k
after first target reached move ur stop to breakeven
Stop: ~37k (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to 3.5
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
BTCUSDT Analysis (LOCAL VISION)Hello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart. (update)
I apologize a little dirty, but I think the structure should be clear.
Nothing has changed from my last idea.
We're still in triangle.
The situation is ambiguous at the moment, but I still believe that in the medium term we will get an upward movement.
There are 2 levels to watch out for,
if we get a good move up on volumes with 40k breaking and a fixation above, then we are going up from the current ones.
If we break through 38200, then first we go to the area of 36-35k and from there growth.
Target: 42 - 46 - 51k
after first target reached move ur stop to breakeven
Stop: (depending of ur risk). ALWAYS follow ur RM .
cancellation of scenario with triangle - descent under 34k.
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
BTCUSDT Analysis (LOCAL VISION)Hello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
Entry: market and lower (im in short from 39600)
Target: 37500 and 35500
Stop: ~40300 (depending of ur risk). ALWAYS follow ur RM .
after first target reached move ur stop to breakeven
Risk/Reward: 1 to 3
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.