BTCUSDT long ideaBTCUSDT likely to move higher from here. It has been consolidating between the 4h resistance and 4h support zone and seems to be ready for a move.
Btcusdtlong
BTCUSDT Bullish 4H TFBTCUSDT shows bullish trend with bullish divergence. Symmetrical triangle shows either it will break above or below. Most likely it will break above. Drawn TP either if it goes down or went up.
Btcusdt still bullish till 32700 or 32900 because Best and A big signal for You
Btcusdt Still bullish till 32700 or 32900
because here we found
1: Deep crab Pattern wich is in Process to complete is D it ll be 1.62 wich is perfect area of nearby 32700 posible it can be 32900
2: another thing is our previous upper Trendline is nearby 32700 it can pushed by a wick 32900
3: on weekly Time frame 33000 is our Wave 1 so now we are in Wave 4 if it happen then our wave 1 cant touch the wave
perfect short ll be 32700 or near by 32900 our stop loss must be 33050
#BTC #btcsoaring #Binance #dyor #btcupdate
Bitcoin -> Time For The Next RallyHello Traders,
welcome to this free and educational multi-timeframe technical analysis.
On the weekly timeframe you can see that Bitcoin is actually approaching a quite obvious previous weekly support zone which is now turned resistance exactly at the HKEX:32 ,000 level.
However you can also see that weekly market structure is still bullish, moving averages are bullish and in my opinion we already created the bottom of the bear market, so I am now just waiting for a deeper push into the HKEX:32 ,000 resistance before I then do expect a short term rejection towards the downside.
On the daily timeframe you can see that we are back to bullish market structure on Bitcoin, we also broke above a previous daily resistance at the HKEX:29 ,000 area so I am now just waiting for a retest of this previous structure and then I do expect a next short term rally 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:
BTCUSD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
BTCUSDT at support, likely to heaed towards 29490We see the price has tapped into the last demand zone which pushed the price to 29800 level. I think this area can be good for the price to bounce for a long trade. The probability favors a long here for the target of 29490.
BTC can STILL BE BULLISH after 50% dropHi Traders, Investors and Speculators of the Charts 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year.
Before you panic, make sure you check out this idea of yesterday on Elliot Wave Theory analysis :
From the video analysis on Bitcoin, we've confirmed that the bearish cycle is over and a new wave is starting. It's not uncommon for the price to drop 50% during wave 1 of the 12345 Waves. From a macro perspective, the price will still be in an uptrend. Note that this doesn't happen in a day, or even in a week but over a coupe of weeks, sometimes even 2-3 months where it seems like BTC is not going anywhere and the weak hands are shaken up before the parabolic run which is Wave 3.
I believe Wave 2 starts when CryptoCheck START v3.5 flashes a sell:
You can swing trade the Elliot waves in wave 2, but be ready when wave 3 arrives so that you won't find yourself positionless during a parabolic run.
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Btc Most Probably BTC's inverse head and shoulders pattern breakout was already confirmed. However, it appears that BTC is facing difficulty breaking the 30k level for now, In the event of another rejection, it is possible that BTC will once again retest the breakout level.
As long as btc price is below 32k, 25500 is possible
Market depend on btc trade carefully
BTC update, SMC...Hello traders, I posted a chart for BTC and we had 2 Scenarios, first one was to pull back and retest to 30k again from the support level of 27.1k and next one was 26k zone...
and first Scenario is activated, and now we should wait for a rejection from 31k or 32.4k before opening short positions...
and targets are 26.5k, 23.9k, 20.5k with stop loss of 33k...
and best entry zone is 30.4-32.4k depends on where and what price we get the rejection....
enjoy trading <3
#BTC next target is 34k!#BTC UPDATE
BTC is making this bullish flag pattern and is currently at the lower level of this pattern and is at 200MA support.
(Basic info about the pattern)
The bull flag pattern is a continuation chart pattern that facilitates an extension of the uptrend. The price action consolidates within the two parallel trend lines in the opposite direction of the uptrend, before breaking out and continuing the uptrend.
According to the pattern we can expect a 12% bounce after the break out of this pattern which is around 34k.
RSI is showing some bullish divergence moves in the short term.
Stay tuned I will keep updating
This chart is likely to help you make better trade decisions if it does consider upvoting it.
I would also love to know your charts and views in the comment section.
Thank you
BTCUSD - LONG Potential 1578 ProfitMarket entry at 28368 target 30400
BTCUSD has bounced off its support at 26800 mark, lets see if it reaches resistane soon
Bitcoin short-term target 28800!1h time frame
-
Bitcoin will probably create a potential inverse head and shoulders here, which neckline is 27880.
If this structure perfectly form, the target will be 28700~28800.
BITCOIN long-term update (more gain expected) 💣🚀Hello 🐋
bitcoin in long-term overview
we have great daily support zone close to $23000 to $26000 level, we expect to see more gain and pump for the price at least close to $32000 resistance 💣🚀💣
besides
the range market is acceptable scenario too 📖💡
if
we lose our support level we will see correction at least 19000 to $21000 area ❌🧨
👌 Notice: pay attention to the price on shortcut chart (located above the main chart with black colour) 📖💡
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
BTCUSDT hit the bottom of the daily support rangeThe price visited the bottom of the range which is my preferred zone for long as mentioned in the last post. As expected, the bounce from that bottom seems to be good. However, I missed the entry as did not have any order open. But I have this plan for long if filled. Target as mentioned in the original post should be 28336.
BTC LONGHello Guys. I hope you are fine!,
here I will tell you my opinion in Bitcoin Price if you are interested then you are welcome to use it.
my opinion that we go to 25500$/28000$/30000$ and then back to 20000$ or 19000$. that we touch 20000$ and 19000$ is 90% (I want to say 100% but since in technical analysis 100% is funny because you don't know what will happen 100%, that's why I say 90% 😜) because we have CME gap but unfortunately how high we go I can't say exactly which but you can 25500-28000-30000, keep an eye on it.
Thank you and stay healthy!
#BTC/USDT Weekly Update. Keeping it simple.#BTC :- Weekly close below $28k, ($27500).
This doesn't look good tbh but we haven't seen a confirmation yet.
The current weekly candle is important.
Close below $27500 and I will consider flipping a decent portfolio size into USDT.
Close above the $28.3k, I will analyze the chart again.
The previous Daily Chart didn't invalidate yet. We haven't closed below $27154.
This week could mostly be sideways followed by a move during the weekends.
Let me know what you think and do hit the like button to support my content.
Thank you
#PEACE
BTC Going downClearly seems supply is in control, very likely we will have another leg down (A measured move) which looks to be an important demand zone.
NFA
LONG ON BITCOIN : DO YOU AGREE ?As you can see the price is going towards 25000 and inside the order block if this order block is respected we could expect a market structure shift, we will be expecting that on 1-hour timeframe if that happened I'll go lower (15 or 5 min) and look for one entry to target the imbalanced at 30000 because we might expect a retracement from 30000 level also if 25000 order block is not respected we can expect the price to move towards 22,000 and respect the imbalance inside the order block and expect a move towards 30,000, so these are my two scenarios depending on how it happens...
*** Sorry I had to repost this, I didn't know I can only post personal links if my plan is above the Pro plan, thereby violating the house rule ***
Please click on the like button, and subscribe if you are liking this my analysis so far, it gives me some level of motivation... let's learn together
NOTE: DYOR IF YOU WANT TO ENGAGE IN THIS TRADE WITH MY ANALYSIS THIS IS NOT A SIGNAL
TIME FRAME: 12H
DATE: 22nd April 2023
Btc movement predictionit's been a while to analyse BTC
I drew it through the past chart pattern.
thx
BTCUSDT at daily support but demand is dismalThe price is at daily support but the demand really is dismal. This zone should be a good buy zone but the appropriate reaction is not seen from this zone. Price is holding here but there is no bounce. Such support should have given an immediate bounce instead of just holding the price. I am tempted to take a long here but giving it a second thought because of this poor reaction of the support. If not now then I will try one from the bottom of this range if it goes there.
