BTC Correction ? Hello guys, Noticed Wedge shape on BTC for a long time
it`s very healty to correct back down, although it will be a great chance to BUY on the way !
The most important thing to keep the price above 25K.
My final target should be around 32-35K
Predicting too more the 100% for altcoins.
Hope you enjoy this simple chart.
Disclaimer: BTC nowadays are bullisher than we all think, it might go on without correction, This idea is the best case scenario from my opinion, DON'T TAKE IT AS FINANCIAL ADVICE.
Btcusdtlong
BTCUSD looking to head for BTC$80000+ on MN timeframeGood day traders,
There are several reasons why Bitcoin is expected to reach $80,000 in the next 6 to 9 months. Firstly, Bitcoin has been experiencing a surge in demand from institutional investors, who are increasingly recognizing the potential of Bitcoin as a store of value and a hedge against inflation. This has led to a significant increase in Bitcoin purchases from institutional investors, which is expected to drive up the price of Bitcoin in the coming months.
Secondly, the recent halving of Bitcoin has reduced the supply of new Bitcoins that are being added to the market. This means that there is less Bitcoin available to be purchased, which is expected to drive up the price of Bitcoin as demand for the cryptocurrency continues to increase.
Finally, the ongoing economic uncertainty caused by the the silicon valley bank crash's has led to increased interest in Bitcoin as a safe-haven asset. As governments around the world continue to fight this falling economy, investors are increasingly turning to Bitcoin as a way to protect their wealth and hedge against inflation. This increased demand for Bitcoin is expected to drive up the price of the cryptocurrency in the coming months, potentially pushing it to $80,000 or higher.
Lets have a look at the analysis:
What we see from the technical analysis is that we've spotted an ABCD harmonic trendhike forming, we recently beat our local resistance (marked R1) and we anticipate BTCUSD to meet our R2 sooner than later. This is a great time to buy BTCUSD seeing that the pprice is still fairly low and promises to meet figures above $100K by the end of this year.
Please share your thoughts.
Disclaimer
NASDAQ Guru offers general trading signals that does not take into consideration your own trading experiences, personal objectives and goals, financial means, or risk tolerance.
#BTC ready to go long, pay attention!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome to this chart, Do not consider financial advice.
#BTC WEEKLY UPDATE
This big falling wedge pattern is still in the pay.
(basics info)
what is a falling wedge pattern?
The falling wedge is a bullish pattern. Together with the rising wedge formation, these two create a powerful pattern that signals a change in the trend direction. In general, a falling wedge pattern is considered to be a reversal pattern, although there are examples when it facilitates a continuation of the same trend.
> Important support level is 25k
> BTC Needs to close this weekly candle above $25400
> The volume is increasing, which is a characteristic of a third wave. We could expect a strong bull run in the market as many indicators are showing.
> $25K will now act as strong support as it is broken after large accumulation and will likewise offer great opportunities in case of retracement.
Stay tuned I will keep updating
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I would also love to know your charts and views in the comment section.
Thank you
BTCUSDT to head for weekly resistanceBTCUSDT is moving upward with strong momentum. A weekly resistance is sitting above the price and it is 8%-9% above the current price. Looking at the price action and the resistances on its upward path, it seems likely that the price would target this weekly resistance around 29500-30000 before any pullback and then probably its upward journey to monthly resistance. On 4h time frame it seems, price wants to cool off a bit and if that happens, the price would land on the 4h support zone marked on the chart and very probable a good bounce from there.
Ethereum Ready for $3500 in Coming Months..?Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome to this chart, Do not consider financial advice.
#ETH UPDATE
ETH breakout this symmetrical triangle pattern.
(Basic info)
A symmetrical triangle is a chart pattern characterized by two converging trend lines connecting a series of sequential peaks and troughs. These trend lines should be converging at a roughly equal slope.
According to the pattern we can expect almost 100% bounce from here but we may see a restest of this pattern which is not done yet.
This is the last time to accumulate ETH in this range at CMP to $1660
(DYOR)
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
Btc | What A Weekly Close | Send It Towards 46kBtcusdt
Falling Wedge Brrakout & Retest
Descending Channel Breakout & Retest
Weekly Closing Above 200 Ema
Btc Is Going To Touch 50k In coming Months
Highest Weekly Candle Close since May 2022
Best Weekly Percentage Return since April 2019.
First Weekly Close Above EMA200 since March 2020
<filled> BTC LONG LTF IDEA - 1.62 R:RThis is my analysis and idea only. Do not take this as financial advice, and please do not base any trades based on this chart, or any content I post. These are my thoughts only. Operating in crypto is dangerous and can quickly stack up big losses. Always study, and do your due diligence.
BTC LONG LTF IDEAThis is my analysis and idea only. Do not take this as financial advice, and please do not base any trades based on this chart, or any content I post. These are my thoughts only. Operating in crypto is dangerous and can quickly stack up big losses. Always study, and do your due diligence.
BTC long ideaThis is my analysis and idea only. Do not take this as financial advice, and please do not base any trades based on this chart, or any content I post. These are my thoughts only. Operating in crypto is dangerous and can quickly stack up big losses. Always study, and do your due diligence.
BTCUSDT Buy Setup!BTCUSDT (1D Chart) Technical analysis
BTCUSDT (1D Chart) Currently trading at $18878
Buy level: Above $18800
Stop loss: Below $16100
TP1: $20500
TP2: $22800
TP3: $25000
TP4: $35000
Max Leverage 2x
Always keep Stop loss
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Bitcoin Bullish: Phoenix Asc + BBands🐮Hi 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.
With a three point analysis today, Bitcoin seems bullish from all perspectives. From a trendline analysis, it seems likely for a weekly close above the immediate resistance zone. From a candlestick analysis, we see a strong week for bulls. Furthermore if we take a look at the Bollinger Bands, we see weekly candle closes way above the basis of the BBands, which indicates a bullish market. And for a final conclusion, we take a look t my favorite technical indicator - the Phoenix Ascending. PA is really a great TA indicator because it contains the RSI, EMA, Momentum and the LSMA (which are all pointing to bullish pressure).
Even IF we see consolidation UNDER this zone, in other words sideways trading in a tight range right underneath the turquoise resistance zone , that would still be considered a bullish sing since it indicates that bulls are weakening the resistance zone .
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CryptoCheck
BTC: Follow me, next target is 27K
The cryptocurrency market is one of the panic groups, as many institutions may still deposit with Silicon Valley Bank. With the announcement of the Federal Reserve's bottoming, the sentiment in the cryptocurrency market has stabilized slightly, and the concept of decentralized cryptocurrency has begun to play a safe-haven role as investors' distrust of the traditional banking industry deepens.
Under the dual stimuli of the safe-haven sentiment and the weakening of the US dollar, token prices have made breakthrough progress, and the Bitcoin price has broken through 25,000, a critical level since August 2022, with significant significance in the short-term trend. Bulls are expected to have further opportunities to test 28,000-30,000. If the market can reach 30,000, it will help to establish the real bottom.
Do you remember when we bought at the bottom and went long below 20K and were questioned and ridiculed by countless people? But we were fearless and firm in going long because we had already seen through the washing-out strategy of the main players. First, let all the longs in the market get out, and then rise straight up without giving any reaction time. You can say that this is a conspiracy, but I have already seen through it. The upward trend of the bulls has been established, and congratulations to friends who have followed my layout, that is, following the main players.
In the future market trend, don't think that Bitcoin will have much room for further decline because the main players will not give better opportunities to follow. If you missed the chance before, you can choose to buy Bitcoin near 24K. The next target is 27K, and reaching 30K is only a matter of time. I will also update the latest layout in a timely manner, so please continue to follow.