Get started

Btcusdtrade

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
Long
by CRYPTOMOJO_TA
Bitcoin - SHOCKING Similarities to 2018Hi Traders, Investors and Speculators of the Charts 📈📉 In today's analysis as a Bitcoin chart, I take a look at a fractal that played out on Bitcoin during 2017 - 2018. Why this fractal is so relevant despite the obvious similarities, is because it played out after BTC's previous ATH formed. Afterward the bearish cycle was the beginning of the bull cycle that led to BTC's current all time high. We are currently also correcting from BTC's latest ATH and a very similar pattern points to BTCUSDT potentially setting up to make new highs. I believe there is an important balance between trend line analysis / chart analysis, and technical indicator analysis. I find that fractals and trend analysis ( trend lines , support zone and resistance zone , Fibonacci ) is really helpful for longer term, whilst technical indicators such as RSI can be very useful for the shorter term. Important to note that today's analysis is focused on longer term, in other words potentially more than 3 months as the previous fractal also played out over a few months. Since you're here 👀 Check out this idea on XRPUSDT : Have a great weekend 🥂 _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck
COINBASE:BTCUSDLong
by CryptoCheck-
57
#BTC is getting ready for the Big move!!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 UPDATE BTC has completed an inverse head and shoulder pattern, which is technically a strong bullish pattern. As of now, bulls are showing momentum as the bullish volume is expanding, and a solid breakout above the strong horizontal resistance of $25K. we need a daily candle close above it, then it will be the confirmation of the bull run in the market. I would also love to know your charts and views in the comment section. Thank you
Long
by CRYPTOMOJO_TA
2
BTC: the fall is just a prelude to a better rise After Bitcoin fell below 22K, it was not surprising that it fell below 20K. This is something we cannot change, we can only say that the bearish market has temporarily won. However, in my years of trading experience, market trends are formed through continuous fluctuations, and we need to face them rationally. When we started to establish a long-term position to buy Bitcoin, we emphasized that there was strong resistance at 25K, and it is normal to see a retracement during the upward trend. However, the extent of this retracement has exceeded my expectations. But I can only say that the larger the magnitude of the fall, the better the buy point it will provide. Personally, I will buy Bitcoin at a lower price below 20K and plan to hold it for the long term. For those who are optimistic about Bitcoin's future and think it may reach 10K or even lower, please don't rush to refute me, time will be the best answer. I will continue to update my personal operations in the future, but of course, it is only for reference. Friends with small funds or poor trading mentality should not participate.
BITSTAMP:BTCUSDLong
by FlashTrades_
3
Has the BTC's decline finally ended? Following the release of the US NFP and unemployment rate data on Friday, BTC saw a small rebound and is currently trading steadily above 20K. In the short term, it tested support near 19500, and institutional orders continue to suppress BTC prices. Market sentiment remains bearish, and overall trend is sluggish. Some predict that the future trend will fall below 10K, but we will not comment much on these predictions. As I mentioned in a previous article, I have been buying BTC continuously below 20K, and I am currently making a small profit. However, many traders who are bearish on BTC have questioned my strategy. Unfortunately, currently, 80% of the market does not expect BTC to rise in the future due to the large decline that has caused many to lose confidence and shift their outlook from bullish to bearish. However, what I want to say is that the market can only show you what it wants you to see. The significant decline is obviously a large-scale sell-off and washout by the main players, hoping to clear out all long positions and wait until the market believes that there will be no more increase before starting to rebound. My strategy is to continue to build up my position at low levels. However, it is clear that the current decline has not ended yet, and there may be another wave of decline to make more people believe in the strength of the bears before ultimately forming a reversal and catching most people off guard. I will continue to update my long-term strategy, which requires a significant amount of capital and a good mindset to follow the main players. You may have a different opinion, but we let time witness the outcome. Please stay tuned, and I will update my strategy in a timely manner.
BITSTAMP:BTCUSDLong
by FlashTrades_
2
BTCUSDT - the two most likely scenariosHello! The downward movement I predicted one month ago () has taken place. Then I expect one of two scenarios: Fast scenario (A): long-term positions will be formed over the next weeks - two months in the range of 17,200 - 19,700 and a new upward movement will begin in April-May of this year. Scenario (B) is longer and deeper. Long-term positions will form in the range of 15,000 - 18,300 and a new uptrend will begin in the second half of summer - early autumn of this year. There are other scenarios, the probability of which I consider lower than these two. What are your thoughts?
by ZenFunds
BTC:Wait for the turning point Bitcoin is currently in its third consecutive week of decline and has fallen below the 22,000 support level. Given Federal Reserve Chairman Powell's suggestion that interest rates are likely to continue to rise in the foreseeable future, Bitcoin's price has broken below its previous resistance and hit a low of 21,598 US dollars. As the semi-annual monetary policy statement continues to affect market sentiment, both fundamental and technical factors have contributed to the price trend of Bitcoin. Higher interest rates have a negative impact on risk assets, including major cryptocurrencies, because holding cryptocurrencies does not generate interest income. As the commodity channel index (CCI) falls into negative territory, technical indicators suggest that Bitcoin may already be oversold. However, as Bitcoin's price lingers around the next psychological support level of 22,000, breaking below this level could further tilt the price downward. The 21,376 US dollar support level from February lows could become the next support level, but it may also be a new turning point. Nevertheless, it must be admitted that breaking this level could bring market attention back to the 20,000 US dollar level. Therefore, it is advisable to maintain a light position in trading. I have in-depth research on futures products such as cryptocurrencies, foreign exchange, stocks, gold, and crude oil, and I also update some daily trading layouts. Thank you for your attention and likes. If you have any questions, feel free to leave me a message, and I will give you the most prudent advice. I hope I can help you.
Long
by FlashTrades_
4
The characteristics and advantages and disadvantages of BitcoinCurrency Features: Decentralization: Bitcoin is the first distributed virtual currency that is entirely user-driven, without the presence of any central bank. Decentralization ensures the security and freedom of Bitcoin. Global circulation: Bitcoin can be managed on any computer connected to the Internet. Anyone, anywhere in the world, can mine, purchase, sell, or receive Bitcoin. Exclusive ownership: Controlling Bitcoin requires a private key, which can be isolated and stored on any storage medium. No one can access it except the user. Low transaction fees: Bitcoin can be sent out for free, but a transaction fee of about 1 bit cent will be charged for each transaction to ensure faster execution. No hidden costs: As a means of payment from A to B, Bitcoin does not have complex limits and procedures. Payment can be made as long as the recipient's Bitcoin address is known. Cross-platform mining: Users can explore the computing power of different hardware on various platforms. Advantages: 1.Complete decentralization with no issuing agency, and therefore it is impossible to manipulate the issuance of Bitcoin. Its issuance and circulation are achieved through open-source P2P algorithms. 2.Anonymity, tax exemption, and unregulated. 3.Robustness. Bitcoin relies entirely on P2P networks with no issuing center, making it immune to external shutdown. Bitcoin prices may fluctuate and crash, and many governments may declare it illegal, but Bitcoin and its massive P2P network will not disappear. 4.Borderless and cross-border. In cross-border remittances, funds go through layers of foreign exchange control institutions, and transaction records are recorded by multiple parties. However, if Bitcoin is used for transactions, one can directly input the digital address, click the mouse, wait for the P2P network to confirm the transaction, and a large amount of funds will be transferred. There is no need to go through any control institution, nor will any cross-border transaction records be left behind. 5.Difficulty for copycats to survive. Since the Bitcoin algorithm is completely open-source, anyone can download the source code, modify some parameters, and recompile it to create a new P2P currency. However, these copycat currencies are fragile and susceptible to 51% attacks. Anyone who controls 51% of the computing power of a P2P currency network can manipulate transactions and currency values, dealing a devastating blow to the P2P currency. Many copycat currencies die in this stage. The Bitcoin network is robust enough, and the CPU/GPU required to control 51% of the computing power of the Bitcoin network will be astronomical. Disadvantages of Bitcoin 1.Fragility of trading platforms. While the Bitcoin network is robust, Bitcoin trading platforms are fragile. These platforms are typically websites, which are susceptible to hacking attacks or closure by regulatory authorities. 2.Long transaction confirmation times. When installing a Bitcoin wallet for the first time, it can take a significant amount of time to download historical transaction data blocks. Additionally, when transacting with Bitcoin, some time is needed to confirm the accuracy of the data by interacting with the peer-to-peer network, and the transaction is only considered complete after being confirmed by the entire network. 3.Extreme price volatility. Due to the involvement of numerous speculators, the exchange rate between Bitcoin and fiat currencies is highly volatile, making Bitcoin more suitable for speculation than anonymous transactions. 4.Lack of understanding by the general public, and resistance from traditional finance professionals. While active internet users understand the principles of peer-to-peer networks and recognize that Bitcoin cannot be manipulated or controlled artificially, the general public does not understand it, and many people cannot even distinguish between Bitcoin and Q coins. While the absence of an issuing authority is a benefit of Bitcoin, traditional finance professionals see such a currency as worthless.
BITSTAMP:BTCUSDEducation
by Navigation-h
1
Analysis of Bitcoin price / Altcoins /BTC.D and USDT.D dominanceThis trading week may be relatively calm. Continuing the global idea published last week, we assume that this week will be a sideways movement to the right for Bitcoin price in the range of $22-23k. $23,000 is a critical level, and if buyers fail to secure the price of BTC above this mark during the week, further decline is inevitable. The first targets from below are the $20726-21026 trading range for BTCUSDT price. In our opinion, this trading week can be used for two purposes: 1. Exit from altcoin longs at more favorable prices than they are now 2. Search for potential entry points for shorts. Entering a short can be both for the purpose of a full-fledged trade and for the purpose of hedging your current long positions. The BTC.D chart shows that Bitcoin's dominance has all the prerequisites for continued growth USDT.D chart shows that the dominance of stablecoin has a growth potential of +15-20% Our interpretation of the information from these charts: "In the worst-case scenario, which we should prepare ourselves for, crypto community members will be moving out of crypto assets to stablecoins. At the same time, the price of BTC may fall much less than the price of other altcoins in %%, as the dominance of BTC will grow. We consider the chance of a -25-50% drop in the prices of most altcoins by the end of March to be quite high." We also recall that starting from 10.03.2023, the US macroeconomic indicators, which now strongly control "the move direction" of the global financial markets, will begin to be announced in a cascade. There will also be important crypto options expirations at the end of the month. But we will analyze all this in the next idea for BTCUSD In order not to miss it, subscribe to us!) And to motivate us to create content for you, write comments and like the idea!) _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
65