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Btcusdtrading

BTC Nearing a BreakoutBTC has been going through a rocky ride, especially in the last few weeks. There has been a consistent resistance at certain levels (top two trendlines) and the region between the two is the Area Of Value (AOV). For those who may not know what AOV is, it is the region where you can expect to make perfect entries. For now, BTC has run its course and has arrived to a point where the price action has no other way to go except to breakout. Whether it goes up or down depends on the next few days. Expect a breakout by Sunday or Monday. Be sure to cash in. I will update you as I get more signals or patterns that may indicate where the price will go. My guess? It would take a dip!
BITSTAMP:BTCUSD
by sohrabkhanlive86
Bitcoin's Last attempt to ride up?BINANCE:BTCUSDT Hi guys Mr.Karimi here analyzing the BTC future trend. As you can see there are 3 EMA's along with a decent PRICE ACTION level holding the BTC correction. my opinion on bitcoin divides into 2 Scenarios: 1- BTC would hold at this level and the EMA'S would carry the price up to the All time high resistance and then the real market crash starts and rejects the price back to the 31k price it may happen in an impulsive way or an annoyingly long correction trend. However the result would be the same. 2- BTC would rise once more, Break the All time high and retest the new support zone with a pullback. Maybe some consolidation there for some time for BTC to gain more strength. I'll update the idea later to show you guys the results no matter it's a win or loss. What's your insight about the BTC trend? leave your opinion in the comment section.
Long
by Mr-Karimi-ir
BITCOIN!!! FORECAST!!!!!Bitcoin Is still in a Weekly and Daily sell Range between $28800 and $41322. We have a created a Lower high last week. We need a weekly break above $41322 to change trend to the upside on the higher Weekly time frame. Bitcoin still has a lot of work to do to remain bullish, we are still bearish at the minute. There is still a lot of liquidity under $28k. I would like to see $28k get swiped correctly before pushing up to new highs. If we can do this we could see how $100k end of year. We are making Higher highs and higher lows on the lower time frame. This will push us up into the $40k zone. Hopefully we push past that to make new highs. We still have the weekly gap slip to be filled. I believe this price action will gravitate towards this. Long term traders keep buying on the big pullbacks and Hold Short term traders – I believe we could see $48k region Definitely get hit, if $28k can hold. We are still in a combo sell range and in a downtrend on the higher time frames until we get a weekly close above $41322. Be mindful at the back of the Sell ranges. Trade safe and stay consistent.
COINBASE:BTCUSDLong
by Jake-from-the-trading-Cartel
3
BTC very interesting patterns!Hello, I am back with an idea on BTCUSDT pair 2h time frame. Recently, I have been keeping a strong eye on BTC, as alts are mostly hurt and some of them are finding it hard to recover. Last time I shared the idea, we hit our target on BTC. I got two scenarios to mention, both connected with each other: FIRST SCENARIO: As you can see, it has formed a bearish flag at broke out of it. It tells us that we will continue the bear scenario for a while possibly. Even the RSI tells us we keep forming LH as RSI gets higher but it does not have a bullish momentum and power. SECOND SCENARIO- We broke out and we see there a bullish pattern forming after the breakout. When I drew the RSI lines, i saw this pattern form with the movement of BTC. We may see another drop very soon but it seems as everything won't last long and we probably become bullish very soon, in the wedge pattern formed there. As long as we don't break under 26-28k, BTC will soon become very bullish. If we get to stay above 35k, we may see it again try for 40-42k, however it does not help us a lot in the mid term. But it can be profitable if we manage to consolidate in the 35k. But keep an eye on the two scenarios, as things will get very nice in a week or two from now. Trade with patience and time your entries. Good profits can be made even in bear momentums. Hope you enjoy my idea. If you have any comment, you are welcome to share it. :)
by UnknownUnicorn17670525
1