BTC IDEABTC Chart in DAILY TF Still BULLISH BIAS if price hold above 24.6k level, Current level now is resting on FIB 61.8%.. In 4H TF Candle Reacting on EMA200 and form Bullish Div in Rsi... Expecting Price Pullback Around 23.6k to 23.9k.. If Candle Creating Bearish Engulfing i set it to SHORT and Take profit 22.3k to 21.5k below...
Btcusdtshort
BTC.D SECRET: 1 StepAhead on ALTS & BTCHi Traders, Investors and Speculators of the Charts 📈📉
In my previous analysis on BTC , I made an update for the near term based on a fractal from 2018. Incase you missed it, here it is:
Today's analysis is a bit more technical, in a 4min video I discuss the relationship observable on the charts between Bitcoin and Altseason. Pulled up on the bottom left is Bitcoin Dominance, BTC.D which gives an indication of where the most money is going (BTC or Alts). Pulled up in the bottom right is the Bitcoin Shorts (BTCUSDSHORTS). By using this chart with BTCUSDT, it can be helpful to identify when the market is considered overbought or oversold, in other words to observe the general market sentiment.
These three charts together give away hidden information about where the price of BTC could be going next.
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BTCUSDT likely to hit previous 4h support zoneBTCUSDT clearly got rejected from the 4h resistance 2 zone marked on the chart. Currently it is struggling to hold the 4h resistance 1 zone from where it broke out and attempted to break next resistance zone. The price will momentarily bounce here as current zone marked as 4h resistance 1 zone will act as a support.However, a next hit to this zone will let the price flow towards the next 4h support area.
BTCUSDT: 28600$ ~ 32000$Hello friends. Looking at the Bitcoin chart, we can see that in an upward trend to reach its monthly base target for its liquidity, it seems that the market giants made this quick move to sell their coins to retailers again. My expectation is path one to $28,600 and I consider it more likely than path two. The target was 2:32,000 thousand, but after that, the market continues to fall.
👀The first target is marked with purple color. and target up to $28,600
👀The second goal is shown with a pink dashed line: $32,000
MANA Head & Shoulders in Print!MANA is sitting in a potential Head and Shoulders pattern with the right shoulder in print.
BTC is bouncing off a SR Flip level so potential upside to 0.81 levels off the falling wave .
On Break and bearish retest of Head and Shoulders neckline, potential downside target to 0.436 levels/zone.
Always have Plan A, Plan B and since fairly high time 4h, chart can be archived in list for multiple moves.
If you liked this idea or if you have your own opinion about it, write in the comments.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.
BTCUSD 30m Short sellingHello guys,
This is a very urgent trade. What are we going to see today is Bitcoin. COINBASE:BTCUSD is coming very fast to continue its resistance level . So speed is very important in this. This is an opportunity to short sell .
Trade safe!
Thanks & Regards,
Alpha Trading Station
BTC - Short strategyBYBIT:BTCUSDT.P
4h time frame
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BTC did a pump after announcing CPI, but still faces the structural resistance (22350~22500)
According to last BTC analysis, we can set final TP at 20900 which is a nice support level to form an inverse HS.
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Entry: 22350~22500
TP: 21200, 20900
SL: if successfully break up this DC(Descending channel)
Bitcoin - Phoenix Ascending Points $19KHi Traders, Investors and Speculators of the Charts 📈📉
According to the trend analyses that we've been watching, we didn't want to see a candle CLOSE UNDER the current support zone of $21700. From a trendline analysis, the next demand zone would only be at $18400. We can confirm this by pulling up two technical indicators : the Phoenix Ascending and the Bollinger Bands. Together, they point to harsh short term selling pressure. Bears have taken control for the immediate term, and according to the BBands, 19K is a next likely stop for the short term.
However, BTC dropping may not be a bad thing.. for altcoins . Check out this idea:
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