Btcusdtshort
BTC POSSIBLE SHORT TARGETSHello everyone, let's take a look at the BTC to USDT chart on a 1 hour timeframe. As you can see, the price is moving in the local downtrend channel.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 35,917, if the support breaks down, the next one is $ 33,323.
Now let's move from the resistance line, as you can see, the first resistance is $ 36,393, if you can break it, the next resistance will be $ 37,106 and $ 37,646 and $ 38,208.
Looking at the CHOP indicator, we can see that we collected a lot of energy in the 1 hour interval, while the MACD indicator shows that we have turned back with the trend and the next move should be up.
#BTCUSDT Possible area for bounce!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
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Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as FINANCIAL ADVICE.
#BTC UPDATE
BTC is making this big symmetrical triangle pattern and currently, it is losing this lower support.
IMO: Possibly a Liquidation wick is incoming, be careful if you are holding long positions on leverage.
Bulls are likely to get a nice long entry around $35.3k to $35.6k
Let's see how the daily candle closes.
This chart is likely to help you in making better trade decisions if it did consider upvoting this chart.
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Thank you
#BTC UPDATE Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do 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 in this chart, Do not consider it as FINANCIAL ADVICE.
#BTC UPDATE
My previous BTC chart has been invalidated, currently it Breakout this big flag pattern.
Now we have 35k to 34.7 as a support BTC needs to hold this if it will not able to hold the support then it can drop up to 30k.
We need to close the daily candle above 34.9k.
This is the last hope from where we can accept Bounce if it is not able to Bounce then it will drop up to 30k support.
This chart is likely to help you in making better trade decisions if it did consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
BTC/USDT : Second stand of bearish wave!BINANCE:BTCUSDT
Hello everyone 😃
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!
We nailed our last two calls on $BTC and now I'm going to call the third and last mid-term position.
There's a formed supply candle with the order-block formation on candles body.
Also Any break above the zone, Will lead the pair to $39200, and also there's another S/R zone located below.
So based on the data we have, Everything is matched for the next bearish wave!
But the main Idea is coming from our last exclusive Analyzes on weekly TF :
Trading setup :
🔻 Entry Pointes : $36500 - $37000 - $37500
📍Targets : $35000 - $32800 - $30700 - $28800
🟥 Overall stop-loss : $39200 ( Three Candles Close )
📚 If we get caught on SL then, I'll move on and wait for the next Short entry till $42400.
Hope you enjoyed the content I created, You can support us with your likes and comments!
Attention: this isn't financial advice we are just trying to help people with their vision.
Have a good day!
@Helical_Trades
BTCUSDT ShortTime Frame: 4H
Symbol: BTCUSDT
Entry: 39073.00
TP: 35734.70
SL: 41221.79
Bias: Short
BTCUSDT is possessed by a selling trend . Though it shows mediocre chance for going upward, it will ultimately get down to its own established bearish trend. By considering the price pattern of the pair, our bias remains bearish.
BTC makes a correction, has a lot of energy for the next move!Hello everyone, let's take a look at the BTC to USDT chart over the 4 hour timeframe. As you can see, the price is moving in the uptrend channel.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 37,296, if the support breaks down, the next one is $ 34,293.
Now let's move from the resistance line as you can see the first resistance is $ 39,949, if you can break it the next resistance will be $ 41,555 and $ 42,777.
Looking at the CHOP indicator, we can see that we have a lot of energy in the 4-hour interval, be careful in the hours ahead. The MACD indicator confirmed the recent drop in price as the blue line crossed the red one from above.
BTC exclusive long term update: must read!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do 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 in this chart, Do not consider it as FINANCIAL ADVICE.
#BTC LONG-TERM UPDATE:
If you look closely at the first cycle and compare it to subsequent cycles, you will find that the beginning of 2021 was great for Bitcoin because it grew by almost 500% in 3 swings.
If you look at the second cycle, the price has risen at first, but later you realize that this is a trading range. In the trading range, there is a difference between the buyer and the seller.
After the failure of the trading range, the price enters a downward trend for a while and falls about 51%. You may think that this is too much and it is no longer possible for the price to return. In fact, this is not the case. It is necessary for the price and health of the market, although this decline did not happen easily,
This was one of the reasons why fear entered the market and the price entered a downward trend
In the third cycle, the price enters an upward trend. Banks and institutions intensively buy. Finally, the price grows by about 130% during the two ascending swings and forms a new ATH. Finally, buyers tend to buy in the range of 60,000 to 68,000. The dollar is completely lost, and organizations and institutions try to save profits and exit their transactions with a profit. Eventually, the price falls and continues to fall for a period of up to $ 33,000.
Buyers see the price range as an opportunity to invest and buy for a short time. The war between Russia and Ukraine has been going on for nearly two months, plunging the entire financial market into fear. Secured assets, such as gold or oil, are why we are seeing them grow these days
In general, I do not see good conditions for risky financial markets. On the other hand, the price is currently moving within a trading range, which is also a sign of the end of the downtrend and the beginning of a new cycle.
If the price wants to move as it did in the past, we should see an increase in the price of bitcoin in the coming days
This chart is likely to help you in making better trade decisions if it did consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
#Bitcoin Stabilizes, #BTC Resistance Level at $40.5kPast Performance of #Bitcoin
Bitcoin prices are fairly stable at spot rates, swinging within a bear breakout formation as sellers remain firm. Technically, bears have the upper hand provided prices range within last week's trade range, as per the candlestick arrangement in the daily chart. In upcoming sessions, the reaction at $40.5k and around $37.3k—marking this week's lows, would define the short-term trend.
Bitcoin Technical Analysis
BTC is within a bear breakout formation as per the formation in the daily chart, aligning with the lower BB. The inability of BTC bulls to build on recent gains and float above $40.5k is negative for optimistic bulls. The immediate term price action is defined by last week's bear bar of April 26 of which the wide-ranging bar forced BTC lower in a bear breakout pattern. Aggressive, risk-off traders can unload on every retest, targeting $37.3k and later $35k if prices continue dumping in line with last week's trend. Overall, the upside appears limited and bulls exhausted.
What to Expect from #BTC?
The BTCUSDT price action is still in a bear breakout pattern despite solid fundamentals. This overview is valid as prices are below $40.5k and range inside the April 26 candlestick.
Resistance level to watch out for: $40.5k
Support level to watch out for: $37.3k
Disclaimer: Opinions expressed are not investment advice. Do your research.
Bitcoin Roadmap Chapter 5Bitcoin just reached to 200 daily moving average and also the D point of multiple harmonic patterns ! In these prices we see lots of long analysis after the moving average is violated , but I think this is a good place to take a small short position and reduce a little bit of other open long positions that I have , such as Hbar or Doge , see the analysis in description.
Good Luck !