Btusdt
BTC - Where to Buy 33kTo be clear, this is not a call for a dump. Hope for the best, plan for the worst (buy the dip).
Bear observations
> strong bearish engulfing pattern
> price moved into extremes > 3 std. deviations
> possibility of mean reversion
Case to buy the dip at the 33k level
> 4 levels of confluence
1. Demand Zone
2. 50% fib retracement level
3. Channel mean
4. EVWMA perfectly lined up with regression channel mean
Excellent level for a heavy reload.
Reminder; this is not a call to short the market.
Buy discounts in this bull market.
🔥BTC may drops to 28K!!! Everything you need to know 👇Hey everyone
At the picture you can see the descending channel of BTC that I'm sure it's accurate. We got many of supports but most of them are not as strong as we need. So we got three support key here which one of them is a very strong static support at 38K and two of them are fan fibonachi level. So the first support that BTC may come back from there is 44K second one that it's very possible for BTC to come back there is a strong resistance and a key level on 38K, but if BTC breaks this level too and keep dropping next key support will be on 28K
Don't use leverage put stop loss and BE CAREFULL about bullish traps
What will happen to bitcoin? 🚨🚨🚨As you see bitcoin is moving inside an ascending triangle. If BTUSDT chart can break top of the tringle the price may go up to 52_54000$ and if the price break the bottom of tringle it may drop to 46_42000$ so got an eye on the chart and sell/buy at good prices
Good luck
BTCUSD - Long & Short TermBTC currently travelling in a upward channel on the short term. I think this has peaked for now, so will be looking for support at approx $10,800, on the way down to bottom of channel.
Think of the longer time frame, that BTC needs to hit support at around $10,300ish (depending on how long it takes) before pushing back up towards the upper limits again.
For what its worth, I think that this bottom line will play support for the remainder of the bull market. EMA's seem to support this.
No crazy divergences spotted.
🅱️ Bitcoin Update (18/9) #BTC $BTC #BTCUSDTBTC is in a short-term uptrend and it is too early to fear.
BTC is on its way back to the 10600$ price zone to retest this zone before rising sharply to break the resistance at 11100$ to move up to the 11500$ zone over the next 3 days.
The 10600$ zone is a very good zone for us to buy either BTC or Long BTC
It is really dangerous if the 10450$ zone is broken.
XBT-USD | BTC-USD | Next Move Update Trading SignalBTC is making Expending diagonal if it respect trend line support. Most probability that we should bounce for E wave because everybody think Wedge break but I've not seen any sign of volume in breakout of trend. so my personal bias is short term bullish lead to 8k because some fundamental support are present about Upcoming Halving News and we can expect big dump after Halving as seen in history. It should complete its pattern by Complete E wave of Rising Wedge.But Everything can be possible in trading so different scenarios are explained in my chart.
Need your Love and Support
Regard:
Crypto Heights
t.me/tradingheights
Bitcoin CME Futures (Break Bullish or Bearish?)Bitcoin CME Futures
Bitcoin is barely trading above 0.5 Fib support level but the 50,100, 200 MA in 1HR TF is acting as resistance.
Price is now trading outside the rising channel and this is not good in the short term. If the Bulls need to continue higher,
BTC needs to break above $7500 and hold it. Otherwise, Bears may have to bring the price down to 0.618 Fib support or even further to 0.786 regions.
Bitcoin SHORTS (Pt2) For Your Entertainment (Bullish Signal???)In our last Bitcoin update we talked about how Bitcoins flash crash can be considered a positive signal for Bitcoin long term. We saw the drop coming, it is easy to call a retrace when momentum is lacking, volume starts to decline and we are facing very strong resistance... So this is no big deal, but nobody expected the drop to be this fast, so why is this happening now?
Who are the market makers trying to trick this time? Bears or bulls?
Let's take a look...
Inverse relation between BTCUSD & SHORTS
We know from experience that each time a flash crash comes for Bitcoin, after long bear action it quickly turns into bull action and we saw just weeks ago how Bitcoin SHORTS decreased by 40%+ in a little more than two weeks.
- Bitcoin -2.24% went down strong, created a higher low.
- SHORTS spiked up, the bears where having their fun.
- As soon as Bitcoin -2.24% decided it needed a corrective up wave.
- SHORTS had their biggest drop since the beginning of their days.
So what comes next?
With SHORTS now near all time high, expect them to go higher a little more, as soon as they reach the top, they might go down and try a new low...
Note: This doesn't mean that Bitcoin will go up or down, I am looking at these points as a signal that combined with additional information can help us better predict where Bitcoin will go next. I love Bitcoin, but in the end, the market will decide its fate.
Beginner tip: Couple this information with your own research and analysis of other amazing / great Trading View members to have a better understanding of what is going on.
Always take it easy, regardless of what is happening and never rush.
Relax, breath deeply and no matter what happens remain calm. Because there is always a second chance... This life is so amazing, that you will have endless opportunities until the day we are no more.
Namaste.
P.S. Alan Masters here... working for you once again.
Have an amazing weekend!