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Short-term

38 $ KCShello ! lets keep it simple . volume increased which is bullish the chart looks good as well so we got 2 path for next few days Green path : holding 21 support level which was first resistance before breaking it. Red path : losing 21 and start to accumulate below 21 level or at the worst case , testing 17 - 18 $. the only bearish sign is RSI right now ! for reaching to 35 - 38 $ , we need to break 23 level resistance first and next major resistance is around 28 $. breaking 28 $ = moon ..... not financial advice ! stay safe and healthy ..... let me know what do you think and share your ideas and charts thank you.
Long
by coocoolikoo
Bitcoin heading to test 42k supportWe just broke the low trend around 38k that was coming since November. As you can see on the chart we also broke 200 EMA indicator, giving a long sign. Currently heading to test support around 42.6k and in case it breakes we can head fast to 45k on a 9.5% profit since this can be just another short squeeze for it to go back to the low trend canal. Only considering that currently global conflicts won't influence on price prediction. We could go super high or super low at anytime depending on the news ahead. Be careful and don't forget to set your stop limits.
BITSTAMP:BTCUSDLong
by hauptspieler
BTC/USDT on hedging support area @ 37800BTC/USDT on hedging support area @ 37800 Context : After having penetrated 42500 trailing key bullish support - the recent setback reached 39700 alternative support before testing the 61,8% Fibo retracement at 37800 corresponding also to a classic A=C pattern( harmonic) Clearly the market is questioning the behavior of the risk takers present in the Traditional market and crypto market by positionning the market at key hedging support on SNP500 and BTC This kind of configuration is more bullish to be honest because it is the area where an intraday bearish trader on futur will take profit, because it is the inflection level to start a new recovery - however a fail to hold on this support will confirm an extension of the previous bearish trend to 28800 (Long-term strategic support) Tactical to daily view (1 to 3 days - before next 3 weeks) As long as 35800 remains key tactical/daily support and 37800/39800 is acting as entry levels (buy) the market is expected to bouncing off towards 42800 (1 to 3 days) - only a clear break above 42800 in daily close will open 51K Else Breaking below 35800 key tactical support a last downside leg towards the strategic key support at 28800 will occur before starting the multi- weeks significant bullish run expected Enjoy
Long
by JeanJean1983
CAD/JPY Monthly Timeframe AnalisysThe situation that we currently have in the monthly chart is a price over extended. When the price is over extended what we can expect next is a retracement. As well we have an over extended W formation , for the completion of the W pattern we can expect a retracement to the previous leg of the W formation. To measure the retracement use the fibonacci tool. if we take the fibo from low to high you can see that the .382 level is aligned perfectly with the structure and the previous leg of the extended W formation.
Short
by Wiiso
Is the BTC correction over ???Hello dear friends Is the BTC correction over ??? If I want to answer this question honestly, I have to say no yet In addition to the technical reasons presented in the chart, these cases also had an impact on my response 1.An examination of the data within the network shows that the big wallets not only did not take action against the main crawler in the last few days, but were also somewhat of a seller. 2.If we look at the current wave of downtrend, we find that the rise in prices in the last few days is most likely a correction of wave 4 of the current downtrend, so I expect wave 5 to start in a downward direction soon. 3.According to the correction wave rules, the recent price increase is in the form of a three-wave ABC, which reinforces the high probability. 4.The PRZ range marked by the intersection of the 200-day moving average + Fibo 0.618 + the valid dynamic trend line creates a high-pressure zone that can withstand severe downward price volatility. 5.The negative latent divergence shown in the chart can be very strong due to its location in the sales saturation zone. ******Appropriate entry points for supports and resistances according to the chart******* If you like this idea, Please Follow me and do not forget that your likes and comments are very important Thanks dear friends. Be generous and rich.
INDEX:BTCUSDShort
by EhsanMalekII