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USD-BTC

BTC - 44K SUPPORT WILL BRING BTC to 48K TREND (LONG)Hello trading friends, This is a BTC update depending on the last trends. it's important to have good risk management and goal target. 44K is an important point, same time a whale point, and can be seen as support. For time frame long term - this could be seen as support. most also forgot that we are coming from the 69K trend. We will see how this level will handle the coming time - 44K is very important for the breakout of BTC. This with the backtesting trend of ETN tool expecting. Have a great day. This is not a trading call - manage always your risk.
Long
by watchtrend
2
BITCOIN MAJOR PULLBACK SINCE $69K ATHFollowing a 50% drop from $69k ATH, Bitcoin resume its major deadcat bounce with a 20% increase so far. The market has multiply supply zones (S1, S2, S3) that needs to be invalidated before we change bias to Bullish. I will be looking at short opportunities on the major supply zones. There is no reason to long on short term at the moment. Analysis on price action progress will be uploaded accordingly. Note; The only bullish signal will be a strong uptrend on the weekly.
BITSTAMP:BTCUSDShort
by gasom
3
BTCUSD 8 HourPrice has reached broken support looking left, forming a new lower high here which aligns with the descending trend line. Personally, I am anticipating for price to make one more leg lower to the higher timeframe key level support, where a reversal may occur & buyers may step in to take control again around 30K... However, if price makes a breakout to the upside of this region price is stalling, then we could see the market shift & for buyers to keep pushing price higher.
BITSTAMP:BTCUSD
by Profound_Ambition
1
#Bitcoin's Bull-Run Continuation...Bitcoin wicked down to $40,800 during November, shocking traders and causing extreme fear. With that, came Technical Indicators alerting us to the fact that #Bitcoin was extremely oversold. RSI hit previous support it had when it fell to $30,000 over summer. #Bitcoin is highly resilient and on-chain indicators, supply, historical data, TA. and fundamental analysis, are screaming that #Bitcoin will continue onwards towards $100,000 and maybe even well past that by next summer. Certainly, I don't have a crystal ball and ANYTHING could happen so, this is merely my opinion based on analytics, confluences, and discussion amongst others. This is NFA (Not financial advice)... Bitcoin is going to $150K+ by July '22. Why? - Bitcoin/USD is showing great buy volume on the weekly chart. The bottom seems to have formed near the $40K region (due to liquidation mostly). - Shorts are get destroyed right now, expect a squeeze to push us past key levels of resistance - BTC/USD showing signs of reversal - BTC/USD chart details support and key levels where $BTC has bounced - RSI SMA 14 details simple moving average which $BTC has not fallen below after a rally from the bottom during halving cycle... KEY LEVEL TO WATCH! - RSI has same levels of support as BTC/USD and is showing signs of reversal as well - RSI showing extremely oversold at $40-44K area - Remember, RSI works as a leading indicator... we are just getting started - Market sentiment has improved... F&GI* reaching "fear" levels - WEEKLY MACD showing possible convergence of of bullish cross in coming months - 1D MACD has already signaled a bullish cross... we are far from seeing a bearish cross. I would expect one closer to next summer unless there is FUD Overall, Bitcoin is extremely oversold and 2022 will bring new opportunities for crypto markets (regulation, adoption, awareness, and most importantly, time). DESTINY ARRIVES ALL THE SAME. MERRY CHRISTMAS! PS. Refer to my links to related ideas below to see how these predictions have played out so far :) Enjoy! *F&GI: Fear & Greed Index
BITSTAMP:BTCUSD
by TheJonesPortfolio-100T
2
dxy to the moonnnnnnn November 12th 2021: DXY Refreshing 2021 Tops Weighs on Peers EUR/USD: (Italics: previous analysis) Weekly timeframe: Down 1.0 percent on the week, prime support at $1.1473-1.1583 had its lower wall clipped. As a result, further selling may materialise, targeting a 61.8% Fibonacci retracement at $1.1281 as well as a 1.618% Fibonacci projection from $1.1237. On top of this, price taking out 2nd November low (2020) at $1.1603 suggests the currency pair is transitioning to a downtrend. Daily timeframe: In what was a relatively subdued session Thursday. Europe’s shared currency eked out modest losses against its US counterpart and refreshed year-to-date lows. Fibonacci support derived from $1.1420-1.1460 (comprises a 78.6% Fibonacci retracement and a 1.272% Fibonacci projection) made an entrance. Upstream features trendline resistance, taken from the high $1.2254, shadowed by Quasimodo support-turned resistance at $1.1689. Immediate flow has been trending lower since late May tops at $1.2266. Also confirming downside is the relative strength index (RSI) accepting the 50.00 centreline as indicator resistance since late October. What this tells traders is that momentum is lower (average losses exceeding average gains) and might continue until shaking hands with oversold territory. H4 timeframe: Following Wednesday’s bold losses, bearish forces pulled Thursday to within a stone’s throw of Quasimodo support at $1.1438—joined by a 1.618% Fibonacci expansion at $1.1441, a 1.618% Fibonacci projection coming in from $1.1444 and a 100% Fibonacci projection from $1.1431. Coupled with the daily timeframe’s Fibonacci support at $1.1420-1.1460, H4 support between $1.1431 and $1.1444 could have buyers attempt to establish a floor. Willing bids are likely to zero in on resistance at $1.1495. Continuation moves below H4 support, on the other hand, tips the weight in favour of daily price engulfing its Fibonacci support. H1 timeframe: Out of the relative strength index (RSI), the indicator reveals early bullish divergence (positive momentum: average gains beginning to exceed average losses), despite price action forging fresh troughs in recent hours. Technical space, nonetheless, shows that sub $1.1467 resistance we have scope to take aim at $1.14. Observed Technical Levels: The combination of daily Fibonacci support from $1.1420-1.1460, H4 support between $1.1431 and $1.1444 and the H1 timeframe’s RSI chalking up bullish divergence, echoes a potential short-term recovery. However, recognising the downtrend in this market, any upside attempt may be capped by H1 resistance at $1.1467.
TVC:DXY
by bnb_cake_avax_png_matic