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Bitcoin Bullish Invese H&S Pattern Target is $58000#BITCOIN Inverse H&S Pattern:- #BTC/USDT currently trading at $42200 As Per chart I am expecting some more Downtrend till $39000-$40000 Perfect Right Shoulder bottom could be $40700 But If any Daily Candle close below $40000 then IMO Exit will be good decision. Inverse H&S pattern also Forming at Bottom so High Probably to breakout Upward sideZ If break Yellow Neck Line resistance that mena Bullish Toward $58000 Never Do gambling with High Leverage. Support:- $40000 Resistance:- $44500/$51000/$58000
BITFINEX:BTCUSDLong
by CryptoPatel
3
Bitcoin 25% up from our entry and Still Target is $70k#BITCOIN = $BTCUSDT trading at $44200 = Daily Already closed $41500 as I mentioned. = Big Bearish Sentiment is Now over. = You can Book profit or Move Stop Loss at $40840 = Target Still $70000 = Time Frame for Target could be $end of April/May = Already did 25% from entry and 35% from Bottom. = Keep an eye on $41500 Support level because Strong Resistance Became now Strong Support level. Support:- $41500/$38700 Resistance:- $44600/$51000/$61000 Press Like On Tradingview and Twitter. ❤️❤️❤️
Long
by CryptoPatel
7
Bitcoin | Channel Breakout & MACD Bullish Cross..!! #Bitcoin (Update) 3-days Candle Closed Above the 41k Crucial S/R Level..✅ Descending Channel Upside Breakout Confirmed..✅ MACD Bullish Cross has Also Confirmed.. ✅ Send it Back to $70,000 🏄‍♂️ In Weekly timeframe, RSI is Printing Massive Hidden Bullish Divergence.. Bitcoin Bulls Defended the Weekly EMA100 (35.7k) & Now, Need to Reclaim the EMA50 (44,140) for Further Bullish Wave..!! Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!! Thanks for Your Love & Support..!!
BITSTAMP:BTCUSDLong
by Faibik
12
Bitcoin Re-Distribution in Progress what Next..?Hey folks, Everyone is posting their view through an idea then I thought I should also post my idea( bias) for you guys. Lol, sorry! that's not the truth. Let's read... Sharing my perspective on the recent rally like what things am personally looking and considering right now to reach a final conclusion in trading. After the huge dump or we can call it correction not sure about these phrases, the market created supply on the upside in HTF as well as LTF. After forming a bottom at near 33k, the price showed some strength. Some up-downs and currently at the time writing this price is in the weekly supply as well as in the multi-timeframe supply zones. So what am saying is, we are not sure if this rally is to just fill some supply sitting on the upside or price is going in discovery mode again while continuing its bull run. The fact is am not mentioning any ultra hyped view for both sides in this idea because we are focusing more on the current situation like where we are at currently and what gonna be next for the upcoming days. what you can do is, instead of believing in any biased target, watch yourself and trade accordingly. Sharing the two high probable scenarios of the current market while considering many factors about the market. Yeah! I guess that's enough, haha. Like and share with your mates. Love From #CryptoPatel
BITSTAMP:BTCUSDLong
by CryptoPatel
12
Bitcoin | Rising Wedge Formation & EMA100 Resistance..!! #BTC (update) Rising Wedge Formation in 4h timeframe Chart. Bitcoin Bulls have been Struggling to Regain the EMA100 Resistance (38,7k) Volume has been Continuously Decreasing from last 12 Days. If Wedge Broken Downside, Bitcoin Might Retest the 35,600 Support Area. In Bullish Case, If 4h Candle Closed Above the 39k, Expecting Bullish Wave towards the $44,000 📈 Bulls Need Strength to Clear the 39k Resistance Area..!! Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!! Thanks for Your Love & Support..!!
by Faibik
12
40ozgood afternoon, btc is currently in a pretty tight squeeze the order books are packed out with large buy \ sell orders in this local range. one side is going to lose, and a big move is going to take place. my bias is a move up to 40~40.5k might stay in this squeeze until tonight before it pops. ---- it could very well break down as well, so a tight stop is in place near the bottom of yesterdays daily low. ps. if you have followed along for awhile, you'll know what the hammers on my chart indicate. 🔨🔨🔨🔨
by notoriousbids
5
Bitcoin (BTC) • Macdonals Applications are OpenWe just hit another major support level. Those doing "buy the dip" kind of strategies this seems great opportunity to add to the stack for the long term. I'm certainly buying here. Can we go lower? absolutely. The break of the 40k came faster than expected and open the door for other lower technical levels as we continuously don't see strong fear or bearish sentiment in the market. Volumes on the Weekly and Monthly charts remain unimpressive they don't scream "the bottom" but one important note is that the books on the sell side are extremely thin and this could equally shoot up and leaving everyone behind. Futures are starting showing signs of bullishness but not fully there yet wee need more consolidation and keep sweeing swaps trading bellow spot more aggressively to affect funding rates favourably to longs. We also still missing bullish divergences in most timeframes as well as breaking some structural trendlines on top of price or even the RSI. A reminder that my views are just hypothesis and they are obviously subjective so take everything I say with grain of salt. If you interested in getting access to same scripts I use myself use the link down bellow in the signature for exclusivity and paid access OR alternatively check my published script library where you will find plenty of free scripts.
COINBASE:BTCUSD
by D7R
9
We call this Max Pain First we pump to damn near previous ATH. Retail who is currently panic selling and shitting their pants are in disbelief, they FOMO in and provide us with exit liquidity. We proceed to print a nasty head and shoulders on the weekly and then its goblin town. The past, the present and the future occur simultaneously. Everything that is always has been and always will be. As always, my memories are from the future. We'll talk again when time catches up.
BITMEX:XBTLong
by blockchaingod
6
Bitcoin | Finally, Bulls Showing Some Strength..!! #BTC (update) Bitcoin Bears have been in Complete Control but Yesterday Bulls have Showed Some Strength.. 9th TD Buy candle Spotted in 1D timeframe.. Expecting a Relief Rally towards the 40k S/R Level..!! Weekly Candle Closed Above the EMA100 (35.5k) & inside the Channel 📈 FYI, Bitcoin had lost the Weekly EMA100 just 3 times in Past 9 Years.. DEC 2014 : -59% in 5 Weeks NOV 2018 : -46% in 4 Weeks MAR 2020 :-45% in 2 weeks Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!! Thanks for Your Love & Support..!!
Long
by Faibik
2
BTCUSD: 50W MA Says Bear Market May Be UnderwayHey All! The market seems to be stuck in a weird spot! Using past data and history, i found a shocking similarity between now and the end of the other 2 bull runs. Put simply: Price tops. Price drops down to 50W MA. Price bounces off 50W MA. Price falls back down to 50W MA. Price breaks 50W MA and tests it as resistance. Bear market begins. The ONLY difference now, is after BTC bounced off the 50W MA the first time, it made a slightly higher high than in the past two bull runs. Besides that, using this logic, BTC is currently in a bear market. Using major support levels, 38k MUST HOLD or theres much higher chance it is bear market (Using TA). As always, this is not financial advice, just simply sharing my opinion for entertainment! Please comment and like! Thank you!
BITSTAMP:BTCUSD
by traderview2
2