BTCUSDC trade ideas
Brace for impactShort term I see a retrace to the middle section of the rising channel, at least.
Pretty confident in this one
BTC/USDC support SSB/TENKAN W a 11k1, HIGH CLOSE W 2019 a 11k4Cela pourrais être un bon point d'entree après avoir franchis la tenkan W, zone travaillée en Août et passant de support à résistance debut septembre.
Cependant la chikou D étant toujours dans le nuage, cela demande confirmation dans le cas ou elle sortirais par le haut du nuage journalier en parallèle de s'affranchir du plus haut cours de cloture hebdomadaire de 2019
BTCUSDC +204%
Charts do NOT predict prices. No form of TA predicts prices. Charts suggest the path of least resistance
Charts provide a means to determine the risk of a trade
Charts offer help in timing
Charts offer POSSIBILITIES, not probabilities and certainly not certainties.
Money management is the key, risk/reward.
Stay safe. Peace
BTC if your long term wait. If your shorter term wait. I see us filling the other side. They can only skew the chart for so long. You run out of buyer interest. Good luck and keep in mind this is only one of a dozen ways to eventually break the top. Longer term wait for 6800.
Time to Buy or Sell the digital assets?The BTC/USDC pair has been trading in a narrow range located between the levels of 11,800 - 11,900 and continues to move within the growth and upward channel. Moving averages indicate a bullish trend. Prices went up from the area between the signal lines as shown by Bollinger Bands Width (BBW) , which indicates pressure from the buyers of the asset and the potential continued growth of the asset’s quoted prices.
This market behavior might indicate a distribution phase close to this year's highs, so it is worth keeping an eye on the level of 11,900. Any violation of this level might lead to a corrective cycle development towards the next technical support seen at the level of 11,600. However, if the bulls will decide to continue buying, the yearly high located at the level of 12,000 is possible to reach very quickly. The next target for bulls is seen at the level of 12,500. The daily time frame chart remains bullish.
The trend on the BTC/USDC pair remains up and there are no signs of a trend reversal, so buy orders are preferred in the mid-term. The next mid-term target for bulls can move above 12,500. The key breakdown of technical support is seen at the level of 11,000.
Just under 11k and then a sharp bounce...We will be in a new trading range for several weeks before another test of $12k. This next one will likely break and go higher though.
Quick Drop to 11,600Looks likely and perhaps lower before a strong push above $12k, in the next two/three months.
Retest 9700-9900 To Fill CME GapMore often than Not if there is a Gap in the CME Futures Charts it will usually be filled one way or another.
Look for a retest of the 9700-9900 levels to fill Gap.
I know, this isn't a CME chart.... Didn't realize until I was almost finished. My apologies.
God Bless Bitcoin BINANCE:BTCUSDC
