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BTCUSDC trade ideas

BTC High Volatility expected. Simple and easy chart explained High volatility expected, after attempting to break the downtrend of the last 40 days (blue) 14 times in hourly candles chart, here we go for the 15th. The short term uptrend (yellow) cross the downtrend in the next hours, where the price action must take a decision. The long term uptrend (green) is the strongest support to hold to keep being bullish for the mid term, this line started being a strong support back in march 2020 and have been used as a support/resistance several times since then. - In Bullish scenario: we will break the last 40 days downtrend (we must see 3 or more hourly candles closed above that resistance) and go straight to 36200 zone, then go for the short term uptrend again to gain momentum. If this happens the objective will be the 39000 zone. - In Bearish scenario: we will break short term uptrend to go for the 33200 zone and provably fail again when attempting to break the 40 downtrend for the 16th time. If this happens the price will provably drop to the green line again to search for some liquidity.   BINANCE:BTCUSDT
by Cash77
Bitcoin 2021 bullrun using Beam Bands and Gann FanI decided to use the Gann Fan fib along with the Beam bands to illustrate the possible trend we are seeing with Bitcoin currently. We may have seen the bottom with Bitcoin at the low of $29k level. There has been much fud and talk of the bull run has come to an end but I am of the opposite thinking and believe we are in the middle of this bull trend. I am still, like many in the Bitcoin community, seeing a possible $300k plus target for Bitcoin but years end. We will see.
Long
by altcoinb
5
BTC Head and Shoulder"But this crash give me March, 2020 vibes". Be objective. Use what information the charts give you to make sound judgement calls. This looks to me like a H&S pattern and we know the outcome of those. We failed to reach $42,000 level and the mood in the market is one where retail buyers are exhausted, billionaire accounts are grinning with their mouths wide open and Elon Musk is promoting c*mrocket. The objective? Bright as day. HODL and firm the harsh weathers to come. Or, protect capital to fight another day. BTC and Crypto is still the 'great transfer of wealth' we hoped it would be. Patience is just needed for the time being. RN This chart is in no way meant to be used as financial advice.
Short
by OfficialRoinn