It looks like the BTCUSDT price may start a correction today.
For many, it was a shock that risky assets, such as cryptocurrencies, were growing very actively amid the "banking crisis."
Over the past week, the BTCUSD price gained +30%, and over the previous two weeks, +45%. Such rapid growth was last seen in 2020, when the financial markets were well pumped up...
BTCUSDT 1D,
The price of bitcoin has formed a specific direction on the daily timeframe, the thing is that you don't see a reversal immediately, before reversal we either go sideways and form balance OR we form inside day pattern like we currently witness.
What is inside day?: As you can see, a whole daily candle without breaking lowest low/highest high of the day...
BINANCE:BTCUSDT
COINBASE:BTCUSD
Bitcoin analytical series S01E09
Hello traders, don't forget to risk-free your positions.
Long targets ----> above Green lines.
Short targets ----> below Green lines.
Please share ideas and leave a comment,
Let me know what's your idea.
CrazyS✌
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I WILL NOT CHANGE THIS CHART. See you on MARCH 24 with the chart. That is after the day of FOMC MEETING on March 23.
As a DAY TRADER you will ALWAYS have to adjust and expand/compress your TRENDLINES to get an ACCURATE TREND LINE.
A little ADJUSTMENT to my previous BTC CHART. Even though BTC broke down from previous post's RISING WEDGE and still trading below it,...
Bitcoin/1H is doing a parallel upward channel ( consolidating inside it )
We filled the gap ~28700 but with a doji candle - and has not yet touched it again . these two are sign of weakness for btc meaning down is more promenent
With FOMC tomorrow I think we gonna continue consolidate in that parallel channel today . Some High leverage around 28.4 to take (70M)...
BTC/1H Still in that Parallel Upwards channel
*I FORGOT to mention there is a ascending triangle pattern on btc which I think its jebaiting the longers*
Today is FOMC day where rate hike will be announced and will have huge impact on whole market , not only traditional but crypto as well.
We usually get a move to both side around (%3) liquidating all the high...
This idea is primarily a reflection, like my previous ideas. I want to push my limits. It always fills me with excitement when an exchange rate develops as I expected 1-2 years before.
In my opinion, it is hyped by the FOMC and we cannot expect much from it in the short term. Therefore, the exchange rate may turn down again from the maximum level of 32k dollars...
Ayoo!!! are we parabolic? or is this just a correction ? do we know the difference ? is this really a "bull run" When top ? when do we hedge short ? LOL!- Prevailingnine 3.20.23
According to our free indicator, Fetch Trends, Bitcoin is in a bull market.
The weekly candle turned green for the first time in 60 weeks.
The last time this happened was in may 2019, kicking off the bull market of 2019-2021.
Before that one, Bitcoin turned green in Octobre 2015, which was at the start of the bull market of 2015- end of 2017. The first green...
BTCUSDT 1W,
Do you see these two weekly resistances from above? They are very strong, mostly the $30,000 one. The thing is that the 30K one is very predictable by the majority of people, and if there's one thing that I have learned from trading is that you don't go with the majority, because they lose. We could see a pullback from the 30K but we might also see...
Bitcoin Possible bullish Scenario, Price may go up and touch 100 weekly Moving Avg(MA). also it can go little higher then we can expect some consolidation and pull back to 0.6 fib level.Thanks
Hello @TradingView community. Welcome in @Vestinda Bitcoin price analysis.
Reports about bank collapses, stablecoins, and interest rate increases appear to be powerful enough to increase the price of bitcoin. Well, Bitcoin almost hovers above $28,000 amid banking instability.
On the other side, we discover chart patterns that suggest a market recovery from the...
From now i will have one main idea, and all the ideas as we reach cycle targets for the year will be updated in the thread.
I dont trade short term, keep in mind my ideas are longer term, and its boring.
We wait for the cycles to bottom and we wait once in the trade for the trade to mature.
Fallow, like and boost so you dont miss the updates.
Were on a brick of Inflation against the dollar. If Fed pause their rate hikes. then this Idea will be possible. Im expecting price 31,37,41k in next leg of bitcoin To complete the Wave 5 weekly analysis.
After this wave bitcoin will drop to 17k or below its previous rally zone.
Trade base on your own decissions.
Not financial advice.
as you can see the...
Considering that the macroeconomic situation is currently very volatile and delicate, it is difficult to make predictions. But this is how I see BTC in the mid-term.
I think that first we are going to have a push to the upside and then a big fall. The only thing to see is how high we go before the fall.
Trade safe and remember, don't go against the trend.
Bitcoin/3H doing a parallel upward channel
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We filled the gap from 27.2 to 28.5 and we are holding AT the top of the gap. showing more Bull control than Bear.
This could break to the upside and goes all the way to ~31.7 Or (~292400)
It could also hold it here untill NY market open then dump it to ~26.8 if that...
