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$BTC overview Just a Reminder - The price is still in a Stage 1 structure, I would like to see a decisive breakout of Stage 1 - Accumulation structure in terms of Price and Volume. This would give me confidence as bitcoin will be transitioned into a Stage 2 - Uptrend Structure. Note - The price has risen up almost vertically for about 60%. Thereby, chances of breakouts are less as of now. And Bitcoin might consolidate more into Stage 1 only. If the breakout occurs then it would be a great opportunity to go long for investors. Traders should be waiting for a better risk reward opportunity.
BITSTAMP:BTCUSD
by nuevatraders
#Bitcoin - thoughts out loud #10.Good afternoon , dear colleagues! I want to continue my opinion and vision of the current situation on the cryptocurrency market on the example of this instrument. I continue to accompany this asset with a subjective vision. In my opinion, a deeper correction is needed to continue the asset's gains. All trading patterns should be searched for on the younger time frames (15 minutes, for example). But in any case, the market will equalize everything, because it is always right . Thank you all for your attention, I wish you success, and remember: Sometimes you win /sometimes you learn .
by WVitalievich
2
Bitcoin Bull Market Back Or Fake Pump?BTC/3H Back to the rising broadening wedge Please Boost,Follow,Comment it MOTIVATES me to do more for real!! Yesterday we were inside a rising wedge but we Also were forming a pennant at the top of the wedge which was a sign of continuation to the upside. we exited the wedge and we went to ~24900 (Touching the top of our rising broadening wedge). there is a resistant ~25214 which it jebaited it and not reached it YET , we could legup and liquidate all the high leverage shorters or crash back down we could also go higher and touch ~28K then start forming a new range between 28k and 25k which is less likely to happen. More liquidity to the downside than upside and that is the reason why we go up with less volueme than we go down. Thanks for watching!
TVC:DXYShort
by pcmonk
#Bitcoin - thoughts out loud #7Good afternoon , dear colleagues! I am pleased to welcome everyone who wants to get acquainted with my vision of the current situation on this assets. Why long? As we discussed in the previous opinion, we saw how the price followed the stop loss. At this stage of the situation, professional operators need to lock in profits and buy the asset at more favorable prices to continue moving up. Due to the stop losses, retail traders fill buy orders and it is possible to re-enter the position for further upward movement, because we need fuel to move further. But there is one thing: if there is not enough demand in this range and professional operators are not interested in continuing to move up, we will most likely see a depreciation of the asset. Dear colleagues, I sincerely thank you all for your attention and wish you success! And remember one thing: "sometimes you win , sometimes you learn ". #Btc
by WVitalievich
#Bitcoin - thoughts out loud #8Good afternoon, dear colleagues! I am pleased to welcome everyone who wants to get acquainted with my vision of the current situation on this assets. After yesterday's impulsive movement, I expect the price of the asset to rise further. Yesterday, we witnessed professional operators testing the strength of the buyer, which was followed by an impulse movement. Today, the area of interest is 21600 - 21700 for further upward movement. But this is not the final price, it may fall even lower, because everything I write here is my subjective opinion, as the market will settle everything by itself, because the market is always right. Dear colleagues, I sincerely thank you all for your attention and wish you success ! And remember one thing: "sometimes you win , sometimes you learn ". #Btc
by WVitalievich
2
BTC Gearing Up!BINANCE:BTCUSDT BTC is in a falling wedge and at support. Has 68% chance to breakout, however, overhead resistance from price structure and 4h 50MA (yellow MA). Break and hold, look to LONG. If the white level is lost look to short but watch for a fake out. The market doesn't have volume, let it provide direction and execute Plan A or Plan B. If you liked this idea or if you have your own opinion about it, write in the comments. The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.
Long
by imr4nkh8n
Bitcoin Forecast & Idea Update 🧐⭐⭐ After the announcement of the US Consumer Price Index rate and the strengthening of the US dollar, the decline in the price of Bitcoin is expected to continue until the end of the week. ------------------------------ 🌸 Risk warning, disclaimer: the above is a personal market judgment based on published information and historical chart data on trading-view, And only a few of these analyzes are my actual trades. I hope Traders consider I am not responsible for your trades and investment decision. ------------------------------ 🌸 Please write any advice or suggestions. Dear friends, request any cryptocurrency pair, currencies pair for forex, and any index that you want to be analyzed and ask any questions. Thanks for your attention
Short
by Arknex
1
BTC UPDATE #BTC UPDATE 5 : In 1D TF symmetrical traingle scenario upper lines always rejected if price hitting CPR lines than we are aware uppper line of symmetrical traingle must also broken around 22000 so even we have impulsive movement in short term than please wait for the price to breakout resistance line before taking any trade but if we are going to get rejection around that area then we can use this opportunity to short the market towards 19000 to 18000 area because Monthly S1 line is target for September Month as discussed in BTC UPDATE 1.
Short
by theprofitstation
BTC UPDATE#BTC UPDATE 2 : In 1W TF very very interesting scenario or can say big warning sign is flashed i mean whenever stoch rsi the orange line crossing above blue line and also stoch rsi side around overbought area after that price of Bitcoin corrective movement in weekly TF. If you will look in chart will be very clear nowsl stoch rsi is already a bearish stoch rsi according to stoch rsi we could be seeing a very very similar scenario just like from past i mean some consolidation and again breaking into downside so that's why the profit station family members even we see some relief rally here in short term it doesn't mean reversing.
COINBASE:BTCUSDShort
by theprofitstation