BTC Daily Chart - Falling Wedge Pattern - BullishI'm looking here at some BTC chart patterns to give me guidance on the overall crypto market. I see a falling wedge and uptrend. Some say to watch out for the double top (indicated as a dotted red line), but that "top" was back in August of 2022 and that was a totally different macro time. I think they are too far apart to be a double top, it's more like resistance at 25K.Disclosure: I trade and accumulate BTC and alt coins. Our web3 game project CroozeNFT. io is built on the Polygon Blockchain and we are invested in its erc-20 and NFT tokens.
Bitcoinusd
Bitcoin Update - Full AnalysisDear followers,
I have been away from tradingview for some time as I have been focusing entirely on my own private channel, Pro Club. However, I have found the time to offer a full video analysis of what i think is happening with bitcoin right now. I hope you enjoy it.
Those wanting to find out more about Pro Club can visit my website missedamillion.club
Analysis of Bitcoin price / Altcoins /BTC.D and USDT.D dominanceThis trading week may be relatively calm.
Continuing the global idea published last week, we assume that this week will be a sideways movement to the right for Bitcoin price in the range of $22-23k.
$23,000 is a critical level, and if buyers fail to secure the price of BTC above this mark during the week, further decline is inevitable.
The first targets from below are the $20726-21026 trading range for BTCUSDT price.
In our opinion, this trading week can be used for two purposes:
1. Exit from altcoin longs at more favorable prices than they are now
2. Search for potential entry points for shorts. Entering a short can be both for the purpose of a full-fledged trade and for the purpose of hedging your current long positions.
The BTC.D chart shows that Bitcoin's dominance has all the prerequisites for continued growth
USDT.D chart shows that the dominance of stablecoin has a growth potential of +15-20%
Our interpretation of the information from these charts:
"In the worst-case scenario, which we should prepare ourselves for, crypto community members will be moving out of crypto assets to stablecoins. At the same time, the price of BTC may fall much less than the price of other altcoins in %%, as the dominance of BTC will grow. We consider the chance of a -25-50% drop in the prices of most altcoins by the end of March to be quite high."
We also recall that starting from 10.03.2023, the US macroeconomic indicators, which now strongly control "the move direction" of the global financial markets, will begin to be announced in a cascade. There will also be important crypto options expirations at the end of the month.
But we will analyze all this in the next idea for BTCUSD
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Bitcoin: Long at this position
Hello everyone, after a big drop, Bitcoin has been consolidating and today I'm sharing my view on Bitcoin using a 15-minute chart.
As you can see on the chart, there are clear and regular box ranges. Since there are such clear signals, we certainly can't ignore them. I have marked the specifics on the chart, and it will be clearer for you to compare it.
My trading strategy is to buy in the current range of 22300-21800, with a target near 22900-23800. This is relatively certain, and the probability of profit is relatively high .
The reason for this trading strategy is that I believe Bitcoin will rebound to fill the gap created by the recent big drop.
Thank you for your attention and support. I will continue to update my trading strategy. If you have any questions, please leave a comment and I will help you with the most reliable solution in a responsible manner.
Have a great day!
Important Bitcoin Alert🚨IMPORTANT BITCOIN ALERT
1HR Timeframe,
We know that the 0.618 Fibonacci level is full of sell orders at the moment and we will see. It will be very hard to break, a lot of people are trying to catch up with the dump from there. Knowing that Bitcoin is BEARISH on the mid-term timeframe. So I believe that we will see a good short position from there.
LIMIT ORDER that should be set and not forgotten.
Limit: Bitcoin
Leverage: Cross x20
Entry: 22750 - 22868
Targets: 22483 - 22041 - 21057 - 20500
Stop loss: 23212
Nonfinancial advice
"BIG SHORT"probobly in the next two days meanwhile the fed meeting is being held bitcoin starts to goes up and this is best chance for us to find "short" positions.
this crash is gonna be huge and i think we are going to see a new low since 2 years ago.
Short position:
entry: (23575 : 24600)
sl: 24600
tp1:18460
tp2:13930
#BTCUSD - Drop back to 18.5k seems likelyWith a fresh Sell signal from Crypto Tipster v2 on #BITCOIN and a strong descending trend line to push the price downwards, we can see 18.5k coming very soon.
The real question is How Much Lower Will it Go? If at all..
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What Do You Think?
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Crypto Tipster v2
theCrypster
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Bitcoin short-term update - BTC at $24,888 see ideas from Aug 22Bitcoin short-term update
(a) BTC overbought with perfect bounce at $24,888 - see my tweets from August last year👀
(b) correction to bearish target at around $23,455 would be healthy at all🐻
(c) next bullish target at $25,363🐂
Have a great day dear Crypto Nation😎
Let me know your thoughts in the comments🤗
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Disclaimer:
Not financial advice
Do your own research before investing
The content shared is for educational purposes only and is my personal opinion
KINGUSDT ChartCurrently forming Cup and Handle pattern, this coin has got low marketcap, good chance of pumping soon.
BTC/USDT Is comeback possible?BTC just bounced on bottom trend line for 3rd time and apparently it is retreating quite strong. Of course, breaking trendline and dip even further is possible, but is bullish triangle comeback is possible? If bulls pull this off, it could be really huge for crypto market. Wish you the best!
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