Hi Guys We have possibly hit the bottom and here's an idea you may find very interesting that could predict a rough route Bitcoin could take to see new ATH's. THE LONG ROAD AHEAD First off the chart: KRAKEN; WEEKLY; BTC vs USDT. The red, yellow and green lines represent areas of support and resistance. The pink dotted line represents a 50% price point between...
This could be our ticket back to long Bitcoin positions. (Meaning that this could be our ticket back to holding virtually any cryptocurrency and having it again be lucrative in a long position). BTC has once again proven the time-tested adage that when Big B wants to move, the rest of the market like-it or not, is going to be moving with it. --This goes for...
While most traders are warning of bear markets and crypto collapse, it is time for us to zoom out just a little bit. Bitcoin has been trading in a "range" for the best 2 years, and i think this fall will be much less severe than we think it is. My most likely scenario would be a wick under the previous supports, as to grab untouched liquidity from the lower...
because of : 1- FOMC meeting and increasing interest rate 2- bearish trend in 7 month 3- divegence in volume I believe in a drop in price to AT LEAST 30k .
Bitcoin - Intraday - We look to Sell at 37488 (stop at 38202) Daily signals are bearish. We look for a temporary move higher. Previous support at 37500 now becomes resistance. 20 4hour EMA is at 37600. Our profit targets will be 35707 and 35107 Resistance: 36500 / 37500 / 38500 Support: 35500 / 35000 / 32950
We might see a bearish momentum for Bitcoin but how low we can go? Lets talk about Bitcoin on a 5DAY chart and think what can happen next! Best regards,
Bitcoin has been printing bearish momentum for a long time and 50 SMA will be crossing 200 SMA for the 3rd time in Bitcoin price action history. This ended up with brutal downsides in the past and .618 Fibonacci retrecement is waiting for us which is very well respected since December of 2020. If that Fib level can hold, it might be an epic bounce and we might...
⚠️ This is just a public service announcement, really. ⚠️ We are now seeing a test of BTC's historic positive trend. We could either see a huge drop or a HUGE comeback, imminently, God help us all and Godspeed, everyone. ♠️😳🐿
A change of character and a head and shoulder pattern shows a possible short time reversal towards $43000 or even higher.
Hello Traders, The chart says it all, but please read the below info: Bitcoin has experienced three significant rallies in the past. The second one took almost three years, and then we were in a one-year correction phase (almost ~-85% down from the previous ATH). The third rally took the same time frame (considering $69k as the top). If the history repeats...
BINANCE:BTCUSDT Quick update on BTC's price action. Seems like the higher lows structure doesn't want to give up and despite the FUD in almost every market BTC remains neutral. Right now everyone's watching the area around 39 000 = my yellow support line. Once we break it I will exit all my long positions and flip bearish for the next two or three months. My...
As you can follow our valid channel, our next targets are 44k(midline) and 50k(ceiling). Remember take low risk deals to make profit!
this is a small and fast update. this a 2W timeframes. Nothing much to say but a move will come sooner or later. - Notice bounce on EMA50 2W TF. - Notice BB getting thinner Feel free to comments wisely Stay Safe Happy Tr4Ding !
Here is what I see going on with bitcoin. On the 4hr timeframe, we are currently seeing resistance at the 200 ema as well as the ichimoku cloud. The price action is above the ribbon but under the cloud and 200 ema so the price is getting "squeezed" between the resistance/support. 1) Im leaning more towards move #1 but with low confidence. This is based on the...
Bitcoin - Intraday - We look to Buy a break of 41606 (stop at 40978) Posted a bullish Flag formation. A break of 41600 is needed to confirm the outlook. A break of the recent high at 41557 should result in a further move higher. We are trading at oversold extremes. A higher correction is expected. We look for a temporary move higher. Our profit targets...
-- PA Bouncing Off 200 SMA, Positive For A Possible Upside Momentum -- PA MUST BREAK and HOLD above 50 SMA -- Stoch RSI Ticking Upwards -- Positive Volume Coming In, Market Is Buying The Bullish Idea -- Possible Aggressive Entry Zone For A Possible Upside Momentum -- Idea Invalid if PA breaks below 200 SMA
Hi I see BTC still bearish till the support WHITE LINE before accelerating higher (Maybe like the past cycle) Targets: maybe the zone 35000$ - 27000$ Have a nice day!
$BTC PA with strong inverse correlation to $USDT MCap. Interesting potential to consider as a potential indicator or reference when considering BTC directional bias. Worthwhile to monitor/compare on different time frames.