Btcusdforecast
BTCUSD - Risk Assessment (LOW!) An indicator showing the risk on BTC
Each period in blue down the bottom shows the low of each cycle
Interesting seeing the earlier peaks in red both topping out but the 2022 top is slightly below the top red, this may be an indicator that BTCUSD is becoming less volatile and a more stable asset
Regardless, price is currently within the blue zone, a good buy point
bitcoinLook at my chart, MACD & RSI show divergence. I drew some important lines in RSI, MACD and in the chart, the price broken the orange line in the chart and couldn't breakdown 19000 for 20weeks. I think most of traders waiting for DXY, if it come back down, BTC will start new trend to up. What do you think? tell me about your analysis.
BTCUSD - Long Term Bottom Reversal I have drawn two green trend lines one encompassing the downtrend and one the uptrend that is still forming
A strong bottom formed along the solid white horizontal line allowing for this seamless reversal
This will lead to a consequent disbelief phase and a strong pump upwards out of this current bottom area
Have faith!
Posting relevant Analyses below
BTC still has two not filled gap on CME chartI think sooner or later they supposed to get filled, Actually It's good for healthy market and price action.
maybe price goes lower before touch those gap's, but on my experience CME gap's always get filled.
what do you think? please share your opinion with us
BTC AheadAfter the shrinking of the economy and following the easing measures of the Federal Reserve
Note that the logarithmic order of the prices is shown above
So, with the smallest change on the chart, we see a large change in price
Also, these days with the least price change, we should see more change on the chart
As a result, I don't think Bitcoin will fall below the range of 10 to 8 thousand dollars
The blue lines show the peaks between them and probably the price of Bitcoin will be between 500 thousand and 1 million in 5 years.
Of course, if new economies, wars and political events are not born!!!
Please share your comments :)))
BTCUSDT LONGFor the past few days, this pair has been forming a falling channel, which might be a strong indication that there is a potential strong bullish movement.
If the price breaks out of the channel and retests the upper trendline & close above the 75 EMA, then I will enter my trade at $19200.
My Stop Loss is at $18920, My Tp 1 at 19480, Tp2 at $19760 and TP3 at $20400, near the next resistance zone( which is the upper zone of the ranging market).
So my R:R is 1:3
Remember, risk 1-2% of your account
SELL House & BUY Bitcoin Now 🔥🔥🔥🔥🔥Hello Traders,
frm last few weeks we are seeing significant drop in dollar index and overall global markets are immediately recovering.
This is the perfect time to buy bitcoin, crypto market has already dumped 90-95% and i dont expect any major downfall frm here, if there was downfall to happen it must be happened 3 months ago bt btc sustained well and went in a strong accumulation. now we are seeing hard reversal in top crypto coins which is indicating in December 2022 we are going to see good rally upside.
Bitcoin Halving:
BTC halving is one of the biggest event happens every 4years, next halving will be occurred on 16 April 2024. Just 535 days are remaining before tht we are going to see huge liquidity in the market and global acceptance for crypto. mark my words btc is going to test 100000 USD before halving event.
always have a longterm vision for btc it will never disappoint u.
just waaana say BUY BTC thts yet.....
BTC making Double Bottom on dailyWe have a double bottom on BTC on daily chart which already broke out and currently trying to retest, if this plays out then technical target of this bullish pattern is $22,805.
Another important thing to notice is that we hidden bearish divergence on RSI and MACD under development which will be confirmed at daily closure. Invalidation of this requires BTC to close above $21k and if divergence plays out then we will see sub $20k levels once again.
Bitcoin - It's TIME ⌚ ...Time to Wait Hi Traders, Investors and Speculators 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
I haven't made an update on BTC for a while because well, not much has changed since the last post. Currently trading in a tight range caused by a fight over control between bulls and bears, Bitcoin could really go either direction after the sideways trading. The sideways trading could also still continue for a while, at least until a clear direction is established. For now, the best thing to do - is to be patient and to wait. There are many altcoins presenting excellent opportunities, I'll be focused on those for now. (Check out our previous ideas to see which alts I am referring to).
A really good strategy, is not to force a trade. If the markets are unclear, rather sit it out on the sideline and wait for a clear trading opportunity.
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CryptoCheck
BTC @ Critical Support Level The idea here is about BTC:
Since the last published idea about BTC
Right now we are at a very critical support level on a daily chart with ascending triangle formation. If price moves up we might have a resistance at
20.3K. This week will be crucial and will decide which direction the price is heading.
Points as per TA on a Daily Chart:
1. Ascending Triangle formation & broken out of falling wedge on daily chart as per below:
2. Bullish Cypher pattern completed on a weekly chart & potential trend reversal expected. Long Entry, Stop Loss, Targets are explained detail in the below chart:
3. Sea Pony (Advanced Harmonic pattern) completed on a weekly chart & potential trend reversal expected. Target and pattern explained in detail as per below chart:
4. Current trend from 8th November 2021 till date has formed a falling wedge pattern with Lower Lows (LL), Lower High (LH). The price is very close for breaking out of the trend as explained in the below chart:
5. Trading way below 50 & 200 EMA on daily & Weekly chart.
6. Ichimoku Cloud analysis: Kumo Breakout & Kumo Twist on a Monthly is strong buy, Weekly & daily chart is Strong bearish at the time of publishing.
7. RSI is at 42.89 on a Daily chart, 34.09 on a weekly chart & 41.69 on a Monthly chart at the time of publishing.
8. MACD almost converging towards signal line on daily chart, hopefully it will bounce back above the signal line.
9. Hull Moving average on a Monthly, Weekly is strong buy & daily is sell at the time of publishing.
10. Entry: I would suggest wait for confirmation on long or short entry. Since, unable to know which direction the price is heading. However, keep in watch list for the week & alert for price momentum.
Disclaimer: “The above is an Educational idea only and not any kind of financial or investment advice. So please do your own DD (Due Diligence) before any kind of investment”.
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