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Btcusdforecast

#BTCUSDT at decisive point. Triple bottom in play?42k is a crucial level for BTC to hold. Triple bottom formation in play. Bullish divergence in RSI. If the triple top in USDT Dominance works out. We are likely to bounce from here. But it's always better to stay extra careful when you are trading a market that never sleeps. Close below $40.9k will tigger a rally towards 38k which has been plotted as scenario (LESS LIKLEY BUT POSSIBLE) Let me know your thoughts. Do hit the like button if you want me to post more of these short updates during unusual market behaviour. Thank you #PEACE
by Cryptorphic
5
BTC giving long-term bearish signsI don't mean to scare away anyone with this analysis but I want to show you some crucial levels which need to HODL for further upside. Let us start with 2D chart, MA50 is very important level here which if btc does not HODL then we are looking at minimum 20% dump in coming month but if this level HODLs and MA200 is reclaimed then welcome the bull market. MACD flipped bearish which I marked with a circle which means that we are going to stay in a downtrend for sometime. Bullish narrative will build ONLY if MA200 is fully reclaimed. On weekly chart, I have market the circle on stochastic which is flipping to a sell signal. Now most importantly we need to look at EMA10, Everytime price broke down from EMA10, It dumped over 39% so we can see that the price seems to be closing below it, If next week candle close below $40K then we are possibly looking at longer period of downtrend.
Short
by NasirCrypto
A massive #Bitcoin bounce is incoming! After Creating This Higher High, Bitcoin Confirmed the Uptrend - Bitcoin Looking to Form a higher Low. Reminder : #Bitcoin still trades in a weekly ( Daily ) Uptrend! EXTREME BULLISH #BITCOIN WEEKLY RETEST! 🚀👇 #Bitcoin Bullish Divergence 4h 🔥 #BITCOIN WILL MOVE BIG WITHIN 24HRS!! 🚀👀 A bounce and break through this line is imminent with the current signals: - 1 hour double bottom - 4 hour falling wedge - 4 hour bullish divergence - Huge weekly support Start with finding confluences with trading 😉
Long
by EagaPavanKumar
1
BTCUSD BUY OPPORTUNITY WITH PRICE ACTIONThe currency is now trading at 43500$ and is trading within a downtrend channel at the time of writing this trade suggestion. The scenario for Bitcoin is ambiguous: on the one hand, a price above the psychological threshold of 40000$ recommends long, but on the other, the declining channel at present levels is beginning to signal sell. However, a little upward advance to the upper boundary of the downtrend channel is anticipated at this time. You can take the level of 44452$ for a sure take profit. This level has a strong resistance region, and the area's trading is unlikely to allow buyers to continue higher in the short term.
BITSTAMP:BTCUSDLong
by FTSCHART
BTC/ USDT .THIS ANALYSIS IS NOT FOR HOLDINGBTC in 2H time frame its in this patterns this is not for holding or long term, just wait for the confirmation to make it short or long and take advantage of the market movement for short time Set your entry and stop loss correctly I do trading based on patterns and breakouts so just be patience for it to enter for short position or long P.s. Today BTC is moving between 44000 and 42750 I do not care if BTC is 10,000 or 100,000 I will just trade it and take profit from market movement ONCE AGAIN THIS IS NOT FOR HOLD OR LONG TERM THIS IS NOT FINANCIAL ADVICE ITS JUST MY PERSONAL OPINION
by tradingwizardtw
Bitcoin- will it become bearish again?After January's low, Bitcoin has started to rise and even has broken above 45k resistance. However, this break has proven to be a false one and after a few days of consolidation above that level, the price has rolled back down under. Looking at the daily posted chart we can see that the rise is corrective in nature, lacks impulse, and is drawing a flag. Now the price is above 43k local resistance and a break here would expose the very important 40k confluence support. A break under 40k would be very bad for bulls and could signal further losses under the previous recent low and even under 30k. Only price back above 46k would change this outlook.
COINBASE:BTCUSDShort
by Mihai_Iacob
17
#BTCUSDT Do not panic, This MA can still save the day!BTC/USDT needed a retracement after weeks of a continuous pump. BTC had finally reached the $44k level support. The 44.5k level happens to be the 21DMA in daily. As long as BTC holds this level daily, a bounce around the 44k level is highly likely. So, it's better to just stay aside and wait for the right time to get into trades. Better stay away from leverage trades when the market is at the decisive point. Hope you keep an eye on this level. INVALIDATION:- This Chart will be invalidated if BTC closes below $41900 which is the lowest level of the green support zone. Note:- A close 38k will ruin this whole bull run. If you like this quick update, follow me to get more updates. Do not forget to hit the like button and share your views in the comment section. Thank you #PEACE
by Cryptorphic
14
#BTCUSDT broke down.. Important Update here...BTCThough we closed below the 21 MA. As said in my last BTC idea, that was the level we needed to hold in daily. Unfortunately BTC broke below that level. Now, the possible area for bounce is around $41900. when you look at the daily chart, This is the lowest BTC can go atm. Though we've got this EMA on 6 hours chart. Multiple candles closes above it so far. Let's see how it plays out. ACTION:- Staying aside for the right time to get into leverage trades. IMHO It's better to wait for the weekly close to come for any solid conclusion. We need a close above the 21W MA. Let me know what you think. Also, If you find it helpful do hit the like button to show your support. Thank you #PEACE
by Cryptorphic
13
BTCUSD 3D - Two scenarios for the Bitcoin price in 2022Today, you will read our thoughts on the possible global movement of the price of the BTCUSDT We noticed that you do not like to read our long texts, and in the current realities of the war in our country, there is not enough time to write, so we will try to be brief and concise. We believe that the current growth phase has not yet ended. Now there is a correction, which gives new good entry points for longs. According to our estimates, if the next month the growth will be low, the slowdown and the trend reversal will form in the area of 52300-53200$. Schematically, this scenario may take place in the first half of May, and the phrase: "Sell in May and go away" will be very relevant. Further can be activated red scenario, which is drawn schematically, and which we will analyze in detail in the future in case of its activation. But if some positive changes happen in the world, which will be able to drive the growth price BTC locomotive higher than $53000 , the next critical point around which it is necessary to be careful with long will be located in the area of $64000 . And this will be a blue scenario, which is also depicted schematically, and we will analyze it in more detail at the rate of its implementation. Write in the comments your thoughts and graphs, as that the possible scenario flow of the price BTCUSD in your opinion And also share your thoughts, which altcoins in your opinion are worthy of attention and investments in the nearest future, and we will make our analysis of them). _______________________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
by P_S_trade
89
BTC UPDATE BTC / USD Unfortunately BTC lost 45k local support area and situation becomes critical But In macro view things are different we still have important levels for watching : First strong support 42k-40k the bulls should hold this area if we want to continue the current bullrun IMO if BTC failed to bounce and closed weekly below 40k then i will consider the last pumps as a trap and then we can test 37k-35k again (much support there + moving average) What do you think ..which pathway will BTC follow ? Don’t forget to like this idea for more analysis
BITSTAMP:BTCUSD
by Babenski
36