Get started

Btcusdidea

Bitcoin 2D Weak Strength Snapshot1) I'm still waiting for the strength profile to turn green, it turned red on April 3rd 2022 and has not been bullish since (short since then). 2) You can also see that the bears are still in charge and they have not been squeezed yet for the bulls to be back in charge. 3) When you look at the money flow, there is money coming into BTC but for me to become bullish, the money flow needs to be above 0, or positive. For now, the Bitcoin 2D Strength Snapshot is weak: Strength Profile 🔴 Bears in Charge 🔴 Money Flow 🔴 Followers may request a strengthsnapshot of any cryptocurrency , like and follow.
BITSTAMP:BTCUSD
by bodhinium
BTC retrace to 22.800BTC looks like there is a retrace that can reach the price of 22,800 if you look at the existing pattern. On the D1 chart the candle forms a bullish momentum, but all the ichimoku parameters still indicate that the selling pressure is still strong. This retrace is not the start of a bullish trend in my opinion, this is only a retrace with a simple a-b-c pattern, most likely. The kumo cloud still indicates selling pressure, with quite thick volume. Don't be fooled into making a purchase. Well you wait. I'm more focused on determining when it's time for me to enter to short
BITSTAMP:BTCUSD
by Hokusai_FX
BTC/USDT 1hr CHART UPDATE!!Hello, community members welcome to another BTC/USDT chart update. If you find this update helpful, shoot the like button follow and share your views in the comment section. As we can see at this above-mentioned charity BTC is currently on the way to printing an inverted head and shoulder pattern but the right shoulder is still incomplete. Let’s see how BTC performs in upcoming hours and goes in which direction. Formation of an inverse head and shoulder and break above will lead BTC towards the price level of $23k. NOTE: This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments. DO YOUR RESEARCH BEFORE MAKING ANY TRADES. Thank you.
BITSTAMP:BTCUSD
by Domino_Crypto
2
BTCUSDT EFFECTS ON ITS TREND PATTERNSBITCOIN | From july 19,2021 till date, btc has apparently formed three bearish pattern which has been identified on the chart. The head and shoulder pattern has completed its cycle but then btc still continues with bear sentiment due to the breakdown at the resistance level($43.03k) which is the weekly support and the continuous bearish patterns formation. The only save for btc is the third pattern which is the ascending triangle that could prone btc to retest the weekly resistance for the second time,in the event it breaks, a huge uptrend is likely but if gets rejected again, we'd definitely see a nosedive in the whole crypto mkt as btc will look forward to the area that needs to be retested before we see a trend reversal. The minor and key s/r levels have been highlighted on the chart, its advisable to keep tabs on the highlighted areas to be cognizant on the next move to avoid liquidation. Your likes and comments would be much appreciated, you can follow up for more helpful contents and do follow my comment sections too for quick updates...
Short
by Pearl-A
4
BtcusdtBtc hit 18712 from my long and If you are in that trade I expect you to take profit @18700 because generally BTC is bear or bull I can't say but here is what I know $20,000 is broken 😞 Stay away from market for a while. If u are newbie A descending triangle on the hourly chart broke in a downward direction. The target of this triangle breakdown is the $16,700-$17,000 area. There is no strength in the market yet and big liquidations are going on. BTC needs to go above $20,000 to bring some positive momentum. Wait for Monday for the global market opening.
by phenom118