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Btcusdidea

BTC weekly update: which pathway ?BTC / USDT On weekly view BTC is bouncing from 200W EMA and currently is retesting the previous strong S/R This area mainly for watching Scenario 1: Breakout Make strong breakout and close weekly above 36k then we can see new bullish move again Scenario 2 : bearish retest If we see strong rejection here with loss of 28k again this time i think we will head much lower levels Based on reaction here we will know the next move What do you think the most possible scenario ? Share with us in comment section below
BITSTAMP:BTCUSD
by Babenski
21
BTC TO 10000 - 11000 INCOMINGHi there, If we analyse the peaks and retracement in the past, we see that everytime BTC spikes it eventually retrace 100% back down. First major spike in 2017, then in 2018 it went back to its previous value Second spike in 2019, then in 2020 it went back to its previous value. 100% ish retracement Then in Oct 2020, it got very bullish then went all the way to 60000 of course it retraced 50% - 60% before going to 60000. So now it is bearish, we should expect it to go back to 100% retracement i.e. price before Oct 2020. BTC down to 11000 $$$
BITSTAMP:BTCUSDShort
by PositronXY
13
♦️#BTC weekly close ♦️#BTC weekly close in just an matter of an hour here. Close above $30000US will be bulllish in the immediate short term for next coming days volatility to the upside chasing resistances at ranges 34_37k dollars US. 13 hours ago BTC on the other hand playing below the significant support level 30k regaining the support and flipping it can change the game here on the short term. As there is bullish divergence on RSI and MACD also BTC getting above 20MA will be a bullish signal targeting the 34-37k ranges which are resistance above. Do keep in mind we are still in a bear market and these bullish divergences can be negated if Bitcoin breaks further down.
by UnknownUnicorn39416474
BTC: We remain bearish territory?!!Bitcoin Intraday - We look to Sell a break of 28785 (stop at 29436) Primary trend remains bearish. A break of bespoke support at 28800, will open an aggressive bearish move. Daily signals are bearish. There is no clear indication that the downward move is coming to an end. Our profit targets will be 27207 and 26807 Resistance: 30000 / 31000 / 32000 Support: 28800 / 27700 / 27000 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
VANTAGE:BTCUSDShort
by Vantage
5
Is this divergence relevant and BTC will pop?As we all have noticed, recently, BTC is strongly correlated with the stock market, and considering this correlation a true one, one may wonder if the recent divergence is of any relevance? What I mean by this is that looking at the Nas100 chart above we can see that recently, although Nas has made a new low, this was not followed by BTC. Considering that I expect the recent breakdown of support for Nas to be a false one and the index to correct higher could this translate into a pop in BTC's price? More, looking strictly at BTC's chart we can see that after the 25k low, the price is consolidating and is trading in a range between 28500 and 31k A correction in indices could lead to gains for BtcUsd and this can mean a break above 31k resistance. In such a case, BTC can accelerate its gains towards 36-37k horizontal resistance. That being said, I'm bullish BTCUSD at this moment and I will remain so as long as the range's support is intact
COINBASE:BTCUSDLong
by Mihai_Iacob
9
Bitcoin bottoms upAs we all continue to look for a price bottom for #Bitcoin #BTC I have been looking at some alternative indicators One which I found interesting is Ben Cowen's risk indicator which, if history is to go by, has done a pretty good job of indicating the bottom whenever the indicator has turned bright purple falling below 0.20 This has not happened yet which possibly suggest more downside before we see a 'bottom' and I will personally be waiting for this indication before buying Something you will notice is the indicator does not remain below 0.20 or bright purple for long so this will be something that needs to be monitored closely It has also done a good job of identifying the tops and good times to sell whenever the indicator turns yellow/red or goes above 0.80 As always leave a like and let me know what you think
BNC:BLX
by jamesdbarnard
Bitcoin- What I would like to see to open a trade (buy or sell)Yesterday I said that BTC doesn't show any power to the upside, but, even if I'm bearish overall, let's be honest, bears are also dead and lack conviction. So, at this moment, I sit and wait with a clearlettingin my mind: 1. Bullish scenario: What I would like to see for opening a buy trade is a false break under the range's support (28.500) and a strong reversal back inside the range and above 30k. That for me is an indication that bulls are not letting Bitcoin drop and this is accumulation. 2. For a sell trade: Would be exactly the opposite, a false break above 31k resistance and a quick drop around support. That for me is a sign that this was distribution. For the obvious reasons, I will not trade the break in Bitcoin's case at this moment
BITSTAMP:BTCUSD
by Mihai_Iacob
20
BTC: Still under pressure!Bitcoin Intraday - We look to Sell at 30666 (stop at 31424) Daily signals are bearish. 50 4hour EMA is at 30680. Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end. 30974 has been pivotal. Our profit targets will be 28707 and 28207 Resistance: 30000 / 31000 / 31400 Support: 29000 / 28500 / 27800 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’) . Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
VANTAGE:BTCUSDShort
by Vantage
1
Bitcoin Technical AnalysisCandlesticks are the fastest way to show the state of the market in my opinion. Currently, the weekly candle is a bearish candle with antennae appearing, reflecting buying force appearing but selling force still prevails as shown in the body of a very long bearish candle, so the downtrend prevails. It is possible to end this week with a doji before a bearish or bullish candle appears to confirm whether the market continues to decline or rise. Currently BTC price is at 29,000 below the 32,000 support price line. If BTCUSDT price fails to break above $32,000, the bear market continues and BTCUSDT continues towards $19,000. Therefore, we need a financial plan to buy BTC at the best price and a suitable strategy to increase assets.
by PhamNgocTu-Forex