BITCOIN CONSOLIDATION & PREPARATION FOR A MILD BOUNCE FROM THE ASCENDING TRENDLINE. Bitcoin has been consolidating on the ascending trendline which had been established over the past 2 months since its price bottomed in mid-June. The move looks to have been completed & relief on CAPITALCOM:BTCUSD price seems to be in the works. RSI The RSI on the 1H is at 30...
Since the rejection on the 1D MA100 five days ago, Bitcoin (BTCUSD) has been on a short-term pull-back which got accelerated yesterday. We covered the short-term outlook with an urgent update yesterday: For long-term traders and investors, the scene is a little different and is best illustrated on the 1W time-frame. This shows the price breaking below the 1W...
Bitcoin (BTCUSD) was rejected on Monday on the 1D MA100 (green trend-line) with the selling accelerating today as the price broke below the 1D MA50 (blue trend-line) for the first time since July 27. This is a critical test for this uptrend as the very stable Channel Up that started after the June 18 Low, is approaching its Higher Lows (bottom) trend-line). **...
Here is my view for BTCUSD on H1. The price could go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Bitcoin (BTCUSD) is trading today on the fourth straight red 1D candle and even though the pull-back is insignificant so far, there is a certain pattern on the 3D time-frame that is worrying. As you see, the 3D RSI hit last week the Lower Highs trend-line that started on January 07 2021 and defined this whole Bear Cycle. This week, we see that 3D RSI turning...
BTCUSD - Rising Wedge - Bitcoin to Fall Bitcoin has formed a rising wedge, Price should fall.
This is a simple Bitcoin (BTCUSD) analysis on the 1M (monthly) time-frame, using two powerful indicators that are often overlooked. Those are the Aroon Oscillator and the Vortex Indicator. The chart illustrated the Fibonacci MAs to give a sense of the long-term Support Zones, a level where we clearly are at now. As you see, every time the Aroon Osc turns sideways...
Bitcoin (BTCUSD) has been trading within a sustainable Channel Up every since the June 18 Low and today hit the 1D MA100 (green trend-line) for the first time since April 21 2022. The trend looks strong considering that the MACD on the 1W time-frame is on a Bullish Cross, however if you are a short/ medium-term trader you should be skeptical of these levels. The...
This is not the first time I use the fractals of the previous Cycles under a certain rules of parameters in order to make a projection. This is by far the best methodology to make long-term projections on Bitcoin (BTCUSD) as its cyclical behavior has been extremely consistent over the years. This time is no different and the dynamic under which I compare the...
Here is my view for BTCUSD on H1. The price could go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Here is my view for BTCUSD on H1. The price could go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
I am pleased to show you guys another one of my fantastic trading predictions, in this prediction I am expecting a dump down to 22-21k$. After there we may dump much more, or we may bounce up and start a rally upwards! I will post an update once we approach 21-22k$ or if the charts show me that we will go up! This is a swing trade, keep low leverage and put your...
👽 BTCUSD 👉 Time to make money 😁 The lower border of the rising channel provides an opportunity to buy on the rebound ❤️ If you find this helpful and want more FREE predictions on TradingView . . . . . Please show your support . . . . . . . . Click the 👍 LIKE button . . . . . . . . . . . Leave your feedback below in the comments! ❤️ I use all my transactions in...
Last week, Bitcoin (BTCUSD) marginally failed to close its 3rd straight bullish 1W (weekly) candle, a feat that hasn't been achieved since the November 08 2021 weekly candle. This isn't ideal as BTC's last big rally (late July - late November 2021) started off with three straight (strong as well) green weeks. Despite this however, there is a growing number of...
Here is my view for BTCUSD on H1. The price could go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Hello traders, Here we can see clearly the next move for BTCUSD, were using LTF for a clearer view of our analysis, while baring in mind its going to be a BULLISH move (uptrend) BUT were still in a BEARISH market, so we have to keep that in our mind while we trading this BULLISH move, Keep a close eye on BTCUSD today, Happy PIP hunting traders
Bitcoin (BTCUSD) has made a confirmed Bearish Cross on MACD on the 1D time-frame. Every such formation within 2022 has so far been extremely bearish, marking a top to a subsequent aggressive price fall. It may be above the 1D MA50 (blue trend-line) and still within a Channel Up but we've seen similar patterns leading to MACD Bearish Crosses, followed by price...