Btcusdtforecast
💥BITCOIN TO PUMP HARD - WILL HISTORY REPEAT ITSELF?Please support this idea with a LIKE👍 if you find it useful🥳
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From the first scenario, we can see price fall from the supply zone down to the $40,000 demand region.
Then it started to rise again with a double bottom pattern on a new trend which took it to ATH at $69,000.
Now we have a similar scenario on the current chart. Will history repeat itself?
What do you think?
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BTC DO OR DIE CONDITIONWelcome to this quick update, everyone.
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I also post altcoin setups on Spot, Margin, and Futures.
I have tried my best to bring the best possible outcome in this chart.
As we can see in the chart that BTC is lying on a very important support level but IF BTC BROKE DOWN THIS IMPORTANT SUPPORT LEVEL THEN THE MARKET WILL BE SUPER BEARISH but there are some reasons that BTC is bullish like RSI is in oversold range or making the same pattern like before as previous.
let's see how the daily candle closes.
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BTCUSDTHello everyone, and welcome to my TradingView profile, my name is TRADiNG_Club_ and today I am going to analyze BTC/USDT a full technical analysis on different time frames using a translation of market information While doing so, let me give you a personal opinion about it. The next most likely market movement and helps you find and manage market opportunities.
My thoughts are for those who are interested in improving their financial education.
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BTCUSDT | Good Buy Opportunity.When it comes to the technical analysis of BTCUSDT, right now price is staying near the previous support zone where price got rejected with good pressure. So there is a good chance the price will get rejected from this area again. So you may go long from here by place the stop just below the previous demand zone and target for T1.
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Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Finally BTC can go back over 50k?Yes, I was shorting BTC in December, but that doesn't mean that I think BTC is going to crash all the way down. There is still a high probability to fall below 42k, but for now we could be sitting in a sideways channel and price could easily test the 50k area too. Lots of good news are on the horizon in terms of the crypto market that could easily help the bulls to at least test the 50k area.
4hr chart is looking good, my entry is based on lower timeframes, but time will tell...
So let's see...
BTC for another leg down?So far we failed to stay above the 50k area, and this one could give a small opportunity to take a short trade. Based on the 4rh and 1hr charts we have a potential H&S pattern forming and plenty of space to fall. And I'm still triggered by that long wick from the 4th of December on the weekly charts because in my opinion that one acting like a "magnet" and we still have a fairly big chance to retest the low levels around 42K area.
I tried to take a long trade on this to push further upwards but seems like momentum is falling and so could BTC visit lower levels. I always take the trade with a minimum RR of 1:2 so I hope this one will be good :)
BTC bullish price action confirmed?Since I've just made a nice 1:2 RR trade on BTC, I'm willing to take another one.
This recent move was a nice break above trendlines on the 4hr and on the daily chart. Let's see how it will go from here. We do have a higher level of 52k from the 7th of December so let's see if we can do another test and maybe break that level too.
BTC/USDT 4 HOURS UPDATE Welcome to this quick update, everyone.
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I have tried my best to bring the best possible outcome in this chart .
Sorry for the late guys I know so many people lost there money and I also loss so much money BTC does unexpected move now we have to wait for weekly clossing or need to close upside the $49000
let,s see how weekly candle closes.
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BTCUSDT ready to an ATH, Weekly analyzeThe chart says it all.
BTC has just made a pulback to 3 important line:
The first, a dynamic resistance line from december 2017( white line);
The second, downtrend line(yellow line);
And the third, the supportive line at about 42000$.
So, saturday's btc price falling was just a pulback and we should expect price increase movement up to a new ATH.
Be all profitable.
BTC/USDT 4 HOUR ANALYSIS
Welcome to this quick update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures .
I have tried my best to bring the best possible outcome in this chart .
As i say in previous chart that BTC can bounce from support level of $53700 and it bounce now it is lying on a support and can be rejected or it can pump also Let see how 4 hour candle close.
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BTCUSDT UPDATE Hello friends,
Welcome to our BTCUSDT 4H chart.
As we are seeing in the 4H chart of BTCUSDT that after the formation of Bearish Wedge, the price dropped and after accumulation we see another Ascending Triangle like this.
* If price continues to remain constant then price may hit 67K again which is a resistance.
*If the price comes down by rejecting Support 3 then we can see the price coming down to support 1.
Bullish crossover of 100DMA and 200DMA shows that BTC is making its new high.