Bitcoin / Euro
The Crypto Fear & Greed Index is now set at extreme fear for the better part of this month... You know what they say, buy when people are fearful. Buy when everybody is thinking to sell. Do the contrary to what the herd does. This is just one signal of of course... Here is another one! When you have such a strong drop as we just had, a bounce tends to take...
Two days ago I said that if Bitcoin could manage to break above 31k resistance it can continue its rise towards important 36k zone resistance. However, as all can see, these days is lack of interest when it comes to Btc and the crypto market in general and Btc couldnțt find power to break above. Technically speaking, we are still in range but the odds are in favor...
Over the past two weeks, we have continued to warn investors about the false rally, which seems to have started losing momentum. Yesterday, we warned that the correction in ETHUSD was nearing its end; then, a few hours later, ETHUSD fell approximately 10%. At the moment, we notice a similar pattern playing out in Bitcoin. Therefore, we would like to voice caution...
Hello TradingView community and my subscribers, please if you like ideas do not forget to support it with your like and comment, thank you so much and we will start. Today I want talk with you about BTC chart. Whales still hold price in big accumulation zone 28500-31500 $ It is difficult to say how long the accumulation will last, but most likely it will end...
The last couple of days / weeks were truly boring. BTC has been stuck inside our gray range, and the last couple of days, that range is contracted to form range within a range. The longer the consolidation, the more aggressive the movement would be after the breakout. So be prepared! The question is... which way? Scenario 1: Trend Reversal For the bulls...
Bitcoin Bears have been in Complete Control Since November 2021 (+60% Correction so far) Seems like Bitcoin is Bottomed out & this is the last DIP Before #BullRun2022 🚀 Bitcoin has been Consolidating in Falling Wedge Since January 2021. Bitcoin Bulls need to Reclaim the 38k Resistance to Confirm the Wedge Breakout..🆙 Keep in mind that Always wait for...
BTCUSD / 1D Hello traders, welcome back to another market breakdown. Bitcoin is trading in a down trend. However, the price is trading above the support level now, and inside a channel. Traders will wait for the triangle to break before start buying. The break of the support line means we might visit the 20k level. Trade safe, Trader Leo.
BTCUSD - Classic bearish setup - Our team expects pullback SUGGESTED TRADE: Swing Trade Sell BTCUSD Entry Point - 29699.3 Stop Loss - 31359.2 Take Profit - 29699.3 Our Risk - 1% Start protection of your profits from higher levels Please, support our analysis with like and comment! ❤️ Please, support our work with like & comment! ❤️
This is positive news. We have another shakeout, the miners, the whales, the market makers are trying to shake people out of their hands but why? It is very likely that Bitcoin is going to move up soon and that's the reason for the long wicks/shakeouts. It also happens to kill LONGs (long-squeeze). Now, Bitcoin can still go lower, move back up and go sideways...
Hi Everyone! It's still a waiting game at present to see if we end up with expansion up or expansion down in the 6-hour and 8-hour time frames. Not much really going on at present to help us determine something for Near to Mid Term. Happy Trading and Stay Awesome! David
During the sideways movement, Bitcoin formed a downward channel. The price is near the lower boundary of the descending channel. When trying to break through the channel, trading volumes increase. I expect that with fixing above the lower border of the channel, the price may reach the resistance level.
Well either my chart indicators are wrong or is it a 2X "Bullish Pennant" has it?
#Bitcoin LTF Update:- #BTC trading in Bearish Pennant. Waiting for Breakout Further Directions Last trade Long Stop Loss Still Not hit. Upward Side Targets Still Same but If Hit Stop Loss Then we can see Recently Low Again.
Morning folks, So, bearish signs are still here. On the daily chart the same pennant that we've discussed last time. On 4H chart market was not even to complete "222" Sell pattern that we've discussed last time. I wouldn't even talk about butterfly and its target around 32 K level. As in the long-term we expect 2500 level on S&P 500 index, our view on BTC...
Welcome traders to today's update on BTC. Let me keep it short and simple. We saw a nice drop on BTC in the last 24 hours but it recovered soon leaving a long wick behind. Once again BTC got rejected from the 21 MA resistance ($29500) and it is setting down towards the $28k support level. Like I said before, until and unless BTC breaks the $30k resistance, we...
Hello all, Sharing with you today is a potential long-term view on Bitcoin which should be of great help in making strong long term investment trading decisions. Considering November 2013 action where Bitcoin achieved a peak of 1116$, this high followed immediately with about 426days (About 1 Year) of bear market which gave out almost 86% drop from the then ATH...
The fall from this morning was a bear trap. Buyers stepped in immediately at $28K and BTC went right back in range. I expect a move up to the mid $30K range ($33K - $37K) within the next week or two.
Having a little browse through charts and there are a lot that think the bear market is over and that the bottom is in. And BTC corrections are very tricky. I can't think of a name with are more difficult corrective chart, at least not outside of crypto. In 2018 I guessed right ( I didn't really know what I was doing then but I did guess right that it would...