Bitcoin / Euro
Hi Everyone! Simply letting you know we are at serious risk of falling down to PROXIMITY of Orange Lower B-Band in this 11-Day time frame. As you can see, the Orange Lower B-Band is currently at $14,4xx. We have 7.5 days remaining in the current 11-Day candle. The 7.5 days remaining includes the 4th of July U.S. Holiday. I simply wanted to inform you of this...
Undoubtedly, the overall sentiment of Bitcoin remains bearish. Taking a look at the recent price movements, we can clearly observe that the price is sitting on a crucial area of support. More to it, the price is trading within the borders of the descending channel illustrated on the graph, and impulsive bullish candles have been able to successfully reject the...
Following the high interest that my most recent analysis on Bitcoin (BTCUSD) and its Cycles comparison attracted, I decided to make one in the same tone on possible rebound scenarios based on the previous Cycle bottoms. Before I begin, I want to make clear that this work is based on the assumption that the current bottom was priced two weeks ago or at least that...
As of now, BTC is trading $20k. This is a very important area of support for a multitude of reasons, so a fall below will naturally be bad for the market. Around a week ago we saw a strong bounce from said support. A daily close below $20k would mean that we've lost the daily uptrend and are not in a higher-high and higher-low scenario. In my view, once we lose...
Bitcoin is moving in the liquidity zone, within the descending channel and is near the lower boundary. Volatility has declined. Trading volume rises when it tests $20 000. Price and RSI have formed a bullish divergence on the 30m Timeframe. I expect that BTC may retest the support level and the lower boundary of the channel, but after fixing in it will start to bounce.
Yesterday, we changed our short-term bias back to bearish from neutral/slightly bullish. Additionally, we set new price targets at 17 500 USD and 15 000 USD, representing approximately an 11% and 24% decline from the current price level. Our bearish medium-term and long-term view is based mainly on fundamental factors like higher interest rates and economic...
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. I started a new series where I will analyze Bitcoin in 1 minute for 500 Days! Let me know if you like the idea. Always follow your trading plan regarding entry, risk management, and trade management. Good Luck!. All Strategies Are Good; If Managed Properly! ~Rich
In This idea I want to bring attention to the fact that we are testing the previous high as in the first-ever bear market for the bitcoin market, and we are also more than halfway to the next bitcoin halving event.
Some experts use such rules as hiking rate = bear market and falling rate = bull market but if we compare the fed rate with the BTC price we can see that the price is not always follow this rule. Trully say in most cases it don`t. Let's dive deeper into it! ______________ 📊THE BULL MARKETS: 1️⃣ 2015-2017 – the rate is growing. 2️⃣ 2018-2019 - the rate isn`t...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. The picture is self-explanatory. We are overall bearish from a long-term perspective trading inside the big dashed channel in black. Inside the black channel, we had the first impulse in red, then a correction in blue, and we are currently inside the second impulse...
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. For now price trades inside rising wedge pattern. Price can draw last upward wave "E" and if you know rising wedge is bearish pattern. Current...
Trading is supposed to be exciting, and it can be. To be successful trading long-term, you need to utterly crush that impulse for daily excitement. Replace it by the lovely feel of banking larger profits on a monthly basis. Look at the BTC chart above. It took 78 days for the weekly to break out of its accumulation pattern to start the 4-5 move. Here we are...
Lets see how this one ages. I've got a good feeling about it. What about you?
Likely yes, 20k can stand. Nobody can predict it for sure but we feel safe to enter Long positions with SL at 19500 at this stage. Bitcoin has been designed to withstand and rise. It remains to be proven once again and seen. It might fail to rise emphatically but even keeping the 20-25k range is ok for now. One Love, the FXPROFESSOR
Here's your weekly update ! Brought to you each weekend with years of track-record history.. Don't forget to hit the like/follow button if you feel like this post deserves it ;) That's the best way to support me and help pushing this content to other users. Kindly, Phil
The same pattern we've been spotting on the Altcoins vs Bitcoin trading pairs that are growing really strong, is also coming up but late on the BTCUSD chart. Please, allow me to entertain you for a few minutes... First, we have a low set 12-May followed by a lower low 18-June. This is accompained by a strong increase in trading volume. We also get divergence...
Hello, Friends! After some time of sending us mixed signals BITCOIN is finally giving us a solid bullish bias And judging by the price action at the lower timeframes The pair is about to go up! BUY! ✅LIKE AND COMMENT MY IDEAS✅
As you can see, from $ 21,300, when I said that there is a possibility of price correction, the price fell more than 6.5% exactly from the range I announced, and now it is trading in the $ 20,000 zone , this Low Swing is confirmed when the price penetrates above 20420, otherwise we go for lower targets!! Last Analysis : Follow us for more analysis & Feel...