BTC / USDT
What is golden cross ?
“A golden cross occurs when the 50-day moving average (blue) crosses above the 200-day moving average(red). It’s a bullish sign, indicating that the market may be heading toward a longer-term uptrend or bull market”
In BTC history usually when golden cross occurs it turns into bullish market in mid - long term (few exceptions...
Hello TradingView Family / Fellow Traders. This is Richard Nasr, as known as theSignalyst.
I truly appreciate your continuous support everyone!
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All Strategies Are Good; If...
Bitcoin's range trend has led to the formation of a price compression phase, and this limited volatility could continue before a strong move. A bearish trend line was considered on the chart, which if it breaks and holds the $22,500 support, we can again expect the price of Bitcoin to rise. The minor targets of Bitcoin are at the prices of 23,249 and 23,633...
Based on the chart, the price is again in the ascending channel and close to the channel support area , and we expected the retest to be completed ✔️
the price doesn't break the support zone to the downside and just complete the retest, we will see more gain, at least to our upper trend line 💣🚀
we can see more correction to lower support level...
Bitcoin in its ascending channel has almost the same situation as the range trend, which crossed the dynamic resistance of the descending trend line last day by reacting positively to its supports.
The price hit the $23,249 - $23,441 resistance, which was exactly the opposite reaction, and the price made a bearish move in the opposite direction to the trend line...
This is the second bullish fed announcement we have received within a week and yet, the price is exactly where it was before the first announcement. Having consolidated above $22k for almost 3 weeks now, I would have expected us to be much higher than exactly where we started. To make matters worse, you can see where the price action has not broken out of the blue...
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
on H4: Left Chart
As per my last idea, we know that BTC has been stuck inside a range in the shape of a flat rising broadening wedge pattern in red.
Since BTC is now approaching the lower bound (red trendline) we will be looking for trend-following buy setups.
on H1: Right...
After a bullish day yesterday, BTC is seeing bears take over today. As seen on the chart, the dotted purple support appears to be holding, for now.
This support has now been holding for 6 times, chances are that it will hold for another time.
However, if BTC will close the day below this support it might give bears the confidence that there's more pain ahead....
Based on the below conditions :
1) momentum slowing down
2) death cross on the weekly chart.
3) complete rejection - we are still on a bear market.
4) based on the fibs , price will retrace to the 18k level. and a great level of support
be patient.. this is a patient game ! put alert on this price so you can DCAing... 2023 will be an accumulation year.
Price is still near major daily resistance of 240000$ and we can expect a short-term fall here like the red arrows mentioned on the chart.
Long-term we are bullish and we are looking for even targets like 26K$ and 30K$ at least.
DISCLAIMER: ((trade based on your own decision))
Trading psychology is influenced by emotions like greed and fear, which can drive irrational behavior in markets. Greed causes excessive risk-taking and speculation, while fear causes traders to exit positions prematurely or avoid risk. Regret can also cause traders to violate discipline and make trades at peak prices, leading to losses. These emotions can be...
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BTCUSDT broke the bullish flag pattern in the downward direction and expected a retest which is clearly seen in the chart. BTCUSDT might fall to some extent now, so going short with the setup below.
SHORT Entry:- -23312 to...
Ichimoku signals the fall of Bitcoin
Line 103 is a very important line that the price has broken downwards. In addition, you are at the ceiling of the channel. There is a high possibility of falling. It is better to buy at a price of $25,000 or more. It is now time to sell.
🔥Hi, friends! Trend is the most important thing in trading, so you have to know how to identify it and be a successful trader.
In this idea, I will explain to you the most easiest and useful method for trend identification. I know that you haven't heard about that.
📊 THE INSTRUMENTS WE USE TO IDENTIFY THE TREND:
🔥 Fixed Range Volume Profile (FRVP)
🔥 Point of...
Hello, Traders I hope you are well and safe. Today am Discuss #BTC/USD For a Long.
Here is a Full Analysis of #BTC/USD When the price Touch the Support Zone than a Nice opportunity for a Long.
If you have any queries then leave a comment.
Thank you Traders For your Support Like and Follow.
Good afternoon, dear colleagues!
I'm happy to welcome everyone who wants to get acquainted with my vision of the current situation on this instrument.
In my opinion, the distribution phase is coming to an end and we should expect liquidity to be withdrawn in the range of 22022 - 22292. How the price will behave in the future will be seen by the situation,...
Just a bit of a follow up chart with my suggested count for the beginning of this move down.
It is just the beginning of the first wave, so I expect to see prices fall from current levels.
We need to see a fairly decent drop in order to confirm the bearish thesis.
Many may be expecting this move to continue higher therefore it may be a little choppy to begin...