1-BTCUSD
Bitcoin BTC daily trend line cycleBitcoin BTC daily trend line cycle, the red line is the bottom in the past, breaking the previous support and turning resistance is the position where it will rebound and rise in the future, the vertical line is the future top date, the red hammer is the future top price, and the green line It is the top of the past. Breaking through the previous resistance and changing to support is the position of stepping back on the support now. It has successfully stepped back on the support in the short term, and it has belonged to the breakthrough trend line in the past. When the trend line is broken, it is bullish. When the trend line is stepped back, it is the last up The opportunity for the car, now the opportunity is in front of you, others are afraid to be greedy, and are ready to start a long-term bull market.
bitcoin running sideways in briefI hope all of you guys have made the profit through my long published idea of btc while it was accumulating around 20500$
it jumped around 6000$ from there almost
now talking about the current predicament of the market the mother bitcoin is consolidating if it stays around 23900 zone below this distribution will start
it is advisable for you to not to take any trade cause anytime it can move in any direction
institutions are fearless beware of any stupid analysis of people
take your time then dive into trades directly
it will be good for your PnL
follow for regular feeds
find me anywhere
i will provide you the best information and updates of the market
best of luck
stay tuned for further!
@Cryptoxcountry
Bitcoin BTC on the way to $1 millionThis chart shows the historical price of BTC relative to the 'Bitcoin halving' which happens every 4 years. The halving event creates a supply shock as the issuance of Bitcoin to minders is cut in half. The next halving is scheduled around April, 2024 where BTC issuance will be cut from 6.25 BTC every 10 minutes to 3.125 BTC. Reference the law of supply and demand. When will Bitcoin hit $1 million?
$BTC Price Prediction$BTC exactly jumped from average weighted buying price from the bull (The Blue and Yellow line) and makes 25% move to the upside. Now it is facing resistance where usually swing traders take profit($23.9k - $24.5k), also MFI retesting the bottoms of H&S pattern trendline and RSI upper trendline also being tested. If $BTC breaks these trendlines and crosses $25.5k area then we may se upper targets as mentioned in previous tweets else it is just a bull trap.
Not a financial advice
Trade at your own risk
Bitcoin bybit chart analysis March 13
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Bitcoin 30 minute chart.
This is a long position strategy.
To be precise, it is a short -> long switching or long waiting strategy depending on the Nasdaq situation.
*At the red arrow path
1. 22554 dollars short position / stop loss when orange resistance line or previous high is broken
2. Switch long position at $21,449 / Stop loss when breaking the green support line / Target long position at $23,670
Short-> long switching strategy when reaching section 1 first
If section 2 is reached first, long waiting strategy / orange resistance line -> Top section becomes the target.
Purple support line or green support line from the current position
The point of support (long waiting period) may be the order of job altcoin circulation pumping
I hope you are doing well while watching the Nasdaq movement.
There is no separate indicator announcement from Nasdaq today.
There is a high possibility of crossing
Tomorrow night at 9:30 CPI, even if I'm not there, I hope the operation goes well.
My analysis is for reference only.
I hope you operate safely with principle trading / stop loss essential
After recharging, I
I'll be back next Monday, March 20th
thank you.
Bitcoin bybit chart analysis March 10
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It's a Bitcoinguide.
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This is a one-way long position strategy on the 30-minute chart.
The vertical decline has progressed to some extent.
Today at 10:30, there are too many Nasdaq indicator announcements and branching points.
It is said that the indicator announcement at 10:30 is an important indicator with a name.
Please note.
To put it simply,
Bitcoin is best off not touching the green support line until next Monday.
It's because of the weekly chart candle.
The lowest true wave support line is ,
It would be nice to see it as the last line of support for Bitcoin.
So far, there is no justification for raising it.
The tone is thick, the signal is off
Because it touched the downside first based on the 30-minute chart
The downside is open and further declines are possible.
If, from today's breakout of the purple support line,
You need to prepare for the purple finger section at the bottom.
Gap2 retracement came out in the afternoon, and in preparation for the possibility of good news on the NASDAQ today
I focused on the arrow movement path.
*At the red arrow path
long position strategy
1. 19806.5 dollar long position / stop loss when breaking the green support line
20622 dollars 1st target -> 2nd target top price by the weekend -> 3rd target Great section
(Short-term traders can challenge both directions as much as they can.
My analysis is for reference only.
I hope you operate safely with principle trading / stop loss essential
thank you.
$BTC Bearish DivergenceIn daily timeframe we can see there is a bearish divergence, which can drops bitcoin in 20000-19000$ range, if played out. Money flow index also in making head and shoulders pattern. We can expect a small leg up to complete H&S pattern and then dump in price. So guys trade carefully.
Not a financial advice
Trade at your own risk
Bitcoin bybit chart analysis March 9
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It's a Bitcoinguide.
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You can receive comment notifications on real-time travel routes and major sections.
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Bitcoin 30 minute chart.
It's a one-way neutral strategy.
There are no particularly dangerous signs,
It is in a downtrend, and I bet on the possibility that it will be shaken enough according to the Nasdaq movement.
*In light blue finger movement path
Short -> Long Switching Strategy
1. Entry into short position at $21762 / stop loss when pink resistance line is broken
2. Switch long position at $21319 / stop loss when green support line completely breaks or major Bollinger band support line breaks / final long position target at $21985
Keep an eye on the Nasdaq movement.
There is one thing I would like to ask you.
misunderstanding the analysis itself, or
It seems that there are people who leave comments without reading the article itself.
The reason I write analysis articles every day is not that the long, short, and neutral directions are right, but
Please use my analysis
According to the target section of the support resistance line, it is said to be used for each position, long and short.
I don't want to talk about whether it's right or wrong based on any standard.
I hope that those who are actually trading can refer to it and help.
My analysis is for reference only.
Please operate safely as principle trading / stop loss is essential.
thank you.
Bitcoin bybit chart analysis March 8
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It's a Bitcoinguide.
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If my analysis is helpful,
I would like one booster button at the bottom, please.
Bitcoin 30 minute chart.
It is an arrow movement path one-way long position strategy.
Because there is an announcement of Powell's testimony at 12 o'clock tonight
In contrast to the variables, the fluctuation range was not large up to the bottom, so I took plenty of stop loss and proceeded.
In the case of the beat, there was a downward wave in the afternoon.
Since the bottom is open,
It is not good if there is an upward wave (touch down and rise).
*At the red arrow path
long position strategy
1. $22064.5 long position / stop loss when breaking the light blue support line
22418 dollars 1st target -> 22551 Top section 2nd target
Nasdaq movement is the most important, so while watching real-time movement
My analysis is for reference only.
Please operate safely as principle trading / stop loss is essential
thank you.
Bitcoin bybit chart analysis March 7
Hello
It's a Bitcoinguide.
If you have a "follower"
You can receive comment notifications on real-time travel routes and major sections.
If my analysis is helpful,
I would like one booster button at the bottom, please.
Bitcoin 30 minute chart.
I'm going to the extreme today, but it's very difficult to analyze.
A slight uptrend is underway.
Somehow, I'm concerned about the Gap section at the bottom.
There is still a very high chance of
Today's up and down fluctuations are not large
There is also a Nasdaq index announcement at 12:00,
We will proceed with the strategy of opening the mouth from the bottom without overdoing it.
I will not proceed with chasing shorts or reverse trades.
Instead, those who operate the spot exchange
At the bottom of the long position entry timing
It might be a good idea to lose your hand in the same way and aim for minor altcoins.
*In light blue finger movement path
long position strategy
1. Entry into long position at $22,147 / Stop loss when breaking the green support line / Target long position at $22,544
According to Nasdaq variables today
In the event of a favorable situation, after breaking through the orange resistance line, you can reach the indicated $22839.5 -> Top price.
My analysis is for reference only.
I hope you operate safely with principle trading / stop loss essential
thank you.
Bitcoin bybit chart analysis March 6
Hello
It's a Bitcoinguide.
If you have a "follower"
You can receive comment notifications on real-time travel routes and major sections.
If my analysis is helpful,
I would like one booster button at the bottom, please.
Bitcoin 30 minute chart.
It is a one-way long position strategy.
Today is a day with many diverging points and a high possibility of sideways movement.
There were many difficulties in the analysis.
When viewed in terms of pattern or gap section
It ended with a moderate right-handed sidewalk.
It is a long waiting strategy at the bottom waiting after sideways movement.
*In light blue finger movement path
long position strategy
1. Entry into long position at $22234 / stop loss when breaking the green support line
-> $22591 long position target
If it rebounds from the current position without adjustment
It can rise up to the top price.
You can rock it up and down in both directions.
Opposite trading or long or short wait strategies seem more advantageous than chase trading.
My analysis is for reference only.
Please operate safely as principle trading / stop loss is essential
thank you.
MFI indicator and how to work with itHello everyone, letit is in touch and today we want to tell you about one very cool indicator.
MFI - (money flow index) is a technical indicator designed to demonstrate the intensity with which money is invested in a security and withdrawn from it by analyzing trading volumes and the ratio of typical prices of periods.
it shows how attractive the asset looks. That is, the degree of intensity of investing money in it. At the same time, only the dynamics of the indicator is important, its value at a particular moment in itself does not matter much.
That is, speaking in simple terms, there is a similarity with rsi, but here it is not so strict in terms of divergences and convergences.
The indicator simply shows the discrepancy between the cash flow and the price of an asset.
Now on bitcoin we can see this discrepancy.
We had growth when money left the asset - this is a signal for a fall.
Therefore, the team and I expect the asset to fall to the area of 21500-20200, and from there it will turn around.
Below are some more examples of discrepancies.
If you liked the article, then put a reaction and write a comment - it will help us a lot.
Bitcoin bybit chart analysis March 3
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It's a Bitcoinguide.
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If my analysis is helpful,
I would like one booster button at the bottom, please.
Bitcoin 30 minute chart.
It is a one-way long position strategy.
It seems that the direction will be determined in the middle wave according to the Nasdaq movement.
In the case of maintaining the % purple support line without breaking away, the target is up to the Top -> Great section
Movement within the red resistance line / green support line is sideways
*At the red arrow path
long position strategy
$22368.5 long position entry zone / Stop loss when breaking the green support line / $23431.5 long position target price
Because there is a possibility of a rebound without adjustment
After the initial long entry, we focused only on long positions that were maintained or returned depending on the situation.
For the strategy to be successful, a V-shaped rebound is required.
There should be a strong rise or vertical rise in the Nasdaq.
It should be connected from the 12 o'clock indicator announcement to favorable news and rising waves.
My analysis is for reference only.
Please operate safely as principle trading / stop loss is essential.
You worked hard this week too
thank you.
will this breaks a weekly range? Or higher range as a short?As per the setup it is likely to break a weekly range but testing a higher range might be a Big short for Bitcoin #BTC. Traders don't expect another bull run for a longer accumulation cycle since Bitcoin didn't cycle through enough timeframe to start a longer accumulation cycle.
Bitcoin bybit chart analysis March 2
Hello
It's a Bitcoinguide.
If you have a "follower"
You can receive comment notifications on real-time travel routes and major sections.
If my analysis is helpful,
I would like one booster button at the bottom, please.
Bitcoin 30 -minute chart.
Today, no matter how much I look at
The possibility of sideways is very high.
It will be seen as if there will be a sideways guarantee in the orange resistance line / Sky
As marked, it is the opposite trading neutral strategy.
If you come up, the shot / long when you come down
*Red arrow moving path
Short-> Long Switching Strategy
1. 23606.5 Fall short position entry section / Orange color resistance
2. 23325.5 Bull long position switching
*When the light blue finger movement path
1. 22968 Bull Long Position entry section / Sky blue support
If you are currently entering a long or short,
It would be nice to use it for switching according to the strategy you left.
I simply ask for my analysis.
Principles, please operate safely.
thank you.