1-BTCUSD
BTC ANALYSIS#BTC UDATE.
#BTC has perfectly bounced back from the yellow box support and is looking to test the red box resistance area again,if btc manages to close above the red box area then the pink box will be the next resistance for btc.Note that btc dump is still not over,in case btc loses the yelow box support area we will see dump again.
BTC ANALYSIS#BTC UPDATE.
#BTC is now trading above the daily support after closing below the green box support area.The move not complete yet and btc might again test or close below the the green box support area and if btrc close below to the green box area we might see huge dump but for that move we have to wait fior the daily close.
BTC ANALYSIS#BTC is currently trading at the very bottom of the huge support level that is the purple box area and break below and close below this level could be huge for btc and the alts.Expecting huge swing moves below and on the current support level.Be careful with alts trades in btc and alts as well.
BTC/USD - Weekly OverviewThe past week for BTC was of strong consolidation and diminishing volume. The price level constantly tested the resistance level at the 0.236 FIB level.
The RSI level has again formulated a rising channel pattern on the chart. However, the impact on the BTC price was minimal as compared to the rise in the RSI level
The MACD level is still attempting to cross above the histogram. Overall, BTC is facing significant resistance at $17K and $18K thereafter. On the support side, $16K and $15K are the levels to watch out for.
BTC UPDATE #BTC UPDATE.
#BTC is still trading in the accumulation range in the green box area, red box is still a very strong resistance for BTC. We saw same volatile move in the red box area and in future we might see these kind of moves in the red box area resistance zone so again I wanted to remind you guys, do not trade in the green box range. Trade above the red box area only on confirmation.
#BTCUSD it's possible to buy#BTCUSD waiting for retracement and Price trading in nearby 4hr support area and waiting for bullish candlesticks formed it will take entry for above the bullish candlestick and it will go for the next level of resistance
Why we like it:
Price is trading in nearby 4hr support area
Waiting for bullish candlesticks formed
possible to move the next resistance area
1st support:
14050
Next Zone area & horizontal swing Low support
1st Resistance
24400
Zone area & horizontal swing high resistance
Pitchfork Analysis Lowest points are approximately 12,000 - 13,000 and peak points are approximately 20,000 - 22,000
Be very careful in your entry and exit as BTC is being heavily manipulated in 1hr timeframe candles since the beginning of this month.
**Take entry on crucial levels of price action only and double check using indicators
BTCUSD Bybit Chart Analysis December 22
Hello.
“Make it simple, make profit”
It’s BitcoinGuide.
Don’t forget to
“Follow” me and press “Likes”.
If you "follow" press,
Only 30 Min chart ,
In real time, you can check major sections and move,
Real-time "update I dea" can be checked.
I will begin BTCUSD Bybit Bitcoin Chart Analysis for December 22.
Bitcoin 4 hour chart.
Today's approximate top price and bottom price are displayed.
centered around the purple support line
Red upward / sky blue downward movement path check
I created today's trading strategy.
This is a one-way long position strategy on the 30-minute chart.
In the case of Bitcoin
I haven't touched the support line for 30 minutes today.
Touch completed up to the 1-hour resistance line.
The 30-minute chart progressed to the MACD dead cross.
12 Hour / Daily Chart MACD Golden Cross is waiting
It becomes a condition for strong rise.
Please pay attention to the movement up to the top section according to the Nasdaq purple support line.
In terms of the Ichimoku equilibrium, when the purple support line breaks
Since the support line is open, it can fall strongly,
A short position is an advantage.
Within the convergence zone of the red resistance line / light blue support line
If there is no movement, it is sideways.
(when the main price is represented near the support resistance line)
*At the red arrow path
long position strategy
1. $16823.5 long position entry section / stop loss when breaking the light blue support line / $17221 long position target
Variables may come out in the indicator announcement at 10:30 today
In the case of Nasdaq, because the situation is similar to Bitcoin.
It's not good to be pushed from your current position.
Please note that my analysis is only for reference and use.
I hope you operate safely with principle trading / stop loss essential
thank you.
BITCOIN LEVELS FOR SHORTING AND ACCUMULATING Here is my view on BITCOIN for the upcoming year. I expect a short bearish move towards 12000-14000 range. One could possibly accumulate BITCOIN in the discounted range of 12K-14K and expect a minimum return of 400% when BITCOIN reaches its all time high of 70K.
BTCUSD Bybit Chart Analysis December 21
Hello.
“Make it simple, make profit”
It’s BitcoinGuide.
Don’t forget to
“Follow” me and press “Likes”.
If you "follow" press,
Only 30 Min chart ,
In real time, you can check major sections and move,
Real-time "update I dea" can be checked.
I will begin BTCUSD Bybit Bitcoin Chart Analysis for December 21.
Bitcoin 4 hour chart.
Today's approximate top price and bottom price are displayed.
centered around the purple support line
Red upward / sky blue downward movement path check
I created today's trading strategy.
During the analysis, a gap retracement is in progress at Nasdaq.
Just at the present spot, it seems that the direction of Bitcoin will also be determined.
Depending on whether or not to leave, I think there will be controversy in the decision
The purple support line has been changed a little lower.
Currently, Bitcoin is touching the Bollinger Band 30-minute resistance level.
I'm looking at the Nasdaq right before the rise.
The 30-minute -> 2-hour chart is just before the MACD dead cross connects.
Among those who maintain long,
Those who are leveraged for short-term trading
Check if the purple support line breaks out,
There is an indicator announcement at 12 o'clock, but the top section doesn't seem to change.
In case of bad news, pay attention to the Bottom
Currently, it is just before the middle line of the Bollinger Band 2-hour chart.
It is the cleanest way to succeed in rebounding without touching the purple support line.
*At the red arrow path
long position strategy
$16832.5 long position entry section / stop loss when breaking the green support line / final target is $17361
In preparation for the right-down sideways movement,
I have hidden a light blue finger at the bottom, so please refer to it.
In preparation for the long-term trend, we will take the stop loss as long as possible.
Even so, there is no variation.
Please only refer to my analysis and use it.
Nasdaq is the most important,
Keep an eye on the Nasdaq movement.
I hope you will operate safely with principle trading and stop loss essential.
thank you.