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Is BTC Going Back To 50K ? Have a look What Coinguru Have to SayHey guys welcome for a fresh update on BTC -------------------------------------------------------- Is BTC Going Straight up.. -------------------------------------------------------- Hey Guyz Its been long haven't reach out to my audience.. Last few months was bit tough for crypto community and we bounce back well So according my observation what i see is BTC Shall retrace back to $44800 level as we received volume support here and Then will finally Bounce back to $48k - $50K region In the meanwhile Alts Can see a short pump as btc dominance is on verge to break neck line to the down Don't Miss Out on it.... Give a thought to it and manage your risk carefully... Let me know whats your target and suggestion In Comment Section Will Be back with another Premium Analysis in the mean time.. -------------------------------------------------------- Thanks for reading... Give us a THUMBS UP if you like it... -------------------------------------------------------- this is Husain Zabir, signing out Thankyou...
by Husain_Arkghazi
3
BITCOIN is about to BOOM! Tap to check my analysis!Hello traders, Welcome to my page. Here is a quick analysis of Bitcoin where I will be sharing why Bitcoin is about to boom! On a daily time frame, I have observed a couple of indications for the same- a) After falling 55% from its recent high, we can see a clear base formation (accumulation) happening in it. We can further check this through the volume profile. Hence, we have a confirmation here. b) When we analyse the Relative Strength Index (RSI) (It is a momentum indicator), we also see that the price is making a lower low, while RSI is making a higher low; which suggests that the price is falling but with a low momentum. c) Finally, after the huge fall, bitcoin has managed to cross its 50 EMA and also gave a retest. Considering all the above observations, I have come to a conclusion that BITCOIN is looking good to go LONG. 1st Target: 60100 (Partial profit booking) Stop loss: 36650 Although, I will be trailing my position and if the market supports, then we will be seeing a new high i.e. Bitcoin moving above 65000 mark! If you gained some knowledge from my analysis, then please like my post. Also, if you have any query, then please drop a comment, I will be more than happy to respond. Regards, Keshaw H. Agarwalla
Long
by Keshaw_Agarwalla
Inverted Cup and Handle Pattern: A Bearish Technical sign......What is an ‘inverted cup and handle’? An ‘inverted cup and handle’ is a chart pattern that indicates bearish continuation, triggering a sell signal. Think of it as an upside-down cup and handle. If you look at the regular cup and handle pattern, there is a distinct ‘u’ shape and downward handle, which is followed by a bullish continuation. This means the inverted cup and handle is the opposite of the regular cup and handle. Instead of a ‘u’ shape, it forms an ‘n’ shape, with the handle bending slightly upwards on the chart.
Short
by cryptocult-OMC
BTC Multlple Pattern Breakout As u can see on the chart ... BTC has given multiple pattern breakout 1) Rounding bottom 2) Inverse Head and shoulder 3) Trendline breakout (with good volume) Currently it has given the breakout and Retesting it .. Levels are mentioned in the Chart It can be bought at CMP with SL mentioned in the chart with immediate Target of T1 for Swing Trading Also, if it breaks T1 with good volume... it can go up further and you can Hold it long Note: - I am still newbie .. and learning all the stuff ... Please correct me if i miss anything Disclaimer : - This is not an investment advice, Just for Education Purpose only .
BLong
by r-ya
important bitcoin update bitcoin chart is forming bilateral symmetrical triangle Symmetrical triangle can either be bullish or bearish, Symmetrical triangles form when the price converges with a series of lower peaks and higher troughs but if we look BTC daily and 4hr chart, then overall trend is bearish So there is more probability that bilateral symmetrical triangle can break down. And once it breaks down, then bears become more aggressive and price can drop quickly and resume downtrend. short seller can open short positions if the price breaks down the triangle and wait to retesting trend line This is my personal view about bitcoin price . Take it as educational purpose.
by sunnystar665
BitCoin – Next Tulipmania?BitCoin – Next Tulipmania? Selling Pressure is seen in BitCoin after Elon musk announcement. Chart is around its major support level. If 39520 breaks on weekly basis then Prices will easily reach 26650. Extended target can be 19100. If the above condition fails then good reversal is also possible from current level. So keep your stop losses as per your risk reward. Disc. : Views Shared for Education Purpose only. Consult your Financial Advisor before taking any position.
CME:BTC1!Short
by SagirKazi
BTCUSD LONG SETUPBTCUSD looks strong on the upside. The chart first formed a strong support with TDI diversions. Followed by the first leg of up move. We are watching some resistance because of the trend line firstly and secondly this area has acted to be a resistance zone earlier too, hence 55000 is an important zone. Now two trades are possible- Case 1- Breakout- If it breakout above 55300 then it is a good buy. Case 2- We can see a pullback and if it takes support on the trend line then we can add long position. In both the cases, a strong up move is expected which can take it to 57000 followed by 60,000 levels.
BITSTAMP:BTCUSDLong
by Siddharth_Ruhil
URGENT BITCOIN UPDATE BEFORE BIG MOVEHello masters, hope you having a good day in this profit season. Even if you are not making then don't be upset, opportunities will come and go. Here is the update regarding BTC price, price at major resistance right now and it trying hard to break this current zone to make new all-time-high. If this trend continue maybe we will see BTC at higher price soon. Quick short note to understand price movement better....... - Price is above triangle and if recent dump was just a retest of breakout level and to cool down Funding Rate(important factor), WELL in that case price is ready to shoot and can pump massively. but wait a second...always be prepare for opposite direction also and make your disicion accordingly and make sure you always place stop-loss. This is my first idea hope you like it, if yes then please do like and follow :)
BITSTAMP:BTCUSDLong
by meshbtc