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Bitcoinforecast

Bitcoin trading in a triangle.Bitcoin trading in a descending triangle formation after fall. It has been consolidating in a range after failing to hold its 20 ema on weekly chart. Bitcoin has recently tested its weekly 200 ema has is consolidating just above it. There is a resistance and a support which has been tested many times and once broken can give nice targets. Support :- 27100, 28650, 28500 Resistance :- 30500, 31800 The coin is silent for half a month. Watch for the price action near the triangle breakout. #bitcoin #btcusd
BITSTAMP:BTCUSD
by TheMamboMomentum
BTCUSD Trading Plan - 14/May/2022Hello Traders, Hope you all are doing good!! I expect BTC to go up till around 37500 level before dropping again to 20k level. Short term Buy for now. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea
BITSTAMP:BTCUSDLong
by For3xScalper
2
BitcoinHello and welcome to this analysis on BTCUSD In Jan 2022 it completed what appeared to be a sideways correction and activated a Bullish Harmonic Reciprocal AB=CD @ 33000. From there it went on to give a 38% retracement till 48000 by the end Mar 2022. The current decline is now testing the reversal zone of 33000. The next support below this is the crucial one near 28500. Failure to hold that short-term rising trendline which has so far been making HIGHER LOWS could see a further plunge till 15000 & a possible 11500 where the long term monthly trendline is and a zone it had done a long period of consolidation from JUN-SEPT 2020. Resistance is at 37000 for now
BITSTAMP:BTCUSDShort
by Dinesh_C_Nagpal