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
Bitcoin (BTC) Prediction for 2022 based on Elliott Wave AnalysisExpecting Bitcoin to touch USD 28700-26000 range before next Bull Run.
Waiting for BTC enter in this range fore fresh Long Term Investment.
Or will buy if identify the formation of any other bullish pattern.
This Analysis and Prediction is based on Elliott Wave Theory.
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
BTC Big PictureHey Traders
I am today sharing my big picture of btc in upcoming days.IMO 20k level is key level zone now and Price will Definetely going to retest That zone or channel Market Gonna reverse from around october of this year and in next year we are going to make a new ATH i Mentioned the key levels hope Everyone find it helpful
Stay safe
BITCOIN is Ready for Another Fall below 29700BITCOIN (BTC) is indicating another 7-10% fall towards 29700-28800 from around 31870-32170 Range.
Possibility will get negated if BTC closes a complete 5 minutes candle above 32170.
This Analysis and Trade Setup is based on 38% Retracement Breakout Trading Strategy.
MY ANALYSIS ON BITCOIN FOR MAY 1 TO 10BINANCE:BTCUSD
As You can see these are the levels for buying and selling bitcoin these days.
As you can see the major support of the Trendline and three touch if it breaks than it will result in more downfall but watchout there are many supports on the downside.
I think btc will not fall below this level so I am bullish now : )
Note: This is only my view do trading as per your risk apetite and dont follow blindly.
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
Bitcoin getting ready to explode upsideBTC is at the bottom of the daily channel and looks like bottoming out with an ending structure completing its wave structure for now and the next move can be towards the upside. If it were to go all the way up then the daily channel target towards the upside would be over 50k.
Bitcoin respecting the trend line.Bitcoin has been respecting a trend line and is taking support from it.
The coin is trading around its 20 ema on 15 mint time frame.
Support will be the trend line. Let the price trade below the trend line or breaks above the level of 38810.
On daily time frame, it’s forming an inside candle.
Support :- 38100, 37700
Resistance:- 38810, 39270
Wait for price action near the levels for entry.
Bitcoin By 2022 EndWe are in Bearish Trend Basis of that by the year end 2022 end
Bitcoin will b
Lowest LOW 20K
Mid Low 25k
Kindly do your own Analysis for any financial decision or seek your financial advisor, i am not a financial advisor i am sharing for entertainment and Informational purpose on the basis of experiences.
Bitcoin - The Bigger PictureHi,
This is my second analysis of BTC in upcoming days or weeks.
I have seen a lot of people saying BTC will go back to 20k, 25k and even 10k too. They are saying because BTC crashed back in 2016-17. That time, only a few people were into cryptocurrencies.
We should be bullish at this moment but the current circumstances won't let the bull run happen.
BTC hit first ATH on 14-Apr-2021 with a price of 65,000 USD and got back to 28,000 USD in a month. Those people who bought the BTC started selling like there's no tomorrow.
Again, in the same year, BTC touched the price of 69,000 USDT and retraced to 34,000 USD but this time, it takes almost two and half month. You all know why-
because people realise the potential of Bitcoin and other crypto currencies
more and more support from Big corporates and Government.
Now coming to the point, we are still in the Trend and I am still bullish .
Thanks
Play ETHEREUM with moving averages.Ethereum is trading at a crucial support zone and there can be a reversal.
Though, on a 60 minute time frame, the moving averages crossover is showing some bearish trend.
On a 15 minute time frame, the coin taking support for the zone and strong bullish candle are being formed.
Support :- 2945,2850
Resistance :- 3020, 3100
Watch for the candle to close above is 20 ema on 60 minute time frame, as it has been taking resistance from the static level.
It can travel upto 200 ema once it gives a strong close above 20 ema.
Price action and volume analysis must be used.