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Bitcoinforecast

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
Long
by endthisponzi
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.
FOREXCOM:ETHUSD
by TheMamboMomentum
Short Term Bitcoin - 19 April 2022 - BuyHi As per the Chart and its prediction, we can Buy at cmp of 40806 with SL of yesterdays low of 38540 and taraget could be big, with first target of 47000 and then 51000. As of now RSI has gone above 40 and macd is turning bullish. We might have a glorious rally in coming weeks. The risk reward is around 1 : 3 and more. Else if in intra trades...buy the dips is the mantra. Will keep on reviewing untill targets or the SL is hit. Disc:- only for educational purpose.
BITFINEX:BTCUSDLong
by neostockmatrix
1
Bitcoin view 14/04/22.Bitcoin is trading around a crucial fib level on a weekly time frame of 41390 (0.50 fib level). It seems bullish on higher time frames of weekly as it has taken support form 0.382 fib level, for swing trades we can enter is a 4 hour candle closes above 41500. On daily time frame analysis, it is forming a lower highs and lower lows and has given a cross over of moving averages, thus looks bearish. If the price drop below 39300 it can test levels of 37500-600. Support :- 40400,39790, 37600 Resistance :- 41390, 42100, 43010 On 4 hourly time frame, it has crossed its 20 ema with a bullish candle and is trading in a range. Wait for the level to break convincingly and there can be a trend reversal in a shorter time frame.
BITSTAMP:BTCUSDLong
by TheMamboMomentum
Bitcoin's lifetime Fibonacci Lines & DiaryBitcoin is going to face pressure from two support lines that you can see on the chart and while people find a lot of correlation between S&P 500 Index Chart to that of bitcoin, we can assume that there's huge volatility across the global markets and not just cryptocurrencies. I've drawn multiple scenarios for reversal without having an ambitious target like bitcoin maximalists or Cathie Woods. It's possible but not anytime soon. Stick to entering your positions on any resistance line that could potentially become support. And stay away from scalping for a few weeks :D
INDEX:BTCUSD
by mrinalsethi
BTCUSDT chart shows the indication to take support @ 40856.57.BTCUSDT chart today shows the indication to take support @ 40856.57 and if it breaks that level in 4 hour time frame on Monday UTC market open time, we might see a fall to 39097.76 within next 4 to 5 candles of 4hr TF. I will not trade futures until the candle remains in the red rectangle zone shown in my chart. BTC shows a weak support @40856.57 and very strong support at 39097.76. I am taking part entries for my spot in #solana,#sand, #ada, #atom, #iotx and #avax Once BTC reaches 39097.76 I will take major spot entries in above mentioned alt coins. Happy & Profitable trading to all crypto community. :)
by Bhavdipn
Ethereum gives a nice breakout of "W" Pattern.Ethereum has streched for contunues week and changing the trend near the support level. Its taking support from the 20 ema on a weekly time frame.The price has tested the support and has given a upmove. On daily time frame too there is a bullish momentum in the price as its taking support from 20 ema and has given a cross over in the moving averages. Ethereum can run either side as its trading between 20 and 200 ema on 4 hour time frame. Support :- 3100, 3020, 2950 Resistance :- 3434, 3675 It has support near its trading price and can reverse form the support. On a short time frame there can be a resistance at 3320. So wait for the price action near the levels before trading the coin.
FOREXCOM:ETHUSD
by TheMamboMomentum
Bitcoin forming evening star.Bitcoin on a weekly analysis is forming an evening star chart pattern and is taking support. It is trading below its 20 ema and 0.382 fib levels. On daily time frame, it has closed below is 20 and 200 ema and seems little bearish for short time fame as 4 hour time fame has given a moving average cross over. It can retest its 20 ema on 4 hour time fame and fall further. Support :- 42100,41380. 39790 Resistance :- 43010,44550, 45600 Supports may be breached once the price trade below the levels and sustain. Bitcoin has streched and can come futher down to test the levels Wait for the price action near the levels before trading,
BITSTAMP:BTCUSD
by TheMamboMomentum