Bitcoinforecast
BTCUSD FORECASTThe market's recent move on the BTCUSD shows a strong bullish sentiment. The forecast on my chart suggests that there are two alternative outcomes from the current move, it is important to view the market with an (IF-THEN) attitude towards its movement.
1. The market broke structure on the Weekly Timeframe, the forecast anticipates a continuation from the Demand Zone indicated.
2. The market might plunge down again to the bottom to fill more orders to go up. Specifically, the 31131.36 zone is an unmitigated zone that activates the bullish momentum that will drive the market.
BITCOIN ANALYSIS Hello, bitcoin long-term swing trade buy: 46,000$ target: 65,000$ stoploss: 41,700$.
LOGIC BEHIND TRADE: Bitcoin has formed w pattern on 1w chart & given breakout of resistance breakout buying (target identified from harmonic xabcd pattern level 0.886) stoploss is taken low of resistance candle. Bitcoin can go upto all time high. BITSTAMP:BTCUSD
Bitcoin near resistance level.Bitcoin has been respecting the resistance level of 44500 and is just below the 200ema.
On daily chart frame,the chart pattern formed near the resistance level will help is confirmation of the movement of the price above or below the resistance levels
The bitcoin is forming a ascending triangle chart pattern on a bigger time frame.
Support levels :- 41980, 37700
Resistance levels :- 44500, 45800
Wait for the candlestick chart pattern to be formed near the zone to find the movement in bitcoin.
#Btc triangle forecast 4hr TF Ready to sky rocket#Btc triangle forecast 4hr TF, as i mentioned in my last btc update where price is moving towards the 5th position. Now #btc is ready to bounce and hit the 6th target.
#BTC struggling to break the $40,000 again but price is hodling the support around $38,200. Price wicked below couple of time for the Liquidity grab. Viewing on daily TF, price is moving in a large range of $38,200 to $45,000 mark. We need a break and close above the major resistance level and price needs to hodl above it for sure.
#Sky_Rocket #btc
Weekly BTC-USD(14th February)After two weeks of the continuous rally, BTC took a nosedive in the latter part of the last week and declined by ~1%. On the weekly TF, BTC formed an Inverse Hammer candlestick pattern, which indicates that the market is again in control of bears. As the overall trend is still bearish, the recent positive rally can be considered as a pullback. At the time of writing, BTC is trading slightly above $42,500.
On the Daily TF, BTC has given a breakout from its Descending channel formation and is currently hovering above its major resistance of $40,000 from the last 7-8 days, which mildly depicts that momentum can be shifting towards the bull’s side in the coming days.
On the higher side, BTC is facing stiff resistance in the range of $45,000-$45,500 as it tried to breach this range thrice in the last week but was unsuccessful. However, if we get a decisive breakout from this range in the coming days, the next major hurdle is placed at $47,500 followed by $49,500-%50,000.
On the downside, BTC is witnessing buying strength in the range of $41,500-$42,000 as none of the last 3 daily candles have not closed below $42,000 which is a positive signal, however, if this support range is broken again, BTC can again take a nosedive to the levels of $40,000 followed by $38,500.
BTC-USDTBTC after coming to the level of $32.9K gave an impressive bounce-back to the level of $45.8 K. it is currently trading at the level of $42.1K at the time of writing.
As shown in the chart, the macroscopic view of its prices provides us with a range of $31K and $64K respectively.
BTC gave a Fake Breakout from the range and could not hold the levels. Slowly and steadily, it rolled down to $32.9K.
However, it has given a trendline breakout and is currently witnessing a retracement after the breakout.
Bulls should come in at the level of $40.5K and offer support while the next level of support is present at $38K. Currently, waiting for the retracement to end and then taking positions could be a good strategy to work upon.
BTC/USD NEOWAVE FORECAST| BITCOINCOINBASE:BTCUSD
Hi Everyone
This is an BTC/usd FORECAST, in our last forecast we predicted a 5th wave and than after that an correction will start.
We said that correction will come in form of ABC and we currently in last wave. Let see where it finishes.
After it and B wave will come. If you want to play correction i will say play one A,C and E wave for good results
Also check out my previous forecast and please share my charts with others, As this will be helpfull for them if they do trading.
Thank You.
Wave Forecast
Lengthening Cycle and Exponentially reducing returns BTCBTCUSD Logarithmic chart on Monthly time frame. Each Bull and Bear cycle denoted by rectangles. From the last 3 complete cycle, trend is identified and plotted to find the length and high of the current bull cycle. Price estimates may vary greatly as price is in Logarithmically denoted. Cycle length might be more accurate. As per this model, current bull cycle may end by August 2022 and the high would be around the current ATH. Next bear cycle would be lengthier and may span around 850+ days, almost similar to the estimated current Bull cycle length.






















