Bitcoinusd
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 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/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
Bitcoin- Head and Shoulder Patternhi ,
As per weekly chart , bitcoin makes Head and Shoulder pattern and its takes support and Ready to breakout ,
lets see what happen within 15 days we know full picture
Buy - above 51500
SL - 46676
target - 60000
Its a eductional video so try on your risk and comment if u agree and share what u think about that idea ???
Your opinion is also helpful for us .
#Bitcoin Trading Plan 4-5 Jan 2022My view on Bitcoin today is neutral however I am expecting an extremely good move on either side - which I am confident will be caught by my system. Here's what it looks like.
In this chart of Bitcoin I have marked 4 price levels which have been determined based on a proprietary calculation that I have developed. The zone between the top-most and bottom-most price levels is a strict "No Trade Zone".
If Bitcoin's price crosses the top-most price level, we will be looking for long opportunities and if Bitcoin's price crosses the bottom-most price level, we will be looking for short opportunities.
Entry criteria:
Bullish case: Enter as soon as a 5-minute candle CLOSES above the top-most price level.
Bearish case: Enter as soon as a 5-minute candle CLOSES below the bottom-most price level.
Stop Loss criteria:
Risk: 2% of capital of per trade.
Bullish case: Just below the second price level from the top.
Bearish case: Just above the second price level from the bottom.
Take profit criteria:
I personally follow a system wherein I do nothing until 1:1 RR is achieved. But post 1:1 RR is achieved, I adjust stop loss to cost. I then exit 1/3rd of entered quantity based on 5 minute candle close below ( bullish case) or above ( bearish case) 15 EMA . I exit 1/3rd of entered quantity at fixed take-profit level of 1:3 RR. And I exit the final 1/3rd of entered quantity based on a system of setting stop losses that are dynamically adjusted to the nearest retracement after a Day High Breakout (in bullish case) or Day Low Breakout (in bearish case).
I have also experimented with systems wherein you can set take-profit at a fixed level of 1:3 RR or alternatively after 1:1 is achieved book full quantity vased on 5 minute candle close below ( bullish case) or above ( bearish case) 15 EMA . Both of these alternative systems have also been profitable.
Please note the given zones are valid only until the end of the day. Any open positions must be closed by 05:25 AM IST which is around when the day is about to end in the cryptocurrency markets. The mentioned zones will become irrelevant post that.
Also please note: according to the rules of my system, I don't take more than 3 trades per day on any asset.
Technical Analysis of BitcoinNotice how the prices were falling within channel which indicates that the recent sell off in BTC was not impulsive (start of a crash) but likely a correction. Wave 5 is yet to be completed for Bitcoin in the monthly time frame but wave 5 could be truncated if it falls below the recent low of BTC so place a stoploss below 31k as view gets negated at that level. Entry only above 42k.
Swing trade anlysis Bitcoin BOTH Long/Short position BINANCE:BTCUSDT
swing trade analysis for both short and long position
NEUTRAL ZONE 30000 - 35000 works as a neutral zone
LONG POSITION If it daily candles closing above 37500 sustain here you can go for
long target but make sure the volume of that candle breaks the MA line in volume
SHORT POSITION 30000 works as huge support once If it breaks
it will make sure it will reach 28000 easily
And everything mentioned in the chart
This analysis includes and gives respect to
1 Fibonacci retracement
2 Support & resistance
3 volumne
NOTE CHECK THE ANALYSIS IN 1DAY TIME FRAME I MADE IT IN WEEKLY DUE TO SPACE PROBLEM
COMMENT YOUR THOUGHT ON THIS IDEA
PARDON ME IF I MADE ANY MISTAKE ITS MY FIRST IDEA IN TRADING VIEW
Bitcoin Trading Plan for 21-22 Jan 2022In this chart of Bitcoin I have marked 4 price levels which have been determined based on a proprietary calculation that I have developed. The zone between the top-most and bottom-most price levels is a strict "No Trade Zone".
If Bitcoin's price crosses the top-most price level, we will be looking for long opportunities and if Bitcoin's price crosses the bottom-most price level, we will be looking for short opportunities.
Entry criteria:
Bullish case: Enter as soon as a 5-minute candle CLOSES above the top-most price level.
Bearish case: Enter as soon as a 5-minute candle CLOSES below the bottom-most price level.
Stop Loss criteria:
Risk: 2% of capital of per trade.
Bullish case: Just below the second price level from the top.
Bearish case: Just above the second price level from the bottom.
Take profit criteria:
I personally follow a system wherein I do nothing until 1:1 RR is achieved. But post 1:1 RR is achieved, I adjust stop loss to cost. I then exit 1/3rd of entered quantity based on 5 minute candle close below ( bullish case) or above ( bearish case) 15 EMA . I exit 1/3rd of entered quantity at fixed take-profit level of 1:3 RR. And I exit the final 1/3rd of entered quantity based on a system of setting stop losses that are dynamically adjusted to the nearest retracement after a Day High Breakout (in bullish case) or Day Low Breakout (in bearish case).
I have also experimented with systems wherein you can set take-profit at a fixed level of 1:3 RR or alternatively after 1:1 is achieved book full quantity vased on 5 minute candle close below ( bullish case) or above ( bearish case) 15 EMA . Both of these alternative systems have also been profitable.
Please note the given zones are valid only until the end of the day. Any open positions must be closed by 05:25 AM IST which is around when the day is about to end in the cryptocurrency markets. The mentioned zones will become irrelevant post that.
Also please note: according to the rules of my system, I don't take more than 3 trades per day on any asset.
Bitcoin: Maybe? (Updated and Still Validated)In the middle of 2021 we can see a pattern of price and RSI (indicated with numbers and ellipticals).
It's just a pattern, I hope this analysis be right for all who own btc usd.
"When touches white line, time to buy".
NOTE THE SIMILARITY!
This is an updated chart I published 29/12/21 (see link to related ideas).
BITCOIN BELOW $ 45000 ! WHAT NEXT?BITCOINS JOURNEY SINCE DEC 2020 TO JAN 2021
The major cryptocurrency Bitcoin prices has recently slashed from $69,000 to $40,000 in about less then 2 months. Bitcoin was on its peak at $69,000 on November 10th, 2021 and it made a recent low of $ 39558 on Jan 10th 2022, a decline of 42%. However, in last few days it gave a sharp upside movement towards $45,000 from $ 39558 and trading between $42,000 to $43,000, but the question is that will this short rally will continue or Bitcoin has ended its rewarding era?
TECHNICAL ANALYSIS
LAST ONE YEAR HISTORY
Over the last year, since 20th Dec 2020 Bitcoin started its upward rally and climbed to almost $ 65,000 in very short span of time and made its a fresh lifetime high of $ 64,895 on 14th April 2021. Investors who rode this rollercoster that started from $24,000 on 20th Dec, cherished the rally and a earned whooping return of almost 170% and that too only in 4 months (512% p.a).
BUT, this rally didn't sustain and Bitcoin prices slashed to $28,600 on 22nd June 2021, which means it lost all the return it gave in less then half of the time that it gained in last four months.
Though, Bitcoin never disappoints its investors, it started a fresh start from the mid of 2021. A fresh sharp rally was seen in Bitcoin, when the prices shot up to $69,000 on 10th Nov 2021 from just $29,000 on 20th July 2021, means it rewarded its investors once again with a three digit return. But, soon after making a fresh life time high of $ 69,000 on 10th Nov 2021, it once again moved downward and slashed to a low of $40,000 on 10th Jan 2022.
CURRENT SCENERIIO
Over the last year (as explained above) it has created a "M" shape return to the investors, which in technical langauage is called "A Double Top" pattern which is yet to be confirmed. According to this pattern if any script falls below the neckline (marked red in image) then prices may fall equivalent to the height of this pattern which is aproximately around $ 35,000.
CONCLUSION
If the price of Bitcoin falls below its recent low of $ 39,558 which it made on 10th Jan 2022, then we expect a further downtrend in bitcoin in 2022 uptill the mark of $25,000. So if you are a swing trader, you can make position with a stop loss of $ 39,500 (Marked Yellow in the image) for target of $ 45,000 to $50,000, But if you are a Value Investor, then you should only invest 30% of your total amount at current levels around $42000-$43000. Rest of the amount should be kept either for the further corrections or till the upward movment is confirmed by the upcoming trends.
BTCUSDSymmetrical triangle pattern formation on BTCUSD on a 15min timeframe ! Target should be around 43400$ !
🚫Disclaimer:
I'm not an financial analyst! I'm sharing this with public! It just learning purpose only! If u find anything wrong with this post ! U can tell me ⬇️ comments!
Thank you!!!
😊😊😊
BTC IS RISK ON! 40K STRONG SUPPORT* 40000$ strong support for bitcoin, previous swing low
* 2.618 ABCD pattern
* 1.13 XABCD pattern on 4 hr
* bullish pin bar pattern on daily chart
* closing stoploss below 40800$
* price consolidating on 1hr and forming price action zone for accumulation
* price is above all MA's except for 200 HMA
* double bottom clearly visible on line chart
* bollinger squeezed on 4hr and 1hr
* pin bar bollinger buy signal
All Targets Achieved | 26% in just 29 days | Bitcoin All Targets Achieved | 26% in just 29 days | Bitcoin |
Thank you for checking out my content. Hope you liked It.
👇👇 Check my idea snapshot image dated : 27th Nov 2021
See below Related Ideas:
>> Will-Bitcoin-hit-40k-in-the-coming-weeks
FOLLOW for more !!!
LIKE & SHARE if you found it useful !!!!
COMMENT below your views and suggestions !!!
Bitcoin THE KING- BTCUSDBitcoin is already been in a downtrend for the past few days in the lower time frames. It looks like BTC is planning for a major liquidity grab before making the next big move towards the moon. I personally will try to take this as a chance to buy more BTC if it reaches anywhere near 24k to 27k. This is not financial advice. Invest only what u can afford to lose.
📊 Bitcoing Swing Trade Opportunity 🎯BITSTAMP:BTCUSD
📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic Patterns Also Can Fail (there is no holly grail In Stock Market). That's Why One Should Must Have Knowledge Of Reversal Trading To Trade On Harmonic Patterns.
📌 That Dash Line Is Called PRZ, From That Dash Line To that Horizontal Simple Line Area Is Whole PRZ(Price Reversal Zone).
📌 As One can see, Quite Big Stop Loss as per this pattern. So wait for perfect reversal first then only go for long and ones enter in trade then strictly follow stop loss and here as per my own experience one should keep Stop Loss as closing basis.
(PRZ :- Potential Reversal Zone, SL :- Stop Loss, TF :- Time Frame)
PRZ 1 :- 41101.80
SL :- 34983.5 (Closing Basis) (better to enter after reversal candle and keep sl below that candle if you atre trade for swing or short term)
Target 1:- 44369
Target 2:- 46643
Target 3:- 48971 and more Trailing basis
Note:- As Per this harmonic pattern, stop loss is quite big, so Trade on reversal only if you don’t know what is reversal, Kindly note that and ask in live session so next time you could be able to identify reversal by your self. Even ask doubts in comments, below.
******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell. Please do your own analysis before taking any trade on them. We are not SEBI registered.
Bitcoin/USD is still bearish or right time to buy ?Hi everyone
lets discuss BTC/USD scenerio, as you can see in chart we have complete (1),(2) and (3) wave in INTERMEDIATE DEGREE , Currently in (4) wave.
In (4) wave we have complete two legs which point A and Point B wave, If you are familiar with neowave, it consist of atleast 3 corrective wave.
From around this area we are looking for point C which can go easily upto 52000 level. Also there are chances that there can be more corrective legs like D and E.
After this corrective price action we will be looking for an (5) wave in intermediate degree.
This intermediate degree waves started at 66000 , see that trading idea also so that you can see how far we can hit the target with wavees structures.
T hankyou
Manish Singh
Wave Forecast