Bitcoinusd
Bitcoin FractalSideways Movement - BTC Following the Exact Same Previous Fractal during the May Dump
bitcoin making bearish triangle.The Analysis is based on personal Knowledge of technical analysis , Please Do Not Take It as a Financial Advice, And Always Do Your Own Research.
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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
SHORT BTC/USDTBINANCE:BTCUSDT
SHORT BTC
Short/Sell BTC
CMP :48832
Target :39515
Stop Loss :53237
Signal: Negative
Sentiment: Negative
Crossover: Negative
Timeframe: 5-7 days
Probability: Medium
Note: Some sideways movement expected before the fall.
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Bitcoin.... how much further fall.....Today's fall in Bitcoin has found support at smaller trend line...
All likely to breach and go further below in following weeks...
Levels are marked....
Like... share... follow....
Important BTC LevelsImportant levels in Bitcoin at the moment.
Price breaking out of the green diagonal trend line would be very bullish for alts in the short term.
Upper yellow line at ~$64,000 is the big resistance.
A break and close below $55,000 is when things start to look a little dangerous.
Can Bitcoin Moves to $80000 in Dec?If you see the pattern which is occurring for 3rd time. If it gives the same pattern then bitcoin can go up by 50% so the price will be around $80000 to $83000.
BTC - A Case of Two Falling WedgesTwo falling wedge breakouts observed on the Bitcoin chart.
The first one showing a strong and healthy breakout (with an above than average volume).
The latest falling wedge breakout has been a disappointment so far. Volumes have been
below average and the price seems to be struggling.
A break below the critical support level marked by the yellow line could be catastrophic.
Given the macroeconomic environment with FED talking about speeding up the Tapering schedule and a
possibility of a rate hike if inflation continues to grow strong, being cautious in this market is best way forward.
Don't get caught up in the 'Bitcoin is an Inflation Hedge' narrative.
Bitcoin is a 'Risk On' asset :)
BTC gonna BlastBTC following the trend zone for a long time. If it breaks with an engulfing candle, It's gonna give a good intraday target. and I'll wait for a pull back to take an entry for a swing Trade.
Bitcoin looking weak. Where will it go? Read moreBitcoin dumped hard because of Infrastructure bill, ethereum foundation selloff and china fud. The volume was weak since a few days and the pullback which was around the corner finally came. Btc has found support at the conflux of a major support level and the 50-period Moving Average. I expect it to go lower to 100-period EMA and the next support level at 56200 range. There is no chance or a reason for bitcoin to go any further below it. Historically November has been the most bullish but I expect that this year it will be the opposite.
Like after every dump, this time too btc will range for a few days and have a few long red wicks before it starts pumping. A red wick to 52900-53400 is also possible.
Opening a long/short position is not safe - neither in btc nor in alts. Every rally may bring bigger pump in alts, but in every dump the loss will be equally greater. Stay on the sides and keep on accumulating in every dip.
And like always, I expect the chart to play out the bart pattern.
Bitcoin 70000- 75000- ... ???? After nice breakout, the price managed to breakout through the median of the pitchfork which is the golden line
the green lines are following pitchfork acting as support and resistance on higher time frame
the greenish zone is the 4h halting zone is the price breaks the golden line
it is consolidating and forming triangle pattern
not gonna go short the trend is up but this looks like a pullback or buildup, profit booking from previous trend buyers
long is the price get rejections from golden line with strong bullish candle
can trade after the breakout of triangle pattern
the full range of pitchfork ive drawn has indicated max 77500 levels but with some slight pullbacks and corrections
Bitcoin following the Fibonacci Channel!In my previous idea on Bitcoin, I posted about the Fibonacci Channel, if it will follow it or not. As we can see here, it is perfectly respecting the golden zones and getting retraced. Here, I have posted a trade on the basis of this Fibonacci Channel and price action. RR is 1:5
Bitcoin bullish pennant 1Dbitcoin forming bullish pennant pattern in 1d chart and most likely it will break about be ready for next btc all time high on 15 november as there is an event as well so we are likely to break above and with it ada will be fire .
BITCOINHello Traders Welcome back to another profit day
If you like my idea please give me a like and comment, That's will be a great appreciation to do more predictions
Here is the full analysis for this pair, Let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
BTC view with support and resistance
Remember this analysis is not 100% accurate No single analysis is To make a decision follow your own thoughts.
The information given is not a Financial Advice.
Please support this idea with a like, if you find it useful
have a good profit day guys
#bitcoin #btcusd #cryptoBITSTAMP:BTCUSD
Be ready for big ride, whoever holding from our previous alert can still hold of book partially and now hold for target more than 80k +.
BTC/USDT TechnicalsMy BTC construction
1. schiff pitchfork {1st price bar - 29222.23} {2nd- 52864.23} {3rd- 43314.23}
2. channel overlap - the mid zone was drawn
from 7 sept data and then cloned both up and down on exact top and bottom from mid zone
3. Basic price action and pattern on 15 mins to trade entry
BTC/USDRSI Bearish divergence on 1hr timeframe.
We will see a short-term dump before the downtrend breakout.
BitcoinBitcoin after a super fall consolidating in tight range...
overall structure weak...
Sell on rise strategy
Trading levels defined
refer study below for previous targets achieved
BITCOIN Intraday Trading Levels 20Sep2021BITCOIN Intraday Trading Levels 20Sep2021 based on my analysis
BITCOINEXPLANATION : This is a weekly chart of BITCOIN . The Bitcoin gave a solid breakout from its accumulation phase and coming to retest the same . The next supply zone is its all time high near $64,000 .
This is my thought on btc.I think BTC might come to test to the 42000 support, and then it will go to the moon. one thing to notice, there is a RSI divergence in daily chart, which signals that a pullback may occur.
