Bitcoinusd
💡Don't miss the great buy opportunity in BTCUSDTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (55962.75).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BTCUSD is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 68.
Take Profits:
TP1= @ 59314.30
TP2= @ 62033.55
TP3= @ 64871.92
TP4= @ 70000.00
TP5= @ 75000.00
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex trader?
Now, It's your turn!
Be sure to leave a comment let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
URGENT BITCOIN UPDATE BEFORE BIG MOVEHello masters, hope you having a good day in this profit season. Even if you are not making then don't be upset, opportunities will come and go.
Here is the update regarding BTC price, price at major resistance right now and it trying hard to break this current zone to make new all-time-high. If this trend continue maybe we will see BTC at higher price soon. Quick short note to understand price movement better.......
- Price is above triangle and if recent dump was just a retest of breakout level and to cool down Funding Rate(important factor), WELL in that case price is ready to shoot and can pump massively.
but wait a second...always be prepare for opposite direction also and make your disicion accordingly and make sure you always place stop-loss.
This is my first idea hope you like it, if yes then please do like and follow :)
Trading Signal For BitcoinTrading Signal:
There is a Trading Signal to Buy in BTCUSD
Traders can open their Buy Trades NOW
BTCUSDT Bitcoin
⬆️Buy now or Buy on 54043.00
⭕️SL @ 52535.00
🔵TP1 @ 55756.00
🔵TP2 @ 57228.00
🔵TP3 @ 58362.0
If you liked our ideas, please support us with your likes 👍 and comments.
💡Don't miss the great buy opportunity in BTCUSDTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (54580).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BTCUSD is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 42.
Take Profits:
TP1= @ 57600
TP2= @ 59445
TP3= @ 61760
TP4= @ 65000
TP5= @ 67700
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
#bitcoin #btcusd #cryptoBITSTAMP:BTCUSD
one more strong resistance for swing coming. book your long only if find reversal at resistance. if find reversal one can go for short as well.
******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
💡Don't miss the great buy opportunity in BTCUSDTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (58343.20).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
.BTCUSD is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 76.
Take Profits:
TP1= @ 61023.20
TP2= @ 63443.70
TP3= @ 65960.30
TP4= @ 68865.10
TP5= @ 72213.70
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
💡Don't miss the great buy opportunity in BTCUSD @BitcoinTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (48280.40).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
.BTCUSD is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 58.
Take Profits:
TP1= @ 52640.00
TP2= @ 55018.00
TP3= @ 56600.00
TP4= @ 58400.00
TP5= @ 61100.00
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
Elon Wants Your Bitcoins !! 😵️😲️As we have seen in the past after buying the bitcoin by the Warren Buffet , The BTC dump heavily.
These wealthy people want your bitcoin , DOn't make them fool again.
First they create the news then they dump on retail trader.
As market dump down, they start buying again.
History is repeating again.
Don't let them fool us again and again.
Sell your bitcoins now and Buy at 12K.
12K is the support zone from where the Elon will Buy again.
Yes bitcoin will go to moon but every market go through the cycle.
And this BTC will fall hard to 12K. Don't leverage trade now.
Don't just blindly Go Buy bitcoin.
Hodl from the position of Strength. Trade also from Position of strength.
We and our clients are already shorted bitcoin as we have provided our Free Pro call to you.
For more info contact us.
Bitcoin 4hr analysis 1-3-2021Good morning again ladies and gentlemen and welcome to the bull show. Bitcoin is still climbing full steam ahead and shows no sign of relenting. Many speak of opening shorts but with the recent climbs we have witnessed its just not easy to bet against the bulls right now. There is a lot going on with the charts this morning and we have much to discuss so grab a coffee and lets get this show on the road.
I see that we had a bearish doji last 4hr candle. It happened right after breaking 34750. So we were quite close to 35k. This could be a psychological resistance but we seemingly glided effortlessly through 30k that 35k could be a speed bump for all I know. We literally have hardly any data at these levels and fomo is certainly playing a factor in this pump. But perhaps there is another reason for it...
Stimulus money is being thrown about and people may be dumping that into an already saturated market in hopes of catching the pump. I am guessing there are likely quite a few people that decided buying BTC with their stimulus would make sense. Especially considering the fact that if you invested the original 1200 they handed out in May you would be up nearly 6X. I believe when the first stimulus was handed out BTC was around 6k and now its near 6x to that. So 1200 would be around 7k. Give or take of course. But perhaps the stimulus is what is extending this pump?
With all this upward momentum on everyones mind I am looking ahead to Monday. There will likely be another giant gap just like last week. These gaps are sure adding up. There is no guarantee they get filled. We have been regularly leaving gaps behind for weeks now. But this could come into play later on. Most gaps tend to fill so I keep an eye on them. This is an extraordinary time though so the gaps mechanics are being ignored mainly due to this incredible pump we have been witnessing. The bears just havent been able to stop it.
I am still long with a good stop loss set. No need to ignore logic even in a bull run. The bears could strike any minute. I wouldnt short anything at the moment but I would recommend trading with a stop loss. Just in case. I cant tell you when the bulls will relent. Maybe never lol. Maybe tomorrow? Time will tell. Things are a bit crazy outside the Bitcoin market with politics and other factors. Even some alts are suffering from SEC or whatever and people might be exiting their positions in that alt and enter into BTC. Especially the way Bitcoin has been going it would be hard to blame them. But people are asking me daily why this pump wont stop. They just want answers. It was the perfect storm this pump. We had a huge dip in March fueling the start of this bull run, we had the halving in May, Stimulus money in May, broke 2.5 year trend line in July, we broke 20k in Deccember. That is just part of it. Inflation of the USD played a factor as well IMO but that is harder for me to prove. People dont always agree with me but thats just how I look at it. Just enjoy the pump folks. I have a feeling we will see a correction soon enough but in the mean time enjoy this. We deserve every bit of this pump. Have a great day folks and always remember WTFDIK??
TLDR: Cmon 35K!
Bitcoin 4hr analysis 12-30-2020Good morning again ladies and gentlemen and welcome back to my daily look into the world we call Bitcoin. Today I pulled up the 4hr time frame after retaking 28k (and losing it) overnight. No sweat though right? We crested around 28600 which means we created a new ATH. Very impressive bulls! 2 more days (including today) left in 2020. Can we maintain these levels into 2021? Lets take a look at what is going on with my busy chart this morning.
There is a lot going on so I am going to cut to the chase this morning. We created a higher high overnight which I mentioned already. As long as we are consistently creating higher highs the bullish run isnt over. Although we do seem to be stalling out just under 29k. Perhaps this is the top but I will tell you I am sure not betting against the bulls. Not after what I have seen them do over the past few months. But when higher highs are evident on the major time frame it gives traders confidence as higher highs are typically viewed as bullish.
I noticed that there was a small bearish divergence forming. RSI dropping while the price of BTC rose. This is inconsistent and therefore falls under the divergence category. I dont expect it to cause a huge drop or anything. At least not on its own. Sometimes a divergence is lackluster at best. Other times it can be the catalyst to a big dump. We have a big 2000 dollar + gap below us from last weekend and in order to fill that gap we need to drop to around 23500. Imagine being a noob in Bitcoin that just joined during this pump. They may see a drop to 23500 as bearish. LOL. But when you spent nearly 3 years below 20k anything above 20k is a beautiful site.
I see my trading set up is finally beginning to catch up to the candles. I love and hate this. You see when these indicators I use on the regular (50 MA 200 MA and the cloud) are far below that is usually bullish as the candles rose so fast it left moving averages and the cloud far behind. The 4hr time frame shows us pretty much caught up to the candles (maybe not the 200 MA) But the daily has been pretty far above my trading set up. It still is which is one reason I have avoided analyzing it as much as say the 4hr. But even the daily time frame shows my trading set up catching up to the candles. Its been a long time coming.
Lets look at the bigger picture. The 4hr time frame and the daily and weekly shows us all the same thing. We are above the key indicators I use to determine bullish vs bearish. The 50 MA and the 200 MA along with the cloud are all below us on these major time frames and as long as that remains the case I am still bullish. We have over 50 billion USD in 24 hour volume over the past 24 hours. The market cap for the King is over 500 billion dollars. That is goldman sachs money folks. All in a decentralized system with no centralized entity calling the shots. You see certain alts that shall remain nameless have centralized figure heads that can call the shots. Its a degree of centralization that some find helpful. I mean one person calling the shots sounds good in theory. Perhaps consensus can be reached faster if a centralized figure calls the shots. But that is what makes Bitcoin so unique. I guess what I am trying to get at is XRP is being sued by SEC. Someone told me Bitcoin was next. LOL. Who will the SEC go after? Satoshi? Good luck with that. No centralized figure would make it nearly impossible for the SEC to approach Bitcoin in any legal manner.
Alts flew after Bitcoin relented back in 2017. As soon as we reached 20k 3 years ago we saw a decline in the price of BTC within a day or so. That money flowed into alts triggering what is widely known as "Alt Season". I have my eyes on Bitcoin like always but alts too. Although there is no guarantee that alts perform like 2017 but I am still watching. I remember back when I first got into Bitcoin, XRP was the big deal in alts. I mean I remember co workers coming up to me saying XRP broke 1 dollar. Than 2 dollars. Than 3 dollars. It was parabolic. I believe a lot of this XRP pump detracted from the BTC pop. It stifled the run IMO. This go round XRP got almost no love. In fact it was quite the opposite this go round. The alts listed below Bitcoin (or most of them) have been pretty boring. Alts were the hot topic back in 2017-2018. Back then we didnt have the halving directly at our backs. This pump we do. So there is a difference. I will be watching. If money starts flowing from BTC watch for alts to pop. No guarantees but that money is going to flow into somewhere. Either into alts or into bank accounts and now that people (US) are surely getting their stimulus the money may not flow as fast from BTC. But time will surely tell if that is the case. In the mean time please be smart with your investments my friends. Learn to manage risk properly. Lets end 2020 on a high note folks! And remember WTFDIK???
TLDR: New ATH 28,600 USD. Still above my set up on the major time frames. Higher high created over night. If we lose the 4hr 50 MA look out below (IMO)