Let me start by saying that we've never had this type of monthly chart on the Bitcoin (BTCUSD) trading pair. In the past, each time an All-Time High was hit it would always, without exception, be followed by a long-term correction before prices continue to grow. This time around, we hit a new All-Time High in April 2021 and after only a few months a new All-Time...
BTC Breaks below a trend line. Short for the target of 45710 with a stop loss at 59910.
Here you can see that there was a rising wedge pattern on daily time frame for BTCUSDT which broke down nicely and currently is at support line. This is time to buy. There is falling wedge pattern on daily time frame which is yet to break out. So, trade accordingly. I think it is a bullish divergence. You can see why my analysis is so accurate by analyzing RSI...
These was a possible reversal from the Fibonacci Circle, but shall we consider it as a trap? I'm still bearish on bitcoin, what are your views? The Microstrategy buying bitcoin news did pump the market. But, shall we consider it as a trap, or it is a good sign to buy the dip? Well, according to Fibonacci, the 3.618 level of the circle are possible reversal zones....
BITSTAMP:BTCUSD wait for perfect reversal for swing trade. trade as per your trade setup.
Bitcoin has been dumping since a few weeks now but the dump is not over yet. I'm expecting btc to bottom at 49.7-49.2k range. This can happen today, or within the next 7-10 days. Do not open any longs. Market is good for shorting. Dump is inevitable. Note: This is not financial advice. Your money - your loss. See my bio and follow me for more such analysis,...
Bitcoin is moving below EMA100 on bearish momentum for the first time since May. Hit LIKE to start reading now and let's get started! When Bitcoin moved and closed below EMA100 in May, we had the strongest correction of the year. Now, Bitcoin going below EMA100 can signal that something similar can show up. We have bearish indicators. The MACD is below zero...
Huge div on weekly Consolidating since june S/R flip started on 4hr BTC consolidating and ETH breakout , gives good risk on alts confirmation.
Important 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 $55,000 is when things start to look a little dangerous.
One more reason for BTC to be bullish in upcoming month as you can see in the chart BTC Monthly RSI sitting above trendline support for more update check links in my bio
Buy GXSUDT CMP 3.53 Target 5.5$ to 6.50$. GXS given breakout of the multiyear..possibility of going up is very high.
Bitcoin Price Forecast - BTC Price Prediction and Technical Analysis. You need to watch both the trend lines for btc next move. if btc break the lower trend line then btc can come to $39600 and if it break the upper trend line then btc can goes upto $70,000
Two 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...
BTCUSDT Today Forecast IMO Give a Like and Feel free to share your opinions in the comment! Happy Trading 😊
BTC might retest 54000 as a support before breaking 59000 resistance #BTC
Its quite messy but look carefully we have the highest trading volume on 57560 which is broken that is a very bullish sign, And now the VWAP is at 59308. If it breaks the VWAP value we will be definitely going up on BTC upto 60+K again. As you can see our both trendline worked pretty well without giving any fakeout the smaller one (yellow) and the overall (blue),...
We are now seeing an inverse correlation between Bitcoin on our Altcoins vs Bitcoin trades/pairs. We had just a few short days of the Altcoins calming down but they are starting to heat up. As the next Bitcoin drop approaches, the Altcoins are getting ready to grow. We will see many, many pairs jumping really strong as this week develops. We will see...
Hello Traders, Hope you all are doing good!! I expect BTC to go UP after finishing this correction. Look for your BUY setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can...