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💡Don't miss the great buy opportunity in BTCUSD Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (32380). . 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 an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic resistance. . The RSI is at 54. Take Profits: TP1= @ 34802 TP2= @ 36116 TP3= @ 37780 TP4= @ 39563 TP5= @ 42058 TP6=@ 45799 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 / Crypto 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 ❤️
Long
by ForecastCity_ME
5
important bitcoin update bitcoin chart is forming bilateral symmetrical triangle Symmetrical triangle can either be bullish or bearish, Symmetrical triangles form when the price converges with a series of lower peaks and higher troughs but if we look BTC daily and 4hr chart, then overall trend is bearish So there is more probability that bilateral symmetrical triangle can break down. And once it breaks down, then bears become more aggressive and price can drop quickly and resume downtrend. short seller can open short positions if the price breaks down the triangle and wait to retesting trend line This is my personal view about bitcoin price . Take it as educational purpose.
by sunnystar665
Bitcoin Has a Good Head on Its ShouldersIn a range for a few weeks, Bitcoin is just letting off steam and draws us a head and shoulders pattern. Between Tesla's Technoking warning and possible general tightening of regulations across the world, nothing is going well for the queen of all digital currencies. Nothing? Not quite. Bitcoin has so far shown great resilience, foiling any negative news. I remain strictly bullish above the pivot area of ​​43000. The bearish head and shoulders pattern has not yet been validated, but it nevertheless invites us to be cautious. I thus reduced the size of my positions in order to minimize the risk. If the pivot area and the pattern's neckline are crossed, I will go neutral by buying supports and selling resistances. I will not hesitate to buy a possible rebound on the support area of 30000/28000, which corresponds to the objective of the head and shoulders pattern. Under this zone I will place a stop order below which I will become strictly bearish. Of course, this is only my opinion ;)
COINBASE:BTCUSDLong
by chrysalexandre
BTC Breaks Long Term Trend As Tesla Ditches It-BTC has fallen to a two month low as Tesla announces suspension of BTC payments -150 MA has held BTC from a further downfall -Bullish divergence spotted on RSI Bitcoin has broken out of a long 3 month range of $10,000. After Elon Musk announced Tesla will no longer be accepting BTC due to environmental reasons, BTC broke its major support of $55,000 and quickly fell over 15%. BTC is now is now in scary waters. While looking at the chart, BTC has broken a long term trend that has been held for nearly 6 months. This is not a good sign as there is much FUD spreading about Bitcoins environmental impact. BTC must hold major support range of $46,500-$48,000 or we can experience a large fall to $40,000. As of now, the 150MA has held the price of BTC as it touched this moving average for the first time in 6 months. If BTC can break above $48,000 and hold, there will be a decent revival to $51,400. In the case that BTC holds this resistance, next up is $54,400. BTC has grown over 1000% in a year. With this being said, there is a good chance more downside might occur before BTC resumes a bullish uptrend. While looking at the Stochastic RSI, we can see that strength has reset to oversold levels. If the strength can bound above 30, expect a revival to minimum $51,400. The regular RSI also confirms a small bullish upswing as it has printed a bullish divergence. This occurs when price makes a Lowe low but RSI makes a higher low. BTC intraday levels Spot rate: $48,100 Trend: Bearish Volatility: High 
Support: $46,400 Resistance: $48,000
by CoinGape
💡Don't miss the great buy opportunity in BCHBTC Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (0.0196). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . BCHBTC is in an uptrend and the continuation of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. Take Profits: TP1= @ 0.0236 TP2= @ 0.0265 TP3= @ 0.0298 TP4= @ 0.0326 TP5= @ 0.0340 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 / Crypto 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 ❤️
Long
by ForecastCity_ME
5