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Btc-bitcoin

BTC rejectionIn my opinion it looks like BTC got a clear rejection from all the upper band of the channel. Maybe that we could go down again in the meantime? Zooming in we're clearly seeing that we got a rejection with the candle wick. Zooming in on the 15m en 1h we're seeing that a kind of rising wedge might be forming which could signal some more downward movement. In the immediate short term, but only if it breaks down. We got to keep in mind, we're still bearish on the higher tf's.
FTX:BTCPERP
by NotAChartist
BTCUSD Trading Plan - 7/Dec/2021Hello 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 evolve anytime, hence, always do your analysis and learn trade management before following any idea
BITSTAMP:BTCUSDLong
by For3xScalper
Dump is over for BTCUSDTHere 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 lines and top prices. When RSI was falling, price was making higher high and that was the indicator of the bearish divergence. It gave nearly 36% short position move for us! Follow, like and share.
Long
by Harshvardhan21
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 :)
by pranjalchaubey