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Btc-bitcoin

BITCOIN?! Is it a correction or a major selling???Hey everyone, Bitcoin is 6% down today from the daily high. It might be going for another higher low, which can be formed between 50 to 61.8% of the current wave (which is near 50.8k to 54.3k). The all time high is exact 69k and today's high is $63628 and today's low was $59907.73 . It might take support at the Fibonacci channel too, near 57 to 59k. Currently, there is less volume in the market. We might see a major move by Bitcoin soon, which might affect the altcoins. The effect can be both positive and negative. As of now, I'm bearish on BTC.
BITSTAMP:BTCUSD
by theTAguy
Breakout of the Triangle When looking at the current BTC price you can see it broke down out of the symmetrical triangle and also broke the horizontal support. We also got a 4 hour close out of the triangle, so I'd say we have a confirmed breakdown. I closed all of my long positions earlier today but I still don't know yet if I should short or not, since we were in a heavy uptrend. The RSI is heading a little bit lower and the VPVR shows a gap in the volume (so not so much buying pressure). If I signal buying pressure from the bulls, I might reconsider to open up a new long lev position (low lev). But with leverage I'm careful because it can go fast and I don't want to be high leveraged on the wrong side. But I'm definitely keeping my eye on the green support zone.
FTX:BTCPERP
by NotAChartist
BTC looking to break out of the Triangle History has shown that once BTC goes into a large timeframe triangular pattern, the price takes many months to come out of it. It can be argued that the BTC price has gone into a triangular pattern at the moment, with the price looking very bullish in the last 3 days. Ideally, I want the price to break the upper green line ASAP (Pro Shares ETF Date is lined up for 18th Oct), else we risk languishing inside the triangle potentially for months.
BITSTAMP:BTCUSD
by pranjalchaubey
BTC movement in continuation to update dated 21 Sep 2021 Time frame- 4H Exchange- Binance Coin- BTCUSDTPERP Chart includes the following Indicators 1. My own Custom Indicator - " Raptor Super Indicator " As per the above indicator composition: The current price level is already below EMA-13, EMA-21 & EMA-200 => Highly Bearish The current Parabolic Support and Resistance levels shows downward movement => Bearish 2. Yellow thick trendlines shows a breakout from the downtrend of yesterday, now moving sideways in a range bound manner as depicted in a Rectangular region. => still bearish as in downtrend movement. 3. Gann Fan Indicator Support area in which the current candles lies - at support of (line 8/1) => In negtive zone(bearish), if it's price breaks this Gann Fan support Line price along the move, then BTC will enter in a Highly Bearish zone that is below line 8/1 and can further go down till the price Support level S2- $36192 as shown in the chart by PIVOT indicator (Horizontal Support and Resistance Lines) 4. Fibonacci Retracement Indicator: The last Price support level - $ 37291. The current movement shows that the Bitcoin price might come to this level, if not may be retraces back upward from - $ 37500. My overall Technical Analysis says highly bearish , I may be wrong, but it may have a chance to go upward from current Gann support line otherwise doom is here tonight. We know the expected scenarios, now just have to be safe in this dump if it comes. Not a financial advice. Do your own research before investing . Do not trust me as the username says. Cheers and Happy Trading Fellas....
Short
by DoNotTrustMe