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Bitcoin to 34k coming Bitcoin in H4. I hope you like the content. I wanted to keep this forum where i can share my ideas in detail and why i think so. Execution of ideas happen in my trading forum which is has so cost price for the real honest neat and clean trades/ content Ok let's move on , Today gona share Bitcoin in H4 As said before. Have guts , have balls to buy it's real buy and we may see momentum soon. Point to understand here is , more the fear more the blood more the opportunity, you want to grab it or not upto you. Tech Analysis, if you zoom out and see what bitcoin did is bear fakeout, it broke the trendline downside, but keep the PA in golden pocket. It's now ranging in ultra critical point i.e. Breakout point. Sentiments for today: I am expecting upside momentum because today's cpr is so clean and wide and there is no agility there. Ya. Price i am expecting as per W shape recovery in H4 approx 34.6k in coming days. Bullish as long as 28k secured. Much Love @thebigbull9
Long
by CryptoTraderBB
Expecting a sideways movement till August .Currently 31800$ and 27600$ are the heavy resistance and support respectively and market has also not much volume seems that whales are accumulating so I’m personally expecting a sideways movement in daily timeframe and this fractal is also indicating a sideways movement till august. Usually fractal are not correct and may this time also btc dont follow this fractal but if sustainable volume doesn’t comes in market then this fractal will play out definitely according to me. NOT A FINANCIAL ADVICE , #DYOR.
by mastertrader690
BTCUSD Trading Plan - 18/May/2022Hello Traders, Hope you all are doing good!! I expect BTC to go up after spending some more time in this correction. Short term Buy for now. 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
1
BTC/JPY - weekly Analytics + Altcoins 16.05.2022From May 12-13, 2022 there is a potential upside movement in bitcoin , this structure may be a false breakdown and development of a future uptrend. The key resistance at the moment is the level of 4,000,000, its overcoming will open the way to the further growth of quotations and confirm the trend reversal. May 14 formed the extreme value of pessimism of crypto investors, which also confirms the end of the downtrend. Altcoins: TRX in our view still looks attractive for buying, yes there is a possibility of local decline, but it should not affect the global rising trend. Additional confirmation of growth in the coin is the current momentum.
by Yosu_Fund
BTC/USD - weekly Analytics + Altcoins 16.05.2022From May 12-13, 2022 there is a potential upside movement in bitcoin , this structure may be a false breakdown and development of a future uptrend. The key resistance at the moment is the level of 31.150, its overcoming will open the way to the further growth of quotations and confirm the trend reversal. May 14 formed the extreme value of pessimism of crypto investors, which also confirms the end of the downtrend. Altcoins: TRX in our view still looks attractive for buying, yes there is a possibility of local decline, but it should not affect the global rising trend. Additional confirmation of growth in the coin is the current momentum.
by Yosu_Fund
BTC/USD - Weekly OverviewThe past week turned out to be a pivotal point for the world’s largest cryptocurrency. Bitcoin fell below the crucial mark of $30K, which further led to panic selling among the altcoins. A negative breakout from the descending triangle pattern during the first week of the month hinted for such a nosedive in the price level However, looking onto the brighter side, it must be considered that the price level has entered the accumulation zone, which led BTC to achieve its new all-time of $68,790 during the past year. Therefore, it can accumulate a new set of investors within the current range to bring back the positive momentum The technical indicators are still suffering from the wrath of bears but hints at a possible bounceback. RSI, after nosediving to the oversold region, is showcasing positive nature while residing at 33.24. The MACD is still below the histogram forming red bars and shows the potential of a bullish crossover in the upcoming days Maintaining sustainability above $30K and $28K respectively will be very important for BTC to avoid further decline. On the positive side, resistance can be placed at $32K and $36K.
COINBASE:BTCUSDLong
by TradeDog-Research
BTCUSD Trading Plan - 14/May/2022Hello Traders, Hope you all are doing good!! I expect BTC to go up till around 37500 level before dropping again to 20k level. Short term Buy for now. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea
BITSTAMP:BTCUSDLong
by For3xScalper
2
How Much Gain Required to go Terra (Luna) to 120$. Just See PostJust weeks ago, Luna, a cryptocurrency by Terra Blockchain, was one of the hottest coins in the game. By market valuation, it was one of the 4th most valuable cryptocurrencies. Now, its value is zero and the Reddit community where Luna owners gathered and talked has put the suicide prevention help number in the pinned post on the community page. In the last two weeks, Luna has seen its value fall to zero. Essentially, all those who hold Luna now hold a cryptocurrency that isn’t worth a dime. For Terra, just Luna has crashed, but also TerraUSD, which is supposed to be tagged with US Dollar at 1:1 rate. Traded at a rate of USD 1 until May 9, the TerraUSD is now worth less than 20 cents, showing that in real-world a cryptocurrency, irrespective of the idea behind it, has no tangible value and an institutional mechanism that can guarantee whatever value it holds. Luna has now been delisted from major crypto exchanges, including WazirX and CoinDCX. “We will enable Binance free transfer for users to withdraw their Luna funds,” WazirX said in a note. But Luna and TerraUSD aren’t the only cryptocurrencies that have seen their value plummet in the last week. While that is the extreme case — with Luna losing all its value and turning to dust — almost all cryptocurrencies are in a free fall. Bitcoin, which was once selling above $50,000, is now at a price of around $28,000 and falling. The same is with Ethereum, which has also seen its value plummet by some 20 odd per cents in the last 10 days. Experts estimate that around $800 billion of wealth has been wiped from the cryptocurrency market as many have tried to sell whatever crypto coins they hold. The result is that the cryptocurrency communities on Reddit and around the world are in utter chaos right now. While many want to get out of the crypto scene, some are still believers in “HODL.”
by ChartCaptain_
BTC/USD - Weekly OverviewThe bears continued their wrath on BTC and the overall market conditions during the past week. Bitcoin fell below the crucial support levels of $37K and $34K in no time during the past week, reflecting extreme bearish sentiment. The price level has again formed a falling channel pattern after facing strong resistance at the 0.5FIB level. A negative breakout below the 0.236FIB level suggests some caution for investors as the potential for further downside is opened. The directional movement index reflects the solid selling sentiment faced by the world’s largest cryptocurrency. The ADX (average) and -DI (selling pressure) move hands together, residing at 30.78 and 29.32, respectively. On the downside, the levels to watch out for will be $32K and $28K. In the opposite case, if the bulls come back, resistance can be placed at $38K and $40K, respectively.
Short
by TradeDog-Research