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Btcanalysis

#BTC/USDT 4HOUR UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys. BTC /USDT UPDATE ! Bitcoin is now trying to break the $21.750-$22,000 resistance area. If BTC is able to break this resistance, we will see a move towards the key resistance area of ​​$22,500. If BTC gets rejected from here, we will again see a test of $20,000. Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Sorry for my English it is not my native language. Do hit the like button if you like it and share your charts in the comments section. Thank you.
by CryptoSanders9563
#BTC/USDT 4HOUR UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys. BTC /USDT UPDATE ! As we can see from the chart mentioned above, BTC broke above the upper trend line of this triangle pattern, and a retest Is likely in the upcoming hours. Retest will be the confirmation to rally above the price level of $22.4k again. Break below the lower green support will lead BTC again to move back inside the triangle pattern. Let's see how it performs in upcoming hours. Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Sorry for my English it is not my native language. Do hit the like button if you like it and share your charts in the comments section. Thank you.
by CryptoSanders9563
BTC NEXT MOVESo mine last prediction was wrong (you can correct me by analyzing it). You can clearly see that past two breakout took almost 1month to down and we have to wait to see where BTC will go further down or up, It could be see in next 15/17 days(OR BTC "might be" go down in somedays because of inflows). DISCLAIMER: I'm still leaning/beginner, So if you go and trade according to my analysis then be careful, I'll not be responsible of any of your profit or loss "You can correct me or teach more regarding to this analysis"
by zunedali
What 1-hour chart says? Fundamental Development: Cardano (ADA) leads by a wide margin in a Twitter poll by the crypto community on May 18, 2022, getting 82% of votes over three other altcoins.A Twitter user with 26.7k followers ran a poll requesting people to vote for the coin they believe will remain until 2030. Along with ADA, they listed Solana (SOL), Avalanche (AVAX), and Algorand (ALGO). At the time of writing, 12,983 Twitter users voted. 82% of the respondents favored Cardano’s ADA, while only 3% picked Avalanche.However, a commenter expressed zero confidence in the four listed tokens. Citing the unfortunate implosion of Terra (LUNA). They said their conviction remains with Bitcoin (BTC) and Ethereum (ETH).While it is impractical to tell which coin is the next Bitcoin, experts have parameters in place to vet the sustainability of a crypto project. The sustainability of a coin may be from its use cases, team, web presence, community, etc. The Case for Cardano Cardano has a community of 1.3 million followers on Twitter. Its blockchain was developed by Charles Hoskinson, the co-founder of the Ethereum network. From its official website, Cardano claims to be a blockchain platform for change makers, innovators, and visionaries, with the tools and technologies to bring about positive global change. Its blockchain can authenticate pharmaceutical products to eliminate the risk of buying counterfeit drugs, among other fascinating use cases.Nonetheless, every cryptocurrency has a reason to exist. It may exist as a payment method like BTC, or a utility token, like ETH, to verify transactions on a blockchain. The absence of a use case for a coin is a strong indication of something fishy.A crypto project’s website and social media presence also gauge its activity level and give an insight into the project. Knowing the team behind a project adds an extra layer of credibility to the project. All of these are true for Cardano (ADA). Short Term Technical View: On daily time frame BTC is trading below 200&50 simple moving averages and trading between $31,400-$28,400 ranges.BTC is made low 25,200 and now consolidating within a range. Yesterday it made low near $28,600 and then it continue to climbed up to near 200 simple moving average. Bitcoin is struggling to gain momentum above $30,500.The price is now trading near the $29,800 level and the 200 hourly simple moving averages. Alternative Scenario: if Bitcoin fails to gain pace above the $30,500 resistance zone, it could start a fresh decline. An immediate support on the downside is near the $28,800 level and the next major support is near the $28,300 level.
BITSTAMP:BTCUSD
by eva236220
What 1-hour chart says? Fundamental Development: During a recent event hosted by The Wall Street Journal, Bank of England Jon Cunliffe opined that retail investors do not actually understand cryptocurrencies. He added that cryptocurrency buyers could end up losing all their money since digital assets are highly speculative. The oft-repeated warning is highly relevant in the wake of the collapse of the Terra protocol. Its native LUNA token plunged to zero in days, impoverishing its investors. Cunliffe believes that digital assets have no intrinsic value, which is why they fluctuate depending on market sentiment. He added that cryptocurrencies are not actually viewed as a financial investment by retail investors. The BoE official has added that cryptocurrencies should be treated as risky securities. The total cryptocurrency market capitalization currently stands at $1.29 billion. Short Term Technical View: On daily time frame BTC is trading below 200 simple moving averages and trading between $30,900-$29,200 ranges. Yesterday it made high near $30,700 resistance zone and then it fell down sharply and found support near $29,300 support zone. Bitcoin is struggling to gain momentum above $30,500 and $30,700.The price is now trading near the $29,800 level and the 200 hourly simple moving averages. Alternative Scenario: if Bitcoin fails to gain pace above the $30,700 resistance zone, it could start a fresh decline. An immediate support on the downside is near the $29,300 level and the next major support is near the $28,700 level.
BITSTAMP:BTCUSD
by eva236220
1
#Bitcoin Trading Plan 27-28 Jan 2022Given yesterday's wild moves especially post the Fed's hawkish announcement I hold a neutral stance today as it remains to be seen which way the market wishes to lean towards; although to be fair, the signs do look bearish. But anyway we have a system and we trade that. Here's what it looks like: In this chart of Bitcoin I have marked 4 price levels which have been determined based on a proprietary calculation that I have developed. The zone between the top-most and bottom-most price levels is a strict "No Trade Zone". If Bitcoin's price crosses the top-most price level, we will be looking for long opportunities and if Bitcoin's price crosses the bottom-most price level, we will be looking for short opportunities. Entry criteria: Bullish case: Enter as soon as a 5-minute candle CLOSES above the top-most price level. Bearish case: Enter as soon as a 5-minute candle CLOSES below the bottom-most price level. Stop Loss criteria: Risk: 2% of capital of per trade. Bullish case: Just below the second price level from the top. Bearish case: Just above the second price level from the bottom. Take profit criteria: I personally follow a system wherein I do nothing until 1:1 RR is achieved. But post 1:1 RR is achieved, I adjust stop loss to cost. I then exit 1/3rd of entered quantity based on 5 minute candle close below ( bullish case) or above ( bearish case) 15 EMA . I exit 1/3rd of entered quantity at fixed take-profit level of 1:3 RR. And I exit the final 1/3rd of entered quantity based on a system of setting stop losses that are dynamically adjusted to the nearest retracement after a Day High Breakout (in bullish case) or Day Low Breakout (in bearish case). I have also experimented with systems wherein you can set take-profit at a fixed level of 1:3 RR or alternatively after 1:1 is achieved book full quantity vased on 5 minute candle close below ( bullish case) or above ( bearish case) 15 EMA . Both of these alternative systems have also been profitable. Please note the given zones are valid only until the end of the day. Any open positions must be closed by 05:25 AM IST which is around when the day is about to end in the cryptocurrency markets. The mentioned zones will become irrelevant post that. Also please note: according to the rules of my system, I don't take more than 3 trades per day on any asset.
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by abhineetramjiwal