Btclong
btc update we have closed the bearish trade as price got to our projected target of 18950-20
now that price showed a fake breakdown and closed within the range of channel
seems like btc forming inverted head and shoulder
trade setup
buy above 19325
stop loss below the right shoulder (not exactly stated as price still below the buy price )
target 19750 - 19800
Let's not be Bullish for BTC - WITH SUPPORT LEVELSDon't Panic II It's just the Recession 2022.
BTC is starting to go bearish from very first week of next month or anytime soon.
Hope you clear all your positions & be patient.
Wait for BTC to make it bottom and make an Entry.
Grab your Golden Opportunity.
💎BTC: Very Soon We are going to Test 32000$Hello Traders,
After scary fall in crypto market, its time to shine again. we seen 1 month strong accumulation in btc, finally btc making higher highs and today we witnessed strong breakout frm recent weekly highs.
its not time to become strong bullish on the market and say bull run is coming bt atleast we can conclude tht in 6 months market will be bullish. first target i m expecting is 32k, which is last monthly candle high.
there are so many alt coins which are highly bullish on weekly frm tomorrow i will post one by one with entry and targets.
#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.
#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.
What 1-hour chart says? Fundamental Development:-
Crypto conspiracy theories abound, but prop traders are just doing their job
Alameda Research is a cryptocurrency trading firm and liquidity provider founded by crypto billionaire Sam Bank man-Fried (SBF). Before founding his firm in 2017, SBF spent three years as a trader at the quantitative proprietary trading giant Jane Street Capital, which specializes in equity and bonds. In 2019, SBF founded the crypto derivatives and exchange FTX, which has quickly grown to become the fifth-largest by open interest. The Bahamas-based exchange raised $400 million in January 2022 and was valued at $32 billion. FTX’s global derivatives exchange business is separate from FTX US, another entity controlled by SBF, which raised another $400 million from investors including the Ontario Teachers’ Pension and Soft Bank. The self-made billionaire has big dreams, like purchasing finance giants like Goldman Sachs, and in July 2021, he previously mentioned that “M&A is going to be the most likely use of the funds,” raised from investors. On June 18, crypto brokerage Voyager Digital announced that Alameda Research had agreed to give the company a 200 million USD Coin (USDC) loan and a “revolving line of credit” of 15,000 Bitcoin (BTC) worth $319.5 million at current prices.
Short Term Technical View: On daily time frame BTC is trading below 200&50 simple moving averages and trading between $21,800-$20,800 ranges.BTC is made low 21,300 and now consolidating within a range. Yesterday it made high near $21,800 and then it continue to decline. Bitcoin is struggling to gain momentum above $21,500.
Alternative Scenario: If Bitcoin fails to clear the $21,500 resistance zone, it could start another decline. An immediate support on the downside is near the $20,800 level.
#BTC to $24500 in SwingsEarlier in my YT i have provided insights that how can one short till 29500 but it actually went way beyond that. I think prior to upward movement to 24500, it can range break to 26500 as well, But any new hodlers i prefer btc might reach 15089 and i think making new assets upto that level has prior more oppurtunity to hold. Now one can enjoy buys above 21400. But dont hold above 35000. high time can get reversed
$BTC Daily update$BTC Given range remains in effect with $20,812 resistance holding. $19,894 showing some good support for last few hours, Last 1D candle closed with Doji could prove as confirmation to 1D bullish engulfing from 19 June. Good chance to break $20,812 here, Continue watching given resistance and support areas on the chart.