BTCUSDDear traders,
As I have been accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible
As I said last weeks... BTC closes the week above the very strong resistance around 42400 and now, because the movement was very strong I expect a retreat around 46800-48000 to the support of 42,000!
however, any closure even for 1 day over 48,000 opens the way to the psychological threshold of 50k and even higher ...
THIS WEEK...as I said in recent months. here that BTC has reached my final target in the 50k area ... a very important area especially because of the psychological target
Any closure, even for 1 day over the 50900 area opens the way to 58800 and even higher ...
if the week closes below 47k , then I expect a new correction of at least 30%
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*This information is not a Financial Advice.
Btcusdanalysis
BTCUSD Coinbase - Looking for EntryGood afternoon, it has been years since I last made a post here because I got out of the Crypto market awhile ago and I wish I never left. Now I find myself wanting to get my hands dirty and look for new entries into the market.
I am forced to use Coinbase as my state has strict laws on what exchanges can be used and I prefer to use USD transactions to make tax time easier to deal with, so I am using the Coinbase USD charts to trade.
I prefer long term trades so I am looking at daily charts in order to find a nice long position to enter and I have to say it may be some weeks or even a month before that happens.
We are in an overall downtrend on the daily chart. I am using the newer Supertrend strategy with the EMA 200 and I am looking for a point where the price will be above the EMA and the Supertrend indicates a buy option, or turns green. Now in the past it appears when BTC downtrends it lasts close to two months at a time before we have seen reversals. The RSI helps indicate with with low numbers only crossing the 50 mark a few times before plummeting. I count the downtrend to where the price finally fell under the 200 EMA and stayed under, and that was about May 19th.
Right now the price has been consolidating over the last two weeks, the volume has dropped and we are coming to a critical point where we could see a breakout in the next day or so. I believe I have found a solid line of resistance indicated by the green line showing a few times it has been tested as well as a top line of resistance indicated by the red line.
Where our nice triangle forms is where we have points of a possible breakout. For now I am hoping BTC follows its past trend and by July 19th or so if the prior trends that fell below the EMA continue its approx two month cycle, we will see some interest and people will begin to buy in. I still will hold on entry until I see price climb above the EMA, hold, and we see a buy signal from Supertrend. I will be patient though I am itching to get back into the market and see how it fairs.
Please let me know your thoughts.
BTCUSD
Dear traders,
As I have been accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible
As I said last weeks...BTC closed below the range area and now I am preparing for SELL until the hot zone is Fibonacci 618!
anyway ... I will wait to see how it closes this month because I think it is decisive for the new trend of BTC!
THIS WEEK... BTC forced and closed for the 3rd consecutive month over 0.5 Fibonacci, which should make us think about BUY!
however, I will be more reserved and will not make a decision until BTC closes for at least one week outside the range area of the week chart
NOTE: Please, give a LIKE if you find this idea useful!
GREAT ATTENTION:
*This information is not a Financial Advice.
BTCUSDDear traders,
As I have been accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible
As I said last weeks...BTC does exactly what I said in the last few weeks ... range in the green rectangle and I will continue to play in this rectangle until the first closing even for 1 day outside it
THIS WEEK...BTC closed below the range area and now I am preparing for SELL until the hot zone is Fibonacci 618!
anyway ... I will wait to see how it closes this month because I think it is decisive for the new trend of BTC!
NOTE: Please, give a LIKE if you find this idea useful!
GREAT ATTENTION:
*This information is not a Financial Advice.
BTC-USD (Signals) [June 16: Beyond Limits]BTC-USD is making a tough War
The Game is getting Even More Harder today.
Sentiment Level of Traders is not good.
ADX is Currently Falling from a Height from 40.
BTC is now Getting inside of Consolidation.
But DI+ is Currently on the edge of Crossing DI- which will generate another huge Momentum.
OBV is falling again and MA is Diverging which is Poor rating for OBV and Volume is Decreasing too.
But Still now the game is on Bulls side.
There are also some Institutional Investors broke in the market. (Candlestick Analysis)
Overall Strength Bullish.
Expecting a +328$ and with a Dip Value of -570$.
Don't lose your heart because BTC will make a Heart Breaking Dance today.
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Battle between 54k and 61k who will win? BTCUSD expected movesBitcoin
The battle between 54k and 60k was a recent trend in bitcoin as we can see that the bear unable to break the 54k firmly and the bull was unable to break the 60k
firmly and since March 14 BTCUSD was trading within this range. And waiting for further fundamental support further upside movement. Today its bounced again from
54K level and braked the price arc. Bullish engulfing formation is a another support here.While writing this analysis the price was around 56k and on top side 60k will
act as decent resistance for the bull as its a major key psychological level where both the buyers and sellers will fight to win.Recently the private companies were started
to invest in Bitcoins and in stable coins so BTCUSD will remain in bullish trend
The ichimoku cloud is still in red zone territory and the cloud band was diminishing and it might turn green soon.Buy at current level and the topside target would be 62k
BTCUSD POTENTIAL BREAKOUTSince we have 2 phases of the upward move and forming ascending triangle pattern in the 15 min time frame, we can expect that it can give a big breakout from levels of 49000-51000 levels.
The market can enter into a long long uptrend phase with some frequent minor correction and it can sustain the uptrend till 55000 levels followed by 58000.
Happy Trading. :-)
Note - This idea is only for educational purposes and the application of the idea provided here in your own trading is dependent on you and any loss caused by that is totally your responsibility. The author is not liable for any loss/damages that happened to any party.
Bitcoin about to ExplodeI am analyzing BTC on one of the followers request, if you want to analyze any of your stock please message me.
Bitcoin is trading in a pattern and it's reaching to the level to Explode, this move can be very fast so safe traders shouldn't take this.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
BITCOIN AnylysisBITCOIN UPDATE. ✌ 🤲
Bullish Trend. ✅✅
11940 - 12060 Is A Good Trend Line Resistence, If Price Successfully Breck This Level, Then Next Target Will Be 12800 - 13400,
Brarish Trend.... ❌❌
BTC Can Be Retest Near At 11700 Again,Then It Will Be Pump From Here,
If Price Failed To Pump From Near 11700, Then Price Again Take Another Corretion At 11850 - 11200,