Btcusdlong
BTC/USD LONG BTC /USDT LONG
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BTC headed to range highs?
BINANCE:BTCUSDT
The parabolic trendline plotted is holding up nicely and BTC is expected to reach range highs soon, given that the momentum gets a push. The RSI is forming a symmetrical triangle, RSI bounced from 42.46 which has been quite a nice bounce area for BTC in the past and I'm expecting this is the push we've been waiting for. The idea is that we need a break above the RSI symm triangle to reach range highs, so waiting for that. We get the push and we will be at 38k then onwards to 40-42k high and then selling ensues to get us down again where I have my bids set at 27500, 25500, 23500 and one small 10% bid at 19000, just in case.
💡Don't miss the great buy opportunity in BTCUSD @BitcoinTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (33600).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BTCUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 57.
Take Profits:
TP1= @ 35080
TP2= @ 37220
TP3= @ 39300
TP4= @ 41740
TP5= @ 46050
SL= Break below S2
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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!
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GREAT ATTENTION:
*This information is not a Financial Advice.
💡Don't miss the great buy opportunity in BTCUSD
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (32380).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BTCUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 54.
Take Profits:
TP1= @ 34802
TP2= @ 36116
TP3= @ 37780
TP4= @ 39563
TP5= @ 42058
TP6=@ 45799
SL= Break below S2
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ForecastCity English Support Team ❤️
Bitcoin BTCUSD Inverted Head and Shoulders - Target 48kDeath cross has never been a major factor for Bitcoin. There have been multiple occasions when BTCUSD has rallied strongly following a death cross. Being a lagging indicator, it's more useful in legacy markets where there isn't as much volatility. The most recent death cross was in March 2020. BTC surged 100% 2 months later and 1100% a year later.
Inverted H&S setup looks perfect thus far for BTC. I expect a breakout next week and 48k before the monthly close or the first week of July at the latest.
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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BTC Bulls get ready...BTC finally had a bullish breakout out of the descending triangle which has been forming since 19th May..
Initially there may be resistance around levels of $42k, $45k, $50k (this should be the easiest) and $57-60k. The thickness of band indicate the strength of resistance that may be offered..
Finally happy to see BTC continuing its bull run ..
Bitcoins Next Move????? I’m going to tell you!!!Lets look at all the facts of BTC regarding TA.
On the monthly chart– We have had a evening star formation. This is a Reversal pattern.
Weekly chart – We are in a weekly sell range and Btc is making Lower lows and Lower highs. Currently in a down trend.
Daily – We are in daily sell range.
BTC is bearish for the time being. We have liquidity squeezing inside the daily sell range. We also have a lot of liquidity below $30k. I would prefer a price to push down past $30k to fill the weekly Imbalance around $20k, This would leave the weekly gap slip and imbalance above for future price action to target, which will break all time highs. If we push up out from $30-$35K to $45k-$55k, There is a higher probability chance we are going to create a lower high to make a bigger move down to $20-$15k. This will create a longer bear market. If we push down now, this will create a lot of fear in the market, this fill Imbalances and I think we will have stronger push up later in the year. We need a weekly close above $60k to remain bullish . Weekly candle finishes this tomorrow. A move will be coming in the next week,
Fundamentally BTC is going nowhere. If you are long term holder, Keep dollar cost averaging on the way down and hold. If you are short term holder, I would take some profits around the $45k-$55k mark if we push up from this area first.
💡Don't miss the great buy opportunity in BTCUSD @BitcoinTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (34180).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BTCUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 70.
Take Profits:
TP1= @ 37920
TP2= @ 39515
TP3= @ 40780
TP4= @ 41870
TP5= @ 43805
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
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💎 Want us to help you become a better Forex / Crypto trader?
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Trade well, ❤️
ForecastCity English Support Team ❤️
"BTCUSDT LONG" "BITCOIN"GO LONG ON BTCUSDT - CAN RETEST THE SUPPORT OF 30000 & CAN BOUNCE UPSIDE FROM 30000 LOWS TOWARDS UPPER SIDE & AFTER THAT CAN GO FOR UPSIDE TARGET OF 43500 & 51000, LOWER SUPPORTS CAN BE TAKEN AS STOPLOSS & MANAGE ENTRY NEAR THE SUPPORTS ONLY FOR LONG SIDE
first target 43500, bottom condition if FIRST SUPPORT 30000 & SECOND SUPPORT 20800 not broken