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Btcusdlong

Bitcoin and elliott waves QUICK UPDATE - we spotted the inverted head and shoulder and traded it well and reached our target Current Condition = price has tested the previous hourly and 15m rejection zone and trying to sustain it So, we drew waves after the breakout of head and shoulder as per textbook ratios the price tend to form accordingly now price has reached it 3 impulse wave, we will wait for the pullback, which will be approximately 20100 level and the 4th wave that will be our buying zone TRADING SETUP buy around 20,000 around figure or at 20100 according to fib and wave lengths stop loss should be around 19900 Target 1 = 20400 & Target 2 = 20700
Long
by Jimmy_Rebello
NEW BTC BEARISH FORECASTBTC has been trading lower within the falling resistance boundary from 10th of November 2021 till date. I expect more down on BTC with the below reasons however FED's decision may change the game anytime, this is why we suggest trading with care, strong confirmations, and minimising risks. Bearish descending triangle, descending resistance weekly and daily, testing major horizontal support since July, head and shoulders pattern, FED hawkish expectations 21st September. What to do now?🤔 Wait for the candle closure below the neckline boundary, then our target will be 12k straight. If you're still willing to buy BTC😄 Wait for the break above falling resistance, after retest then you go long for the target of 22653(previous shoulder), the shoulder is our current residence D1 and if the 22653 didn't hold lower your next target 25194 (unlikely).
FOREXCOM:BTCUSDShort
by CELGIB_TRADING
btc inverse head and shoulders so yesterday morning i marked this symetrical triangle out traded a long as it was forming the head (which i didnt know at that time) knowing that this triangle would break to the up well have a better chance to break to the up rather then the down woke up this morning its smashed through the triangle giving a 3% gain/rise retraced back down to make a hl and use the traingle upper level as support at the same time made an inverse head and shoulders so if we play out the way that these patterns normally play a long would be good to around the 21200k mark thanks guys scopes like and share
Long
by scoperfi
What 1-hour chart says? Fundamental Development:- Crypto Biz: Elon Musk: The ultimate crypto tourist Elon Musk’s Tesla proved to be the ultimate paper hands after the electric vehicle maker sold 75% of its Bitcoin (BTC) holdings in the second quarter. I say, good riddance. The cult of personality isn’t good for Bitcoin, and neither is a technologist who treats the asset as his plaything. As far as we are aware, Musk hasn’t sold any of his personal Bitcoin stash and Tesla still has an estimated 10,800 BTC on its books. Still, the less we have to hear about Musk and Bitcoin, the better. Short Term Technical View: On daily period, BTC is trading below 200 simple moving averages and trading below previous day low. Yesterday BTC made High 24,220 and decline and took support from 23340 levels. Yesterday it made low near $23,350.Bitcoin is struggling to gain momentum above $24,000. Alternative Scenario: If Bitcoin fails to clear the $24,000 resistance zone, it could start another decline. An immediate support on the downside is near the $22,700 level. Hourly MACD – The MACD is now gaining pace in the bearish zone.
COINBASE:BTCUSD
by eva236220
What 1-hour chart says? Fundamental Development:- Mike Novogratz, the billionaire founder of crypto asset management firm Galaxy Digital, has warned that making more than 200X returns on crypto investments is simply “not normal.”Speaking at the Christie’s Art + Tech Summit in New York on Wednesday, Novogratz warned listeners about the steep volatility of the crypto industry.“I had friends that had bought lots of crypto, and it had changed their lives — guys who didn’t make a whole lot of money but all of a sudden had a $5 million net worth in crypto,” said Novogratz: Short Term Technical View: On daily period, BTC is trading below 200&50 simple moving averages and trading near $23300 -$23350 ranges. BTC made low 22300 and now consolidating within a range. Yesterday it made high near $23700 and then it continue to decline. Bitcoin is struggling to gain momentum above $23,300. Alternative Scenario: If Bitcoin fails to clear the $24,300 resistance zone, it could start another decline. An immediate support on the downside is near the $22,800 level.
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by eva236220
💎BTC: Very Soon We are going to Test 32000$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.
Long
by Rohit_Shinde